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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Pennsylvania
Case Bets: Sands, Caesars, Boyd, MGM & Wynn
After blowing a half-million dollars on lobbying in Massachusetts, cantankerous casino owner Sheldon Adelson took his ball and went home, as reported earlier. Las Vegas Sands‘ rather weak excuse: “[Boston] didn’t synch up with our business model.” Sands fails to … Continue reading
Lovemania comes to Cleveland
Looking like death warmed over, Caesars Entertainment CEO Gary Loveman took time from promoting the opening of Horseshoe Cleveland to try and spin the unloading of Harrah’s Maryland Heights as another brilliant masterstroke, rather than more evidence of the shambles … Continue reading
Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Dan Gilbert, Economy, Florida, Harry Reid, Marketing, Maryland, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Wall Street
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Beaten in Beantown: Steve Wynn calls it quits
Just like that, another Las Vegas casino heavyweight has hit the canvas in Massachusetts. Election results in Foxborough spelled doom for Steve Wynn‘s proposed resort (below) and neither he nor New England Patriots owner Robert Kraft wasted any time throwing … Continue reading
Posted in Current, Election, Harrah's, Massachusetts, MGM Mirage, Pennsylvania, Racinos, Regulation, Sports, Steve Wynn, Tribal
3 Comments
Gilbert, Caesars hit Ohio speed bump; Maple Leaf misadventure; Rearranging deck chairs on the WesCas
Rub a dub-dub, three companies in a tub called Rock Ohio Caesars. In emulation of Nevada‘s built-first-license-later system, the Ohio Casino Control Commission is just getting around to mulling the bonafides of Horseshoe Casino Cleveland‘s shareholders. Little-publicized minority partner Lyle … Continue reading
Posted in Columbia Sussex, Current, Detroit, Harrah's, Horseracing, International, Iowa, Kansas, Lyle Berman, Macau, Massachusetts, MGM Mirage, Ohio, Pennsylvania, Politics, Regulation, Sports, Stanley Ho, The Strip, Wall Street
2 Comments
The continuing adventures of Sheldon Adelson, Harry Reid and the GSA
First, the good news. Business is off and running at brand-new Sands Cotai Central, whose Himalaya casino (372 tables, 600 slots) opened last Wednesday. In total square footage, it overtakes Venetian Macao for status as the world’s largest casino (30% … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Current, Economy, Election, Florida, Genting, Harrah's, Harry Reid, history, International, Macau, Massachusetts, New York, Penn National, Pennsylvania, Sheldon Adelson, Sports, Stanley Ho, Technology, The Strip, Tourism, Transportation, TV, Wall Street
5 Comments
Sheldon Adelson, super villain
“Where’s the white cat,” asked an S&G reader when photos from the grand opening of Sands Cotai Central showed Sheldon Adelson doing a superb impersonation of Ernst Stavro Blofeld, “crumpets” in attendance. You can just imagine him sitting there, brainstorming … Continue reading
The Trop and the truth; Crock of Vegas
Black Hawk Down author Mark Bowden has penned a gripping account of how veteran racetrack executive Don Johnson (no, not that one) cleaned the clocks of the Tropicana Atlantic City, Borgata and Caesars Palace Atlantic City, to the tune of … Continue reading
Adelson minions visit Encore: Big Gaming courts Wall Street
There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia
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No cannibalization in K.C.!; Nebraska: Phhhhhttt!
February numbers are in for Hollywood Casino at Kansas Speedway and it lifted the entire K.C. market 24%, grossing $15 million in 26 days. Once the Hollywood effect is sifted out of monthly revenues, all other casinos were down only … Continue reading
Posted in Ameristar, Current, Harrah's, Horseracing, Isle of Capri, Kansas, Missouri, Nebraska, New York, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Wall Street
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Penn and Pennsylvania; Trop’s big screwup; Louisiana’s big month
A racetrack isn’t something you just pick up and relocate. However, Penn National Gaming has been given the go-ahead by the State of Ohio to “move” its Beulah Park and Raceway Park to, respectively, Youngstown and Dayton. They are presently … Continue reading
Gambling makes strange bedfellows; Two kinds of Trop trouble
Earlier today, we witnessed the strange spectacle of a capitalist decrying the effect of market forces upon his business. It’s an indirect reminder that casinos are that rare issue which brings together the old maids of the far left and … Continue reading
Atlantic City: Low prices and high dudgeon
That shriek of dismay you hear from the direction of Atlantic City is the screech of hotelier Curtis Bashaw (left). What is the cause of his umbrage? The discovery that a hotel room in A.C. can be had for as … Continue reading
Biloxi: Isle out, Landry’s in; Grind joints come to Atlantic City
Not even a rocky start in Atlantic City has cooled the ardor of Landry’s Restaurant CEO Tilman Fertitta for new casino acquisitions. Earlier today Landry’s announced that it had bought Isle Casino Hotel, putting Fertitta into the Biloxi market. The … Continue reading
China to Cirque: “Pas encore!”
Cirque du Soleil® has laid another oeuf — or Las Vegas Sands has claimed yet another showbiz victim. Its resident show at Venetian Macao, Zaia™, is closing after a 42-month run. Either the touchy-feely, eco-friendly whimsies of Zaia™ were too … Continue reading
Posted in Cirque du Soleil, CityCenter, Economy, Entertainment, Horseracing, International, Macau, MGM Mirage, Pennsylvania, Sheldon Adelson, The Strip, Tourism
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Case Bets: Okada in Manila; Big shots fall hard
Rushing in where angels fear to tread, Kazuo Okada (right) has broken ground on his $2 billion, two-casino megaresort in the Philippines. You may remember the project as a bitter point of contention between Okada and erstwhile BFF Steve Wynn, … Continue reading
Posted in Cretins, Current, Encore, Hard Rock Hotel, International, Morgans Hotel Group, Pennsylvania, Regulation, Reno, Sheldon Adelson, Sports, Station Casinos, Steve Wynn
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Gilbert’s Dixie deal; Linq begins; Musical chairs at Penn
Dan Gilbert‘s descent upon the Baltimore market, in tandem with Caesars Entertainment, isn’t exactly news but the revelation that it will operate under the Harrah’s imprimatur (relegated to tertiary status by Caesars CEO Gary Loveman) certainly is. Gilbert’s undergraduate career … Continue reading
Posted in Current, Genting, Harrah's, M Resort, Maryland, Neil Bluhm, New York, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, South Carolina, The Strip, Tourism, Tribal
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Aquedud?; Trump, chump
I apologize for feeding you some incorrect info earlier when I erroneously stated that the Philadelphia market lost business (apparently to Atlantic City) last month. Nope, Santa Claus was good to every casino in the Keystone State, although he could … Continue reading
Posted in Atlantic City, Charity, Current, Donald Trump, Economy, Election, Genting, Harrah's, Jack Binion, Neil Bluhm, New York, Pennsylvania, Sheldon Adelson, Sports, Tribal, TV, Wall Street
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Meet Virginia McDowell, Part I
What are your plans for Nemacolin Woodlands Resort, in Pennsylvania? We’re still waiting for the appeal process to wind its way through the courts. The original plan called for to build on an existing facility on the Nemacolin property, which … Continue reading
Posted in Downtown, Economy, Entertainment, Florida, G2E, Iowa, Isle of Capri, Marketing, Missouri, Pennsylvania, Station Casinos, Taxes, Technology, Texas, Tourism, Tribal
3 Comments