{"id":14870,"date":"2014-10-28T11:42:12","date_gmt":"2014-10-28T19:42:12","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=14870"},"modified":"2023-05-09T04:17:31","modified_gmt":"2023-05-09T12:17:31","slug":"election-special-whats-at-stake-fire-sale-at-trump","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/election-special-whats-at-stake-fire-sale-at-trump\/","title":{"rendered":"Election Special: What’s at stake; Fire sale at Trump"},"content":{"rendered":"

We know the big enchilada is Massachusetts<\/strong>, where repeal of the state’s casino law is on the ballot. It looks like it’s going to lose big-time, but anti-gambling sentiment runs \"file_3_3\"<\/a>deep in parts of the state. We’ve already been over California<\/strong>‘s Proposition 48<\/strong>, which would nix a casino compact between the state and the the North Fork Rancheria of Mono Indians<\/strong>. In other states …<\/p>\n

Colorado<\/strong> voters are mulling expansion of gambling to several would-be racinos<\/a>. This appears likely to go down to defeat and gambling expansions in Colorado haven’t substantially enlarged the revenue pie. Rhode Island<\/strong> voters have two constitutional questions to ponder. One would add table games to Newport Grand<\/strong> slot parlor, the other would require casinos to have majority support from voters before relocating.<\/p>\n

Amazingly, charitable raffles are still illegal in Kansas<\/strong> and South Carolina<\/strong>. Voters could change that with a “yes” vote on Nov. 4. Staying on the subject of charity, Tennessee<\/strong> voters are being asked to approve an annual lottery. However, even if they approve it, the Lege has to give it two-thirds approval. Similarly, state legislators would have permission to give Deadwood<\/strong> (and South Dakota<\/strong> Native American tribes) sanction to add live keno, craps and roulette to their casinos, if voters say “aye.”<\/p>\n

\"Trump_Plaza\"<\/a>* Trump Entertainment Resorts<\/strong> continues to denude Trump Plaza<\/strong> of inventory. The latest move is to supplicate the bankruptcy court for permission to sell 353 slot machines to\u00a0Patriot Gaming & Electronics Inc<\/strong>. Ominously, the projected\u00a0$146,650 windfall won’t go toward operating costs at Trump Taj Mahal<\/strong> but to satisfying creditors. In the meantime, the observation that Atlantic City<\/strong>‘s “poverty is just extraordinary” leaves you wondering how the city managed to fritter away its years of prosperity.<\/p>\n

*\u00a0“There’s no question it’s a fairly rough site.\u00a0There’s nothing on it. There’s very little vegetation. No buildings … Along the water’s edge, there’s remnants of the site’s industrial past \u2014 bulkheads, crane rails, that sort of stuff<\/em>.” That’s Wynn Resorts<\/strong> consultant Chris Gordon<\/strong>, describing the state of the future site of Wynn Boston<\/strong> (or whatever they eventually call it). The former Monsanto Chemical<\/strong> plant is described as being rife with “arsenic, lead, copper and other heavy metals<\/a>” that Wynn will either have to neutralize or somehow remove. It’s a $30 million, four-month project that the company hopes to begin next year. Wynn will furthermore re-seed the Mystic River<\/strong> with oyster beds that will reduce pollution and — it is hoped — bring fish and other aquatic life back to the area.<\/p>\n

* Station Casinos<\/strong> is in the spotlight this week for the success of its Teradata Active Enterprise Data Warehouse<\/strong> platform, an investment which has produced 100% ROI in six months. (Beat that!) It’s also credited with an 8% savings in marketing costs, \"station1\"<\/a>as the company is able to target customers more precisely, thanks to data collected from 14 years’ worth of Boarding Pass<\/strong> data. Consequently, slot revenue is up 4%<\/a>. Predicts Forbes<\/em>, “Deep-dive and real time data analytics will play a major, growing part in marketing decision making across Las Vegas<\/strong> as the locals and tourist market brands look to hit a point where they can fully predict which customers will spend in which manner.”<\/p>\n","protected":false},"excerpt":{"rendered":"

We know the big enchilada is Massachusetts, where repeal of the state’s casino law is on the ballot. It looks like it’s going to lose big-time, but anti-gambling sentiment runs deep in parts of the state. We’ve already been over … 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":[23,34,24,27,26,117,45,53,112,111,130,182,57,32,8,20,169],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/14870"}],"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=14870"}],"version-history":[{"count":3,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/14870\/revisions"}],"predecessor-version":[{"id":32613,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/14870\/revisions\/32613"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=14870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=14870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=14870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}