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- If you can’t beat ’em, cheat ’em; Fun & games
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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Bally’s opens, Chicago yawns; MGM, tree murderers
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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 31,588 views
- Profit vs. investment on the Strip - 1,054,610 views
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Category Archives: Sam Nazarian
Are you ready?; Lombardo’s lunacy; The wrath of Wynn
For some football, that is. NFL season literally kicks off tonight with the much-hyped Detroit Lions visiting the champion Kansas City Chiefs. But the on-field action threatens to be overshadowed by the off-field brouhaha surrounding sports betting. (Nor is it … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Century Casinos, Churchill Downs, Cordish Co., Culinary Union, DraftKings, Entertainment, FanDuel, Galaxy Entertainment, Iowa, Law enforcement, Macau, Maryland, MGM Resorts International, Nevada, Penn National, Regulation, Sam Nazarian, Sexual misconduct, SLS Las Vegas, Sports, Sports betting, Station Casinos, Steve Wynn, Technology, Wynn Resorts
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Sex, drugs and Resorts World LV; Massachusetts gets serious about sports betting; Caesars wins two Freddies
Both the reputations of Resorts World Las Vegas and its president, Scott Sibella, could be besmirched by a Nevada Gaming Control Board investigation. The tentative probe stems from charges made by gambler Brandon Sattler as part of a huge bankruptcy … Continue reading
Posted in Architecture, Caesars Entertainment, California, Detroit, Economy, Japan, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Money laundering, Peninsula Pacific, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resorts World LV, Sam Nazarian, Singapore, Sports betting, Taxes, The Mob, The Strip, Tribal, Wynn Resorts
1 Comment
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
What if they gave a casino and nobody came?
That’s what’s happening in Chicago, where nobody—and I mean nobody—is showing any interest in a new casino license. Gee, do you think it could have something to do with the 72% tax rate which effectively ensures that a Windy City … Continue reading
Posted in Alex Meruelo, Illinois, Macau, Politics, Sahara, Sam Nazarian, Scientific Games, Security, Taxes, Technology
2 Comments
MGM Springfield: Deal or no deal?; More KAOS chaos
As reported earlier this week, MGM Resorts International is considering monetizing disappointing MGM Springfield via a sale to MGM Growth Properties. The company sought to reassure customers, saying the deal “focus exclusively on the transfer of real estate and have … Continue reading
Posted in Cosmopolitan, Dining, Genting, Massachusetts, MGM Resorts International, New York, Palms, Penn National, Regulation, Sam Nazarian, Station Casinos, Wynn Resorts
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Sammy Naz strikes again; Stevens removes urban blight
While the ink has scarcely dried on the Sahara logo on the Las Vegas Strip, owner Alex Meruelo is already in hot water. The Las Vegas Review-Journal is reporting that Meruelo is being sued for unpaid licensing fees. In what … Continue reading
Posted in Alex Meruelo, Caesars Entertainment, Derek Stevens, Downtown, G2E, history, Illinois, Marketing, New Jersey, Racinos, Real Estate, Sahara, Sam Nazarian, SLS Las Vegas, Sports, Sports betting, Terry Caudill
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Touring Vegas; Bus to Nowhere; So long, Sammy
Paste Magazine is having one of those love/hate moments with Las Vegas that seem de rigeur for glossy publications. After a few preliminary digs at the Las Vegas Strip, it settles into a survey of the best places to go … Continue reading
The Sahara returns, hurray
Proving that you can’t keep a classic brand down, Alex Meruelo is ditching meaningless SLS Las Vegas and bringing back Sahara Hotel & Casino for the place locals never stopped thinking of as “the Sahara.” It’s too late to restore the … Continue reading
New date for The Drew
There are some stirrings of life around the Fontainebleau/The Drew carcass. This week developer Steven Witkoff announced the hiring of Diller Scofidio+ Renfro architectural team to finish the massive hulk, with a new completion date of 2022. (We never bought … Continue reading
SLS gets new look; Automation targets women, minorities
Alex Meruelo has begun exorcising the unclean spirit of Sam Nazarian from SLS Las Vegas. In a giant gesture of faith, Meruelo will invest $100 million in a property makeover, starting with those oh-so-excessively-trendy hotel rooms. Next week Meruelo will get … Continue reading
Posted in Alex Meruelo, CityCenter, Culinary Union, MGM Resorts International, Sahara, Sam Nazarian, SLS Las Vegas, Technology, The Strip
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Wynn Resorts fights back; Rage against the (slot) machine
Not taking charges of promising kickbacks lying down, Wynn Resorts has countersued Anthony Gattineri. The latter has thrown yet another spanner into the Encore Boston Harbor works by suing the company for an $18 million, under-the-table promise he says was … Continue reading
Happy birthday, Ellis Island; SLS in, Sahara out for now
Congratulations are in order to Ellis Island Hotel Casino & Brewery (not in that order of priority) on 50 years in business. What started as two menu items has grown into a beloved locals hangout whose karaoke nights are the … Continue reading
Posted in Alex Meruelo, Architecture, Atlantic City, Dining, Economy, Ellis Island, Greenwood Racing, Pennsylvania, Revel, Sam Nazarian, Sheldon Adelson, SLS Las Vegas, Taxes, Tribal
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SLS sale accelerates; New corruption worry for Macao
Lucky Dragon Casino‘s sudden demise had a dramatic effect on the sale of SLS Las Vegas, getting owner Stockbridge Capital Partners — no doubt newly aware of its precarious position — back to the bargaining table with Meruelo Group. According to … Continue reading
Posted in Dining, Entertainment, Genting, Law enforcement, Lucky Dragon, Macau, MGM Mirage, Regulation, Sam Nazarian, SLS Las Vegas, Sociedade de Jogos de Macau, Sports, Stanley Ho, Steve Wynn, Technology, The Strip
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Curtains for Trump Plaza; Prez “downright dumb” about tribes
It’s dynamite time for Trump Plaza in Atlantic City — and about time. The pertinent question seems to be how owner Carl Icahn is going to get rid of this eyesore or, more specifically, how he’s going to pay for it. Rather … Continue reading
Bumpy ride in Missouri; Scott vaporized in Maine
Missouri casinos dipped 3% last month (4% in the St. Louis area), a figure that seems bigger than the “unfavorable calendar” excuse covers. Pinnacle Entertainment took a 7.5% haircut at River City ($18 million) while its Ameristar St. Charles was off … Continue reading
Posted in Affinity Gaming, Ameristar, Eldorado Resorts, Election, Harrah's, International, Isle of Capri, Maine, Missouri, Penn National, Pinnacle Entertainment, Politics, Regulation, Sam Nazarian, SLS Las Vegas, Tribal, Tropicana Entertainment, Vietnam
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Macao rockets ahead; SLS sale snagged
While we share Galaxy Entertainment Chairman Lui-Che Woo‘s circumspection about announcing a full recovery in Macao, gaming revenues continue to ignore the ‘stop’ signs. Last month they rocketed up 22%, which “blows past expectations,” according to Deutsche Bank analyst Carlo Santarelli, … Continue reading
Posted in GLPI, Illinois, Macau, Mandalay Bay Massacre, MGM Mirage, Mohegan Sun, Politics, Racinos, Sahara, Sam Nazarian, Sheldon Adelson, Slot routes, SLS Las Vegas, Steve Wynn, The Strip, Tribal, Wall Street
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So long, Moulin Rouge; Golden merger green-lit
It just got a lot cheaper to buy the Moulin Rouge. The last vestiges of the original complex were pulled down yesterday after yet another suspicious fire ravaged through what once upon a time was Las Vegas‘ first integrated casino. … Continue reading
Posted in ACEP, Fontainebleau, Genting, Golden Gaming, history, Moulin Rouge, Movies, Regulation, Sam Nazarian, The Strip
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Hall of Fame game
Inductees to the American Gaming Association‘s Gaming Hall of Fame have sometimes been questionable (mobbed-up Clifford Perlman, for one) but this year’s foursome are unlikely to stir controversy. In a family affair, Paragon Gaming CEO Diana Bennett joins her late father … Continue reading
Posted in Aristocrat, Entertainment, Geoff Freeman, history, Hooters, International, Lake Tahoe, MGM Mirage, North Las Vegas, Paragon Gaming, Riviera, Sahara, Sam Nazarian, Steve Wynn, Technology, The Mob, The Strip, Westgate LV
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Galaxy dominates Macao; Costner’s casino flops
For a company that entered Macao with zero casino experience, Galaxy Entertainment is taking the veterans to school. In 2Q17, its cash flow grew 45%, to $420 million, a figure not seen since 2012. Galaxy is also leading the pack in terms … Continue reading
Posted in Economy, Galaxy Entertainment, Iowa, Macau, Melco Resorts & Entertainment, MGM Mirage, Movies, Paragon Gaming, Sahara, Sam Nazarian, Sheldon Adelson, SLS Las Vegas, Sociedade de Jogos de Macau, South Dakota, Steve Wynn, Wall Street
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#5,001
Yes, this is the 5,001st Stiffs & Georges post and let me start with a big thank-you to all of you, the readers, for making it possible. If it weren’t for your support I’d probably have hung it up long … Continue reading
Posted in Alabama, Atlantic City, Donald Trump, Georgia, Hard Rock International, Harrah's, James Packer, Kansas, Maryland, Massachusetts, New Hampshire, Pennsylvania, Politics, Regulation, Sam Nazarian, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Station Casinos, Steve Wynn, The Strip
5 Comments