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Recent Posts
- 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
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
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- Alice Eskandari on Durango Station, slightly downsized
- 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
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- Sibella scandal spreads; Supremes forestall Seminoles - 56,505 views
- You can’t fix stupid; Good-bad news on the bayou - 56,395 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,791 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,724 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,706 views
- Profit vs. investment on the Strip - 1,055,378 views
- Lame nag; Frissora overpaid? - 578,536 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 - 58,278 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,867 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,254 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,914 views
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Author Archives: David McKee
Quote of the Day
“At the moment, it looks like those better days might be a bit further out than first expected, as so much uncertainty remains about what this virus will do next. Until a vaccine is created and made available, I’m afraid … Continue reading
The last good month; NBA to resurrect in Vegas?
Las Vegas Strip gaming revenue was flat in February at $596 million and probably should have been better, given the presence of an extra weekend day. (Statewide, revenues were up 3%.) Strip slots were robust, gaining 7% on 7.5% higher … Continue reading
Posted in Boulder Strip, Charity, China, Conventions, Downtown, Economy, Lake Tahoe, Laughlin, Mesquite, North Las Vegas, Reno, Sports betting, Station Casinos, The Strip, Tourism, Transportation, TV, Wendover
2 Comments
One picture = 1K words
Bellagio conservatory, yesterday.
Posted in MGM Resorts International, The Strip
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Stimulus is here, recovery … who knows?
It’s still not a done deal but what Majority Leader Mitch McConnell (R) calls “emergency relief” emerged from the Senate yesterday. A few jerks tried to hold it up with the preposterous argument that “the expanded unemployment benefits were overly … Continue reading
Posted in AGA, Caesars Entertainment, China, Conventions, Cretins, Donald Trump, Downtown, Economy, Environment, Galaxy Entertainment, Health, International, Macau, Massachusetts, MGM Resorts International, Politics, South Korea, Terry Caudill, The Strip, Tilman Fertitta, Tourism, TV, Wynn Resorts
Comments Off on Stimulus is here, recovery … who knows?
Quote of the Day
“Our major concern is the mobile gambling. We’ve been fighting that forever. Why would you get up on a 20-below-zero-day and come out to the casino when you could just sit at home?”—Minnesota Indian Gaming Association Executive Director John McCarthy, … Continue reading
Posted in Minnesota, Sports betting, Tribal
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Quick stimulus update
Here’s a good rundown of the economic-stimulus bill. Republicans made some concessions (attaching strings to corporate bailouts) and Democrats made others (no forgiveness or deferment for student loans). It’s not yet clear how much of its wish list the casino … Continue reading
Posted in AGA, Alex Meruelo, Donald Trump, Economy, Sahara, Taxes
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Under the Boardwalk; Premature panic in Virginia
New Jersey Gov. Phil Murphy (D) is taking the long view on casino closures—as in, what happens if they last two months? He’s measuring the negative economic impact at $1.1 billion. According to The Press of Atlantic City, “That figure encompasses … Continue reading
Quote of the Day
“If you ask the American people to choose between public health and the economy, then it’s no contest. No American is going to say accelerate the economy at the cost of human life.”—New York Gov. Andrew Cuomo (D), whose state … Continue reading
Wynn Resorts defended; Trump stiffs hotel employees
JP Morgan analyst Joseph Greff came riding to the aid of Wynn Resorts this week. “COVID-19’s evolving impact has created a lot of share price carnage in the gaming and lodging sector, to state the obvious. Its impact should be … Continue reading
Las Vegas is sickly; Local heroes
As though Las Vegas weren’t reeling already from Coronavirus comes a bulletin that it’s one of America’s 25 worst cities for spring allergies. (Tell me about it!) As though one’s immune system weren’t compromised enough. Sin City clocks in a … Continue reading
Quote of the Day
“Bipartisanship helps to avoid extremes and imbalances. It causes compromises and accommodations. So let’s cooperate.”—Zbigniew Brzezinski
Wisdom from the Mustang Ranch
We’re reprinting this guest editorial by businessman Lance Gilman in full, not least because we can’t find an iota of disagreement with it. Enjoy, dear readers … I’ve lived through the anti-Vietnam years in the Sixties, the gas crisis of … Continue reading
Poverty in the suites; Industry ramps up bailout pressure
Sheldon Adelson is worth $28 billion today. Which doesn’t sound so bad until you consider that he was worth $40 billion before the Wall Street crash. That’s the literal price of owning 432,000,000 shares of Las Vegas Sands. Not that … Continue reading
Posted in AGA, Caesars Entertainment, California, Carl Icahn, Charity, China, Donald Trump, Economy, Elaine Wynn, FanDuel, GLPI, Health, history, Horseracing, Illinois, Internet gambling, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Movies, New York, Phil Ruffin, Sheldon Adelson, Sports betting, Station Casinos, The Mob, Tribal, Unite-Here, Wall Street, Wynn Resorts
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Murren sacked
MGM Resorts International canned CEO Jim Murren yesterday, while nobody was looking, promoting Bill Hornbuckle acting CEO and president. Hornbuckle should have been Murren’s heir apparent but the exiled CEO had preferred to go on a candidate search. MGM explained … Continue reading
Quote of the Day
“God has not given us the spirit of fear, but of power and love and a sound mind.”—2 Timothy 1:7
Posted in Current
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Stitt catches a break; Station, Gaughan step up to the plate
Did the government of Oklahoma screw up the exclusivity agreement that gave it power over tribal gambling? That’s the contention of a new legal brief from the Wichita and Affiliated Tribes, who say that the recent expansion of lottery offerings … Continue reading
Posted in Boyd Gaming, Charity, Dan Gilbert, Downtown, Genting, Golden Gaming, Health, International, Internet gambling, Lotteries, MGM Resorts International, Michael Gaughan, Ohio, Oklahoma, Sahara, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta, Tribal, William Hill
1 Comment
The cost of not doing business
Saying “This is not the time to look for loopholes,” Nevada Gov. Steve Sisolak (D) doubled down on his quarantine order, threatening nonessential business that remain in business in defiance of his directive (and there have been some) to close … Continue reading
Posted in Boyd Gaming, Churchill Downs, Cirque du Soleil, Dining, Downtown, DraftKings, Economy, Election, Entertainment, Florida, Golden Gaming, Health, Internet gambling, Las Vegas Sands, Macau, Penn National, Pennsylvania, Seminole Tribe, Station Casinos, TV, Wall Street, Wynn Resorts
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Quote of the Day
“The only industry that hasn’t been slowed down by the virus is the lobbying industry.”—Rep. Ro Khanna (D) on the federal panhandling set off by Coronavirus.