Category Archives: The Strip

Adelson subsidizes foreign policy; Packer’s comeback

Sheldon Adelson‘s at it again. This time, in the cause of escalating Mideast tensions, he’s putting his money where his mouth is. The toupee-crowned supermogul is reported to be offering to foot the bill for at least some of a … Continue reading

Posted in Alex Meruelo, Atlantic City, Australia, Donald Trump, Glenn Straub, Greenwood Racing, Hard Rock International, International, Internet gambling, James Packer, Lucky Dragon, Macau, Melco Crown Entertainment, Ohio, Pennsylvania, Politics, Regulation, Revel, Sheldon Adelson, Sports, Steve Wynn, The Crown 18, The Strip | Comments Off on Adelson subsidizes foreign policy; Packer’s comeback

Showboat to sail again?; The plague of resort fees

Although Caesars Entertainment may have thought it removed a competitor from the board when it stripped the Showboat of its gaming entitlement, think again. Owner Bart Blatstein has taken the opening steps toward returning the Showboat to the gambling seas. … Continue reading

Posted in Arizona, Atlantic City, Cordish Co., Environment, Genting, Hard Rock International, Harrah's, International, Maryland, Revel, The Strip | 1 Comment

MGM to jack up resort fees; Boyd braces for Four Winds impact

Looking for a bargain in casino stocks? JP Morgan analyst Joseph Greff nominates MGM Resorts International, which he says “remains cheap.” He bases this, in part, on strong Las Vegas Strip performance driven by “two jewels” Bellagio and MGM Grand. … Continue reading

Posted in Ameristar, Boyd Gaming, California, Cannery Casino Resorts, Hawaii, Indiana, Louisiana, Macau, Massachusetts, MGM Mirage, Missouri, North Las Vegas, Penn National, Resort fees, The Strip, Tribal, Wall Street | Comments Off on MGM to jack up resort fees; Boyd braces for Four Winds impact

Caesars takes the lead; Fortune Cup comes to Vegas

In the wake of yet another senseless mass shooting, Caesars Entertainment is making guest security a priority (not to imply that it wasn’t earlier). From now on, Caesars security personnel will be empowered to enter guest rooms once every 24 hours, … Continue reading

Posted in Atlantic City, Boulder Strip, Culinary Union, Derek Stevens, Downtown, Genting, Harrah's, Law enforcement, Mandalay Bay Massacre, MGM Mirage, Regulation, Technology, The Strip, Tropicana Entertainment, Wynn Resorts | 2 Comments

Negotiation time in Vegas; MGM China trounces expectations

Yes, it’s that exciting moment when the Culinary Union contract comes due and the local flexes its muscle to get results from the casinos. Frankly, we don’t expect much drama this year, given the excellent state of the Las Vegas … Continue reading

Posted in CityCenter, Cosmopolitan, Culinary Union, Donald Trump, Downtown, Harrah's, Macau, Mandalay Bay Massacre, Maryland, MGM Mirage, Mississippi, Reno, Sexual misconduct, The Strip, Wynn Resorts | 1 Comment

MGM’s $3.4 billion gamble; A.C. Trop, Vegas Strip show promise

With concession renewal lurking around the 2020 corner, this might seem a risky time for MGM Resorts International to open a $3.4 billion casino in Macao. But MGM China CEO Grant Bowie says, “The concession renewal will not be determined by … Continue reading

Posted in Atlantic City, Carl Icahn, Columbia Sussex, Cosmopolitan, Dining, Entertainment, Harrah's, Macau, MGM Mirage, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wynn Resorts | 1 Comment

Breaking bad at the Trop; More trouble for Wynn Resorts

Business was afire — literally — at the Tropicana Atlantic City after a meth lab in one of the hotel rooms caused a blaze and led to the evacuation of four floors. This wasn’t how owner Carl Icahn wanted to make … Continue reading

Posted in Aristocrat, Atlantic City, Carl Icahn, Cirque du Soleil, CityCenter, Law enforcement, MGM Mirage, Palms, Sexual misconduct, Silverton, Station Casinos, Steve Wynn, The Strip, Tropicana Entertainment, Wall Street, Wynn Resorts | 3 Comments

Wynn reverses himself; New name, plans for F-blew

Wynn Resorts took a step closer to being taken over or sold off in pieces last weekend. Ex-CEO Steve Wynn submitted a letter saying that the now-famous 2010 stockholders’ agreement which binds Elaine Wynn’s shares with his was “invalid and unenforceable … Continue reading

Posted in Fontainebleau, Genting, LVCVA, Riviera, Steve Wynn, Steven Witkoff, The Strip, Wall Street, Wynn Resorts | 2 Comments

GLPI picks at Wynn; Indiana players stay home

Gaming & Leisure Properties met with Wall Street analysts this week and it had the future of Wynncore on its mind. “While GLPI remains open to doing Las Vegas asset transactions, they view the risk profile as considerably higher given … Continue reading

Posted in Ameristar, Boyd Gaming, Centaur Gaming, Charity, Economy, Eldorado Resorts, Full House Resorts, GLPI, Harrah's, Indiana, Majestic Star, Mandalay Bay Massacre, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, The Strip, Tribal, Tropicana Entertainment, Wall Street, Wynn Resorts | Comments Off on GLPI picks at Wynn; Indiana players stay home

Wynn: What’s in a brand?

More than the trouble (and cost) it takes to replace it, experts conclude. Another reason for keeping the founder’s name on Wynn Resorts is one that he would not find flattering: “I think the impact on Wynn Resorts will be short-lived, … Continue reading

Posted in Atlantic City, Charity, Cretins, Donald Trump, Genting, Japan, Marketing, Massachusetts, Politics, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wall Street, Wynn Resorts | Comments Off on Wynn: What’s in a brand?

One picture = 1,000 words

Las Vegas visual artist Laura Martin has a one-word solution for Wynn Resorts‘ new branding problem.

Posted in Steve Wynn, The Strip | 1 Comment

Wynn: Brain bleach, stat!

Today, I was going to file my quota of one Steve Wynn story per every 24 hours, but what to make of this? Another court filing against Wynn has surfaced, as well as the disclosure that the Las Vegas Review-Journal … Continue reading

Posted in e-sports, Massachusetts, MGM Mirage, Sexual misconduct, Steve Wynn, The Strip | Comments Off on Wynn: Brain bleach, stat!

Steve Wynn makes his case; Gambling stalemate in Florida

It’s no longer enough for employees of Wynn Resorts to reflect well upon the company. No, now Steve Wynn wants their gratitude. His confidential pep rallies have had all the watertight integrity of a colander. By reminding workers that the … Continue reading

Posted in California, Detroit, DFS, Dining, Donald Trump, Election, Entertainment, Florida, Galaxy Entertainment, Genting, Harrah's, Internet gambling, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Movies, Politics, Regulation, Seminole Tribe, Sexual misconduct, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street | 1 Comment

Wynn in a corner; Delaware may cut racinos some slack

Things have gotten so bad for Steve Wynn that he’s been reduced to asking his employees to support him in Sexgate. “In a family, people look after each other … They take care of the people they serve” he said, a … Continue reading

Posted in Ameristar, Delaware, Dining, Genting, Indiana, Massachusetts, New York, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sexual misconduct, Steve Wynn, Taxes, The Strip | 1 Comment

Macao is back; Steelman predicts the future

Gross gaming revenues in Macao blew away Wall Street analysts’ estimates of 19% growth, posting a 36.5% gain. Deutsche Bank analyst Carlo Santarelli still advised caution for the near future, writing, “While [Chinese New Year] generates a lot of hype, the … Continue reading

Posted in Architecture, Atlantic City, Galaxy Entertainment, Genting, Hard Rock International, Internet gambling, Macau, Massachusetts, Revel, Steve Wynn, The Strip, Tilman Fertitta, Wall Street | Comments Off on Macao is back; Steelman predicts the future

Baccarat slays the Strip

Gaming revenues on the Las Vegas Strip continued to dip in December, down 3% ($571.5 million). Baccarat tore a hole through gaming receipts, with the house plunging 30% on 9% less wagering. Non-baccarat table games fared much better, up 7.5%. … Continue reading

Posted in Boulder Strip, Economy, Eldorado Resorts, Environment, Illinois, Indiana, Lake Tahoe, Laughlin, Missouri, North Las Vegas, Pennsylvania, Reno, Taxes, The Strip | 1 Comment

Quote of the Day

“It was always just billionaire ego bullshit. Like, ‘Haha, my building is a couple feet taller than your building.’ That kind of thing.” — anonymous Donald Trump campaign official describing the relationship between Steve Wynn and Trump.

Posted in Donald Trump, Steve Wynn, The Strip | Comments Off on Quote of the Day

Steve Wynn: Time’s up

Yesterday, the penny dropped on Steve Wynn, as multiple reports of sexual predation made the news. According to the Wall Street Journal, we’re not talking about one or two accusers but “dozens,” over a period of decades. Without diminishing the … Continue reading

Posted in Animals, CityCenter, Current, Dennis Gomes, Donald Trump, Election, Harrah's, Japan, Lucky Dragon, Massachusetts, MGM Mirage, Nevada, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street, Wisconsin | 2 Comments

The Macao mystery; Regional roundup

Steve Wynn was exuding confidence this week that Wynn Macau and Wynn Palace wouldn’t be nationalized by Macao, telling investors, “We are so stitched into that community, with our employees and our company, that we feel comfortable in this situation.” On … Continue reading

Posted in Entertainment, Harrah's, Macau, Massachusetts, MGM Mirage, Mississippi, Penn National, Regulation, Sports, The Strip, Tribal | Comments Off on The Macao mystery; Regional roundup

Freeman: Hands off!; Copperfield in hot water again

Adam Silver, commissioner of the NBA, has been an early proponent of legalized sports betting. But his zeal has gone a little too far. The league proposes to help itself to an “integrity fee” of $1 out of every $100 … Continue reading

Posted in Geoff Freeman, Harrah's, Japan, Law enforcement, MGM Mirage, Sports, The Strip, Wall Street | Comments Off on Freeman: Hands off!; Copperfield in hot water again