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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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Author Archives: David McKee
Quote of the Day
“I recently heard a father on the 19th hole say to his young son, ‘I beat you on eight holes, so you owe me 80 cents.’ Where is a country headed when it allows parents to bet with their children?” … Continue reading
Posted in Sports
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Thought for the day
Why does Steve Wynn want to decorate the lagoon of Wynn Paradise Park with floats of giant arachnids? I mean, nothing says “fun” like a bunch of spiders, right? I think my archachna-phobic wife has come up with the explanation: … Continue reading
Posted in Architecture, MGM Mirage, Steve Wynn
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Stratosphere: Sartini takes charge; Dadaist policy at MGM
“It’s more appreciated now than it was 20 years ago,” says Golden Entertainment CEO Blake Sartini of his new trophy property, the Stratosphere. Boy, is he right (as usual). What used to be called “Stupak’s Stump” or the “Tower of … Continue reading
Posted in Donald Trump, Foxwoods, Golden Gaming, Illinois, Japan, Marijuana, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, The Strip
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Reno’s bright future; All-time high for Vegas sports books
We love Reno. It has a river in the middle of downtown, nearby mountains and all the charm that Las Vegas so desperately lacks. It also had a gambling market that was written off for dead 15 years ago. Times … Continue reading
Posted in Economy, Eldorado Resorts, International, Nevada, Oklahoma, Paragon Gaming, Pennsylvania, Politics, Reno, Sports, Station Casinos, Taxes, Tribal, Wall Street
1 Comment
Quote of the Day
“Given the experience in other states, where casino revenues have been lower than expected, the state will need to use caution.” — New York State Comptroller Thomas DiNapoli, in a cautionary, 2014 memo to Empire State legislators. Did the solons … Continue reading
Case Bets
In an early Christmas present to gaming historians, the Center for Gaming Research at UNLV has unveiled the Harrah’s Entertainment Corporate Archives, focusing on the 1940-2000 period. In other words, it doesn’t just go back to the beginning but before … Continue reading
Posted in GLPI, Harrah's, history, Illinois, Lake Tahoe, Mandalay Bay Massacre, Missouri, Pinnacle Entertainment, Reno, Sports, The Strip, Tropicana Entertainment
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Pretlow tackles NY casinos; Zinke paralyzes Connecticut casino
Fearing a plea for tax breaks from New York State‘s three new, underperforming casinos, Assemblyman Gary Pretlow (D) has asked the state auditor to look into why they failed to meet their revenue projections. “It is critically important that we have … Continue reading
Posted in Economy, Foxwoods, MGM Mirage, Mohegan Sun, New York, Politics, Regulation, Tribal
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New look for an old favorite
Courtesy of sharp-eyed reader (and frequent source) Greg Askins. But somebody should have snipped that shot of the “Do Not Disturb” sign, which takes on another meaning after the Stephen Paddock rampage.
Posted in Architecture, Harrah's, Mandalay Bay Massacre, The Strip
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Macao rockets ahead; SLS sale snagged
While we share Galaxy Entertainment Chairman Lui-Che Woo‘s circumspection about announcing a full recovery in Macao, gaming revenues continue to ignore the ‘stop’ signs. Last month they rocketed up 22%, which “blows past expectations,” according to Deutsche Bank analyst Carlo Santarelli, … Continue reading
Posted in GLPI, Illinois, Macau, Mandalay Bay Massacre, MGM Mirage, Mohegan Sun, Politics, Racinos, Sahara, Sam Nazarian, Sheldon Adelson, Slot routes, SLS Las Vegas, Steve Wynn, The Strip, Tribal, Wall Street
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Strip waxes, LV locals wane; Caesars sticks it to you
Gaming revenues inched up 3% in Nevada last August, while the Las Vegas Strip was up 5%, to $568 million. JP Morgan analyst Joseph Greff wrote that the latter implied “strong 3Q for MGM table games given WYNN and LVS’ combined 3Q … Continue reading
Posted in Boulder Strip, Downtown, Economy, Entertainment, Genting, Greenwood Racing, Harrah's, International, Internet gambling, Lake Tahoe, Laughlin, Mesquite, MGM Mirage, Nevada, North Las Vegas, Pennsylvania, Regulation, Reno, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
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Steve Wynn, showman; Caesars, de Laurentiis extend relationship
King Kong isn’t gone from Wynn Paradise Park. He’s been downsized from a massive animatronic to a float on the lake. (Somebody obviously told Steve Wynn the cautionary tale of ‘Disco Yeti‘ at Disney’s Animal Kingdom.) He’ll be joined there … Continue reading
Posted in California, Dining, Entertainment, Harrah's, Maryland, Penn National, Regulation, Security, Steve Wynn, The Strip, Tribal, Wisconsin
1 Comment
Quote of the Day
“We’re not talking about a massive influx of new revenues in the sports book business.” — Station Casinos Vice President of Race & Sports operations Art Manteris, downplaying the impact of federal legalization of sports betting.
Posted in Sports, Station Casinos
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Tally-ho, friends!; NY State casinos cry uncle
As Sigma Derby games at MGM Grand and The D continue to eke out a perilous existence, getting by on spare parts cannibalized from other machines, they have a new rival. Konami Gaming has taken note of the enduring popularity … Continue reading
Posted in Baseball, Derek Stevens, Dining, Economy, Genting, IGT, International, Jeff Guard, Macau, MGM Mirage, New York, Sports, Taxes, Technology, Tourism, TV
1 Comment
Quote of the Day
“Many casino executives and Las Vegas officials felt this day was inevitable. Las Vegas is the capital of decadence and indulgence in the American culture and a huge symbolic target. Ever since it was revealed that several of the 9/11 … Continue reading
Posted in Law enforcement, Mandalay Bay Massacre
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“A gambling state without parallel”
It’s up to Pennsylvania Gov. Tom Wolf (D) now. [Update: Wolf got off the fence with uncharacteristic alacrity and signed the bill.) The state House has passed the most sweeping expansion of gambling S&G has ever seen. It includes Internet … Continue reading
Posted in Eldorado Resorts, Harrah's, Internet gambling, Penn National, Pennsylvania, Politics, Slot routes, Sports, Taxes
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Major casino expansion mooted for Pennsylvania; Big wins for Florida, Wisconsin tribes
Gaming expansion is creeping forward in Pennsylvania. The state Senate has passed and sent to the House a bill that would add 10 satellite casinos to the Keystone State. Eldorado Resorts‘ Presque Isle Downs would be juiced in for one … Continue reading
Posted in Architecture, Eldorado Resorts, Florida, Hard Rock International, Internet gambling, Penn National, Pennsylvania, Politics, Reno, Seminole Tribe, Slot routes, Station Casinos, Taxes, Tribal, Wisconsin
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Wynn: Set the date; High-tech potties at Caesars
It’s official: Wynn Resorts will start tearing up its Las Vegas Strip golf course on Jan. 3, 2018. Not much is known about what will replace it, as the budget hasn’t been set, and plans for the Wynn Paradise Park … Continue reading
Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Charity, Downtown, Harrah's, Macau, Movies, North Las Vegas, Steve Wynn, Technology, The Strip, Wall Street
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Quote of the Day
“I don’t want to say that I know exactly what Asians think is a period of mourning that’s appropriate, but I’ve heard that it’s sometimes a period of three months, four months, in that range.” — Caesars Entertainment CEO Mark … Continue reading
Posted in Harrah's, International, Mandalay Bay Massacre, Tourism
1 Comment
Penn shows Trop little love; Big plans at Caesars
Penn National Gaming‘s quarterly report was about what you’d expect: strength in Ohio, weakness in West Virginia, and negative impacts from Hurricane Nate and the Mandalay Bay massacre. Also, Penn is looking toward the Canada market for expansion. As Deutsche … Continue reading
Posted in Harrah's, International, Japan, Mandalay Bay Massacre, Marketing, Mohegan Sun, Ohio, Penn National, Planet Hollywood, Regulation, South Korea, Technology, The Strip, Wall Street, West Virginia
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Adelson’s construction boom; Make theirs Manhattan
Las Vegas Sands still can’t be bothered to finish its St. Regis stump on the Strip, but it’s spending capex dollars like there’s no tomorrow in Macao. Sands will throw $700 million into redoing Sands Cotai Central as The Londoner, … Continue reading
Posted in Architecture, Culinary Union, Genting, Law enforcement, Macau, Mandalay Bay Massacre, MGM Mirage, New York, Politics, Sheldon Adelson, Singapore, The Strip, Wall Street
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