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Jeff Simpson Gaming Guru - Page 2Jeff Simpson on the new Palazzo23 January 2008
Fireworks shoot from the roof of the Palazzo Resort during the grand opening of the $1.9 billion hotel-casino in Las Vegas, Nevada January 17, 2008. The Palazzo and Venetian (not in picture) complex represents the world's largest integrated destination resort, with 7,128 hotel rooms and 2.3 million square ... (read more)
Jeff Simpson looks ahead on the housing slump, resort openings and the gaming tax7 January 2008
LAS VEGAS, Nevada -- Last week's column focused on my 2008 predictions for the gaming business.
This week I'd like to focus on the outlook for the broader business community.
The housing slump and the accompanying spike in foreclosures have been the biggest personal finance story for more than a year, and I don't expect things to get much better this year, if they improve at all. ... (read more)
Jeff Simpson makes predictions about how the gaming industry will shake out in 20082 January 2008
LAS VEGAS, Nevada -- Although my crystal ball often ends up being about as transparent as a bowling ball, this week I'm going to look forward to likely casino industry developments in 2008.
Las Vegas Sands has scheduled its grand opening of Palazzo for Jan. 17, after a soft opening of some elements of the new resort took place Sunday. ... (read more)
Jeff Simpson agrees with New Jersey's decision not to renew the license of the Tropicana there17 December 2007
aves from Atlantic City might be felt in Vegas
I'll admit I was shocked by Wednesday's decision by the New Jersey Casino Control Commission to refuse to renew the license of the Tropicana Atlantic City.
But after reading the commission's opinion and order denying license renewal, I think New Jersey regulators made the right call. ... (read more)
Jeff Simpson says businesses that provide poor customer service are ripe for replacement by rivals10 December 2007
If there's one thing that really irks me as a consumer, it is lousy customer service.
When customer service providers waste my time, treat me rudely or are unable to help me, I think: "Here is a business that's ripe for a competitor." Businesses that invest in hiring great workers and then in training ... (read more)
Jeff Simpson sees hope in a broad-based business tax pushed by the head of MGM Mirage19 November 2007
I had a long talk Friday with MGM Mirage Chairman Terry Lanni, the day after he took his pitch for a broad-based business tax to the annual meeting of the Nevada Development Authority.
Lanni's speech to the NDA blasted gaming tax initiatives and government by initiative, but his most interesting remarks ... (read more)
Jeff Simpson lists some of the business stories that might have been eclipsed by O.J.14 November 2007
With much of the news media focusing last week on the ridiculous O.J. Simpson case, many folks might have missed a number of important business news developments.
And if the O.J. circus continues, valley residents might find it hard to avoid missing a few other big business stories expected to unfold this week. ... (read more)
Jeff Simpson on the past two winners of the World Series of Poker's main event29 October 2007
LAS VEGAS, Nevada -- A few weeks ago I viewed ESPN's telecast of the final table of the World Series of Poker championship event.
Harrah's Entertainment made an incredibly shrewd business decision in 2003 when it acquired the rights to the World Series of Poker, and the company has done a decent job with the event and its recognizable brand. ... (read more)
Jeff Simpson says casino bosses are right, but partly to blame for tax plan17 October 2007
Gaming's story hasn't sunk in
I've been talking to casino executives for the past month about the industry's lame efforts to head off initiative petitions that would raise the state's gaming tax, and one thing is clear.
The casino bosses are seething.
And they should be.
They are furious with those who would use the initiative process to raise taxes on one targeted industry. ... (read more)
Gaming's story hasn't sunk in15 October 2007
LAS VEGAS, Nevada -- I've been talking to casino executives for the past month about the industry's lame efforts to head off initiative petitions that would raise the state's gaming tax, and one thing is clear.
The casino bosses are seething.
And they should be.
They are furious with those who ... (read more)
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