Category Archives: Harrah's

Getting it up in Philadelphia

Posted on June 18, 2014 by David McKee

Joseph “Tomato King” Procacci‘s proposed LoSo Entertainment Center, would-be home to Casino Revolution (2,400 slots, 105 tables) has “initiated discussions” with U.S. Thrill Rides about building a 615-foot observation tower as part of the project. That’d be 10 feet taller … Continue reading →

Posted in Architecture, Atlantic City, Harrah's, Maryland, Massachusetts, Pennsylvania, Politics, Tomato King Procacci, Tourism | 1 Comment

Atlantic City courts the LGBT dollar; Indiana casinos court anybody’s dollar

Posted on June 17, 2014 by David McKee

Formerly a gay getaway, Atlantic City lost its LGBT-friendly image when the casinos came in 1978, or so the history goes. “When the casinos came, people were quick to bulldoze whatever they had to sell for millions, and we lost … Continue reading →

Posted in Atlantic City, Boyd Gaming, Harrah's, Illinois, Kansas, Marketing, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sam Nazarian, Slot routes, Taxes, The Strip, Tribal | Comments Off on Atlantic City courts the LGBT dollar; Indiana casinos court anybody’s dollar

N.Y.: Another one bites the dust

Posted on June 17, 2014 by David McKee

Orange County in New York State could get a casino by default, as Catskills-area projects continue to fall by the wayside. The latest one to drop out is Foxwood Resort Casino‘s joint-venture bid to redevelop the old Grossinger’s Hotel site. … Continue reading →

Posted in Foxwoods, Genting, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, New York, Tribal | Comments Off on N.Y.: Another one bites the dust

Hot pursuit for IGT; Players leave good deal on table

Posted on June 17, 2014 by David McKee

It’s a feeding frenzy for International Game Technology. Among those who were quick to pounce on rumors of a sale were lottery king Gtech, Caesars Entertainment co-owner Apollo Management, Ron Perelman-controlled MacAndrews & Forbes Inc. and Carlyle Group, with the … Continue reading →

Posted in Atlantic City, California, Cosmopolitan, Harrah's, IGT, Internet gambling, Scientific Games, Tilman Fertitta, Tribal, Wall Street | Comments Off on Hot pursuit for IGT; Players leave good deal on table

Restarting the clock in Massachusetts; Atlantic City, international destination?

Posted on June 13, 2014 by David McKee

It looks like it’s back to Square One for Massachusetts‘ southeastern region. No host community agreements have been executed. No referendums have been held (with a mid-July deadline looming). And, although the cutoff date has passed, new candidates want to … Continue reading →

Posted in Atlantic City, Foxwoods, Harrah's, International, Massachusetts, Ohio, Regulation, Tourism, Transportation, Tribal | 1 Comment

Atlantic City online: The god that failed?

Posted on June 12, 2014 by David McKee

May brought bad news from the Boardwalk, where online gambling revenue fell to $10.5 million. (It had been $11.4 million the month before, in itself a decline.) Traditional casinos were off 3% on a same-store basis — i.e., subtracting the … Continue reading →

Posted in Boyd Gaming, Harrah's, Internet gambling, Morgans Hotel Group, Revel, Tilman Fertitta, Tropicana Entertainment | 2 Comments

Flip-floppery in Iowa; Affleck banned again?

Posted on June 12, 2014 by David McKee

Barring an emergency injunction, Belle of Sioux City is doomed to shut down on July 1, a federal bankruptcy judge having been deaf to Penn National Gaming‘s pleas. Penn is arguing that the Iowa Racing & Gaming Commission overstepped its authority … Continue reading →

Posted in Detroit, Dining, Downtown, Economy, Harrah's, Iowa, Penn National, Regulation, Steve Wynn, Technology, Warner Gaming | Comments Off on Flip-floppery in Iowa; Affleck banned again?

Adelson: Who asked you?

Posted on June 11, 2014 by David McKee

Sheldon Adelson is fast becoming the #1 buttinski in American politics. He’s not from Florida and doesn’t do business there but that hasn’t stopped him from meddling the state’s electoral process. He’s been seeding an astroturf movement to defeat the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Sheldon Adelson, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off on Adelson: Who asked you?

IGT on the block; AGA: You love gambling

Posted on June 10, 2014 by David McKee

Looking to goose its stock price, International Game Technology has put itself up for sale, according to Reuters. IGT has evidently been able to keep the process top-hush for two months, as it works with Morgan Stanley on constructing a … Continue reading →

Posted in Geoff Freeman, Harrah's, IGT, Wall Street | Comments Off on IGT on the block; AGA: You love gambling

Indiana struggles, Ohio flourishes

Posted on June 10, 2014 by David McKee

Customers visited 8% in Indiana and spent 4% less. There were some salutary results. Pinnacle Entertainment‘s Ameristar East Chicago was up 2% and Boyd Gaming‘s Blue Chip saw revenues rise 3%. It was a big month for the racinos, with … Continue reading →

Posted in Ameristar, Boyd Gaming, Dining, Harrah's, Macau, Maryland, MTR Gaming, Ohio, Penn National, Pinnacle Entertainment, Racinos, Regulation, Scientific Games, Shuffle Master, Tropicana Entertainment, Wall Street | Comments Off on Indiana struggles, Ohio flourishes

Caesars charged with default; LVH on the block again

Posted on June 9, 2014 by David McKee

It was bound to happen sooner or later: Holders of second-lien bonds ($3.7 billion worth) have charged Caesars Entertainment with default. They cited the offloading of Caesars New Orleans and other high-value properties, as well as the removal of guarantees … Continue reading →

Posted in Harrah's, Hooters, MGM Mirage, Planet Hollywood, The Strip, Wall Street | Comments Off on Caesars charged with default; LVH on the block again

Toppling dominoes in New York; Secret plan in St. Louis

Posted on June 6, 2014 by David McKee

Just like that, the E23 casino project near Albany is toast. But David Flaum won’t be asking for his $1 million back: He and partner Global Gaming Solutions have their eyes on Rensselaer now. GGS blamed the demise of E23 … Continue reading →

Posted in Cordish Co., Harrah's, Maryland, Missouri, New York, Penn National, Pinnacle Entertainment, Racinos, Tribal, Tropicana Entertainment | Comments Off on Toppling dominoes in New York; Secret plan in St. Louis

May challenging for Iowa, disastrous for Illinois

Posted on June 6, 2014 by David McKee

At present, the Iowa Racing & Gaming Commission is mulling whether to put a casino in relatively isolated (see video) Jefferson. While they’re weighing that Wild Rose Entertainment project, here’s something else to ponder: The latest set of revenue numbers … Continue reading →

Posted in Ameristar, Boyd Gaming, Current, Economy, Harrah's, Illinois, Iowa, Isle of Capri, MGM Mirage, Neil Bluhm, Penn National, Pinnacle Entertainment, Regulation, Slot routes | Comments Off on May challenging for Iowa, disastrous for Illinois

Adelson winning one-sided war

Posted on June 5, 2014 by David McKee

If it appears that Sheldon Adelson is rolling to victory in his jihad against Internet gambling, it’s primarily because his opposition has gone belly-up. First, MGM Resorts International CEO Jim Murren called the battle “a fight we cannot win,” then … Continue reading →

Posted in California, Florida, Geoff Freeman, Harrah's, Indiana, International, Internet gambling, MGM Mirage, Politics, Sheldon Adelson, South Carolina, Texas, Tribal | Comments Off on Adelson winning one-sided war

Abboud: Sinners repent!; Loveman’s orphan

Posted on June 4, 2014 by David McKee

Sounding like anti-casino zealot, Las Vegas Sands Senior Vice President of Government Relations & Community Development Andy Abboud had a dire message for Pennsylvania lawmakers: “Gambling was never supposed to be everywhere. It’s not an entitlement; it’s a vice. It needs to be doled … Continue reading →

Posted in Cannery Casino Resorts, Economy, Election, Harrah's, Harry Reid, Japan, Neil Bluhm, Pennsylvania, Politics, Sheldon Adelson | Comments Off on Abboud: Sinners repent!; Loveman’s orphan

Quote of the Day

Posted on June 4, 2014 by David McKee

“The debate is heating up just as state Comptroller Thomas DiNapoli says most gamblers at the new casinos will be area residents, not out-of-state tourists, and a large resort casino in Mississippi closes as gambling revenues fall.” — Albany Business Review reporter … Continue reading →

Posted in Economy, Harrah's, Mississippi, New York | 1 Comment

Casinos battle an ebb tide; Loveman rebuffed

Posted on June 2, 2014 by David McKee

Today marks the date that the casino industry officially became too large for the country to support, symbolized by the closing of Harrah’s Tunica. “There’s gambling everywhere. If you just want to gamble, you don’t have to go very far to do … Continue reading →

Posted in Economy, Harrah's, Illinois, Massachusetts, Mississippi, Politics, Regulation | Comments Off on Casinos battle an ebb tide; Loveman rebuffed

Case Bets for a Monday morning

Posted on June 2, 2014 by David McKee

Because Vegas is starved for retail along the Strip (ha!), Caesars Entertainment has been beavering away busily on Grand Bazaar Shops, in front of Bally’s Las Vegas. Vital Vegas has been sussing out the progress of the mall and it’s … Continue reading →

Posted in Architecture, Atlantic City, Culinary Union, Derek Stevens, Entertainment, Foxwoods, Harrah's, Internet gambling, Mohegan Sun, Revel, The Strip | Comments Off on Case Bets for a Monday morning

Adelson vs. Loveman: Splitting the difference

Posted on May 30, 2014 by David McKee

“One of the things I’ve learned in this industry is we are extraordinarily competent at shooting at one another.” So said American Gaming Association President Geoff Freeman after getting caught in the crossfire over Internet gambling. So, as the industry … Continue reading →

Posted in Geoff Freeman, Hard Rock Hotel, Harrah's, Internet gambling, Macau, Politics, Sheldon Adelson, Technology, The Strip, Warner Gaming, World Series of Poker | 1 Comment

Beso of death; Atlantic Club reborn

Posted on May 30, 2014 by David McKee

Eva Longoria‘s SHE byMorton’s (formerly Beso) has closed for the second — and presumably final — time. This time we can only put so much blame on Longoria and focus instead on owner Tilman Fertitta. This rare misstep by Fertitta … Continue reading →

Posted in Atlantic City, CityCenter, Dining, Harrah's, Illinois, Politics, The Strip | Comments Off on Beso of death; Atlantic Club reborn