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Category Archives: Marketing
Good and bad ideas in marketing; Small is beautiful, Vegas
Break out a flagon of whatever Derek Stevens is drinking and put it on my tab, lads. To commemorate the first leg of the Triple Crown, he’s holding a May 3-4 Sigma Derby tournament. Buy-in starts at $50, so starting … Continue reading
Quote of the Day
“Like the travel industry, gaming is a complex industry.” — newly elected American Gaming Association President Geoff Freeman, making the understatement of the year. Only 38 and with 16 years in the travel industry already behind him, Freeman (pictured) is … Continue reading
Goodbye Western, hello SLS … ?
Sometimes it’s better to be lucky than right: When Tamares Group made an indiscriminate splurge on downtown Las Vegas real estate in 2004, it was banking on a construction boom that never took place. It also found itself with several … Continue reading
Posted in CityCenter, Current, Dining, Downtown, Economy, M Resort, Marketing, Maryland, Ohio, Penn National, Sahara, Sam Nazarian, Steve Wynn, Tamares Group, The Strip, Wall Street
1 Comment
Exit Drai’s, enter Gansevoort
Although East Coast-based Gansevoort Hotel Group isn’t a household name around Las Vegas, it soon could be, if a planned collaboration with Caesars Entertainment comes to fruition. The latter had briefly planned to re-do Bill’s Gamblin’ Hall & Saloon as … Continue reading
Posted in Architecture, Current, Entertainment, Harrah's, history, Marketing, Michael Gaughan
1 Comment
“Someone needs to burn this place to the ground”
It seems potentially very funny … but isn’t Bradley Cooper getting rather dark and tragic for this sort of thing? He looks like a Quentin Tarantino protagonist who’s been parachuted into a Disney picture.
North Strip: SLS yes, F-blew no, Riviera maybe
S&G contributor JeffInOKC returns from a too-long absence with some thoughts on one of our favorite topics, the North Strip … It is common for us to hear the term “Too Big to Fail,” but I think the true story … Continue reading
Posted in Architecture, Boyd Gaming, CityCenter, Cosmopolitan, Current, Fontainebleau, Marketing, MGM Mirage, Riviera, Sahara, Sam Nazarian, Steve Wynn, The Strip, Tourism
4 Comments
Revel goes bust
In the most inevitable headline of 2013, Revel has — brace yourselves — filed for bankruptcy. It will become the latest in a long string of casinos that are owned and run by banks: Two-thirds of outstanding debt will be … Continue reading
Posted in Atlantic City, Cosmopolitan, Current, Dining, Economy, Entertainment, Marketing, Revel, Wall Street
6 Comments
Case Bets: Binion’s redux; Dr. Doom; Everybody goes to Caesars
Today’s top story is the rumor, first aired on LasVegasAdvisor.com that Binion’s Gambling Hall & Hotel will close in July, lock, stock and million-dollar display. This dovetails with an earlier report that a detailed makeover is in the works. So … Continue reading
Posted in Architecture, Atlantic City, California, Dan Gilbert, Derek Stevens, Dining, Downtown, Economy, Harrah's, Illinois, Indiana, Internet gambling, Marketing, Massachusetts, Ohio, Oscar Goodman, Palms, Penn National, Pennsylvania, Problem gambling, Racinos, Slot routes, Taxes, Technology, Terry Caudill, The Strip, Tilman Fertitta, Tribal
3 Comments
December in Vegas: The house won; Sheldon of La Mancha
There are gambling markets … and then there’s Las Vegas. Players opened their wallets — oh, did they ever — and lost big. Casino winnings on the Las Vegas Strip were up 13.5% and Nevada casinos overall did 10% better … Continue reading
Christie: Oops, he did it again; Maryland: Take my casino, please
New Jersey Gov. Chris Christie (R) loves to veto Internet gambling bills so much that he’s just done it for a second time. There was incremental progress: In punting the ball to the Legislature’s one-yard line, Christie endorsed the idea … Continue reading
Posted in Atlantic City, Current, Economy, Goldman Sachs, Harrah's, Internet gambling, Marketing, Maryland, Massachusetts, Penn National, Politics, Regulation, Steve Wynn, Taxes, The Strip, Tribal
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Santarelli bails on SGMS; Blasts from the recent past
Scientific Games has lost the faith of Deutsche Bank‘s Carlo Santarelli. The analyst put out a “sell” recommendation this morning on SGMS stock, issuing a new target price of $6/share, down from $7. (Scientific was trading at $9.49 at the … Continue reading
Posted in Columbia Sussex, Current, Economy, Harrah's, Marketing, Scientific Games, The Strip, Wall Street, WMS Industries
1 Comment
Panic time at Caesars; Penn’s Ohio strategy a botch; Where in the world is Robert Earl?
It may have taken time for Gary Loveman‘s chickens to come home to roost but they’re doing it by the flockful. To raise cash, pronto, Caesars Entertainment — which hasn’t turned a profit in over three years — has piled … Continue reading
Best Casino Ad Ever (Not!); Another Pinnacle boo-boo
If you live in the greater Las Vegas metropolitan area, you’ve probably had a stiff dose of this ad, which is in heavy rotation during the morning news shows. I don’t know whether to be impressed that a grind joint … Continue reading
Posted in Boulder Strip, Entertainment, Marketing, Pinnacle Entertainment, TV
1 Comment
Penn lowers sights; Sands’ $3 billion quarter
Penn National Gaming trimmed its 2013 revenue projections today by 3% — not surprising, given the “headwinds” represented by recent tax changes that will eat into Americans’ discretionary income. Sluggish early slot performance in the Columbus and Toledo markets was … Continue reading
Posted in Current, Economy, Election, Marketing, Maryland, Ohio, Penn National, Pennsylvania, Sheldon Adelson, Singapore, The Strip, Wall Street
1 Comment
Et tu, Dan?
Seems there’s no honor among business partners: While lugging Caesars Entertainment on his back from Cleveland to Cincinnati and thence to Baltimore, mogul Dan Gilbert had a side deal of his own going. He’s buying a majority stake in Greektown … Continue reading
Posted in Current, Dan Gilbert, Detroit, Harrah's, International, Marketing, Ohio
3 Comments
MGM Cotai clears final barrier; devil in the Maryland details
Although the government of Macao enjoys nothing better than to make casino owners wait and fidget for their land leases to be “gazetted,” today is MGM Resorts International‘s lucky day. MGM China received final approval for its Cotai Strip megaresort. … Continue reading
Posted in Boyd Gaming, California, Current, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Tourism, Transportation, Tribal, TV, Wall Street
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Revel: Slow learning curve ahead; Sheldon spanked in Singapore
By the time Revel CEO Kevin DeSanctis realizes he’s made a mistake, he’s almost always past the point of no return. Although it is my deeply rooted opinion that smoking is a noxious, disgusting habit that invades other people’s space, … Continue reading
Posted in Atlantic City, Cordish Co., Current, Economy, Environment, Genting, International, Maine, Marketing, Maryland, Penn National, Problem gambling, Racinos, Regulation, Revel, Sheldon Adelson, Singapore, Wall Street
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Sorry, Ralph Lamb; Twain spoofed at IP
Las Vegas‘ most famous sheriff (mythologized weekly by Dennis Quaid on Vegas) was the victim of this, er, unfortunate Los Angeles Times gaffe … … which The Atlantic has selected as one of the best typos of 2012. I’ve had … Continue reading
Coming, going, gone …
This just in … One weekend of performances of Peepshow was all that Mrs. Ice-T managed to do before fleeing back to New York City, at least temporarily, according to an S&G source. So if you’ve got Peepshow tickets this … Continue reading
Posted in Current, Downtown, Economy, Entertainment, Harrah's, Marketing, Sheldon Adelson, Tamares Group, The Strip, Tilman Fertitta, Tourism
7 Comments
B (Dis)Connected
After months upon months of unilateral disarmament, Boyd Gaming has decided to fight back against Station Casinos‘ hugely successful “We Love Locals” TV campaign. (We could discuss why Station felt the need to reassure Las Vegans that it liked them, … Continue reading
Posted in Boyd Gaming, Current, Marketing, Station Casinos, TV
4 Comments
