Category Archives: Regulation

Mutiny!

One of the dirty little secrets of the “cruise to nowhere” business is that these vessels are crewed with seamen imported from foreign countries. (Americans, despite being citizens of one of the preeminent seafaring nations, apparently aren’t good enough.) So … Continue reading

Posted in Architecture, Boyd Gaming, CityCenter, Current, Economy, Florida, Harrah's, International, MGM Mirage, Ohio, Penn National, Planet Hollywood, Regulation, Riviera, Sahara, Station Casinos, The Strip | Comments Off on Mutiny!

Party Pooper of the Year

It seems that 2009 can’t slink quietly away without one more Bible Belt prude attempting to rain on gamblers’ parade. The spoilsport in question is South Carolina Attorney General Henry McMaster, who is appealing a ruling that poker is more … Continue reading

Posted in Cretins, Politics, Regulation, South Carolina | 1 Comment

Loveman loves him some Macao

By now the saga of Harrah’s Entertainment‘s Macanese golf course is the stuff of legend: a $578 million golden albatross around the company’s neck and a metaphor for the company’s misfortune-prone international strategy. While some of CEO Gary Loveman‘s ventures … Continue reading

Posted in Atlantic City, Colony Capital, Current, Harrah's, James Packer, Lawrence Ho, Macau, Maryland, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | 1 Comment

Earth to Adelson, Earth to Adelson …

Las Vegas Sands CEO Sheldon Adelson claims he can finish his two resuscitated Cotai Strip™ casinos (below) and build three more in the next five years. Let the record show that Adelson currently also has casinos in various states of … Continue reading

Posted in CityCenter, Cordish Co., Current, Economy, Florida, International, Macau, Maryland, MGM Mirage, Movies, New York, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, The Strip, Tribal | 2 Comments

A Privé by any other name …

Rose, the new nightclub in Mandalay Bay, hasn’t even opened yet and it’s racked up its first scandal. MBay is trying to rework Rose’s lease on more favorable terms, given that the club’s owners are some of the, er, colorful … Continue reading

Posted in Architecture, CityCenter, Current, MGM Mirage, Regulation, Technology, The Strip | Comments Off on A Privé by any other name …

Big casino opening today

No, not Aria. That’s tomorrow. Today’s the first day of business for $48 million Boot Hill Casino & Resort, in Dodge City. Avionics firm (!) and relatively novice casino developer Butler National did what brand names Penn National Gaming, MGM … Continue reading

Posted in Current, Economy, Harrah's, Kansas, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Tribal | Comments Off on Big casino opening today

Pelican State blues

November numbers are in for Louisiana and it’s the Pelican State’s worst gaming month in five quarters. Only the independent Eldorado Shreveport riverboat and Fair Grounds racino near New Orleans reported revenue growth. All major operators took it on the … Continue reading

Posted in Boyd Gaming, Columbia Sussex, Harrah's, International, Isle of Capri, Louisiana, Maryland, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation | Comments Off on Pelican State blues

That’s a mouthful

To wit, the Wild Wild West is soon to be rebaptized as Days Inn – Las Vegas at Wild Wild West Gambling Hall. (Uff da!) Which kicks the prospect of “Viva” years further down the road. I mean, you know … Continue reading

Posted in Colony Capital, Current, International, Maryland, Regulation, Station Casinos | 2 Comments

Wall Street hearts Penn

Table games having been approved for Charles Town Races & Slots by a 60/40 margin, stock analysts are lurving Penn National Gaming … so long as Penn’s infatuation with Fontainebleau turns out to have been a passing malady. While those … Continue reading

Posted in Current, Election, Fontainebleau, Harrah's, Kansas, Missouri, Ohio, Penn National, Pinnacle Entertainment, Regulation, The Strip, Wall Street | 5 Comments

Tiger: On the game

Memo to the Las Vegas Convention & Visitors Authority: Boys, it’s time to re-retire that “What happens here …” slogan because it is so yesterday. Sure, there was an era when a man of privilege might come to Las Vegas … Continue reading

Posted in Columbia Sussex, Current, Regulation, Sports, The Strip | 3 Comments

Who’s better for F’bleau: Icahn or Penn?

That’s the unspoken question hanging over a lengthy piece in yesterday’s Las Vegas Sun. While Penn National Gaming is willing to commit $1.5 billion or more to finishing Fontainebleau, lead bidder Carl Icahn may be able to do the job … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, CityCenter, Columbia Sussex, Current, Economy, Fontainebleau, Kansas, MGM Mirage, Ohio, Penn National, Planet Hollywood, Regulation, Station Casinos, The Strip, Wall Street | 2 Comments

Harrah’s gets away with it

In a move certain to embolden scofflaws all over Clark County, District Attorney David Roger has cut a deal with Harrah’s Entertainment that lets the corporate behemoth slide on a variety of criminal charges in return for paying a $1.2 … Continue reading

Posted in Alex Yemenidjian, Architecture, Current, Harrah's, Planet Hollywood, Regulation, The Strip | 1 Comment

CityCenter Fever

For all the trepidation about $8.5 billion CityCenter and its prospects, today’s opening of Vdara has been enough to set “the Internets,” the blogosphere, the teevees and even traditional newspapers aflame with excitement. After all, who can resist the scrotum … Continue reading

Posted in Architecture, Bally Technologies, CityCenter, Current, Economy, IGT, MGM Mirage, Morgans Hotel Group, Regulation, The Strip, Tourism, TV, WMS Industries | Comments Off on CityCenter Fever

Chutzpah, thy name is Loveman

Do the bondholders of Harrah’s Entertainment ever get tired of being played for suckers? After being asked to take haircut after haircut — whether in the form of distressed buybacks or deferred repayment — comes a new indignity. While Harrah’s … Continue reading

Posted in CityCenter, Current, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Mississippi, Planet Hollywood, Regulation, The Strip, Wall Street | 4 Comments

Is Adelson mad? Trump trumped & Kerzner booted

In an interview with Reuters, Sheldon Adelson said Las Vegas Sands might launch operations in India, Thailand and Japan as soon as 2010. Given the ropey financial condition of his company, the fact that Marina Bay Sands will open at … Continue reading

Posted in Alex Yemenidjian, Atlantic City, Current, Detroit, Donald Trump, Economy, Genting, Harrah's, International, Kansas, Macau, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Planet Hollywood, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Taxes, Tourism, Tribal | 1 Comment

CityCenter dodges bullet

Morton Grove, IL. Lying low while Black Friday sweeps Chicagoland … You will remember that, when CityCenter teetered upon the brink of bankruptcy earlier this year, it was saved by a compromise that put the onus on MGM Mirage for … Continue reading

Posted in Ameristar, Atlantic City, Cirque du Soleil, CityCenter, Current, Don Barden, Economy, Entertainment, Harrah's, IGT, Illinois, Indiana, International, Kansas, MGM Mirage, Ohio, Penn National, Regulation, WMS Industries | 4 Comments

Now *this* is a scandal

During the early years of tribal gaming expansion, Native Americans had to go to Malaysia and South Africa for their startup capital — and it came at a hefty cost. Now Mohegan Sun is reeling from the delayed effects of … Continue reading

Posted in Boulder Strip, Boyd Gaming, CityCenter, Economy, Harrah's, International, Isle of Capri, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism, Tribal | 3 Comments

Case Bets: Aria, IGT, Maryland & Detroit

There was a small setback for Bally Technologies when it had to pull its iView DM systems software out of Aria. Seems MGM Mirage gave Bally a scant five days to get iView DM up, running and certified. Expect to … Continue reading

Posted in Bally Technologies, CityCenter, Current, Detroit, Economy, IGT, Maryland, MGM Mirage, Regulation, Technology, Tribal | 2 Comments

Case Bets: Cullotta’s moll, squeeze on Sands, gay old UFC

Local radio chatterbox Heidi Harris recently set her pants on fire attempting to rewrite history about a Mob terror campaign against then-Nevada Gaming Commissioners (one of whom went on to become Sen. Harry Reid [D-NV]). The evidence seems pretty unambiguous … Continue reading

Posted in Harry Reid, International, Macau, Politics, Regulation, Sheldon Adelson, Singapore, Sports, Station Casinos, The Mob, TV, Wall Street | 6 Comments

Quote of the Day

“We’re trying to let the community know that we are here and we are here to stay for a while.” — ominous words from Glenn Koehler, Columbia Sussex‘s director of the Horizon casino-hotel in Lake Tahoe. Landlord Park Cattle Co. … Continue reading

Posted in Columbia Sussex, Current, Economy, Lake Las Vegas, Regulation, Tropicana Entertainment | Comments Off on Quote of the Day