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Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- You can’t fix stupid; Good-bad news on the bayou - 56,499 views
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,787 views
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,970 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,339 views
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Category Archives: The Strip
CityCenter contest!
While building the Stratosphere, maverick casino owner Bob Stupak ran out of money, leaving the tower only partially erect. Wags were quick to dub the stymied Stratosphere “Stupak's Stump.” Stupak, of course, eventually finished the tower — although it proved … Continue reading
Posted in Architecture, MGM Mirage, The Strip
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Casino apocalypse
I'm deeply imbedded in other projects today. In the meantime, by way of In Business Las Vegas and GamingFloor.com (source of yesterday's Harrah's Entertainment time warp, too) here's the answer to the question, "How many casino failures can you pack … Continue reading
Posted in Boyd Gaming, Cannery Casino Resorts, Colony Capital, Cosmopolitan, Current, Economy, Harrah's, Herbst Gaming, James Packer, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Wall Street
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A twist of Fator
We took in Saturday night’s opening of Terry Fator and his Cast of Thousands, as did quite a few C- and D-list celebrities, plus several MGM Mirage executives — no doubt enjoying 90 minutes’ respite from worrying about their company’s … Continue reading
Posted in Cirque du Soleil, Current, Entertainment, Harrah's, MGM Mirage, The Strip, TV
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Nationalize the casinos?
Some news stories are too far-out crazy to ignore. This week, it’s XinhauNet‘s prognostication that Uncle Sam will go into the casino business any day now. Or, as the over-imaginative reporter puts it, “some people are talking about the possibility … Continue reading
Posted in Architecture, Economy, MGM Mirage, Sheldon Adelson, The Strip
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Case Bets: Fasolt, etc.
A reader has asked how Fasolt got his name. I'm to blame for that, because he was called "Marble" when I met him. He was living in a foster home in Minneapolis, after a woman had thrown out her boyfriend … Continue reading
Posted in Cirque du Soleil, Entertainment, Pets, Planet Hollywood, Regulation, The Strip
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Station vs. Boyd III: This time it's personal
You really have to hand it to Station Casinos CEO Frank Fertitta III. This dude has more lives than a cat. Every time you think his luck has run out, he slips the noose yet again. So it was Tuesday. … Continue reading
Posted in Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, Station Casinos, The Strip, Wall Street
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This is your industry on crack
Finally, someone (in this case, Liz Benston) has written the definitive user-friendly analysis of how the casino industry crashed and burned. To try and quote the salient points would require little short of reprinting the entire article (to say nothing … Continue reading
Posted in Boyd Gaming, Colony Capital, Downtown, Economy, Harrah's, Herbst Gaming, Isle of Capri, Louisiana, MGM Mirage, Missouri, Station Casinos, The Strip, Wall Street
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"Sin City Express"
Expect to be hearing that catchy new canard a lot, not to mention the “Las Vegas to Disneyland” little white lie that Gov. Opie Jindal (R-LA) trotted out in his Tuesday-night audition for the 2012 presidential nomination. “Vegas to Disneyland” … Continue reading
Posted in Boyd Gaming, Harrah's, Louisiana, Politics, Sheldon Adelson, Singapore, Technology, The Strip
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Boyd vs. Station II
Well, that was a waste of a good hour. Boyd Gaming teased its Thursday morning conference call with intimations that All (or at least Some) Would Be Revealed about its surprise bid for most of the assets of Station Casinos. … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Downtown, Economy, Florida, Harrah's, Indiana, Louisiana, Station Casinos, The Strip, Tribal, Wall Street
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Case Bets: Penn in Vegas, Fontainebleau, Fine Cotton R.I.P.
Phil Hevener, the guy who was onto the Imperial Palace sale before anyone else, says Penn National pitched offers for not only The Mirage but also Caesars Palace … at insultingly low EBITDA multiples (see bottom of story). The Strip … Continue reading
Posted in Australia, Boyd Gaming, Fontainebleau, Harrah's, Horseracing, MGM Mirage, Penn National, The Strip, Tribal
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Case Bets: Penn in Vegas, Fontainebleau, Fine Cotton R.I.P.
Phil Hevener, the guy who was onto the Imperial Palace sale before anyone else, says Penn National pitched offers for not only The Mirage but also Caesars Palace … at insultingly low EBITDA multiples. The Strip has seen much better … Continue reading
Posted in Australia, Boyd Gaming, Fontainebleau, Harrah's, Horseracing, MGM Mirage, Penn National, The Strip, Tribal
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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
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What's the sound of stale?
It'd probably be very much like the dulcet tones of Danny F. Gans (pictured), who reassures prospective attendees to his Encore show not to worry: It'll be the same old same-old. Or, as he rationalizes it, "I'm trying to give … Continue reading
Posted in Cirque du Soleil, Encore, Entertainment, Steve Wynn, The Strip
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Case Bets: Seminoles, Tropicana, Shuffle Master, Stanley Ho
Seminoles offer to lay $288 million and 12,000 new jobs on the table, for starters. Sunshine State Republicans blow them a raspberry. Constitutional or not, Gov. Charlie Crist‘s compact put a good deal in place for both sides. (It wasn’t … Continue reading
Posted in Aristocrat, Atlantic City, Australia, Columbia Sussex, Florida, Politics, Regulation, Shuffle Master, Stanley Ho, The Strip, Tribal, Tropicana Entertainment
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Who are they kidding?
Mesquite casino oligopolist Randy Black bought himself some TV ad time during the Super Bowl to tout his latest value proposition (starring one Randy Black). His opening gambit: "Everybody's cutting back." Uh no, not if you're Randy Black and just … Continue reading
Posted in Columbia Sussex, Current, Donald Trump, Economy, Harrah's, Marketing, Mesquite, Phil Ruffin, The Strip, TV
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The prodigal son
Poor Kerry Packer; the late Australian mogul and famous high roller must be doing all his rolling in the grave now. Reputed for being daring at baccarat and cautious in business, the media baron is at least spared the indignity … Continue reading
Posted in Aristocrat, Boulder Strip, Cannery Casino Resorts, Cosmopolitan, Economy, Fontainebleau, International, James Packer, Macau, Melco Crown Entertainment, Pennsylvania, Singapore, Station Casinos, Steve Wynn, The Strip
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Case Bets: CityCenter, Detroit, Boyd in Indiana
CityCenter: Cash cow or calf of gold? It’s received wisdom that, in its worship of the Golden Calf known as CityCenter, half-owner MGM Mirage is prepared to sacrifice some of its high-value properties, including MGM Grand Detroit, even in the … Continue reading
Posted in Boyd Gaming, Economy, G2E, Indiana, Kansas, Macau, Marketing, MGM Mirage, Station Casinos, The Strip, Tribal, Wall Street
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Case Bets: Chicago, Wyndham, Harrah's
Anybody who still frets about "criminal elements" in Las Vegas casinos ought to turn their gaze toward Chicago instead, where such issues continue to dog the state's 10th casino license. The citizens of Waukegan lost their shot at a casino … Continue reading
Posted in Alex Yemenidjian, Economy, Harrah's, Illinois, Indiana, International, Neil Bluhm, Plaza, The Strip, Tropicana Entertainment
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'Gang' at Encore
Yesterday saw an unusual — but altogether pleasant — change in the Vegas Gang routine, as we taped “on location” from a seventh-floor room in Encore, overlooking Echelon and the increasingly ominous Fontainebleau (so disproportionately massive it looms over its … Continue reading
Posted in Architecture, Cloverfield monster, Current, Detroit, Fontainebleau, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Phil Ruffin, Stanley Ho, Steve Wynn, The Strip
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