Category Archives: Steve Wynn

A Tale of Two Resorts

As everyone knows, both Palms Casino Resort and M Resort recently changed hands, the former going to a pair of hedge funds and the latter to Penn National Gaming. Penn broke with industry tradition by keeping property CEO Anthony Marnell … Continue reading

Posted in Current, George Maloof, Hard Rock Hotel, Harrah's, Laughlin, M Resort, Marketing, MGM Mirage, Morgans Hotel Group, Penn National, Sheldon Adelson, Sports, Steve Wynn, Taxes | 13 Comments

Genting’s amphibious strategy

There may not be Vegas-style casinos in Florida yet (at least not non-tribal ones) but Genting Bhd is taking a gamble of its own. While Sheldon Adelson talks about putting $3 billion into the Miami area, Genting is already doing … Continue reading

Posted in Economy, Florida, Genting, Harrah's, International, Macau, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal | 2 Comments

Coming (not so) soon: Wynn Singapore?!?!

Steve Wynn‘s next big project won’t be in Japan … or Philadelphia … or Boston. According to the tycoon, his “next goal in life” will be to open a Singapore megaresort. Yeah, the same Singapore out of which Wynn bailed … Continue reading

Posted in Atlantic City, Boyd Gaming, California, Genting, George Maloof, Harrah's, International, Massachusetts, MGM Mirage, North Las Vegas, Pennsylvania, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Tourism, Transportation | 1 Comment

This is interesting …

A congressional candidate from Nevada has launched his campaign with this Red Scare-style (and somewhat jingoistic) blast at the nation upon whom some of the state’s largest employers — Las Vegas Sands, Wynn Resorts and MGM Resorts International — depend … Continue reading

Posted in Economy, Election, Harrah's, International, Macau, Marketing, MGM Mirage, Michael Gaughan, Politics, Sheldon Adelson, Steve Wynn | Comments Off on This is interesting …

Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading

Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street | Comments Off on Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

They’ve seen the future …

… and it’s Singapore. That’s good news if you’re Sheldon Adelson, less auspicious if you’ve got a weak track record as a developer (coughCaesars Entertainmentcough). And if Chad Mollman‘s correct, does this mean Steve Wynn has soured on his proposed … Continue reading

Posted in Architecture, Election, Harrah's, Harry Reid, International, Internet gambling, Massachusetts, New York, Pokergeddon, Politics, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Texas, Tourism, Tribal | 1 Comment

“[sic] semper tyrannis”; Sahara Sam’s rummage sale

One quickly becomes inured to mobile billboards in Las Vegas, lurching about the streets. (The billboards, not me.) But the one I saw this morning en route to work was an eye-grabber: “No mas en Stations [sic]” it read. The … Continue reading

Posted in Culinary Union, Current, Downtown, Marketing, Sahara, Station Casinos, Steve Wynn, Tamares Group, The Strip | 1 Comment

Loveman: Norton, you’re not the greatest; Another seesaw in Macao

Caesars Entertainment Chief Marketing Officer David Norton, developer of Total Rewards, got his walking papers yesterday. The old “pursuing other interests” excuse was deployed; familiar industry code for “Don’t let the doorknob hit you on the way out.” Publicly, CEO … Continue reading

Posted in Ameristar, Current, Economy, Harrah's, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Penn National, Pinnacle Entertainment, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn | 1 Comment

Steve Wynn, Las Vegas Vegan; Where the Boomer bux have gone

As he will tell anybody who listens, Wynn Resorts CEO Steve Wynn is not only a Las Vegan but a Las Vegas vegan. There’s no zealot like a convert and Wynn (the only casino boss to whom the term “genius” … Continue reading

Posted in Architecture, Cosmopolitan, Dining, Donald Trump, Economy, Encore, Entertainment, Steve Wynn, Tourism, TV, Wall Street | 3 Comments

Atlantic City on the mend; Trump: Fish or cut bait?; Mike Ensign’s woes

My apologies for attenuated bloggery today but a swarm of deadlines presses upon me, including coverage of the demise of 104-year-old Huguette Clark, daughter of Sen. William A. Clark, from whom Clark County takes its name. You’ll find a lengthy … Continue reading

Posted in Alex Yemenidjian, Architecture, Atlantic City, Boyd Gaming, Carl Icahn, Charity, CityCenter, Colony Capital, Current, Dan Lee, Dennis Gomes, Donald Trump, Downtown, Economy, Election, Environment, Harrah's, history, Isle of Capri, Marketing, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Planet Hollywood, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Wall Street | 4 Comments

Young Turks at Lady Luck; Pokergeddon clips bill’s wings

Seth Schorr, son of Wynn Resorts COO Marc Schorr, has charged with the responsibility of bringing the Lady Luck Casino Hotel back from the dead. Schorr fils got started in the industry early (age 12, to be precise), spending his … Continue reading

Posted in Current, Downtown, Economy, Entertainment, Internet gambling, Laughlin, North Las Vegas, Politics, Regulation, Steve Wynn, The Strip | 5 Comments

Atlantic City: Fertitta in, Trump out; Inside Pokergeddon

Trump Marina became “RUMP Marina” this week (watch the video), as workers began removing vestiges of the Donald J. Trump era from the property. New owner Landry’s Restaurants is wasting no time putting its Golden Nugget imprimatur on the last-place … Continue reading

Posted in Ameristar, Atlantic City, Colony Capital, Cordish Co., Current, Dining, Downtown, Economy, Harrah's, history, Horseracing, Illinois, International, Internet gambling, Isle of Capri, Marketing, Penn National, Regulation, Station Casinos, Steve Wynn, Wall Street | Comments Off on Atlantic City: Fertitta in, Trump out; Inside Pokergeddon

This won’t play in Vegas; Second wind for Sands

Steve Wynn is singing his “we’re a Chinese company” refrain again. This never goes over well on the home front when he does it and his threat to move corporate HQ to Macao was met with a general chorus of, … Continue reading

Posted in Florida, Harrah's, International, Macau, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 4 Comments

A tale of three casinos; Explosive night at Monte Carlo

But first … put this in the ‘Told Ya So’ File. The flim-flam man can now resume his fiduciary duties to Trump Entertainment Resorts and doing what he does best: Making delusional claims about his net worth. Three Vegas casinos … Continue reading

Posted in Alex Yemenidjian, Atlantic City, CityCenter, Cosmopolitan, Dining, Donald Trump, Economy, Entertainment, Hard Rock Hotel, Marketing, MGM Mirage, Monte Carlo fire, Morgans Hotel Group, Riviera, Sahara, Steve Wynn, The Strip, Tourism, Wall Street | 2 Comments

Quote of the Day

“Pippa [Middleton]—Kate’s sister—yes, she’s attractive, but can the world’s media pump the brakes a little? Half the cocktail waitresses in Las Vegas make her look like she fell off the back of a royal carriage, got run over by a … Continue reading

Posted in Dining, Entertainment, International, Riviera, Steve Wynn, The Strip, TV | Comments Off on Quote of the Day

The doctor will see you now

Although stock blogger Frank Curzio seems to be talking out of one of his lower orifices, his musings are too bizarre not to repeat. He floats the notion that Apple is so flush with cash it might entertain some retail … Continue reading

Posted in Economy, Harrah's, International, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street | Comments Off on The doctor will see you now

Kasich screws casinos; Adelson screws the pooch

Our next-to-worst fears for Ohio have come to pass: Caesars Rock Ohio has temporarily pulled the plug on both its Cincinnati (above) and Cleveland casinos. It’s the latest escalation in a war between developers and state government, which wants to … Continue reading

Posted in Cannery Casino Resorts, Current, Economy, Hard Rock Hotel, International, Kansas, Macau, Marketing, Ohio, Penn National, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, TV, Wall Street | 3 Comments

Has Illinois finally bottomed out? Trop shakeup; Big markdown on Trump

Sorry to disappoint, but we won’t have the answer until June–August, three straight months with the same number of weekend days as last year. By that point we’ll know whether April‘s 2% increase was the beginning of a trend. Last … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Environment, George Maloof, Harrah's, Illinois, Indiana, Maryland, MGM Mirage, Missouri, Penn National, Phil Ruffin, Steve Wynn, The Strip, Tropicana Entertainment | 3 Comments

California bound; M changes hands and style

Yes, MGM Resorts International, Boyd Gaming, Las Vegas Sands, the great state of Illinois and I don’t know who all else have been reporting revenues this week, and Mississippi is under water.. And I’ve not had time to cover any … Continue reading

Posted in Animals, Architecture, Boyd Gaming, California, Current, Dining, Environment, Illinois, M Resort, MGM Mirage, Mississippi, Movies, Penn National, Pets, Steve Wynn, Transportation, Wall Street | 2 Comments

A message from Steve Wynn

Our favorite casino mogul, Steve Wynn, reminds us that his is a “more restrained” and private form of procession to the pronubial altar, and should be treated with discretion by the media … Which reminds me that Daily Fiasco requested … Continue reading

Posted in Current, Encore, Entertainment, Marketing, Steve Wynn, The Strip | 8 Comments