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Category Archives: Steve Wynn
Wynn’s big surprise; T-Mobile disappoints
As though seeking to steal the thunder from T-Mobile Arena, the ever-clever Steve Wynn used yesterday’s earnings call investor showcase to roll out a new project. If you have a spare $500, then use it to play Wynn Golf Club as … Continue reading
Wynn vs. Wynn II; T-Mobile Arena arrives
You’ve got to hand this to Elaine Wynn: She doesn’t give up easily. Her attorneys have filed their no less than fifth amended complaint and counterclaim. It references depositions from several Wynn Resorts board members, including former Nevada Gov. Bob Miller. It … Continue reading
Posted in CityCenter, Entertainment, history, MGM Mirage, Sheldon Adelson, SLS Las Vegas, Sports, Steve Wynn, The Strip
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Genting comes to Massachusetts; Trump impasse on the Strip
As the Mashpee Wampanoag were preparing to break ground on Project First Light, halfway around the world Genting Malaysia was revealing the details of its management contract with the tribe. Genting holds a seven-year pact, by way of its Genting … Continue reading
Posted in Culinary Union, Donald Trump, Election, Genting, Geoff Freeman, Massachusetts, Penn National, Phil Ruffin, Sports, Steve Wynn, Taxes, The Strip, Tribal
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Wynn vs. Wynn; ‘Believe’ gets a new name, focus
More details of Elaine Wynn‘s lawsuit against Wynn Resorts, CEO Steve Wynn and General Counsel Kim Sinatra are emerging. She barrages the three with a litany of complaints, one of which seems to imply that her ex got a company … Continue reading
Posted in Atlantic City, Cirque du Soleil, Election, Entertainment, Harrah's, Massachusetts, MGM Mirage, Neil Bluhm, New York, Politics, Regulation, Steve Wynn, The Strip
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Complications at the Riviera; PokerStars a hit in New Jersey
Implosion of the Riviera could occur as early as June, so doesn’t hesitate to have your picture taken in front of it. However, the timeline could be extended by a number of complications. Now that a demolition firm has been … Continue reading
Posted in Atlantic City, Boyd Gaming, Internet gambling, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Penn National, Regulation, Riviera, Steve Wynn, Technology, The Strip, Tribal
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Strong month for the Strip; Tohono O’odham win big-time
February gaming revenues were 8% higher in Nevada (to $990 million), with a 7% increase on the Las Vegas Strip. Locals-casino revenue rose 11%, driven in part by 4% more coin-in and 8% greater table play. Slot revenue on the … Continue reading
Posted in Arizona, Boulder Strip, California, Downtown, Economy, Lake Tahoe, Laughlin, Macau, North Las Vegas, Politics, Reno, Steve Wynn, The Strip, Tourism, Transportation, Tribal
1 Comment
Steve and Elaine: At it again
Elaine Wynn has a message for the Wynn Resorts board of directors, on which she used to sit: Set my stock free! She has filed a lawsuit to that effect, arguing that since Kazuo Okada has been ousted from the … Continue reading
Posted in Louisiana, Steve Wynn, Tourism
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Trouble at the Trop; Liberace resurgence in Vegas
After a methodical — or at least slow-moving — investigation, FBI agents dropped the hammer on Tropicana Las Vegas‘ resident illusionist, Jan Rouven. The latter is accused of felony child pornography, having allegedly had myriad violent child-porn images and videos … Continue reading
Posted in ABBA, Alex Yemenidjian, Economy, Entertainment, history, Law enforcement, Penn National, Riviera, Steve Wynn, The Strip, Wayne F. Newton
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Wynn Everett gets new name, brushes off criticism
Given his recent obstructionism of Wynn Everett, it should come as no surprise that Somerville Mayor Joseph Curtatone recently made it onto a list of “America’s Worst Politicians.” Presently, the Bostonian blowhard has been vowing to block Steve Wynn‘s project … Continue reading
Posted in International, Internet gambling, Massachusetts, Politics, Sheldon Adelson, Steve Wynn
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Adelson sets the pace; Philippine gaming scandal grows legs
As March gets off to a week start in Macao, operators who don’t yet have a presence on the giant landfill known as Cotai — namely Wynn Resorts, MGM Resorts International and Sociedade de Jogos de Macau — are being … Continue reading
Posted in Law enforcement, Macau, Marketing, Massachusetts, Melco Crown Entertainment, MGM Mirage, Penn National, Philippines, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street
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Wynn, Sands, Penn meet the Street
JP Morgan analyst Joseph Greff has had a busy week, meeting with most of the top companies in gaming. First up was Penn National Gaming, which had little new to report on the Tropicana Las Vegas other than it was … Continue reading
Posted in Economy, GLPI, Illinois, M Resort, Macau, Marketing, Massachusetts, Mississippi, Penn National, Sheldon Adelson, Singapore, Slot routes, Steve Wynn, The Strip, Wall Street
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Steve Wynn makes new friends; Freeman gets raked
Steve Wynn has found an unlikely ally in his fight against Somerville Mayor Joseph Curtatone: the Massachusetts environmental community. Activists joined politicians and developers at a media event headlined by Wynn Everett President Robert DeSalvio. Among the activities that have … Continue reading
Posted in Environment, Foxwoods, Geoff Freeman, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Sheldon Adelson, Steve Wynn, Tribal
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Nevada casinos wrangle with Buffett; Mashpee Wampanoag take the lead
We’ve written about the solar-panel installation atop Mandalay Bay‘s convention center and now the 20-acre array — soon to be the United States‘ largest — is making international headlines. The high priority on solar power at MGM Resorts International puts a … Continue reading
Posted in Environment, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Sheldon Adelson, South Korea, Steve Wynn, Technology, The Strip, Tribal, Wall Street
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Illinois casinos stave off competition; Palms potentially for sale
Despite being increasingly besieged by slot routes, Illinois casinos had a good February, up 5%. Foot traffic was 3% higher and customer spending rose 2%. Two operators had revenue-negative months, with MGM Resorts International off 1% at Grand Victoria Elgin, while … Continue reading
DFS’ stormy seas; Glimmer of hope for Macao
By charging blindly into uncharted waters, the daily fantasy sports industry has made a shipload of trouble for itself. Case in point, defunct (or at least comatose) DFS site FantasyUp. The latter pulled the rug out from under its customers, … Continue reading
Posted in California, Environment, Harry Reid, Internet gambling, Macau, Melco Crown Entertainment, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, Transportation, Wall Street
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Study: Triads rampant in Macao casinos
Wow, what a shocker — not. A new study by T. Wing Lo and Sharon Ingrid Kwok of the City University of Hong Kong for the British Journal of Criminology reports that casino operators look for junket partners who have ‘dor’ or … Continue reading
Posted in Election, Law enforcement, Macau, Marketing, Massachusetts, MGM Mirage, Neil Bluhm, Regulation, Rhode Island, Stanley Ho, Steve Wynn, The Mob, Tribal
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Scientific’s surprising results; Gaming advancing in Georgia
An upturn in the replacement cycle (8,990 slots shipped) helped Scientific Games post a 10% revenue increase last quarter. A mix of impairment charges, writedowns and consolidation costs led the mega-supplier to a $128 million loss for the quarter, but … Continue reading
Wynn Everett’s uncertain destiny; Buyer for F-blew?
Forget those plans you were making to visit Wynn Everett. The casino resort won’t open until 2019, maybe later. Somerville Mayor Joseph Curtatone has thrown a monkey wrench into the works with his appeal of Wynn Resorts‘ waterside-construction permit. In … Continue reading
Posted in Carl Icahn, Environment, Fontainebleau, Macau, Massachusetts, Sheldon Adelson, South Korea, Steve Wynn, The Strip
1 Comment
End of Caesars bankruptcy in sight?; Seminole compact upsized
One year and millions of pages of documents later, we’re nearing resolution in Richard Davis‘ investigation of the Caesars Entertainment bankruptcy. His report on the company’s attempted restructuring is due at year’s end. At its heart will be several controversial … Continue reading
Posted in Florida, Harrah's, Horseracing, Massachusetts, Penn National, Politics, Problem gambling, Regulation, Seminole Tribe, Sports, Steve Wynn, Technology
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