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Category Archives: history
Quote of the Day
“A government that is strong because it is free, and confident because it is just, has nothing to fear in granting refuge to exiles.”—Alexander von Humboldt
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Honeymoon over in Massachusetts; Drive like Elvis
Encore Boston Harbor has been open only two months. MGM Springfield just passed its one-year anniversary. And yet, the Boston Globe is already tossing around the ‘S’ word—saturation. Saying that casino executives might not like hearing it, the paper rejoined, … Continue reading
Posted in AGA, Arizona, Caesars Entertainment, California, Economy, Entertainment, history, Massachusetts, MGM Resorts International, Mississippi, Penn National, Rhode Island, Transportation, Wynn Resorts
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No Japan for Caesars; Colorado to get bigger Ass
Gary Loveman‘s decision to pass on Macao will be remembered as the worst decision of his tenure at Caesars Entertainment. Will CEO Anthony Rodio‘s withdrawal from contention in Japan be similarly second-guessed? The decision saves Caesars at least $10 billion … Continue reading
Posted in Caesars Entertainment, Colorado, Eldorado Resorts, Full House Resorts, history, Japan, Macau, Sports betting, Wall Street
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Cherokee go to D.C. (maybe); Ivey cleaned out
Native American tribes have a hard time being heard in Washington, D.C. So it was past time that the Cherokee Nation took advantage of a treaty provision two centuries old and nominated a delegate to our nation’s capitol. The actual decision … Continue reading
Quote of the Day
“It is impossible to govern a country with 280 kinds of cheese.”—Charles de Gaulle
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Quote of the Day
“Slave labor was no match for canals, railroads, steel mills and shipyards. Slavery — and the parochial rent-seeking culture it promoted — inhibited the growth of capitalism in the South.”—Karl W. Smith on the 400th anniversary of slavery in the … Continue reading
Quote of the Day
“I think most humans have dark passions inside us, waiting to be stirred up by a demagogue who is funny and mean, who can convince us that decency is for the weak, that democracy is naïve, and that kindness and … Continue reading
Vegas’ baccarat bonanza; New ‘link’ on Strip
Ever unpredictable, the Las Vegas Strip boomed last month, as gross gaming revenue shot up 18% (propelled by baccarat) to $616.5 million. Statewide, gambling win leapt 11.5% for a grand total of $1 billion. Perhaps it’s coincidental—but surely not—that McCarran … Continue reading
Posted in Architecture, Aristocrat, Baseball, Boulder Strip, Boyd Gaming, Downtown, Golden Gaming, Hawaii, history, Lake Tahoe, Laughlin, North Las Vegas, Pennsylvania, Pinnacle Entertainment, Reno, The Strip, Tourism, Wall Street
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Quote of the Day
“The life of a nation is secure only while the nation is honest, truthful and virtuous.”—Frederick Douglass
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Tribes brush off Stitt; MGM riles Jewish community
Oklahoma Gov. Kevin Stitt‘s proposal to levy higher exclusivity fees on the Sooner State’s 134 tribal casinos continues to go over like a lead balloon. The guv finds himself in receipt of a letter from all of the state’s gaming-enabled … Continue reading
Posted in AGA, Atlantic City, California, history, International, Macau, Marketing, MGM Resorts International, Mohegan Sun, Ohio, Oklahoma, Phil Ruffin, Sports, The Strip, Transportation, Tribal, TV
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Touring Vegas; Bus to Nowhere; So long, Sammy
Paste Magazine is having one of those love/hate moments with Las Vegas that seem de rigeur for glossy publications. After a few preliminary digs at the Las Vegas Strip, it settles into a survey of the best places to go … Continue reading
Quote of the Day
“The alternate domination of one faction over another, sharpened by the spirit of revenge, natural to party dissension, which in different ages and countries has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length … Continue reading
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Don’t bet against Sheldon; Encore Boston says ‘Take the T’
Don’t ever accuse Las Vegas Sands of not thinking big. It’s going to the banks for a $5.9 billion loan, primarily for expansion of Marina Bay Sands. That shouldn’t be much of a risk for financiers because nobody makes good … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Genting, Greenwood Racing, history, Internet gambling, Las Vegas Sands, Massachusetts, Penn National, Pennsylvania, Rush Street Gaming, Sheldon Adelson, Singapore, South Korea, Sports betting, Technology, Transportation, Wynn Resorts
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Quote of the Day
“You are among the very greatest Americans who will ever live. You are the pride of our nation. You are the glory of our republic. And we thank you from the bottom of our hearts.” — Donald Trump, addressing World War … Continue reading
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Quote of the Day
“Our birthdays are feathers in the broad wing of time.” — German novelist Johann Paul Richter.
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Quote of the Day
“If a free society cannot help the many who are poor, it cannot save the few who are rich.” — John F. Kennedy, born on this date in 1917.
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The value of a dollar & other Case Bets
If you’re making up your casino budget, you might want to stay away from Atlantic City or New York State, where a dollar has only the buying power of 87 or 88 cents. By contrast, the same dollar spent in … Continue reading
Posted in Atlantic City, Cosmopolitan, Derek Stevens, Economy, Hawaii, history, Indiana, MGM Resorts International, Michigan, Mississippi, Missouri, Nevada, New York, Ohio, Sports betting, The Strip, TV, William Hill
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The biggest loser
Donald Trump‘s casino years are back in the news again, thanks to a New York Times exposé of his tax records that described the 1985-94 period as “an era of fevered acquisition and spectacular collapse.” During a two-year period in … Continue reading
Quote of the Day
“[There] is a deeply wrongheaded habit to project today’s norms, values, ideals backwards in time to find our ancestors inevitably falling short. It betrays a very troubling intolerance of art and the ambiguity of art and the aspirations of art.” — … Continue reading
Posted in California, history, Politics, Tribal
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Quote of the Day
“Money, not morality, is the principal commerce of civilized nations.” — Thomas Jefferson
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