Category Archives: Harrah's

Massachusetts: Carlino’s Way

Posted on September 4, 2013 by David McKee

Penn National Gaming‘s bid to get into Massachusetts is taking a turn for the bizarre. In a surrealistic proposal, it has taken out an option to buy on Plainridge Race Course. But … the option is condition on Penn being … Continue reading →

Posted in Harrah's, Massachusetts, Mohegan Sun, Penn National, Racinos, Regulation | Comments Off on Massachusetts: Carlino’s Way

On the lighter side

Posted on September 3, 2013 by David McKee

Add Cedar Rapids to the list of cities offering a “Las Vegas flavor” to their citizens — at least if Cedar Crossing Casino goes through as planned, which will include a management team of Peninsula Gaming execs rendered homeless by … Continue reading →

Posted in Architecture, Boyd Gaming, Dining, Entertainment, Harrah's, Iowa, Sheldon Adelson | Comments Off on On the lighter side

More turmoil at Sands; Pensions want a bigger slice of Caesars

Posted on September 3, 2013 by David McKee

David Sisk, the COO of Sands China, has resigned — the latest casualty of high executive turnover in Sheldon Adelson‘s fiefdom. You’d think that such instability in the upper ranks would give Wall Street an ulcer. But when Sands is … Continue reading →

Posted in Current, Economy, Foxwoods, Harrah's, Macau, Rhode Island, Sheldon Adelson, Wall Street | Comments Off on More turmoil at Sands; Pensions want a bigger slice of Caesars

Quote of the Day

Posted on August 30, 2013 by David McKee

“It certainly impacts my line of thinking in terms of what these licenses are worth.[Foxwoods] needs to package the best deal possible and, right now, they’re third in the list of three.” — Milford Board of Selectman Chairman William Buckley, … Continue reading →

Posted in Foxwoods, Harrah's, Massachusetts, Steve Wynn | Comments Off on Quote of the Day

Loveman, Loveman everywhere

Posted on August 29, 2013 by David McKee

Racetrack owner Richard Fields and Caesars Entertainment are wrapping up their deals with Boston and Revere with dispatch. And the latter are making out like bandits. In their zeal to close deals, Fields and Loveman may be overpaying for the … Continue reading →

Posted in Dining, Entertainment, Foxwoods, G2E, Harrah's, Massachusetts, Racinos, Rhode Island, Steve Wynn, Tribal | Comments Off on Loveman, Loveman everywhere

Sands pays The Man; Brothel bargains; Caesars goes to Boston

Posted on August 28, 2013 by David McKee

Uncle Sam is $47 million richer today after collecting an eight-figure settlement from Las Vegas Sands. Seems the latter had been operating on the outer fringes of legality when handling large sums of moolah from Zhenli Ye Gon. The latter, … Continue reading →

Posted in Current, Economy, Entertainment, Harrah's, International, Massachusetts, Sheldon Adelson, Steve Wynn | Comments Off on Sands pays The Man; Brothel bargains; Caesars goes to Boston

Suffolk Downs a near-done deal

Posted on August 27, 2013 by David McKee

Boston has reached an agreement with the owners of Suffolk Downs. It would be the most “george” deal in eastern Massachusetts. Where Foxwoods Massachusetts would pony up $18 million in advance, Caesars Entertainment and Richard Fields offer $33 million, along … Continue reading →

Posted in Current, Foxwoods, Harrah's, Massachusetts, Regulation, Steve Wynn | Comments Off on Suffolk Downs a near-done deal

How much sin in Sin City is too much?; Woe and Ho

Posted on August 27, 2013 by David McKee

Wearing a strap-on dildo seems to be the outer limit of decency in Las Vegas. Any casino that hosts a nightclub is playing with fire to some extent but Las Vegas Sands well and truly burned its fingers with The … Continue reading →

Posted in Current, Harrah's, International, Macau, Ohio, Penn National, Planet Hollywood, Regulation, Sheldon Adelson, Stanley Ho, The Strip | 2 Comments

Revel: It had to happen; Hard Rock on a roll

Posted on August 26, 2013 by David McKee

Revel Resort‘s somewhat disingenuous “You Can’t Lose” promotion was bound to attract a lawsuit and so it has. A pair of players are suing and, though the odds seem against them, it’s worth recalling that Revel’s disclaimer language tap-danced around … Continue reading →

Posted in Architecture, Atlantic City, Dennis Gomes, Hard Rock International, Harrah's, Marketing, Massachusetts, Ohio, Revel | Comments Off on Revel: It had to happen; Hard Rock on a roll

Atlantic City: Half-full or half-empty?; Crosby tips his hand

Posted on August 23, 2013 by David McKee

It depends on which newspaper you read. The Press of Atlantic City took the half-full route, focusing on the profits made by eight of the city’s dozen casinos. The Associated Press pointed to the narrowing margin of aforesaid gross-operating profitability. … Continue reading →

Posted in Boyd Gaming, Donald Trump, Economy, Foxwoods, Harrah's, International, James Packer, Massachusetts, Mohegan Sun, Pennsylvania, Problem gambling, Regulation, Revel, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

Quote of the Day

Posted on August 23, 2013 by David McKee

“Bill Harrah absolutely wanted to have the best and nicest facilities. Harrah’s Lake Tahoe was a five-star hotel when I worked for them. The facilities had to be spotless, they had to be clean … and the service had to … Continue reading →

Posted in Harrah's, history | Comments Off on Quote of the Day

Troubling trend in Mississippi; Caesars pleads poverty

Posted on August 22, 2013 by David McKee

Evidence of casino saturation in the U.S. (and economic malaise) continues to mount. Following a 6% dropoff in Mississippi casino revenues for July, the Biloxi Sun-Herald‘s Mary Perez was moved to examine a larger trend. Here’s what she found in … Continue reading →

Posted in Current, Economy, Harrah's, Louisiana, Mississippi, Reno | 1 Comment

Boston briefs: Caesars gets the vote out, etc.

Posted on August 19, 2013 by David McKee

In the face of iffy local support for its Suffolk Downs project, Caesars Entertainment has surrogates going door to door in East Boston, selling voters on the proposal’s virtues. Given the Latino majority among Easties, that’s where Caesars is targeting … Continue reading →

Posted in Atlantic City, Donald Trump, Hard Rock International, Harrah's, Harry Reid, Massachusetts, Mohegan Sun, Penn National, Politics, Tourism, Transportation | 3 Comments

This land is their land; Tight money in Pennsylvania

Posted on August 16, 2013 by David McKee

Tribal casinos aren’t just for reservations anymore and it’s becoming a coast-to-coast phenomenon. California legislators already approved one off-reservation casino, to be managed by Station Casinos. The Enterprise Rancheria of the Estom Yumeka Maidu would like to be second. They … Continue reading →

Posted in California, Current, Economy, Foxwoods, Harrah's, history, Massachusetts, Mohegan Sun, Neil Bluhm, Ohio, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Station Casinos, Tribal, Wall Street | 1 Comment

Quote of the Day

Posted on August 16, 2013 by David McKee

“It reminds me of the unicycle from The Prisoner.” — my wife, commenting on the progress of the Linq‘s Ferris wheel. Hmmmm. Does this mean that Linq is The Village and Gary Loveman is the new Number Two? I mean, … Continue reading →

Posted in Harrah's, The Strip, TV | Comments Off on Quote of the Day

Hope for Caesars; Dopes at Boyd

Posted on August 15, 2013 by David McKee

Perhaps the best thing yet to happen for Caesars Entertainment‘s Suffolk Downs project was a gift from the Massachusetts Gaming Commission. The latter’s chairman, Stephen Crosby, said that surrounding-community agreements would play an important role in choosing which operator gets … Continue reading →

Posted in Boyd Gaming, Current, Entertainment, Harrah's, International, Macau, Maryland, Mississippi, The Strip | Comments Off on Hope for Caesars; Dopes at Boyd

Massachusetts: Small problem for Wynn, big trouble for MGM, Plainridge

Posted on August 12, 2013 by David McKee

Boston still has 10 weeks to reach terms with Suffolk Downs on a billion-dollar racino. That may explain Caesars Entertainment‘s apparent lack of urgency in reaching a host-community agreement. Beantown Mayor Thomas Menino‘s administration seems to be expending considerably more … Continue reading →

Posted in Atlantic City, California, Cordish Co., Current, Harrah's, Marketing, Maryland, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Regulation, Steve Wynn, Tomato King Procacci, Tribal | Comments Off on Massachusetts: Small problem for Wynn, big trouble for MGM, Plainridge

Murren disses Adelson; Caesars bows out of Macao; Clerical choler

Posted on August 12, 2013 by David McKee

“Maybe because he’s rich he thinks people care about what he has to say. It’s obvious we know Las Vegas better than he does.” With those wordsMGM Resorts International CEO Jim Murren laid a surprisingly blunt smackdown on Las Vegas … Continue reading →

Posted in Current, Florida, Harrah's, James Packer, Lawrence Ho, Macau, Massachusetts, MGM Mirage, Problem gambling, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Wall Street | 3 Comments

July in A.C.: Borgata, Revel triumphant; Cosmo: The right amount of ‘Why?’

Posted on August 9, 2013 by David McKee

Last month was good for Atlantic City in the sense that revenue was only 4% off last year’s pace. The upper-tier properties fared exceptionally, with Borgata ascending 19%, driven by a two-third increase in table win, and Revel, fueled by … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cosmopolitan, Current, Donald Trump, Economy, Harrah's, Marketing, Mohegan Sun, Revel, The Strip, Tropicana Entertainment | 2 Comments

MGM’s half-full glass

Posted on August 6, 2013 by David McKee

Today it was MGM Resorts International‘s turn to do the “We didn’t lose as much money as last year” thing. The size of the decrease, at least, was impressive and MGM China produced its best numbers ever. The company’s performance … Continue reading →

Posted in CityCenter, Current, Detroit, Economy, Harrah's, Macau, Mississippi, The Strip, Wall Street | 1 Comment