Category Archives: MGM Mirage

Quote of the Day

Posted on October 31, 2013 by David McKee

“Obviously, there’s been an awful lot of activity and drama there. But we like the process, it’s been very transparent to us, and we believe there’s no reason why we will not be found suitable.” — MGM Resorts International CEO … Continue reading →

Posted in Massachusetts, MGM Mirage, Regulation | Comments Off on Quote of the Day

Falling upward in Nevada; MGM: The Lion meows

Posted on October 31, 2013 by David McKee

Helped by a wee bit of late-August slot revenue, Nevada posted a 7% revenue gain this month, for a $959 haul. The Strip performed spectacularly, up 13%, and Downtown edged 2% higher. Lake Tahoe vaulted 23% but Reno fell off … Continue reading →

Posted in Boulder Strip, CityCenter, Current, Downtown, Lake Tahoe, Laughlin, Macau, Mesquite, MGM Mirage, North Las Vegas, Reno, Sheldon Adelson, The Strip, Tourism, Transportation, Wall Street | Comments Off on Falling upward in Nevada; MGM: The Lion meows

Breaking Boyd

Posted on October 31, 2013 by David McKee

Boyd Gaming missed Wall Street expectations last quarter, posting negative earnings of eight cents a share, compared to the $0.01/share profit the Street was anticipating. Deutsche Bank‘s Carlo Santarelli blamed “softer-than-expected net revenues … below the low-end of management’s guidance.” Las … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Current, Downtown, Environment, Greenwood Racing, history, Iowa, Louisiana, Maryland, MGM Mirage, Ohio, Penn National, Wall Street | Comments Off on Breaking Boyd

MGM: A class act in Maryland; Sands’ convenient poll

Posted on October 29, 2013 by David McKee

MGM Resorts International‘s presentation last week to the Maryland Video Lottery Terminal Location Commission  lacked the smell of fear that Penn National Gaming exuded last week. Alluding to Penn’s offer to forfeit all profits and to creative accounting, MGM CEO Jim … Continue reading →

Posted in Cordish Co., Greenwood Racing, Internet gambling, Maryland, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Uncategorized | Comments Off on MGM: A class act in Maryland; Sands’ convenient poll

MGM’s, Wynn’s odds worsen in Massachusetts

Posted on October 28, 2013 by David McKee

Did anyone envision a scenario whereby all three of Massachusetts‘ casinos could be tribally owned? It could happen. Leaving aside the chance of expanded gambling in Connecticut, the prospect that MGM Resorts International will be weighed in the balance and … Continue reading →

Posted in Cordish Co., Entertainment, Foxwoods, Greenwood Racing, Harrah's, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Pansy Ho, Penn National, Regulation, Steve Wynn, The Strip, Tourism, Tribal | Comments Off on MGM’s, Wynn’s odds worsen in Massachusetts

Caesars tries to change the subject; Penn makes its case

Posted on October 23, 2013 by David McKee

As Caesars Entertainment skulks away from Massachusetts, tail between legs, a campaign of manufactured outrage continues to be mounted on its behalf. At its baseline is an attempt to minimize the reasons why the Massachusetts Gaming Commission was poised to … Continue reading →

Posted in Harrah's, Horseracing, Internet gambling, Maryland, Massachusetts, MGM Mirage, Penn National, Problem gambling, Regulation, Stanley Ho, The Mob | Comments Off on Caesars tries to change the subject; Penn makes its case

Santa Claus smiles upon Borgata; No reprieve for Suffolk

Posted on October 22, 2013 by David McKee

Christmas came early for Boyd Gaming and Kris Kringle wore the judicial robes of the Tax Court of New Jersey. “A silver lining to Atlantic City‘s fall from grace for casino operators: the tax bills are lighter when the going gets … Continue reading →

Posted in Atlantic City, Boyd Gaming, Hard Rock International, Harrah's, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Taxes, Wall Street | 1 Comment

Caesars: Fiasco in Boston

Posted on October 21, 2013 by David McKee

Suffolk Downs will be moving forward … without Caesars Entertainment. The track dropped Caesars like a bad habit over the weekend. Caesars tried to make it sound like the decision was its own. Spokesman Stephen Cohen threw a hissy fit, … Continue reading →

Posted in Hard Rock International, Harrah's, Illinois, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Problem gambling, Regulation, Slot routes, Steve Wynn, Wall Street | 2 Comments

What’s Steve Wynn thinking?; Best news of the week

Posted on October 18, 2013 by David McKee

If Steve Wynn is trying to talk himself out of contention in Massachusetts, he’s doing a good job of it. Yesterday, he told the Massachusetts Gaming Commission, “We’re scared to death — not that you won’t pick us, but that … Continue reading →

Posted in ABBA, Alex Yemenidjian, Current, Election, Entertainment, Macau, Massachusetts, MGM Mirage, New York, Regulation, Steve Wynn, The Strip | 2 Comments

Clean sweep in Maryland; Clobberin’ time in Albany

Posted on October 11, 2013 by David McKee

Not unsurprisingly, MGM Resorts International, Penn National Gaming and Greenwood Racing (owner of Philadelphia‘s Parx Casino) received the unanimous benediction of the Maryland Lottery & Gaming Control Commission this week. Since Penn already operates in the Free State, its approval … Continue reading →

Posted in Atlantic City, Massachusetts, MGM Mirage, New York, Penn National, Problem gambling, Regulation | Comments Off on Clean sweep in Maryland; Clobberin’ time in Albany

Casino explosion in the Far East

Posted on October 10, 2013 by David McKee

Now that they’ve seen what Macao and Singapore can do with casino resorts, practically everyone else in the Pacific Rim wants in. Gaming is already big business in the Philippines, but Lawrence Ho and others like him are convinced they … Continue reading →

Posted in Economy, Genting, Harrah's, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Singapore | Comments Off on Casino explosion in the Far East

Quote of the Day

Posted on October 9, 2013 by David McKee

“People just can’t believe the government can be as immature as they seem to be acting right now. We’re just hoping that adults get into the room and get something done.” — MGM Resorts International CEO Jim Murren, during a Bloomberg … Continue reading →

Posted in Current, MGM Mirage, Politics, TV | Comments Off on Quote of the Day

Florida: Clear as mud; MGM lands Lakers

Posted on October 9, 2013 by David McKee

So, the Florida Lege commissioned this $400,000 study of casino expansion and nobody can agree on what it means. Spectrum Gaming Group, which performed the survey, is having to explain why it projected so much more revenue when Genting Group … Continue reading →

Posted in Atlantic City, Delaware, Economy, Florida, Genting, MGM Mirage, Politics, Racinos, Sports, The Strip, Tribal | Comments Off on Florida: Clear as mud; MGM lands Lakers

Freeman flunks; Casino insecurity; Between a Hard Rock and a good deed

Posted on October 8, 2013 by David McKee

It’s a good thing that American Gaming Association President Geoff Freeman hightailed it to Barcelona this week to give a speech. During Global Gaming Expo, his signature achievement was to stake the AGA’s credibility on a Justin Timberlake movie. Freeman … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Charity, Delaware, Economy, Election, G2E, Hard Rock International, Harrah's, Indiana, Internet gambling, Massachusetts, MGM Mirage, Movies, New York, Penn National, Regulation, Taxes, The Strip, Tourism | Comments Off on Freeman flunks; Casino insecurity; Between a Hard Rock and a good deed

Big fellow on the Strip

Posted on October 8, 2013 by David McKee

I’m definitely feeling the love for MGM Resorts International, for its role in helping to save O.D., a giant sea turtle, by bringing him to Las Vegas. It’s feel-good story that will linger in your heart, whether or not it … Continue reading →

Posted in Animals, MGM Mirage, The Strip, Tourism | Comments Off on Big fellow on the Strip

Quote of the Day

Posted on October 7, 2013 by David McKee

“MGM [Resorts International] might have made a shrewd move disentangling themselves as there isn’t much other than the casino there right now. With all the other projects kicking off in Asia I doubt if it will become a class destination … Continue reading →

Posted in International, MGM Mirage | 1 Comment

D-Day for Mohegans, Penn; MGM restructures

Posted on October 2, 2013 by David McKee

In Massachusetts, initial approval will be granted or denied to Mohegan Sun and to Penn National Gaming as prospective operators. In both cases, it seems unlikely that the Massachusetts Gaming Commission with unearth any dead bodies. The focus will be … Continue reading →

Posted in CityCenter, Current, Dubai, Hard Rock International, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Regulation, The Strip, Wall Street | Comments Off on D-Day for Mohegans, Penn; MGM restructures

Massachusetts: The deadline that wasn’t

Posted on October 1, 2013 by David McKee

Yesterday was the day ultimate for filing casino applications in the state’s southeastern region. Kinda. Sorta. Maybe. Only KG Urban Enterprises actually bothered to file. Of course, the region is meant as a set-aside for the Mashpee Wampanoags … but … Continue reading →

Posted in Atlantic City, Cordish Co., Harrah's, Massachusetts, MGM Mirage, Penn National, Tribal | Comments Off on Massachusetts: The deadline that wasn’t

Busted!; Crystals off the block; Rumble in Macao

Posted on September 27, 2013 by David McKee

Archie Karas (real name Anargyros Karabourniotis), high roller and reputed casino cheat is cooling his butt in a Las Vegas jail cell right now. The advantage player is facing extradition on charges that he bilked Barona Casino out of eight grand … Continue reading →

Posted in CityCenter, Current, Economy, Foxwoods, Macau, Massachusetts, MGM Mirage, Sheldon Adelson, Stanley Ho, The Strip, Tribal | Comments Off on Busted!; Crystals off the block; Rumble in Macao

Murren woos Maryland; Downtown Grand shows promise

Posted on September 26, 2013 by David McKee

After hinting at a low-key design for his National Harbor casino proposal, MGM Resorts International CEO Jim Murren rolled out something fairly spectacular. The terraced, canopied design looks not a little futuristic and the Las Vegas Review-Journal was right to … Continue reading →

Posted in Architecture, Dining, Downtown, Hard Rock International, International, Maryland, MGM Mirage, Penn National, Sheldon Adelson, The Strip | 1 Comment