Category Archives: Donald Trump

Trop turnaround?

Posted on August 12, 2008 by David McKee

While the New Jersey Casino Control Commission continues to bobble the sale of the Atlantic City Tropicana, at least its stewardship has arrested and perhaps finally the property's decline. While a 5.5% decline in business is nothing to crow over, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colorado, Columbia Sussex, Donald Trump, Harrah's, Kansas, Station Casinos, Tribal | Comments Off on Trop turnaround?

Donald Trump: ass; David Snow: hero

Posted on July 28, 2008 by David McKee

Don't you wish you lived in whatever parallel universe is inhabited by Donald J. Trump? If you did, you could claim that your 60%+ unoccupied Trump International — which just sacked 20% of its workforce — is an incredible success. … Continue reading →

Posted in Boyd Gaming, Donald Trump, MGM Mirage, Regulation, The Strip | Comments Off on Donald Trump: ass; David Snow: hero

"Raking" it in at Trump

Posted on June 27, 2008 by David McKee

Once I'd read that Trump Plaza had gone to automated no-dealer poker, my first thought was, "What becomes of the 'rake'?" Not to worry: The machines have taken care of it. Or, as Casino Manager Anthony Spagno was kind enough … Continue reading →

Posted in Atlantic City, Columbia Sussex, Donald Trump, Louisiana, Penn National, Pinnacle Entertainment, Sahara, The Strip | Comments Off on "Raking" it in at Trump

Quagmire at the Trop

Posted on June 23, 2008 by David McKee

So the feckless — and costly — Tropicana conservatorship of Justice Gary Stein is to drag on still further. Let’s see: Bids that were supposedly “unreasonably lower” but which Stein refuses to share with the public. A wholesale chucking-out of … Continue reading →

Posted in Atlantic City, Columbia Sussex, Donald Trump, Regulation, The Strip | Comments Off on Quagmire at the Trop

"Casino Bonds Crush Harrah's"

Posted on June 3, 2008 by David McKee

That’s Bloomberg, bearing the dire news that casino junk-bond debt is “generating the worst return for investors as companies from … Harrah’s Entertainment Inc. to Herbst Gaming Inc. risk bankruptcy under the weight of their debt.” With a return of … Continue reading →

Posted in Atlantic City, Columbia Sussex, Detroit, Donald Trump, Harrah's, Herbst Gaming, Indiana, Station Casinos, TV, Wall Street | Comments Off on "Casino Bonds Crush Harrah's"

This just in …

Posted on May 30, 2008 by David McKee

So Tropicana Atlantic City trustee Justice Gary Stein wants to toss the existing bids for the property … possibly because better ones are being dangled before him. As a consequence, he wants to restart the clock, which would push the … Continue reading →

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Plaza still a "go", Tropicana gets new boss, Gibbons still irrelevant

Posted on March 20, 2008 by David McKee

It's Day Five of the "Hell No, We Won't Go" crisis and Nevada State Board of Medical Examiners members Drs. Daniel McBride and Javaid Anwar continue to thumb their noses at Gov. Jim Gibbons. As does board Executive Director Tony … Continue reading →

Posted in Atlantic City, Columbia Sussex, Donald Trump, Harrah's, Indiana, Marketing, Movies, Politics, Problem gambling, The Strip | Comments Off on Plaza still a "go", Tropicana gets new boss, Gibbons still irrelevant

Atlantic City, the glass half-full

Posted on March 10, 2008 by David McKee

Normally a 1.5% jump in casino revenue wouldn’t be cause for dancing in the streets and maybe today’s numbers aren’t reason to get carried away. Given that there’s a quadrennial aberration (i.e., Feb. 29) in play, the +0.1% in slot … Continue reading →

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Isle: Goldstein out, Perry in; Trump pummeled

Posted on March 5, 2008 by David McKee

Isle of Capri Casinos announced widening Y/Y losses today, along with the retirement of CEO Bernard Goldstein after 16 years at the helm. He gives way to board member James Perry, former CEO of Argosy Gaming and (briefly) Trump Entertainment. … Continue reading →

Posted in Atlantic City, Columbia Sussex, Donald Trump, Iowa, Isle of Capri, Louisiana, Marketing, Mississippi, Penn National, Pennsylvania, Singapore, Wall Street | 1 Comment