Category Archives: M Resort

California bound; M changes hands and style

Yes, MGM Resorts International, Boyd Gaming, Las Vegas Sands, the great state of Illinois and I don’t know who all else have been reporting revenues this week, and Mississippi is under water.. And I’ve not had time to cover any … Continue reading

Posted in Animals, Architecture, Boyd Gaming, California, Current, Dining, Environment, Illinois, M Resort, MGM Mirage, Mississippi, Movies, Penn National, Pets, Steve Wynn, Transportation, Wall Street | 2 Comments

Boyd exits Florida; Mixed messages from the Riv; The revenge of Adelson

Regardless of whether or not resort casinos are voted into law in Florida, one company that won’t be in the running is Boyd Gaming. The firm threw in the towel on the Miami market today. The Sunshine State “no longer … Continue reading

Posted in Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Entertainment, Florida, Genting, Harrah's, Isle of Capri, M Resort, Macau, Marketing, MGM Mirage, Penn National, Politics, Regulation, Riviera, Sahara, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Technology, The Strip, Wall Street | 1 Comment

Not priced to move; The end of Southern Highlands

Recently I was asked about the future of the Key Largo Casino, long defunct — a casualty of last decade’s condo craze. The photo above is some handiwork of Colliers International and I’ve borrowed it to illustrate the excellent geographical … Continue reading

Posted in Boyd Gaming, Cannery Casino Resorts, Columbia Sussex, Current, Economy, Gary Goett, M Resort, Penn National, Regulation, Station Casinos, The Strip, Warner Gaming | 1 Comment

At the winner is … Isle of Capri; Big shakedown in Ohio

That ongoing Isle of Capri Casinos Comeback Tour comes to Nemacolin Woodlands Resort, which won Pennsylvania‘s final “resort casino” license earlier today. Situated in the greater Pittsburgh area, the rural getaway is owned by lumber tycoon (and “george” political donor) … Continue reading

Posted in Economy, Election, Harrah's, Isle of Capri, M Resort, Maryland, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Taxes, TV, Wall Street, West Virginia | 6 Comments

Cantor’s new brand: Slots for tots

Other than as a medium for sports betting, mobile-gambling devices have resolutely failed to catch on in Las Vegas casinos. Provider/operator Cantor Gaming has made a few inroads but mostly at one-off properties like M Resort and the Hard Rock … Continue reading

Posted in Cantor Gaming, Cirque du Soleil, Cosmopolitan, Cretins, Current, Economy, Entertainment, Hard Rock Hotel, Harrah's, Internet gambling, M Resort, Midnight Jim Gibbons, Politics, Problem gambling, Regulation, Reno, Sheldon Adelson, Station Casinos, Technology, The Strip | 2 Comments

What makes Sammy run?

Scarcely was the ink dry on Sahara owner Sammy “The Naz” Nazarian‘s announcement of the property’s May 16 closure than rumors began to fly about his endgame for the old gal. At S&G, we’re pretty certain that “The Naz” (™ … Continue reading

Posted in Alex Yemenidjian, Boyd Gaming, California, Carl Icahn, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Economy, Fontainebleau, Herbst Gaming, M Resort, Marketing, MGM Mirage, Penn National, Regulation, Riviera, Sahara, Sheldon Adelson, Tamares Group, The Strip, Tourism, Tropicana Entertainment, TV, Wall Street | 9 Comments

Dan Lee’s revenge & comeuppance for Penn in Louisiana

While the casino industry suffers no shortage of big egos, Penn National Gaming CEO Peter Carlino zooms past that, heading full speed toward arrogance. When not trying to use the political process to sandbag its competitors, Penn occasionally builds casinos. … Continue reading

Posted in Atlantic City, Current, Dan Lee, Economy, Kansas, Louisiana, M Resort, Missouri, Ohio, Penn National, Pinnacle Entertainment, Regulation, Texas, Wall Street | 9 Comments

Good news, bad news in Atlantic City; Feinstein: “Stay on the rez!”; Buffalo Bill’s rides again

For once, however, it’s mostly good. Almost entirely good, in fact. The headline item is that Dennis Gomes‘ purchase of Resorts Atlantic City has cleared licensing, sweeping out the disastrous Colony Capital era. Gomes and financier Morris Bailey say $31.5 … Continue reading

Posted in Alex Yemenidjian, Atlantic City, California, Colony Capital, Cosmopolitan, Current, Dining, Donald Trump, Economy, Harry Reid, Herbst Gaming, M Resort, Marketing, Mississippi, Morgans Hotel Group, Penn National, Politics, Regulation, Sports, Technology, The Strip, Tribal, TV | 4 Comments

Kerkorian’s mixed message; Winners & Losers

Earlier this week, Hudson Securities analyst Robert LaFleur — something of a maverick in the gaming sector — voiced doubts about MGM Resorts International‘s ability to sustain its debt covenants. With an overhang of $13 million in debt, few properties … Continue reading

Posted in Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Harrah's, International, Louisiana, M Resort, Macau, MGM Mirage, Morgans Hotel Group, Neil Bluhm, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Reno, Sheldon Adelson, The Strip, Tourism, Tribal, Vdara Death Ray, Wall Street | 4 Comments

Atlantic City: It could have been worse; Hard Rock changes its tune

OK, so September’s numbers from Atlantic City only represent one month of competition from SugarHouse, in Philadelphia. However, with every other casino in Pennsylvania having enjoyed two full months of table games, a 12% dropoff isn’t as bad as I … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Detroit, Dining, Donald Trump, Economy, Harrah's, M Resort, Marketing, MGM Mirage, Morgans Hotel Group, Neil Bluhm, Pennsylvania, The Strip, Tropicana Entertainment | 2 Comments

Cantor’s been a naughty boy

There’s a certain whiff of desperation to this Cantor Gaming spot, pimping their casino-in-one gaming devices (which, in addition to their cutting-edge technology, apparently make chicks find you totally hot). The gadgetry and software, which were legalized five years ago, … Continue reading

Posted in M Resort, Marketing, MGM Mirage, Regulation, Sheldon Adelson, Sports, Technology, TV | 4 Comments

No (M)irage this time: Penn enters Vegas

They’ve been busy little beavers at Penn National Gaming, which is — would you believe it? — now the third-largest operator in the U.S. Never mind that Penn bought a horse track in Ohio, on top of building two casinos … Continue reading

Posted in Atlantic City, Carl Icahn, Current, Donald Trump, Fontainebleau, Harry Reid, Louisiana, M Resort, Marketing, Maryland, MGM Mirage, Ohio, Penn National, Pennsylvania, Station Casinos, Steve Wynn, Texas, Wall Street, West Virginia | 7 Comments

Who needs M most?; Station’s glass jaw

In a shocker of a scoop, The Newspaper That Must Not Be Cited revealed yesterday that a $700 million stake in $1 billion M Resort was being shopped around by the resort’s lead banker. While this probably says more about … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Carl Icahn, Colony Capital, Cosmopolitan, Current, Downtown, Economy, Kansas, M Resort, Maryland, MGM Mirage, Michael Gaughan, North Las Vegas, Ohio, Penn National, Pinnacle Entertainment, Riviera, Station Casinos, The Strip, Tourism, Tropicana Entertainment, Wall Street | 8 Comments

Wasted … and the 77% solution

Not even the cachet of Carey Hart and occasional appearances by Pink were enough to keep Wasted Space going. The Hard Rock Hotel is calling it quits on the club, bumping it in favor of a race and sports book. … Continue reading

Posted in Alex Yemenidjian, Architecture, CityCenter, Current, Economy, Entertainment, George Maloof, Harrah's, M Resort, Marketing, MGM Mirage, Midnight Jim Gibbons, Morgans Hotel Group, Pennsylvania, Riviera, Sports, Steve Wynn, Taxes, Technology, The Strip, Tourism, Transportation | 5 Comments

Louisiana treads (oily) water

It’s a rare day when one can report that a casino market was down year/year but did better than expected. If you were looking for serious Deepwater Horizon spillover into June’s casino numbers, you’d be surprised. Statewide, casinos were -4.5% … Continue reading

Posted in Ameristar, Boyd Gaming, Current, Dining, Economy, Environment, Harrah's, Harry Reid, Louisiana, M Resort, MGM Mirage, Penn National, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip, Wall Street | Comments Off on Louisiana treads (oily) water

Shel & Bill, together again; Coup for HRH

As though yoked by karma, Las Vegas Sands CEO Sheldon Adelson and former sidekick William Weidner — the Jon & Kate Gosselin of the casino industry — seem destined to remain unwillingly chained together through eternity. Most recently, they’ve been … Continue reading

Posted in CityCenter, Current, Downtown, Economy, Genting, Harrah's, Herbst Gaming, M Resort, Macau, Marketing, Massachusetts, Morgans Hotel Group, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Texas, Tilman Fertitta, Tourism, Tribal, Wall Street | Comments Off on Shel & Bill, together again; Coup for HRH

Harrah’s big buffet bungle

Let it be said at the outset that $39.99 for X number of meals at (most of) Harrah’s Entertainment‘s Strip buffets — up from $29.99 — is still one heckuva deal. If you can manage, say, breakfast, lunch and two … Continue reading

Posted in Current, Dining, Harrah's, M Resort, Marketing, Planet Hollywood, Technology, The Strip | Comments Off on Harrah’s big buffet bungle

Harrah’s ups the ante

Yr. Humble Blogger is a fan of the Las Vegas buffet scene — and owns the waistline to prove it. Starting Monday, Harrah’s Entertainment ratchets up the temptation factor by keeping seven of its Strip buffets open round the clock. … Continue reading

Posted in Columbia Sussex, Current, Dining, George Maloof, Harrah's, M Resort, Marketing, MGM Mirage, Planet Hollywood, The Strip | 2 Comments

Las Vegas is beaten at its own game …

Royal Casino SPA & Hotel Resort from Vivid Cafe on Vimeo. … by Riga? I want to hop the next plane to Latvia after seeing this extremely sexy short film (approx. 7 minutes) showcasing the Royal Spa & Casino, which … Continue reading

Posted in International, M Resort, Marketing, MGM Mirage, The Strip, TV | Comments Off on Las Vegas is beaten at its own game …

Dept. of Wishful Thinking

Whatever became of Elad Properties‘ metaresort-sized Plaza project, built upon the ruins of the New Frontier? Reed Construction Data Project Research claims it’s on. Never mind that Elad’s not put so much as a shovel into the ground … or … Continue reading

Posted in Current, Economy, Environment, Gary Goett, Harrah's, M Resort, Massachusetts, Mississippi, New York, Phil Ruffin, Plaza, Racinos, The Strip, Tribal | Comments Off on Dept. of Wishful Thinking