Category Archives: Florida

Quote of the Day

Posted on October 31, 2011 by David McKee

“The north will let the heathens in the south have the casinos, and they’ll take the benefits.” — former casino opponent (and Florida governor) Jeb Bush, during a recent visit to Las Vegas, putting his money on the expansion of … Continue reading →

Posted in Economy, Florida, Politics | Comments Off on Quote of the Day

MSM tunes Steve Wynn out

Posted on October 20, 2011 by David McKee

Has Steve Wynn jumped the shark? That is a question I never, ever thought I’d be asking. But an interesting thing happened in the wake of Winn Wynn Resorts‘ most recent conference call. Toward the end, he went on his … Continue reading →

Posted in Boyd Gaming, California, Carl Icahn, Current, Donald Trump, Economy, Florida, Harrah's, history, Illinois, International, Massachusetts, MGM Mirage, Plaza, Politics, Racinos, Regulation, Sheldon Adelson, The Strip, Tourism, Wall Street | 5 Comments

Florida: Bend over & grab; Slots on the loose in A.C.

Posted on October 17, 2011 by David McKee

Background investigations in Nevada — at least before the budgetary axe starting falling on the Nevada Gaming Control Board — were said to be an indescribably unpleasant experience. As award-winning local columnist Michael Green once pointed out, when Gary Loveman … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Entertainment, Florida, Genting, Harrah's, Marketing, Regulation, Sheldon Adelson, Tropicana Entertainment | Comments Off on Florida: Bend over & grab; Slots on the loose in A.C.

The King of Palm Beach

Posted on October 14, 2011 by David McKee

Florida‘s seven struggling, casino-enabled parimutuels could become eight, with the entry of a new player … While the courts have now made it possible for Don King to make an end-run around Palm Beach County voters, if necessary, by taking … Continue reading →

Posted in Current, Economy, Florida, G2E, Harrah's, Isle of Capri, Politics, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tribal | 2 Comments

Breakthrough in Massachusetts

Posted on October 13, 2011 by David McKee

This just in … the Massachusetts state Senate voted 24-14 to send casino legalization on to a conference committee, where the House’s version — passed with a crushing majority — already reposes. Differences between the two versions, obviously, will have … Continue reading →

Posted in Bally Technologies, Current, Economy, Florida, Genting, Harrah's, Horseracing, IGT, Internet gambling, Movies, Penn National, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Slot routes, Sports, Steve Wynn, Taxes, Tribal, Wall Street, WMS Industries | Comments Off on Breakthrough in Massachusetts

Quote of the Day

Posted on October 13, 2011 by David McKee

“You know, we don’t need a lot more anthropologists in the state. It’s a great degree if people want to get it, but we don’t need them here.” — Florida Gov. Rick Scott, whose daughter was — you guessed it — … Continue reading →

Posted in Current, Florida, history | Comments Off on Quote of the Day

Monopoly over Miami

Posted on October 4, 2011 by David McKee

A recent visitor to Las Vegas from the Pacific Rim told me that Sheldon Adelson has worn out his welcome in Macao (which is on pace to eclipse all other gaming markets combined) and is fast doing so in Singapore. … Continue reading →

Posted in Archon Corp., Current, Economy, Florida, Genting, Harrah's, Internet gambling, Laughlin, Macau, Massachusetts, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Taxes, Wall Street | Comments Off on Monopoly over Miami

Quote of the Day

Posted on September 29, 2011 by David McKee

“One team wanted it. The other team didn’t know how to get it.” — ESPN analyst John Kruk, on the culmination of an indescribably dramatic final night of the baseball season, as the Boston Red SoxTampa imploded and the Bay … Continue reading →

Posted in Baseball, Current, Florida, Massachusetts, Sports, TV | 1 Comment

Sheldon Adelson, casino opponent

Posted on September 23, 2011 by David McKee

You read that right: El Bombastico has developed a sudden concern that adding 9,000 slots to Florida‘s existing inventory of 15,000 “will saturate the market with too many games,” in the words of the Miami Herald. In other words, there … Continue reading →

Posted in Architecture, Atlantic City, Colony Capital, Columbia Sussex, Current, Economy, Florida, Genting, Regulation, Singapore, Taxes, Tribal, Tropicana Entertainment | 1 Comment

We’re Number One!

Posted on September 19, 2011 by David McKee

Guess which city tops the misery index, according to BusinessInsider.com? Yup, good old Las Vegas, where real estate values have totally cratered and employment isn’t looking so hot, either. Any talk of recovery on the Strip looks somewhat relative when … Continue reading →

Posted in Arizona, California, Detroit, Economy, Florida, Louisiana, Reno, The Strip | 1 Comment

How to get things done in Macao? Bribery!

Posted on September 12, 2011 by David McKee

OK, so it’s called “paying a premium,” but Steve Wynn finally pried 51 acres of Cotai Strip™ landfill real estate loose from Macao by forking over $193 million ($3.8 million an acre), plus annual lease payments. In return. he’s got … Continue reading →

Posted in Current, Election, Florida, Genting, International, Internet gambling, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal, Wall Street | Comments Off on How to get things done in Macao? Bribery!

Lost: Steve Wynn’s marbles

Posted on July 21, 2011 by David McKee

Oh Christ, Steve Wynn, grow up already. Busy Wall Street analysts were held hostage to a 433-word talk-radio tirade while they were probably itching to write up quarterly earnings reports. When other CEOs might have been bragging on an “amazing … Continue reading →

Posted in Alabama, Boyd Gaming, California, Carl Icahn, CityCenter, Economy, Florida, Fontainebleau, Harrah's, James Packer, Lawrence Ho, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Texas, The Strip, Tourism | 5 Comments

Genting’s amphibious strategy

Posted on June 24, 2011 by David McKee

There may not be Vegas-style casinos in Florida yet (at least not non-tribal ones) but Genting Bhd is taking a gamble of its own. While Sheldon Adelson talks about putting $3 billion into the Miami area, Genting is already doing … Continue reading →

Posted in Economy, Florida, Genting, Harrah's, International, Macau, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal | 2 Comments

Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

Posted on June 16, 2011 by David McKee

For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading →

Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street | Comments Off on Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

F-blew, Sahara solved

Posted on June 9, 2011 by David McKee

Hey, Carl Icahn and Sam Nazarian! Got an old casino — or maybe a new failsino — that needs demolition? Why settle for the few seconds’ thrill of an implosion? Bring Robosaurus to town, set up some bleachers, charge admission … Continue reading →

Posted in Carl Icahn, CityCenter, Cloverfield monster, Entertainment, Florida, Fontainebleau, MGM Mirage, Movies, Sahara, The Strip | 2 Comments

Trump’d and skunked

Posted on May 18, 2011 by David McKee

Having predicted from Moment One that Donald Trump‘s TV ratings stunt masquerading as a presidential campaign was a traveshamockery and nothing less, please forgive me if I take one more victory lap, courtesy of Lawrence O’Donnell. The MSNBC pundit, who … Continue reading →

Posted in Donald Trump, Economy, Election, Florida, International, Phil Ruffin, Politics, Racinos, Sheldon Adelson, The Strip, TV | 1 Comment

This won’t play in Vegas; Second wind for Sands

Posted on May 17, 2011 by David McKee

Steve Wynn is singing his “we’re a Chinese company” refrain again. This never goes over well on the home front when he does it and his threat to move corporate HQ to Macao was met with a general chorus of, … Continue reading →

Posted in Florida, Harrah's, International, Macau, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 4 Comments

Boyd exits Florida; Mixed messages from the Riv; The revenge of Adelson

Posted on May 2, 2011 by David McKee

Regardless of whether or not resort casinos are voted into law in Florida, one company that won’t be in the running is Boyd Gaming. The firm threw in the towel on the Miami market today. The Sunshine State “no longer … Continue reading →

Posted in Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Entertainment, Florida, Genting, Harrah's, Isle of Capri, M Resort, Macau, Marketing, MGM Mirage, Penn National, Politics, Regulation, Riviera, Sahara, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Technology, The Strip, Wall Street | 1 Comment

Why Trump won’t run

Posted on April 29, 2011 by David McKee

Two words: Mob ties. Yes, Donald “100 Percent Clean” Trump did business — repeatedly — with a man he believed (or, best case, seriously feared) to be the murderer of Jimmy Hoffa. He also employed an individual identified by U.S. … Continue reading →

Posted in Atlantic City, California, Current, Donald Trump, Economy, Florida, history, Isle of Capri, New York, Politics, Regulation, Riviera, Sahara, Sheldon Adelson, The Mob, The Strip, Tribal, Tropicana Entertainment | 2 Comments

Meet $2 Million Mike; The Big Easier

Posted on April 25, 2011 by David McKee

Casino podcasts (MGM Resorts International‘s in particular) have been razzed in the past for a lack of content. No such gripes about Las Vegas Sands‘ latest offering, 10 minutes in the company of COO Michael Leven (who derives his nickname … Continue reading →

Posted in Boyd Gaming, Current, Economy, Florida, Harrah's, International, Isle of Capri, Louisiana, Macau, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Singapore, Technology, The Strip, Tourism, Transportation, Wall Street | 3 Comments