BET ON TYSON TO SELF DESTRUCT! Although the fight is beginning to take on the look of a WWF side show, the Mike Tyson-Lennox Lewis fight offers the usual betting props: Lewis to win (—200), Tyson to win (+170), Lewis by knockout (5-8), Tyson by knockout (2-1), well, you get the picture.
For me, I’m putting my money on Tyson to self destruct! Bet shop guru Art Manteris over at Station Casinos has posted an interesting ”” and potentially lucrative! ”” proposition bet: Will the fight end in a disqualification or declared no contest? If you think it won’t, you lay a whopping —1000. But if you think it could end in a no decision, you’d get a healthy +700. That’s where you’ll find my money. After all, why should Tyson suddenly behave differently than his checkered past indicates? Remember, the Nevada Athletic Commission denied Tyson a license to fight here. Their decision will be vindicated when Tyson goes completely berserk and the fight is stopped.
REVVING UP AT LE REVE ”” Steve Wynn is punching up Le Reve with plans for a Ferrari showroom, sources tell GamingToday. The Italian automaker has no dealerships in Las Vegas, which is a major pain in the posterior for a growing cadre of Ferrari aficionados who must take their cars out of state for authorized service. While Wynn won’t have a service bay on site ”” too unsightly! ”” our pipes tell us that Le Reve will sport a high-octane showroom replete with accessories and Fila-branded sportswear. High-rollers, start your engines!
THE DON’T SHOW ME STATE! A bill to allow expanded horse racing in Missouri failed by a nose last week when lawmakers would not amend a current law that allows simulcast betting, but only for as many days as a track holds live horse racing.
The new measure would have allowed simulcast wagering year-round. Opponents said Missouri already has enough gambling in the form of riverboat casinos on the Missouri and Mississippi rivers.
GROWING BIGGER AND BETTER! Greektown Casino in Detroit will spend about $375 million on an expansion program that will include a 400-room hotel, 1,000-square foot theater and 65,500 square feet of convention space. Plans call for the casino to expand on four blocks totaling 8.5 acres at and near its downtown location.
LE REVE REVISITED: IS IT A DREAM OR A MIRAGE: That’s what a caller asked last week when Steve Wynn failed to follow up his announcement on CNBC that he planned to hold the ground breaking on Le Reve, his $1.6 billion gaming destination resort on the site of the former Desert Inn on the north end of the Las Vegas Strip.
In fact, "Power Lunch" host Bill Griffeth had expected Wynn to hold the groundbreaking during the CNBC show. When Wynn said he would hold the event later in the week, Griffeth even prodded that if Wynn were to get a shovel it could happen during the interview.
Wynn’s failure to meet deadlines relative to Le Reve’s construction and its financing has become the norm rather than the exception. Ever since announcing the project, "The Magic Man" has been unable to meet the deadline he has announced for himself.
A DROP IN THE STERLING BUCKET: An Australian magazine reports that media and gaming baron Kerry Packer remains the country’s richest man, even though he somehow squandered $600 million over the past three years. His personal net worth was estimated at $5.9 billion. Well-known in Las Vegas casinos, Packer has been known to gamble millions of dollars during a visit, but it’s not likely places like Bellagio and MGM Grand clipped the media magnate for that kind of dough. Incidentally, the magazine also notes that Nicole Kidman at age 34 is the youngest woman on the list, with an estimated worth of $112 million. Here’s hoping she got a chunk of that from her philandering ex, Tom Cruise.
WAS THE CAT LET OUT OF THE BAG? During the Mid-Atlantic Gaming Congress in Atlantic City last week, a local politician may have let the cat out of the bag on the opening day for The Borgata, the $1.13 billion destination resort now under construction.
Whenever Bob Boughner, the Boyd Gaming executive who has been designated CEO of the project has been asked for a specific opening for the new casino, he has generalized by responding, "Summer of 2003."
But, N.J. Sen. William Gormley, who represents Atlantic City in the state senate was addressing the Congress, he announced that The Borgata would open "next Memorial Day."
MUST BE AN EGO THING FOR SOL: Things have really changed for Sun International Hotels Ltd. (SIH), the public company that owns and operates the Atlantis Hotel/Casino on Paradise Island in Nassau. When the company first sought licensing in New Jersey as the owners of The Resorts Hotel/Casino, Sol Kerzner walked on eggshells for fear that his licensing problems in Africa would affect his N.J. status.
Now that Sun International has sold its N.J. facility and really has no current operations in the U.S., Kerzner has proposed to change the name of his company to Kerzner International Ltd. If approved by the stockholders, the new name will become effective on July1 and it will trade on the New York Stock Exchange under the symbol KZL.