Category Archives: Regulation

Quote of the Day

Posted on October 21, 2010 by David McKee

“At each turn, our state leaders abdicated their public duty, failed to impose ethical restraints and focused on political gain at a cost of millions to New Yorkers. Shamefully, the public’s best interest was a matter of militant indifference to … Continue reading →

Posted in Genting, New York, Politics, Racinos, Regulation | Comments Off on Quote of the Day

Strange bedfellow

Posted on October 20, 2010 by David McKee

Animus by casino dealers toward tip-confiscation by Steve Wynn is causing them to embrace this piece of work … Yeah, that’s a serious ad, not comedy skit. Travis Barrick likes to give the impression that he’d have busted that mean … Continue reading →

Posted in Current, Election, Politics, Regulation, Steve Wynn, The Strip | 2 Comments

Harrah’s on new spending spree

Posted on October 18, 2010 by David McKee

As predicted and dreaded by skeptical bond analysts, proceeds from Harrah’s Entertainment‘s semi-IPO of 17% of the company, it has been officially disclosed, will be rolled into retail therapy for CEO Gary Loveman. An anticipated $575 million will be used … Continue reading →

Posted in Colony Capital, Current, Economy, Entertainment, Fontainebleau, George Maloof, Harrah's, Ohio, Penn National, Pennsylvania, Regulation, The Strip, TV, Wall Street | 1 Comment

Macao: The fine art of spin

Posted on October 14, 2010 by David McKee

No wonder Steve Wynn and Sheldon Adelson love it in China. Where else are you going to find such a compliant media, able to extract a silver lining from the darkest of clouds. For instance, “cost overruns” are something that … Continue reading →

Posted in Current, Economy, Harrah's, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn | Comments Off on Macao: The fine art of spin

Cantor’s been a naughty boy

Posted on October 11, 2010 by David McKee

There’s a certain whiff of desperation to this Cantor Gaming spot, pimping their casino-in-one gaming devices (which, in addition to their cutting-edge technology, apparently make chicks find you totally hot). The gadgetry and software, which were legalized five years ago, … Continue reading →

Posted in M Resort, Marketing, MGM Mirage, Regulation, Sheldon Adelson, Sports, Technology, TV | 4 Comments

The whales of August

Posted on October 8, 2010 by David McKee

Nevada had another big casino bounce — $944.5 million, its largest since February’s $947 million. However, some of the positive auguries are real and some are misleading. To get the big one out of the way, Strip slot revenues were … Continue reading →

Posted in Boulder Strip, Current, Economy, Harrah's, Kansas, Lake Tahoe, Laughlin, Louisiana, North Las Vegas, Regulation, Reno, The Strip, Tourism, Vdara Death Ray, Wall Street | 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

Musical chairs at Trump (again)

Posted on September 29, 2010 by David McKee

High-ranking executive jobs at Trump Entertainment Resorts aren’t for “lifers.” Having steered Trump through yet another bankruptcy, CEO Mark Juliano is exiting stage right, “leaving to pursue other opportunities” — the latest executive to be purged. Nobody stays long atop … Continue reading →

Posted in Alabama, Atlantic City, Cordish Co., Current, Donald Trump, Economy, Election, Harrah's, International, Isle of Capri, Kansas, Marketing, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Tourism, Transportation, Tribal | 2 Comments

Barrack 1, Bankers 0; Criminal stupidity

Posted on September 24, 2010 by David McKee

A skirmish over the fate of the Atlantic City Hilton ended in victory for Colony Capital. A Superior Court judge decided there were too many unresolved issues in the dissolution of Colony’s East Coast casino portfolio to warrant taking the … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Colony Capital, Columbia Sussex, Current, Economy, Harrah's, Horseracing, International, Lake Tahoe, Marketing, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Sports, Station Casinos, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street | 1 Comment

13 is the loneliest number

Posted on September 23, 2010 by David McKee

Just because Missouri can have 13 casinos doesn’t mean it must. Or so contends Missouri Gaming Commission Chairman Jim Mathewson, hinting that none of the four pending applications might be accepted. He asks, “If all we do is take a … Continue reading →

Posted in Iowa, Isle of Capri, Missouri, Pennsylvania, Regulation, Sahara | 4 Comments

Fertitta to rescue A.C. Hilton?

Posted on September 22, 2010 by David McKee

Tilman Fertitta, that is. The Landry’s Restaurants CEO has sussed out a bargain on the Boardwalk, in the form of the unprofitable Atlantic City Hilton. No doubt Fertitta’s interest has not a little something to do with the fact that … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Carl Icahn, Colony Capital, Current, Dining, Downtown, Economy, Election, Harrah's, Laughlin, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tamares Group, Tilman Fertitta, Tribal, Tropicana Entertainment | 7 Comments

Snooki Nation

Posted on September 17, 2010 by David McKee

Like it or not, this is the new Las Vegas, folks. If you don’t want to be trampled by the douchebagerie, you probably shouldn’t come here. Last night, Encore‘s casino floor and hallway looked like a Jersey Shores casting call. … Continue reading →

Posted in Cretins, Current, Election, Encore, Entertainment, Harrah's, Morgans Hotel Group, Regulation, Steve Wynn, The Strip, Tourism | 4 Comments

Plaza postscript; exit Liberace; Teller spooks!

Posted on September 16, 2010 by David McKee

One of my conjectures in regard to yesterday’s disclosure that the Plaza Hotel was tentatively scheduled to be sold at foreclosure auction on Oct. 1 was that a postponement of the auction from Sept. 1 betokened an in-progress renegotiation of … Continue reading →

Posted in Alex Yemenidjian, Current, Downtown, Entertainment, Harrah's, history, Regulation, The Strip | 3 Comments

Off to the races

Posted on September 10, 2010 by David McKee

Several gubernatorial jousts have serious implications for casino expansion in this great U.S. of A. In Ohio, Gov. Ted Strickland (D and once tipped as a possible vice-president) is trailing former Rep. John Kasich (R), based on poll results aggregated … Continue reading →

Posted in Alabama, Atlantic City, Economy, Election, Harrah's, Iowa, Maryland, Massachusetts, Minnesota, Ohio, Penn National, Politics, Racinos, Regulation, Texas, Tribal | 1 Comment

Book ’em

Posted on September 9, 2010 by David McKee

A brief digression, if you’ll allow … Guest blogger Jeff_in_OKC and I conduct occasional off-list discussions of the beloved Sixties TV show that featured the most tight-assed cops on the planet, Hawaii  Five-0. Steve McGarrett was probably my formative influence … Continue reading →

Posted in Regulation, TV | 3 Comments

Harrah’s does it again (and again … and again)

Posted on September 9, 2010 by David McKee

Hey, Gary Loveman, don’t let the doorknob hit you in the butt as you skedaddle out of Kansas for the second time.  Ever-fickle, Harrah’s Entertainment turned tail and ran from the Sunflower State on the very date its Wichita-area proposal … Continue reading →

Posted in Alex Yemenidjian, California, Current, Economy, Encore, Entertainment, Harrah's, Kansas, Massachusetts, New York, Pennsylvania, Planet Hollywood, Regulation, Sheldon Adelson, Shuffle Master, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal | 6 Comments

The fiendish plot of Dr. Stanley Ho

Posted on September 7, 2010 by David McKee

Launching a frontal assault on Las Vegas Sands, archrival Sociedade de Jogos de Macau has requested that the Macanese government repatriate Sites 7 & 8 on the Cotai Strip™, and award them to — surprise! — Stanley Ho. There’s no … Continue reading →

Posted in Atlantic City, Economy, Election, Macau, Massachusetts, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho | 3 Comments

Venetian Oriental delayed again; Wynn & Drai divorce

Posted on August 27, 2010 by David McKee

Worker-recruitment problems in Macao are worse than Las Vegas Sands has been letting on. The company has now re-postponed its $4 billion, 6,000-room Venetian Oriental into late 2011, with its second phase debuting in mid-2012. The company’s verbiage, however, raises … Continue reading →

Posted in Current, Encore, Entertainment, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Morgans Hotel Group, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism, Transportation, Wall Street | 3 Comments

Sin City, look to thy laurels!

Posted on August 27, 2010 by David McKee

Warning: Adult content; viewer discretion advised. Boy, wouldn’t the Nevada Gaming Control Board go into apoplexy if, say, the Hard Rock Hotel & Casino took a page or 12 from Casino Victoria, in Minsk. At least everybody seems to be … Continue reading →

Posted in Current, Entertainment, International, Morgans Hotel Group, Regulation | 1 Comment

Reid wusses out; Sucker bets, Sheldon & strippers

Posted on August 26, 2010 by David McKee

UIGEA repeal? Forget about it. Sen. Harry Reid (D-NV) has chickened out again. Pressed on the issue, he said he’d support the legalization of online poker but faintheartedly drew the line there. That still wasn’t good enough for some independent … Continue reading →

Posted in Australia, CityCenter, Current, Dubai, Election, Entertainment, Harrah's, Harry Reid, International, Internet gambling, James Packer, Macau, Marketing, MGM Mirage, Morgans Hotel Group, Politics, Regulation, Reno, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Wall Street, World Series of Poker | 3 Comments