Category Archives: M Resort

Adelson: I’m nice, really; Casinos go to pot

Posted on May 6, 2014 by David McKee

Three hundred people turned out yesterday at UNLV to hear Sheldon Adelson hold a rap session with the kids about the evils of online gambling. Adelson’s animus, it turns out, was his father’s propensity to gamble his money away at … Continue reading →

Posted in Internet gambling, Japan, M Resort, Penn National, Problem gambling, Regulation, Sheldon Adelson | Comments Off

A New York State of mind; What price corruption?

Posted on November 8, 2013 by David McKee

New York State Gov. Andrew Cuomo (D) came out of hiding to crow about the big casino victory last Tuesday. He and his allies are being credited with keeping the Proposal One campaign focused on education aid and job creation, … Continue reading →

Posted in Atlantic City, Current, Election, Foxwoods, Harrah's, International, M Resort, Mohegan Sun, New York, Penn National, Racinos | 2 Comments

Massachusetts: First one bites the dust

Posted on August 6, 2013 by David McKee

Turns out the Massachusetts Gaming Commission was damn serious about financial probity being grounds for disqualification. In a ruling on Plainridge Racecourse, it deemed that owner Ourway Realty displayed “a culture of fear and concealment pervasive in the operations,” including former … Continue reading →

Posted in Architecture, Colorado, Cordish Co., Current, Environment, M Resort, Massachusetts, Neil Bluhm, Penn National, Phil Ruffin, Regulation | 2 Comments

Goett with the wind

Posted on April 10, 2013 by David McKee

Since Colliers International hasn’t been able to move Gary Goett‘s 100 gaming-enabled acres on St. Rose Parkway and I-15, at $1.25 million per acre, he’s still got time to rethink his decision not to build his Southern Highlands megaresort (left), … Continue reading →

Posted in Architecture, Boyd Gaming, Gary Goett, M Resort, Michael Gaughan, North Las Vegas, Penn National, Station Casinos, Steve Wynn | Comments Off

Klondike, over and out

Posted on April 10, 2013 by David McKee

Although Jon Woodrum has been a minor fixture of the Las Vegas casino scene for decades, he and son Mike Woodrum are trying to cash out of the Klondike Sunset Casino for a tidy little $3.5 million. It appeared last … Continue reading →

Posted in Boulder Strip, Economy, Gary Goett, M Resort | 1 Comment

Goodbye Western, hello SLS … ?

Posted on March 22, 2013 by David McKee

Sometimes it’s better to be lucky than right: When Tamares Group made an indiscriminate splurge on downtown Las Vegas real estate in 2004, it was banking on a construction boom that never took place. It also found itself with several … Continue reading →

Posted in CityCenter, Current, Dining, Downtown, Economy, M Resort, Marketing, Maryland, Ohio, Penn National, Sahara, Sam Nazarian, Steve Wynn, Tamares Group, The Strip, Wall Street | 1 Comment

Hart’s war; Cramer lurves Adelson; Penn’s good deed

Posted on January 30, 2013 by David McKee

As the clock ticks toward a shareholder fight over International Game Technology, CEO Patti Hart tried to rally her troops with a bit of good news. IGT has inked a pact to sell 1,375 VLTs to Saskatchewan, representing one-third of … Continue reading →

Posted in Economy, IGT, Illinois, International, M Resort, Penn National, Sheldon Adelson, Slot routes, Technology, TV, Wall Street | 4 Comments

High-profile Vegas divorce

Posted on October 26, 2012 by David McKee

This just in … peripatetic chef Carla Pellegrino has just released a statement in which “announces her mutual separation from Tropicana Las Vegas,” after 19 months overseeing its Italian restaurant, Bacio. The Brazilian chef, also late of Rao’s at Caesars … Continue reading →

Posted in Alex Yemenidjian, Cantor Gaming, Current, Dining, Internet gambling, M Resort, Penn National, The Strip, TV, Wayne F. Newton | Comments Off

And Columbus makes three …

Posted on October 9, 2012 by David McKee

Fittingly, Penn National Gaming chose Columbus Day to open its newest casino, in the Ohio city that bears the name of the man who didn’t quite discover America in 1492. With 3,000 slots and 100 tables, it’s loaded for bear. … Continue reading →

Posted in Architecture, Current, Dan Gilbert, Dining, Economy, Harrah's, Indiana, M Resort, Missouri, MTR Gaming, Ohio, Penn National, Racinos, Station Casinos, Taxes, Technology, The Strip, TV, Wall Street | 3 Comments

MGM: Riding the crazy train; Rendering unto Caesars

Posted on April 25, 2012 by David McKee

If somebody loaned you a few hundred million, unsecured, you want to come to Las Vegas and lay some big wagers, right? MGM Resorts International has been there, done that. So it’s looking elsewhere to place its bets. And why … Continue reading →

Posted in Ameristar, Atlantic City, CityCenter, Donald Trump, Economy, Florida, Genting, Harrah's, International, M Resort, Massachusetts, MGM Mirage, New York, Penn National, Singapore, Taxes, The Strip, Tourism, Tribal, TV, Wall Street | 3 Comments

Worst operator of 2011; GSA’s wrong amount of wrong

Posted on April 4, 2012 by David McKee

Worst of the year? That’d be Grand Station Casino, a former Harrah’s riverboat in Vicksburg, and its owners, Delta Development & Investments. They managed to parlay a $3.25 million steal of a casino that could have gone for $35 million … Continue reading →

Posted in Atlantic City, Bally Technologies, Culinary Union, Current, Economy, Harry Reid, M Resort, Macau, Marketing, Mississippi, North Las Vegas, Penn National, Politics, Sheldon Adelson, Singapore, Station Casinos, The Strip, Tourism | 2 Comments

Adelson minions visit Encore: Big Gaming courts Wall Street

Posted on March 20, 2012 by David McKee

There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia | Comments Off

The clueless Adelson; A happy birthday; Big Brother Penn

Posted on January 27, 2012 by David McKee

Yes, it’s yet another exciting episode of The New(t) Adventures of Sheldon Adelson. When, in typically unsubtle (read: crass) fashion, the casino potentate began pouring kegs full of money into the current presidential race, it was bound to set off … Continue reading →

Posted in Columbia Sussex, Current, Election, Environment, Harrah's, M Resort, Macau, Missouri, Ohio, Penn National, Sheldon Adelson, Steve Wynn | 3 Comments

Gilbert’s Dixie deal; Linq begins; Musical chairs at Penn

Posted on January 23, 2012 by David McKee

Dan Gilbert‘s descent upon the Baltimore market, in tandem with Caesars Entertainment, isn’t exactly news but the revelation that it will operate under the Harrah’s imprimatur (relegated to tertiary status by Caesars CEO Gary Loveman) certainly is. Gilbert’s undergraduate career … Continue reading →

Posted in Current, Genting, Harrah's, M Resort, Maryland, Neil Bluhm, New York, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, South Carolina, The Strip, Tourism, Tribal | Comments Off

Mojito Pointe: Why MGM did it

Posted on October 25, 2011 by David McKee

Maybe they were just charmed by Dan Lee‘s babyish face (left) but leadership at MGM Resorts International can cite of plenty of other reasons for throwing in on Lee’s Mojito Pointe project … which may be rechristened with an MGM … Continue reading →

Posted in Boyd Gaming, Dan Lee, Horseracing, International, Isle of Capri, Louisiana, M Resort, Marketing, MGM Mirage, Mississippi, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Texas, The Strip | 1 Comment

Caesars’ big Asian bet; Playing with yourself in Vegas

Posted on September 23, 2011 by David McKee

It’s amazing what you can do when you simply punt your debt burden a few years down the road. In the case of Caesars Entertainment, it means you’ve got an extra $470 million lying around to build Caesars Palace Longmu … Continue reading →

Posted in Alex Yemenidjian, Architecture, Current, Election, Harrah's, International, Internet gambling, M Resort, Macau, Marketing, MGM Mirage, Movies, Penn National, Regulation, Sheldon Adelson, Tamares Group, Taxes, Technology, Warner Gaming | Comments Off

Anthony Marnell III answers your questions

Posted on July 6, 2011 by David McKee

Anonymous: What happened to the self-serve soda fountains? [They] actually became a Health Department issue. They’re very expensive to maintain and the public had basically worn them out. There were lots of problems with the syrup and things falling down … Continue reading →

Posted in Architecture, Boulder Strip, Boyd Gaming, Dining, Economy, Entertainment, M Resort, Marketing, Penn National, Technology, The Strip, Tourism, Tribal, Wall Street | 2 Comments

So it begins

Posted on July 6, 2011 by David McKee

Slow news day: There wasn’t much worth noting yesterday, other than some preliminary numbers out of Pennsylvania (i.e., slot revenues). Table games money could change the picture but, so far, June is looking like a good month for Las Vegas … Continue reading →

Posted in Economy, Environment, M Resort, Marketing, Neil Bluhm, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Tribal, TV | 1 Comment

Ask Anthony!

Posted on June 28, 2011 by David McKee

Scarcely had I flayed the Las Vegas Sun‘s Anthony Marnell III interview in S&G than I was most graciously contacted by M Resort, offering the chance to ask the questions the Sun didn’t. More to the point, this is your … Continue reading →

Posted in Alex Yemenidjian, Economy, M Resort, Penn National, Technology | 4 Comments

A Tale of Two Resorts

Posted on June 27, 2011 by David McKee

As everyone knows, both Palms Casino Resort and M Resort recently changed hands, the former going to a pair of hedge funds and the latter to Penn National Gaming. Penn broke with industry tradition by keeping property CEO Anthony Marnell … Continue reading →

Posted in Current, George Maloof, Hard Rock Hotel, Harrah's, Laughlin, M Resort, Marketing, MGM Mirage, Morgans Hotel Group, Penn National, Sheldon Adelson, Sports, Steve Wynn, Taxes | 13 Comments