Category Archives: Atlantic City

Caesars in Boston

Posted on June 6, 2012 by David McKee

Oh, that Gary Loveman is hilarious! Sorry, folks, I had to stop that video so I could have a laugh when he boasted, “Caesars [Entertainment] stands for the ultimate in destination luxury resorts?” Since when? A bunch of forward-looking fellas … Continue reading →

Posted in Architecture, Atlantic City, Current, Harrah's, International, Massachusetts, Mississippi, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Caesars in Boston

Loveman heir abdicates; VLTs hit Ohio tomorrow; Wayne’s World II

Posted on May 31, 2012 by David McKee

Shares of Caesars Entertainment sank today on the news that CFO Jonathan Halkyard has quit, taking an equivalent position at NV Energy. Although the latter’s financial outlook is far rosier, with scant long-term debt, its revenue base ($611 million last … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dan Gilbert, Economy, Harrah's, history, Iowa, Louisiana, Massachusetts, MGM Mirage, Mississippi, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Tilman Fertitta, Tourism, Tribal, Wall Street, Wayne F. Newton | Comments Off on Loveman heir abdicates; VLTs hit Ohio tomorrow; Wayne’s World II

Another quiet evening on the Strip; Big noise in Atlantic City

Posted on May 31, 2012 by David McKee

You might call it “UFC Smackdown”: Police were summoned to Wynncore in the pre-dawn hours of last Saturday to break up the proverbial “domestic disturbance.” Former Playboy model and current UFC ring girl Arianny Celeste (née Arianna Lopez) and boyfriend … Continue reading →

Posted in Atlantic City, Current, Dennis Gomes, Economy, Entertainment, Revel, Sports, Station Casinos, Steve Wynn, The Strip, Tourism | 2 Comments

Beyoncé 1, Revel 0.5; Meet Harrah’s Philadelphia; Riviera realities

Posted on May 29, 2012 by David McKee

So the big, official, grand, this-time-we-really-mean-it opening of Revel Resort & Casino came and went … and all the media has been talking about is Beyoncé and how bootylicious she looks so soon after giving birth. (Seven-plus pages of YouTube … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cosmopolitan, Current, Economy, Entertainment, Fontainebleau, Harrah's, Marketing, Neil Bluhm, Pennsylvania, Racinos, Revel, Riviera, Sahara, The Strip, Tourism | 5 Comments

Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Posted on May 25, 2012 by David McKee

That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming | Comments Off on Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Dump that Trump!; Caesars takes big British bath; F-blew claims another victim

Posted on May 21, 2012 by David McKee

What took them so long? That has to be the operative question now that Trump Entertainment Resorts owner Marc Lasry and CEO Robert Griffin have belatedly put Trump Plaza Hotel & Casino on the market, at an undisclosed price. (Probably … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Election, Fontainebleau, International, Internet gambling, Planet Hollywood, The Strip, Tribal | Comments Off on Dump that Trump!; Caesars takes big British bath; F-blew claims another victim

Quote of the Day

Posted on May 16, 2012 by David McKee

“I suppose there is something to be said for losing money without the inconvenience of leaving town, but that’s usually called property tax or alimony.” — pollster Peter Woolley on New Jersey citizens’ overwhelming support for sports betting. It’s symbolically … Continue reading →

Posted in Atlantic City, Regulation, Sports | Comments Off on Quote of the Day

Casino codependency, Chris Christie’s cowardice & other Case Bets

Posted on May 15, 2012 by David McKee

It’s too bad Steve Friess isn’t here to write this next story, because it’s right up his alley. What do you do if your big-name headliner badmouths your casino and CEO on opening night? You re-hire him, what else? Like … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Current, Donald Trump, Downtown, Entertainment, Harrah's, Internet gambling, LVCVA, Marketing, New York, Ohio, Politics, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, Taxes, The Strip, TV | 2 Comments

Jersey voters jeer ‘Net bets; A friend in high places

Posted on May 14, 2012 by David McKee

“We’ve never been this close to Internet gaming. We’ve talked about it for 10 years. And we’re closer than ever to sports betting. It certainly takes New Jersey outside traditional gaming and puts us at the forefront of the initiatives … Continue reading →

Posted in Ameristar, Atlantic City, CityCenter, Current, Election, Internet gambling, Massachusetts, Politics, Racinos, Revel, Tourism | 2 Comments

Lovemania comes to Cleveland

Posted on May 11, 2012 by David McKee

Looking like death warmed over, Caesars Entertainment CEO Gary Loveman took time from promoting the opening of Horseshoe Cleveland to try and spin the unloading of Harrah’s Maryland Heights as another brilliant masterstroke, rather than more evidence of the shambles … Continue reading →

Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Dan Gilbert, Economy, Florida, Harry Reid, Marketing, Maryland, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Wall Street | Comments Off on Lovemania comes to Cleveland

Revel: Can’t drive 55?; Another setback in Massachusetts

Posted on May 10, 2012 by David McKee

Revel, the new, $2.4 billion casino on the Boardwalk has been conducting a sort of “stealth opening,” conducting a two-month-plus dry run. Along with the stealth opening come what you might call “stealth revenues”: $13 million-plus in its first full … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Florida, Harrah's, Horseracing, Illinois, Massachusetts, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Technology, Tilman Fertitta, Tourism, Tropicana Entertainment | 1 Comment

Massachusetts: Now *this* is interesting; Bluhm’s shameless hypocrisy; Casino John

Posted on May 9, 2012 by David McKee

In an attempt to shave a few months off their casino-approval timeline, the Massachusetts Gaming Commission is going to put the horse before the cart. (I guess you’d call it a “Massachusetts Miracle.”) Potential operators’ fiscal and ethical probity will … Continue reading →

Posted in Ameristar, Atlantic City, Current, Don Barden, Donald Trump, Economy, Harrah's, Horseracing, International, Iowa, Kansas, Macau, Massachusetts, MGM Mirage, Neil Bluhm, New York, Ohio, Pansy Ho, Penn National, Pennsylvania, Politics, Racinos, Regulation, Singapore, Taxes, Tribal | 1 Comment

“It was 20 years ago today …”

Posted on May 8, 2012 by David McKee

Well, not quite. But with the Southern Gaming Summit convening today in Biloxi, it’s as good a moment as any to look back on the quaint beginnings of what’s now a kind of American Riviera. Eleven casinos, 5,598 hotel rooms, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Columbia Sussex, Current, history, Isle of Capri, Marketing, Mississippi, Tropicana Entertainment | Comments Off on “It was 20 years ago today …”

St. Louis: Penn in, Harrah’s out

Posted on May 8, 2012 by David McKee

A ways back, the news broke that Caesars Entertainment — being well and truly on its uppers — was trying to shop as many as 10 Southern and Midwest casinos. The goal was to raise at least $500 million to … Continue reading →

Posted in Ameristar, Atlantic City, Current, Election, Florida, Harrah's, Illinois, International, Iowa, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 4 Comments

Lies, damned lies and Illinois statistics; SJM: Still hanging in there

Posted on May 7, 2012 by David McKee

If state Rep. Lou Lang (D), the economic Rasputin of the upper Midwest, and his allies in the horsey set were actually conspiring to topple Illinois‘ casino industry in favor of quick-and-dirty racinos, they’ve done it cunningly. Frontal attacks on … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Economy, Harrah's, Horseracing, Illinois, Indiana, Iowa, Macau, MGM Mirage, Missouri, Neil Bluhm, Penn National, Politics, Racinos, Slot routes, Stanley Ho, Wall Street | Comments Off on Lies, damned lies and Illinois statistics; SJM: Still hanging in there

Quote of the Day

Posted on May 4, 2012 by David McKee

“The delicatessen down the street is going to go out of business. The nightclub around the corner is going to go out of business. Don’t have any illusions about that.” — former New Jersey Casino Control Commission Chairman Steven Perskie, … Continue reading →

Posted in Atlantic City, Economy, Massachusetts, Regulation | Comments Off on Quote of the Day

Get over it, Vegas; Fat City

Posted on April 27, 2012 by David McKee

Some local businessmen busted out the crying towels last weekend and threw themselves a pity party in the pages of the Los Angeles Times. Now, the wipeout of the Las Vegas economy is — or should be — old news … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Cosmopolitan, Dining, Economy, Encore, Environment, MGM Mirage, Politics, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tourism | 4 Comments

Big Brother is triangulating you; Dark days for LVH, Riv; Pinnacle’s Lone Star play

Posted on April 26, 2012 by David McKee

Just to make sure you’re not piggybacking onto its mobile-gambling systems, Cantor Gaming is partnering with Locaid to provide “geo-fencing” for its pocket casinos, which can now be played damn near anywhere on a casino property. (The real endgame, however, … Continue reading →

Posted in Atlantic City, Cantor Gaming, Colony Capital, Colorado, Donald Trump, Entertainment, Goldman Sachs, Hooters, Horseracing, Internet gambling, Louisiana, Penn National, Pinnacle Entertainment, Racinos, Riviera, Sheldon Adelson, Taxes, Texas, The Strip, TV, Wall Street | 2 Comments

Wall Street to Boyd: “Bleah!”; Blood & Gore

Posted on April 25, 2012 by David McKee

It was a thankless day for Boyd Gaming: It exceeded Wall Street‘s expectations for 1Q12 and stock analysts yawned in the company’s face. Wrote Deutsche Bank‘s Carlo Santarelli, “the fundamental setup … remains tough,” due to a highly competitive locals … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Dennis Gomes, Downtown, Economy, Goldman Sachs, Harrah's, Louisiana, Mississippi, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Wall Street | Comments Off on Wall Street to Boyd: “Bleah!”; Blood & Gore

MGM: Riding the crazy train; Rendering unto Caesars

Posted on April 25, 2012 by David McKee

If somebody loaned you a few hundred million, unsecured, you want to come to Las Vegas and lay some big wagers, right? MGM Resorts International has been there, done that. So it’s looking elsewhere to place its bets. And why … Continue reading →

Posted in Ameristar, Atlantic City, CityCenter, Donald Trump, Economy, Florida, Genting, Harrah's, International, M Resort, Massachusetts, MGM Mirage, New York, Penn National, Singapore, Taxes, The Strip, Tourism, Tribal, TV, Wall Street | 3 Comments