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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- 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
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Category Archives: The Strip
Wynn: Set the date; High-tech potties at Caesars
It’s official: Wynn Resorts will start tearing up its Las Vegas Strip golf course on Jan. 3, 2018. Not much is known about what will replace it, as the budget hasn’t been set, and plans for the Wynn Paradise Park … Continue reading
Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Charity, Downtown, Harrah's, Macau, Movies, North Las Vegas, Steve Wynn, Technology, The Strip, Wall Street
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Penn shows Trop little love; Big plans at Caesars
Penn National Gaming‘s quarterly report was about what you’d expect: strength in Ohio, weakness in West Virginia, and negative impacts from Hurricane Nate and the Mandalay Bay massacre. Also, Penn is looking toward the Canada market for expansion. As Deutsche … Continue reading
Posted in Harrah's, International, Japan, Mandalay Bay Massacre, Marketing, Mohegan Sun, Ohio, Penn National, Planet Hollywood, Regulation, South Korea, Technology, The Strip, Wall Street, West Virginia
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Adelson’s construction boom; Make theirs Manhattan
Las Vegas Sands still can’t be bothered to finish its St. Regis stump on the Strip, but it’s spending capex dollars like there’s no tomorrow in Macao. Sands will throw $700 million into redoing Sands Cotai Central as The Londoner, … Continue reading
Posted in Architecture, Culinary Union, Genting, Law enforcement, Macau, Mandalay Bay Massacre, MGM Mirage, New York, Politics, Sheldon Adelson, Singapore, The Strip, Wall Street
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The future of Caesars; Larry Ellison buys Cal-Neva
Executives from Caesars Entertainment flew to New York to meet with Wall Street analysts and lay out their vision of the company’s post-bankruptcy future. According to Deutsche Bank‘s Carlo Santarelli, internal research “displays a healthy Millenial participation rate, a long … Continue reading
Quote of the Day
“It did rock my world. Reading in every newspaper around the world that Crown [Resorts] was a bad corporate citizen shook me to the core because I had put in so much effort over so many years to ensure Crown … Continue reading
Posted in Australia, Cosmopolitan, Crown Resorts, James Packer, Macau, The Crown 18, The Strip
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Examining slot addiction; Dealers win in Baltimore
Researchers at the University of Waterloo‘s Gambling Research Lab are trying to wean gamblers off slot machines, or at least create a more-educated player. They’re focusing on “losses disguised as wins” or LDWs. That’s when you wager $2 and “win” $1.50 … Continue reading
Posted in Cordish Co., Golden Gaming, Harrah's, International, Mandalay Bay Massacre, Maryland, MGM Mirage, Problem gambling, The Strip, Unite-Here
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New MGM ad stirs controversy; Macao heightens security
Among the victims of Stephen Paddock‘s domestic terrorism was MGM Resorts International‘s “Welcome to the Show” ad campaign. The aftermath of a mass murder was hardly the time to be proclaiming that you’re “in the ‘Holy Sh*t!’ business” or to promise … Continue reading
Posted in Genting, Harrah's, Macau, Mandalay Bay Massacre, Marijuana, Marketing, Maryland, MGM Mirage, Pennsylvania, Philippines, Regulation, Technology, The Strip, TV, Unite-Here
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Resorts World a ‘go’; House of Blues a ‘drag’
With a great sigh of relief, we note that Resorts World Las Vegas has gone from being just a logo and some nifty renderings to becoming a living, breathing construction project (video here). Genting Group has hired a construction manager and … Continue reading
Posted in Architecture, Entertainment, Genting, Harrah's, Marketing, MGM Mirage, Penn National, Station Casinos, Technology, The Strip, Vdara Death Ray, Westgate LV
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Freeman goes native; MGM hits a three-pointer
American Gaming Association President Geoff Freeman was in Oklahoma City yesterday to talk up the economic benefits of Native American gaming. While one might be tempted to say they speak for themselves, the AGA rolled out some pretty powerful numbers. … Continue reading
Posted in Alaska, Animals, California, Cosmopolitan, Florida, Foxwoods, George Maloof, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Sports, Texas, The Strip, Tribal, TV
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Culinary clashes with Fertittas (again), girds for Caesars labor talks
Always keeping the pressure on Station Casinos, longtime adversary the Culinary Union has rolled out a new Web site, FertittaMoneyWatch.org. Although its principal mission is to keep tabs on a nascent investment fund, Fertitta Capital, the site also promotes the … Continue reading
Posted in Atlantic City, Colony Capital, Culinary Union, Hard Rock International, Harrah's, Japan, Mandalay Bay Massacre, Massachusetts, MGM Mirage, Penn National, Rhode Island, Sheldon Adelson, Station Casinos, The Strip, Wall Street
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Atlantic Club sold … again; Jackpot Blitz deemed a winner
Late last month, the porte cochere of the Atlantic Club collapsed. As metaphors for the long-suffering property go, you can’t get much better than that. Despite this recent debacle, owner TPM Properties has actually found a buyer for the bounced-around … Continue reading
Wynn backhands MGM security measures
Steve Wynn is having a told-you-so moment in the aftermath of Stephen Paddock‘s shooting rampage. Guesting on Fox News Sunday, the Wynn Resorts CEO said, “The scenario that we’re aware of would have indicated that he didn’t let anyone in the … Continue reading
Posted in Dining, Law enforcement, Mandalay Bay Massacre, Steve Wynn, Technology, The Strip, TV
1 Comment
Clean slate at Caesars; Heresy at G2E; Another Revel mystery
“Twenty-five years ago Caesars [Entertainment] was the premier name internationally but they dropped the ball,” said C.G. Anderson Partners analyst Greg Bousquette of the company that must find a way to become relevant after spending years snarled in debt, then in … Continue reading
Posted in Atlantic City, Colorado, Economy, Entertainment, G2E, Glenn Straub, Harrah's, Iowa, Japan, Macau, Mandalay Bay Massacre, Neil Bluhm, New York, Pennsylvania, Regulation, Revel, Singapore, South Korea, Technology, The Strip, Wall Street
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So long, Moulin Rouge; Golden merger green-lit
It just got a lot cheaper to buy the Moulin Rouge. The last vestiges of the original complex were pulled down yesterday after yet another suspicious fire ravaged through what once upon a time was Las Vegas‘ first integrated casino. … Continue reading
Posted in ACEP, Fontainebleau, Genting, Golden Gaming, history, Moulin Rouge, Movies, Regulation, Sam Nazarian, The Strip
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Cuomo’s overreach; Penn punts on Trop upgrade
Genting needs to get worried, very worried about over budgeted Resorts World Catskills. New casinos promoted in upstate New York by Gov. Andrew Cuomo (D) are grossly underperforming. The three already in operation need an incredible 4Q17 to make good on … Continue reading
Posted in Boyd Gaming, California, Dining, Economy, Genting, Mandalay Bay Massacre, Neil Bluhm, New York, Penn National, Racinos, Taxes, The Strip, Tourism, Tribal, Wall Street
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Pugilism pays off for Vegas; Ho dissed by son
Those tomato cans Floyd Mayweather and Conor McGregor were very good for business when they battled on August 26. “It could be a while before we see money like this bet on a fight again,” said Betfair‘s Katie Baylis. Indeed. Betfair … Continue reading
Posted in Architecture, Australia, Internet gambling, Japan, Lawrence Ho, Macau, Mesquite, Sports, Stanley Ho, The Strip
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“It feels like business as usual”
As we mentioned earlier, Deutsche Bank analyst Carlo Santarelli is in Las Vegas this week. He just released an investor note detailing the atmosphere following the tragic events of October 1. I don’t have much to add, so I will … Continue reading
Posted in Economy, Law enforcement, Mandalay Bay Massacre, The Strip, Tourism
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A modest proposal; Boyd on the prowl
Warning: You’re probably not going to like this post. That being said, the catastrophe at Mandalay Bay demands a more proactive response from the casino industry. There is always a certain element of risk in life, but we can ameliorate … Continue reading
Posted in Boulder Strip, Boyd Gaming, G2E, Geoff Freeman, history, Law enforcement, Louisiana, Macau, Mandalay Bay Massacre, Massachusetts, MGM Mirage, Palms, The Strip, Wall Street
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Mass murder at Mandalay Bay
I’m angry today. Angry because, for whatever reason, Las Vegas has become the site of the biggest incident of domestic terrorism in U.S. history, as gunman Stephen Paddock killed at least 50 people (subsequently updated to 58) at a Mandalay Bay concert … Continue reading
Posted in Florida, history, Hooters, Law enforcement, Mandalay Bay Massacre, Mesquite, MGM Mirage, The Strip, Transportation
1 Comment
Case Bets
Rock in Rio having been one-and-done for MGM Resorts International, word is that the latter is pursuing the Kaaboo music festival for its mostly vacant outdoor-concert space up on Sahara Avenue. For the moment, Kaboo says it has “no plans” to … Continue reading
Posted in California, Entertainment, Foxwoods, MGM Mirage, Movies, Sheldon Adelson, Technology, The Strip
1 Comment