Author Archives: David McKee

About David McKee

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Nevada’s November: rough sledding; Sunny Sheldon

If pressed for a prediction, I’d say 2011 will be a good year for the Strip, not so much for the rest of the Silver State. Just when I was feeling a bit queasy about November’s gaming revenues, Dr. David … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Cretins, Current, Downtown, Florida, Horseracing, Laughlin, LVCVA, Macau, Massachusetts, MGM Mirage, North Las Vegas, Politics, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Tourism, TV, Wall Street | 4 Comments

Harrah’s to Philly: “We’re back!”; MGM tries something new

Or so Ed Snider‘s Philadelphia Entertainment & Development Partnership claims in a new petition to the Pennsylvania Gaming Control, asking for its license back. Snider’s group says that it now has $275 million in seed money sown up and would … Continue reading

Posted in Atlantic City, CityCenter, Current, Dubai, Economy, Harrah's, Isle of Capri, Marketing, MGM Mirage, Pennsylvania, Pets, Regulation, The Strip, Tourism, Tribal, Wall Street | 3 Comments

Deal ’em up in Cleveland

A Las Vegas dealer moving to Cleveland to teach prospective casino employees? That’s putting the blackjack shoe on the other foot. Used to be that people came to Vegas in pursuit of their dreams.

Posted in Current, Harrah's, Ohio, TV | Comments Off on Deal ’em up in Cleveland

Quote of the Day

“The industry we’ve seen these last couple of years isn’t a cash machine that’s impervious to economic changes. All these tax increases are going to be coming off the bottom line, which means less money for reinvestment.” — MGM Resorts … Continue reading

Posted in Current, Economy, MGM Mirage, Regulation, Taxes | 2 Comments

Another headache for Blue Chip

Just when the up-and-down fortunes of Boyd Gaming‘s Blue Chip riverboat were on an “up” again, with a 1% revenue increase in December, Gun Lake Casino is preparing to open fire. The new tribal casino will be managed by Station … Continue reading

Posted in Boyd Gaming, Current, Indiana, Station Casinos, Tribal | 1 Comment

Quote of the Day

Look, if we had a government I thought we could trust, I might say differently, but they haven’t earned my trust in my lifetime.” — Bill Maher, defendingWikileaks‘ release of diplomatic cables and other official documents .

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

Case Bets: Philadelphia, Trump; Adelson’s successor

Even outgoing Pennsylvania Gov. Ed Rendell (D) has thrown in the towel on a second Philadelphia casino. Now that he no longer has to gratify “george” campaign donors, Rendell says it may be time to look elsewhere in the state. … Continue reading

Posted in Atlantic City, Current, Economy, International, Isle of Capri, Macau, MGM Mirage, Pansy Ho, Pennsylvania, Sheldon Adelson, Singapore, Stanley Ho | 1 Comment

Desperate housewife

As you’ve probably heard, Beso has become the first known casualty of CityCenter. Its Chapter 11 filing was smuggled out in the waning hours of last week’s news cycle. The Panglossian rhetoric of the initial dispatch tried to paint the … Continue reading

Posted in CityCenter, Dubai, Election, Entertainment, Marketing, MGM Mirage, The Strip, Tourism | 1 Comment

Upsizing Illinois

Or would “capsizing” be the right word? Late Thursday, Wells Fargo released a study of the effects on Illinois‘ casino market if a massive expansion backed by state Democrats goes through. They’re under the gun, since the whole issue gets … Continue reading

Posted in Bally Technologies, Boyd Gaming, Current, Don Barden, Economy, Harrah's, IGT, Illinois, Indiana, Mississippi, Missouri, Neil Bluhm, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Wall Street, WMS Industries | 6 Comments

Sheldon: I’ll take Florida

It’s amazing what a transformative effect a night’s stay at Venelazzo will have. After stopping by Sheldon Adelson‘s little pied-a-terre, Florida Gov. Rick Scott (left) has done a 180 on casino expansion in Florida. Now Scott, refreshed by an evening’s … Continue reading

Posted in Current, Economy, Election, Florida, Genting, Harrah's, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal | 1 Comment

Elephant runs free

No, it’s not a metaphor for this week’s events in Washington, D.C., just the setup for a heartwarming vignette out of India …

Posted in Animals, Current, International | Comments Off on Elephant runs free

Quote of the Day

“Jim Gibbons … started out wanting to be governor because there was an office called governor and he was next in line. But instead of being changed by the experience, of rising above himself, his pride and his stubborn ideology, … Continue reading

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

Palms: Maloof out, Loveman in?

Now that Las Vegas has fallen about as far as it can, private equity firms are picking over the city like vultures sampling carrion. Don’t get me wrong: It’s a much smarter strategy than those PE bozos who bought in … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Donald Trump, George Maloof, Harrah's, Marketing, MGM Mirage, Regulation, The Strip, TV, Wall Street | 9 Comments

Cosmo: Porches and walls

Today’s guest-blogger contribution comes from Dr. Augie Grant, holder of the J. Rion McKissick Professorship of Journalism at the University of South Carolina‘s School of Journalism & Mass Communications. Prof. Grant was in Las Vegas for the opening of The … Continue reading

Posted in Architecture, CityCenter, Cosmopolitan, Current, MGM Mirage, The Strip | 8 Comments

Quote of the Day

“Suppose Prohibition of alcohol had just been repealed. The hypothetical owner of the first and only liquor store in a state would make a fantastic return on investment. But soon, if there were no government controls, there would be liquor … Continue reading

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

Happy New Year?

Since Las Vegas is looking at a 3.5% increase in visitation from New Year’s Eve 2009 and 98% occupancy, the answer is “Yes.” Thank God, because it hopefully means that an equivocal recovery on the Strip is finally gaining traction, … Continue reading

Posted in California, Charity, CityCenter, Current, Economy, Harrah's, Harry Reid, Internet gambling, Lake Tahoe, Sheldon Adelson, Station Casinos, Tribal, Wall Street | 5 Comments

I knew the NFL was bad this year …

… but not to the point of having 0-0 teams in the playoffs, as this ESPN graphic would have us believe. Thankfully, the Kissing Suzy Kolber blog archived this great moment in TV sports, so we can be assured that … Continue reading

Posted in Current, Sports, TV | 1 Comment

Quote of the Day

“I am not allowed to mail a lottery ticket from my home in Encino to a friend in Las Vegas, because federal law does not want the good people of Nevada hearing about the evils of California‘s legal gambling.” — … Continue reading

Posted in California, history, Louisiana, Regulation | Comments Off on Quote of the Day

Uncle Carl’s Carpet Barn strikes again

You’ll never guess where high-end furniture and carpeting once destined for Fontainebleau has now turned up. The renovation explains the Buffalo Bill’s closure rumors from last autumn. So the trail of ex-F-blew furnishings now stretches from the Plaza in downtown … Continue reading

Posted in Alex Yemenidjian, Carl Icahn, Charity, Downtown, Fontainebleau, Herbst Gaming, Tamares Group | 1 Comment

Hard Rock: No end of trouble on Paradise

Once again the blogosphere has caught the MSM napping. Report On Vegas informs readers that the Hard Rock Hotel & Casino is having a rough time meeting its bills (this was the augury of doom for Barrick Gaming‘s short-lived stewardship … Continue reading

Posted in Boyd Gaming, Current, Don Barden, Downtown, Economy, Harrah's, Lake Tahoe, Morgans Hotel Group, Pennsylvania, Sports, Tamares Group, The Strip, Tribal, TV | 3 Comments