Category Archives: Dubai

Palace, soon with 100% less Station; Casinos nixed in North Dakota

Palace Station was the Fertitta Brothers‘ first go at a big locals casino and it is, let’s face it, a little crude in its theming, at least by the standards we have come to expect. That’s OK: The Fertittas got … Continue reading

Posted in Architecture, Dining, Dubai, Harrah's, history, International, MGM Mirage, North Dakota, Politics, Station Casinos, The Strip | 1 Comment

MGM lands big fish; Black-market casino busted in Georgia

MGM Resorts International took it on the chops from Deutsche Bank analyst Carlo Santarelli, who said of 4Q16 results that they “were undoubtedly surprising, in the wrong direction in this instance as property EBITDA fell well short of forecasts, most … Continue reading

Posted in Boyd Gaming, California, Donald Trump, Dubai, Georgia, International, Internet gambling, Law enforcement, Macau, Maryland, MGM Mirage, Regulation, The Strip, Tribal, Wall Street | 1 Comment

Tribal gaming reaches new high; New concept for Railroad Pass

video platformvideo managementvideo solutionsvideo player Last year was the best ever for tribal casinos, up 5% from 2014, coming in just a bit shy of $30 billion. Recent efforts to align tribal and private-sector casino interests come at a time … Continue reading

Posted in Architecture, Dubai, Economy, Election, Indiana, Kazuo Okada, Macau, MGM Mirage, Mississippi, Nebraska, Philippines, Regulation, Transportation, Tribal, Tropicana Entertainment | Leave a comment

That impersonal touch; Big day for MGM

What is almost completely missing from this commercial? Caesars Entertainment guests are lengthily shown drinking, dining, riding the High Roller (which could use the traffic) and — as a very brief afterthought — gambling. So the company’s definitely on the … Continue reading

Posted in California, CityCenter, Detroit, Dubai, Genting, Harrah's, International, LVCVA, MGM Mirage, Mississippi, Penn National, Regulation, Riviera, Taxes, Technology, The Strip, Tourism, Tribal, Wall Street | 1 Comment

Crystals sold; Struggles in California

This morning, Real Estate Alert published a story saying that MGM Resorts International and Dubai World had liquidated Crystals, the high-end retail mall at CityCenter, to Simon Property Partnership. The transaction was valued at $1.1 billion and change, which means … Continue reading

Posted in Australia, California, CityCenter, Dubai, Horseracing, Internet gambling, MGM Mirage, Regulation, Technology, The Strip, Tribal, Wall Street | Leave a comment

Fly Mohegan; End of an era; Washington takes up i-gaming

“Never before has a traveler been able to leave New York City, fly to Mohegan [Sun], enjoy a world class show, have a terrific dining experience, play in the casino and be back home … by midnight.” So says Fly Blade … Continue reading

Posted in Dubai, Genting, history, Internet gambling, Mohegan Sun, Pansy Ho, Politics, Sheldon Adelson, Transportation | 1 Comment

MGM, Garden State peace talks continue

A situation in which then-MGM Mirage and shareholder Kirk Kerkorian let sentiment trump common sense has long been causing them trouble in New Jersey. But no longer. The Division of Gaming Enforcement has stipulated to an agreement whereby MGM will … Continue reading

Posted in Atlantic City, Boyd Gaming, Dubai, MGM Mirage, Pansy Ho, Regulation | Leave a comment

Pacifism in Alabama; Flop in Florida

There’s nothing that trumps ideology like the need for tax dollars. Such is the case in Alabama, where budget shortfalls are bringing state government around to the idea of a gaming compact with Poarch Band of Creek Indians. No negotiations … Continue reading

Posted in Alabama, Boyd Gaming, CityCenter, Dubai, Florida, MGM Mirage, Politics, The Strip, Tribal | 1 Comment

Making MGM Springfield happen; Dinner with Isaacs

MGM Springfield is shaping up as the most architecturally interesting casino project not only in Massachusetts but the nation as a whole, a charming mix of the new and the old. The company had been planning a few nods to … Continue reading

Posted in Architecture, Detroit, Dubai, history, International, Massachusetts, MGM Mirage, Regulation, Scientific Games, Shuffle Master, Wall Street | Leave a comment

Genting, Steve Wynn & so much more

Genting Group has narrowed its price target for finishing Resorts World Vegas. It will spend between $3 billion and $4 billion to complete the project (for which it has already paid $350 million for land). For a post-recession Vegas that’s … Continue reading

Posted in CityCenter, Colorado, Current, Dubai, Economy, Florida, Fontainebleau, Foxwoods, Genting, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip | 2 Comments

D-Day for Mohegans, Penn; MGM restructures

In Massachusetts, initial approval will be granted or denied to Mohegan Sun and to Penn National Gaming as prospective operators. In both cases, it seems unlikely that the Massachusetts Gaming Commission with unearth any dead bodies. The focus will be … Continue reading

Posted in CityCenter, Current, Dubai, Hard Rock International, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Regulation, The Strip, Wall Street | Leave a comment

Profit vs. investment on the Strip

Even if you’re making money on a daily basis, sometimes a casino-resort can be a bad investment. Take Cosmopolitan of Las Vegas, which finally posted a profitable quarter. However, at $3.9 billion in construction costs (now at or very near … Continue reading

Posted in CityCenter, Cosmopolitan, Detroit, Dubai, Economy, Entertainment, Fontainebleau, Genting, Harrah's, MGM Mirage | 1 Comment

Mashee Wamps make their pitch; Exit Dubai World?

Although the financial backing of Genting Group would — under normal circumstances — make the Mashpee Wampanoags prohibitive favorites for a casino in southeastern Massachusetts, these are anything but normal conditions. The tribe still doesn’t have a compact with the … Continue reading

Posted in Current, Dubai, Genting, Massachusetts, MGM Mirage, Regulation, Tribal | Leave a comment

The biggest losers; The Facebook factor

There’s a new power player in gaming and it’s … Brookfield Asset Management? The Canadian lender is already calling the shots (along with Warner Gaming) at the Hard Rock Hotel & Casino, a $1.5 billion quagmire into which Morgans Hotel … Continue reading

Posted in Boulder Strip, Carl Icahn, CityCenter, Colony Capital, Current, Dubai, Entertainment, Goldman Sachs, Hard Rock Hotel, Harrah's, IGT, International, Internet gambling, Laughlin, Morgans Hotel Group, Pinnacle Entertainment, Steve Wynn, Wall Street, Warner Gaming | 1 Comment

One born every minute

Wall Street‘s appetite for risk knows no bounds. True, year-end numbers from MGM Resorts International contain cause for confidence, including 8% higher domestic gambling revenue and 10% improved room revenues. However, MGM’s still sitting atop a $13.5 billion powder keg … Continue reading

Posted in CityCenter, Culinary Union, Current, Dubai, G2E, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Politics, Racinos, Taxes, Wall Street | Leave a comment

If you liked CityCenter …

… you’ll lurve the “ghost cities” of China. Actually, they look more like something Sheldon Adelson would design — if Adelson were doing mile-long lines of cocaine, that is. He and others like him who own casinos in Macao better … Continue reading

Posted in Architecture, Current, Downtown, Dubai, Economy, Environment, Harrah's, International, Jack Binion, Macau, Marketing, Mesquite, MGM Mirage, Michael Gaughan, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, TV | 2 Comments

Steve, Steve, what gives?

Dear Steve Wynn: No this really isn’t about that truly unfortunate (to put it gently) wedding video that Wynn Las Vegas put on YouTube last Monday. Although, as Hunter Hillegas posted on Twitter, “That video kinda freaks me out. Also, … Continue reading

Posted in CityCenter, Cretins, Donald Trump, Dubai, Economy, Entertainment, history, Internet gambling, Macau, MGM Mirage, Pokergeddon, Politics, Regulation, Steve Wynn, Taxes, Technology, The Strip | 4 Comments

Case Bets: Ferris wheel fetishists; Rail fail; “Aerotropolis” now?

Caesars Entertainment better get a move on with that Ferris wheel it wants to build out back of O’Shea’s. A rival project, slated for problematic (and fairly blighted) land opposite Mandalay Bay received approval from Clark County. Then again, getting … Continue reading

Posted in Architecture, California, Dubai, Entertainment, Goldman Sachs, Harrah's, history, International, MGM Mirage, Phil Ruffin, Regulation, Sheldon Adelson, Silverton, Technology, The Strip, Tourism, Transportation | 5 Comments

Quote of the Day

“But the thing I truly, truly cannot live without, is a ‘Kirin Dragon.’ That beaut there is a 7.5-foot-tall fiberglass statue. I can’t imagine where it was supposed to go or why, with this on hand, they threw that crappy … Continue reading

Posted in Architecture, CityCenter, Dubai, MGM Mirage, The Strip, Tribal | Leave a comment

Harrah’s to Philly: “We’re back!”; MGM tries something new

Or so Ed Snider‘s Philadelphia Entertainment & Development Partnership claims in a new petition to the Pennsylvania Gaming Control, asking for its license back. Snider’s group says that it now has $275 million in seed money sown up and would … Continue reading

Posted in Atlantic City, CityCenter, Current, Dubai, Economy, Harrah's, Isle of Capri, Marketing, MGM Mirage, Pennsylvania, Pets, Regulation, The Strip, Tourism, Tribal, Wall Street | 3 Comments