Category Archives: Politics

What a difference four years makes; Lowden follies

Posted on November 13, 2009 by David McKee

In the course of correcting the record about former North Las Vegas mayor — and current gubernatorial aspirant — Michael Montandon (R) on a different Web site, I had to cause to dust off an old press clipping. Back when … Continue reading →

Posted in Archon Corp., Boyd Gaming, Economy, Election, Gary Goett, North Las Vegas, Politics, Station Casinos | 1 Comment

Station vs. Richfield; Operation Showgirl; The Wayner, etc.

Posted on November 12, 2009 by David McKee

What made 130+ houses (and a clutch of apartment buildings) behind Palace Station so important that Station Casinos — currently busy sweating video poker play — was paying three and four times market value during a period when the Las … Continue reading →

Posted in Alex Yemenidjian, Archon Corp., Current, Economy, Harrah's, Harry Reid, Marketing, Politics, Station Casinos, TV | 8 Comments

Trouble in River City

Posted on November 9, 2009 by David McKee

In a shocking development that’s bound to set tongues a-wagging, Pinnacle Entertainment CEO Dan Lee has “resigned to pursue other business interests” (industry-speak for “Don’t let the doorknob hit you in the butt”). The buzz is that Pinnacle’s strategy was … Continue reading →

Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Current, Economy, Fontainebleau, Harrah's, Louisiana, Missouri, Pinnacle Entertainment, Planet Hollywood, Politics, Regulation, Station Casinos | 8 Comments

The evils of bingo; Wynn’s Aqueduct exit

Posted on November 5, 2009 by David McKee

America’s sixth-largest casino is in rural Alabama and it commands hotel prices comparable to CityCenter. Its 6,400 Class II devices mean that VictoryLand (above) is one gargantuan e-bingo hall. Due to the state’s patchwork set of laws, e-bingo is legal … Continue reading →

Posted in Alabama, Cretins, Current, Economy, Harrah's, International, Isle of Capri, Louisiana, New York, Pinnacle Entertainment, Politics, Racinos, Singapore, Steve Wynn, Taxes | 1 Comment

From the Twitter feed

Posted on November 4, 2009 by David McKee

@VegasFunFacts: “McCarran Airport was named after former NV Sen. Pat McCarran, known for his anti-communism and for lobbying fed funds and projects for NV.” (Translation: Choke on it, China-loving, guvmint-bashing Steve Wynn.) @jccarcamo: “Republicans on a special committee considering the … Continue reading →

Posted in CityCenter, Election, Florida, MGM Mirage, Politics, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Tribal | Comments Off on From the Twitter feed

Quote of the Day

Posted on November 4, 2009 by David McKee

“It’s pretty obvious that the Ohio electorate bought into the whole culture of despair that’s going on with the economy.” — casino opponent and Ohio Policy Roundtable member David Zanotti, bewailing last night’s ratification of Class III gambling in the … Continue reading →

Posted in Current, Economy, Election, Ohio, Penn National, Politics, Taxes | 1 Comment

Meet the new Cincinnati Kid

Posted on November 4, 2009 by David McKee

For our purposes, the main headline comes from Ohio, where Issue 3 passed amid heavy voter turnout — if not by the wide margin pollsters had forecast. (At least they didn’t screw the pooch like all those pollsters who had … Continue reading →

Posted in Atlantic City, Bally Technologies, Current, Economy, Election, Horseracing, IGT, Ohio, Penn National, Politics, Racinos, Regulation, Taxes, WMS Industries | 2 Comments

Case Bets: Kansas, Ohio & Singapore

Posted on November 3, 2009 by David McKee

Lyle Berman‘s casino project near Wichita is losing momentum. If you can’t afford to build even a 100-room hotel, times are dire indeed. Union Gaming‘s Bill Lerner makes the counter-argument that some casino is better than no casino. Raving Consulting … Continue reading →

Posted in Current, Genting, Kansas, Ohio, Penn National, Politics, Sheldon Adelson, Singapore, Tourism | 1 Comment

Quote of the Day

Posted on October 31, 2009 by David McKee

“What [Steve] Wynn forgets is that his tired old trickle-down-and-deregulate song-and-dance is exactly what got us into this fine mess in the first place.” — Las Vegas CityLife Managing Editor Andrew Kiraly, on Wynn’s reinvention as a political pundit. CityLife … Continue reading →

Posted in Economy, Entertainment, Labor, Politics, Regulation, Steve Wynn | Comments Off on Quote of the Day

They’re just wild about Harry

Posted on October 30, 2009 by David McKee

Despite his (at best) tepid standing with the Nevada electorate — whether the right or the left — Sen. Harry Reid (D) has almost every important name in the casino industry in his corner. Sheldon Adelson may yet choose to … Continue reading →

Posted in Archon Corp., Cordish Co., Economy, Election, Entertainment, Harrah's, Harry Reid, International, Macau, Maryland, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Taxes, TV, Wall Street | Comments Off on They’re just wild about Harry

Case Bets: ColSux, Wynn, Agassi, Lake LV, ‘Vega$’

Posted on October 30, 2009 by David McKee

Proverbial “flu-like symptoms” have me feeling light-headed and rather woozy (a delayed reaction to Wayne Newton?), for which the doctor prescribes a dosage of Case Bets … Another ColSux sale: Struggling hotelier Columbia Sussex has, for the not-inconsiderable sum of … Continue reading →

Posted in Columbia Sussex, Current, Dining, Downtown, Encore, Iowa, Lake Las Vegas, Louisiana, Oscar Goodman, Politics, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, TV | 3 Comments

Quote of the Day

Posted on October 27, 2009 by David McKee

“The environment in China is much more free than here. Do they feel they are being deprived of their human rights? No.”  — Steve Wynn, doing his best Sheldon Adelson impersonation.

Posted in Current, International, Macau, Politics, Sheldon Adelson, Steve Wynn | 2 Comments

Quote of the Day

Posted on October 20, 2009 by David McKee

"I'd like to keep one strip of that airport as an airport. I think it closed prematurely. I think greed went nuts." — Atlantic City mayoral candidate Joseph Polillo (I), on what to do with Bader Field. Incumbent Mayor Lorenzo … Continue reading →

Posted in Atlantic City, Election, Politics, Tourism, Transportation | Comments Off on Quote of the Day

MGM: CityCenter worth $4.88 billion

Posted on October 20, 2009 by David McKee

MGM Mirage has announced that it's writing off approximately $1.3 billion (i.e., taking an "impairment charge") against CityCenter, with $348 million of that chalked up to falling real estate values. (Some $174 million of that will apparently be fobbed off … Continue reading →

Posted in CityCenter, Columbia Sussex, Current, Economy, Kansas, MGM Mirage, Missouri, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Taxes, Tourism, Transportation, Wall Street | Comments Off on MGM: CityCenter worth $4.88 billion

Goliath, computer nerd; Lowden Trek: The Wrath of Reid

Posted on October 20, 2009 by David McKee

As some may recall, the saga of Goliath, the LVA rescue kitten, had a happy ending. Not only has he found a new, loving home but the hyperactive little fellow (whose new owners renamed him "Murderface") has developed an interest … Continue reading →

Posted in Animals, Downtown, Election, Harry Reid, Laughlin, Pets, Politics, Tamares Group | Comments Off on Goliath, computer nerd; Lowden Trek: The Wrath of Reid

Only in Nevada

Posted on October 16, 2009 by David McKee

To end the week on a note of levity: For the second time this year, both Gov. Jim Gibbons and Lt. Gov. Brian Krolicki got it into their heads to be out of state simultaneously. (One senses that they don't … Continue reading →

Posted in Current, Election, Harry Reid, Marketing, MGM Mirage, New York, Politics, Sheldon Adelson, The Strip | Comments Off on Only in Nevada

Case Bets: Reid, Goodman, Madison (Holly) & a kegger

Posted on October 12, 2009 by David McKee

As they say on Dancing with the Stars, in no particular order … Eight against Harry: For a speedy primer on the myriad challengers to Sen. Harry Reid (D-NV), you can't go wrong with Jon Ralston's droll and speedy primer. … Continue reading →

Posted in Downtown, Economy, Election, Entertainment, Environment, Harry Reid, Oscar Goodman, Politics, Steve Wynn, Technology, TV | Comments Off on Case Bets: Reid, Goodman, Madison (Holly) & a kegger

East Coast antics

Posted on October 12, 2009 by David McKee

Wrong again. There I was, thinking the proposed $10 million upfront fee for table games in Pennsylvania was a done deal when the GOP-controlled state Senate upped it to $15 million (and if you don’t pay by June 1, it … Continue reading →

Posted in CityCenter, Economy, Entertainment, Environment, Harrah's, Horseracing, MGM Mirage, Penn National, Pennsylvania, Politics, Racinos, Steve Wynn, Taxes, The Strip, Tribal | Comments Off on East Coast antics

Case Bets: Reid, Goodman, Madison (Holly) & a kegger

Posted on October 12, 2009 by David McKee

As they say on Dancing with the Stars, in no particular order … Eight against Harry: For a speedy primer on the myriad challengers to Sen. Harry Reid (D-NV), you can't go wrong with Jon Ralston's droll and speedy primer. … Continue reading →

Posted in Downtown, Economy, Election, Entertainment, Environment, Harry Reid, Oscar Goodman, Politics, Steve Wynn, Technology, TV | Comments Off on Case Bets: Reid, Goodman, Madison (Holly) & a kegger

What's a Trump casino worth?

Posted on October 8, 2009 by David McKee

Only $14 million in cash (plus a $100 million equity infusion), according to The Donald. Bondholders say, we’ll see your $115 million and raise you $100 million. The latter would recoup at least some — but not very much — … Continue reading →

Posted in Atlantic City, Baseball, Current, Donald Trump, Fontainebleau, Harrah's, Harry Reid, Horseracing, Illinois, International, Internet gambling, Lawrence Ho, M Resort, Macau, Massachusetts, Melco Crown Entertainment, Neil Bluhm, Ohio, Oklahoma, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Sports, Station Casinos, Steve Wynn, Taxes, Texas, Tribal | Comments Off on What's a Trump casino worth?