Category Archives: Louisiana

Caught between a skank and a Hard Rock; Kasich vs. casinos

Posted on April 11, 2011 by David McKee

Morgans Hotel Group may have skedaddled out of Las Vegas, tail firmly between legs, but it’s not free of trouble linked to its calamitous Sin City sojourn. During Morgans stewardship of the Hard Rock Hotel & Casino, it offered $300,000 … Continue reading →

Posted in Cirque du Soleil, CityCenter, Economy, Entertainment, Florida, Harrah's, Illinois, Indiana, International, Internet gambling, Iowa, Louisiana, MGM Mirage, Morgans Hotel Group, Ohio, Penn National, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Uncategorized | 2 Comments

Gimme, Gimme, Gimme

Posted on March 23, 2011 by David McKee

… some money after midnight: Evidently it’s not enough that gaming revenues and other casino-related retail taxes underwrite the State of Nevada. Lawmakers would extend a grubby mitt into the casino kitty and scoop up any unclaimed moolah. “[W]hy does … Continue reading →

Posted in ABBA, Cretins, Current, Donald Trump, Economy, Election, Horseracing, Louisiana, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Texas, TV, Wall Street | Comments Off on Gimme, Gimme, Gimme

Wynn hearts Pinnacle; Harrah’s demands aesthetic restraint

Posted on March 9, 2011 by David McKee

Now that former Mirage Resorts CFO Dan Lee is long gone from Pinnacle Entertainment, too, former Lee boss Steve Wynn seems to have changed his opinion about Pinnacle. While I (erroneously) thought that Pinnacle CEO Anthony Sanfilippo‘s erstwhile ties to … Continue reading →

Posted in Architecture, Atlantic City, Current, Dan Lee, Harrah's, Indiana, Internet gambling, Isle of Capri, Louisiana, Marketing, Missouri, Penn National, Pinnacle Entertainment, Planet Hollywood, Regulation, Steve Wynn, The Strip, Tourism, Wall Street | 1 Comment

Wynncore sells itself short

Posted on March 4, 2011 by David McKee

While I wouldn’t go so far as to call it a substitute for Mardi Gras, the “Jazz Brunch” at Country Club Grill is as tasty as they would have you believe … and quite a lot better than it comes … Continue reading →

Posted in Current, Dining, Louisiana, Marketing, Steve Wynn, The Strip | 2 Comments

Idiocy Express

Posted on March 4, 2011 by David McKee

George F. Will is an @$$. I say this because he claims to intuit that my desire to travel to and from Las Vegas by rail is motivated by a desire to make my fellow Americans “more amenable to collectivism.” … Continue reading →

Posted in California, Cretins, Current, Louisiana, The Strip, Transportation | 6 Comments

Dan Lee’s revenge & comeuppance for Penn in Louisiana

Posted on February 17, 2011 by David McKee

While the casino industry suffers no shortage of big egos, Penn National Gaming CEO Peter Carlino zooms past that, heading full speed toward arrogance. When not trying to use the political process to sandbag its competitors, Penn occasionally builds casinos. … Continue reading →

Posted in Atlantic City, Current, Dan Lee, Economy, Kansas, Louisiana, M Resort, Missouri, Ohio, Penn National, Pinnacle Entertainment, Regulation, Texas, Wall Street | 9 Comments

Caesars too good for Cincy

Posted on February 11, 2011 by David McKee

Congratulations, Cincinnati, you’re getting a Horshoe-branded casino. Yup, the relatively low-key casino planned for the Queen City’s historic district is getting the most down-market of the company’s three brands. This despite the fact that there’s already a Horseshoe casino just … Continue reading →

Posted in Atlantic City, Current, Economy, Harrah's, Indiana, International, Louisiana, Marketing, Neil Bluhm, Pennsylvania, Racinos | 15 Comments

Another one bites the dust

Posted on January 25, 2011 by David McKee

Whoever gets the three resort casinos that Gov. Deval Patrick (D) wants to bring to Massachusetts, it probably won’t be Fall River and it certainly won’t be the Mashpee Wampanoags. The city has pulled a controversial land deal with the … Continue reading →

Posted in Charity, CityCenter, Cosmopolitan, Current, Economy, Harrah's, International, Louisiana, Massachusetts, Pinnacle Entertainment, Politics, Regulation, South Carolina, The Strip, Tribal | 3 Comments

Quote of the Day

Posted on December 30, 2010 by David McKee

“I am not allowed to mail a lottery ticket from my home in Encino to a friend in Las Vegas, because federal law does not want the good people of Nevada hearing about the evils of California‘s legal gambling.” — … Continue reading →

Posted in California, history, Louisiana, Regulation | Comments Off on Quote of the Day

NLRB deals Wynn a rebuke; The twilight of Stanley Ho

Posted on December 17, 2010 by David McKee

Steve Wynn has enjoyed so many victories in his long-running battle with his casino dealers that he was perhaps overdue for a loss. It came yesterday when the National Labor Relations Board ruled that Wynn Resorts had engaged in retaliation … Continue reading →

Posted in Charity, Current, Election, Iowa, Kansas, Louisiana, Macau, Movies, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism, Tribal | 1 Comment

They’re just wild about Harry

Posted on December 3, 2010 by David McKee

An Alexandra Berzon byline in the Wall Street Journal, picked up by Politico.com (and forwarded to S&G by reader Hpark4) makes it implicitly clear why the casino industry’s Job One during the recent election cycle was to keep Sen. Harry … Continue reading →

Posted in Current, Harrah's, Harry Reid, Internet gambling, Louisiana, Planet Hollywood, Politics, Reno, Steve Wynn, World Series of Poker | 1 Comment

Harrah’s Lousiana Purchase?

Posted on November 8, 2010 by David McKee

According to an S&G source, Harrah’s Entertainment — soon to be Caesars Entertainment — is supposedly laying the groundwork for a purchase of L’Auberge du Lac from Pinnacle Entertainment. Harrah’s CEO Gary Loveman was supposedly on-property last month and L’Auberge’s … Continue reading →

Posted in Atlantic City, Current, Harrah's, Louisiana, Mississippi, Pinnacle Entertainment, The Strip, Wall Street | 2 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

The whales of August

Posted on October 8, 2010 by David McKee

Nevada had another big casino bounce — $944.5 million, its largest since February’s $947 million. However, some of the positive auguries are real and some are misleading. To get the big one out of the way, Strip slot revenues were … Continue reading →

Posted in Boulder Strip, Current, Economy, Harrah's, Kansas, Lake Tahoe, Laughlin, Louisiana, North Las Vegas, Regulation, Reno, The Strip, Tourism, Vdara Death Ray, Wall Street | 2 Comments

No (M)irage this time: Penn enters Vegas

Posted on October 8, 2010 by David McKee

They’ve been busy little beavers at Penn National Gaming, which is — would you believe it? — now the third-largest operator in the U.S. Never mind that Penn bought a horse track in Ohio, on top of building two casinos … Continue reading →

Posted in Atlantic City, Carl Icahn, Current, Donald Trump, Fontainebleau, Harry Reid, Louisiana, M Resort, Marketing, Maryland, MGM Mirage, Ohio, Penn National, Pennsylvania, Station Casinos, Steve Wynn, Texas, Wall Street, West Virginia | 7 Comments

Ameristar’s altruism … and so much more

Posted on October 6, 2010 by David McKee

Gaming regulators in Missouri got a little unsolicited advice from Ameristar Casinos as to where to put Casino License #13. Ameristar Vice President of Government Relations & Public Affairs Troy Stremming commissioned a study on the matter. Its shocking conclusion: … Continue reading →

Posted in Ameristar, Arizona, Atlantic City, Boyd Gaming, California, Colony Capital, Cretins, Current, Dennis Gomes, Economy, Genting, Harrah's, Horseracing, Isle of Capri, Louisiana, Macau, Marketing, MGM Mirage, Missouri, New York, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tourism, Tribal, TV, West Virginia | 5 Comments

Jump le sharque: Cirque bombs in Macao

Posted on September 28, 2010 by David McKee

After sinking a reported $150 million into Cirque du Soleil‘s Zaia, Las Vegas Sands may find itself in possession of a very expensive “loss leader.” According to The Australian, “attendances [sic] have been poor and tickets have been heavily discounted.” … Continue reading →

Posted in Atlantic City, Cirque du Soleil, Current, Detroit, Economy, Entertainment, International, James Packer, Lawrence Ho, Louisiana, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Pennsylvania, Sheldon Adelson, Steve Wynn, Tourism, Wall Street | Comments Off on Jump le sharque: Cirque bombs in Macao

Louisiana treads (oily) water

Posted on July 20, 2010 by David McKee

It’s a rare day when one can report that a casino market was down year/year but did better than expected. If you were looking for serious Deepwater Horizon spillover into June’s casino numbers, you’d be surprised. Statewide, casinos were -4.5% … Continue reading →

Posted in Ameristar, Boyd Gaming, Current, Dining, Economy, Environment, Harrah's, Harry Reid, Louisiana, M Resort, MGM Mirage, Penn National, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip, Wall Street | Comments Off on Louisiana treads (oily) water

Margaritaville on the rocks

Posted on July 15, 2010 by David McKee

Long-serving — and long-suffering — Biloxi Mayor A.J. Holloway has lost patience with Harrah’s Entertainment. He is convinced that the metamorphosis of Grand Casino Biloxi into Margaritaville Casino is kaput and that Harrah’s will tear down what little it has … Continue reading →

Posted in Ameristar, Animals, Archon Corp., Atlantic City, Boyd Gaming, Carl Icahn, Charity, Current, Donald Trump, Economy, Encore, Environment, Fontainebleau, George Maloof, Harrah's, Holy Cow, Indiana, International, Louisiana, MGM Mirage, Mississippi, Movies, Pennsylvania, Pets, Phil Ruffin, Planet Hollywood, Plaza, Riviera, Sahara, Sports, Steve Wynn, The Strip, Tourism, TV, Wall Street | 5 Comments

Louisiana: the oil hits the fan

Posted on June 15, 2010 by David McKee

Forty days and nights of Deepwater Horizon put a stop to what looked like an incipient recovery in the Louisiana market. After being down 15% in January, revenue declines shallowed during the following three months (-6%, -5%, -1%). Then came … Continue reading →

Posted in Boyd Gaming, Current, Economy, Environment, Harrah's, Louisiana, Pinnacle Entertainment, Tourism | 3 Comments