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Category Archives: Sahara
Boyd: Japan or bust
Well, they weren’t that dramatic about it. But Boyd Gaming executives surprised Wall Street analysts by announcing their interest in having a Japanese casino. For all the ongoing success of Borgata, we still think of Boyd as a small-casino company, … Continue reading
Posted in Boyd Gaming, Downtown, Iowa, Marketing, MGM Mirage, New York, Penn National, Problem gambling, Racinos, Regulation, Sahara, Sam Nazarian, The Strip
1 Comment
Quote of the Day
“There was such a home, a personal feeling toward these casinos that were on the Strip like the Silver Slipper, the Dunes, the Sahara—all these places that you grew up with—these were all places that we had. This was our … Continue reading
Through a looking glass, brightly
So much for my crystal ball. Two projects that I openly doubted are now close to fruition and a third is showing fitful signs of life. (Another, Howard Bulloch‘s Ferris wheel, appears to be being dismantled.) Yesterday, SLS Las Vegas … Continue reading
Posted in Alex Yemenidjian, Cannery Casino Resorts, Entertainment, Hard Rock Hotel, Harrah's, MGM Mirage, Planet Hollywood, Sahara, Sam Nazarian, The Strip, Tilman Fertitta, Tourism, Transportation
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As the Trop turns …
While I was out of town, Alex Yemenidjian sprang another big-ass remake of the Tropicana Las Vegas upon local media. Now, most of A-Yem’s big, shiny ideas have had tragically short lives. (Anyone remember Bagatelle Beach Club? Wayne Newton: Once … Continue reading
Posted in Alex Yemenidjian, Architecture, Entertainment, Sahara, Sam Nazarian
1 Comment
Sammy Boy’s long shot
Work continues apace on the conversion of the Sahara into the SLS Las Vegas. This CBS This Morning piece raises more questions than it answers. For instance, by putting so much emphasis on restaurant, hotel, pool and nightclub revenue streams … Continue reading
Posted in Entertainment, Sahara, Sam Nazarian, The Strip
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So long, Sahara and WMS; Bridge of sighs; Private equity’s newest gamble
Gone and soon to be forgotten is the fugly NASCAR Cafe (site of terrible customer service), one of Bill Bennett‘s dubious ‘enhancements’ to the Sahara during his ownership. Current owner Sam Nazarian is ripping the Sahara apart in earnest, although … Continue reading
Posted in Architecture, Current, Dan Gilbert, Dining, Harrah's, history, Ohio, Regulation, Sahara, Sam Nazarian, Scientific Games, Sports, The Strip, Wall Street, WMS Industries
1 Comment
Goodbye Western, hello SLS … ?
Sometimes it’s better to be lucky than right: When Tamares Group made an indiscriminate splurge on downtown Las Vegas real estate in 2004, it was banking on a construction boom that never took place. It also found itself with several … Continue reading
Posted in CityCenter, Current, Dining, Downtown, Economy, M Resort, Marketing, Maryland, Ohio, Penn National, Sahara, Sam Nazarian, Steve Wynn, Tamares Group, The Strip, Wall Street
1 Comment
North Strip: SLS yes, F-blew no, Riviera maybe
S&G contributor JeffInOKC returns from a too-long absence with some thoughts on one of our favorite topics, the North Strip … It is common for us to hear the term “Too Big to Fail,” but I think the true story … Continue reading
Posted in Architecture, Boyd Gaming, CityCenter, Cosmopolitan, Current, Fontainebleau, Marketing, MGM Mirage, Riviera, Sahara, Sam Nazarian, Steve Wynn, The Strip, Tourism
4 Comments
Sahara Sam’s SLS surrealism
Kudos to Chuck Monster for finding this fanciful rendering of SLS Las Vegas, presumably designed to mislead would-be EB-5 Visa investors from China and points East. Shazam! The former Sahara has miraculously floated down the Strip and over to Koval … Continue reading
Posted in International, Sahara, Sam Nazarian, Steve Wynn, The Strip
2 Comments
Echelon no more: Boyd humiliated yet again; Caesars pulls another plug
If you’ll pardon my vulgarity, shit got real while I was tied up with other projects. Last week’s sale of excess baggage Dania Jai-Alai in Florida was just a tiny prelude to this morning’s blockbuster: Echelon is kaput. Instead, Boyd Gaming … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, Carl Icahn, CityCenter, Current, Downtown, Economy, Environment, Florida, Fontainebleau, Genting, Harrah's, history, International, Kansas, Mississippi, New York, Plaza, Politics, Racinos, Regulation, Sahara, Singapore, Station Casinos, The Strip, Wall Street
7 Comments
SLS/Sahara: Nazarian gets his green (cards); Caesars green-lit for Cincy
Just when Sam Nazarian‘s mooted reinvention of the defunct Sahara as SLS Las Vegas looked dead and gone, The Naz slipped in under the wire with all the offshore money he required and a bit more: Sahara Sam needs $115 … Continue reading
Posted in Current, Dan Gilbert, Downtown, Economy, Harrah's, International, Maryland, Ohio, Racinos, Regulation, Sahara, The Strip, Tourism
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Five weeks for Sahara Sam
That’s how much time Sam Nazarian has to scare up $115 million from overseas sources. If the deal isn’t done by Feb. 28, $300 million that’s currently in escrow quietly goes away. In exchange for offshore capital, Nazarian has to … Continue reading
Posted in Cosmopolitan, Current, Entertainment, George Maloof, Goldman Sachs, International, Regulation, Sahara, Sports, The Strip, Tourism, Wall Street
4 Comments
PNK piquing little interest; B.S. walks
‘Twas the day after Christmas and all through the house, shareholders were beginning to cool on the value of Ameristar Casinos stock. It closed ever so slightly down from Pinnacle Entertainment‘s $26.50/share offer price. Perhaps I was wrong and $869 … Continue reading
Lou Lang up to old tricks; Dog-and-pony show at Sahara
For months, state Rep. Lou Lang (D-Skokie), has been threatening to push an enormous gambling expansion through the Illinois Legislature during its lame-duck session. He says he’s “getting very close” but we’ve heard that kind of braying from Lang previously. … Continue reading
Shadow-puppetry at the Sahara; TropiHilton of LV; Melco goes southerly
“Lightweight” might be a apt term to describe the braintrust forming around the SLS/Sahara project. So would “miscast.” Reporting to casino novice and owner Sam Nazarian, its president will be J.P. Morgan investment banker Sam Bakhshandehpour. His main qualification for … Continue reading
Posted in Alex Yemenidjian, Colony Capital, Cosmopolitan, Current, Goldman Sachs, Harrah's, International, James Packer, Lawrence Ho, Marketing, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Sahara, Steve Wynn, The Strip, Tourism, Wall Street
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Bacchanalia at Caesars; I’ll take the Mubarak Suite, please
Despite rampant neglect elsewhere on the Strip, Caesars Entertainment continues to take good care of its namesake, Caesars Palace. A Wednesday-night visit disclosed that myriad schlock retailers had been banished, as Jay Sarno‘s toga party tries to keep pace with … Continue reading
Posted in Architecture, CityCenter, Cosmopolitan, Current, Dining, Entertainment, Goldman Sachs, Harrah's, history, International, Marketing, MGM Mirage, Sahara, Technology, The Mob, The Strip, Tourism, TV
4 Comments
Colony Capital and the Temple of Doom; Big Gaming’s come a long way, baby
Earlier today, I penned a 1.5-page Question of the Day on the recent past and dubious future of the Las Vegas Hotel & Casino, which I habitually type as “Las Vegas Hilton.” Even if one confines the narrative to the … Continue reading
Posted in Atlantic City, Colony Capital, Culinary Union, Current, Dennis Gomes, Downtown, Economy, Election, Entertainment, Goldman Sachs, Planet Hollywood, Politics, Sahara, Sheldon Adelson, Station Casinos, Tamares Group, The Strip
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Speed: The Ride … found!; Dueling Ferris wheels and Caesars’ wonderful life
Remember all those rumors that had the Sahara‘s now-vanished Speed: The Ride packed up and headed for Circus Circus? Not so! The good folks and inquiring minds at VegasChatter.com were sussing out some dormant South Strip developments and discovered … … … Continue reading
Posted in Architecture, Atlantic City, California, Current, Economy, Entertainment, Harrah's, Illinois, International, Internet gambling, Marketing, Maryland, Massachusetts, MGM Mirage, Movies, New York, Racinos, Rhode Island, Sahara, Taxes, The Strip, Tourism, Transportation, Wall Street
2 Comments
Opening tonight!; DIY Vdara Death Ray
Hoping to join Evil Dead The Musical and Best Little Whorehouse in Texas in the progression of locally produced musicals to casino showrooms is Summer Camp! The Musical, which opens tonight at the Onyx Theatre, near what used to be … Continue reading
Posted in Arizona, Current, Downtown, Entertainment, Environment, Harrah's, Planet Hollywood, Sahara, Tamares Group, The Strip, Tourism, TV, Vdara Death Ray
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