Showing posts with label george maloof. Show all posts
Showing posts with label george maloof. Show all posts

Thursday, June 30, 2011

The Show is UP: Ex-Harrah's CEO Phil Satre

New show, turned around really quick! Bill Harrah died 33 years ago today, so this is good timing. Enjoy. Click on the date below to play or right-click to save the show. Or you subscribe -- for free -- in iTunes or Zune and you'll always get it first. -sf

June 29: Phil Satre Is Not Harrahfied

This fall will be the 100th anniversary of the birth of William Harrah, the man whose name is on more casinos in the world than any other. His former company, which recently changed its name to Caesars Entertainment, has very little planned outside of some promotions at the original Harrah’s resort in Reno, but we decided he deserved a little more attention than that. Harrah died 33 years ago tomorrow at the age of 66, so Steve spoke with his successor, Phil Satre, who helmed Harrah’s for 21 years and is responsible for spreading that name around the world. Satre, who left Harrah’s in 2005 and is now the chairman of the board of IGT, talks about the quirks and visions that made the man what he was and then explains several decisions made in the 1980s and 1990s including the choice for the company to never build any new hotel-casinos in Las Vegas. Also, Steve introduces Satre to the term “Harrah-fy” and asks Satre whether he feels he degraded the quality of the resorts he acquired.

In Banter: Octavius, Plaza, Bellagio, Maloof, Hilton and an aquarium-related Vegas-set reality show.

Open & Banter: Start to 25ish
Phil Satre Part I: 26-58ish
Trivia/Poll/Letters: 58ish-1:06
Phil Satre Part II: 1:07-1:48ish
TSTToTW: 1:48-end

Links to stuff discussed:

A news report on the Plaza and the stuff they bought F-Blew
See pix of apparent Bellagio room redesign and hear Chuck and others pan it on the latest Vegas Gang show
VegasHappensHere with Flickr slideshow of Octavius Tower VIP suite and bathroom
Oprah on the toilets at the fancy Caesars Palace suites
Peter Greenberg Radio Show, which Steve is on on July 2
Hilton and Hilton Worldwide in conflict over franchise
Electric Daisy succeeded, says Las Vegas Weekly
Steve’s column on why Las Vegas missed the financial boat on gay marriage
Brian Greenspun’s column on the honorable, now-2% Palms owner George Maloof
The brief on TANKED on Animal Planet
The Sunbelt Car Collection can be seen, according to our TSTTotW from Sept. 25, 2009

Thursday, February 25, 2010

Maloof: "They're Not Going To Take Over My Company"

I just hung up with George Maloof, who cast doubt on the Financial Times' report that Harrah's has been buying up Palms debt by saying, flat-out: "They're not going to take over my company. It’s so far remote."

Maloof refused to get into any more specifics, repeatedly saying that they're a private company and that they never commented on their financials. I asked whether the Palms had taken a hit during the recession and he answered: "We haven’t been immune to it but we’re doing much better. 2009 was tough for everyone. We’ve been doing much better."

It took a few attempts to get him to react to the FT.com report by Jon Berke and Andrew Ragsly before he finally gave me that quote. Then we had this exchange:

Maloof: Have you tried talking to [Harrah's]?

Me: Yeah, they're not commenting.

Maloof: Yeah, so maybe it’s not true.

And, in fact, not even some of my best Harrah's sources, people who know when Celine Dion has a bowel movement, have any knowledge of any new takeover effort. So it's unclear on that side of things. And it seems similarly clear that the Maloof family is not planning to sell out or default anytime soon.

Monday, February 22, 2010

Show is UP: The Presidential Podcast

It's quite a presidential week here in Vegas, so the podcast reflects that with a fascinating chat with Bellagio pianist David Osborne as well as a brief, strangely contentious one with our old pal George Maloof. Fun stuff. Click on the date below to make it play or right-click to save it and listen at your leisure. You can subscribe, too, (it's free!) in iTunes or in Zune.

Feb. 15: A Presidential Podcast



What’s it like to host the president in your home? What’s it like to play the piano for the president at his home, that big white mansion in Washington D.C.? We’re about to answer both those questions, Vegas style. Palms owner George Maloof explains how he came to know President Obama and describes the hoopla around hosting him Thursday night for a Democratic fundraiser. Then Bellagio’s pianist David Osbourne talks about performing for six U.S. presidents including the last three at the White House. And while presidents are interesting, Osbourne’s story about the last vice president, Dick Cheney, is particularly bizarre.

In Banter: Harrah's gets P-Ho, Vegas gets Obama love, CityCenter does NOT get Obama love, another Lake Las Vegas closure, Chinese New Year is fun, the Viva Elvis party was not fun and why red ketchup is the new blue tape.

Links to stuff discussed:

Guest host Amy and Bay’s podcast, Grits to Glitz
David Osborne’s website where you can buy his music
YouTube channel for David Osborne work
Planet Hollywood is now part of Harrah's
The R-J’s piece on Robert Earl’s future
A photo of the psychadelic-looking Beijing Noodle No. 9
Articles about Casino Montelago, Hawaiian Tropic, Steve Wyrick and Krave problems
Greenspun v Station Casinos, per the Wall Street Journal
VegasMate, the iPhone app, from RateVegas.Com
Steve’s column about his VegasMate experience
The AP on the proposed McCarran liquor store plan
Steve’s AOLNews.Com and blog post on Chinese New Year
A summary of Viva Elvis reviews and Steve’s review
The classic shot of Gene Simmons pawing Amy’s hair
Steve’s AOLNews.Com piece on Obama’s visit and VegasHappensHere.Com posts on the Bellagio suite and Murren’s hopes

Saturday, February 20, 2010

The Strip and Petcast are live TODAY

We're live 4-6 pm PT at LVrocks.Com for recordings of The Strip and The Petcast. First, it's an hour of the Petcast including, from 4:30-5 pm PT, a pigeon expert in the studio with some pigeons.

Then, 5-6 pm PT, it's a very presidential episode of The Strip featuring Palms owner George Maloof talking about what it was like to host President Obama's $30,000-a-head DNC fundraiser at his home on Thursday night and then Bellagio pianist David Osbourne telling some fantastic tales about playing for six U.S. presidents including for the past three at the White House. Amy will be guest-hosting because Miles will be driving to Carson City on assignment.

Join us live at LVRocks.Com from 4-5 pm for The Petcast and 5-6 pm for The Strip. Listen and chat with other fans. Or wait for the podcasts. Your call.

Friday, February 19, 2010

An Obama-Elvis Friday

Here we go... At green valley high. Obama due in an hour. on Twitpic

As you can see, I'm at Green Valley High School awaiting the arrival of President Obama. Fun tidbit: This is the same gymnasium where then-Sen. Hillary Clinton made her first stump speech for candidate Obama after he vanquished her in 2008.

I'll be pretty busy today, obviously. I've got to get from GVHS to Aria for Obama's second speech, then file for AOLNews.Com, then tape Nevada Week in Review at 6:30 p.m. before returning to Aria for the premiere and party for Viva Elvis. In other words, I've got two events at Aria today and odds are I'll be late for both.

I'll be Tweeting throughout the day, and you can follow that either via this link or in the upper left column on this blogsite.

OH! Also - tomorrow's episode of The Strip will be presidential-minded as well. We're expecting to have an interview with Palms owner George Maloof on hosting the $30,000-a-person Obama fundraiser on Thursday night and then a totally fascinating chat with David Osbourne, the Bellagio pianist who has played for six presidents including, at the White House, for Obama, Bush and Clinton.

Join us live online and listen/chat at LVROCKS.Com at 5 pm PT Saturday. Amy will be subbing for Carson City-bound Miles, off to cover a special session of the Nevada Legislature.

Wednesday, December 23, 2009

When Gaming Execs Can't STFU

Here's this week's LVW col, which avid readers of this space recall from its draft form two days ago when it was posted for a couple of hours before I decided to expand it into a full column. Enjoy! -sf

Casino execs: Why all the hatin'?
Vegas collegiality only seems to work in times of plenty

By STEVE FRIESS

"There is an unwritten rule within the gaming industry: Don't disrupt another casino operator's grand opening."

Review-Journal gaming scribe Howard Stutz's Sunday column about the decision by Boyd Gaming to issue its Station counter-offer on Aria’s opening day contained this hilarious line. It’s not hilarious because Stutz is wrong. He’s totally right. It’s hilarious because he wrote about Boyd’s untoward acts of last week, when he easily could have been talking about Sheldon Adelson, Donald Trump, Phil Ruffin, Steve Wynn or even George Maloof.

As Stutz wrote, Boyd did themselves no favors dropping a bomb that would've been front-page news on a normal day last week. But at least Boyd didn't try to steal the spotlight the same way Adelson, Trump and Ruffin did. Consider:

* Adelson gave his onceish-a-year in-depth interview to Forbes' Matthew Miller on Aria's Opening Day. It's a fascinating exchange in which Adelson goes on about how important his Forbes billionaire's list ranking is in a manner I've never heard any mogul speak. And as for CityCenter? "Even though there is a lot of publicity about it, I haven't heard anyone who's seen it tell me it is going to be a winner. They have no strategy. They have no obvious plan. If they try to compete in the travel and tour business, they will cannibalize all their other properties, like the Bellagio. They don't have a convention space big enough to make an impact. So they built it without a strategy. How ill-advisable is that?"

* Trump: He went on "Larry King Live" on Aria Eve to declare CityCenter ugly, "an absolute catastrophe." Norm Clarke of the R-J theorized that Trump was reacting to MGM Mirage CEO Jim Murren's remark to me for my L.A. Weekly opus that the Trump tower in Vegas is hardly prime-time stuff. Either way, MGM Mirage spokesman Alan Feldman had probably the most hilarious comeback of the year, telling Norm of Trump, "I can hardly imagine anyone's opinion that matters less than his." That didn't sit well with Trump, who couldn't bear to give his competitor the last word. He dashed off a hand-written note to Norm, who published it on Saturday, that read: "The CityCenter is architecturally unappealing -- It will be the biggest bust in the history of real estate -- good concept but badly designed and really badly executed. Too bad."

* Ruffin: The owner of the Treasure Island is painted in another Forbes piece out this weekend as something of a savior of CityCenter for buying the resort from MGM Mirage when they were desperate for cash. Ruffin's happy to play that role, sure, but then he drops this completely buried bomb: "They have so many billions of dollars of debt on that project. They are going to have to make so much money every month just to service that debt. That's going to force the MGM guys to go through a lot of pain again, and they'll have to renegotiate their debt but probably also sell off another property or two. I've got at least $500 million in cash and loans I haven't drawn down. And I'd love to own the Bellagio or Mandalay Bay." Shame, really, that he's putting Gilley's in the TI when it would've been so great where the underperforming Conservatory is, you know? But maybe he could get Cirque du Soleil to give him a "Cold Beer, Dirty Girls"-themed show for Mandalay Bay?

Read the rest at LasVegasWeekly.Com

Thursday, April 30, 2009

This Week's Col: How Top Chef Can Save Vegas

Here's this week's "Strip Sense" column. Eat it up. -sf

Now we're cooking
Top Chef is filming its latest season in Vegas -- could it be the answer to our prayers?
By STEVE FRIESS

We’ve been waiting for a lifeline. The obituaries are being written, and, unless you’re Oscar B. Goodman or Pollyanna or someone allergic to statistics, they hardly seem premature. Las Vegas is drowning in debt and red ink, our houses are rapidly approaching worthless, our unemployment rate is speeding toward a record, our casinos are echo chambers, and our taxes are, regardless of what the Review-Journal thinks, going up. Pretty soon the obits are going to become autopsies.

Something needs to change. Something big. Something game-changing. And late last week, that wished-for antidote may have arrived.

Top Chef began filming Season 6 in Las Vegas on Monday. This could easily be the start of the recovery.

Stop. Hear me out. It’s not as ridiculous as it sounds.

Remember how seminal that 2002 season of MTV’s The Real World at the Palms turned out to be, not just for George Maloof’s nascent themeless off-Strip resort but also for kicking off the What Happens Here Stays Here Decade? Remember how watching those silly characters cavort and mate in that fantastical suite imprinted upon a generation the impression of Vegas as the coolest, most creative place on the planet to party?

Yes, one phenomenally successful TV show did all that. And it could happen again.

Read the rest at LasVegasWeekly.Com.

Monday, August 18, 2008

Palooza Pix and Stuff


It was a crazy, wild, fantastically exciting experience and even for me, a challenge to put into words. Thanks go out to the Palms and my podcaster colleagues as well as to Vegas.Com, Huntington Press and the LVCVA for the donated swag we gave away.

And since I've really got to tear out of here, I figured for the moment, I'd leave y'all with photos and such to peruse. Anyone out there who has more and/or better images, please send them to me?

Sparky of Las Vegas shot some great photos, including the one above, and they can be found here. This one below is my favorite, representing how I get, uh, animated. This is from the Q-and-A after the three shows did their thing, so that's Hunter Hillegas from RateVegas.Com to the left (whom I affectionately liken to a pre-suicidal Owen Wilson), Tim and Michele Dressen of Five Hundy By Midnight, and then me and Miles.


Hunter has more than 100 images that can be found here.

Also, Sparky took some video but the only part that came out was the Vegas Gang's panel discussion with George Maloof. You can watch that here or on the image below. It's about 20 minutes long. I know that Hunter will post the audio of this discussion, which may be of better quality because it'll be coming direct from the sound board, soon.


We have video and audio of "The Strip" and the Q-and-A and I'll be finding ways to get that up and into our feed in coming days. Right now I've gotta run. Bill Clinton is speaking in Vegas tonight and I've gotta figure out what I need to do about it.

Thursday, April 3, 2008

The Troubles With Christina

Here's this week's Las Vegas Weekly column, the first of two about Christina Binkley's "Winner Takes All." Next week, I'll report reaction to the book from the likes of Steve Wynn, Sheldon Adelson and Terry Lanni. Read my USA Today review here.


April 2, 2008
The Strip Sense: Gaffe Factory
Noted WSJ writer nearly sinks book on Las Vegas through factual errors

by Steve Friess

A few days ago, USA Today published my review of the new book by Wall Street Journal columnist Christina Binkley on Vegas moguls. In it, I explained why I enjoyed reading Winner Takes All despite its enormous flaws, that Binkley almost despite her own sloppiness managed to render an intriguing and entertaining inside look at the past two decades of Vegas development.

In the context of a book review, though, it isn’t possible to delve into the really important factual problems presented in this effort. Longtime Las Vegans might be interested in the laundry list of mistakes I’ve been accumulating ever since I obtained a preview copy back in December.

But first, why be so intense about analyzing one of a zillion books due to appear about Las Vegas this year? Because Christina Binkley isn’t any ol’ author. She is arguably the most important national journalist ever to pay serious attention to Las Vegas. Before she took on the gaming beat in the late 1990s, the topic was—and still is at most national publications—viewed as an adjunct to the hospitality beat. That’s progress; for a long, long time it was just part of the Mafia beat.

So this book is her doctoral dissertation now that she’s moved on to become a columnist. And yet it’s rife with factual mistakes.

The accuracy problems begin with her clichéd title. One of the things we all know about Vegas is that there is never one winner who takes all. There’s always more, or else there would be no Elad, Station, Maloof, Landry’s, Tamares, Marnell.

But that may be seen as a subjective complaint. The following aren’t. Binkley ...


READ THE REST HERE

Friday, May 11, 2007

Palms Marquee: "Free Paris"

Miles text-messaged me to let me know there's a marquee at the Palms, where Paris Hilton loves to chill with her pals and owner George Maloof, that reads: "Free Paris."

Will get a photo for the blog later today when I'm on that side of town.

Reminds me a little of the folks who wrote "Free OJ" in masking tape on the top of their mortar boards at my graduation in June 1994 from Northwestern, the morning after the famed OJ car chase.