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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: North Las Vegas
“Ugly” month on the Strip
That’s the word that normally temperate J.P. Morgan analyst Joseph Greff employedd to describe a July in with Las Vegas Strip winnings fell 14% (as opposed to 8% statewide; others had a different perspective). And since the month began and … Continue reading
Posted in Current, Downtown, Economy, Lake Tahoe, Laughlin, North Las Vegas, Reno, The Strip
1 Comment
Case Bets: Walker’s wager; “e” on the QT; Blue no more
One of the nation’s largest tribal casinos, Potowatomi Bingo, in Milwaukee, has been caught by the economic malaise that is dogging so many of the nation’s casinos. Although Potowatomi defied the Great Recession, peaking in 2009 and rebounding after a … Continue reading
Posted in Boulder Strip, Cosmopolitan, Dining, Downtown, Economy, North Las Vegas, Politics, The Strip, Tribal
2 Comments
LV in June: The house lost big-time
Despite only a minor dip in visitation, Las Vegas casinos got hammered in June. Players kept their wallets shut and the cards weren’t turning in the house’s favor. The amount of money played on the Las Vegas Strip was off … Continue reading
Posted in Boyd Gaming, Current, Downtown, Economy, Lake Tahoe, Laughlin, North Las Vegas, Reno, The Strip, Tourism, Wall Street
2 Comments
Gold strike in Maryland; Ghost train; ‘Sell’ order on Sands; Wynn cleared
That elastic band which is American consumers’ gambling budget may have tightened in Illinois and gone slack in Ohio, but it’s expanding nicely in Maryland, now that table games are part of the mix. Sayeth the Maryland Lottery, revenues for … Continue reading
Posted in California, Cordish Co., Current, Economy, Macau, Maryland, Massachusetts, North Las Vegas, Penn National, Pennsylvania, Sheldon Adelson, Steve Wynn, Tourism, Transportation, Wall Street
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Nevada: The recovery continues; Elsewhere: Not so much
After a boffo February, the Silver State also posted extraordinary numbers in March. As Deutsche Bank headlined its report, “Different Month, Same Tune.” Analyst Carlo Santarelli cautioned, “we believe the underlying trends are not as strong as the headline would … Continue reading
Posted in Ameristar, Atlantic City, Boulder Strip, Boyd Gaming, Colony Capital, Current, Dan Lee, Donald Trump, Downtown, Economy, Harrah's, Illinois, Iowa, Isle of Capri, Kansas, Lake Tahoe, Laughlin, Marketing, Missouri, North Las Vegas, Penn National, Pinnacle Entertainment, Reno, Revel, The Strip, Tourism, Wall Street
2 Comments
Goett with the wind
Since Colliers International hasn’t been able to move Gary Goett‘s 100 gaming-enabled acres on St. Rose Parkway and I-15, at $1.25 million per acre, he’s still got time to rethink his decision not to build his Southern Highlands megaresort (left), … Continue reading
Posted in Architecture, Boyd Gaming, Gary Goett, M Resort, Michael Gaughan, North Las Vegas, Penn National, Station Casinos, Steve Wynn
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Revel: It was all downhill from here
Yeah, Beyoncé is a hard act to follow but who knew that Revel would fall so far, so fast? So enjoy this brief moment when things looked so very promising* … in the meantime, I’m running down leads on some … Continue reading
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
November in Vegas: The house lost; Players jilt Caesars in A.C.
There’s no other way of saying it (although many are trying). Strip casinos got their clocks cleaned in November as Lady Luck favored the punters, not the house. A 13% dropoff on the Strip was driven by a perfect storm … Continue reading
“Soul” too soulless?; The Sunshine Boys
One weekend down, nine to go. Bear that in mind if you simply must see Faith Hill and Tim McGraw play The Venetian. The clock’s a tickin’. Since my knowledge of the McGraw-Hill oeuvre (separately and together) consists of the … Continue reading
Un-Lucky by any name; Shame on Trump Entertainment
Since there is no problem in today’s America too trivial to be resolved with gunplay, let the record show that 31-year-old Kevin Jones Jr. was mortally wounded at the Lucky Club Casino early this morning. Jones was pronounced dead at … Continue reading
Posted in Atlantic City, Current, Donald Trump, Economy, Environment, MTR Gaming, North Las Vegas, Regulation, Steve Wynn
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Where’s Sheldo?; Stiffed by Aliante?
That’s the question posed today by Esquire‘s Jason Whited, who tries to find the Blofeld-like mastermind. “Anyplace other than Las Vegas,” seems to be the answer. “Political types here and across the country speak of him in almost hushed tones,” … Continue reading
Posted in Current, Election, Marketing, North Las Vegas, Sheldon Adelson, Station Casinos, Steve Wynn
6 Comments
Aliante: Alone again, naturally
After a year as a management-only company, Station Casinos is departing the soon-to-be-former (effective Nov. 1) Aliante Station and taking its brand with it. To celebrate the occasion, Virgen Inc. PR firm busted out every font in its computer (really, … Continue reading
Nevada disappoints but Atlantic City bombs
If there’s a saving grace to August’s rather glum Nevada gambling win (-3%), it’s that the month ended on a Friday, so there may be some as-yet-unreported slot revenue that will fluff the September results. (That optimism must be offset, … Continue reading
Black man frightens Steve Wynn, Part Two; MGM: Time to forget Harmon?
As Yahoo‘s Jeff Macke cuttingly puts it, he “found a real, live businessman who creates jobs,” thereby providing a Steve Wynn-to-sanity translation, courtesy of CIO Advisors‘ Hugh Johnson. If Wynn were truly being honest, he’d cut to the quick: He’s … Continue reading
Posted in Architecture, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Fontainebleau, Goldman Sachs, Hard Rock Hotel, Harrah's, history, International, Louisiana, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Politics, Sports, Station Casinos, Steve Wynn, Technology, TV, Wall Street
2 Comments
Black man frightens Steve Wynn, Part One
Update: Today, Wynn got into the act in the ongoing Big Bird charade. As Steve Sebelius points out, it’s meaningless posturing, nothing more. Life’s been good to Steve Wynn. How good? Well, if you or I talked like a crazy … Continue reading
Posted in Atlantic City, Cantor Gaming, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Cretins, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Goldman Sachs, Harrah's, Macau, Massachusetts, MGM Mirage, Morgans Hotel Group, North Las Vegas, Pennsylvania, Plaza, Politics, Regulation, Sports, Station Casinos, The Strip, TV
27 Comments
Pure bull in Las Vegas
Other cities have major-league sports teams for distraction and entertainment. Las Vegas has Clark County Commissioner Tom Collins (D). The latter has been much in the headlines of late. First, per the Las Vegas Review-Journal, Collins was “was drinking and … Continue reading
Posted in Cretins, Current, Election, Entertainment, Midnight Jim Gibbons, North Las Vegas, TV
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Journos muzzled in Sin City
Sheldon Adelson couldn’t do it but Las Vegas Sun Publisher Brian Greenspun could. The hard-money-lending business in Las Vegas is a dodgy, high-risk one at the best of times and close scrutiny of it by Sun-related publications is especially touchy. … Continue reading
Posted in Boulder Strip, Current, New York, North Las Vegas, Racinos, Regulation, Sheldon Adelson, Station Casinos, TV
4 Comments
Nevada: We’re skewed!; Dark Side of the Force
I always hate doing Nevada gaming numbers because A) it’s redundant with the coverage in the local dailies and B) almost every month you have to trot out the caveat that — as was the case in June — the … Continue reading
Posted in Boulder Strip, Cosmopolitan, Current, Downtown, Economy, Entertainment, Harrah's, Lake Tahoe, Marketing, Mesquite, Movies, North Las Vegas, Reno, Tourism, TV, Wall Street
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Worst operator of 2011; GSA’s wrong amount of wrong
Worst of the year? That’d be Grand Station Casino, a former Harrah’s riverboat in Vicksburg, and its owners, Delta Development & Investments. They managed to parlay a $3.25 million steal of a casino that could have gone for $35 million … Continue reading