Category Archives: Sheldon Adelson

What did Wynn know and when did it know it?; MGM REIT a hit

Posted on April 26, 2016 by David McKee

An unwelcome sideshow for Wynn Boston Harbor is playing out in a Massachusetts courtroom, in a court case of “excruciating details.” What is at issue is whether Dustin DeNunzio, Anthony Gattineri and Charles Lightbody attempted to defraud Wynn Resorts by concealing convicted … Continue reading →

Posted in Internet gambling, Law enforcement, Massachusetts, MGM Mirage, Oklahoma, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tribal, Wall Street | Comments Off

Straub’s better mousetrap; Sparks Nugget in the clear

Posted on April 22, 2016 by David McKee

By now it is something of an understatement to say that Revel owner Glenn Straub thinks outside the box. Or, as the Philadelphia Inquirer put it, his “plans for the massive property have veered erratically from mud slides to academic … Continue reading →

Posted in Atlantic City, Dining, Economy, Entertainment, Environment, Geoff Freeman, Glenn Straub, International, Law enforcement, Macau, Marnell Gaming, Pinnacle Entertainment, Regulation, Reno, Revel, Sheldon Adelson, Sports, Taxes | Comments Off

Derek Stevens’ latest gambit; Hard quarter for Sands

Posted on April 21, 2016 by David McKee

Tilman Fertitta, move over. Derek Stevens is now downtown Las Vegas‘ biggest power player. Even though he has two operational casinos (The D and Golden Gate), plus one in mothballs (the Las Vegas Club), he’s expanded his acreage further by … Continue reading →

Posted in Derek Stevens, Downtown, Macau, Pennsylvania, Sheldon Adelson, Singapore, The Strip | 2 Comments

Adelson, master manipulator?; MGM REIT launched

Posted on April 20, 2016 by David McKee

Is Sheldon Adelson the secret string-puller behind Kelden Engel‘s petition drive to have part of the Riviera preserved? John L. Smith hints at that in this morning’s edition of Adelson’s Las Vegas Review-Journal. “If he’s carrying the water for someone who … Continue reading →

Posted in Atlantic City, Boyd Gaming, Entertainment, Illinois, LVCVA, MGM Mirage, Riviera, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | Comments Off

Reversal in Jersey City; Tables buoy Pennsylvania grosses

Posted on April 19, 2016 by David McKee

Shoe mogul Paul Fireman‘s plan to build a $4.6 billion megaresort in Jersey City is losing the support of Mayor Steve Fulop (D). New Jersey State Building & Construction Trades Council President William T. Mullen was sent into a howl of … Continue reading →

Posted in Atlantic City, California, GLPI, Greenwood Racing, Harrah's, Isle of Capri, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, Taxes | Comments Off

Internet gaming backstops Atlantic City; Swordplay in Vegas

Posted on April 13, 2016 by David McKee

Traditional casino revenue fell 2% last month in Atlantic City but online winning were up 18%. The entry of PokerStars wasn’t immediately felt, as Resorts Digital‘s market share stood at 12%. behind Borgata ($4 million, 28%), Caesars Interactive (20%), Golden … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Glenn Straub, Harrah's, history, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Reno, Revel, Riviera, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment | Comments Off

Lobbyists win in Atlantic City fight; Untimely reprimand for Bluhm

Posted on April 12, 2016 by David McKee

As Atlantic City fights to maintain its monopoly on casino gambling in New Jersey, it’s getting a lot of help from casino companies themselves — and lobbyists are making out like bandits. The biggest spender to date has been Caesars … Continue reading →

Posted in Atlantic City, Australia, Boyd Gaming, Downtown, Election, Entertainment, Genting, Greenwood Racing, Harrah's, Illinois, LVCVA, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Singapore, Tourism, Transportation, Tribal | Comments Off

Good year for Atlantic City; Sands slapped with fine

Posted on April 12, 2016 by David McKee

Free market forces did what governmental intervention and flashy marketing campaigns could not: They steadied Atlantic City‘s casino economy. With the dead weight of four casinos — Revel, Showboat, Atlantic Club and Trump Plaza — jettisoned, profits not only steadied, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Dining, Economy, Environment, Harrah's, Internet gambling, Macau, Mississippi, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Sports, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off

Wynn vs. Wynn II; T-Mobile Arena arrives

Posted on April 6, 2016 by David McKee

You’ve got to hand this to Elaine Wynn: She doesn’t give up easily. Her attorneys have filed their no less than fifth amended complaint and counterclaim. It references depositions from several Wynn Resorts board members, including former Nevada Gov. Bob Miller. It … Continue reading →

Posted in CityCenter, Entertainment, history, MGM Mirage, Sheldon Adelson, SLS Las Vegas, Sports, Steve Wynn, The Strip | Comments Off

Shady dealings in D.C.; New bromance between GLPI and Pinnacle

Posted on April 4, 2016 by David McKee

Voters in Washington, D.C., could find themselves voting on a casino initiative this November. A 9,000-square-foot gambling house has been proposed for Anacostia. It would have slots, blackjack and other table games but, strangely enough, no slots or electronic table … Continue reading →

Posted in Architecture, Delaware, Election, Florida, GLPI, International, Macau, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Sports, The Strip, Tourism, Tribal | 1 Comment

Kasich, gambling opponents clash; Boffo month for Pennsylvania

Posted on March 25, 2016 by David McKee

Ohio Gov. John Kasich (R) went 1-1 in legal challenges to his decision to widen the Buckeye State’s casino industry, including his permission of VLTs at the state’s racinos, a move that broke the Caesars Entertainment/Penn National Gaming duopoly on … Continue reading →

Posted in GLPI, Greenwood Racing, Harrah's, Isle of Capri, Mohegan Sun, Neil Bluhm, Ohio, Penn National, Pennsylvania, Problem gambling, Sheldon Adelson | Comments Off

Sands, MGM butt heads over taxes; Adelson ships dealers to Singapore

Posted on March 25, 2016 by David McKee

Even before the ink was dry on yesterday’s poll numbers, Las Vegas Sands President Rob Goldstein was in front of the Southern Nevada Tourism Infrastructure Committee, stumping for a $1.3 billion, taxpayer-funded, NFL-ready stadium. The 65,000-seat facility would be built on the … Continue reading →

Posted in Economy, Macau, MGM Mirage, New York, Sheldon Adelson, Singapore, Sports, Taxes, The Strip, Tribal | Comments Off

Showdown on the Boardwalk; Lies, damned lies and poll numbers

Posted on March 24, 2016 by David McKee

It’s war to the knife and knife to the hilt between Carl Icahn and Unite-Here Local 54 President Robert McDevitt over the labor situation at Trump Taj Mahal. (For the record, Donald Trump is now affiliated with the casino in … Continue reading →

Posted in ACEP, Atlantic City, Boulder Strip, Carl Icahn, Colony Capital, Election, Harrah's, Internet gambling, Laughlin, LVCVA, Maryland, MGM Mirage, Mohegan Sun, Regulation, Revel, Sheldon Adelson, Sports, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here | Comments Off

Adelson’s $10 billion bet; PokerStars comes to Atlantic City

Posted on March 22, 2016 by David McKee

Sheldon Adelson is desperate to get into South Korea. He doesn’t need to articulate it: Las Vegas Sands‘ actions say as much. The company has vowed to do “whatever it takes” to penetrate the market. “Anything” includes raising the prospective … Continue reading →

Posted in Atlantic City, Economy, Genting, Internet gambling, Japan, Macau, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Singapore, South Korea, Tourism | Comments Off

Wynn Everett gets new name, brushes off criticism

Posted on March 16, 2016 by David McKee

Given his recent obstructionism of Wynn Everett, it should come as no surprise that Somerville Mayor Joseph Curtatone recently made it onto a list of “America’s Worst Politicians.” Presently, the Bostonian blowhard has been vowing to block Steve Wynn‘s project … Continue reading →

Posted in International, Internet gambling, Massachusetts, Politics, Sheldon Adelson, Steve Wynn | Comments Off

Adelson sets the pace; Philippine gaming scandal grows legs

Posted on March 15, 2016 by David McKee

As March gets off to a week start in Macao, operators who don’t yet have a presence on the giant landfill known as Cotai — namely Wynn Resorts, MGM Resorts International and Sociedade de Jogos de Macau — are being … Continue reading →

Posted in Law enforcement, Macau, Marketing, Massachusetts, Melco Crown Entertainment, MGM Mirage, Penn National, Philippines, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | Comments Off

New Jersey sticks it to Atlantic City; No payday for Suen

Posted on March 15, 2016 by David McKee

Life just got a little more difficult for Atlantic City. Casino owners will have to dig into their pockets in order to defeat a ballot initiative to end their monopoly on casino gambling. The referendum mustered the necessary supermajorities to … Continue reading →

Posted in Architecture, Atlantic City, Election, Glenn Straub, Macau, Massachusetts, Penn National, Politics, Sheldon Adelson, Tribal | Comments Off

Wynn, Sands, Penn meet the Street

Posted on March 11, 2016 by David McKee

JP Morgan analyst Joseph Greff has had a busy week, meeting with most of the top companies in gaming. First up was Penn National Gaming, which had little new to report on the Tropicana Las Vegas other than it was … Continue reading →

Posted in Economy, GLPI, Illinois, M Resort, Macau, Marketing, Massachusetts, Mississippi, Penn National, Sheldon Adelson, Singapore, Slot routes, Steve Wynn, The Strip, Wall Street | Comments Off

Galaxy thinks big; Hoping against hope in Illinois

Posted on March 9, 2016 by David McKee

Feeling the pressure to diversify the market appeal of his casino resorts, Galaxy Entertainment CEO Lui Che-Woo is talking vaguely about a theme park, “something special and high-tech,” similar to the movie Avatar. Note that James Cameron isn’t explicitly involved … Continue reading →

Posted in Entertainment, Galaxy Entertainment, Illinois, Kentucky, Macau, Politics, Sheldon Adelson | Comments Off

Steve Wynn makes new friends; Freeman gets raked

Posted on March 9, 2016 by David McKee

Steve Wynn has found an unlikely ally in his fight against Somerville Mayor Joseph Curtatone: the Massachusetts environmental community. Activists joined politicians and developers at a media event headlined by Wynn Everett President Robert DeSalvio. Among the activities that have … Continue reading →

Posted in Environment, Foxwoods, Geoff Freeman, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Sheldon Adelson, Steve Wynn, Tribal | Comments Off