Category Archives: Harrah's

Regulators to Walsh: Not so fast, friend

Posted on July 25, 2014 by David McKee

Boston Mayor Martin Walsh isn’t getting off the hook so easily. He tried to fob the negotiation of a mitigation agreement with Wynn Resorts off on the Massachusetts Gaming Commission. The latter said ‘not so fast’ and ordered the city … Continue reading →

Posted in Economy, Genting, Harrah's, Illinois, International, Massachusetts, Mississippi, Mohegan Sun, Regulation, Steve Wynn, Wall Street | Comments Off on Regulators to Walsh: Not so fast, friend

Great month for the Strip, for Louisiana not so much

Posted on July 25, 2014 by David McKee

Buoyed by heavy baccarat play, the Las Vegas Strip registered a 22.5% gain in June. The house played very lucky, too, with win up a staggering 155%. At the other end of the gaming spectrum, those slots must have been … Continue reading →

Posted in Atlantic City, Boyd Gaming, Churchill Hill, Downtown, Economy, Harrah's, Isle of Capri, Lake Tahoe, Laughlin, Louisiana, North Las Vegas, Penn National, Pinnacle Entertainment, Racinos, Reno, The Strip, Tropicana Entertainment | 1 Comment

Glimmers of hope on the Boardwalk

Posted on July 24, 2014 by David McKee

Every morning, Atlantic City Mayor Don Guardian (R) rides his bicycle along the Boardwalk. This morning, Guardian must have felt he was carrying a heavier burden than usual. Although Hizzoner has maintained that Atlantic City will come out on the … Continue reading →

Posted in Atlantic City, Economy, Harrah's, Mississippi, Politics, Regulation, Revel, Trump Entertainment Resorts, Wall Street | Comments Off on Glimmers of hope on the Boardwalk

Adelson goes soft on Communism; Wynn befriends oysters

Posted on July 23, 2014 by David McKee

Sheldon Adelson may play the tough guy at home but he’s a pushover in Macao. Rather than anger his Communist overlords, Adelson apologized for a labor march that just so happened to be held outside Venetian Macao. The protest was … Continue reading →

Posted in Environment, Harrah's, Macau, Massachusetts, Regulation, Sheldon Adelson, Steve Wynn | 1 Comment

Forced to gamble?; SugarHouse goes big

Posted on July 23, 2014 by David McKee

New Jersey‘s Casino Control Commission has been accused of overzealousness in the past (think MGM Resorts International and Pansy Ho). But now some overzealotry is what local politicians want. In a bizarre and probably unconstitutional move, they want the NJCCC to force, … Continue reading →

Posted in Atlantic City, Economy, Harrah's, MGM Mirage, Neil Bluhm, Pansy Ho, Pennsylvania, Regulation, Trump Entertainment Resorts | Comments Off on Forced to gamble?; SugarHouse goes big

Power play in Vegas; Positive talk in Pennsylvania

Posted on July 22, 2014 by David McKee

Las Vegas Sands and Bwin shareholder, and all-around string-puller Jason Ader is committing 350 million of (other people’s) dollars to bringing a Major League Soccer franchise to Las Vegas. Much of the investment would be realized through the EB-5 visa … Continue reading →

Posted in Downtown, Harrah's, International, Internet gambling, Ohio, Pennsylvania, Regulation, Sports, Tribal | Comments Off on Power play in Vegas; Positive talk in Pennsylvania

Caesars gains a hot tub, Biloxi loses a casino

Posted on July 22, 2014 by David McKee

You live in Las Vegas long enough, you think you’ve seen everything. Then somebody uses a helicopter to airlift a big-ass jacuzzi (technically an “onsen tub”) onto the terrace of the Nobu Tower at Caesars Palace, where it will grace the high-roller … Continue reading →

Posted in Harrah's, Mississippi, Regulation, The Strip, Tilman Fertitta | 2 Comments

Boardwalk despair; Comings and goings on the Strip

Posted on July 22, 2014 by David McKee

It’s a dark day when you find yourself in agreement with Donald Trump, but such is the case with the famous Atlantic City boarding house owned by Vera Coking. Eight years ago, when he wanted to expand Trump Plaza, The … Continue reading →

Posted in Atlantic City, Donald Trump, Entertainment, Harrah's, Sam Nazarian, The Strip, Trump Entertainment Resorts | 1 Comment

Marrandino returns; Crime and casinos

Posted on July 18, 2014 by David McKee

It’s hard to say which is the more intriguing aspect of the announced reinvention of Lake Tahoe‘s Horizon Casino Resort. Is it the adoption of the Hard Rock brand or the re-emergence of Don Marrandino as the man who’s going … Continue reading →

Posted in Atlantic City, Columbia Sussex, Harrah's, Lake Tahoe, Pennsylvania, Taxes, Warner Gaming | 1 Comment

Take my casino, please; Nail-biter in Iowa

Posted on July 17, 2014 by David McKee

Rather than accept three potential casino closings as a fait accompli, Unite-Here is out beating the bushes for potential buyers. Given, the casinos aren’t Unite-Here’s to sell but there’s no law that says the union can’t play matchmaker. “We want the world … Continue reading →

Posted in Atlantic City, Carl Icahn, Columbia Sussex, GTECH, Hard Rock International, Harrah's, IGT, Internet gambling, Iowa, Penn National, Regulation, Revel, Technology, Tropicana Entertainment, Trump Entertainment Resorts | 1 Comment

Soft landing in A.C.; “Nocturne” put to sleep

Posted on July 14, 2014 by David McKee

Internet-gaming revenue continues to slip in New Jersey, down 9% from May. There are only three players of consequence: Borgata (36.5%), Caesars Atlantic City (27%) and Tropicana Atlantic City (18%). Still, Internet gambling continues to provide a cushion for the … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Cosmopolitan, Current, Entertainment, Harrah's, Internet gambling, Mohegan Sun, Revel, Sam Nazarian, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | Comments Off on Soft landing in A.C.; “Nocturne” put to sleep

N.Y.: We’re poorer than you; Shame at the Plaza

Posted on July 14, 2014 by David McKee

That casino battle in New York State is evolving into a war of words. At stake is who can prove they’re poorer than the next guy. A study commissioned by the Sullivan County Partnership for Economic Development reached the perverse point of … Continue reading →

Posted in Downtown, Economy, Harrah's, New York, Regulation, Tamares Group | 2 Comments

Japan, land of opportunity

Posted on July 14, 2014 by David McKee

“I think it’s a less likely fit for us, because it’s not clear what the complementary set of skills would be in their case,” said Caesars Entertainment CEO Gary Loveman of gray-market pachinko parlors. That being the case, he might … Continue reading →

Posted in Harrah's, Japan, Macau, MGM Mirage, Regulation, Sheldon Adelson | Comments Off on Japan, land of opportunity

Atlantic City: And then there were nine …

Posted on July 14, 2014 by David McKee

Scarcely had Gary Loveman opined that a few casinos in Atlantic City needed to close than they began toppling like dominoes — some by his own hand. Headed to the casino graveyard alongside the Atlantic Club and the Showboat is Trump … Continue reading →

Posted in Atlantic City, California, Donald Trump, Harrah's, Isle of Capri, Mississippi, Penn National, Tourism, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | 2 Comments

Steve Wynn’s right-hand woman

Posted on July 10, 2014 by David McKee

Considered by many the logical successor to Steve Wynn, his envoy to Macao, Linda Chen, is more spoken of than seen. CNN offers us a rare glimpse of the woman who may well be calling the shots at Wynn Resorts … Continue reading →

Posted in Atlantic City, Harrah's, Macau, Mississippi, Penn National, Regulation, Reno, Steve Wynn, Tilman Fertitta, Transportation | 1 Comment

So long, Sullivan County

Posted on July 10, 2014 by David McKee

New York State’s Gaming Commission has picked the last two members of the casino-siting committee and it’s pretty bad news for the Catskills region. Both of the finalists are cronies of Gov. Andrew Cuomo (D), as are the three already-seated … Continue reading →

Posted in Atlantic City, Harrah's, Internet gambling, Isle of Capri, Kansas, Missouri, New York, Penn National, Pinnacle Entertainment, Politics, Regulation, Tropicana Entertainment | 1 Comment

Too much amount of wrong; Big deal in Boston

Posted on July 9, 2014 by David McKee

Ownership at The Cosmopolitan of Las Vegas has apparently lost its appetite for charmingly off-kilter variety show Vegas Nocturne. The show is not only rumored to be closing at the Cosmo but SLS Las Vegas has been mooted as its … Continue reading →

Posted in Architecture, Cosmopolitan, Entertainment, Harrah's, Massachusetts, Mohegan Sun, Sam Nazarian, Steve Wynn, The Strip | Comments Off on Too much amount of wrong; Big deal in Boston

For sale: One casino, slightly used

Posted on July 9, 2014 by David McKee

Having walked into a PR buzzsaw with its announced closure of the Showboat, in Atlantic City, owner Caesars Entertainment is trying to salve the wound. “We’re willing to sell if we receive a reasonable offer from a responsible buyer,” said company … Continue reading →

Posted in Atlantic City, Hard Rock International, Harrah's, Macau, New York, Revel, Tourism, Transportation | 1 Comment

Lean and hungry in the Midwest

Posted on July 8, 2014 by David McKee

It’s difficult to find new things to say about Illinois, where the saga has become sadly familiar. Another month, another 11% decline. Even players’ darlings Rivers Casino (-4%) and Jumer’s Rock Island Casino (right, -14%) struggled. However, by some miracle, … Continue reading →

Posted in Boyd Gaming, Current, Harrah's, MGM Mirage, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment, Tropicana Entertainment | 1 Comment

Reno 2.0; Saturation in Ohio

Posted on July 7, 2014 by David McKee

All roads lead through Reno, more or less, if you’re dealing with Amazon.com. Now the Biggest Little City in the World is hoping to export high-tech instead. A corridor to that purpose, nicknamed “Startup Row” has sprung up downtown. A … Continue reading →

Posted in California, Economy, Harrah's, Ohio, Penn National, Pinnacle Entertainment, Revel | Comments Off on Reno 2.0; Saturation in Ohio