Category Archives: Steve Wynn

Case Bets: P'mousse, Wynn vs. Francis, Natole, etc.

Tucked away around the corner from the Sahara is local institution Pamplemousse. While there wasn't room for describing the massive crudité basket or the alleged "Mob booth," hopefully this chronicle captures some of the preserved-in-amber ambience of P'mousse. Steve Wynn, … Continue reading

Posted in Alex Yemenidjian, Dining, Election, Entertainment, Harry Reid, Steve Wynn, The Strip | Comments Off on Case Bets: P'mousse, Wynn vs. Francis, Natole, etc.

Case Bets: Wynn in Macao, "Peepshow" strips down

• Steve Wynn is accelerating his timetable for developing on the Cotai Strip™. If Wynn continues to learn from his early miscalculations (and I see no reason to expect otherwise), a gaming-centric Wynn Resorts property on Cotai is a far … Continue reading

Posted in California, Economy, Entertainment, Harry Reid, Macau, Planet Hollywood, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Transportation | Comments Off on Case Bets: Wynn in Macao, "Peepshow" strips down

Buy our casino, please!

Any well-furnished casino that doesn’t try to monetize its fine appointments is missing a revenue opportunity. However, it’s one thing to covet the lovely furnishings of, say, the Sky Lofts at MGM Grand. It’s quite another to check into a … Continue reading

Posted in Atlantic City, Economy, Harrah's, Marketing, Massachusetts, MGM Mirage, Station Casinos, Steve Wynn, The Strip, Tribal | Comments Off on Buy our casino, please!

Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)

Pay taxes, that is. Two Indiana racinos are pushing back against a tax rate that averages 38%. Considering that the two tracks — one run by Cordish Gaming — are the newbies on the Hoosier State scene, one could fairly … Continue reading

Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Cordish Co., Cosmopolitan, Fontainebleau, Harrah's, Horseracing, Indiana, International, MGM Mirage, Penn National, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Comments Off on Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)

From the mailbag #4: California, tech troubles & 'resort fees'

Reader Kerr Mudgeon is less than amused by a recent dig at the cuisine offered by Commerce Casino to California firefighters. He writes: "The firefighters can go to numerous other nearby eateries if they don't like the FREE meals offered … Continue reading

Posted in Boulder Strip, Boyd Gaming, California, Current, Harrah's, Marketing, MGM Mirage, Morgans Hotel Group, Planet Hollywood, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism | Comments Off on From the mailbag #4: California, tech troubles & 'resort fees'

Stat of the Day

Beloved by critics and bloggers, Encore is proving to be something of a millstone around the neck of Wynn Resorts. Average daily rates at 'Wynncore' are down 39% for the year to date, compared to a "mere" -25% at neighboring … Continue reading

Posted in Dining, Economy, Encore, Entertainment, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Stat of the Day

Colony Capital comedy

Having borrowed money to buy the Las Vegas Hilton five years ago at a dirt-cheap $200 million, Colony Capital — those financial wizards — borrowed $250 million more to retire the first loan. (Does Colony intend to pay off the … Continue reading

Posted in Boyd Gaming, Colony Capital, Fontainebleau, Harrah's, LVCVA, Penn National, Phil Ruffin, Plaza, Regulation, Steve Wynn | Comments Off on Colony Capital comedy

Privé: behind the juice; Chucky vs. Jaws; Wynn pages Scalia

Had the Nevada Gaming Control Board not come down upon Planet Hollywood like a hod of bricks, it's entirely probable that Privé would still be up to its scofflaw antics. That's because Clark County has a long history of looking … Continue reading

Posted in Cannery Casino Resorts, Economy, Entertainment, Planet Hollywood, Regulation, Sports, Steve Wynn, The Strip, Tribal, TV | Comments Off on Privé: behind the juice; Chucky vs. Jaws; Wynn pages Scalia

Privé: behind the juice; Chucky vs. Jaws; Wynn pages Scalia

Had the Nevada Gaming Control Board not come down upon Planet Hollywood like a hod of bricks, it's entirely probable that Privé would still be up to its scofflaw antics. That's because Clark County has a long history of looking … Continue reading

Posted in Cannery Casino Resorts, Economy, Entertainment, Planet Hollywood, Regulation, Sports, Steve Wynn, The Strip, Tribal, TV | Comments Off on Privé: behind the juice; Chucky vs. Jaws; Wynn pages Scalia

Colony Capital strikes (out) again; Big Bleauh

Despite taking a 22% gouge out of expenses, Colony Capital and its Goldman Sachs sidekicks managed to convert a 2Q08 profit to a $10.5 million 2Q09 loss. Revenues were down $30 million (or 40%), half of that from diminished room … Continue reading

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Economy, Fontainebleau, Genting, Harrah's, Laughlin, Mesquite, Penn National, Planet Hollywood, Sheldon Adelson, Singapore, Steve Wynn, The Strip | Comments Off on Colony Capital strikes (out) again; Big Bleauh

Adelson bombing in Pennsylvania; RoboPoker returns; Dissent over Wynn

Both the opening of Sands Bethlehem, and recent expansions of Meadows Racetrack & Casino (+29%) and Mohegan Sun at Pocono Downs (+21%) drove an 18.5% increase in slot revenue this July. With $19.6 million in gross revenue, Sands was only … Continue reading

Posted in Australia, Cannery Casino Resorts, Harrah's, Macau, Pennsylvania, Reno, Sheldon Adelson, Steve Wynn, Technology, Tribal, Wall Street | Comments Off on Adelson bombing in Pennsylvania; RoboPoker returns; Dissent over Wynn

"Link" to Nowhere

On and off, over a four-year period, Harrah’s Entertainment teased journalists (and, by extension, the public) with hints of a really big project to be announced really soon … whenever they got around to it, that is. Well, the Harrah’s … Continue reading

Posted in Architecture, Dining, Entertainment, Harrah's, IGT, MGM Mirage, Steve Wynn, The Strip, Wall Street | Comments Off on "Link" to Nowhere

The dream is dying

Just last week, UNLV‘s historical sage, Dr. Eugene Moehring, was taking a dim view of the fate of Las Vegas’ working class. Now comes the Wall Street Journal to back him up with some sobering reportage. Even at union salaries, Culinary … Continue reading

Posted in Boyd Gaming, Colony Capital, Cosmopolitan, Economy, Encore, Fontainebleau, Harrah's, LVCVA, M Resort, MGM Mirage, Morgans Hotel Group, Plaza, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street | Comments Off on The dream is dying

Case Bets: M Resort, bad debt, Wall Street's bomb

After fairly flying out of the gate, M Resort has hit the wall. Unfortunately, CEO Anthony Marnell III's response to economic adversity has been to sweat the value propositions. Not only is M fretting about card counters (hands down, the … Continue reading

Posted in Architecture, Cannery Casino Resorts, Current, Economy, Harrah's, Lake Tahoe, M Resort, Marketing, Regulation, Sahara, Station Casinos, Steve Wynn, Wall Street | Comments Off on Case Bets: M Resort, bad debt, Wall Street's bomb

Wynn goes to Monaco

Maybe this just goes in the "pipe dream" category, but a Culver City architectural firm has posted renderings that indicate Steve Wynn is/was thinking of extending his brand to Monaco. A description is said to be "coming soon." In the … Continue reading

Posted in Architecture, Harrah's, International, Steve Wynn | Comments Off on Wynn goes to Monaco

Moulin Rouge: Whoops!

The Moulin Rouge development that will never be. Oh dear, oh dear. Seems like the City of Las Vegas unwittingly obstructed its own arson probe into the demise of the Moulin Rouge when it allowed the property to be immediately … Continue reading

Posted in Animals, Architecture, Australia, Current, Downtown, Fontainebleau, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Pets, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | Comments Off on Moulin Rouge: Whoops!

Case Bets: CityCenter, W, Bernie Goldstein, Roger Thomas

Some rueful condo buyers are probably calling MGM Mirage‘s ultra-mega-super-duper resort “ShittyCenter,” judging by their ire. It’s difficult to know with whom to sympathize in this ongoing dispute. Condo depositors want to renegotiate prices (which range all the way up … Continue reading

Posted in Architecture, California, Current, Economy, Encore, Fontainebleau, G2E, Harrah's, Isle of Capri, MGM Mirage, Steve Wynn, The Strip | Comments Off on Case Bets: CityCenter, W, Bernie Goldstein, Roger Thomas

Stormy weather

It may be monsoon season in Las Vegas but there’s a typhoon blowing through Macao‘s casino economy. A series of bulletins from J.P. Morgan outline a worrisome trajectory for China‘s gambling enclave. City of Dreams: a flop June 23: The … Continue reading

Posted in Australia, Economy, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism, Transportation | Comments Off on Stormy weather

Seven essential Web sites … and other news

Yes, you too can can be a gaming-industry blogger, with the help of but a few absolutely indispensable Web sites. The ones that I check Monday-Friday without fail (and, as they say on Dancing with the Stars, “in no particular … Continue reading

Posted in Architecture, Atlantic City, Current, Entertainment, G2E, Harrah's, International, Macau, Movies, Steve Wynn, Technology, The Strip, Tribal, TV, World Series of Poker | Comments Off on Seven essential Web sites … and other news

By request …

'Tis another day of hopscotching betwixt the doctor and the dentist, which sure cuts into quality blogging time (as did a nasty attack of fibromyalgia yesterday). However, by reader request, we present this special, (not) exclusive S&G photo of a … Continue reading

Posted in Boyd Gaming, Cosmopolitan, Fontainebleau, Harrah's, Steve Wynn | Comments Off on By request …