{"id":13200,"date":"2014-04-03T11:24:55","date_gmt":"2014-04-03T19:24:55","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=13200"},"modified":"2014-04-03T11:52:28","modified_gmt":"2014-04-03T19:52:28","slug":"requiem-for-megaresorts-deferred-deadline-in-massachusetts","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/requiem-for-megaresorts-deferred-deadline-in-massachusetts\/","title":{"rendered":"Requiem for megaresorts?; Deferred deadline in Massachusetts"},"content":{"rendered":"<p><a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2014\/04\/Waterlogue.jpg\"><img loading=\"lazy\" class=\"alignright size-medium wp-image-13202\" alt=\"Waterlogue\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2014\/04\/Waterlogue-300x230.jpg\" width=\"300\" height=\"230\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2014\/04\/Waterlogue-300x230.jpg 300w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2014\/04\/Waterlogue-150x115.jpg 150w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2014\/04\/Waterlogue-1024x785.jpg 1024w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2014\/04\/Waterlogue.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Is the megaresort era over? It had a pretty good run, from 1989 until the Great Recession. That&#8217;s a solid two decades. There are still one or two megaresort projects still out there, notably <strong>Genting Group<\/strong>&#8216;s <strong>Resorts World Las Vegas<\/strong>. But they feel like anachronisms. Now the buzzword is &#8220;boutique&#8221; and small-is-beautiful is the mantra. The most truly boutique-y are <strong>The Cromwell<\/strong>, with its 188 rooms, and the 181-room <strong>Nobu Tower<\/strong> at <strong>Caesars Palace<\/strong>. (Whoever thought we&#8217;d equate <strong>Caesars Entertainment<\/strong> with intimate settings?)<\/p>\n<p>At the high end of &#8220;boutique,&#8221; you&#8217;ll find 1,100-room <strong>THEhotel<\/strong> at <strong>Mandalay Bay<\/strong>. It&#8217;s scheduled for conversion to the <strong>Delano<\/strong> brand this summer. In one important way it&#8217;s a purely cosmetic change: <!--more-->Even though <strong>Morgans Hotel Group<\/strong> owns the Delano brand, <strong>MGM Resorts International<\/strong> will continue to own and manage the property. That point has been made so emphatically and repeatedly that it&#8217;s like MGM wants to reassure people that those Morgans screwups won&#8217;t have anything to do with the revamped hotel. (Their tenure at the <strong>Hard Rock Hotel &amp; Casino<\/strong> was a litany of ineptitude.) <strong>Howard Stutz<\/strong> <a href=\"http:\/\/www.reviewjournal.com\/business\/business-press\/megaresort-trend-fades-companies-focus-luxury-small-settings\" target=\"_blank\">takes a tour of the &#8220;boutique&#8221; properties on the Strip<\/a>, asking the question of whether smaller is better.<\/p>\n<p><strong>Caesars Interactive<\/strong>&#8216;s acquisition of <strong>Playtika<\/strong> is paying off. <a href=\"http:\/\/techcrunch.com\/2014\/04\/02\/socialcasino-distimo\/\" target=\"_blank\">It is the single largest revenue producer<\/a> on both the<strong> iOS App Store<\/strong> and on <strong>Google Play<\/strong>, averaging 21.5% of overall revenue. (<strong>International Game Technology<\/strong>&#8216;s <strong>DoubleDown Interactive<\/strong> doesn&#8217;t even come close.) In other words, <strong>Slotomania<\/strong> rules.<\/p>\n<p>The <strong>Massachusetts Gaming Commission<\/strong> has just chosen to extend the deadline for Region C casino applicants. It will now be a date in September yet to be determined (after the MGC has grappled with <strong>Neil Bluhm<\/strong>&#8216;s request for a waiver of the $500 million minimum-investment requirement). This is bad news for <strong>Foxwoods Massachusetts<\/strong>, which was hoping to speed across the July 23 threshold, leaving its competitors in the dust. Others, less organized &#8212; Bluhm doesn&#8217;t even have a site &#8212; will be happy with today&#8217;s decision. Kudos to the <em>Springfield Republican<\/em>, by the way, for live-streaming MGC hearings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is the megaresort era over? It had a pretty good run, from 1989 until the Great Recession. That&#8217;s a solid two decades. There are still one or two megaresort projects still out there, notably Genting Group&#8216;s Resorts World Las Vegas. &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/requiem-for-megaresorts-deferred-deadline-in-massachusetts\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[166,120,149,7,29,37,112,11,102,91,25],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/13200"}],"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=13200"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/13200\/revisions"}],"predecessor-version":[{"id":13203,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/13200\/revisions\/13203"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=13200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=13200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=13200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}