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Category Archives: Politics
More political football at CityCenter
Due to the Las Vegas Review-Journal‘s bizarre campaign to secede from the Internet, we dare not even link to an excellent Howard Stutz rundown of MGM Mirage‘s attempt to gain the high ground in the fractious “Who screwed up CityCenter” … Continue reading
Quote of the Day
“I recall a conversation with a prominent gaming executive when he was asked to support [then-Rep. Jim] Gibbons four years ago. He wondered why the state’s power elite would anoint someone who was quietly embarrassing in D.C. amid 435 members … Continue reading
Posted in Current, Election, Midnight Jim Gibbons, Politics
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Quote of the Day
“Mark Manendo, 42, has never married and has lived with his mother for long periods of time.” — Assemblywoman Kathy McClain (D-NV) lobbing a creaky old form of sexual innuendo against her opponent in the primary. Judging by the locution, … Continue reading
Posted in Current, Economy, Election, Politics
3 Comments
This just in …
Casino regulators in Iowa have dealt a sweeping rebuff to Gov. Chet Culver (D). While the Hawkeye State’s Racing & Gaming Commission gave its nod to a casino targeted primarily at the South Dakota market, it backhanded three other proposals. … Continue reading
Posted in Colony Capital, Current, Economy, Entertainment, Iowa, MGM Mirage, Politics, Regulation, The Strip
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CityCenter, political football *du jour*
Now that the all-too-inevitable “Who screwed up CityCenter?” unpleasantness between MGM Mirage and Perini Building has escalated into full-blown litigation and subcontractors fend for themselves, Sen. Harry Reid (D-NV) has been caught in the crossfire. His main rival, Archon Corp. … Continue reading
Posted in Archon Corp., CityCenter, Current, Election, Harry Reid, MGM Mirage, Politics, The Strip
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While Atlantic City burns …
While Atlantic City burns, Gov. Chris Christie fiddles. After coming into office saying the right things about helping the state’s casino industry, Christie has spent most of first months in office dithering uselessly. Having waited until A) the Revel project … Continue reading
Or maybe Excalibur …
Former Mandalay Resort Group boss Mike Ensign‘s payoff of his son’s mistress (which is under investigation for “structuring,” i.e., tax avoidance) is but one of many salacious matters that have brought Senate Ethics Committee staffers to Sin City. They got … Continue reading
Posted in Current, MGM Mirage, Politics, TV
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Massive defeat for Patrick in Mass.
Lawmakers in Massachusetts ran roughshod over Gov. Deval Patrick (D), overwhelmingly approving a four-racino, two-casino formula the governor opposes. They also resisted the urgings of those who would put the two, $500 million casino resorts out in the boonies, giving … Continue reading
Posted in Current, Economy, Macau, Massachusetts, Politics, Regulation, Sheldon Adelson, The Mob, Tribal
2 Comments
Harrah’s robbing Peter to buy Paul
When executives of Harrah’s Entertainment credit “hard-nosed” negotiating tactics for their success is reducing the company’s preposterous debt level, one suspects that threats of default and bankruptcy serve as the rhetorical equivalents of the rubber hose and brass knuckles. It’s … Continue reading
Posted in Archon Corp., Current, Economy, Entertainment, Harrah's, International, Internet gambling, Macau, Mississippi, Planet Hollywood, Politics, Regulation, Riviera, The Strip, Wall Street, World Series of Poker
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Case Bets: St. Louis, Florida & antiques
It was the best of times … almost. Pinnacle Entertainment‘s opening of River City not only propelled a 9% increase in casino revenue in the St. Louis market, it gave the area “its busiest month ever.” While River City’s $15.9 … Continue reading
Posted in Ameristar, Boyd Gaming, Current, Economy, Entertainment, Harrah's, Missouri, Pinnacle Entertainment, Politics, Reno, Sheldon Adelson, Tribal, Wall Street
2 Comments
Quote of the Day
“The late Chic Hecht, a lovely man who also said [Martin Luther King] had ‘not been dead long enough’ to merit holiday, makes Harry Reid look like Cicero.” — Jon Ralston, from his Twitter feed, on Nevada‘s famously malaprop-prone senator, … Continue reading
Posted in Election, Entertainment, Harry Reid, Politics, Technology
1 Comment
Wynn delivers
Surprising as ever, Steve Wynn showed up in Philadelphia yesterday bearing a sheaf of renderings for his proposed casinos — three weeks ahead of schedule. Wynn’s final design looks a mite grander than the one he let Steve Friess photograph, … Continue reading
Could Steve Wynn jilt Philadelphia?
What’s Steve Wynn supposedly doing in Atlantic City this weekend and why is he allegedly kicking the tires on casino properties there? Well, it is a buyer’s market and half of Borgata is up for grabs (as would be Trump … Continue reading
Wynn & the Ship of Phools
Whisking in just under the wire, Wynn Resorts submitted its financing package for the soon-to-be-ex-Foxwoods casino project in Philadelphia. Evidently Steve Wynn has thought better of slugging his new casino “SW,”* as reflected at left in the photo taken by … Continue reading
Case Bets: Maryland, Foxwoods, problem gambling
It’s not even been 18 months since Maryland voters gave their assent to slot houses — a time in which the state has to erect a regulatory apparatus, vet applicants, and then wait for the latter to get up and … Continue reading
Posted in Cordish Co., Current, Economy, Kansas, Marketing, Maryland, MGM Mirage, New York, Penn National, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Taxes, Tribal
1 Comment
Tipping the scales
There’s a Nobel Prize in Economics (or something) for whomever can figure out how to disentangle gambling from politics. Case in point: Iowa, where Gov. Chet Culver (D, left) has a heavy thumb on the scales of regulation. Culver’s made … Continue reading
Posted in Herbst Gaming, Iowa, Politics, Regulation
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Wynn gets schooled
Having displayed a breathtaking and uncharacteristic ignorance of the facts on the ground vis-a-vis Philadelphia‘s two casino projects, Steve Wynn is being offered a one-on-one tutorial from Mayor Michael Nutter. The latter says he’s looking forward to learning about Wynn’s … Continue reading
Posted in Architecture, Current, Pennsylvania, Politics, Regulation, Steve Wynn
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A Cosmopolitan by any other name …
… is still a long way from completion. A silly lawsuit has been settled, an extremely cosmetic change of name has been agreed upon (meaning that Cosmo The Casino is the de facto winner over Cosmo The Mag). We’re told … Continue reading
Love Train
As in the flowering bromance between Sen. Harry Reid (D-NV) and mouthpiece-for-hire Sig “The Fixer” Rogich. The former, a longtime supporter of a proposed maglev train betwixt Las Vegas and Anaheim, switched his allegiance to Rogich’s Choo-Choo-to-Nowhere, by the strangest … Continue reading
Posted in Archon Corp., California, Economy, Election, Herbst Gaming, Politics, Station Casinos, Taxes, Tourism, Transportation
10 Comments
