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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Harry Reid
Dr. Loveman’s voodoo; Reid hangs it up
Despite having wrought havoc upon Caesars Entertainment, Chairman Gary Loveman — looking alarmingly puffy and ill — manages to still find himself taken seriously as a talking head. He gave CNBC a dosage of his usual spin-doctoring. This includes one … Continue reading
Posted in Atlantic City, Cordish Co., Geoff Freeman, Harrah's, Harry Reid, history, Japan, Maryland, Pennsylvania, Politics, TV, World Series of Poker
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Reid’s heavy hand; Staying the course in Macao
Financing of SLS Las Vegas was made a little easier when Sen. Harry Reid (D) intervened on behalf of some of Sam Nazarian‘s all-important EB-5 visa investors. The inspector general of the Department of Homeland Security has identified four SLS … Continue reading
Posted in Economy, Election, Harrah's, Harry Reid, Macau, Melco Crown Entertainment, MGM Mirage, Movies, Regulation, Sam Nazarian, The Strip
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Et tu, Harry?
Internet gambling dodged a bullet when the federal government’s omnibus spending bill was sent to the floor without Restoring America’s Wire Act tacked on like a flea riding a dog. “If we can’t get it into the omnibus, it won’t be … Continue reading
Posted in Economy, Harrah's, Harry Reid, Internet gambling, Macau, MGM Mirage, Politics, Sheldon Adelson, Shuffle Master, Taxes
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Big month for Isle; Sentence handed down on Caesars gang
Whether it’s that one less weekend day than last year or holiday shopping or whatever, Missouri was down again in November after tantalizing us with a revenue-positive October. The statewide decrease was 4%, with table revenues holding steady but slot revenues pulling … Continue reading
Posted in Harrah's, Harry Reid, International, Internet gambling, Isle of Capri, Kansas, Missouri, Penn National, Pinnacle Entertainment, The Strip, Tropicana Entertainment
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Adelson keeps coming; Eternal frustration in Florida
Let’s face it: Sheldon Adelson is old, distrusts computers and clearly fears Internet gambling’s encroachment on his mammoth brick-and-mortar casinos. Which means that even if he fails to get the Restore America’s Wire Act bill passed in Congress’ lame-duck session, … Continue reading
Posted in Election, Florida, Harry Reid, Internet gambling, Politics, Sheldon Adelson, Taxes, Tribal
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New Jersey cuffed; Adelson stirs controversy
In a development of no great surprise, federal District Court Judge Michael Shipp enjoined Monmouth Park (and anybody else in New Jersey) from offering sports betting. And he made the injunction permanent, decreeing that the Garden State’s unregulated sports wagering … Continue reading
Posted in Foxwoods, Harry Reid, Internet gambling, Massachusetts, Politics, Regulation, Sheldon Adelson, Sports, Tribal
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Station mixes candor, optimism; Adelson: What’s next?
Station Casinos CFO Marc Falcone wasn’t showing his cards in yesterday’s conference call with analysts. He would only say that, in the wake of Proposition 48‘s defeat in California, Station and the North Fork Rancheria of Mono Indians would explore “other … Continue reading
Posted in Atlantic City, California, Detroit, Economy, Election, Harry Reid, Internet gambling, MGM Mirage, Politics, Regulation, Sheldon Adelson, Station Casinos, Tribal, Trump Entertainment Resorts
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Fighting on in New Jersey; One-armed banditry
Monmouth Park may have been stayed from offering NFL and World Series bets, among others, but state Sen. Raymond Lesniak (D) isn’t giving up fighting the good fight, describing it as “the last hurrah.” Describing an Atlantic City that’s devoid … Continue reading
Posted in Atlantic City, Entertainment, Foxwoods, Harry Reid, Illinois, Macau, Mohegan Sun, Racinos, Sports, Steve Wynn, Technology, The Strip
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Sam’s Place
“The Sahara is gone. The SLS is here. Before long … we’ll only be talking about the SLS.” That was the Great & Powerful Harry Reid, administering a verbal beatdown to anyone still nostalgic for the Sahara. Reid’s dose of Tough … Continue reading
Posted in Architecture, CityCenter, Dining, Harry Reid, MGM Mirage, Sahara, Sam Nazarian, Steve Wynn
1 Comment
Quote of the Day
Steve Wynn: What is SLS? Sam Nazarian: “Sam loves Steve.” — telephone exchange between Wynn and Nazarian, as retold by Sen. Harry Reid (D-NV) at today’s SLS Las Vegas press conference.
Posted in Harry Reid, Sam Nazarian, Steve Wynn
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Abboud: Sinners repent!; Loveman’s orphan
Sounding like anti-casino zealot, Las Vegas Sands Senior Vice President of Government Relations & Community Development Andy Abboud had a dire message for Pennsylvania lawmakers: “Gambling was never supposed to be everywhere. It’s not an entitlement; it’s a vice. It needs to be doled … Continue reading
Posted in Cannery Casino Resorts, Economy, Election, Harrah's, Harry Reid, Japan, Neil Bluhm, Pennsylvania, Politics, Sheldon Adelson
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Sheldon’s boys; Tough questions for the industry
Improbably, Sheldon Adelson has found two U.S. senators to carry water for him on Capitol Hill as he tries to stem the tide of Internet gambling. Both Sen. Dean Heller (R) and Sen. Harry Reid (D) are working to reinstate … Continue reading
Posted in Culinary Union, Harrah's, Harry Reid, Illinois, Internet gambling, Massachusetts, MGM Mirage, Politics, Problem gambling, Regulation, Sheldon Adelson, Technology
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Boston briefs: Caesars gets the vote out, etc.
In the face of iffy local support for its Suffolk Downs project, Caesars Entertainment has surrogates going door to door in East Boston, selling voters on the proposal’s virtues. Given the Latino majority among Easties, that’s where Caesars is targeting … Continue reading
Springfield: MGM wins again; Barton: Congressman or con artist?
As predicted, voter turnout was low but a victory is a victory, and MGM Resorts International went home a winner yesterday. Springfield voters ratified an agreement between MGM and the city, 58% to 42%. Scarcely had the last vote been … Continue reading
Shocking! Just shocking!; Riviera: Choy gets the chop
Andrew Breibart heir Matthew Boyle has his bloomers in a twist over the fact that Nevada Sens. Harry Reid (D) and Dean Heller (R) have tweaked the immigration bill currently before the Senate to include an indefinite extension of the … Continue reading
Posted in Architecture, Boyd Gaming, Current, Economy, Genting, Harry Reid, Politics, Riviera, Tourism
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Revel gets the memo; Sheldon Adelson knows what’s good for you
Wall Street really hates it when casinos buy business with “promotional allowances” (read: comps) but sometimes — and especially when you’re Revel Hotel-Casino — there’s no choice. In marketing policies as new as its expanded nomenclature, Revel is acknowledging its … Continue reading
Adelson: He’s taking it with him; Nevada casinos win one, in principle
Las Vegas Sands CEO Sheldon Adelson continues to burn through company at what would — for most ordinary firms — be a frightful clip. Clark County District Judge Rob Bare tacked $31.6 million onto a $70 million jury award to … Continue reading
Posted in Current, Harry Reid, Macau, Marketing, Melco Crown Entertainment, Midnight Jim Gibbons, Politics, Regulation, Sheldon Adelson, Taxes
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The wrath of PokerStars; Hart’s win; NV Internet poker: Too soon to tell?
That “thud” you just heard was the price of an Atlantic City casino hitting its lowest level ever. In litigation filed against Colony Capital, spurned buyer Rational Group said it was to have paid only $15 million for the Atlantic … Continue reading
Good and bad ideas in marketing; Small is beautiful, Vegas
Break out a flagon of whatever Derek Stevens is drinking and put it on my tab, lads. To commemorate the first leg of the Triple Crown, he’s holding a May 3-4 Sigma Derby tournament. Buy-in starts at $50, so starting … Continue reading
Merger of the Nerds; Cosmo picketed
With 2013 shaping up as a good year for slot sales, Scientific Games has chosen this moment to pounce upon WMS Industries, one of the oldest, biggest and most-respected firms in the industry. SGMS shares promptly leapfrogged from $8.93 to … Continue reading