Category Archives: Lucky Dragon

What the Lucky Dragon means; National Harbor lifts all boats

Posted on December 9, 2016 by David McKee

The good Dr. David G. Schwartz ponders the significance of Lucky Dragon Casino and begins with one salient milestone: “Lucky Dragon is the first genuinely new property to open in the tourist corridor since The Cosmopolitan six years ago.” That’s … Continue reading →

Posted in Architecture, Cosmopolitan, Donald Trump, Genting, Harrah's, history, Internet gambling, Japan, Lucky Dragon, Marketing, Maryland, MGM Mirage, Nevada, Politics, Problem gambling, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism, Wall Street | Comments Off

Pennsylvania gets a second look; Tioga Downs debuts new casino

Posted on December 6, 2016 by David McKee

Funny that we should have been discussing Pennsylvania yesterday. Fitch Ratings analyst Alex Bumazhny made a field trip to Philadelphia and Bethlehem, and came away impressed by the $164 million expansion of SugarHouse. He concluded that its new features, which … Continue reading →

Posted in Cordish Co., Economy, Harrah's, Horseracing, Lucky Dragon, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Neil Bluhm, New York, Penn National, Pennsylvania, Racinos, Singapore, Stanley Ho, Taxes, The Strip, Wall Street | 1 Comment

Strip booms in October; Trouble in Tiverton

Posted on November 29, 2016 by David McKee

Not even a 16.5% decline in table wagers could hold back the Las Vegas Strip last month, as gaming revenues shot up 14%, to $563 million. Statewide, casinos didn’t do so badly either, up 11%. The one-armed bandits on the … Continue reading →

Posted in Boulder Strip, Downtown, Economy, Foxwoods, history, Iowa, Japan, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Massachusetts, Mesquite, Mohegan Sun, Nevada, North Las Vegas, Penn National, Rhode Island, Taxes, The Strip | 1 Comment

Ducey: Let’s make a deal; Trump = legal sports betting?

Posted on November 22, 2016 by David McKee

It looks like the State of Arizona may be ready to throw in the towel in its losing fight against the Tohono O’odham Nation over its Desert Diamond casino. Gov. Doug Ducey (R) has inked a new compact with 10 … Continue reading →

Posted in Aristocrat, Arizona, Boulder Strip, Donald Trump, Geoff Freeman, IGT, Lucky Dragon, Marketing, Politics, Regulation, SLS Las Vegas, The Strip, Tourism, Tribal | Comments Off

(Pot) Smoke gets in their eyes; Enter the Lucky Dragon

Posted on November 21, 2016 by David McKee

Just say “No.” That’s what Nevada gaming regulators are advising casinos who might be tempted to take advantage of the new legality of recreational marijuana in the Silver State. Bowing to federal law, the Nevada Gaming Control Board and Nevada … Continue reading →

Posted in Colorado, Cordish Co., Downtown, Environment, Geoff Freeman, Internet gambling, Lucky Dragon, Maryland, MGM Mirage, Nevada, Regulation, Sports, The Strip, Tourism | Comments Off

Judge to Caesars: Get naked; Bite the wax tadpole

Posted on September 16, 2016 by David McKee

“These folks are going to have to pony up the paper,” said U.S. Bankruptcy Court Judge Benjamin Goldgar, stripping the fig leaf from Caesars Entertainment owners Marc Rowan, David Bonderman and others. They’ll have to reveal details of their personal … Continue reading →

Posted in Dining, Economy, Georgia, Harrah's, International, Lucky Dragon, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, Transportation, Wall Street | Comments Off

Boulder Station goes union; Neon Museum sets records

Posted on September 7, 2016 by David McKee

Having finally bowed to management’s stipulation of a secret ballot election, as opposed to a card check, the Culinary Union can belatedly claim a victory in its long-running war with Station Casinos. Employees at Boulder Station, under the oversight of … Continue reading →

Posted in Architecture, Boyd Gaming, California, Charity, Cordish Co., Culinary Union, Downtown, history, Lucky Dragon, Marketing, Maryland, MGM Mirage, North Las Vegas, Palms, Regulation, Station Casinos, Tribal | 1 Comment

Wynn subtracting one golf course, adding another?; Resorts World Las Vegas postponed again

Posted on August 30, 2016 by David McKee

Although Steve Wynn remains bent upon tearing out Wynn Golf Club on the Strip — in favor of Wynn Paradise Park one day, an NFL stadium the next — he may be planning one for Wynn Boston Harbor. At least … Continue reading →

Posted in Atlantic City, Economy, Election, Entertainment, Genting, Lucky Dragon, Macau, Massachusetts, Mississippi, New York, SLS Las Vegas, Steve Wynn, The Strip | 2 Comments

Lucky Dragon gets another step ahead; ETGs a hit at Sands Bethlehem

Posted on August 25, 2016 by David McKee

Lucky Dragon Casino is speeding to completion while Resorts Las Vegas and Alon can’t get out of the starting blocks. (Resorts World did Tweet that it had finished paving its parking garage, making it Las Vegas‘ most high-budgeted place to put … Continue reading →

Posted in Affinity Gaming, Dining, Florida, Genting, Harrah's, International, Internet gambling, Lucky Dragon, Marketing, Nevada, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, Tourism, Tribal | 2 Comments

Station trumps stadium selection

Posted on July 8, 2016 by David McKee

Station Casinos has vaulted to the forefront of the parties vying to host an NFL-size stadium on their property. While Station’s vast real estate bank has long been viewed as the ace up its sleeve, the company has had difficulty … Continue reading →

Posted in Architecture, Lucky Dragon, MGM Mirage, Riviera, Sheldon Adelson, SLS Las Vegas, Sports, Station Casinos, The Strip, Transportation | Comments Off

Lucky Dragon forges ahead; Calm urged in Macao

Posted on May 31, 2016 by David McKee

By this point, it’s hardly news that Lucky Dragon Casino is on track to open in December, breathing some additional life into the north Strip (we hope). However, Lucky Dragon execs continue to argue that they should have received tax-increment … Continue reading →

Posted in Economy, International, Lucky Dragon, Macau, Marketing, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism | Comments Off

Top Golf’s impressive debut; Lucky Dragon’s calculated risk

Posted on May 18, 2016 by David McKee

“My only problem is A.D.D.” read the T-shirt of one of the celebrants at last night’s opening of Top Golf, on the MGM Grand campus. He was certainly in the right place. If you are serious about honing your skills, … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Entertainment, Foxwoods, G2E, Geoff Freeman, Illinois, Internet gambling, Law enforcement, Lucky Dragon, Macau, Marketing, MGM Mirage, Mohegan Sun, Pennsylvania, Philippines, Regulation, Sheldon Adelson, SLS Las Vegas, Sports, Station Casinos, Technology, The Strip | Comments Off

Weidner headed to Vietnam?; Nazarian on the rebound

Posted on May 13, 2016 by David McKee

William Weidner hasn’t finished Lucky Dragon Casino yet and he’s already flashing some leg at the Vietnamese government (or so it appears), seeking a $4 billion casino megaresort in Ho Chi Minh City (to most us, Saigon). Financing Lucky Dragon … Continue reading →

Posted in Architecture, Boyd Gaming, Hard Rock Hotel, International, Lucky Dragon, Macau, Marketing, Morgans Hotel Group, Palms, Regulation, Sam Nazarian, Station Casinos, Wall Street | Comments Off

MGM wows Wall Street; Lucky Dragon clears major hurdle

Posted on May 6, 2016 by David McKee

Stock analysts were expecting MGM Resorts International to report 1Q16 cash flow of $590 million but the lion overshot projections, bringing in the sheaves to the tune of $618 million. JP Morgan analyst Joseph Greff credited much of the success … Continue reading →

Posted in Cirque du Soleil, CityCenter, Detroit, Entertainment, James Packer, Lucky Dragon, LVCVA, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Sheldon Adelson, SLS Las Vegas, Steve Wynn, The Strip, Wall Street | Comments Off

Wynn, Walsh make peace; Borgata ups the ante

Posted on January 28, 2016 by David McKee

In the end, it was all about the money. In return for an extra $400,000 per year for the next 15 years, plus reimbursement of $750,000 in legal fees, Boston Mayor Martin Walsh dropped his efforts to block Wynn Everett. “We fought … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Lucky Dragon, Massachusetts, MGM Mirage, Station Casinos, Steve Wynn, Taxes, The Strip, Wall Street | Comments Off

Runaway costs in Springfield; Lucky Dragon not so lucky

Posted on November 20, 2015 by David McKee

MGM Springfield is turning into the worst of both worlds. Not only has the ‘wow’ factor been subtracted (“really the least interesting part of our project,” one exec contended), with the result that the casino-hotel looks more like a bank … Continue reading →

Posted in Architecture, California, Culinary Union, Downtown, Entertainment, Lucky Dragon, Massachusetts, MGM Mirage, Regulation, Taxes, Transportation | Comments Off

Up and down the Strip

Posted on November 17, 2015 by David McKee

SLS Las Vegas is finally doing better, if by “doing better” you mean losing only $39 million in a full 3Q15 as opposed to the $46 million lost in the truncated (five-week) 3Q14. Stockbridge Capital Partners continues to have to … Continue reading →

Posted in Architecture, Cosmopolitan, Derek Stevens, Downtown, Economy, Fontainebleau, Genting, Harrah's, James Packer, Lucky Dragon, LVCVA, Marketing, MGM Mirage, Riviera, Sam Nazarian, Sheldon Adelson, SLS Las Vegas, Tamares Group, Taxes, The Strip, Wall Street | 2 Comments

China is the watchword; Atlantic City rebounds

Posted on September 16, 2015 by David McKee

Builders of $135 million Lucky Dragon Casino, across Sahara Avenue from the former Circus Circus RV park, are fast-tracking the project for a mid-2016 opening. Financed with EB-5 visa contributions, Lucky Dragon hopes to be a one-stop shop for Chinese players … Continue reading →

Posted in Animals, Atlantic City, Culinary Union, Dining, Election, Lucky Dragon, Macau, Regulation, Sheldon Adelson, SLS Las Vegas, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street | Comments Off