Category Archives: Mandalay Bay Massacre

There’s new life at F-blew; Casinos neglect safety plans

Posted on December 29, 2017 by David McKee

Contrary to some of his early pronouncements about Fontainebleau, new owner Steven Witkoff isn’t sitting on his asset but is pursuing roughly $2 billion of the $3 billion that will be required to finish the eye, er, glittering megaresort. He’s … Continue reading →

Posted in Atlantic City, Carl Icahn, Fontainebleau, Genting, Golden Gaming, Indiana, Macau, Mandalay Bay Massacre, Nevada, Palms, Politics, Racinos, Regulation, Reno, Sheldon Adelson, Sports, Station Casinos, Steve Wynn, Steven Witkoff, Taxes, Technology, The Strip, Tribal, Tropicana Entertainment, Wall Street | Comments Off on There’s new life at F-blew; Casinos neglect safety plans

Strip’s Thanksgiving turkey; Sports betting overhyped?

Posted on December 29, 2017 by David McKee

Despite a neutral calendar (i.e., same number of weekend days) and a 2% increase in baccarat wagers, the Las Vegas Strip managed to plummet 25% in table game win, pulling overall revenue 6% downward. Had it not been for that game, … Continue reading →

Posted in Atlantic City, Boulder Strip, Delaware, Donald Trump, Hard Rock International, Internet gambling, Lake Tahoe, Laughlin, Lucky Dragon, LVCVA, Mandalay Bay Massacre, Marketing, MGM Mirage, Nevada, North Las Vegas, Regulation, Reno, Sports, Tribal, Trump Entertainment Resorts, TV | 1 Comment

Reid: The truth is out there; Paddock motive unfathomable

Posted on December 27, 2017 by David McKee

Not only does the Pentagon have its own X-Files unit, there’s a strong Las Vegas angle. The Advanced Aerospace Threat Identification Program was the brainchild of then-Sen. Harry Reid (D) and (officially) ran from 2007 to 2012. However, according the the … Continue reading →

Posted in Donald Trump, Downtown, Florida, Genting, Harry Reid, Law enforcement, Macau, Mandalay Bay Massacre, Melco Crown Entertainment, Philippines | Comments Off on Reid: The truth is out there; Paddock motive unfathomable

Senators have hissy fit; Vegas: Back to normal or not?

Posted on December 4, 2017 by David McKee

With Pennsylvania having joined the roster of Internet-gambling jurisdictions, Sens. Dianne Feinstein (D) and Lindsey Graham (R) are pushing the panic button, hard. In a concession to the reality that the Senate won’t be able to rewrite the Wire Act, … Continue reading →

Posted in California, Donald Trump, Economy, Entertainment, Foxwoods, Harrah's, Internet gambling, Japan, Lawrence Ho, Mandalay Bay Massacre, Melco Resorts & Entertainment, MGM Mirage, Mohegan Sun, Nevada, Politics, Steve Wynn, Taxes, The Strip | Comments Off on Senators have hissy fit; Vegas: Back to normal or not?

Strip loses, locals joints win; Aristocrat hooks Big Fish

Posted on November 30, 2017 by David McKee

Given the robustness of October 2017, last month’s Las Vegas Strip revenues ($529 million) were already facing a difficult comparison and the Stephen Paddock shooting spree didn’t help matters. Gambling revenues fell 6% last month along Las Vegas Boulevard. (Statewide, … Continue reading →

Posted in Aristocrat, Boulder Strip, Churchill Downs, Downtown, Entertainment, Internet gambling, Lake Tahoe, Laughlin, Mandalay Bay Massacre, Mesquite, North Las Vegas, Reno, Technology, The Strip | 2 Comments

Good news for Sheldon and other Case Bets

Posted on November 30, 2017 by David McKee

Singapore‘s casinos are looking at an up year in 2018, according to normally cautious Fitch Ratings analyst Alex Bumazhny. “Singapore [gross gaming revenue] grew by around 10 percent year-on-year in first half 2017, after falling by around 30 percent over 2015 to … Continue reading →

Posted in Ameristar, Australia, Crown Resorts, Genting, Harrah's, International, Iowa, Law enforcement, Mandalay Bay Massacre, Pinnacle Entertainment, Regulation, Sheldon Adelson, Singapore, The Crown 18, Tribal, Wall Street | Comments Off on Good news for Sheldon and other Case Bets

Day of the Gun

Posted on November 29, 2017 by David McKee

Bellagio needs to get serious about security. As has happened multiple times in the past, an armed robbery was conducted on the premises, this time at the poker cage, at 3:45 p.m. I wouldn’t say casino security stood idly by but … Continue reading →

Posted in Downtown, International, Law enforcement, Mandalay Bay Massacre, MGM Mirage, Politics, Regulation, Reno, The Strip | Comments Off on Day of the Gun

Case Bets

Posted on November 28, 2017 by David McKee

Council Bluffs, Iowa, isn’t reacting so well to the revival of a 2007 casino plan by the Ponca Tribe of Nebraska to open in nearby Carter Lake. First off, the proposed site was ostensibly intended for an as-yet-unbuilt tribal medical … Continue reading →

Posted in Ameristar, Atlantic City, Harrah's, Iowa, Japan, Mandalay Bay Massacre, MGM Mirage, Regulation, Sports, Taxes, Tribal | Comments Off on Case Bets

A sensible proposal

Posted on November 22, 2017 by David McKee

Under the right circumstances, driving down the Las Vegas Strip (preferably by night) can be a hedonistic experience. Too often, however, it is a bumper-to-bumper nightmare. Something needs to be done and Clark County Commissioner Chris Giunchigliani (D) has stepped … Continue reading →

Posted in Entertainment, Indiana, Internet gambling, Iowa, Louisiana, Mandalay Bay Massacre, MGM Mirage, Mohegan Sun, Movies, Pennsylvania, The Strip, Transportation, Tropicana Entertainment | 3 Comments

MGM rebounds; Harvey victims have mystery casino benefactor

Posted on November 10, 2017 by David McKee

Commercials practically begging people to patronize the Las Vegas Strip after the Mandalay Bay massacre turn out to have been needless. The company most affected, MGM Resorts International, reports that hotel bookings are “almost back to normal.” “I’m happy to … Continue reading →

Posted in Baseball, Charity, Cordish Co., Cosmopolitan, Galaxy Entertainment, Greenwood Racing, Harrah's, Macau, Mandalay Bay Massacre, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Politics, Steve Wynn, Texas, The Strip, Wall Street | Comments Off on MGM rebounds; Harvey victims have mystery casino benefactor

MGM: The lion roars; Station doubles down

Posted on November 8, 2017 by David McKee

MGM Resorts International, so long in the headlines due to bad news, made some good news this week. In the third quarter room revenues were up 4% along the Las Vegas Strip and table game hold was substantially higher, both … Continue reading →

Posted in Atlantic City, Election, IGT, Macau, Mandalay Bay Massacre, MGM Mirage, Palms, Penn National, Pennsylvania, Pinnacle Entertainment, Station Casinos, The Strip, Wall Street | 3 Comments

National Harbor rules; #VegasAmnesia anyone?

Posted on November 7, 2017 by David McKee

Last week I was saying that anyone who thinks the Washington, D.C.-Baltimore corridor can absorb another casino doesn’t have their head screwed on right. Well, the latest numbers are in and S&G feels more validated than ever. Maryland Live ($46 … Continue reading →

Posted in Boyd Gaming, Colorado, Cordish Co., GLPI, Harrah's, Louisiana, Mandalay Bay Massacre, Maryland, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Slot routes, Tourism, Wall Street, West Virginia | 1 Comment

Case Bets

Posted on November 2, 2017 by David McKee

In an early Christmas present to gaming historians, the Center for Gaming Research at UNLV has unveiled the Harrah’s Entertainment Corporate Archives, focusing on the 1940-2000 period. In other words, it doesn’t just go back to the beginning but before … Continue reading →

Posted in GLPI, Harrah's, history, Illinois, Lake Tahoe, Mandalay Bay Massacre, Missouri, Pinnacle Entertainment, Reno, Sports, The Strip, Tropicana Entertainment | Comments Off on Case Bets

New look for an old favorite

Posted on November 1, 2017 by David McKee

Courtesy of sharp-eyed reader (and frequent source)  Greg Askins. But somebody should have snipped that shot of the “Do Not Disturb” sign, which takes on another meaning after the Stephen Paddock rampage.

Posted in Architecture, Harrah's, Mandalay Bay Massacre, The Strip | Comments Off on New look for an old favorite

Macao rockets ahead; SLS sale snagged

Posted on November 1, 2017 by David McKee

While we share Galaxy Entertainment Chairman Lui-Che Woo‘s circumspection about announcing a full recovery in Macao, gaming revenues continue to ignore the ‘stop’ signs. Last month they rocketed up 22%, which “blows past expectations,” according to Deutsche Bank analyst Carlo Santarelli, … Continue reading →

Posted in GLPI, Illinois, Macau, Mandalay Bay Massacre, MGM Mirage, Mohegan Sun, Politics, Racinos, Sahara, Sam Nazarian, Sheldon Adelson, Slot routes, SLS Las Vegas, Steve Wynn, The Strip, Tribal, Wall Street | Comments Off on Macao rockets ahead; SLS sale snagged

Quote of the Day

Posted on October 30, 2017 by David McKee

“Many casino executives and Las Vegas officials felt this day was inevitable. Las Vegas is the capital of decadence and indulgence in the American culture and a huge symbolic target. Ever since it was revealed that several of the 9/11 … Continue reading →

Posted in Law enforcement, Mandalay Bay Massacre | Comments Off on Quote of the Day

Quote of the Day

Posted on October 27, 2017 by David McKee

“I don’t want to say that I know exactly what Asians think is a period of mourning that’s appropriate, but I’ve heard that it’s sometimes a period of three months, four months, in that range.” — Caesars Entertainment CEO Mark … Continue reading →

Posted in Harrah's, International, Mandalay Bay Massacre, Tourism | 1 Comment

Penn shows Trop little love; Big plans at Caesars

Posted on October 26, 2017 by David McKee

Penn National Gaming‘s quarterly report was about what you’d expect: strength in Ohio, weakness in West Virginia, and negative impacts from Hurricane Nate and the Mandalay Bay massacre. Also, Penn is looking toward the Canada market for expansion. As Deutsche … Continue reading →

Posted in Harrah's, International, Japan, Mandalay Bay Massacre, Marketing, Mohegan Sun, Ohio, Penn National, Planet Hollywood, Regulation, South Korea, Technology, The Strip, Wall Street, West Virginia | Comments Off on Penn shows Trop little love; Big plans at Caesars

Adelson’s construction boom; Make theirs Manhattan

Posted on October 26, 2017 by David McKee

Las Vegas Sands still can’t be bothered to finish its St. Regis stump on the Strip, but it’s spending capex dollars like there’s no tomorrow in Macao. Sands will throw $700 million into redoing Sands Cotai Central as The Londoner, … Continue reading →

Posted in Architecture, Culinary Union, Genting, Law enforcement, Macau, Mandalay Bay Massacre, MGM Mirage, New York, Politics, Sheldon Adelson, Singapore, The Strip, Wall Street | Comments Off on Adelson’s construction boom; Make theirs Manhattan

The future of Caesars; Larry Ellison buys Cal-Neva

Posted on October 25, 2017 by David McKee

Executives from Caesars Entertainment flew to New York to meet with Wall Street analysts and lay out their vision of the company’s post-bankruptcy future. According to Deutsche Bank‘s Carlo Santarelli, internal research “displays a healthy Millenial participation rate, a long … Continue reading →

Posted in Aristocrat, Boyd Gaming, Economy, Entertainment, Golden Gaming, Harrah's, history, Lake Tahoe, Mandalay Bay Massacre, Marketing, MGM Mirage, Regulation, Scientific Games, Station Casinos, Technology, The Strip, Wall Street | 1 Comment