Category Archives: Elaine Wynn

FSE gets new look; Tilman’s big bet; Boyd beats The Street

Posted on April 27, 2022 by David McKee

Fremont Street Experience will now be ‘branded content’ or, to put it less politely, a big-ass billboard for slot companies. Well, one slot company: Aristocrat Gaming. It’s inked a pact with FSE to present “an action-packed new video … The … Continue reading →

Posted in Aristocrat, Boyd Gaming, Charity, Chicago, CityCenter, Downtown, Economy, Elaine Wynn, Entertainment, Hawaii, Internet gambling, Marketing, Movies, Neil Bluhm, Politics, Real Estate, The Strip, Tilman Fertitta, Wall Street, Wynn Resorts | 3 Comments

A tale of two Nevadas

Posted on November 24, 2020 by David McKee

October was a tale of two Nevadas, one of which (the north) did quite well whilst the other did not. Gaming revenue statewide was down 19.5%, with the Las Vegas Strip acting as a drag anchor, minus 30% at $375 … Continue reading →

Posted in Atlantic City, Australia, Boulder Strip, Caesars Entertainment, Crown Resorts, Downtown, Economy, Elaine Wynn, Entertainment, Golden Gaming, Health, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, Nevada, North Las Vegas, Palms, Real Estate, Reno, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Strip, Wendover, Westgate LV, Wynn Resorts | 4 Comments

Biden, vaccine give tourism hope; Cirque du Soleil in crisis

Posted on November 23, 2020 by David McKee

With as many as three Covid-19 vaccines on the way (Pfizer‘s seems to be the favorite horse in the race) and a new presidency two months away, things are looking up, according to people in the tourism industry. “I honestly … Continue reading →

Posted in Cirque du Soleil, Donald Trump, Economy, Elaine Wynn, Election, Entertainment, Health, MGM Resorts International, Problem gambling, Regulation, Steve Wynn, Technology, The Strip, Tourism, Wynn Resorts | 3 Comments

Midwest: Casinos, interrupted

Posted on April 14, 2020 by David McKee

For some arcane reason, Illinois has not reported casino revenue for March. But we have a couple of neighboring states’ data and can conclude with reasonable certainty that it tracks with the Land of Lincoln. After a March 17 closure … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, DraftKings, Economy, Elaine Wynn, Eldorado Resorts, Galaxy Entertainment, Internet gambling, Iowa, Macau, Missouri, Movies, Oregon, Pansy Ho, Penn National, Sheldon Adelson, Sports betting, Steve Wynn, Technology | 1 Comment

Poverty in the suites; Industry ramps up bailout pressure

Posted on March 23, 2020 by David McKee

Sheldon Adelson is worth $28 billion today. Which doesn’t sound so bad until you consider that he was worth $40 billion before the Wall Street crash. That’s the literal price of owning 432,000,000 shares of Las Vegas Sands. Not that … Continue reading →

Posted in AGA, Caesars Entertainment, California, Carl Icahn, Charity, China, Donald Trump, Economy, Elaine Wynn, FanDuel, GLPI, Health, history, Horseracing, Illinois, Internet gambling, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Movies, New York, Phil Ruffin, Sheldon Adelson, Sports betting, Station Casinos, The Mob, Tribal, Unite-Here, Wall Street, Wynn Resorts | Comments Off on Poverty in the suites; Industry ramps up bailout pressure

Wynn: Elaine did me dirty; New Jersey rakes it in

Posted on November 12, 2019 by David McKee

On the principle that two wrongs make a right, disgraced casino mogul Steve Wynn is accusing ex-wife Elaine Wynn of stirring up the Wall Street Journal story that ended his career. This comes by way of testimony by one Renée … Continue reading →

Posted in Architecture, Culinary Union, e-sports, Elaine Wynn, Election, Florida, Hard Rock International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Nevada, New Jersey, New York, Politics, Resort fees, Sexual misconduct, Sports betting, Stanley Ho, Station Casinos, Steve Wynn, Taxes, Technology, Tribal, Wisconsin, Wynn Resorts | 1 Comment

Wynn: Massagegate

Posted on April 9, 2019 by David McKee

” … in dealing with these [Wynn Resorts] folks, you take a bite of sirloin, you take another bite, it’s still sirloin. It doesn’t vary.” — former Massachusetts governor William Weld. In the run-up (more like amble-up) to last week’s … Continue reading →

Posted in Donald Trump, Elaine Wynn, Kazuo Okada, Massachusetts, Nevada, Regulation, Sexual misconduct, Steve Wynn, Wynn Resorts | Comments Off on Wynn: Massagegate

Steve Wynn makes out like a bandit; Smoke ’em while you’ve got ’em

Posted on November 9, 2018 by David McKee

Steve Wynn‘s liquidation of his stake in Wynn Resorts may have seemed like an act of petulance but — in light of subsequent movement in the stock market — it appears highly astute. Since El Steve’s big sale WYNN has … Continue reading →

Posted in Colorado, Dan Lee, Economy, Elaine Wynn, Entertainment, Full House Resorts, Georgia, Japan, Law enforcement, Macau, Marijuana, MGM Resorts International, Steve Wynn, The Strip, Tourism, Transportation, Wall Street, Wynn Resorts | 2 Comments

Caesars hailed; Wynn Resorts for sale?

Posted on September 11, 2018 by David McKee

Credit Suisse has initiated coverage of Caesars Entertainment, citing it as its “Top Pick” in the gaming sector. Why? “It recently re-emerged from bankruptcy and is one of the largest US gaming operators, with eight Las Vegas Strip and 22 … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Elaine Wynn, Hawaii, Indiana, Louisiana, Macau, Marketing, MGM Resorts International, Mississippi, Nevada, Steve Wynn, The Strip, Wall Street, Wynn Resorts | Comments Off on Caesars hailed; Wynn Resorts for sale?

Missouri becalmed; Scientific smackdown

Posted on August 13, 2018 by David McKee

One less weekend day was costly to Missouri casinos in July, when their revenue declined 2% to $150.5 million. The Kansas City market had the worst of it, off nearly 4%. Slot revenues ($128.5 million) were down 2% and table … Continue reading →

Posted in Ameristar, Bally Technologies, Caesars Entertainment, Downtown, Elaine Wynn, Eldorado Resorts, history, Isle of Capri, Massachusetts, Missouri, Penn National, Pinnacle Entertainment, Regulation, Scientific Games, Shuffle Master, Technology, Tropicana Entertainment, Wynn Resorts | Comments Off on Missouri becalmed; Scientific smackdown

It’s Elaine’s company now; A legend passes

Posted on August 6, 2018 by David McKee

In a sudden and wholly unexpected development, Wynn Resorts has appointed Phil Satre to the board of directors as vice chairman. Since D. Boone Wayson is stepping down as chairman of the board at year’s end there’s every reason to … Continue reading →

Posted in Dining, Elaine Wynn, MGM Resorts International, Wall Street, Wynn Resorts | Comments Off on It’s Elaine’s company now; A legend passes

MGM lauds Springfield as Mandalay Bay woes increase

Posted on July 25, 2018 by David McKee

MGM Resorts International is targeting Hartford (and five other media markets) with its initial TV spot for MGM Springfield, whose opening is now less than a month away. The ad, which you can see for yourself, has shoutouts to virtually … Continue reading →

Posted in Cirque du Soleil, Elaine Wynn, Environment, Law enforcement, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Resorts International, New York, Penn National, Pennsylvania, Regulation, Reno, Rhode Island, Sexual misconduct, Sports betting, Taxes, TV, Wynn Resorts | Comments Off on MGM lauds Springfield as Mandalay Bay woes increase

Elaine backs Satre; MGM running for cover

Posted on July 17, 2018 by David McKee

Global Gaming Business has revealed that National Center for Responsible Gaming President Phil Satre was the hitherto-undisclosed candidate that Elaine Wynn was proposing for the Wynn Resorts board chairmanship. Said board rejected Satre — a short-sighted move that reeks of insecurity. … Continue reading →

Posted in Architecture, Elaine Wynn, Florida, Hard Rock International, Harrah's, IGT, Japan, Mandalay Bay Massacre, MGM Resorts International, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Wall Street, Wynn Resorts | Comments Off on Elaine backs Satre; MGM running for cover

Sheldon snuggles up to Commies; Elaine tests her clout

Posted on July 10, 2018 by David McKee

If toupée-collecting Sheldon Adelson were offered the chance to build Venetian Tehran he’d immediately become a peacenik regarding Iran, a country he lusts to nuke. Instead of making nice with mullahs, he’s doing the next best thing, warbling sweet nothings to Kim … Continue reading →

Posted in Caesars Entertainment, Elaine Wynn, Galaxy Entertainment, history, Illinois, International, Las Vegas Sands, Macau, Massachusetts, MGM Mirage, Nevada, Planet Hollywood, Politics, Regulation, Sexual misconduct, Sheldon Adelson, South Korea, Sports, Steve Wynn, The Strip, Unite-Here, Wynn Resorts | Comments Off on Sheldon snuggles up to Commies; Elaine tests her clout

It’s Elaine’s world; Big Uneasiness in Louisiana

Posted on May 16, 2018 by David McKee

When the dust settles from the annual Wynn Resorts board meeting, there will be a directorate that is at least 60% new. Two more longstanding board members bit the dust this week, including former Nevada Gov. Bob Miller (D). One … Continue reading →

Posted in Architecture, Dan Gilbert, DFS, Elaine Wynn, Harrah's, Japan, Louisiana, Ohio, Penn National, Politics, Sheldon Adelson, Sports, Steve Wynn, Wall Street, Wynn Resorts | 2 Comments

MGM, Wynn woo Wall Street

Posted on May 11, 2018 by David McKee

This week, in conjunction with the opening of Park MGM, the parent company rolled out the red carpet for Wall Street analysts. “While there were no major announcements/surprises, we felt management put forth a thorough effort to better articulate its … Continue reading →

Posted in Elaine Wynn, Japan, LVCVA, Macau, Marketing, Massachusetts, MGM Mirage, Ohio, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, Transportation, Wall Street, Wynn Resorts | Comments Off on MGM, Wynn woo Wall Street

Elaine calls the shots; Now it’s Encore Boston Harbor

Posted on May 3, 2018 by David McKee

Wynn Resorts has been ceding to the wishes of Elaine Wynn of late but it got its back up when she demanded the removal of board member John Jay Hagenbuch. Ms. Wynn views him as a crony of her ex-husband … Continue reading →

Posted in Atlantic City, Colorado, Elaine Wynn, Eldorado Resorts, Entertainment, Florida, Foxwoods, Hard Rock International, International, Internet gambling, Isle of Capri, Macau, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, Moulin Rouge, Politics, Regulation, Revel, Steve Wynn, Tilman Fertitta, TV, Wynn Resorts | 3 Comments

Wynn: It’s Elaine’s company now; Caesars reverses itself

Posted on April 23, 2018 by David McKee

When Elaine Wynn speaks, Wynn Resorts is suddenly all ears. Last week the company’s plurality shareholder called for a largely new and diverse board of directors, in what is describes as a “first step” toward greater heterogeneousness. Presto! Who should … Continue reading →

Posted in Architecture, Centaur Gaming, Donald Trump, Elaine Wynn, Environment, Hard Rock International, Harrah's, Indiana, Law enforcement, Macau, Marketing, Sociedade de Jogos de Macau, Sports, Station Casinos, Technology, Transportation, Wynn Resorts | 6 Comments

Elaine Wynn, power player; Hard Rock’s big splash

Posted on April 20, 2018 by David McKee

Who thought the day would come that Elaine Wynn was the largest single shareholder in Wynn Resorts? She’s flexing her newfound muscles by demanding an all-but-clean sweep of the board of directors (we sympathize). Lest this be seen as a … Continue reading →

Posted in Arkansas, Atlantic City, Elaine Wynn, Election, Entertainment, Hard Rock International, Massachusetts, Steve Wynn, Wynn Resorts | Comments Off on Elaine Wynn, power player; Hard Rock’s big splash

Wynn out, MGM in: Is history repeating itself?

Posted on April 9, 2018 by David McKee

Remember when Kirk Kerkorian made Steve Wynn an offer he couldn’t refuse for Mirage Resorts? It looks like history is going to repeat itself with “back-channel approaches” being made by MGM Resorts International to embattled Wynn Resorts. “Wynn Resorts is … Continue reading →

Posted in Archon Corp., Donald Trump, Elaine Wynn, Galaxy Entertainment, Genting, Hard Rock International, Harrah's, Japan, Laughlin, Macau, Massachusetts, MGM Mirage, Nevada, Ohio, Pennsylvania, Politics, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wall Street, Wynn Resorts | Comments Off on Wynn out, MGM in: Is history repeating itself?