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Category Archives: Macau
Trial and error in the Far East
Whenever one goes to a gaming expo, one of the main lines of product on display is the robo-dealer. You know: An electronically run roulette, blackjack, baccarat, craps or sic bo “table” (more of a big workstation, in reality), presided … Continue reading
Posted in International, Macau, Marketing, Singapore, Technology
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When money talks, few are deaf
When addressing the subject of Sheldon Adelson (must we?), the extent to which he has stolen Wynn’s thunder and lightning was made manifest by a lengthy Politico.com profile. Adelson (right, ca. 1998), who can often behave like a colicky infant, … Continue reading
Posted in Current, Economy, Election, Harrah's, Internet gambling, Macau, MGM Mirage, Politics, Regulation, Steve Wynn, Taxes, Tourism, TV, Wall Street
1 Comment
Black man frightens Steve Wynn, Part Two; MGM: Time to forget Harmon?
As Yahoo‘s Jeff Macke cuttingly puts it, he “found a real, live businessman who creates jobs,” thereby providing a Steve Wynn-to-sanity translation, courtesy of CIO Advisors‘ Hugh Johnson. If Wynn were truly being honest, he’d cut to the quick: He’s … Continue reading
Posted in Architecture, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Fontainebleau, Goldman Sachs, Hard Rock Hotel, Harrah's, history, International, Louisiana, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Politics, Sports, Station Casinos, Steve Wynn, Technology, TV, Wall Street
2 Comments
Black man frightens Steve Wynn, Part One
Update: Today, Wynn got into the act in the ongoing Big Bird charade. As Steve Sebelius points out, it’s meaningless posturing, nothing more. Life’s been good to Steve Wynn. How good? Well, if you or I talked like a crazy … Continue reading
Posted in Atlantic City, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Goldman Sachs, Harrah's, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Pennsylvania, Plaza, Politics, Regulation, Sports, Station Casinos, The Strip, TV
27 Comments
Freudian slip and fall; Loveman’s shabby show
One week after he became S&G‘s Casino Owner of the Year for his “george” treatment of Green Bay Packer fans, Derek Stevens stepped on a PR banana peel. His Golden Gate and The D casinos are holding monthly drawings whose … Continue reading
Posted in Boyd Gaming, Current, Derek Stevens, Downtown, Harrah's, International, Internet gambling, Macau, Marketing, Maryland, Massachusetts, Missouri, Ohio, Sports, The Strip, Wall Street
6 Comments
What the fuQ?; A dubious honor
Word around here is that Caesars Entertainment did an in-house survey on potential re-names of Imperial Palace — soon to become “The Quad” — and promptly dumped the poll results in the nearest wastepaper basket. Se non e ver, e … Continue reading
Sunny summer in Pennsylvania; Stanley Ho seen!
Except for a 4% slippage in July, the motto around Pennsylvania might be, “Cannibalization? What cannibalization?” The Keystone State has shrugged off new competition from Ohio, from New York City, from Revel in Atlantic City, and even from within the … Continue reading
Posted in Atlantic City, Current, Dan Gilbert, Harrah's, Macau, Neil Bluhm, New York, Ohio, Penn National, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Stanley Ho, Tribal, Wall Street
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One pig, slightly perfumed; Loveman’s fire sale
Having waited too long and spent too much to ever get around to his long-rumored teardown of the Imperial Palace, the CEO/CFO/COB and prexy of Caesars Entertainment, one Gary Loveman, now finds himself perfuming a pig. Despite having more brand … Continue reading
Yanqui, go home!
Spain‘s banking system has joined a series of toppling dominoes that will likely prompt multiple, TARP-like measures and have the European Union mulling methods of preventing a run on the banks. Into this atmosphere of imminent catastrophe and 24% unemployment … Continue reading
Posted in Donald Trump, Economy, Environment, Florida, International, Macau, New York, Sheldon Adelson, Singapore, Tourism
1 Comment
Toronto: Move over, Jim and Gary, here comes Sheldon
No disrespect to Steve Wynn, but the human starter gun for any serious casino race is now Sheldon Adelson. Except for China, he’s not been in any casino-expansion movement for the long haul since he lost Mirage Resorts. And with … Continue reading
Posted in Atlantic City, Current, Economy, Florida, Harrah's, Horseracing, International, Macau, MGM Mirage, New York, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Texas, Tourism
3 Comments
Macao: “This is decent”; Massachusetts slams door behind Adelson
Macao casino revenue grew ‘only’ 7% last month, which is bad … if you were thinking monthly, large double-digit increases (21% over the past five months) were a sustainable norm. “This is decent,” J.P. Morgan analyst Joseph Greff said of … Continue reading
Posted in Ameristar, CityCenter, Current, Economy, Election, Harrah's, International, Macau, Marketing, Massachusetts, Melco Crown Entertainment, MGM Mirage, New York, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal, Wall Street
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Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?
That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading
Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming
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Case Bets: Sands, Caesars, Boyd, MGM & Wynn
After blowing a half-million dollars on lobbying in Massachusetts, cantankerous casino owner Sheldon Adelson took his ball and went home, as reported earlier. Las Vegas Sands‘ rather weak excuse: “[Boston] didn’t synch up with our business model.” Sands fails to … Continue reading
Sheldon Adelson, quitter; A Grand goof
This just in: It was pretty clear that Sheldon Adelson was cool toward his home state of Massachusetts and he officially called it quits today. His excuse? Three casinos and a slot parlor will “dilute the market.” In other words, … Continue reading
Posted in Architecture, Current, Florida, Genting, Harrah's, Macau, Massachusetts, MGM Mirage, New York, Problem gambling, Regulation, Sheldon Adelson, Stanley Ho, The Strip
5 Comments
“Asia’s Dubai™”?
Well, now we know the official pronunciation of Hengquin Island (even the executives at Las Vegas Sands used to be a bit unsure of that): hung-chee. It looks ominously like another attempt at
Posted in Architecture, Macau, Marketing, Sheldon Adelson
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Tropicana Toronto? CityCentre? Horseshoe Etobicoke?
There’s a dark horse in the race for a Toronto megaresort … very dark. It’s Onex Corp., known to you and me as the owner of the Tropicana Las Vegas. Onex subsidiary Casino ABS owns four of the largest casinos … Continue reading
Posted in Alex Yemenidjian, Current, Economy, Election, Harrah's, Horseracing, International, Kansas, Macau, Maryland, MGM Mirage, Midnight Jim Gibbons, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism, Wall Street
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Sheldon speaks
… as does Las Vegas Sands COO Michael Leven. The big man starts talking four minutes in, following a introductory flourish of boastfulness and fawning intermingled. I feel bad for the interviewer: Sheldon Adelson can’t even accept
Posted in Culinary Union, International, Macau, Sheldon Adelson
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Lies, damned lies and Illinois statistics; SJM: Still hanging in there
If state Rep. Lou Lang (D), the economic Rasputin of the upper Midwest, and his allies in the horsey set were actually conspiring to topple Illinois‘ casino industry in favor of quick-and-dirty racinos, they’ve done it cunningly. Frontal attacks on … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Economy, Harrah's, Horseracing, Illinois, Indiana, Iowa, Macau, MGM Mirage, Missouri, Neil Bluhm, Penn National, Politics, Racinos, Slot routes, Stanley Ho, Wall Street
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People’s Republic of Steve; Sahara Sam’s big score
Although I was only joking when I suggested that Steve Wynn‘s long-sought Cotai Strip land grant would come in on May Day, some Communist Party bureaucrat wasn’t. After many false alarms, the 51 acres were finally ‘gazetted’ on May 1. … Continue reading