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Category Archives: James Packer
“Wow”
No, that’s not the sound of the Las Vegas Review-Journal‘s Jennifer Robison going weak in the knees at the sight of CityCenter again. It’s J.P.Morgan‘s analysts getting turned on by early numbers from Marina Bay Sands. So excited were they … Continue reading
Posted in CityCenter, Current, Economy, Entertainment, Genting, International, James Packer, Lawrence Ho, Macau, Marketing, Massachusetts, Melco Crown Entertainment, Sheldon Adelson, Singapore, Tourism, Tribal, Wall Street
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Motley Crew
(Editor’s note: Whoever labeled the photo at left misplaced the captions. FF3 is the guy having the good hair day and brother Lorenzo is the one with the handkerchief in his breast pocket.) In my 15 years of following the … Continue reading
Blasts from the past
Steve Wynn‘s been taking himself a mite too seriously of late, which makes me wonder whatever happened to this guy? At least the “hair helmet” look is a thing of the past. Sadly, so too is the Golden Nugget Atlantic … Continue reading
Posted in Atlantic City, Colony Capital, Harrah's, James Packer, Marketing, Phil Ruffin, Steve Wynn, The Strip, TV
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Macao’s best month ever
Pace T.S. Eliot, April was not the cruelest month for Macao. Quite the contrary: The protectorate posted gambling revenues of $1.72 billion, a single-month record. Galaxy Entertainment (whose new Cotai Strip™ pleasure palace is pictured, above) brought up the rear, … Continue reading
Posted in Current, Economy, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn
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Harrah’s red-headed stepchild
If we (you, me, everybody) had a dollar for ever time we heard a rumor that Harrah’s Entertainment was putting The Rio on the block, we could pool enough moolah to amortize CEO Gary Loveman‘s recent $100,000 pay cut. Our … Continue reading
From the S&G Twitter feed …
It’s a crazy day here and I’m deeply enmeshed in reportage (hint: it involves Station Casinos) so I’d like to take up some of the blogging slack by once more pimping the S&G Twitter feed (@stiffsgeorges), which can also be … Continue reading
Posted in Alex Yemenidjian, Archon Corp., Bally Technologies, Current, Election, Entertainment, Harrah's, Isle of Capri, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Pinnacle Entertainment, Planet Hollywood, Sheldon Adelson, Singapore, Steve Wynn, Technology, Wall Street
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Phrase of the Day
“Elongated length of play metrics.” That’s Wall Streetspeak for, “We think additional hotel rooms [at City of Dreams] are causing people to stay and play longer.” I expect we’ll be hearing a lot about ELPM “going forward,” as they say … Continue reading
Posted in Current, Economy, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Tourism
1 Comment
Mania in Macao
Las Vegas casino floors nearly look somnolent compared to the intense baccarat play captured by CNN at Melco Crown Entertainment‘s megaresort, City of Dreams. For added fun, one gets a bit of James Bond (Sean Connery) throwing down against “smug … Continue reading
Posted in CityCenter, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Movies, The Strip, TV
1 Comment
Best Strip bargain yet? Plus: Loveman’s verbal gymnastics, pool fees, etc.
Luke Jermay is a charming English mentalist who does a low-budget but worthwhile show at O’Shea’s. His presentation may not be as polished as that of rival Gerry McCambridge, but what Jermay lacks in razzmatazz, he makes up in personality. … Continue reading
Macao’s big ass-month
Casinos in Macao blew way past expectations, raking in $1.6 billion last month (a 70% increase). Stanley Ho‘s SJM widened its lead on Las Vegas Sands, although the latter had more market share (20%) than MGM Grand Macau and Galaxy … Continue reading
Posted in Architecture, Atlantic City, Economy, Environment, Florida, Genting, Harrah's, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Strip, Tribal, Wall Street
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Sheldon Adelson, TV star
There I was, wrapping up a two-day “staycation” with dinner at Metro Pizza when I looked up and … let’s say I’m lucky I didn’t choke to death from shock at what I saw. There was Las Vegas Sands potentate … Continue reading
Harrah’s: too big to fail
Take a good look at that fresh-faced man to the left. His name is Jonathan Halkyard and he’s the CFO of Harrah’s Entertainment. If he seems like a kid who’s running up a reckless tab on Dad’s credit card, blame … Continue reading
Posted in Atlantic City, Harrah's, Herbst Gaming, James Packer, Lake Tahoe, Melco Crown Entertainment, Ohio, Planet Hollywood, Racinos, Station Casinos, The Strip, Wall Street
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Caveat emptor!
Casinos are a good investment — provided they’re outside the United States. That’s pretty much the bottom line, as seen through the rose-colored spectacles of blogger Martin Spring. He likes Genting Bhd and Internet-casino operator bwin Interactive Entertainment. Fine with … Continue reading
Posted in Genting, International, Internet gambling, James Packer, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street
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Aren’t we glad?
When given lemons, make lemonade. When hit with a throat infection, lay low and scrounge around for S&G fodder. So it is today — and I didn’t have to scrounge very far. While Las Vegas didn’t dodge too many bullets … Continue reading
Posted in Alabama, Architecture, Atlantic City, Bally Technologies, Carl Icahn, Dubai, Economy, Entertainment, Harrah's, IGT, Illinois, Indiana, James Packer, Pennsylvania, Planet Hollywood, Regulation, Steve Wynn, Technology, The Strip, Transportation, Tropicana Entertainment, Wall Street, WMS Industries
3 Comments
Feast or famine
While we in Las Vegas struggle to reconcile long nightclub lines and (depending on which casino you visit) full gaming floors with but smallish increases in revenue and visitation, it’s one big-ass Christmas over in Macao. Revenue skyrocketed 63% last … Continue reading
Posted in Boyd Gaming, Economy, Entertainment, Harrah's, Harry Reid, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip
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Macao’s big bounce
Why is this man smiling? Gambling revenue in Macao jumped a whopping 48% last month, as customers left $1.4 billion in casino coffers. No surprise, Stanley Ho‘s casinos continued to maintain their 30% market share, followed by Sands China at … Continue reading
Posted in Current, James Packer, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Politics, Sheldon Adelson, Stanley Ho, Steve Wynn
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Loveman loves him some Macao
By now the saga of Harrah’s Entertainment‘s Macanese golf course is the stuff of legend: a $578 million golden albatross around the company’s neck and a metaphor for the company’s misfortune-prone international strategy. While some of CEO Gary Loveman‘s ventures … Continue reading
Case Bets: The Wayner, G2E, Packer & Kerzner
Say what you like about Wayne Newton‘s Once Before I Go at the Tropicana Las Vegas, it has the biggest band you’ll see on the Strip: 20 strong, plus backup singers. Most Strip headliners have to make do with one-third … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Australia, Carl Icahn, Current, Donald Trump, Economy, Entertainment, G2E, Genting, International, James Packer, Massachusetts, New York, Pennsylvania, Planet Hollywood, Problem gambling, Racinos, Sheldon Adelson, Singapore, Tribal, Tropicana Entertainment
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