Category Archives: Pinnacle Entertainment

Atlantic City on the mend; Trump: Fish or cut bait?; Mike Ensign’s woes

Posted on May 25, 2011 by David McKee

My apologies for attenuated bloggery today but a swarm of deadlines presses upon me, including coverage of the demise of 104-year-old Huguette Clark, daughter of Sen. William A. Clark, from whom Clark County takes its name. You’ll find a lengthy … Continue reading →

Posted in Alex Yemenidjian, Architecture, Atlantic City, Boyd Gaming, Carl Icahn, Charity, CityCenter, Colony Capital, Current, Dan Lee, Dennis Gomes, Donald Trump, Downtown, Economy, Election, Environment, Harrah's, history, Isle of Capri, Marketing, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Planet Hollywood, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Wall Street | 4 Comments

Goett … Goett … gone

Posted on May 12, 2011 by David McKee

In addition to his core site of 100 acres across from M Resort, would-be Olympia Gaming mogul Gary Goett is also shopping around an additional 260 gaming-enabled acres directly to the north. Goett’s asking price? A cool million an acre, … Continue reading →

Posted in Boyd Gaming, Current, Downtown, Economy, Gary Goett, Herbst Gaming, International, Marketing, Mesquite, Michael Gaughan, North Las Vegas, Penn National, Pinnacle Entertainment, Sheldon Adelson, The Strip | 2 Comments

Trump’d

Posted on May 11, 2011 by David McKee

With his sham presidential “campaign” disintegrating faster than a hydrogen-filled zeppelin, inept casino operator Donald Trump‘s much-hyped Sunday announcement turns out to have been a put-on, too. Trump lackey Michael Cohen is still trying to pump air into the deflating … Continue reading →

Posted in Atlantic City, Cretins, Current, Donald Trump, Election, Marketing, Penn National, Phil Ruffin, Pinnacle Entertainment, Politics, Sheldon Adelson, The Strip, TV, Wall Street | 2 Comments

Isle answers your questions

Posted on April 28, 2011 by David McKee

In the wake of a March revenue report from Louisiana‘s casinos, a reader asked why the Crown Lake Charles and Grand Palais riverboats report revenues separately, despite being berthed cheek by jowl. My surmise was that they hold discrete licenses. … Continue reading →

Posted in Current, Dan Lee, history, Iowa, Isle of Capri, Pinnacle Entertainment | 2 Comments

Meet $2 Million Mike; The Big Easier

Posted on April 25, 2011 by David McKee

Casino podcasts (MGM Resorts International‘s in particular) have been razzed in the past for a lack of content. No such gripes about Las Vegas Sands‘ latest offering, 10 minutes in the company of COO Michael Leven (who derives his nickname … Continue reading →

Posted in Boyd Gaming, Current, Economy, Florida, Harrah's, International, Isle of Capri, Louisiana, Macau, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Singapore, Technology, The Strip, Tourism, Transportation, Wall Street | 3 Comments

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

Wynn hearts Pinnacle; Harrah’s demands aesthetic restraint

Posted on March 9, 2011 by David McKee

Now that former Mirage Resorts CFO Dan Lee is long gone from Pinnacle Entertainment, too, former Lee boss Steve Wynn seems to have changed his opinion about Pinnacle. While I (erroneously) thought that Pinnacle CEO Anthony Sanfilippo‘s erstwhile ties to … Continue reading →

Posted in Architecture, Atlantic City, Current, Dan Lee, Harrah's, Indiana, Internet gambling, Isle of Capri, Louisiana, Marketing, Missouri, Penn National, Pinnacle Entertainment, Planet Hollywood, Regulation, Steve Wynn, The Strip, Tourism, Wall Street | 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

Another one bites the dust

Posted on January 25, 2011 by David McKee

Whoever gets the three resort casinos that Gov. Deval Patrick (D) wants to bring to Massachusetts, it probably won’t be Fall River and it certainly won’t be the Mashpee Wampanoags. The city has pulled a controversial land deal with the … Continue reading →

Posted in Charity, CityCenter, Cosmopolitan, Current, Economy, Harrah's, International, Louisiana, Massachusetts, Pinnacle Entertainment, Politics, Regulation, South Carolina, The Strip, Tribal | 3 Comments

Upsizing Illinois

Posted on January 7, 2011 by David McKee

Or would “capsizing” be the right word? Late Thursday, Wells Fargo released a study of the effects on Illinois‘ casino market if a massive expansion backed by state Democrats goes through. They’re under the gun, since the whole issue gets … Continue reading →

Posted in Bally Technologies, Boyd Gaming, Current, Don Barden, Economy, Harrah's, IGT, Illinois, Indiana, Mississippi, Missouri, Neil Bluhm, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Wall Street, WMS Industries | 6 Comments

Illinois: No end in sight; Boyd gets some love

Posted on December 7, 2010 by David McKee

“So much for a [gross gaming revenue] stabilization,” sighed analyst Joseph Greff in a J.P. Morgan investor note, after Illinois‘ casino revenues dropped 7% in November. Whenever you think the Land of Lincoln’s casinos have hit bottom, they sink lower … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Harrah's, Illinois, Isle of Capri, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Politics, Taxes | 3 Comments

Isle’s comeback continues; What’s in a Mystic?

Posted on December 1, 2010 by David McKee

Congratulations to Isle of Capri Casinos, winner of Missouri‘s 13th and final casino license. This morning, the Missouri Gaming Commission voted in favor of Isle’s $125 million Cape Girardeau project. Although all rival projects were budgeted higher, favorite-son Isle’s standing … Continue reading →

Posted in Ameristar, Boulder Strip, CityCenter, Current, Dubai, Economy, Isle of Capri, MGM Mirage, Minnesota, Missouri, Penn National, Pinnacle Entertainment, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tribal, Tropicana Entertainment | 3 Comments

Pinnacle sees Kasich, raises him $45 million

Posted on December 1, 2010 by David McKee

Pinnacle Entertainment pushed $45 million worth of chips into the middle of the poker table that is Ohio last week. Buying River Downs is a seven-figure wager that Gov.-elect Jon Kasich will resume outgoing Gov. Ted Strickland‘s push for VLTs … Continue reading →

Posted in Economy, Election, International, Macau, MGM Mirage, Ohio, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Station Casinos, Tribal | Comments Off on Pinnacle sees Kasich, raises him $45 million

Harrah’s Lousiana Purchase?

Posted on November 8, 2010 by David McKee

According to an S&G source, Harrah’s Entertainment — soon to be Caesars Entertainment — is supposedly laying the groundwork for a purchase of L’Auberge du Lac from Pinnacle Entertainment. Harrah’s CEO Gary Loveman was supposedly on-property last month and L’Auberge’s … Continue reading →

Posted in Atlantic City, Current, Harrah's, Louisiana, Mississippi, Pinnacle Entertainment, The Strip, Wall Street | 2 Comments

Iowa is flat

Posted on November 4, 2010 by David McKee

Actually it’s not, if you’ve lived there (as I did for four wonderful years). However, Iowa‘s casino industry is, down one-tenth of a percent from October 2009. Actually, nine of the 17 non-tribal casinos recorded revenue increases, particularly the small … Continue reading →

Posted in Ameristar, Colorado, Cordish Co., Current, Economy, Election, Harrah's, Horseracing, Illinois, Indiana, Iowa, Isle of Capri, Laughlin, Maryland, Missouri, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, The Strip, Wall Street | 1 Comment

Election special: What’s at stake

Posted on October 21, 2010 by David McKee

100% devoid of Nevada-related content! Leaving aside a local advisory question in Richmond, California, there are four races to watch. Voters in Maine have blown hot and cold on casinos in their state. Next month they’ll weigh in on whether … Continue reading →

Posted in Ameristar, California, Cordish Co., Election, Isle of Capri, Maryland, Missouri, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Wall Street, West Virginia | 1 Comment

Kerkorian’s mixed message; Winners & Losers

Posted on October 13, 2010 by David McKee

Earlier this week, Hudson Securities analyst Robert LaFleur — something of a maverick in the gaming sector — voiced doubts about MGM Resorts International‘s ability to sustain its debt covenants. With an overhang of $13 million in debt, few properties … Continue reading →

Posted in Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Harrah's, International, Louisiana, M Resort, Macau, MGM Mirage, Morgans Hotel Group, Neil Bluhm, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Reno, Sheldon Adelson, The Strip, Tourism, Tribal, Vdara Death Ray, Wall Street | 4 Comments

Singapore: Our whales lose more than your whales!

Posted on October 12, 2010 by David McKee

Think you’re so big, Las Vegas? Well, Singapore just went all “In your face” on Sin City. One area tycoon recently blew $50 million at Marina Bay Sands and/or Resorts World Sentosa. Not to be outdone, a Singaporean zillionaire dropped … Continue reading →

Posted in Architecture, Boulder Strip, Economy, Entertainment, Environment, Genting, Goldman Sachs, Harrah's, Lake Tahoe, Missouri, Pinnacle Entertainment, Reno, Sheldon Adelson, Singapore, Tamares Group, The Strip | 2 Comments

Ameristar’s altruism … and so much more

Posted on October 6, 2010 by David McKee

Gaming regulators in Missouri got a little unsolicited advice from Ameristar Casinos as to where to put Casino License #13. Ameristar Vice President of Government Relations & Public Affairs Troy Stremming commissioned a study on the matter. Its shocking conclusion: … Continue reading →

Posted in Ameristar, Arizona, Atlantic City, Boyd Gaming, California, Colony Capital, Cretins, Current, Dennis Gomes, Economy, Genting, Harrah's, Horseracing, Isle of Capri, Louisiana, Macau, Marketing, MGM Mirage, Missouri, New York, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tourism, Tribal, TV, West Virginia | 5 Comments

Readers are genius

Posted on August 20, 2010 by David McKee

A big shout-out goes to the S&G subscriber who has the best solution yet for reviving interest in Atlantic City: “Just put the cast of Jersey Shore on view in glass cages on the Boardwalk (like the Snake Guy on … Continue reading →

Posted in Atlantic City, California, CityCenter, Current, Economy, Election, Entertainment, Marketing, Missouri, Pinnacle Entertainment, Regulation, The Strip, Tourism, TV | 5 Comments