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Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- Sibella scandal spreads; Supremes forestall Seminoles - 56,735 views
- You can’t fix stupid; Good-bad news on the bayou - 56,624 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,978 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,912 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,892 views
- Profit vs. investment on the Strip - 1,055,421 views
- Lame nag; Frissora overpaid? - 578,683 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,562 views
- That casino smell - 63,669 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,493 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 58,095 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,443 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 57,134 views
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Author Archives: David McKee
No cannibalization in K.C.!; Nebraska: Phhhhhttt!
February numbers are in for Hollywood Casino at Kansas Speedway and it lifted the entire K.C. market 24%, grossing $15 million in 26 days. Once the Hollywood effect is sifted out of monthly revenues, all other casinos were down only … Continue reading
Posted in Ameristar, Current, Harrah's, Horseracing, Isle of Capri, Kansas, Missouri, Nebraska, New York, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Wall Street
Comments Off on No cannibalization in K.C.!; Nebraska: Phhhhhttt!
Quote of the Day
“It’s got some casinos but it’s pretty dirty … It was what it was.” — Laughlin, as described by a spectator at Saturday’s Texas Rangers/Chicago Cubs game at Cashman Field. (The Rangers vaporized the Cub bullpen, which surrendered 11 runs … Continue reading
One born every minute
Wall Street‘s appetite for risk knows no bounds. True, year-end numbers from MGM Resorts International contain cause for confidence, including 8% higher domestic gambling revenue and 10% improved room revenues. However, MGM’s still sitting atop a $13.5 billion powder keg … Continue reading
Posted in CityCenter, Culinary Union, Current, Dubai, G2E, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Politics, Racinos, Taxes, Wall Street
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End of an era; Butera: Down is the new up
Bunny blues. Given the travails affecting Hugh Hefner‘s eroding PEI empire — including a recent abandonment of its Chicago offices and spinoff of its Cyber Club — it was only a matter of very little time before the Palms’ franchised … Continue reading
Posted in Current, Entertainment, George Maloof, International, Marketing, Massachusetts, Rhode Island, The Strip, Tribal, Wall Street
Comments Off on End of an era; Butera: Down is the new up
Penn and Pennsylvania; Trop’s big screwup; Louisiana’s big month
A racetrack isn’t something you just pick up and relocate. However, Penn National Gaming has been given the go-ahead by the State of Ohio to “move” its Beulah Park and Raceway Park to, respectively, Youngstown and Dayton. They are presently … Continue reading
Dan Lee calls it quits; Who let Big Dawg’s out?
Having seen the handwriting on the wall, Dan Lee has sold his Creative Casinos of Louisiana to regional rival Ameristar Casinos for a measly $32.5 million. Bankers were having difficulty computing Lee + Lake Charles = Mojito Pointe. Financing prospects … Continue reading
Rio: The big gundown; CityCenter: The big showdown
While Caesars Entertainment struggles to rid itself of dilapidated The Rio, it’s attracted another problem that will diminish its “curb appeal.” A gang-related gun battle erupted in the wee hours of Sunday morning atop The Rio’s parking garage. At least … Continue reading
Posted in Alabama, Architecture, CityCenter, Current, Harrah's, MGM Mirage, The Mob, The Strip, Tribal
3 Comments
Quote of the Day
“Whether it’s Paris Hilton or Kim Kardashian or whoever, stupidity is certainly celebrated. Being a fucking idiot is a valuable commodity in this culture because you’re rewarded significantly.” — Jon Hamm, star of Mad Men (returns March 25!) on the … Continue reading
Posted in Donald Trump, Entertainment, TV
3 Comments
Ask Andy!
Now I know you guys have a high level of interest in — and affection for — the Riviera. How about if I told you that I’ll be interviewing Riv President Andy Choy tomorrow morning? And that he’s agreed to … Continue reading
Posted in Current, Riviera, The Strip
15 Comments
Gambling makes strange bedfellows; Two kinds of Trop trouble
Earlier today, we witnessed the strange spectacle of a capitalist decrying the effect of market forces upon his business. It’s an indirect reminder that casinos are that rare issue which brings together the old maids of the far left and … Continue reading
Atlantic City: Low prices and high dudgeon
That shriek of dismay you hear from the direction of Atlantic City is the screech of hotelier Curtis Bashaw (left). What is the cause of his umbrage? The discovery that a hotel room in A.C. can be had for as … Continue reading
R.I.P., Dennis Gomes; Casino avalanche in Michigan; Life after UIGEA
There are few real characters in the casino industry anymore. Dennis Gomes (1944-2012) was one of them. His recent death put a premature “full stop” on one of the most colorful and wide-ranging careers gaming has seen. After all, how … Continue reading
Posted in Atlantic City, Colony Capital, Dennis Gomes, Detroit, Donald Trump, Economy, Election, Harrah's, history, Illinois, International, Internet gambling, Marketing, MGM Mirage, Movies, Ohio, Penn National, Pokergeddon, Politics, Problem gambling, Regulation, The Mob, The Strip, Tribal
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Wynn vs. Okada: Shooting the messenger; Ship of fools
Stung by accusations from Wynn Resorts that erstwhile Shareholder #1 Kazuo Okada had been greasing palms at PAGCOR, prompt action was taken by the Philippines House Committee on Games & Amusements. It promptly banned … Steve Wynn. This comical, “circle … Continue reading
The whales of January; Shrinking Hooters
Baccarat win on the Las Vegas Strip began the year heavy ($194 million) and dramatic, up 199% from 2011. The whales were back in force, dropping 163% more than the previous January, putting $1.6 billion in play. An early Chinese … Continue reading
Posted in Boulder Strip, Boyd Gaming, California, Current, Downtown, Economy, Entertainment, Hooters, Lake Tahoe, Laughlin, Movies, North Las Vegas, Reno, Tribal, Wall Street
2 Comments
Vegas gets its groove back; “Zarkana” comes to Aria
In terms of quantity, quality and proximity, the Los Angeles Times is the closest thing Las Vegas has to a major metropolitan daily. (Hell, the Sacramento Bee puts the Las Vegas Review-Journal to shame.) Indeed, the LAT treats Sin City … Continue reading
Posted in Animals, Architecture, Arizona, Boyd Gaming, California, Cirque du Soleil, CityCenter, Cosmopolitan, Dining, Donald Trump, Downtown, Entertainment, Harrah's, history, Macau, MGM Mirage, Movies, Phil Ruffin, Sheldon Adelson, Steve Wynn, Tamares Group, The Strip, Tourism
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Gaughan expands empire … and sundry other Case Bets
Having already taken charge of the hotel operations of the JW Marriott Las Vegas Resort & Spa (for historical purposes, best known as The Resort at Summerlin) last summer, Michael Gaughan Jr. will now extend his operational control to its … Continue reading
Posted in Current, Dining, Entertainment, Georgia, Harrah's, International, Macau, MGM Mirage, Michael Gaughan, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tourism
Comments Off on Gaughan expands empire … and sundry other Case Bets
Adelson to sign “Mormon”? What is “theD”?
Las Vegas‘ new performing arts palace, The Smith Center, has opened coveted the Broadway hit, The Book of Mormon. However, a heavyweight competitor could snatch Mormon from under Smith CEO Myron Martin‘s nose. Rumor has Las Vegas Sands in the … Continue reading
Posted in Current, Downtown, Entertainment, Harrah's, history, MGM Mirage, Sheldon Adelson, Sports, The Strip
10 Comments
Biloxi: Isle out, Landry’s in; Grind joints come to Atlantic City
Not even a rocky start in Atlantic City has cooled the ardor of Landry’s Restaurant CEO Tilman Fertitta for new casino acquisitions. Earlier today Landry’s announced that it had bought Isle Casino Hotel, putting Fertitta into the Biloxi market. The … Continue reading
