Category Archives: Illinois

Penn, Vegas to GSA: Thank you!; What price Victorville?

Posted on April 19, 2012 by David McKee

With so many fine hotels to choose from in Las Vegas, it’s no wonder that it took disgraced General Services Administration Regional Commissioner Jeffrey Neely no fewer than eight ‘fact-finding’ missions at a cost of $130,000 (or $16,250 per vacation … Continue reading →

Posted in Ameristar, Cordish Co., Current, Economy, Entertainment, Hard Rock Hotel, Harrah's, Harry Reid, Illinois, International, Isle of Capri, Kansas, Maryland, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Technology, The Strip, Tourism, Transportation, TV, Wall Street, Warner Gaming | 1 Comment

Illinois: Visit more, spend less; Harrah’s breaks losing streak

Posted on April 9, 2012 by David McKee

Although recent investor presentations by the major casino and game-making companies would leave one feeling pretty sanguine about the economy, “pallid” is the word for the industry’s performance in Illinois last month. Attendance at casinos rose 21% but spending was … Continue reading →

Posted in Ameristar, Boyd Gaming, Economy, Harrah's, Illinois, Iowa, Isle of Capri, Macau, MGM Mirage, Neil Bluhm, Penn National, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street | Comments Off on Illinois: Visit more, spend less; Harrah’s breaks losing streak

Investor Week: The slot makers speak; More Ohio expansion

Posted on March 21, 2012 by David McKee

Themes! Themes! Themes! That was the promise made by WMS Industries, which plans to introduce no fewer than 55 of them between now and year’s end. I’d thought we were past the era in which slot manufacturers indiscriminately licensed every … Continue reading →

Posted in Atlantic City, Bally Technologies, Cordish Co., Current, Economy, Election, Entertainment, Harrah's, IGT, Illinois, International, Internet gambling, Macau, Maryland, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Shuffle Master, Slot routes, Technology, Wall Street, WMS Industries | 1 Comment

Ides of March: Caesars, MGM, Wynn court Wall Street

Posted on March 21, 2012 by David McKee

Evidently J.P. Morgan‘s Gaming, Lodging & Leisure Management Access Forum, being held this week at Wynncore, isn’t sufficiently important to merit the attendance of Big Gaming’s CEOs. If Steve Wynn couldn’t make the stroll from his office to Encore’s meeting … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Encore, Entertainment, Harrah's, Illinois, Internet gambling, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Neil Bluhm, Ohio, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street, World Series of Poker | 2 Comments

R.I.P., Dennis Gomes; Casino avalanche in Michigan; Life after UIGEA

Posted on March 8, 2012 by David McKee

There are few real characters in the casino industry anymore. Dennis Gomes (1944-2012) was one of them. His recent death put a premature “full stop” on one of the most colorful and wide-ranging careers gaming has seen. After all, how … Continue reading →

Posted in Atlantic City, Colony Capital, Dennis Gomes, Detroit, Donald Trump, Economy, Election, Harrah's, history, Illinois, International, Internet gambling, Marketing, MGM Mirage, Movies, Ohio, Penn National, Pokergeddon, Politics, Problem gambling, Regulation, The Mob, The Strip, Tribal | Comments Off on R.I.P., Dennis Gomes; Casino avalanche in Michigan; Life after UIGEA

Cosmo woe; MGM lurves Ameristar

Posted on February 15, 2012 by David McKee

As new casino boss Thomas McCartney tries to stabilize the sinking ship that is The Cosmopolitan of Las Vegas, he’s tossed overboard some human ballast in the form of casino employees. (Thirty full-time dealers are alleged to have been pink-slipped.) … Continue reading →

Posted in Ameristar, Colorado, Cosmopolitan, Dan Lee, Dining, Election, Harrah's, history, Illinois, Indiana, International, Iowa, Lake Tahoe, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Movies, Ohio, Planet Hollywood, Sheldon Adelson, The Strip | 1 Comment

Fire sale at Caesars; Harvey vs. The Mob

Posted on February 10, 2012 by David McKee

Money problems at Caesars Entertainment are worse than we thought. According to the New York Post, the company is trying to shop as many as 10 Midwestern casinos in order to raise $500 million in development capital. The money would … Continue reading →

Posted in Harrah's, Harry Reid, Illinois, Indiana, International, Iowa, Isle of Capri, Louisiana, Maryland, Mississippi, Missouri, Ohio, Politics, Racinos, Regulation, Reno, The Mob, Tribal, Wall Street | 1 Comment

Adelson does damage control; Caesars IPO Part 2: Boom or bust?

Posted on February 8, 2012 by David McKee

It was “unfortunate” for Sheldon Adelson that he wore the uniform of the United States of America, the country that made him rich? Seriously? Not many of us would use our spouses as human shields. But then again, not many … Continue reading →

Posted in Ameristar, Boyd Gaming, Charity, Cordish Co., Don Barden, Economy, Election, Harrah's, history, Illinois, Indiana, International, Macau, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tropicana Entertainment, Wall Street | Comments Off on Adelson does damage control; Caesars IPO Part 2: Boom or bust?

Bluhm, Boyd win in Illinois, everyone else loses

Posted on February 7, 2012 by David McKee

Well, not quite but the headline pretty much gives you January’s narrative in a nutshell. After backing out the contribution made by Neil Bluhm‘s new, category-killing Rivers Casino in Des Plaines, gambling revenue from the Land of Lincoln was a … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Columbia Sussex, Culinary Union, Current, Harrah's, Illinois, International, Internet gambling, MGM Mirage, Neil Bluhm, Penn National, Politics, Racinos, Regulation, Slot routes, Tilman Fertitta, Tropicana Entertainment, Wall Street | 1 Comment

And then there were three; What’s next in Florida?; New problem for Illinois

Posted on February 6, 2012 by David McKee

While the rest of America was betting on a little thing we call the Super Bowl … Unless it can find somebody to relieve it of a fourth and final gaming license, in southeastern Kansas, the Sunflower State’s casino-expansion program … Continue reading →

Posted in Election, Genting, Illinois, Kansas, Massachusetts, Penn National, Politics, Racinos, Sheldon Adelson, Sports, Taxes, Tribal | 2 Comments

Illinois: Not cricket; Boyd’s not going to like *this*: Death Ray: The sequel

Posted on January 25, 2012 by David McKee

Hardly had the outlines for a gaming-expansion compromise been leaked from the Illinois governor’s mansion when state Speaker of the House Michael Madigan (D, right) nixed the idea — or at least the prospect of a deal getting done in … Continue reading →

Posted in Boyd Gaming, CityCenter, Current, Election, Environment, Hawaii, Illinois, Louisiana, Politics, Sheldon Adelson, Taxes, Vdara Death Ray | 3 Comments

Illinois: They shoot horses, don’t they?; Friday film festival

Posted on January 20, 2012 by David McKee

Score another round for Illinois Gov. Pat Quinn (D): By threatening a drawn-out negotiation process that would put casino expansion hard up against election season — with lawmakers facing the terra incognita of redrawn districts — he may have forced … Continue reading →

Posted in Economy, Election, Environment, Harrah's, Horseracing, Illinois, Internet gambling, Missouri, Ohio, Penn National, Politics, Racinos, Regulation, Rhode Island, Taxes, Tribal | Comments Off on Illinois: They shoot horses, don’t they?; Friday film festival

Train robbery in D.C.

Posted on January 16, 2012 by David McKee

As the online-gambling gravy train begins leaving in the station, members of Congress are making one last attempt to derail it. After all, once New Jersey, Illinois, California, the District of Columbia and so forth set up shop as havens … Continue reading →

Posted in California, Columbia Sussex, Cordish Co., Current, Harrah's, Harry Reid, Illinois, Indiana, Internet gambling, Politics, Problem gambling, Racinos, Regulation, Taxes, Tropicana Entertainment | Comments Off on Train robbery in D.C.

Belated Christmas presents, Midwest edition

Posted on January 11, 2012 by David McKee

To quote Stephen Sondheim, everything’s coming up roses … or close enough, anyway. Last Friday, strong numbers out of Iowa — of a non-caucus ilk — showed the state’s casinos rebounding to the tune of 16% (on a $121 million) … Continue reading →

Posted in Ameristar, Boyd Gaming, Cordish Co., Dan Lee, Don Barden, Donald Trump, Economy, Environment, Harrah's, Illinois, Indiana, Iowa, Isle of Capri, Kentucky, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment, Racinos, Taxes, Tropicana Entertainment | 1 Comment

Quote of the Day

Posted on January 11, 2012 by David McKee

“My point is, we should go full speed ahead.” — fiscally reckless Illinois state Rep. Lou Lang, pimping exponential casino expansion. Say, isn’t that what the captain of the R.M.S. Titanic said? Or maybe it was a Japanese kamikaze pilot … Continue reading →

Posted in Economy, Illinois, Politics | 3 Comments

Belated Christmas presents

Posted on January 10, 2012 by David McKee

Good news is busting out all over, starting in the unlikeliest place … Atlantic City. Ye Olde Boardwalk was up 4% last month, its first revenue-positive month in 15 quarters. Even a 10% fall in table drop couldn’t put a … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Dennis Gomes, Donald Trump, Economy, Election, Genting, Harrah's, Horseracing, Illinois, Neil Bluhm, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Pride and Pepto-Bismol

Posted on December 28, 2011 by David McKee

Santa Claus was a little over-generous this year, was my waning flu was topped off with a Christmas Night onset of acid reflux, in St. Nick-sized portions. Being almost 40 lbs. overweight, feeling the tightness in my chest, and with … Continue reading →

Posted in Cretins, Current, Dining, history, Illinois, International, Macau, Singapore, The Strip | 5 Comments

Pennsylvania gives thanks; Aqueduct, superstar

Posted on December 16, 2011 by David McKee

This has been a terrible fortnight for S&G but, hey, we’ve got some good news from Pennsylvania. Last month’s gambling revenues were reported this morning and they’re up 12%, thanks mostly to the growing popularity of table games. (Atlantic City, … Continue reading →

Posted in Atlantic City, Bally Technologies, Cannery Casino Resorts, Current, Economy, Genting, IGT, Illinois, Macau, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Tribal, Wall Street, WMS Industries | 2 Comments

Quote of the Day

Posted on December 12, 2011 by David McKee

“Let me say this: Trees don’t grow to the sky. There is clearly a saturation point, and as you add additional competition, everybody’s total win will be going down.” — Rivers Casino owner Neil Bluhm, in reference to Illinois market. … Continue reading →

Posted in Illinois, Neil Bluhm, Steve Wynn | Comments Off on Quote of the Day

Foxwoods Philly: It’s history

Posted on November 11, 2011 by David McKee

Barring a huge reversal from the Pennsylvania Supreme Court, the long and mostly inept saga of Foxwoods Philadelphia has finally come to a conclusion. The politically juiced-in trio of Ron Rubin, Lewis Katz and Comcast Chairman Ed Snider (collectively known … Continue reading →

Posted in Atlantic City, Current, Don Barden, Harrah's, Illinois, Lyle Berman, Maryland, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Steve Wynn, Taxes, Tilman Fertitta, Tribal | 1 Comment