Category Archives: Current

Station: We love ourselves

Posted on October 27, 2011 by David McKee

If you live in the Las Vegas area, you’ve been exposed to the months-long “We Love Locals” ad blitz with which Station Casinos has been attempting to shore up its image. The company’s heedless expansionism, exorbitant executive salaries, its LBO … Continue reading →

Posted in Boulder Strip, Current, Economy, Marketing, Movies, Sheldon Adelson, Station Casinos, Steve Wynn, TV | 2 Comments

Quote of the Day

Posted on October 26, 2011 by David McKee

“This is what it has come to for the man who created a Nevada wave in 2008, winning the state by 12 percentage points, pulling Democrats up and down the ticket to victory … [President Barack] Obama previously had been … Continue reading →

Posted in Current, Economy, Election, Politics | 1 Comment

Quotations from Chairman Steve; Elvis catches fire

Posted on October 26, 2011 by David McKee

Perhaps due to his eagerness to get Wynn Cotai jump-started, Steve Wynn has become an even more pliant sock puppet for China‘s central government than was Sheldon Adelson. It must be a source of great amusement among the ruling elite … Continue reading →

Posted in Cordish Co., Current, Economy, Entertainment, Harrah's, International, Macau, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Taxes, TV, West Virginia | 3 Comments

Lies, damned lies & Illinois; Casino overboard!

Posted on October 25, 2011 by David McKee

Way to go, Joe Canfora! The Merit Casino CEO shows how impressive a statistic can sound when taken out of context. By stating “there are more slot machines per 100,000 people in Iowa than there are in Illinois,” Canfora craftily … Continue reading →

Posted in Ameristar, Current, Economy, Harrah's, Illinois, Iowa, Midnight Jim Gibbons, Regulation | 1 Comment

Detroit: one down, two to go

Posted on October 25, 2011 by David McKee

Workers at eternally struggling Greektown Casino didn’t need a translator to read the handwriting on the wall. Nearly 75% of them voted to ratify a new union contract last night. In return for modest financial incentives, employees will be shouldering … Continue reading →

Posted in Atlantic City, Culinary Union, Current, Detroit, Economy, The Strip | Comments Off on Detroit: one down, two to go

Detroit: The art of the deal

Posted on October 24, 2011 by David McKee

Labor unions in Detroit will have a hard time selling the rank and file on their new pact with three Motown casinos. Despite enjoying an upward revenue trend, the casinos appear to be pleading poverty, requiring that workers pay a … Continue reading →

Posted in Current, Detroit, Economy, MGM Mirage, Ohio | 1 Comment

Aliante Station changes hands but little else; Amigo Adelson

Posted on October 21, 2011 by David McKee

Aliante Station is now formally the property of Texas Pacific Group, Standard General and Apollo Management. Two of those funds also own Caesars Entertainment, which might create some interesting “Chinese wall” situations. (Can’t have trade secrets passing back and forth, … Continue reading →

Posted in Boyd Gaming, Colorado, Current, Economy, Entertainment, Environment, Harrah's, International, North Las Vegas, Regulation, Sheldon Adelson, Station Casinos, Taxes | Comments Off on Aliante Station changes hands but little else; Amigo Adelson

iTrump, scandal, Sachs and tax

Posted on October 21, 2011 by David McKee

Cyber-Trump. Faux ex-presidential candidate and NBC-TV comedy star Donald Trump has made his views known on Internet gambling … like anybody cares. Prepare for a shocker, folks. The Donald is — Gasp! — in favor of it. There was, of … Continue reading →

Posted in Alabama, Atlantic City, Carl Icahn, Colony Capital, Cretins, Culinary Union, Current, Detroit, Don Barden, Economy, Election, Goldman Sachs, Harrah's, Internet gambling, MGM Mirage, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism | 1 Comment

Quote of the Day

Posted on October 21, 2011 by David McKee

“For whatever you think of [Mitt] Romney and his callous message to Nevadans, the lesson here is this: Once you’ve fallen for the scam — be it Tulips in 1630, Pets.com in 1999, or Las Vegas houses in 2005 — … Continue reading →

Posted in Current, Economy | Comments Off on Quote of the Day

MSM tunes Steve Wynn out

Posted on October 20, 2011 by David McKee

Has Steve Wynn jumped the shark? That is a question I never, ever thought I’d be asking. But an interesting thing happened in the wake of Winn Wynn Resorts‘ most recent conference call. Toward the end, he went on his … Continue reading →

Posted in Boyd Gaming, California, Carl Icahn, Current, Donald Trump, Economy, Florida, Harrah's, history, Illinois, International, Massachusetts, MGM Mirage, Plaza, Politics, Racinos, Regulation, Sheldon Adelson, The Strip, Tourism, Wall Street | 5 Comments

What if they gave a casino and no one came?

Posted on October 18, 2011 by David McKee

Such been the plight of Maryland, a state that’s experienced the curious predicament of having more casino licenses than applicants. It’s much the same as Kansas, where things have gone awful quiet. Now, Kansas is like a corn-fed Macao: You … Continue reading →

Posted in Cordish Co., Current, Donald Trump, Economy, G2E, Harrah's, International, Isle of Capri, Kansas, Macau, Maryland, Ohio, Penn National, Racinos, Regulation, Taxes, West Virginia | 1 Comment

What’s said in Vegas …

Posted on October 18, 2011 by David McKee

Confronted with a bunch of mossbacked codgers (the Las Vegas Review-Journal editorial board) and a backwater newspaper whilst warming up for his Venetian gig tonight, Mitt Romney must have figured he had the luxury of thinking aloud. What happens here, … Continue reading →

Posted in Current, Economy, Election, G2E, Lake Las Vegas, LVCVA, Sheldon Adelson, Tourism, TV | 2 Comments

Strangest gambling scandal ever?

Posted on October 18, 2011 by David McKee

Politics and gambling have literally gone to the dogs in West Virginia. A certain Harry Marshall Rae has pleaded ‘not guilty’ to attempted extortion of Gov.-elect Earl Ray Tomblin (D). At issue is an alleged $50,000 demand — placed on … Continue reading →

Posted in Animals, Current, Internet gambling, Politics, Racinos, The Mob, West Virginia | Comments Off on Strangest gambling scandal ever?

Big ‘boing’ in Pennsylvania; Labor strife in Detroit

Posted on October 18, 2011 by David McKee

Casino revenues last month in Pennsylvania must have been riding a pogo stick — up 13% from last year. That includes a 39% moonshot in table revenues. Leaders include Sands Bethlehem (22%, right), while Penn National‘s eponymous racino must be … Continue reading →

Posted in Cannery Casino Resorts, Current, Detroit, Economy, Genting, Harrah's, Indiana, International, Louisiana, MGM Mirage, Neil Bluhm, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sports, Taxes | Comments Off on Big ‘boing’ in Pennsylvania; Labor strife in Detroit

Pat Quinn finally gets it

Posted on October 17, 2011 by David McKee

After four months of vacillation, Gov. Pat Quinn (D-IL) has gotten off the fence and announced his opposition to multiple racinos within Illinois (and to slot routes at airports). Noting that the state already subsidizes the sport of kings, he … Continue reading →

Posted in Atlantic City, Current, Horseracing, Illinois, New York, Politics, Racinos, Regulation, Sports | Comments Off on Pat Quinn finally gets it

NIMBY time in Maine

Posted on October 17, 2011 by David McKee

Having gotten the nod from Maine legislators, a third casino could soon be heading the state’s way. Appropriately enough, it will appear on the ballot as Question Three. Opponent Jim Handy has his shorts in a wad over the location … Continue reading →

Posted in Architecture, Current, Economy, Election, Maine, Massachusetts, Penn National, Politics, Racinos | Comments Off on NIMBY time in Maine

The King of Palm Beach

Posted on October 14, 2011 by David McKee

Florida‘s seven struggling, casino-enabled parimutuels could become eight, with the entry of a new player … While the courts have now made it possible for Don King to make an end-run around Palm Beach County voters, if necessary, by taking … Continue reading →

Posted in Current, Economy, Florida, G2E, Harrah's, Isle of Capri, Politics, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tribal | 2 Comments

Quote of the Day

Posted on October 13, 2011 by David McKee

“You can’t legislate everything in life. People [from Massachusetts] are gaming in Connecticut, Rhode Island, Las Vegas and Atlantic City.” — state Rep. Paul K. Frost (R-Auburn), speaking in support of Massachusetts’ nascent casino industry.

Posted in Atlantic City, Current, Economy, Massachusetts, Politics, The Strip, Tourism | Comments Off on Quote of the Day

Breakthrough in Massachusetts

Posted on October 13, 2011 by David McKee

This just in … the Massachusetts state Senate voted 24-14 to send casino legalization on to a conference committee, where the House’s version — passed with a crushing majority — already reposes. Differences between the two versions, obviously, will have … Continue reading →

Posted in Bally Technologies, Current, Economy, Florida, Genting, Harrah's, Horseracing, IGT, Internet gambling, Movies, Penn National, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Slot routes, Sports, Steve Wynn, Taxes, Tribal, Wall Street, WMS Industries | Comments Off on Breakthrough in Massachusetts

Quote of the Day

Posted on October 13, 2011 by David McKee

“You know, we don’t need a lot more anthropologists in the state. It’s a great degree if people want to get it, but we don’t need them here.” — Florida Gov. Rick Scott, whose daughter was — you guessed it — … Continue reading →

Posted in Current, Florida, history | Comments Off on Quote of the Day