Category Archives: Mississippi

All systems go at Trop … but more trouble on Paradise

Posted on November 3, 2010 by David McKee

As new owner Onex Corp. continues with a full-court press of renovations, the Nevada Gaming Control Board has given the new ownership consortium its thumbs-up. The makeover has continued apace since my visit in June. An inside look at details … Continue reading →

Posted in Alex Yemenidjian, CityCenter, Cosmopolitan, Detroit, Dining, Downtown, MGM Mirage, Mississippi, Morgans Hotel Group, Regulation, Riviera, The Strip, Tourism | 3 Comments

Jump le sharque: Cirque bombs in Macao

Posted on September 28, 2010 by David McKee

After sinking a reported $150 million into Cirque du Soleil‘s Zaia, Las Vegas Sands may find itself in possession of a very expensive “loss leader.” According to The Australian, “attendances [sic] have been poor and tickets have been heavily discounted.” … Continue reading →

Posted in Atlantic City, Cirque du Soleil, Current, Detroit, Economy, Entertainment, International, James Packer, Lawrence Ho, Louisiana, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Pennsylvania, Sheldon Adelson, Steve Wynn, Tourism, Wall Street | Comments Off on Jump le sharque: Cirque bombs in Macao

Barrack 1, Bankers 0; Criminal stupidity

Posted on September 24, 2010 by David McKee

A skirmish over the fate of the Atlantic City Hilton ended in victory for Colony Capital. A Superior Court judge decided there were too many unresolved issues in the dissolution of Colony’s East Coast casino portfolio to warrant taking the … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Colony Capital, Columbia Sussex, Current, Economy, Harrah's, Horseracing, International, Lake Tahoe, Marketing, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Sports, Station Casinos, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street | 1 Comment

M life … an insurance company?

Posted on August 31, 2010 by David McKee

Editor’s note: While I’m busy with other projects, S&G will be hosting a few guest bloggers. First up is Detroit_1051, who noted some discrepancies in the way MGM Resorts International handles its frequent-player program … A friend opened her mail … Continue reading →

Posted in CityCenter, Detroit, Dining, Marketing, MGM Mirage, Mississippi, The Strip, Tourism | 2 Comments

Mothers of invention; Fernwood 2night

Posted on August 24, 2010 by David McKee

“Stacked” casino floors are a rarity in Las Vegas, usually necessitated by a limited footprint. That’s certainly the case with the Cosmopolitan, jimmied into a narrow slot just north of CityCenter (and often mistaken for part of that complex). However, … Continue reading →

Posted in Ameristar, Architecture, Cannery Casino Resorts, CityCenter, Cosmopolitan, Current, Dining, Economy, Entertainment, Harrah's, history, Isle of Capri, MGM Mirage, Mississippi, Missouri, Penn National, Pennsylvania, Regulation, Steve Wynn, The Strip, Tourism | 3 Comments

Barbour’s futile tilt?

Posted on July 27, 2010 by David McKee

It’s not just Mississippi Gov. Haley Barbour who opposes a planned Choctaw Indian casino in upstate Laurel (birthplace of soprano Leontyne Price). Several other Bayou State bigwigs have expressed displeasure. Now the governor’s taking the Choctaws to court, although it’s … Continue reading →

Posted in Current, Election, Florida, history, Mississippi, Regulation, Tribal | 7 Comments

Your questions, answered

Posted on July 16, 2010 by David McKee

Paul Shanahan writes (in part): I think Fontainebleau would have looked much better if it was around 500 feet high instead of being close to 730 feet. It looks bulky and just kind of bizarre down there at the north … Continue reading →

Posted in Architecture, Atlantic City, Current, Donald Trump, Environment, Fontainebleau, Harrah's, Massachusetts, Michael Gaughan, Mississippi, Ohio, Racinos, Sheldon Adelson, Steve Wynn, The Mob | 5 Comments

Margaritaville on the rocks

Posted on July 15, 2010 by David McKee

Long-serving — and long-suffering — Biloxi Mayor A.J. Holloway has lost patience with Harrah’s Entertainment. He is convinced that the metamorphosis of Grand Casino Biloxi into Margaritaville Casino is kaput and that Harrah’s will tear down what little it has … Continue reading →

Posted in Ameristar, Animals, Archon Corp., Atlantic City, Boyd Gaming, Carl Icahn, Charity, Current, Donald Trump, Economy, Encore, Environment, Fontainebleau, George Maloof, Harrah's, Holy Cow, Indiana, International, Louisiana, MGM Mirage, Mississippi, Movies, Pennsylvania, Pets, Phil Ruffin, Planet Hollywood, Plaza, Riviera, Sahara, Sports, Steve Wynn, The Strip, Tourism, TV, Wall Street | 5 Comments

Harrah’s checkmates Philly?

Posted on July 12, 2010 by David McKee

That $67 million note Harrah’s Entertainment holds on the site of the Foxwoods Wynn Resorts [your casino here] site in Philadelphia is turning out to be mighty valuable. The gambling giant is looking to roll that I.O.U. into an equity … Continue reading →

Posted in Current, Don Barden, Donald Trump, Harrah's, Mississippi, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Steve Wynn, Tribal | Comments Off on Harrah’s checkmates Philly?

Around the horn

Posted on July 8, 2010 by David McKee

Iowa‘s casino revenues last month were nearly the textbook definition of “flat”: up a tenth of a percent, the first revenue-positive month since February 2009. (Hey, growth is growth. We’ll take it.) The drag anchor on revs was Harrah’s Entertainment, … Continue reading →

Posted in Ameristar, Boyd Gaming, Carl Icahn, CityCenter, Current, Detroit, Don Barden, Economy, Entertainment, Harrah's, Horseracing, Illinois, Indiana, International, Iowa, Isle of Capri, Macau, MGM Mirage, Mississippi, Missouri, Pansy Ho, Penn National, Pinnacle Entertainment, Racinos, Regulation, Stanley Ho, Tribal, Tropicana Entertainment, TV | 2 Comments

Still catching up in Margaritaville

Posted on June 28, 2010 by David McKee

Eight days of vacation have left me deep in the hole, research-wise, so I hope you’ll forgive the slender output of recent days whilst I plough through dozens — if not a hundred or more — of unread news stories, … Continue reading →

Posted in Current, Economy, Harrah's, Mississippi, Sheldon Adelson, The Strip, Wall Street | Comments Off on Still catching up in Margaritaville

Quote of the Day

Posted on June 25, 2010 by David McKee

“This is the first time anything vaguely like this has ever happened.” — Mississippi Gov. Haley Barbour, pooh-pooh-ing Deepwater Horizon in the June 19 New York Times and displaying the benefits of a short-term memory. Barbour, who’s normally a sharp … Continue reading →

Posted in Current, Environment, Mississippi, Tourism | 1 Comment

The best Deepwater Horizon commentary yet

Posted on June 11, 2010 by David McKee

While the obscenity known as Deepwater Horizon continues to hover ominously near the Gulf Coast of Mississippi, it remains one of those subjects so depression- and despair-inducing that even I can’t bear to write about it. (“Enjoy the resort offerings … Continue reading →

Posted in Current, Economy, Entertainment, Environment, MGM Mirage, Mississippi | 4 Comments

Gulf Coast: Oh $#!%!

Posted on June 1, 2010 by David McKee

This just in: Blobs of tar are washing up on Mississippi‘s Gulf Coast shoreline and an oil slick has been spotted to the south of Pascagoula. It’s not the total wipeout for coastal casinos that was Hurricane Katrina but it’s … Continue reading →

Posted in Current, Environment, Mississippi | Comments Off on Gulf Coast: Oh $#!%!

Case Bets: Station, Macao, Maryland, Missouri, Mississippi, Encore 2x, etc.

Posted on June 1, 2010 by David McKee

$864.5 million: That’s the magic number if you want to put in an opening bid on 11 Station Casinos properties (plus unspecified land and some tribal-casino-management contracts) come Aug. 6. Boyd Gaming‘s already made it clear that it’s good for … Continue reading →

Posted in Ameristar, Bally Technologies, Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, Encore, Entertainment, Harrah's, Horseracing, International, Isle of Capri, Macau, Maryland, Mississippi, Missouri, Ohio, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Tribal, Wall Street | 1 Comment

How big is Deepwater Horizon?; How solvent is Archon?

Posted on May 28, 2010 by David McKee

This weekend, millions are fleeing a disaster of biblical proportions — I speak not of the epochal Deepwater Horizon spill but of Sex and the City 2. However, while we’re on the subject, Gulf Coast casinos can take at least … Continue reading →

Posted in Archon Corp., Current, Economy, Election, Entertainment, Environment, Laughlin, Louisiana, Mississippi, Movies, Politics, Station Casinos, Technology, The Strip | 4 Comments

The Ribis Factor

Posted on May 21, 2010 by David McKee

Today’s a hectic one: four bylines due and not much time for S&G. However, I am the beneficiary of some number-crunching conducted by a reader, who’s been following the decline and fall of Colony Capital‘s two Atlantic City casinos under … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Entertainment, George Maloof, Harrah's, Marketing, Mississippi, Planet Hollywood, Politics, Racinos, Taxes, The Strip, Wall Street | Comments Off on The Ribis Factor

While Atlantic City burns …

Posted on May 7, 2010 by David McKee

While Atlantic City burns, Gov. Chris Christie fiddles. After coming into office saying the right things about helping the state’s casino industry, Christie has spent most of first months in office dithering uselessly. Having waited until A) the Revel project … Continue reading →

Posted in Alabama, Atlantic City, CityCenter, Colony Capital, Current, Dining, Donald Trump, Economy, Election, Environment, Harrah's, Louisiana, MGM Mirage, Mississippi, Pennsylvania, Planet Hollywood, Politics, Regulation, Steve Wynn, The Strip, Tourism, Tribal, Wall Street | 4 Comments

Quote of the Day

Posted on May 4, 2010 by David McKee

“[Steve] Wynn does business in Las Vegas, where Gaming Inc. pays a 6.75 percent tax rate and casino bosses bray like thunderstruck donkeys when someone reminds them Mississippi casinos pay 8 percent, Atlantic City casinos contribute 9[%], and Louisiana riverboats … Continue reading →

Posted in Atlantic City, Louisiana, Macau, Mississippi, Steve Wynn, Taxes | Comments Off on Quote of the Day

Harrah’s robbing Peter to buy Paul

Posted on April 15, 2010 by David McKee

When executives of Harrah’s Entertainment credit “hard-nosed” negotiating tactics for their success is reducing the company’s preposterous debt level, one suspects that threats of default and bankruptcy serve as the rhetorical equivalents of the rubber hose and brass knuckles. It’s … Continue reading →

Posted in Archon Corp., Current, Economy, Entertainment, Harrah's, International, Internet gambling, Macau, Mississippi, Planet Hollywood, Politics, Regulation, Riviera, The Strip, Wall Street, World Series of Poker | Comments Off on Harrah’s robbing Peter to buy Paul