Category Archives: Las Vegas Sands

Wall Street: The Strip is all right; Rivals pile into Waukegan

Posted on September 16, 2019 by David McKee

JP Morgan analyst Joseph Greff has just returned from a two-day field trip to Las Vegas. His overall reaction was “incrementally positive.” He said he sensed “a fairly steady trend line in terms of overall spend and net revenue performance.” … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Conventions, Dan Gilbert, Dan Lee, Detroit, Dining, Entertainment, Full House Resorts, Illinois, Japan, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, Maryland, MGM Resorts International, Ohio, Palms, Penn National, Resort fees, Rush Street Gaming, Sahara, Sports betting, The Strip, Tribal, Wall Street, Warner Gaming, Wisconsin | Comments Off on Wall Street: The Strip is all right; Rivals pile into Waukegan

Case Bets

Posted on September 12, 2019 by David McKee

Unlike people across the Pearl River Delta in Hong Kong, casino workers in Macao are relatively easy to please. Their latest set of demands will sound very familiar to Americans: a five-day work week, vacation schedules and a smoke-free environment (we’re … Continue reading →

Posted in DFS, Indiana, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Rhode Island, Sports betting, Tribal, Wynn Resorts | Comments Off on Case Bets

Squeezed in Schenectady; Seminoles step up

Posted on September 10, 2019 by David McKee

One of the goofs New York State made when authorizing upstate casinos was not to establish a level playing field of taxation. Rivers Casino Schenectady is hardest hit, paying 45% on its slot revenues and it’s finally decided to ask … Continue reading →

Posted in Charity, Economy, Las Vegas Sands, Lawrence Ho, Marketing, Melco Resorts & Entertainment, MGM Resorts International, New York, Rush Street Gaming, Seminole Tribe, Sheldon Adelson, Singapore, Taxes, The Strip | Comments Off on Squeezed in Schenectady; Seminoles step up

Maryland good, Illinois becalmed, MGM furious

Posted on September 9, 2019 by David McKee

Maryland‘s casino industry showed continued health last month, up 5.5%. MGM National Harbor had 40.5% of market share while Maryland Live corralled 34.5% of trade. MGM grossed $62.5 million, with low-tax table games up 10% as opposed to only 4% … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Connecticut, Cordish Co., Eldorado Resorts, GLPI, Golden Gaming, Hard Rock International, Illinois, International, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Macau, Maryland, Mohegan Sun, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Slot routes, South Dakota, Sports, Wall Street, West Virginia | 1 Comment

‘Wynn-wash’ in Boston; MGM, Sahara soak customers

Posted on September 9, 2019 by David McKee

Encore Boston Harbor President Robert DeSalvio gives us the nitty-gritty (emphasis on gritty) of developing the Massachusetts megaresort. For instance, I’ll bet you didn’t know Wynn Resorts rented 600 railroad cards to—repeatedly—haul arsenic-tainted soil from the site, trucked off to Georgia, … Continue reading →

Posted in Architecture, Cretins, Detroit, Downtown, Entertainment, Environment, Hard Rock Hotel, Iowa, Las Vegas Sands, MGM Resorts International, Nebraska, Nevada, Palms, Penn National, Pennsylvania, Resort fees, Sahara, Sports betting, Station Casinos, Technology, Terry Caudill, Transportation, Wynn Resorts | Comments Off on ‘Wynn-wash’ in Boston; MGM, Sahara soak customers

Terrorism at Trump; Police blotter

Posted on September 5, 2019 by David McKee

Trump International finally made it back into the news, although not in a good way. WSOP player Kenneth Strauss was arrested there on July 27 after allegedly tweeting terroristic threats, among other malfeasances. Strauss’ reign of error began at Red … Continue reading →

Posted in Baseball, Donald Trump, Florida, Genting, Internet gambling, Japan, Las Vegas Sands, Law enforcement, MGM Resorts International, New York, Ohio, Philippines, Sports betting, Station Casinos, The Strip, Vietnam, Wall Street, World Series of Poker | 1 Comment

This just in …

Posted on September 4, 2019 by David McKee

Osaka and Tokyo are the world’s fourth- and seventh-most livable cities according to the Economist Intelligence Unit. (Tops is Vienna.) This is great news for casino companies like Las Vegas Sands and MGM Resorts International that want to set up … Continue reading →

Posted in Canada, Economy, International, Japan, Las Vegas Sands, MGM Resorts International, New York, Singapore | Comments Off on This just in …

Cherokee go to D.C. (maybe); Ivey cleaned out

Posted on August 29, 2019 by David McKee

Native American tribes have a hard time being heard in Washington, D.C.  So it was past time that the Cherokee Nation took advantage of a treaty provision two centuries old and nominated a delegate to our nation’s capitol. The actual decision … Continue reading →

Posted in Atlantic City, California, Dining, Economy, history, Iowa, Las Vegas Sands, Law enforcement, MGM Resorts International, Oklahoma, Penn National, Politics, Regulation, The Strip, Tourism, Tribal, William Hill, World Series of Poker | 1 Comment

Case Bets

Posted on August 23, 2019 by David McKee

Despite the tepid attitude of Tokyo leadership, Las Vegas Sands has settled on it and Yokohama as its destinations of preference in Japan. Which leaves Osaka out in the cold (although it is not lacking for suitors). Sands lost no time … Continue reading →

Posted in Boulder Strip, Diversity, Galaxy Entertainment, Hooters, International, Internet gambling, Japan, Las Vegas Sands, Melco Resorts & Entertainment, MGM Resorts International, Philippines, Sheldon Adelson, Station Casinos, The Strip, Wynn Resorts | 2 Comments

Gaming and its discontents

Posted on August 19, 2019 by David McKee

Iowa, Nebraska and Council Bluffs continue to have their collective ass kicked in court by the Ponca Tribe of Nebraska. The latest drubbing occurred in federal district court. The plaintiffs filed motions arguing that, since Judge Stephanie Rose had asked … Continue reading →

Posted in Cambodia, Connecticut, Cordish Co., Foxwoods, Genting, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Mohegan Sun, Money laundering, Nebraska, New York, Penn National, Pennsylvania, Politics, Sheldon Adelson, Sports, Sports betting, Tourism, Transportation, Tribal, Wall Street | 2 Comments

El Paso, Dayton … Las Vegas?

Posted on August 12, 2019 by David McKee

Las Vegas, if you’ll pardon the pun, dodged a bullet when the FBI apprehended a man bent on killing large numbers of Jews and gay people. Conor Climo, the alleged bomber, has been linked to the white-supremacist netherworld and supposedly … Continue reading →

Posted in Churchill Downs, Connecticut, Current, Downtown, Foxwoods, Full House Resorts, Indiana, Kentucky, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, New Mexico, Pennsylvania, Racinos, Sports, Sports betting, Wall Street | Comments Off on El Paso, Dayton … Las Vegas?

Rock the casbah; The risks of Japan

Posted on August 9, 2019 by David McKee

Although Israel continues to outlaw casinos, undoubtedly to Sheldon Adelson‘s deep regret, the Middle East is pustulent with gaming houses. Yes, the Koran forbids it but that’s hardly stopping anyone. Egypt stands out with roughly 15 casinos, supposedly off-limits to … Continue reading →

Posted in Animals, Atlantic City, Caesars Entertainment, Genting, GLPI, Illinois, Indiana, International, Japan, Las Vegas Sands, Macau, Melco Resorts & Entertainment, Movies, Ohio, Pennsylvania, Scientific Games, Sheldon Adelson, Singapore, Sports betting, Taxes, The Strip, Tourism, Wall Street | 2 Comments

Sands: Waiting for Japan; I-gaming raids hit Singapore, Vietnam

Posted on August 1, 2019 by David McKee

It’s difficult to imagine investors being impatient with Las Vegas Sands but The Motley Fool‘s Travis Hoium suggests that they are. “Unless a new market like Japan hits, that cash flow machine is all Las Vegas Sands has to offer,” … Continue reading →

Posted in Horseracing, Internet gambling, Japan, Las Vegas Sands, Law enforcement, Macau, Maine, Massachusetts, North Carolina, Penn National, Pennsylvania, Pets, Singapore, Sports betting, Vietnam, Wall Street | Comments Off on Sands: Waiting for Japan; I-gaming raids hit Singapore, Vietnam

Wynn tops in U.S. casinos; Crown in hot water again

Posted on July 30, 2019 by David McKee

Steve Wynn got some love from the contributors to TripAdvisor, whose top-three-ranked casinos in America are Wynn Las Vegas, Encore and Beau Rivage, a vindication of Wynn’s spare-no-detail approach. However, Bellagio may be showing its age, clocking in at a … Continue reading →

Posted in Atlantic City, Australia, Boulder Strip, Boyd Gaming, Caesars Entertainment, CityCenter, Cosmopolitan, Crown Resorts, Detroit, Downtown, Economy, Eldorado Resorts, Foxwoods, Golden Gaming, Indiana, Iowa, Las Vegas Sands, Law enforcement, Louisiana, M Resort, Macau, MGM Resorts International, Mississippi, Mohegan Sun, North Las Vegas, Oklahoma, Penn National, Pennsylvania, Politics, Reno, Station Casinos, Steve Wynn, Terry Caudill, The Strip, Tourism, Tribal, TV, Wynn Resorts | 1 Comment

Strip buoys MGM, Sands

Posted on July 26, 2019 by David McKee

According to JP Morgan analyst Joseph Greff, second-quarter results for MGM Resorts International “were better than (very subdued) investor expectations” on the Strip and in line with anticipation about Macao. Despite weak baccarat volumes in Las Vegas, the company performed “marginally … Continue reading →

Posted in Caesars Entertainment, Detroit, Eldorado Resorts, Harrah's, Las Vegas Sands, Macau, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mississippi, New York, Pennsylvania, Singapore, The Strip, Tribal, Wall Street, Wynn Resorts | 1 Comment

Encore accused of cheating players

Posted on July 17, 2019 by David McKee

It didn’t take long for Encore Boston Harbor‘s first scandal to accrue. A class-action lawsuit against the casino is challenging its practices, particularly with regard to that eternal flashpoint, 6:5 blackjack. The suit contends that Encore is not complying with … Continue reading →

Posted in Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Wynn Resorts | Comments Off on Encore accused of cheating players

Encore ready for its closeup; Reinventing Reno

Posted on June 19, 2019 by David McKee

“Industrial afterthought” Everett becomes home to a five-star casino-hotel starting Sunday. Encore Boston Harbor is obviously optimistic, judging by the $650/night base room rate. Of the three gambling-enabled Massachusetts locales, parent company Wynn Resorts got the plum and now it … Continue reading →

Posted in Economy, Galaxy Entertainment, Kansas, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Planet Hollywood, Reno, Sociedade de Jogos de Macau, Taxes, Wynn Resorts | Comments Off on Encore ready for its closeup; Reinventing Reno

Don’t bet against Sheldon; Encore Boston says ‘Take the T’

Posted on June 18, 2019 by David McKee

Don’t ever accuse Las Vegas Sands of not thinking big. It’s going to the banks for a $5.9 billion loan, primarily for expansion of Marina Bay Sands. That shouldn’t be much of a risk for financiers because nobody makes good … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Genting, Greenwood Racing, history, Internet gambling, Las Vegas Sands, Massachusetts, Penn National, Pennsylvania, Rush Street Gaming, Sheldon Adelson, Singapore, South Korea, Sports betting, Technology, Transportation, Wynn Resorts | Comments Off on Don’t bet against Sheldon; Encore Boston says ‘Take the T’

Arkansas casino nixed; Casino industry picks political winners, losers

Posted on June 17, 2019 by David McKee

Moving rapidly, the Arkansas Racing Commission unanimously granted a license to the Quapaw Tribe to build a casino in Jefferson County. (The tribe responded that it would be equally prompt in building $350 million Saracen Casino Resort. In the meantime slots … Continue reading →

Posted in Arkansas, Caesars Entertainment, Charity, Culinary Union, Dan Lee, Full House Resorts, Las Vegas Sands, MGM Resorts International, Nevada, Palms, Politics, Regulation, Sports betting, Station Casinos, Steve Wynn, Tribal, Wynn Resorts | Comments Off on Arkansas casino nixed; Casino industry picks political winners, losers

Vegas jottings, with a touch of Atlantic City

Posted on June 13, 2019 by David McKee

If we need a workplace consultant, we certainly won’t hire the Seyfarth Shaw at Work firm. (Seyfarth Shaw? Wasn’t he a character in Game of Thrones?) It’s offering its services to come up with strategies that will deter your employees … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Culinary Union, Derek Stevens, Downtown, Entertainment, Golden Gaming, Las Vegas Sands, Marijuana, MGM Resorts International, Pets, Sheldon Adelson, Sports betting, Technology, Wynn Resorts | Comments Off on Vegas jottings, with a touch of Atlantic City