The final dash to buy the Aladdin may be turning into a one-man race.
Scuttlebutt suggests Financial Capital Investment Co., the late entry that plans
an Asia-themed casino, is finding capital sources clamming up, or at least
proving hard to pry open. That could leave Robert Earl's Planet Hollywood group
alone in the starting gate, unless a last-minute racer saddles up, and there
aren't any signs of that yet.
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Up north of the border in Vancouver, British Columbia, an international
gaming conference has convened, bringing together all the best and the
brightest, and what's the No. 1 topic of conversation around the water coolers?
It's problem gaming and whether there's a lawsuit filed yet that'll prove to be
the tobacco case of gaming. The fear is that the suit exists and it could spell
even bigger trouble for gaming than cigarette litigation was for tobacco
companies.
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Commuters here are getting bombarded with electronic ads to lure gamblers to
Barona Ranch Casino in San Diego. Sadly, however, the campaign makes no sense at
first blush. Come to the beach, but Barona is 45 minutes from the Pacific Ocean.
And come play our links, but golf abounds in Las Vegas. Ad execs tell us the
casino claims $1 million a month in summertime from Las Vegans, so maybe with
that much at stake, anything is worth a try.
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Signs seem to show, some even locally, that the panic over severe acute
respiratory syndrome may be subsiding. Wynn Resorts' Steve Wynn recalled all
expatriates working at his upcoming resort in Macau off the coast of mainland
China when the possible pandemic broke out. Now we hear Matt Maddox, Seth Schorr
and the rest of the crew are being sent back. Idle hands no doubt make idle
minds and personnel on site can bring projects in faster.
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Talk about marketing to baby boomers. The biggest winner for casino managers
last year was the new "Beverly Hillbillies" slot machine from International Game
Technology. Does anyone really believe Jethro and Ellie Mae make it for the hip
young singles crowd? Coming attraction: "M*A*S*H," featuring the Korean conflict
medics from 1970s TV series. Next, we can just imagine a game featuring the
"CSI" morgue. Gaming executives say the concepts are driving casino business,
especially, it seems, for baby boomers.
The Inside Gaming column is compiled by Gaming Wire Editor Rod Smith. You can
contact him by phone at (702) 477-3893, fax (702) 387-5243 or e-mail at rsmith@reviewjournal.com.
Gaming Wire writer Jeff Simpson contributed to this week's column.