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Category Archives: history
Kentucky’s failure claims victim
Occasionally, as casino gambling tries to expand in the U.S., some innocent bystander gets taken down. That could literally be the case with the Bavarian Brewery Building, a crenellated fixture of the Covington, Kentucky, skyline since 1877. It 2008 it … Continue reading
Posted in Columbia Sussex, history, Kentucky, Politics
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Wynn: Think big; Genting: Spend big
When Steve Wynn opened The Mirage in 1989, it was the beginning of the end of the era when the casino was the dominant revenue source in Las Vegas resorts. Restaurants, shows and hotel rooms all became profit centers. But … Continue reading
Posted in Atlantic City, Entertainment, Florida, G2E, Genting, Harrah's, history, Macau, Massachusetts, MGM Mirage, New Hampshire, New York, Steve Wynn, The Strip
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Sanguine at Penn; Serrano goes Italian
Executives from Penn National Gaming were hosted by J.P. Morgan analysts this week at Global Gaming Expo and gave a fairly mellow outlook on business. Nationally, commerce is seen as stabilizing but not having bottomed out yet, although Penn is “holding … Continue reading
Posted in Architecture, Dining, Election, G2E, Harrah's, history, Maryland, Massachusetts, MGM Mirage, New York, Ohio, Penn National, Politics, Racinos, Regulation, Steve Wynn, The Strip, Wall Street, West Virginia
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Quote of the Day
“According to National Relief Charities, a nonprofit organization that assists Native Americans in the Plains and Southwest, ‘Over 500 treaties were made with American Indian tribes, primarily for land cessations, but 500 treaties were also broken, changed or nullified when … Continue reading
Boston: Wynn takes a stand
Friday will go down as the day Steve Wynn told the Massachusetts Gaming Commission where it could get off. In a letter to the commissioners, Wynn “said Wynn Resorts would not alter the design of their proposed 27-story hotel tower in … Continue reading
Posted in Architecture, history, Maine, Marketing, Massachusetts, Mississippi, Mohegan Sun, Ohio, Penn National, Racinos, Regulation, Steve Wynn, Transportation
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Boston: Another agonizing delay; Loveman: Don’t worry, be happy
Just when it looked like the suspense would be ended over who’d get the Boston-area casino, the slow-moving Massachusetts Gaming Commission imposed another week’s delay on the process. Basically, commissioners want Wynn Resorts to do better than it has in … Continue reading
Posted in Alabama, Architecture, Atlantic City, Cordish Co., Genting, Harrah's, history, Marketing, Massachusetts, Mohegan Sun, New York, Penn National, Pennsylvania, Regulation, Steve Wynn, Transportation
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New hope for Showboat, gloom for Atlantic City
While Revel and Trump Plaza go begging — and Trump Taj Mahal reportedly plans to close in November — suitors are lining up to woo Caesars Entertainment for the Showboat Atlantic City. Already Atlantic Properties Group has pitched the idea … Continue reading
Posted in Atlantic City, Boulder Strip, Donald Trump, Harrah's, history, Japan, MGM Mirage, Revel, Tribal, Trump Entertainment Resorts
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MGM courts Japan; More Strip land hits the market
Taking a veiled stab at Las Vegas Sands and Wynn Resorts, MGM Resorts International President William Hornbuckle said that a MGM megaresort in Japan would be “uniquely Japanese, not a copy of an integrated resort from Las Vegas or Singapore.” It … Continue reading
Posted in Architecture, Downtown, Entertainment, history, James Packer, Japan, Melco Crown Entertainment, MGM Mirage, Regulation, Riviera, Singapore, Station Casinos, The Strip
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Hard Rock rocks Sioux City; Chris Christie’s mighty pen
Lost in the loud death rattle of Argosy Belle Sioux City was the opening of its successor — some would say usurper — Hard Rock Hotel & Casino. And, contrary to what naysayers would have you believe, it’s bringing a … Continue reading
Posted in Atlantic City, Economy, history, Iowa, Oscar Goodman, Penn National, Politics, Sports, The Mob, Tourism, Warner Gaming
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A Grand weekend
Thanks to the missus’ connections, we were able to swing a brief stay at the Downtown Grand last weekend. The liveliness of the atmosphere was at just the right level, not Fremont Street-manic. There are certain inherent design flaws that … Continue reading
Posted in Architecture, Dining, Downtown, Entertainment, history
1 Comment
Shakeup at Downtown Grand
I’ll be staying at the Downtown Grand this weekend and it looks like I won’t be the only novitiate. Ownership has installed a new management team, too, casting a wide net. CFO Marie Ramsey comes over from the Tropicana Las … Continue reading
Posted in Boyd Gaming, Cordish Co., Current, Delaware, Downtown, Harrah's, history, MGM Mirage, New York, Racinos, Riviera, Sheldon Adelson, Station Casinos, The Strip
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Wall Street: Viva Las Vegas
“Results could be lackluster, even if more states allow casinos, as is the case in Ohio, which we estimate cannibalized roughly one-third of its revenues from surrounding states.” So wrote Fitch Ratings Service analyst Michael Paladino, assessing the gaming industry’s national … Continue reading
Posted in Economy, Harrah's, history, Mississippi, New York, Ohio, Racinos, The Strip, Wall Street, Westgate LV
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Case Bets
Look what they found. Legislators in Delaware have “found” money to aid the state’s ailing racinos and, surprisingly, no sofa cushions were involved. $10 million will be used to help reduce the racinos’ costs to slot machine vendors by 75%. … Continue reading
Posted in Delaware, Harrah's, history, Louisiana, Maryland, MGM Mirage, Racinos, Regulation, Taxes
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Revel to close, barring a miracle; Gaughan memorialized
That’s the message coming from top Revel Resort brass, who sent a letter to casino employees cautioning them that — unless the property can be sold by Aug. 18 — they all may be out of jobs: “If Revel is unable … Continue reading
Posted in Atlantic City, Downtown, Economy, Fontainebleau, Hard Rock International, Harrah's, history, Massachusetts, Tribal
1 Comment
Making MGM Springfield happen; Dinner with Isaacs
MGM Springfield is shaping up as the most architecturally interesting casino project not only in Massachusetts but the nation as a whole, a charming mix of the new and the old. The company had been planning a few nods to … Continue reading
Posted in Architecture, Detroit, Dubai, history, International, Massachusetts, MGM Mirage, Regulation, Scientific Games, Shuffle Master, Wall Street
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A gentleman and a scholar
There are some blog entries one would rather not write. This is one of those occasions. Gentlemanly attorney Robert Faiss, who literally wrote the book on casino regulation in Nevada, died yesterday at age 79. In in an irony he … Continue reading
Posted in history, Japan, MGM Mirage, Politics, Regulation
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Station’s waning clout; Off the rez with SCOTUS
Station Casinos‘ insistence on re-litigating the issue of slot parlors in Nevada seems to have finally driven some officials to the end of their patience. Assembly Majority Leader William Horne (D, right), the industry’s primary water carrier, tried to plump for a … Continue reading
Posted in Boyd Gaming, Election, history, Missouri, Politics, Regulation, Slot routes, Station Casinos, Tribal
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Burton Cohen, 1923-2014
One of Las Vegas’ least pretentious and most beloved casino executives died yesterday when Burton Cohen expired at the age of 90. He kept his hand in until the end, serving on the MGM Resorts International board of directors. His manifold tours … Continue reading
Posted in Delaware, Entertainment, history, MGM Mirage, Racinos, Taxes, TV
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SLS makes a believer
It took a while but SLS Las Vegas has made a believer of me. The hotel crossed the Rubicon this past Tuesday when it began taking reservations. It also trotted out a handsome new Web site, one which gives an … Continue reading
Posted in Architecture, history, Reno, Sahara, Sam Nazarian, The Strip
1 Comment
In defense of Sheldon Adelson
A disclaimer: I tend to agree with Jeffrey Compton that Sheldon Adelson‘s “actions seem nothing but ego-driven overkill.” And by getting into bed with Bible Belt religious conservatives — to whom any form of gambling, not just on the Internet, … Continue reading
Posted in Economy, history, Internet gambling, Iowa, Isle of Capri, Macau, Politics, Regulation, Sheldon Adelson, The Strip, Wall Street
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