Category Archives: Florida

Maryland: Who’s got the last laugh now?; Murren goes North, other companies look South

Posted on January 23, 2013 by David McKee

MGM Resorts International, that’s who. As predicted, a lawsuit filed to overturn last November’s casino expansion was laughed out of court. Judge Ronald A. Silkworth called the litigation “baseless,” which is a nice way of saying, “Thanks for wasting my … Continue reading →

Posted in Cirque du Soleil, Current, Economy, Entertainment, Florida, International, Iowa, MGM Mirage, Nebraska, Penn National, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Taxes, Texas, Tribal | Comments Off

Trouble for riverboat gambling?

Posted on January 15, 2013 by David McKee

Sorry to sound apocalyptic, especially since we just dodged that Mayan Calendar bullet. However, a brand-new Supreme Court ruling is sure to get the attention of every company that owns a riverboat casino. By a 7-2 margin, the high court … Continue reading →

Posted in Current, Florida, Mississippi, Missouri, Pinnacle Entertainment, Regulation, Taxes | 2 Comments

Exit Fahrenkopf, enter … ?

Posted on January 7, 2013 by David McKee

After a long (17 years) and eventful tenure at the top of the American Gaming Association, President Frank J. Fahrenkopf is calling it a day. On June 30, he hands over the reins to a successor as yet to be … Continue reading →

Posted in Atlantic City, Australia, Boyd Gaming, Current, Florida, G2E, Internet gambling, Mississippi, Pennsylvania, Politics, Sheldon Adelson, Tribal | 2 Comments

Blood on the Boardwalk: Marrandino out

Posted on January 6, 2013 by David McKee

You can practically hear the wind whistling through the corridors of power as top execs continue to jump — or are flung — from the sinking Caesars Entertainment ship. First, CFO Jonathan Halkyard up and quits, in favor of the … Continue reading →

Posted in Atlantic City, CityCenter, Current, Florida, Harrah's, Maryland, Massachusetts, MGM Mirage, Regulation, Revel, The Strip | 7 Comments

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

Atlantic City open for business

Posted on November 2, 2012 by David McKee

Actually, a few hardy souls — like fearless restaurateur Montgomery Dahm, who was semper fidelis to his fellow citizens — never closed. Add Tun Tavern to your list of must-see stops when you visit Atlantic City. Ditto Ducktown Tavern & … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Dining, Economy, Election, Environment, Florida, Racinos, Revel, Tilman Fertitta, Tourism, Transportation, Tribal, Tropicana Entertainment, Wall Street | 2 Comments

Cosmo: Yes, we have gambling!; Election Special 2: Palm Beach

Posted on October 30, 2012 by David McKee

For the umpteenth time, The Cosmopolitan of Las Vegas has been obliged to go to the media and say, ‘Yes, we not only have gambling but we actually like it, we really do.’ It’s a message that got kicked under … Continue reading →

Posted in Arizona, Cosmopolitan, Current, Dining, Economy, Election, Florida, Isle of Capri, Marketing, Racinos, Sheldon Adelson, Taxes, The Strip, Tourism, Tribal, Wall Street | Comments Off

Pinnacle saves September in Louisiana; Echelon under wraps; The red-headed stepkids of Station, Sands and Caesars

Posted on October 18, 2012 by David McKee

Folks down in the Pelican State had better things to do than gamble last month … like clean up after Hurricane Isaac. This might account for a 5% year/year decline in casino revenues. Louisiana‘s gambling venues grossed $200 million last … Continue reading →

Posted in Boyd Gaming, CityCenter, Current, Economy, Entertainment, Florida, Harrah's, Isle of Capri, Louisiana, Marketing, MGM Mirage, Missouri, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Taxes, The Strip, Tourism, Transportation, Wall Street | Comments Off

Hail, Bill’s!; Trump slump; Back in the fold

Posted on October 10, 2012 by David McKee

In a typically ludicrous Gary Loveman brainstorm, Bill’s Gamblin’ Hall & Saloon is to become — wait for it — Caesars Drai’s. (Yeah, ‘WTF?’ and all that.) Although you’d have to be either masochistic or insane to loan money to … Continue reading →

Posted in Alex Yemenidjian, Architecture, Current, Detroit, Donald Trump, Florida, Harrah's, Illinois, International, Marketing, Maryland, Massachusetts, MGM Mirage, Ohio, Pennsylvania, Station Casinos, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Wall Street | Comments Off

Hicks is back; Sheldon Adelson, misery broker

Posted on September 19, 2012 by David McKee

Give Caesars Entertainment for making a good call this week. It’s inked a one-year residency deal with American Idol winner Taylor Hicks to return to Bally’s, starting Oct. 17. Prices will still begin at a wallet-friendly $40/seat and, in light … Continue reading →

Posted in Colony Capital, Current, Economy, Election, Entertainment, Florida, Goldman Sachs, Harrah's, International, Movies, Planet Hollywood, Sheldon Adelson, Taxes, The Strip, Wall Street | 1 Comment

One pig, slightly perfumed; Loveman’s fire sale

Posted on September 17, 2012 by David McKee

Having waited too long and spent too much to ever get around to his long-rumored teardown of the Imperial Palace, the CEO/CFO/COB and prexy of Caesars Entertainment, one Gary Loveman, now finds himself perfuming a pig. Despite having more brand … Continue reading →

Posted in Architecture, Florida, Hard Rock Hotel, history, Internet gambling, Iowa, Macau, Maryland, Massachusetts, Mississippi, Ohio, Racinos, Reno, The Strip, Wall Street, World Series of Poker | 3 Comments

Isaac: Flood waters hit Beau Rivage

Posted on August 28, 2012 by David McKee

First, the good news: Since thousands of people are being adversely affected by Hurricane Isaac, still gathering strength, one of them is Donald Trump. The bloated bloviator has been promising another of his shocking revelations — too shocking to be … Continue reading →

Posted in Boyd Gaming, Current, Election, Environment, Florida, Isle of Capri, Louisiana, MGM Mirage, Mississippi, Penn National, Racinos, Regulation, TV | 1 Comment

Yanqui, go home!

Posted on June 11, 2012 by David McKee

Spain‘s banking system has joined a series of toppling dominoes that will likely prompt multiple, TARP-like measures and have the European Union mulling methods of preventing a run on the banks. Into this atmosphere of imminent catastrophe and 24% unemployment … Continue reading →

Posted in Donald Trump, Economy, Environment, Florida, International, Macau, New York, Sheldon Adelson, Singapore, Tourism | 1 Comment

Toronto: Move over, Jim and Gary, here comes Sheldon

Posted on June 8, 2012 by David McKee

No disrespect to Steve Wynn, but the human starter gun for any serious casino race is now Sheldon Adelson. Except for China, he’s not been in any casino-expansion movement for the long haul since he lost Mirage Resorts. And with … Continue reading →

Posted in Atlantic City, Current, Economy, Florida, Harrah's, Horseracing, International, Macau, MGM Mirage, New York, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Texas, Tourism | 3 Comments

Sheldon Adelson, quitter; A Grand goof

Posted on May 22, 2012 by David McKee

This just in: It was pretty clear that Sheldon Adelson was cool toward his home state of Massachusetts and he officially called it quits today. His excuse? Three casinos and a slot parlor will “dilute the market.” In other words, … Continue reading →

Posted in Architecture, Current, Florida, Genting, Harrah's, Macau, Massachusetts, MGM Mirage, New York, Problem gambling, Regulation, Sheldon Adelson, Stanley Ho, The Strip | 5 Comments

Lovemania comes to Cleveland

Posted on May 11, 2012 by David McKee

Looking like death warmed over, Caesars Entertainment CEO Gary Loveman took time from promoting the opening of Horseshoe Cleveland to try and spin the unloading of Harrah’s Maryland Heights as another brilliant masterstroke, rather than more evidence of the shambles … Continue reading →

Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Dan Gilbert, Economy, Florida, Harry Reid, Marketing, Maryland, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Wall Street | Comments Off

Revel: Can’t drive 55?; Another setback in Massachusetts

Posted on May 10, 2012 by David McKee

Revel, the new, $2.4 billion casino on the Boardwalk has been conducting a sort of “stealth opening,” conducting a two-month-plus dry run. Along with the stealth opening come what you might call “stealth revenues”: $13 million-plus in its first full … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Florida, Harrah's, Horseracing, Illinois, Massachusetts, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Technology, Tilman Fertitta, Tourism, Tropicana Entertainment | 1 Comment

St. Louis: Penn in, Harrah’s out

Posted on May 8, 2012 by David McKee

A ways back, the news broke that Caesars Entertainment — being well and truly on its uppers — was trying to shop as many as 10 Southern and Midwest casinos. The goal was to raise at least $500 million to … Continue reading →

Posted in Ameristar, Atlantic City, Current, Election, Florida, Harrah's, Illinois, International, Iowa, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 4 Comments

U.S.S. Adelson lost at sea

Posted on May 2, 2012 by David McKee

Sheldon Adelson‘s presidential campaign officially sank today. It was preceded to Davey Jones’ Locker by $21.5 million in Adelson family money (or $10.75 million per primary victory). It’s been a brief voyage but one revelatory of Sheldon’s inner workings. For … Continue reading →

Posted in Alex Yemenidjian, Current, Election, Entertainment, Florida, Internet gambling, Macau, Politics, Sheldon Adelson, Singapore, TV | 5 Comments

MGM: Riding the crazy train; Rendering unto Caesars

Posted on April 25, 2012 by David McKee

If somebody loaned you a few hundred million, unsecured, you want to come to Las Vegas and lay some big wagers, right? MGM Resorts International has been there, done that. So it’s looking elsewhere to place its bets. And why … Continue reading →

Posted in Ameristar, Atlantic City, CityCenter, Donald Trump, Economy, Florida, Genting, Harrah's, International, M Resort, Massachusetts, MGM Mirage, New York, Penn National, Singapore, Taxes, The Strip, Tourism, Tribal, TV, Wall Street | 3 Comments