{"id":22248,"date":"2018-08-13T07:28:49","date_gmt":"2018-08-13T15:28:49","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=22248"},"modified":"2018-08-13T07:28:49","modified_gmt":"2018-08-13T15:28:49","slug":"missouri-becalmed-scientific-smackdown","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/missouri-becalmed-scientific-smackdown\/","title":{"rendered":"Missouri becalmed; Scientific smackdown"},"content":{"rendered":"

One less weekend day was costly to Missouri<\/strong> casinos in July, when their revenue declined 2% to $150.5 million. The Kansas \"\"City<\/strong> market had the worst of it, off nearly 4%. Slot revenues ($128.5 million) were down 2% and table games ($22 million) fell 4%. Don’t tell that to Ameristar Kansas City<\/strong>, which was up 8%, to $17.5 million. Harrah’s Kansas City<\/strong> had a terrible month, plunging 12% to $15 million. Argosy Riverside<\/strong> slid 5.5% to $13.5 million while Isle of Capri Kansas City<\/strong> was 6.5% underwater, grossing $6 million.<\/p>\n

In the St. Louis<\/strong> market, Ameristar St. Charles<\/strong> ceded 1.5%, grossing $23.5 million. Pinnacle Entertainment<\/strong>‘s other\u00a0property, River City<\/strong>, didn’t strike it rich either, down 1% to $19.5 million. Hollywood St. Louis<\/strong> did worse still, falling 5% to $20 million. Star performer of the area was Tropicana Entertainment<\/strong>‘s Lumiere Place<\/strong>, jumping 7% to $13.5 million. Except for St. Jo Frontier<\/strong> (up 8.5%), all outlying casinos were negative, with Isle of Capri Cape Girardeau<\/strong> (-8.5%, $5 million) having the worst of it. I’m not sure why Eldorado Resorts<\/strong> wanted the Isle brand but that’s why the Caranos get paid the big bucks.<\/p>\n

*\u00a0Much to the undoubted chagrin of Elaine Wynn<\/strong>, former Wynn Resorts<\/strong> corporate counsel Kim Sinatra<\/strong> is sailing away on a $1.8 \"\"million golden parachute<\/a>. “Such payment reflects all unpaid base salary through December 31, 2018, projected 2018 bonus compensation, and unpaid but accrued vacation pay,\u201d said a company SEC<\/strong> filing. As for that ongoing unpleasantness in Massachusetts<\/strong>, Sinatra has assented to \u201ccooperate with the company and regulatory authorities regarding any outstanding matters.\u201d Meanwhile, successor Ellen Whittemore<\/strong> will be paid $600K annually and is eligible for an equal amount of bonus compensation. If she gets Wynn Resorts out of the pickle it’s in she’ll have earned that extra cash.<\/p>\n

* Scientific Games<\/strong> is not going quietly in an antitrust case that could lighten its wallet by $315 million plus court costs. U.S. District Judge Matthew Kennelly<\/strong> tripled the damages<\/a> awarded to four small gaming firms who were thwarted by invalid patents \"\"filed by Scientific. According to Las Vegas Review-Journal<\/em> reporter Richard Velotta<\/strong>, “The court order says Scientific, doing business as Shuffle Master<\/strong>, SHFL Entertainment<\/strong> and Bally Gaming<\/strong> \u2014 all companies Scientific has absorbed in acquisitions \u2014 must pay Shuffle Tech International LLC<\/strong> $135 million, Poydras-Talrick Holdings LLC<\/strong> $75 million, Aces Up Gaming<\/strong> $45 million, and Shuffle Tech as an assignee of DigiDeal Corp<\/strong> $60 million.”<\/p>\n

* If you’ve never seen the rotating sign that used to mark the Silver Slipper Casino<\/strong> you’re not too late: The Neon Museum<\/strong> has, after careful study, restored it to its original color scheme<\/a>, including the blue insole. Perhaps the slipper’s greatest claim to fame was to inspire noted paranoiac Howard Hughes<\/strong> to fear that it concealed a cameraman who snapped pictures of the billionaire from inside the rotating shoe.<\/p>\n","protected":false},"excerpt":{"rendered":"

One less weekend day was costly to Missouri casinos in July, when their revenue declined 2% to $150.5 million. The Kansas City market had the worst of it, off nearly 4%. Slot revenues ($128.5 million) were down 2% and table … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[40,77,244,51,237,199,140,85,112,39,69,30,25,160,107,8,21,233],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/22248"}],"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=22248"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/22248\/revisions"}],"predecessor-version":[{"id":22250,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/22248\/revisions\/22250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media\/10418"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=22248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=22248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=22248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}