Mergers & Acquisitions

The Borg Assimilates Planet Hollywood

Effective tomorrow at noon, The Borg* will officially take over casino operations at Planet Hollywood, assimilating it completely into its own. Whatever could be next? The Las... » continue

Black Hills Booozehound and the Circus Circus of Doom (A Choose-Your-Own-Adventure Column)

This may come as a surprise to some of you, but I collect shot glasses from my journeys. I know! I'll give you... » continue

Uh Oh. Celine's Back?

Earlier today, Steve Friess, reposted this from the @ticketmaster Twitter feed. RT @Ticketmaster Are you a big Celine Dion fan? Watch our Twitter closely to hear... » continue

Stryper Guitarist To Marry Ex-Prostitute This Friday In Vegas

Stryper guitarist Oz Foz and his girlfriend, former Las Vegas prostitute Annie Lobert, will marry this Friday, June 5 at 7pm at The Church At... » continue

LATE SCRATCH : [TBA] Sold : MGM Shares Halted

MGM Mirage's stock was halted shortly after noon Pacific time today, fully in line with previous reports that today was "decision day" about their unloading... » continue

Suddenly... Clowns Become Cool Again

Introducing the new signature resort in the Wynn Collection, Stevus-Stevus. Ok, not quite... but the maestro himself says he's open to the idea if.... the price... » continue

Attack of The Revenge of The Living Dead Mirage Sale Rumors

According to the New York Post - one of the most reliable of business publications - Tuesday is decision day at MGM Mirage. The question:... » continue

Icahn Has Cheezburger?

Icahn has cheezburger? Or not. ... » continue

The Next Door To The Across The Street From Paris Hilton Hilton

Here's an interesting tidbit from the business side of things... Colony Capital - owners of the Las Vegas Hilton, holders of half of the bankrupt... » continue

Ruffin Takes Over TI, Installs Mechanical Bull

Chock* to the brim with cash from the vault, MGMMirage's armored cars have driven away, leaving the keys to the spiffy shiny brand new third... » continue

New Joint: Impecunia Station

From the airbrushed skies of casino promenades, let the Iraqi protestor sized torrent of 'other shoes dropping' commence. Locals casino operator Station Casinos (owners of Red... » continue

Venetian Parent Company Honcho Quits

For those who give a crap about the 'business side of things' Las Vegas Sands Corp's President and COO William Weidner has resigned effective immediately. It's... » continue

Plaza vs Plaza : Plaza Rejects Plaza's Offer

In the ongoing battle of Plaza vs Plaza the heads of both Plaza entities met at a hotel in Israel in an attempt to settle... » continue

MGM Mirage Sells Treasure Island to Phil Ruffin

MGM Mirage has sold TI Treasure Island to former New Frontier owner Phil Ruffin for $500M in cash + $225 in financing. It's not a surprise... » continue

Penthouse Corporate Boob Peeps Vegas Casino

Dear Penthouse, Hi, my name is Randy and this is the first time I've ever written to Penthouse Forum. I had an experience the... » continue

...Because 'Teen People' Was Taken

From the "kick em while there down department" comes this little nugget, via the Las Vegas Review Journal. The Cosmopolitan Hotel & Casino - the pile... » continue

Hard Rock Expansion Is Go!

The Hard Rock Hotel & Casino Las Vegas has secured $620M in financing to complete a major expansion. They've been clearing numerous structures from... » continue

Hooters Sale Hosed

Forbes is reporting that the proposed sale of the exquisite and delightfully tacky Hooters Hotel & Casino has gone "bust" (their words not ours). Hooters honchos... » continue

Crown Limited Bails From Milam's Wet (N Wild) Dream

Australian casino and publishing magnate James Packer - half of the brain trust that built one of the most exquisite casino hotel properties I've ever... » continue

Give That Man A Klondike Bar

The LVRJ is reporting that the jokers who own the pile of dirt formerly known as the Klondike Casino are having some problems raising capital... » continue

Cosmopolitan Project Foreclosed

It appears that the deepening vortex of recession has opened its jaws and swallowed the Cosmopolitan Resort & Casino which is sprouting forth on the... » continue

Binions Sale is Done Deal

TLC Casino Enterprises, owners of the Four Queens, winner of the 2007 Trippies Editors Choice for Best Grind Joint, has closed its purchase of the... » continue

Cosmopolitan Saved, But At A Price

Liz Benston at the Las Vegas Sun is reporting that Cosmopolitan Resort and Casino has been saved from foreclosure proceedings by its original investors, excluding... » continue

MGMMirage and Dubai World Close CityCenter Deal

Gaming monolith MGMMirage and Dubai World (a holding company that manages investment for the government of Dubai) have closed their 50/50 deal for CityCenter on... » continue

Binions Sold to Four Queens Ownership Group

MTR Gaming Group has sold Binions Hotel and Gambling Hall to TLC Casino Enterprises for about $32 million bucks. TLC Casino Enterprises owns the Four Queens... » continue

MGM Mirage to Partner On New Vegas Property - Kerkorian To Withdraw Bellagio CityCenter Offer

MGMMirage is in talks to develop a new resort on the Las Vegas Strip which will be designed by Kerzner International. According to the Wall Street... » continue

Penn National Gaming To Go Private

The march towards privatization by major casino operators continued yesterday with the announcement that Penn National Gaming - owners of four Argosy branded riverboat casinos,... » continue

Myriad Entertainment Buys 500 Acres Adjacent to Tunica Casino Row

This is a little follow up on the Myriad Entertainment plans for a $1.9 Billion Dollar Mega Resort in Tunica, Mississippi we reported on who... » continue

Kerkorian and MGM Mirage Hire Legal and Banking Teams to Explore Breakup

Capping this weeks exciting news of Kirk Kerkorian's play for MGMMirage's Bellagio and CityCenter properties, both parties have hired big gun legal and financial teams... » continue

Fontainebleau Sells a Billion Dollars Worth of Mortgage Notes

Yeah, this is quite esoteric for the casual Vegas tripper, but its still worth noting in the "coming soon to a Las Vegas near you... » continue

Kerkorian Trying To Buy Bellagio, CityCenter from Himself

Let us know if you can figure this one out. Kirk Kerkorian's Tracinda Corp, an investment arm of his monolitic empire is enterting talks... » continue

New Frontier Sold - Hello Project Plaza Center

It looks like Elad Group bought the New Frontier (finally). Here's the AP Report: Commercial real estate development firm Elad Group, which owns New York's... » continue

Riviera Sold (Maybe)

The Riviera Hotel & Casino in Las Vegas has long, long, long, muther frakking looooong been the subject of takeover rumors. It seems that... » continue

W Hotel Project Hosed, Cosmo Bids For Riviera

It looks like the big shiny Harmon Blvd. Corridor pipe dream has fizzled out with the announcement that the planned W Hotel has been scrapped.... » continue

Its Official: Tom Selleck to take over Montecito

As we had reported a month ago, Tom Selleck, aka Magnum PI, will be taking over the helm at the Montecito next season. Former... » continue

Sayonara Horizon Lake Tahoe, Ramada Express Laughlin, Columbia-Sussex Inc. - Hello Tropicana Resorts

Columbia Sussex, owners of Montbleu Lake Tahoe, Tropicana Atlantic City and Tropicana Las Vegas among other joints, has announced that they will rename their casino... » continue