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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 31,595 views
- Profit vs. investment on the Strip - 1,054,610 views
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Category Archives: Stanley Ho
Las Vegas heats up; Zombies overrun Atlantic City
In a benchmark development, three of the four major Las Vegas Strip operators posted higher midweek rates for the July 4-July 10 period than in 2019. Caesars Entertainment was flat, probably due to its sheer proliferation of hotel rooms. MGM … Continue reading
Posted in Atlantic City, BetMGM, Caesars Entertainment, Colony Capital, Conventions, Cordish Co., Economy, Entertainment, Indiana, Japan, Las Vegas Sands, Marketing, MGM Resorts International, Movies, Nevada, Pennsylvania, PointsBet, Rush Street Gaming, Sheldon Adelson, Sports, Sports betting, Stanley Ho, The Strip, Tourism, Transportation, TV, William Hill, Wynn Resorts
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Strip returns to form; Caesars nixes buffets, free play
Last month Nevada raced ahead of 2019 gambling-revenue benchmarks, up 11% to just over $1 billion. Locals-derived winnings ($245 million) jumped 18%, despite operating at 80% capacity. (Locals casinos saw 15% higher slot win 18% greater handle and 35.5% more … Continue reading
Posted in Australia, Boulder Strip, Caesars Entertainment, Connecticut, Crown Resorts, DFS, Dining, Donald Trump, Downtown, Economy, Election, Foxwoods, G2E, Health, Internet gambling, Lake Tahoe, Laughlin, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Resorts & Entertainment, Mesquite, Mississippi, Mohegan Sun, Nevada, North Las Vegas, Regulation, Reno, Sports betting, Stanley Ho, Station Casinos, Taxes, The Strip, Tilman Fertitta, Wendover
1 Comment
Tribute to a bad man
Sheldon Adelson‘s Horatio Alger success story came to an abrupt end today, when the Boston Globe broke the news of his death from lymphoma at age 87. Adelson had a good run in the industry, longer than most, and his … Continue reading
Posted in AGA, Alabama, Architecture, Conventions, Culinary Union, Donald Trump, Election, Florida, Galaxy Entertainment, Health, history, International, Internet gambling, Japan, Las Vegas Sands, LVCVA, Macau, Marijuana, Movies, New York, Pennsylvania, Politics, Sheldon Adelson, Singapore, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Steve Wynn, Taxes, Texas, The Strip, Tribal, Wall Street
3 Comments
Caesars pleads poverty; FBI descends on Vegas
News sources are reporting “mass layoffs” at Caesars Southern Indiana, one of the company’s more successful properties. As many as 200 staff have been given their walking papers, not just in the poker room but vital departments like servers, bartenders, … Continue reading
Posted in Caesars Entertainment, Canada, Cosmopolitan, Derek Stevens, Donald Trump, DraftKings, Economy, Entertainment, Health, Indiana, Las Vegas Sands, Law enforcement, Marketing, MGM Resorts International, Missouri, Nevada, Penn National, Planet Hollywood, Resorts World LV, Security, Sports betting, Stanley Ho, Tourism, Transportation, Wall Street, Wynn Resorts
6 Comments
Cosmofusion; MGM Springfield wants new deal
There are some mighty mixed signals coming out of The Cosmopolitan of Las Vegas. The megaresort informed its thousands of employees that no layoffs are planned. However, it wrote the state that “The layoff and furloughs which began on or … Continue reading
NBA odds sizzle; Stanley Ho’s revenge
While the expansion of the NBA playoff field to 22 teams fiddled with the odds, the favorites to win remain the same: the Los Angeles Clippers, Los Angeles Lakers and Milwaukee Bucks. The league’s plan is to resume play July … Continue reading
Atlantic City gets good news; Stanley Ho canonized
July 4 could spell independence for Atlantic City casinos, judging by recent statements from New Jersey Gov. Phil Murphy (D). In a radio interview he said, “It’s probably still too early to give you a very specific answer but there’s a … Continue reading
Quote of the Day
“I don’t gamble at all. I don’t have the patience. Don’t expect to make money in gambling. It’s a house game. It’s for the house.”—Stanley Ho (1921-2020), in a 1971 interview.
Posted in Stanley Ho
1 Comment
Nevada ekes out slim April; Pansy Ho takes charge
Yes, Virginia, there was gaming revenue in Nevada last month, although the casinos were closed. Mobile sports wagering and online poker did the trick, plus expired slot tickets, although the amount realized from the latter is described as “immaterial.” Most … Continue reading
Posted in Atlantic City, Boyd Gaming, Culinary Union, Downtown, Economy, Health, Jim Murren, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Pansy Ho, Regulation, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, The Strip, Tourism, Transportation, Wendover
2 Comments
Sisolak gets sick; Stanley Ho dies; Culinary discontent
Yesterday’s big announcement about casino reopenings was postponed and the off-the-cuff reaction must have been something like ‘Uh-oh. Coronavirus cases are up again.’ Not hardly. According to Gov. Steve Sisolak (D), “we continue to see a consistent and sustainable downward … Continue reading
Maddox gets ants in his pants; Sports start to stir
As part of the Business Roundtable at the White House, CEO Matt Maddox got to stump for Wynn Resorts‘ mid-pandemic reopening protocol. Maddox said that (amazingly) University Medical Center facilities “don’t have enough people to test. So I’ve signed a deal … Continue reading
Posted in Alex Meruelo, Caesars Entertainment, Culinary Union, Economy, GLPI, Health, Reno, South Korea, Sports, Stanley Ho, The Strip, Wynn Resorts
2 Comments
Wind of change; Packer “like a car crash”
There’s change in the breeze at Wind Creek Bethlehem. Former general manager Brian Carr “is leaving the organization,” replaced by Kathy McCracken, a longtime veteran of the property, which has underperformed since the Poarch Bank of Creek Indians took ownership. Not coincidentally, … Continue reading
Packer’s pickle; Sands, MGM, Wynn lauded
Crown Resorts, under investigation in New South Wales, evidently decided it could no longer afford to half-ass it without a CEO (a position that had gone unfilled for three years) and elevated CFO Ken Barton to the job. Congratulations … … Continue reading
Posted in Indiana, James Packer, Japan, Las Vegas Sands, Law enforcement, Macau, Mandalay Bay Massacre, Melco Resorts & Entertainment, MGM Resorts International, Sexual misconduct, Sheldon Adelson, Stanley Ho, Wynn Resorts
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Power play in Springfield; Packer faces impeachment
We had a gut feeling this was coming. MGM Resorts International CEO Jim Murren has given the sack to MGM Springfield President Michael Mathis, replacing him with MGM Northfield Park prexy Chris Kelly. Northfield Park hasn’t missed a step since … Continue reading
Posted in Australia, China, Connecticut, Crown Resorts, International, James Packer, Japan, Law enforcement, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Money laundering, New Jersey, Ohio, Stanley Ho, The Crown 18, The Mob
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Stanley upstages Terry; Restaurant fees disputed
MGM China will be dropped from the Hong Kong bourse. Casino.org announced the change with this photo of Stanley Ho and Pansy Ho at the MGM Grand Macau opening. Somebody had a wicked sense of humor, cropping former CEO J. Terrence … Continue reading
Posted in Architecture, Caesars Entertainment, Cosmopolitan, Dining, Macau, MGM Resorts International, Oklahoma, Pansy Ho, Resort fees, Stanley Ho, Taxes, The Strip, Tribal, Wall Street, Wynn Resorts
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Wynn: Elaine did me dirty; New Jersey rakes it in
On the principle that two wrongs make a right, disgraced casino mogul Steve Wynn is accusing ex-wife Elaine Wynn of stirring up the Wall Street Journal story that ended his career. This comes by way of testimony by one Renée … Continue reading
Posted in Architecture, Culinary Union, e-sports, Elaine Wynn, Election, Florida, Hard Rock International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Nevada, New Jersey, New York, Politics, Resort fees, Sexual misconduct, Sports betting, Stanley Ho, Station Casinos, Steve Wynn, Taxes, Technology, Tribal, Wisconsin, Wynn Resorts
1 Comment
Gambling’s Wild Wild East; Wynn minimizes Hong Kong unrest
China is calling for the Philippines to crack down on its gambling industry, which Beijing considers a lawless enterprise, rife with human trafficking and worse. “It said citizens’ rights were being violated and dozens were kidnapped, tortured and physically abused … Continue reading
Posted in Australia, Crown Resorts, Florida, International, Law enforcement, Macau, Massachusetts, Melco Resorts & Entertainment, Philippines, Politics, Problem gambling, Regulation, Stanley Ho, Tribal, Wynn Resorts
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Secret deal in Bridgeport?; Packer/Ho sale threatened
“There is no ‘either/or’ solution when it comes to East Windsor and Bridgeport, and we shouldn’t be playing two Connecticut communities against each other.” That’s what tribal spokesman Andrew Doba said after it was revealed that Bridgeport was flirting with Foxwoods Resort … Continue reading
Posted in Australia, California, Cirque du Soleil, Connecticut, Crown Resorts, e-sports, Entertainment, Foxwoods, Galaxy Entertainment, Las Vegas Sands, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Pennsylvania, Regulation, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Wynn Resorts
1 Comment
SJM Fok-ed up; Virginia approves casinos
Lucina Laam may be the most important person in Macao‘s turbulent casino history. As Wife #2 of Stanley Ho she bore Daisy Ho, Pansy Ho, Lawrence Ho and two other daughters not involved in the gaming biz. Now, in an … Continue reading
Posted in Atlantic City, Caesars Entertainment, DFS, Donald Trump, Downtown Grand, Environment, history, International, Las Vegas Sands, Lawrence Ho, Macau, Marketing, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, New York, Pansy Ho, Pennsylvania, Politics, Singapore, Sociedade de Jogos de Macau, Stanley Ho, Technology, Tribal, Virginia
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