Author Archives: David McKee

About David McKee

Bio

Adelson finds his man

Posted on October 13, 2015 by David McKee

Marco Rubio could be justthisclose to a Sheldon Adelson endorsement. When Rubio was in Las Vegas last week, playing counterpoint to Donald Trump, he had a meeting with Adelson that “had an air of importance” according to Politico.com. Should Adelson … Continue reading →

Posted in Culinary Union, Donald Trump, Election, Florida, Geoff Freeman, Internet gambling, Politics, Sheldon Adelson, Station Casinos, Wall Street, Wisconsin | 3 Comments

Mad slot skillz; Tribes at war with one another

Posted on October 12, 2015 by David McKee

Skill-based slot games are a long way from deployment but that didn’t discourage The Motley Fool‘s Jeff Hwang from scouting the Global Gaming Expo show floor in search of entertaining product. The games he saw the greatest potential in were … Continue reading →

Posted in California, Economy, G2E, IGT, Internet gambling, MGM Mirage, Pennsylvania, Scientific Games, Technology, Tribal | Comments Off on Mad slot skillz; Tribes at war with one another

McCheese baffles Wynn; Straub thwarted again

Posted on October 12, 2015 by David McKee

Boston Mayor Martin “McCheese” Walsh has Wynn Everett President Robert DeSalvio “baffled” with his schizoid approach to the hotel-casino. After having an apparently conciliatory meeting with Walsh, DeSalvio was bushwhacked by a McCheese-launched lawsuit to halt construction on Wynn Everett. “We … Continue reading →

Posted in Arizona, Atlantic City, Glenn Straub, Harrah's, Horseracing, Massachusetts, Mohegan Sun, New York, Racinos, Revel, Steve Wynn, Tribal, Wall Street | Comments Off on McCheese baffles Wynn; Straub thwarted again

Trump Trek: The wrath of Khan

Posted on October 8, 2015 by David McKee

Donald Trump‘s touring show is playing Treasure Island even as I type this (Phil Ruffin was the opening act). The Culinary Union‘s Bethany Khan was loaded for bear and unleashed this blast at The Donald today.

Posted in Culinary Union, Donald Trump, Phil Ruffin | Comments Off on Trump Trek: The wrath of Khan

So long, Sammy; DFS gets a wakeup call

Posted on October 8, 2015 by David McKee

As predicted here, Sam Nazarian has liquidated his 10% stake in SLS Las Vegas to majority owner Stockbridge Capital Group. He’ll still get some extra cash out of the deal, which licenses his SLS brand to Stockbridge (although you could … Continue reading →

Posted in Aristocrat, G2E, Regulation, Sam Nazarian, SLS Las Vegas, Sports, Wall Street | Comments Off on So long, Sammy; DFS gets a wakeup call

Buckeye bounce; Macao’s woes a secret benefit?

Posted on October 7, 2015 by David McKee

Casino and racino revenues in Ohio were up nicely last month, +6.5%. We’re still at least a month away from having a full set of year/year comparisons but Gov. John Kasich‘s decision to supersize a four-casinos-only constitutional amendment into four casinos … Continue reading →

Posted in Dan Gilbert, Economy, Eldorado Resorts, GLPI, Hard Rock International, Harrah's, Macau, Ohio, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn | Comments Off on Buckeye bounce; Macao’s woes a secret benefit?

Doubling down on Philadelphia; Baltimore throws a Horseshoe

Posted on October 7, 2015 by David McKee

Cordish Gaming got the go-ahead to start building its Packer Avenue casino in Philadelphia. The news came on the same as a bulletin that should give Cordish pause, with SugarHouse casino reporting a 4% drop in slot revenues. Given the … Continue reading →

Posted in Cordish Co., Foxwoods, Greenwood Racing, Harrah's, Maryland, Mohegan Sun, Neil Bluhm, Pennsylvania, Tribal | Comments Off on Doubling down on Philadelphia; Baltimore throws a Horseshoe

No boost for Illinois; The wrath of Wynn

Posted on October 7, 2015 by David McKee

So much for the invigorating effect of Labor Day weekend. Even with a holiday, September in Illinois still saw a decline in casino revenue. Casinos in the Land of Lincoln were down 5% for the month. Foot traffic fell 2% … Continue reading →

Posted in Boyd Gaming, GLPI, Harrah's, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Regulation, Slot routes, Sports, Steve Wynn | Comments Off on No boost for Illinois; The wrath of Wynn

Quote of the Day

Posted on October 7, 2015 by David McKee

“We believe sentiment has recently benefitted from comments made earlier this month by Li Gang, the director of the Liaison Office between Macau and Mainland China, where he stated that the central government is going to release more measures to … Continue reading →

Posted in Economy, Macau, Regulation | Comments Off on Quote of the Day

Trouble in Fantasyland

Posted on October 6, 2015 by David McKee

Remember, it’s not whether you win or lose but whether you covered the spread. Untoward, insider dealings in a completely unregulated, gray-area, half-understood  industry? Why, I’m shocked, I tell you, shocked! At least the allegations of self-dealing within DraftKings and … Continue reading →

Posted in Regulation, Sports | Comments Off on Trouble in Fantasyland

MGM reassures Springfield; New gig for Loveman

Posted on October 6, 2015 by David McKee

MGM Resorts International President William Hornbuckle‘s promptly arranged visit to Springfield took on the nature of a damage-control effort yesterday. Hornbuckle made an unequivocal commitment to the city, saying, “We have not gone anywhere, we will not go anywhere and we … Continue reading →

Posted in Boyd Gaming, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Technology | Comments Off on MGM reassures Springfield; New gig for Loveman

MGM sends emissary to Springfield; Florida tribe takes a loss

Posted on October 5, 2015 by David McKee

Undoubtedly realizing that it laid a public-relations egg with its scaled-down redesign of MGM Springfield, parent company MGM Resorts International is sending President William Hornbuckle to Springfield to mend fences with Mayor Domenic Sarno. Actually, Sarno has been in MGM’s … Continue reading →

Posted in Architecture, Economy, Florida, Massachusetts, MGM Mirage, Penn National, Regulation, Steve Wynn, Tribal, Wall Street | Comments Off on MGM sends emissary to Springfield; Florida tribe takes a loss

Dan Lee’s Colorado lode; The Caranos take Reno

Posted on October 5, 2015 by David McKee

Since overthrowing the leadership of Full House Resorts, new CEO Dan Lee has been chock-full of initiatives. His latest is to drop $30 million to acquire Bronco Billy’s Casino & Hotel, in Cripple Creek, Colorado. The move comes as Colorado … Continue reading →

Posted in Atlantic City, Colorado, Dan Lee, Delaware, Dining, Eldorado Resorts, Full House Resorts, International, Internet gambling, Marketing, MGM Mirage, PokerStars, Reno, Scientific Games | Comments Off on Dan Lee’s Colorado lode; The Caranos take Reno

Quote of the Day

Posted on October 5, 2015 by David McKee

“Are you kidding me? I know my kids … These games need to change. The time is now.” — Caesars Entertainment CEO Mark Frissora riling up slot machine makers at Global Gaming Expo by saying he was “shocked” by the retrograde … Continue reading →

Posted in G2E, Harrah's, Technology | Comments Off on Quote of the Day

Quote of the Day

Posted on October 1, 2015 by David McKee

“Many regulators, many policymakers, are saying that this is a gray area. Well, it’s time to make it black or white. Casinos can either get involved in this business or they can’t.” — American Gaming Association President Geoff Freeman, trying to … Continue reading →

Posted in G2E, Geoff Freeman, Sports | Comments Off on Quote of the Day

Turning point for Wynn; Breakthrough for PokerStars

Posted on October 1, 2015 by David McKee

Earlier this week, the Everett Planning Board unanimously assented to Wynn Everett‘s site plan. The Medford Patch described this vote as “the most critical local permit needed by Wynn.” The resort-to-be can start pulling building permits now, with the actual … Continue reading →

Posted in Atlantic City, Economy, Environment, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, PokerStars, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Tribal | 1 Comment

Catwalk beauties, oysters and organized crime at G2E

Posted on October 1, 2015 by David McKee

Pulchritude on parade was an important subtheme of this year’s Global Gaming Expo, as was showcasing Las Vegas’ many dining options. Chef Daniel Bouloud, by the way, earns our thanks for initiating “Oyster Hour” at db Brasserie in the Venetian. … Continue reading →

Posted in Dining, Entertainment, G2E, Geoff Freeman, Harrah's, Sheldon Adelson, The Mob | Comments Off on Catwalk beauties, oysters and organized crime at G2E

Malaise in Macao; Celebration at G2E

Posted on October 1, 2015 by David McKee

Wall Street analysts having revised their expectations downward well beforehand, Macao‘s 33% decline in gaming revenues hardly came as a surprise. If anything, they expected worse. Deutsche Bank analyst Carlo Santarelli even noticed some “pre-Golden Week malaise” toward the end … Continue reading →

Posted in Arizona, Economy, Entertainment, G2E, Harrah's, Macau, Melco Crown Entertainment, New York, Sheldon Adelson, The Strip, Tourism, Tribal, Wall Street, Wisconsin | 3 Comments

Why DFS really, really isn’t sports betting … they say

Posted on September 30, 2015 by David McKee

DraftKings CEO Jason Robins makes the preposterous argument that daily fantasy sports isn’t sports betting because there’s only 15% overlap between the two. But with sports wagering limited to a small handful of states, how could the the pool of … Continue reading →

Posted in G2E, Sports | Comments Off on Why DFS really, really isn’t sports betting … they say

Baccarat slays the Strip; Do gambling and pot mix?

Posted on September 30, 2015 by David McKee

Lack of a Labor Day weekend had a minimal effect on Nevada statewide gaming revenues in August (-1%). Lower and luckier baccarat play — 17% less drop and 24% less winnings for the house — hurt particularly (especially when one … Continue reading →

Posted in Economy, Galaxy Entertainment, Macau, Maine, Massachusetts, Penn National, South Dakota, The Strip, Tribal, Wall Street | Comments Off on Baccarat slays the Strip; Do gambling and pot mix?