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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Gary Goett
Strip flattens, LV locals rebound; Hyatt’s Vegas Dream
That great Las Vegas recovery on the Strip suddenly flattened in October but new signs of vitality were evident in the local-gambler sphere. Las Vegas Strip casinos grossed $706 million, almost dead-even with the year before. Locals-derived win, meanwhile, surged … Continue reading
Posted in Bally, Boulder Strip, California, Chicago, Downtown, Gary Goett, International, Internet gambling, Lake Tahoe, Laughlin, LVCVA, Macau, Maryland, Massachusetts, Mesquite, North Las Vegas, Resorts World LV, Sports betting, The Strip, Transportation, Warner Gaming, Wendover
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Strip still booming, locals flat; Gambling with democracy
Nevada scored yet another $1 billion-plus month in September, up 8% from 2021. As you might expect, the Las Vegas Strip drove the big gain, booking $693 million in win, up 8%. Strip slot revenue was $409.5 million, a 17.5% … Continue reading
Strip buoyant, locals flat
Casinos on the Las Vegas Strip won $660 million last month, a 5% bump over last year, as business continues to trend well into 2023. (It was also up a whopping 27% over 2019.) Strip numbers also benefited—although locals ones … Continue reading
Posted in Boulder Strip, Gary Goett, Lake Tahoe, Laughlin, Mesquite, Nevada, North Las Vegas, Reno, The Strip, Wendover
3 Comments
Peace in Atlantic City; Storm over Vegas
Along with Resorts Atlantic City, the Golden Nugget (seen above in its Trump Marina days) has inked a new labor pact with Unite-Here, bringing to an end any uncertainty about a strike on the Boardwalk. Workers get substantial pay increases, … Continue reading
Posted in Animals, Atlantic City, Bally, Caesars Entertainment, Canada, Churchill Downs, Cretins, Current, Derek Stevens, Dining, Downtown, Entertainment, Environment, Gary Goett, Genting, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Kentucky, Las Vegas Sands, Macau, MGM Resorts International, Mohegan Sun, Singapore, The Strip, Unite-Here, Wall Street
1 Comment
Atlantic City prospers; Inflation vs. gaming: Which prevails?
Liar, liar, pants on fire. That’s what we say to Atlantic City casino executives who predict the coming of the Apocalypse is smoking is banned in their premises. First-quarter gross operating profits were up even by pre-pandemic standards, which hardly … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Canada, Conventions, Dan Lee, Detroit, DraftKings, Economy, Election, Gary Goett, Golden Nugget, Hard Rock International, Internet gambling, Iowa, Kansas, MGM Resorts International, Minnesota, Mohegan Sun, Nebraska, New York, Ocean Resort, Peninsula Pacific, Penn National, Philippines, Politics, Sports betting, Taxes, Technology, Tourism, Transportation, Tribal, Wall Street
1 Comment
Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Atlantic City casinos leapt 17% from March 2021, grossing $216.5 million. Except for Tropicana Atlantic City, which was flat at $19 million, almost everyone posted relatively impressive gains. Borgata‘s $55 million (+18%) predictably topped the market, while Hard Rock Atlantic … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, California, Card rooms, Charity, Chicago, Derek Stevens, Gary Goett, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Neil Bluhm, Ocean Resort, Phil Ruffin, Politics, Problem gambling, Reno, Rush Street Gaming, Spectacle Entertainment, Sports betting, Technology, West Virginia
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Strange bedfellows indeed; Massachusetts responds to Vegas massacre
Ex-Indiana Gov. Mike Pence‘s anti-casino past came back to bite him in the keester this week. A lengthy exposé reveals that, even as Pence was publicly posturing about “no expansion of gaming” in Indiana — although Pence never clearly defined … Continue reading
Posted in Atlantic City, California, Centaur Gaming, Charity, Delaware, Donald Trump, e-sports, G2E, Gary Goett, Indiana, Internet gambling, Mandalay Bay Massacre, Maryland, Massachusetts, Nevada, Politics, Regulation, Sheldon Adelson, Station Casinos, Technology, Tribal
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Goett with the wind
Since Colliers International hasn’t been able to move Gary Goett‘s 100 gaming-enabled acres on St. Rose Parkway and I-15, at $1.25 million per acre, he’s still got time to rethink his decision not to build his Southern Highlands megaresort (left), … Continue reading
Posted in Architecture, Boyd Gaming, Gary Goett, M Resort, Michael Gaughan, North Las Vegas, Penn National, Station Casinos, Steve Wynn
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Klondike, over and out
Although Jon Woodrum has been a minor fixture of the Las Vegas casino scene for decades, he and son Mike Woodrum are trying to cash out of the Klondike Sunset Casino for a tidy little $3.5 million. It appeared last … Continue reading
Posted in Boulder Strip, Economy, Gary Goett, M Resort
1 Comment
Revel: It was all downhill from here
Yeah, Beyoncé is a hard act to follow but who knew that Revel would fall so far, so fast? So enjoy this brief moment when things looked so very promising* … in the meantime, I’m running down leads on some … Continue reading
Goett … Goett … gone
In addition to his core site of 100 acres across from M Resort, would-be Olympia Gaming mogul Gary Goett is also shopping around an additional 260 gaming-enabled acres directly to the north. Goett’s asking price? A cool million an acre, … Continue reading
Losee Station bites the dust
We’re just past two years to the day when S&G predicted, “Good luck finding any takers” at $39.5 million for the old Castaways site. Even now, at a priced-to-move $8.3 million ($414K/acre), it’s not budging. The site’s threefold curse is, … Continue reading
Posted in Boulder Strip, Boyd Gaming, Current, Economy, Gary Goett, Station Casinos, Wall Street
2 Comments
Not priced to move; The end of Southern Highlands
Recently I was asked about the future of the Key Largo Casino, long defunct — a casualty of last decade’s condo craze. The photo above is some handiwork of Colliers International and I’ve borrowed it to illustrate the excellent geographical … Continue reading
An arena in every pot
A scrum of casino owners and would-be owners is swarming the Clark County Commission with proposed arenas. The Las Vegas City Council may be able to get into the act, as Cordish Cos. is studying the feasibility of a stadium … Continue reading
Posted in Archon Corp., Cordish Co., Current, Downtown, Dubai, Economy, Entertainment, Gary Goett, Harrah's, Michael Gaughan, Oscar Goodman, Sports, Taxes, The Strip, Tourism, Transportation
1 Comment
Dept. of Wishful Thinking
Whatever became of Elad Properties‘ metaresort-sized Plaza project, built upon the ruins of the New Frontier? Reed Construction Data Project Research claims it’s on. Never mind that Elad’s not put so much as a shovel into the ground … or … Continue reading
Posted in Current, Economy, Environment, Gary Goett, Harrah's, M Resort, Massachusetts, Mississippi, New York, Phil Ruffin, Plaza, Racinos, The Strip, Tribal
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What a difference four years makes; Lowden follies
In the course of correcting the record about former North Las Vegas mayor — and current gubernatorial aspirant — Michael Montandon (R) on a different Web site, I had to cause to dust off an old press clipping. Back when … Continue reading
Posted in Archon Corp., Boyd Gaming, Economy, Election, Gary Goett, North Las Vegas, Politics, Station Casinos
1 Comment
Station 1, Boyd 0
In a North Las Vegas proxy war, Station Casinos handed defeat to Boyd Gaming when its preferred candidate, Councilwoman Shari Buck, trounced a colleague, to become the city's next mayor. Both Boyd and Station contributed to both candidates but slight … Continue reading
Posted in Boyd Gaming, Election, Gary Goett, Station Casinos
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