Category Archives: Sam Nazarian

More hitches in Massachusetts

Posted on March 21, 2014 by David McKee

Efforts by Wynn Resorts and Mohegan Sun to bring casinos to eastern Massachusetts could be in trouble. In another hitch to its elongated selection process, the Massachusetts Gaming Commission has agreed to consider whether to consider Boston a host community. … Continue reading →

Posted in Atlantic City, Foxwoods, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Problem gambling, Regulation, Sam Nazarian, Steve Wynn | 1 Comment

Boyd: Japan or bust

Posted on March 6, 2014 by David McKee

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

Genting’s dog-and-pony show; Ohio, Year One

Posted on March 4, 2014 by David McKee

Back when it was still Echelon, the axiom about the skeleton on the North Strip was that no one would start building anything nearby until Boyd Gaming resumed work. Perhaps the industry got tired of waiting. SLS Las Vegas, which … Continue reading →

Posted in Boyd Gaming, Economy, Genting, Harrah's, Ohio, Regulation, Sam Nazarian, The Strip | Comments Off on Genting’s dog-and-pony show; Ohio, Year One

Churchill Downs gets singed, casino creditors get burnt

Posted on February 10, 2014 by David McKee

Nick Ribis, a contentious figure in the Atlantic City casino scene is at it again. Or so contends a lawsuit by Churchill Downs. The racino company claims it paid Ribis $2.5 million “to develop and operate” Internet gambling on its … Continue reading →

Posted in Atlantic City, Churchill Downs, Colony Capital, Florida, Foxwoods, Harrah's, Horseracing, Internet gambling, Massachusetts, Mohegan Sun, Racinos, Revel, Sam Nazarian, Tribal | 1 Comment

Through a looking glass, brightly

Posted on February 6, 2014 by David McKee

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 | Comments Off on Through a looking glass, brightly

Britney F. Spears & other Case Bets

Posted on January 7, 2014 by David McKee

Strip gyp: What does $25,000 buy you? At Planet Hollywood it will get you one-twentieth of a minute with Britney F. Spears. Either the currency of celebrity has become inflated beyond measure or our 15 minutes of fame have shrunk … Continue reading →

Posted in Dining, Entertainment, Genting, Harrah's, Macau, New York, Planet Hollywood, Racinos, Regulation, Sam Nazarian, The Strip | Comments Off on Britney F. Spears & other Case Bets

SLS to get oddball neighbor?

Posted on December 24, 2013 by David McKee

Everybody’s entitled to a dream, however implausible. Back when Christopher Milam was plotting to build the Silver State Arena on the former Wet ‘n Wild site, we had a lot of problems with Milam’s concept. However, it seems the essence … Continue reading →

Posted in Architecture, Archon Corp., Sam Nazarian, Sports, The Strip | 2 Comments

As the Trop turns …

Posted on December 4, 2013 by David McKee

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

Dancing at the Downs; Sheldon Adelson, Luddite

Posted on December 3, 2013 by David McKee

Suffolk Downs isn’t going to have to perform the limbo to bring its casino project into zoning conformity but some fancy footwork will be required. Instead of one structure, there will have to be two. Non-gaming amenities will be clustered … Continue reading →

Posted in Bally Technologies, Current, Harrah's, IGT, Internet gambling, Massachusetts, Mohegan Sun, Regulation, Sam Nazarian, Sheldon Adelson, Technology | Comments Off on Dancing at the Downs; Sheldon Adelson, Luddite

Unwelcome surprise for Steve Wynn

Posted on November 21, 2013 by David McKee

A bomb just went off under Steve Wynn‘s $1.3 billion casino project in Everett. Multiple felon Charles Lightbody has been bragging upon his supposedly hidden ownership in the land on which Wynn has taken an option. So say confidential sources. … Continue reading →

Posted in Harrah's, Internet gambling, Marketing, Massachusetts, MGM Mirage, Sam Nazarian, Steve Wynn, The Mob, Tourism | 1 Comment

Sammy Boy’s long shot

Posted on October 8, 2013 by David McKee

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 | Comments Off on Sammy Boy’s long shot

Nazarian’s secret weapon?; Vegas still equals value

Posted on June 17, 2013 by David McKee

It’s Monday, so it must be time for another worshipful Sam Nazarian profile in the Los Angeles Times. Sure enough. If you can endure the usual LAT fawning, one will glean some useful facts and inferences — plus a reminder … Continue reading →

Posted in Colony Capital, Current, Entertainment, Genting, MGM Mirage, New York, Politics, Racinos, Sam Nazarian, The Strip, Tourism | 1 Comment

So long, Sahara and WMS; Bridge of sighs; Private equity’s newest gamble

Posted on May 10, 2013 by David McKee

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

Good and bad ideas in marketing; Small is beautiful, Vegas

Posted on April 18, 2013 by David McKee

Break out a flagon of whatever Derek Stevens is drinking and put it on my tab, lads. To commemorate the first leg of the Triple Crown, he’s holding a May 3-4 Sigma Derby tournament. Buy-in starts at $50, so starting … Continue reading →

Posted in Architecture, Boyd Gaming, Current, Derek Stevens, Detroit, Downtown, Economy, Goldman Sachs, Harry Reid, history, Horseracing, Marketing, MGM Mirage, Morgans Hotel Group, Pennsylvania, Sam Nazarian, Sports, Station Casinos, The Strip | 1 Comment

Gold Spike: Hsieh, you tricky bastard!

Posted on April 12, 2013 by David McKee

No sooner had I confidently predicted that Zappos.com CEO Tony Hsieh (whoops, wrong Tony) would not be making any gaming related purchased when the shoe mogul pounced on the financially troubled Gold Spike. Showing the acumen that’s made him the … Continue reading →

Posted in Current, Downtown, Economy, Sam Nazarian, Steve Wynn, Tamares Group | 3 Comments

Goodbye Western, hello SLS … ?

Posted on March 22, 2013 by David McKee

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

Posted on March 7, 2013 by David McKee

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

Posted on March 6, 2013 by David McKee

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