Category Archives: Boyd Gaming

What a difference four years makes; Lowden follies

Posted on November 13, 2009 by David McKee

In the course of correcting the record about former North Las Vegas mayor — and current gubernatorial aspirant — Michael Montandon (R) on a different Web site, I had to cause to dust off an old press clipping. Back when … Continue reading →

Posted in Archon Corp., Boyd Gaming, Economy, Election, Gary Goett, North Las Vegas, Politics, Station Casinos | 1 Comment

Strip bottoming out

Posted on November 10, 2009 by David McKee

September’s Nevada gaming revenue numbers are in and the good news is that the Strip is only -4% year/year. (Strip revs were down all of ’08 but didn’t fall off the cliff until October, when they tumbled 26%.) This makes … Continue reading →

Posted in Aristocrat, Boulder Strip, Boyd Gaming, Columbia Sussex, Current, Economy, G2E, Harrah's, Herbst Gaming, International, Isle of Capri, Macau, Mesquite, Ohio, Reno, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, The Strip, Tourism, Transportation, Wall Street | Comments Off on Strip bottoming out

Trouble in River City

Posted on November 9, 2009 by David McKee

In a shocking development that’s bound to set tongues a-wagging, Pinnacle Entertainment CEO Dan Lee has “resigned to pursue other business interests” (industry-speak for “Don’t let the doorknob hit you in the butt”). The buzz is that Pinnacle’s strategy was … Continue reading →

Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Current, Economy, Fontainebleau, Harrah's, Louisiana, Missouri, Pinnacle Entertainment, Planet Hollywood, Politics, Regulation, Station Casinos | 8 Comments

Dark days for the clown house?

Posted on November 2, 2009 by David McKee

During all the economic Sturm und Drang of the last two years, MGM Mirage has — to its great credit — not been shy about offering comps, discounts and promotions to keep people coming back. However, its latest promotional allowances … Continue reading →

Posted in Boyd Gaming, Current, Economy, Fontainebleau, Marketing, MGM Mirage, Riviera, The Strip, Tourism | 1 Comment

Case Bets: CityCenter, Boyd odyssey, Massachusetts & the “Admiral”

Posted on November 2, 2009 by David McKee

There’s continued apprehension about MGM Mirage‘s $8.5 billion, 7,200-unit CityCenter, especially now that hotel rooms there are going for less than ones at either the Venetian or Encore. (Thinking positively: Who knew CityCenter was going to be so affordable?) Business … Continue reading →

Posted in Architecture, Boyd Gaming, CityCenter, Current, Economy, Encore, Harrah's, Kansas, Massachusetts, MGM Mirage, Missouri, Ohio, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, The Strip, Tourism, Wall Street | 8 Comments

Boyd: A waiting game

Posted on October 27, 2009 by David McKee

That’s the economic forecast of J.P. Morgan analysts after Boyd Gaming came in slightly under its cash-flow projections for the third quarter. Borgata remained a bright spot, reaching record levels of market share in Atlantic City (a staggering 19%) in … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Illinois, Indiana, Louisiana, Morgans Hotel Group, Neil Bluhm, New York, Pennsylvania, Racinos, The Strip, Tourism, Wall Street | 6 Comments

Adieu F-bleau, hello Hollywood?

Posted on October 26, 2009 by David McKee

Look what just fell into the S&G mailbag: Beginning January 1, 2010 Penn National Gaming will partner with RPM Advertising to develop and execute a brand identity for Hollywood Casinos.  The full service assignment will incorporate research, brand development, media … Continue reading →

Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Current, Donald Trump, Economy, Entertainment, Fontainebleau, Harrah's, Marketing, MGM Mirage, Penn National, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, TV | 1 Comment

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

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?

Case Bets: Corzine, Penn vs. MTR, Pinnacle, Manilow & strippers

Posted on October 7, 2009 by David McKee

Forbidden by New Jersey law from directly contributing to political campaigns, casino companies are making an end run through Virginia. Harrah’s Entertainment, Boyd Gaming and IGT are among those funneling campaign cash into a reverse version on the Underground Railroad. … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Economy, Election, Entertainment, Harrah's, Horseracing, IGT, Illinois, Iowa, Kansas, Louisiana, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, The Strip | Comments Off on Case Bets: Corzine, Penn vs. MTR, Pinnacle, Manilow & strippers

Trop, Sands purges continue

Posted on September 30, 2009 by David McKee

It’s official: “Pit Bull of Comedy” Bobby Slayton has snarled his last at the Tropicana Las Vegas. Thus endeth a brief, inauspicious reign by Anthony Cools over the Trop’s upstairs showroom. A well-placed source advises LVA that Beatles tribute show … Continue reading →

Posted in Alex Yemenidjian, Architecture, Boyd Gaming, CityCenter, Cosmopolitan, Economy, Entertainment, Fontainebleau, George Maloof, Harrah's, MGM Mirage, Planet Hollywood, Station Casinos, The Strip, Tropicana Entertainment | Comments Off on Trop, Sands purges continue

Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)

Posted on September 28, 2009 by David McKee

Pay taxes, that is. Two Indiana racinos are pushing back against a tax rate that averages 38%. Considering that the two tracks — one run by Cordish Gaming — are the newbies on the Hoosier State scene, one could fairly … Continue reading →

Posted in Alex Yemenidjian, Boyd Gaming, CityCenter, Cordish Co., Cosmopolitan, Fontainebleau, Harrah's, Horseracing, Indiana, International, MGM Mirage, Penn National, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Comments Off on Hell no, they won't; Penghu punk'd; Barbarians at the gates (again)

Terror at Sam's Town?

Posted on September 17, 2009 by David McKee

On Sept. 15, local blogger Flipchip reported that Sam's Town was being swept by a crime wave. There was, he wrote, a "rash of robberies," including two perpetrated against his wife. She was, he wrote, "then berated by the on-duty … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Current | Comments Off on Terror at Sam's Town?

From the mailbag #4: California, tech troubles & 'resort fees'

Posted on September 10, 2009 by David McKee

Reader Kerr Mudgeon is less than amused by a recent dig at the cuisine offered by Commerce Casino to California firefighters. He writes: "The firefighters can go to numerous other nearby eateries if they don't like the FREE meals offered … Continue reading →

Posted in Boulder Strip, Boyd Gaming, California, Current, Harrah's, Marketing, MGM Mirage, Morgans Hotel Group, Planet Hollywood, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism | Comments Off on From the mailbag #4: California, tech troubles & 'resort fees'

Optimism in Macao, euphoria at CityCenter

Posted on September 8, 2009 by David McKee

Relaxation of stringent visa restrictions from Guangdong Province came a full four months sooner than expected, starting Sept. 1. Now, residents will be able to visit Macao once a month instead of quarterly. While this has prompted J.P. Morgan to … Continue reading →

Posted in Ameristar, Architecture, Atlantic City, Bally Technologies, Boulder Strip, Boyd Gaming, California, CityCenter, Cordish Co., Current, Economy, Entertainment, IGT, Indiana, Kansas, Macau, MGM Mirage, Penn National, Pinnacle Entertainment, Planet Hollywood, Sheldon Adelson, Station Casinos, Technology, The Strip, Wall Street, WMS Industries | Comments Off on Optimism in Macao, euphoria at CityCenter

Colony Capital comedy

Posted on August 21, 2009 by David McKee

Having borrowed money to buy the Las Vegas Hilton five years ago at a dirt-cheap $200 million, Colony Capital — those financial wizards — borrowed $250 million more to retire the first loan. (Does Colony intend to pay off the … Continue reading →

Posted in Boyd Gaming, Colony Capital, Fontainebleau, Harrah's, LVCVA, Penn National, Phil Ruffin, Plaza, Regulation, Steve Wynn | Comments Off on Colony Capital comedy

Economic recovery in sight?

Posted on August 19, 2009 by David McKee

Vegas casino F&B directors seem to think so. From our trusty LVA research department comes word that The Orleans and Mandalay Bay are ending their one-price-all-day buffet specials. Better/worse still, Palace Station is hiking the price of its buffet — … Continue reading →

Posted in Boyd Gaming, CityCenter, Dining, Economy, Entertainment, MGM Mirage, Monte Carlo fire, Station Casinos, Taxes | Comments Off on Economic recovery in sight?

Just what the doctor ordered

Posted on August 19, 2009 by David McKee

With Eastern Division President Carlos Tolosa calling it a day, Harrah's Entertainment is dispatching Atlantic City native Don Marrandino to try and turn things around out there. (No word on whether the Alizma triplets will accompany him eastward.) Marrandino's portfolio … Continue reading →

Posted in Atlantic City, Boyd Gaming, CityCenter, Current, Economy, Fontainebleau, Harrah's, MGM Mirage, The Strip | Comments Off on Just what the doctor ordered

Economic recovery in sight?

Posted on August 19, 2009 by David McKee

Vegas casino F&B directors seem to think so. From our trusty LVA research department comes word that The Orleans and Mandalay Bay are ending their one-price-all-day buffet specials. Better/worse still, Palace Station is hiking the price of its buffet — … Continue reading →

Posted in Boyd Gaming, CityCenter, Dining, Economy, Entertainment, MGM Mirage, Monte Carlo fire, Station Casinos, Taxes | Comments Off on Economic recovery in sight?

Reality check

Posted on August 18, 2009 by David McKee

It's sackcloth-and-ashes time at the Las Vegas Review-Journal, which ran another "The end is nigh" story about falling gambling revenues. (The Aliante Station Effect appears to have petered out in North Las Vegas.) Yes, we're all the way down, down, … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Harrah's, Marketing, MGM Mirage, Michael Gaughan, North Las Vegas, Station Casinos, Taxes, The Strip, Tourism, Wall Street | Comments Off on Reality check