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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Author Archives: David McKee
The Midwest: First the good news …
Casino revenue in the Buckeye State vaulted 56%, as several new racinos came on line. The not such good news is that Ohio casinos are merrily cannibalizing themselves, down 16% on a year/year basis. Hollywood Columbus, in particular, continues to … Continue reading
Intimidation at Aria; Big sell-off at Wynn
Is Aria getting a little big for its britches? Nevada Gaming Control Board agents say they were harassed at the 4,000-room casino, specifically when trying to monitor the roulette wheel. “The complaint said two state agents who had not identified themselves … Continue reading
Posted in Harrah's, history, Macau, MGM Mirage, New York, Regulation, Steve Wynn
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Pathbreaker
Las Vegas‘ history is incomplete without any mention of Paul Revere Williams, the pathbreaking ‘architect to the stars’ who designed some of Sin City’s most iconic non-casino buildings.
Posted in Architecture, history, The Strip
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Foxwoods on the clock; Japan, land of opportunity
Foxwoods Massachusetts has most of what it needs: money, civic support, a name brand. But it doesn’t have a site. Foxwoods and Fall River have given themselves 30 days to remedy that, a tight timespan, further complicated by the likelihood … Continue reading
Posted in Cordish Co., Foxwoods, Japan, Maryland, Massachusetts, Pennsylvania, Problem gambling
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Penn gets frostbite; Virginia passes up gambling
Caught between harsh weather and a tighter competitive squeeze, Penn National Gaming posted 4Q13 revenues that were 13% down from last year. The $645 million loss drew a surprisingly muted reaction from gaming analysts. The company is already drastically reducing … Continue reading
Posted in California, Louisiana, Macau, Missouri, Ohio, Penn National, Politics, Problem gambling, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Taxes, Wall Street
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Through a looking glass, brightly
So much for my crystal ball. Two projects that I openly doubted are now close to fruition and a third is showing fitful signs of life. (Another, Howard Bulloch‘s Ferris wheel, appears to be being dismantled.) Yesterday, SLS Las Vegas … Continue reading
Posted in Alex Yemenidjian, Cannery Casino Resorts, Entertainment, Hard Rock Hotel, Harrah's, MGM Mirage, Planet Hollywood, Sahara, Sam Nazarian, The Strip, Tilman Fertitta, Tourism, Transportation
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“Million Dollar” hokum
Judging by the sea of happy, AARP-eligible faces behind us (on a Sunday night, too), Harrah’s Las Vegas has a long-term winner in Broadway pickup Million Dollar Quartet. The crowd dug the music, the period outfits, the liberal artistic license … Continue reading
Posted in Entertainment, Harrah's, history
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Penn, Parx fold in Maryland; Home rule in N.Y.?
In a rare moment of grace, Penn National Gaming agreed not to sue Prince George’s County over the award of a Maryland casino project to MGM Resorts International. (As expected, Greenwood Racing also signed away its prerogative to litigate.) Perhaps … Continue reading
Posted in Cantor Gaming, Economy, Greenwood Racing, Macau, Maryland, MGM Mirage, New Hampshire, New York, Penn National, Problem gambling, Regulation, Sports
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Sheldon Adelson vs. the world
A fissure has opened within Big Gaming. Sheldon Adelson‘s efforts to push anti-Internet-casino legislation will be officially opposed by an industry lobby that includes MGM Resorts International. Both MGM and the American Gaming Association are constituents of the Coalition for Consumer … Continue reading
Posted in Economy, Election, Florida, Genting, Internet gambling, MGM Mirage, Politics, Sheldon Adelson, Tribal
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A cautionary tale
Many people think tribal casinos are a panacea, a ‘license to print money.’ They should read the sad story of the defunct Santa Ysabel Casino. It was damned by many factors, including a poor location, small size and an opening … Continue reading
Posted in Arizona, California, Tribal
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The many faces of Steve Wynn
It’s great sport following the tortuous circumlocutions through which Wynn Resorts is putting itself, trying to square its varying positions on Internet gambling. El Steve declared himself against it in an interview with Jon Ralston, although he game himself a … Continue reading
Posted in Atlantic City, Harrah's, Internet gambling, Macau, Massachusetts, Regulation, Steve Wynn
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Super Blowout
And, no, I don’t mean what happened on the field last Sunday at the Super Bowl. Nevada‘s sports books surpassed last year’s record $99 million handle and it wasn’t even close — $119 million. The nearly $20 million in profit … Continue reading
Posted in Architecture, Election, Florida, Foxwoods, Harrah's, history, Massachusetts, Regulation, Sports, The Strip, Tribal
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Quote of the Day
““We’re talking about something that would turn back the clock on states like New Jersey. I’m stunned that this is a position that any attorney general would take. It essentially endorses a federal power grab to come in and tell … Continue reading
Posted in Atlantic City, Internet gambling, Regulation, Sheldon Adelson
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The hypocrisy of Steve Wynn
Like a couple of crotchety codgers sitting in their rocking chairs, Steve Wynn has joined Sheldon Adelson in the “You kids get off my lawn” club when it comes to Internet gambling. (Not that he has allowed this to stop … Continue reading
Posted in Atlantic City, Delaware, Economy, International, Internet gambling, Massachusetts, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes
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Quote of the Day
“Audiences may have had the same reaction I did in my first review of Zarkana. I wrote that the character played by Paul Bisson ‘just seems to be trying so hard to tell us something. As he gesticulates and sings so … Continue reading
Posted in Cirque du Soleil, Current, Entertainment, MGM Mirage
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Super Bowl hits Vegas jackpot; Hope for Caesars overseas
“It was embarrassing, humiliating and unbearable,” but when the Super Bowl was over, Nevada sports books had cleaned up … except for that safety on the first play from scrimmage, costly for the Denver Broncos and the books alike. Heavy … Continue reading
Posted in Aristocrat, Atlantic City, Bally Technologies, Boyd Gaming, Harrah's, International, LVCVA, MGM Mirage, Revel, Sheldon Adelson, Sports, Steve Wynn, The Strip, Tourism
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Quote of the Day
“[Oliver] Cromwell, who claimed to be acting in God’s interest with the more-or-less indiscriminate slaughter of Catholics, was a puritan. He fervently believed in simple dress, simple speech and an end to the cloying fancies of royalty and monarchs. And he … Continue reading
Case Bets: Cromwell, New Jersey, Caesars, Borgata and sundry items
Editor’s note: The origins of the somewhat eccentric name change can be found in the undercurrents of the Pacific Ocean. It’s now a Caesars-owned brand, with the company registering every Cromwellian iteration it can find. Cromwell is the new brand … Continue reading
Posted in Uncategorized
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Double whammy in Beantown, feeding frenzy in Philly
Should casino opponents succeed in getting a repeal of the state’s gambling law onto the November ballot — and win — Massachusetts will lose out on tax revenue it’s booked for the next fiscal year. It may also have to … Continue reading
Posted in Economy, Election, Indiana, Massachusetts, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Taxes
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Buoyancy in Vegas, contentment at Wynn
Despite somewhat less money being dropped on the Las Vegas Strip, revenue was up 13% last December, closing out a strong 4Q13. Statewide, revenue was up 10%, slightly over a billion dollars. Tighter slot hold on the Strip helped fuel … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Downtown, Economy, Lake Tahoe, Laughlin, Macau, Massachusetts, Mohegan Sun, Racinos, Reno, Steve Wynn, Taxes, The Strip, Tribal, Wall Street
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