Author Archives: David McKee

About David McKee

Bio

Loveman waffles on Philly … again; Sands and Galaxy surge

After getting into, then out of the incompetent Lewis Katz/Ed Snider casino consortium in Philadelphia, “direct discussions” are being held by Caesars Entertainment to reenter the moribund project. Its backers are asking for — guess what? — yet another two-month … Continue reading

Posted in Genting, Harrah's, Macau, Neil Bluhm, New York, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 3 Comments

What’s there to do in Las Vegas? Plus, Adelson screws the pooch again

Besides gambling? Why, I’m so glad you asked. As I point out in the new issue of Desert Companion (available in Planet Hollywood‘s Desert Passage Miracle Mile shopping mall and other places that host Coffee Bean & Tea Leaf franchises), … Continue reading

Posted in Current, Dining, Downtown, Entertainment, Goldman Sachs, Harrah's, MGM Mirage, Phil Ruffin, Planet Hollywood, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip | 2 Comments

Quote of the Day

“Harrah’s does not own a casino concession or subconcession in Macau. Some gaming observers believe Macau might issue new gaming concessions after 2009 and Harrah’s could transform the [$578 million Macau Orient] golf course into a hotel-casino site.” — And … Continue reading

Posted in Harrah's, history, Macau | Comments Off on Quote of the Day

I’m shocked, shocked!

… to discover that there is gambling in this establishment. Of 38 video clips on Cosmopolitan of Las Vegas‘ You Tube channel, not one is devoted to the casino floor. Geez, you think this “hide the gaming” marketing approach might … Continue reading

Posted in Economy, Entertainment, Marketing, Movies, The Strip, TV | 5 Comments

You can take the executive out of the casino …

… but you can’t take the casino out of the executive. Case in point, Smith Center for the Performing Arts Chairman Donald Snyder, former prexy of Boyd Gaming. One of the odder components of the $425 million multipurpose venue, known … Continue reading

Posted in Boyd Gaming, Colony Capital, Cosmopolitan, Current, Downtown, Entertainment, Harrah's, Marketing, Station Casinos, The Strip | Comments Off on You can take the executive out of the casino …

Quote of the Day

“We have a waiting list of 2,000 names. So we are moving ahead with a second tower which will have a 35 percent price increase.” — Donald Trump, at the July 12, 2005 groundbreaking for Trump International. Needless to say, … Continue reading

Posted in Donald Trump, Economy, history, Phil Ruffin, The Strip | 3 Comments

Caruso sings, Lerner hallucinates

Since I had one foot out the door en route to Albany when Caesars Entertainment held its Rick Caruso-led media blitz on Project Linq, I’m a bit late to the party. Some of my early reactions can be heard on … Continue reading

Posted in Architecture, Boyd Gaming, Carl Icahn, CityCenter, Colony Capital, Current, Dining, Downtown, Economy, Entertainment, Fontainebleau, Harrah's, MGM Mirage, Sahara, Station Casinos, The Strip, Tourism, Transportation, Wall Street | 3 Comments

Quote of the Day

“Everything is an ugly battle, and it’s sickening. We need to be spending money on education to get people jobs, not just saying no to everything. I want someone to come in with a plan, with some ideas. I don’t … Continue reading

Posted in Uncategorized | Comments Off on Quote of the Day

Down Memory Lainie, er, Lane

On Oct. 26, the erstwhile “Gossy Room” at The Palms will host a fundraiser for AFAN. Headlining the event will be Lainie Kazan, who — the press release informs us — is “widely known for her starring role in My … Continue reading

Posted in Alex Yemenidjian, Charity, Current, Entertainment, George Maloof, history, Marketing, Riviera, Silverton, Technology, The Strip, Tourism, TV, WMS Industries | 2 Comments

Atlantic City: The morning after

Damage from Hurricane Irene wasn’t as bad as feared in Atlantic City, although it ripped up beach facilities pretty good. Casinos were even able to maintain power through the wee hours of Sunday morning. Borgata‘s Water Club tower sustained some … Continue reading

Posted in Atlantic City, Boyd Gaming, Current, Economy, Environment, Tilman Fertitta, Transportation | Comments Off on Atlantic City: The morning after

The lost weekend; Machine Gun Bloom

When casino revenues weren’t as bad as expected, earlier this summer, one Atlantic City property executive called it a light at the end of the tunnel. Elsewhere, S&G reader American Gaming Guru pithily remarked that the light was an oncoming … Continue reading

Posted in Alex Yemenidjian, Atlantic City, Current, Dennis Gomes, Donald Trump, Downtown, Entertainment, Environment, G2E, Genting, Harrah's, history, Illinois, Louisiana, Mississippi, Neil Bluhm, New York, Oscar Goodman, Slot routes, The Mob, The Strip, Tourism | 6 Comments

Musical chairs; Perry’s hypocrisy

Those who go around, come around. The newly unveiled management team for the Margaritaville Casino in Biloxi has a distinct aura of déja vu. CEO Tom Brosig used to be Lyle Berman‘s right-hand man at Grand Casinos, whose Biloxi casino … Continue reading

Posted in Alex Yemenidjian, Current, Harrah's, Illinois, Indiana, International, Louisiana, Lyle Berman, Mississippi, Neil Bluhm, Ohio, Oklahoma, Penn National, Pinnacle Entertainment, Regulation, Station Casinos, Technology, Texas, Tilman Fertitta, Tourism | 4 Comments

Quote of the Day

“Might be worth seeing, even if Anthony Cools is involved.” — early reaction to Swingers, the new dueling pianos/miniature golf nightclub at the Plaza, which opens both Swingers and Waiting for Godot on Sept. 1.

Posted in Current, Downtown, Entertainment, Tamares Group | Comments Off on Quote of the Day

“Is gaming recession-proof?” Seriously.

Before you snicker at CNBC, it’s asking the question in the context of Asia (read: China), where recessionary issues are not (yet?) the concern that they are in the United States. The across-the-Pacific reach of Genting Bhd, an emerging power … Continue reading

Posted in Current, Economy, Genting, International, Macau, Singapore | Comments Off on “Is gaming recession-proof?” Seriously.

Thaw in Massachusetts? Hilton has left the building

After screwing the pooch in the previous legislature, it looks as though Gov. Deval Patrick (D-MA) and state lawmakers are finally on the same page regarding casino expansion in the Bay State. Analyst Joseph Greff rates the solons’ chances of … Continue reading

Posted in Atlantic City, Bally Technologies, Colony Capital, Current, Economy, Genting, Horseracing, IGT, Isle of Capri, Kansas, Marketing, Maryland, Pennsylvania, Politics, Racinos, Regulation, Singapore, Taxes, The Strip, Tourism, Tribal, Wall Street, Warner Gaming, WMS Industries | 2 Comments

Quote of the Day

“Some of the newspaper’s operations hadn’t been re-evaluated in decades, [Publisher Bob] Brown said.” — a reference to the stagnant 18 years the Las Vegas Review-Journal spent under Brown’s recently expelled predecessor, Sherman Frederick. The latter’s years of inattentiveness are … Continue reading

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

Taking back (Harrah’s) America

Ever-vigilant in his watch over “The Borg” (aka Caesars Entertainment), Vegas Tripping author Chuck Monster has been keeping a gimlet eye on the revival of Project Linq. Granted access to internal Caesars documents, Mr. Monster reveals that the much-needed makeover … Continue reading

Posted in Architecture, Atlantic City, CityCenter, Current, Economy, Harrah's, International, Sports, Steve Wynn, Taxes, Wall Street | 8 Comments

Anyone remember the Gold Standard?

In 50 years, I’ve managed to outlive a number of institutions, ranging from the Berlin Wall to the Gold Standard. Some news outlets are commemorating the occasion, including The Alyona Show, which seems to be the libertarian equivalent to Countdown … Continue reading

Posted in Current, Economy, Election, International, Politics, TV | Comments Off on Anyone remember the Gold Standard?

Case Bets: Station, Isle, Cosmo, Loveman & the horsey set

Revenue growth accelerated at Station Casinos in 2Q11, with cash flow up 8.5% (compared to +4% for the year so far). Keeping room rates steady at an average of $71 appears to have boosted occupancy, up from 81% to an … Continue reading

Posted in Ameristar, Cosmopolitan, Current, Dining, Economy, Entertainment, Harrah's, Horseracing, Internet gambling, Isle of Capri, Marketing, Missouri, Penn National, Pokergeddon, Politics, Racinos, The Strip | 1 Comment

I killed Elvis

From guest blogger Jeff_in_OKC: Today In Las Vegas History: 1977 Upon learning that today would be David McKee’s 16th birthday, and that he would be old enough to get a driver’s license, Elvis Presley had a constipationate seizure and fell off … Continue reading

Posted in Current, history | 4 Comments