East Coast Gambler

I’ll be just touching down in Las Vegas by the time this Week In Review goes up.  Here’s a look an eventful week.

• Harrah’s Las Vegas Diamond Clubs
• 9/6 Jacks or Better Alive in Atlantic City
• Second Quarter Casino Earnings
• Rapid Baccarat
• Repeat Order
• Plaza Becoming Union Plaza Again
• RUMOR: Rio Sold To Boyd Gaming (still no confirmation)
• Seven Stars Insider August Edition
• Wild Wild West New and Improved?
• Signs Signs Everywhere Signs
• Welcome Bet Revolution (still free $10 bet)
• Bally’s Doesn’t Want To Help
• Get Beer Faster In Las Vegas
• Wanna Buy Some Dirt In Atlantic City?
• Preview Bar and Burgers

The NFL season starts tonight!

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I read rumor about Rio being sold to Boyd gaming earlier and haven’t been able to confirm it.  I have no idea if this is true, but I want to pass along to other nerds like me that might find it interesting.

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Boyd Gaming announced their new players club called B Connected.  The club will include all Las Vegas properties, but NOT Borgata in Atlantic City.

The B Connected brand will be available at 13 Boyd Gaming properties, which include all of the company’s Las Vegas properties. The membership program does not include the Borgata in Atlantic City.

One of the reasons Harrah’s has so much east coast traffic is because Total Rewards can be used at any location, including Las Vegas.

I see this as a sign that Boyd will not purchase MGM’s 50% of Borgata and probably a bad sign for Atlantic City, in general.  This should help the Harrah’s Atlantic City properties keep an edge over the best casino in the market.

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A judge OK’d Station Casinos request to sell 11 of their properties in Las Vegas.  Now that they can sell the casino’s who do you think is going to bid for them of the following?

Mentioned as potential bidders are Boyd Gaming Corp, Ameristar Casinos, Penn National Gaming, Cannery Casino Resorts and the Palms.

My money remains on Boyd Gaming, unless they decide to purchase MGM’s half of Borgata in Atlantic City.  So, who ya got?

Fiesta

Photo: Las Vegas Sun

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I tend to keep away from corporate casino hotel earnings, but I’ve noticed that there have been a lot of incoming searches for this so I figured that I would round up a bunch of information for those looking.

• Golden Nugget Reports Increase In Revenue. LV Sun
• Las Vegas Sands Narrows Loss In First Quarter.  LV Sun
• Tropicana Reports Loss; Cites Las Vegas “Room Inventory Imbalance”. LV Sun
• Harrah’s Reports a Loss as Recession Takes Toll. LV Sun
• CityCenter Pushes MGM Mirage to First Quarter Loss. LV Sun
• Boyd Gaming Returns To Profit, Notes Improving Economy. LV Sun
• Wynn Resorts Sees Profit in First Quarter. LV Sun
• Hard Rock Hotel Reports First Quarter Loss of $26.5 Million. LV Sun
• Station Casinos Reports Revenue Drop in Fourth Quarter of 09. LV Sun

Each article has is accompanied with commentary.  Check Two Way Hard Three‘s thread for non-local comments.  Non-locals always have a different point of view.

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Echelon has been a mess since day one it seems and now it’s been put on hold indefinitely.  Echelon was to stand where Stardust used to be on the Las Vegas Strip.  Construction has been halted for a year but now all equipment will be taken from the site leaving a shell of a casino sitting on the strip for at least 6 months and possibly 3 years.

Complete story and video on Las Vegas Now.

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