Category Archives: Genting

Quote of the Day

Posted on September 21, 2013 by David McKee

“The fourth [Manila] project, Resorts World Bayshore, is backed by Genting, a gambling giant with global ambitions (it is also planning to buy an ailing casino in Vegas). — from The Economist. Planning? Genting’s closed the deal. And what’s this … Continue reading →

Posted in Boyd Gaming, Genting, International, The Strip | Comments Off on Quote of the Day

“George” deal for Palmer; Resorts World in peril; Walker’s fan dance

Posted on August 30, 2013 by David McKee

Mohegan Sun ran out its host-community agreement with Palmer and it’s pretty clear that no expense will be spared to close the deal, either now or in a couple of months at the ballot box. The Mohegans are promising the … Continue reading →

Posted in Genting, Horseracing, Illinois, Massachusetts, MGM Mirage, Mohegan Sun, New York, Racinos, Regulation, Taxes, Tribal, Wisconsin | 1 Comment

Rising son goes to Land of Rising Sun; The man who would be emperor

Posted on August 16, 2013 by David McKee

After a calamitous and incoherent venture into the U.S. gaming industry, James Packer has stuck pretty close to the markets he knows best: Australia and Macao. But he’s feeling his oats again, looking toward Manila, Sri Lanka (which I still … Continue reading →

Posted in Genting, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Regulation, Stanley Ho | Comments Off on Rising son goes to Land of Rising Sun; The man who would be emperor

Adelson loses (again), as does Simpson; Internet stampede in Jersey

Posted on July 31, 2013 by David McKee

Continuing his recent string of futility in the court system, Sheldon Adelson wore the gold sombrero yesterday, after went 0-for-12 in Clark County District Court. Next stop, the Nevada Supreme Court, which has been friendly to the mogul in the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cretins, Current, Genting, Harrah's, Internet gambling, Macau, Regulation, Sheldon Adelson, Singapore, Station Casinos | Comments Off on Adelson loses (again), as does Simpson; Internet stampede in Jersey

Early reckoning in Macao; Big Gaming’s growing pains

Posted on July 30, 2013 by David McKee

One shouldn’t read too much into anything the Macao government says about casino operators. It likes to keep them guessing — especially U.S. ones. Still, it’s worth noting that Secretary for Economy & Finance Francis Tam Pak Yuen has floated … Continue reading →

Posted in Atlantic City, Delaware, Economy, Genting, Harrah's, Macau, MGM Mirage, New Hampshire, New York, Ohio, Oklahoma, Pennsylvania, Problem gambling, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Tropicana Entertainment | Comments Off on Early reckoning in Macao; Big Gaming’s growing pains

Scramble in Massachusetts; Malaise in Mississippi

Posted on July 23, 2013 by David McKee

Sept. 24 is the day appointed for voters in Leominster to say “aye” or “nay” to a slot parlor proposed by Cordish Gaming. That’s nine days before the deadline for submitting voter-approved HCAs to the Massachusetts Gaming Commission. Which, in … Continue reading →

Posted in Cordish Co., Current, Economy, Election, Florida, Foxwoods, Genting, Louisiana, Massachusetts, Mississippi, Mohegan Sun, Neil Bluhm, Sheldon Adelson, The Strip, Transportation, Tribal | 1 Comment

Wynn checkmated in Everett?; Cordish sees Penn, raises ante

Posted on July 22, 2013 by David McKee

As we all would agree, Suffolk Downs doesn’t have the capitalization, the track record or the leadership that Wynn Resorts does. However, Richard Fields and Harvard homeboy Gary Loveman have a big something going for them: juice. I expected their … Continue reading →

Posted in Atlantic City, Cordish Co., Current, Dining, Election, Foxwoods, Genting, Harrah's, Massachusetts, New York, Pennsylvania, Politics, Racinos, Regulation, Revel, Steve Wynn, Taxes, Tribal | 1 Comment

SkyVue kaput?; Wowing them in Massachusetts

Posted on July 3, 2013 by David McKee

That’s the unavoidable conclusion, despite the increasingly comical protestations of local developer Howard Bulloch‘s sidekicks. Caesars Entertainment‘s rival Ferris wheel may be in a terrible location, it may be progressing slowly but — but — it is progressing. SkyVue has … Continue reading →

Posted in Architecture, Current, Economy, Genting, Harrah's, Massachusetts, MGM Mirage, Penn National, Politics, Regulation, Steve Wynn, The Strip, Tourism, Tribal, Wall Street | 2 Comments

Jumped, pushed or just fed up?

Posted on June 26, 2013 by David McKee

All of a sudden there’s a spate of turnover in the gaming industry. The ongoing verbal meltdown of Paula Deen was going to have to force Caesars Entertainment to take some form of action, particularly if it wants to preserve … Continue reading →

Posted in California, Cretins, Current, Dining, Florida, Genting, Harrah's, Illinois, Indiana, International, Mississippi, Sheldon Adelson, Tribal, Wall Street | 3 Comments

Shocking! Just shocking!; Riviera: Choy gets the chop

Posted on June 24, 2013 by David McKee

Andrew Breibart heir Matthew Boyle has his bloomers in a twist over the fact that Nevada Sens. Harry Reid (D) and Dean Heller (R) have tweaked the immigration bill currently before the Senate to include an indefinite extension of the … Continue reading →

Posted in Architecture, Boyd Gaming, Current, Economy, Genting, Harry Reid, Politics, Riviera, Tourism | Comments Off on Shocking! Just shocking!; Riviera: Choy gets the chop

Vegas: Bullishness is back; Getting high at the Trop

Posted on June 18, 2013 by David McKee

While we’re still a few years from seeing Resorts World Las Vegas come to fruition, in the meantime, Genting Group would like to tease our interest. It’s asking Clark County for permission to build a couple of “preview centers” on … Continue reading →

Posted in Alex Yemenidjian, Colorado, Current, Economy, Entertainment, Fontainebleau, Genting, Harrah's, International, Regulation, Sheldon Adelson, Tourism | 1 Comment

Nazarian’s secret weapon?; Vegas still equals value

Posted on June 17, 2013 by David McKee

It’s Monday, so it must be time for another worshipful Sam Nazarian profile in the Los Angeles Times. Sure enough. If you can endure the usual LAT fawning, one will glean some useful facts and inferences — plus a reminder … Continue reading →

Posted in Colony Capital, Current, Entertainment, Genting, MGM Mirage, New York, Politics, Racinos, Sam Nazarian, The Strip, Tourism | 1 Comment

Bad news for Riv; Losing your gaming license? Come to Nevada!

Posted on May 21, 2013 by David McKee

A spiffy makeover and a nostalgia-themed market position aren’t helping the Riviera as customers gravitate back toward higher-priced hotels. A bad neighborhood, while hardly a new phenomenon, isn’t helping. Having Echelon and Fontainebleau as your neighbors is akin to living … Continue reading →

Posted in California, Current, Fontainebleau, Genting, Herbst Gaming, history, Marketing, Regulation, Riviera, Technology, Tourism, Tribal, Wall Street | Comments Off on Bad news for Riv; Losing your gaming license? Come to Nevada!

Profit vs. investment on the Strip

Posted on May 16, 2013 by David McKee

Even if you’re making money on a daily basis, sometimes a casino-resort can be a bad investment. Take Cosmopolitan of Las Vegas, which finally posted a profitable quarter. However, at $3.9 billion in construction costs (now at or very near … Continue reading →

Posted in CityCenter, Cosmopolitan, Detroit, Dubai, Economy, Entertainment, Fontainebleau, Genting, Harrah's, MGM Mirage | 1 Comment

Pennsylvania and Louisiana: It’s what it is

Posted on May 16, 2013 by David McKee

When last seen, Caesars Entertainment CEO Gary Loveman was telling his brethren that a stale property is an endangered property. To prove his point, he need look no farther than Philadelphia, where new kid on the block Valley Forge Casino … Continue reading →

Posted in Boyd Gaming, Current, Economy, Genting, Isle of Capri, Louisiana, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Tropicana Entertainment | 1 Comment

Mashee Wamps make their pitch; Exit Dubai World?

Posted on May 15, 2013 by David McKee

Although the financial backing of Genting Group would — under normal circumstances — make the Mashpee Wampanoags prohibitive favorites for a casino in southeastern Massachusetts, these are anything but normal conditions. The tribe still doesn’t have a compact with the … Continue reading →

Posted in Current, Dubai, Genting, Massachusetts, MGM Mirage, Regulation, Tribal | Comments Off on Mashee Wamps make their pitch; Exit Dubai World?

Land of the Rising Hope

Posted on April 29, 2013 by David McKee

Every few years, brows are knitted earnestly in discussion of whether this will finally be the year in which Japan legalizes casino gambling. I’ve been hearing versions of this debate regularly since 2005, so you’ll pardon me if I suppress … Continue reading →

Posted in Current, Genting, International, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Mob, The Strip, Tourism, Wall Street | Comments Off on Land of the Rising Hope

Somebody Sent Us These II

Posted on March 20, 2013 by David McKee

Continuing a very occasional series, here are some casino-related ephemera that have washed up on the shores of cyberspace. For instance … … only about 25% of the rooms at the newly announced Gansevoort Las Vegas will enjoy this particular … Continue reading →

Posted in Architecture, Australia, Boyd Gaming, Current, Dining, Economy, Genting, Harrah's, International, MGM Mirage, Regulation, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

Resorts World LV: Look familiar?

Posted on March 5, 2013 by David McKee

A reader in Arizona asks the question that was on my mind yesterday and probably yours, too: “Is it just me … or does this look like just a copper/gold-colored version of CityCenter?” Agreed! (With a large helping of Mandalay … Continue reading →

Posted in Animals, Architecture, Boyd Gaming, Carl Icahn, CityCenter, Current, Entertainment, Fontainebleau, Genting, history, Macau, MGM Mirage, Morgans Hotel Group, Movies, Sheldon Adelson, The Strip | 3 Comments

Echelon no more: Boyd humiliated yet again; Caesars pulls another plug

Posted on March 4, 2013 by David McKee

If you’ll pardon my vulgarity, shit got real while I was tied up with other projects. Last week’s sale of excess baggage Dania Jai-Alai in Florida was just a tiny prelude to this morning’s blockbuster: Echelon is kaput. Instead, Boyd Gaming … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Carl Icahn, CityCenter, Current, Downtown, Economy, Environment, Florida, Fontainebleau, Genting, Harrah's, history, International, Kansas, Mississippi, New York, Plaza, Politics, Racinos, Regulation, Sahara, Singapore, Station Casinos, The Strip, Wall Street | 7 Comments