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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Author Archives: David McKee
Crazy from the heat
Nothing seems to bring the crazies out like living in Las Vegas, as these two domestic terrorists prove.
Posted in Current
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Quote of the Day
“Hollywood has a way of glamorizing everything up to and including vampires. This is a movie that highlights a part of the Internet that has real downside unless governments act.” — MGM Resorts International spokesman Alan Feldman on the new … Continue reading
Posted in Internet gambling, MGM Mirage, Movies
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Atlantic City: Half-full or half-empty?; Crosby tips his hand
It depends on which newspaper you read. The Press of Atlantic City took the half-full route, focusing on the profits made by eight of the city’s dozen casinos. The Associated Press pointed to the narrowing margin of aforesaid gross-operating profitability. … Continue reading
Quote of the Day
“Bill Harrah absolutely wanted to have the best and nicest facilities. Harrah’s Lake Tahoe was a five-star hotel when I worked for them. The facilities had to be spotless, they had to be clean … and the service had to … Continue reading
Wackiest casino promotion ever
This Muscogee Creek Casino spot speaks for itself, although I have to say it’s a lot more fun than the casino commercials that are run in Las Vegas (“Table games! Rewards!” Zzzzzzzzz …)
Troubling trend in Mississippi; Caesars pleads poverty
Evidence of casino saturation in the U.S. (and economic malaise) continues to mount. Following a 6% dropoff in Mississippi casino revenues for July, the Biloxi Sun-Herald‘s Mary Perez was moved to examine a larger trend. Here’s what she found in … Continue reading
Wynn hearts Atlantic City; A pointless election
Update: Penn National Gaming has been tipped as a potential buyer for disqualified Plainridge Racecourse. The city has already scheduled a Sept. 10 vote on a slot parlor, so Penn would have less than three weeks to negotiate the essential … Continue reading
Better late than never in A.C.
Under the leadership of the Atlantic City Alliance, the Boardwalk is finally getting its act together. (Makes you feel like a proud papa, doesn’t it?) Now through 2016, the ACA will offer $1 million in annual subsidies to conventions. The … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Economy, Florida, Macau, Racinos, Revel, Tourism
1 Comment
Another reason to hate Allegiant; Fertitta gets an “F”
That airline that charges you for checking bags, then floated the idea of charging you for not checking bags has found yet another way to screw its customers, as a planeload of them discovered last weekend in Las Vegas. Yes, … Continue reading
Posted in Atlantic City, Downtown, Laughlin, Mississippi, Tilman Fertitta, Tourism, Transportation
4 Comments
Penn loses yet again; Weirdest story of the year
In a stunning setback, voters in Tewksbury, Massachusetts, have decided they don’t want any part of a Penn National Gaming slot parlor. By a very wide margin, they nixed the project, thereby reducing the field of competitors to three: Raynham … Continue reading
Posted in Animals, Current, Election, Foxwoods, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Movies, Penn National, Politics
1 Comment
Case Bets: Walker’s wager; “e” on the QT; Blue no more
One of the nation’s largest tribal casinos, Potowatomi Bingo, in Milwaukee, has been caught by the economic malaise that is dogging so many of the nation’s casinos. Although Potowatomi defied the Great Recession, peaking in 2009 and rebounding after a … Continue reading
Posted in Boulder Strip, Cosmopolitan, Dining, Downtown, Economy, North Las Vegas, Politics, The Strip, Tribal
2 Comments
Quote of the Day
“You still have a consumer that is very careful about their spending. Many markets are seeing a point of saturation. Some new casinos are not growing the market — they’re just cannibalizing the existing market.” — Fitch Ratings analyst Michael … Continue reading
Posted in Economy
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Boston briefs: Caesars gets the vote out, etc.
In the face of iffy local support for its Suffolk Downs project, Caesars Entertainment has surrogates going door to door in East Boston, selling voters on the proposal’s virtues. Given the Latino majority among Easties, that’s where Caesars is targeting … Continue reading
St. Louis: Pinnacle out, Icahn in; Cosmo’s death wish
After fielding several offers, Pinnacle Entertainment has liquidated Lumiere Place Casino and its affiliated Four Seasons hotel to … Carl Icahn. Uncle Carl spent $260 million to close the deal. Considering that the book value of Lumiere Place is $401.5 … Continue reading
Quote of the Day
“The U.S. market is getting to the point where it’s robbing Peter to pay Paul. From the bank’s perspective, it’s ‘if you merge, then you’re just taking money from yourself.’” — the University of Nevada-Reno’s Institute for the Study of … Continue reading
Posted in Economy, Wall Street
2 Comments
Gather ye dividends while ye may
Bally Technologies almost hit the $1 billion mark in revenue ($997 million) during the last fiscal year, which earns it our congratulations. Good work, folks. “We made enormous progress in many different ways, including continued growth in wide-area progressive units, … Continue reading
Posted in Bally Technologies, California, Illinois, International, Regulation, Shuffle Master, Tribal, Wall Street
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Rising son goes to Land of Rising Sun; The man who would be emperor
After a calamitous and incoherent venture into the U.S. gaming industry, James Packer has stuck pretty close to the markets he knows best: Australia and Macao. But he’s feeling his oats again, looking toward Manila, Sri Lanka (which I still … Continue reading
Posted in Genting, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Regulation, Stanley Ho
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This land is their land; Tight money in Pennsylvania
Tribal casinos aren’t just for reservations anymore and it’s becoming a coast-to-coast phenomenon. California legislators already approved one off-reservation casino, to be managed by Station Casinos. The Enterprise Rancheria of the Estom Yumeka Maidu would like to be second. They … Continue reading
Quote of the Day
“It reminds me of the unicycle from The Prisoner.” — my wife, commenting on the progress of the Linq‘s Ferris wheel. Hmmmm. Does this mean that Linq is The Village and Gary Loveman is the new Number Two? I mean, … Continue reading
Coming soon to a Sioux City near you
Don’t scoff: This is serious excitement by Iowa standards, enough to justify relocating the Milwaukee Wiener Shop. Virtually the only unhappy camper is Penn National Gaming, which had its Sioux City license taken away. Contractor Conlon Construction must be no … Continue reading
Posted in Architecture, Current, Hard Rock International, Iowa, Penn National
1 Comment