This just in: The race to become the first Strip hotel to be demolished without ever having opened has been won by … The Harmon. Details are sketchy but MGM Resorts International‘s decision will surprise few. Allegedly culpable Perini Building Co. will oppose, of course. It wants to get paid. Perini claims it can do a little buttressing here, some spackling there and — Presto! — “Dubai’s Diminuendo” will be ready for occupancy. But no amount of ex post facto extra rebar can repair a fatally damaged public perception of The Harmon, which has long since been disowned by its architect, Sir Norman Foster. Besides, CityCenter has no foreseeable need for Continue reading
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“As a journalist writing about casinos [and] gaming at David McKee’s Stiffs [&] Georges, I’m sure you get a lot of questions from readers about how they can improve their poker games.” — uhhhh, no … I don’t, actually. But if S&G regulars are also poker players, Discovery Channel
In the shrinking Atlantic City market, where most of the casinos are operating in the red, it was inevitable that one or two of the so-called “parasitic” ones would bite the dust. While the ex-Atlantic City Hilton (preposterously rebranded as “ACH“) hasn’t had the Last Rites read yet, industry analysts are
I guess a casino hasn’t truly “arrived” until Carmen Electra graces an event on its premises. This time it’s Palazzo‘s turn, as Carmencita hosts something nightclub thing or other. Which reminds me that Electra performed at Pussycat Dolls Burlesque Saloon in Planet Hollywood when it opened recently. Having neglected to
In the cold light of day (i.e., Chris Sieroty‘s Review-Journal coverage), the situation at the Las Vegas Hilton appears still more dire … if such a thing is possible. Remember that roughly a third of the LVH is owned by a Goldman Sachs subsidiary? And guess who’s holding the note that Colony Capital restructured once and may do so again? Goldman Sachs Commercial Mortgage Capital, that’s who. No wonder that lender Goldman has shown such patience with owner Goldman’s lack of solvency. At least Colony’s Tom Barrack has managed to grab one major creditor by the short hairs. It’s quite a day when the thing keeping you out of Chapter 11 is your co-owner’s conflict of interest.
Gaming’s Mr. Magoo, the disaster-prone CEO of Colony Capital, Tom Barrack has done it again. The Las Vegas Hilton has defaulted on one of its loans (again), a too-familiar revelation where a Colony-owned property is concerned. Although it lost $1 million less last quarter than a year earlier, that’s still $8.9 million in red ink. Players are playing less (casino revenue down 9%), stayers are staying less — or at least paying less for their Hilton rooms.
Two axes fell upon CityCenter in one day. It’s tough to decide which is more newsworthy. I’ll go with the Beso story because it has a not-so-hidden upside. Golden Nugget CEO Tilman Fertitta is feeling sufficiently bullish to plant his flag on the Strip. Since Tilman
While Navy SEALs are dying heroically in Afghanistan and putting Osama bin Laden on ice, one of their former colleagues has been
My birthday coincides with “Free Ride” day on the Desperado at Primm Valley Resorts. From 12:15 p.m. to 7:45 p.m., on August 16, you can be terrorized to your heart’s content. And terrifying it is: My wife and I tried the Desperado recently and found its whiplash considerably more violent than on our previous visit, in mid-2007. You can write me off as an old fogy if you like but the missus lurves her some roller coasters, the scarier the better. But the rattletrap condition of the Desperado really put the fear of God into her and not in a good way. She’s sworn it off permanently.
Remember how the Union Plaza used to be on track for a “grand soft reopening” (love that phrase!) on August 24? Somewhere along the way, that target date fell by the wayside. Solution? Generate a blizzard of stories like this one — and many others — in which the August date has mysteriously vanished and now the reopening date is September 1, period, and somehow “ahead of schedule.” Now one of the banes of the casino industry is Ye Olde Squishy-Soft Opening, of which Sheldon Adelson is the ninja master. If your property’s not ready for the paying public, it shouldn’t open. Why subject customers to a prettified construction site? (It had litigious consequences for Adelson’s Marina Bay Sands.) If Play LV CEO Anthony Santo is going to be really, truly, completely ready on Sept. 1, 2011, then let the games begin! If he starts a trend, better still.
Bankrupt, 38-year-old Hooters Hotel got a two-month reprieve yesterday, as owners obtained a judge’s permission to keep spending creditors’ monies to keep the place open for an additional two months. That will at least give employees time to update their resumes. Majority creditor Canyon Capital Realty Advisors, however, is not amused by Hooters’ sagging financials, which have been drooping steeply since late 2007. In particular, subsidiary Canpartners takes exception to
If you’re coming to Las Vegas and wish to see how it’s experienced by those of us who live here, then check out the photographs of Angela Bellamy. Her “Pano Project” will be on display at the Charleston Heights Arts Center from Aug. 25 through Oct. 27. Most of her panoramas are so wide that they can’t be reduced to an S&G-friendly size. But if you want to see the real McCoy, the exhibit is free, making it worth the cab fare it’ll cost you to get there from your hotel. (Photo courtesy of the City of Las Vegas.)
As an occasional visitor to Las Vegas (a few times a year), I appreciate the opportunity to share observations via Stiffs & Georges. During a July visit, a new challenge emerged on the casino floor—noise! Now, I realize that noise in a casino is nothing new. I remember the “old days” when the slot machines paid off in coin that were designed to hit metal pans, making as much noise as possible. The machines made noises, too, but the notes were primarily in the major chords of G, F and C. The noises fit together, giving a unique and exciting sound to the casino floor. (Yes, some casinos were more unique than others—the noise level at the old Sassy Sally’s downtown was the loudest I remember, but I’m sure that a few others could challenge the volume.)
But things have evolved since. The new generation of interactive slot machines still provides the same type of noises during regular game play. But the payoffs and bonus rounds have added a new range of noises that are designed to make the games more exciting. And it works — I’m not normally a slot player, but I was lured by the new Star Trek game that provides a unique progressive round that allows the player to build a fleet that will battle in the bonus round. The video, voices and animation are great, and you even have a volume control so you can hear it (and feel it through
Considering that Sheldon Adelson would try to trademark the rays of the sun, if only he dared, who can blame Oscar Goodman for getting into the franchising game? According to Tamares Group‘s media rep, Amy Maier, the ex-mayor doesn’t own any percentage of the new Union Plaza steakhouse bearing his name. However, he is “licensing his name for the restaurant and will be very involved in the decisions regarding the concepts of the restaurant including design, decor, menus, etc.” In view of Hizzoner’s well-known outspokenness, I have no doubts as to his degree of creative involvement. Between the Goodman announcement and the Insurgo Theater media splash last week, the Plaza is generating a pretty good PR tailwind going into this month’s grand reopening.