Category Archives: Lawrence Ho

Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Posted on May 25, 2012 by David McKee

That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming | Comments Off on Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Sauce for the goose; Wall Street hearts LVS, MGM & Melco

Posted on April 23, 2012 by David McKee

Sheldon Adelson must have great and abiding faith in the American legal system … at least some of the time. He’s counting on it to cover his butt over in Macao, where erstwhile partners Asian American Entertainment have filed suit … Continue reading →

Posted in Boyd Gaming, Economy, International, Isle of Capri, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Penn National, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Wall Street | 2 Comments

Macao: Crossed fingers at Wynn; Confrontation at Melco

Posted on April 19, 2012 by David McKee

According to the Jornal Tribuna de Macau, by the end of the month, Wynn Resorts and the government of Macao “may sign” the long-awaited land tender upon which the fate of $2.7 billion Wynn Cotai rests. It “could be” a … Continue reading →

Posted in Cirque du Soleil, Current, Derek Stevens, Downtown, Entertainment, Harrah's, Hooters, Lawrence Ho, Macau, Melco Crown Entertainment, Regulation, Sheldon Adelson, Steve Wynn, Tamares Group, The Strip, Tourism, Wall Street | 2 Comments

Quote of the Day

Posted on October 4, 2011 by David McKee

“Ferries don’t come to Macao during a typhoon but they don’t leave either.” — Deutsche Bank gaming analyst Carlo Santarelli, endeavoring to calm investor fears of “a broader slowdown in China” — anxieties that have driven MGM Resorts International, Las … Continue reading →

Posted in Economy, James Packer, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off on Quote of the Day

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 on G2E 2011: No big deal?

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 on How to get things done in Macao? Bribery!

Lost: Steve Wynn’s marbles

Posted on July 21, 2011 by David McKee

Oh Christ, Steve Wynn, grow up already. Busy Wall Street analysts were held hostage to a 433-word talk-radio tirade while they were probably itching to write up quarterly earnings reports. When other CEOs might have been bragging on an “amazing … Continue reading →

Posted in Alabama, Boyd Gaming, California, Carl Icahn, CityCenter, Economy, Florida, Fontainebleau, Harrah's, James Packer, Lawrence Ho, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Texas, The Strip, Tourism | 5 Comments

Illinois: Optimism or suicide?

Posted on June 24, 2011 by David McKee

It doesn’t matter to state Rep. Lou Lang (D, right) that Illinois‘ casino revenues are puny compared to those of neighboring Indiana or that St. Louis-area players are defecting in droves. He wants racinos and more casinos, by golly, and … Continue reading →

Posted in Architecture, Boyd Gaming, Current, Economy, Entertainment, Harrah's, Illinois, Indiana, Internet gambling, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Missouri, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Taxes, Texas, Tribal | 2 Comments

Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

Posted on June 16, 2011 by David McKee

For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading →

Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street | Comments Off on Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

Loveman: Norton, you’re not the greatest; Another seesaw in Macao

Posted on June 3, 2011 by David McKee

Caesars Entertainment Chief Marketing Officer David Norton, developer of Total Rewards, got his walking papers yesterday. The old “pursuing other interests” excuse was deployed; familiar industry code for “Don’t let the doorknob hit you on the way out.” Publicly, CEO … Continue reading →

Posted in Ameristar, Current, Economy, Harrah's, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Penn National, Pinnacle Entertainment, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn | 1 Comment

The doctor will see you now

Posted on May 13, 2011 by David McKee

Although stock blogger Frank Curzio seems to be talking out of one of his lower orifices, his musings are too bizarre not to repeat. He floats the notion that Apple is so flush with cash it might entertain some retail … Continue reading →

Posted in Economy, Harrah's, International, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street | Comments Off on The doctor will see you now

Low-rolling at Aria; MGM ups China ante; That doggone Desert Xpress

Posted on April 14, 2011 by David McKee

A SoCal-based player kindly shared this image from the latest Aria/M life offer: My friend ran an experienced eye over the chips on the rail and concluded that it “must be the lowest-minimum craps table Aria has ever seen,” as … Continue reading →

Posted in Atlantic City, California, Cantor Gaming, CityCenter, Current, Harry Reid, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Movies, Pansy Ho, Problem gambling, Regulation, Stanley Ho, Technology, The Strip, Transportation, Wall Street | Comments Off on Low-rolling at Aria; MGM ups China ante; That doggone Desert Xpress

Las Vegas Sands: Who’s minding the store?

Posted on February 15, 2011 by David McKee

Investors would do well to ask that, not least because of CEO Sheldon Adelson‘s attitude of, ‘The buck stops here … except when it doesn’t.’ To hear Adelson tell it, everything that goes awry at Las Vegas Sands and Sands … Continue reading →

Posted in Cirque du Soleil, Current, Genting, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Politics, Regulation, Sheldon Adelson, Singapore, Sports, Stanley Ho, Station Casinos, Steve Wynn, Technology, The Mob, Tourism, Wall Street | Comments Off on Las Vegas Sands: Who’s minding the store?

The Four Families of Stanley Ho

Posted on January 31, 2011 by David McKee

It’s Monday, which means that Stanley Ho either is or isn’t suing the wife and children who tried to wrest control of his financial empire last week. (Or he’s still telling each side what it wants to hear.) The tug … Continue reading →

Posted in Current, International, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Stanley Ho | 1 Comment

The decline and fall of Stanley Ho

Posted on January 27, 2011 by David McKee

As predictable as the sunrise, today’s headlines brought yet another reversal in the Stanley Ho vs. His Wives & Kids saga, “an ugly and Byzantine family squabble” that is also driving down the value of Sociedade de Jogos de Macau … Continue reading →

Posted in Current, International, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Stanley Ho | 2 Comments

Stanley Ho abdicates

Posted on January 26, 2011 by David McKee

So this is how Stanley Ho‘s world ends: Not with a bang but with the ancient casino vizier giving a televised address in which he laboriously delivered lines from a cue card and ceded control of his Sociedade de Turismo … Continue reading →

Posted in Charity, Current, G2E, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn | 1 Comment

Dude, who stole my casinos?

Posted on January 25, 2011 by David McKee

Update: In yet another reversal, Stanley Ho says he has sacked his attorney and that the brouhaha over his stock is all a big misunderstanding. Stay tuned for further developments in what’s already a rapidly morphing narrative. Yesterday, aging (and … Continue reading →

Posted in Cosmopolitan, Current, Harrah's, International, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Problem gambling, Regulation, Stanley Ho, The Strip, Wall Street | 1 Comment

Sheldon’s Chinese box

Posted on December 24, 2010 by David McKee

Sheldon Adelson must have been a good boy this year. Santa left an extra present under his tree, in the form of probable approval by the Macau Land, Public Works & Transportation Bureau of apartment sales at 286-unit Four Seasons … Continue reading →

Posted in Current, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Stanley Ho, Wall Street | Comments Off on Sheldon’s Chinese box

Macao smacks down Adelson

Posted on December 2, 2010 by David McKee

So the Chinese government was just bluffing, huh? Talk about taking land back was merely political posturing, was it? Once again, Wall Street and hubristic casino barons alike have been given a sharp reminder just who’s calling the shots over … Continue reading →

Posted in Current, Economy, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Wall Street | 1 Comment

G2E bargain at Station; analysts split on Sands

Posted on November 8, 2010 by David McKee

If you’re looking for an affordable room in Las Vegas during Global Gaming Expo, try Expedia‘s German site (“.de”). A European-based S&G source reports finding rooms at Boulder Station going for €57 and Fiesta Rancho asking €59 — or $79 … Continue reading →

Posted in Current, Economy, Florida, G2E, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pennsylvania, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Texas, The Strip, Tourism, Wall Street | 3 Comments