When I first heard the phrase “Hard Rock Hotel collapse” over the weekend, I thought something had gone awry in the final stages of Hard Rock Hollywood, set to open Oct. 24. But no, it was a Hard Rock project in New Orleass that tragically crumpled, killing two and injuring 30. So precarious was the situation in the Big Easy (feeling more than a bit uneasy) that search-and-rescue operations were Continue reading
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see Las Vegas as a cyclical but long-term growth market, given strong leverage to US and global travel. We see defensive, domestic growth in Regional markets, with some supply growth. We are positive on the long-term outlook for Macau but think the next few months could be volatile, given macro, geopolitical, and licensing risks.”
capitalize on the Chicago market did not take long to produce dividends,” said Dustin Gouker, lead analyst for PlayIndiana.com. “This is the largest handle we’ve seen in a state’s first month of legal sports betting, and it happened without the benefit of online sports betting, which didn’t launch until October. Participating casinos were
gross was $173 million. There were some big swings and roundabouts, but too isolated to allow for generalizations. In the northern tier, Horseshoe Hammond continued to be a powerhouse, up 7% to $34 million. Majestic Star I was also revenue-positive, up 1% to $7 million. No such luck at Majestic Star II, tumbling 9% to $4.5 million. Blue Chip (pictured) was flat at $13 million and Ameristar East Chicago shed 5.5% to gross $17 million.
So what the Sam Hill is it doing there? Is Boyd Gaming trying to flash a bit of ankle at potential buyers (even archnemesis Station Casinos would be interested)? Only CEO Keith Smith knows for sure. Also, Tony Hsieh appears to be cashing out of some of his Downtown Project agglomeration of motels, if my eyes don’t deceive me. The conversion of Downtown into Hsiehville has stalled in recent years, so a liquidation would not come as a surprise. (Thanks to an eagle-eyed S&G reader for the tip.)
tonight is really not for a casino in Rockford. But it’s the best way to block the unregulated [read: tribal] casino from moving forward in Beloit.” Alderwoman Venita Hervey requested a bit of old-fashioned Illinois graft, asking Hard Rock to spread some money in her ward, even though the casino isn’t going there. The recommendation now
equally—and with 40.5% market share. Maryland Live ($48 million) was second with 33.5% but it came at a price: a 5% decline in gaming revenue. Horseshoe Baltimore ($18.5 million) fell 1o%, Hollywood Perryville ($6 million) ceded 5% while Churchill Downs managed to eke out a flat month—and $7.5 million—at Ocean Downs. That left Rocky Gap out in the burbs, where Golden Entertainment gained 3% for $5 million. In West Virginia, gaming revenue was
bribing Department of Corrections Commissioner Christopher Epps with casino chips in return for such concessions as inmate phone services, unwittingly highlighting the corruption that runs rampant in the American penal system. After Epps was caught and pleaded guilty (he’s presently doing time), the quartet of malefactors moved on to Kemp County Sheriff James Moore.
I think; is this a status thing?), while The Rio‘s impost will be $39.68. Resort fees seem to have become—pardon our language—a dick-measuring contest between rival CEOs. We sure wish they’d leave the consumer out of it. Of course, you can always stay at the Four Queens or Binion’s Gambling Hall and avoid this resort-fee madness altogether.
“Steve Wynn, pressured [women] to not talk with the media, only to later joke about kissing female employees.” Former company president Maurice Wooden is quoted in the lawsuit as having told nine Jane Does not to speak with the press, which was taken as a threat. As for the anonymity of the plaintiffs—each of whom seeks $50,000—“Plaintiffs belief that public disclosure of their identities will subject them to further retaliation, humiliation and scorn, will invade their solitude and privacy and that of their families if it becomes known what lurid and abusive conduct was directed at them by Steve Wynn.”
Victims are generally happy with the outcome but the real bottom line is given by widow Heather Melton, who says no
operatic outrage from Sin City restaurant critics). Las Vegas hit the #1 spot for “affordability and accessibility of highly rated restaurants” but was pulled down by being 26th in average beer and wine price (well earned, sad to say) and 26th in craft breweries and wineries per capita—Ellis Island can’t do it alone. Sin City was also 26th in number of grocery stores per capita. On the upside, Vegas ranked #1 in coffee and tea shops per capita and fourth in restaurants per capita, as well as 
missed the deadline by a whopping six months. Hey, when you’re rolling in dough as Pennsylvania’s top casino it’s easy to get amnesiac like that. The overage was $1,122,654.89, Parx having apparently miscalculated its slot revenue. It was an error that stretched over a two year period, 2009-11. Parx parent Greenwood Racing belatedly came around an applied for a refund in mid-2014, too late to get its money back.