Category Archives: MGM Mirage

Strike deadline passes; Delaware first to take sports bets

Posted on June 1, 2018 by David McKee

As of last midnight, 34 Las Vegas casinos are operating without a Culinary Union contract. Negotiations are evidently going well enough for the strike deadline to pass without any picketing. However, just to show that it means business, the Culinary … Continue reading →

Posted in Culinary Union, Delaware, Harrah's, Law enforcement, Mandalay Bay Massacre, MGM Mirage, Racinos, Scientific Games, Sexual misconduct, Sports, Technology | 2 Comments

Culinary confronts Caesars

Posted on May 31, 2018 by David McKee

If Deutsche Bank analyst Carlo Santarelli is any indicator, Wall Street is sanguine almost to the point of complacency about contract talks in Las Vegas. He calls the chances of a strike “low” although he thinks negotiations could drag on … Continue reading →

Posted in Boyd Gaming, Charity, Culinary Union, Harrah's, Mandalay Bay Massacre, MGM Mirage, Penn National, Sheldon Adelson, Station Casinos, Taxes, Texas, Transportation, Tribal, Wall Street, Wynn Resorts | Comments Off on Culinary confronts Caesars

MGM optimistic on Japan; Culinary blasts casino owners

Posted on May 30, 2018 by David McKee

Japan is one big step closer to casino legalization now that its House of Representatives passed a bill putting problem-gambling countermeasures into place. This was a necessary step before the actual casino-implementation law could go before the Diet. “The pace of … Continue reading →

Posted in Boyd Gaming, Culinary Union, Economy, Golden Gaming, Harrah's, Japan, Macau, MGM Mirage, Penn National, Politics, Problem gambling, Regulation, Sexual misconduct, Singapore, Taxes, Tourism, Transportation, Unite-Here, Wynn Resorts | Comments Off on MGM optimistic on Japan; Culinary blasts casino owners

Las Vegas thrives; Palms ad backfires

Posted on May 30, 2018 by David McKee

Yesterday, we spotlit the Debbie Downer view of Las Vegas of one online columnist. And while a lengthy slide in visitation numbers remains a concern, dark and anecdotal snapshots of Sin City are contradicted by the numbers. The latter are … Continue reading →

Posted in Boyd Gaming, Cosmopolitan, Eldorado Resorts, George Maloof, Harrah's, Horseracing, Illinois, Indiana, Laughlin, Macau, Marketing, MGM Mirage, Mississippi, Palms, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Slot routes, Station Casinos, Tribal, Wall Street, Wynn Resorts | 2 Comments

MGM: They’ll take Yonkers; Vegas gets flunked

Posted on May 29, 2018 by David McKee

MGM Resorts International‘s pursuit of a casino in Bridgeport has been revealed as the sham that it is. How? Because MGM and MGM Growth Properties just plunked down $850 million for Empire City Casino in Yonkers, putting them squarely in the much-coveted … Continue reading →

Posted in Economy, Genting, LVCVA, MGM Mirage, New York, The Strip, Wall Street | 1 Comment

Bringing back sexy; They did a bad, bad thing

Posted on May 24, 2018 by David McKee

In search of a novel angle to market Las Vegas, the Las Vegas Convention & Visitors Authority has come up with a new campaign. And. It. Is. Hawt. Because lesbians. Although, if you’re a mushy romantic at heart, this mini-movie is sure to … Continue reading →

Posted in Foxwoods, Internet gambling, LVCVA, Marketing, MGM Mirage, Mohegan Sun, Regulation, Reno, Sports, The Strip | 2 Comments

Delaware bests New Jersey; New partner for Ho?

Posted on May 23, 2018 by David McKee

Chris Christie may have to eat his words about New Jersey being the first state to capitalize on the Supreme Court‘s sports-betting ruling. According to NJ Advance Media, “Delaware officials said this week they believe they have the laws and infrastructure … Continue reading →

Posted in Atlantic City, Bruce Deifik, Delaware, Entertainment, Hard Rock International, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Philippines, Racinos, Regulation, Sports | Comments Off on Delaware bests New Jersey; New partner for Ho?

Strike!; Memo to Congress

Posted on May 23, 2018 by David McKee

If any casino owners were thinking that the Culinary Union might get complacent or fragment in the face of a good Las Vegas economy, they got a rude wakeup call yesterday. Some 99% of Culinary members voted to authorize a … Continue reading →

Posted in Culinary Union, Current, Downtown, Economy, Geoff Freeman, Harrah's, history, MGM Mirage, Regulation, Sports, Taxes, Technology, The Strip | Comments Off on Strike!; Memo to Congress

Adversity at Sands; Paging Katniss Everdeen

Posted on May 21, 2018 by David McKee

Some are blaming bad weather for two months of substantially reduced table-games winnings at Sands Bethlehem. But could casinos in the Catskills finally be having an effect? It’s hard to say, although one suspects the answer is “yes.” Sands Bethlehem tumbled … Continue reading →

Posted in Atlantic City, Bruce Deifik, California, Churchill Downs, CityCenter, Entertainment, Environment, Genting, Hard Rock International, history, International, Internet gambling, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, New York, Pennsylvania, Revel, Sheldon Adelson, Sports, The Strip, Tilman Fertitta, Transportation, Wynn Resorts | Comments Off on Adversity at Sands; Paging Katniss Everdeen

Connecticut tribes eye Japan; Adelson’s youth movement

Posted on May 18, 2018 by David McKee

Bridgeport lawmakers wasted no time after the adjournment of the Legislature to announce that they’d be back with another bill to open Connecticut to rival casino bids (really a Trojan Horse for MGM Resorts International, not that anyone is fooled). … Continue reading →

Posted in Election, Foxwoods, International, Japan, MGM Mirage, Mohegan Sun, Politics, Sheldon Adelson | Comments Off on Connecticut tribes eye Japan; Adelson’s youth movement

Vici Properties strikes again; Mohegan Sun pitches Japan

Posted on May 15, 2018 by David McKee

They came, they saw, they bought. Yes, Vici Properties has struck again, inking a bargain-price deal to acquire the Octavius Tower of Caesars Palace and Harrah’s Philadelphia. On paper, Vici is paying $507.5 million and $241.5, respectively, for the two assets. … Continue reading →

Posted in Election, Florida, Galaxy Entertainment, Hard Rock International, Harrah's, Japan, Louisiana, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Penn National, Pennsylvania, Problem gambling, Seminole Tribe, Sexual misconduct, Société des Bains de Mer, South Korea, Steve Wynn, Taxes, The Strip, Tribal | Comments Off on Vici Properties strikes again; Mohegan Sun pitches Japan

Atlantic City: Calm before the storm; Stormy weather in Louisiana

Posted on May 15, 2018 by David McKee

Atlantic City was stable last month, defying an unfavorable calendar (one less weekend day) and grossing $191.5 million, while online gambling had its second-best-ever month, pulling in $23 million (+10.5%). Slot handle was down 3.5%, as was revenue, while a … Continue reading →

Posted in Atlantic City, Boyd Gaming, Bruce Deifik, Columbia Sussex, Dan Gilbert, Detroit, Eldorado Resorts, GLPI, Greenwood Racing, Hard Rock International, Harrah's, Illinois, Internet gambling, Isle of Capri, Louisiana, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Slot routes, Tilman Fertitta, Tropicana Entertainment | Comments Off on Atlantic City: Calm before the storm; Stormy weather in Louisiana

Sports betting: A new era

Posted on May 15, 2018 by David McKee

Yesterday, the Supreme Court handed down its much anticipated ruling in Murphy v. NCAA and it was pure win for states and casinos itching to offer legalized sports betting, although there was some predictable disapproval. As Arizona Attorney General Mark … Continue reading →

Posted in Arizona, Atlantic City, Boyd Gaming, Delaware, DFS, Eldorado Resorts, Election, Geoff Freeman, Harrah's, IGT, Illinois, Law enforcement, Maryland, Massachusetts, MGM Mirage, Mississippi, Nevada, New York, Penn National, Politics, Regulation, Rhode Island, Scientific Games, Sports, Texas, Tilman Fertitta, Tribal, Wall Street, West Virginia | Comments Off on Sports betting: A new era

MGM, Wynn woo Wall Street

Posted on May 11, 2018 by David McKee

This week, in conjunction with the opening of Park MGM, the parent company rolled out the red carpet for Wall Street analysts. “While there were no major announcements/surprises, we felt management put forth a thorough effort to better articulate its … Continue reading →

Posted in Elaine Wynn, Japan, LVCVA, Macau, Marketing, Massachusetts, MGM Mirage, Ohio, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, Transportation, Wall Street, Wynn Resorts | Comments Off on MGM, Wynn woo Wall Street

Culinary girds for battle; Let’s get it on

Posted on May 10, 2018 by David McKee

Collective-bargaining-agreement talks between the Culinary Union and 34 casinos must not be going well. The Culinary fired off an e-mail blast yesterday, publicizing the fact that it will hold a strike vote May 22 and, should it pass, will hit … Continue reading →

Posted in Cosmopolitan, Culinary Union, Current, Dining, Downtown, Entertainment, Florida, Harrah's, history, MGM Mirage, Politics, Seminole Tribe, Sexual misconduct, Taxes, The Strip | 1 Comment

Park MGM to eclipse Bellagio?; Cleveland does not rock

Posted on May 9, 2018 by David McKee

Park MGM isn’t even open yet and Bloomberg has already drunk its bathwater. Think I’m exaggerating? A fluff piece declares that the casino-in-progress will “steal attention from MGM’s highest-end hotel, the Bellagio, as well as the most recent hotel to … Continue reading →

Posted in Architecture, CityCenter, Cosmopolitan, Dan Gilbert, Dining, history, Law enforcement, Lucky Dragon, Massachusetts, MGM Mirage, Ohio, Steve Wynn, Technology, The Strip, Wynn Resorts | 1 Comment

Sheehan out at Scientific; Carry them back to old Virginny

Posted on May 8, 2018 by David McKee

Outgoing Scientific Games CEO (and Telemundo founder) Kevin Sheehan grew the company beyond recognition, increased revenue, reorganized its internal structure and aggressively paid down debt. So why is he being kicked upstairs to “senior advisor”? Your guess is as good … Continue reading →

Posted in Foxwoods, Horseracing, International, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Politics, Racinos, Regulation, Scientific Games, Sports, Tribal, Wynn Resorts | Comments Off on Sheehan out at Scientific; Carry them back to old Virginny

Ohio good, Maryland better; The mystery of Carrot Top

Posted on May 8, 2018 by David McKee

Last month found the State of Maryland in good health when it came to gaming revenue, up 6%. Most of this was driven — one is tempted to say “of course” — by MGM National Harbor, vaulting 15.5% for an … Continue reading →

Posted in Churchill Downs, Cordish Co., Dan Gilbert, Economy, Eldorado Resorts, Entertainment, Environment, GLPI, Hard Rock International, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, The Strip, Transportation, West Virginia | Comments Off on Ohio good, Maryland better; The mystery of Carrot Top

Las Vegas numbers perplex; Macao shatters expectations

Posted on May 4, 2018 by David McKee

While Las Vegas, as mentioned earlier, is slogging through a 10-month visitation slump, you wouldn’t know it from March’s gaming-revenue numbers, which were 9% higher on the Las Vegas Strip ($574 million), although locals casinos took a 5% hit. Deutsche … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Colorado, Delaware, Downtown, Economy, Eldorado Resorts, Entertainment, Florida, Galaxy Entertainment, Harrah's, Illinois, Lake Tahoe, Laughlin, Macau, Melco Resorts & Entertainment, Mesquite, MGM Mirage, Mississippi, Nevada, New York, North Las Vegas, Ohio, Penn National, Reno, Rhode Island, Sheldon Adelson, Sociedade de Jogos de Macau, The Strip, Wall Street, West Virginia, Wisconsin, Wynn Resorts | 1 Comment

Elaine calls the shots; Now it’s Encore Boston Harbor

Posted on May 3, 2018 by David McKee

Wynn Resorts has been ceding to the wishes of Elaine Wynn of late but it got its back up when she demanded the removal of board member John Jay Hagenbuch. Ms. Wynn views him as a crony of her ex-husband … Continue reading →

Posted in Atlantic City, Colorado, Elaine Wynn, Eldorado Resorts, Entertainment, Florida, Foxwoods, Hard Rock International, International, Internet gambling, Isle of Capri, Macau, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, Moulin Rouge, Politics, Regulation, Revel, Steve Wynn, Tilman Fertitta, TV, Wynn Resorts | 3 Comments