Category Archives: Current

Revel: What’s -$2 billion among friends?

Posted on March 22, 2013 by David McKee

Stephen Sweeney (D, right), president of the New Jersey state senate, has the honor of having been the first to call for ex-Revel CEO Kevin DeSanctis‘ head on a platter. Garden State regulators moved quickly to put Mohegan Sun veteran … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Economy, Harrah's, Massachusetts, Neil Bluhm, Revel, Technology, Tropicana Entertainment, Wall Street | 1 Comment

Goodbye Western, hello SLS … ?

Posted on March 22, 2013 by David McKee

Sometimes it’s better to be lucky than right: When Tamares Group made an indiscriminate splurge on downtown Las Vegas real estate in 2004, it was banking on a construction boom that never took place. It also found itself with several … Continue reading →

Posted in CityCenter, Current, Dining, Downtown, Economy, M Resort, Marketing, Maryland, Ohio, Penn National, Sahara, Sam Nazarian, Steve Wynn, Tamares Group, The Strip, Wall Street | 1 Comment

Somebody Sent Us These II

Posted on March 20, 2013 by David McKee

Continuing a very occasional series, here are some casino-related ephemera that have washed up on the shores of cyberspace. For instance … … only about 25% of the rooms at the newly announced Gansevoort Las Vegas will enjoy this particular … Continue reading →

Posted in Architecture, Australia, Boyd Gaming, Current, Dining, Economy, Genting, Harrah's, International, MGM Mirage, Regulation, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

Trump: No longer WARN’d

Posted on March 19, 2013 by David McKee

So it was Trump Plaza, denials to the contrary, that issued last week’s inflammatory layoff notice to 1,434 workers. Trump Entertainment Resorts had posted a WARN Act notice, informing all workers at the Plaza that, as of May 10, they … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy | 4 Comments

Exit Drai’s, enter Gansevoort

Posted on March 19, 2013 by David McKee

Although East Coast-based Gansevoort Hotel Group isn’t a household name around Las Vegas, it soon could be, if a planned collaboration with Caesars Entertainment comes to fruition. The latter had briefly planned to re-do Bill’s Gamblin’ Hall & Saloon as … Continue reading →

Posted in Architecture, Current, Entertainment, Harrah's, history, Marketing, Michael Gaughan | 1 Comment

Now it can be told …

Posted on March 19, 2013 by David McKee

One of the things keeping me away from the S&G desk of late has been a trifle called Betrayal by Harold Pinter, which I’ve been staging for Las Vegas Little Theatre Studio and which opened last Friday (it runs through … Continue reading →

Posted in Current, Entertainment, history, The Strip | Comments Off on Now it can be told …

Revel: Don’t cry for him, Argentina; Are Twinkies the new Caesars?

Posted on March 13, 2013 by David McKee

Revel Atlantic City‘s day of deliverance is at hand: CEO Kevin DeSanctis has been ousted, along with Chief Investment Officer Michael Garrity. But there’s no need to shed tears over their fate. They will continue “developing amenity projects” for Revel … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Dennis Gomes, Dining, Donald Trump, Downtown, Economy, Harrah's, Internet gambling, Movies, Station Casinos, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | 2 Comments

North Strip: SLS yes, F-blew no, Riviera maybe

Posted on March 7, 2013 by David McKee

S&G contributor JeffInOKC returns from a too-long absence with some thoughts on one of our favorite topics, the North Strip … It is common for us to hear the term “Too Big to Fail,” but I think the true story … Continue reading →

Posted in Architecture, Boyd Gaming, CityCenter, Cosmopolitan, Current, Fontainebleau, Marketing, MGM Mirage, Riviera, Sahara, Sam Nazarian, Steve Wynn, The Strip, Tourism | 4 Comments

No surprise: MGM abandons Ho Tram Strip

Posted on March 7, 2013 by David McKee

As of June 3, MGM Resorts International‘s involvement in Vietnam‘s long-troubled Ho Tram Strip will be a closed chapter in the company’s history. This morning, Pinnacle Entertainment announced yet another delay — shocking! — in MGM Grand Ho Tram Beach, … Continue reading →

Posted in Current, International, MGM Mirage, Pinnacle Entertainment, Wall Street | 1 Comment

Adelson: Yes, we did! Wait, no, we didn’t! Well, OK, sorta … but not really!

Posted on March 5, 2013 by David McKee

“On the U.S. side … we view the State of Nevada as having uninspiring oversight of activities occurring in Macau. For every gap of oversight that exists from the Nevada Gaming Control Board or Nevada Gaming Commission, the U.S. Federal … Continue reading →

Posted in Atlantic City, Current, history, International, Internet gambling, Macau, Movies, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Mob, Wall Street | 3 Comments

Ader vs. IGT: Hart wins, Adelson loses

Posted on March 5, 2013 by David McKee

This just in … the long-awaited showdown at the International Game Technology shareholder meeting has taken place and seven of the eight incumbents were re-elected, including two heavyweight allies of beleaguered CEO Patti Hart: former Harrah’s Entertainment CEO Phil Satre … Continue reading →

Posted in Current, IGT, Internet gambling, Sheldon Adelson, Technology, Wall Street | Comments Off on Ader vs. IGT: Hart wins, Adelson loses

Resorts World LV: Look familiar?

Posted on March 5, 2013 by David McKee

A reader in Arizona asks the question that was on my mind yesterday and probably yours, too: “Is it just me … or does this look like just a copper/gold-colored version of CityCenter?” Agreed! (With a large helping of Mandalay … Continue reading →

Posted in Animals, Architecture, Boyd Gaming, Carl Icahn, CityCenter, Current, Entertainment, Fontainebleau, Genting, history, Macau, MGM Mirage, Morgans Hotel Group, Movies, Sheldon Adelson, The Strip | 3 Comments

Echelon no more: Boyd humiliated yet again; Caesars pulls another plug

Posted on March 4, 2013 by David McKee

If you’ll pardon my vulgarity, shit got real while I was tied up with other projects. Last week’s sale of excess baggage Dania Jai-Alai in Florida was just a tiny prelude to this morning’s blockbuster: Echelon is kaput. Instead, Boyd Gaming … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Carl Icahn, CityCenter, Current, Downtown, Economy, Environment, Florida, Fontainebleau, Genting, Harrah's, history, International, Kansas, Mississippi, New York, Plaza, Politics, Racinos, Regulation, Sahara, Singapore, Station Casinos, The Strip, Wall Street | 7 Comments

Pinnacle expands, Boyd loses face

Posted on February 28, 2013 by David McKee

Jeez, I go on sabbatical to attend to other writing commitments and hella history breaks loose: Internet gambling is now the law of Nevada and New Jersey (so much for federal legalization being “just around the corner,” huh?), Caesars Entertainment … Continue reading →

Posted in Boyd Gaming, Current, Florida, Harrah's, Internet gambling, Louisiana, Pinnacle Entertainment, Politics, The Strip | 4 Comments

Revel goes bust

Posted on February 19, 2013 by David McKee

In the most inevitable headline of 2013, Revel has — brace yourselves — filed for bankruptcy. It will become the latest in a long string of casinos that are owned and run by banks: Two-thirds of outstanding debt will be … Continue reading →

Posted in Atlantic City, Cosmopolitan, Current, Dining, Economy, Entertainment, Marketing, Revel, Wall Street | 6 Comments

Caudill: Binion’s open for business

Posted on February 19, 2013 by David McKee

Ixnay those Binion’s Gambling Hall-closure rumors. Owner Terry Caudill rang up Anthony Curtis to say that it’s (mostly) business as usual at the Downtown fixture. “Neither the casino nor the steakhouse is closing,” he told Curtis. “We have minor projects … Continue reading →

Posted in Current, Dining, Downtown, Entertainment, Terry Caudill | 2 Comments

Your move, Steve Wynn

Posted on February 18, 2013 by David McKee

Philadelphia casino-applicant frontrunner Bart Blatstein has a new sidekick. He’s ditched Hard Rock International in favor of … Isle of Capri Casinos. It’s a big win for Isle and a very embarrassing public setback for the Seminole Tribe, which Blatstein … Continue reading →

Posted in Current, Iowa, Isle of Capri, Penn National, Pennsylvania, Steve Wynn, Tribal | 2 Comments

Crunch time

Posted on February 15, 2013 by David McKee

Photo by Susannah Smitherman As though S&G correspondence hasn’t been spotty enough of late, thanks to “Maloof Flu,” a number of other external factors will be impinging on your weekly flow of ephemera and arcana. Deadlines for USA Today, Las … Continue reading →

Posted in Current, Entertainment | 1 Comment

Trump: And then there was one

Posted on February 14, 2013 by David McKee

What’s an Atlantic City casino worth? Not too bloody much, especially if the name of Donald Trump is emblazoned across the façade. Trump Entertainment Resorts has parted with unloved, unremunerative Trump Plaza and truly for a pittance — $20 million. … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Entertainment, Reno, Revel, Tropicana Entertainment | 11 Comments

SLS/Sahara: Nazarian gets his green (cards); Caesars green-lit for Cincy

Posted on February 14, 2013 by David McKee

Just when Sam Nazarian‘s mooted reinvention of the defunct Sahara as SLS Las Vegas looked dead and gone, The Naz slipped in under the wire with all the offshore money he required and a bit more: Sahara Sam needs $115 … Continue reading →

Posted in Current, Dan Gilbert, Downtown, Economy, Harrah's, International, Maryland, Ohio, Racinos, Regulation, Sahara, The Strip, Tourism | Comments Off on SLS/Sahara: Nazarian gets his green (cards); Caesars green-lit for Cincy