New Jersey‘s Casino Control Commission has been accused of overzealousness in the past (think MGM Resorts International and Pansy Ho). But now some overzealotry is what local politicians want. In a bizarre and probably unconstitutional move, they want the NJCCC to force, yes force, the Showboat and Trump Plaza to stay open an additional four months. State Sen. James Whelan told The Press of Atlantic City “the longer the better, because first of all, it would keep people working, and secondly, it would maximize the possibility of someone [interested in buying the property] having enough time to do their due diligence.”
S&G is all for keeping casino employees at their jobs, especially at the Showboat, whose operating profit was — according to Continued >>
Las Vegas Sands and Bwin shareholder, and all-around string-puller Jason Ader is committing 350 million of (other people’s) dollars to bringing a Major League Soccer franchise to Las Vegas. Much of the investment would be realized through the EB-5 visa program. (How many Chinese can an MLS team support?) A goodly chunk of the rest would be raised through taxpayer subsidies. “We would be looking for a tax concession. The question is how much? It would need a subsidy,” Ader told the Las Vegas Review-Journal. Ader has offered to chip in some of his own capital, though it’s unclear at this point how much.
Trouble is, Las Vegas has already signed off on a development deal between Cordish Cos. and and Findlay Sports & Entertainment. The Findlay plan is scheduled to be announced on Aug. 6. On one point Mayor Carolyn Goodman is in sync with Ader: Continued >>
You live in Las Vegas long enough, you think you’ve seen everything. Then somebody uses a helicopter to airlift a big-ass jacuzzi (technically an “onsen tub”) onto the terrace of the Nobu Tower at Caesars Palace, where it will grace the high-roller Nobu Villa. The tub was evidently too cumbrous for a crane — or maybe Caesars Entertainment just wanted to make a statement. No expense spared! Color me impresssed
* In what we’re assured is not the start of a trend, Biloxi‘s newest casino, Margaritaville, is taking a night train to the Big Adios. Mississippi Gaming Commission Executive Director Allen Godfrey was in PR damage-control mode. “I think it probably was more of an instance that, coming out of the gate, they struggled a little bit to find their niche. All along the Gulf Coast, there are hotels going up, hotel renovations,” he said. Continued >>