March 26, 2010

Hard Rock Considers Boutique Style Atlantic City Casino

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With New Jersey saying it will downsize the requirements from 60,000 square feet for a casino to 20,000 feet and also the number of hotel rooms a casiono needs to have, Hard Rock International said it's considering building a casino hotel in Atlantic City with Och- Ziff Real Estate after a New Jersey lawmaker proposed allowing smaller developments at the seaside resort.

The first phase of the Hard Rock Hotel & Casino would cost about $300 million, excluding land, and be located at the beachfront at the intersection of Albany Avenue and the Boardwalk, the company said today in a statement.

Via BusinessWeek

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March 19, 2010

MGM Mirage Stock Drops After Big Increase On Tuesday - Casino Stocks

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We just don't follow casino stock prices that much, but it looks like the MGM Mirage was one of the US-based gaming companies that had their stock jump on Tuesday after word on the future of the Macau casino industry was announced. That bump, however, was short lived, as MGM stock dropped slightly yesterday. Huh? Well - it sounds like speculation drove it, and then some people took back that small jump. If you want our advice on gambling or selling and buying stocks - make sure you take your BUMP and get up from the table occasionally.

Via New Online Casinos

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March 12, 2010

Aqueduct Racino deal is officially dead in New York

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New York state has officially pulled the plug on a controversial group chosen to run a planned racino at Aqueduct Racetrack. We're pretty sure you could just pull the plug on any casino project if you call it a racino. Racino? We get it but do we have to? Just call it a casino at a former race track or a race track with a casino please.

"The Division of the Lottery has concluded that it cannot issue a gaming license to Aqueduct Entertainment Group," Gov. Paterson's administration said in a statement.

"Therefore, the state has officially withdrawn its support for AEG to develop and operate a video lottery" slots parlor at the racetrack.

More at New York Daily News

Jay Brewer Permalink | Comments (0) | social bookmarking

March 5, 2010

The City Beneath Las Vegas - Life in the Las Vegas Tunnels

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We've covered this before, but Austin Hargrave has captured a ton of really amazing pictures of this dark and screwed up world. You'd think with all the money this wouldn't happen in Las Vegas - a city with enough temptations to make even one week in it tiring for mind, body, and soul. Despite that exhausting nature though, some crave to be there—even if forced to live underneath it all.

More pictures at Life Beneath the Epitome of Sin

Jay Brewer Permalink | Comments (0) | social bookmarking
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