Author Archives: David McKee

About David McKee

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Quote of the Day

Posted on February 26, 2014 by David McKee

““As it moves forward, there’ll be no shortage of bad blood, sniping and hired guns. It’ll get ugly because the stakes are so high. People have already spent millions of their own money.” — John D. Sabini, former chairman of the … Continue reading →

Posted in Cordish Co., New York, Penn National | Comments Off on Quote of the Day

Florida: Go big or go home

Posted on February 25, 2014 by David McKee

It’s casino expansion time again in Florida, where a major change of the status quo has been unveiled in the state Senate. Pending local approval, Miami-Dade County would get one megaresort (minimum investment: $2 billion) and Broward County would get … Continue reading →

Posted in Boyd Gaming, Current, Donald Trump, Florida, Genting, Politics, Racinos, Regulation, Sheldon Adelson, Tribal | Comments Off on Florida: Go big or go home

Penn, Cordish ready to rumble in Massachusetts, New York

Posted on February 25, 2014 by David McKee

It seems just yesterday that applicants for slot parlor licensees were kicking the tires in Massachusetts and that Suffolk Downs threw its hat into the racino ring. And here we are today, with the Massachusetts Gaming Commission beginning deliberations on … Continue reading →

Posted in Architecture, Cordish Co., Massachusetts, Mohegan Sun, New York, Penn National, Politics, Racinos, Regulation | Comments Off on Penn, Cordish ready to rumble in Massachusetts, New York

Nugget strikes gold; Hailing Caesars

Posted on February 25, 2014 by David McKee

One casino’s misery is another’s good fortune. The Golden Nugget in Atlantic City says it’s being swamped with new business ever since Caesars Entertainment and Tropicana Entertainment conspired to the euthanize the Atlantic Club. According to General Manager Tom Pohlman, … Continue reading →

Posted in Architecture, Atlantic City, Cordish Co., Delaware, Downtown, Economy, Harrah's, Internet gambling, Maryland, MGM Mirage, Taxes, The Strip, Tilman Fertitta, Tropicana Entertainment | 1 Comment

Across the Pacific

Posted on February 25, 2014 by David McKee

Rash or merely aggressive? That’s the question now that MGM Resorts International CEO Jim Murren has vowed to match Las Vegas Sands‘ Japanese investments dollar for dollar — as much as $10 billion. “We will overinvest early on to ensure, … Continue reading →

Posted in Harrah's, history, Japan, Macau, Maryland, MGM Mirage, Ohio, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off on Across the Pacific

Of India and Indians

Posted on February 24, 2014 by David McKee

Nevada tourism officials are looking beyond China and toward India. It’s country of 50 million passports and Lt. Gov. Brian Krolicki would like to capture more of them and more of the 600,000 Indians who visited the U.S. last year. … Continue reading →

Posted in International, Internet gambling, Kentucky, Pokergeddon, Tourism | Comments Off on Of India and Indians

Quote of the Day

Posted on February 24, 2014 by David McKee

“Unfortunately with this big influx of cash, [gaming] has tended to create a monoculture of economic development. The main economic development was always in gaming.” — Oneida/Menominee blogger Leah Sue Dodge, commenting on the vast economic disparity among Wisconsin‘s gambling-enabled tribes.

Posted in Election, Tribal, Wisconsin | Comments Off on Quote of the Day

Kansas City story

Posted on February 24, 2014 by David McKee
Posted in Harrah's, Missouri, Pinnacle Entertainment | Comments Off on Kansas City story

Wild, wild East

Posted on February 24, 2014 by David McKee

In the absence of a strong regulatory apparatus, Maryland Live, at Arundel Mills, is taking matters into its own hands. A 200-strong security force and a Batcave of surveillance technology search for the slightest nuance of untoward conduct. “A number of … Continue reading →

Posted in Atlantic City, Cordish Co., Economy, Japan, Maryland, Sheldon Adelson, Technology | Comments Off on Wild, wild East

Hey, big spenders

Posted on February 21, 2014 by David McKee

MGM Resorts International has only just handing in its plans for National Harbor, near Washington, D.C., and already the tin cups are rattling. The project doesn’t sound half-fancy: “a 300-suite glass-tower hotel, 3,600 slot machines, 140 gaming tables, a concert … Continue reading →

Posted in Economy, Maryland, Massachusetts, MGM Mirage, Regulation | Comments Off on Hey, big spenders

Sheldon’s boys; Tough questions for the industry

Posted on February 21, 2014 by David McKee

Improbably, Sheldon Adelson has found two U.S. senators to carry water for him on Capitol Hill as he tries to stem the tide of Internet gambling. Both Sen. Dean Heller (R) and Sen. Harry Reid (D) are working to reinstate … Continue reading →

Posted in Culinary Union, Harrah's, Harry Reid, Illinois, Internet gambling, Massachusetts, MGM Mirage, Politics, Problem gambling, Regulation, Sheldon Adelson, Technology | Comments Off on Sheldon’s boys; Tough questions for the industry

Case Bets: GLPI, Macao, Louisiana, Ely

Posted on February 21, 2014 by David McKee

Gaming & Leisure Properties, parent company of Penn National Gaming, held its first conference and discussed what Deutsche Bank‘s Carlo Santarelli, in a Freudian slip, called “key tenants [sic] of the … bull case.” We’re already seeing how GLPI intends … Continue reading →

Posted in Boyd Gaming, Harrah's, Isle of Capri, Louisiana, Macau, Missouri, Penn National, Pinnacle Entertainment, Regulation, Wall Street | Comments Off on Case Bets: GLPI, Macao, Louisiana, Ely

A vote for Leominster; Lopsided race at Suffolk Downs

Posted on February 20, 2014 by David McKee

Describing Leominster as “highly self-contained,” Innovation Group has recommended it for Massachusetts‘ lone slot license. While it may have been independently commissioned by the North Central Massachusetts Chamber of Commerce, the contents of the study will be music to the ears … Continue reading →

Posted in Cordish Co., Economy, Election, Greenwood Racing, Massachusetts, Mohegan Sun, Penn National | 1 Comment

Macao: Who’s the boss?; Iowa racing, gone to the dogs

Posted on February 20, 2014 by David McKee

Jim Murren, Steve Wynn and Sheldon Adelson may find themselves held hostage to the temper of Sino-American relationships, if chatter from Chinese sources holds true. It’s being put about that casino concessions could be shortened to five years. Stocks of … Continue reading →

Posted in Animals, Harrah's, Internet gambling, Iowa, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn | Comments Off on Macao: Who’s the boss?; Iowa racing, gone to the dogs

And then there were three; Atlantic City under pressure again

Posted on February 20, 2014 by David McKee

Nevada gaming authorities will have to start reporting the Silver State’s online-gambling revenue now that South Point has entered the lists under its Real Gaming banner. (We won’t get the numbers until late March.) The site ” is offering tournament play … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Entertainment, Florida, Harrah's, Internet gambling, Michael Gaughan, Regulation, Station Casinos, The Strip, Tribal | Comments Off on And then there were three; Atlantic City under pressure again

MGM impresses Wall Street

Posted on February 19, 2014 by David McKee

MGM Resorts International didn’t meet Wall Street‘s consensus for the last quarter of 2013, losing eight cents a share instead of earning $0.07 EPS. But analysts were in a forgiving mood. After all, the company had lost $2.50 a share just … Continue reading →

Posted in Atlantic City, CityCenter, Economy, Japan, Maryland, Massachusetts, MGM Mirage, The Strip, Wall Street | Comments Off on MGM impresses Wall Street

Sands: Hacked and heckled

Posted on February 19, 2014 by David McKee

If Sheldon Adelson hasn’t come to regret his ‘nuke Iran‘ rant he may soon do so. While Las Vegas Sands struggles to make its Web sites fully functional again, Adelson’s cyber-tormentors are taking a victory lap. A “Zhao Anderson” posted … Continue reading →

Posted in Florida, Geoff Freeman, Internet gambling, Movies, Politics, Sheldon Adelson, Technology | Comments Off on Sands: Hacked and heckled

Wranglers find new home; Riding El Loco

Posted on February 19, 2014 by David McKee

Having been turfed out of The Orleans, the Las Vegas Wranglers hockey team has been bereft of a home. But they’ve paired up with Tamares Gaming in an unusual move. The Wranglers — rink, stands, zamboni and all — will … Continue reading →

Posted in Bally Technologies, Boyd Gaming, Downtown, Entertainment, MGM Mirage, New York, Racinos, Sports, Tamares Group, Technology, The Strip | Comments Off on Wranglers find new home; Riding El Loco

Venetian restored; Mobile gaming ascendant

Posted on February 18, 2014 by David McKee

One of the 19th century’s greatest minds was dragged kicking and screaming back into the 21st century when Las Vegas Sands fully restored its Web sites. No more horse-and-buggy rides or reading by candlelight for Sheldon Adelson. It’s back to … Continue reading →

Posted in Atlantic City, Boyd Gaming, Internet gambling, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment | Comments Off on Venetian restored; Mobile gaming ascendant

Shilling for Adelson; Saturation comes to Pennsylvania

Posted on February 18, 2014 by David McKee

After the 9/11 attacks, New York State then-Gov. George Pataki (R) was only to push casinos through as a form of economic stimulus. Now he’s a sock puppet for Sheldon Adelson, preaching the evils of Internet casinos. He’s been parroting … Continue reading →

Posted in Cannery Casino Resorts, Greenwood Racing, Harrah's, Isle of Capri, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Politics, Problem gambling, Sheldon Adelson | Comments Off on Shilling for Adelson; Saturation comes to Pennsylvania