Category Archives: Tropicana Entertainment

Putting the cart before the racino; Men of eXit

VLTs in Ohio are still being litigated but MTR Gaming is rushing in where major operators fear to tread. It’s already begun conversion of Scioto Downs Casino & Racetrack to a 2,100-machine racino. The nomenclature is a bit premature but … Continue reading

Posted in Atlantic City, Boyd Gaming, Current, Downtown, Entertainment, Harrah's, Hooters, Isle of Capri, Ohio, Penn National, Racinos, Regulation, Tamares Group, Tropicana Entertainment | Comments Off on Putting the cart before the racino; Men of eXit

Penn and Pennsylvania; Trop’s big screwup; Louisiana’s big month

A racetrack isn’t something you just pick up and relocate. However, Penn National Gaming has been given the go-ahead by the State of Ohio to “move” its Beulah Park and Raceway Park to, respectively, Youngstown and Dayton. They are presently … Continue reading

Posted in Atlantic City, Boyd Gaming, Cannery Casino Resorts, Columbia Sussex, Current, Dan Lee, Harrah's, Isle of Capri, Louisiana, Neil Bluhm, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Gambling makes strange bedfellows; Two kinds of Trop trouble

Earlier today, we witnessed the strange spectacle of a capitalist decrying the effect of market forces upon his business. It’s an indirect reminder that casinos are that rare issue which brings together the old maids of the far left and … Continue reading

Posted in Alex Yemenidjian, Atlantic City, Carl Icahn, Current, Economy, Election, Entertainment, Laughlin, Pennsylvania, Sheldon Adelson, Steve Wynn, The Strip, Tropicana Entertainment, TV | 1 Comment

Atlantic City: Low prices and high dudgeon

That shriek of dismay you hear from the direction of Atlantic City is the screech of hotelier Curtis Bashaw (left). What is the cause of his umbrage? The discovery that a hotel room in A.C. can be had for as … Continue reading

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Dennis Gomes, Donald Trump, Economy, Genting, Harrah's, New York, Pennsylvania, Tilman Fertitta, Tourism, Transportation, Tropicana Entertainment | 9 Comments

Wynn vs. Okada: Shooting the messenger; Ship of fools

Stung by accusations from Wynn Resorts that erstwhile Shareholder #1 Kazuo Okada had been greasing palms at PAGCOR, prompt action was taken by the Philippines House Committee on Games & Amusements. It promptly banned … Steve Wynn. This comical, “circle … Continue reading

Posted in Ameristar, Bally Technologies, Carl Icahn, Columbia Sussex, Harrah's, International, Macau, Massachusetts, MGM Mirage, Mississippi, Penn National, Regulation, Singapore, Steve Wynn, Tribal, Tropicana Entertainment, Wall Street | 2 Comments

Sands’ new strategy: Blame Genting; Big Gaming backs Romney

First, the good news. Las Vegas Sands is signaling that it is not going to take its ball and come home from Florida, regardless of what lobbyist Nick Iarossi said last week. However, Sands’ emissary to the Sunshine State, Andy … Continue reading

Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Downtown, Economy, Election, Florida, Genting, Goldman Sachs, Harrah's, International, Internet gambling, LVCVA, Politics, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tropicana Entertainment, Wall Street | 1 Comment

Vegas’ December: Better than it looks?

If today’s numbers from the Nevada Gaming Control Board indicate that December was good for business — especially on the Las Vegas Strip (up 4% … 7% if you take baccarat out of the equation) — January ought to have … Continue reading

Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Lake Tahoe, Laughlin, Massachusetts, North Las Vegas, Reno, Rhode Island, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off on Vegas’ December: Better than it looks?

Adelson does damage control; Caesars IPO Part 2: Boom or bust?

It was “unfortunate” for Sheldon Adelson that he wore the uniform of the United States of America, the country that made him rich? Seriously? Not many of us would use our spouses as human shields. But then again, not many … Continue reading

Posted in Ameristar, Boyd Gaming, Charity, Cordish Co., Don Barden, Economy, Election, Harrah's, history, Illinois, Indiana, International, Macau, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tropicana Entertainment, Wall Street | Comments Off on Adelson does damage control; Caesars IPO Part 2: Boom or bust?

Bluhm, Boyd win in Illinois, everyone else loses

Well, not quite but the headline pretty much gives you January’s narrative in a nutshell. After backing out the contribution made by Neil Bluhm‘s new, category-killing Rivers Casino in Des Plaines, gambling revenue from the Land of Lincoln was a … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Columbia Sussex, Culinary Union, Current, Harrah's, Illinois, International, Internet gambling, MGM Mirage, Neil Bluhm, Penn National, Politics, Racinos, Regulation, Slot routes, Tilman Fertitta, Tropicana Entertainment, Wall Street | 1 Comment

Miller Time in Maryland; The sorrows of Marrandino

No question about it, THE gaming-industry story of 2011 was both an economic and political one: How the Great Recession has essentially broken the back of anti-gambling resistance in the corridors of American power. We can see it up and … Continue reading

Posted in Atlantic City, Boyd Gaming, Cordish Co., Current, Dan Lee, Economy, Entertainment, Harrah's, Louisiana, Maryland, MGM Mirage, Pinnacle Entertainment, Politics, Taxes, Tropicana Entertainment | Comments Off on Miller Time in Maryland; The sorrows of Marrandino

Train robbery in D.C.

As the online-gambling gravy train begins leaving in the station, members of Congress are making one last attempt to derail it. After all, once New Jersey, Illinois, California, the District of Columbia and so forth set up shop as havens … Continue reading

Posted in California, Columbia Sussex, Cordish Co., Current, Harrah's, Harry Reid, Illinois, Indiana, Internet gambling, Politics, Problem gambling, Racinos, Regulation, Taxes, Tropicana Entertainment | Comments Off on Train robbery in D.C.

Sheldon Adelson, wuss; MGM pounces; Slipper-y logic; Enter whining

What manner of fool spends $5 million to disseminate a film that he’s never seen and whose content he claims not to endorse? Sheldon Adelson, that’s who. After his latest political favorite got clobbered in the New Hampshire primary, Adelson … Continue reading

Posted in Alex Yemenidjian, Ameristar, Cordish Co., Dan Lee, Donald Trump, Economy, Election, Harrah's, Iowa, Isle of Capri, Jack Binion, Louisiana, Massachusetts, Mississippi, Movies, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Tourism, Transportation, Tribal, Tropicana Entertainment, TV | Comments Off on Sheldon Adelson, wuss; MGM pounces; Slipper-y logic; Enter whining

Belated Christmas presents, Midwest edition

To quote Stephen Sondheim, everything’s coming up roses … or close enough, anyway. Last Friday, strong numbers out of Iowa — of a non-caucus ilk — showed the state’s casinos rebounding to the tune of 16% (on a $121 million) … Continue reading

Posted in Ameristar, Boyd Gaming, Cordish Co., Dan Lee, Don Barden, Donald Trump, Economy, Environment, Harrah's, Illinois, Indiana, Iowa, Isle of Capri, Kentucky, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment, Racinos, Taxes, Tropicana Entertainment | 1 Comment

Belated Christmas presents

Good news is busting out all over, starting in the unlikeliest place … Atlantic City. Ye Olde Boardwalk was up 4% last month, its first revenue-positive month in 15 quarters. Even a 10% fall in table drop couldn’t put a … Continue reading

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Dennis Gomes, Donald Trump, Economy, Election, Genting, Harrah's, Horseracing, Illinois, Neil Bluhm, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Borgata or bust; ‘LVH,’ Jacko & Sinead

First, the good news: Borgata — accounting for more than one-fifth of the entire market share — continues to vastly outpace the rest of the Atlantic City market. Last month, it raked in $50 million for a 2% gain, driven … Continue reading

Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Colony Capital, Current, Dennis Gomes, Donald Trump, Downtown, Economy, Harrah's, Laughlin, MGM Mirage, Steve Wynn, Technology, The Strip, Tilman Fertitta, Tropicana Entertainment, Wall Street | 1 Comment

Election update: Evening the score; A Wynn-Winn situation

It’s five o’clock in Shreveport … or soon will be. Voters in Bossier Parish handed the casino industry a belated 2011 “win,” balancing the ledger in an otherwise disappointing electoral cycle. A Margaritaville-branded casino (employing a Lake Charles boat purchased … Continue reading

Posted in Cirque du Soleil, Current, Dining, Election, Entertainment, Harrah's, Isle of Capri, Louisiana, Marketing, Pinnacle Entertainment, Steve Wynn, The Strip, Tropicana Entertainment | 5 Comments

Atlantic City: Fertitta struggling, Gomes triumphing, Boyd steady

No surprise that Borgata remains in a class by itself among Atlantic City resorts. It finished October at 0.0% deviance from last year, as flat as “flat” can be. The lone gainer in the market was Resorts Atlantic City, up … Continue reading

Posted in Atlantic City, Colony Capital, Current, Dennis Gomes, Detroit, Donald Trump, Economy, Genting, Harrah's, Melco Crown Entertainment, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tilman Fertitta, Tourism, Tropicana Entertainment, Wall Street | 1 Comment

ColSux: They’re outta here!; Accord in Motown; Murren changes course

Those last few remnants of Columbia Sussex CEO William J. Yung‘s former casino empire continue to topple about him. The Kentucky-based oligarch, whose properties are notorious for their poor working conditions and even worse maintenance, has been reaping a gargantuan … Continue reading

Posted in Atlantic City, Columbia Sussex, Culinary Union, Dan Lee, Detroit, Donald Trump, Economy, Environment, G2E, Harrah's, International, Lake Las Vegas, Lake Tahoe, Louisiana, Marketing, MGM Mirage, Pets, Pinnacle Entertainment, Politics, Sports, Texas, The Strip, Tropicana Entertainment | Comments Off on ColSux: They’re outta here!; Accord in Motown; Murren changes course

Florida: Bend over & grab; Slots on the loose in A.C.

Background investigations in Nevada — at least before the budgetary axe starting falling on the Nevada Gaming Control Board — were said to be an indescribably unpleasant experience. As award-winning local columnist Michael Green once pointed out, when Gary Loveman … Continue reading

Posted in Alex Yemenidjian, Atlantic City, Entertainment, Florida, Genting, Harrah's, Marketing, Regulation, Sheldon Adelson, Tropicana Entertainment | Comments Off on Florida: Bend over & grab; Slots on the loose in A.C.

Sheldon Adelson, casino opponent

You read that right: El Bombastico has developed a sudden concern that adding 9,000 slots to Florida‘s existing inventory of 15,000 “will saturate the market with too many games,” in the words of the Miami Herald. In other words, there … Continue reading

Posted in Architecture, Atlantic City, Colony Capital, Columbia Sussex, Current, Economy, Florida, Genting, Regulation, Singapore, Taxes, Tribal, Tropicana Entertainment | 1 Comment