Category Archives: Current

How ’bout “Frankie & Lon’s Shack o’ Slots”?

Posted on May 5, 2010 by David McKee

So, will $10 billion Viva precede or follow those condo towers next to Palace Station in the grand Station scheme of things? There are any number of gaming companies about which one can write with approbation. Station Casinos is not … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Colony Capital, Current, Economy, Station Casinos, Wall Street | 9 Comments

Quote of the Day

Posted on May 5, 2010 by David McKee

“There was a time where I wouldn’t walk in there for fear of getting a secondary lung disease. Now, it’s as cool and neat as a place as there is in the entire downtown.” — Las Vegas Mayor Oscar Goodman, … Continue reading →

Posted in Current, Downtown, Oscar Goodman | 4 Comments

Macao’s best month ever

Posted on May 3, 2010 by David McKee

Pace T.S. Eliot, April was not the cruelest month for Macao. Quite the contrary: The protectorate posted gambling revenues of $1.72 billion, a single-month record. Galaxy Entertainment (whose new Cotai Strip™ pleasure palace is pictured, above) brought up the rear, … Continue reading →

Posted in Current, Economy, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn | Comments Off on Macao’s best month ever

Harrah’s big buffet bungle

Posted on April 30, 2010 by David McKee

Let it be said at the outset that $39.99 for X number of meals at (most of) Harrah’s Entertainment‘s Strip buffets — up from $29.99 — is still one heckuva deal. If you can manage, say, breakfast, lunch and two … Continue reading →

Posted in Current, Dining, Harrah's, M Resort, Marketing, Planet Hollywood, Technology, The Strip | Comments Off on Harrah’s big buffet bungle

Sickness, health & Shakespeare

Posted on April 30, 2010 by David McKee

No sooner was the S&G software restored to working order than Yr. Humble Blogger was laid low by either A) too much indulgence in Harrah’s Entertainment‘s “Buffet of Buffets” or B) my worst fibromyalgia attack in years. Given Vegas’ recent … Continue reading →

Posted in Current, Dining, Entertainment, Harrah's, Macau, Steve Wynn, The Strip | 1 Comment

Harrah’s red-headed stepchild

Posted on April 23, 2010 by David McKee

If we (you, me, everybody) had a dollar for ever time we heard a rumor that Harrah’s Entertainment was putting The Rio on the block, we could pool enough moolah to amortize CEO Gary Loveman‘s recent $100,000 pay cut. Our … Continue reading →

Posted in Archon Corp., Atlantic City, Current, Economy, George Maloof, Harrah's, International, James Packer, Laughlin, Planet Hollywood, Station Casinos, The Strip, Wall Street | 10 Comments

Quote of the Day

Posted on April 23, 2010 by David McKee

“Guuuuuuuuuuuuyyyyyyyyyyyyy?!?!?!?!?” — friend’s shocked reaction to being vouchsafed the information that elfin Cirque du Soleil founder Guy Laliberté was a former lover of forever-in-the-news (and never in a good way) model Naomi Campbell. Now we know why Laliberté hitched a … Continue reading →

Posted in Cirque du Soleil, Current | Comments Off on Quote of the Day

Ozzy has left the building

Posted on April 22, 2010 by David McKee

Rock-based revues and tribute shows are biting the dust left and right, according to our LVA research staff. As the Riviera (whose workforce has been allegedly reduced by 60%) creeps toward the grave, Masters of Rock preceded it last Saturday, … Continue reading →

Posted in Current, Economy, Entertainment, Planet Hollywood, Riviera, Station Casinos, The Strip | 1 Comment

Quote of the Day

Posted on April 22, 2010 by David McKee

“It’s retribution, and it’s an incredibly bad business decision because there is so much brand equity wrapped up in that Mirage name. Kirk Kerkorian would not have bought those resorts were it not for all the value and mystique that … Continue reading →

Posted in Current, MGM Mirage, Steve Wynn, Wall Street | 2 Comments

Quote of the Day

Posted on April 16, 2010 by David McKee

“This is new CEO Anthony Sanfilippo’s first major (at least public) decision and one that, in our opinion, shows strong and rational capital allocation decision-making.” — J.P. Morgan analyst Joseph Greff, lauding Pinnacle Entertainment‘s decision to scuttle its Sugarcane Bay … Continue reading →

Posted in Current, Louisiana, Pinnacle Entertainment, Wall Street | Comments Off on Quote of the Day

Massive defeat for Patrick in Mass.

Posted on April 15, 2010 by David McKee

Lawmakers in Massachusetts ran roughshod over Gov. Deval Patrick (D), overwhelmingly approving a four-racino, two-casino formula the governor opposes. They also resisted the urgings of those who would put the two, $500 million casino resorts out in the boonies, giving … Continue reading →

Posted in Current, Economy, Macau, Massachusetts, Politics, Regulation, Sheldon Adelson, The Mob, Tribal | 2 Comments

Harrah’s robbing Peter to buy Paul

Posted on April 15, 2010 by David McKee

When executives of Harrah’s Entertainment credit “hard-nosed” negotiating tactics for their success is reducing the company’s preposterous debt level, one suspects that threats of default and bankruptcy serve as the rhetorical equivalents of the rubber hose and brass knuckles. It’s … Continue reading →

Posted in Archon Corp., Current, Economy, Entertainment, Harrah's, International, Internet gambling, Macau, Mississippi, Planet Hollywood, Politics, Regulation, Riviera, The Strip, Wall Street, World Series of Poker | Comments Off on Harrah’s robbing Peter to buy Paul

Case Bets: St. Louis, Florida & antiques

Posted on April 15, 2010 by David McKee

It was the best of times … almost. Pinnacle Entertainment‘s opening of River City not only propelled a 9% increase in casino revenue in the St. Louis market, it gave the area “its busiest month ever.” While River City’s $15.9 … Continue reading →

Posted in Ameristar, Boyd Gaming, Current, Economy, Entertainment, Harrah's, Missouri, Pinnacle Entertainment, Politics, Reno, Sheldon Adelson, Tribal, Wall Street | 2 Comments

New train on the block

Posted on April 14, 2010 by David McKee

While the rival maglev-to-Anaheim and high-speed Las Vegas-to-Victorville train projects duke it out for funding and bragging rights, a third Vegas-to-SoCal project has entered the fray. Las Vegas Railway Express proposes to employ existing infrastructure and trains, reducing by three … Continue reading →

Posted in California, Current, Regulation, Transportation | 3 Comments

Quote of the Day

Posted on April 14, 2010 by David McKee

“Now, there’s an invitation I can’t refuse! Don’t think I want to be one of their freefalling guinea pigs.” — Las Vegan’s response to an invitation to become of one of the first to experience the Stratosphere‘s new 855-foot, 40-mph … Continue reading →

Posted in Current, Entertainment, Goldman Sachs, The Strip, Tourism | 3 Comments

Blast from the past

Posted on April 13, 2010 by David McKee

Ever wonder what the then-Portugese enclave was like before Stanley Ho came along and built a casino empire that would change the visage of Macao irrevocably and beyond recognition, potentially eclipsing Las Vegas itself? Here are some vignettes circa 1960.

Posted in Current, Macau, Stanley Ho | 4 Comments

A “Titanic” offer

Posted on April 13, 2010 by David McKee

Through Sunday, Luxor is celebrating — if that’s the word — the 98th anniversary of the sinking of the RMS Titanic. For instance, tonight you can swap your exhibit ticket for a free drink or appetizer at (where else?) Tacos … Continue reading →

Posted in Current, Dining, Entertainment, Marketing, MGM Mirage, The Strip | Comments Off on A “Titanic” offer

A “sudden malady” it was

Posted on April 12, 2010 by David McKee

Last week, when pondering the largely (in the case of the Las Vegas Review-Journal) or completely (in the instance of the Las Vegas Sun) botched coverage of the simultaneous Macao scandals afflicting Las Vegas Sands and MGM Mirage, I puzzled … Continue reading →

Posted in Current, Macau, MGM Mirage, Regulation, Sheldon Adelson, Technology | 3 Comments

Caveat lector!

Posted on April 9, 2010 by David McKee

It appears that Harrah’s Entertainment‘s big buffet offer, encompassing seven Strip properties, isn’t quite as good as it sounded to us at LVA at first blush. A fellow staffer writes: “I have a feeling that the Harrah’s buffets are keeping … Continue reading →

Posted in Current, Dining, Harrah's, Marketing, MGM Mirage, The Strip | 8 Comments

Harrah’s ups the ante

Posted on April 9, 2010 by David McKee

Yr. Humble Blogger is a fan of the Las Vegas buffet scene — and owns the waistline to prove it. Starting Monday, Harrah’s Entertainment ratchets up the temptation factor by keeping seven of its Strip buffets open round the clock. … Continue reading →

Posted in Columbia Sussex, Current, Dining, George Maloof, Harrah's, M Resort, Marketing, MGM Mirage, Planet Hollywood, The Strip | 2 Comments