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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: history
Of clowns and hackers
If you miss the old Boardwalk Casino on the Las Vegas Strip (which died so that CityCenter could live; they don’t call it “City Cemetery” for nothing) and have $900,000 under the sofa cushions, do we have a deal … Continue reading
Posted in Architecture, CityCenter, history, Nevada, Technology, The Strip
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Starting over at the Taj
“I think that we were trying to copy what was happening in Vegas. Everything out there had a theme, and I think that is what we were trying to do.” So says former Trump Taj Mahal executive Steve Norton about the … Continue reading
Two decades in Detroit; Juliano out at Sands
Can it really be 20 years since casinos were legalized in Detroit? (It’s been 18 years since MGM Grand Detroit opened.) Time flies and so does casino lucre — straight into city coffers. Then-Gov. John Engler (R) had to dragged kicking … Continue reading
Posted in Detroit, Economy, history, Internet gambling, Law enforcement, Massachusetts, MGM Mirage, New Hampshire, Pennsylvania, Politics, Sheldon Adelson, Steve Wynn, Taxes, Tropicana Entertainment
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Cromwell re-do planned; The other Sin City
While the contest to re-name the Cromwell (perhaps as something less puritanical) has gone down the memory hole, that doesn’t mean the boutique casino is off Caesars Entertainment‘s radar. Far from it. The company has announced a fleet of changes … Continue reading
Posted in Architecture, Dining, Entertainment, Harrah's, history, Kentucky, Law enforcement, Sports, The Mob, The Strip, TV
1 Comment
Revel up for grabs?; So long, O.J.
Glenn Straub could theoretically never do a damned thing with Revel and still turn a tidy profit. A New York-based private equity firm is reported as willing to pay him $200 million for the shuttered megaresort, which Straub picked up for … Continue reading
Posted in Atlantic City, Donald Trump, Genting, Glenn Straub, history, New York, Regulation, Revel, Station Casinos, The Strip, Wall Street
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Exit SLS, enter Sahara; Seminoles reach Florida accord
Collectors, start gathering those SLS-branded souvenirs while you can. The auguries continue to accumulate that the beloved Sahara identity will be returning to the venerable hotel-casino. The latest sign is the changeover of the loyalty program to Club 52 (from … Continue reading
Posted in Animals, Cordish Co., Florida, history, Marketing, Maryland, MGM Mirage, Pets, Politics, Sahara, Sam Nazarian, Seminole Tribe, SLS Las Vegas, Taxes, The Strip, Tribal
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Glenn Straub, gaming’s problem child; Panic in New York State
“We’ve been shut down now for three years. As an abandoned building, we want the value of an abandoned building, not the value of a casino hotel,” said Revel owner Glenn Straub, defending his failure to pay Casino Reinvestment Development … Continue reading
Posted in Architecture, Atlantic City, Boulder Strip, Foxwoods, GameCO, Glenn Straub, history, Marketing, New York, Planet Hollywood, Politics, Racinos, Regulation, Revel, Station Casinos, Taxes, Technology, Tourism, Tribal
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The truly big game: Sports betting; Trump vs. tribes … or not?
Going out on a limb, I. Nelson Rose predicts the Supreme Court will rule in New Jersey‘s favor with regard to sports betting. As he notes, “[Chief Justice John Roberts] and the other conservative members of the Court would like … Continue reading
Posted in Atlantic City, Donald Trump, Geoff Freeman, history, Internet gambling, Politics, Regulation, Sports, Tilman Fertitta, Tribal
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Days of wine and roses; SCOTUS to weigh Bradley Act
After seven years of hesitation, The Cosmopolitan of Las Vegas has committed to a purpose for its top four hotel floors. They’ll be high-roller suites known as the Boulevard Penthouse will be the most expensive hotel rooms known to man. … Continue reading
Posted in Architecture, Australia, Cosmopolitan, Dining, Harrah's, history, International, Massachusetts, PokerStars, Regulation, Sports, The Strip, Tribal
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Smoke and mirrors in Maine; Vegas Vickie descends
Surprise, surprise. Shawn Scott is back in the news. The fast-and-loose casino speculator faces queries from the Maine Ethics Commission about where it got its money. Scott’s Capital Seven is pushing a ballot question to put a racino in York … Continue reading
Posted in Colony Capital, Derek Stevens, Downtown, Economy, history, Japan, Maine, Racinos, Regulation, Sports
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Quote of the Day
“You’re not going to believe it, but those cherries, bars and bells were introduced in the 1880s. We still haven’t changed them. They’re silently telegraphing a message when millennials walk through the casino floor. What it’s saying is, ‘This is not … Continue reading
Posted in history, Technology, The Strip
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Caesars pages The Hoff; Riviera sign lives again
Enjoy the fountains and shrubbery in front of Caesars Palace while you still can. Caesars Entertainment CEO Mark Frissora plans to celebrate the company’s emergence from bankruptcy by monetizing 90 acres of Las Vegas Strip frontage. To be fair to … Continue reading
Posted in California, Harrah's, history, International, Japan, Marketing, Problem gambling, Riviera, South Korea, The Strip, Tribal
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Tables buoy Pennsylvania; Oregon poker rooms in peril
It was table games to the rescue in Pennsylvania, in a record-setting performance, which saw casino winnings up 10% last month at the tables, while slots were down 1.5%. State leader was, as usual, Parx Casino, grossing $49 million for … Continue reading
Posted in Eldorado Resorts, GLPI, Greenwood Racing, Harrah's, history, Isle of Capri, MGM Mirage, Mohegan Sun, Neil Bluhm, Oregon, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Sheldon Adelson, Transportation
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Analysts: Station underperforms; Miami Beach bans casinos
Station Casinos reported revenue yesterday and the Palms is on track for 6% ROI this year. So there’s some work to be done. Management is already off to a good start by closing the world’s largest Hooters, victim of sagging … Continue reading
No casino is an Isle-and; Florida fails again
Eldorado Resorts took another big step toward gaming’s major leagues with its acquisition of Isle of Capri Casinos, a deal that closed earlier this week. The purchase gives Eldorado 12 more casinos, including a presence in the important Lake Charles … Continue reading
Posted in Dan Gilbert, Eldorado Resorts, Florida, GLPI, Hard Rock International, history, Internet gambling, Isle of Capri, Japan, Louisiana, Ohio, Penn National, Pennsylvania, Politics, Reno, Seminole Tribe, Technology
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Freeman: Sports betting is coming; Second thoughts on Paradise Park
It could be a case of wishing that legalization of sports betting will make it so. Or maybe Geoff Freeman is privy to intelligence that he’s not shared with the rest of us. Either way, he thinks a sports-betting repeal … Continue reading
Quote of the Day
“MGM Resorts resulted from the merger of MGM Grand and Mirage Resorts. After the merger, the two organizations continued to operate separately, with two COOs and two separate cultures. Multiple properties competed against each other. There was no unified strategy for growth—and … Continue reading
Posted in history, MGM Mirage
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What’s in a name?
Quite a lot, if you happen to be the late Sen. Pat McCarran (D). Not only is Nevada‘s largest airport named after you (not inaptly — the anti-New Deal, pro-fascist McCarran’s signature achievements included splitting off the Air Force as a … Continue reading
Posted in Cordish Co., Donald Trump, Harry Reid, history, International, Movies, Politics, Sports, Steve Wynn, Transportation
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Trump’s revenge; Larry Flynt, casino boss
Why is Trump Plaza the whitest elephant among Atlantic City casinos? (Scroll to bottom) Because its operating costs include a $1 million ground lease to former American Jewish Congress head Robert Lifton, who owns the underlying acreage. This little poison … Continue reading
Reading Trump’s tea leaves; Paper to MGM: Give us your money — or else!
What does the nascent Trump administration bode of tribal gaming? That question is vigorously bandied about in the new issue of Global Gaming Business. Although fairly circumspect in his opinions, National Indian Gaming Association Chairman Ernest Stevens Jr. sees cause … Continue reading
Posted in California, Downtown, Economy, Entertainment, Foxwoods, history, Indiana, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, North Las Vegas, Philippines, Politics, Steve Wynn, The Mob, Tribal
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