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Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- 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
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- Sibella scandal spreads; Supremes forestall Seminoles - 56,613 views
- You can’t fix stupid; Good-bad news on the bayou - 56,504 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,881 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,811 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,792 views
- Profit vs. investment on the Strip - 1,055,396 views
- Lame nag; Frissora overpaid? - 578,616 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,532 views
- That casino smell - 63,647 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,381 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,975 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,344 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 57,018 views
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Author Archives: David McKee
Quote of the Day
“Everything I built — the Golden Nugget, Mirage, Treasure Island, Wynn-Encore, were because of him. You name the buildings, including UNLV, and Parry Thomas’ fingerprints are everywhere in this valley.” — Steve Wynn, eulogizing banker and power-broker Thomas, who revolutionized the Nevada … Continue reading
Posted in Downtown, history, MGM Mirage, Steve Wynn, Wall Street
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Loveman’s chickens come home to roost; Are casinos blowing off a $12 trillion demographic?
As cheap as it’s been lately, we hope you haven’t bought any Caesars Entertainment stock. Shares dropped 12% and kept falling right after Judge Benjamin Goldgar declined to extend protection of Caesars from creditor litigation any longer, which means that … Continue reading
Posted in Alabama, Boyd Gaming, Cannery Casino Resorts, Genting, Harrah's, International, Marketing, MGM Mirage, Station Casinos, Wall Street
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New ally for Mashpee; Adelson: My way or the highway
In the latest twist of the Project First Light saga, the Justice Department has interceded on behalf of the Mashpee Wampanoag. It has asked a federal judge to revisit his ruling that the Mashpee lacked standing and that the Interior … Continue reading
Posted in Donald Trump, Downtown, Environment, Galaxy Entertainment, Harrah's, history, Internet gambling, Macau, Massachusetts, MGM Mirage, Oklahoma, Regulation, Sheldon Adelson, Sports, Station Casinos, Taxes, Tribal
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See Scoundrel’s and die; Caesars fumbles the ball
It’s been a long time since the Nevada Gaming Commission even suspended a license. (I believe it was dive bar Snick’s Place, back in 2009, but I could be wrong.) However, the NGC has taken back the license of Scoundrel’s … Continue reading
Posted in Derek Stevens, Dining, Downtown, Election, Harrah's, Law enforcement, MGM Mirage, New York, Racinos, Regulation, Slot routes, The Strip
1 Comment
Lucky Dragon gets another step ahead; ETGs a hit at Sands Bethlehem
Lucky Dragon Casino is speeding to completion while Resorts Las Vegas and Alon can’t get out of the starting blocks. (Resorts World did Tweet that it had finished paving its parking garage, making it Las Vegas‘ most high-budgeted place to put … Continue reading
Quote of the Day
“For someone to hold up a Facebook post as journalism is kind of an affront.” — Ross Connelly, editor and publisher of the plucky little Hardwick Gazette, a rural Vermont newspaper.
If you couldn’t be there …
Except for the aerial gondola ride, the dancing-fountains show at Wynn Palace, in Macao, doesn’t have a thing on its progenitor at Bellagio. Well, nothing except a really bad, Broadway-style show tune (“We’ve got elegance”) that appears to have commissioned … Continue reading
Posted in Entertainment, Macau, Steve Wynn, The Strip
6 Comments
Caesars crashes, burns in Louisiana; DFS takes two steps forward, one back
Despite having an extra weekend day, Louisiana casinos saw revenue fall 7% in July. (JP Morgan analyst Joseph Greff blames flooding for the waterlogged numbers.) Pinnacle Entertainment did the best among major operators, up 4%, while Caesars Entertainment went into the … Continue reading
Posted in Atlantic City, Boyd Gaming, Churchill Downs, Eldorado Resorts, GLPI, Harrah's, Internet gambling, Isle of Capri, Louisiana, Maine, Massachusetts, New York, Pennsylvania, Pinnacle Entertainment, Problem gambling, Sports, Taxes, Technology, The Strip, Tilman Fertitta, Tropicana Entertainment
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MGM goes on the attack; Wynn’s new “masterpiece;” Isle out of Louisiana
This story pretty much writes itself. While MGM Resorts International cowboys up and makes it clear who’s sponsoring the ad — not hiding behind some phony-baloney PAC name like “Citizens for a Stronger Connecticut” — but the commercial is a … Continue reading
Tax fight in Pennsylvania; Adelson donation goes awry
Sands Bethlehem could soon pocket another $10 million a year but it’s letting Mount Airy Casino do the heavy lifting. The latter is arguing to the Pennsylvania Supreme Court that the flat, yearly fee falls disproportionately on small casinos, not … Continue reading
Posted in Architecture, California, Eldorado Resorts, Greenwood Racing, International, Internet gambling, Law enforcement, Massachusetts, Neil Bluhm, Oklahoma, Pennsylvania, PokerStars, Sheldon Adelson, Steve Wynn, Taxes, Tribal
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Quote of the Day
“Drop out and tell America this entire candidacy was a stunt. You would not be a loser, you would be a legend.” — Last Week Tonight host John Oliver, making an appeal to Donald Trump, arguing that if Trump won … Continue reading
Posted in Donald Trump, Election, TV
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Caesars vs. Caesars; Wynn Palace opens
In a surrealistic turn of events, Caesars Entertainment Operating Co. has filed suit against parent Caesars Entertainment, and against majority owners Apollo Management and Texas Pacific Group. This bit of shadow puppetry is apparently intended to get at the goodies … Continue reading
Posted in Election, Entertainment, Florida, Galaxy Entertainment, Harrah's, Internet gambling, Macau, Melco Crown Entertainment, MGM Mirage, Nevada, New York, Steve Wynn, The Strip, Wall Street
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Wynn receives vote of confidence; Rivers Casino gets a ‘best’
Account holders and investors in Dore Entertainment are evidently out of patience waiting to be reimbursed for the reported theft of $43 million from the VIP room operator. Instead, they’re suing Wynn Macau, saying “as a gaming concessionaire, [it] should … Continue reading
Posted in Macau, Melco Crown Entertainment, Mississippi, Neil Bluhm, Pennsylvania, Sheldon Adelson, Steve Wynn, Wall Street
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Steve Wynn, re-visionary; DFS in Nevada: It’s back
Evidently industry leaders are coming to terms with the fact that the go-go days when Macao was a $45 billion/year casino market are over. Steve Wynn told The Associated Press that “What took place here in previous years was an anomaly. he … Continue reading
Posted in Donald Trump, Economy, Election, Harrah's, Internet gambling, Macau, Nevada, New York, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip
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Quote of the Day
“The other candidate seems determined to needlessly antagonize our allies and trading partners by pledging to tear up NAFTA and other hard-won trade agreements. One candidate works to create stability and certainty, qualities the market loves and rewards. The other … Continue reading
Posted in Election, MGM Mirage, Wall Street
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Wynn: Overextended in Macao?
Daiwa Securities Group put “sell” ratings on Wynn Macau Ltd. and Sands China, arguing that projections that the Wynn Palace and Parisian megaresorts would reverse declines in Macao gambling “remain overly optimistic.” Analysts Adrian Chan and Jamie Soo wrote that … Continue reading
Posted in Architecture, Dining, Galaxy Entertainment, International, Isle of Capri, Macau, Melco Crown Entertainment, MGM Mirage, Neil Bluhm, New York, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street
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Atlantic City boosters gain momentum; Gamblit takes important step forward
New York State gaming forces are taking a more-than-disinterested view of the upcoming referendum on Atlantic City‘s monopoly on casino gambling in New Jersey. For instance, Genting Group, owner of Resorts World New York, is opposing the measure behind stalking … Continue reading
Posted in Affinity Gaming, Atlantic City, Election, Foxwoods, Genting, Massachusetts, Mohegan Sun, New York, Pennsylvania, Taxes, Technology, Tribal
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MGM’s China gambit; Mixed quarter for Station
MGM Resorts International and Pansy Ho are performing a fancy juggling act with MGM stock. The former is going to buy an additional 188 million shares in MGM China, increasing its hold on the property to 56%. In return, Ms. … Continue reading
Posted in California, Culinary Union, Economy, Election, Isle of Capri, Macau, MGM Mirage, Missouri, Nevada, Palms, Pansy Ho, Penn National, Reno, Station Casinos, Steve Wynn, Tribal, Wall Street
2 Comments
So long, Riviera
For those of us who couldn’t be there, this was the scene as the remaining vestiges of the Riviera swooned gracefully into a pile of debris. You can see spectators scurrying to evade the dust cloud, as it threatens to … Continue reading
Posted in history, LVCVA, MGM Mirage, Riviera, The Strip
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Quote of the Day
“Truly, I think the brand is so powerful, that when other people would have maybe went under, I think that helped carry us because people are very loyal to the Binion brand. I think if we could survive the bad … Continue reading
Posted in Downtown, history, Terry Caudill
2 Comments