Category Archives: International

Case Bets: Philadelphia, Trump; Adelson’s successor

Posted on January 10, 2011 by David McKee

Even outgoing Pennsylvania Gov. Ed Rendell (D) has thrown in the towel on a second Philadelphia casino. Now that he no longer has to gratify “george” campaign donors, Rendell says it may be time to look elsewhere in the state. … Continue reading →

Posted in Atlantic City, Current, Economy, International, Isle of Capri, Macau, MGM Mirage, Pansy Ho, Pennsylvania, Sheldon Adelson, Singapore, Stanley Ho | 1 Comment

Elephant runs free

Posted on January 7, 2011 by David McKee

No, it’s not a metaphor for this week’s events in Washington, D.C., just the setup for a heartwarming vignette out of India …

Posted in Animals, Current, International | Comments Off on Elephant runs free

Ruffin on the prowl; Penn’s blown opportunity

Posted on December 28, 2010 by David McKee

So much for the conventional wisdom that Phil Ruffin was just hanging onto Treasure Island for a few years to help MGM Resorts International through a rough patch. Seems he’s subsequently made offers for The Mirage (whose infrastructure is symbiotic … Continue reading →

Posted in Columbia Sussex, Current, Economy, Entertainment, Fontainebleau, Harrah's, International, Kansas, MGM Mirage, Mississippi, Penn National, Phil Ruffin, Steve Wynn, Tribal | 6 Comments

Oh little casino of Bethlehem

Posted on December 24, 2010 by David McKee

There’s a little something extra in the stockings of Pennsylvania casinos … a rather big something extra, actually. Keystone State casinos grossed 22% more than last November. Throw in a $15 million month at SugarHouse (below) and it’s a 31.5% … Continue reading →

Posted in Economy, Harrah's, International, Neil Bluhm, Penn National, Pennsylvania, Planet Hollywood, Politics, Racinos, Sheldon Adelson, Tribal, TV, Wall Street | Comments Off on Oh little casino of Bethlehem

Cosmo: The curious case of “the curious class”

Posted on December 9, 2010 by David McKee

It seems like David G. Schwartz is everywhere today. Las Vegas’ resident casino expert has not one but two stories out on The Cosmopolitan. From what he writes, Cosmo execs have convinced themselves they’ve reinvented the casino. It hinges upon … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Donald Trump, G2E, Harry Reid, International, Internet gambling, MGM Mirage, Midnight Jim Gibbons, Sheldon Adelson, Steve Wynn, Taxes, Tribal, Wall Street | 3 Comments

Nevada: “Cautious optimism”

Posted on December 9, 2010 by David McKee

That’s how UNLV‘s gaming guru, Prof. David G. Schwartz, describes his reaction to the October revenue numbers, released today. The 11% autumnal bounce may be less notable for the fact that the Strip was up 16% than the fact that … Continue reading →

Posted in Animals, Boulder Strip, Boyd Gaming, Cordish Co., Current, Downtown, Economy, history, International, Marketing, Mesquite, MGM Mirage, Pets, Regulation, Reno, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Wall Street | 1 Comment

Old Sixty Votes folds again; Butera’s blunder

Posted on December 8, 2010 by David McKee

Hey, Harry Reid, the casino industry called. It wants its money back. In all-too-predictable collapse, Old Sixty Votes threw in the towel on efforts to explicitly legalize online poker in the U.S. Since the issue is now dead for two … Continue reading →

Posted in Carl Icahn, Columbia Sussex, Current, Election, Harrah's, Harry Reid, Horseracing, IGT, Indiana, International, Internet gambling, MGM Mirage, Mississippi, Politics, Sheldon Adelson, Station Casinos, Tribal, Wall Street | 1 Comment

Cosmo rides the wave; Old Sixty Votes rides again

Posted on December 7, 2010 by David McKee

It may be $1.9 billion over budget and 2.5 years behind schedule but The Cosmopolitan appears to be hitting the market with perfect timing. That’s good news for the 5,000 employees who are furiously getting acclimated with the new megaresort. … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Economy, Harrah's, Harry Reid, history, International, Internet gambling, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 1 Comment

2014 is the new 2007; Good news from Pennsylvania, Detroit

Posted on December 7, 2010 by David McKee

It will take Las Vegas seven years to return to its former prosperity. Or so concludes a new report from consulting firm PricewaterhouseCoopers, which sees casino revenue improving in late 2011 (in line with a Moody’s Investor Service report that … Continue reading →

Posted in Atlantic City, CityCenter, Current, Detroit, Economy, Harrah's, International, Macau, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Plaza, Sheldon Adelson, Singapore, Steve Wynn, Wall Street | 5 Comments

Pinnacle sees Kasich, raises him $45 million

Posted on December 1, 2010 by David McKee

Pinnacle Entertainment pushed $45 million worth of chips into the middle of the poker table that is Ohio last week. Buying River Downs is a seven-figure wager that Gov.-elect Jon Kasich will resume outgoing Gov. Ted Strickland‘s push for VLTs … Continue reading →

Posted in Economy, Election, International, Macau, MGM Mirage, Ohio, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Station Casinos, Tribal | Comments Off on Pinnacle sees Kasich, raises him $45 million

‘Net betting: Wait til 2013 … or 2015 … or 2017 … or …

Posted on November 15, 2010 by David McKee

That was the consensus of a G2E panel that featured former California legislator Lloyd Levine, CNIGA Director of Government Affairs Jerome Encinas and Harrah’s Entertainment‘s top lobbyist, Jan Jones. With HR 2267 still several steps shy of passage and its … Continue reading →

Posted in California, Current, Election, Florida, G2E, Harrah's, Harry Reid, International, Internet gambling, MGM Mirage, Politics, Sheldon Adelson, Taxes, The Strip, Tribal | 3 Comments

Steelman: Small is profitable

Posted on November 15, 2010 by David McKee

Before he got elbowed aside in favor of ‘starchitects,’ Paul Steelman was one of the go-to designers on the Las Vegas Strip. He’s also one of the very few people who can say they’ve worked — without repercussion — for … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dining, Economy, Entertainment, IGT, International, Macau, MGM Mirage, Morgans Hotel Group, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Transportation | 5 Comments

M-G-M vs. $MGM

Posted on November 12, 2010 by David McKee

There’s been much confusion involving the (actual) insolvency of Metro-Goldwyn-Mayer vs. the (urban legend) bankruptcy of MGM Grand Mirage Resorts International, so The Onion gets in on the act. Let’s not forget all the overseas players the Green Monster scared … Continue reading →

Posted in Architecture, International, MGM Mirage, Movies, The Strip | 1 Comment

Sheldon Adelson, beard

Posted on November 9, 2010 by David McKee

Last week, S&G unearthed a contribution from self-professed “too liberal” Sheldon Adelson to flaming homophobe Rep. Michele Bachmann (R-MN). Turns out, she’s not the only apostle of intolerance with whom Adelson has crept under the covers. Last Sunday, the Las … Continue reading →

Posted in Election, Harrah's, International, Macau, MGM Mirage, Midnight Jim Gibbons, Politics, Sheldon Adelson, Steve Wynn | 8 Comments

Election 2010: Around the horn

Posted on November 3, 2010 by David McKee

Let’s get to it, with some help from Wells Fargo gaming analyst Carlo Santarelli … Cordish Gaming won big in Maryland, where voters upheld an initiative to ratify the zoning of its Arundel Mills Mall casino project. Penn National Gaming, … Continue reading →

Posted in Ameristar, Bally Technologies, California, Cordish Co., Economy, Election, Harrah's, IGT, International, Iowa, Isle of Capri, Maryland, Massachusetts, Missouri, New York, Ohio, Penn National, Pennsylvania, Politics, Racinos, Tribal, Wall Street, West Virginia, WMS Industries | 3 Comments

Singapore: Mission accomplished

Posted on October 25, 2010 by David McKee

A curious item popped up on the Manila Web site MB.com last week. Remember how Macao was “Asia’s Las Vegas”? The new meme is “More Than Just the New Vegas” (emphasis added). The lengthy puff piece rather strenuously posited Macao … Continue reading →

Posted in Current, Dining, Genting, Harrah's, International, James Packer, Lawrence Ho, Macau, Marketing, Pennsylvania, Regulation, Sheldon Adelson, The Strip, Tourism | Comments Off on Singapore: Mission accomplished

Quote of the Day

Posted on October 22, 2010 by David McKee

“Far from being a threat, Canada is a major contributor to economic prosperity in your state. More than 1.3 million visitors from Canada visited Nevada in 2009, creating tens of thousands of jobs, and Canada-Nevada trade totalled [sic] more than … Continue reading →

Posted in Economy, Election, International, Tourism | 9 Comments

Suicide Sharron; Gossy-ness is back; Borgata’s buyer unmasked

Posted on October 21, 2010 by David McKee

Sharron Angle‘s latest kamikaze dive into the CityCenter aircraft carrier has sparked quite a bit of discussion in the S&G “Comments” threads. A couple of things spring to mind. One, if she is now alleging that MGM Resorts International imported … Continue reading →

Posted in Alex Yemenidjian, Architecture, Atlantic City, Boyd Gaming, CityCenter, Economy, Election, Entertainment, George Maloof, International, Marketing, MGM Mirage, Penn National, Politics, Taxes, The Strip, Wall Street | 5 Comments

Quote of the Day

Posted on October 18, 2010 by David McKee

“I think that you’re misinterpreting those commercials. I’m not sure that those are Latinos in that commercial.” — Sharron Angle, one-woman ‘Quote of the Day’ machine, referring to the image above (which depicts Mexican citizens … in Mexico).

Posted in Current, Election, International, Marketing, TV | 6 Comments

Kerkorian’s mixed message; Winners & Losers

Posted on October 13, 2010 by David McKee

Earlier this week, Hudson Securities analyst Robert LaFleur — something of a maverick in the gaming sector — voiced doubts about MGM Resorts International‘s ability to sustain its debt covenants. With an overhang of $13 million in debt, few properties … Continue reading →

Posted in Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Harrah's, International, Louisiana, M Resort, Macau, MGM Mirage, Morgans Hotel Group, Neil Bluhm, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Reno, Sheldon Adelson, The Strip, Tourism, Tribal, Vdara Death Ray, Wall Street | 4 Comments