Category Archives: Politics

Atlantic City: Christie’s coup d’etat

Posted on July 21, 2010 by David McKee

Last week, I tried to work up a piece entitled, “Atlantic City, R.I.P.” After all, the Boardwalk had just come off a catastrophic June, impacted by table games in Delaware. Since table games were in process of sweeping Pennsylvania, from … Continue reading →

Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Harrah's, history, Horseracing, International, Internet gambling, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Stanley Ho, Taxes, The Mob, Tourism | 6 Comments

Louisiana treads (oily) water

Posted on July 20, 2010 by David McKee

It’s a rare day when one can report that a casino market was down year/year but did better than expected. If you were looking for serious Deepwater Horizon spillover into June’s casino numbers, you’d be surprised. Statewide, casinos were -4.5% … Continue reading →

Posted in Ameristar, Boyd Gaming, Current, Dining, Economy, Environment, Harrah's, Harry Reid, Louisiana, M Resort, MGM Mirage, Penn National, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip, Wall Street | Comments Off on Louisiana treads (oily) water

Recovery? Not in the cards

Posted on July 19, 2010 by David McKee

Month after month of discouraging data from around the country makes it clear that any recovery in the casino industry is a long way off, perhaps years. Heck, just getting back to 2007 levels of prosperity doesn’t take into account … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Economy, Encore, Entertainment, Harrah's, Massachusetts, MGM Mirage, Morgans Hotel Group, Politics, Problem gambling, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tribal | 7 Comments

Sigma Derby, anyone?; No welcome mat for Wynn

Posted on July 16, 2010 by David McKee

Now from an unpleasant topic to a pleasant one: The oddball casino games that we like to play. For instance, I know we have a few fans of Sigma Derby in the house and MGM Grand obliges us by keeping … Continue reading →

Posted in Boulder Strip, Downtown, Entertainment, Horseracing, Massachusetts, Politics, Racinos, Regulation, Steve Wynn, Technology, The Strip | 5 Comments

Wynn Beantown?; Adelson likes it rough; “Chico Station,” etc.

Posted on July 15, 2010 by David McKee

“Two can play this game.” That’s the message coming from Steve Wynn. Since his former Philadelphia partners are now playing footsie with Harrah’s Entertainment, Wynn is turning his back on the City of Brotherly Love and shifting his gaze to … Continue reading →

Posted in Ameristar, Boyd Gaming, Environment, George Maloof, Harrah's, Horseracing, Macau, Marketing, Massachusetts, Missouri, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Sports, Station Casinos, Steve Wynn, Technology, The Strip, Tribal, TV | Comments Off on Wynn Beantown?; Adelson likes it rough; “Chico Station,” etc.

Quote of the Day

Posted on July 14, 2010 by David McKee

“Nevada itself would love to be receiving more revenue from casino gaming, but there’s precious little its legislators or governor can do to expand gambling in the state, save thinking good thoughts (although slot route operators would likely settle for … Continue reading →

Posted in Economy, Politics, Regulation, Slot routes | 2 Comments

Riviera: Non-story of the year

Posted on July 13, 2010 by David McKee

In what was 2010’s biggest foregone conclusion, Riviera Holdings filed bankruptcy yesterday. This has been coming a long time although the scanty news coverage leaves it unclear whether what’s taking place is the pre-packaged bankruptcy that would see the Riv … Continue reading →

Posted in Alabama, Animals, Boyd Gaming, CityCenter, Current, Economy, Election, International, Macau, MGM Mirage, Michael Gaughan, Pansy Ho, Politics, Regulation, Riviera, Sheldon Adelson, Silverton, Steve Wynn, The Strip, Tourism, TV, Wall Street | 3 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?

When her head stops spinning …

Posted on July 9, 2010 by David McKee

… where will Sharron Angle stand vis-a-vis the casino industry? She’s already raised the bogeyman of “undue [casino] pressure” — as opposed to “due pressure”? — in her now-scrubbed original Web site, which keeps coming back from the cyber-grave. The … Continue reading →

Posted in CityCenter, Current, Economy, Harry Reid, MGM Mirage, Politics, Sheldon Adelson, Taxes, The Mob, The Strip | 7 Comments

Sharron Angle, casino analyst

Posted on July 8, 2010 by David McKee

Reckless rhetoric. Last week, S&G called B.S. on senatorial aspirant Sharron Angle‘s faux solicitude for the unfinished casinos along the Strip. Turns out, if she had her way, there’d be at least one more: Aria, plus all the other components … Continue reading →

Posted in Boyd Gaming, CityCenter, Current, Donald Trump, Dubai, Economy, Election, Fontainebleau, Harrah's, Harry Reid, Marketing, MGM Mirage, Midnight Jim Gibbons, Phil Ruffin, Politics, Problem gambling, Regulation, Sheldon Adelson, Station Casinos, The Strip, Tourism, Transportation, TV | 6 Comments

New casino pitched for Massachusetts

Posted on July 7, 2010 by David McKee

Even though the Massachusetts state Senate has opted to go with destination casinos, Suffolk Downs racetrack is putting its chips on a racino-centric bill currently before the assembly. The track has three things going for it: proximity to Boston plus … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Horseracing, Macau, Massachusetts, Pennsylvania, Politics, Racinos, Sheldon Adelson | 2 Comments

Honey, I forgot the license!

Posted on July 2, 2010 by David McKee

Despite a record of failure, failure and even greater failure, three cronies of Pennsylvania Gov. Ed Rendell still have a chance of holding onto the comatose “Wynnwoods” casino project in Philadelphia. Somehow, Wynnwoods (officially known as Philadelphia Entertainment & Development … Continue reading →

Posted in Economy, Harrah's, Massachusetts, Pennsylvania, Politics, Regulation, Steve Wynn, Tribal, Wall Street | Comments Off on Honey, I forgot the license!

“Project Linq”

Posted on July 1, 2010 by David McKee

I’m not sure anybody but Gary Loveman could come up with such a preposterous handle as “Project Linq” (alas, not “Linc,” as in Clarence Williams III on the Mod Squad, although that would be pretty cool) for Harrah’s Entertainment‘s street … Continue reading →

Posted in Archon Corp., Current, Economy, Election, Harrah's, Marketing, Massachusetts, Politics, Sports, Taxes, The Strip, Tourism, Wall Street, World Series of Poker | 6 Comments

Quote of the Day

Posted on July 1, 2010 by David McKee

“Only in Massachusetts would we have a casino bill and try to build a politically correct casino. Have any of you people ever been to a casino, and [do you] understand what it takes for a casino to be successful … Continue reading →

Posted in Current, Massachusetts, Politics, Taxes | 3 Comments

Aqueduct: Then there were three

Posted on June 30, 2010 by David McKee

As the contentious racino contract for Aqueduct Racetrack is rebid, the field has narrowed to three suitors, all of whom are in enviable cash positions. Penn National Gaming‘s bankroll has taken on Holy Grail status, Genting Bhd has a money-spinner … Continue reading →

Posted in Atlantic City, California, Columbia Sussex, Cordish Co., Current, Election, Florida, Genting, Harrah's, history, Lake Tahoe, Maryland, Massachusetts, New York, Ohio, Penn National, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Reno, Taxes, Tribal | 1 Comment

Dick Cheney, casino headliner

Posted on June 29, 2010 by David McKee

It’s no joke. The ex-veep is part of a new entertainment regime at the Atlantic City Hilton. After nearly mismanaging the property into extinction, owner Colony Capital has given President Michael Frawley $20 million, which Frawley’s plowing into a new … Continue reading →

Posted in Atlantic City, Colony Capital, Dining, Economy, Entertainment, Marketing, Politics | 5 Comments

Penn’s door prize: toxic waste!

Posted on June 29, 2010 by David McKee

Penn National Gaming got a little something extra when it bought an old General Motors site for its Columbus, Ohio casino: 81 sites’ worth of toxic waste, so much sludge it takes 3,000 pages to catalog. Penn didn’t have to … Continue reading →

Posted in Colony Capital, Current, Detroit, Election, Entertainment, Environment, Harrah's, Massachusetts, MGM Mirage, Ohio, Penn National, Politics, Racinos, Regulation, Sahara, Technology, The Strip, Tribal, TV | 3 Comments

The casino Angle

Posted on June 29, 2010 by David McKee

Nevada senatorial aspirant Sharron Angle got off to an odd start a few weeks back by warning balefully of “unwarranted influence” from the casino industry. (Which is, after all, one of the Silver State’s two primary sources of revenue.) Then … Continue reading →

Posted in Current, Economy, Election, Harry Reid, Politics, Sports, Station Casinos, Taxes, The Strip | 6 Comments

Cool breeze from Macao; Harrah’s panty raid stymied

Posted on June 11, 2010 by David McKee

One of Stanley Ho‘s lieutenants has scanned the 2010 horizon and doesn’t like what he sees. Sociedade de Jogos de Macau division president Frank McFadden believes VIP play will soften in 3Q-4Q10, as stock-market losses take their toll (a viewed … Continue reading →

Posted in Current, Detroit, Economy, Harrah's, Harry Reid, James Packer, Kansas, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Politics, Regulation, Rhode Island, Sheldon Adelson, Stanley Ho, Steve Wynn | 6 Comments

“Yer money’s no good here”

Posted on June 10, 2010 by David McKee

Update: The “does not accept money from casinos and unions” verbiage was reinstated late today. (It’s way, way, waaaaaaaaaaaaaay down at the bottom of the page. So why is “perception, by voters [of] undue pressure” by casinos a problem? Nevada‘s … Continue reading →

Posted in Economy, Election, Harrah's, Harry Reid, Iowa, Isle of Capri, Movies, Penn National, Pennsylvania, Politics, Sheldon Adelson, Technology | 5 Comments