Category Archives: Fontainebleau

Perp Show

Posted on May 14, 2009 by David McKee

If you're bald, weight 285 lbs. and have one arm in a cast, you're not exactly inconspicuous. So how was it that that such a hefty man was to infiltrate a VIP area of Planet Hollywood and bust into Peepshow … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Colony Capital, Current, Donald Trump, Economy, Election, Entertainment, Fontainebleau, Harrah's, MGM Mirage, Planet Hollywood, Politics, Regulation, Taxes, The Strip, Tropicana Entertainment | Comments Off on Perp Show

F'blown?

Posted on May 13, 2009 by David McKee

Ownership at Fontainebleau is alleging heinous doings by Deutsche Bank to subvert F'bleau (which gives every indication of being destined to fail without external assistance). Supposedly, Deutsche Bank was confabulating with a consortium of 10 other banks to shove F'bleau … Continue reading →

Posted in Cosmopolitan, Economy, Fontainebleau, MGM Mirage, The Strip, Wall Street | Comments Off on F'blown?

F'blown?

Posted on May 13, 2009 by David McKee

Ownership at Fontainebleau is alleging heinous doings by Deutsche Bank to subvert F'bleau (which gives every indication of being destined to fail without external assistance). Supposedly, Deutsche Bank was confabulating with a consortium of 10 other banks to shove F'bleau … Continue reading →

Posted in Cosmopolitan, Economy, Fontainebleau, MGM Mirage, The Strip, Wall Street | Comments Off on F'blown?

MGM Mirage: Uh-oh; "Off the box"

Posted on February 27, 2009 by David McKee

Following in the footsteps of Station Casinos and Harrah's Entertainment, now MGM Mirage is drawing its revolver, so to speak, to fund operating expenses. This is never a good sign. Earlier this week we learnt that all of Kirk Kerkorian's … Continue reading →

Posted in Cirque du Soleil, Donald Trump, Economy, Fontainebleau, Harrah's, MGM Mirage, Station Casinos, Wall Street | Comments Off on MGM Mirage: Uh-oh; "Off the box"

Case Bets: Penn in Vegas, Fontainebleau, Fine Cotton R.I.P.

Posted on February 21, 2009 by David McKee

Phil Hevener, the guy who was onto the Imperial Palace sale before anyone else, says Penn National pitched offers for not only The Mirage but also Caesars Palace … at insultingly low EBITDA multiples (see bottom of story). The Strip … Continue reading →

Posted in Australia, Boyd Gaming, Fontainebleau, Harrah's, Horseracing, MGM Mirage, Penn National, The Strip, Tribal | Comments Off on Case Bets: Penn in Vegas, Fontainebleau, Fine Cotton R.I.P.

Case Bets: Penn in Vegas, Fontainebleau, Fine Cotton R.I.P.

Posted on February 21, 2009 by David McKee

Phil Hevener, the guy who was onto the Imperial Palace sale before anyone else, says Penn National pitched offers for not only The Mirage but also Caesars Palace … at insultingly low EBITDA multiples. The Strip has seen much better … Continue reading →

Posted in Australia, Boyd Gaming, Fontainebleau, Harrah's, Horseracing, MGM Mirage, Penn National, The Strip, Tribal | Comments Off on Case Bets: Penn in Vegas, Fontainebleau, Fine Cotton R.I.P.

Case Bets: James Packer, Isle of Capri

Posted on February 9, 2009 by David McKee

Geez, maybe the Nevada Gaming Control Board shouldn’t have been in such a hurry to green-light James Packer‘s purchase of Cannery Casino Resorts. (In a bow to noblesse oblige, Packer wasn’t even required to put in an appearance at the … Continue reading →

Posted in Australia, Cannery Casino Resorts, Don Barden, Entertainment, Fontainebleau, International, Isle of Capri, James Packer, Pennsylvania, Regulation, Wall Street | Comments Off on Case Bets: James Packer, Isle of Capri

The prodigal son

Posted on January 19, 2009 by David McKee

Poor Kerry Packer; the late Australian mogul and famous high roller must be doing all his rolling in the grave now. Reputed for being daring at baccarat and cautious in business, the media baron is at least spared the indignity … Continue reading →

Posted in Aristocrat, Boulder Strip, Cannery Casino Resorts, Cosmopolitan, Economy, Fontainebleau, International, James Packer, Macau, Melco Crown Entertainment, Pennsylvania, Singapore, Station Casinos, Steve Wynn, The Strip | Comments Off on The prodigal son

'Gang' at Encore

Posted on January 15, 2009 by David McKee

Yesterday saw an unusual — but altogether pleasant — change in the Vegas Gang routine, as we taped “on location” from a seventh-floor room in Encore, overlooking Echelon and the increasingly ominous Fontainebleau (so disproportionately massive it looms over its … Continue reading →

Posted in Architecture, Cloverfield monster, Current, Detroit, Fontainebleau, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Phil Ruffin, Stanley Ho, Steve Wynn, The Strip | Comments Off on 'Gang' at Encore

'Gang' at Encore

Posted on January 15, 2009 by David McKee

Yesterday saw an unusual — but altogether pleasant — change in the Vegas Gang routine, as we taped "on location" from a seventh-floor room in Encore, overlooking Echelon and the increasingly ominous Fontainebleau (so disproportionately massive it looms over its … Continue reading →

Posted in Architecture, Cloverfield monster, Current, Detroit, Fontainebleau, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Phil Ruffin, Stanley Ho, Steve Wynn, The Strip | Comments Off on 'Gang' at Encore

Good thing they don't gamble … do they?

Posted on January 9, 2009 by David McKee

(Well, only with their shareholders' money, perhaps.) Huffington Post, with the considerable assistance of VegasTripping.com, has sifted through the contributions of casino industry moguls during the last election cycle and all I can say is I'm sure glad these folks' … Continue reading →

Posted in Boyd Gaming, Columbia Sussex, Election, Fontainebleau, George Maloof, Harrah's, Kentucky, MGM Mirage, Phil Ruffin, Politics, Sheldon Adelson, Station Casinos, Steve Wynn, Tilman Fertitta | Comments Off on Good thing they don't gamble … do they?

Plaza officially in trouble (or not)

Posted on January 6, 2009 by David McKee

It wasn't good news when El Ad Properties asked its bankers for a second extension on a $625 million purchase loan for what used to be the New Frontier. Now (by way of TheMarker, Reuters and Howard Stutz) comes a … Continue reading →

Posted in Cosmopolitan, Fontainebleau, Plaza, Sheldon Adelson, Tropicana Entertainment | Comments Off on Plaza officially in trouble (or not)

Deep Red: Encore

Posted on December 22, 2008 by David McKee

As much as casino-watchers have been vexed by the total media clampdown on all but the smallest scintillae of revelation about Steve Wynn‘s Encore, it was worth the wait. Or, to put it differently, Aria and Fontainebleau have just been … Continue reading →

Posted in Architecture, Cirque du Soleil, Cloverfield monster, Current, Dining, Economy, Encore, Fontainebleau, Harrah's, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Deep Red: Encore

Buddy, can you spare six billion?

Posted on October 7, 2008 by David McKee

Chuck Monster of VegasTripping.com is a man of few words, but he doesn't miss much (and his Dodgers are four wins shy of the World Series). He's run the numbers on Dubai World's purchase of MGM Mirage stock and found … Continue reading →

Posted in Boyd Gaming, Fontainebleau, International, MGM Mirage, Tamares Group, The Strip | Comments Off on Buddy, can you spare six billion?