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  • Planet Hollywood offers innovative block of 10 nights for $599

    Posted on November 16th, 2009 LVE No comments
    photo by flipchip • lasvegasvegas.com
    Planet Hollywood Las Vegas
    Shop the Miracle Mile shops at Planet Hollywood Las Vegas


    Planet Hollywood, which by the way is currently hurting for revenue as its lenders are now controlling the property, is selling a new kind of hotel offer for their 2,500+ rooms.

    Purchase the Phanatic Pass for $599, and you'll get 10 nights, but those nights do not have to be consecutive or used all at once You can use any number of them anytime between now and March 15, 2010.

    Even better, there are no blackout dates, so you can book for weekends such as New Year's Eve and the Super Bowl. Try finding a room on the Las Vegas Strip for less than $200, not to mention $60 that the average rate comes to. By New Year's, PH's across-the-street-neighbor CityCenter will be open, competing for the same customers.

    The Phanatic Pass also comes with one free bottle of liquor of your choice.

    The hotel-casino is counting on the upfront payment but also that you probably won't actually use all 10 nights.

    Planet Hollywood's debt of $870 million was paid down by Harrah's, and it's rumored that Harrah's is interested in taking over the property, which is right next to Harrah's-owned casinos Bally's and Paris.

  • Free buffet at Venetian Deep Stack tournaments

    Posted on November 16th, 2009 LVE No comments
    photo by flipchip • lasvegasvegas.com
    Venetian Resort
    Deep Stack Extravaganza plays on in the Venetian's elegant poker room


    The Venetian Deep Stack Tournament IV continues through Nov. 25.

    And now, all tournament players in the Deep Stack Extravaganza will get access to a free buffet. That's pretty impressive, as The Venetian doesn't have a regular buffet. Chow down between 11 a.m. and 1 p.m., and show your tournament entry receipt.

    Remaining no-limit tourneys (all begin at noon):

    Tuesday, 11/17 $340
    Wednesday, 11/18 $340
    Thursday, 11/19 $340
    Friday, 11/20 $340
    Saturday, 11/21 $550
    Sunday, 11/22 $275 (super satellite)
    Monday, 11/23 $2500 (main event, day 1)
    Tuesday, 11/24 $2500 (main event, day 2)
    Wednesday, 11/25 $2500 (main event, day 3)

    Sit-n-go satellites run throughout the day beginning at 8 a.m., with lammers awarded that can be used for any tournament, even for the next Deep Stack.

  • UPDATED: Third Quarter 2009 Financial Results: WYNN, BYD, HET, LVS, MGM, STN

    Posted on November 16th, 2009 LVE No comments

    I'm trying something a little different this quarter - a single thread to cover all gaming companies reporting.

    I will update this thread as other companies report.

    Wynn Resorts - Net Income: $34.2 million Revenue: $773.1 million
    * Wynn Las Vegas / Encore Las Vegas: ADR: $210 Occupancy: 83.9%
    * Wynn Macau: ADR: $263 Occupancy: 89.2%

    Boyd Gaming - Net Income: $6.3 million Revenue: $398.2 million
    The Echelon project will remain mothballed for three to five years.

    Harrah's Entertainment - Net Income: -$1.05 billion (loss) Revenue: $2.28 billion
    Harrah's is privately held.

    Las Vegas Sands - Net Income: -$123 million (loss) Revenue: $1.14 billion

    MGM Mirage - Net Income: -$750.4 million (loss) Revenue: $1.533 billion LV Sun

    Station Casinos - Net Income: -$455.4 million (loss) Revenue: $255.7 million. Station is privately held. http://www.lasvegassun.com/news/2009/nov/16/station-casinos-loss-widens-reorganization-costs/