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Category Archives: Tropicana Entertainment
Don't do it, Alex!
Noooooooo! That was my reaction upon reading the Mike Weatherford shocker that the Tropicana Las Vegas may be putting many of its future entertainment eggs in the basket of Anthony Cools. The latter produced an ultra-craptacular topless show, Ooh La … Continue reading
Posted in Alex Yemenidjian, Entertainment, Harrah's, Internet gambling, Macau, MGM Mirage, Planet Hollywood, Regulation, Tropicana Entertainment
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Harrah’s Azov?
Bloomberg News reports the following: Harrah’s Entertainment, the world’s biggest casino company, may build a resort on the Azov Sea, Vedomosti reported Tuesday. Harrah’s may join U.S. construction company Asati in building a complex in Azov-City, one of four gambling … Continue reading
Reid rewarded, Trop rescued
… Sen. Harry Reid's (D-NV) efforts on behalf of the casino industry have not gone unrewarded. If you can follow this formatting garble, you'll see that his donors include not only Tim & Tom, late of the Golden Nugget, but … Continue reading
Posted in Alex Yemenidjian, Current, Economy, Election, Harrah's, Macau, MGM Mirage, Politics, Regulation, Sheldon Adelson, Station Casinos, The Strip, Tropicana Entertainment, Wall Street
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Margaritaville wastes away
In an utterly (not) shocking development, the interminably protracted sale of Trump Marina has given up the ghost. This deal was on life support for months, so today’s bulletin merely ratifies the inevitable. The would-be reinvention of the Marina as … Continue reading
Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Economy, Harrah's, Silverton, Tropicana Entertainment
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The MGM/Pansy Ho verdict: It's in and it's bad
After nearly four years of investigation, the New Jersey Division of Gaming Enforcement has released its long-awaited “suitability” findings on MGM Mirage joint-venture partner Pansy Ho. As MGM itself reported to the SEC yesterday, “While the report itself is confidential, … Continue reading
Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Cosmopolitan, Current, Fontainebleau, Harrah's, Macau, MGM Mirage, Planet Hollywood, Regulation, Stanley Ho, The Strip, Tropicana Entertainment, Wall Street
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Perp Show
If you're bald, weight 285 lbs. and have one arm in a cast, you're not exactly inconspicuous. So how was it that that such a hefty man was to infiltrate a VIP area of Planet Hollywood and bust into Peepshow … Continue reading
Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Colony Capital, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Harrah's, MGM Mirage, Planet Hollywood, Politics, Regulation, Taxes, The Strip, Tropicana Entertainment
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Case Bets: Caesars, Criss Angel, Lance Burton, Earl & Lani and Trent
Seen last night by an S&G source, Pit One at Caesars Palace empty save for one or two baccarat players. It’s just a small indicator of a larger disconnect that I hope to address later. PR flack Robin Leach has … Continue reading
Posted in Cirque du Soleil, Colony Capital, Current, Economy, Encore, Entertainment, Harrah's, MGM Mirage, Planet Hollywood, Steve Wynn, The Strip, Tropicana Entertainment
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You know it's a bad day …
… when the company riding to your rescue is Columbia Sussex. Had Tropicana Entertainment not farmed out operation of the Horizon in Lake Tahoe to its William J. Yung III‘s company, it might have been closed outright. As matters stand, … Continue reading
Posted in Columbia Sussex, Lake Tahoe, Tropicana Entertainment
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Trouble waiting to happen?
Not to belittle acts of violence that occur in or near casinos, but we don't make a practice of reporting them in LVA. That's partly because people seem to need little excuse to kill one another and would just as … Continue reading
Posted in Columbia Sussex, Current, The Strip, Tropicana Entertainment
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Bleak Horizon
Anybody who thought Columbia Sussex CEO William J. Yung III was exiting the casino industry, let alone going quietly, got a bracing dose of reality today. The older of Tropicana Entertainment‘s two leases in Lake Tahoe, the Horizon, is in … Continue reading
Posted in Columbia Sussex, Lake Tahoe, Regulation, Tropicana Entertainment
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Harrah's takes out the garbage; Yemenidjian's return
Congratulations — I think — to new Harrah's Entertainment General Counsel Timothy R. Donovan. A graduate of The Ohio State University, Mr. Donovan comes to Harrah's by way of the garbage industry. Considering that picking up the trash around Harrah's … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Current, Harrah's, Indiana, Regulation, The Strip, Tropicana Entertainment
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Chump change for Trop
While there has been no shortage of bad decisions in the casino industry of late, the Dunce of the Year winner for 2008 and presumptive favorite for 2009 has got to be Tropicana Atlantic City conservator Gary Stein. This former … Continue reading
Posted in Atlantic City, Colony Capital, Cordish Co., Donald Trump, Economy, Regulation, Tropicana Entertainment
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Case Bets: Isle exits U.K.; no room at the Trop; Carlino channels Astaire, etc.
Isle of Capri Casinos is coming up for air, literally extricating itself from underneath Ricoh Stadium in Coventry, U.K. As part of CEO James Perry‘s attempt to refocus a company that spread itself too thin under his predecessor, he’s walking … Continue reading
Posted in Atlantic City, California, Colony Capital, Columbia Sussex, Current, Detroit, Economy, Florida, Goldman Sachs, Illinois, International, Isle of Capri, MGM Mirage, Penn National, Regulation, The Strip, Tropicana Entertainment, Wall Street
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Pinnacle: the untold story
Is waxing and buffing the Pinnacle Entertainment limo a prerequisite for scoring an interview with its CEO? This small masterpiece of selective omission is more interesting for what it elides than what it says. The article parrots Dan Lee as … Continue reading
Posted in Alex Yemenidjian, Ameristar, Atlantic City, Carl Icahn, Columbia Sussex, Entertainment, Harrah's, Illinois, Louisiana, MGM Mirage, Missouri, Pinnacle Entertainment, The Strip, Tropicana Entertainment
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Mandalay Bay is best in LV
It may be tempting fate to mention this, but online voters like Mandalay Bay best among Strip casinos … or, at bare minimum, dislike it the least. Voters in the Steve Friess "Stripper Poll" on which casino most ought to … Continue reading
Posted in Baseball, Harrah's, MGM Mirage, The Strip, Tropicana Entertainment
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Case Bets: Kansas update, Cordish's push, Penn's prudence, taxing sex
Details of Lakes Entertainment‘s just-under-the-wire entry into the Kansas casino derby are beginning to emerge — and it looks a bit half-assed. Particularly non-confidence-inspiring was the admission, “We’re going to go find the cash.” If somebody as flush as Phil … Continue reading
Posted in Cordish Co., Harrah's, Horseracing, Kansas, MGM Mirage, Taxes, Tropicana Entertainment
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Trop snoozes, loses
Like a hot potato, the Tropicana Las Vegas continues to bounce from Columbia Sussex to Tropicana Entertainment and now maybe into the hands of Alex Yemenidjian. (This management-contract arrangement looks more like laying the groundwork for a sale … if … Continue reading
Posted in Alex Yemenidjian, Architecture, Atlantic City, Columbia Sussex, Current, Economy, Entertainment, Harrah's, Indiana, Marketing, Technology, The Strip, Tropicana Entertainment, Wall Street
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Strike at the Trop
Posted in Atlantic City, Columbia Sussex, Harrah's, Regulation, Tropicana Entertainment
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Quote of the Day
"[Columbia Sussex CEO William J.] Yung showed a callous disregard both for New Jersey casino auditing regulations and for the requirement that any Atlantic City casino be a 'first-class facility of exceptional quality.' "But if the restructured Tropicana Entertainment can … Continue reading
Posted in Atlantic City, Columbia Sussex, Regulation, Tropicana Entertainment
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How desperate is Scott Butera?
Perhaps sensing that the Tropicana Atlantic City is slipping irretrievably from his grasp, Tropicana Entertainment CEO Scott Butera has taken his case to the media — seeking an audience with the editorial board of The Press of Atlantic City, no … Continue reading
Posted in Atlantic City, Carl Icahn, Colony Capital, Marketing, Regulation, Tropicana Entertainment
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