{"id":648,"date":"2008-12-05T17:26:00","date_gmt":"2008-12-06T01:26:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2008\/12\/5\/Fear-of-flying"},"modified":"2018-02-20T09:08:02","modified_gmt":"2018-02-20T17:08:02","slug":"fear-of-flying","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/fear-of-flying\/","title":{"rendered":"Fear of flying"},"content":{"rendered":"

There may have been more to James Packer<\/strong>‘s inability to attend his scheduled Nevada Gaming Control Board<\/strong> appearance than not having a plane ticket (which was more or \"\"less the official excuse<\/a>). Today’s Sydney Morning Herald<\/em> reports that Packer’s Crown Ltd<\/strong>. can’t close on its purchase of Cannery Casino Resorts<\/strong> until early ’09<\/a>. So, being unable to arrange a flight from Australia to Las Vegas works out rather conveniently, no?<\/p>\n

Even so, Crown assures the investment community that, once some i’s are dotted and t’s crossed, it’ll have $900 million for additional casino purchases. And if ever there was a buyer’s market for casinos, we’re entering it. Then again, Packer has a history of rolling snake eyes on casino investments (Station Casinos<\/strong>, Harrah’s Entertainment<\/strong>, Crown Las Vegas<\/strong>, and the all-but-dead<\/a> Macau Studio City<\/strong>. City of Dreams<\/strong> isn’t looking too hale, either. Oh, and even employees at volatile Crown Macau<\/strong> are being furloughed<\/a>; but management says they’re really happy about it<\/a>).<\/p>\n

Meanwhile, let’s hope that the next time Mr. Packer has an appointment with Nevada regulators the dog doesn’t eat his homework the night before.<\/p>\n

Server-based gambling takes off<\/strong>. See, you skeptics! You said it would never happen, didn’t ya? The joke’s on you!<\/p>\n

Oh … hold on … what’s that? The “high-potential gaming market of Cambodia<\/a>,” you say? To be followed by the cleaner-than-a-hound’s-tooth Philippines<\/strong>?<\/p>\n

On second thought, forget I said anything.<\/p>\n","protected":false},"excerpt":{"rendered":"

There may have been more to James Packer‘s inability to attend his scheduled Nevada Gaming Control Board appearance than not having a plane ticket (which was more or less the official excuse). Today’s Sydney Morning Herald reports that Packer’s Crown … 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":[73,22,96,62,25],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/648"}],"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=648"}],"version-history":[{"count":4,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/648\/revisions"}],"predecessor-version":[{"id":21221,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/648\/revisions\/21221"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}