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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
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Author Archives: David McKee
Atlantic City goes to pot; MGM, Boyd, Pinnacle, Red Rock Resorts meet The Street
We’ve come a long way from the days of Reefer Madness. Latest case in point: Atlantic City, where Assemblyman Reed Gusciora (D) is pushing recreational “tea” as a cure to the city’s penurious condition. Weed would be legalized on the Boardwalk and … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, CityCenter, Economy, Georgia, Glenn Straub, Harrah's, Illinois, Indiana, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Missouri, Palms, Pinnacle Entertainment, Politics, Reno, Scientific Games, Station Casinos, The Strip, Wall Street
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Quote of the Day
“I don’t like playing slots. Just hitting a button over and over again to see what pops up is boring. Makes me feel like a test rat that gets addicted to hitting a trigger because it results in cheese, unpredictably … Continue reading
Posted in Marketing
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Quote of the Day
“My sense is that they are likely to be quite dangerous devices and they’re certainly not the kind of thing that’s going to attract your high-rollers and exotic gamblers. James Packer is not going to drop into Canberra Casino in … Continue reading
Posted in Australia, James Packer, Technology
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The perils of Packer; Straub misses deadline
There’s been another hiccup in the Alon saga, as billionaire James Packer is restructuring his Crown Resorts portfolio “to shield his Australian assets from a prolonged downturn in the Chinese gambling hub” of Macao, according to Bloomberg. Packer’s share of … Continue reading
Posted in Atlantic City, Australia, Glenn Straub, International, Internet gambling, James Packer, Law enforcement, Massachusetts, Melco Crown Entertainment, Penn National, Revel
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NHL picks Las Vegas; Borgata carries Atlantic City
It’s not been officially confirmed and it’s not a final decision, but The Associated Press is reporting that the NHL‘s executive committee has chosen Las Vegas businessman Bill Foley‘s proposal to create an expansion franchise in Sin City. In a … Continue reading
Penn has big plans for Trop; DFS sites feel the heat
High rollers aren’t spending as much as they used to at Penn National Gaming casinos, reports JP Morgan analyst Joseph Greff, after meeting with CEO Tim Wilmott. Overall, Penn says its springtime revenues have been tracking with its expectations. Greff … Continue reading
Riviera goes down
Of all the implosions I’ve watched in Las Vegas since 1999, I can’t remember one being prefaced with three minutes of fireworks. Here’s the whole shebang of the demolition of the Riviera‘s Monaco Tower, marred only by an unfortunate change … Continue reading
Quote of the Day
Would that our politicians could speak as directly and selflessly to the genocide in Orlando as Jimmy Fallon does.
Posted in Current
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More gridlock in California; Caesars ownership ups the ante … sorta
California lawmakers’ push for legalized i-gaming appears to run into an insuperable obstacle. Just when it looked like state Rep. Adam Gray had devised language that would tap-dance around the “bad actor” issue, the Pechanga Band of Luiseño Indians and Agua … Continue reading
Posted in California, Florida, Genting, Harrah's, PokerStars, Politics, Taxes, Tribal, Wall Street
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Trump: How to make out like a bandit; Big plans for Station
To give the devil his due, if you visit Trump Taj Mahal and are dismayed because “carpets are frayed and dust-coated chandeliers dangle above the few customers there to play the penny slot machines,” you are not entirely witnessing the … Continue reading
Straub forges ahead; Caesars bankruptcy stymied
Glenn Straub still doesn’t have a new name for Revel but that’s not stopping him from reopening the casino — and on schedule, too. He expects to have 40% of the casino floor operational within a week. Straub will reopen … Continue reading
Posted in Atlantic City, Boyd Gaming, Dining, Entertainment, Glenn Straub, Harrah's, Marketing, Maryland, MGM Mirage, Regulation, Revel, The Strip, Unite-Here
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Quote of the Day
“They know how to play bingo and the reason they get so excited when they yell, ‘Bingo,’ is because they’re surprised. What they’re here for is to have a good time. This is their entertainment, their recreation. They’re here for the … Continue reading
Posted in Entertainment, Steve Wynn
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Indiana market battered; Foxwoods branches out
One less weekend of business hit Indiana casinos fairly hard last month. The state’s industry was down 7%, to $186 million. Patrons were spending more — a heartening metric — but foot traffic was off nearly 12%. However, even less … Continue reading
This just in …
An LVA source tips the Fertitta Brothers as the mystery buyers of Fontainebleau. They have at least two of the prerequisites: a “presence” in gaming and access to capital (Wall Street loves it some Red Rock Resorts these days). But … Continue reading
Posted in Fontainebleau, Reno, Station Casinos, The Strip
1 Comment
The end of an era; Aquinnah tribe beats the odds
Free parking on the Las Vegas Strip bit the dust yesterday, as MGM Resorts International starting charging for the privilege of using its casino-hotels, starting with Aria, Vdara, Monte Carlo and New York-New York. Today, parking fees hit the low-rollers … Continue reading
Posted in Arizona, Columbia Sussex, Kentucky, Massachusetts, MGM Mirage, The Strip, Transportation, Tribal
1 Comment
Wynn disses douchebags; Showboat sails again
In a characteristic about-face, former nightlife enthusiast Steve Wynn is belittling Millenials (“sort of short on brains”), social media (“dim-witted time”), while conceding the importance of non-gaming revenue to today’s Las Vegas. Said Wynn of the nightlife generation, “we’re doing well … Continue reading
Posted in Atlantic City, Cordish Co., Cretins, Economy, Entertainment, Golden Gaming, Harrah's, history, Macau, Maryland, Penn National, Steve Wynn, The Strip
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Quote of the Day
“I feel like I’m working just to pay for health insurance. It’s really hard to pay the bills. I work really hard, and these things used to be covered. We’ve had to make sacrifices. Vacations? Forget it.” — Trump Taj Mahal food-service … Continue reading
Posted in Atlantic City, Economy, Tropicana Entertainment, Trump Entertainment Resorts
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High-stakes legal challenge in Florida; Free-for-all in New York
A relatively obscure dispute in the Florida panhandle could have huge ramifications for the state’s casino industry. Four years ago, voters in Gadsden County approved slot machines for Gretna Racing, a joint venture of two Tallahassee lobbyists and the Poarch Bank … Continue reading
Posted in Architecture, Atlantic City, Delaware, Economy, Election, Florida, Genting, Harrah's, Horseracing, Internet gambling, MGM Mirage, Nevada, New York, Politics, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, The Strip
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Hard May in Illinois; Buyer found for F-blew?
Casino patrons in Illinois are spending a bit more these days but there were 8% fewer of them last month, leading to a 6% revenue decline, partly due to one fewer weekend this year. On an individual basis, casinos tended … Continue reading
Posted in Boyd Gaming, Carl Icahn, Derek Stevens, Detroit, Downtown, Fontainebleau, GLPI, Harrah's, Illinois, MGM Mirage, Neil Bluhm, Penn National, Slot routes, Steve Wynn, The Strip, Transportation, Tropicana Entertainment, Wall Street
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