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Category Archives: Marketing
MGM gets potty-mouthed; New York casino flops
MGM Resorts International‘s casinos-without-gaming new ad campaign is playing to divided opinions. For instance, the company has 100,000 square feet of gaming at Bellagio but you won’t spot so much as a pair of dice in the ad, yet MGM … Continue reading
Posted in Cirque du Soleil, CityCenter, Genting, International, Lawrence Ho, Marijuana, Marketing, MGM Mirage, Neil Bluhm, New York, Philippines, Politics, Sports, Tribal, TV
2 Comments
MGM Bridgeport … ?!?; Battle lines drawn in Maine
Poor MGM Springfield. It’s not even finished and MGM Resorts International is already off on a snipe hunt in Connecticut. Like Steve Wynn many years ago, it is proposing a casino for Bridgeport. MGM says it is prepared to invest … Continue reading
Posted in e-sports, Economy, Election, Foxwoods, history, Maine, Marketing, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Politics, Regulation, TV
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F-blew: Here we go again; Trop makes Hoosier history
Steven Witkoff hasn’t closed on the Fontainebleau sale yet, never mind receiving a gaming license, and he’s already being cast as the savior of the Las Vegas Strip. However, there are some dark clouds on Fontainebleau’s horizon. Despite the $1.3 … Continue reading
Light at end of Atlantic City tunnel; Madonna gets played
There’s one reason to look forward to November in Atlantic City: Revenue comparisons will no longer have to include the dead weight of Trump Taj Mahal. Gaming revenues were up 3.5% on the Boardwalk last month but add the Taj … Continue reading
Posted in Architecture, Aristocrat, Atlantic City, Cosmopolitan, Dan Gilbert, Detroit, Entertainment, Harrah's, Marketing, MGM Mirage, Mohegan Sun, Paragon Gaming, Scientific Games, Sports, Technology, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Westgate LV
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Eldorado: Small is beautiful; Fire sale in the Philippines
Eldorado Resorts CEO Tom Reeg just had a sit-down with Joseph Greff and his JP Morgan colleagues, and clued them into Eldorado’s plans. “We came away encouraged by management’s upbeat tone and positive commentary on Reno trends … and long-term plan … Continue reading
Posted in Colorado, Dining, Economy, Eldorado Resorts, Florida, Harrah's, Indiana, Isle of Capri, Kazuo Okada, Louisiana, Marketing, Melco Resorts & Entertainment, New York, Philippines, Regulation, Reno, Steve Wynn, Taxes, Tribal, Wall Street
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Blitzkrieg
(This is one in an occasional series of CEO interviews.) One of the products you’ll undoubtedly see at Global Gaming Expo is an 84-inch touchscreen, multi-game product called Jackpot Blitz. It’s an effort to bring fresh and younger players to … Continue reading
Posted in International, Internet gambling, Macau, Marketing, Regulation, Technology, The Strip
1 Comment
Icahn’s big score
Did Carl Icahn just take Steven Witkoff to the cleaners? It sure looks that way. Witkoff and his associates paid, according to Bloomberg, $22 million an acre for Fontainebleau. Yes, $22 million. That figure is so dazzling I had to … Continue reading
Strip disappoints, locals casinos dominate; Indiana ignores tribal casino
Poor table play punished the Las Vegas Strip last month, driving revenues down 8%. Locals casinos, by contrast, were up 13%, possibly helped by some end-of-June coin lingering in the slot hoppers. But, if so, what’s the Strip’s excuse for … Continue reading
Posted in Boulder Strip, Boyd Gaming, Charity, Downtown, Economy, Environment, Harrah's, Indiana, International, Japan, Lake Tahoe, Laughlin, Lawrence Ho, Louisiana, Macau, Majestic Star, Marketing, MGM Mirage, Missouri, Nevada, North Las Vegas, Pansy Ho, Pennsylvania, Regulation, Reno, Sheldon Adelson, Taxes, The Strip, Tribal, West Virginia
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MGM changes Macao strategy; Protest at the Hard Rock
MGM Resorts International isn’t counting on the whales to make ends meet at its Cotai Strip™ casino. “Our business model is not predicated on the VIP business. Our strategic plan is built on catering to this tremendously emerging more-affluent Chinese customer, a … Continue reading
Cuomo’s experiment disappoints; Caesars sweet on Japan
Whatever marketing studies drove the conclusion that upper New York State was ripe for gambling expansion have proven to be have been seriously off the mark. Gov. Andrew Cuomo‘s three-casino addition to upstate gaming options are disappointing Albany with their … Continue reading
Posted in Cordish Co., Genting, Greenwood Racing, Harrah's, Japan, Marketing, MGM Mirage, Neil Bluhm, New York, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, The Strip, Tourism, TV, Vietnam
1 Comment
Mickey Mouse comes to Sin City; Unrest at MGM
Locals might cringe every time the “What happens in Vegas stays in Vegas” cliché is trotted out — in part because what happens there usually finds its way to YouTube within hours, if not minutes. However, the staying power of … Continue reading
Posted in Cosmopolitan, Culinary Union, e-sports, Economy, history, LVCVA, Marketing, MGM Mirage, Mississippi, Taxes, The Strip, Transportation
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Dover downer; Connecticut rewrites the rules
Expect another request for tax cuts from Dover Downs after the Delaware racino posted a 96% decrease in second-quarter profits. (Slots are taxed at a usurious 43%.) While Dover Downs made $32,000, it suffered a 7% decline in casino revenues. … Continue reading
Posted in Atlantic City, Cordish Co., Delaware, Foxwoods, GameCO, Greenwood Racing, Harrah's, International, Marketing, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Racinos, Regulation, Taxes, Technology, Tribal
1 Comment
Wynn faces tough path in Japan; Sweetheart deal for Saucier
Things haven’t been going well for Kazuo Okada but he could still play spoiler to Steve Wynn‘s casino aspirations in Japan. Litigation between the two could tarnish Wynn’s image. Already, Wynn is swimming upstream, with MGM Resorts International and Las … Continue reading
Posted in Architecture, California, Florida, Genting, Japan, Kazuo Okada, Marketing, Massachusetts, MGM Mirage, Nevada, New York, Politics, Regulation, Sheldon Adelson, Steve Wynn, Wall Street
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Exit SLS, enter Sahara; Seminoles reach Florida accord
Collectors, start gathering those SLS-branded souvenirs while you can. The auguries continue to accumulate that the beloved Sahara identity will be returning to the venerable hotel-casino. The latest sign is the changeover of the loyalty program to Club 52 (from … Continue reading
Posted in Animals, Cordish Co., Florida, history, Marketing, Maryland, MGM Mirage, Pets, Politics, Sahara, Sam Nazarian, Seminole Tribe, SLS Las Vegas, Taxes, The Strip, Tribal
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Glenn Straub, gaming’s problem child; Panic in New York State
“We’ve been shut down now for three years. As an abandoned building, we want the value of an abandoned building, not the value of a casino hotel,” said Revel owner Glenn Straub, defending his failure to pay Casino Reinvestment Development … Continue reading
Posted in Architecture, Atlantic City, Boulder Strip, Foxwoods, GameCO, Glenn Straub, history, Marketing, New York, Planet Hollywood, Politics, Racinos, Regulation, Revel, Station Casinos, Taxes, Technology, Tourism, Tribal
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Quote of the Day
“’We had [Pittsburgh] Steelers jerseys waiting for them when they arrived, which they took with them, but didn’t want to put on,’” recalled Meadows general manager Rod Centers. The Steelers won that matchup in a 43-14 blowout, and Centers said he … Continue reading
Posted in GLPI, Horseracing, Marketing, Pennsylvania, Pinnacle Entertainment, Sports
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Illinois becalmed; Freeman breaks with Trump
Lawmakers in Illinois obviously don’t care about the future of the state’s 10 extant casinos, considering the next gaming expansion (following slot routes) that they are preparing to ram through. If they bothered to look at the market, they’d see … Continue reading
Posted in Boyd Gaming, Cordish Co., Geoff Freeman, GLPI, Golden Gaming, Harrah's, Illinois, Marketing, Maryland, MGM Mirage, Neil Bluhm, Penn National, Philippines, Regulation, Slot routes, Tourism, Wall Street
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Strip survives baccarat drought; Gural reprieves Atlantic City
Las Vegas Strip gaming execs can breathe a sigh of relief that April’s 3% decline in revenue, while worse than expected, was as small as it was. After all, they were up against flat baccarat wagering and a revenue plunge … Continue reading
Posted in Atlantic City, Economy, Election, Foxwoods, Hard Rock International, Marketing, MGM Mirage, Mohegan Sun, New York, Politics, Technology, TV
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SLS to get new owner; Boyd outlines strategy
Having failed to reinvent the north end of the Las Vegas Strip as the new place to party heartily, the owners of $415 million SLS Las Vegas are giving up and selling it to a relatively minor player: Meruelo Group. The … Continue reading
Malloy: Stay the course; Wynncore automates
Although the courts may have the final say in the matter, Connecticut Gov. Dannel Malloy has scotched the idea of an open-bidding process for a third Nutmeg State casino. He would prefer to keep the bird in the hand that … Continue reading
Posted in Atlantic City, CityCenter, Foxwoods, Marketing, MGM Mirage, Mohegan Sun, New York, Sheldon Adelson, Steve Wynn, Taxes, Technology
1 Comment