Category Archives: Carl Icahn

Icahn vs. Kerkorian

Posted on April 16, 2009 by David McKee

According to a brief item in the Wall Street Journal, former Stratosphere owner Carl Icahn and investment fund Oaktree Capital Management are putting the squeeze on MGM Mirage and its majority shareholder Kirk Kerkorian. Quoth the WSJ, Icahn and Oaktree … Continue reading →

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Adelson in the details

Posted on April 3, 2009 by David McKee

Nearly lost amidst a flurry of news stories about Las Vegas Sands hoping to jump-start construction on its stalled Cotai Strip™ (with the help of new equity partners) was this snippet from Sands' president of Asian affairs, Stephen Weaver. Rents … Continue reading →

Posted in Atlantic City, Carl Icahn, Columbia Sussex, Macau, Regulation, Sheldon Adelson, Singapore, Wall Street | Comments Off on Adelson in the details

How desperate is Scott Butera?

Posted on February 19, 2009 by David McKee

Perhaps sensing that the Tropicana Atlantic City is slipping irretrievably from his grasp, Tropicana Entertainment CEO Scott Butera has taken his case to the media — seeking an audience with the editorial board of The Press of Atlantic City, no … Continue reading →

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Trop's agony soon to end?

Posted on February 18, 2009 by David McKee

The bad news is that the New Jersey Casino Control Commission has voted to grant yet another extension on the interminable sale of the Tropicana Atlantic City. The good news that it’s merely been pushed out another month, not the … Continue reading →

Posted in Atlantic City, Boulder Strip, Carl Icahn, Columbia Sussex, Donald Trump, Pinnacle Entertainment, Regulation, Tropicana Entertainment, Wall Street | Comments Off on Trop's agony soon to end?