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Category Archives: North Las Vegas
The whales of January; Shrinking Hooters
Baccarat win on the Las Vegas Strip began the year heavy ($194 million) and dramatic, up 199% from 2011. The whales were back in force, dropping 163% more than the previous January, putting $1.6 billion in play. An early Chinese … Continue reading
Posted in Boulder Strip, Boyd Gaming, California, Current, Downtown, Economy, Entertainment, Hooters, Lake Tahoe, Laughlin, Movies, North Las Vegas, Reno, Tribal, Wall Street
2 Comments
Vegas’ December: Better than it looks?
If today’s numbers from the Nevada Gaming Control Board indicate that December was good for business — especially on the Las Vegas Strip (up 4% … 7% if you take baccarat out of the equation) — January ought to have … Continue reading
Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Lake Tahoe, Laughlin, Massachusetts, North Las Vegas, Reno, Rhode Island, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street
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When executives attack: The Quickening
OK, you’ve heard the sound bites, read the correspondence, seen the over-the-top tactics. Now Station Casinos and the Culinary Union have to make their case to a higher authority: Jon Ralston. (Historical footnote: When Ameristar Casinos bought Station out of … Continue reading
Posted in Ameristar, Archon Corp., Boulder Strip, Culinary Union, George Maloof, Missouri, North Las Vegas, Station Casinos, TV
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Belated Christmas presents, Part II
If the good news keeps raining down like this, I might have to start using the R-word … as in “recovery.” In November, Nevada‘s $880 million gross was good for a 7% upsurge. The Las Vegas Strip beat the statewide … Continue reading
More treat than trick
October’s revenue figures for Nevada emerged today and it was a good month statewide ($961 million, +8%) and a great one for the Las Vegas Strip ($560.5 million, +13%). Mind you, October 1 was a Saturday, meaning that some Sept. … Continue reading
Posted in Boulder Strip, Current, Downtown, Economy, Lake Tahoe, Laughlin, Mesquite, North Las Vegas, Pinnacle Entertainment, Reno, Tamares Group, The Strip, Tourism
1 Comment
Aliante Station changes hands but little else; Amigo Adelson
Aliante Station is now formally the property of Texas Pacific Group, Standard General and Apollo Management. Two of those funds also own Caesars Entertainment, which might create some interesting “Chinese wall” situations. (Can’t have trade secrets passing back and forth, … Continue reading
Posted in Boyd Gaming, Colorado, Current, Economy, Entertainment, Environment, Harrah's, International, North Las Vegas, Regulation, Sheldon Adelson, Station Casinos, Taxes
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Blast from the past
Thanks go out to reader Greg Askins for putting me onto this evocative TWA travel poster from 1965. Some of you might get a kick out of going back to a time when Yr. Humble Blogger was in short pants … Continue reading
Posted in Arizona, history, Marketing, North Las Vegas, Station Casinos, Tourism, Transportation
1 Comment
It was a dark and stormy night …
… when monsoon season arrived in Las Vegas on July 3, borne upon thunderstorms of exceptional. Caesars Palace had a fireworks display scheduled that evening and, at the appointed time, seemed to have nothing but a damp squib. However … … Continue reading
Posted in Boulder Strip, Entertainment, Harrah's, North Las Vegas, Station Casinos, The Strip, Tourism
5 Comments
Coming (not so) soon: Wynn Singapore?!?!
Steve Wynn‘s next big project won’t be in Japan … or Philadelphia … or Boston. According to the tycoon, his “next goal in life” will be to open a Singapore megaresort. Yeah, the same Singapore out of which Wynn bailed … Continue reading
Sands: Pump up the volume; Nevada’s new casino tax; Cannery’s secret weapon
As in “VIP volume.” That’s what Las Vegas Sands has to do in order to monetize some of its Macao assets, according to a J.P. Morgan report that appeared this morning. In the course of meeting with Sands honchos, Joseph … Continue reading
Young Turks at Lady Luck; Pokergeddon clips bill’s wings
Seth Schorr, son of Wynn Resorts COO Marc Schorr, has charged with the responsibility of bringing the Lady Luck Casino Hotel back from the dead. Schorr fils got started in the industry early (age 12, to be precise), spending his … Continue reading
Posted in Current, Downtown, Economy, Entertainment, Internet gambling, Laughlin, North Las Vegas, Politics, Regulation, Steve Wynn, The Strip
5 Comments
R.I.P., House of Lords; Boyd’s best asset; Poll party
My missus and I were going to make a farewell visit to the Sahara‘s charming fine-dining spot on Sunday. However, our reservation has been canceled because House of Lords will be closing a day early. The reason? They’re running out … Continue reading
Goett … Goett … gone
In addition to his core site of 100 acres across from M Resort, would-be Olympia Gaming mogul Gary Goett is also shopping around an additional 260 gaming-enabled acres directly to the north. Goett’s asking price? A cool million an acre, … Continue reading
Austerity, MGM style; Only in Nevada
Despite a decidedly underwhelming financial performance in 2009, MGM Resorts International CEO Jim Murren managed to take home $13.75 million in overall compensation. Last year, he had to make ends meet on $9.8 million. Snarkiness aside, this actually shows that … Continue reading
Florida rejects Adelson; Mixed signals from Cosmo; Station’s quixotic quest
It’s all over — until 2012, anyway — for Sheldon Adelson‘s heavy-handed push to ram a set of “destination resorts” through the Florida Legislature. A poison-pill amendment, attached at the behest of parimutuels, would let existing slot houses go to … Continue reading
Posted in Boulder Strip, CityCenter, Cosmopolitan, Current, Economy, Entertainment, Florida, International, Macau, North Las Vegas, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal, Wall Street
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Packer packs it in; Lights out at Resorts A.C.
James Packer‘s had enough of the U.S. casino market. While not definitively ruling out a return to the American gaming industry, the minority owner of Cannery Casino Resorts makes it clear that he’s neither the stomach nor the lucre for … Continue reading
Station, Greenspuns part company
For quite a while the relationship between Station Casinos and Greenspun Corp. has been in the “Can This Marriage Be Saved?” category, as the two bickered over the ownership and management of their casino joint ventures. Today they’re Splitsville and … Continue reading
Vegas in January: Dazed and confusing
It’s not as though there aren’t signs of hope for the Nevada economy. And even as empty storefronts continue to proliferate and housing prices tank in Las Vegas, there’s a “green shoot” or two, if you look for them. The … Continue reading
Posted in Boulder Strip, Cosmopolitan, Current, Downtown, Economy, history, IGT, Lake Tahoe, North Las Vegas, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism, Transportation, Wall Street
3 Comments