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MGM adjusts to changing Macau market


California hotel hosts Golden Arm reunion

February 26, 2002 6:01 AM by

One of Las Vegas best craps events takes place April 25-29 at the California Hotel and Casino, which will host its sixth annual Golden Arm Reunion.

The weekend marks the gathering of the exclusive Golden Arm Club, and the induction of 20 new members, who during the past 12 months accomplished dice runs of more than one hour at the Cal craps tables. The initiation includes a gala cocktail party under the canopy of the Fremont Street Experience, with the inductees receiving “stars” on Fremont Street.

The weekend draws craps players from around the nation, resulting in hot non-stop dice play throughout the weekend.

The club, which boasts about 150 members, began in 1989, when the late Stanley Fujitake ran a Cal table, holding the dice for three hours and six minutes. Over the years, Fujitake accomplished the feat four times, and became the first of just four members to reach “platinum” status in the club.


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The head of MGM Resorts International is heading to Springfield this week to shore up support for its $800 million resort casino. President William Hornbuckle visits the city on Monday to “reaffirm” his company’s commitment to building the downtown complex.

Churchill Downs Incorporated and Saratoga Harness Racing, Inc. have completed the previously announced transaction whereby CDI has acquired a 25 percent membership interest in Saratoga Casino Holdings, LLC for approximately $24.8 million.

​Boston’s latest effort to block construction of the $1.7 billion Wynn Resorts development is a bad idea that will not to anything to serve the best interests of the of the city and its citizens.

MGM CEO Jim Murren says his company is adjusting its operation to a changing market in Macau and the adjacent Cotai Strip. That’s the same approach that Las Vegas operators have taken over the years as they responded to changing market conditions.

It doesn’t have to be a big game to provide big betting value. Such is the case in Chicago where the two worst teams in the American League Central meet.

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