Category Archives: G2E

Malaise in Macao; Celebration at G2E

Posted on October 1, 2015 by David McKee

Wall Street analysts having revised their expectations downward well beforehand, Macao‘s 33% decline in gaming revenues hardly came as a surprise. If anything, they expected worse. Deutsche Bank analyst Carlo Santarelli even noticed some “pre-Golden Week malaise” toward the end … Continue reading →

Posted in Arizona, Economy, Entertainment, G2E, Harrah's, Macau, Melco Crown Entertainment, New York, Sheldon Adelson, The Strip, Tourism, Tribal, Wall Street, Wisconsin | 3 Comments

Why DFS really, really isn’t sports betting … they say

Posted on September 30, 2015 by David McKee

DraftKings CEO Jason Robins makes the preposterous argument that daily fantasy sports isn’t sports betting because there’s only 15% overlap between the two. But with sports wagering limited to a small handful of states, how could the the pool of … Continue reading →

Posted in G2E, Sports | Comments Off on Why DFS really, really isn’t sports betting … they say

Quote of the Day

Posted on September 30, 2015 by David McKee

“Suffice it to say, the money was not going to college tuition.” — Virginia Commonwealth University professor Jay S. Albanese on the revelation that illegal gambling monies are flowing to biker gangs, drug dealers, and New York and Philadelphia branches … Continue reading →

Posted in G2E, New York, Pennsylvania, The Mob | Comments Off on Quote of the Day

Crime and plentitude at G2E

Posted on September 30, 2015 by David McKee

Internet gambling having been temporarily moved to a back burner, thanks to Sheldon Adelson, the American Gaming Association has turned its attention at Global Gaming Expo to organized crime, which continues to be a shadowy partner to gambling, at least … Continue reading →

Posted in Atlantic City, Boyd Gaming, G2E, Genting, Geoff Freeman, Internet gambling, Macau, Maine, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Scientific Games, Sheldon Adelson, Technology, The Mob, The Strip, Tribal, Wall Street | Comments Off on Crime and plentitude at G2E

Case Bets: Caesars, Detroit, New York & Steve Wynn

Posted on September 9, 2015 by David McKee

In one of the industry’s more bizarre developments, Harrah’s Tunica will become an assisted-living facility if buy TJM Properties has its druthers. Caesars Entertainment Operating Co. has asked a bankruptcy court to approve the sale. It won’t bring in that … Continue reading →

Posted in Detroit, Economy, G2E, Harrah's, International, Internet gambling, Massachusetts, MGM Mirage, Mississippi, New York, Regulation, Steve Wynn, Technology, Transportation | Comments Off on Case Bets: Caesars, Detroit, New York & Steve Wynn

Caesars, O’Malley flunk key tests

Posted on August 26, 2015 by David McKee

Caesars Entertainment got caught with its pants down by Howard Stutz, who wrote that the company “committed public relations suicide” by lavishing a $200,000 bonus on General Counsel Tim Donovan. This is the same Caesars that is trying to stiff … Continue reading →

Posted in Atlantic City, California, Election, Entertainment, G2E, Harrah's, Maryland, Mohegan Sun, Taxes, Technology, The Strip, Tribal, TV | 1 Comment

Fire sale at Full House; Japan: Patience advised

Posted on October 22, 2014 by David McKee

In the casino world it’s pretty much unheard-of for a company to hang a “for sale” sign on itself without a suitor in view. Patti Hart did it successfully at International Game Technology, earlier this year. Now Full House Resorts … Continue reading →

Posted in Alabama, Dan Lee, G2E, Genting, Harrah's, IGT, Indiana, Japan, Neil Bluhm, Regulation, Sheldon Adelson, Steve Wynn, Tribal | Comments Off on Fire sale at Full House; Japan: Patience advised

Atlantic City: Which way is up?; Sheldon Adelson, prophet

Posted on October 16, 2014 by David McKee

Unburdened of four unprofitable casinos, if the revenue in Atlantic City is counted on a “same store” basis (i.e., leaving Revel, Showboat, the Atlantic Club and Trump Plaza out of the picture), the Boardwalk actually saw a 4% increase in … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, G2E, Harrah's, International, Internet gambling, Japan, Macau, Maryland, Mohegan Sun, Revel, Sheldon Adelson, Trump Entertainment Resorts, Wall Street | 1 Comment

Cornrows and casinos

Posted on October 9, 2014 by David McKee

Those who argue that Iowa is saturated with casinos found plentiful ammunition in the latest set of revenue numbers from the state. True, Hard Rock Sioux City is doing far better than its predecessor, Argosy Sioux City. Also, Harrah’s Council … Continue reading →

Posted in Affinity Gaming, Ameristar, Bally Technologies, Boyd Gaming, G2E, Harrah's, Isle of Capri, Penn National, Pinnacle Entertainment, Warner Gaming | Comments Off on Cornrows and casinos

Sinatra 1, Pandas 0

Posted on October 2, 2014 by David McKee

Euphemisms have a way of sanitizing everything. For instance, there are no longer mercenaries — instead they are “contractors,” which makes them sound like somebody you’d have install your pool deck. And in Las Vegas we don’t have celebrity impersonators, we … Continue reading →

Posted in Cirque du Soleil, Entertainment, G2E, Massachusetts, Penn National, Regulation, Sheldon Adelson, The Strip, Wall Street | Comments Off on Sinatra 1, Pandas 0

The next big thing

Posted on October 2, 2014 by David McKee
Posted in Bally Technologies, G2E, Technology, TV | 1 Comment

All Wynn, all the time

Posted on October 1, 2014 by David McKee
Posted in Carl Icahn, Economy, Fontainebleau, G2E, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Pennsylvania, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tamares Group, Taxes | Comments Off on All Wynn, all the time

Wynn: Think big; Genting: Spend big

Posted on October 1, 2014 by David McKee

When Steve Wynn opened The Mirage in 1989, it was the beginning of the end of the era when the casino was the dominant revenue source in Las Vegas resorts. Restaurants, shows and hotel rooms all became profit centers. But … Continue reading →

Posted in Atlantic City, Entertainment, Florida, G2E, Genting, Harrah's, history, Macau, Massachusetts, MGM Mirage, New Hampshire, New York, Steve Wynn, The Strip | Comments Off on Wynn: Think big; Genting: Spend big

Sanguine at Penn; Serrano goes Italian

Posted on October 1, 2014 by David McKee

Executives from Penn National Gaming were hosted by J.P. Morgan analysts this week at Global Gaming Expo and gave a fairly mellow outlook on business. Nationally, commerce is seen as stabilizing but not having bottomed out yet, although Penn is “holding … Continue reading →

Posted in Architecture, Dining, Election, G2E, Harrah's, history, Maryland, Massachusetts, MGM Mirage, New York, Ohio, Penn National, Politics, Racinos, Regulation, Steve Wynn, The Strip, Wall Street, West Virginia | Comments Off on Sanguine at Penn; Serrano goes Italian

KOA gets the boot

Posted on September 30, 2014 by David McKee

MGM Resorts International is obviously planning something — we don’t know what — for the KOA Campground site at Circus Circus. That’s the logical conclusion to be drawn from yesterday’s announcement that KOA is packing up and taking over campsite operations … Continue reading →

Posted in Boyd Gaming, Entertainment, G2E, MGM Mirage, The Strip | Comments Off on KOA gets the boot

Cycle of futility; Hard luck in Indian Country

Posted on September 15, 2014 by David McKee

As the casino industry braces itself for Global Gaming Expo, this could hardly be a worse moment to be hawking slot machines. Not only is it undergoing a painful contraction but new markets (like Boston and Washington, D.C.) are a … Continue reading →

Posted in Atlantic City, Bally Technologies, California, Economy, G2E, Harrah's, IGT, Maryland, Massachusetts, Mississippi, Revel, Scientific Games, Station Casinos, Tribal, Trump Entertainment Resorts | Comments Off on Cycle of futility; Hard luck in Indian Country

Gentlemen, grab your joysticks; Massachusetts: Another day, another poll

Posted on June 20, 2014 by David McKee

Video-game/slot hybrids have been licensed by the Nevada Gaming Commission and will be on display for your entertainment at the next Global Gaming Expo. The lucky winner was Gamblit Gaming, which is owned by American Capital by way of Hard … Continue reading →

Posted in Election, G2E, Hard Rock International, Harrah's, Internet gambling, Massachusetts, New York, Regulation, Technology, Uncategorized | Comments Off on Gentlemen, grab your joysticks; Massachusetts: Another day, another poll

Quote of the Day

Posted on April 28, 2014 by David McKee

“On several occasions the dispute has spilled over to the trade show floor, with LT Game, a unit of Hong Kong listed Paradise Entertainment, claiming its patent protection extends to exhibiting live dealer multi-game systems in Macau. At G2E Asia … Continue reading →

Posted in G2E, Japan, Macau, Shuffle Master, Technology | Comments Off on Quote of the Day

Meet Geoff Freeman

Posted on April 15, 2014 by David McKee

The American Gaming Association‘s new president demonstrates his dynamic style and outlines his priorities.

Posted in G2E, Regulation | Comments Off on Meet Geoff Freeman

Rampart Casino: 15 years already?

Posted on January 10, 2014 by David McKee

It’s difficult — and sobering — to realize that it’s been 15 years since Swiss Casinos opened The Resort at Summerlin, a costly fiasco now known as Rampart Casino. Certainly, its hoity-toity original owners would have been dismayed beyond measure … Continue reading →

Posted in Current, G2E, Iowa, Japan, North Las Vegas, Penn National, Regulation | Comments Off on Rampart Casino: 15 years already?