Category Archives: Macau

Gunplay at the Four Queens

Posted on January 15, 2010 by David McKee

Neither the Las Vegas Sun nor the Las Vegas Review-Journal can be bothered to report it on their Web sites but there was a shooting in the wee hours of Friday morning at the Four Queens, downtown. After having to … Continue reading →

Posted in Current, Downtown, Harrah's, Macau, MGM Mirage, The Strip | 9 Comments

Money quote

Posted on January 12, 2010 by David McKee

“Even so, some experts say that it might be a blessing in disguise that Macau wasn’t overly reliant on entertainment-related revenue during the downturn. Analysts point out that one reason Las Vegas casinos have yet to recover is that U.S. … Continue reading →

Posted in Dining, Economy, Entertainment, International, Macau, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Money quote

Crystals, the sequel

Posted on January 5, 2010 by David McKee

If this video segment gives you a strong sense of déja vu, it’s probably because the retailers in Pansy & Daisy Ho‘s new Macao mall are pretty much the same cast of characters you’ll find in Crystals at CityCenter. However, … Continue reading →

Posted in Architecture, CityCenter, Current, Macau, MGM Mirage, Pansy Ho, Planet Hollywood | Comments Off on Crystals, the sequel

Quote of the Day

Posted on January 5, 2010 by David McKee

“Wall Street analysts upgraded the prospects of two Las Vegas-based casino operators based on the companies’ holdings in Macau. Simultaneously, Macau media reported gaming revenue in the Chinese gambling market jumped 48 percent in December.” — Howard Stutz, of the … Continue reading →

Posted in Macau, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off on Quote of the Day

Stanley Ho vs. MGM Mirage

Posted on December 31, 2009 by David McKee

Whose casino would you rather visit … … Stanley Ho‘s Oceanus at Jai Alai or … … MGM Mirage‘s CityCenter? I’ll bet you’ve never heard a megaresort described as a “campus” before. True, CityCenter has Henry Moore and Maya Lin … Continue reading →

Posted in Architecture, Macau, Mesquite, Sheldon Adelson, Singapore, Stanley Ho, The Strip | 3 Comments

‘Tis the season

Posted on December 23, 2009 by David McKee

Kansas Gov. Mark Parkinson cuts the ribbon on Boot Hill Casino. The gentleman at the rear in the red tie is the Kansas Lottery’s Ed Van Petten, taking time out from carrying water for Mike Ensign. Having been on the … Continue reading →

Posted in Alex Yemenidjian, Archon Corp., Boyd Gaming, Cannery Casino Resorts, Carl Icahn, CityCenter, Colony Capital, Columbia Sussex, Don Barden, Donald Trump, Economy, Election, Entertainment, Environment, Fontainebleau, Harrah's, Harry Reid, Internet gambling, Isle of Capri, Jack Binion, James Packer, Kansas, M Resort, Macau, MGM Mirage, Neil Bluhm, Oscar Goodman, Penn National, Pets, Phil Ruffin, Politics, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Technology, The Strip, Tourism, Tribal | 8 Comments

Case Bets: Greektown, Adelson, Philadelphia & Stanley Ho

Posted on December 22, 2009 by David McKee

If a management company increases your revenues in the teeth of the Great Recession — and despite your casino’s well-publicized financial problems — what do you do? Kick them out, of course, if you’re Greektown Casino and you’ve no further … Continue reading →

Posted in Current, Detroit, Macau, Massachusetts, Neil Bluhm, New York, Pennsylvania, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal | 3 Comments

Loveman loves him some Macao

Posted on December 22, 2009 by David McKee

By now the saga of Harrah’s Entertainment‘s Macanese golf course is the stuff of legend: a $578 million golden albatross around the company’s neck and a metaphor for the company’s misfortune-prone international strategy. While some of CEO Gary Loveman‘s ventures … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Harrah's, James Packer, Lawrence Ho, Macau, Maryland, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | 1 Comment

Earth to Adelson, Earth to Adelson …

Posted on December 21, 2009 by David McKee

Las Vegas Sands CEO Sheldon Adelson claims he can finish his two resuscitated Cotai Strip™ casinos (below) and build three more in the next five years. Let the record show that Adelson currently also has casinos in various states of … Continue reading →

Posted in CityCenter, Cordish Co., Current, Economy, Florida, International, Macau, Maryland, MGM Mirage, Movies, New York, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, The Strip, Tribal | 2 Comments

Case Bets: Pinnacle, Macao, Sahara & Mirage

Posted on December 15, 2009 by David McKee

No trouble in River City: The opening of Pinnacle Entertainment‘s River City casino complex has leapt forward from May to March. Bully for Pinnacle, if this means that the project is going to be finished ahead of schedule. If this … Continue reading →

Posted in Architecture, CityCenter, Current, Dining, Economy, Entertainment, Herbst Gaming, Louisiana, Macau, Marketing, MGM Mirage, Missouri, Pinnacle Entertainment, Sahara, Sheldon Adelson, Stanley Ho, The Strip | 4 Comments

Blast from the past

Posted on December 8, 2009 by David McKee

In this case, it’s a blast of hot air from the pages of the defunct and dreadful Liberty Watch magazine, whose back numbers still adorn the Web, but whose ink-and-paper incarnation has devolved into a loose smattering of blogs. Let’s … Continue reading →

Posted in Boyd Gaming, Colony Capital, Fontainebleau, Harrah's, Indiana, Macau, MGM Mirage, Michael Gaughan, Sheldon Adelson, Station Casinos, The Strip, Wall Street | 1 Comment

Is Adelson mad? Trump trumped & Kerzner booted

Posted on December 1, 2009 by David McKee

In an interview with Reuters, Sheldon Adelson said Las Vegas Sands might launch operations in India, Thailand and Japan as soon as 2010. Given the ropey financial condition of his company, the fact that Marina Bay Sands will open at … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Current, Detroit, Donald Trump, Economy, Genting, Harrah's, International, Kansas, Macau, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Planet Hollywood, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Taxes, Tourism, Tribal | 1 Comment

Sands IPO: bad timing?

Posted on November 24, 2009 by David McKee

If Steve Wynn‘s stock float for his Macao properties hit the Hong Kong bourse at the optimal moment, the tortoise-like progress of Las Vegas Sands‘ offering comes at a price. Specifically, its $1.34 opening price is at the absolute bottom … Continue reading →

Posted in Current, Economy, International, Macau, Pennsylvania, Sheldon Adelson, Singapore, Steve Wynn | Comments Off on Sands IPO: bad timing?

Case Bets: Cullotta’s moll, squeeze on Sands, gay old UFC

Posted on November 17, 2009 by David McKee

Local radio chatterbox Heidi Harris recently set her pants on fire attempting to rewrite history about a Mob terror campaign against then-Nevada Gaming Commissioners (one of whom went on to become Sen. Harry Reid [D-NV]). The evidence seems pretty unambiguous … Continue reading →

Posted in Harry Reid, International, Macau, Politics, Regulation, Sheldon Adelson, Singapore, Sports, Station Casinos, The Mob, TV, Wall Street | 6 Comments

Case Bets: Strippers, Tomlin & no water in Macao

Posted on November 11, 2009 by David McKee

Being still deeply enmeshed in CityCenter-related materials (Kirvin Doak must be getting paid by the word, judging from the plethora of press releases it’s generated), I have to be a hit-and-run blogger today. Can’t go to the strip club? No … Continue reading →

Posted in Current, Entertainment, Environment, Harrah's, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, The Strip, Tourism, TV | Comments Off on Case Bets: Strippers, Tomlin & no water in Macao

Strip bottoming out

Posted on November 10, 2009 by David McKee

September’s Nevada gaming revenue numbers are in and the good news is that the Strip is only -4% year/year. (Strip revs were down all of ’08 but didn’t fall off the cliff until October, when they tumbled 26%.) This makes … Continue reading →

Posted in Aristocrat, Boulder Strip, Boyd Gaming, Columbia Sussex, Current, Economy, G2E, Harrah's, Herbst Gaming, International, Isle of Capri, Macau, Mesquite, Ohio, Reno, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, The Strip, Tourism, Transportation, Wall Street | Comments Off on Strip bottoming out

Wynn bails on N.Y.

Posted on November 4, 2009 by David McKee

As they come into the backstretch on the bidding for a racino at New York‘s Aqueduct Racetrack, one contender has pulled out of the race: Steve Wynn. Did he balk at the $200 million upfront fee? Penn National Gaming basically … Continue reading →

Posted in Current, Downtown, Economy, Florida, Harrah's, Macau, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tilman Fertitta, Transportation, Tribal, Wall Street | Comments Off on Wynn bails on N.Y.

Mermaids in Macao

Posted on November 3, 2009 by David McKee

Some lovely footage, mostly for the heck of it, although indicators continue to suggest that Steve Wynn got into the Hong Kong bourse at just the right moment and Sheldon Adelson will miss the tide.

Posted in Economy, Lawrence Ho, Macau, Melco Crown Entertainment, Sheldon Adelson, Stanley Ho, Steve Wynn | Comments Off on Mermaids in Macao

They’re just wild about Harry

Posted on October 30, 2009 by David McKee

Despite his (at best) tepid standing with the Nevada electorate — whether the right or the left — Sen. Harry Reid (D) has almost every important name in the casino industry in his corner. Sheldon Adelson may yet choose to … Continue reading →

Posted in Archon Corp., Cordish Co., Economy, Election, Entertainment, Harrah's, Harry Reid, International, Macau, Maryland, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Taxes, TV, Wall Street | Comments Off on They’re just wild about Harry

Case Bets: Pinnacle, Pennsylvania, Harrah’s & Sands

Posted on October 30, 2009 by David McKee

Third quarter at PNK: 3Q09 numbers are out for Pinnacle Entertainment and the comparisons cover the spectrum from very good (Lumiere Place up 19%), good (+5% at L’Auberge du Lac) and lousy (-13% aboard Boomtown New Orleans). Once a free-spending … Continue reading →

Posted in Ameristar, Atlantic City, Current, Detroit, Economy, Harrah's, Louisiana, Macau, Marketing, Missouri, Pennsylvania, Pinnacle Entertainment, Problem gambling, Sheldon Adelson, Taxes, Tribal, Wall Street | 2 Comments