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- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
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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
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- 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 - 57,903 views
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Category Archives: The Strip
St. Louis: Pinnacle out, Icahn in; Cosmo’s death wish
After fielding several offers, Pinnacle Entertainment has liquidated Lumiere Place Casino and its affiliated Four Seasons hotel to … Carl Icahn. Uncle Carl spent $260 million to close the deal. Considering that the book value of Lumiere Place is $401.5 … Continue reading
Quote of the Day
“It reminds me of the unicycle from The Prisoner.” — my wife, commenting on the progress of the Linq‘s Ferris wheel. Hmmmm. Does this mean that Linq is The Village and Gary Loveman is the new Number Two? I mean, … Continue reading
Hope for Caesars; Dopes at Boyd
Perhaps the best thing yet to happen for Caesars Entertainment‘s Suffolk Downs project was a gift from the Massachusetts Gaming Commission. The latter’s chairman, Stephen Crosby, said that surrounding-community agreements would play an important role in choosing which operator gets … Continue reading
Posted in Boyd Gaming, Current, Entertainment, Harrah's, International, Macau, Maryland, Mississippi, The Strip
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Murren disses Adelson; Caesars bows out of Macao; Clerical choler
“Maybe because he’s rich he thinks people care about what he has to say. It’s obvious we know Las Vegas better than he does.” With those wordsMGM Resorts International CEO Jim Murren laid a surprisingly blunt smackdown on Las Vegas … Continue reading
July in A.C.: Borgata, Revel triumphant; Cosmo: The right amount of ‘Why?’
Last month was good for Atlantic City in the sense that revenue was only 4% off last year’s pace. The upper-tier properties fared exceptionally, with Borgata ascending 19%, driven by a two-third increase in table win, and Revel, fueled by … Continue reading
MGM’s half-full glass
Today it was MGM Resorts International‘s turn to do the “We didn’t lose as much money as last year” thing. The size of the decrease, at least, was impressive and MGM China produced its best numbers ever. The company’s performance … Continue reading
Posted in CityCenter, Current, Detroit, Economy, Harrah's, Macau, Mississippi, The Strip, Wall Street
1 Comment
When you’ve sunk this low …; Mazer returns
When skepticism turns to outright ridicule, the writing is often on the wall for such a folie de grandeur as Howard Bulloch‘s SkyVue wheel … or rather the two, totemic poles that are we are ever likely to see of … Continue reading
Cosmo plunges again; Nevada signals surrender
Would somebody please sack the so-called casino management and marketing staff at The Cosmopolitan of Las Vegas. Everything at the Cosmo is improving except the gambling floor, which took a 20% nosedive in 2Q13, to $31 million. Losses were 25% … Continue reading
LV in June: The house lost big-time
Despite only a minor dip in visitation, Las Vegas casinos got hammered in June. Players kept their wallets shut and the cards weren’t turning in the house’s favor. The amount of money played on the Las Vegas Strip was off … Continue reading
Posted in Boyd Gaming, Current, Downtown, Economy, Lake Tahoe, Laughlin, North Las Vegas, Reno, The Strip, Tourism, Wall Street
2 Comments
Vegas: Remembrance of revenues past; Making the grade in Massachusetts
“I think we are having a limp-wristed sort of crawl out of a hole, but a recovery is a more robust word,” the one and only Steve Wynn said earlier this week. The numbers bear him out, as tourism continues … Continue reading
Posted in Cordish Co., Current, Dining, Economy, Entertainment, Foxwoods, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Racinos, Regulation, Steve Wynn, The Strip, Tourism
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A tale of two cities …
… and both of them are Las Vegas. Last week, Sheldon Adelson pitched a fit about how he thought MGM Resorts International and Caesars Entertainment were driving down his room rates (as though it were the job of Jim Murren … Continue reading
Posted in Current, Dining, Economy, Harrah's, MGM Mirage, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tourism, Wall Street
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More Trop turmoil; Adelson’s new enforcer; Hart vindicated
That Alex Yemenidjian! He just can’t keep the Tropicana Las Vegas out of the headlines — and not in a good way. It’s kicking The One Group out, taking over Bagatelle Beach Club and converting into a by-invitation-only venue for … Continue reading
Posted in Alex Yemenidjian, Entertainment, IGT, International, MGM Mirage, Regulation, Sheldon Adelson, Technology, The Strip
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Scramble in Massachusetts; Malaise in Mississippi
Sept. 24 is the day appointed for voters in Leominster to say “aye” or “nay” to a slot parlor proposed by Cordish Gaming. That’s nine days before the deadline for submitting voter-approved HCAs to the Massachusetts Gaming Commission. Which, in … Continue reading
Posted in Cordish Co., Current, Economy, Election, Florida, Foxwoods, Genting, Louisiana, Massachusetts, Mississippi, Mohegan Sun, Neil Bluhm, Sheldon Adelson, The Strip, Transportation, Tribal
1 Comment
Wishful thinking, Ruffin-style
Only in Phil Ruffin‘s wildest imagination do members of Great Britain‘s royal family patronize Treasure Island, fast becoming one of the douchiest properties on the Strip.
Posted in Current, International, Phil Ruffin, The Strip
2 Comments
Barton delivers; Penn takes the initiative
It was a somewhat mixed victory for the casino industry. Rep. Joe Barton (R-TX, left) revived a 2012 initiative, in the form of his Internet Poker Freedom Act, legislation that he’s been promising for a couple of election cycles now. … Continue reading
Massachusetts: Bluhm, Penn pounce; Galaxy gets bounced
From the You Read It Here First file, yes, it’s indeed true that Neil Bluhm‘s Rush Street Gaming is descending upon the town of Millbury as its next prospective site for a slot parlor. Bluhm surrogate Greg Carlin says the … Continue reading
Posted in California, Cordish Co., Current, Harrah's, Massachusetts, Neil Bluhm, New Hampshire, Penn National, Racinos, Regulation, Technology, The Strip, Tribal
1 Comment
A note of thanks; Going … going … Gore
As many of you know, Mount Charleston, on the distant outskirts of Las Vegas, is being consumed by a huge forest fire. Not only has the blaze threatened Siegel Group‘s Mount Charleston Lodge, it’s also displaced some of the many … Continue reading
Indiana: Half-full or half-empty?; ‘Priscilla’ faints
That’s the operative question after a contrariwise June in Indiana. The state’s casinos saw 17% less foot traffic, but those fewer players were spending more (up 6%). Even so, the Hoosier State’s racinos, casinos and riverboats were down 12% for … Continue reading
Quote of the Day
“In March, 26 year-old Xiao Ye Bai began serving a life term for stabbing a man to death in a crowded karaoke bar near the Strip. Prosecutors said Bai was a martial-arts trained enforcer for the Taiwan-based triad United Bamboo, … Continue reading
Accord in Kentucky; Atlantic City on the move; James Packer’s comeback
But there are still some stirrings of activity on the casino front. For starters, Bwin.Party has agreed to fork over $15 million to Kentucky. According to the company the payment “resolves the only remaining litigation … that stems from our … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Cirque du Soleil, Colony Capital, Current, Entertainment, International, Internet gambling, James Packer, Kentucky, MGM Mirage, Regulation, Station Casinos, Taxes, The Strip, Tribal
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