Category Archives: Dan Gilbert

D, Trop try something different; Cannibalization comes to Ohio

Posted on November 12, 2012 by David McKee

Nothing says ‘November in Las Vegas‘ quite like a beach club. Yes, after unending delays, Nov. 16 is the date certain for the opening of Bagatelle Beach & Supper Club. If Bagatelle does, as promised, deliver “afternoons that transport guests … Continue reading →

Posted in Alex Yemenidjian, Current, Dan Gilbert, Derek Stevens, Downtown, Economy, Entertainment, Harrah's, Marketing, MTR Gaming, Ohio, Penn National, Racinos, The Strip | Comments Off on D, Trop try something different; Cannibalization comes to Ohio

Pinnacle’s Vietnamese quagmire; Caesars’ South American pullback

Posted on November 12, 2012 by David McKee

Last Friday, Pinnacle Entertainment tiptoed out with a little bombshell that may have detonated into your e-mail or stock portfolio. In brief: Vietnam‘s planned Ho Tram Strip casino resort is in deep shit. As a 26% owner of the project, … Continue reading →

Posted in Architecture, Current, Dan Gilbert, Harrah's, International, Marketing, Maryland, MGM Mirage, Ohio, Pinnacle Entertainment, Wall Street | 1 Comment

Wake up with Loveman; More election aftermath

Posted on November 8, 2012 by David McKee

No sooner were Wall Street analysts uttering serious concerns about a slow post-Sandy recovery for Atlantic City than who should pop up on CBS This Morning but Caesars Entertainment CEO Gary Loveman, doing damage control … It’s hard to decide … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Dan Gilbert, Donald Trump, Economy, Environment, Harrah's, Internet gambling, Kentucky, Massachusetts, Pennsylvania, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Transportation, TV, Wall Street | Comments Off on Wake up with Loveman; More election aftermath

Revenue roundup: Ohio, Maryland, Missouri & Indiana; Mohegan Sun snow job

Posted on October 11, 2012 by David McKee

Let’s start with the new kid on the block … Ohio: September saw Ohio‘s two casinos and one racino rake in an aggregate $50 million. The ‘novelty factor’ has waned, along with vacation time, since June’s $58 million haul, but … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Dan Gilbert, Don Barden, Economy, Election, Harrah's, Illinois, Indiana, Isle of Capri, Kansas, Maryland, Massachusetts, Missouri, MTR Gaming, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Taxes, Tribal, Tropicana Entertainment, Wall Street, West Virginia | 2 Comments

And Columbus makes three …

Posted on October 9, 2012 by David McKee

Fittingly, Penn National Gaming chose Columbus Day to open its newest casino, in the Ohio city that bears the name of the man who didn’t quite discover America in 1492. With 3,000 slots and 100 tables, it’s loaded for bear. … Continue reading →

Posted in Architecture, Current, Dan Gilbert, Dining, Economy, Harrah's, Indiana, M Resort, Missouri, MTR Gaming, Ohio, Penn National, Racinos, Station Casinos, Taxes, Technology, The Strip, TV, Wall Street | 3 Comments

Sunny summer in Pennsylvania; Stanley Ho seen!

Posted on September 18, 2012 by David McKee

Except for a 4% slippage in July, the motto around Pennsylvania might be, “Cannibalization? What cannibalization?” The Keystone State has shrugged off new competition from Ohio, from New York City, from Revel in Atlantic City, and even from within the … Continue reading →

Posted in Atlantic City, Current, Dan Gilbert, Harrah's, Macau, Neil Bluhm, New York, Ohio, Penn National, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Stanley Ho, Tribal, Wall Street | Comments Off on Sunny summer in Pennsylvania; Stanley Ho seen!

Emperor Loveman’s new clothes

Posted on September 7, 2012 by David McKee

When I said a Caesars Entertainment bankruptcy was a matter of when, not if, little idea did I have how soon that might be. Earlier this week, Fitch Ratings Service lowered Caesars’ bond rating to “negative,” a veritable kiss of … Continue reading →

Posted in Current, Dan Gilbert, Harrah's, International, Internet gambling, Massachusetts, Ohio, Pennsylvania, Racinos, Taxes, The Strip, Wall Street, World Series of Poker | 7 Comments

Loveman heir abdicates; VLTs hit Ohio tomorrow; Wayne’s World II

Posted on May 31, 2012 by David McKee

Shares of Caesars Entertainment sank today on the news that CFO Jonathan Halkyard has quit, taking an equivalent position at NV Energy. Although the latter’s financial outlook is far rosier, with scant long-term debt, its revenue base ($611 million last … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dan Gilbert, Economy, Harrah's, history, Iowa, Louisiana, Massachusetts, MGM Mirage, Mississippi, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Tilman Fertitta, Tourism, Tribal, Wall Street, Wayne F. Newton | Comments Off on Loveman heir abdicates; VLTs hit Ohio tomorrow; Wayne’s World II

Holy Toledo!; D-Day in Massachusetts

Posted on May 29, 2012 by David McKee

Citizens of Toledo put on their best wife-beater and queued up for opening day at Penn National Gaming‘s brand-new Hollywood Casino Toledo. Sure, Revel had Beyoncé but H’wood Toledo had … Jamie Farr (plus ABBA impersonators). So there, Atlantic City! … Continue reading →

Posted in ABBA, Architecture, Current, Dan Gilbert, Election, Entertainment, Harrah's, Massachusetts, Ohio, Penn National, Regulation, Tribal | 4 Comments

Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Posted on May 25, 2012 by David McKee

That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming | Comments Off on Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Casinos in Ohio: We have liftoff

Posted on May 15, 2012 by David McKee

How’s that for flair? Vegas casino openings are going to have raise their — pardon the pun — game. Last night, Horseshoe Casino Cleveland opened with a hella big splash, packing all the nearby hotels and generating heavy media coverage. … Continue reading →

Posted in Current, Dan Gilbert, Harrah's, Ohio, Tourism | 1 Comment

Lovemania comes to Cleveland

Posted on May 11, 2012 by David McKee

Looking like death warmed over, Caesars Entertainment CEO Gary Loveman took time from promoting the opening of Horseshoe Cleveland to try and spin the unloading of Harrah’s Maryland Heights as another brilliant masterstroke, rather than more evidence of the shambles … Continue reading →

Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Dan Gilbert, Economy, Florida, Harry Reid, Marketing, Maryland, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Wall Street | Comments Off on Lovemania comes to Cleveland