Category Archives: Ohio

Kasich’s sneaky “juice job”

Posted on May 13, 2011 by David McKee

This just in (thanks in large part to a timely Tweet from Howard Stutz of the Review-Journal) … One of Ohio Gov. John Kasich‘s costly casino consultants just got caught with its hand in the cookie jar. While Kasich piously … Continue reading →

Posted in Current, Economy, Harrah's, Ohio, Penn National, Politics, Racinos, Regulation | 2 Comments

Kasich screws casinos; Adelson screws the pooch

Posted on May 12, 2011 by David McKee

Our next-to-worst fears for Ohio have come to pass: Caesars Rock Ohio has temporarily pulled the plug on both its Cincinnati (above) and Cleveland casinos. It’s the latest escalation in a war between developers and state government, which wants to … Continue reading →

Posted in Cannery Casino Resorts, Current, Economy, Hard Rock Hotel, International, Kansas, Macau, Marketing, Ohio, Penn National, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, TV, Wall Street | 3 Comments

John Kasich, casino killer

Posted on May 3, 2011 by David McKee

Aw, isn’t this great? After Gov. John Kasich (R-OH) made the ludicrous claim that Ohio voters didn’t know what they were getting into when they approved a casino initiative in 2008, his legislative allies are trying to up the ante. … Continue reading →

Posted in Current, Economy, Election, Harrah's, history, Kentucky, Lyle Berman, MGM Mirage, Ohio, Penn National, Politics, Racinos, Regulation, Taxes, The Strip, Tribal, TV, Wall Street | 6 Comments

At the winner is … Isle of Capri; Big shakedown in Ohio

Posted on April 14, 2011 by David McKee

That ongoing Isle of Capri Casinos Comeback Tour comes to Nemacolin Woodlands Resort, which won Pennsylvania‘s final “resort casino” license earlier today. Situated in the greater Pittsburgh area, the rural getaway is owned by lumber tycoon (and “george” political donor) … Continue reading →

Posted in Economy, Election, Harrah's, Isle of Capri, M Resort, Maryland, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Taxes, TV, Wall Street, West Virginia | 6 Comments

Caught between a skank and a Hard Rock; Kasich vs. casinos

Posted on April 11, 2011 by David McKee

Morgans Hotel Group may have skedaddled out of Las Vegas, tail firmly between legs, but it’s not free of trouble linked to its calamitous Sin City sojourn. During Morgans stewardship of the Hard Rock Hotel & Casino, it offered $300,000 … Continue reading →

Posted in Cirque du Soleil, CityCenter, Economy, Entertainment, Florida, Harrah's, Illinois, Indiana, International, Internet gambling, Iowa, Louisiana, MGM Mirage, Morgans Hotel Group, Ohio, Penn National, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Uncategorized | 2 Comments

Woe on the North Strip

Posted on March 31, 2011 by David McKee

Owners of the Riviera and the Las Vegas Hilton published their respective annual reports and it wasn’t a good day for the north end of the Strip, where bargain-priced casinos fight a holding action against the market forces of the … Continue reading →

Posted in Colony Capital, Colorado, Current, Economy, Goldman Sachs, International, MGM Mirage, Ohio, Riviera, Sahara, Sheldon Adelson, The Strip, Tourism, Wall Street | Comments Off on Woe on the North Strip

Gimme, Gimme, Gimme

Posted on March 23, 2011 by David McKee

… some money after midnight: Evidently it’s not enough that gaming revenues and other casino-related retail taxes underwrite the State of Nevada. Lawmakers would extend a grubby mitt into the casino kitty and scoop up any unclaimed moolah. “[W]hy does … Continue reading →

Posted in ABBA, Cretins, Current, Donald Trump, Economy, Election, Horseracing, Louisiana, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Texas, TV, Wall Street | Comments Off on Gimme, Gimme, Gimme

Trains to nowhere?

Posted on March 14, 2011 by David McKee

Spurning of federal high-speed-rail money by governors like Rick Scott (R-FL), John Kasich (R-OH) and Scott Walker (R-WI) might mean some of the multibillion-dollar largesse would be rechanneled toward Sig Rogich‘s and Sen. Harry Reid‘s Desert Xpress, bound for Victorville, … Continue reading →

Posted in California, Florida, Harry Reid, Ohio, Transportation | 1 Comment

Good news from an unexpected source

Posted on March 10, 2011 by David McKee

Atlantic City hit the big 3-0 in February: 30 straight months on revenue declivity, says J.P. Morgan (31, according to Wells Fargo). However, the rate of decline (1.4%) was the smallest since April of last year. With Genting Bhd‘s racino … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Current, Dennis Gomes, Donald Trump, Economy, Genting, Harrah's, New York, Ohio, Penn National, Racinos, Tourism, Tropicana Entertainment | 1 Comment

Dan Lee’s revenge & comeuppance for Penn in Louisiana

Posted on February 17, 2011 by David McKee

While the casino industry suffers no shortage of big egos, Penn National Gaming CEO Peter Carlino zooms past that, heading full speed toward arrogance. When not trying to use the political process to sandbag its competitors, Penn occasionally builds casinos. … Continue reading →

Posted in Atlantic City, Current, Dan Lee, Economy, Kansas, Louisiana, M Resort, Missouri, Ohio, Penn National, Pinnacle Entertainment, Regulation, Texas, Wall Street | 9 Comments

Quote of the Day

Posted on February 17, 2011 by David McKee

“[Y]esterday Celine Dion showed up and Vegas groveled at her feet. When she first came here in 2003, people wondered about her ability to sell tickets at prices that sailed as high as her irritating voice. Now she is a … Continue reading →

Posted in Current, Economy, Entertainment, Harrah's, Ohio, The Strip | Comments Off on Quote of the Day

Philadelphia’s cup runneth under

Posted on February 16, 2011 by David McKee

Returning to yesterday’s theme of exaggerated expectations of gaming revenues (decanted by casino operators, quaffed uncritically by politicians) we have a glass half-full/half-empty report from Pennsylvania. The salient statistic is that, once five-month-old SugarHouse (left) is factored out, slot revenues … Continue reading →

Posted in Architecture, Cordish Co., Current, Economy, Harrah's, Macau, Maryland, Neil Bluhm, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tribal | 3 Comments

Gary Loveman … visionary?

Posted on February 15, 2011 by David McKee

At the risk of pumping additional hydrogen into his already zeppelin-sized ego, allow me to suggest that Caesars Entertainment CEO Gary Loveman, PhD. is actually onto something. But first would somebody clue him in that there has been casino gambling … Continue reading →

Posted in Architecture, Current, Economy, Entertainment, Florida, G2E, Harrah's, Jack Binion, Marketing, Neil Bluhm, Ohio, Penn National, Pennsylvania, Sheldon Adelson, Slot routes, Taxes, The Mob, The Strip, Tourism, Tropicana Entertainment, Wall Street | 2 Comments

A new “eye in the sky”?

Posted on February 4, 2011 by David McKee

Editor’s note: While I’m occupied on other fronts, guest blogger Alan Saway of software firm Quova takes up the slack, examining some of the infrastructural problems associated with Internet casinos. The Internet Gambling Enforcement Act (UIGEA) of 2006 prohibited online … Continue reading →

Posted in California, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Ohio, Politics, Regulation, Taxes, Technology, Tribal | 3 Comments

The sky is falling!

Posted on February 1, 2011 by David McKee

Or so you’d think, to hear the reaction to the news that Florida is contemplating bringing a micromanaged form of casino gambling to its fair shores. S&G readers are well rehearsed in the flaws of the bill being contemplated in … Continue reading →

Posted in Boyd Gaming, Current, Economy, Entertainment, Florida, Harrah's, Hawaii, history, Ohio, Sheldon Adelson, The Strip | 1 Comment

Deal ’em up in Cleveland

Posted on January 11, 2011 by David McKee

A Las Vegas dealer moving to Cleveland to teach prospective casino employees? That’s putting the blackjack shoe on the other foot. Used to be that people came to Vegas in pursuit of their dreams.

Posted in Current, Harrah's, Ohio, TV | Comments Off on Deal ’em up in Cleveland

‘Twere the Case Bets before Christmas

Posted on December 23, 2010 by David McKee

In the casino industry, everything was stirring, including the mice. Cordish’s revenge. It’s a dish best served by opening Cordish Gaming‘s controversial Arundel Mills gambling hall late next year with a temporary, one-year casino. That means karma comes early for … Continue reading →

Posted in Alex Yemenidjian, Animals, Cordish Co., Current, Downtown, Economy, Entertainment, G2E, Harrah's, Internet gambling, Macau, Maryland, MGM Mirage, Minnesota, Ohio, Penn National, Pennsylvania, Politics, Racinos, Singapore, The Mob, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street | Comments Off on ‘Twere the Case Bets before Christmas

Morning in Vegas? Karma 2, Penn Nat’l 0

Posted on December 21, 2010 by David McKee

Having been burned by a few too many “false positives” in terms of economic recovery, S&G is loath to get anyone’s hopes up. (And some remain skeptical.) However, another room-rate survey from J.P. Morgan provides license for optimism. As you … Continue reading →

Posted in Cosmopolitan, Economy, Election, Harrah's, Ohio, Penn National, Steve Wynn, Taxes, The Strip, Tourism, Wall Street | 4 Comments

Case Bets: Adelson vs. China; Cirque du Avatar? Indiana wallops Illinois

Posted on December 8, 2010 by David McKee

In a lengthy Asia Times dispatch, the reliable Muhammad Cohen runs through various scenarios about why the government of Macao would pull back two Cotai Strip™ sites from a ‘george’ investor like Las Vegas Sands. Since the acreage will probably … Continue reading →

Posted in Ameristar, Atlantic City, Cirque du Soleil, Colony Capital, Economy, Entertainment, Harrah's, Illinois, Indiana, Macau, MGM Mirage, Movies, Ohio, Penn National, Politics, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal | 3 Comments

What if Loveman spoke and nobody cared?

Posted on December 2, 2010 by David McKee

That’s pretty much what happened after the Caesars Entertainment CEO’s damp squib of a “keynote” (more like a footnote) address to the Global Gaming Expo faithful. The disorganized, sometimes incomprehensible jeremiad laid an Imperial Palace-sized egg. For instance, why aren’t … Continue reading →

Posted in Cordish Co., Election, Harrah's, Maryland, Massachusetts, Ohio, Penn National, Politics | Comments Off on What if Loveman spoke and nobody cared?