Ok fuckers. Its sports betting time. Anyone you who knows knows I think we need sports betting in Atlantic City. Times are tough and they are about to get tougher. In my last blog I begged Steve Wynn to come back to Atlantic City and he has yet to return my call. Now for plan B.
Sports betting is federally against the law. A few years back Atlantic City had a last chance to pass it before the federal law took hold. Bill Bradley whore for professional sports and the mafia made sure it didn't pass. I hope he dies.
Since then the Internet has made legitimate billionaires out of former mobsters. Betting on sports is easier then opening a bank account. But oh no you cant do it in Atlantic City, what about the children. Well the children aren't going to be able to eat unless Atlantic City stops the bleeding.
Last week, surprise surprise, Curtis Bashaw announced that his and Wally Barr's billion dollar project is shelved due to financing. Duh Without a shot in the arm this town is fucked. Be glass is half full all you want. Last time we saw a problem like this was the early 90s. Then there was only Foxwoods to contend with and even they were tiny at the time. Now its Philly, New York, West Virginia, Delaware. Wake up assholes. Sports betting now or AC will look like in did in the winter on 1975 by this time in 2010.
AJ OUT
Monday, November 24, 2008
Monday, November 10, 2008
Steve Wynn - AC Superhero or Savior?
October was another shitty month in Atlantic City. 10 percent off from last year. Considering auto sales were way off from even that number maybe gambling is recession proof. LOL/
The Water Club at Borgata is not doing nearly the business that Boyd had expected. Their stock price is at 1/4 of what it was when the Borgata opened 5 years ago and only a fraction of the stocks high point. This has put some of the executives on the hot seat. Which is bullshit. Larry Mullin is the best casino executive this town has produced since Peter Boynton left town in 1995.
Pinnacle has put their Atlantic City project on hold indefinitely. I told you that 6 months ago. MGM has put their Atlantic City project on hold. Its the early 1990s all over again. For almost a decade Atlantic City was deluged with sketches of the next big thing. Then somehow it would go down the shitter.
I remember specifically having breakfast with my father reading about The Quarter to be built at the Tropicana. We laughed hysterically because at the time it had seemed so far fetched. The tunnel was supposed to bring Atlantic City 3 new casinos. The crown jewel of which was the return to Atlantic City of Steve Wynn. That never happened. We only got the Borgata.
Its deja vu all over again. We need Steve Wynn to start buying in AC on the cheap. We know that he has problems of his own in Maccau and Las Vegas, but those towns dont adore Mr Wynn like AC does. Lets throw him a birthday party and get him to buy Bader Field for $5. He'll turn around and sell it to someone else for 10 billion, but it will rejuvenate Atlantic City.
Not to get off on a rant or anything.
AJ - Out
The Water Club at Borgata is not doing nearly the business that Boyd had expected. Their stock price is at 1/4 of what it was when the Borgata opened 5 years ago and only a fraction of the stocks high point. This has put some of the executives on the hot seat. Which is bullshit. Larry Mullin is the best casino executive this town has produced since Peter Boynton left town in 1995.
Pinnacle has put their Atlantic City project on hold indefinitely. I told you that 6 months ago. MGM has put their Atlantic City project on hold. Its the early 1990s all over again. For almost a decade Atlantic City was deluged with sketches of the next big thing. Then somehow it would go down the shitter.
I remember specifically having breakfast with my father reading about The Quarter to be built at the Tropicana. We laughed hysterically because at the time it had seemed so far fetched. The tunnel was supposed to bring Atlantic City 3 new casinos. The crown jewel of which was the return to Atlantic City of Steve Wynn. That never happened. We only got the Borgata.
Its deja vu all over again. We need Steve Wynn to start buying in AC on the cheap. We know that he has problems of his own in Maccau and Las Vegas, but those towns dont adore Mr Wynn like AC does. Lets throw him a birthday party and get him to buy Bader Field for $5. He'll turn around and sell it to someone else for 10 billion, but it will rejuvenate Atlantic City.
Not to get off on a rant or anything.
AJ - Out
Sunday, November 2, 2008
How the Phillies made me sad.
For the love of god only the Phillies could figure out a way to keep us biting our nails for 3 days. How about that? Its been 25 years since Philly fans have been able to pund their chest and claim to be World Champions. We here in the Atlantic City area support for the most part Philadelphia teams.
FU Joe Carter
Mitch Williams You are off the hook.
I do feel good about this on most levels. This doesn't totally make up for the ridiculously treachery of the NBA in the 2001 NBA finals where the Sixers should have been up 2-0 on the "unstoppable" Los Angeles Lakers. Or Donovan McNabb hurling in the fourth quarter of the superbowl.
I guess it is as good as time as any to admit that baseball was ruined for me forever in 1994 with the strike. Baseball had been my favorite sport as a child and I lived and died with the Philles. Once trying a round trip 1000 miles to watch the 1993 NLCS in person. But the strike killed me.
I have been a Phillies fan longer than I have been an fan of anything in my life. However I just wasn't as elated with their victory as I would had the Sixers or Eagles taken home the crown and danced down Board St.
Am I alone in this?
FU Joe Carter
Mitch Williams You are off the hook.
I do feel good about this on most levels. This doesn't totally make up for the ridiculously treachery of the NBA in the 2001 NBA finals where the Sixers should have been up 2-0 on the "unstoppable" Los Angeles Lakers. Or Donovan McNabb hurling in the fourth quarter of the superbowl.
I guess it is as good as time as any to admit that baseball was ruined for me forever in 1994 with the strike. Baseball had been my favorite sport as a child and I lived and died with the Philles. Once trying a round trip 1000 miles to watch the 1993 NLCS in person. But the strike killed me.
I have been a Phillies fan longer than I have been an fan of anything in my life. However I just wasn't as elated with their victory as I would had the Sixers or Eagles taken home the crown and danced down Board St.
Am I alone in this?
Subscribe to:
Posts (Atom)