Category Archives: Trump Entertainment Resorts

Exit Trump, enter Hard Rock; Casinos in Cuba again?

Hard Rock International is putting its money where its mouth is, judging from the preview it gave of the Hard Rocked Trump Taj Mahal. The most obvious changes will be on the exterior, where all the tiki-tacky Trump theming will … Continue reading

Posted in Architecture, Atlantic City, Columbia Sussex, Donald Trump, Economy, Entertainment, Foxwoods, Hard Rock International, International, MGM Mirage, Mohegan Sun, Penn National, Politics, Sports, Taxes, The Strip, Tourism, Trump Entertainment Resorts | 1 Comment

Trump’s revenge; Larry Flynt, casino boss

Why is Trump Plaza the whitest elephant among Atlantic City casinos? (Scroll to bottom) Because its operating costs include a $1 million ground lease to former American Jewish Congress head Robert Lifton, who owns the underlying acreage. This little poison … Continue reading

Posted in Atlantic City, California, Carl Icahn, Donald Trump, Hard Rock International, Harrah's, history, Isle of Capri, MGM Mirage, Technology, Trump Entertainment Resorts | 1 Comment

Penn National backpedals; Feral bunnies terrorize Vegas

Penn National Gaming released fourth-quarter numbers and, according to Deutsche Bank‘s Carlo Santarelli acknowledged a “difficult start” at Hollywood Jamul (this despite having an extra-long runway to get the new property aloft). Santarelli called the tribal casino a “drag” on … Continue reading

Posted in Animals, Atlantic City, California, Dining, Donald Trump, Election, Glenn Straub, GLPI, Hard Rock International, history, Illinois, Iowa, Japan, Macau, Marketing, Penn National, Regulation, Revel, Sheldon Adelson, Slot routes, Steve Wynn, Technology, The Strip, Tribal, Trump Entertainment Resorts, Wall Street, West Virginia | Leave a comment

All right in Atlantic City; Trump: The Asia connection

Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Glenn Straub, Harrah's, International, Iowa, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Vietnam | 1 Comment

Straub makes some odd choices; Tiverton still up for grabs

Glenn Straub won one round, lost another in his quest to revive Revel as Ten. On Oct. 18, he received a certificate of occupancy, paving the way for him to reopen the property. (Last spring’s effort was a Chinese fire … Continue reading

Posted in Affinity Gaming, Ameristar, Atlantic City, Election, Glenn Straub, GLPI, Hard Rock International, Isle of Capri, Kansas, Massachusetts, Missouri, Penn National, Pinnacle Entertainment, Regulation, Revel, Rhode Island, Tropicana Entertainment, Trump Entertainment Resorts | Leave a comment

Boyd: The big squish; Trump’s double-dip

“Squishy.” That was how JP Morgan analyst Joseph Greff described Boyd Gaming‘s third quarter. The soggy verbiage was probably inspired by flooding that has vexed Boyd in Louisiana. The company is also facing stiff, new competition for IP Biloxi on … Continue reading

Posted in Atlantic City, Boyd Gaming, Cannery Casino Resorts, Culinary Union, Donald Trump, Economy, Geoff Freeman, Illinois, Louisiana, Mississippi, Regulation, Sports, Station Casinos, Taxes, Trump Entertainment Resorts, Wall Street | Leave a comment

Murren minces few words; Wynn Boston Harbor sets opening date

Commiting truth isn’t as rare in the casino business as in politics but MGM Resorts International CEO Jim Murren was startlingly candid in yesterday’s earnings call, crediting a surge in Las Vegas summer business to a Zika virus outbreak in Florida, … Continue reading

Posted in Atlantic City, California, Carl Icahn, Entertainment, Florida, Foxwoods, International, Internet gambling, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Politics, Riviera, Singapore, South Korea, Steve Wynn, The Strip, Tourism, Transportation, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wall Street | Leave a comment

Icahn leaves Taj workers nostalgic for Trump; Megaresort proposed for NYC

You can measure the acrimony between Unite-Here Local 54 and Tropicana Entertainment by the fact that striking workers at Trump Taj Mahal are using Donald Trump as a stick with which to beat Carl Icahn. By astutely negotiating a pact … Continue reading

Posted in California, Carl Icahn, Charity, Cordish Co., Cosmopolitan, Donald Trump, Election, Entertainment, Genting, Georgia, Glenn Straub, Harrah's, Horseracing, Illinois, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, New York, Regulation, Revel, Stanley Ho, Tribal, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here | Leave a comment

Little relief for Caesars; Atlantic City braces for labor strife

It’s out of the frying pan and straight into the fire for Caesars Entertainment. Federal bankruptcy court has put a temporary halt on litigation against the casino giant, giving it until Aug. 29 to cut a new deal with bondholders. … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Eldorado Resorts, Geoff Freeman, Harrah's, Illinois, Pennsylvania, Pinnacle Entertainment, Politics, Slot routes, Sports, Taxes, The Mob, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here | Leave a comment

Trump: How to make out like a bandit; Big plans for Station

To give the devil his due, if you visit Trump Taj Mahal and are dismayed because “carpets are frayed and dust-coated chandeliers dangle above the few customers there to play the penny slot machines,” you are not entirely witnessing the … Continue reading

Posted in Atlantic City, Boyd Gaming, Donald Trump, Harrah's, IGT, MTR Gaming, Palms, Regulation, Riviera, Station Casinos, Technology, The Strip, Tilman Fertitta, Transportation, Trump Entertainment Resorts, Wall Street | 1 Comment

Quote of the Day

“I feel like I’m working just to pay for health insurance. It’s really hard to pay the bills. I work really hard, and these things used to be covered. We’ve had to make sacrifices. Vacations? Forget it.” — Trump Taj Mahal food-service … Continue reading

Posted in Atlantic City, Economy, Tropicana Entertainment, Trump Entertainment Resorts | Leave a comment

Atlantic City back on death watch?; Money problems at Moulin Rouge

Things are suddenly looking grim for Atlantic City: A new Monmouth University poll shows voters evenly divided on a referendum to end the Boardwalk’s monopoly on casino gambling, an erosion of public support for the resort city. Assessing the situation … Continue reading

Posted in Atlantic City, Downtown, Economy, Election, Environment, Harrah's, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Problem gambling, Regulation, Riviera, Steve Wynn, Tilman Fertitta, Trump Entertainment Resorts | Leave a comment

Raiders to Vegas? Don’t bet against it

The boulder that is Mark Davis‘ and Sheldon Adelson‘s attempt to move the [your city here] Raiders to Las Vegas is gaining momentum as it rumbles downhill. The growing support among NFL owners is not unconditional. Sin City would be one … Continue reading

Posted in Architecture, Atlantic City, Carl Icahn, history, LVCVA, Macau, Massachusetts, MGM Mirage, Oklahoma, Sheldon Adelson, Sports, The Strip, Tourism, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wall Street | Leave a comment

Good year for Atlantic City; Sands slapped with fine

Free market forces did what governmental intervention and flashy marketing campaigns could not: They steadied Atlantic City‘s casino economy. With the dead weight of four casinos — Revel, Showboat, Atlantic Club and Trump Plaza — jettisoned, profits not only steadied, … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Dining, Economy, Environment, Harrah's, Internet gambling, Macau, Mississippi, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Sports, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Leave a comment

Showdown on the Boardwalk; Lies, damned lies and poll numbers

It’s war to the knife and knife to the hilt between Carl Icahn and Unite-Here Local 54 President Robert McDevitt over the labor situation at Trump Taj Mahal. (For the record, Donald Trump is now affiliated with the casino in … Continue reading

Posted in ACEP, Atlantic City, Boulder Strip, Carl Icahn, Colony Capital, Election, Harrah's, Internet gambling, Laughlin, LVCVA, Maryland, MGM Mirage, Mohegan Sun, Regulation, Revel, Sheldon Adelson, Sports, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here | Leave a comment

Missouri: No misery here; Trouble at Trump

Foot traffic in Missouri casinos was up 3%, as customers spent 4% more than last year, leading to an 8% increase in casino revenue. Both Pinnacle Entertainment and Penn National Gaming came in comfortably above Deutsche Bank analyst Carlo Santarelli‘s … Continue reading

Posted in Culinary Union, Donald Trump, Harrah's, Isle of Capri, Missouri, Penn National, Pinnacle Entertainment, Taxes, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | Leave a comment

Trump: The art of failure; Tribal gaming flexes its muscle

During a period (1995-2005) in which the Dow Jones Average Casino Index posted a 160% return on investment, Trump Hotels & Casinos ate dirt to the tune of a negative 89% ROI. By contrast, Boyd Gaming — unloved on Wall … Continue reading

Posted in Boyd Gaming, Dan Gilbert, Donald Trump, Economy, Marketing, Massachusetts, Neil Bluhm, New York, Ohio, Regulation, Scientific Games, Tribal, Trump Entertainment Resorts, Wall Street | Leave a comment

End of an Atlantic City era; Has Macao bottomed out?

Last weekend saw Trump Taj Mahal pass into the hands of Carl Icahn, becoming a wholly owned subsidiary of Tropicana Entertainment. That is cause for optimism at the Taj, which has gone from being one of Atlantic City‘s three top … Continue reading

Posted in Atlantic City, Carl Icahn, Donald Trump, Economy, Harrah's, Macau, Melco Crown Entertainment, MTR Gaming, Technology, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wall Street | Leave a comment

Cruel blow to Atlantic City; Sex in the Vegas sky

Winter storm Jonas, which put paid to the Jan. 22-24 weekend, dealt a heavy blow to Atlantic City gaming revenues, which had finally appeared to have stabilized. The market was down 6% and Borgata ($52 million) suffered an uncharacteristic 9% … Continue reading

Posted in Atlantic City, Boyd Gaming, Environment, Harrah's, MGM Mirage, Mohegan Sun, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Leave a comment

Atlantic City omnibus

If Carl Icahn has his way, executives at Trump Taj Mahal may have to start updating their resumes. Tropicana Atlantic City President Anthony Rodio is expected to add the Taj to his portfolio as well. It’s well past time that inept … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Economy, Macau, MGM Mirage, Politics, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | Leave a comment