Category Archives: SLS Las Vegas

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 | Comments Off on Galaxy dominates Macao; Costner’s casino flops

F-blew sold; Turmoil at Westgate

It’s official. Carl Icahn has the Fontainebleau monkey off his back. He found a couple of chumps, er, investment firms in the form of Witkoff Group and New Valley, who bought F-blew for a cool $600 million. When you consider … Continue reading

Posted in Carl Icahn, Fontainebleau, Genting, LVCVA, Sheldon Adelson, SLS Las Vegas, The Strip, Wall Street, Westgate LV | 2 Comments

F-blew sale rumored; New Jersey legitimizes DFS

According to VitalVegas, Carl Icahn finally has finally hooked a big one and the upshot will be a long-delayed sale of Fontainebleau for $650 million. Uncle Carl has long since recouped his bargain-basement purchase price by selling off everything wasn’t … Continue reading

Posted in Affinity Gaming, Atlantic City, Boulder Strip, Boyd Gaming, Carl Icahn, Derek Stevens, Donald Trump, Downtown, Fontainebleau, Genting, GLPI, Hard Rock Hotel, Harrah's, history, Internet gambling, Lucky Dragon, LVCVA, M Resort, MGM Mirage, North Las Vegas, Palms, Penn National, Politics, SLS Las Vegas, Station Casinos, Taxes, Terry Caudill, The Strip, Wall Street, Westgate LV | 1 Comment

#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

Exit SLS, enter Sahara; Seminoles reach Florida accord

Collectors, start gathering those SLS-branded souvenirs while you can. The auguries continue to accumulate that the beloved Sahara identity will be returning to the venerable hotel-casino. The latest sign is the changeover of the loyalty program to Club 52 (from … Continue reading

Posted in Animals, Cordish Co., Florida, history, Marketing, Maryland, MGM Mirage, Pets, Politics, Sahara, Sam Nazarian, Seminole Tribe, SLS Las Vegas, Taxes, The Strip, Tribal | Comments Off on Exit SLS, enter Sahara; Seminoles reach Florida accord

Better times come to Atlantic City; Wynn Boston Harbor sets opening date

May’s gambling grosses are in from the Boardwalk and Atlantic City is up 2.5% since last year — 11% if Trump Taj Mahal is subtracted from the comparison. Terrestrial casinos pulled in $208 million, while Internet gambling grossed a further … Continue reading

Posted in Affinity Gaming, Architecture, Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Dan Gilbert, Detroit, Golden Gaming, Goldman Sachs, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, North Las Vegas, Palms, Phil Ruffin, SLS Las Vegas, Station Casinos, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off on Better times come to Atlantic City; Wynn Boston Harbor sets opening date

Hard Rock ups Atlantic City commitment; Japan inspires casino designers

Compared to Carl Icahn‘s half-a-loaf policies, Hard Rock International CEO Jim Allen is Lady Bountiful, at least as concerns [Trump] Taj Mahal. We put The Donald’s name in brackets because it’s one of the first things to go, to be … Continue reading

Posted in Architecture, Atlantic City, Carl Icahn, Donald Trump, Election, Glenn Straub, Hard Rock International, Harrah's, Harry Reid, International, Japan, Lawrence Ho, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Regulation, Revel, Sahara, SLS Las Vegas, Technology, Unite-Here | 1 Comment

SLS: What’s in a name?

Quite a lot, from the looks of things. Back in 2014, then-U.S. Sen. Harry Reid (D) prophesied that, in a few years, nobody would be talking about the Sahara anymore; they’d all be talking about SLS Las Vegas. Guess not, … Continue reading

Posted in Foxwoods, Harry Reid, James Packer, Massachusetts, MGM Mirage, Mohegan Sun, Politics, Sahara, Sam Nazarian, SLS Las Vegas, Steve Wynn, The Strip | 1 Comment

SLS to get new owner; Boyd outlines strategy

Having failed to reinvent the north end of the Las Vegas Strip as the new place to party heartily, the owners of $415 million SLS Las Vegas are giving up and selling it to a relatively minor player: Meruelo Group. The … Continue reading

Posted in Architecture, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Environment, Harrah's, Louisiana, Lucky Dragon, Marketing, Mississippi, North Las Vegas, Palms, Reno, Sam Nazarian, SLS Las Vegas, Station Casinos, The Strip, Wall Street | 1 Comment

Icahn amputates nose, spites face; Casinos for Carolina?

In a “So there!” move, Carl Icahn has petitioned, as part of a sale process, to have a five-year deed restriction placed on the Trump Taj Mahal, preventing anyone from reopening it as a casino until 2022. He’s also surrendering … Continue reading

Posted in Atlantic City, Carl Icahn, Moulin Rouge, North Las Vegas, Politics, SLS Las Vegas, South Carolina, Sports, Station Casinos | Comments Off on Icahn amputates nose, spites face; Casinos for Carolina?

Running the tables in Pennsylvania; MGM woos Georgia (again)

Due to Pennsylvania‘s quirky habit of releasing slot and table game revenue numbers in staggered fashion, we don’t often comment on Keystone State gambling revenues. Fortunately, the Center for Gaming Research at UNLV consolidates the information into one handy-dandy report. … Continue reading

Posted in Architecture, Aristocrat, Australia, Cosmopolitan, Economy, Eldorado Resorts, Georgia, GLPI, Greenwood Racing, Harrah's, Hooters, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Slot routes, SLS Las Vegas, Taxes, The Strip, Tourism, Transportation | Comments Off on Running the tables in Pennsylvania; MGM woos Georgia (again)

Ducey: Let’s make a deal; Trump = legal sports betting?

It looks like the State of Arizona may be ready to throw in the towel in its losing fight against the Tohono O’odham Nation over its Desert Diamond casino. Gov. Doug Ducey (R) has inked a new compact with 10 … Continue reading

Posted in Aristocrat, Arizona, Boulder Strip, Donald Trump, Geoff Freeman, IGT, Lucky Dragon, Marketing, Politics, Regulation, SLS Las Vegas, The Strip, Tourism, Tribal | Comments Off on Ducey: Let’s make a deal; Trump = legal sports betting?

Wynn subtracting one golf course, adding another?; Resorts World Las Vegas postponed again

Although Steve Wynn remains bent upon tearing out Wynn Golf Club on the Strip — in favor of Wynn Paradise Park one day, an NFL stadium the next — he may be planning one for Wynn Boston Harbor. At least … Continue reading

Posted in Atlantic City, Economy, Election, Entertainment, Genting, Lucky Dragon, Macau, Massachusetts, Mississippi, New York, SLS Las Vegas, Steve Wynn, The Strip | 2 Comments

Station trumps stadium selection

Station Casinos has vaulted to the forefront of the parties vying to host an NFL-size stadium on their property. While Station’s vast real estate bank has long been viewed as the ace up its sleeve, the company has had difficulty … Continue reading

Posted in Architecture, Lucky Dragon, MGM Mirage, Riviera, Sheldon Adelson, SLS Las Vegas, Sports, Station Casinos, The Strip, Transportation | Comments Off on Station trumps stadium selection

Top Golf’s impressive debut; Lucky Dragon’s calculated risk

“My only problem is A.D.D.” read the T-shirt of one of the celebrants at last night’s opening of Top Golf, on the MGM Grand campus. He was certainly in the right place. If you are serious about honing your skills, … Continue reading

Posted in Boyd Gaming, Churchill Downs, Entertainment, Foxwoods, G2E, Geoff Freeman, Illinois, Internet gambling, Law enforcement, Lucky Dragon, Macau, Marketing, MGM Mirage, Mohegan Sun, Pennsylvania, Philippines, Regulation, Sheldon Adelson, SLS Las Vegas, Sports, Station Casinos, Technology, The Strip | Comments Off on Top Golf’s impressive debut; Lucky Dragon’s calculated risk

Wynn thinks even bigger; Showdown looming in Atlantic City

Perhaps to provide a diversion from a flat first quarter, Steve Wynn has been tinkering with the plans for Wynn Paradise Park, making them more grandiose. That modest little island in the middle of the lagoon has swelled into an … Continue reading

Posted in Architecture, Atlantic City, Carl Icahn, Economy, Genting, James Packer, SLS Las Vegas, Steve Wynn, Technology, The Strip, Tropicana Entertainment, Unite-Here | 1 Comment

MGM wows Wall Street; Lucky Dragon clears major hurdle

Stock analysts were expecting MGM Resorts International to report 1Q16 cash flow of $590 million but the lion overshot projections, bringing in the sheaves to the tune of $618 million. JP Morgan analyst Joseph Greff credited much of the success … Continue reading

Posted in Cirque du Soleil, CityCenter, Detroit, Entertainment, James Packer, Lucky Dragon, LVCVA, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Sheldon Adelson, SLS Las Vegas, Steve Wynn, The Strip, Wall Street | Comments Off on MGM wows Wall Street; Lucky Dragon clears major hurdle

Wynn vs. Wynn II; T-Mobile Arena arrives

You’ve got to hand this to Elaine Wynn: She doesn’t give up easily. Her attorneys have filed their no less than fifth amended complaint and counterclaim. It references depositions from several Wynn Resorts board members, including former Nevada Gov. Bob Miller. It … Continue reading

Posted in CityCenter, Entertainment, history, MGM Mirage, Sheldon Adelson, SLS Las Vegas, Sports, Steve Wynn, The Strip | Comments Off on Wynn vs. Wynn II; T-Mobile Arena arrives

Secrecy prevails in Nevada; Doubletalk Down Under

In a step backward for public transparency, the Nevada Gaming Commission has decreed that privately held casinos no longer have to disclose their financial performance. Not only will this spare SLS Las Vegas the embarrassments that are its quarterly reports, … Continue reading

Posted in Australia, Charity, Cosmopolitan, Culinary Union, Harrah's, Phil Ruffin, Problem gambling, Regulation, SLS Las Vegas, The Strip, Wall Street | Comments Off on Secrecy prevails in Nevada; Doubletalk Down Under

Vegas philanderer meets grisly fate; Hot water for Westgate

Phillip Frank Panzica should have wiped that grin off his face. After being caught in Las Vegas performing public sexual acts on the Vegas High Roller, he pled out to a misdemeanor charge and had scarcely returned to Texas before … Continue reading

Posted in Law enforcement, Regulation, SLS Las Vegas, Texas, The Strip, Westgate LV | Comments Off on Vegas philanderer meets grisly fate; Hot water for Westgate