Category Archives: International

More Trop troubles; Adelson’s wins & losses

Posted on October 12, 2011 by David McKee

Update: The Trop has been hit with yet another defection — and it’s a biggie. A bit shy of two years into his tenure as president of the Tropicana Las Vegas, veteran executive Tom McCartney has given his notice. While … Continue reading →

Posted in Alex Yemenidjian, Culinary Union, Harrah's, history, International, Isle of Capri, Macau, Sheldon Adelson, The Strip | Comments Off

“The Paddy Factor”

Posted on September 29, 2011 by David McKee

(For film buffs: “The Paddy Factor” was the working title of what became the classic gangster movie, The Long Good Friday … and the rest was history.) A new “Paddy factor” got flung into the Vegas equation this week when … Continue reading →

Posted in Current, Harrah's, Horseracing, Illinois, International, Internet gambling, MGM Mirage, Movies, Politics, Racinos, Regulation, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, Technology, The Strip | 1 Comment

The Great Riverboat Robbery revisited; Wynncore Manila?

Posted on September 28, 2011 by David McKee

Under fire for the low property valuations it placed on Pinnacle Entertainment‘s River City and Caesars Entertainment‘s Harrah’s Maryland Heights, the St. Louis County Board of Equalization backpedaled … sorta. They accepted County Assessor Jake Zimmerman‘s increased valuation for soon-to-expand … Continue reading →

Posted in Ameristar, Current, Detroit, Downtown, Economy, G2E, Harrah's, International, Marketing, Missouri, Pinnacle Entertainment, Steve Wynn, Tamares Group, Taxes, Wall Street | Comments Off

Tropicana of Cancer; Bucking the system

Posted on September 27, 2011 by David McKee

Alex Yemenidjian‘s efforts to reboot the Tropicana Las Vegas are sputtering quite badly these days. First, there’s the much-reported mess that is the Mob Experience, currently on the lam from foreclosure. Then a three-month extension of Gladys Knight‘s A Mic … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Current, Entertainment, Illinois, International, Internet gambling, Neil Bluhm, Regulation, The Strip, Tourism | 2 Comments

G2E 2011: No big deal?

Posted on September 27, 2011 by David McKee

I’ve been debating whether or not to give Global Gaming Expo a pass this year and this morning’s dispatch from Deutsche Bank‘s Carlo Santarelli didn’t exactly quicken my pulse. His prediction? A “quiet” G2E, due to slow growth in the … Continue reading →

Posted in CityCenter, Current, Economy, G2E, International, Internet gambling, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tourism, Wall Street | Comments Off

Caesars’ big Asian bet; Playing with yourself in Vegas

Posted on September 23, 2011 by David McKee

It’s amazing what you can do when you simply punt your debt burden a few years down the road. In the case of Caesars Entertainment, it means you’ve got an extra $470 million lying around to build Caesars Palace Longmu … Continue reading →

Posted in Alex Yemenidjian, Architecture, Current, Election, Harrah's, International, Internet gambling, M Resort, Macau, Marketing, MGM Mirage, Movies, Penn National, Regulation, Sheldon Adelson, Tamares Group, Taxes, Technology, Warner Gaming | Comments Off

See you there!

Posted on September 14, 2011 by David McKee

Tomorrow afternoon, at 12:15 p.m. (just in time for the lunch-hour crowd), UNLV‘s Design, Science & Technology program presents an unusual — for it — lecture. It’s entitled Taming Vice: How Machines and Architecture Changed the Culture of Gambling. The … Continue reading →

Posted in Architecture, Current, International, The Strip | 1 Comment

Boardwalk brinkmanship

Posted on September 13, 2011 by David McKee

As the hours tick away toward this week’s expiration of labor agreements at nine Atlantic City casinos, managements are all but daring Culinary Union parent Unite Here to strike. Caesars Entertainment had the brass to declare it was continuing “to … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Culinary Union, Current, Dennis Gomes, Detroit, Economy, Harrah's, International, Internet gambling, Marketing, MGM Mirage, Neil Bluhm, Pennsylvania, Racinos, Regulation | 2 Comments

How to get things done in Macao? Bribery!

Posted on September 12, 2011 by David McKee

OK, so it’s called “paying a premium,” but Steve Wynn finally pried 51 acres of Cotai Strip™ landfill real estate loose from Macao by forking over $193 million ($3.8 million an acre), plus annual lease payments. In return. he’s got … Continue reading →

Posted in Current, Election, Florida, Genting, International, Internet gambling, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal, Wall Street | Comments Off

Consolation prize

Posted on September 8, 2011 by David McKee

Congratulations to Caesars Entertainment. Its Canadian flagship, Caesars Windsor, was voted best “Detroit area” casino by readers of Casino Player magazine for the 11th year running, as well as snagging 10 other awards. Now, if only Caesars could monetize that. … Continue reading →

Posted in Current, Detroit, Economy, Harrah's, International, Regulation | 5 Comments

Musical chairs; Perry’s hypocrisy

Posted on August 26, 2011 by David McKee

Those who go around, come around. The newly unveiled management team for the Margaritaville Casino in Biloxi has a distinct aura of déja vu. CEO Tom Brosig used to be Lyle Berman‘s right-hand man at Grand Casinos, whose Biloxi casino … Continue reading →

Posted in Alex Yemenidjian, Current, Harrah's, Illinois, Indiana, International, Louisiana, Lyle Berman, Mississippi, Neil Bluhm, Ohio, Oklahoma, Penn National, Pinnacle Entertainment, Regulation, Station Casinos, Technology, Texas, Tilman Fertitta, Tourism | 4 Comments

“Is gaming recession-proof?” Seriously.

Posted on August 25, 2011 by David McKee

Before you snicker at CNBC, it’s asking the question in the context of Asia (read: China), where recessionary issues are not (yet?) the concern that they are in the United States. The across-the-Pacific reach of Genting Bhd, an emerging power … Continue reading →

Posted in Current, Economy, Genting, International, Macau, Singapore | Comments Off

Taking back (Harrah’s) America

Posted on August 16, 2011 by David McKee

Ever-vigilant in his watch over “The Borg” (aka Caesars Entertainment), Vegas Tripping author Chuck Monster has been keeping a gimlet eye on the revival of Project Linq. Granted access to internal Caesars documents, Mr. Monster reveals that the much-needed makeover … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Economy, Harrah's, International, Sports, Steve Wynn, Taxes, Wall Street | 8 Comments

Anyone remember the Gold Standard?

Posted on August 16, 2011 by David McKee

In 50 years, I’ve managed to outlive a number of institutions, ranging from the Berlin Wall to the Gold Standard. Some news outlets are commemorating the occasion, including The Alyona Show, which seems to be the libertarian equivalent to Countdown … Continue reading →

Posted in Current, Economy, Election, International, Politics, TV | Comments Off

Elvis & Eva have left the building

Posted on August 10, 2011 by David McKee

Two axes fell upon CityCenter in one day. It’s tough to decide which is more newsworthy. I’ll go with the Beso story because it has a not-so-hidden upside. Golden Nugget CEO Tilman Fertitta is feeling sufficiently bullish to plant his … Continue reading →

Posted in Cirque du Soleil, CityCenter, Columbia Sussex, Current, Dining, Economy, Entertainment, International, Marketing, Massachusetts, Texas, The Strip, Tilman Fertitta, Tourism | 1 Comment

Somebody sent us these …

Posted on August 3, 2011 by David McKee

It is difficult to say what looks phoniest about that picture: the cryingly obvious studio background of Venelazzo; the frozen grins on the faces of the agonized-looking models; or maybe it’s the fact that you could go into any Vegas … Continue reading →

Posted in Boyd Gaming, California, Cretins, Current, Dining, Downtown, Entertainment, Harrah's, history, International, MGM Mirage, New York, Oscar Goodman, Sheldon Adelson, Tamares Group, The Strip, Tourism | 2 Comments

And now for a dose of perspective …

Posted on August 3, 2011 by David McKee

Here’s a sobering reminder that while much of off-Strip (i.e., non-tourist) Las Vegas may look like a Third World country right now, the problems we face are as nothing compared to those in the actual Third World.

Posted in Current, International | Comments Off

Vegas’ recovery? D.O.A.

Posted on August 2, 2011 by David McKee

In the wake of last weekend’s Grand Capitulation on the banks of Foggy Bottom (I’ll let you decide who capitulated to whom), the incipient Las Vegas recovery that was materializing in late 2011 is probably as good as dead. Even … Continue reading →

Posted in Current, Donald Trump, Economy, history, International, Macau, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tourism, Wall Street | 8 Comments

If you liked CityCenter …

Posted on July 14, 2011 by David McKee

… you’ll lurve the “ghost cities” of China. Actually, they look more like something Sheldon Adelson would design — if Adelson were doing mile-long lines of cocaine, that is. He and others like him who own casinos in Macao better … Continue reading →

Posted in Architecture, Current, Downtown, Dubai, Economy, Environment, Harrah's, International, Jack Binion, Macau, Marketing, Mesquite, MGM Mirage, Michael Gaughan, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, TV | 2 Comments

Quote of the Day

Posted on July 13, 2011 by David McKee

Not a quote today but something for our international readers. Rupert Murdoch‘s recent travails have lent new currency to this vintage Fry & Laurie skit … although Murdoch should only be so lucky as to resemble the future Dr. Gregory … Continue reading →

Posted in Entertainment, International, TV | 1 Comment