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Category Archives: Sheldon Adelson
Burnt out at Marina Bay Sands; Winners in Atlantic City
Another day, another Las Vegas Sands executive falls by the wayside. In the case of Marina Bay Sands, it sounds like CEO Thomas Arasi has been burned out in what must have been a pretty intense 18 months at the … Continue reading
Fun with geography, Adelson-style
Thanks to a tip from reader detroit1051, S&G customers can avail themselves of this handy online tool. With it, you can pretend to be Sheldon Adelson, scissoring the State of Florida into 75-mile zones of exclusivity (because, being a super-patriot … Continue reading
Stanley Ho abdicates
So this is how Stanley Ho‘s world ends: Not with a bang but with the ancient casino vizier giving a televised address in which he laboriously delivered lines from a cue card and ceded control of his Sociedade de Turismo … Continue reading
The race for Florida is on
Emissaries from Las Vegas Sands and Wynn Resorts were in Tallahassee to woo Florida legislators yesterday. Also present was Boyd Gaming, which owns property in the Sunshine State and understandably doesn’t want to see solons crafting a sweetheart deal for … Continue reading
Posted in Boyd Gaming, Florida, Genting, Macau, Politics, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tribal
3 Comments
The gospel according to Sheldon
“People like to blame somebody,” he says. Exhibit A: Sheldon Adelson, whose operative motto is clearly, “When in doubt, find a scapegoat.” If you’re looking for accountability, the executives offices of Las Vegas Sands are the wrong place in which … Continue reading
Posted in Macau, Pennsylvania, Sheldon Adelson, Singapore, The Strip, TV
1 Comment
Wynn makes friends abroad, enemies at home
Steve Wynn has long prided himself on his good relations with the Culinary Union. However, those could soon be a thing of the past if he and front man Jesse Waits continue to extend Wynncore‘s tip-confiscation policies to Culinary-repped workers. … Continue reading
Posted in Current, Economy, Harrah's, Macau, Politics, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip
1 Comment
Adelson dealt a setback
Florida casinos, the latest pet project of Sheldon Adelson and new ally Gov. Rick Scott (R), got the back of the hand from Miami Beach‘s city commission. Since Miami Beach is the most desirable casino zipcode in the state, this … Continue reading
Posted in Arizona, Boyd Gaming, Current, Florida, Isle of Capri, Kansas, Politics, Racinos, Regulation, Sheldon Adelson, Tribal, Wall Street
1 Comment
Saved!
Illinois‘ casino industry just dodged a bullet the size of a 747 when the lower house failed to bring a gaming-expansion bill to a vote last night. A new Legislature is sworn in today, sending this colossally bad and ill-timed … Continue reading
Nevada’s November: rough sledding; Sunny Sheldon
If pressed for a prediction, I’d say 2011 will be a good year for the Strip, not so much for the rest of the Silver State. Just when I was feeling a bit queasy about November’s gaming revenues, Dr. David … Continue reading
Case Bets: Philadelphia, Trump; Adelson’s successor
Even outgoing Pennsylvania Gov. Ed Rendell (D) has thrown in the towel on a second Philadelphia casino. Now that he no longer has to gratify “george” campaign donors, Rendell says it may be time to look elsewhere in the state. … Continue reading
Posted in Atlantic City, Current, Economy, International, Isle of Capri, Macau, MGM Mirage, Pansy Ho, Pennsylvania, Sheldon Adelson, Singapore, Stanley Ho
1 Comment
Sheldon: I’ll take Florida
It’s amazing what a transformative effect a night’s stay at Venelazzo will have. After stopping by Sheldon Adelson‘s little pied-a-terre, Florida Gov. Rick Scott (left) has done a 180 on casino expansion in Florida. Now Scott, refreshed by an evening’s … Continue reading
Posted in Current, Economy, Election, Florida, Genting, Harrah's, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal
1 Comment
Happy New Year?
Since Las Vegas is looking at a 3.5% increase in visitation from New Year’s Eve 2009 and 98% occupancy, the answer is “Yes.” Thank God, because it hopefully means that an equivocal recovery on the Strip is finally gaining traction, … Continue reading
Let it (not) snow!; BP screws casinos
With Atlantic City currently in white-out mode, casino executives must be studying next weekend’s forecast and hoping that it holds true. A few days of above-freezing temperatures ought to give the Boardwalk a chance to melt and shovel its way … Continue reading
Sheldon’s Chinese box
Sheldon Adelson must have been a good boy this year. Santa left an extra present under his tree, in the form of probable approval by the Macau Land, Public Works & Transportation Bureau of apartment sales at 286-unit Four Seasons … Continue reading
Posted in Current, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Stanley Ho, Wall Street
Comments Off on Sheldon’s Chinese box
Oh little casino of Bethlehem
There’s a little something extra in the stockings of Pennsylvania casinos … a rather big something extra, actually. Keystone State casinos grossed 22% more than last November. Throw in a $15 million month at SugarHouse (below) and it’s a 31.5% … Continue reading
Posted in Economy, Harrah's, International, Neil Bluhm, Penn National, Pennsylvania, Planet Hollywood, Politics, Racinos, Sheldon Adelson, Tribal, TV, Wall Street
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NLRB deals Wynn a rebuke; The twilight of Stanley Ho
Steve Wynn has enjoyed so many victories in his long-running battle with his casino dealers that he was perhaps overdue for a loss. It came yesterday when the National Labor Relations Board ruled that Wynn Resorts had engaged in retaliation … Continue reading
Posted in Charity, Current, Election, Iowa, Kansas, Louisiana, Macau, Movies, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism, Tribal
1 Comment
Cosmopolitan: Towers of Babel
It’s here and it’s a sensory overload. If the severe CityCenter six-pack is a convent of Carmelite nuns, The Cosmopolitan of Las Vegas is a drag queen. It’s unstintingly flamboyant, often fabulous, unremittingly outrageous and campy as all get-out. On … Continue reading
Posted in Architecture, CityCenter, Cosmopolitan, Current, Dining, Entertainment, Fontainebleau, IGT, LVCVA, MGM Mirage, Movies, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism
8 Comments
Ameristar: No Sale; Bad news for Caesars
It’s back to business as usual for Ameristar Casinos, whose board decided “a sale is not in the best interests of the Company and its stockholders at this time.” Which is a nice way of saying there’s no bidding war … Continue reading
Posted in Ameristar, Boyd Gaming, Economy, Harrah's, Iowa, Kansas, Macau, MGM Mirage, Pansy Ho, Penn National, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Wall Street
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Sheldon Adelson is so busted
Congratulations, Sheldon Adelson! You’ve just upped your street cred — and become the butt of 1,001 pimp jokes. Is the Las Vegas Sands CEO going to start hangin’ with Snoop Dogg and 50 Cent (or maybe Eliot Spitzer and Hugh … Continue reading
Cosmo: The curious case of “the curious class”
It seems like David G. Schwartz is everywhere today. Las Vegas’ resident casino expert has not one but two stories out on The Cosmopolitan. From what he writes, Cosmo execs have convinced themselves they’ve reinvented the casino. It hinges upon … Continue reading