Sequels are never as good as the original. Just ask Las Vegas Sands Corp. Chairman Sheldon Adelson. Apparently, he wants to star in his own version of “The Hangover Part III.”
Inside Gaming
Richard N. Velotta’s Inside Gaming column appears Sunday and Wednesday in Business.
rvelotta@reviewjournal.com … @RickVelotta on Twitter. 702-477-3893
Wall Street still isn’t sold on the efforts by Caesars Entertainment Corp. to get out from under more than $20 billion of long-term debt.
On a seasonably pleasant Friday afternoon in late April, Atlantic Club Chief Operating Officer Michael Frawley and PokerStars spokesman Eric Hollreiser acted like cozy business partners.
There are victory laps and then there are VICTORY LAPS.
The late Dennis Gomes had a colorful and Hall of Fame-worthy 40 years in the gaming industry. He operated more than a dozen casinos in Las Vegas and on the Boardwalk from the mid-1980s until his sudden passing at age 68 in February 2012.
When the $550 million SugarHouse Casino opened 28 months ago on a Delaware River waterfront site in South Philadelphia, opponents of the project worried that local businesses would suffer.
Overseeing the American Gaming Association is not like herding cats. It’s more like herding mountain lions. One misstep and you’ll lose body parts.
Penn National is not the first commercial casino company to jump into the Indian gaming market.
Bill Weidner has put his 14 years as president of Las Vegas Sands Corp. in the rear view mirror. Last month, Global Gaming Asset Management, which Weidner operates with former Las Vegas Sands executives Brad Stone and Garry Saunders, opened the first phase of Solaire, a planned $1.2 billion hotel-casino at Manila Bay in the Philippines.
During the 2008 breach-of-contract trial between Hong Kong businessman Richard Suen and Las Vegas Sands Corp., Sheldon Adelson went to great pains to correct his testimony after suggesting that Bill Weidner, who was then president of the company, had breached fiduciary responsibility to the casino operator.
For now, we have a benchmark on Strip land values.
Memo to Las Vegas Review-Journal readers: Please stop calling, emailing and leaving me nasty messages about the planned Gansevoort Las Vegas.
Bob Miller didn’t think much of the casino concept proposed to his father.
Sorry, Bally Technologies. You guys are boring.