{"id":6311,"date":"2011-04-14T15:17:24","date_gmt":"2011-04-14T23:17:24","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=6311"},"modified":"2020-10-06T05:28:19","modified_gmt":"2020-10-06T13:28:19","slug":"low-rolling-at-aria-mgm-ups-china-ante-that-doggone-desert-xpress","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/low-rolling-at-aria-mgm-ups-china-ante-that-doggone-desert-xpress\/","title":{"rendered":"Low-rolling at Aria; MGM ups China ante; That doggone Desert Xpress"},"content":{"rendered":"

A SoCal-based player kindly shared this image from the latest Aria<\/strong>\/M life<\/strong> offer:<\/p>\n

\"\"My friend ran an experienced eye over the chips on the rail and concluded that it “must be the lowest-minimum craps table Aria has ever seen<\/em>,” as there’s an aggregate $60 in chips being played. Either that or these presumable mid-rollers have blown through their bankroll, accounting for the blonde’s look of anxiety, bordering on desperation.<\/p>\n

Unintentionally amusing as this may be, at least it’s not promoting anything irresponsible. We’re worlds away from Cantor Gaming<\/strong>‘s scummy push (abetted by I’ll-do-anything Assm. William Horne<\/strong> [D]) to legalize wide-open use of its portable gambling modules — yes, even in your hotel room. Allow me to suggest a promotional pitch, should this affront be voted into law: “Why gamble away Little Jimmy’s college fund? With Cantor’s Wall Street technology, Junior can do it all by himself!<\/em>”<\/p>\n

\"\"<\/strong>A picture that’s worth a New Jersey casino license.<\/em><\/p>\n

More MGM, less Pansy Ho<\/strong>. That’s the bottom line of the proposed MGM China<\/strong> IPO. Controversial casino heiress Pansy Ho<\/strong> would place some of her shares on the Hong Kong<\/strong> bourse, as well as buy $300 million in MGM Resorts International<\/strong> notes, convertible to stock. The company receives much-needed cash up front and Ms. Ho potentially gets to own a big piece of MGM down the road, even as her stake in MGM’s Macao<\/strong> operation goes to somewhere between 23% and 29%. But the aspect of the deal that has Wall Street<\/strong> excited is MGM’s increase of its ownership in MGM Grand Paradise<\/strong> to 51%, a vote of confidence in the property that — its market-share struggles aside — is more than justified.<\/p>\n

\"\"Analysts at J.P. Morgan<\/strong> worry that MGM may be “leaving some proceeds on the table” and could have extracted twice the price from Ms. Ho, based on certain cash-flow projections. However, MGM is finally and indisputably in the driver’s seat. By achieving majority control of its Chinese subsidiary, MGM also insulates itself from a potential post-Stanley Ho<\/strong> scenario in which Sociedade de Jogos de Macau<\/strong> stakeholders Pansy and Lawrence Ho<\/strong> achieve interlocking control of SJM, MGM and Melco Crown Entertainment<\/strong>. The ownership of Macao’s six casino concessions is becoming pretty incestuous as it is. MGM’s financial prophylactic seems a very wise investment.<\/p>\n

What’s happening<\/strong> with that doggone Choo-Choo-to-Nowhere (aka Victorville<\/strong>) that Sig “The Fixer” Rogich<\/strong> and Sen. Harry Reid<\/strong> (D-NV) have been trying to juice forward? Is still looks hellaciously expensive and ludicrously impractical … but I see the movie version will be in cinemas tomorrow.<\/p>\n

Yes, watch Part One of the film version of the only book the editorial board of the Las Vegas Review-Journal<\/em> has ever read! It’s kind of disturbing, though, that the Voice is of Reason is embodied by the creepy police captain<\/a> from Dexter<\/em>, a character so vile he makes Michael C. Hall<\/strong>‘s serial killer look almost virtuous.<\/p>\n","protected":false},"excerpt":{"rendered":"

A SoCal-based player kindly shared this image from the latest Aria\/M life offer: My friend ran an experienced eye over the chips on the rail and concluded that it “must be the lowest-minimum craps table Aria has ever seen,” as … 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":[23,34,148,56,28,52,94,62,53,93,11,10,110,90,25,61,8,9,100,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/6311"}],"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=6311"}],"version-history":[{"count":5,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/6311\/revisions"}],"predecessor-version":[{"id":28097,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/6311\/revisions\/28097"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=6311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=6311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=6311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}