Category Archives: Lucky Dragon

Sheldon: “No money for you!”; Newton manse for sale (again)

Posted on August 27, 2020 by David McKee

So the leopard really can’t change its spots. According to court documents, liens have been filed against the MSG Sphere at Venelazzo. The $1.65 billion project is being sued over $3 million in supposedly unpaid bills. Reported the Las Vegas … Continue reading →

Posted in Colorado, Dining, Diversity, Health, Lucky Dragon, LVCVA, Massachusetts, Real Estate, Regulation, Sheldon Adelson, Sports, Sports betting, Tamares Group, The Strip, Transportation, Wayne F. Newton, Wynn Resorts | 2 Comments

When Saharas attack; Trump blasts Adelson

Posted on August 10, 2020 by David McKee

Don’t get on Sahara owner Alex Meruelo‘s bad side. That seems to be the moral of a saga unfolding on the Las Vegas Strip. VitalVegas author Scott Roeben is being sued for $15,000 in lost business, punitive damages, attorneys’ fees … Continue reading →

Posted in Alex Meruelo, Donald Trump, Health, Lucky Dragon, MGM Resorts International, Politics, Sahara, Sheldon Adelson, Transportation | 3 Comments

Maryland rebounds; Penn wows Wall Street; Trump to play Lucky Dragon

Posted on August 6, 2020 by David McKee

In a near-miraculous development, Maryland gambling revenues were only 6% off the pace last month. Between cabin fever and the belated delivery of those $1,200 stimulus checks, we’re not entirely surprised that Free State punters had both the desire and … Continue reading →

Posted in Alabama, Arizona, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Donald Trump, Election, Florida, Georgia, Golden Gaming, Health, Internet gambling, Lotteries, Lucky Dragon, Maryland, MGM Resorts International, Mississippi, Nevada, New Mexico, New York, North Carolina, Penn National, Pennsylvania, Racinos, Sports, Sports betting, Texas, The Strip, Tilman Fertitta, Tribal, TV, Wall Street, West Virginia | 2 Comments

Slick Rick cries foul; Re-enter the (former) Dragon

Posted on February 12, 2020 by David McKee

Everybody’s favorite rogue gaming operator, Rick Heidner, is suing the Illinois Gaming Board for an alleged data breach. Heidner charges that “their personal and sensitive financial information was intentionally and illegally leaked by an IGB employee … resulting in significant financial … Continue reading →

Posted in Culinary Union, Donald Trump, Downtown, Election, Health, Illinois, Lucky Dragon, Nevada, Regulation, Scientific Games, Transportation | Comments Off

“The fix is in”; MGM’s youth movement

Posted on February 10, 2020 by David McKee

Hard Rock International CEO Jim Allen is trying to have it both ways in Greece, saying that Mohegan Gaming & Entertainment hasn’t been awarded the Hellenikon casino concession but that “the fix is in.” Well, is it or isn’t it? … Continue reading →

Posted in Atlantic City, Australia, Boyd Gaming, Canada, Crown Resorts, Diversity, DraftKings, Economy, Hard Rock International, Health, International, Japan, Las Vegas Sands, Lawrence Ho, Lucky Dragon, Macau, MGM Resorts International, Mohegan Sun, Money laundering, Movies, Ocean Resort, Pennsylvania, PokerStars, Singapore, Sports betting, The Strip, Twin River, Wall Street, Wynn Resorts | 1 Comment

End-of-Year Case Bets

Posted on December 30, 2019 by David McKee

In a retrospective mood, the American Gaming Association has chosen the top eight gaming stories of the past year, ranked here in descending order. They are: The Caesars Entertainment takeover by Eldorado Resorts. ‘Nuff said. Allegations that Encore Boston Harbor is … Continue reading →

Posted in Caesars Entertainment, California, Canada, Carl Icahn, Donald Trump, Eldorado Resorts, Election, Harrah's, Japan, Lake Tahoe, Las Vegas Raiders, Law enforcement, Louisiana, Lucky Dragon, Maryland, Massachusetts, MGM Resorts International, Mississippi, Money laundering, Oklahoma, Problem gambling, Resort fees, Sports, Sports betting, The Strip, Tribal, Wynn Resorts | 1 Comment

Resorts World postponed (again); Drugs-for-points scandal settled

Posted on November 22, 2019 by David McKee

Guess what? Tortoise-powered Resorts World Las Vegas has been hit with another construction delay. (Shocking. Absolutely shocking.) It’s getting pushed back all the way into summer of 2021, a half-year delay. Sometimes one thinks it will be a miracle if … Continue reading →

Posted in Cosmopolitan, Dining, Genting, Japan, Lake Las Vegas, Las Vegas Sands, Law enforcement, Lucky Dragon, Macau, MGM Resorts International, Palms, Pansy Ho, Resorts World LV, South Dakota, The Strip, Wall Street | 1 Comment

Harrah’s wants its money back; Lucky Dragon investors grumble

Posted on May 22, 2019 by David McKee

They’ve got brass balls at Harrah’s New Orleans. Not only do they want an early extension of their terra forma monopoly, which expires in 2024, they want a big-ass tax rebate to go with it. At stake is a 2001 … Continue reading →

Posted in Caesars Entertainment, Dining, Donald Trump, Economy, Louisiana, Lucky Dragon, Midnight Jim Gibbons, Nevada, Regulation, Reno, Resort fees, Taxes | Comments Off

Maddox’s mess; Big Gaming gets image-conscious

Posted on May 20, 2019 by David McKee

“Boston is not up for sale. I like that market. I found the land. I pursued that deal. I entered the agreement with the host community five years ago. I liked that market then. I like that market today.” So … Continue reading →

Posted in Lucky Dragon, Marijuana, Massachusetts, MGM Resorts International, Nevada, Penn National, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wynn Resorts | 1 Comment

Re-enter the Dragon

Posted on April 23, 2019 by David McKee

Yes, the Lucky Dragon will be coming back, albeit under a new name. Construction magnate Don Ahern has made a $36 million purchase of the luckless casino, which still carries another $50 million in debt. (Hence the bargain price.) Ahern … Continue reading →

Posted in Animals, Caesars Entertainment, Derek Stevens, Downtown, Lucky Dragon, MGM Resorts International, Pets, Sports betting, Tamares Group, The Strip, TV | 1 Comment

Circa rustles up $$; Wynn slammed

Posted on April 3, 2019 by David McKee

Despite some distant jingoism in the halls of Congress, Derek Stevens in still putting his money—so to speak—on EB-5 investors. This Web site opens with a slide show of a soon-to-be Downtown icon, Circa, followed by the copy, “We have chosen … Continue reading →

Posted in Derek Stevens, Downtown, Lucky Dragon, Massachusetts, MGM Resorts International, Movies, Regulation, Rhode Island, Sexual misconduct, SLS Las Vegas, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Wall Street, Wynn Resorts | Comments Off

18 Fremont’s cover blown; Resorts World LV delayed yet again

Posted on December 10, 2018 by David McKee

Last week, Ryan Hess stole Derek Stevens‘ thunder, posting a stunning rendering for 18 Fremont on Twitter and linking to an EB-5 visa Web page that included more sexy pictures — six swimming pools — of the Stevens brothers’ upcoming … Continue reading →

Posted in Affinity Gaming, Ameristar, Architecture, Boyd Gaming, Caesars Entertainment, Dan Gilbert, Derek Stevens, Dining, Downtown, Eldorado Resorts, Full House Resorts, Genting, Indiana, International, Isle of Capri, Lucky Dragon, LVCVA, Majestic Star, Missouri, Ohio, Penn National, Steven Witkoff, The Strip, Tribal, Wall Street, Wynn Resorts | 1 Comment

Promising horizon for Penn; Frissora exiting Caesars

Posted on November 2, 2018 by David McKee

Penn National Gaming came in from 3Q18 below Wall Street‘s expectations but JP Morgan analyst Joseph Greff defends the company, citing high expectations of free cash flow in 2019 (12%) and 2020 (20%), even after capex reinvestments. The addition of … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Illinois, Lucky Dragon, Macau, Marketing, Massachusetts, Mississippi, Ohio, Pennsylvania, Sports betting, Tilman Fertitta, Wall Street, West Virginia | Comments Off

No love for Lucky Dragon

Posted on November 1, 2018 by David McKee

What if they sold a casino and nobody bid? That was the unenviable fate of Lucky Dragon Casino at bankruptcy auction. No one wants the jinxed property, leaving it in the frigid hands of principal lender Snow Covered Capital. Thus … Continue reading →

Posted in Alex Meruelo, Boyd Gaming, Caesars Entertainment, Environment, Genting, Indiana, Lucky Dragon, Majestic Star, Marketing, Sheldon Adelson, Singapore, SLS Las Vegas, Station Casinos, Tropicana Entertainment | 3 Comments

Hard Rock A.C. changes bosses; Westworld, the casino

Posted on October 3, 2018 by David McKee

It was our impression that Hard Rock Atlantic City was firing on all cylinders. Imagine our surprise to read that prexy Matt Harkness (pictured) was out and veteran Joe Lupo had taken his place. Harkness came to Hard Rock from … Continue reading →

Posted in Atlantic City, Culinary Union, Hard Rock International, Idaho, International, Internet gambling, Japan, Law enforcement, Lucky Dragon, MGM Resorts International, Philippines, Regulation, Technology, Tribal | 1 Comment

FanDuel goes “George”; So long, Lucky Dragon

Posted on September 24, 2018 by David McKee

While the week is young, it hardly seems premature to hail FanDuel as our “George of the Week” after it agreed to honor erroneously generated 750-1 odds on the outcome of yesterday’s Denver Broncos/Oakland Raiders tilt. (Hey, Las Vegas, how … Continue reading →

Posted in Lucky Dragon, Marketing, New Jersey, Resort fees, Sports, Sports betting | Comments Off

Playing the Trump card; Manilow renewed

Posted on August 22, 2018 by David McKee

In his latest newsletter, gaming-law expert I. Nelson Rose looks at the impact, real and potential, of retaliatory tariffs on playing cards. Canada and the European Union have imposed 10% import levies on playing cards from the United States, though … Continue reading →

Posted in Donald Trump, Economy, Entertainment, Greenwood Racing, International, Kentucky, Las Vegas Sands, Lucky Dragon, Macau, New Jersey, Ohio, Paragon Gaming, Pennsylvania, Politics, Sports betting, The Crown 18, The Strip, Westgate LV | Comments Off

How much for a used Dragon?; Indiana good, Missouri ‘meh’

Posted on May 10, 2018 by David McKee

Believe it or not, there is “a lot of interest in the property at this time” according to Lucky Dragon Casino owner Andrew Fonfa, a contention independently verified by the Las Vegas Review-Journal. That being said, a Lucky Dragon sale is … Continue reading →

Posted in Affinity Gaming, Ameristar, Architecture, Boyd Gaming, Centaur Gaming, Eldorado Resorts, Environment, Full House Resorts, GLPI, Harrah's, Horseracing, IGT, Indiana, Isle of Capri, Lucky Dragon, Majestic Star, Missouri, Penn National, Pinnacle Entertainment, Racinos, Taxes, The Strip, Tribal, Wall Street, Wisconsin | Comments Off

Park MGM to eclipse Bellagio?; Cleveland does not rock

Posted on May 9, 2018 by David McKee

Park MGM isn’t even open yet and Bloomberg has already drunk its bathwater. Think I’m exaggerating? A fluff piece declares that the casino-in-progress will “steal attention from MGM’s highest-end hotel, the Bellagio, as well as the most recent hotel to … Continue reading →

Posted in Architecture, CityCenter, Cosmopolitan, Dan Gilbert, Dining, history, Law enforcement, Lucky Dragon, Massachusetts, MGM Mirage, Ohio, Steve Wynn, Technology, The Strip, Wynn Resorts | 1 Comment

Strip weak, locals strong, Reno supercharged; Stanley Ho’s empire crumbles

Posted on February 28, 2018 by David McKee

January got the Las Vegas Strip off to a less-than auspicious start, with revenues dropping 9% from 2017. Locals casinos, meanwhile, were living it up, as revenue rose 8%, thanks in part to New Year’s Eve weekend slot drop being … Continue reading →

Posted in Arkansas, Boulder Strip, Colony Capital, Columbia Sussex, Downtown, Economy, Election, Foxwoods, Galaxy Entertainment, Harrah's, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Melco Resorts & Entertainment, Mesquite, MGM Mirage, Nevada, North Las Vegas, Pennsylvania, Politics, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wall Street, Wynn Resorts | 2 Comments