Category Archives: Mandalay Bay Massacre

Strip moolah propels Caesars; Boyd impresses

Posted on February 22, 2019 by David McKee

Caesars Entertainment reported 4Q18 results yesterday, playing to generally rave notices from Wall Street. “Very good” and “Excellent” were the initial reactions of Credit Suisse analyst Cameron McKnight. He noted 8% revenue growth in Las Vegas on only 1.5% cost … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Centaur Gaming, Hawaii, Illinois, Iowa, Kansas, Mandalay Bay Massacre, MGM Resorts International, Ohio, Pennsylvania, Pinnacle Entertainment, Slot routes, Taxes, The Strip, Wall Street | Comments Off

Wynn: The settlement; Paddock explained, somewhat

Posted on January 29, 2019 by David McKee

We’re into Day Two of the Wynn Resorts settlement with the Nevada Gaming Control Board and some details are starting to make their way into the public discourse. Forbes enumerates the charges and they include: “Employee 1 claimed that in … Continue reading →

Posted in Architecture, Genting, Law enforcement, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Regulation, Steve Wynn, The Strip, Wynn Resorts | 2 Comments

Death and debauchery

Posted on January 3, 2019 by David McKee

by Jessica Kane, special to Stiffs & Georges Nicknamed the City of Sin, Las Vegas is no stranger obscene behavior. Only, not all guests are satisfied by the usual debauchery. Read along to learn about six shocking crimes committed in … Continue reading →

Posted in history, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Security, Station Casinos, Westgate LV | 1 Comment

New boss at AGA; Route 91 Harvest returns

Posted on December 17, 2018 by David McKee

Replacing Geoff Freeman, the American Gaming Association has tapped Business Roundtable Senior Vice President for Government Relations Bill Miller. A Beltway lobbyist of two decades’ standing, Miller should be able to hit the ground running. Thirteen years of lobbying on … Continue reading →

Posted in AGA, Baseball, Caesars Entertainment, California, Eldorado Resorts, Entertainment, Geoff Freeman, Greenwood Racing, Las Vegas Sands, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Penn National, Pennsylvania, Rush Street Gaming, Scientific Games, Sheldon Adelson, Sports, Sports betting, Tamares Group, The Strip, Tribal, TV | 3 Comments

Uncle Sam wants your sports bet; Strip outperforms Nevada

Posted on November 27, 2018 by David McKee

Credit Suisse analyst Cameron McKnight had an ominous take on sports betting, as regards federal intervention and “integrity fees.” “Federal action on sports betting sounds more likely, though our contacts disagree on scope,” he warned, adding, “On integrity fees, we … Continue reading →

Posted in Boulder Strip, DFS, Downtown, Economy, Illinois, Lake Tahoe, Laughlin, Mandalay Bay Massacre, Massachusetts, Mississippi, Nevada, New Jersey, New York, North Las Vegas, Sports betting, The Strip, Transportation, Wall Street | Comments Off

Caesars hailed; Macao’s future questioned

Posted on November 15, 2018 by David McKee

Credit Suisse analyst Cameron McKnight hosted three (!) days of investor meetings with Caesars Entertainment and came away giving the company a rave review. “Management’s tone was very good, and long-only interest was high … We think CZR’s business is … Continue reading →

Posted in Arkansas, Caesars Entertainment, Economy, Horseracing, Japan, Kentucky, Macau, Mandalay Bay Massacre, New Hampshire, Politics, Racinos, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Sports betting, The Strip, Tourism, Transportation, Wall Street | Comments Off

MGM: The lion meows; Nevada sets sports-betting record

Posted on October 31, 2018 by David McKee

“Good quarter against low expectations” pretty well summarizes Wall Street‘s reaction to MGM Resorts International‘s 3Q18. (And we have to say that MGM leadership did a masterly job of minimizing anticipation well ahead of time.) JP Morgan analyst Joseph Greff admitted … Continue reading →

Posted in Economy, IGT, International, Macau, Mandalay Bay Massacre, Maryland, Massachusetts, MGM Resorts International, Nevada, Sports betting, The Strip, Wall Street | Comments Off

Wisdom from G2E; Sisolak lights up

Posted on October 10, 2018 by David McKee

This week’s Global Gaming Expo gives Wall Street analysts plenty of time to sniff around the big gaming operators and manufacturers, trying to suss out trends. Credit Suisse analyst Cameron McKnight, the new kid on the block, says that 3Q18 … Continue reading →

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Economy, Eldorado Resorts, Election, G2E, GLPI, Golden Gaming, Illinois, Indiana, Isle of Capri, Las Vegas Sands, Macau, Mandalay Bay Massacre, Marijuana, Marketing, MGM Resorts International, Mississippi, Nevada, Palms, Penn National, Sports, Station Casinos, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment, Wall Street | Comments Off

Quote of the Day

Posted on October 1, 2018 by David McKee

“At a New York City music festival Saturday night, somebody stepped on a bottle and popped it, setting off a panic among many of the 60,000 attendees who thought it was a gunshot because, you know, it’s the United States.” — Boston Globe … Continue reading →

Posted in Mandalay Bay Massacre, New York | Comments Off

Federal sports-betting regulation bombs

Posted on September 28, 2018 by David McKee

At least one woman was treated with respect yesterday on Capitol Hill and that was the American Gaming Association‘s Sara Slane. We reviewed her prepared testimony yesterday. “Because of the active, robust state and regulatory tribal gaming oversight, gaming is one … Continue reading →

Posted in AGA, Current, Economy, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Nevada, Politics, Regulation, Sports betting, The Strip | Comments Off

MGM cuts the cheese; Adelson has a heart

Posted on September 14, 2018 by David McKee

Earlier this week MGM Resorts International made a flatulent public-relations move. It offered, in lieu of siccing process servers on some 1,000 Mandalay Bay Massacre victims, that it would donate $500 each to charity. That’s right: A company that made … Continue reading →

Posted in Architecture, Caesars Entertainment, Charity, Japan, Las Vegas Sands, Macau, Mandalay Bay Massacre, MGM Resorts International, Sheldon Adelson, The Strip | 1 Comment

Infamy on the Strip; Baton Rouge obliterated

Posted on August 20, 2018 by David McKee

“Mandalay Bay” is becoming a two-word synonym for infamy. Hotels’ Daily News Service recently bannered a set of dispatches with “What Security Looks Like in post-Mandalay Bay world.” (Subscription required.) As for what Las Vegas looks like in same, well, Lego … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Economy, Eldorado Resorts, GLPI, Isle of Capri, Las Vegas Sands, Louisiana, Mandalay Bay Massacre, MGM Resorts International, Penn National, Pinnacle Entertainment, Resort fees, Tilman Fertitta, Tourism, Wall Street, Wynn Resorts | Comments Off

Pols slow to move on sports betting

Posted on August 14, 2018 by David McKee

We thought we’d check up on what some of our favorite state legislators are doing about sports betting, now that it’s theoretically legal in their state (well, it’s complicated). In New York, Assemblyman Gary Pretlow (D) intends to introduce a … Continue reading →

Posted in California, Foxwoods, Hawaii, Idaho, Iowa, Kazuo Okada, Louisiana, Mandalay Bay Massacre, Mesquite, Mohegan Sun, New York, Penn National, Politics, Sports betting, Technology, Tourism, Transportation | Comments Off

Caesars excels, MGM disappoints; So long, Paradise Park

Posted on August 2, 2018 by David McKee

You know how I thought May’s visitation numbers representing Las Vegas finally finding bottom in a visitation decline? Never mind. June was down 1%, mainly driven (pardon the pun) by fewer drive-in visits from California. Fortuitously for the casinos, luck … Continue reading →

Posted in Atlantic City, Caesars Entertainment, California, Detroit, Economy, Las Vegas Sands, Macau, Mandalay Bay Massacre, Maryland, Massachusetts, Melco Crown Entertainment, MGM Resorts International, Sports, Sports betting, The Strip, Tourism, Wendover, Wynn Resorts | Comments Off

Murren steps in it (again); More casinos join sports-betting arms race

Posted on August 1, 2018 by David McKee

MGM Resorts International has decided that it made a faux pas … not by suing victims of the Mandalay Bay Massacre but by not explaining to employees what it was doing, leaving them open, says CEO Jim Murren, to “media … Continue reading →

Posted in Atlantic City, Caesars Entertainment, e-sports, International, Lawrence Ho, Macau, Mandalay Bay Massacre, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Sports betting | Comments Off

MGM lauds Springfield as Mandalay Bay woes increase

Posted on July 25, 2018 by David McKee

MGM Resorts International is targeting Hartford (and five other media markets) with its initial TV spot for MGM Springfield, whose opening is now less than a month away. The ad, which you can see for yourself, has shoutouts to virtually … Continue reading →

Posted in Cirque du Soleil, Elaine Wynn, Environment, Law enforcement, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Resorts International, New York, Penn National, Pennsylvania, Regulation, Reno, Rhode Island, Sexual misconduct, Sports betting, Taxes, TV, Wynn Resorts | Comments Off

MGM lawsuit shaky; Sports betting slow to gain traction

Posted on July 24, 2018 by David McKee

If MGM Resorts International thinks its federal lawsuit against victims of the Mandalay Bay Massacre will be a speedy way of disposing of all pending cases, it may be in for a rude surprise. Legal experts say the matter could … Continue reading →

Posted in Japan, Law enforcement, Macau, Mandalay Bay Massacre, MGM Resorts International, Mississippi, Ohio, Regulation, Sports, Sports betting | Comments Off

MGM lawsuit clarified; Circumspect Caesars

Posted on July 19, 2018 by David McKee

Contrary to what early press reports led us to believe, MGM Resorts International‘s counterclaim against victims of the Mandalay Bay Massacre does not affect any of the active cases now moving forward against the casino giant. The Associated Press says, “The … Continue reading →

Posted in Arkansas, Atlantic City, Caesars Entertainment, Election, Mandalay Bay Massacre, MGM Resorts International, Sports betting, Tribal | Comments Off

MGM lawsuit backfires

Posted on July 18, 2018 by David McKee

MGM Resorts International stepped in it — at least momentarily — when it elected to sue victims of the Mandalay Bay Massacre in federal court. The Twitterverse briefly arose in #BoycottMGM outrage, but it died down by day’s end and … Continue reading →

Posted in Architecture, Arizona, Atlantic City, Dan Gilbert, Detroit, Donald Trump, Environment, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Ohio, Security, Sports, The Strip, Trump Entertainment Resorts | 1 Comment

Elaine backs Satre; MGM running for cover

Posted on July 17, 2018 by David McKee

Global Gaming Business has revealed that National Center for Responsible Gaming President Phil Satre was the hitherto-undisclosed candidate that Elaine Wynn was proposing for the Wynn Resorts board chairmanship. Said board rejected Satre — a short-sighted move that reeks of insecurity. … Continue reading →

Posted in Architecture, Elaine Wynn, Florida, Hard Rock International, Harrah's, IGT, Japan, Mandalay Bay Massacre, MGM Resorts International, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Wall Street, Wynn Resorts | Comments Off