Category Archives: International

Moulin Rouge: Whoops!

The Moulin Rouge development that will never be. Oh dear, oh dear. Seems like the City of Las Vegas unwittingly obstructed its own arson probe into the demise of the Moulin Rouge when it allowed the property to be immediately … Continue reading

Posted in Animals, Architecture, Australia, Current, Downtown, Fontainebleau, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Pets, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | Comments Off on Moulin Rouge: Whoops!

House of wax

I call your bluff, comrade. As you may have heard, casinos in Russia can stay open by converting to poker rooms. A tip of the fedora goes to reader mike_ch for pointing out this story, which delineates some of the … Continue reading

Posted in Architecture, Donald Trump, Entertainment, Fontainebleau, International, Penn National, Planet Hollywood, Regulation, Riviera, Sheldon Adelson, Sports, Station Casinos, The Strip, Tourism, TV | Comments Off on House of wax

Michael Jackson, casino baron?

As the media rages down Memory Lane, here’s one from the Strange But True file: Michael Jackson partnered with Detroit entrepreneur Don Barden in a scheme to gerrymander a Motown casino into Barden’s hands. I covered the story for Casino … Continue reading

Posted in Detroit, Don Barden, Economy, Genting, International, Neil Bluhm, Pennsylvania, Sheldon Adelson, Singapore | Comments Off on Michael Jackson, casino baron?

Case Bets: California, Packer pickle, Macao pix, Holy Cow!, Singapore, RoboPoker, etc.

Editor’s note: An item involving Crown Ltd. contained factual errors, which have been corrected (as you’ll see). I apologize for the misinformation. My thanks to the reader who pulled my head out of my @$$. California gamblers stay and play … Continue reading

Posted in Atlantic City, Australia, California, Columbia Sussex, Current, Economy, Entertainment, G2E, Genting, Harrah's, Holy Cow, International, Lake Tahoe, Laughlin, Louisiana, Macau, New York, Penn National, Phil Ruffin, Problem gambling, Regulation, Sheldon Adelson, Singapore, Technology, The Strip, Tribal, Tropicana Entertainment | Comments Off on Case Bets: California, Packer pickle, Macao pix, Holy Cow!, Singapore, RoboPoker, etc.

Seven essential Web sites … and other news

Yes, you too can can be a gaming-industry blogger, with the help of but a few absolutely indispensable Web sites. The ones that I check Monday-Friday without fail (and, as they say on Dancing with the Stars, “in no particular … Continue reading

Posted in Architecture, Atlantic City, Current, Entertainment, G2E, Harrah's, International, Macau, Movies, Steve Wynn, Technology, The Strip, Tribal, TV, World Series of Poker | Comments Off on Seven essential Web sites … and other news

Harrah’s Azov?

Bloomberg News reports the following: Harrah’s Entertainment, the world’s biggest casino company, may build a resort on the Azov Sea, Vedomosti reported Tuesday. Harrah’s may join U.S. construction company Asati in building a complex in Azov-City, one of four gambling … Continue reading

Posted in Alaska, Atlantic City, Charity, Colony Capital, Columbia Sussex, Culinary Union, Harrah's, International, Regulation, Tropicana Entertainment | 1 Comment

MGM: Deal or no deal?

MGM Mirage CEO Jim Murren is re-mulling asset sales of MGM Grand Detroit, Gold Strike (Tunica, Miss.) and Beau Rivage. But all Strip assets are definitively off the market (yes, even Slots A Fun). Since the Detroit and Tunica casinos … Continue reading

Posted in Baseball, Detroit, Downtown, Economy, International, Jack Binion, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Politics, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on MGM: Deal or no deal?

Case Bets: Colony Capital, Siegfried & Roy, Obama smacks poker players

“Bats hang over the doorway to the building that housed Mr. Jackson’s private arcade; guano stains the threshold.” That’s how the Wall Street Journal describes Michael Jackson‘s decaying Neverland Ranch. It gets even freakier from there, with the WSJ receiving … Continue reading

Posted in California, Colony Capital, Entertainment, International, Internet gambling, Movies, Politics, Regulation, Station Casinos, The Strip, TV | Comments Off on Case Bets: Colony Capital, Siegfried & Roy, Obama smacks poker players

Macao: Genting in, MGM out?

I’ve speculated elsewhere — I believe it was on the TwoWayHardThree forum — that Genting Bhd might be a logical, even inevitable successor, should MGM Mirage bail out of Macao. Seems that while I was laid up, news surfaced that … Continue reading

Posted in Atlantic City, Boyd Gaming, International, Macau, MGM Mirage, Singapore, Stanley Ho | Comments Off on Macao: Genting in, MGM out?

Case Bets: Isle exits U.K.; no room at the Trop; Carlino channels Astaire, etc.

Isle of Capri Casinos is coming up for air, literally extricating itself from underneath Ricoh Stadium in Coventry, U.K. As part of CEO James Perry‘s attempt to refocus a company that spread itself too thin under his predecessor, he’s walking … Continue reading

Posted in Atlantic City, California, Colony Capital, Columbia Sussex, Current, Detroit, Economy, Florida, Goldman Sachs, Illinois, International, Isle of Capri, MGM Mirage, Penn National, Regulation, The Strip, Tropicana Entertainment, Wall Street | Comments Off on Case Bets: Isle exits U.K.; no room at the Trop; Carlino channels Astaire, etc.

Garber to Harrah's? Apparently not

So is former PartyGaming PLC supremo Mitch Garber going to Harrah’s Entertainment or isn’t he? As of yesterday, it appears that the company is denyinga London Times report that it had signed Garber to head up a conglomeration of its … Continue reading

Posted in Colony Capital, Harrah's, International, Internet gambling, MGM Mirage, Regulation, The Strip, World Series of Poker | Comments Off on Garber to Harrah's? Apparently not

The end of Viva

That’s one of the implications of Colony Capital‘s potential cash infusion into CityCenter. Since Colony owns 3/4 of Station Casinos and might find itself with a big piece of CityCenter, it’s an utter certainty that it wouldn’t go along with … Continue reading

Posted in Atlantic City, Colony Capital, Goldman Sachs, International, MGM Mirage, Sports, The Strip | Comments Off on The end of Viva

Case Bets: James Packer, Isle of Capri

Geez, maybe the Nevada Gaming Control Board shouldn’t have been in such a hurry to green-light James Packer‘s purchase of Cannery Casino Resorts. (In a bow to noblesse oblige, Packer wasn’t even required to put in an appearance at the … Continue reading

Posted in Australia, Cannery Casino Resorts, Don Barden, Entertainment, Fontainebleau, International, Isle of Capri, James Packer, Pennsylvania, Regulation, Wall Street | Comments Off on Case Bets: James Packer, Isle of Capri

The prodigal son

Poor Kerry Packer; the late Australian mogul and famous high roller must be doing all his rolling in the grave now. Reputed for being daring at baccarat and cautious in business, the media baron is at least spared the indignity … Continue reading

Posted in Aristocrat, Boulder Strip, Cannery Casino Resorts, Cosmopolitan, Economy, Fontainebleau, International, James Packer, Macau, Melco Crown Entertainment, Pennsylvania, Singapore, Station Casinos, Steve Wynn, The Strip | Comments Off on The prodigal son

Buyers' remorse

Even if hotelier and Westin Casuarina (above) owner Columbia Sussex succeeds in extricating itself from Tropicana Entertainment, it’s not out of the woods by a long chalk. It may have as little as nine months (or as many as 21) … Continue reading

Posted in Columbia Sussex, Economy, International, MGM Mirage, Tropicana Entertainment, Wall Street | Comments Off on Buyers' remorse

Case Bets: Chicago, Wyndham, Harrah's

Anybody who still frets about "criminal elements" in Las Vegas casinos ought to turn their gaze toward Chicago instead, where such issues continue to dog the state's 10th casino license. The citizens of Waukegan lost their shot at a casino … Continue reading

Posted in Alex Yemenidjian, Economy, Harrah's, Illinois, Indiana, International, Neil Bluhm, Plaza, The Strip, Tropicana Entertainment | Comments Off on Case Bets: Chicago, Wyndham, Harrah's

Lanni: The official story

My favorite exchange in one of my favorite current TV series, Mad Men, takes place when weasel-like junior exec Pete Campbell (Vincent Kartheiser) goes to rat out his boss, Donald Draper (Jon Hamm), to company owner Bertram Cooper (the cunningly … Continue reading

Posted in Columbia Sussex, Current, Detroit, Harrah's, International, MGM Mirage, Phil Ruffin, Regulation, Station Casinos, The Strip, TV | Comments Off on Lanni: The official story

21

That's the number of predictions for 2009 issued by Spectrum Gaming Group, an Atlantic City-based outfit. They are, in no particular order: • Advancements in technology that impact revenues and cut costs will continue to be attractive to operators even … Continue reading

Posted in Boyd Gaming, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Don Barden, Economy, Harrah's, Herbst Gaming, IGT, International, Internet gambling, Isle of Capri, Macau, Marketing, MGM Mirage, Morgans Hotel Group, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, Tribal, Wall Street | Comments Off on 21

Pinnacle's Bahamas debacle

It wasn’t so long ago that Pinnacle Entertainment was the fair-haired boy of the casino industry, especially after it hit a home run in the Lake Charles, La., market with tony L’Auberge du Lac. Then it nearly followed Columbia Sussex … Continue reading

Posted in Atlantic City, Columbia Sussex, Harrah's, International, Isle of Capri, James Packer, Pinnacle Entertainment, Planet Hollywood, The Strip, TV | Comments Off on Pinnacle's Bahamas debacle

Right from the beginning

Time Magazine, no less, has designated the LBO of Harrah’s Entertainment by Texas Pacific Group and Apollo (Mis)Management the third-worst business deal of 2008. Harrah’s CEO Gary Loveman sought out this deal — and these particular buyers — out at … Continue reading

Posted in Cirque du Soleil, Harrah's, International, Macau, MGM Mirage, Wall Street | Comments Off on Right from the beginning