“To us, the opportunity is thoroughly Japanese and thoroughly delicious.” — Dadaist remark by Steve Wynn about casinos in Japan. Is it just us or is Wynn sounding more and more like Mayor Adam West on Family Guy?
Management is already off to a good start by 
also inherits hard-luck Lady Luck Nemacolin in Pennsylvania, but them’s the breaks. Isle played an important role in American casino history, being one of the pioneers of riverboat gambling in the Midwest. Then-CEO Bernie Goldstein was quick to see opportunity and exploit it. Unfortunately Goldstein and his sidekicks stayed too long at the party, and their declining years were marred by outright disastrous ventures into overseas markets and a period in which Isle was growing cash flow only by dint of opening more and more casinos, not by improving performance.
reflected in the current stock price, nor is it something that is currently so loved by the buy-side, and therefore we believe represents an interesting, non-consensus buy idea.” He liked Boyd’s share (40%) of the Las Vegas locals market and saw it “as a near-term way to play positive regional gaming trends as well as LV Locals trends.” Greff applauded Boyd’s acquisitions of Aliante Casino and Cannery Casino Resorts ($60 million in projected cash flow), and reported double-digit cash flow growth — a sign of strong ROI — at all of Boyd’s Vegas-area properties.
“What Steve [Wynn] did was put scale to it. He kept the elegance, the personality, the landscape, buildings, the interiors and the games. But the most important element of our Las Vegas experience is what occurs between the visitors’ ears. How do they feel? How do they go home feeling? Do they have a sensation that makes them want to come back? If they do, it doesn’t matter about the buildings or the games. We’ve succeeded.” — John Acres, 
shrugged off the numbers as “about as expected.” He added that 
“Variety of Arts, Entertainment & Recreation Establishments.” It also, much to my surprise was “State & Local Direct General Expenditures on Parks & Recreation per Capita,” welcome largesse for a state that has been eking out its existence on starvation budgets for as far much as I can recall (i.e., the Kenny Guinn administration). The news comes just as Las Vegas is riding a winning streak that is 
largest-grossing casino in the world, Marina Bay Sands, does about $3.2 billion a year. Are you telling me five casinos in Japan will do two and a half times that? It’s illogical. But this is still a huge opportunity.” — Global Market Advisers Managing Partner Steve Gallaway, 
center may begin before the year is out, perhaps as early as October. In addition to the lagoon and meeting space, a boardwalk and dining facilities will be part of the $400 million-$500 million version of Paradise Park. Additional phases may follow. Said Steve Wynn, “We have no better use for our money. We keep $1.5 billion or $2 billion in the parent company and this would allow us to take the most conservative, but the most dynamic approach to creating this.” Wynn Palace, in Macao, helped the company post an increase in cash flow of 42%. However, Wynn may be eating its own lunch, as a slump in business at Wynn Macau was reported.
their cash in the relative near term,” which spells “Sands Bethlehem,” a transaction that Santarelli characterized as “rumor” — a rumor that no one has been able to dispel. As for GLPI, “stronger variable rent streams from strength at the Ohio properties also added to upside relative to guidance.” GLPI also expects to close its big Tunica purchase on May 1. Asset sales were categorically ruled out.
betting repeal 
By contrast, CEO Sheldon Adelson saw his pay packet rise a half-million dollars. (Walking-around money if you’re Adelson.) It pays to be a member of the Adelson family. Literally. Sands newbie and CFO Patrick Dumont 
“MGM Resorts resulted from the merger of MGM Grand and Mirage Resorts. After the merger, the two organizations continued to operate separately, with two COOs and two separate cultures. Multiple properties competed against each other. There was no unified strategy for growth—and no way to implement one even if it existed.” — MGM CEO Jim Murren throwing shade on predecessor J. Terrence Lanni and his silo-driven leadership style, during a lecture at The Wharton School (Donald Trump‘s alma mater!).
Harbor. Whatever the reason, Wynn Resorts has scaled down its plans for Wynn Paradise Park. Rest assured, the giant, animatronic King Kong still appears to be a “go.” However, the hotel tower has been temporarily shelved in favor of a concentration upon convention space. The downsized Paradise Park is expected to cost between $400 million and $500 million.
not a money problem. This is a democracy problem. Flint, Michigan, is a moral parable about the peril of giving up control of your water.” — NAACP President Cornell Brooks, warning New Jersey Gov. Chris Christie (R) against selling Atlantic City‘s water authority for quick cash. In other news, Christie said Revel owner Glenn Straub -
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