Category Archives: Nevada

Possible breakthrough in Mandalay Bay shootings; Trump Int’l rated a “s***hole”

Posted on January 17, 2018 by David McKee

Authorities are hinting about an indictment coming down in the Mandalay Bay massacre but are being coy as to whom it will target. Information released thus far by those investigating the crimes suggests that — despite having been out of … Continue reading →

Posted in Centaur Gaming, Donald Trump, Economy, Florida, Fontainebleau, Genting, Harrah's, IGT, Indiana, Law enforcement, Mandalay Bay Massacre, MGM Mirage, Nevada, Racinos, Sports, Technology, The Strip, West Virginia | Comments Off

Carnage in Pennsylvania; Fortune Cup takes on Sigma Derby

Posted on January 15, 2018 by David McKee

*Slot revenues at Pennsylvania casinos are in and if JP Morgan‘s numbers are correct they were terrible. According to Morgan analysts slot winnings dove 27%, bottoming out at $187.5 million. Worst off was Sands Bethlehem ($25 million), sinking 44%, followed … Continue reading →

Posted in Boyd Gaming, Dan Gilbert, Delaware, Detroit, Eldorado Resorts, GLPI, Greenwood Racing, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Minnesota, Neil Bluhm, Nevada, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Sheldon Adelson, Sports, Station Casinos, Taxes, Technology, Tourism, Tribal, Wall Street, West Virginia | Comments Off

Caesars ruins Atlantic City’s Christmas; Abandon ship

Posted on January 15, 2018 by David McKee

December put a bit of a chill on the Atlantic City casino economy, down 2% for the month, with an overall gross of $186 million. Over by the fireplace, Internet gambling was nice and warm, up 13%. Slot revenues were … Continue reading →

Posted in Atlantic City, Dining, Florida, Glenn Straub, Harrah's, Internet gambling, Kazuo Okada, Law enforcement, MGM Mirage, Mohegan Sun, Nevada, Regulation, Revel, Security, The Strip, Tilman Fertitta, Tropicana Entertainment, TV | Comments Off

Beauregard the Buzzkill; Arkansas tries for casinos

Posted on January 9, 2018 by David McKee

Attorney General Jefferson Beauregard Sessions has detected that Americans are enjoying themselves and it’s got to stop, forthwith. He’s declared war on marijuana-friendly laws across this great land, misguidedly making loco weed his department’s top law-enforcement priority. Beauregard is flying … Continue reading →

Posted in Arkansas, Boyd Gaming, Colorado, Dan Gilbert, Eldorado Resorts, Election, Hard Rock International, Law enforcement, Macau, Marijuana, Melco Resorts & Entertainment, Nevada, Ohio, Penn National, Pinnacle Entertainment, Problem gambling, Regulation, Sociedade de Jogos de Macau, Sports, The Strip, Tribal | Comments Off

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

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

Atlantic City: There’s life after Trump; Bluhm dominates in Pennsylvania

Posted on December 14, 2017 by David McKee

Finally liberated from year/year comparisons that included the dying Trump Taj Mahal, casinos in Atlantic City experienced 3% revenue growth last month. Internet gambling did even better, leaping 20%. For the lifetime of ‘Net betting in New Jersey, this brings … Continue reading →

Posted in Animals, Atlantic City, Carl Icahn, Delaware, Greenwood Racing, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, Movies, Neil Bluhm, Nevada, Pennsylvania, PokerStars, Politics, Racinos, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off

A taxing topic … but mostly good for gaming

Posted on December 5, 2017 by David McKee

As the Trump administration’s tax bill heads into the reconciliation process, it could spark a new era of fiscal responsibility. That’s if corporations behave as they are predicted to do in this analysis. It forecasts that, with the slashing of … Continue reading →

Posted in Atlantic City, California, Current, Economy, Harrah's, Illinois, Macau, Marketing, MGM Mirage, Nevada, Palms, Pennsylvania, Station Casinos, Taxes, The Strip, Tourism, Wall Street | Comments Off

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

The Main Event; Macao roars

Posted on December 1, 2017 by David McKee

Monday is the big day: Oral arguments in the Supreme Court over Christie v. NCAA. It’s an understatement to say the gaming industry is getting pretty excited over the hearing, which is expected to lead to a rejection of the … Continue reading →

Posted in Baseball, Economy, history, International, Internet gambling, Macau, Mississippi, Nevada, Problem gambling, Regulation, Sheldon Adelson, Sports, Steve Wynn, Wall Street | Comments Off

Caesars bets on Hoosier tracks; Trump precedent revisted

Posted on November 20, 2017 by David McKee

Centaur Gaming, benefactor of Mike Pence (not that it did them any good), is back in the news. Caesars Entertainment already owns the two most lucrative casinos in Indiana, is doubling down on its commitment to the Hoosier State. By … Continue reading →

Posted in Atlantic City, CityCenter, Donald Trump, Economy, Harrah's, Indiana, Iowa, Nevada, Racinos, Regulation, Tourism, Transportation, Tribal, Wisconsin | 1 Comment

Reno’s bright future; All-time high for Vegas sports books

Posted on November 3, 2017 by David McKee

We love Reno. It has a river in the middle of downtown, nearby mountains and all the charm that Las Vegas so desperately lacks. It also had a gambling market that was written off for dead 15 years ago. Times … Continue reading →

Posted in Economy, Eldorado Resorts, International, Nevada, Oklahoma, Paragon Gaming, Pennsylvania, Politics, Reno, Sports, Station Casinos, Taxes, Tribal, Wall Street | 1 Comment

Strip waxes, LV locals wane; Caesars sticks it to you

Posted on October 31, 2017 by David McKee

Gaming revenues inched up 3% in Nevada last August, while the Las Vegas Strip was up 5%, to $568 million. JP Morgan analyst Joseph Greff wrote that the latter implied “strong 3Q for MGM table games given WYNN and LVS’ combined 3Q … Continue reading →

Posted in Boulder Strip, Downtown, Economy, Entertainment, Genting, Greenwood Racing, Harrah's, International, Internet gambling, Lake Tahoe, Laughlin, Mesquite, MGM Mirage, Nevada, North Las Vegas, Pennsylvania, Regulation, Reno, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | Comments Off

Strange bedfellows indeed; Massachusetts responds to Vegas massacre

Posted on October 17, 2017 by David McKee

Ex-Indiana Gov. Mike Pence‘s anti-casino past came back to bite him in the keester this week. A lengthy exposé reveals that, even as Pence was publicly posturing about “no expansion of gaming” in Indiana — although Pence never clearly defined … Continue reading →

Posted in Atlantic City, California, Centaur Gaming, Charity, Delaware, Donald Trump, e-sports, G2E, Gary Goett, Indiana, Internet gambling, Mandalay Bay Massacre, Maryland, Massachusetts, Nevada, Politics, Regulation, Sheldon Adelson, Station Casinos, Technology, Tribal | Comments Off

Firebugs in Macao; New slots at Harrah’s

Posted on September 27, 2017 by David McKee

Already slowed by construction fatalities, jinx-prone Grand Lisboa Palace has now been ravaged by fire. The best that CEO Angela Leong could say about the casino’s late-2018 opening date was that it was now uncertain. Sociedade de Jogos de Macau … Continue reading →

Posted in Arizona, Atlantic City, California, Economy, GameCO, Harrah's, Macau, Massachusetts, MGM Mirage, Nevada, Sociedade de Jogos de Macau, Technology, Tribal | Comments Off

Trying again in Kentucky; Trump Taj goes tits up

Posted on September 21, 2017 by David McKee

Casinos and Kentucky politicians have been like oil and water. But there’s nothing like a pension-fund crisis to focus people’s attention and the Bluegrass State faces a $33 million shortfall on its obligations. Hence a proposal for “limited” casino gambling, … Continue reading →

Posted in Atlantic City, Dan Gilbert, Detroit, Dining, Economy, Election, Hard Rock International, Indiana, Kentucky, Marijuana, Nevada, Ohio, Politics, Racinos, Taxes, TV | 1 Comment

MGM Bridgeport … ?!?; Battle lines drawn in Maine

Posted on September 20, 2017 by David McKee

Poor MGM Springfield. It’s not even finished and MGM Resorts International is already off on a snipe hunt in Connecticut. Like Steve Wynn many years ago, it is proposing a casino for Bridgeport. MGM says it is prepared to invest … Continue reading →

Posted in e-sports, Economy, Election, Foxwoods, history, Maine, Marketing, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Politics, Regulation, TV | Comments Off

Strip disappoints, locals casinos dominate; Indiana ignores tribal casino

Posted on August 30, 2017 by David McKee

Poor table play punished the Las Vegas Strip last month, driving revenues down 8%. Locals casinos, by contrast, were up 13%, possibly helped by some end-of-June coin lingering in the slot hoppers. But, if so, what’s the Strip’s excuse for … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Charity, Downtown, Economy, Environment, Harrah's, Indiana, International, Japan, Lake Tahoe, Laughlin, Lawrence Ho, Louisiana, Macau, Majestic Star, Marketing, MGM Mirage, Missouri, Nevada, North Las Vegas, Pansy Ho, Pennsylvania, Regulation, Reno, Sheldon Adelson, Taxes, The Strip, Tribal, West Virginia | Comments Off

Odds move toward Mayweather; MGM coy about Cotai plans

Posted on August 25, 2017 by David McKee

As Las Vegas gears up for the Floyd Mayweather/Conor McGregor clash of the tomato cans, rationality is starting to manifest itself in the betting lines. Several large wagers — two as big as $1 million — presumably from ‘sharps,’ began hitting … Continue reading →

Posted in Macau, Marijuana, MGM Mirage, Missouri, Nevada, Oklahoma, Regulation, Sports, Taxes, The Strip, Tribal, Westgate LV | Comments Off

Of clowns and hackers

Posted on July 25, 2017 by David McKee

If you miss the old Boardwalk Casino on the Las Vegas Strip (which died so that CityCenter could live; they don’t call it “City Cemetery” for nothing) and have $900,000 under the sofa cushions, do we have a deal … Continue reading →

Posted in Architecture, CityCenter, history, Nevada, Technology, The Strip | Comments Off