Author Archives: David McKee

About David McKee

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Bad timing

Posted on November 21, 2012 by David McKee

Is it any wonder that Trump International and other Donald Trump-branded hotels are struggling when they wait until the day before Thanksgiving to blast this offer to their customer base? Wouldn’t you think people had made their Black Friday and … Continue reading →

Posted in Current, Donald Trump, Marketing, The Strip, Tourism | 4 Comments

Lou Lang up to old tricks; Dog-and-pony show at Sahara

Posted on November 20, 2012 by David McKee

For months, state Rep. Lou Lang (D-Skokie), has been threatening to push an enormous gambling expansion through the Illinois Legislature during its lame-duck session. He says he’s “getting very close” but we’ve heard that kind of braying from Lang previously. … Continue reading →

Posted in Architecture, Carl Icahn, Cosmopolitan, Current, Entertainment, Fontainebleau, George Maloof, Harrah's, Illinois, MGM Mirage, Politics, Racinos, Regulation, Sahara, Sheldon Adelson, Slot routes, Steve Wynn, The Strip, Tourism, Transportation | 4 Comments

More Tales of Trump; Tribes vs. Tribes

Posted on November 20, 2012 by David McKee

Penn Jillette, never known for circumspection, has a field day with Donald Trump in his latest tome, Every Day is an Atheist Holiday. Like any patriotic American, he can’t resist a pot-shot at Trump’s combover, which is described as resembling … Continue reading →

Posted in California, Charity, Donald Trump, Regulation, Tribal, TV | 1 Comment

Wynn cashes out; X Train back on track; Newport Grand out of luck

Posted on November 19, 2012 by David McKee

Caught between the twin hazards of prospective higher taxes on investment income and the looming fiscal cliff, Steve Wynn made headlines today with his $750 million Thanksgiving special dividend, which ought to help pay for all those Black Friday purchases … Continue reading →

Posted in California, Downtown, Election, Penn National, Racinos, Steve Wynn, Tamares Group, Taxes, Transportation, Wall Street | 1 Comment

Right idea, wrong place?

Posted on November 19, 2012 by David McKee

Las Vegas is a city whose attractions feature the eat-at-your-own-risk Heart Attack Grill. It’s also got no shortage of vast, empty spaces waiting to be filled. So it would have seemed inevitable had Guy Fieri chosen to open a three-story, … Continue reading →

Posted in CityCenter, Current, Dining, New York, The Strip, TV | 3 Comments

A tale of two Penns

Posted on November 16, 2012 by David McKee

Update: Seeking Alpha’s Brad Thomas has run the numbers on the Penn split and doesn’t like the risk/reward scenario. Fifteen years and many consolidations ago, the casino industry was seized by a brain fever. It was set off by the … Continue reading →

Posted in Ameristar, Colorado, Cordish Co., Harrah's, history, Indiana, International, Kansas, Louisiana, Maine, Maryland, MGM Mirage, Ohio, Pennsylvania, Racinos, Regulation, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, Texas, The Strip, Tribal, Wall Street | 2 Comments

Quote of the Day

Posted on November 16, 2012 by David McKee

“I just don’t get it: How can Hostess go out of business in the land of the fattest asses on the planet? That’s like the French quitting wine and cheese making, or Hawaiians giving up on surfboards. It’s a world … Continue reading →

Posted in Current | 1 Comment

Louisiana be crazy; Maryland: If you can’t beat ’em …; Revel on the ropes

Posted on November 15, 2012 by David McKee

Casino revenues in the Pelican State were up 2% last month, entirely upon the strength of Pinnacle Entertainment‘s L’Auberge Baton Rouge (above). It propelled the Baton Rouge market 58% upward, grossing $11 million at the expense of Argosy Baton Rouge … Continue reading →

Posted in Atlantic City, Boyd Gaming, CityCenter, Cordish Co., Current, Economy, Election, Harrah's, Iowa, Louisiana, Maryland, Penn National, Pinnacle Entertainment, Racinos, Revel, Taxes, Wall Street | 4 Comments

Quote of the Day

Posted on November 15, 2012 by David McKee

“Players are no longer loyal, they simply go where they get the best price. They are shoppers who flit from one store to another, looking for bargains, giveaways, closeouts, going-out-of-business sales. And guess who taught them to do it? That’s … Continue reading →

Posted in Economy, Marketing | 1 Comment

New cowgirl in town; “Zarkana” opens quietly

Posted on November 15, 2012 by David McKee

There may be a new Cirque du Soleil production show at Aria but it’s been drowned out in the thundering hooves and comparable hype that marked Shania Twain‘s arrival at Caesars Palace. It was quite a sight: 20 horses and … Continue reading →

Posted in Cirque du Soleil, CityCenter, Current, Entertainment, Harrah's, MGM Mirage, The Strip, Tourism | 1 Comment

Smooth transition at Bally; Trumpalypse in Toronto

Posted on November 14, 2012 by David McKee

Late-breaking stories usually bode ill but it’s nothing of the sort at Bally Technologies, where a transfer of power was announced during the waning hours of the day. CEO Richard Haddrill (left) steps aside and up, moving to chairmanship of … Continue reading →

Posted in Bally Technologies, Current, Donald Trump, International, Wall Street | Comments Off on Smooth transition at Bally; Trumpalypse in Toronto

Strange but sad and true

Posted on November 14, 2012 by David McKee

At first, I thought this news item and the accompanying video report were pure fantasy. Alas, truth proves stranger than fiction once again and we could be looking at the audio equivalent of the dreaded Christmas fruitcake. In previews since … Continue reading →

Posted in Current, Entertainment, Planet Hollywood, The Strip | Comments Off on Strange but sad and true

Missouri: Penn vs. Penn; Pinnacle debacle deepens

Posted on November 13, 2012 by David McKee

This just in: It’s another winning strategy from those gaming-industry masterminds at Colony Capital. God forbid you’re playing at the Atlantic Club and work up an appetite. Or did Tom Barrack hear about “Stiff of the Year” and wants to … Continue reading →

Posted in Ameristar, Atlantic City, Colony Capital, Colorado, Dining, Economy, Election, Genting, Harrah's, Illinois, International, Isle of Capri, Kansas, Marketing, Maryland, Missouri, Movies, Penn National, Pinnacle Entertainment, Regulation, Sheldon Adelson, Singapore, The Strip, Tourism, Wall Street | 2 Comments

Un-Lucky by any name; Shame on Trump Entertainment

Posted on November 13, 2012 by David McKee

Since there is no problem in today’s America too trivial to be resolved with gunplay, let the record show that 31-year-old Kevin Jones Jr. was mortally wounded at the Lucky Club Casino early this morning. Jones was pronounced dead at … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Economy, Environment, MTR Gaming, North Las Vegas, Regulation, Steve Wynn | Comments Off on Un-Lucky by any name; Shame on Trump Entertainment

Wynn comes to Philadelphia … again; Atlantic City: About as expected

Posted on November 12, 2012 by David McKee

Now we know why Steve Wynn was careful to mend fences with Philadelphia Mayor Michael Nutter (below) in 2010 when negotiations to take over the doomed Foxwoods Casino Philadelphia project abruptly feel apart and Wynn skipped town. He’s back with … Continue reading →

Posted in Atlantic City, Baseball, Colony Capital, Cordish Co., Current, Donald Trump, Economy, Harrah's, Maryland, Neil Bluhm, Penn National, Pennsylvania, Politics, Regulation, Revel, Steve Wynn, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | Comments Off on Wynn comes to Philadelphia … again; Atlantic City: About as expected

D, Trop try something different; Cannibalization comes to Ohio

Posted on November 12, 2012 by David McKee

Nothing says ‘November in Las Vegas‘ quite like a beach club. Yes, after unending delays, Nov. 16 is the date certain for the opening of Bagatelle Beach & Supper Club. If Bagatelle does, as promised, deliver “afternoons that transport guests … Continue reading →

Posted in Alex Yemenidjian, Current, Dan Gilbert, Derek Stevens, Downtown, Economy, Entertainment, Harrah's, Marketing, MTR Gaming, Ohio, Penn National, Racinos, The Strip | Comments Off on D, Trop try something different; Cannibalization comes to Ohio

Pinnacle’s Vietnamese quagmire; Caesars’ South American pullback

Posted on November 12, 2012 by David McKee

Last Friday, Pinnacle Entertainment tiptoed out with a little bombshell that may have detonated into your e-mail or stock portfolio. In brief: Vietnam‘s planned Ho Tram Strip casino resort is in deep shit. As a 26% owner of the project, … Continue reading →

Posted in Architecture, Current, Dan Gilbert, Harrah's, International, Marketing, Maryland, MGM Mirage, Ohio, Pinnacle Entertainment, Wall Street | 1 Comment

Wake up with Loveman; More election aftermath

Posted on November 8, 2012 by David McKee

No sooner were Wall Street analysts uttering serious concerns about a slow post-Sandy recovery for Atlantic City than who should pop up on CBS This Morning but Caesars Entertainment CEO Gary Loveman, doing damage control … It’s hard to decide … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Dan Gilbert, Donald Trump, Economy, Environment, Harrah's, Internet gambling, Kentucky, Massachusetts, Pennsylvania, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Transportation, TV, Wall Street | Comments Off on Wake up with Loveman; More election aftermath

Election wrap-up: Winners & losers

Posted on November 7, 2012 by David McKee

But first, because it will never, ever get old … Also this, from @daveweigel: “[Florida] exit poll: Obama winning Jewish vote by 40 points. 40 points. Nice work, Sheldon Adelson.” We’ll tap dance on Sheldon’s head some more further down, … Continue reading →

Posted in Atlantic City, Colony Capital, Colorado, Cordish Co., Cretins, Current, Donald Trump, Economy, Election, Florida, Goldman Sachs, Harrah's, International, Internet gambling, Maine, Marketing, Maryland, Massachusetts, Minnesota, Pennsylvania, Politics, Racinos, Sheldon Adelson, Shuffle Master, Steve Wynn, Tribal, TV, Wall Street, West Virginia | 4 Comments

L-O-S-E-R

Posted on November 7, 2012 by David McKee

Sorry, Sheldon Adelson, but American democracy is not for sale to the highest bidder. Now go back to doing what you do best: opening overseas casino markets … far overseas, preferably.

Posted in Current, Election, Sheldon Adelson | 2 Comments