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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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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,897 views
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Category Archives: The Strip
In defense of Sheldon Adelson
A disclaimer: I tend to agree with Jeffrey Compton that Sheldon Adelson‘s “actions seem nothing but ego-driven overkill.” And by getting into bed with Bible Belt religious conservatives — to whom any form of gambling, not just on the Internet, … Continue reading
Posted in Economy, history, Internet gambling, Iowa, Isle of Capri, Macau, Politics, Regulation, Sheldon Adelson, The Strip, Wall Street
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What’s “incidental” & other Case Bets
When the Clark County Commission went out of its way to define “tavern gaming” in 2011, it went into all sorts of minutiae about kitchens and such. But it neglected to address the elephant in the room: How much gambling … Continue reading
Sheldon Adelson, sacred monster; New Jersey ‘Net
In case you hadn’t heard, Sheldon Adelson is a pretty rich fella. A run-up in Las Vegas Sands stock over the last two days has put $2.1 billion extra in his pocket. This, inevitably, has sparked further discussion of his … Continue reading
Posted in Atlantic City, Internet gambling, Politics, Regulation, Sheldon Adelson, Taxes, The Strip, Wall Street
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Saratoga screw-up
In its haste to make a statement on gambling, Saratoga Springs may have cut the legs right out from under Saratoga Casino & Raceway. Rules for application, released yesterday, say that “a prospective casino operator must have a resolution of … Continue reading
Posted in Entertainment, New York, Planet Hollywood, Racinos, Regulation, The Strip
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The best of Las Vegas; Neil Bluhm returns
Although I can’t imagine that too many of our readers are strangers to Las Vegas, perhaps there are a few. In that case, USA Today found somebody — well, me — to offer some helpful tips. For instance, here’s the … Continue reading
Posted in Dining, Downtown, Entertainment, Massachusetts, Neil Bluhm, Penn National, Regulation, The Strip, Tribal
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High rolling
Las Vegas has its newest icon and the local media are duly wowed. The Review-Journal hauled out a stock of familiar superlatives — “stylish … trendy … hip.” The Las Vegas Sun wasn’t much more restrained. Then there was passenger … Continue reading
Posted in Current, Dining, Entertainment, Harrah's, The Strip
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Gentlemen, place your bids
Today, New York State starts taking bids on the four casinos it will soon be licensing upstate. At yet, there is no mechanism in place for determining licensing fees or whether the surrounding communities want the casinos or not. In … Continue reading
Posted in Dining, Entertainment, Genting, Harrah's, Massachusetts, New York, Regulation, The Strip, Transportation
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Okada thwarted again; Granite State stalemate
Kazuo Okada‘s Universal Entertainment Corp. has pulled out of a deal to develop a $2 billion casino megaresort in the Philippines. Universal isn’t talking but jilted partner Century Properties Group is less reticent. Planning to contest the divorce, it says … Continue reading
Posted in Delaware, Harrah's, International, Japan, New Hampshire, Politics, Problem gambling, The Strip
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You are Number Six
Say, isn’t that Rover from The Prisoner chilling out with some party animals at a Las Vegas beach, over to the left there? Anyway, since pool-party season is open now, don’t say I didn’t warn you. S&G is grossing you … Continue reading
Posted in Entertainment, The Strip, TV
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Upside down at Cosmo; Casino beggars; Tribal casinos set new record
If a 3% ROI is your idea of a good return on a casino, have we got the place for you: The Cosmopolitan of Las Vegas. It continues to narrow losses and improved gambling revenues 25%. Last year, the Cosmo’s … Continue reading
Twin setbacks in Massachusetts
After all the tsuris that’s gone into bringing casinos to Massachusetts, it may be for naught. In two months, public support has gone from 53% to 46% (against 43% opposed), according to MassINC Polling Group. That means that, if casino … Continue reading
Posted in Atlantic City, Culinary Union, Goldman Sachs, Macau, Massachusetts, Mohegan Sun, Penn National, Revel, Steve Wynn, The Strip
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Dramatic turnarounds in Massachusetts; Tribe-on-tribe conflict in California
Hopes that the Mashpee Wampanoags have for a casino got a big lift on March 12. That’s when Interior Department Solicitor Hilary Tompkins ruled that tribes not recognized before 1934 weren’t excluded from casino eligibility. In her interpretation of the … Continue reading
Posted in Boyd Gaming, California, Culinary Union, Derek Stevens, Downtown, Goldman Sachs, Harrah's, Horseracing, Massachusetts, Mohegan Sun, Regulation, Station Casinos, Steve Wynn, Tamares Group, Terry Caudill, The Strip, Tilman Fertitta, Tribal
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‘Pawn Shop’ moves to Strip
If you haven’t seen Pawn Shop Live! at the Golden Nugget, you’ve still got a couple of weeks to do so but on April 17 it reopens at the Riviera. Don’t go expecting a stage version of Pawn Stars. Directed … Continue reading
Posted in Current, Downtown, Entertainment, Riviera, The Strip, Tilman Fertitta, TV
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Nose candy at Mandalay Bay; Remembering Gaughan
It’s a measure of how lucrative nightclubs are that casino companies are willing to run the attendant risks. (Put another way, by contrast to nightclubs, casinos look as staid as banks.) Case in point, MGM Resorts International‘s half-million-dollar settlement with … Continue reading
Posted in Downtown, Economy, Foxwoods, Internet gambling, Massachusetts, MGM Mirage, Problem gambling, Regulation, Station Casinos, The Strip, Trump Entertainment Resorts
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Optimism around the industry
Las Vegas‘ premier casino companies have been showing their wares at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. Among the pilgrims was Wynn Resorts CFO Matt Maddox, who reported that Wynncore is increasing revenue per available room … Continue reading
Posted in Atlantic City, Boyd Gaming, International, Internet gambling, Japan, Louisiana, Macau, Massachusetts, Mississippi, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Wall Street
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Adelson: Sore winner; Good news from Atlantic City
Macao’s 2013 casino haul of $45 billion seems pretty mind-boggling on its own merits. That number could be $115 billion by 2018. Much of that growth will be driven by post-2015 projects of Melco Crown Entertainment and Galaxy Entertainment Group. … Continue reading
Jackie Gaughan, 1920-2014
The humility with which Jackie Gaughan did business would be un-thought-of in today’s casino world. He’d come to work through the front door and his “office” was a hotel room adapted for the purpose. At various times, Jackie owned all or … Continue reading
Posted in Downtown, history, Regulation, Steve Wynn, The Strip
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Culinary: Two down, 14 to go; Quiet crisis at Sands
Culinary Union-represented workers at the Riviera and at Treasure Island have cause for celebration, being the beneficiaries of new, five-year collective bargaining agreements. Culinary Secretary-Treasurer Geoconda Arguello-Kline took the extra step of hailing the Riviera deal as “mutually beneficial” to … Continue reading
Posted in Charity, Culinary Union, Delaware, Macau, Massachusetts, Mohegan Sun, Ohio, Phil Ruffin, Racinos, Regulation, Riviera, Sheldon Adelson, Taxes, The Strip
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Quote of the Day
“Whoever determined that 12 noon was the perfect check-in, check-out time was thinking of the housekeeping shift, not the guest.” — Cornell University’s School of Hotel Administration professor of marketing Chekitan Dev, on the Palms‘ new, round-the-clock checkout policy. It’ll be … Continue reading
