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Category Archives: Marketing
The contradictions of Sam Nazarian
Is Sam Nazarian becoming a legend in his own mind? You have to wonder when you read that he’s had a statue of himself erected in the front of SLS Las Vegas. Sure, Bob Stupak did the same thing at … Continue reading
Posted in California, Cosmopolitan, Entertainment, Florida, Genting, International, Japan, Marketing, MGM Mirage, New York, Pennsylvania, Sahara, Sam Nazarian, The Strip, Wall Street
3 Comments
Atlantic City: Worse to come
If you thought this year’s shrinkage of the Atlantic City casino market from 12 casinos to eight was bad, brace yourself. A Deutsche Bank report predicts more contraction to come. Resorts Atlantic City and Trump Taj Mahal have been marked … Continue reading
Quad out, Linq in; Siegel in, Goldman out
It takes a big man to admit a mistake and Caesars Entertainment CEO Gary Loveman has tacitly acknowledged that “The Quad” was a mistaque. It’s on the way out, to be replaced with a re-re-branding of Imperial Palace as Linq Hotel … Continue reading
Posted in CityCenter, Colony Capital, Goldman Sachs, Harrah's, Marketing, MGM Mirage, Regulation
Tagged Westgate
1 Comment
Atlantic City courts the LGBT dollar; Indiana casinos court anybody’s dollar
Formerly a gay getaway, Atlantic City lost its LGBT-friendly image when the casinos came in 1978, or so the history goes. “When the casinos came, people were quick to bulldoze whatever they had to sell for millions, and we lost … Continue reading
Posted in Atlantic City, Boyd Gaming, Harrah's, Illinois, Kansas, Marketing, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sam Nazarian, Slot routes, Taxes, The Strip, Tribal
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New York: Promises and excuses
New York casino developers are enumerating the economic benefits for their prospective employees. Make no mistake, many of the jobs will be entry-level, minimum-wage employment. Saratoga Casino & Raceway is predicted a 47%/30% split between unskilled and skilled employees, with … Continue reading
Tilting the odds; The week of bad taste
Slot machines, we’re constantly being told, just aren’t on with the younger generation. Weaned on video games, millennials want something more skill-based. Insert Coins owner Christopher LaPorte aims to give them what they want. For the unfamiliar, Insert Coins is … Continue reading
Posted in Downtown, Election, Marketing, Regulation, Sam Nazarian, Technology
2 Comments
Internet gaming: More light than heat; Fieri in your face
“We are absolutely shocked by the slowness of the market.” Those are the words of 888.com CEO Brian Mattingley, with regard to Internet gambling in New Jersey. How slow is it? So much that 888 is shifting ad dollars from … Continue reading
Full House’s busted flush; GLPI’s big play
In further evidence of saturation in the gaming industry (if more were needed), Full House Resorts wants to be released from a commitment to buy Fitzgerald’s Casino, in Tunica. Seems that Full House can’t find banks who’ll underwrite the deal. … Continue reading
Posted in Cannery Casino Resorts, Dan Gilbert, Detroit, Harrah's, LVCVA, Marketing, MGM Mirage, Mississippi, Penn National, Racinos, Wall Street
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Sin City Serenade; Empire State frenzy
It’s probably between Dallas and Las Vegas for the 2016 Republican convention. Quite a study in contrasts (except for the summer heat). Social-issues conservatives are coming out hard against Sin City, surprise, surprise. Never mind casinos: 64 pages of ads … Continue reading
Pinnacle, GLPI impress The Street; Parx beats Pennsylvania
Despite soft performance in its regional markets, Pinnacle Entertainment impressed an analyst or two by exceeding revenue expectations for the past quarter. Pinnacle’s cash flow was $3 million above Wall Street estimates, a feat attributed to fiscal discipline and improved … Continue reading
Posted in Ameristar, Greenwood Racing, Illinois, Louisiana, Marketing, Missouri, Penn National, Pennsylvania, Pinnacle Entertainment, Taxes, Wall Street
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Cosmo: The right amount of money; MGM learns Arabic
A camel is a horse designed by a committee, the saying goes, and The Cosmopolitan of Las Vegas resembles nothing so much as a camel — and Deutsche Bank executives are accused of dabbling in its design. If Bloomberg News‘ … Continue reading
NIMBY in Massachusetts; Hard Rock goes local
Anti-gambling forces in Massachusetts gained an ally yesterday when attorney general candidate Maura Healey (D) came out against casinos and for the repeal of their enabling legislation. This puts her at odds with Attorney General Martha Coakley (D), who holds … Continue reading
Posted in Election, Golden Gaming, Hard Rock Hotel, Iowa, Marketing, Massachusetts, Penn National, Politics, Slot routes, Station Casinos, Technology, Warner Gaming
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Paint them black; New ideas for Atlantic City
“Fortunately for police, the chips floated.” That was the undoing of casino cheat Vuong Q. Truong, who tried to hide the better part of $150,000 worth of forged casino chips at the bottom of a lake. No go. The ongoing Truong … Continue reading
Quote of the Day
“That slogan was the worst thing that ever happened to the front-line staff at casinos. Tourists think that everything is off the table. They think that they have free rein to drink until they’re falling down stupid and it’s OK … Continue reading
Posted in Marketing, Transportation
1 Comment
Adelson: Crassness and classiness; Could online poker flop?
Last weekend’s GOP kaffeeklatsch, hosted by Sheldon Adelson, was such a self-abasing lap dance by the celebrity attendees that this Andy Borowitz satire doesn’t feel like much of a stretch. That being said, Adelson is making his presence felt in … Continue reading
Posted in Charity, Internet gambling, Marketing, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, Tilman Fertitta
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O little metropolis of Bethlehem; MGM on the move
Indiscriminate dissemination by Sands Bethlehem of $45 free-play slot cards is having some interesting effects on Bethlehem itself. It’s brought about an influx of largely Chinese-American players but not all are there to play. Some pay $15 for a round-trip … Continue reading
Posted in Marketing, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Transportation
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Casino proposed for Albany; The smell of gambling
E23. That’s the provisional name for a casino complex that developer David Flaum has proposed for the Albany area, right on the New York State Thruway. The budget ($300 million-$400 million) is modest. Flaum is not. “This thing, frankly, is going … Continue reading
Posted in Environment, Laughlin, Marketing, Massachusetts, Mohegan Sun, New York, Ohio, Politics, Tribal
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More hitches in Massachusetts
Efforts by Wynn Resorts and Mohegan Sun to bring casinos to eastern Massachusetts could be in trouble. In another hitch to its elongated selection process, the Massachusetts Gaming Commission has agreed to consider whether to consider Boston a host community. … Continue reading
Meet Derek Stevens
Posted in Architecture, Derek Stevens, Downtown, Economy, Marketing
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The industry speaks, Part Two
Both Penn National Gaming and Pinnacle Entertainment have weighed in at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. Penn engaged in a three-bucket division of its casinos. “The first bucket comprises properties in markets where there has … Continue reading
Posted in Ameristar, Indiana, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Ohio, Penn National, Pinnacle Entertainment, Racinos, Tilman Fertitta, Wall Street, West Virginia
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