“I think it’s a little hypocritical that we can have a state lottery or horse racing in Texas but we can’t let people play poker.” — state Sen. José Menendez (D) on the legal penumbra in which Texas card clubs exist.
Klebanow wrote, “What the industry can expect to see is a pattern that was witnessed in Las Vegas, dating back to the opening of the Mirage in 1989 and the succession of casino resorts that opened on the Las Vegas Strip through the 1990s. Downtown Las Vegas devolved into a second tier gaming destination, attracting people with low-priced accommodations, cheap food and better gaming odds. Not only did that not stop the loss of market share to 
the Strip, it prevented downtown owners from reinvesting in their properties … In short, the Peninsula casinos with one or two notable exceptions, will continue to lose market share to those more alluring properties on Cotai.” Hey, if Macanese casinos start offering better odds for gamblers, is that such a bad thing?
of its rooms. If you don’t constantly reinvest in your resort project, you end up with Imperial Palace, er, Linq. (Given Gary Loveman‘s infatuation with the letter Q we’re lucky we didn’t end up with The Qromwell.) In-room iPads will act as “virtual concierges,” performing a variety of tasks from making reservations to regulating the temperature in your room. This is the latest in a series of rolling renovations to The Cosmo. It’s paying off, too: return on investment was up 25% in 1Q17 and is expected to be 200% higher by year’s end.
owners of the Las Vegas-based casino chain Station Casinos.” Aye, there’s the nub of it. At the risk of pulling a Donald Trump and engaging in false moral equivalencies, do you think the Culinary would be as vocal about the Fertitta Brothers having “helped propel into power political leaders who attack immigrants, women, the environment, LGBTQIA+ communities, and working families”? Methinks the union doth protest too much. Now that it has a contract at Trump International, it doesn’t take on The Donald directly but goes after the lower-hanging fruit.
their early revenue performance. They also put a cloud over Genting Group‘s in-progress Montreign project in the Catskills, most expensive of the bunch. State officials are taking comfort in the fact that investment and job recruitment have exceeded projections. Jeff Gural, owner of Tioga Downs Casino, may be the only man in America 
weren’t for your support I’d probably have hung it up long ago. Much has changed in these last ten years. For instance, whoever thought that the most-failed casino owner ever would fail his way into the White House? Who thought that Caesars Entertainment would go bankrupt (well, I knew something bad would come of its LBO but nothing that drastic)? Ditto Station Casinos. Who could have figured the whole Sam Nazarian saga, ending with SLS Las Vegas falling on its ass? We’ve seen casino gambling plant roots in Kansas, Massachusetts and Maryland, even Alabama, and fail to take hold (despite much trying) in New Hampshire and Georgia. We’ve also seen Las Vegas Sands try twice to sell Sands Bethlehem, only to change its mind both times.
yet-undisclosed joint venture between Caesars Entertainment and MGM Resorts International. He even gave Glenn Straub a mulligan, including Revel in 
for L’Auberge Baton Rouge and its two rivals, they have until June 18 to get ready, plenty of time to prepare outdoor smoking venues, possible even ones that have slots. (A task force commissioned by Gov. Bobby Jindal [R] is studying the feasibility.) What they shouldn’t do is follow the example of Harrah’s New Orleans, which wasted all the time leading up to New Orleans‘ smoking ban whining about it, then had some rough months while it suddenly adjusted to life after smoking. Deutsche Bank analyst Carlo Santarelli is already downgrading 
thought to be getting skittish as the Nipponese government sketches out a conservative, 
investors would likely have their patience tested, he wrote, “we think long term oriented investors will be rewarded by a heavily invested management team which has generated strong returns historically.” In other words, Red Rock Resorts (Station’s nom de voyage on Wall Street) is still a “buy.” Management has pitched another $76 million into the Palace Station capex budget — for a $226 million total — as they continue to reinvent the property. As for the Palms, Phase One of reinvestment is a hearty $146 million.
Technically speaking, the trademarks are registered to DTTM Operations (itself co-registered to The Donald), which operates from within the president’s favored pied a terre, Trump Tower. According to Reuters, the big man recently recorded trademarks for “real estate services, construction and development, hotel property, food and beverage and conference facilities.” Trump’s business operations are ostensibly in the hands of his sons but they make no bones about discussing them with Dad, so it’s what I call a seeing-eye trust.
2016.) True, the creeping effect of slot routes may have played a role but speculation can carry one only so far. Defying the odds were Rivers Casino, up 2% ($38.5 million) and MGM Resorts International‘s Grand Victoria, up 3% to $15.5 million. Hollywood Joliet ($11 million) was flat but everyone else was revenue-negative. Most seriously affected was Harrah’s Metropolis (-9.5%), making $7 million, while Harrah’s Joliet was down 6.5% to $15 million. Gaming & Leisure Properties‘ Casino Queen slipped 8% to $8.5 million.
“I loved my previous life. I had so many things going. This is more work than in my previous life. I thought it would be easier.” — Donald Trump, on the burdens of the presidency.-
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