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Category Archives: Macau
Genting’s amphibious strategy
There may not be Vegas-style casinos in Florida yet (at least not non-tribal ones) but Genting Bhd is taking a gamble of its own. While Sheldon Adelson talks about putting $3 billion into the Miami area, Genting is already doing … Continue reading
Posted in Economy, Florida, Genting, Harrah's, International, Macau, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal
2 Comments
This is interesting …
A congressional candidate from Nevada has launched his campaign with this Red Scare-style (and somewhat jingoistic) blast at the nation upon whom some of the state’s largest employers — Las Vegas Sands, Wynn Resorts and MGM Resorts International — depend … Continue reading
Posted in Economy, Election, Harrah's, International, Macau, Marketing, MGM Mirage, Michael Gaughan, Politics, Sheldon Adelson, Steve Wynn
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Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia
For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading
Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street
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Where would Jesus play? Harrah’s!
In one of the most surprising press releases I have ever received, the 2011 Believe Crusade is coming to Harrah’s Tunica. Or rather, to “Harrah’s Mid-South Convention Center,” as the promotional materials euphemistically term it. Featuring every C-list African American … Continue reading
Posted in Current, Economy, Harrah's, Macau, Marketing, Mississippi, Regulation, Reno, Tourism
3 Comments
We like Paul LePage; Little Red Sheldonhood
Although Maine‘s governor says he’ll veto bills to authorize a pair of racinos and a Lewiston casino, that’s not why S&G gives him the thumbs-up. No, it’s because he’s thwarting legislators from playing favorites. Lawmakers are trying to do an … Continue reading
Posted in Election, International, Macau, Maine, Penn National, Politics, Regulation, Sheldon Adelson, The Strip
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Loveman: Norton, you’re not the greatest; Another seesaw in Macao
Caesars Entertainment Chief Marketing Officer David Norton, developer of Total Rewards, got his walking papers yesterday. The old “pursuing other interests” excuse was deployed; familiar industry code for “Don’t let the doorknob hit you on the way out.” Publicly, CEO … Continue reading
Sands: Pump up the volume; Nevada’s new casino tax; Cannery’s secret weapon
As in “VIP volume.” That’s what Las Vegas Sands has to do in order to monetize some of its Macao assets, according to a J.P. Morgan report that appeared this morning. In the course of meeting with Sands honchos, Joseph … Continue reading
Ruffin it; Atlantic City: up in smoke?
“Nightclubs — we just didn’t fare well with them. There are so many nightclubs. Everyone’s got just one or two. Ours were just marginal.” That’s Treasure Island owner Phil Ruffin‘s argument for repositioning the pirate place for a mid-market, middle-aged … Continue reading
Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Dennis Gomes, Donald Trump, Economy, Entertainment, Environment, Hard Rock Hotel, Harrah's, history, Horseracing, Kansas, Macau, Marketing, Massachusetts, Morgans Hotel Group, New York, Pennsylvania, Phil Ruffin, Politics, Problem gambling, Racinos, Regulation, Station Casinos, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street, Warner Gaming
1 Comment
This won’t play in Vegas; Second wind for Sands
Steve Wynn is singing his “we’re a Chinese company” refrain again. This never goes over well on the home front when he does it and his threat to move corporate HQ to Macao was met with a general chorus of, … Continue reading
Posted in Florida, Harrah's, International, Macau, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
4 Comments
Kasich screws casinos; Adelson screws the pooch
Our next-to-worst fears for Ohio have come to pass: Caesars Rock Ohio has temporarily pulled the plug on both its Cincinnati (above) and Cleveland casinos. It’s the latest escalation in a war between developers and state government, which wants to … Continue reading
Road to Hong Kong
I. Nelson Rose, the cosmos’ leading expert on gaming law (and a real mensch) is taking his facts and hitting the road on a round-the-world tour. The Whittier Law School professor will be speaking at the Global iGaming Summit & … Continue reading
Posted in California, Current, International, Internet gambling, Macau, Oklahoma
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Steve, Steve, what gives?
Dear Steve Wynn: No this really isn’t about that truly unfortunate (to put it gently) wedding video that Wynn Las Vegas put on YouTube last Monday. Although, as Hunter Hillegas posted on Twitter, “That video kinda freaks me out. Also, … Continue reading
Posted in CityCenter, Cretins, Donald Trump, Dubai, Economy, Entertainment, history, Internet gambling, Macau, MGM Mirage, Pokergeddon, Politics, Regulation, Steve Wynn, Taxes, Technology, The Strip
4 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
Ensign to China?
While U.S. coverage — including ours — of Las Vegas Sands COO Michael Leven‘s recent “fireside chat” tended to focus on his backward-thinking tirade about those confounded new social media, Macau Daily Times zeroed in on the continued vacuum at … Continue reading
Posted in Current, Donald Trump, history, Macau, Politics, Sheldon Adelson, Technology
1 Comment
Meet $2 Million Mike; The Big Easier
Casino podcasts (MGM Resorts International‘s in particular) have been razzed in the past for a lack of content. No such gripes about Las Vegas Sands‘ latest offering, 10 minutes in the company of COO Michael Leven (who derives his nickname … Continue reading
Low-rolling at Aria; MGM ups China ante; That doggone Desert Xpress
A SoCal-based player kindly shared this image from the latest Aria/M life offer: My friend ran an experienced eye over the chips on the rail and concluded that it “must be the lowest-minimum craps table Aria has ever seen,” as … Continue reading
Posted in Atlantic City, California, Cantor Gaming, CityCenter, Current, Harry Reid, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Movies, Pansy Ho, Problem gambling, Regulation, Stanley Ho, Technology, The Strip, Transportation, Wall Street
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Sheldon Adelson’s court jester yuks it up
Las Vegas Sands-backed mayoral candidate Victor Chaltiel rolled out the following prank ad today … I’m not sure that there’s any percentage in going after the grandmotherly (but hopelessly vague) Carolyn Goodman in the snide fashion that is quickly becoming … Continue reading
Posted in Archon Corp., Current, Downtown, Election, Florida, Harrah's, International, Laughlin, Macau, MGM Mirage, Minnesota, Mississippi, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Texas, The Strip, TV
1 Comment
Florida rejects Adelson; Mixed signals from Cosmo; Station’s quixotic quest
It’s all over — until 2012, anyway — for Sheldon Adelson‘s heavy-handed push to ram a set of “destination resorts” through the Florida Legislature. A poison-pill amendment, attached at the behest of parimutuels, would let existing slot houses go to … Continue reading
Posted in Boulder Strip, CityCenter, Cosmopolitan, Current, Economy, Entertainment, Florida, International, Macau, North Las Vegas, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal, Wall Street
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Wynn makes the hit parade
For sanity’s sake, let’s turn from a buffoon (Donald Trump) to a serious individual. Namely, Steve Wynn, who’s been named to Barrons‘ list of the world’s 30 best CEOs. He’s up there surrounded by the likes of Warren Buffett, Jeff … Continue reading
Posted in CityCenter, Current, Genting, International, Internet gambling, Macau, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Wall Street
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Caesars steals Riv’s thunder; Trouble in Adelsonia
Obviously, the headline from today will be approval by the Nevada Gaming Commission of a partnership between Caesars Entertainment and Israeli-owned, Gibraltar-based 888 Holdings. Since it is simultaneously getting permission to shack up with Internet casino operator 888 and opposing … Continue reading
Posted in California, Downtown, Election, Florida, Harry Reid, Hawaii, International, Internet gambling, Iowa, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Oscar Goodman, Politics, Regulation, Riviera, Sheldon Adelson, Sports, Tamares Group, Wall Street
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