Category Archives: International

Why does Steve Wynn hate America?

Or maybe the question should be, What was Steve Wynn smoking before he told CNBC "Money Honey" Maria Bartiromo that Wynn Macau was making more than all other 30 Macao casinos combined? Perhaps he meant his joint is the single-highest-grossing … Continue reading

Posted in CityCenter, Economy, Encore, Entertainment, Harrah's, International, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, Taxes, The Strip, TV | Comments Off on Why does Steve Wynn hate America?

Good times ahead?

New Yorker economic columnist James Surowiecki puts current consumer-spending strends in perspective — and what he finds should gladden the hearts of casino owners. Basically, he finds historical evidence the current tendency toward thriftiness will soon pass. Of course, when … Continue reading

Posted in Current, Detroit, Economy, Fontainebleau, Illinois, International, James Packer | Comments Off on Good times ahead?

Story of the Year

I want the movie rights to this. 'Nuff said. We're #1! For an overdue change, Nevada leads the nation in a good category (first item). And, if you scroll waaaaaaaaaaaay to the bottom, there's an interesting bit about and airfare-and-room … Continue reading

Posted in Animals, International, Marketing, Pets, Steve Wynn, Technology, Transportation | Comments Off on Story of the Year

What's a Trump casino worth?

Only $14 million in cash (plus a $100 million equity infusion), according to The Donald. Bondholders say, we’ll see your $115 million and raise you $100 million. The latter would recoup at least some — but not very much — … Continue reading

Posted in Atlantic City, Baseball, Current, Donald Trump, Fontainebleau, Harrah's, Harry Reid, Horseracing, Illinois, International, Internet gambling, Lawrence Ho, M Resort, Macau, Massachusetts, Melco Crown Entertainment, Neil Bluhm, Ohio, Oklahoma, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Sports, Station Casinos, Steve Wynn, Taxes, Texas, Tribal | Comments Off on What's a Trump casino worth?

Nothing says Canadian Thanksgiving …

… like a three-night stay at Monte Carlo. For $509, you get a trio of room nights and a prix-fixe meal at Brand. But the offer expires today, so take off, eh?

Posted in Dining, International, MGM Mirage, The Strip | Comments Off on Nothing says Canadian Thanksgiving …

Case Bets: California crisis, M cutbacks, "Guiding Light" in LV, etc.

Ist California kaput? That’s the question posed by the The Observer and it makes for troubling reading. If Gov. Jim Gibbons (R-NV) is right that tourism from California is the carotid artery of Nevada‘s economy, then the Silver State is … Continue reading

Posted in Alex Yemenidjian, California, Current, Dining, Economy, Entertainment, Harrah's, International, M Resort, Macau, Sheldon Adelson, Stanley Ho, Tourism, TV | Comments Off on Case Bets: California crisis, M cutbacks, "Guiding Light" in LV, etc.

From the mailbag #8

“Doesn’t the IOC realise it will be winter in Brazil in August, 2016?” — comment Blackberried in by a reader, regarding the award of the ’16 games to Rio de Janeiro. Y’know, I’d been wondering about that myself. The average … Continue reading

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Election, International, Marketing, MGM Mirage, Oscar Goodman, Sheldon Adelson, Singapore | 1 Comment

Masters of the Obvious II

Regarding the punting of casinos from Penghu, the great minds of Wall Street put on their thinking caps and came up with the following, as paraphrased by the Las Vegas Review-Journal: "analysts said the vote could be a viewed as … Continue reading

Posted in Don Barden, Economy, International, Macau, Neil Bluhm, Pennsylvania, Sheldon Adelson, Wall Street | Comments Off on Masters of the Obvious II

Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)

Pay taxes, that is. Two Indiana racinos are pushing back against a tax rate that averages 38%. Considering that the two tracks — one run by Cordish Gaming — are the newbies on the Hoosier State scene, one could fairly … Continue reading

Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Cordish Co., Cosmopolitan, Fontainebleau, Harrah's, Horseracing, Indiana, International, MGM Mirage, Penn National, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Comments Off on Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)

Quote of the Day

"With his ruddy nose, droopy eyes and imposing belly, the mayor might not be much of a looker, but the middle-aged woman behind the counter blushes, and tattooed men jump up from their brown leather armchairs and grin like schoolboys. … Continue reading

Posted in Downtown, Economy, International, Oscar Goodman, Tourism | Comments Off on Quote of the Day

From the mailbag #5

Our Comment-Eating Server has been at it again, so here are a few reader remarks that got devoured in cyberspace (where no one can hear you scream at your computer) … With regard to “Gambling Scandal Ensnares Eight More“: This … Continue reading

Posted in Atlantic City, Current, Donald Trump, Environment, Harrah's, International, Internet gambling, Isle of Capri, Labor, Regulation, The Mob, The Strip, Tribal | Comments Off on From the mailbag #5

Gambling scandal ensares eight more

It’s not quite on the global scale of the Ultimate Bet brouhaha, but the Tran Organization‘s conspiracy to fleece dozens of U.S., Canadian and tribal casinos is racking up an amazing head count. To date, federal prosecutors have already nailed … Continue reading

Posted in Ameristar, California, Colony Capital, Don Barden, Donald Trump, Harrah's, Indiana, International, Internet gambling, Iowa, Isle of Capri, Louisiana, MGM Mirage, Mississippi, Penn National, Pinnacle Entertainment, Regulation, Station Casinos, The Mob, The Strip, Tribal | Comments Off on Gambling scandal ensares eight more

From the mailbag #5: Vegas Club, football, Atlantic CIty

Reader herbop reports on the latest thrift move by Tamares Group: “While other Downtown hotels are installing in-room safes, and removing complaint-causing daily fees for same, the Vegas Club Hotel has pulled out the installed safes from its rooms. When … Continue reading

Posted in Atlantic City, Downtown, Economy, Entertainment, G2E, International, Sports, Tamares Group, Tilman Fertitta | Comments Off on From the mailbag #5: Vegas Club, football, Atlantic CIty

'Peepshow''s little Hitler problem

Congratulations (not!) to the producers of Peepshow, whose rent-a-headliner stratagem has finally blown up in their faces. They're replacing a Jew (Shoshana Bean) with a fan of the leadership abilities of — I kid you not — Adolf Hitler. Oh, … Continue reading

Posted in Current, Downtown, Entertainment, International, Macau, Marketing, Planet Hollywood, Politics, Singapore, Technology | Comments Off on 'Peepshow''s little Hitler problem

Cro-Magnon economics; Packer play?; Harrah's boycotted

Still snowed under with non-S&G commitments, but here’s a brief dispatch. First, with apologies to Woody Allen … “The federal stimulus package is so bad” “Yes, and such small portions.” That’s the sum and substance of this diatribe, penned by … Continue reading

Posted in Atlantic City, Boulder Strip, International, James Packer, Pennsylvania | Comments Off on Cro-Magnon economics; Packer play?; Harrah's boycotted

Get 'em while they're young

One of the Atlantic City Hilton‘s most valued players was a 19-year-old from Brooklyn. This baby whale was sufficiently lucrative to the Colony C(r)apital property that he received a comped stay and qualified as a “rated player.” Better still, A.C. … Continue reading

Posted in Atlantic City, Colony Capital, Entertainment, International, Regulation, Riviera, Station Casinos, The Strip | Comments Off on Get 'em while they're young

McKee vs. Lerner

Actually, the headline misstates what was a very collegial — if occasionally dissenting — exchange of views between Union Gaming Group's Bill Lerner and Yr. Humble Blogger on Jon Ralston's Face to Face show. It was only my second-ever gig … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, International, Kansas, Labor, M Resort, Macau, MGM Mirage, Sheldon Adelson, Singapore, Station Casinos, The Strip, TV, Wall Street | Comments Off on McKee vs. Lerner

Aztar deal the worst ever: it's quantifiable

When he acquired Aztar Corp., back in 2006, Columbia Sussex CEO William J. Yung III also became one of the company’s debtors. So what’s his $36 million worth today? According to the Wall Street Journal, 100 grand or less. If … Continue reading

Posted in Atlantic City, Carl Icahn, Columbia Sussex, Cosmopolitan, Current, Economy, Genting, Harrah's, International, Macau, Sheldon Adelson, Singapore, Stanley Ho, The Strip, Tropicana Entertainment | Comments Off on Aztar deal the worst ever: it's quantifiable

Wynn goes to Monaco

Maybe this just goes in the "pipe dream" category, but a Culver City architectural firm has posted renderings that indicate Steve Wynn is/was thinking of extending his brand to Monaco. A description is said to be "coming soon." In the … Continue reading

Posted in Architecture, Harrah's, International, Steve Wynn | Comments Off on Wynn goes to Monaco

To blog or not to blog?

That is the question for today. It's not the larger, existential question of whether the opinions of one curmudgeonly blogger amount to a hill of beans in this world, especially when even the village idiot has a cyber-soapbox. No, it's … Continue reading

Posted in Baseball, Entertainment, Harrah's, International, Technology, TV | Comments Off on To blog or not to blog?