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Category Archives: Dennis Gomes
Steve Wynn: Time’s up
Yesterday, the penny dropped on Steve Wynn, as multiple reports of sexual predation made the news. According to the Wall Street Journal, we’re not talking about one or two accusers but “dozens,” over a period of decades. Without diminishing the … Continue reading
Adelson goes to London — sorta; Comanches zing Zinke
Having taken forever to build Sands Cotai Central, owner Sheldon Adelson is wasting no time re-doing it. According to Macau Business Daily, the metaresort’s four hotels — St. Regis, Sheraton Grand, Conrad and Holiday Inn — will be redecorated in a … Continue reading
Posted in Architecture, Dennis Gomes, Environment, Internet gambling, Macau, Oklahoma, Regulation, Sheldon Adelson, Sports, Taxes, Texas, Tribal
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Christie vs. Sweeney; Straub out of A.C.?
A bill introduced in the New Jersey Legislature sets up a proxy fight between Gov. Chris Christie (R) and state Senate President Stephen Sweeney (D) over the timing of when Garden State voters will be called upon to decide Atlantic … Continue reading
Posted in Atlantic City, Carl Icahn, Colony Capital, Dennis Gomes, Donald Trump, Election, Glenn Straub, Internet gambling, MGM Mirage, Pennsylvania, Politics, Revel, Steve Wynn, Taxes
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Atlantic City rings the cash register; Adelson loses (again)
Operating profits in Atlantic City don’t tell the whole story: The Showboat was notoriously in the black when Caesars Entertainment closed it but the company said it was running at a loss … thanks to interest payments with which CEO … Continue reading
Posted in Atlantic City, Boyd Gaming, Dennis Gomes, Economy, Genting, Harrah's, Macau, Melco Crown Entertainment, Mississippi, Mohegan Sun, Sheldon Adelson, Stanley Ho, Steve Wynn, Trump Entertainment Resorts
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Then there was Resorts …
By tomorrow afternoon, there will be a new player in New Jersey‘s online-gaming industry: Resorts Atlantic City. The casino’s Internet-play site will go online in a limited fashion, gradually ramping up to full capacity over the ensuing week. Resorts execs … Continue reading
Posted in Atlantic City, Dennis Gomes, Florida, Internet gambling, Isle of Capri, Mohegan Sun, Oklahoma, Regulation, Tribal, Trump Entertainment Resorts
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VLTs come to Texas; Slots inundate Illinois; Gomes honored
Casino gambling has finally got its foot in the door of Texas (not counting a pair of tribal casinos on the Mexican border). Late last month, the Texas Racing Commission voted overwhelmingly to approve “historical racing” VLTs at Texas tracks, effective … Continue reading
Posted in Bally Technologies, Charity, Dennis Gomes, Economy, Illinois, Racinos, Regulation, Slot routes, Technology, Texas
1 Comment
Well, that’s the end of that; A win for Wynn
Caving to opposition forces, the government of Sri Lanka has reversed course and nixed casinos from three planned resorts. The most prominent was a $550 million Crown Resorts project. Now James Packer has to decide whether it’s worth the investment … Continue reading
Posted in Dennis Gomes, Entertainment, International, James Packer, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Riviera, Steve Wynn, The Strip, Tilman Fertitta
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Gomes out, Adelson in, Japan on the fence
Take a good look at that flapper-era costume. It’s not long for Resorts Atlantic City. Now that the Mohegan Gaming Authority has well and truly taken the reins of the property, the late Dennis Gomes‘ Prohibition Era theming is on … Continue reading
Posted in Atlantic City, Dennis Gomes, International, Louisiana, Marketing, Mohegan Sun, Sheldon Adelson, Wall Street
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Revel: It had to happen; Hard Rock on a roll
Revel Resort‘s somewhat disingenuous “You Can’t Lose” promotion was bound to attract a lawsuit and so it has. A pair of players are suing and, though the odds seem against them, it’s worth recalling that Revel’s disclaimer language tap-danced around … Continue reading
Posted in Architecture, Atlantic City, Dennis Gomes, Hard Rock International, Harrah's, Marketing, Massachusetts, Ohio, Revel
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Revel: Don’t cry for him, Argentina; Are Twinkies the new Caesars?
Revel Atlantic City‘s day of deliverance is at hand: CEO Kevin DeSanctis has been ousted, along with Chief Investment Officer Michael Garrity. But there’s no need to shed tears over their fate. They will continue “developing amenity projects” for Revel … Continue reading
Quote of the Day
“America might be better off it it dropped bombshells on Gloria Allred and Donald Trump, rather than the other way around.” — Charles C. W. Cooke, on the mercifully almost-over election cycle.
Posted in Dennis Gomes, Donald Trump, Election
1 Comment
Gomes alone; Mohegan Sun pink-slip-slidin’ away
Former Resorts Atlantic City underboss Aaron Gomes might want to change his travel plans. Scarcely had he announced his departure from his late father’s casino than his new gig, Sydney‘s troubled Star Casino, looks very doubtful. Gomes had planned to … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, Carl Icahn, Columbia Sussex, Current, Dennis Gomes, Economy, Genting, Marketing, Massachusetts, New York, Racinos, Regulation, Tourism, Tribal, Tropicana Entertainment
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Colony Capital and the Temple of Doom; Big Gaming’s come a long way, baby
Earlier today, I penned a 1.5-page Question of the Day on the recent past and dubious future of the Las Vegas Hotel & Casino, which I habitually type as “Las Vegas Hilton.” Even if one confines the narrative to the … Continue reading
Posted in Atlantic City, Colony Capital, Culinary Union, Current, Dennis Gomes, Downtown, Economy, Election, Entertainment, Goldman Sachs, Planet Hollywood, Politics, Sahara, Sheldon Adelson, Station Casinos, Tamares Group, The Strip
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Atlantic City: Revenues up, Seminoles out, Mohegans in
Stick a fork in the Dennis Gomes legacy at Resorts Atlantic City. Son Aaron Gomes is not only leaving but going halfway around the globe, to team up with former Borgata exec Larry Mullin and reboot Jupiters Gold Coast Casino, … Continue reading
Atlantic City: Revel debuts disappointingly, Mohegan Sun moves in
OK, let’s take a deep breath and remind ourselves that one swallow doesn’t make a spring and one month doesn’t determine history’s verdict on a casino, but there’s only a single word for $2.4 billion Revel‘s first full month of … Continue reading
Sigma Derby rides again; Revel vs. Maryland Live!, Round One; Idiocy epidemic at Trump Taj
Just when it seemed hope was lost … The D is reintroducing Sigma Derby to Downtown. In one fell swoop of utter brilliance, owner Derek Stevens has staked a prohibitive claim to Gaming Executive of the Year. To be completely … Continue reading
Another quiet evening on the Strip; Big noise in Atlantic City
You might call it “UFC Smackdown”: Police were summoned to Wynncore in the pre-dawn hours of last Saturday to break up the proverbial “domestic disturbance.” Former Playboy model and current UFC ring girl Arianny Celeste (née Arianna Lopez) and boyfriend … Continue reading
Posted in Atlantic City, Current, Dennis Gomes, Economy, Entertainment, Revel, Sports, Station Casinos, Steve Wynn, The Strip, Tourism
2 Comments
Wall Street to Boyd: “Bleah!”; Blood & Gore
It was a thankless day for Boyd Gaming: It exceeded Wall Street‘s expectations for 1Q12 and stock analysts yawned in the company’s face. Wrote Deutsche Bank‘s Carlo Santarelli, “the fundamental setup … remains tough,” due to a highly competitive locals … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Dennis Gomes, Downtown, Economy, Goldman Sachs, Harrah's, Louisiana, Mississippi, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Wall Street
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Trump Plaza reprieved; Stirrings at Sahara
Good news for Trump Plaza: It’s off the “death watch,” having dramatically reversed its fortunes last year. Although revenues continue to decline, gross operating profit swung from a $2 million loss in 2010 to a nearly $3 million gain last … Continue reading
Revel gets a rave review
Deutsche Bank‘s Carlo Santarelli took a jaunt down to Atlantic City to check out Revel, the biggest noise on the Boardwalk in almost a decade. He thought … well, let him tell it: “From the check in reception area, complete … Continue reading