Category Archives: Singapore

Worst operator of 2011; GSA’s wrong amount of wrong

Worst of the year? That’d be Grand Station Casino, a former Harrah’s riverboat in Vicksburg, and its owners, Delta Development & Investments. They managed to parlay a $3.25 million steal of a casino that could have gone for $35 million … Continue reading

Posted in Atlantic City, Bally Technologies, Culinary Union, Current, Economy, Harry Reid, M Resort, Macau, Marketing, Mississippi, North Las Vegas, Penn National, Politics, Sheldon Adelson, Singapore, Station Casinos, The Strip, Tourism | 2 Comments

Singapore: Many called, two chosen; Tunica catches a break

VIP junket operators are coming to Singapore, J.P. Morgan stock analysts reported. Actually, they’re already there in the form of “shadow junkets,” according to Singaporean media. And if Las Vegas Sands or Genting Berhad are knowingly dealing with illegal junketeers, … Continue reading

Posted in Colorado, Current, Economy, Florida, Genting, Internet gambling, Louisiana, Macau, Marketing, Mississippi, Oklahoma, Pokergeddon, Politics, Regulation, Sheldon Adelson, Singapore, South Carolina, Stanley Ho, Taxes, Technology, Wall Street | 1 Comment

Adelson minions visit Encore: Big Gaming courts Wall Street

There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia | Comments Off on Adelson minions visit Encore: Big Gaming courts Wall Street

Wynn vs. Okada: Shooting the messenger; Ship of fools

Stung by accusations from Wynn Resorts that erstwhile Shareholder #1 Kazuo Okada had been greasing palms at PAGCOR, prompt action was taken by the Philippines House Committee on Games & Amusements. It promptly banned … Steve Wynn. This comical, “circle … Continue reading

Posted in Ameristar, Bally Technologies, Carl Icahn, Columbia Sussex, Harrah's, International, Macau, Massachusetts, MGM Mirage, Mississippi, Penn National, Regulation, Singapore, Steve Wynn, Tribal, Tropicana Entertainment, Wall Street | 2 Comments

Gaughan expands empire … and sundry other Case Bets

Having already taken charge of the hotel operations of the JW Marriott Las Vegas Resort & Spa (for historical purposes, best known as The Resort at Summerlin) last summer, Michael Gaughan Jr. will now extend his operational control to its … Continue reading

Posted in Current, Dining, Entertainment, Georgia, Harrah's, International, Macau, MGM Mirage, Michael Gaughan, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tourism | Comments Off on Gaughan expands empire … and sundry other Case Bets

Biloxi: Isle out, Landry’s in; Grind joints come to Atlantic City

Not even a rocky start in Atlantic City has cooled the ardor of Landry’s Restaurant CEO Tilman Fertitta for new casino acquisitions. Earlier today Landry’s announced that it had bought Isle Casino Hotel, putting Fertitta into the Biloxi market. The … Continue reading

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Downtown, Isle of Capri, Marketing, Massachusetts, Pennsylvania, Singapore, Steve Wynn, Tilman Fertitta, Wall Street | 2 Comments

Singapore surges to all-time highs

Thanks to Marina Bay Sands (left) and Resorts World Sentosa, the city-state of Singapore posted record levels of tourism (13 million souls, a 13% increase) last year. While overall tourism-related revenues leapt 17%, entertainment spending — which of course includes … Continue reading

Posted in Current, Economy, Genting, International, Regulation, Sheldon Adelson, Singapore, Tourism | Comments Off on Singapore surges to all-time highs

Sunshine State sap

Backers of Florida casinos, working under the rubric of Associated Industries of Florida, evidently take voters down there for simpletons. Their ‘See Spot Run’ pitch for casino-based destination resorts describes something that sounds very much like Venelazzo or Wynncore, then … Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, Florida, history, Macau, Marketing, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Tourism, Tribal | Comments Off on Sunshine State sap

Pride and Pepto-Bismol

Santa Claus was a little over-generous this year, was my waning flu was topped off with a Christmas Night onset of acid reflux, in St. Nick-sized portions. Being almost 40 lbs. overweight, feeling the tightness in my chest, and with … Continue reading

Posted in Cretins, Current, Dining, history, Illinois, International, Macau, Singapore, The Strip | 5 Comments

Pennsylvania gives thanks; Aqueduct, superstar

This has been a terrible fortnight for S&G but, hey, we’ve got some good news from Pennsylvania. Last month’s gambling revenues were reported this morning and they’re up 12%, thanks mostly to the growing popularity of table games. (Atlantic City, … Continue reading

Posted in Atlantic City, Bally Technologies, Cannery Casino Resorts, Current, Economy, Genting, IGT, Illinois, Macau, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Tribal, Wall Street, WMS Industries | 2 Comments

Boyd: Trapped in Florida; Sands muzzled in Singapore; Good vibes in Macao

This is a good time to be in Florida, right? Not if you’re Boyd Gaming and have been trying to unload Dania Jai-alai, souvenir of a half-assed venture into the Sunshine State’s racino market. The company has scrapped an $80 … Continue reading

Posted in Boyd Gaming, Colony Capital, Current, Economy, Genting, Harrah's, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Strip, Wall Street | Comments Off on Boyd: Trapped in Florida; Sands muzzled in Singapore; Good vibes in Macao

Sanguine Sands; Genting vs. Islamofascism; Arkansas vs. Missouri

Las Vegas Sands dispatched its international overseer, Rob Goldstein (right) and sidekick Dan Briggs to New York as envoys to Wall Street. As reported by J.P. Morgan‘s Joseph Greff, Sands’ outlook is sanguine, particularly with regard to the Singapore and … Continue reading

Posted in Architecture, Atlantic City, Colony Capital, Economy, Election, Florida, Genting, Goldman Sachs, International, Macau, Massachusetts, Missouri, Politics, Sheldon Adelson, Singapore, Taxes, Texas, The Strip, Tourism, Wall Street | 2 Comments

Atlantic City: Fertitta struggling, Gomes triumphing, Boyd steady

No surprise that Borgata remains in a class by itself among Atlantic City resorts. It finished October at 0.0% deviance from last year, as flat as “flat” can be. The lone gainer in the market was Resorts Atlantic City, up … Continue reading

Posted in Atlantic City, Colony Capital, Current, Dennis Gomes, Detroit, Donald Trump, Economy, Genting, Harrah's, Melco Crown Entertainment, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tilman Fertitta, Tourism, Tropicana Entertainment, Wall Street | 1 Comment

Domino effects

“Prior to the official opening, a 60-minute opening ceremony was held outside of the main entrance to the casino, where local and state politicians patted each other on the back for finally getting the casino opened, a mere 10 years … Continue reading

Posted in Atlantic City, Colony Capital, Culinary Union, Current, Detroit, Economy, Election, Florida, Harrah's, Horseracing, Isle of Capri, Kentucky, Maine, Massachusetts, MGM Mirage, Politics, Problem gambling, Racinos, Regulation, Singapore, Slot routes, Taxes, Tourism, Tribal | 1 Comment

Monopoly over Miami

A recent visitor to Las Vegas from the Pacific Rim told me that Sheldon Adelson has worn out his welcome in Macao (which is on pace to eclipse all other gaming markets combined) and is fast doing so in Singapore. … Continue reading

Posted in Archon Corp., Current, Economy, Florida, Genting, Harrah's, Internet gambling, Laughlin, Macau, Massachusetts, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Taxes, Wall Street | Comments Off on Monopoly over Miami

Sheldon Adelson, casino opponent

You read that right: El Bombastico has developed a sudden concern that adding 9,000 slots to Florida‘s existing inventory of 15,000 “will saturate the market with too many games,” in the words of the Miami Herald. In other words, there … Continue reading

Posted in Architecture, Atlantic City, Colony Capital, Columbia Sussex, Current, Economy, Florida, Genting, Regulation, Singapore, Taxes, Tribal, Tropicana Entertainment | 1 Comment

“Is gaming recession-proof?” Seriously.

Before you snicker at CNBC, it’s asking the question in the context of Asia (read: China), where recessionary issues are not (yet?) the concern that they are in the United States. The across-the-Pacific reach of Genting Bhd, an emerging power … Continue reading

Posted in Current, Economy, Genting, International, Macau, Singapore | Comments Off on “Is gaming recession-proof?” Seriously.

Thaw in Massachusetts? Hilton has left the building

After screwing the pooch in the previous legislature, it looks as though Gov. Deval Patrick (D-MA) and state lawmakers are finally on the same page regarding casino expansion in the Bay State. Analyst Joseph Greff rates the solons’ chances of … Continue reading

Posted in Atlantic City, Bally Technologies, Colony Capital, Current, Economy, Genting, Horseracing, IGT, Isle of Capri, Kansas, Marketing, Maryland, Pennsylvania, Politics, Racinos, Regulation, Singapore, Taxes, The Strip, Tourism, Tribal, Wall Street, Warner Gaming, WMS Industries | 2 Comments

Spinmeister Santo

Remember how the Union Plaza used to be on track for a “grand soft reopening” (love that phrase!) on August 24? Somewhere along the way, that target date fell by the wayside. Solution? Generate a blizzard of stories like this … Continue reading

Posted in Architecture, Carl Icahn, Current, Downtown, Entertainment, Fontainebleau, Herbst Gaming, Sheldon Adelson, Singapore, Tamares Group, Technology, Tourism | Comments Off on Spinmeister Santo

Sheldon Adelson, stiff?

Why would a man whose company shells out $2.5 million a year for a personal security detail balk at paying an extra hundred grand? (Las Vegas Sands has an interesting defense: We didn’t break the law … and, if we … Continue reading

Posted in Cosmopolitan, Economy, Harry Reid, Macau, Regulation, Singapore, Station Casinos, Steve Wynn, The Strip, Tropicana Entertainment, Wall Street | 1 Comment