Quote of the Day

“So, are there any other new casinos opening?” — wire-service reporter, to UNLV Center for Gaming Research Director David G. Schwartz, at the end of a conversation about the debut of Boot Hill Casino, in Kansas. Ummm, heard of a little place called Aria?

Posted in CityCenter, Current, Kansas, MGM Mirage, The Strip | Comments Off on Quote of the Day

Live from CityCenter

I’m filing in haste from CityCenter, where I have Aria, Vdara and Mandarin Oriental tours scheduled. Hopefully, I’ll be back at the keyboard later this afternoon. I poked my head into Crystals long enough to see very, very light pedestrian traffic. Presumably contractual obligations forced its opening in such a semi-finished, half-occupied state (though that may not be much of an excuse). As soft Vegas openings go, this may be the softest in 10 years.

Computers abound in what is the nicest media center in which I’ve yet set foot. There are a couple of HDTV sets, too … tuned to Fox News. Yeah, big surprise there.

My tour awaits. More later.

Posted in Architecture, CityCenter, Current, Dubai, Economy, MGM Mirage, The Strip, TV | 2 Comments

Sign of the Times

Seen on Saturday, at the top of the Riviera‘s giant rear marquee, in huge letters: “VERSAILLES THEATRE.” Mind you, the Riv doesn’t have anything (according to its latest press release) actually playing in that space, Ice having gone the way of all flesh. But they’ve got a theater, by jingo, and they want impress that fact upon you. Duly noted.

S&G is not, however, without a helpful suggestion. In light of her recent notoriety, we believe the Riv should capitalize on Scarlett, Princess of Magic‘s newfound reputation for ass-whupping and present a new Scarlett extravaganza entitled …

Scarlett & bunny

IS SCARLETT GONNA HAVE TO CHOKE A BITCH?

Just a thought.

Trivia question: With at least 175 casinos, Nevada leads the nation. But which state has the second-most casinos? The answer might surprise you.

Posted in Current, Entertainment, The Strip | 8 Comments

A Privé by any other name …

Rose, the new nightclub in Mandalay Bay, hasn’t even opened yet and it’s racked up its first scandal. MBay is trying to rework Rose’s lease on more favorable terms, given that the club’s owners are some of the, er, colorful characters involved in the Privé fiasco … and are in arrears to MGM Mirage already.

DSCN1271

The reviews are in. Preliminary critiques of CityCenter are a mixed bag. The fluffy, overwritten rave notice in the Las Vegas Review-Journal is exceptionally poor journalism, even by R-J standards. Even if you expected the paper to be in the tank for CityCenter, the level of sheer fawning comes as a surprise.

The Los Angeles Times, contrarily, sees CityCenter not as the beginning of an era but the end of one. However, Christopher Hawthorne reviews it more as historical metaphor than actual work of architecture. Ironically, his most favorable notice is given to the sheared-off stump that is the Harmon Hotel (above). While he dismisses the “bell-jar urbanism” of CityCenter’s introverted concept, he admires the engineering feats that made it possible.

At least the R-J‘s accompanying, multi-tiered graphics package is very impressive, arguably the best thing it’s done with its Web site since the paper went online. The LAT offers a virtual flyover that is docked points for getting the Harmonini’s height wrong. That mistake is repeated in the LAT‘s online demo of CityCenter, which is otherwise enjoyable for its vibrancy and entertaining interactive features.

He reports, you decide. Fortunately, dear readers, Hunter Hillegas has ridden to the rescue with 178 — count ’em! — photos from Aria alone. In these opinionated times, Hunter is one news source you really can rely upon to be “fair and balanced.”

Posted in Architecture, CityCenter, Current, MGM Mirage, Regulation, Technology, The Strip | Comments Off on A Privé by any other name …

Big casino opening today

Boot Hill Casino3

No, not Aria. That’s tomorrow. Today’s the first day of business for $48 million Boot Hill Casino & Resort, in Dodge City. Avionics firm (!) and relatively novice casino developer Butler National did what brand names Penn National Gaming, MGM Mirage, Foxwoods Resort Casino, Las Vegas Sands, Golden Gaming and Harrah’s Entertainment could not: obtain a Kansas casino license and open within the original timetable. (In a concession to the economy, Kansas has allowed total build-out to be postponed until late 2011.)

Congratulations to Butler for not knowing that it was doing the impossible. I’d quote Space: 1999 and say, “The impossible just takes a little bit longer,” except that Butler’s alacrity from start to finish disproved that maxim. Ladies and gentlemen of Butler, take a bow. And to think it was only a year ago that a bunch of fellers in white Stetsons broke ground on Boot Hill. Job well done.

Posted in Current, Economy, Harrah's, Kansas, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Tribal | Comments Off on Big casino opening today

Pelican State blues

November numbers are in for Louisiana and it’s the Pelican State’s worst gaming month in five quarters. Only the independent Eldorado Shreveport riverboat and Fair Grounds racino near New Orleans reported revenue growth. All major operators took it on the chin, to varying degrees: Penn National Gaming (-21%), Isle of Capri Casinos (-21%), Pinnacle Entertainment (-18%), Boyd Gaming (-17%) and Harrah’s Entertainment (-15%).

Generally speaking, Lousiana numbers have been falling off the table these last months, but some of the more dramatic declines are anomalous. Isle of Capri Lake Charles is down 50% but its revenue base is so puny ($1.1 million last month) that it doesn’t take much to swing the needle there. In September  it was up 49%. Columbia Sussex is winding down operations aboard its Amelia Belle, which probably accounts for consecutive monthly declines of 29% and 37%.

A sudden 22% revenue shrinkage in the Lake Charles area, normally buoyed by oil money out of Houston, suggests that Pinnacle panicked when it saw the numbers. Hence its decision to downsize Sugarcane Bay and make it an extension of L’Auberge du Lac (which still makes more than double its two Isle of Capri competitors combined). However, all major markets had it rough — so much so that Shreveport’s -12% month was the good news.

Still no table games in Pennsylvania. In addition to a complicated tax formula, the bill in the lower house is so adorned with Christmas baubles (including a potential increase in the number of slots allowed “resort” casinos) that progress is happening at a snail’s pace. The only clear winner so far is the Keystone State GOP, which got something very close to the (lowish) tax rate it wanted.

Casino backer ‘fesses up. The man behind the curtain of Baltimore‘s proposed casino turns out to be York Capital Managment, a fund with a somewhat nebulous investment strategy. Now York needs to lend its apparently penniless Canadian casino partners the $19.5 million they still haven’t ponied up for their application fee. Disclosure of York’s involvement makes the situation in Baltimore less ludicrous, but only slightly.

Posted in Boyd Gaming, Columbia Sussex, Harrah's, International, Isle of Capri, Louisiana, Maryland, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation | Comments Off on Pelican State blues

Case Bets: Pinnacle, Macao, Sahara & Mirage

River PlaceNo trouble in River City: The opening of Pinnacle Entertainment‘s River City casino complex has leapt forward from May to March. Bully for Pinnacle, if this means that the project is going to be finished ahead of schedule. If this is a “soft opening” to churn some quick cash flow, not so good. Pinnacle is still CEO-less and job candidates must be chagrined to see “interim” bosses John Giovenco and Richard Goeglein (the guy who screwed up the Aladdin 2.0) making decisions with such far-reaching consequences, whether it’s this or folding Sugarcane Bay into L’Auberge du Lac to save money.

Casino OceanusLook familiar? One of Stanley Ho‘s oldest and most disreputable casinos has been reinvented as the $193 million Casino Oceanus. If the exterior seems an awful lot like the Water Cube from the Peking Olympics, well, originality hasn’t been Paul Steelman‘s strong suit in a while now. However, even in the age of CityCenter, if you plunked this design down on the Las Vegas Strip, it’d still be a shocker.

Oceanus also flies in the face of the Sheldon Adelson-led trend toward Vegas-style resorts, completely eschewing hotel rooms in favor of gambling, gambling and yet more gambling … which is what the Macao market craves, isn’t it? Give Ho credit; he knows his customer base. Even as the elderly Ho continues to recuperate from what’s apparently a subdural hematoma, #2 man Ambrose So waxes bullish on the year to come, echoing predictions of 20%-25% revenue growth.

sahara-logoAnother one bites it. The Sahara‘s been going downhill for a while, getting dirtier and more neglected. One doesn’t know whether to blame casino manager Navegante Group or the man holding the purse strings, absentee owner Sam Nazarian. (You may know him from the nighttime soap The Hills, where — in a Streep-worthy stretch — he plays the demanding role of “Sam Nazarian.”)

Anyway, a $272/night rate for New Year’s for a Sahara ain’t cutting it with the buying public and the Moorish-themed hotel is shutting down two of its hotel towers through the holiday season. When Primm is selling out over New Year’s weekend and the Strip isn’t, people like Nazarian and Woolf need to get the memo about repricing their product to reflect the economy. For the next nine days, you can get Sahara rooms starting at $30-$36. Who do they think they’re kidding with this $272 New Year’s Eve baloney?

On the plus side, maybe running the Sahara with fewer rooms will eventually goose its ADRs a bit. (The Sahara says it will reopen the towers when demand increases, which could be either Chinese New Year or never.) Besides, in such a saturated market, it might make a lot of sense to run the occupancy-challenged hotels with a leaner room inventory, putting one’s focus on the gambling value and better-quality food.

Rumor du jour. Speaking of hotel closures, The Mirage is alleged to be taking 14 floors out of service. It’s not like the place is hurting. During the week of Jan. 3-9, 2010, it will be one of only four leading Strip hotels to post a price increase (11%) from last January.

Update: It’s been confirmed that “some rooms” will be out of action. I’ll keep you posted. Meanwhile blogger R.C. Clark posts some worrisome Vdara statistics.

Posted in Architecture, CityCenter, Current, Dining, Economy, Entertainment, Herbst Gaming, Louisiana, Macau, Marketing, MGM Mirage, Missouri, Pinnacle Entertainment, Sahara, Sheldon Adelson, Stanley Ho, The Strip | 4 Comments

Quote of the Day

Steve [Wynn] is a very interesting, creative guy and he has a wonderful view of the future and a view of the history which is not always aligned with my recollection of the history whatsoever or a lot of people’s.” — MGM Mirage CEO Jim Murren on Wynn’s criticism of how CityCenter was financed.

Posted in CityCenter, MGM Mirage, Steve Wynn, The Strip, Wall Street | 3 Comments

Torrents of Greed

A few random musings …

MGM Mirage CEO Jim Murren can wax eloquent on the subject of sustainable development but I suspect that any pensées he might have offered Dubai World on the subject would have been pearls before swine. Dubai World prides itself on the unsustainability of its growth. In the course of doing some Dubai-related research last weekend, one vignette stands out from all the others. It’s another instance of how the sheikdom resembles a psychotic version of Las Vegas.

The emirate has grown so much faster than its infrastructure that sewage trucks literally have to queue up for days on end at the reprocessing plant. In their frustration, truckers have been known to pry open manhole covers and pour their putrid cargo straight into the Persian Gulf. Since Dubai has no freshwater sources of its own, all its irrigation and potable water have to drawn from — you guessed it — the Persian Gulf via desalinization plants. Which means that Tiger Woods‘ golf course is watered with … well, you get the picture.

On the subject of Mr. Woods, perhaps the only truly interesting revelation from his saga of douchebaggery is the disclosure that he’s a tightwad. Which, come to think of it, would go hand in glove with his affect-less demeanor. Not only does Vegas happen to be Young Eldrick’s favored hunting ground, it’s also a tipocracy propelled by whose palm gets greased and how liberally (especially the nightclub scene which was Young Eldrick’s preferred haunt). If Woods was stiffing the cocktail servers — monetarily, I mean — could that be what came back to bite him in the tuchus?

Although the Woods story is becoming a tale of, “What happens here cost me a bunch of endorsements,” S&G spies a marketing opportunity amidst the gloom. With Criss Angel keeping a very low profile these days, the throne of the Strip’s Douchebag-in-Chief is currently vacant. Young Eldrick could reinvent himself as Vegas’ club lizard par excellence, his every move breathlessly chronicled by Robin Leach. And who needs Tag Heuer when you could sport TapouT watches and stylishly attire yourself in Ed Hardy duds, perhaps endorse some downmarket energy drink? You know that old cliché about the Chinese character for “crisis” and “opportunity” being the same thing (which sounds like something a motivational speaker made up, but never mind)? This may be the classic case in point.

Reap those hotel bargains, while yet you may. A survey released this morning by J.P. Morgan Research shows Strip room rates continuing to dive in January but then generally trending upward through the end of March. Except for Harrah’s Entertainment, that is. The 1Q10 trend there bodes ill. But if this were an episode of The Biggest Loser, the top spot might go to Excalibur, which — among the 25-plus hotels surveyed — finds itself at the bottom of the bargain bin, below even Circus Circus and two spots beneath the Tropicana. Our condolences to the castle and our congratulations to the Trop.

I’m taking requests. Except for the extraordinary show put on by Garth Brooks, I’m undecided as to what my next batch of reviews for WizardOfVegas.com should cover. Which shows would you like to read about? If’s not something that I’ve already critiqued for either WoZ WoV or CityLife, I’ll put it on the list. But, no I’m not going back to hear Wayne Newton again. Once was quite enough.

Posted in Alex Yemenidjian, CityCenter, Current, Dubai, Economy, Encore, Entertainment, Environment, Harrah's, International, Marketing, MGM Mirage, The Strip, Wall Street | 2 Comments

Quote of the Day

“Let’s stick to the cash.” — Steve Wynn, in response to Garth Brooks‘ offer to work for food money. Brooks was making a joke at the expense of his own avoirdupois.

Posted in Current, Entertainment, Steve Wynn | Comments Off on Quote of the Day

Worth the money

Those three words are all you need to know about Garth Brooksshow at Wynncore. (Also, I’m pledged to cover it for WizardOfVegas.com, so I can’t spill all the beans here.) If you’re lucky — as we were — your $$ also gets you the not-inconsiderable added value that is Trisha Yearwood.

As for the much-ballyhooed inspection process, it was either waived for the occasion last Saturday or is more bark than bite. Ticketholders are told to dig out their I.D.s — yet I did not see anyone’s I.D. being checked against the name on their ticket(s). So I guess the Wynncore folks have decided against enforcing their threats but still want to enjoy the inconvenience of making people brandish their drivers licenses just for the heck of it. I’d say it was a minor blemish on an evening of major enjoyment, but “petty” might be the more appropriate word.

(On the way out, we passed Steve Wynn and Sylvester Stallone, part of a foursome that looked like an ambulatory PSA for the inadvisability of plastic surgery. We also had the delight of encountering an antler-wearing Jean Scott.)

Anyway, I have to crunch a boatload of ADR numbers today, so the blogging forecast is partly cloudy. In the meantime, our LVA staff is trying to verify whether the “Venue of Death,” the Wyrick Entertainment Complex in Planet Hollywood has really closed or not … and whether two hotel towers at the Sahara are going “dark,” which is the rumor du jour.

When it’s harder to get a New Year’s Eve hotel room in Primm than on the Strip, you know the bottom has well and truly fallen out of the Vegas economy. Evening traffic on aforesaid Strip was smooth, light and easy to negotiate this weekend. Why do I get the feeling is Not A Good Thing?

Posted in Current, Economy, Entertainment, Planet Hollywood, Sahara, Steve Wynn, The Strip | 1 Comment

Bonuses for F-bleau; MGM plants flag in India

When your hopelessly over-budget resort project is bankrupt, stuck in the mud, mired in lawsuits and is basically a total writeoff, there’s only one thing to do. Award year-end bonuses, that’s what. Fontainebleau Chief Restructuring Officer Howard Karawan wants to play Santa Claus, lavishing $1 million in bonuses on what’s left of the F-bleau staff. Karawan would cross his own palm with silver to the tune of $300K (pushing his annual F-bleau compensation past the $1 million mark). It makes you wonder what kind of freaking dream world Karawan is inhabiting that he would demand such largesse.

fontainebleau-resortCreditors are understandably less than enthusiastic about Kris Kringle Karawan’s proposed munificence — nor is his offer to waive his own bonus all that impressive when one considers that he also draws a salary from F-bleau’s corporate parent, Turnberry Associates. Mrs. Karawan and the kiddies aren’t going to lack for Christmas presents this year. As for other F-bleau staffers, if they pitch a tantrum and leave because they didn’t get Santa Karawan’s promised bonus, there’s no shortage of unemployed casino professionals from whom he could find replacements with the necessary skill set, although a Las Vegas Sun reader summed it up best:

“‘I can’t get this job done without these people,’ Karawan said.”

“Apparently you couldn’t get the job done WITH them either.”

Lastly, I’m calling B.S. on Karawan’s claim of 17-20 prospective buyers. There aren’t many casino or resort investors with serious scratch right now and the big two — Penn National Gaming and Carl Icahn — have already shown their hands. Unless Genting Bhd has taken a sudden interest in F-bleau, these attempts to chum the waters will continue to lack credibility.

Today CityCenter, tomorrow Bangalore? An “advanced stage of talks” is where MGM Mirage says it’s at for expanding its hotel brands into India. It’s promising that, in a few months time, Bellagio– and MGM Grand-branded hotels (what, no Vdara?) will be announced. However, with eight cities still in the running, it looks like there’s a lot of whittling down left to do. Also, MGM Mirage Hospitality veep Rishi Kapoor‘s oh-so-very-casual mention of Goa — the one city in India where casinos are permitted — raises the question of whether this is really a hotel-only play after all. MGM wouldn’t be performing its fiduciary duty if it didn’t at least kick around the prospect of an Indian casino.

Posted in Carl Icahn, Current, Economy, Fontainebleau, Genting, International, MGM Mirage, Penn National, The Strip | 6 Comments

That’s a mouthful

To wit, the Wild Wild West is soon to be rebaptized as Days Inn – Las Vegas at Wild Wild West Gambling Hall. (Uff da!) Which kicks the prospect of “Viva” years further down the road. I mean, you know the Fertitta boys haven’t relinquished that pipe dream, although anybody who’d build a $10 billion megaresort on the west side of I-15 needs to have a quiet lie-down until the fit passes.

www-picThis would also put paid to any speculation — mine included — that Colony Capital‘s alleged plans to move Neverland Ranch to a near-Strip site made it a likely candidate to replace Wild Wild West. (Not that they couldn’t plunk it on the former site of Scandia Fun Center and some of that other Station Casinos/Fisher Bros.-owned real estate along Rancho. Just think of all the tourists who could see it from the 15.)

The Days takeover is slated for Dec. 15 and they’re touting $40/night rooms. In this economy, they’ll need to do better than that, methinks.

Gosh, where’s the problem? A total novice of a casino developer, Canadian-owned Baltimore City Entertainment Group wants a deadline extension from Maryland regulators, “even though they have yet to pay $19.5 million in required licensing fees or reveal their mystery investor.” That’s weak. A 3,750-slot casino is a massive endeavor and BCEG is pinning everything on Mystery Man and his tardy downpayment. If BCEG doesn’t have the scratch to pay its own licensing fee, it ought to be shown the door. The Baltimore market deserves a serious casino developer, not an amateurish submission like this. It sounds as though, for the time being, Baltimore would be better off with no casino project than with BCEG’s Chinese fire drill.

Posted in Colony Capital, Current, International, Maryland, Regulation, Station Casinos | 2 Comments

Tamares: the can’t-do spirit

Downtown has quite enough problems without Tamares Group‘s continued rubbishing of several former Jackie Gaughan casinos adding to the malaise. Now Tamares — or its casino-management sock puppet, BRH Gaming — has sent LVA the following, very depressing bulletin: “The Plaza Hotel & Casino downtown has closed the Omelet House, Aqua Pit and Aqua Lounge.  Please update your listings if you have these venues included.  Nothing is going to replace them at this time.  Thanks.”

plaza-pic“Nothing is going to replace them”? What a surprise. If Tamares is good at anything, it’s denuding casinos of their amenities are “replacing” them with a bare-bones experience (like the Plaza’s downsized buffet) that makes the early years of Midwest tribal gaming look downright palatial.

Hey Tamares, you want to make Downtown a better place? Then invest a dime or two in your casinos — or bring in a good management team (Millennium Gaming and Golden Gaming spring to mind) and give them the wherewithal to make your grind joints competitive again. Because, as of right now, Downtown would be better off without you.

Ice is toast. Another Riviera show folds. Considering that, when Ice opened, I heard it compared (unfavorably) to a high school play, the real surprise is that it lasted as long as it did.

Posted in Cannery Casino Resorts, Current, Dining, Downtown, Entertainment, Riviera, Tamares Group, The Strip, Tribal | 7 Comments

Rumpus @ The Rio, Vdara & other Case Bets

It’s shaping up to be a news-intensive day — and I have off-site commitments that will keep me away from the keyboard, but let’s see what we can cram in …

“The kiss that rocked The Rio”: The steamy scene that climaxed the afternoon portion of So Long, Springfield at The Rio last Saturday won’t be repeated when the Guiding Light farewell tour comes to Mohegan Sun on March 7. A nasty public falling-out between actress Crystal Chappell (who skipped the evening portion of SLS) and event organizer Michael S. Gold — whose quote about the turnout fell to Continue reading

Posted in Charity, CityCenter, Current, Dining, Donald Trump, Economy, Entertainment, G2E, Harrah's, IGT, MGM Mirage, Missouri, Phil Ruffin, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Tribal, TV | 6 Comments

Quote of the Day

“When the world ends, the Las Vegas headline will read: ‘World Ends: Experts Worry About Impact on Vegas Tourism.'” — Richard Abowitz, from his new blog, Gold Plated Door.

Posted in Current, Economy, Tourism | 1 Comment

Wall Street hearts Penn

Table games having been approved for Charles Town Races & Slots by a 60/40 margin, stock analysts are lurving Penn National Gaming … so long as Penn’s infatuation with Fontainebleau turns out to have been a passing malady. While those West Virginia tables are probably six months away, J.P. Morgan estimates they could add as much as $20 million to Penn’s cash flow. Further down the road, casino openings at Kansas Speedway, in Toledo and maybe even in Columbus promise a series of new money spigots.

Here in Vegas, Union Gaming Group‘s Bill Lerner was feeling sufficiently bullish about Penn to pitch a takeover of Pinnacle Entertainment. As Lerner notes, Pinnacle is at a crossroads and its future direction is a big question mark. (72-year-old John Giovenco, the temporary CEO, has ruled out a long-term role and if  interim Chairman Richard Goeglein takes the helm, God help Pinnacle.)

Lumiere-252

While Lerner’s proposed $15/share offer represents a huge premium to a stock that closed today at $10.37/share, it’s also a fire-sale price (5.6X EBITDA) for a company that ought to fetch at least $1.1 billion on the open market. Also, Penn doesn’t have anything in its portfolio as upscale as Pinnacle’s Lumiere Place (above), so I don’t know why anybody thinks the latter company should go for cheap. If either of this duo has “trophy assets,” it’d be Pinnacle.

Besides, there’s the small problem that Penn CEO Peter Carlino can’t be bothered with such talk. A Pinnacle bid makes hella more sense than taking on a flea-ridden mastiff like F-bleau. But it would also lumber Penn with three unfinished projects and some Boardwalk acreage in Atlantic City of which it couldn’t rid itself without taking a big write-down. (I wish it were otherwise but we all know the score.)

Assuming Penn would prevail in a bidding war for Pinnacle, it’s difficult to imagine Carlino relishing the task of finishing six or more casinos simultaneously and paying off the debt load. He’s right to stamp this idea, “Return to sender.”

A Harrah’s casino gave free liquor to a high roller to keep him playing? Nooooooooooo! Next you’re going to tell me they provide female companionship, too. Is there no end to this perfidy? If the casinos don’t protect us from our basest instincts, who will?

Seriously … booze and floozies are the traditional currency by which high-rollers are wooed, according to seasoned players, so Terrance K. Watanabe‘s accusations should hardly be serving as a wake-up call for the Nevada Gaming Control Board. Why does the NGCB seem forever to be out to lunch?

(Thanks to @Rlonjohnson for the link.)

Posted in Current, Election, Fontainebleau, Harrah's, Kansas, Missouri, Ohio, Penn National, Pinnacle Entertainment, Regulation, The Strip, Wall Street | 5 Comments

Walking in Vegas

Walking on the Vegas Strip, I was struck by the smell of sewage wafting between two of the fabulously opulent hotels, and I wondered whether this might be taken figuratively as a kind of miasma for a city going the way of Ozymandias.” — David Archer in The American.

ti-picSince I pass it every day on the bus, I know exactly which two-hotel nexus Archer is referencing. It’s the diagonal between Treasure Island and Wynn Las Vegas (or between the pirate place and The Palazzo, if you prefer). He’s not exaggerating about the cloacal stench: It’s a sulfuric fragrance that suggests that either Treasure Island had a side entrance by way of Hell or that thousands of toilets are simultaneously backed up.

What’s remarkable is that this problem has festered (and believe me, that’s the operative verb) for months on end and nothing ever seems to get done about it. It’s the olfactory equivalent of the Emperor’s New Clothes and it’s high time somebody (namely Mr. Archer) said something about it … unless there’s another intersection on the Strip that smells totally like ass, too. One is more than enough, please.

Posted in Phil Ruffin, Sheldon Adelson, Steve Wynn, The Strip | 2 Comments

Join the 104!

Just a quick programming note: If you’re not among the 104 — count ’em — Twitter followers of S&G, I’d recommend it for the following reason. There’s many a news story (like Stanley Ho‘s mysterious surgeries) that doesn’t even rise to the level of a “Case Bet” but still merits a link or a very brief mention. Hence, @stiffsgeorges is becoming a secondary news pipeline, we hope. So if you’re subscribing (or “subscirbe” as our Web site has it) only to the blog, you’re no longer getting the whole story.

Posted in Current, Stanley Ho, Technology | 2 Comments

Quote of the Day

“[Steve] Wynn on Switch renovation: ‘There’s nothing worse than a dead porte cochere.’ I often think this, don’t you?” — Steve Friess, from his Twitter feed.

Posted in Uncategorized | Comments Off on Quote of the Day