Merger update

Here’s a great capsule summary of the Harrah’s/Caesars merger proposal, and a breakdown of Harrah’s Caesars, MGM MIRAGE, and Mandalay Resort group, from Yahoo Finance: Casino operator Harrah’s Entertainment is close to buying bigger rival Caesars Entertainment in a $10 billion deal that would form the world’s largest casino empire with $8.8 billion in annual … Read more

Indian gaming revenue

The National Indian Gaming Commission has released its figures for 2003 casino revenues: National Indian Gaming Commission Chairman Phil Hogen announced today that national 2003 gross gaming revenues for Indian gaming facilities topped $16.7 billion, an increase of $2 billion or 13.7 percent over 2002 gross gaming revenues. “The Indian gaming industry has grown significantly … Read more

Bill and Jay’s Excellent Adventure

Metaphorically, of course. Since both Bill Harrah and Jay Sarno are deceased, I’m talking about the companies that claim them as founders: Harrah’s Entertainment and Caesars Entertainment. According to the Wall Street Journal, quoted here by Reuters, Bill’s company is going to acquire Jay’s, the second major gaming merger in a month: Harrah’s Entertainment Inc.is … Read more

Breathe easy, Anaheim

Particularly if you own a pinball machine. From the LA Times: Anaheim officials are doing a little housekeeping and whittling down the city’s bulky municipal code. Tonight, the City Council is scheduled to consider repealing or modifying several ordinances that officials call outdated, redundant or just plain silly. The unlucky task of poring through decades … Read more

VLT easter eggs

Everyone likes easter eggs, hidden features in video games, DVDs, etc. Usually they are not that impressive–you can unlock hidden commentary or an alternate costume in fighting games. But an article in Canada’s National Post says that video lottery terminals also have easter eggs that can be exploited: As the middle-aged mother from Illinois plunked … Read more

Casino blocking monument?

We’ve all heard that new casino construction “destroys history,” and regular readers know that a casino company tore down my high school. As Perry White might say, “Great Caesar’s ghost!” But here’s a story where potential casino construction is preventing the erection of piece of monumental architecture. From the Desert Dispatch: The plan to build … Read more

Slots, urban design, and destination dreams

Philly Inquirer architecture critic Inga Saffron doesn’t think much of the recently-passed slot bill. From Philly.com (reg. required): The legalization of slot machines in Pennsylvania was sold to the public as a form of tax relief, although tax redistribution strikes me as a better term. Harrisburg will use part of the money deposited in the … Read more