New episode is up: http://www.vegasgangpodcast.com
* Planet Hollywood + Harrah's?
* Fontainebleau + Penn Nat'l?
* Stanley Ho's SJM
* Niche Marketing @ Monte Carlo
* Gaming Figures
Do you have questions for MGM Mirage's Alan Feldman? He'll be our guest at Vegas Podcast-a-palooza in October. Leave your question in a comment and we'll consider them for the show.
Bob Stupak, creator of Vegas World and The Stratosphere Tower, died today at 67.
Other media outlets can eulogize him far better than I can but I'll say this: even if his creations were not up your alley, the guy had a massive impact on Las Vegas as it is today.
Mike's back with another Strip Walk and this time it's all MGM, all the time.
Here's the complete photo gallery:
Read on for more...
MacauTripping is reporting that Dr. Stanley Ho, Macanese gaming pioneer and leader of SJM may have died. Reports are as yet unconfirmed but if it is true would no doubt have a major impact on the gaming industry in that region.
From what I have read, the path of succession for SJM is not clear - who will take over the company? Ho had many children, including those that are in relationships with foreign companies like MGM Mirage and PBL. Could Pansy Ho take over SJM? Can't imagine New Jersey regulators would love that, given their concern over alleged SJM activities in the past.
Update: So, it appears that Dr. Ho is alive and well - this rumor is unfounded as far as we can tell.
The news that Harrah's had started buying Planet Hollywood debt started fluttering around on Saturday and finally got some major coverage yesterday.
Basically, PHo has been hurting, just like everyone else. I'm sure Harrah's sees an opportunity to potentially pick up a Strip property at a discount, ala Tropicana AC or LV.
Potentially great business decision for Harrah's but I hope this doesn't come to fruition. As others have said, The Strip doesn't need more consolidation - it seems to be healthier and do better with more operators and more competition.
If this does go down, it would be interesting to see if regulators have more pause after the events of the last few years.
City Center isn't even open and it's already winning some green. By that terrible pun, I am referring to their LEED certification for Aria and Vdara, two components of the project.
This is a great thing - not only does the company get a tax abatement for up to ten years, it gets them a bunch of extra press and builds some additional excitement... plus, helping the environment isn't a bad thing either.
The latest Vegas Gang Podcast has been published.
* Encore Beach Club
* FBleu Sale Rumors
* City Center Condos
* Frank Fertita Jr.
Feel free to leave comments below. I feel like I was supposed to put something in the show notes and I can't remember what now...
Oh, here's the LV Weekly article on Vegas Mate: http://www.lasvegasweekly.com/news/2009/sep/03/sin-city-your-hand/
I'm not calling it a slot club because the company has decided to expand the offering - you get points for gaming but also rooms, dining and retail. Three tiers separate card holders, Grazie, Gold and Platinum.
This is a welcome change for Las Vegas regulars that enjoy a good 'two way hard three' but also drop significant change for deluxe suites and gourmet meals (are you listening, Wynn Resorts??)
Personally, I hope to see more of this permeate the gaming industry.
CNBC interviewed MGM's Jim Murren today. The 11 minute video is online now. Quite interesting.
CNBC Interviews MGM's Jim Murren
Update: Just wanted to note that Vegas Mate is profiled in Las Vegas Weekly this week, out today: http://www.lasvegasweekly.com/news/2009/sep/03/sin-city-your-hand/