Category Archives: Environment

Decision time in Boston

Posted on September 9, 2014 by David McKee

At last, the Massachusetts Gaming Commission is taking up the Steve Wynn vs. Mohegan Sun battle for a Boston-area casino. Hearings began yesterday, with one round going to each challenger. Wynn Resorts surprisingly (given its reputation) lost the swimsuit competition, … Continue reading →

Posted in Architecture, Cordish Co., Environment, Harrah's, Internet gambling, Maryland, Massachusetts, Mohegan Sun, Penn National, Racinos, Singapore, Steve Wynn | Comments Off on Decision time in Boston

Station’s big quarter; Smoke gets in your slots

Posted on August 13, 2014 by David McKee

Although customers are holding their purse strings tighter, Station Casinos registered noteworthy growth in earnings last quarter. Powered by Graton Resort & Casino in California, Station reported revenue of $55 million, up from $7 million a year earlier. In the … Continue reading →

Posted in California, Dining, Environment, Harrah's, Neil Bluhm, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Station Casinos, Tribal | Comments Off on Station’s big quarter; Smoke gets in your slots

Slump in Macao; Trump’s latest tantrum

Posted on August 6, 2014 by David McKee

July was unkind to casino operators in Macao, with revenues down 4%. Mass market table win was healthily up, 17%, and slot revenue increased, albeit by 4%. However, VIP revenues were 14% on 13.% less volume of play. This pulled … Continue reading →

Posted in Atlantic City, Donald Trump, Economy, Entertainment, Environment, Macau, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Trump Entertainment Resorts | 4 Comments

Adelson goes soft on Communism; Wynn befriends oysters

Posted on July 23, 2014 by David McKee

Sheldon Adelson may play the tough guy at home but he’s a pushover in Macao. Rather than anger his Communist overlords, Adelson apologized for a labor march that just so happened to be held outside Venetian Macao. The protest was … Continue reading →

Posted in Environment, Harrah's, Macau, Massachusetts, Regulation, Sheldon Adelson, Steve Wynn | 1 Comment

Thinking the unthinkable

Posted on July 21, 2014 by David McKee

Could Nevada casino floors go genuinely smoke-free? That’s the idea floated by Deutsche Bank analyst Andrew Zarnett. Although Nevada voters have exempted casino floors from smoking bans, Zarnett thinks that state of affairs could change by 2016 or so, at … Continue reading →

Posted in Delaware, Economy, Environment, Florida, Illinois, Macau, Mississippi, Sheldon Adelson, The Strip, Transportation | 2 Comments

Reversal in Phoenix; Flame out

Posted on July 17, 2014 by David McKee

So noxious to some in the Phoenix area is the idea of a Tohono O’odham Nation casino that Arizona‘s congressional delegation has actually tried to get a special law passed to stop it. For five and a half years, the Tohono … Continue reading →

Posted in Arizona, Current, Dining, Downtown, Environment, Politics, Tribal, Westgate LV | Comments Off on Reversal in Phoenix; Flame out

Quote of the Day

Posted on June 30, 2014 by David McKee

“The situation is as bad as you can imagine. It’s just going to be screwed. And relatively quickly. Unless it can find a way to get more water from somewhere Las Vegas is out of business. Yet they’re still building, which … Continue reading →

Posted in Environment | Comments Off on Quote of the Day

Hot air in Iowa, strong talk in Singapore

Posted on June 2, 2014 by David McKee

Despite the decisive, if not vehement rejection of his casino bid, Cedar Rapids Mayor Ron Corbett wants another bite of the apple. Why? Because it would a smoke-free casino, which Gov. Terry Branstad (R) supports. It’s Corbett who’s blowing smoke … Continue reading →

Posted in California, Environment, Genting, Iowa, Japan, Sheldon Adelson, Singapore, Station Casinos, Tribal | Comments Off on Hot air in Iowa, strong talk in Singapore

Quote of the Day

Posted on May 19, 2014 by David McKee

“That’s up to my tribe as to what they choose to do. There are so many other ways to do economic development rather than just a casino. Now, don’t get me wrong, a casino is the fastest, most-efficient, money-making way.” — Mishewal … Continue reading →

Posted in California, Environment, Tourism, Tribal | Comments Off on Quote of the Day

Wynn’s albatross; Culinary gets wrist slapped

Posted on May 13, 2014 by David McKee

Steve Wynn‘s Everett casino project is getting pinned down by fire from several directions. Boston City Attorney Thomas Frongillo argues that a sale to Wynn Resorts by FBT Everett Realty LLC should be voided because the latter concealed an ownership stake … Continue reading →

Posted in Culinary Union, Environment, Harrah's, Indiana, Massachusetts, Mohegan Sun, Regulation, Steve Wynn | 2 Comments

MGM National Harbor: Icon or overkill? You decide

Posted on May 9, 2014 by David McKee

MGM Resorts International‘s National Harbor project literally hasn’t gotten off the drawing board and yet it’s already stirring controversy. The beef mainly involves five oversized LED screens, the largest of which would be 60 by 100 feet. MGM has similar … Continue reading →

Posted in Architecture, Environment, Harrah's, Internet gambling, Maryland, MGM Mirage, Ohio, Penn National, Politics, Regulation, Sheldon Adelson, Technology | 1 Comment

The son also rises; Tight squeeze in Macao

Posted on April 7, 2014 by David McKee

Add James Packer to the list of casino moguls with their eyes on Japan. He’s prepared to commit $5 billion to a resort project in the Land of the Rising Sun. Officials in South Korea, unlike their Japanese brethren, aren’t … Continue reading →

Posted in Atlantic City, Economy, Environment, Harrah's, Internet gambling, James Packer, Japan, Macau, Pennsylvania | Comments Off on The son also rises; Tight squeeze in Macao

What’s “incidental” & other Case Bets

Posted on April 2, 2014 by David McKee

When the Clark County Commission went out of its way to define “tavern gaming” in 2011, it went into all sorts of minutiae about kitchens and such. But it neglected to address the elephant in the room: How much gambling … Continue reading →

Posted in Environment, Foxwoods, Golden Gaming, Goldman Sachs, Massachusetts, Mohegan Sun, Regulation, Slot routes, South Carolina, Steve Wynn, The Strip, Tribal | 1 Comment

Casino proposed for Albany; The smell of gambling

Posted on March 24, 2014 by David McKee

E23. That’s the provisional name for a casino complex that developer David Flaum has proposed for the Albany area, right on the New York State Thruway. The budget ($300 million-$400 million) is modest. Flaum is not. “This thing, frankly, is going … Continue reading →

Posted in Environment, Laughlin, Marketing, Massachusetts, Mohegan Sun, New York, Ohio, Politics, Tribal | Comments Off on Casino proposed for Albany; The smell of gambling

Tribal casinos good for your health? Bet on it

Posted on March 5, 2014 by David McKee

“Reservation shopping” used to be Us versus Them language, as the private sector sought to hold back tribal casinos. Now it’s been added to the arsenal of tribe-on-tribe verbal violence. Writes the New York Times, “casino-owning Indian tribes have emerged … Continue reading →

Posted in Arizona, California, Environment, Politics, Tribal, Wayne F. Newton, Wisconsin | Comments Off on Tribal casinos good for your health? Bet on it

More slots for the Sunshine State; Sheldon’s big payday

Posted on March 5, 2014 by David McKee

 A 453-page casino-enabling bill in the Florida state Senate just got a bit longer when Sen. Maria Sachs added language that would enable six additional counties (Palm Beach, Gadsden, Washington, Lee, Hamilton and Brevard) to have slots at their parimutuels. … Continue reading →

Posted in Arizona, Atlantic City, Environment, Florida, International, Isle of Capri, Macau, Politics, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes, Transportation, Tribal | 1 Comment

Brave new world

Posted on February 26, 2014 by David McKee

We’re still months away from the moment of decision, but Las Vegas has improbably emerged as a frontrunner for the 2016 Republican Party convention, that quadrennial ritual in which Sheldon Adelson tries to purchase the next president of these United … Continue reading →

Posted in Election, Environment, Harrah's, MGM Mirage, Sheldon Adelson, The Strip | Comments Off on Brave new world

Pinnacle beats The Street; MGM goes electric

Posted on February 12, 2014 by David McKee

Pinnacle Entertainment did a brilliant job of managing Wall Street‘s expectations, its cash flow coming in $5 million above analysts’ consensus, driven by lower operating expenses. J.P. Morgan‘s Joseph Greff called the results “better than feared,” which tells you how … Continue reading →

Posted in Ameristar, Environment, Foxwoods, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Missouri, Ohio, Pinnacle Entertainment, Transportation, Tribal, Wall Street | Comments Off on Pinnacle beats The Street; MGM goes electric

Massachusetts slams Mohegans, Foxwoods; Mohegan slams Wynn

Posted on February 11, 2014 by David McKee

Following a stinging expose of Mohegan Sun and Foxwoods Resort Casino‘s habit of placing liens on the homes of casino debtors. Massachusetts Attorney General Martha Coakley was moved to action. She is urging the Massachusetts Gaming Commission to prohibit the … Continue reading →

Posted in Environment, Foxwoods, Massachusetts, Mohegan Sun, New York, Regulation, Steve Wynn, Taxes | 1 Comment

Nevada 2013: Less bad than before

Posted on January 13, 2014 by David McKee

For a third straight year, Nevada gaming revenues rose. OK, the amount was microscopic ($99 million) overall, but it was something. However, higher expenses — including all-important capex investments –pushed the Silver State into the red. The casino industry reported … Continue reading →

Posted in Economy, Environment, New York, Racinos, Reno, The Strip, Tourism | Comments Off on Nevada 2013: Less bad than before