Remember when you were a kid and all those TV shows took place in Dodge City, which was kind of the edge of the western frontier, where crooks and the law met?
Remember Matt Dillon and Chester and Miss Kitty.
And the gambling. Miss Kitty ran a casino, you know?
Now the state is running a casino in [...]
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Posted on March 4, 2010 by doclotto | Filed Under Casino, Culture, Stories, news
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Look, I know there is a recession out there. Believe me, I know. I’m living it myself.
But if you have some handy cash you might want to invest in casino stocks.
Keep in mind, I am NOT a stockbroker and I am NOT recommending any of the following stocks.
Buy at your own risk. But this stuff [...]
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Posted on January 14, 2010 by doclotto | Filed Under Casino, Culture, Stories, Strategy
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OK, so the big news is that revenues for U.S. casinos, combined, have declined by about 5 and a half percent.
That is a precipitous drop, I admit.
But casinos still took in almost $8 billion in revenues during the THIRD quarter alone.
It is cause for some concern amongst owners. While the economy seems to be getting [...]
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Posted on November 17, 2009 by doclotto | Filed Under Atlantic City, Casino, Stories
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I used to live in South Florida (around Palm Beach) so I was not at all surprised to hear about the latest goings on with the Fontainebleau group’s Las Vegas Casino property.
In fact, the group is about to auction off the Vegas property with a bid that literally amounts to pennies on the dollar. This, [...]
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Posted on October 7, 2009 by doclotto | Filed Under Casino, Las Vegas, Stories, news
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As if things in this economy weren’t bad enough….Atlantic City casinos seem to be caught in a perfect economic storm, with a deteriorating labor situation.
The New Jersey gambling mecca is suffering monthly double-digit losses on earnings, as the recession and competition have drained many customers, and the labor issue may drive even more operators [...]
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Posted on September 15, 2009 by doclotto | Filed Under Advice, Casino, Culture, Events, Games, Las Vegas, Stories, Tips
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