Category Archives: MGM Mirage

All things …

… come to and end, good, bad or indifferent. I do not speak ill of MGM Resorts International‘s marquee for New York-New York, but 16 years was deemed enough, as MGM reconceptualizes NY-NY’s Strip frontage. Young Electric Sign Co. will … Continue reading

Posted in Architecture, Current, history, MGM Mirage, The Strip | 1 Comment

A Murren moment

“I don’t think people are going to stay home in their bunny slippers and play video instead of coming to Bellagio.” You have to like Jim Murren‘s refreshing lack of pretension. I’m taking a wait-and-see attitude on the project onrush … Continue reading

Posted in Economy, Internet gambling, Japan, Macau, MGM Mirage, Singapore, The Strip, Tourism | Comments Off on A Murren moment

Not your father’s AGA; Harmon’s end

American Gaming Association President Geoff Freeman continues to show that change is the new order of the day. This morning brings news of five new lobbyists, most of them new to the gaming industry, presaging a big push on a … Continue reading

Posted in Massachusetts, MGM Mirage, Politics, The Strip, Tribal | Comments Off on Not your father’s AGA; Harmon’s end

Macao rules

Today’s big story is pretty obvious: The 19% year-over-year revenue growth of Macao, which posted $45 billion in gross gaming dollars. (2012’s increase was similarly dramatic.) Analysts offer a somewhat cloudy picture for next year. No, there will be no … Continue reading

Posted in Economy, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off on Macao rules

Test time in Massachusetts; Penn, PokerStars fight over scraps

Move over, Tolstoy: MGM Resorts International has submitted its formal application for a Massachusetts casino … and it’s 7,000 pages long. The Massachusetts Gaming Commission had better clear its calendar. But that’s nothing compared to 16,034-page Mohegan Tribal Gaming Authority … Continue reading

Posted in Atlantic City, CityCenter, Colony Capital, Hard Rock International, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Steve Wynn, Tropicana Entertainment | Comments Off on Test time in Massachusetts; Penn, PokerStars fight over scraps

Nevada finishing year strong; Christie’s choler

With a little help from one extra weekend day, Nevada gross gaming revenues shot upward 12% statewide in November and 23% on the Strip. Baccarat players lost their shirts, with the house winning 94% more than the previous year. Less … Continue reading

Posted in Atlantic City, Boulder Strip, Cordish Co., Current, Downtown, Economy, Harrah's, Laughlin, Maryland, Massachusetts, MGM Mirage, North Las Vegas, Penn National, Regulation, Reno, Steve Wynn, The Strip, Tilman Fertitta, Trump Entertainment Resorts | 2 Comments

Britney: It sucks, bitch

A ways back, when Gary Loveman was all Q-crazy, I pointed out that the letter ‘X’ also carries a high Scrabble value. Little did I suspect that the Aladdin Theater for the Performing Arts would become “the AXIS.” Programming will … Continue reading

Posted in Architecture, Cosmopolitan, Entertainment, Harrah's, MGM Mirage, The Strip | 1 Comment

Optimism in Boston; Sands is #1

What are the chances that Suffolk Downs could become the most profitable casino in the Western Hemisphere? Not good, you’d think, but Mohegan Tribal Gaming Authority is willing to bet on it. If annual revenue reaches $1 billion, then Revere … Continue reading

Posted in Bally Technologies, Churchill Hill, Massachusetts, MGM Mirage, Mohegan Sun, New York, Reno, Sheldon Adelson, Steve Wynn, Taxes, Wall Street | Comments Off on Optimism in Boston; Sands is #1

And it’s … MGM again

Add Massachusetts to the roster of states where MGM Resorts International has been approved to operate. It received the unanimous assent of the Massachusetts Gaming Commission earlier today. “The Commission … finds that the Applicant has satisfied its burden of … Continue reading

Posted in Current, Election, Greenwood Racing, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation, Steve Wynn, Uncategorized | Comments Off on And it’s … MGM again

Quote of the Day

“This can be the most commercially successful resort outside of Las Vegas, from a profit standpoint.” — MGM Resorts International CEO James Murren, on the company’s winning bid at National Harbor, on the doorstep of Washington, D.C.

Posted in Economy, Maryland, MGM Mirage | Comments Off on Quote of the Day

Revel to be sold?; Ryan weighs in on Menominee

Color me stupid but I figured that, with a new marketing team in place, to say nothing of a new CEO, Revel Resort was going to stay its new course awhile. Turns out the property was dickering with prospective buyers … Continue reading

Posted in Atlantic City, Current, Hard Rock International, Maryland, MGM Mirage, New York, Politics, Racinos, Revel, Tribal, Wisconsin | 2 Comments

And it’s … MGM

This news is so hot off the wires Howard Stutz has only had time to tweet it but Prince George’s County has chosen MGM Resorts International for its new casino license. Pleas by Greenwood Racing for an extension had been … Continue reading

Posted in Current, Greenwood Racing, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation | 2 Comments

Poster cuts his losses; Showdown in Lansing

Gaming executive Tim Poster has bounced hither and yon, and now he’s asking to be bounced to the outer fringes of the casino industry. His attorneys will not be challenging the Nevada Gaming Control Board‘s finding of unsuitability and will … Continue reading

Posted in Charity, Internet gambling, Maryland, MGM Mirage, Mohegan Sun, Regulation, Station Casinos, Steve Wynn, Tribal | Comments Off on Poster cuts his losses; Showdown in Lansing

Genting, Steve Wynn & so much more

Genting Group has narrowed its price target for finishing Resorts World Vegas. It will spend between $3 billion and $4 billion to complete the project (for which it has already paid $350 million for land). For a post-recession Vegas that’s … Continue reading

Posted in CityCenter, Colorado, Current, Dubai, Economy, Florida, Fontainebleau, Foxwoods, Genting, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip | 2 Comments

Bad news for Adelson; Wynn OK’d

I don’t know if Sheldon Adelson deserves the credit, but it looks like his anti-Internet-casino jihad has driven Big Gaming closer together. Wynn Resorts and Station Casinos and Churchill Downs have all joined the American Gaming Association. AGA prexy Geoff … Continue reading

Posted in Atlantic City, Colony Capital, Geoff Freeman, International, Internet gambling, Massachusetts, MGM Mirage, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn | Comments Off on Bad news for Adelson; Wynn OK’d

The case against Crosby

As expected, the Massachusetts Gaming Commission fired off a broadside against Caesars Entertainment. It defended its Investigations & Enforcement Bureau as “comprised of seasoned investigators, [who act] independently to protect the public interest.” That’s partly a defense of the IEB … Continue reading

Posted in Election, Florida, Foxwoods, Harrah's, Massachusetts, MGM Mirage, Regulation, Steve Wynn, Tribal | 1 Comment

Hasta la vista, EuroVegas

His demands having been rejected by the Spanish government, Sheldon Adelson has renounced EuroVegas, his $30 billion grand folly of 12 hotels, six casinos and 18,000 slots in Spain. Considering his hard-nosed stance that the company only concentrate on projects … Continue reading

Posted in Greenwood Racing, International, Japan, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Sheldon Adelson, Wall Street | Comments Off on Hasta la vista, EuroVegas

Sioux City mess

Hard Rock International and Sioux City Entertainment find themselves in a pickle not of their own making in Iowa. Due to a rupture between Penn National Gaming and nonprofit Missouri River Historical Development, holder of the casino license, Penn found itself … Continue reading

Posted in Detroit, Hard Rock International, Harrah's, Iowa, MGM Mirage, Ohio, Penn National, Racinos, Regulation, Technology, Tribal | Comments Off on Sioux City mess

Ohio: Half-full or half-empty?; MGM lauded

Whether Ohio‘s casinos are succeeding or disappointing depends on how the question is framed. Are they delivering what the state (and casino companies) promised or are they financial slackers? Penn National Gaming‘s Hollywood Casino Columbus is somewhat of both, down … Continue reading

Posted in Economy, Harrah's, MGM Mirage, MTR Gaming, Ohio, Penn National, Racinos, Taxes | Comments Off on Ohio: Half-full or half-empty?; MGM lauded

MGM: Crossing fingers and hoping; Bloodbath in Indiana

After several ups and downs, MGM Resorts International finds itself justthisclose to a casino in Springfield, Massachusetts. The state’s equivalent of the Nevada Gaming Control Board urged a finding of suitability. Whether the circumspect Massachusetts Gaming Commission agrees hangs upon … Continue reading

Posted in Affinity Gaming, Atlantic City, Harrah's, Macau, Massachusetts, MGM Mirage, Ohio, Pansy Ho, Penn National, Pinnacle Entertainment, Racinos, Regulation, Technology | Comments Off on MGM: Crossing fingers and hoping; Bloodbath in Indiana