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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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Category Archives: Sheldon Adelson
Why does Steve Wynn hate America?
Or maybe the question should be, What was Steve Wynn smoking before he told CNBC "Money Honey" Maria Bartiromo that Wynn Macau was making more than all other 30 Macao casinos combined? Perhaps he meant his joint is the single-highest-grossing … Continue reading
Posted in CityCenter, Economy, Encore, Entertainment, Harrah's, International, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, Taxes, The Strip, TV
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What's a Trump casino worth?
Only $14 million in cash (plus a $100 million equity infusion), according to The Donald. Bondholders say, we’ll see your $115 million and raise you $100 million. The latter would recoup at least some — but not very much — … Continue reading
Posted in Atlantic City, Baseball, Current, Donald Trump, Fontainebleau, Harrah's, Harry Reid, Horseracing, Illinois, International, Internet gambling, Lawrence Ho, M Resort, Macau, Massachusetts, Melco Crown Entertainment, Neil Bluhm, Ohio, Oklahoma, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Sports, Station Casinos, Steve Wynn, Taxes, Texas, Tribal
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Case Bets: California crisis, M cutbacks, "Guiding Light" in LV, etc.
Ist California kaput? That’s the question posed by the The Observer and it makes for troubling reading. If Gov. Jim Gibbons (R-NV) is right that tourism from California is the carotid artery of Nevada‘s economy, then the Silver State is … Continue reading
Posted in Alex Yemenidjian, California, Current, Dining, Economy, Entertainment, Harrah's, International, M Resort, Macau, Sheldon Adelson, Stanley Ho, Tourism, TV
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$300 mil for F'bleau?
That’s the latest; namely, that Penn National Gaming will put down less than $300 million as a “stalking horse” bid on Fontainebleau. Penn would also be on the hook for the costs of the project’s bankruptcy proceedings. Potentially getting a … Continue reading
Posted in CityCenter, Economy, Fontainebleau, Harry Reid, James Packer, Macau, MGM Mirage, Penn National, Politics, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
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Want your ass kicked?
Then go hang out at Stack. If they don’t like your looks, the in-house goons will be sicced on you. And Las Vegans wonder at the schadenfreude so many people feel with regard to Sin City’s current doldrums. No magic … Continue reading
Posted in Colorado, Dining, Election, Harrah's, Illinois, MGM Mirage, Penn National, Pennsylvania, Sheldon Adelson, South Carolina, Taxes, The Strip, Tourism, Transportation
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From the mailbag #8
“Doesn’t the IOC realise it will be winter in Brazil in August, 2016?” — comment Blackberried in by a reader, regarding the award of the ’16 games to Rio de Janeiro. Y’know, I’d been wondering about that myself. The average … Continue reading
Macao's blockbuster month
A flurry of good news to end the week, starting in Macao: September, the first month affected by a relaxation of severe visa restrictions imposed on the mainland, saw a 53% jump in Macanese gambling revenues. In terms of market … Continue reading
Posted in CityCenter, Current, Economy, Entertainment, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism
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Adelson's rescuer?
Meet Wilbur Ross. He’s an investor of all trades with an appetite for distressed assets. And he’s turning his sights to the casino industry. In particular, he’s drawn a bead on “companies [who] are also looking at selling assets in … Continue reading
Posted in Animals, Atlantic City, Cannery Casino Resorts, CityCenter, Donald Trump, Entertainment, Horseracing, Macau, MGM Mirage, New York, Sheldon Adelson, Sports, Tribal, TV, Wall Street
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Adelson's rescuer?
Meet Wilbur Ross. He’s an investor of all trades with an appetite for distressed assets. And he’s turning his sights to the casino industry. In particular, he’s drawn a bead on “companies [who] are also looking at selling assets in … Continue reading
Posted in Animals, Atlantic City, Cannery Casino Resorts, CityCenter, Donald Trump, Entertainment, Horseracing, Macau, MGM Mirage, New York, Sheldon Adelson, Sports, Tribal, TV, Wall Street
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Case Bets: Wynn in Macao, "Peepshow" strips down
• Steve Wynn is accelerating his timetable for developing on the Cotai Strip™. If Wynn continues to learn from his early miscalculations (and I see no reason to expect otherwise), a gaming-centric Wynn Resorts property on Cotai is a far … Continue reading
Posted in California, Economy, Entertainment, Harry Reid, Macau, Planet Hollywood, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Transportation
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Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)
Pay taxes, that is. Two Indiana racinos are pushing back against a tax rate that averages 38%. Considering that the two tracks — one run by Cordish Gaming — are the newbies on the Hoosier State scene, one could fairly … Continue reading
Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Cordish Co., Cosmopolitan, Fontainebleau, Harrah's, Horseracing, Indiana, International, MGM Mirage, Penn National, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tribal, Wall Street
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Crime doesn't pay; Wyden wimps out
Five dimes worth of damage, $40,000 bail — and all to wrest a measly two grand from some vending machines at Harrah’s Atlantic City. That’s the losing bet made by two security guards. Couple this with the floormen who destroyed … Continue reading
Posted in Atlantic City, Harrah's, Harry Reid, Horseracing, Internet gambling, Louisiana, Neil Bluhm, Ohio, Oklahoma, Pennsylvania, Planet Hollywood, Politics, Sheldon Adelson, Technology, Wall Street
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Atlantic City sucks …
… says the Motley Fool, in essence. Even Borgata, which posted a higher operating profit year/year, is deemed merely to suck less than everybody else. I’m not sure I’m with the Fools on this one. For instance, shouldn’t Sands Bethlehem … Continue reading
Posted in Ameristar, Atlantic City, Carl Icahn, Colorado, Detroit, Donald Trump, Florida, Internet gambling, Macau, MGM Mirage, Pinnacle Entertainment, Regulation, Sheldon Adelson, Stanley Ho, Tribal, Wall Street
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'Phantom' fans hit Vegas
Heaven knows, there are conventions for soap operas, sitcoms and every iteration of science fiction (I’ve been to more than a few of the latter). But a fan convention for a Broadway show? That’s unheard of. Yesterday, fans of Phantom … Continue reading
Posted in Colony Capital, Current, Entertainment, Harrah's, Marketing, Sheldon Adelson, The Strip, Tourism, TV
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Twitter, ergo sum
OK, so we still can't upload photos but we can sort of link, thanks to a workaround. In the meantime, Las Vegas Advisor is plentifully available on Twitter. We have … LVA_Tweet (1,791 followers). "This one aggregates [Question of the … Continue reading
Posted in Alex Yemenidjian, Entertainment, Harrah's, Sheldon Adelson, Technology, The Strip, TV
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Blimps on the radar
Dipping into the dispatch box, S&G finds the following tidbits, courtesy of the nice people at J.P. Morgan: Alex Yemenidjian is serious about revamping the Tropicana Las Vegas. He's just inked a contract with Bally Technologies for a player-tracking system … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Bally Technologies, CityCenter, Detroit, Economy, Lake Tahoe, Laughlin, LVCVA, Marketing, MGM Mirage, North Las Vegas, Reno, Sheldon Adelson, Station Casinos, The Strip, TV
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From the mailbag #4: California, tech troubles & 'resort fees'
Reader Kerr Mudgeon is less than amused by a recent dig at the cuisine offered by Commerce Casino to California firefighters. He writes: "The firefighters can go to numerous other nearby eateries if they don't like the FREE meals offered … Continue reading
Posted in Boulder Strip, Boyd Gaming, California, Current, Harrah's, Marketing, MGM Mirage, Morgans Hotel Group, Planet Hollywood, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism
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Optimism in Macao, euphoria at CityCenter
Relaxation of stringent visa restrictions from Guangdong Province came a full four months sooner than expected, starting Sept. 1. Now, residents will be able to visit Macao once a month instead of quarterly. While this has prompted J.P. Morgan to … Continue reading
Posted in Ameristar, Architecture, Atlantic City, Bally Technologies, Boulder Strip, Boyd Gaming, California, CityCenter, Cordish Co., Current, Economy, Entertainment, IGT, Indiana, Kansas, Macau, MGM Mirage, Penn National, Pinnacle Entertainment, Planet Hollywood, Sheldon Adelson, Station Casinos, Technology, The Strip, Wall Street, WMS Industries
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Many thanks …
… to everyone who wrote in and overwhelmed us with messages of condolence regarding the late Shadow. Time doesn't permit writing individual replies to each and every one of you, although you have touched my heart deeply. So thanks go … Continue reading
Posted in Animals, Current, Pets, Sheldon Adelson, Technology
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