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- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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Category Archives: International
Swelled head
Now, I know that Steve Wynn has a big ego — not unjustifiably — and can get carried away at times, but I doubt that it causes his noggin to swell to abnormal dimensions. Forbes Asia must think its readers … Continue reading
Posted in International, Sheldon Adelson, Steve Wynn, Technology
3 Comments
Like I said …
That MGM Resorts International casino project in Massachusetts looked like a long shot to me — and so it was. After a high-profile launch, complete with a personal appearance by CEO Jim Murren, a dedicated Web site and a promised … Continue reading
Investor Week: The slot makers speak; More Ohio expansion
Themes! Themes! Themes! That was the promise made by WMS Industries, which plans to introduce no fewer than 55 of them between now and year’s end. I’d thought we were past the era in which slot manufacturers indiscriminately licensed every … Continue reading
Posted in Atlantic City, Bally Technologies, Cordish Co., Current, Economy, Election, Entertainment, Harrah's, IGT, Illinois, International, Internet gambling, Macau, Maryland, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Shuffle Master, Slot routes, Technology, Wall Street, WMS Industries
1 Comment
Adelson minions visit Encore: Big Gaming courts Wall Street
There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia
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End of an era; Butera: Down is the new up
Bunny blues. Given the travails affecting Hugh Hefner‘s eroding PEI empire — including a recent abandonment of its Chicago offices and spinoff of its Cyber Club — it was only a matter of very little time before the Palms’ franchised … Continue reading
Posted in Current, Entertainment, George Maloof, International, Marketing, Massachusetts, Rhode Island, The Strip, Tribal, Wall Street
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R.I.P., Dennis Gomes; Casino avalanche in Michigan; Life after UIGEA
There are few real characters in the casino industry anymore. Dennis Gomes (1944-2012) was one of them. His recent death put a premature “full stop” on one of the most colorful and wide-ranging careers gaming has seen. After all, how … Continue reading
Posted in Atlantic City, Colony Capital, Dennis Gomes, Detroit, Donald Trump, Economy, Election, Harrah's, history, Illinois, International, Internet gambling, Marketing, MGM Mirage, Movies, Ohio, Penn National, Pokergeddon, Politics, Problem gambling, Regulation, The Mob, The Strip, Tribal
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Wynn vs. Okada: Shooting the messenger; Ship of fools
Stung by accusations from Wynn Resorts that erstwhile Shareholder #1 Kazuo Okada had been greasing palms at PAGCOR, prompt action was taken by the Philippines House Committee on Games & Amusements. It promptly banned … Steve Wynn. This comical, “circle … Continue reading
Gaughan expands empire … and sundry other Case Bets
Having already taken charge of the hotel operations of the JW Marriott Las Vegas Resort & Spa (for historical purposes, best known as The Resort at Summerlin) last summer, Michael Gaughan Jr. will now extend his operational control to its … Continue reading
Posted in Current, Dining, Entertainment, Georgia, Harrah's, International, Macau, MGM Mirage, Michael Gaughan, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tourism
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Wynn vs. Okada: The appraisal; Mob Experience returns … like you cared
Wall Street analysts are weighing in on Wynn Resorts‘ preemptive strike against Kazuo Okada last weekend. Surprisingly, J.P. Morgan‘s Joseph Greff rates it as a positive in re Steve Wynn‘s ambitions for expansion into Japan and says it doesn’t hurt … Continue reading
Posted in Alex Yemenidjian, Cosmopolitan, Current, Election, Entertainment, Harrah's, International, Macau, Movies, Sheldon Adelson, Steve Wynn, The Mob, The Strip, TV, Wall Street
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Wynn vs. Okada: Payback Time
Looks like Kazuo Okada brought a knife to a gunfight with Steve Wynn. The latter has spent the last year having former FBI boss Louis Freeh and sundry investigators check up on Okada — and what a lot of dirt … Continue reading
Posted in Current, Election, Florida, Genting, International, Macau, Massachusetts, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
4 Comments
Sands’ new strategy: Blame Genting; Big Gaming backs Romney
First, the good news. Las Vegas Sands is signaling that it is not going to take its ball and come home from Florida, regardless of what lobbyist Nick Iarossi said last week. However, Sands’ emissary to the Sunshine State, Andy … Continue reading
Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Downtown, Economy, Election, Florida, Genting, Goldman Sachs, Harrah's, International, Internet gambling, LVCVA, Politics, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tropicana Entertainment, Wall Street
1 Comment
Cosmo woe; MGM lurves Ameristar
As new casino boss Thomas McCartney tries to stabilize the sinking ship that is The Cosmopolitan of Las Vegas, he’s tossed overboard some human ballast in the form of casino employees. (Thirty full-time dealers are alleged to have been pink-slipped.) … Continue reading
Posted in Ameristar, Colorado, Cosmopolitan, Dan Lee, Dining, Election, Harrah's, history, Illinois, Indiana, International, Iowa, Lake Tahoe, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Movies, Ohio, Planet Hollywood, Sheldon Adelson, The Strip
1 Comment
Okada vs. Wynn, Round Two; Nevada wins, players lose
Having spent all weekend and most of yesterday laboring over an in-depth think piece for CityLife (a future-of-Vegas thing), I’ll admit to being pretty well fried. But the news never sleeps — much as one might wish otherwise, sometimes — … Continue reading
Posted in Boyd Gaming, Cretins, Current, Dining, International, Macau, Marketing, Midnight Jim Gibbons, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street
1 Comment
Lee, Nazarian go to market; IGT goes Disney
An S&G source says Creative Casinos CEO Dan Lee has arranged mezzanine financing and may soon go to the bond market to raise capital, presumably for Mojito Pointe for potentially for ventures elsewhere. The Lake Charles market draws heavy play … Continue reading
Fire sale at Caesars; Harvey vs. The Mob
Money problems at Caesars Entertainment are worse than we thought. According to the New York Post, the company is trying to shop as many as 10 Midwestern casinos in order to raise $500 million in development capital. The money would … Continue reading
Posted in Harrah's, Harry Reid, Illinois, Indiana, International, Iowa, Isle of Capri, Louisiana, Maryland, Mississippi, Missouri, Ohio, Politics, Racinos, Regulation, Reno, The Mob, Tribal, Wall Street
1 Comment
China to Cirque: “Pas encore!”
Cirque du Soleil® has laid another oeuf — or Las Vegas Sands has claimed yet another showbiz victim. Its resident show at Venetian Macao, Zaia™, is closing after a 42-month run. Either the touchy-feely, eco-friendly whimsies of Zaia™ were too … Continue reading
Posted in Cirque du Soleil, CityCenter, Economy, Entertainment, Horseracing, International, Macau, MGM Mirage, Pennsylvania, Sheldon Adelson, The Strip, Tourism
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Singapore surges to all-time highs
Thanks to Marina Bay Sands (left) and Resorts World Sentosa, the city-state of Singapore posted record levels of tourism (13 million souls, a 13% increase) last year. While overall tourism-related revenues leapt 17%, entertainment spending — which of course includes … Continue reading
Posted in Current, Economy, Genting, International, Regulation, Sheldon Adelson, Singapore, Tourism
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Bluhm, Boyd win in Illinois, everyone else loses
Well, not quite but the headline pretty much gives you January’s narrative in a nutshell. After backing out the contribution made by Neil Bluhm‘s new, category-killing Rivers Casino in Des Plaines, gambling revenue from the Land of Lincoln was a … Continue reading
Caesars IPO: It’s baaaaaack! Adelson: I’ll take Taiwan
In a pathetically underwhelming announcement, Caesars Entertainment is planning to float an IPO of 1.8 million shares, priced to move at a modest $8-$10 per share. Which means, best-case scenario, that CEO Gary Loveman will raise $18 million, tops, from … Continue reading
Posted in Boyd Gaming, Current, G2E, Harrah's, International, Macau, Maryland, Massachusetts, Ohio, Penn National, Regulation, Sheldon Adelson, The Strip, Wall Street
3 Comments