Macao: Pressure for change; Stanley Ho into South Korea?

By David McKee ~ December 22nd, 2014 @ 11:13 am No Comments »

Despite having only one-tenth as many hotel rooms as Las Vegas, the enclave of Macao is feeling the pressure to develop a more tourism-oriented business model. China’s president, Venetian MacaoXi Jinping visited Macao last weekend and dropped a few strong hints. His desire: “to focus on building a global tourism and leisure centre and to promote appropriately diversified and sustainable development.” He warned that “while Macao has enjoyed rapid economic development in the past years, certain deep-seated problems have surfaced and development risks have also built up.”

Prior to President Xi’s speech, Central People’s Government Liaison Office Director Li Gang was less roundabout, Continued >>

The genius of Wynn; Wilmot charges ahead

By David McKee ~ December 19th, 2014 @ 12:38 pm No Comments »

Steve Wynn doesn’t wrap his hotels in bronze glass just because he likes the color. No, he has determined that the light passing through it makes his guests look more attractive “in macau_wynnrooms that have warmer light … One of the things that happens with glass is that the wavelength of the light affects the color palette on the inside of the room,” he told the Boston Globe, sounding anything like your standard-issue casino owner.

It’s not any old bronze glass, either, but a custom-made blend, to be found only at Wynn Resorts properties. Likewise, when all types of artificial turf were inspected and found lacking, “Wynn lawn” was invented to Continued >>

Blast from the past

By David McKee ~ December 19th, 2014 @ 11:14 am No Comments »

It’s time to revive the S&G tradition of a Friday film festival. Thanks to Bellagio Director of Productions Frank Coccaro for pointing the way to these nostalgia-inducing clips.

Continued >>

Nazarian’s luck, Caesars’ hoard

By David McKee ~ December 19th, 2014 @ 10:41 am No Comments »

Sam Nazarian won’t be able to have an operational role in the casino at SLS Las Vegas but he’ll be able to participate in its revenue stream now that he is finally the holder of a Nevada Nazariangaming license — albeit a heavily conditional one. Howard Stutz‘s Twitter feed contains such a vivid tweet-by-tweet account that any further synopsis feels almost superfluous. The hearing had a Kabuki-theatre quality to it: testimonials to Nazarian, statements of contrition from the man himself, pro forma scolding from the Nevada Gaming Commission and then a unanimous vote in his favor. However, the Commission imposed a couple of additional terms on Nazarian’s highly provisional license, including making the mandatory drug testing more … intimate. A bit of unplanned drama was added when Nazarian hanger-on Derrick “Smokey” Armstrong showed up, attempting to testify, only to be arrested on outstanding warrants. (Why couldn’t he have said his peace, then been cuffed?)

Among yesterday’s revelations was that Nazarian had fathered a child out of wedlock, which might explain help explain why Continued >>

Further Reading

Macao: Pressure for change; Stanley Ho into South Korea?

The genius of Wynn; Wilmot charges ahead

Blast from the past

Nazarian’s luck, Caesars’ hoard

Icahn saves Taj, kinda sorta

Many called, few chosen for New York casinos

Quote of the Day

Vegas hits the jackpot & other Case Bets

Taj at Icahn’s mercy; The wrath of Wynn

Sayonara, Sam; Showstopping Steve

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