Category Archives: Donald Trump

PokerStars: Sell … or else!

Posted on May 8, 2013 by David McKee

What do you do if you’ve got a purchase agreement with Colony Capital and the latter allegedly reneges on you? If you’re Rational Group, which thought it had a $15 million deal in place to purchase the Atlantic Club Hotel, … Continue reading →

Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Internet gambling, Regulation, Tilman Fertitta | 1 Comment

Icahn nixes Trump deal; Steve Wynn’s fugitive friend

Posted on April 23, 2013 by David McKee

If Carl Icahn holds the note on your life, you are in a world of hurt, my friend. Just ask Trump Entertainment Resorts, whose $20 million sale of wretchedly performing Trump Plaza Hotel & Casino suddenly looks very shaky. What’s … Continue reading →

Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Internet gambling, Oklahoma, Politics, Regulation, Steve Wynn, Texas, Transportation | 4 Comments

A chilly wind in Atlantic City; They gave a casino and nobody came

Posted on April 11, 2013 by David McKee

One doesn’t really think of going to shore in March, so it’s no surprise that Atlantic City casino revenues were — excluding Revel — down 14% last month. The latter grossed $10 million, pulling it almost dead even with the … Continue reading →

Posted in Architecture, Boulder Strip, Boyd Gaming, Colony Capital, Current, Donald Trump, Downtown, Economy, Harrah's, Oklahoma, Revel, Slot routes, Station Casinos, Texas, Tilman Fertitta, Tourism, Transportation, Tribal | Comments Off on A chilly wind in Atlantic City; They gave a casino and nobody came

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

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

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

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

Ader strikes at IGT; Government bailout for Trump rejected

Posted on January 28, 2013 by David McKee

Rumbles of mutiny against International Game Technology CEO Patti Hart have been growing in volume for quite some time. Those growls rose to a shout today with an e-mail blast from The Ader Group, soliciting shareholder proxies for the March … Continue reading →

Posted in Current, Donald Trump, Economy, Harrah's, IGT, Illinois, International, Slot routes, Taxes, Technology, Wall Street | Comments Off on Ader strikes at IGT; Government bailout for Trump rejected

If Gary Loveman ran America … plus the usual Trump mockery

Posted on January 24, 2013 by David McKee

That’s essentially the ‘what if’ scenario taken on by Las Vegas Sun columnist J. Patrick Coolican (virtually the only person left at the Sun who’s worth reading). He’s weighed the pros and cons of the Loveman Gang, er, Business Roundtable … Continue reading →

Posted in Boyd Gaming, Current, Donald Trump, Economy, Harrah's, Massachusetts, The Strip | 3 Comments

November in Vegas: The house lost; Players jilt Caesars in A.C.

Posted on January 10, 2013 by David McKee

There’s no other way of saying it (although many are trying). Strip casinos got their clocks cleaned in November as Lady Luck favored the punters, not the house. A 13% dropoff on the Strip was driven by a perfect storm … Continue reading →

Posted in Atlantic City, Bally Technologies, Boulder Strip, Boyd Gaming, Colony Capital, Current, Donald Trump, Downtown, Economy, Harrah's, Lake Tahoe, Laughlin, North Las Vegas, Revel, Station Casinos, The Strip, Tourism, Tribal, Tropicana Entertainment, Wall Street | 5 Comments

Pinnacle makes pricey Atlantic City exit; Fertitta’s Downtown mess

Posted on January 9, 2013 by David McKee

A Wall Street Journal story from yesterday evening reports that Pinnacle Entertainment has found a buyer for its 19 acres of Boardwalk land. These were cobbled together at huge cost — $270 million or $14 million an acre — by … Continue reading →

Posted in Atlantic City, Carl Icahn, Current, Dan Lee, Donald Trump, Downtown, Economy, Environment, Pinnacle Entertainment, Regulation, Tilman Fertitta | 3 Comments

CityCenter’s clearance sale; Ameristar’s secret admirer

Posted on December 27, 2012 by David McKee

After a long, abyssal plunge, Las Vegas‘ real estate market has bottomed out — or so knowledgeable people tell me. Seems that the banks ’round here ignored Mitt Romney‘s (bad) advice to dump the “shadow inventory” en masse into the … Continue reading →

Posted in Ameristar, CityCenter, Current, Donald Trump, Economy, Election, Harrah's, Illinois, Louisiana, Massachusetts, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Sheldon Adelson, The Strip, Wall Street | Comments Off on CityCenter’s clearance sale; Ameristar’s secret admirer

A Christmas wish list …

Posted on December 24, 2012 by David McKee

For those of us who missed it this year, the best Christmas tradition of which I know. First and most importantly … To you, the reader, who makes this possible, a year of happiness, health and wealth, whether material, intellectual … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Carl Icahn, Cirque du Soleil, CityCenter, Cosmopolitan, Current, Dan Gilbert, Don Barden, Donald Trump, Entertainment, Fontainebleau, Harrah's, IGT, Illinois, Kansas, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Regulation, Revel, Sahara, Sheldon Adelson, Sports, Station Casinos, Steve Wynn, Tamares Group, Tilman Fertitta, Tropicana Entertainment, TV, Wayne F. Newton | 5 Comments

Bad timing

Posted on November 21, 2012 by David McKee

Is it any wonder that Trump International and other Donald Trump-branded hotels are struggling when they wait until the day before Thanksgiving to blast this offer to their customer base? Wouldn’t you think people had made their Black Friday and … Continue reading →

Posted in Current, Donald Trump, Marketing, The Strip, Tourism | 4 Comments

More Tales of Trump; Tribes vs. Tribes

Posted on November 20, 2012 by David McKee

Penn Jillette, never known for circumspection, has a field day with Donald Trump in his latest tome, Every Day is an Atheist Holiday. Like any patriotic American, he can’t resist a pot-shot at Trump’s combover, which is described as resembling … Continue reading →

Posted in California, Charity, Donald Trump, Regulation, Tribal, TV | 1 Comment

Smooth transition at Bally; Trumpalypse in Toronto

Posted on November 14, 2012 by David McKee

Late-breaking stories usually bode ill but it’s nothing of the sort at Bally Technologies, where a transfer of power was announced during the waning hours of the day. CEO Richard Haddrill (left) steps aside and up, moving to chairmanship of … Continue reading →

Posted in Bally Technologies, Current, Donald Trump, International, Wall Street | Comments Off on Smooth transition at Bally; Trumpalypse in Toronto

Un-Lucky by any name; Shame on Trump Entertainment

Posted on November 13, 2012 by David McKee

Since there is no problem in today’s America too trivial to be resolved with gunplay, let the record show that 31-year-old Kevin Jones Jr. was mortally wounded at the Lucky Club Casino early this morning. Jones was pronounced dead at … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Economy, Environment, MTR Gaming, North Las Vegas, Regulation, Steve Wynn | Comments Off on Un-Lucky by any name; Shame on Trump Entertainment

Wynn comes to Philadelphia … again; Atlantic City: About as expected

Posted on November 12, 2012 by David McKee

Now we know why Steve Wynn was careful to mend fences with Philadelphia Mayor Michael Nutter (below) in 2010 when negotiations to take over the doomed Foxwoods Casino Philadelphia project abruptly feel apart and Wynn skipped town. He’s back with … Continue reading →

Posted in Atlantic City, Baseball, Colony Capital, Cordish Co., Current, Donald Trump, Economy, Harrah's, Maryland, Neil Bluhm, Penn National, Pennsylvania, Politics, Regulation, Revel, Steve Wynn, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | Comments Off on Wynn comes to Philadelphia … again; Atlantic City: About as expected

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

Election wrap-up: Winners & losers

Posted on November 7, 2012 by David McKee

But first, because it will never, ever get old … Also this, from @daveweigel: “[Florida] exit poll: Obama winning Jewish vote by 40 points. 40 points. Nice work, Sheldon Adelson.” We’ll tap dance on Sheldon’s head some more further down, … Continue reading →

Posted in Atlantic City, Colony Capital, Colorado, Cordish Co., Cretins, Current, Donald Trump, Economy, Election, Florida, Goldman Sachs, Harrah's, International, Internet gambling, Maine, Marketing, Maryland, Massachusetts, Minnesota, Pennsylvania, Politics, Racinos, Sheldon Adelson, Shuffle Master, Steve Wynn, Tribal, TV, Wall Street, West Virginia | 4 Comments