Author Archives: David McKee

About David McKee

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Wynn, Walsh make peace; Borgata ups the ante

In the end, it was all about the money. In return for an extra $400,000 per year for the next 15 years, plus reimbursement of $750,000 in legal fees, Boston Mayor Martin Walsh dropped his efforts to block Wynn Everett. “We fought … Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, Lucky Dragon, Massachusetts, MGM Mirage, Station Casinos, Steve Wynn, Taxes, The Strip, Wall Street | Comments Off on Wynn, Walsh make peace; Borgata ups the ante

Quote of the Day

“The Las Vegas Strip is a uniquely American landmark, an amalgamation of public square and private space, famous around the world for projecting bounty to all comers. [MGM Resorts International] has for decades benefited from being part of that, but now … Continue reading

Posted in MGM Mirage, The Strip, Tourism, Transportation | Comments Off on Quote of the Day

Meet the candidates; Even when Adelson loses, he wins

One of the many first-ever things that Geoff Freeman has done to remake the American Gaming Association in his image is compile a voting guide for industry workers, walking them through the primary and caucus processes in their states, and … Continue reading

Posted in Economy, Election, Geoff Freeman, Macau, Maryland, Pennsylvania, Politics, Regulation, Sheldon Adelson, Sports, The Strip, Tribal, Wall Street | Comments Off on Meet the candidates; Even when Adelson loses, he wins

Quote of the Day

“I guess [the Sands general counsel] could have filed something that said, ‘Dear Public: Our chairman is a little cuckoo.’” — Las Vegas Sands CEO Sheldon Adelson, testifying to the impairment of his job performance caused by painkillers. Interestingly, now … Continue reading

Posted in Macau, Sheldon Adelson | Comments Off on Quote of the Day

Christie’s bum rap; New partner for Packer?; Casino chicanery in Maine

“The people involved in this, if you took a thimble and put their knowledge of Atlantic City in it, it wouldn’t fill it,” says Thomas Carver, former policy czar for the resort town, who lost his job when he displeased … Continue reading

Posted in Atlantic City, Australia, Cosmopolitan, Economy, Election, Internet gambling, James Packer, Maine, Melco Crown Entertainment, New Hampshire, Penn National, Politics, Racinos, Revel, Taxes, The Strip | Comments Off on Christie’s bum rap; New partner for Packer?; Casino chicanery in Maine

The 7% solution; Grief in Texas

Woe betide the “Borgata Babe” who loses or gains more than 7% of her body weight. Do it and you’re out the door. This archaic — to say nothing of sexist — policy was passively reaffirmed when the New Jersey … Continue reading

Posted in Atlantic City, Boyd Gaming, California, Delaware, Election, Internet gambling, MGM Mirage, Problem gambling, Regulation, Sports, Texas, Vermont | Comments Off on The 7% solution; Grief in Texas

Case Bets

Casinos: They’re not just for French resorts anymore. Marseille Mayor Jean-Claude Gaudin is plumping for a casino in his city, which is badly afflicted by poverty. He seems to be right on the curve, as far as a casino injection … Continue reading

Posted in Economy, International, Internet gambling, Isle of Capri, Mississippi, New York, Taxes, Tilman Fertitta, TV | Comments Off on Case Bets

To park or not to park, that is the question

Jim Murren wants more than our money with MGM Resorts International‘s controversial new parking fees. He wants our gratitude. “I ask them to honestly reflect what it means to be a local and how the tourist economy has improved their … Continue reading

Posted in CityCenter, Culinary Union, Economy, Harrah's, International, MGM Mirage, Sports, The Strip, Transportation | Comments Off on To park or not to park, that is the question

Another card room busted; Station becomes Red Rock

Scarcely was the ink dry on the American Gaming Association‘s proclamation of improved anti-money-laundering compliance than a plea-bargaining agreement was revealed involving the Normandie Casino, a venerable Gardena, California, card room. According to the Los Angeles Times, the Normandie “failed … Continue reading

Posted in California, Economy, Geoff Freeman, Internet gambling, Law enforcement, Macau, Massachusetts, MGM Mirage, Neil Bluhm, Pennsylvania, Sheldon Adelson, Station Casinos, Tribal, Wall Street | Comments Off on Another card room busted; Station becomes Red Rock

Lean Christmas in Louisiana; Greater vigilance in industry

Louisiana gaming revenues came in for a hard landing (-7.5%) as the Golden Nugget Lake Charles marked its first anniversary. The New Orleans market (-13.5%) took it worst, although Lake Charles was down 12%. The latter continues to be the … Continue reading

Posted in Boyd Gaming, Churchill Downs, Economy, GLPI, Harrah's, Isle of Capri, Louisiana, Pinnacle Entertainment, Racinos, Regulation, Tilman Fertitta, Tropicana Entertainment | Comments Off on Lean Christmas in Louisiana; Greater vigilance in industry

A Revel by any other name …; Christie abandons Atlantic City

Whatever it’s called when Glenn Straub reopens it, that $2.4 billion turkey along the Boardwalk won’t be named Revel. The new moniker is the least of several uncertainties surrounding the property. For one, Straub hasn’t even finished his gaming-license application yet, … Continue reading

Posted in Atlantic City, Election, Glenn Straub, Harrah's, Macau, Politics, Revel, Trump Entertainment Resorts | 1 Comment

Seminoles take to the air; Trop exec vanishes

Florida‘s Seminole Tribe is taking its case to the people, as its new compact with Gov. Rick Scott (R) faces an uphill slog in the Legislature. The compact is such a Rube Goldberg contraption, with so many moving parts, you … Continue reading

Posted in Delaware, Florida, GLPI, Harrah's, Indiana, Internet gambling, Marketing, Missouri, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Seminole Tribe, Tropicana Entertainment, TV | Comments Off on Seminoles take to the air; Trop exec vanishes

Big contract from Wynn; Parking debate continues

Wynn Resorts bought locally in its search for a Wynn Everett general contractor. It has let the $1 billion construction contract to Suffolk Construction, biggest in Massachusetts. By choosing a Boston company for this seven-figure deal (plus 4,000 jobs), perhaps … Continue reading

Posted in California, Florida, GLPI, International, Iowa, Lawrence Ho, Marketing, Massachusetts, MGM Mirage, Missouri, Pinnacle Entertainment, Regulation, Steve Wynn, Technology, The Strip, Tourism, Transportation, Tribal | 2 Comments

Big win for Icahn; Boffo year for Pennsylvania

No further obstacles should remain to a Carl Icahn takeover of ailing Trump Taj Mahal after an appeals court found in favor of wage- and health-care rollbacks at the Atlantic City casino. Unite-Here Local 54 and the workers it represents … Continue reading

Posted in Atlantic City, Carl Icahn, Cordish Co., International, Internet gambling, Nevada, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Trump Entertainment Resorts, Unite-Here | Comments Off on Big win for Icahn; Boffo year for Pennsylvania

Case Bets

The glass at Penn National Gaming‘s Plainridge Park is both half-full and half-empty these days. The win/slot/day ($291) is 50% above the industry’s desired norm. However, Plainridge continues to bleed customers, going from $12 million in revenue in November to … Continue reading

Posted in Atlantic City, Florida, Isle of Capri, Massachusetts, Penn National, Politics, Racinos, Regulation, Seminole Tribe, Tribal, Wall Street | 1 Comment

Stick ’em up!

Addressing concerns about the quantity and proximity of parking to the T-Mobile Arena, executives at MGM Resorts International are busting out plans for a $54 million parking garage, to be built on the northwest corner of the Excalibur “campus,” cannibalizing … Continue reading

Posted in Current, Economy, Marketing, MGM Mirage, Technology, The Strip, Transportation, Wall Street | 3 Comments

Moment of truth for DFS; Surprise champion for i-poker

Massachusetts Attorney General Maura Healey has come forth with her much-anticipated set of rules by which daily fantasy sports will be conducted in the Bay State. It’s not definitive yet (a public-comment period is forthcoming) and there may be some … Continue reading

Posted in Internet gambling, Law enforcement, Massachusetts, Politics, Regulation | Comments Off on Moment of truth for DFS; Surprise champion for i-poker

Wynn Resorts opens its wallet; Further woes for Macao

The most “george” figure in the casino industry last year would have to be Steve Wynn. Rank-and-file employees at Wynn Macau received a month’s salary as an end-of-year bonus. Senior management is ineligible for bonuses. Now, this is part of … Continue reading

Posted in Economy, International, Law enforcement, Macau, Marketing, Regulation, Stanley Ho, Steve Wynn, Tribal, Wall Street | Comments Off on Wynn Resorts opens its wallet; Further woes for Macao

Atlantic City under siege; Detroit casinos deliver

New Jersey state Senate President Stephen Sweeney (D) hasn’t been elected governor yet but he’s behaving as though he were the Garden State’s chief executive. He’s the driving force behind a suddenly urgent move to exert state control over Atlantic City. … Continue reading

Posted in Atlantic City, Dan Gilbert, Detroit, Economy, Entertainment, Georgia, Hard Rock Hotel, MGM Mirage, Politics, Revel, Taxes | Comments Off on Atlantic City under siege; Detroit casinos deliver

Quote of the Day

“Moms altered into purchasing their children unhealthy food, study states.” — CNN, as channeled by ArchyNewsy.com. And into what were these mothers altered? Stepford Wives maybe?

Posted in Dining | Comments Off on Quote of the Day