Category Archives: Archon Corp.

Warm spring in the Midwest; Vegas Vic gets political

Don’t believe anyone who says the economy is bad: Casino takings are up all across the Midwest. The biggest gain was in Ohio, where casino win rose 7%, even though players continue to blow off Jack Cleveland ($18 million, -8%). … Continue reading

Posted in Affinity Gaming, Ameristar, Animals, Archon Corp., Boyd Gaming, California, Dan Gilbert, Downtown, Eldorado Resorts, Full House Resorts, Harrah's, Indiana, Isle of Capri, Law enforcement, Majestic Star, Missouri, Ohio, Penn National, Pinnacle Entertainment, PokerStars, Politics, Racinos, Tropicana Entertainment, Wayne F. Newton | Leave a comment

NHL maybe, NBA not so much

“Preliminary talks” could mean relatively nothing but when one of the principal parties is MGM Resorts International, you have to take them seriously … especially when MGM is building an arena intended for major-league sports. Still, there don’t appear to … Continue reading

Posted in Archon Corp., Entertainment, MGM Mirage, Sports, The Strip | 1 Comment

Archon under fire again

Sue Lowden is back in the news, not for her political activities but as secretary and public face of Archon Gaming, whose 27 acres atop the Strip are a hot property again, following the opening of SLS Las Vegas. Dissident investor … Continue reading

Posted in Archon Corp., Economy, Laughlin, Ohio, Penn National, Sam Nazarian, The Strip, Wall Street | Leave a comment

Long siege on the Strip

In one of the more improbable but optimistic auguries the North Strip has seen, a private equity fund is trying to pry land away from Archon Corp. For the past 10 months, Esplanade Capital has been laying siege to Archon, … Continue reading

Posted in Archon Corp., The Strip, Wall Street | 1 Comment

SLS to get oddball neighbor?

Everybody’s entitled to a dream, however implausible. Back when Christopher Milam was plotting to build the Silver State Arena on the former Wet ‘n Wild site, we had a lot of problems with Milam’s concept. However, it seems the essence … Continue reading

Posted in Architecture, Archon Corp., Sam Nazarian, Sports, The Strip | 2 Comments

Chicken Lady rides again

Responding to the deafening disinterest of a Nevada electorate that has largely forgotten her, Pioneer Hotel & Gambling Hall Treasurer Sue Lowden — touting her casino expertise — has thrown her tiara into the ring in the contest to be … Continue reading

Posted in Archon Corp., Current, Election, Laughlin, Sheldon Adelson | Leave a comment

Massachusetts loses patience … as do Archon shareholders

As the Mashpee Wampanoag tribe and Gov. Deval Patrick (D, right) continue to try and convince the federal government that their prepackaged arrangement for the Mashpee Wamps to get a casino in southeast Massachusetts isn’t usurious (17% of gross revenues … Continue reading

Posted in Ameristar, Archon Corp., Boyd Gaming, Economy, Laughlin, MGM Mirage, Penn National, Pinnacle Entertainment, Politics, Regulation, Taxes, The Strip, Tribal | Leave a comment

Fire island; The Illinois creep

If you drove past Treasure Island this morning and saw a veritable armada of emergency vehicles jammed into an access road and spilling out on Spring Mountain Road, the good news is that things are under control. The bad news … Continue reading

Posted in Archon Corp., Dining, Harrah's, Illinois, Monte Carlo fire, Phil Ruffin, Slot routes, The Strip | Leave a comment

Atlas stumbled

Warren Buffett likes to say that we’ve already had class warfare in this country and his class won. Whilst laid up, recuperating from an ill-advised meal at Mizumi, I had reason to ponder this in connection with the recent stateside … Continue reading

Posted in Archon Corp., Bally Technologies, Culinary Union, Current, Dining, Economy, Election, Internet gambling, Massachusetts, New York, Pennsylvania, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 7 Comments

SLS Las Vegas: Pretty pictures and propaganda

To celebrate the first anniversary of his cold-blooded, premeditated murder of the Sahara, nightclub owner Sam Nazarian trotted out freshly hired casino boss Rob Oseland, along with some models (no, not of the runway ilk) and even a rendering that … Continue reading

Posted in Architecture, Archon Corp., Boyd Gaming, California, Cosmopolitan, Current, Dining, Encore, Entertainment, Fontainebleau, Goldman Sachs, Harrah's, Marketing, MGM Mirage, Morgans Hotel Group, Plaza, Sahara, Steve Wynn, Taxes, The Strip, Tourism, TV | 4 Comments

When executives attack: The Quickening

OK, you’ve heard the sound bites, read the correspondence, seen the over-the-top tactics. Now Station Casinos and the Culinary Union have to make their case to a higher authority: Jon Ralston. (Historical footnote: When Ameristar Casinos bought Station out of … Continue reading

Posted in Ameristar, Archon Corp., Boulder Strip, Culinary Union, George Maloof, Missouri, North Las Vegas, Station Casinos, TV | Leave a comment

“Michael Jackson™”: Mortal?

As the reviews trickle in from Saturday night’s Las Vegas premiere of Michael Jackson The IMMORTAL World Tour™ we may be seeing an inversion of the Viva Elvis™ phenomenon. In the latter instance, the out-of-towners raved and local critics yawned. … Continue reading

Posted in Archon Corp., Cirque du Soleil, Current, Economy, Entertainment, MGM Mirage, The Strip | Leave a comment

Blast from the past

Today I’m busy on “Question of the Day,” Desert Companion and CityLife fronts simultaneously. As irrational compensation, here’s the one scene from Ocean’s Eleven that, more than any other, must be preserved for posterity. It’s also a nice look at … Continue reading

Posted in Archon Corp., history, Movies, Sahara, The Strip | Leave a comment

Monopoly over Miami

A recent visitor to Las Vegas from the Pacific Rim told me that Sheldon Adelson has worn out his welcome in Macao (which is on pace to eclipse all other gaming markets combined) and is fast doing so in Singapore. … Continue reading

Posted in Archon Corp., Current, Economy, Florida, Genting, Harrah's, Internet gambling, Laughlin, Macau, Massachusetts, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Taxes, Wall Street | Leave a comment

Station stirrings

It looks as though Station Casinos and Manhattan-based developer Fisher Bros. are trying to put back together some of the pieces of their Humpty Dumpty megaproject along I-15. As you recall, the duo had acquired a swath of land (assembled … Continue reading

Posted in Animals, Archon Corp., Current, Economy, Entertainment, MGM Mirage, Station Casinos, The Strip | 1 Comment

Sheldon Adelson’s court jester yuks it up

Las Vegas Sands-backed mayoral candidate Victor Chaltiel rolled out the following prank ad today … I’m not sure that there’s any percentage in going after the grandmotherly (but hopelessly vague) Carolyn Goodman in the snide fashion that is quickly becoming … Continue reading

Posted in Archon Corp., Current, Downtown, Election, Florida, Harrah's, International, Laughlin, Macau, MGM Mirage, Minnesota, Mississippi, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Texas, The Strip, TV | 1 Comment

“V”

That’s about the extent and substance of the campaign of Las Vegas mayoral aspirant Victor Chaltiel, a suddenly ubiquitous, Peter Lorre-like figure who has manifested himself as major civic figure as suddenly as if he’d been beamed down from space. … Continue reading

Posted in Archon Corp., Boyd Gaming, Current, Don Barden, Downtown, Economy, Harrah's, International, Marketing, North Las Vegas, Pennsylvania, Politics, Station Casinos, The Strip, TV, Wall Street | 4 Comments

Did you know … ?

… that back in what Sue Lowden would call “the olden days,” the high cost of presenting grand opera was (in some cities) subsidized by the revenues from casino games in the foyer? I do not know if this was … Continue reading

Posted in Archon Corp., Entertainment, history, Movies | Leave a comment

Quote of the Day

“You miss the ‘olden days’ when poultry was considered currency.” — from Las Vegas CityLife‘s list of “Signs You Should Not Run for Public Office.”

Posted in Archon Corp., Election | 1 Comment

Quote of the Day

“Chickens are funny. I didn’t know just how funny they were. People enjoyed that and got a laugh. I will never understand that, how it was interpreted as something funny.” — Archon Corp. Treasurer Sue “Chicken Lady” Lowden, slowly beginning … Continue reading

Posted in Archon Corp., Election | 2 Comments