Category Archives: Macau

Inside the Adelson verdict; Wackiness in Illinois

Posted on May 15, 2013 by David McKee

Early news reports held that yesterday’s $70 million judicial beat-down of Las Vegas Sands was unanimous. Not so, it turns out. At least one juror felt that Macao schmoozer Richard Suen had neither demonstrated the existence of a contract with … Continue reading →

Posted in Current, Economy, Illinois, Macau, Politics, Regulation, Sheldon Adelson, Slot routes, Station Casinos, Steve Wynn, Taxes | 2 Comments

How do you spell ‘loser’?

Posted on May 14, 2013 by David McKee

Obstinacy has once again been the downfall of Sheldon Adelson. Rather than settle with Chinese businessman Richard Suen, Adelson went to trial not once, but twice (the first verdict having been overturned). In 2008, a Clark County jury determined that … Continue reading →

Posted in Current, Macau, Sheldon Adelson | 8 Comments

Steve Wynn turns into Debbie Downer; Caesars’ screwy priorities

Posted on May 2, 2013 by David McKee

Yes, the recovery in Las Vegas could be said to be a chastened and limping one. The national press will leap at just about anything to restart the “Vegas is back” narrative. And yes, CityCenter ROI improved exponentially … to … Continue reading →

Posted in CityCenter, Current, Economy, Election, Harrah's, Horseracing, Macau, Massachusetts, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip | 6 Comments

Quote of the Day

Posted on May 2, 2013 by David McKee

“MGM [Resorts International] still has much of its business in on the Strip, unlike its major rivals Las Vegas Sands Corp. and Wynn Resorts … Those companies both reported gains for the first three months of the year because of … Continue reading →

Posted in CityCenter, Current, Harrah's, Macau, MGM Mirage, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off on Quote of the Day

Land of the Rising Hope

Posted on April 29, 2013 by David McKee

Every few years, brows are knitted earnestly in discussion of whether this will finally be the year in which Japan legalizes casino gambling. I’ve been hearing versions of this debate regularly since 2005, so you’ll pardon me if I suppress … Continue reading →

Posted in Current, Genting, International, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Mob, The Strip, Tourism, Wall Street | Comments Off on Land of the Rising Hope

Adelson’s accountant quits, reaction minimal

Posted on April 29, 2013 by David McKee

Pricewaterhouse Coopers, accountant to the stars — and Las Vegas Sands — tendered its resignation last week, news that Sands kept carefully under wraps until after the markets closed on Friday. After a brief, initial shock, Sands shares went back … Continue reading →

Posted in Current, Laughlin, Macau, Massachusetts, Regulation, Sheldon Adelson, Tribal, Wall Street | 1 Comment

Pinnacle/Ameristar: A done deal; Elaine Wynn’s domino effect

Posted on April 29, 2013 by David McKee

All but a very few Ameristar Casinos shareholders voted to approve the company’s takeover by Pinnacle Entertainment, in one of the fastest M&A deals in industry memory. Regulatory approvals are still pending in Nevada and other states but Ameristar always … Continue reading →

Posted in Ameristar, Dining, Entertainment, Harrah's, Indiana, Iowa, Macau, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Regulation, Steve Wynn, Wall Street | Comments Off on Pinnacle/Ameristar: A done deal; Elaine Wynn’s domino effect

Adelson: Yes, we did! Wait, no, we didn’t! Well, OK, sorta … but not really!

Posted on March 5, 2013 by David McKee

“On the U.S. side … we view the State of Nevada as having uninspiring oversight of activities occurring in Macau. For every gap of oversight that exists from the Nevada Gaming Control Board or Nevada Gaming Commission, the U.S. Federal … Continue reading →

Posted in Atlantic City, Current, history, International, Internet gambling, Macau, Movies, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Mob, Wall Street | 3 Comments

Resorts World LV: Look familiar?

Posted on March 5, 2013 by David McKee

A reader in Arizona asks the question that was on my mind yesterday and probably yours, too: “Is it just me … or does this look like just a copper/gold-colored version of CityCenter?” Agreed! (With a large helping of Mandalay … Continue reading →

Posted in Animals, Architecture, Boyd Gaming, Carl Icahn, CityCenter, Current, Entertainment, Fontainebleau, Genting, history, Macau, MGM Mirage, Morgans Hotel Group, Movies, Sheldon Adelson, The Strip | 3 Comments

An indispensable man; MGM’s two-front campaign

Posted on February 14, 2013 by David McKee

French statesman Georges Clemenceau once dryly remarked that the cemeteries are full of indispensable men. Clemenceau’s quip obtained fresh sting this week when the gaming world lost Dr. William Eadington. The industry scholar has been struggling with cancer for a … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, history, Internet gambling, Macau, Massachusetts, MGM Mirage, Pansy Ho, Penn National, Problem gambling, Regulation, Revel, Stanley Ho, Technology | Comments Off on An indispensable man; MGM’s two-front campaign

MGM back into Atlantic City?

Posted on February 8, 2013 by David McKee

MGM Resorts International has a 50% stake in Borgata that nobody wants … except MGM. In bolstering move that Atlantic City sorely needs, MGM may get to reclaim its half of the resort (with the support of partner Boyd Gaming), … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Economy, Election, Horseracing, Internet gambling, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation, Stanley Ho, The Mob | 1 Comment

Case Bets: Super Bowl, WMS, Bally, Wynn, Penn vs. MGM

Posted on February 1, 2013 by David McKee

“The twilight’s last reaming”?!?!? Christina Aguilera said it, I didn’t. Of all the proposition bets being made on Sunday’s “Big Game” (the favored Vegas euphemism), my favorite is how long it will take Alicia Keys to crawl through the National … Continue reading →

Posted in Architecture, Bally Technologies, Current, Economy, Entertainment, IGT, International, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Scientific Games, Slot routes, Sports, Steve Wynn, Tourism, Wall Street, WMS Industries | Comments Off on Case Bets: Super Bowl, WMS, Bally, Wynn, Penn vs. MGM

Cap-and-trade at Sands; SkyFail: The sequel

Posted on January 28, 2013 by David McKee

Ever since the government of Macao put a hard cap on the number of table games in the enclave, casino operators have been forced to do a certain amount of cap-and-trade. In order to stock up Sands Cotai, 200 tables … Continue reading →

Posted in CityCenter, Current, Entertainment, Environment, Harrah's, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Regulation, Sheldon Adelson, Singapore, Stanley Ho, The Strip, Wall Street | 2 Comments

Would you trust Gary Loveman with your Social Security?

Posted on January 17, 2013 by David McKee

In addition to presiding over the most grotesquely indebted company — by far — in the casino industry, Caesars Entertainment CEO/President/Chairman/Pontifex Maximus/Generalissimo Gary Loveman also wants to dictate the manner in which we eke out our “golden years.” Amazingly, somebody … Continue reading →

Posted in Current, Dan Gilbert, Economy, Election, Harrah's, history, International, Louisiana, Macau, MGM Mirage, Mississippi, Problem gambling, TV, Wall Street | 14 Comments

MGM Cotai clears final barrier; devil in the Maryland details

Posted on January 9, 2013 by David McKee

Although the government of Macao enjoys nothing better than to make casino owners wait and fidget for their land leases to be “gazetted,” today is MGM Resorts International‘s lucky day. MGM China received final approval for its Cotai Strip megaresort. … Continue reading →

Posted in Boyd Gaming, California, Current, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Tourism, Transportation, Tribal, TV, Wall Street | Comments Off on MGM Cotai clears final barrier; devil in the Maryland details

The bigger-than-ever loser; Shania’s rump rocks Vegas

Posted on December 3, 2012 by David McKee

If Sheldon Adelson played the ponies as he does politics, he’d enter a Shetland in the Kentucky Derby and put all his money on it to win. What could be better than knowing the Las Vegas Sands CEO blew $100 … Continue reading →

Posted in Cirque du Soleil, Current, Downtown, Election, Entertainment, Harrah's, Macau, Regulation, Sheldon Adelson, Tamares Group, The Strip | 1 Comment

Third-quarter blahs: Ameristar, Boyd, MGM; Crackdown in Alabama

Posted on November 2, 2012 by David McKee

While nobody quite matched the $221 million loss posted by Caesars Entertainment, the gaming industry didn’t lack for underachievers in 3Q12, thanks largely to softness in domestic casino markets. Ameristar Casinos reported a $16 million profit, despite a 2% revenue … Continue reading →

Posted in Alabama, Ameristar, Atlantic City, Boyd Gaming, CityCenter, Colorado, Current, Detroit, Downtown, Environment, Harrah's, Hawaii, Illinois, Iowa, Kansas, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Steve Wynn, The Strip | Comments Off on Third-quarter blahs: Ameristar, Boyd, MGM; Crackdown in Alabama

Have you seen this man?; Bluhm comes to Beantown

Posted on November 1, 2012 by David McKee

Anyone remember Gov. Steve Beshear (D)? For the five years, he’s been spinning his wheels, trying to get gambling expanded in Kentucky past horse racing. When Beshear ran for reelection last year, his GOP opponent, then-state Senate President David Williams … Continue reading →

Posted in Current, Illinois, Isle of Capri, Kentucky, Macau, Massachusetts, Missouri, Neil Bluhm, Politics, Racinos, Regulation, Tribal | Comments Off on Have you seen this man?; Bluhm comes to Beantown

Atlantic City and Sandy’s silver lining; Adelson to cop a plea?

Posted on October 29, 2012 by David McKee

At the risk of taking Hurricane Sandy too lightly, in some respects the storm — currently on a path straight for Atlantic City — represents a strange blessing in disguise for the Boardwalk. With the city all buttoned up as … Continue reading →

Posted in Cretins, Current, Donald Trump, Economy, Election, Environment, Macau, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment | 1 Comment

He shoots, he scores!; Zynga zinged; Hill puts leg before wicket

Posted on October 24, 2012 by David McKee

Monday’s interview with Interblock global sales supremo Tom O’Brien (right) yielded some passing observations that are probably too peripheral for my upcoming Casino Life piece … but perfect for S&G. Interblock maintains field offices in Las Vegas (soon to become … Continue reading →

Posted in Australia, Boyd Gaming, Current, Election, Genting, IGT, International, Internet gambling, James Packer, Macau, Regulation, Singapore, Technology, TV | Comments Off on He shoots, he scores!; Zynga zinged; Hill puts leg before wicket