Category Archives: MGM Mirage

"Fixations"

No, Guy Laliberté is not prancing around our offices in cap and bells, reducing staffers to helpless laughter with declarations of, "Criss Angel is not a magician … he is an artist!" Instead, cyber-gremblins have rendered our Web operations FUBAR … Continue reading

Posted in Cirque du Soleil, Donald Trump, Entertainment, Macau, MGM Mirage, Technology | Comments Off on "Fixations"

Solving the Pansy Problem

Amidst today's crush of news, I forgot at least one other potential solution to l'affaire Pansy. Perhaps MGM Mirage can have its cake and eat it as well, by taking a page from Sheldon Adelson's playbook. It'd be a transparent … Continue reading

Posted in Atlantic City, Columbia Sussex, MGM Mirage, Politics, Regulation, Sheldon Adelson, Stanley Ho | Comments Off on Solving the Pansy Problem

The MGM/Pansy Ho verdict: It's in and it's bad

After nearly four years of investigation, the New Jersey Division of Gaming Enforcement has released its long-awaited “suitability” findings on MGM Mirage joint-venture partner Pansy Ho. As MGM itself reported to the SEC yesterday, “While the report itself is confidential, … Continue reading

Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Cosmopolitan, Current, Fontainebleau, Harrah's, Macau, MGM Mirage, Planet Hollywood, Regulation, Stanley Ho, The Strip, Tropicana Entertainment, Wall Street | Comments Off on The MGM/Pansy Ho verdict: It's in and it's bad

"Peepshow" buys a clue

"Peepshow" prime donne Kelly Monaco & Mel. B By now it's old news that Planet Hollywood's new resident spectacle, Peepshow, has gone topless for real. Though some question the move, to me it always seemed retrogressive and counter-intuitive to present … Continue reading

Posted in Cirque du Soleil, Entertainment, Harrah's, MGM Mirage, Planet Hollywood, Riviera, The Strip | Comments Off on "Peepshow" buys a clue

(Slots A) Fun Fact

I've just read that the 2008 cash flow for Slots A Fun, the crown jewel of what used to be Circus Circus Enterprises, was $2.8 million. Which means that current owner MGM Mirage could justify a sale price of $22.5 … Continue reading

Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Colony Capital, Don Barden, Marketing, MGM Mirage, Penn National, Politics, The Strip, Transportation, TV | Comments Off on (Slots A) Fun Fact

Anybody seen my Cirque?

Last night’s media performance of The Lion King, unlike most Vegas media events, drew much of the local “A” list. KNPR-FM’s Dave Berns was there, as was man-of-all-media Steve Friess, along with large contingents from Fox 5 and Stephens Media, … Continue reading

Posted in Cirque du Soleil, Entertainment, MGM Mirage, The Strip | Comments Off on Anybody seen my Cirque?

Perp Show

If you're bald, weight 285 lbs. and have one arm in a cast, you're not exactly inconspicuous. So how was it that that such a hefty man was to infiltrate a VIP area of Planet Hollywood and bust into Peepshow … Continue reading

Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Colony Capital, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Harrah's, MGM Mirage, Planet Hollywood, Politics, Regulation, Taxes, The Strip, Tropicana Entertainment | Comments Off on Perp Show

F'blown?

Ownership at Fontainebleau is alleging heinous doings by Deutsche Bank to subvert F'bleau (which gives every indication of being destined to fail without external assistance). Supposedly, Deutsche Bank was confabulating with a consortium of 10 other banks to shove F'bleau … Continue reading

Posted in Cosmopolitan, Economy, Fontainebleau, MGM Mirage, The Strip, Wall Street | Comments Off on F'blown?

F'blown?

Ownership at Fontainebleau is alleging heinous doings by Deutsche Bank to subvert F'bleau (which gives every indication of being destined to fail without external assistance). Supposedly, Deutsche Bank was confabulating with a consortium of 10 other banks to shove F'bleau … Continue reading

Posted in Cosmopolitan, Economy, Fontainebleau, MGM Mirage, The Strip, Wall Street | Comments Off on F'blown?

Case Bets: Caesars, Criss Angel, Lance Burton, Earl & Lani and Trent

Seen last night by an S&G source, Pit One at Caesars Palace empty save for one or two baccarat players. It’s just a small indicator of a larger disconnect that I hope to address later. PR flack Robin Leach has … Continue reading

Posted in Cirque du Soleil, Colony Capital, Current, Economy, Encore, Entertainment, Harrah's, MGM Mirage, Planet Hollywood, Steve Wynn, The Strip, Tropicana Entertainment | Comments Off on Case Bets: Caesars, Criss Angel, Lance Burton, Earl & Lani and Trent

Murren talks smack re: Wynn, Schaeffer

"No one has proven, by the way, that they can operate properties better than us, so …uh … and there's a mountain of information to show that we operate properties better than anybody. Everything that we've acquired is making more … Continue reading

Posted in Detroit, Macau, MGM Mirage, Steve Wynn, The Strip | Comments Off on Murren talks smack re: Wynn, Schaeffer

Case Bets: Isle exits U.K.; no room at the Trop; Carlino channels Astaire, etc.

Isle of Capri Casinos is coming up for air, literally extricating itself from underneath Ricoh Stadium in Coventry, U.K. As part of CEO James Perry‘s attempt to refocus a company that spread itself too thin under his predecessor, he’s walking … Continue reading

Posted in Atlantic City, California, Colony Capital, Columbia Sussex, Current, Detroit, Economy, Florida, Goldman Sachs, Illinois, International, Isle of Capri, MGM Mirage, Penn National, Regulation, The Strip, Tropicana Entertainment, Wall Street | Comments Off on Case Bets: Isle exits U.K.; no room at the Trop; Carlino channels Astaire, etc.

Pinnacle: the untold story

Is waxing and buffing the Pinnacle Entertainment limo a prerequisite for scoring an interview with its CEO? This small masterpiece of selective omission is more interesting for what it elides than what it says. The article parrots Dan Lee as … Continue reading

Posted in Alex Yemenidjian, Ameristar, Atlantic City, Carl Icahn, Columbia Sussex, Entertainment, Harrah's, Illinois, Louisiana, MGM Mirage, Missouri, Pinnacle Entertainment, The Strip, Tropicana Entertainment | Comments Off on Pinnacle: the untold story

Icahn vs. Kerkorian III

Former Stratosphere owner Carl Icahn says it's nothing personal, just business. This is reposted here because, among other reasons, the version embedded by the Las Vegas Review-Journal plays only in an extremely constipated manner. Here's hoping we do better.Best moment: … Continue reading

Posted in Carl Icahn, MGM Mirage, Wall Street | Comments Off on Icahn vs. Kerkorian III

Quote of the Day

"I have to recognize someone special here in the house. Perez Hilton, please stand up. We have the world's biggest douchebag asshole in the house!" — MGM Mirage poster boy Criss Angel, at the end of last Friday's Believe, enraged … Continue reading

Posted in Cirque du Soleil, Current, Entertainment, MGM Mirage, The Strip | Comments Off on Quote of the Day

Exit, pursued by a bear market

Aside from the occasional murmur by Wynn Las Vegas prexy Andrew Pascal, executives at Wynn Resorts keep a low (read: invisible) profile. Even the most assiduous follower of the casino industry would have trouble naming Wynn’s CFO off the cuff. … Continue reading

Posted in Atlantic City, Boyd Gaming, Economy, Encore, Harrah's, IGT, Illinois, Macau, MGM Mirage, Pinnacle Entertainment, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | Comments Off on Exit, pursued by a bear market

Icahn vs. Kerkorian II; Ho hearts Adelson

Yesterday saw some intemperate spluttering in newspaper comment threads, along the lines “How dare the Wall Street Journal report the news? It might damage stock prices!” (One hothead even bruited the possibility of a libel suit.) All of which was … Continue reading

Posted in Carl Icahn, Economy, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | Comments Off on Icahn vs. Kerkorian II; Ho hearts Adelson

Icahn vs. Kerkorian

According to a brief item in the Wall Street Journal, former Stratosphere owner Carl Icahn and investment fund Oaktree Capital Management are putting the squeeze on MGM Mirage and its majority shareholder Kirk Kerkorian. Quoth the WSJ, Icahn and Oaktree … Continue reading

Posted in Carl Icahn, MGM Mirage, Wall Street | Comments Off on Icahn vs. Kerkorian

Garber to Harrah's? Apparently not

So is former PartyGaming PLC supremo Mitch Garber going to Harrah’s Entertainment or isn’t he? As of yesterday, it appears that the company is denyinga London Times report that it had signed Garber to head up a conglomeration of its … Continue reading

Posted in Colony Capital, Harrah's, International, Internet gambling, MGM Mirage, Regulation, The Strip, World Series of Poker | Comments Off on Garber to Harrah's? Apparently not

Case Bets: Seminoles, Iverson, Harrah's, PartyGaming, Station's luck, etc.

Down in Florida, the tide may be turning in favor of the Seminole Tribe. Both the Florida Retail Federation and Restaurant Lodging Association have thrown their support behind the status quo, as represented by Gov. Charlie Crist‘s Class III casino … Continue reading

Posted in Boyd Gaming, Colony Capital, Detroit, Don Barden, Florida, Harrah's, Horseracing, Internet gambling, Maryland, MGM Mirage, Pennsylvania, Politics, Regulation, Reno, Sports, Station Casinos, Tribal, Wall Street | Comments Off on Case Bets: Seminoles, Iverson, Harrah's, PartyGaming, Station's luck, etc.