Columnist
Jeff Simpson: MGM, Lanni Just Keep Growing
MGM Mirage Chairman and Chief
Executive Terry Lanni thinks big. The
state's biggest employer and taxpayer has four
huge projects on its plate, but Lanni and his
brain trust are already gameplanning the company's
next wave of development.
In a meeting
in Lanni's Bellagio office last week, he said
the company's commitment to growth is clear.
The $5 billion CityCenter project on the Boardwalk
casino site between Monte Carlo and Bellagio
is slated to open in mid-2009.
The
company's $1 billion-plus Macau casino is scheduled
to open in less than two years, and MGM Mirage
also is spending hundreds of millions to build
a permanent MGM Grand casino in Detroit and
to reconstruct its hurricane-damaged Beau Rivage
in Biloxi, Miss.
But
those four investments haven't stopped Lanni
and his senior executives from lining up additional
growth opportunities.
One,
in the Far East, is the company's bid to build
a casino in Singapore. Lanni believes MGM Mirage's
proven ability to provide top-flight entertainment,
convention, hotel and dining offerings would
allow it to leverage significant income in a
market expected to support those types of revenue
streams more than does the gambling-focused
action in Macau.
And
Lanni said the success of the company's 50-50
partnership with Boyd Gaming Corp. in the spectacularly
profitable Borgata megaresort has whetted MGM
Mirage's appetite for additional investment
in Atlantic City.
Although
he said it would be premature to say that the
company has made a firm decision to develop
its 55-acre site next to Borgata, Lanni said
MGM Mirage would probably decide by this time
next year whether to build a condominium, hotel,
retail and casino development on the choice
parcel.
"We're
going to develop there on our own; we're thinking
of a CityCenter East project," he said.
"A lot could be done on that property."
***
Times
change. A couple of years ago Nevada gaming
regulators' heads probably would have been spinning
over invitations the Palms sent out for a party
celebrating the grand opening of the Hardwood
Suite in the property's new Fantasy Tower, a
hotel suite with its own half basketball court,
locker room, personalized jerseys, a pool table
and a poker table.
And
optional cheerleaders.
The
invitations offer recipients seven satirical
lessons "On being a real baller,"
utilizing cartoon drawings.
Lesson
three, "The Ref," shows a player wearing
a jersey emblazoned with the name "Pimp
Dad" questioning a ref's traveling call.
"Don't
like his call?," the invitation reads.
"Knock him the f*** out. BAM. F*** him,
it's your suite." The second cartoon shows
a ref flat on his back with stars circling his
head, Pimp Dad standing over him.
Lesson
four, "The fully-stocked bar," offers:
"Have the cheerleaders dance with each
other on the bar top. And if your sally-ass
doesn't leave the bar totally empty when you
check out, then your entire night was a bust.
Walk away in shame, girly man."
Lesson
five, "NBA-sized Murphy beds" describes
the pop-out beds built right into the walls
of the court. The accompanying cartoon shows
two cheerleaders on a bed, one in cheerleader
attire, the other stripped down to bra, panties,
garter and stockings, having a pillow fight.
Lesson
six, for "The full-on 360-degree round
couch," shows a round couch with basketball
shorts, a cheerleader skirt, a pom-pom, a bra
and panties on top, and advises: "Man,
if you don't know what to do with a round couch
you shouldn't be renting this room. In fact,
you shouldn't be reading this invite. Yeah,
don't even show up to the party."
And
lesson seven, "10-person Jacuzzi,"
shows a cartoon of a man in a hot tub with four
women seated alongside him. "Dress your
cheerleaders in tiny white T-shirts and throw
in a bar of soap. Then pull up a chair and let
the suds fly."
After
the Hard Rock triumphed last year when the Nevada
Gaming Commission allowed the hotel to make
satirical reference to criminal activity in
its advertising, the Gaming Control Board probably
wouldn't question the invitation's satirical
reference to assaulting a referee, Board Chairman
Dennis Neilander said Friday.
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