Category Archives: Downtown

Nevada ekes out slim April; Pansy Ho takes charge

Posted on May 29, 2020 by David McKee

Yes, Virginia, there was gaming revenue in Nevada last month, although the casinos were closed. Mobile sports wagering and online poker did the trick, plus expired slot tickets, although the amount realized from the latter is described as “immaterial.” Most … Continue reading →

Posted in Atlantic City, Boyd Gaming, Culinary Union, Downtown, Economy, Health, Jim Murren, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Pansy Ho, Regulation, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, The Strip, Tourism, Transportation, Wendover | 2 Comments

Nevada casinos to reopen; Ruffin stiffs workforce

Posted on May 26, 2020 by David McKee

Pending a decline in Coronavirus cases over this past weekend, Nevada Gov. Steve Sisolak (D) is expected to announce a reopening of Silver State casinos, effective June 4, which should give them time to get their paperwork filed with the … Continue reading →

Posted in Alex Meruelo, Boyd Gaming, Caesars Entertainment, Cirque du Soleil, Culinary Union, Downtown, Economy, Hawaii, Health, history, Las Vegas Sands, MGM Resorts International, Phil Ruffin, Resort fees, Sahara, The Rio, The Strip, Tourism, Transportation, Westgate LV, Wynn Resorts | 2 Comments

July resumption for Mass casinos; Room rates rebound

Posted on May 18, 2020 by David McKee

Casinos in Massachusetts now know when they can reopen … more or less. Gov. Charlie Baker (R) has laid out of one of the toughest reopening regimens in the U.S. It will proceed in four phases, each phase—beginning today—lasting three weeks. … Continue reading →

Posted in Caesars Entertainment, California, Derek Stevens, Downtown, Economy, Entertainment, Health, Las Vegas Sands, Massachusetts, MGM Resorts International, Oscar Goodman, Penn National, Politics, Real Estate, Regulation, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on July resumption for Mass casinos; Room rates rebound

Barrack screws up (again); Boyd reopens … somewhat

Posted on May 12, 2020 by David McKee

Colony Capital CEO Tom Barrack is back in the news and, as usual, not in a good way. His REIT has defaulted on $3.2 billion in loans secured by 157 hotel and healthcare properties. That’s three-quarters of his holdings. Prior to … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Colony Capital, Downtown, Economy, Health, history, North Carolina, Penn National, The Strip, Tribal, Wall Street, Wynn Resorts | 4 Comments

Creative responses to a crisis

Posted on May 7, 2020 by David McKee

Leave it to Derek Stevens to find a way to literally drive sports-betting business in Downtown. Starting this morning, Circa Sports began taking curbside sports bets at the Golden Gate. You pull up, flash your cash (or plastic) and a … Continue reading →

Posted in Caesars Entertainment, California, Culinary Union, Derek Stevens, Dining, Downtown, e-sports, Economy, Health, Law enforcement, MGM Resorts International, Nevada, Penn National, Regulation, Sports, Sports betting, Taxes, The Strip, Tourism, Transportation, Tribal, Wall Street | 2 Comments

Goodman batshit crazy; Detroit puts casinos on ‘hold’

Posted on May 7, 2020 by David McKee

Could we be seeing the last of Las Vegas Mayor Carolyn Goodman (I), and her ‘every man for himself and devil take the hindmost’ approach to Coronavirus? Poker pro Doug Polk has begun a recall petition drive to try and … Continue reading →

Posted in Caesars Entertainment, Detroit, Dining, Downtown, Eldorado Resorts, Health, Michigan, Politics, Sports, Tilman Fertitta, Tribal, Wall Street | 3 Comments

Vegas bingo on death watch; Nevada regulators dither

Posted on May 6, 2020 by David McKee

Bingo is such a staple of the Las Vegas locals casino that it seems unimaginable that it would go the way of the buffet and the dodo. But such may be the case. VitalVegas author Scott Roeben says he is … Continue reading →

Posted in Australia, Boyd Gaming, Crown Resorts, Downtown, Entertainment, Hawaii, Health, Idaho, James Packer, Melco Resorts & Entertainment, MGM Resorts International, Technology, Texas, The Strip, Tribal | 1 Comment

Vegas: Welcome to the new normal

Posted on April 30, 2020 by David McKee

Phil Ruffin may have jumped the gun with that May 15 reopening date for Treasure Island. Gov. Steve Sisolak (D), without specifying a quarantine-lifting date, has extended a modified version of the Nevada lockdown into May. “We just have not reached … Continue reading →

Posted in Aristocrat, California, Downtown, Downtown Grand, Health, International, Las Vegas Sands, Macau, MGM Resorts International, Nevada, Phil Ruffin, Regulation, Sociedade de Jogos de Macau, Technology, Tribal, TV, Wynn Resorts | 1 Comment

Strip clocked, locals stronger; Montana reopens first

Posted on April 30, 2020 by David McKee

Nevada casinos won $618 million in a Covid-19-truncated March, with the Las Vegas Strip leading the plunge with a 46% fall to $300 million. Las Vegas locals play was remarkably strong under the circumstances, down only 20.5%, although that number may … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Donald Trump, Downtown, Economy, Election, Golden Gaming, Health, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Nevada, North Las Vegas, Penn National, Pennsylvania, Reno, The Strip, Wall Street, Wendover, William Hill | Comments Off on Strip clocked, locals stronger; Montana reopens first

Boyd doing well; What price Vegas?

Posted on April 29, 2020 by David McKee

Boyd Gaming posted net revenues of that were down 18% for 1Q20, reflective of mid-March casino closures. JP Morgan analyst Joseph Greff termed the results ones “that reflected relatively strong trends in the first two months of the quarter.” Since … Continue reading →

Posted in Boyd Gaming, California, Churchill Downs, Cosmopolitan, Derek Stevens, Downtown, Economy, Hard Rock International, Health, Horseracing, Las Vegas Sands, LVCVA, Macau, Massachusetts, MGM Resorts International, Pennsylvania, Regulation, Resort fees, The Strip, Wall Street, Wynn Resorts | 1 Comment

Quote of the Day

Posted on April 23, 2020 by David McKee

“Carolyn Goodman should resign before lunch arrives today. She is an embarrassment to my hometown.”—Jimmy Kimmel on Her Honor’s train wreck interview with Anderson Cooper.

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

Hornbuckle, Sternlicht send conflicting messages; Virgin is ailing

Posted on April 22, 2020 by David McKee

Add MGM Resorts International to the short list of Las Vegas hoteliers announcing reopening strategies. In a five-minute video presentation, CEO William Hornbuckle summarized many of the company’s charitable efforts during the crisis (bolstered by a $500,000 contribution from Dubai … Continue reading →

Posted in Charity, Downtown, Dubai, Economy, Georgia, Health, Marketing, MGM Resorts International, Station Casinos, The Strip, Transportation, Virgin Hotels, Wynn Resorts | 1 Comment

Small casinos still screwed; Hedge funds on the prowl

Posted on April 15, 2020 by David McKee

Evidently someone got American Gaming Association President Bill Miller’s letter to Donald Trump before POTUS’ eyes. We say “evidently” because somebody (probably the White House), in an effort to be Solomonic, persuaded the Small Business Administration to effect a compromise. It … Continue reading →

Posted in AGA, Caesars Entertainment, Charity, Culinary Union, Donald Trump, Downtown, Economy, Entertainment, Health, Internet gambling, Lake Tahoe, Politics, Regulation, Scientific Games, Wall Street, Wynn Resorts | 2 Comments

Las Vegas closed through April 30

Posted on April 2, 2020 by David McKee

Jottings: Nevada Gov. Steve Sisolak (D) is asking Donald Trump to declare the Silver State a ‘major disaster’ area. We agree, but Trump is being punitive toward ‘blue’ states so we doubt Sisolak will get his wish. The governor extended … Continue reading →

Posted in Donald Trump, Downtown, Eldorado Resorts, Entertainment, Health, Nevada, Terry Caudill, The Mob, The Strip, Wynn Resorts | 1 Comment

It’s better than it looks

Posted on April 1, 2020 by David McKee

Charlton Heston in The Omega Man would feel right at home in contemporary Las Vegas. The lights are on but literally no one’s home. Or rather, everyone’s at home, sheltering in place—except that one guy seen getting busted by Las … Continue reading →

Posted in Current, Downtown, Health, Law enforcement, Massachusetts, The Strip | 1 Comment

Harbingers of hope

Posted on April 1, 2020 by David McKee

Tonight, in a gesture of defiance toward Coronavirus, a parade of vehicles will be held up the otherwise-deserted Las Vegas Strip. Led by mobile billboard Balanceville Art Car, “Light Up Las Vegas” will begin from McCarran Sunset Business Park, immediately south … Continue reading →

Posted in Boyd Gaming, California, Charity, Detroit, Downtown, Health, Japan, Marketing, Penn National, Resorts World LV, Sports, The Strip | Comments Off on Harbingers of hope

The last good month; NBA to resurrect in Vegas?

Posted on March 26, 2020 by David McKee

Las Vegas Strip gaming revenue was flat in February at $596 million and probably should have been better, given the presence of an extra weekend day. (Statewide, revenues were up 3%.) Strip slots were robust, gaining 7% on 7.5% higher … Continue reading →

Posted in Boulder Strip, Charity, China, Conventions, Downtown, Economy, Lake Tahoe, Laughlin, Mesquite, North Las Vegas, Reno, Sports betting, Station Casinos, The Strip, Tourism, Transportation, TV, Wendover | 2 Comments

Stimulus is here, recovery … who knows?

Posted on March 26, 2020 by David McKee

It’s still not a done deal but what Majority Leader Mitch McConnell (R) calls “emergency relief” emerged from the Senate yesterday. A few jerks tried to hold it up with the preposterous argument that “the expanded unemployment benefits were overly … Continue reading →

Posted in AGA, Caesars Entertainment, China, Conventions, Cretins, Donald Trump, Downtown, Economy, Environment, Galaxy Entertainment, Health, International, Macau, Massachusetts, MGM Resorts International, Politics, South Korea, Terry Caudill, The Strip, Tilman Fertitta, Tourism, TV, Wynn Resorts | Comments Off on Stimulus is here, recovery … who knows?

Stitt catches a break; Station, Gaughan step up to the plate

Posted on March 21, 2020 by David McKee

Did the government of Oklahoma screw up the exclusivity agreement that gave it power over tribal gambling? That’s the contention of a new legal brief from the Wichita and Affiliated Tribes, who say that the recent expansion of lottery offerings … Continue reading →

Posted in Boyd Gaming, Charity, Dan Gilbert, Downtown, Genting, Golden Gaming, Health, International, Internet gambling, Lotteries, MGM Resorts International, Michael Gaughan, Ohio, Oklahoma, Sahara, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta, Tribal, William Hill | 1 Comment

The cost of not doing business

Posted on March 21, 2020 by David McKee

Saying “This is not the time to look for loopholes,” Nevada Gov. Steve Sisolak (D) doubled down on his quarantine order, threatening nonessential business that remain in business in defiance of his directive (and there have been some) to close … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Cirque du Soleil, Dining, Downtown, DraftKings, Economy, Election, Entertainment, Florida, Golden Gaming, Health, Internet gambling, Las Vegas Sands, Macau, Penn National, Pennsylvania, Seminole Tribe, Station Casinos, TV, Wall Street, Wynn Resorts | Comments Off on The cost of not doing business