Category Archives: Station Casinos

Sheldon’s smokin’ (something)

If any other gaming CEO than Sheldon Adelson opened the most expensive casino ever ($5.5 billion) and projected it would recoup its tab in five years — requiring a return on investment well above 20% when you take operating costs … Continue reading

Posted in Atlantic City, Colony Capital, Entertainment, Fontainebleau, Harrah's, International, Macau, Marketing, Penn National, Pennsylvania, Planet Hollywood, Sheldon Adelson, Singapore, Station Casinos, Wall Street, World Series of Poker | 2 Comments

Harrah’s red-headed stepchild

If we (you, me, everybody) had a dollar for ever time we heard a rumor that Harrah’s Entertainment was putting The Rio on the block, we could pool enough moolah to amortize CEO Gary Loveman‘s recent $100,000 pay cut. Our … Continue reading

Posted in Archon Corp., Atlantic City, Current, Economy, George Maloof, Harrah's, International, James Packer, Laughlin, Planet Hollywood, Station Casinos, The Strip, Wall Street | 10 Comments

Ozzy has left the building

Rock-based revues and tribute shows are biting the dust left and right, according to our LVA research staff. As the Riviera (whose workforce has been allegedly reduced by 60%) creeps toward the grave, Masters of Rock preceded it last Saturday, … Continue reading

Posted in Current, Economy, Entertainment, Planet Hollywood, Riviera, Station Casinos, The Strip | 1 Comment

Condos in Vegas … still? Manilow in Vegas … again

Undeterred by the complete tanking of the high-rise-condo market in Las Vegas, joint-venture partners Station Casinos and Fisher Bros. had still planned a pair of condo towers on or very near where Richfield Village currently stands (above). That’s probably the … Continue reading

Posted in Cirque du Soleil, CityCenter, Current, Entertainment, Harrah's, Michael Gaughan, Station Casinos, The Strip, Wall Street | 4 Comments

Gold Strike Tunica exonerated; “Trek” frittered away

The honor of MGM Mirage‘s Gold Strike Tunica has been restored by reader Sin City Cyn, who writes: “Speaking of resort fees … I promised to report back on the pool fee situation at Tunica’s Gold Strike. I’m happy to … Continue reading

Posted in Colony Capital, Current, Downtown, Entertainment, MGM Mirage, Mississippi, Station Casinos, Tourism, TV | 5 Comments

A comment on “Comments”

Due to an as-yet-inexplicable malfunction in our blogging software, all comments, regardless of provenance — yes, even mine — are shunted directly into “Spam.” Since I no longer receive notification of the arrival of a comment that may require moderation … Continue reading

Posted in Current, Entertainment, Harrah's, Ohio, Station Casinos, Steve Wynn, Technology, The Strip, Tourism, TV, Wall Street | 2 Comments

Wynn & the Ship of Phools

Whisking in just under the wire, Wynn Resorts submitted its financing package for the soon-to-be-ex-Foxwoods casino project in Philadelphia. Evidently Steve Wynn has thought better of slugging his new casino “SW,”* as reflected at left in the photo taken by … Continue reading

Posted in Architecture, Cannery Casino Resorts, Macau, Neil Bluhm, Pennsylvania, Politics, Regulation, Station Casinos, Steve Wynn, Tribal, Wall Street | 7 Comments

Solitude at Trump

As the old saying goes, I have so much to do that I am going to bed. Actually, no, but I’m still wrapping my feeble brain around the double-whammy of the Station Casinos bankruptcy proposal and the brewing triads-at-Sands Macao … Continue reading

Posted in Donald Trump, Economy, Macau, Pennsylvania, Phil Ruffin, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Mob, The Strip, Tourism | 7 Comments

$290 million for Borgata

That’s what MGM Mirage’s half is expected to bring and it won’t happen until next year, according to J.P. Morgan‘s latest set of estimates. We could debate whether or not MGM should have started shopping the place a year ago, … Continue reading

Posted in Atlantic City, Boyd Gaming, Current, Economy, Harrah's, International, Macau, MGM Mirage, Pansy Ho, Regulation, Station Casinos, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off on $290 million for Borgata

Mystery solved (sorta)

It would seem that all your comments, dear readers, have been getting shunted straight into “Spam” without so much as a by-your-leave to me as to whether they should be approved, edited, moderated or whatever. I’ve liberated approximately messages from … Continue reading

Posted in Current, Downtown, Economy, Station Casinos, The Strip, Tourism | Comments Off on Mystery solved (sorta)

A Cosmopolitan by any other name …

… is still a long way from completion. A silly lawsuit has been settled, an extremely cosmetic change of name has been agreed upon (meaning that Cosmo The Casino is the de facto winner over Cosmo The Mag). We’re told … Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, CityCenter, Cosmopolitan, Current, Dining, Entertainment, MGM Mirage, Planet Hollywood, Politics, Station Casinos | 3 Comments

What are …

… three casinos, two golf courses, a shooting range, a bunch of condos and some miscellaneous real estate worth? If they’re in Mesquite and they’re owned by the disaster area that is Black Gaming, they’re worth no more than $90 … Continue reading

Posted in Cirque du Soleil, CityCenter, Economy, Entertainment, Marketing, Mesquite, MGM Mirage, Station Casinos, The Strip | 4 Comments

Love Train

As in the flowering bromance between Sen. Harry Reid (D-NV) and mouthpiece-for-hire Sig “The Fixer” Rogich. The former, a longtime supporter of a proposed maglev train betwixt Las Vegas and Anaheim, switched his allegiance to Rogich’s Choo-Choo-to-Nowhere, by the strangest … Continue reading

Posted in Archon Corp., California, Economy, Election, Herbst Gaming, Politics, Station Casinos, Taxes, Tourism, Transportation | 10 Comments

CityCenter: Guilty by association

This new attack ad, fired today, represents the latest salvo in what might be called The War Over CityCenter. Sen. Harry Reid (D-NV), not having been shy to take credit for CityCenter’s completion, is fair game. Where the ad may … Continue reading

Posted in CityCenter, Colony Capital, Current, Dubai, Economy, Election, Entertainment, Harrah's, Harry Reid, International, MGM Mirage, Planet Hollywood, Politics, Regulation, Riviera, Station Casinos, Taxes, The Strip | 2 Comments

Pennsylvania: Give Adelson a break; Harrah’s latest excuses

While principle dictates that Las Vegas Sands ought to be held to the terms of its agreement with the State of Pennsylvania, recent developments give one pause. Namely, why should Steve Wynn get favorable treatment enjoyed by no other casino … Continue reading

Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Economy, George Maloof, Harrah's, Illinois, Louisiana, Neil Bluhm, Pennsylvania, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street | 3 Comments

The best-paying gig in Las Vegas

It probably belongs to any of the army of lawyers toiling for Station Casinos … or for co-owner Colony Capital … or for individual board members, including director Dr. James Nave. The latter — who used to serve on the … Continue reading

Posted in Boulder Strip, Current, Entertainment, Station Casinos, Wall Street | 4 Comments

Chronicle of a Black foretold; River City looking good

Randy Black, that is. The CEO who ran the Mesquite market straight into the ground (with a sizable assist from the Nevada Gaming Control Board and Gaming Commission) and turned the former Si Redd’s Oasis into a slot route — … Continue reading

Posted in Archon Corp., Boyd Gaming, Current, Don Barden, Election, Harry Reid, IGT, Mesquite, Michael Gaughan, Midnight Jim Gibbons, Pinnacle Entertainment, Planet Hollywood, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, TV, Wall Street, WMS Industries | 1 Comment

Adelson, Earl & a paper tiger

Opening a drowsy eye, the Las Vegas Review-Journal belatedly took note of Las Vegas Sands‘ Singapore project, although the story was just a puff piece (perhaps because its writer used to toil in Vegas’ PR shops, including a stint at … Continue reading

Posted in Archon Corp., Current, Economy, Genting, Harrah's, Lake Las Vegas, Planet Hollywood, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Wall Street | Comments Off on Adelson, Earl & a paper tiger

Harrah’s: too big to fail

Take a good look at that fresh-faced man to the left. His name is Jonathan Halkyard and he’s the CFO of Harrah’s Entertainment. If he seems like a kid who’s running up a reckless tab on Dad’s credit card, blame … Continue reading

Posted in Atlantic City, Harrah's, Herbst Gaming, James Packer, Lake Tahoe, Melco Crown Entertainment, Ohio, Planet Hollywood, Racinos, Station Casinos, The Strip, Wall Street | Comments Off on Harrah’s: too big to fail

See Laughlin and die

It’s standard industry practice to jam slot machines up as close to the front door as humanly possible. Hell, if they could put them out on the street, they would. (Casino Royale actually has machines on the Strip, but they’re … Continue reading

Posted in Dining, Entertainment, Laughlin, Macau, MGM Mirage, Sheldon Adelson, Sports, Station Casinos, The Strip, TV | 8 Comments