{"id":10929,"date":"2013-06-04T12:16:51","date_gmt":"2013-06-04T20:16:51","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=10929"},"modified":"2013-06-04T12:16:51","modified_gmt":"2013-06-04T20:16:51","slug":"dont-tell-sheldon-east-coast-misadventures","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/dont-tell-sheldon-east-coast-misadventures\/","title":{"rendered":"Don’t tell Sheldon!; East Coast misadventures"},"content":{"rendered":"

As EuroVegas<\/strong> appears on the verge of collapse, recent bulletins pile another indignity upon Sheldon Adelson<\/strong>. When Barcelona<\/strong>‘s BCN World<\/strong> wanted to add a casino, it reached 3\/4 \"\"of the way around the globe to recruit … Melco Crown Entertainment<\/strong> as operator. Oh, the irony<\/a>! The humiliation! The $1 billion Barcelona casino seems a bit small — 1,100 hotel rooms — to warrant so high a budget. However, it’s quite a feather in Melco Crown’s cap to obtain a European foothold while Adelson is losing traction.<\/p>\n

Back home in Macao, Melco rival Galaxy Entertainment<\/strong> is waxing positive on VIP play this year. CEO Lui Che Woo<\/strong> won’t have Phase III of Galaxy Macau<\/strong> online until 2015, giving his competition and himself a breather to absorb new capacity.<\/p>\n

\"\"Ohio lawmakers recently<\/strong> (and rather belatedly) outlawed gray-market Internet<\/strong> cafes, in large part to funnel more patrons to the state’s four casinos and two racinos. If indeed that is the case, it better start happening soon. Day-tripper business at Horseshoe Cleveland<\/strong> has been so sluggish that Lakefront Lines<\/strong> is reducing service<\/a> and may eliminate it entirely. Not even $15 in free play has enticed punters to take the bus rides. (Presque Isle Downs<\/strong> offers $30 free play.) If and when all seven racinos are open, Ohio<\/strong> gambling venues will likely find there’s just not enough business to go around.<\/p>\n

\"\"Having blown yet another<\/strong> opportunity to get into the casino game, the State of New Hampshire<\/strong> will study the issue some more<\/a>. At least the outcome might be the simultaneous implementation of casino legislation and<\/em> regulations. Massachusetts<\/strong> has failed to do that, so its approval process is something of a Chinese fire drill. However, by the time the Granite State gets around to doing anything, Massachusetts will probably have opened its first casino — and then the cat is amongst the pigeons. One of the innumerable Sununu<\/strong> spawn sniffed, “It doesn\u2019t have any real legs now or in the future.” Oh, it will … once it’s too late.<\/p>\n

Further to the south<\/strong>, tribal casinos in Connecticut<\/strong> have a new threat on their flanks: VLTs at the state’s parimutuels. At this point, I’d call it a long shot but it would juice Mohegan Sun<\/strong> and Foxwoods Casino Resort <\/strong>(below) into the resultant tax revenues (presumably to keep them from cutting off slot-revenue payments to Hartford<\/strong>). It also dovetails with an expansion of the state lottery. It’s the most serious fissure in tribal exclusivity the state has seen to date.<\/p>\n

\"\"Speaking of Foxwoods<\/strong> … one of the industry’s most encouraging comeback stories continued next week when the casino lured Gary DiBartolomeo<\/strong> away from Valley Forge Casino Resort<\/strong> to become its chief marketing officer. A decade ago, ‘DiBart’ appeared done, ruined by a gambling addiction and sundry violations of New Jersey<\/strong> regulations. Congratulations to Foxwoods, which desperately needs DiBartolomeo’s expertise, and also to the veteran executive, who continues to reassemble his career.<\/p>\n","protected":false},"excerpt":{"rendered":"

As EuroVegas appears on the verge of collapse, recent bulletins pile another indignity upon Sheldon Adelson. When Barcelona‘s BCN World wanted to add a casino, it reached 3\/4 of the way around the globe to recruit … Melco Crown Entertainment … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,7,22,37,53,112,93,163,71,95,33,12,92,31,100,20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10929"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=10929"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10929\/revisions"}],"predecessor-version":[{"id":10932,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10929\/revisions\/10932"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=10929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=10929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=10929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}