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Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- 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
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- You can’t fix stupid; Good-bad news on the bayou - 32,669 views
- If you can’t beat ’em, cheat ’em; Fun & games - 32,312 views
- Pennsylvania soggy; Epic fail in North Carolina - 33,375 views
- Sibella scandal spreads; Supremes forestall Seminoles - 33,390 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 33,245 views
- Profit vs. investment on the Strip - 1,054,616 views
- Lame nag; Frissora overpaid? - 454,728 views
- The evils of bingo; Wynn’s Aqueduct exit - 89,853 views
- That casino smell - 62,946 views
- Lost: Steve Wynn’s marbles - 52,034 views
- From the mailbag - 50,380 views
- ABBA plays Vegas - 48,337 views
- Internet gambling: It’s here, deal with it; Another delay in Massachusetts - 47,814 views
- About - 44,397 views
- Cosmopolitan: Towers of Babel - 43,464 views
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Category Archives: George Maloof
Feds screw small casinos; Coronavirus detritus
Unless there’s a change in the rules in Washington, D.C., the current pandemic could cut like an economic scythe through small gaming operators and slot routes. The Small Business Administration has fallen back on a pettifogging old rule that businesses … Continue reading
Posted in AGA, Dining, Economy, George Maloof, Georgia, Health, Las Vegas Sands, LVCVA, Mississippi, Movies, Oscar Goodman, Slot routes, Sports betting, Transportation, TV
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Las Vegas thrives; Palms ad backfires
Yesterday, we spotlit the Debbie Downer view of Las Vegas of one online columnist. And while a lengthy slide in visitation numbers remains a concern, dark and anecdotal snapshots of Sin City are contradicted by the numbers. The latter are … Continue reading
Posted in Boyd Gaming, Cosmopolitan, Eldorado Resorts, George Maloof, Harrah's, Horseracing, Illinois, Indiana, Laughlin, Macau, Marketing, MGM Mirage, Mississippi, Palms, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Slot routes, Station Casinos, Tribal, Wall Street, Wynn Resorts
2 Comments
Smashing concept at Palms; Strike vote today
Station Casinos is firing up the marketing machine for the rollout of its $620 million re-do of the Palms. The new ad campaign is branded “From Dust to Gold” and is heavy on the smashing of glitzy objects. Whether gleeful … Continue reading
Posted in Culinary Union, Current, Economy, George Maloof, history, Internet gambling, LVCVA, Marketing, Mississippi, Sports, Station Casinos, The Strip
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Indiana suffers, Ohio not so much; Station’s surprise
While its $170 million gross looked a lot better than Illinois‘ $104 million, Indiana saw its gamblers stay home in droves — 24% less foot traffic, although those who showed up seemed to have spent 21%. In any event, gambling … Continue reading
Posted in Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, George Maloof, GLPI, Hard Rock International, Harrah's, Illinois, Indiana, Kentucky, Marketing, Ohio, Palms, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Reno, Sports, Station Casinos, The Strip, Tribal
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Wynn: “The End of an Era”
That’s how Deutsche Bank analyst Carlo Santarelli headlined his investor note alerting stockholders to the news that Wynn Resorts CEO/Chairman Steve Wynn has opted to step down. One can only speculate, but Carrie Geer Thevenot‘s long-buried Las Vegas Review-Journal report … Continue reading
Posted in Current, George Maloof, history, Macau, Massachusetts, Nevada, Regulation, Sexual misconduct, Sheldon Adelson, Steve Wynn, Wall Street
5 Comments
Freeman goes native; MGM hits a three-pointer
American Gaming Association President Geoff Freeman was in Oklahoma City yesterday to talk up the economic benefits of Native American gaming. While one might be tempted to say they speak for themselves, the AGA rolled out some pretty powerful numbers. … Continue reading
Posted in Alaska, Animals, California, Cosmopolitan, Florida, Foxwoods, George Maloof, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Sports, Texas, The Strip, Tribal, TV
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How Conor McGregor is like Donald Trump & other news
Not since the election of Donald Trump have oddsmakers been poised to take such a shellacking as at this weekend’s showdown between tomato cans Floyd Mayweather Jr. and boxing debutante Conor McGregor. Despite Mayweather’s proven track record, sports books have … Continue reading
Posted in Atlantic City, George Maloof, Harrah's, Internet gambling, MGM Mirage, Michael Gaughan, New York, PokerStars, Sports, Steve Wynn, Taxes, Technology, The Strip, Tilman Fertitta, Tribal, Westgate LV
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MGM changes Macao strategy; Protest at the Hard Rock
MGM Resorts International isn’t counting on the whales to make ends meet at its Cotai Strip™ casino. “Our business model is not predicated on the VIP business. Our strategic plan is built on catering to this tremendously emerging more-affluent Chinese customer, a … Continue reading
Analysts: Station underperforms; Miami Beach bans casinos
Station Casinos reported revenue yesterday and the Palms is on track for 6% ROI this year. So there’s some work to be done. Management is already off to a good start by closing the world’s largest Hooters, victim of sagging … Continue reading
Station snapping up Palms?
Just when you thought Station Casinos was taking a nap, it up and surprises you. According to LVA sources, Station has purchased the Palms, bringing it nearer the Strip than ever and lending an extra cachet of hipness to the … Continue reading
Posted in Ameristar, Columbia Sussex, George Maloof, history, North Las Vegas, Palms, Station Casinos, The Strip
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Illinois casinos stave off competition; Palms potentially for sale
Despite being increasingly besieged by slot routes, Illinois casinos had a good February, up 5%. Foot traffic was 3% higher and customer spending rose 2%. Two operators had revenue-negative months, with MGM Resorts International off 1% at Grand Victoria Elgin, while … Continue reading
Straub’s time runs short; Smoke gets in Macao’s eyes
Glenn Straub may be $10 million the poorer after yet another deal for Revel has come apart at the seams. Straub wanted to expunge any obligations to Revel tenants. Federal courts would not let him. And, upon that impasse, the … Continue reading
Posted in Architecture, Atlantic City, Downtown, Economy, Environment, George Maloof, Hard Rock International, Harrah's, history, Macau, Revel, Steve Wynn
1 Comment
SLS struggles to find its niche; Cordish knows its one
Granted, Sam Nazarian had to do something with the Sahara, but so far when SLS Las Vegas makes the headlines it’s with another piece of bad news. F&B offerings have been cut back and the nightclub program is struggling. Rationalizes … Continue reading
Posted in Boyd Gaming, Cordish Co., Dining, Genting, George Maloof, Harrah's, Maryland, New York, Regulation, Revel, Sahara, Sam Nazarian, The Strip
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Silver breaks ranks; Is NHL a done deal for Vegas?
In a bold, if not completely surprising move, NBA Commission Adam Silver took to the op-ed pages of the New York Times to advocate the nationwide legalization of sports betting. “Times have changed … Gambling has increasingly become a popular and … Continue reading
Posted in Dotty's, George Maloof, Harrah's, MGM Mirage, Politics, Regulation, Sports, Taxes, The Strip
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Before the fall …
Eight years later, Steve Wynn is still firmly ensconced at the top. Gary Loveman is hanging on for dear life and George Maloof is a sad-faced figurehead. And $2.7 billion for a casino resort (Wynn Las Vegas) looks like frugality … Continue reading
Posted in Boyd Gaming, CityCenter, Cosmopolitan, Economy, Fontainebleau, George Maloof, history, Steve Wynn, The Strip, Wall Street
4 Comments
Five weeks for Sahara Sam
That’s how much time Sam Nazarian has to scare up $115 million from overseas sources. If the deal isn’t done by Feb. 28, $300 million that’s currently in escrow quietly goes away. In exchange for offshore capital, Nazarian has to … Continue reading
Posted in Cosmopolitan, Current, Entertainment, George Maloof, Goldman Sachs, International, Regulation, Sahara, Sports, The Strip, Tourism, Wall Street
4 Comments
Palms cops a plea
It’ll cost the Palms a cool $1 million and change to make problems with the Nevada Gaming Control Board go away quietly … unless the Nevada Gaming Commission decides a still-higher penalty should be exacted. (Unlikely, but possible.) According to … Continue reading
Posted in Current, Entertainment, George Maloof, Regulation, Wall Street
2 Comments
Lou Lang up to old tricks; Dog-and-pony show at Sahara
For months, state Rep. Lou Lang (D-Skokie), has been threatening to push an enormous gambling expansion through the Illinois Legislature during its lame-duck session. He says he’s “getting very close” but we’ve heard that kind of braying from Lang previously. … Continue reading
USA Today’s best of the Strip
Pursuant to our last S&G dispatch, here are the USA Today choices for top attractions on the Strip (uniqueness and affordability being prime considerations). If you’re not staying at a Hilton property right now, you aren’t vouchsafed access to the … Continue reading
Posted in Architecture, CityCenter, Cosmopolitan, Dining, Entertainment, Environment, George Maloof, Harrah's, MGM Mirage, Movies, Planet Hollywood, Steve Wynn, The Strip, Tourism, Transportation
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