Author Archives: David McKee

About David McKee

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Quote of the Day

Posted on October 20, 2009 by David McKee

"I'd like to keep one strip of that airport as an airport. I think it closed prematurely. I think greed went nuts." — Atlantic City mayoral candidate Joseph Polillo (I), on what to do with Bader Field. Incumbent Mayor Lorenzo … Continue reading →

Posted in Atlantic City, Election, Politics, Tourism, Transportation | Comments Off on Quote of the Day

MGM: CityCenter worth $4.88 billion

Posted on October 20, 2009 by David McKee

MGM Mirage has announced that it's writing off approximately $1.3 billion (i.e., taking an "impairment charge") against CityCenter, with $348 million of that chalked up to falling real estate values. (Some $174 million of that will apparently be fobbed off … Continue reading →

Posted in CityCenter, Columbia Sussex, Current, Economy, Kansas, MGM Mirage, Missouri, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Taxes, Tourism, Transportation, Wall Street | Comments Off on MGM: CityCenter worth $4.88 billion

Goliath, computer nerd; Lowden Trek: The Wrath of Reid

Posted on October 20, 2009 by David McKee

As some may recall, the saga of Goliath, the LVA rescue kitten, had a happy ending. Not only has he found a new, loving home but the hyperactive little fellow (whose new owners renamed him "Murderface") has developed an interest … Continue reading →

Posted in Animals, Downtown, Election, Harry Reid, Laughlin, Pets, Politics, Tamares Group | Comments Off on Goliath, computer nerd; Lowden Trek: The Wrath of Reid

Eight Vegas shows reviewed

Posted on October 19, 2009 by David McKee

As promised, Mike Shackleford's WizardOfVegas.com site has launched. It took a while to get the bugs worked out, hence my review of Scarlett & her Seductive Ladies of Magic didn't appear until after the show had closed. However, to the … Continue reading →

Posted in Colony Capital, Dining, Don Barden, Downtown, Entertainment, Harrah's, Planet Hollywood, Riviera, The Strip, Tilman Fertitta, Tourism | Comments Off on Eight Vegas shows reviewed

Ohio slots slip sliding away?

Posted on October 19, 2009 by David McKee

A sample conducted by the tag team of TruthPac and Strategic Polling finds support for the Ohio casino initiative backed by Penn National Gaming polling below 50%. Casinos still have a slight edge (48%/43%, with 8% undecided) … so in … Continue reading →

Posted in Current, Election, Marketing, Maryland, Ohio, Racinos | Comments Off on Ohio slots slip sliding away?

A deal @ Vdara

Posted on October 19, 2009 by David McKee

Just as I said, CityCenter is becoming the mid-market epicenter of Las Vegas. Today's mailbag yielded a $129/night offer for Vdara, plus $50 in amenity credits — more evidence of the downward pressure CityCenter is exerting on the Strip. But … Continue reading →

Posted in CityCenter, Current, Economy, Marketing, MGM Mirage, The Strip | Comments Off on A deal @ Vdara

Only in Nevada

Posted on October 16, 2009 by David McKee

To end the week on a note of levity: For the second time this year, both Gov. Jim Gibbons and Lt. Gov. Brian Krolicki got it into their heads to be out of state simultaneously. (One senses that they don't … Continue reading →

Posted in Current, Election, Harry Reid, Marketing, MGM Mirage, New York, Politics, Sheldon Adelson, The Strip | Comments Off on Only in Nevada

Quote of the Day

Posted on October 16, 2009 by David McKee

"I predict a rough winter for Vegas. Swine flu may not be a pandemic, but it may really mess with the casino business. It could make the economic downturn look mild." — a locally based casino-industry expert, in an e-mail … Continue reading →

Posted in Boulder Strip, Current, Downtown, Economy, The Strip, Tourism | Comments Off on Quote of the Day

Aria drives prices … down

Posted on October 16, 2009 by David McKee

Contrary to repeated assertions by J.P. Morgan, it would appear that MGM Mirage is putting out promotional specials for Bellagio … and very aggressively so. Note however, that Steve Wynn's masterpiece is maintaining its price point and Aria is the … Continue reading →

Posted in Alex Yemenidjian, CityCenter, Current, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Riviera, Sahara, Station Casinos, Steve Wynn, The Strip, Tourism | Comments Off on Aria drives prices … down

F'bleau: Wait 'til 2012; Satre returns

Posted on October 16, 2009 by David McKee

That’s basically the message coming out of bankruptcy court, where Fontainebleau ownership requested permission to scrap all conventions and meetings through October 2011. Among many other disclosures in the fast-moving Chapter 11 was the sacking of seven top executives. (A … Continue reading →

Posted in Atlantic City, Colony Capital, Cosmopolitan, Economy, Fontainebleau, Harrah's, IGT, Macau, MGM Mirage, Pansy Ho | 2 Comments

Great O'Day in the morning

Posted on October 16, 2009 by David McKee

Peepshow star/trainwreck-in-progress Aubrey O'Day likes to speak her mind, for whatever it's worth. Evidently the recklessly candid utterances of Ms. O'Day were worth not one, not two but, yes, three dispatches by Richard Abowitz. The fascination is understandable, given an … Continue reading →

Posted in Current, Economy, Entertainment, Macau, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip | Comments Off on Great O'Day in the morning

Signs of the Times

Posted on October 15, 2009 by David McKee

In less than an hour, Steve Wynn is going to make an extra-special, triple-secret, top-hush "entertainment announcement" via a Wynn Resorts Web-cast. Don't tell anyone but … he's going to reveal that Garth Brooks will be playing Encore. Which we … Continue reading →

Posted in Current, Encore, Entertainment, George Maloof, MGM Mirage, Steve Wynn, The Strip | Comments Off on Signs of the Times

Night of the living dead

Posted on October 15, 2009 by David McKee

Will the last person leaving the Riviera please take down the Charo in Concert, Abra-ca-Sexy! and Tom Stevens posters? Everything about last night's visit to the casino suggested a business that's died but doesn't realize it. Not that it helps … Continue reading →

Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Economy, Entertainment, Fontainebleau, Illinois, MGM Mirage, Regulation, Riviera, The Strip | Comments Off on Night of the living dead

Quote of the Day

Posted on October 15, 2009 by David McKee

"In a lot of places along the coast it looks like the hurricane hit yesterday." — NBC reporter Charles Hadlock, reporting today on the condition of New Orleans and the Gulf Coast, four and a half years after Hurricane Katrina.

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

Macao giveth, Macao taketh away

Posted on October 13, 2009 by David McKee

Casino operators in Macao better make the most of the recent relaxation of visa quotas into the enclave. What the government gives with one hand, it partly reclaims with the other. Casino expansion remains out of the question and the … Continue reading →

Posted in Current, Detroit, Economy, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tourism, Wall Street | Comments Off on Macao giveth, Macao taketh away

Hope for Boardwalk?

Posted on October 13, 2009 by David McKee

As you know, S&G puts more stock in year/year comparisons than sequential ones, but the most recent set from Atlantic City affords a slender reed of hope. With the help of tighter slots, A.C. held its September decline to 6%, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Economy, Harrah's, Marketing, Maryland, Neil Bluhm, New York, Pennsylvania, Regulation, Sheldon Adelson, Tourism, Tropicana Entertainment | Comments Off on Hope for Boardwalk?

Why does Steve Wynn hate America?

Posted on October 13, 2009 by David McKee

Or maybe the question should be, What was Steve Wynn smoking before he told CNBC "Money Honey" Maria Bartiromo that Wynn Macau was making more than all other 30 Macao casinos combined? Perhaps he meant his joint is the single-highest-grossing … Continue reading →

Posted in CityCenter, Economy, Encore, Entertainment, Harrah's, International, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, Taxes, The Strip, TV | Comments Off on Why does Steve Wynn hate America?

Quote of the Day

Posted on October 13, 2009 by David McKee

“Chickens gained valuable rights in California on the same day that gay men and lesbians lost them.” — Ronald M. George, chief justice of the California Supreme Court, on the caprices of the state's initiative-and-referendum system. A ballot measure regulating … Continue reading →

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

Leaving Las Vegas

Posted on October 12, 2009 by David McKee

At least 28,000 have done so over the two years-plus (probably more when you allow for the people still moving here). What are the likely consequences of Las Vegas‘ pegging its future on a one-trick economy? And is it going … Continue reading →

Posted in Atlantic City, CityCenter, Current, Detroit, Economy, Election, Horseracing, Indiana, MGM Mirage, Ohio, Pennsylvania, Racinos, The Strip, Tourism, Tribal | Comments Off on Leaving Las Vegas

Case Bets: Reid, Goodman, Madison (Holly) & a kegger

Posted on October 12, 2009 by David McKee

As they say on Dancing with the Stars, in no particular order … Eight against Harry: For a speedy primer on the myriad challengers to Sen. Harry Reid (D-NV), you can't go wrong with Jon Ralston's droll and speedy primer. … Continue reading →

Posted in Downtown, Economy, Election, Entertainment, Environment, Harry Reid, Oscar Goodman, Politics, Steve Wynn, Technology, TV | Comments Off on Case Bets: Reid, Goodman, Madison (Holly) & a kegger