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Category Archives: Sheldon Adelson
Boyd exits Florida; Mixed messages from the Riv; The revenge of Adelson
Regardless of whether or not resort casinos are voted into law in Florida, one company that won’t be in the running is Boyd Gaming. The firm threw in the towel on the Miami market today. The Sunshine State “no longer … Continue reading
Posted in Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Entertainment, Florida, Genting, Harrah's, Isle of Capri, M Resort, Macau, Marketing, MGM Mirage, Penn National, Politics, Regulation, Riviera, Sahara, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Technology, The Strip, Wall Street
1 Comment
Was Pokergeddon a setup?
In his latest column, “Prohibition Is Not Regulation” (an early draft can be seen here) gaming-law guru I. Nelson Rose rakes the Obama administration for choosing “to ignore the lessons of history and take worst aspects of the choices available.” … Continue reading
Why Trump won’t run
Two words: Mob ties. Yes, Donald “100 Percent Clean” Trump did business — repeatedly — with a man he believed (or, best case, seriously feared) to be the murderer of Jimmy Hoffa. He also employed an individual identified by U.S. … Continue reading
Ensign to China?
While U.S. coverage — including ours — of Las Vegas Sands COO Michael Leven‘s recent “fireside chat” tended to focus on his backward-thinking tirade about those confounded new social media, Macau Daily Times zeroed in on the continued vacuum at … Continue reading
Posted in Current, Donald Trump, history, Macau, Politics, Sheldon Adelson, Technology
1 Comment
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
A tense time for Mike Ensign
His son’s resignation from the U.S. Senate isn’t going to get former Mandalay Resort Group big shot Mike Ensign out of the hot seat. As yesterday’s New York Times, the Senate Ethics Committee may yet refer its findings to the … Continue reading
Posted in Current, Regulation, Sheldon Adelson, Steve Wynn
2 Comments
Oaf of Office III
… an occasional series. S&G keeps referring to Donald Trump‘s glass jaw — an obvious liability to his phony/delusional political aspirations. Obligingly, The Donald served up a characteristic hissy fit after Caesars Palace headliner Jerry Seinfeld canceled an appearance at … Continue reading
Posted in Arizona, Charity, Cretins, Current, Donald Trump, Economy, Election, Harrah's, Marketing, Oscar Goodman, Politics, Reno, Sheldon Adelson, Tourism, Transportation, TV
3 Comments
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
Cantor’s new brand: Slots for tots
Other than as a medium for sports betting, mobile-gambling devices have resolutely failed to catch on in Las Vegas casinos. Provider/operator Cantor Gaming has made a few inroads but mostly at one-off properties like M Resort and the Hard Rock … Continue reading
Goodman and Station win Round One; MGM’s Free(dom) Ride
The Las Vegas electorate had a lovely parting gift for Victor Chaltiel and Sheldon Adelson. Which is to say that Carolyn Goodman didn’t win the Las Vegas mayoralty outright yesterday but is a relatively low hurdle away from inheriting husband … Continue reading
Sheldon Adelson’s court jester yuks it up
Las Vegas Sands-backed mayoral candidate Victor Chaltiel rolled out the following prank ad today … I’m not sure that there’s any percentage in going after the grandmotherly (but hopelessly vague) Carolyn Goodman in the snide fashion that is quickly becoming … Continue reading
Posted in Archon Corp., Current, Downtown, Election, Florida, Harrah's, International, Laughlin, Macau, MGM Mirage, Minnesota, Mississippi, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Texas, The Strip, TV
1 Comment
Florida rejects Adelson; Mixed signals from Cosmo; Station’s quixotic quest
It’s all over — until 2012, anyway — for Sheldon Adelson‘s heavy-handed push to ram a set of “destination resorts” through the Florida Legislature. A poison-pill amendment, attached at the behest of parimutuels, would let existing slot houses go to … Continue reading
Posted in Boulder Strip, CityCenter, Cosmopolitan, Current, Economy, Entertainment, Florida, International, Macau, North Las Vegas, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal, Wall Street
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Woe on the North Strip
Owners of the Riviera and the Las Vegas Hilton published their respective annual reports and it wasn’t a good day for the north end of the Strip, where bargain-priced casinos fight a holding action against the market forces of the … Continue reading
Posted in Colony Capital, Colorado, Current, Economy, Goldman Sachs, International, MGM Mirage, Ohio, Riviera, Sahara, Sheldon Adelson, The Strip, Tourism, Wall Street
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Wynn makes the hit parade
For sanity’s sake, let’s turn from a buffoon (Donald Trump) to a serious individual. Namely, Steve Wynn, who’s been named to Barrons‘ list of the world’s 30 best CEOs. He’s up there surrounded by the likes of Warren Buffett, Jeff … Continue reading
Posted in CityCenter, Current, Genting, International, Internet gambling, Macau, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Wall Street
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Crazy, party of one
It’s been years — if not decades — since Donald Trump was taken seriously. Why should his publicity-stunt “presidential campaign” be any different? If Winston Churchill had nothing to offer his countrymen but blood, toil, tears and sweet, Trump has … Continue reading
Posted in Atlantic City, Current, Election, Sheldon Adelson, TV
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Caesars steals Riv’s thunder; Trouble in Adelsonia
Obviously, the headline from today will be approval by the Nevada Gaming Commission of a partnership between Caesars Entertainment and Israeli-owned, Gibraltar-based 888 Holdings. Since it is simultaneously getting permission to shack up with Internet casino operator 888 and opposing … Continue reading
Posted in California, Downtown, Election, Florida, Harry Reid, Hawaii, International, Internet gambling, Iowa, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Oscar Goodman, Politics, Regulation, Riviera, Sheldon Adelson, Sports, Tamares Group, Wall Street
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Adelson hits Florida speed bump
Gov. Rick Scott‘s big — and rather sudden — push to bring (more) private-sector casinos to Florida has run into a road block. The governor’s Tea Party base, of all people, is throwing up opposition … and not for the … Continue reading
Posted in Atlantic City, Current, Genting, Horseracing, Isle of Capri, Minnesota, Mississippi, New York, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Tourism, Tribal
5 Comments
What makes Sammy run?
Scarcely was the ink dry on Sahara owner Sammy “The Naz” Nazarian‘s announcement of the property’s May 16 closure than rumors began to fly about his endgame for the old gal. At S&G, we’re pretty certain that “The Naz” (™ … Continue reading
Posted in Alex Yemenidjian, Boyd Gaming, California, Carl Icahn, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Economy, Fontainebleau, Herbst Gaming, M Resort, Marketing, MGM Mirage, Penn National, Regulation, Riviera, Sahara, Sheldon Adelson, Tamares Group, The Strip, Tourism, Tropicana Entertainment, TV, Wall Street
9 Comments