Author Archives: David McKee

About David McKee

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Marrandino returns; Crime and casinos

Posted on July 18, 2014 by David McKee

It’s hard to say which is the more intriguing aspect of the announced reinvention of Lake Tahoe‘s Horizon Casino Resort. Is it the adoption of the Hard Rock brand or the re-emergence of Don Marrandino as the man who’s going … Continue reading →

Posted in Atlantic City, Columbia Sussex, Harrah's, Lake Tahoe, Pennsylvania, Taxes, Warner Gaming | 1 Comment

Reversal in Phoenix; Flame out

Posted on July 17, 2014 by David McKee

So noxious to some in the Phoenix area is the idea of a Tohono O’odham Nation casino that Arizona‘s congressional delegation has actually tried to get a special law passed to stop it. For five and a half years, the Tohono … Continue reading →

Posted in Arizona, Current, Dining, Downtown, Environment, Politics, Tribal, Westgate LV | Comments Off on Reversal in Phoenix; Flame out

Paradox at Sands

Posted on July 17, 2014 by David McKee

Only in Macao could Sheldon Adelson report a 27% increase in profit and have it be called disappointing. For the first time in four years, Macanese action dropped last month, down 4%. Dollars to doughnuts, those missing patacas will turn … Continue reading →

Posted in Macau, MGM Mirage, Sheldon Adelson, Singapore, Sports, The Strip, Wall Street | Comments Off on Paradox at Sands

Take my casino, please; Nail-biter in Iowa

Posted on July 17, 2014 by David McKee

Rather than accept three potential casino closings as a fait accompli, Unite-Here is out beating the bushes for potential buyers. Given, the casinos aren’t Unite-Here’s to sell but there’s no law that says the union can’t play matchmaker. “We want the world … Continue reading →

Posted in Atlantic City, Carl Icahn, Columbia Sussex, GTECH, Hard Rock International, Harrah's, IGT, Internet gambling, Iowa, Penn National, Regulation, Revel, Technology, Tropicana Entertainment, Trump Entertainment Resorts | 1 Comment

Russian roulette in Boston

Posted on July 16, 2014 by David McKee

Due to Boston Mayor Martin Walsh‘s refusal to go to arbitration with Wynn Resorts, the Massachusetts Gaming Commission finds itself in an unexpected role. It’s mulling other surrounding-community agreements from around the state and trying to measure the economic impact … Continue reading →

Posted in Atlantic City, Delaware, Foxwoods, Genting, International, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Regulation, Rhode Island, Steve Wynn | Comments Off on Russian roulette in Boston

Goodbye IGT, hello Gtech

Posted on July 16, 2014 by David McKee

Early this morning, International Game Technology announced it had been acquired by Gtech, an Italian company specializing in lotteries. The terms of the deal include the assumption of $1.7 billion in debt and the payment of $4.7 billion in cash. … Continue reading →

Posted in Bally Technologies, Current, Economy, GTECH, IGT, Scientific Games, Shuffle Master, Wall Street, WMS Industries | Comments Off on Goodbye IGT, hello Gtech

The perils of Penn

Posted on July 15, 2014 by David McKee

Argosy Sioux City continues to lurch from crisis to crisis. In the latest twist, Judge Elizabeth Ovrom gave with one hand but took away with the other. In order that the casino can appeal its closure order from the Iowa … Continue reading →

Posted in Charity, Iowa, Macau, MGM Mirage, Penn National, Regulation, Sheldon Adelson | Comments Off on The perils of Penn

Terra incognita

Posted on July 15, 2014 by David McKee

Boldly going where no tribe has gone before, the  Iipay Nation of Santa Ysabel is days from launching PrivateTable.com. In the Iipay Nation’s viewpoint, tribal sovereignty overrides California law, permitting it to go it alone as an i-poker provider. The idea … Continue reading →

Posted in California, Downtown, Internet gambling, Regulation, Slot routes, Station Casinos, Tribal | Comments Off on Terra incognita

No-Wynn situation in Boston

Posted on July 15, 2014 by David McKee

To hear Boston Mayor Martin Walsh tell it, there’s no point in further negotiations with Wynn Resorts. He also claims that insufficient information has been put on the table for an arbitrator to make a decision. Steve Wynn’s offers, he … Continue reading →

Posted in Massachusetts, Regulation, Slot routes, Steve Wynn | Comments Off on No-Wynn situation in Boston

Soft landing in A.C.; “Nocturne” put to sleep

Posted on July 14, 2014 by David McKee

Internet-gaming revenue continues to slip in New Jersey, down 9% from May. There are only three players of consequence: Borgata (36.5%), Caesars Atlantic City (27%) and Tropicana Atlantic City (18%). Still, Internet gambling continues to provide a cushion for the … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Cosmopolitan, Current, Entertainment, Harrah's, Internet gambling, Mohegan Sun, Revel, Sam Nazarian, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | Comments Off on Soft landing in A.C.; “Nocturne” put to sleep

N.Y.: We’re poorer than you; Shame at the Plaza

Posted on July 14, 2014 by David McKee

That casino battle in New York State is evolving into a war of words. At stake is who can prove they’re poorer than the next guy. A study commissioned by the Sullivan County Partnership for Economic Development reached the perverse point of … Continue reading →

Posted in Downtown, Economy, Harrah's, New York, Regulation, Tamares Group | 2 Comments

Japan, land of opportunity

Posted on July 14, 2014 by David McKee

“I think it’s a less likely fit for us, because it’s not clear what the complementary set of skills would be in their case,” said Caesars Entertainment CEO Gary Loveman of gray-market pachinko parlors. That being the case, he might … Continue reading →

Posted in Harrah's, Japan, Macau, MGM Mirage, Regulation, Sheldon Adelson | Comments Off on Japan, land of opportunity

Atlantic City: And then there were nine …

Posted on July 14, 2014 by David McKee

Scarcely had Gary Loveman opined that a few casinos in Atlantic City needed to close than they began toppling like dominoes — some by his own hand. Headed to the casino graveyard alongside the Atlantic Club and the Showboat is Trump … Continue reading →

Posted in Atlantic City, California, Donald Trump, Harrah's, Isle of Capri, Mississippi, Penn National, Tourism, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | 2 Comments

Quote of the Day

Posted on July 14, 2014 by David McKee

“We have all the ills of it but none of the benefits of it.” — Kentucky gubernatorial candidate Jack Conway (D), on the issue of casino gambling.

Posted in Economy, Election, Kentucky | Comments Off on Quote of the Day

Steve Wynn’s right-hand woman

Posted on July 10, 2014 by David McKee

Considered by many the logical successor to Steve Wynn, his envoy to Macao, Linda Chen, is more spoken of than seen. CNN offers us a rare glimpse of the woman who may well be calling the shots at Wynn Resorts … Continue reading →

Posted in Atlantic City, Harrah's, Macau, Mississippi, Penn National, Regulation, Reno, Steve Wynn, Tilman Fertitta, Transportation | 1 Comment

So long, Sullivan County

Posted on July 10, 2014 by David McKee

New York State’s Gaming Commission has picked the last two members of the casino-siting committee and it’s pretty bad news for the Catskills region. Both of the finalists are cronies of Gov. Andrew Cuomo (D), as are the three already-seated … Continue reading →

Posted in Atlantic City, Harrah's, Internet gambling, Isle of Capri, Kansas, Missouri, New York, Penn National, Pinnacle Entertainment, Politics, Regulation, Tropicana Entertainment | 1 Comment

Quote of the Day

Posted on July 10, 2014 by David McKee

“Its purpose is to prevent collusion among poker players. It is the same reason that we prohibited texting and other forms of communication that other players can’t understand or hear or see.” — South Dakota Gaming Commission Executive Director Larry Eliason … Continue reading →

Posted in Regulation, South Dakota | Comments Off on Quote of the Day

SLS: Charming the locals

Posted on July 9, 2014 by David McKee
Posted in Economy, Sam Nazarian, The Strip | Comments Off on SLS: Charming the locals

Too much amount of wrong; Big deal in Boston

Posted on July 9, 2014 by David McKee

Ownership at The Cosmopolitan of Las Vegas has apparently lost its appetite for charmingly off-kilter variety show Vegas Nocturne. The show is not only rumored to be closing at the Cosmo but SLS Las Vegas has been mooted as its … Continue reading →

Posted in Architecture, Cosmopolitan, Entertainment, Harrah's, Massachusetts, Mohegan Sun, Sam Nazarian, Steve Wynn, The Strip | Comments Off on Too much amount of wrong; Big deal in Boston

For sale: One casino, slightly used

Posted on July 9, 2014 by David McKee

Having walked into a PR buzzsaw with its announced closure of the Showboat, in Atlantic City, owner Caesars Entertainment is trying to salve the wound. “We’re willing to sell if we receive a reasonable offer from a responsible buyer,” said company … Continue reading →

Posted in Atlantic City, Hard Rock International, Harrah's, Macau, New York, Revel, Tourism, Transportation | 1 Comment