Category Archives: Tamares Group

God, save the Queen!

Another victim of the Comment-Eating Server, Jeff in OKC, writes: Isn't the Queen of Hearts property part of what is to become the new City Hall? I know the Nevada Hotel and Casino isn't pretty, but it is the first … Continue reading

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Tamares' crown jewels

Ian Sutton posted this today at GamingFloor.com and I couldn't resist snurching it. Sandwiched between footage of the Lady Luck and other Downtown detritus is a long, loving look at those two fine Tamares Group dereli … er, acquisitions: the … Continue reading

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A-Yem to the rescue

“No corporate liposuction.” With those words, new Tropicana Las Vegas CEO Alex Yemenidjian not only coined the catchphrase of the year, he implicitly repudiated the policies of forerunner William J. Yung III, whose Columbia Sussex modus operandi was to solve … Continue reading

Posted in Alex Yemenidjian, Columbia Sussex, Current, Downtown, Election, Entertainment, Labor, Regulation, Tamares Group, The Strip | Comments Off on A-Yem to the rescue

Quote of the Day

“The surroundings and clientele here are just too rough. (Ironic, but true: The first two letters on the Western marquee are burned out, so it simply reads, ‘STERN.’ It’s an apt description.” — description of an aborted fact-finding mission to … Continue reading

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Looking for good news in Vegas

If I wanted to drive myself to strong drink, I could write about depressing, atrocious numbers coming out of Nevada casinos in December. But as that great philosopher, Linus in Peanuts, would remind me, it's better to light a single … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Downtown, Economy, Gary Goett, George Maloof, Harrah's, Laughlin, MGM Mirage, Michael Gaughan, Morgans Hotel Group, Station Casinos, Tamares Group, Texas, The Strip, Tilman Fertitta, Tribal, Wall Street | Comments Off on Looking for good news in Vegas

Tamares' good deed

Lichtenstein-based Tamares Group bought a gaggle of downtown Las Vegas casinos from Jackie Gaughan five years ago and hasn't seemed to know what to do with them since. However, one unpublicized kindness by Tamares — brought to our notice by … Continue reading

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Sign of the times II

This image, taken Saturday at the Plaza Hotel & Casino downtown, pretty much speaks for itself. Auction holders Real Estate Disposition Corp. were scheduled to hold another auction today. The choice of the down-on-her-luck Plaza as venue is apt … … Continue reading

Posted in Downtown, Economy, Sheldon Adelson, Tamares Group, Tropicana Entertainment | Comments Off on Sign of the times II

Bobby Ray Who?

Tamares Group's raggle-taggle bunch of downtown Vegas casinos is onto its third management company in four years. Its first stalking horse, Barrick Gaming, made a lot of grandiose noises but turned out to be a big bag of hot air. … Continue reading

Posted in Downtown, Regulation, Tamares Group | 1 Comment

Is Peter Carlino crazy?

Now I know that Penn National is all a-flush with cash these days and CEO Peter Carlino is probably feeling bullish. Still, in a recent visit to Vegas to assess possible casino acquisitions, he's alleged to have acted like he … Continue reading

Posted in Atlantic City, Downtown, Harrah's, MGM Mirage, Penn National, Riviera, Sahara, Steve Wynn, Tamares Group, The Strip, Tropicana Entertainment | Comments Off on Is Peter Carlino crazy?

Sunday at The Palazzo with Sheldon

OK, so the big fella wasn't actually there, to the best of my knowledge, but let's not allow pedanticism to get in the way of a Stephen Sondheim reference. The Better Half and I partook of a $119/night room special … Continue reading

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Plaza (the other one) & Gold Spike dispatches

According to the grapevine, El-Ad Properties' Plaza megaresort is not only a "go," but Credit Suisse and Goldman Sachs are likely financiers. That is, if El-Ad and partner Nochi Dankner kick in more equity (I'm hearing $150 million), having exuberantly … Continue reading

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Buddy, can you spare six billion?

Chuck Monster of VegasTripping.com is a man of few words, but he doesn't miss much (and his Dodgers are four wins shy of the World Series). He's run the numbers on Dubai World's purchase of MGM Mirage stock and found … Continue reading

Posted in Boyd Gaming, Fontainebleau, International, MGM Mirage, Tamares Group, The Strip | Comments Off on Buddy, can you spare six billion?

Tamares mines comedic gold

Nothing says "quality" quite like a Tamares joint. As the trial dubbed "Plaza Versus Plaza" winds down, Tamares Group — owners of the downtown Plaza — came up with a good one. The Lichtenstein-based company would have jurors believe "that … Continue reading

Posted in Downtown, Tamares Group, The Strip | 1 Comment

Case Bets: South Point, Gustav, Monte Carlo, Gold Spike, Excalibur, etc.

Why does a holiday weekend suck? Because it means that instead of having to dig through three days' worth of the Las Vegas Review-Journal on Monday (a depressing task under the best of circumstances), a Tuesday start means at least … Continue reading

Posted in Animals, Current, Downtown, MGM Mirage, Michael Gaughan, Mississippi, Monte Carlo fire, Sheldon Adelson, Tamares Group, Taxes, The Strip, Wall Street | Comments Off on Case Bets: South Point, Gustav, Monte Carlo, Gold Spike, Excalibur, etc.

Golden Gate update

Per a previous item about the Golden Gate‘s plan to remake itself as a boutique hotel, I wondered about the status of its Culinary Union contract. Not to worry: According to the union’s political director, Pilar Weiss, the two parties … Continue reading

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