Tough guys appear to be slugging it out as they muscle their way around a gambling empire. And no this isn't the latest episode of Boardwalk Empire.
"This happening in real life," mused Cramer. "And it's a battle royale."
That is, CEOs in the casino industry are taking swings at one another.
Whenever there's fierce competition, there's always acrimony but that tension seemed to explode in late July when Sheldon Adelson, the CEO of Las Vegas Sands took a big swing at rivals for driving down hotel rates, blaming them for curtailing revenues.
He said that Caesars and MGM, which own over 20 properties on the famed Vegas Strip (or just off the Strip), aggressively lowered room prices and then suggested the strategy was due to a need to service excessive debt.
"I don't necessarily blame them," Adelson said. "I suppose if I were in that position, I might do the same thing."
Thereafter, Jim Murren, the chairman and CEO of MGM Resorts, took exception to Adelson's comments. He defended the company's sales strategy and suggested his company was far more relevant than Adelson's.
"We and Caesars are the largest players. We provide the most jobs, the most tax revenues and the most community support," he said.
Murren also suggested his company had its finger on the pulse of Vegas while Adelson was a little out of touch. "We know Las Vegas better than he does," Murren added.