Citycenter Blogs & Blog Posts

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  • Adieu F-bleau, hello Hollywood? by Stiffs & Georges on Oct 26, 2009

    Look what just fell into the S&G mailbag: Beginning January 1, 2010 Penn National Gaming will partner with RPM Advertising to develop and execute a brand identity for Hollywood Casinos.  The full service assignment will incorporate research...

  • MGM: CityCenter worth $4.88 billion by Stiffs & Georges on Oct 20, 2009

    MGM Mirage has announced that it's writing off approximately $1.3 billion (i.e., taking an "impairment charge") against CityCenter, with $348 million of that chalked up to falling real estate values. (Some $174 million of that will apparent...

  • A deal @ Vdara by Stiffs & Georges on Oct 19, 2009

    Just as I said, CityCenter is becoming the mid-market epicenter of Las Vegas. Today's mailbag yielded a $129/night offer for Vdara, plus $50 in amenity credits -- more evidence of the downward pressure CityCenter is exerting on the Strip. But anythin...

  • Aria drives prices ... down by Stiffs & Georges on Oct 16, 2009

    Contrary to repeated assertions by J.P. Morgan, it would appear that MGM Mirage is putting out promotional specials for Bellagio ... and very aggressively so. Note however, that Steve Wynn's masterpiece is maintaining its price point and Aria is the...

  • Night of the living dead by Stiffs & Georges on Oct 15, 2009

    Will the last person leaving the Riviera please take down the Charo in Concert, Abra-ca-Sexy! and Tom Stevens posters? Everything about last night's visit to the casino suggested a business that's died but doesn't realize it. Not that it helps to be...

  • Why does Steve Wynn hate America? by Stiffs & Georges on Oct 13, 2009

    Or maybe the question should be, What was Steve Wynn smoking before he CNBC "Money Honey" Maria Bartiromo that Wynn Macau was making more than all other 30 Macao casinos combined? Perhaps he meant his joint is the single-highest-grossing ca...

  • Leaving Las Vegas by Stiffs & Georges on Oct 13, 2009

    At least 28,000 have done so over the two years-plus (probably more when you allow for the people still moving here). What are the likely consequences of Las Vegas' pegging its future on a one-trick economy? And is it going to be like one of those Ru...

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