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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
Too much amount of wrong; Big deal in Boston
Ownership at The Cosmopolitan of Las Vegas has apparently lost its appetite for charmingly off-kilter variety show Vegas Nocturne. The show is not only rumored to be closing at the Cosmo but SLS Las Vegas has been mooted as its … Continue reading
Posted in Architecture, Cosmopolitan, Entertainment, Harrah's, Massachusetts, Mohegan Sun, Sam Nazarian, Steve Wynn, The Strip
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Feeling Moody’s
Here at S&G, we don’t begrudge anyone their right to build casinos. But, in the larger picture, the evidence suggests that Massachusetts and New York State are sailing into the wind. Moody’s Investors Service surveyed casinos in 15 states and, … Continue reading
Posted in Atlantic City, Harrah's, Massachusetts, New York, Penn National, Pennsylvania, Steve Wynn, The Strip, Wall Street
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What’s in a name?
Quite a lot apparently, if you’re Wynn Boston and you’re going up against local favorite Mohegan Sun. A poll taken by the Center for Policy Analysis at the University of Massachusetts Dartmouth found voters split between 48% in favor of Mohegan … Continue reading
Posted in Atlantic City, Colorado, Delaware, Detroit, Economy, Election, Foxwoods, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Missouri, Mohegan Sun, New York, Pennsylvania, Steve Wynn, The Strip
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Quote of the Day
“For Las Vegas, the route to growth and success is doing events as opposed to more slot machines. For a number of years, it will make a great opportunity to have events and then somebody it’s going to be a … Continue reading
Posted in Entertainment, MGM Mirage, The Strip
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Gearing up for fights in Massachusetts, California and Arkansas
Expect a deluge of dollars to be spent opposing or supporting a casino-repeal ballot question in Massachusetts. Unlike political campaigns, ballot questions have no spending limitation attached to them. So far, the biggest amount spent on a ballot question in … Continue reading
Posted in Arkansas, Bally Technologies, California, Election, Entertainment, Internet gambling, Maryland, Massachusetts, Mohegan Sun, Penn National, Racinos, Regulation, Shuffle Master, Steve Wynn, The Strip, Tropicana Entertainment
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Boffo May in Vegas; The power of convenience
Wall Street was pleasantly surprised by May’s gambling numbers from Nevada and especially the Las Vegas Strip, which was up 17%. Statewide, revenues rose 8%, reflecting the dilutive effect of an 8% decline in locals gaming revenue. A 3% dip … Continue reading
Wynn wins again; LVH sale near
Steve Wynn‘s $19 million libel award against sleazebag Joe Francis, former purveyor of Girls Gone Wild, has been upheld. The appeals court also imposed a gag order on Francis, enjoining him from ever repeating his claims that Wynn threatened to … Continue reading
Posted in Entertainment, Goldman Sachs, Harrah's, Illinois, LVCVA, Steve Wynn, The Strip, Wall Street
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Goodbye, Harmon, we never knew ye
It’s that long-awaited time: The demolition of the Harmon Hotel, which holds the ignominious distinction of the first Strip hotel demolished without ever hosting a single guest. This $11.5 million sidewalk show will leave an awkward void next to Crystals. … Continue reading
Posted in Architecture, Cirque du Soleil, CityCenter, MGM Mirage, The Strip
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Et tu, Thrillist?; Bed-hopping in N.Y.
Poor Sam Nazarian. He’s still two months away from opening SLS Las Vegas and Thrillist has gone and jumped the gun. It’s crowned The Cromwell “already Vegas coolest hotel.” Not even an unfinished parking garage could dampen their enthusiasm, motivated … Continue reading
Posted in Churchill Downs, Cordish Co., Hard Rock International, Harrah's, Iowa, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Racinos, The Strip, Tribal
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Atlantic City courts the LGBT dollar; Indiana casinos court anybody’s dollar
Formerly a gay getaway, Atlantic City lost its LGBT-friendly image when the casinos came in 1978, or so the history goes. “When the casinos came, people were quick to bulldoze whatever they had to sell for millions, and we lost … Continue reading
Posted in Atlantic City, Boyd Gaming, Harrah's, Illinois, Kansas, Marketing, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sam Nazarian, Slot routes, Taxes, The Strip, Tribal
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Caesars charged with default; LVH on the block again
It was bound to happen sooner or later: Holders of second-lien bonds ($3.7 billion worth) have charged Caesars Entertainment with default. They cited the offloading of Caesars New Orleans and other high-value properties, as well as the removal of guarantees … Continue reading
Posted in Harrah's, Hooters, MGM Mirage, Planet Hollywood, The Strip, Wall Street
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Case Bets for a Monday morning
Because Vegas is starved for retail along the Strip (ha!), Caesars Entertainment has been beavering away busily on Grand Bazaar Shops, in front of Bally’s Las Vegas. Vital Vegas has been sussing out the progress of the mall and it’s … Continue reading
Posted in Architecture, Atlantic City, Culinary Union, Derek Stevens, Entertainment, Foxwoods, Harrah's, Internet gambling, Mohegan Sun, Revel, The Strip
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Adelson vs. Loveman: Splitting the difference
“One of the things I’ve learned in this industry is we are extraordinarily competent at shooting at one another.” So said American Gaming Association President Geoff Freeman after getting caught in the crossfire over Internet gambling. So, as the industry … Continue reading
Beso of death; Atlantic Club reborn
Eva Longoria‘s SHE byMorton’s (formerly Beso) has closed for the second — and presumably final — time. This time we can only put so much blame on Longoria and focus instead on owner Tilman Fertitta. This rare misstep by Fertitta … Continue reading
Posted in Atlantic City, CityCenter, Dining, Harrah's, Illinois, Politics, The Strip
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Pacquiao impact punchless
April’s gaming numbers from Nevada were received with varying degrees of gloom. Not even a Manny Pacquiao fight could drive up the revenue figures, generally speaking. Baccarat, it goes without saying, was a different story, with 40% more revenue and … Continue reading
Posted in Boulder Strip, Downtown, Economy, Laughlin, North Las Vegas, The Strip, Tourism, Tribal, Wall Street, Wisconsin
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Internet gaming: More light than heat; Fieri in your face
“We are absolutely shocked by the slowness of the market.” Those are the words of 888.com CEO Brian Mattingley, with regard to Internet gambling in New Jersey. How slow is it? So much that 888 is shifting ad dollars from … Continue reading
Leven leaving, Adelson staying
In a less-than-shocking turn of events, Las Vegas Sands President Michael Leven has announced his retirement, effective the end of this year. Let the speculation over his successor commence! President of Global Gaming Operations Rob Goldstein would seem the obvious choice … Continue reading
Posted in Architecture, Harrah's, Pennsylvania, Sheldon Adelson, Steve Wynn, The Strip
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Gunga Geoff; Massachusetts split
Some casino industry bigwigs continue to view Macao as a Chinese-flavored version of Las Vegas, an industry fallacy you would think had been outgrown. Take American Gaming Association President Geoff Freeman, who told a Macanese audience that their city needs … Continue reading
Posted in Election, Entertainment, Geoff Freeman, Macau, Massachusetts, Regulation, The Strip
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After Adelson … what then?; Hope in Springfield
One of the issues that has buzzed around Las Vegas Sands like a shoo-fly is the lack of a line of succession. President/COO Michael Leven was superannuated when he took the job at, at age 76, isn’t getting younger. According … Continue reading
Posted in Architecture, Atlantic City, Detroit, Internet gambling, Massachusetts, Sheldon Adelson, Sports, The Strip
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Keeping with the times; Inside Bally’s palace coup
For people like myself, whose formative experiences of Las Vegas took place 10-plus years ago, it’s important to go with the flow. For instance, the ever-burgeoning and remunerative nightclub business. When SLS Las Vegas opens Life, bottle service will be … Continue reading
Posted in Bally Technologies, Election, Entertainment, Harrah's, Rhode Island, Sam Nazarian, Shuffle Master, Steve Wynn, Technology, The Strip, Wall Street
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