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Category Archives: International
Genting’s amphibious strategy
There may not be Vegas-style casinos in Florida yet (at least not non-tribal ones) but Genting Bhd is taking a gamble of its own. While Sheldon Adelson talks about putting $3 billion into the Miami area, Genting is already doing … Continue reading
Posted in Economy, Florida, Genting, Harrah's, International, Macau, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal
2 Comments
Coming (not so) soon: Wynn Singapore?!?!
Steve Wynn‘s next big project won’t be in Japan … or Philadelphia … or Boston. According to the tycoon, his “next goal in life” will be to open a Singapore megaresort. Yeah, the same Singapore out of which Wynn bailed … Continue reading
This is interesting …
A congressional candidate from Nevada has launched his campaign with this Red Scare-style (and somewhat jingoistic) blast at the nation upon whom some of the state’s largest employers — Las Vegas Sands, Wynn Resorts and MGM Resorts International — depend … Continue reading
Posted in Economy, Election, Harrah's, International, Macau, Marketing, MGM Mirage, Michael Gaughan, Politics, Sheldon Adelson, Steve Wynn
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Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia
For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading
Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street
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They’ve seen the future …
… and it’s Singapore. That’s good news if you’re Sheldon Adelson, less auspicious if you’ve got a weak track record as a developer (coughCaesars Entertainmentcough). And if Chad Mollman‘s correct, does this mean Steve Wynn has soured on his proposed … Continue reading
We like Paul LePage; Little Red Sheldonhood
Although Maine‘s governor says he’ll veto bills to authorize a pair of racinos and a Lewiston casino, that’s not why S&G gives him the thumbs-up. No, it’s because he’s thwarting legislators from playing favorites. Lawmakers are trying to do an … Continue reading
Posted in Election, International, Macau, Maine, Penn National, Politics, Regulation, Sheldon Adelson, The Strip
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The Strip in April: Down and yet up; Gettysburg: The south loses again
According to the Nevada Gaming Control Board, casino revenue in the state was down 2% in April … except that it wasn’t. Since the month ended on a Saturday, slot revenue from the last two days of April got slopped … Continue reading
Posted in Ameristar, Boulder Strip, Boyd Gaming, California, Current, Economy, Harrah's, Illinois, Indiana, International, Isle of Capri, Lake Tahoe, Pennsylvania, Politics, Regulation, The Strip, Tourism, Transportation, Wall Street
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Illinois: How much worse can it get?
OK, the 9% dropoff in Illinois gambling dollars last month looks worse than it is because it mainly reflects the flood-enforced closure of Harrah’s Metropolis (left, -77%). All other casinos were down an aggregate 3%, and it didn’t much matter … Continue reading
Quote of the Day
“In Latin American, African or Asian countries, I sometimes see shiny tanks and fighter aircraft — but schools that have trouble paying teachers. Sound familiar? And the upshot is societies that are quasi-feudal, stratified by social class, held back by … Continue reading
Posted in Economy, International
2 Comments
Herbst Gaming: new name, familiar faces
No, the company hasn’t been dissolved. But with the various Herbst boys having been run off — plus the negative brand equity created by their eponymous casino firm’s financial collapse — new ownership decided it’s time for a new moniker. … Continue reading
Atlantic City: Fertitta in, Trump out; Inside Pokergeddon
Trump Marina became “RUMP Marina” this week (watch the video), as workers began removing vestiges of the Donald J. Trump era from the property. New owner Landry’s Restaurants is wasting no time putting its Golden Nugget imprimatur on the last-place … Continue reading
Posted in Ameristar, Atlantic City, Colony Capital, Cordish Co., Current, Dining, Downtown, Economy, Harrah's, history, Horseracing, Illinois, International, Internet gambling, Isle of Capri, Marketing, Penn National, Regulation, Station Casinos, Steve Wynn, Wall Street
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Trump’d and skunked
Having predicted from Moment One that Donald Trump‘s TV ratings stunt masquerading as a presidential campaign was a traveshamockery and nothing less, please forgive me if I take one more victory lap, courtesy of Lawrence O’Donnell. The MSNBC pundit, who … Continue reading
Posted in Donald Trump, Economy, Election, Florida, International, Phil Ruffin, Politics, Racinos, Sheldon Adelson, The Strip, TV
1 Comment
This won’t play in Vegas; Second wind for Sands
Steve Wynn is singing his “we’re a Chinese company” refrain again. This never goes over well on the home front when he does it and his threat to move corporate HQ to Macao was met with a general chorus of, … Continue reading
Posted in Florida, Harrah's, International, Macau, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
4 Comments
Quote of the Day
“Pippa [Middleton]—Kate’s sister—yes, she’s attractive, but can the world’s media pump the brakes a little? Half the cocktail waitresses in Las Vegas make her look like she fell off the back of a royal carriage, got run over by a … Continue reading
Posted in Dining, Entertainment, International, Riviera, Steve Wynn, The Strip, TV
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The doctor will see you now
Although stock blogger Frank Curzio seems to be talking out of one of his lower orifices, his musings are too bizarre not to repeat. He floats the notion that Apple is so flush with cash it might entertain some retail … Continue reading
Posted in Economy, Harrah's, International, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street
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Goett … Goett … gone
In addition to his core site of 100 acres across from M Resort, would-be Olympia Gaming mogul Gary Goett is also shopping around an additional 260 gaming-enabled acres directly to the north. Goett’s asking price? A cool million an acre, … Continue reading
Kasich screws casinos; Adelson screws the pooch
Our next-to-worst fears for Ohio have come to pass: Caesars Rock Ohio has temporarily pulled the plug on both its Cincinnati (above) and Cleveland casinos. It’s the latest escalation in a war between developers and state government, which wants to … Continue reading
Road to Hong Kong
I. Nelson Rose, the cosmos’ leading expert on gaming law (and a real mensch) is taking his facts and hitting the road on a round-the-world tour. The Whittier Law School professor will be speaking at the Global iGaming Summit & … Continue reading
Posted in California, Current, International, Internet gambling, Macau, Oklahoma
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Trump™: asset or liability?
If you’d like to wager on Donald Trump‘s sham presidential “campaign” and you like long odds Paddy Power is the place for you. It’s taking action on the 2012 presidential race and Trump is now a 33-to-1 shot, along with … Continue reading
Posted in Atlantic City, Colony Capital, Current, Entertainment, history, International, Marketing, Movies, Sports, Steve Wynn, Tilman Fertitta, TV, Wall Street
9 Comments
Was Pokergeddon a setup?
In his latest column, “Prohibition Is Not Regulation” (an early draft can be seen here) gaming-law guru I. Nelson Rose rakes the Obama administration for choosing “to ignore the lessons of history and take worst aspects of the choices available.” … Continue reading
