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Category Archives: Pennsylvania
So it begins
Slow news day: There wasn’t much worth noting yesterday, other than some preliminary numbers out of Pennsylvania (i.e., slot revenues). Table games money could change the picture but, so far, June is looking like a good month for Las Vegas … Continue reading
Posted in Economy, Environment, M Resort, Marketing, Neil Bluhm, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Tribal, TV
1 Comment
St. Regis … still stumped; Quid pro Qua
Last autumn, Las Vegas Sands COO Michael Leven floated the idea of capping its St. Regis failsino at its current five-story height, admitting that the skeleton was an “eyesore” along the Strip. The “Stump Regis” was the subject of a … Continue reading
Illinois: Optimism or suicide?
It doesn’t matter to state Rep. Lou Lang (D, right) that Illinois‘ casino revenues are puny compared to those of neighboring Indiana or that St. Louis-area players are defecting in droves. He wants racinos and more casinos, by golly, and … Continue reading
Posted in Architecture, Boyd Gaming, Current, Economy, Entertainment, Harrah's, Illinois, Indiana, Internet gambling, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Missouri, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Taxes, Texas, Tribal
2 Comments
Isle sheds a spare part; Bluhm rebounds
Not long ago, S&G was musing aloud at the oddity of Isle of Capri Casinos running two riverboats on Lake Charles, one of which grossed only $1 million or so a month. That seemed rather an extravagance. Somebody at Isle … Continue reading
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
Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia
For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading
Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street
Comments Off on Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia
Frosty spring on the Boardwalk; Tortoises vs. hares in Pennsylvania
Dennis Gomes‘ comeback trail at Resorts Atlantic City (left) finally hit a wall in May. The recovering casino was 4% off last year’s pace, although that’s above-average performance in market that took another thwack last month, down 9%. The feeble … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Dennis Gomes, Donald Trump, Economy, George Maloof, Harrah's, Neil Bluhm, Pennsylvania, Racinos, The Strip, Tilman Fertitta, Tourism, Tropicana Entertainment
Comments Off on Frosty spring on the Boardwalk; Tortoises vs. hares in Pennsylvania
Those evil casinos; Lost in Yonkers; Found in Bethlehem
Floating down the river of DeNile, Sharron Angle says a senatorial seat that was rightfully hers was filched by “the casinos,” among other malefactors. Of course, this is the same woman who would have subtracted CityCenter from the local tax … Continue reading
Posted in Atlantic City, CityCenter, Current, Election, Maine, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Taxes, The Strip, Tourism
1 Comment
The Strip in April: Down and yet up; Gettysburg: The south loses again
According to the Nevada Gaming Control Board, casino revenue in the state was down 2% in April … except that it wasn’t. Since the month ended on a Saturday, slot revenue from the last two days of April got slopped … Continue reading
Posted in Ameristar, Boulder Strip, Boyd Gaming, California, Current, Economy, Harrah's, Illinois, Indiana, International, Isle of Capri, Lake Tahoe, Pennsylvania, Politics, Regulation, The Strip, Tourism, Transportation, Wall Street
Comments Off on The Strip in April: Down and yet up; Gettysburg: The south loses again
Quote of the Day
“It’s our job to take people and companies that are unsuitable and make them suitable.” — unnamed Pennsylvania Gaming Control Board administrator, explaining why his bureau has helped cover up drug-dealing and other criminal activity in order to help Keystone … Continue reading
Posted in Pennsylvania, Regulation
2 Comments
The ‘hot’ list that’s not; Grumpy old Fulton; A threat from Quinn
A sudden barrage of commissions has been getting between me and S&G. At the very least, I can get a few quick hits in before the weekend. For instance … Earth to Vegas.com … while I realize that Las Vegas … Continue reading
Posted in Current, Economy, Entertainment, Harrah's, Horseracing, Illinois, MGM Mirage, Movies, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, The Strip, Tourism, Tribal, TV
3 Comments
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
Ruffin it; Atlantic City: up in smoke?
“Nightclubs — we just didn’t fare well with them. There are so many nightclubs. Everyone’s got just one or two. Ours were just marginal.” That’s Treasure Island owner Phil Ruffin‘s argument for repositioning the pirate place for a mid-market, middle-aged … Continue reading
Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Dennis Gomes, Donald Trump, Economy, Entertainment, Environment, Hard Rock Hotel, Harrah's, history, Horseracing, Kansas, Macau, Marketing, Massachusetts, Morgans Hotel Group, New York, Pennsylvania, Phil Ruffin, Politics, Problem gambling, Racinos, Regulation, Station Casinos, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street, Warner Gaming
1 Comment
This won’t play in Vegas; Second wind for Sands
Steve Wynn is singing his “we’re a Chinese company” refrain again. This never goes over well on the home front when he does it and his threat to move corporate HQ to Macao was met with a general chorus of, … Continue reading
Posted in Florida, Harrah's, International, Macau, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
4 Comments
Nazarian totally busted …
… by Chuck Monster, who’s learned that SBE Entertainment‘s deal with MGM Resorts International includes dumping the Club Sahara loyalty program database into the lion’s “low roller walled garden,” Circus Circus Players Club. Which is pretty much what S&G expected … Continue reading
Meet $2 Million Mike; The Big Easier
Casino podcasts (MGM Resorts International‘s in particular) have been razzed in the past for a lack of content. No such gripes about Las Vegas Sands‘ latest offering, 10 minutes in the company of COO Michael Leven (who derives his nickname … Continue reading
Blockbuster month in Pennsylvania; Resurgence in Atlantic City; Douchebag of the Decade
You want good news? We’ve got your good news right here: Casino revenues in Pennsylvania rocketed 24% last month. (35% if you include SugarHouse but that’s an apples-to-oranges metric.) Since, on a same-store basis, slot winnings were just slightly down, … Continue reading
Fire sale in Vicksburg; Win or loss for Gettysburg?
Update: An earlier version contained a gross error/AARP moment on Yr. Humble Blogger’s part. I have amended the story so that it contains greater “factiness.” Also, fellow Canadian firm Gateway Casinos is the likely operator-to-be. In a curt announcement, Tropicana … Continue reading
