Author Archives: David McKee

About David McKee

Bio

Is MGM Grand Detroit too successful for its own good?

From a labor-relations standpoint, yes. Although workers at Greektown Casino were quick to ratify a new collective-bargaining agreement, closely followed by MotorCity Casino, it was a different story across town. Employees of MGM Grand Detroit decided their union reps were … Continue reading

Posted in Atlantic City, Current, Detroit, Economy, Election, MGM Mirage, New York, Penn National, Racinos, Sheldon Adelson, Sports, Tourism, Wall Street | 1 Comment

Who needs “Tower Heist”?

Here at S&G HQ, we try to offer a video goodie every Friday. This week we ask the question, why plunk down 10 hard-earned bucks for cheesebag Brett Ratner‘s Tower Heist when you could hold out for … Stealing Las … Continue reading

Posted in Current, Downtown, Economy, Movies, Tamares Group | Comments Off on Who needs “Tower Heist”?

Quote of the Day

“I have since decided that you can teach ethics … but you can’t teach behavior. People will do what people will do. And so it behooves us to pay attention to our employees’ beliefs and values. Because that is where … Continue reading

Posted in Uncategorized | Comments Off on Quote of the Day

Station: We love ourselves

If you live in the Las Vegas area, you’ve been exposed to the months-long “We Love Locals” ad blitz with which Station Casinos has been attempting to shore up its image. The company’s heedless expansionism, exorbitant executive salaries, its LBO … Continue reading

Posted in Boulder Strip, Current, Economy, Marketing, Movies, Sheldon Adelson, Station Casinos, Steve Wynn, TV | 2 Comments

Quote of the Day

“This is what it has come to for the man who created a Nevada wave in 2008, winning the state by 12 percentage points, pulling Democrats up and down the ticket to victory … [President Barack] Obama previously had been … Continue reading

Posted in Current, Economy, Election, Politics | 1 Comment

Quotations from Chairman Steve; Elvis catches fire

Perhaps due to his eagerness to get Wynn Cotai jump-started, Steve Wynn has become an even more pliant sock puppet for China‘s central government than was Sheldon Adelson. It must be a source of great amusement among the ruling elite … Continue reading

Posted in Cordish Co., Current, Economy, Entertainment, Harrah's, International, Macau, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Taxes, TV, West Virginia | 3 Comments

Mojito Pointe: Why MGM did it

Maybe they were just charmed by Dan Lee‘s babyish face (left) but leadership at MGM Resorts International can cite of plenty of other reasons for throwing in on Lee’s Mojito Pointe project … which may be rechristened with an MGM … Continue reading

Posted in Boyd Gaming, Dan Lee, Horseracing, International, Isle of Capri, Louisiana, M Resort, Marketing, MGM Mirage, Mississippi, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Texas, The Strip | 1 Comment

Lies, damned lies & Illinois; Casino overboard!

Way to go, Joe Canfora! The Merit Casino CEO shows how impressive a statistic can sound when taken out of context. By stating “there are more slot machines per 100,000 people in Iowa than there are in Illinois,” Canfora craftily … Continue reading

Posted in Ameristar, Current, Economy, Harrah's, Illinois, Iowa, Midnight Jim Gibbons, Regulation | 1 Comment

Detroit: one down, two to go

Workers at eternally struggling Greektown Casino didn’t need a translator to read the handwriting on the wall. Nearly 75% of them voted to ratify a new union contract last night. In return for modest financial incentives, employees will be shouldering … Continue reading

Posted in Atlantic City, Culinary Union, Current, Detroit, Economy, The Strip | Comments Off on Detroit: one down, two to go

Detroit: The art of the deal

Labor unions in Detroit will have a hard time selling the rank and file on their new pact with three Motown casinos. Despite enjoying an upward revenue trend, the casinos appear to be pleading poverty, requiring that workers pay a … Continue reading

Posted in Current, Detroit, Economy, MGM Mirage, Ohio | 1 Comment

Aliante Station changes hands but little else; Amigo Adelson

Aliante Station is now formally the property of Texas Pacific Group, Standard General and Apollo Management. Two of those funds also own Caesars Entertainment, which might create some interesting “Chinese wall” situations. (Can’t have trade secrets passing back and forth, … Continue reading

Posted in Boyd Gaming, Colorado, Current, Economy, Entertainment, Environment, Harrah's, International, North Las Vegas, Regulation, Sheldon Adelson, Station Casinos, Taxes | Comments Off on Aliante Station changes hands but little else; Amigo Adelson

iTrump, scandal, Sachs and tax

Cyber-Trump. Faux ex-presidential candidate and NBC-TV comedy star Donald Trump has made his views known on Internet gambling … like anybody cares. Prepare for a shocker, folks. The Donald is — Gasp! — in favor of it. There was, of … Continue reading

Posted in Alabama, Atlantic City, Carl Icahn, Colony Capital, Cretins, Culinary Union, Current, Detroit, Don Barden, Economy, Election, Goldman Sachs, Harrah's, Internet gambling, MGM Mirage, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism | 1 Comment

Quote of the Day

“For whatever you think of [Mitt] Romney and his callous message to Nevadans, the lesson here is this: Once you’ve fallen for the scam — be it Tulips in 1630, Pets.com in 1999, or Las Vegas houses in 2005 — … Continue reading

Posted in Current, Economy | Comments Off on Quote of the Day

10 Years in Two Minutes

Posted in Cordish Co., Economy, International, Maryland | 1 Comment

ColSux: They’re outta here!; Accord in Motown; Murren changes course

Those last few remnants of Columbia Sussex CEO William J. Yung‘s former casino empire continue to topple about him. The Kentucky-based oligarch, whose properties are notorious for their poor working conditions and even worse maintenance, has been reaping a gargantuan … Continue reading

Posted in Atlantic City, Columbia Sussex, Culinary Union, Dan Lee, Detroit, Donald Trump, Economy, Environment, G2E, Harrah's, International, Lake Las Vegas, Lake Tahoe, Louisiana, Marketing, MGM Mirage, Pets, Pinnacle Entertainment, Politics, Sports, Texas, The Strip, Tropicana Entertainment | Comments Off on ColSux: They’re outta here!; Accord in Motown; Murren changes course

MSM tunes Steve Wynn out

Has Steve Wynn jumped the shark? That is a question I never, ever thought I’d be asking. But an interesting thing happened in the wake of Winn Wynn Resorts‘ most recent conference call. Toward the end, he went on his … Continue reading

Posted in Boyd Gaming, California, Carl Icahn, Current, Donald Trump, Economy, Florida, Harrah's, history, Illinois, International, Massachusetts, MGM Mirage, Plaza, Politics, Racinos, Regulation, Sheldon Adelson, The Strip, Tourism, Wall Street | 5 Comments

What if they gave a casino and no one came?

Such been the plight of Maryland, a state that’s experienced the curious predicament of having more casino licenses than applicants. It’s much the same as Kansas, where things have gone awful quiet. Now, Kansas is like a corn-fed Macao: You … Continue reading

Posted in Cordish Co., Current, Donald Trump, Economy, G2E, Harrah's, International, Isle of Capri, Kansas, Macau, Maryland, Ohio, Penn National, Racinos, Regulation, Taxes, West Virginia | 1 Comment

What’s said in Vegas …

Confronted with a bunch of mossbacked codgers (the Las Vegas Review-Journal editorial board) and a backwater newspaper whilst warming up for his Venetian gig tonight, Mitt Romney must have figured he had the luxury of thinking aloud. What happens here, … Continue reading

Posted in Current, Economy, Election, G2E, Lake Las Vegas, LVCVA, Sheldon Adelson, Tourism, TV | 2 Comments

Strangest gambling scandal ever?

Politics and gambling have literally gone to the dogs in West Virginia. A certain Harry Marshall Rae has pleaded ‘not guilty’ to attempted extortion of Gov.-elect Earl Ray Tomblin (D). At issue is an alleged $50,000 demand — placed on … Continue reading

Posted in Animals, Current, Internet gambling, Politics, Racinos, The Mob, West Virginia | Comments Off on Strangest gambling scandal ever?

Big ‘boing’ in Pennsylvania; Labor strife in Detroit

Casino revenues last month in Pennsylvania must have been riding a pogo stick — up 13% from last year. That includes a 39% moonshot in table revenues. Leaders include Sands Bethlehem (22%, right), while Penn National‘s eponymous racino must be … Continue reading

Posted in Cannery Casino Resorts, Current, Detroit, Economy, Genting, Harrah's, Indiana, International, Louisiana, MGM Mirage, Neil Bluhm, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sports, Taxes | Comments Off on Big ‘boing’ in Pennsylvania; Labor strife in Detroit