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Category Archives: Stanley Ho
This just in: Stanley Ho is mobbed up
Yeah, I know … no shit, Sherlock. With the notable exception of the Las Vegas Business Press‘ Matt Ward, precious few journalists have been willing to come forward and report what everybody’s tacitly agreed, ever since the Macanese casino market … Continue reading
Posted in Atlantic City, Current, International, Macau, MGM Mirage, Pansy Ho, Regulation, Stanley Ho, The Mob
3 Comments
Capping Macao
Compared to the acrimony currently flowing on the Strip, a stunning new policy directive from across the Pacific practically qualifies as “happy-talk news” … With casino revenues increasing at a jet-propelled pace, China has yet again applied the brakes to … Continue reading
Posted in Current, International, Macau, Plaza, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tourism, Wall Street
6 Comments
Dare to compare
This compare-and-contrast montage of MGM Grand Macau, Wynn Macau and Sociedade de Jogos de Macau‘s Grand Lisboa provides a mini-education. At first blush, the MGM property looks a mite too fancy for its own good, though it compares favorably to … Continue reading
Posted in Architecture, Encore, Macau, MGM Mirage, Pansy Ho, Stanley Ho, Steve Wynn, The Strip
2 Comments
Macao’s big ass-month
Casinos in Macao blew way past expectations, raking in $1.6 billion last month (a 70% increase). Stanley Ho‘s SJM widened its lead on Las Vegas Sands, although the latter had more market share (20%) than MGM Grand Macau and Galaxy … Continue reading
Posted in Architecture, Atlantic City, Economy, Environment, Florida, Genting, Harrah's, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Strip, Tribal, Wall Street
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Case Bets: Wynn in Philly, topless in Vegas, Pegasus crashes
It’s a slow news day in the industry, though not without its amusing elements. For instance, the Philadelphia Inquirer devoted a significant amount of ink to the weighty question of whether half-dozen casinos in the greater Philly area might be … Continue reading
Caveat emptor!
Casinos are a good investment — provided they’re outside the United States. That’s pretty much the bottom line, as seen through the rose-colored spectacles of blogger Martin Spring. He likes Genting Bhd and Internet-casino operator bwin Interactive Entertainment. Fine with … Continue reading
Posted in Genting, International, Internet gambling, James Packer, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street
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Feast or famine
While we in Las Vegas struggle to reconcile long nightclub lines and (depending on which casino you visit) full gaming floors with but smallish increases in revenue and visitation, it’s one big-ass Christmas over in Macao. Revenue skyrocketed 63% last … Continue reading
Posted in Boyd Gaming, Economy, Entertainment, Harrah's, Harry Reid, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip
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Quote of the Day
“Once visiting Oceanus, one can see why it is not having a negative impact on Sands [Macao] (the quality of properties are vastly different).” — J.P. Morgan analyst Joseph Greff, politely dissing Stanley Ho‘s newest gambling den, built in a … Continue reading
Posted in Macau, Sheldon Adelson, Stanley Ho, Wall Street
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Macao’s big bounce
Why is this man smiling? Gambling revenue in Macao jumped a whopping 48% last month, as customers left $1.4 billion in casino coffers. No surprise, Stanley Ho‘s casinos continued to maintain their 30% market share, followed by Sands China at … Continue reading
Posted in Current, James Packer, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Politics, Sheldon Adelson, Stanley Ho, Steve Wynn
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Stanley Ho vs. MGM Mirage
Whose casino would you rather visit … … Stanley Ho‘s Oceanus at Jai Alai or … … MGM Mirage‘s CityCenter? I’ll bet you’ve never heard a megaresort described as a “campus” before. True, CityCenter has Henry Moore and Maya Lin … Continue reading
Posted in Architecture, Macau, Mesquite, Sheldon Adelson, Singapore, Stanley Ho, The Strip
3 Comments
Case Bets: Greektown, Adelson, Philadelphia & Stanley Ho
If a management company increases your revenues in the teeth of the Great Recession — and despite your casino’s well-publicized financial problems — what do you do? Kick them out, of course, if you’re Greektown Casino and you’ve no further … Continue reading
Posted in Current, Detroit, Macau, Massachusetts, Neil Bluhm, New York, Pennsylvania, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal
3 Comments
Loveman loves him some Macao
By now the saga of Harrah’s Entertainment‘s Macanese golf course is the stuff of legend: a $578 million golden albatross around the company’s neck and a metaphor for the company’s misfortune-prone international strategy. While some of CEO Gary Loveman‘s ventures … Continue reading
Case Bets: Pinnacle, Macao, Sahara & Mirage
No trouble in River City: The opening of Pinnacle Entertainment‘s River City casino complex has leapt forward from May to March. Bully for Pinnacle, if this means that the project is going to be finished ahead of schedule. If this … Continue reading
Join the 104!
Just a quick programming note: If you’re not among the 104 — count ’em — Twitter followers of S&G, I’d recommend it for the following reason. There’s many a news story (like Stanley Ho‘s mysterious surgeries) that doesn’t even rise … Continue reading
Posted in Current, Stanley Ho, Technology
2 Comments
Is Adelson mad? Trump trumped & Kerzner booted
In an interview with Reuters, Sheldon Adelson said Las Vegas Sands might launch operations in India, Thailand and Japan as soon as 2010. Given the ropey financial condition of his company, the fact that Marina Bay Sands will open at … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Current, Detroit, Donald Trump, Economy, Genting, Harrah's, International, Kansas, Macau, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Planet Hollywood, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Taxes, Tourism, Tribal
1 Comment
Strip bottoming out
September’s Nevada gaming revenue numbers are in and the good news is that the Strip is only -4% year/year. (Strip revs were down all of ’08 but didn’t fall off the cliff until October, when they tumbled 26%.) This makes … Continue reading
Posted in Aristocrat, Boulder Strip, Boyd Gaming, Columbia Sussex, Current, Economy, G2E, Harrah's, Herbst Gaming, International, Isle of Capri, Macau, Mesquite, Ohio, Reno, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, The Strip, Tourism, Transportation, Wall Street
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Wynn bails on N.Y.
As they come into the backstretch on the bidding for a racino at New York‘s Aqueduct Racetrack, one contender has pulled out of the race: Steve Wynn. Did he balk at the $200 million upfront fee? Penn National Gaming basically … Continue reading
Posted in Current, Downtown, Economy, Florida, Harrah's, Macau, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tilman Fertitta, Transportation, Tribal, Wall Street
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Mermaids in Macao
Some lovely footage, mostly for the heck of it, although indicators continue to suggest that Steve Wynn got into the Hong Kong bourse at just the right moment and Sheldon Adelson will miss the tide.
Posted in Economy, Lawrence Ho, Macau, Melco Crown Entertainment, Sheldon Adelson, Stanley Ho, Steve Wynn
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