More slump at Trump; Home woes ease

Trump International is hawking bargain rates for the Yuletide season, including price-matching, Saks Fifth Avenue discounts, “guaranteed late check out” (translation: Please stay with us!) and more. The sheer plethora of discounts and giveaways hints at an increasing level of desperation within Trump’s Stump. However, it’s also laudable to see the Donald Trump/Phil Ruffin property get off its high horse and start competing in this value-driven market like any other hotel … which it is. Minus gambling. Bit of a miscalculation, that.

We’re not No. 1! And it’s a good thing because Las Vegas has fallen from first to 25th in U.S. home foreclosures. Barring a dump of Continue reading

Posted in Current, Donald Trump, Economy, Illinois, International, Marketing, Midnight Jim Gibbons, Phil Ruffin, The Strip, Tourism | 4 Comments

Zynga counterattacks; Fail, Caesar; Adelson honored

If the Stalin organs of the Zynga PR battery had fallen silent, it was only to reload. As predicted yesterday, Zynga is regrouping around Internet gambling as its new strategy of choice. Zynga unleashed “announced an exclusive partnership [with Bwin.party] to offer real money online Poker and Casino games in the UK market. Zynga’s UK-based [real-money games] service and bwin.party will launch RMG products including Poker and a full suite of 180 Casino games in the first half of 2013, which include table games such asslots, roulette and blackjack.” And if you’re a FarmVille fanatic, Zynga and Bwin.party will offer British punters “the first-ever, online FarmVille-branded real money slots game.”

(Somebody please mail Zynga a stylebook, stat.)

This pact won’t likely be anywhere near enough to get Zynga’s stock price out of the dog house. However, with hooking up with Bwin puts Zynga just one degree of Kevin Bacon away Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, Dan Lee, Donald Trump, Harrah's, International, Internet gambling, Maryland, MGM Mirage, Missouri, New York, Ohio, Pinnacle Entertainment, Politics, Revel, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Tribal | 1 Comment

He shoots, he scores!; Zynga zinged; Hill puts leg before wicket

Monday’s interview with Interblock global sales supremo Tom O’Brien (right) yielded some passing observations that are probably too peripheral for my upcoming Casino Life piece … but perfect for S&G. Interblock maintains field offices in Las Vegas (soon to become the de facto headquarters) in Australia, Macao and Nova Scotia. In order to staff these, O’Brien takes a ‘horses for courses’ approach: “For instance, you don’t put an American in Macao who’s never run that market before. He needs to study it. Australia, the same thing. You can’t run an American over to Australia and say, ‘Go ahead and run this market. It’s gonna be great for you.’ You have to find an Australian operator or vendor who’s got that kind of background.”

Ouch! Sounds like a bank-shot reference to the abortive tenure of former Borgata president Larry Mullin (right) at Australian Echo Entertainment, as James Packer (currently on a roll) and Genting jockey for position. The latter, naturally, has been taking the “move along, nothing to see here” stance. Then there’s the following zinger from ex-IGT exec in re diversification …

One of things I’ve found out with other companies over the years is they buy into other products so they can diversify. The products don’t match well with the company itself, so they just shelve it or sell it back.” (Are you Continue reading

Posted in Australia, Boyd Gaming, Current, Election, Genting, IGT, International, Internet gambling, James Packer, Macau, Regulation, Singapore, Technology, TV | Comments Off on He shoots, he scores!; Zynga zinged; Hill puts leg before wicket

Slow news day, defined

In attempt to get some TV time, Donald Trump vowed he was going to say something to someone about somebody else today. But frankly … who cares? On a genuinely substantive note, Internet gremlins are laying siege to LVA again, playing hob with Web access, impeding output, etc. — so consider yourselves warned.

Posted in Current, Donald Trump, Technology | 4 Comments

Trial and error in the Far East

Whenever one goes to a gaming expo, one of the main lines of product on display is the robo-dealer. You know: An electronically run roulette, blackjack, baccarat, craps or sic bo “table” (more of a big workstation, in reality), presided over by an unsettlingly blank-faced, computer-generated “dealer.” These sorts of machines are coming on strong both domestically and overseas (particularly in Spain). However, they’ve run into player resistance in the world’s two most gambling-mad marketplaces: Macao and Singapore.

Seems that it’s a comfort issue, in a non-ergonomic sense. Casino players, generally being creatures of habit, are inured to the presence of a living, breathing dealer. Thus, even though the switch from fully automated to semi-automated dealer on, say, an Interblock “island” is largely Continue reading

Posted in International, Macau, Marketing, Singapore, Technology | Comments Off on Trial and error in the Far East

Boyd Gaming: Stardust memories

Shortly before Global Gaming Expo, I had a chance to sit down with Boyd Gaming CEO Keith Smith and query him on the company’s growth strategy, which will soon plant the Boyd flag in Kansas and Iowa. While many casino CEOs talk like an SEC filing, Smith is a pleasure to interview: Economical with words, right to the point and putting everything in layman-friendly terms. In other words, he’s Continue reading

Posted in Bally Technologies, Boyd Gaming, Economy, G2E, Iowa, Kansas, Sheldon Adelson, Technology, The Strip | 5 Comments

And some fourth-graders shall lead them

Finally, something constructive comes out of the “Call Me Maybephenomenon. If the cute and inspirational Harlem Prep Hawks are any indication, our country’s future is bright indeed. As they sing, “Vote for somebody.” (Or something.) Your franchise is a rare and precious right. Don’t squander it!

Posted in Current, Election, Entertainment | Comments Off on And some fourth-graders shall lead them

Harrah’s: “Legends” out, “Quartet” in

No wonder Harrah’s Las Vegas gave Legends in Concert an eviction notice a scant two days after  a major promotional event. The venerable casino landed Million Dollar Quartet, which played a critically acclaimed but very limited engagement at the Smith Center for the Performing Arts. The low-overhead, high-recognition Broadway hit is a logical follow-up to Paris-Las Vegas‘ acquisition of Jersey Boys and is a nostalgic natural for the Strip, opening next Feb. 4. It stands to reason that the Caesars Entertainment statisticians were closely measuring M$Q‘s box office performance last summer in Vegas and it’s fact that high-ranking execs checked it out in person. This Quartet-for-Legends shuffle was rumored last June but it took much longer than expected to consummate a deal. Perhaps this indeed means that Legends is destined for The Rio but Caesars remains mum on the topic. M$Q‘s touring company roams the East Coast (mostly) through next spring, winding up next May in Tucson. (The future of the Chicago production appears secure.) But it’ll steer clear of Continue reading

Posted in Current, Downtown, Entertainment, Harrah's | Comments Off on Harrah’s: “Legends” out, “Quartet” in

Seen at G2E …

No, not Russian hookers (you have to go to Macao for those) but Interblock‘s virtual casino dealers. The Slovenian company unveiled these robo-lovelies under high-security conditions that the Las Vegas Sun likened to Marqueeon a busy weekend night” … except with better-dressed patrons … and less visible inebriation … and no puke on the carpet.

Posted in Cosmopolitan, Entertainment, G2E, Technology | Comments Off on Seen at G2E …

Quote of the Day

“I’m a Republican and I’m not voting for Mitt Romney at all! You want to know why? Because of these constant phone calls!” — unidentified, irate Las Vegas Philharmonic patron, overheard speaking to a telemarketer in a Smith Center for the Performing Arts restroom stall, where he’d gone to answer the call of nature … the only call that cannot be forwarded.

Posted in Current, Downtown, Election | Comments Off on Quote of the Day

Splitsville: Harrah’s and ‘Legends’; Wanna buy used Hooters?

If you want to see Legends in Concert at Harrah’s Las Vegas, better get a move on: The tribute act and Harrah’s LV “have mutually agreed” to go their separate ways on Dec. 30. This doesn’t mean that Caesars Entertainment and Legends are getting a divorce — the Bally’s Wild Wild West iteration will continue to run in Atlantic City. However, On Stage Entertainment COO Brian Brigner said his show was “finalizing and will soon announce plans for the next chapter of our enduring success story,” which sure sound the words of a man who’s cutting a deal with a non-Caesars property. Also, the announcement was made by an outside PR firm, not by Caesars, albeit a firm that also reps Harrah’s stalwart Mac King. Reading this set of entrails is not easy. Stranger still, Legends held a publicity event for Strip conciergerie earlier this week, so the timing of today’s bombshell is odd, to say the least.

There are so many places Legends could go that it’s difficult to speculate on what the mystery venue is. Rule out the Stratosphere, which recently booted Bite — soon to take up residence at the Plaza. It axed its own American Superstars not that long ago. More importantly, the Strat has a Claire Sinclair revue on the way, part of an effort to class up its image around Frankie Moreno‘s hit show. The Riviera sure could use a tenant for its idle Versailles Theater and Legends would be the right scale for the venue. However, Brigner better be prepared to Continue reading

Posted in Alex Yemenidjian, Atlantic City, Current, Downtown, Entertainment, Goldman Sachs, Harrah's, Hooters, Planet Hollywood, Riviera, Sheldon Adelson, Tamares Group, The Strip | 5 Comments

Pinnacle saves September in Louisiana; Echelon under wraps; The red-headed stepkids of Station, Sands and Caesars

Folks down in the Pelican State had better things to do than gamble last month … like clean up after Hurricane Isaac. This might account for a 5% year/year decline in casino revenues. Louisiana‘s gambling venues grossed $200 million last month, posting a 2% increase entirely on the strength of Pinnacle Entertainment‘s new L’Auberge Baton Rouge. And I mean strong: $13 million, which was more than Baton Rouge‘s two other casinos grossed ($12 million) together, averaging a 20% loss of business to Pinnacle.

But that’s not all … L’Auberge Red Stick brought about 69% year/year growth in the Baton Rouge casino market, pushing it ahead of New Orleans ($25 million vs. $23 million). Louisiana Gov. Bobby Jindal (R) opposed this project and, faced with revenue and job creation on that magnitude, he’s welcome to suck it. Remember, this is the same fella who tried to demonize high-speed rail along the I-15 corridor as “a train from Disneyland to Las Vegas,” even as his underlings coveted the federal-stimulus money for themselves, leading to an ignominious, ass-covering retreat. Jindal rarely misses an opportunity to stick it to the very casino industry whose tax dollars help pay his six-figure salary. Nice guy.

Lake Charles continued to prosper, up 3% as L’Auberge du Lac posted million-dollar-plus gains. Only Continue reading

Posted in Boyd Gaming, CityCenter, Current, Economy, Entertainment, Florida, Harrah's, Isle of Capri, Louisiana, Marketing, MGM Mirage, Missouri, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Taxes, The Strip, Tourism, Transportation, Wall Street | Comments Off on Pinnacle saves September in Louisiana; Echelon under wraps; The red-headed stepkids of Station, Sands and Caesars

Parlez-vous *faux pas*?

OK, so Cirque du Soleil‘s Zarkana is certain to be a slam-dunk at the box office and a better financial performer than its predecessor, the unlamented Viva Elvis. However, does anyone find this invitation a bit culturally off-key? English and French … in Las Vegas? Yes, I know Cirque is headquartered in Quebec but does the putty-nosed CdS braintrust somehow think Zarkana is premiering in Montreal and not at Aria on the Las Vegas Strip? In addition to our large, international tourist base, Clark County is — as of a year ago — 29% Hispanic. Which means, if you’re going to run a bilingual ad here, don’t Continue reading

Posted in Boyd Gaming, Cirque du Soleil, CityCenter, Current, Entertainment, Hooters, International, Marketing, MGM Mirage, Station Casinos, The Strip | 1 Comment

Quote of the Day

“It seems that if the [Las Vegas Review-Journal] is going to run a fluffy pucker piece about Ayn Rand, there should be some sort of disclaimer attached. The paper’s recent butt-kisser profile of the wacky novelist was so gushy that I almost had to wipe unidentified bodily fluids off the newsprint. Since Rand is the official deity of the R-J, and since Atlas Shrugged is the holy scripture, couldn’t the rest of us get some sort of warning before the paper unleashes another burst of love juice?” — KLAS-TV investigative reporter and CityLife columnist George Knapp, on southern Nevada‘s sorry excuse for a newspaper. I should add that Atlas Shrugged appears to be mandatory reading for high-level casino executives, a significant number of whom cite it as their favorite book.

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Just another week in Vegas

D’ya remember that Flava Flav restaurant venture, just off “Crack Alley,” that sounded “too crazy to be true“? Nah, me neither. It quietly went bust earlier this year. Well, now the “aging reality TV star” is in a different sort of bust, accused of — among things — pursuing his prospective stepson, knives in hand. The former William Jonathan Drayton Jr. won’t need a big clock to know what time it is: It’s jail time! Most of Mr. Flav’s previous interactions with the local constabulary were of a petty nature: over-loud Independence Day fireworks, stuff like that.

But to be accused of felonious assault, that’s moving up into the big leagues — or high minor leagues, anyway — of crime. But don’t feel too bad for Mr. Flav, whose wares are currently on offer at Planet Hollywood‘s Miracle Mall: He was able to post a $23K bond and I’m sure his suburban Vegas neighborhood is feeling safer than ever.

Hit men offing inconvenient spouses and informants is nothing new in Sin City. However, the recent murder conspiracy (allegedly) cooked up between Continue reading

Posted in Animals, California, Cretins, Current, Dining, Harrah's, Planet Hollywood, The Strip | 8 Comments

Election special 1: Oregon, Nevada, Michigan & Rhode Island

It’s time to wind up the S&G electoral machinery and look at casino-related ballot questions that you might be asked to weigh come November. In Arkansas, we’ve already had the piquant spectacle of a gambling ballot initiative that was struck down in court but still walks, zombie-like, toward the polling booth, since it’s too late to remove it from the physical ballot. If a dead casino initiative wins, does it count as a ‘moral victory’ or just another opinion poll?

Stick a fork yet again in casino-expansion efforts in Oregon. These fail on a seemingly biennial basis and 2012’s was no different. Oregonians will still get to vote on interlocking Measures 82 and 83, which would approve a $300 million casino-hotel and water park, called “The Grange,” near Portland. (A third, municipal-level ballot question would also have to prevail at the polls.) However, this looks to be a $6.5 million writeoff for PDX Entertainment, which is folding its campaign in the face of heavyweight, bipartisan opposition to (and feeble public support for) privatizing casino business in the state. The current mix of state lottery and tribal casinos ensures that players’ losses are reinvested within Oregon. Canadian private equity firm and casino investor Clairvest Group was the driving force behind this failing effort (although the deeper pockets belonged to prospective operator Great Canadian Gaming Corp.) and the fact that profits would have Continue reading

Posted in Detroit, Economy, Election, Harry Reid, Illinois, International, Maryland, Massachusetts, Racinos, Rhode Island, Sheldon Adelson, Shuffle Master, Taxes, Tribal, Wall Street | Comments Off on Election special 1: Oregon, Nevada, Michigan & Rhode Island

Shame on you, Derek Stevens!

Vue Bar at The D used to be one of the stronger bargain plays Downtown. In the land of the $8 draft, Vue offered $1 pulls and a Blue Moon would set you back a whole two bucks. However, The D’s PR reps have informed me that these brewski specials have been discontinued. (“They no longer have running specials but do run different random specials from time to time.”) Also, there are no longer any tables on the Vue patio, from which one used to be able to watch zipliners and other Fremont Street Experience denizens. Yes, I know Stevens has to pay for the recent makeover that expunged many of the remaining vestiges of Fitzgeralds from The D, but gouging patrons for a humble draft beer suggests he may be getting ideas above his casino’s station. And when that happens in Vegas, bad things usually follow.

Mr. Stevens, you have gone from a “george” to a “stiff.” Nice going, sir.

Posted in Current, Derek Stevens, Downtown, Entertainment, Marketing | Comments Off on Shame on you, Derek Stevens!

Home, home on the range

For a couple of days I’ll be busy on the USA Today front, doing the first quarterly update of my online travel guides (Evil Dead the Musical out, Taylor Hicks in). I’ve not made any earth-shattering discoveries in my research, although I’ve discovered some upward price creep at rm Seafood. The morning was occupied with field research at Guns & Ammo Garage, which will hopefully morph into a feature story in the near future. I’m getting to be a fair shot with a submachine gun. Clowns beware! Ass-clowns, too.

Posted in Uncategorized | 3 Comments

Nevada disappoints but Atlantic City bombs

If there’s a saving grace to August’s rather glum Nevada gambling win (-3%), it’s that the month ended on a Friday, so there may be some as-yet-unreported slot revenue that will fluff the September results. (That optimism must be offset, though, by the fact that August 2012 had one more weekend day than the year before.) Lighter slot play depressed Las Vegas Strip results (-1%), which were buoyed mainly by boffo baccarat win (+32%), hold (+12%) and money wagered (+30%). Other table games were down 8.5%, with metrics declining across the board.

Mesquite and Primm, along with other nebulously defined “balance of Clark County” markets could take consolation in being flat during a month in which the locals market got hammered. Symbolic of this plight was Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Colony Capital, Current, Donald Trump, Downtown, Economy, Harrah's, Laughlin, North Las Vegas, Politics, Racinos, Revel, The Strip, Tilman Fertitta, Tropicana Entertainment | 1 Comment

When money talks, few are deaf

When addressing the subject of Sheldon Adelson (must we?), the extent to which he has stolen Wynn’s thunder and lightning was made manifest by a lengthy Politico.com profile. Adelson (right, ca. 1998), who can often behave like a colicky infant, was on his best and most statesman-like behavior. Although his assertion that “I do whatever it takes, as long as it’s moral, ethical, principled, legal” should cause the Las Vegas Valley to resound with gales of laughter — partly because of how Adelson’s conducted himself in the past, and partly since it’s coming from a man who’s under scrutiny for possible Foreign Corrupt Practices Act violations. Need I remind anyone that this is the man who considers it immoral to gamble on the Internet … but not in his casinos? He should have simply said, “I do whatever it takes.” Nobody would dispute that, not least in a year when he’s spending $100 million to purchase the White House and a tranche of Congress into the bargain. (According to Politico, Adelson “is rarely seen or heard.” Hahahaha! That’ll be the day!)

And what a bargain it is: A potential $2 billion in tax cuts for Adelson, including a tax holiday on all of Las Vegas Sands‘ overseas profits … compared to which, his stateside earnings are chicken feed, 10% of total revenue. That’s a 2,000% Continue reading

Posted in Current, Economy, Election, Harrah's, Internet gambling, Macau, MGM Mirage, Politics, Regulation, Steve Wynn, Taxes, Tourism, TV, Wall Street | 1 Comment