Author Archives: David McKee

About David McKee

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Revel’s mixed reviews; All systems ‘go’ in Massachusetts

That controversial “You Can’t Lose” promotion being fielded by Revel Resort is a hit with players even as it’s been panned by pundits. “Whoa, Smarty Jones. Not so fast,” cracked one.) The complexity of the deal is even being credited … Continue reading

Posted in Atlantic City, Boyd Gaming, Cordish Co., Illinois, International, Marketing, Massachusetts, Mohegan Sun, Neil Bluhm, Penn National, Revel, Sheldon Adelson, Taxes | 2 Comments

Hope for Caesars; Dopes at Boyd

Perhaps the best thing yet to happen for Caesars Entertainment‘s Suffolk Downs project was a gift from the Massachusetts Gaming Commission. The latter’s chairman, Stephen Crosby, said that surrounding-community agreements would play an important role in choosing which operator gets … Continue reading

Posted in Boyd Gaming, Current, Entertainment, Harrah's, International, Macau, Maryland, Mississippi, The Strip | Comments Off on Hope for Caesars; Dopes at Boyd

Quote of the Day

“The casinos in Ohio are in giving free play a serious test run.  In July, some of the casinos gave away as much as 30 percent of casino “win” in free play  … Those marketing wars are just beginning; over … Continue reading

Posted in Marketing, Ohio | Comments Off on Quote of the Day

Pinnacle’s done deal; Collateral damage from Ho Tram

Federal Trade Commission approval removed the last obstacle to Pinnacle Entertainment‘s takeover of Ameristar Casinos. The acquisition closed straightaway. Pinnacle informed investors that it expects to have a Lumiere Place sale done by autumn, meeting the last of the FTC covenants … Continue reading

Posted in Ameristar, Current, Election, International, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Pinnacle Entertainment, Racinos, Regulation, Tilman Fertitta, Wall Street | 1 Comment

Massachusetts: Small problem for Wynn, big trouble for MGM, Plainridge

Boston still has 10 weeks to reach terms with Suffolk Downs on a billion-dollar racino. That may explain Caesars Entertainment‘s apparent lack of urgency in reaching a host-community agreement. Beantown Mayor Thomas Menino‘s administration seems to be expending considerably more … Continue reading

Posted in Atlantic City, California, Cordish Co., Current, Harrah's, Marketing, Maryland, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Regulation, Steve Wynn, Tomato King Procacci, Tribal | Comments Off on Massachusetts: Small problem for Wynn, big trouble for MGM, Plainridge

Murren disses Adelson; Caesars bows out of Macao; Clerical choler

“Maybe because he’s rich he thinks people care about what he has to say. It’s obvious we know Las Vegas better than he does.” With those wordsMGM Resorts International CEO Jim Murren laid a surprisingly blunt smackdown on Las Vegas … Continue reading

Posted in Current, Florida, Harrah's, James Packer, Lawrence Ho, Macau, Massachusetts, MGM Mirage, Problem gambling, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Wall Street | 3 Comments

Quote of the Day

“The level of detail here goes into such things as regulations on roulette balls.” — Massachusetts Gaming Commissioner James McHugh on policies being formulated in the Bay State.

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

Saturday night in Vegas

This weekend brought a quartet of UFOs to our fair city. Paging Area 51 …

Posted in Current | Comments Off on Saturday night in Vegas

Quote of the Day

“I think the Macau government has made it very clear that it will treat every junket application in a fair and equitable way. So if anybody gets a licence I don’t see any problem for any of the concessionaires to … Continue reading

Posted in Macau, Regulation, Stanley Ho, The Mob | Comments Off on Quote of the Day

July in A.C.: Borgata, Revel triumphant; Cosmo: The right amount of ‘Why?’

Last month was good for Atlantic City in the sense that revenue was only 4% off last year’s pace. The upper-tier properties fared exceptionally, with Borgata ascending 19%, driven by a two-third increase in table win, and Revel, fueled by … Continue reading

Posted in Atlantic City, Boyd Gaming, Cosmopolitan, Current, Donald Trump, Economy, Harrah's, Marketing, Mohegan Sun, Revel, The Strip, Tropicana Entertainment | 2 Comments

Mother’s Days

My mother, Rev. Linda Maloney (seen here with the best mascot in all of sports) is in town for the next 36 hours, so I’ll be powering down S&G for a day or so. Never having seen Hoover Dam up … Continue reading

Posted in Current, Entertainment, Tourism | Comments Off on Mother’s Days

MGM’s half-full glass

Today it was MGM Resorts International‘s turn to do the “We didn’t lose as much money as last year” thing. The size of the decrease, at least, was impressive and MGM China produced its best numbers ever. The company’s performance … Continue reading

Posted in CityCenter, Current, Detroit, Economy, Harrah's, Macau, Mississippi, The Strip, Wall Street | 1 Comment

Quote of the Day

“It’s not a bar. It’s a gaming facility.” — James Hockenyos, on why his proposed, four-drink-maximum bar with a slot route in Auburn, Illinois, would not really be a bar. Well, I’m certainly glad we’ve got that cleared up.

Posted in Current, Illinois, Slot routes | Comments Off on Quote of the Day

When you’ve sunk this low …; Mazer returns

When skepticism turns to outright ridicule, the writing is often on the wall for such a folie de grandeur as Howard Bulloch‘s SkyVue wheel … or rather the two, totemic poles that are we are ever likely to see of … Continue reading

Posted in Atlantic City, Current, Downtown, Economy, Harrah's, The Strip | Comments Off on When you’ve sunk this low …; Mazer returns

Massachusetts: First one bites the dust

Turns out the Massachusetts Gaming Commission was damn serious about financial probity being grounds for disqualification. In a ruling on Plainridge Racecourse, it deemed that owner Ourway Realty displayed “a culture of fear and concealment pervasive in the operations,” including former … Continue reading

Posted in Architecture, Colorado, Cordish Co., Current, Environment, M Resort, Massachusetts, Neil Bluhm, Penn National, Phil Ruffin, Regulation | 2 Comments

Tilman’s Golden touch; Dotty’s gets respectable

Tilman Fertitta forked over $45 million to purchase Isle of Capri Biloxi. He is currently putting another $100 million into expansions and upgrades. From the look of things, he shouldn’t have any trouble making his money back. (Interestingly, parts of … Continue reading

Posted in Architecture, Boulder Strip, Current, Downtown, Economy, Environment, Internet gambling, Isle of Capri, Laughlin, Mississippi, Planet Hollywood, Riviera, Tilman Fertitta | 3 Comments

Quote of the Day

I’ve been listening to National Public Radio since 1975 but this Family Guy parody made me laugh until it hurt — then laugh some more. Enjoy.

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Cosmo plunges again; Nevada signals surrender

Would somebody please sack the so-called casino management and marketing staff at The Cosmopolitan of Las Vegas. Everything at the Cosmo is improving except the gambling floor, which took a 20% nosedive in 2Q13, to $31 million. Losses were 25% … Continue reading

Posted in Atlantic City, Colony Capital, Cosmopolitan, Current, Dining, Internet gambling, Macau, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Mob, The Strip | 5 Comments

Quote of the Day

“China: A backward country with no minimum wage, safety and environmental regulations, civil rights, or workers’ rights … which the United States should start imitating as soon as possible. Not really Communist any more (see Business Friendly).” — very true and … Continue reading

Posted in Macau, Sheldon Adelson, Steve Wynn | Comments Off on Quote of the Day

What’s new in Sparks?; Tomato King strikes again; Bluhm’s bad luck

Arising from the grave of the Silver Club, the brand-new Bourbon Square Casino was finished just in the nick of time for yesterday’s opening. Owner Nevada Casino Holdings has done well, delivering a “new” casino for just $5 million. It … Continue reading

Posted in Boulder Strip, Columbia Sussex, Current, Don Barden, Laughlin, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Reno, Station Casinos, Steve Wynn, Tomato King Procacci | Comments Off on What’s new in Sparks?; Tomato King strikes again; Bluhm’s bad luck