{"id":15687,"date":"2015-03-11T11:01:59","date_gmt":"2015-03-11T19:01:59","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=15687"},"modified":"2015-03-11T11:01:59","modified_gmt":"2015-03-11T19:01:59","slug":"adelson-vs-lottery-big-weekend-at-sls","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/adelson-vs-lottery-big-weekend-at-sls\/","title":{"rendered":"Adelson vs. lottery; Big weekend at SLS"},"content":{"rendered":"

Proving that gaming is the only taxable udder on which the Nevada<\/strong> Legislature dares tug, Assemblyman Harvey Munford<\/strong> has proposed a state lottery. The purported use of lottery \"Munford\"<\/a>proceeds would be to help senior citizens and support public education. “The Las Vegas<\/strong> Democrat said the resolution would help increase state revenues without burdensome tax increases,” reported one newspaper<\/a>, but it’s not like Nevadans are sitting on an unlimited pile of money. Whatever goes into a lottery will come out of other sectors of our economy. (To become law, the bill would have to pass two consecutive legislatures and the 2018 election.)<\/p>\n

It’s sure as the sunrise that the Nevada Resort Association<\/strong> will pose opposition to the Munford proposal but Las Vegas Sands<\/strong> didn’t wait around for the NRA to get its act together. Sands spokesman Ron Reese<\/strong> was quick to express Sheldon Adelson<\/strong>‘s intent to oppose the bill. As obstreperous as old Sheldon is, he sometimes uses his powers for good and this is one such occasion.<\/p>\n

* Strip casinos had two reasons to rejoice today. One is that Celine Dion<\/strong> issued a statement affirming her intent to return to Caesars Palace<\/strong>, although a date certain was not given<\/a>. \"sls-pic\"<\/a>Dion has been nursing husband Rene Angelil<\/strong> through a bout of cancer. The other reason to feel upbeat was that SLS Las Vegas<\/strong> finally has some good news to report. President Scott Kreeger<\/strong>‘s changes have included an augmentation of the casino-host staff. That paid off last weekend when an anonymous blackjack player blew $1 million at SLS’ tables. The casino is also bracing itself for a big flow-through when MGM Resorts International<\/strong> brings Rock in Rio<\/strong> to the opposite side of the Strip.\u00a0\u201cWe\u2019re hoping to see upwards of 10,000 a day from the monorail.\u00a0We\u2019re banking on Rock in Rio. It should be a huge uptick for us and help the city as well,\u201d Senior Vice President of Restaurant Operations Matt Erickson<\/strong> told local columnist Norm(!) Clarke<\/strong>.<\/p>\n

* “Unusually lousy weather” is the excuse being given<\/a> for subpar performance by St. Louis<\/strong>-area casinos last month. Those on the Missouri<\/strong> side of the river (newer properties, on average) were off 5%, while those in Illinois<\/strong> declined 11%, driven by an 18.5% downward spiral at GLPI’s prize property, Casino Queen<\/strong>. GLPI is going to have to decide whether to keep the Queen or not, should its hostile takeover of Pinnacle Entertainment<\/strong> go through. The Federal Trade Commission<\/strong> is certain to frown upon GLPI owning three casinos in the St. Louis<\/strong> market (including River City<\/strong> and Ameristar St. Charles<\/strong>), just as it did when Pinnacle engorged Ameristar Casinos<\/strong> not so long ago.<\/p>\n","protected":false},"excerpt":{"rendered":"

Proving that gaming is the only taxable udder on which the Nevada Legislature dares tug, Assemblyman Harvey Munford has proposed a state lottery. The purported use of lottery proceeds would be to help senior citizens and support public education. “The … 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":[40,4,190,7,58,11,39,30,33,25,162,12,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/15687"}],"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=15687"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/15687\/revisions"}],"predecessor-version":[{"id":15689,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/15687\/revisions\/15689"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=15687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=15687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=15687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}