Category Archives: Sheldon Adelson

Profile in cowardice; Sheldon Adelson’s ghost

We were sure this was a story from The Onion or the Babylon Bee but, no, it’s really a thing. Rodney Baker has resigned as CEO of Great Canadian Gaming Corp. after bringing disgrace upon it with a vaccination caper … Continue reading

Posted in Architecture, Boulder Strip, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, Cretins, Culinary Union, DraftKings, FanDuel, Health, Illinois, Indiana, Law enforcement, MGM Resorts International, PointsBet, Politics, Regulation, Sheldon Adelson, Sports, Sports betting, Tennessee, Tribal, Wall Street, William Hill, Wynn Resorts | 2 Comments

Life after Adelson; Super Bowl odds revealed

Taking a business-as-usual approach, Las Vegas Sands reported 4Q20 earnings and JP Morgan analyst Joseph Greff wasn’t blown away, writing that “we, like most investors, see the quarter and any outlook commentary offering little in the way of positive developments … Continue reading

Posted in Caesars Entertainment, China, Dining, Encore, Entertainment, Health, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, Michigan, Reno, Sheldon Adelson, Sports, Sports betting, The Strip, Virginia, Wynn Resorts | 1 Comment

Adelson rolling in grave; Police blotter

It’s a good thing Sheldon Adelson didn’t live to see this. The First Circuit Court of Appeals quashed a 2019 reinterpretation of the Federal Wire Act by the Justice Department, one that broadly applied it to Internet gambling. The federal … Continue reading

Posted in Cosmopolitan, Donald Trump, Economy, Hard Rock International, Harry Reid, Health, Indiana, Internet gambling, Las Vegas Sands, Law enforcement, Michigan, Nevada, New Hampshire, New York, PointsBet, Politics, Regulation, Sheldon Adelson, Spectacle Entertainment, Sports betting, Taxes | 1 Comment

Wynn, loopy attorney in legal feud; Philly goes Live

Steve Wynn is back in the news again. His former attorney, L. Lin Wood, is suing Wynn for alleged defamation, the ex-casino mogul supposedly having told Donald Trump that Wood was several fries short of a Happy Meal. The falling … Continue reading

Posted in AGA, Atlantic City, Boyd Gaming, Connecticut, Conventions, Cordish Co., Dining, Donald Trump, Economy, FanDuel, Foxwoods, Health, IGT, International, Marijuana, Mohegan Sun, Pennsylvania, Politics, Sheldon Adelson, Sports, Sports betting, Steve Wynn | 2 Comments

Covid cramps casino revenues; Trop LV in play … again

Now that the smartest man in the room has left the building permanently, we continue to wait for Wall Street‘s reaction to Sheldon Adelson‘s demise. Hearing none, we move on to varying degrees of decline in regional gaming, once thought … Continue reading

Posted in Arizona, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Carl Icahn, Century Casinos, Conventions, DraftKings, Economy, FanDuel, Full House Resorts, GLPI, Health, Indiana, Kentucky, Massachusetts, MGM Resorts International, Missouri, Penn National, Politics, Rush Street Gaming, Sheldon Adelson, Singapore, Spectacle Entertainment, Sports betting, The Strip, Tilman Fertitta, Tribal, William Hill | 1 Comment

Tribute to a bad man

Sheldon Adelson‘s Horatio Alger success story came to an abrupt end today, when the Boston Globe broke the news of his death from lymphoma at age 87. Adelson had a good run in the industry, longer than most, and his … Continue reading

Posted in AGA, Alabama, Architecture, Conventions, Culinary Union, Donald Trump, Election, Florida, Galaxy Entertainment, Health, history, International, Internet gambling, Japan, Las Vegas Sands, LVCVA, Macau, Marijuana, Movies, New York, Pennsylvania, Politics, Sheldon Adelson, Singapore, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Steve Wynn, Taxes, Texas, The Strip, Tribal, Wall Street | 3 Comments

Twilight of the God

Sheldon Adelson hasn’t left the building at Las Vegas Sands but the exit door has opened. Moments ago the company announced that the 87-year-old plutocrat would be taking a leave of absence for treatment of lymphoma. Adelson has been battling … Continue reading

Posted in Current, Las Vegas Sands, Sheldon Adelson | 1 Comment

Adelson, Packer canoodle & other news

While America burns, Sheldon Adelson is fiddling in the French Caribbean, aboard his mega-luxury yacht. The vessel was moored next to that of James Packer, who welcomed Adelson as guest for his lavish New Year’s Eve celebration. This meeting of … Continue reading

Posted in Arizona, China, Crown Resorts, Detroit, Dining, Economy, Hawaii, Health, International, Internet gambling, Iowa, James Packer, Japan, Las Vegas Sands, Law enforcement, Macau, MGM Resorts International, Michigan, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, South Dakota, Taxes, Tribal, Virginia | Comments Off on Adelson, Packer canoodle & other news

Circa debut boosts Downtown; Lots of moving, shaking predicted for ’21

Although casinos across the nation have been swooning in November, results in Nevada—which we feared would take it worse than average—were in line with national trends, a victory of sorts. Statewide, gaming win fell 18% and the Las Vegas Strip, … Continue reading

Posted in Boulder Strip, Boyd Gaming, Caesars Entertainment, Cirque du Soleil, Derek Stevens, Dotty's, Downtown, Economy, Failsinos, Fontainebleau, GLPI, Internet gambling, Lake Tahoe, Las Vegas Sands, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Palms, Planet Hollywood, Regulation, Reno, Resorts World LV, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Station Casinos, The Rio, The Strip, Virgin Hotels, Wendover, William Hill | 2 Comments

Tex Adelson rides again

Fresh from trying to afflict the country with another four years of Donald Trump, mega-mogul Sheldon Adelson is turning his eyes upon Texas. He’s readying a crack team of lobbyists, including Karen Rove, to descend upon the Lege when it … Continue reading

Posted in AGA, Atlantic City, Boulder Strip, Cosmopolitan, Economy, Election, Florida, Hard Rock International, Health, Horseracing, International, Japan, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Marijuana, New York, Politics, Sheldon Adelson, Taxes, Texas, Tilman Fertitta, Tribal | 2 Comments

Palazzo closes; iGaming here to stay

There’s no room at the inn at Palazzo. Not permanently. But it’s not a good sign for a Las Vegas Strip whose room rates are bumping along the bottom, even during New Year’s Eve weekend. As Las Vegas Sands said, … Continue reading

Posted in AGA, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, Colorado, DraftKings, Economy, FanDuel, Hard Rock International, Health, Iowa, Las Vegas Raiders, Las Vegas Sands, Louisiana, Mohegan Sun, Nevada, New Jersey, New Mexico, Ohio, Oregon, Penn National, Pennsylvania, Politics, Sheldon Adelson, South Dakota, Sports, Sports betting, The Rio, The Strip, Tourism | 1 Comment

Wynn zapped again; Canada boosts DraftKings

“Most of the time we can’t even be honest with ourselves.”—The Commoner in Akira Kurosawa‘s Rashomon. If at first they don’t give you a casino in Massachusetts, litigate. And when that doesn’t work, re-litigate. That’s what pouting Suffolk Downs owner … Continue reading

Posted in Atlantic City, Canada, DraftKings, Economy, Election, Las Vegas Raiders, Massachusetts, MGM Resorts International, Mohegan Sun, Pets, Politics, Regulation, Sexual misconduct, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Texas, Wall Street, Wynn Resorts | Comments Off on Wynn zapped again; Canada boosts DraftKings

Vegas recovery a Mirage; Illinois closes … again

More from the Too Much, Too Soon? file: MGM Resorts International, despite its long pause in reopening The Mirage has evidently decided it jumped the gun. Hotel rooms there and at Mandalay Bay will be closed Mondays-Thursdays through December at … Continue reading

Posted in Caesars Entertainment, Cretins, Culinary Union, Dining, Economy, Environment, Health, history, Illinois, Las Vegas Sands, MGM Resorts International, Nevada, New Mexico, New York, Sahara, Sam Nazarian, Sheldon Adelson, Tamares Group, Technology, The Rio, The Strip, Tourism, Transportation, Tribal | 1 Comment

Election Special: “The biggest political event ever”

An anonymous British financier will have to wait another 24 hours to find out if his $5 million bet on Donald Trump comes up a winner. He’ll pocket $15 million from Curaçao bookies if it does. The flutter, made after … Continue reading

Posted in Arizona, Colorado, Culinary Union, Donald Trump, DraftKings, Election, FanDuel, International, Internet gambling, Louisiana, MGM Resorts International, Nebraska, Nevada, Politics, Racinos, Sheldon Adelson, South Carolina, South Dakota, Sports, Tribal, Virginia | 2 Comments

Macao gets a boost; Sisolak’s October surprise

“Encouraging” isn’t what you usually say about a 75% plunge in revenue. But in Macao, where casino win has been virtually nonexistent this year it’s cause for dancing in the streets. To be pedantic, revenues were down 72.5% but an … Continue reading

Posted in Architecture, Caesars Entertainment, China, Economy, G2E, Hard Rock International, Health, International, Japan, Las Vegas Sands, Macau, Melco Resorts & Entertainment, Nevada, New York, Oklahoma, Real Estate, Regulation, Sheldon Adelson, Taxes, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on Macao gets a boost; Sisolak’s October surprise

Quote of the Day

“He has three areas he makes money, Las Vegas, Singapore and Macao. If I have to sell an asset to pay for supporting the other two, if I have three horses and I need to kill one to feed the … Continue reading

Posted in Economy, Las Vegas Sands, Macau, Sheldon Adelson, The Strip | 1 Comment

United States of Adelson

If you put your money on a Donald Trump upset special, you might still cash in big. Bloomberg reports that the Biden-Harris campaign is blowing it in battleground states like Pennsylvania and Florida. The short version is that black and … Continue reading

Posted in Atlantic City, Cretins, Culinary Union, Donald Trump, Election, Golden Nugget, Hard Rock International, Health, Internet gambling, Marketing, MGM Resorts International, Mohegan Sun, Nevada, Ocean Resort, Politics, Sheldon Adelson, South Carolina | 2 Comments

Vegas: Too much, too soon?

Did Las Vegas reopen too swiftly and too soon? Has it, in fact—as we asked and Las Vegas Sands President Rob Goldstein heavily implies—jumped the shark? It has for 1,200 Las Vegas Strip workers. In addition to 828 already-reported sackings … Continue reading

Posted in Caesars Entertainment, Donald Trump, Economy, Full House Resorts, Health, Las Vegas Sands, M Resort, Marketing, MGM Resorts International, Movies, Penn National, Sheldon Adelson, Sports betting, William Hill, Wynn Resorts | 1 Comment

Adelson abandons Vegas; Boyd salvages bad quarter

Sheldon Adelson may have flung $75 million at deciding who’s going to run the country for the next four years but he’s giving up on America. News broke yesterday that Las Vegas Sands is shopping Venelazzo for six billion. We’ve … Continue reading

Posted in Boyd Gaming, Conventions, Current, Downtown, DraftKings, FanDuel, G2E, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Rush Street Gaming, Sheldon Adelson, Singapore, Sports, Sports betting, The Strip, Wall Street | 3 Comments

Massacre anniversary brings accord; Stevens wants you

Let the healing begin. An $800 million settlement between MGM Resorts International and victims of the Mandalay Bay Massacre has been blessed by a Clark County judge. Said co-plaintiff Stephanie Fraser, “By the grace of God, myself and my family … Continue reading

Posted in Caesars Entertainment, Cretins, Derek Stevens, Downtown, Economy, Jim Murren, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Regulation, Resorts World LV, Security, Sheldon Adelson, TV | 1 Comment