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- 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
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- 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
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- Sibella scandal spreads; Supremes forestall Seminoles - 56,503 views
- You can’t fix stupid; Good-bad news on the bayou - 56,393 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,789 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,722 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,704 views
- Profit vs. investment on the Strip - 1,055,378 views
- Lame nag; Frissora overpaid? - 578,535 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,509 views
- That casino smell - 63,625 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,275 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,865 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,252 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,912 views
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Author Archives: David McKee
“Scary” times for casinos; Hotel rates swoon
Donald Trump wants to reopen America for business May 1, come hell or high water. Former Atlantic City casino executive Robert Ambrose acknowledges that “going past 30 days [quarantine] is scary for the entire industry.” According to Ambrose, it ought … Continue reading
Quote of the Day
“What we’ve done is disproportionately prop up poor-performing CEOs and boards, and you have to wash these people out … Now we have a whole bunch of companies who, you know, frittered away tens and hundreds of billions of dollars on buybacks when they … Continue reading
Posted in Economy, Wall Street
1 Comment
What can I see in Las Vegas?
As of this writing, Las Vegas is closed for business. But it could reopen as soon as May 1 and some are optimistic for its future. Among them is James Smith, this week’s guest contributor. His thoughts are as follows … Continue reading
Quote of the Day
“Faith sees best in the dark.”—Soren Kierkegaard, Danish philosopher.
Posted in Current
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National Pet Day
Our best S&G wishes to all your animal companions. Seen here is our devoted Siamese, Tommy.
Las Vegas: What next and when?
While everyone from Las Vegas Mayor Carolyn Goodman up to the highest ranks of the federal government trying to rush people back to work, we’re forced to consider what Sin City will look like after the Coronavirus pandemic … and when … Continue reading
Boyd sacks workforce; Political wagering in West Virginia
Job cuts continue at Las Vegas casinos. Boyd Gaming employees are out of jobs starting tomorrow, although health benefits will continue through June 30. For a company that’s sitting on as much cash as Boyd, that’s a strange move. Boyd’s … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, Canada, Charity, Cirque du Soleil, Cosmopolitan, DraftKings, Election, FanDuel, Health, MGM Resorts International, Michigan, Sports, Sports betting, Technology, The Rio, Tourism, Tribal, TV, Wall Street, West Virginia, World Series of Poker
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Quote of the Day
“Sending healthcare workers to the front line asking them to cover their face with a bandana is akin to sending a soldier to the front line in a t-shirt and flip flops. I don’t want to talk. I don’t want … Continue reading
Posted in Health
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Ohio, Indiana slammed; Station is ‘george’
Loss of half a month in Ohio meant a 61% plunge in casino/racino revenues, to $72 million. Although there were two fewer weekend days in the month that was as nothing compared to Coronavirus. (The calendar is neutral this month, … Continue reading
Quote of the Day
“Everyone says you are supposed to be on your own. Then to have this happen, you just sit there wondering what else you can do. You can’t fight the federal government.”—Jose Camacho, director of the Texas Association of Community Health Centers on … Continue reading
Wynn sitting pretty; Trump Plaza damned, doomed
Wynn Resorts can sit out a Coronavirus crisis lasting 1.4 years. That’s how much cash ($3 billion) it’s sitting upon. First-quarter revenues took a 43% hit and are expected to come in somewhere in the $912 million-$969 million range. The … Continue reading
Asking the Big Guy; Coronavirus: Where does it end?
Trading on his longstanding Republican Party connections, American Gaming Association President Bill Miller is leapfrogging the Small Business Administration and Secretary of the Treasury Steve Mnuchin, to take his case straight to Donald Trump. The problem, as we outlined yesterday, is … Continue reading
Posted in AGA, Arizona, Baseball, California, Donald Trump, Economy, Florida, Health, Japan, Macau, Massachusetts, Nevada, New Jersey, New York, Politics, Singapore
2 Comments
MGM: The Lion purrs; Tilman in trouble
JP Morgan analysts parlayed with MGM Resorts International CEO Bill Hornbuckle and CFO Corey Sanders yesterday. Reports Joseph Greff, “We come away with a favorable view and a strong appreciation for Mr. Hornbuckle’s background in casino operations (former MGM COO … Continue reading
Quote of the Day
“A cheerful heart is good medicine, but a broken spirit saps a person’s strength.”—Proverbs 17:22
Posted in Health
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Macao bad, worse to come; No casinos for Brazil
“With the government keeping limitations on individual and group visas into the market and transportation options remaining impaired we believe the Macau market could take five to seven months to start stabilizing and showing improvement,” Stifel Financial analyst Steven Wieczynski … Continue reading
Posted in Atlantic City, Caesars Entertainment, China, Connecticut, Dining, Economy, Foxwoods, Galaxy Entertainment, Hard Rock International, Health, history, International, Internet gambling, Japan, Las Vegas Sands, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Ocean Resort, Politics, Scientific Games, Station Casinos, Taxes, Wall Street, Wynn Resorts
1 Comment
Feds screw small casinos; Coronavirus detritus
Unless there’s a change in the rules in Washington, D.C., the current pandemic could cut like an economic scythe through small gaming operators and slot routes. The Small Business Administration has fallen back on a pettifogging old rule that businesses … Continue reading
Posted in AGA, Dining, Economy, George Maloof, Georgia, Health, Las Vegas Sands, LVCVA, Mississippi, Movies, Oscar Goodman, Slot routes, Sports betting, Transportation, TV
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Quote of the Day
“Biographical history, as taught in our public schools, is still largely a history of boneheads: ridiculous kings and queens, paranoid political leaders, compulsive voyagers, ignorant generals, the flotsam and jetsam of historical currents. The men who radically altered history, the great creative scientists and mathematicians, are seldom mentioned if at all.”—Martin Gardner, mathematician … Continue reading
Posted in history
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Quote of the Day
“To my fellow corporate executives who are looking at spreadsheets and trying to determine the impact this crisis will have on sales and share prices, let me say our job as business leaders is now as simple as it is … Continue reading
Posted in Economy, Health, Sheldon Adelson, Wall Street
2 Comments
Another sign of the times
So that’s where all the toilet paper went! This is at least the fourth video I’ve come across of people making slot machines out of TP. I suppose we should find it amusing and ingenious, but that just seems to … Continue reading
Posted in Entertainment
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Sign of the times
This family of geese won’t be hurried as they promenade up the Las Vegas Strip, taking in the sights. It’s the most heartwarming thing I’ve ever seen on the Strip and provides a much-needed moment of humor in these fraught … Continue reading