{"id":7192,"date":"2011-07-26T14:07:47","date_gmt":"2011-07-26T22:07:47","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=7192"},"modified":"2020-12-09T06:51:44","modified_gmt":"2020-12-09T14:51:44","slug":"for-sale-one-casino-slightly-used-golden-showers-in-lv","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/for-sale-one-casino-slightly-used-golden-showers-in-lv\/","title":{"rendered":"For sale: One casino, slightly used; Golden showers in LV"},"content":{"rendered":"

\"\"Pity MGM Resorts International<\/strong>. It owns half of the top-grossing casino in Atlantic City<\/strong> and can’t give it away. Yup, as many feared, investor Leonard Green<\/strong> has slinked off into the tall grass, leaving MGM with 50% of Borgata<\/strong> it can’t unload — perhaps not until 2014<\/a>. Now that Green has half off the Palms<\/strong>, evidently the sheen if off of his New Jersey<\/strong> impulse buy. The screaming sound you hear is the asking price for MGM’s Borgata share falling to the ground. Boyd Gaming<\/strong> has made it pretty clear that it’s neither interesting in selling Borgata nor buying out MGM’s stake, so the lion’s going to need to take a big writedown. Have they tried listing it on eBay<\/strong>?<\/p>\n

\"\"Pee party<\/strong>. Of course, back here in Vegas the buzz of the moment concerns the preponderance of piss<\/a> in “daylife” pools. And the pissiest piscine<\/em> belongs to … Tao Beach<\/strong>, with runner-up status awarded to Wet Republic<\/strong> (left<\/em>). Congratulations, Las Vegas Sands<\/strong>! Thumbs-up, also, to Liquid<\/strong> at Aria<\/strong>, which managed to make the Top Five in its first year of operation. We now know for certain of at least one<\/em> category in which that hotel behemoth isn’t underachieving. The Tao peeps say they’re on the case and we can swim with a clean conscience (or something). Test-lab descriptions of pool-party water [sic<\/em>] range from untreated river H2O to “treated sewage effluent.”<\/p>\n

Why does none of this surprise me?<\/strong> Given the behavior, inebriation level and general air of entitlement of the people who flock to dayclubs, the revelation that they’re relieving themselves in the Rehab<\/strong> pool (germiest of the bunch) is about as shocking as being told the sun rose in the east today. I cannot even feign<\/em> outrage. Heck, if the douchebag-and-floozy crowd wants to procreate<\/span> recreate in what’s basically an open-air sewer, that’s simply Darwinian natural selection at work, no?<\/p>\n

Besides, as Deanna Rilling<\/strong> makes clear in her inimitably insipid fashion, American holidays are about daylife, liberty and the pursuit of … huge gazongas.<\/p>\n

Penn-dulum swing<\/strong>. Executives at Penn National Gaming<\/strong> say t<\/a>hey’re totally mellow about the prospect of competition from Cordish Gaming<\/strong>‘s Arundel Mills<\/strong> project (despite the underperformance of Penn’s own Perryville<\/strong> slot parlor). Gosh, makes you wonder why Penn went to such extreme and sometimes dodgy lengths to kneecap Cordish these last couple of years.<\/p>\n

\"\"There’s even less cause to worry in Ohio<\/strong>, where Penn has agreed to the annexation<\/a> of its Hollywood Casino<\/strong> site. Initially, Penn had wanted the perks of being in Columbus<\/strong> (like sewage removal, for instance) without the concomitant responsibility … i.e., tax payments. This, as you might expect, caused some small friction betwixt city and casino-to-be. To show that there are no hard feelings, Columbus’ city fathers are kicking in $15 million of tax abatements. That’s pretty darn “george” of them when you consider the massive financial concessions the company made to Gov. John Kasich<\/strong>. Penn’s obviously good for the 15 mil, given the craven alacrity with which it submitted to Kasich’s rapacious demands.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pity MGM Resorts International. It owns half of the top-grossing casino in Atlantic City and can’t give it away. Yup, as many feared, investor Leonard Green has slinked off into the tall grass, leaving MGM with 50% of Borgata it … 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":[23,60,56,70,28,4,117,72,11,71,69,12,31,9,19,38,146],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/7192"}],"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=7192"}],"version-history":[{"count":7,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/7192\/revisions"}],"predecessor-version":[{"id":28901,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/7192\/revisions\/28901"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=7192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=7192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=7192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}