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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Marketing
Wasted … and the 77% solution
Not even the cachet of Carey Hart and occasional appearances by Pink were enough to keep Wasted Space going. The Hard Rock Hotel is calling it quits on the club, bumping it in favor of a race and sports book. … Continue reading
Gone baby, gone
“[T]he confidence that property prices and stock markets would permanently defy gravity” is a phrase that perfectly encapsulates how the casino industry got itself into its present pickle. In what other mindset could an industry convince itself that it could … Continue reading
Posted in Archon Corp., Atlantic City, Boyd Gaming, Cannery Casino Resorts, CityCenter, Colony Capital, Cosmopolitan, Current, Dining, Economy, Encore, Entertainment, Environment, Fontainebleau, Harrah's, history, Marketing, MGM Mirage, Regulation, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Wall Street
4 Comments
Bad quarters for MGM, Boyd
Undershooting Wall Street‘s expectations for 2Q10, MGM Resorts International missed analyst projections and also took a big-ass writedown on CityCenter (above) consigning $1.2 billion to the dustbin. Hotel occupancy was up from 85% to 93% overall (although RevPAR slipped a … Continue reading
Business is booming … overseas
At some point, Peking may decide that Macao is overheated but for the moment it’s simply red-hot. Revenues vaulted 70% last month, to the tune of $2 billion U.S. dollars (or $25,435,856,924 Zimbabwean), the second-best number in Macanese history. Wynn … Continue reading
The great Hilton showroom massacre (and other light news)
In true Colony Capital fashion, the Las Vegas Hilton continues to shed parts like a rattletrap car. Our LVA research team reports that Shimmer Cabaret fixtures Voices (“Starring the beautiful and talented Lani Misalucha“) and Sin City Bad Girls have … Continue reading
Posted in CityCenter, Colony Capital, Current, Donald Trump, Entertainment, Environment, Marketing, MGM Mirage, Riviera, Sheldon Adelson, The Strip, Tourism
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Atlantic City: Christie’s coup d’etat
Last week, I tried to work up a piece entitled, “Atlantic City, R.I.P.” After all, the Boardwalk had just come off a catastrophic June, impacted by table games in Delaware. Since table games were in process of sweeping Pennsylvania, from … Continue reading
Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Harrah's, history, Horseracing, International, Internet gambling, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Stanley Ho, Taxes, The Mob, Tourism
6 Comments
What’s that smell at Red Rock?
No, it’s not the ethical stench of the Station Casinos‘ LBO/bankruptcy/reorganization process. It’s the hazmat situation brought on by the careless handling of chemicals. Chlorine was pumped into an acid tank, causing respiratory irritation, a few hospitalizations — a no … Continue reading
Wynn Beantown?; Adelson likes it rough; “Chico Station,” etc.
“Two can play this game.” That’s the message coming from Steve Wynn. Since his former Philadelphia partners are now playing footsie with Harrah’s Entertainment, Wynn is turning his back on the City of Brotherly Love and shifting his gaze to … Continue reading
Posted in Ameristar, Boyd Gaming, Environment, George Maloof, Harrah's, Horseracing, Macau, Marketing, Massachusetts, Missouri, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Sports, Station Casinos, Steve Wynn, Technology, The Strip, Tribal, TV
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Sharron Angle, casino analyst
Reckless rhetoric. Last week, S&G called B.S. on senatorial aspirant Sharron Angle‘s faux solicitude for the unfinished casinos along the Strip. Turns out, if she had her way, there’d be at least one more: Aria, plus all the other components … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Donald Trump, Dubai, Economy, Election, Fontainebleau, Harrah's, Harry Reid, Marketing, MGM Mirage, Midnight Jim Gibbons, Phil Ruffin, Politics, Problem gambling, Regulation, Sheldon Adelson, Station Casinos, The Strip, Tourism, Transportation, TV
6 Comments
“Project Linq”
I’m not sure anybody but Gary Loveman could come up with such a preposterous handle as “Project Linq” (alas, not “Linc,” as in Clarence Williams III on the Mod Squad, although that would be pretty cool) for Harrah’s Entertainment‘s street … Continue reading
Posted in Archon Corp., Current, Economy, Election, Harrah's, Marketing, Massachusetts, Politics, Sports, Taxes, The Strip, Tourism, Wall Street, World Series of Poker
6 Comments
Cosmo: Blueprint for failure?
Geez, I’ve not been feeling pessimistic about the Dec. 15 debut of the Cosmopolitan … until somebody forwarded me a copy of a Bill Lerner analysis of the property. Now I’m worried. After walking the place, Lerner found it to … Continue reading
Posted in Architecture, CityCenter, Cosmopolitan, Current, Economy, Marketing, MGM Mirage, Planet Hollywood, The Strip, Wall Street
5 Comments
Brad Garrett: Enter at your own risk; Bargains & magnanimity
First, the good news. After going null for two with Paul Rodriguez (PR nightmare) and Wayne Newton (artistic disaster), the Tropicana Las Vegas appears to have swatted an 0-2 pitch into the bleachers. Brad Garrett‘s eponymous comedy club is a … Continue reading
Posted in Alex Yemenidjian, Architecture, Current, Detroit, Economy, Entertainment, Marketing, Movies, Regulation, Reno, The Strip, Tourism, Wayne F. Newton
1 Comment
Dick Cheney, casino headliner
It’s no joke. The ex-veep is part of a new entertainment regime at the Atlantic City Hilton. After nearly mismanaging the property into extinction, owner Colony Capital has given President Michael Frawley $20 million, which Frawley’s plowing into a new … Continue reading
Posted in Atlantic City, Colony Capital, Dining, Economy, Entertainment, Marketing, Politics
5 Comments
MGM Mirage jumps the shark
A foolish band of MGM Mirage shareholders did its best imitation of a herd of sheep and voted through management’s absolutely dreadful idea of renaming the company MGM Resorts International. So June 15 marks the date that the Mirage Resorts … Continue reading
Posted in Atlantic City, CityCenter, Colony Capital, Current, Detroit, International, Marketing, MGM Mirage, Steve Wynn
4 Comments
Cool breeze from Macao; Harrah’s panty raid stymied
One of Stanley Ho‘s lieutenants has scanned the 2010 horizon and doesn’t like what he sees. Sociedade de Jogos de Macau division president Frank McFadden believes VIP play will soften in 3Q-4Q10, as stock-market losses take their toll (a viewed … Continue reading
Sands Bethlehem breaks ground … again
No, that’s not a joke. Las Vegas Sands held a “grand re-groundbreaking” on the hotel portion of its white elephant, Sands Casino Resort Bethlehem. When money ran short, Sands ditched everything but the parking lot and casino, leaving the hotel … Continue reading
Posted in California, Current, Economy, Marketing, Pennsylvania, Sheldon Adelson, Singapore, Technology, Tribal, TV
1 Comment
What is “brand equity”?
Isle of Capri execs break it down for us in this newly released video. Of course, the specific components of “brand equity” at Wynn Resorts would be quite different, as they would at Harrah’s Entertainment, etc. Isle was one of … Continue reading
Posted in CityCenter, Current, Economy, Harrah's, Isle of Capri, Marketing, Missouri, Sheldon Adelson, Steve Wynn, The Strip
4 Comments
Look who’s getting into the pool-party scene
If you seek a casino pool on the Strip that’s relaxing, quiet and douchebag-free, my experience says, “Try the Riviera.” After all, “tranquil” and “Vegas” needn’t be oxymoronic. But Riv management’s out to change all that … OK, one doesn’t … Continue reading
Posted in Current, Entertainment, Marketing, Riviera, The Strip
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I stand corrected
Kudos to the reader who caught my boo-boo regarding casinos built over interstate highways: Regarding a U.S. casino sitting astride a highway, please note that John Ascuaga’s Nugget in Sparks (outside of Reno) sits astride Interstate 80. He went on … Continue reading
Posted in Harrah's, Marketing, Midnight Jim Gibbons, Missouri, Phil Ruffin, Pinnacle Entertainment, Politics, Reno, The Strip, Tourism, Transportation, Wall Street
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So much news …
… so little time. East Coast casinos are stepping up their Asian-American marketing … and people are complaining? Don’t do it and you’re culturally insensitive. Do it and you’re predatory. This is one of those perception battles casinos will never … Continue reading
