Category Archives: Sheldon Adelson

#5,001

Posted on August 14, 2017 by David McKee

Yes, this is the 5,001st Stiffs & Georges post and let me start with a big thank-you to all of you, the readers, for making it possible. If it weren’t for your support I’d probably have hung it up long … Continue reading →

Posted in Alabama, Atlantic City, Donald Trump, Georgia, Hard Rock International, Harrah's, James Packer, Kansas, Maryland, Massachusetts, New Hampshire, Pennsylvania, Politics, Regulation, Sam Nazarian, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Station Casinos, Steve Wynn, The Strip | 5 Comments

House of Bamboo; Adelson beats The Street

Posted on August 9, 2017 by David McKee

It seems frivolous to be discussing casinos when the Korean peninsula could go up in radioactive flames at any moment, but we do what we must. While legalizing casinos in Japan was a slow and agonizing process, they could fade … Continue reading →

Posted in Entertainment, GameCO, Genting, Georgia, Harrah's, Horseracing, International, Internet gambling, Japan, Macau, MGM Mirage, Pennsylvania, Politics, Problem gambling, Regulation, Sheldon Adelson, Singapore, Technology, The Strip, Wall Street | Comments Off

Trump’s Macao gambit; WPT goes to Japan

Posted on August 8, 2017 by David McKee

Donald Trump‘s policy toward China may be fairly unevolved at this stage, unless you count the agglomeration of additional trademarks in Macao. Technically speaking, the trademarks are registered to DTTM Operations (itself co-registered to The Donald), which operates from within … Continue reading →

Posted in Donald Trump, Harrah's, Japan, Macau, Mohegan Sun, Pennsylvania, Sheldon Adelson, Sociedade de Jogos de Macau, Stanley Ho, Steve Wynn, World Series of Poker | Comments Off

Revel sold? Sez who?; Wynn loses his shirt

Posted on August 1, 2017 by David McKee

Atlantic City may have seen the last of Glenn Straub. Last week, Global Gaming Business Editor Roger Gros took to Twitter to announce that Revel (aka Ten) had been sold, former exec Mark Juliano — late of Sands Bethlehem — … Continue reading →

Posted in Atlantic City, Glenn Straub, Hard Rock International, Harrah's, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Mirage, Neil Bluhm, New York, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, Wall Street | Comments Off

Land of the Sinking Hopes?; MGM hearts McCain

Posted on August 1, 2017 by David McKee

If Japanese casinos must be majority-owned by local companies, that suits Sega Sammy Holdings just fine. The company is challenging the likes of Galaxy Entertainment, Las Vegas Sands and MGM Resorts International for one of the initial casino licenses. Of … Continue reading →

Posted in Cordish Co., Foxwoods, G2E, Galaxy Entertainment, Geoff Freeman, Hard Rock International, Harrah's, Horseracing, International, Japan, MGM Mirage, Mohegan Sun, Politics, Problem gambling, Sheldon Adelson, Singapore, Tribal | Comments Off

Adelson: I did it my way

Posted on July 28, 2017 by David McKee

Despite Las Vegas numbers that were deemed disappointing by Las Vegas Sands execs, the company still managed to haul in $3 billion-plus in 2Q17, driven in part by the opening of Parisian in Macao. “I think you know this quarter was … Continue reading →

Posted in Dining, Illinois, Macau, Penn National, Sheldon Adelson, Technology, The Strip, Wall Street | Comments Off

The allure of Brazil; DraftKings blows a gasket

Posted on July 27, 2017 by David McKee

Jan Jones Blackhurst has really been racking up the frequent-flier miles on behalf of Caesars Entertainment, having made multiple trips to Brazil to assess the potential for casinos down there. She’s narrowed down the possible sites to Brasilia, Sao Paulo, Salvador … Continue reading →

Posted in Australia, Brazil, Economy, GameCO, Harrah's, Internet gambling, Macau, Massachusetts, MGM Mirage, Oklahoma, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tribal | Comments Off

Mohegan Sun rules; Conflict over e-sports

Posted on July 25, 2017 by David McKee

Executives at Mohegan Gaming Entertainment can take a victory lap this morning. Readers of USA Today voted Mohegan Sun the finest casino in America, edging out Caesars Palace for the top spot. Bracketing Caesars was another tribal casino, Pechanga Resort … Continue reading →

Posted in Arizona, Atlantic City, California, Downtown, e-sports, Foxwoods, Harrah's, Iowa, Louisiana, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Regulation, Reno, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal | 2 Comments

Two decades in Detroit; Juliano out at Sands

Posted on July 19, 2017 by David McKee

Can it really be 20 years since casinos were legalized in Detroit? (It’s been 18 years since MGM Grand Detroit opened.) Time flies and so does casino lucre — straight into city coffers. Then-Gov. John Engler (R) had to dragged kicking … Continue reading →

Posted in Detroit, Economy, history, Internet gambling, Law enforcement, Massachusetts, MGM Mirage, New Hampshire, Pennsylvania, Politics, Sheldon Adelson, Steve Wynn, Taxes, Tropicana Entertainment | Comments Off

Wynn faces tough path in Japan; Sweetheart deal for Saucier

Posted on July 17, 2017 by David McKee

Things haven’t been going well for Kazuo Okada but he could still play spoiler to Steve Wynn‘s casino aspirations in Japan. Litigation between the two could tarnish Wynn’s image. Already, Wynn is swimming upstream, with MGM Resorts International and Las … Continue reading →

Posted in Architecture, California, Florida, Genting, Japan, Kazuo Okada, Marketing, Massachusetts, MGM Mirage, Nevada, New York, Politics, Regulation, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off

Becalmed in Atlantic City; The friends of Sheldon Adelson

Posted on July 13, 2017 by David McKee

Casinos in Atlantic City would have been up 11% last month — were it not for the big, fat zero that is Trump Taj Mahal in same-store revenue comparisons. Instead, they were dead even with June 2016, redeemed only by … Continue reading →

Posted in Atlantic City, Dan Gilbert, Detroit, Donald Trump, Election, Harrah's, International, Internet gambling, Japan, MGM Mirage, Mohegan Sun, Politics, Sheldon Adelson, Sports, Tilman Fertitta, Tropicana Entertainment | Comments Off

What happens in Vegas goes to France; Big setback for Japan

Posted on July 10, 2017 by David McKee

French President Emmanuel Macron could be collateral damage of a made-in-Vegas scandal involving the 2016 Consumer Electronics Show. At the time, Macron was minister of the economy but had the ill judgment to headline a “French Tech Night” that was … Continue reading →

Posted in Atlantic City, Election, Harrah's, International, Japan, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Sports, Wall Street | Comments Off

Trailer Stations invade Downtown; DFS rejected in Delaware

Posted on July 5, 2017 by David McKee

If there’s one thing I’ve learned at Las Vegas Advisor it’s that our readers love Trailer Stations — or at least reading about them. So, had been inclined to spend your Fourth of July playing slot machines, you could have … Continue reading →

Posted in Delaware, Derek Stevens, Downtown, Genting, Horseracing, Internet gambling, Law enforcement, Moulin Rouge, Nevada, Pennsylvania, Philippines, Politics, Regulation, Sheldon Adelson, Slot routes, The Strip | Comments Off

Arizona tribe moves ahead; The king and Adelson

Posted on July 3, 2017 by David McKee

Having beaten the system and Gov. Doug Ducey (R), the Tohono O’odham tribe in Arizona is moving ahead with construction of its permanent, Class III casino, with an eye toward completion by spring of 2019. The tribe has been getting … Continue reading →

Posted in Architecture, Arizona, International, Macau, Regulation, Sheldon Adelson, Tribal, Wall Street, Wisconsin | Comments Off

Next stop, East Windsor; Everybody (in Vegas) must get stoned

Posted on June 29, 2017 by David McKee

“Make no mistake about it – the legislation I signed today is about jobs for the residents of Connecticut, and securing those jobs in our state.” With those words, Nutmeg State Gov. Dannel Malloy (D) affixed his signature approving a … Continue reading →

Posted in Donald Trump, Foxwoods, Geoff Freeman, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Politics, Regulation, Sheldon Adelson, Sports, Taxes, Tribal | Comments Off

Phlegmatic about Macao; New Jersey warns Trump

Posted on June 19, 2017 by David McKee

* Wall Street analysts have been descending upon Macao and we’re told to expect a rebranding of Sands Cotai Central “as its brand doesn’t have traction like Venetian, Wynn, and City of Dreams,” writes JP Morgan analyst Joseph Greff. That … Continue reading →

Posted in Donald Trump, Internet gambling, Kazuo Okada, Law enforcement, Macau, Melco Crown Entertainment, Philippines, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Crown 18, Transportation, Wall Street | Comments Off

Adelson fights for dirty power; Hard Rock on the move

Posted on June 15, 2017 by David McKee

Fossil fuel-loving fossil Sheldon Adelson is putting heavy pressure on Nevada Gov. Brian Sandoval (R) to veto a bill that would increase the production of renewable energy in the Silver State. And when Adelson says “Jump!”, Sandoval asks “How high?” … Continue reading →

Posted in Environment, Florida, Hard Rock International, International, Internet gambling, MGM Mirage, Ohio, Politics, Regulation, Sheldon Adelson, Taxes | Comments Off

Adelson in the catbird seat; Lui has advice for Macao

Posted on June 12, 2017 by David McKee

We’re still a long way from requests for proposals for Japanese megaresorts but one source is already tapping Las Vegas Sands as a finalist. (Hardly a radical prediction, it’s true.) The tip comes from Morningstar Investment Management Asia analyst Chelsey … Continue reading →

Posted in Atlantic City, Boyd Gaming, Crown Resorts, Galaxy Entertainment, Genting, Harrah's, Japan, Law enforcement, Macau, Melco Crown Entertainment, Oklahoma, Regulation, Scientific Games, Sheldon Adelson, Singapore, Sports, Technology, Tourism, Tribal | Comments Off

Stratosphere: From Goldman to Golden; Christmas tree for gamers in Pennsylvania

Posted on June 12, 2017 by David McKee

Goldman Sachs has had enough of the casino business. Either that or the price was right. Whatever the case, Golden Entertainment has just executed the greatest coup of its brief existence. It has purchased Las Vegas icon the Stratosphere. In … Continue reading →

Posted in Baseball, Boulder Strip, Carl Icahn, Foxwoods, Golden Gaming, Goldman Sachs, Internet gambling, Laughlin, MGM Mirage, Mohegan Sun, Pennsylvania, Regulation, Sheldon Adelson, Slot routes, Sports, Taxes, The Strip, Tribal | Comments Off

MGM, Caesars join forces; A casino in Cuba

Posted on June 7, 2017 by David McKee

There’s intrigue surrounding Atlantic City‘s H-Tract, which separates Borgata from Harrah’s Resort. That’s adjacent to 15 acres of land Caesars Entertainment has never developed. MGM Resorts International, for its part, has acreage which it has tried and failed to sell, … Continue reading →

Posted in Atlantic City, Foxwoods, Hard Rock International, Harrah's, MGM Mirage, Missouri, Mohegan Sun, Regulation, Sheldon Adelson, Singapore, Taxes, The Strip, Tribal | 1 Comment