Tourist attractions just haven’t been clicking for the New Tropicana Las Vegas. But it’s trying again with “The JFK Exhibition,” announced today. Although John F. Kennedy‘s connections to Las Vegas were part of the seamy underside of Camelot, that only makes the intersection of content and format the more apt. For all we know, the hit on JFK could have emanated from a Vegas boardroom in the heyday of Meyer Lansky.
It’s hard not to think first of Kennedy’s assassination when one of the centerpieces of the exhibit, curated by JFK obsessive Jim Warlick, is a 70-foot Air Force One fuselage, tricked out as it would have been seen on Nov. 22, 1963. (Warlick has a whole museum of this stuff in Continued >>
Caesars Entertainment CEO Gary Loveman has as much as said bankruptcy would happen over his dead body. Funeral services may be held in January. Caesars, y’see, has filed for an amendment on its debt that would give senior bondholders first dibs on the company’s cash. (Of which Caesars has quite a bit, believe it or not.) According to Bloomberg News, since a move like this would have to be done three months out from a Chapter 11 filing, “it “may raise the odds that the Las Vegas-based company files for a bankruptcy as soon as mid-January.” Added Alex Bumazhny of Fitch Ratings, “We think the bankruptcy is highly likely at this point.”
Caesars fairly conceded the inevitability of Chapter 11 on — aptly enough — Aug. 11, when it wrote Continued >>
While we wait for Boston Mayor Martin “McCheese” Walsh to pile on, the City of Revere and Local 103 of the International Brotherhood of Electrical Workers have done the inevitable and filed suit against the Massachusetts Gaming Commission, demanding that the Suffolk Superior Court strip Wynn Resorts of its casino license and award it to Mohegan Sun. Calling the MGC’s conduct arbitrary and capricious, Revere attorneys say it “gave Wynn unequal (and better) treatment than other gaming applicants.’’ This includes violation of open-meeting laws and exemption of Wynn from various statutory requirements.
Mohegan Sun isn’t a party to the suit but COO Chip Tuttle fumed, “The complaint filed today by the City of Revere and IBEW 103 is indicative of a pattern by the Gaming Commission of lowering its standards, subverting the intent of the gaming law and contorting the process for the benefit of the Wynn Everett applicant. The people who work here are Continued >>