Category Archives: Sheldon Adelson

Chicken Lady rides again

Posted on July 31, 2013 by David McKee

Responding to the deafening disinterest of a Nevada electorate that has largely forgotten her, Pioneer Hotel & Gambling Hall Treasurer Sue Lowden — touting her casino expertise — has thrown her tiara into the ring in the contest to be … Continue reading →

Posted in Archon Corp., Current, Election, Laughlin, Sheldon Adelson | Comments Off

Adelson loses (again), as does Simpson; Internet stampede in Jersey

Posted on July 31, 2013 by David McKee

Continuing his recent string of futility in the court system, Sheldon Adelson wore the gold sombrero yesterday, after went 0-for-12 in Clark County District Court. Next stop, the Nevada Supreme Court, which has been friendly to the mogul in the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cretins, Current, Genting, Harrah's, Internet gambling, Macau, Regulation, Sheldon Adelson, Singapore, Station Casinos | Comments Off

Early reckoning in Macao; Big Gaming’s growing pains

Posted on July 30, 2013 by David McKee

One shouldn’t read too much into anything the Macao government says about casino operators. It likes to keep them guessing — especially U.S. ones. Still, it’s worth noting that Secretary for Economy & Finance Francis Tam Pak Yuen has floated … Continue reading →

Posted in Atlantic City, Delaware, Economy, Genting, Harrah's, Macau, MGM Mirage, New Hampshire, New York, Ohio, Oklahoma, Pennsylvania, Problem gambling, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Tropicana Entertainment | Comments Off

A tale of two cities …

Posted on July 30, 2013 by David McKee

… and both of them are Las Vegas. Last week, Sheldon Adelson pitched a fit about how he thought MGM Resorts International and Caesars Entertainment were driving down his room rates (as though it were the job of Jim Murren … Continue reading →

Posted in Current, Dining, Economy, Harrah's, MGM Mirage, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tourism, Wall Street | Comments Off

One Angry Man; MGM expansion bodes well

Posted on July 25, 2013 by David McKee

Y’know, if I was reporting a 120% profit increase in 2Q13, I might stop and enjoy the moment. I certainly wouldn’t choose that moment to be a dick. Obviously, I am not Sheldon Adelson. Proffering evidence that his second infancy … Continue reading →

Posted in Current, Economy, Harrah's, International, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Sheldon Adelson, Steve Wynn, Tourism, Wall Street | 1 Comment

More Trop turmoil; Adelson’s new enforcer; Hart vindicated

Posted on July 24, 2013 by David McKee

That Alex Yemenidjian! He just can’t keep the Tropicana Las Vegas out of the headlines — and not in a good way. It’s kicking The One Group out, taking over Bagatelle Beach Club and converting into a by-invitation-only venue for … Continue reading →

Posted in Alex Yemenidjian, Entertainment, IGT, International, MGM Mirage, Regulation, Sheldon Adelson, Technology, The Strip | Comments Off

Men of La Mancha; Delaware: Taxation without benefit

Posted on July 23, 2013 by David McKee

While the attempted boycott of his Venelazzo poker rooms fizzles, Sheldon Adelson continues to look overseas. However, his EuroVegas will be beaten to the punch, or so it appears. Rival project BCN World has the jump on him, at least … Continue reading →

Posted in CityCenter, Current, Delaware, Dining, Entertainment, Hard Rock Hotel, Harrah's, Horseracing, International, James Packer, Lawrence Ho, Melco Crown Entertainment, New York, Racinos, Sheldon Adelson, Taxes, Tribal | 3 Comments

Scramble in Massachusetts; Malaise in Mississippi

Posted on July 23, 2013 by David McKee

Sept. 24 is the day appointed for voters in Leominster to say “aye” or “nay” to a slot parlor proposed by Cordish Gaming. That’s nine days before the deadline for submitting voter-approved HCAs to the Massachusetts Gaming Commission. Which, in … Continue reading →

Posted in Cordish Co., Current, Economy, Election, Florida, Foxwoods, Genting, Louisiana, Massachusetts, Mississippi, Mohegan Sun, Neil Bluhm, Sheldon Adelson, The Strip, Transportation, Tribal | 1 Comment

Massachusetts: Penn’s back in; New market for Adelson?

Posted on July 19, 2013 by David McKee

When the city of Springfield finally stopped fence-sitting and decided against going with Penn National Gaming, I knew it was only a matter of time before Penn emerged somewhere else in Massachusetts. Boy, has it ever. Operating with speed and … Continue reading →

Posted in Cordish Co., Current, Environment, Hard Rock International, International, Lake Tahoe, Massachusetts, Neil Bluhm, Penn National, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Tropicana Entertainment | Comments Off

Springfield: MGM wins again; Barton: Congressman or con artist?

Posted on July 17, 2013 by David McKee

As predicted, voter turnout was low but a victory is a victory, and MGM Resorts International went home a winner yesterday. Springfield voters ratified an agreement between MGM and the city, 58% to 42%. Scarcely had the last vote been … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Economy, Environment, Harrah's, Harry Reid, International, Internet gambling, Massachusetts, MGM Mirage, Politics, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes, Tribal | 1 Comment

Quote of the Day

Posted on July 10, 2013 by David McKee

“Santa and the Easter bunny are simply the devil in disguise and cable television and the Internet are his playground. The Boy Scouts are his evil minions.” — Kentucky humorist Angela Thomas, in a controversial column that has the Southern … Continue reading →

Posted in Cretins, Current, Internet gambling, Kentucky, Sheldon Adelson | Comments Off

Massachusetts: It’s where the action might be; Where there’s smoke, there’s Sheldon

Posted on July 9, 2013 by David McKee

Update/Correction: I’m reliably informed that dog racing (see below) is illegal in Massachusetts and will remain so, praise be. Also, Neil Bluhm is now wooing Millbury for a slot-parlor site. Except for Raynham Park, all slot-parlor applicants are under the … Continue reading →

Posted in Animals, Architecture, Colony Capital, Cordish Co., Current, Economy, Environment, history, International, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Oklahoma, Politics, Racinos, Regulation, Sheldon Adelson, Tribal | 1 Comment

Indiana: Half-full or half-empty?; ‘Priscilla’ faints

Posted on July 9, 2013 by David McKee

That’s the operative question after a contrariwise June in Indiana. The state’s casinos saw 17% less foot traffic, but those fewer players were spending more (up 6%). Even so, the Hoosier State’s racinos, casinos and riverboats were down 12% for … Continue reading →

Posted in Architecture, Cordish Co., Current, Dining, Economy, Entertainment, Harrah's, MGM Mirage, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, The Strip, Wall Street | 2 Comments

Gold strike in Maryland; Ghost train; ‘Sell’ order on Sands; Wynn cleared

Posted on July 8, 2013 by David McKee

That elastic band which is American consumers’ gambling budget may have tightened in Illinois and gone slack in Ohio, but it’s expanding nicely in Maryland, now that table games are part of the mix. Sayeth the Maryland Lottery, revenues for … Continue reading →

Posted in California, Cordish Co., Current, Economy, Macau, Maryland, Massachusetts, North Las Vegas, Penn National, Pennsylvania, Sheldon Adelson, Steve Wynn, Tourism, Transportation, Wall Street | Comments Off

This is your brain on B.S.

Posted on July 8, 2013 by David McKee

Sheldon Adelson would have you believe that $100 million-$200 million in potential Las Vegas Sands revenue means nothing to him. And if you believe that, boy, do I have a bridge in Brooklyn to sell you. (He’s probably more apt … Continue reading →

Posted in Internet gambling, Macau, Sheldon Adelson, Singapore | Comments Off

Deal or no deal?; Two-face Trump; Good news for Adelson

Posted on July 3, 2013 by David McKee

This just in: Poker Stars has announced an agreement to offer Internet gambling in New Jersey via Mohegan Sun-run Resorts Atlantic City. This enables Rational Group to get a U.S. foothold without the inconvenience of buying a physical casino. Colony Capital … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Internet gambling, Macau, Pennsylvania, Sheldon Adelson, Tourism, Tribal | 1 Comment

Big Brother Sheldon

Posted on June 28, 2013 by David McKee

Professional sourpuss Sheldon Adelson doesn’t think you should gamble … on the Internet, that is. (“In the history of bad ideas, this has to be one of the worst,” the ad glumly intones.) In Adelson’s intellectually dishonest world it’s perfectly … Continue reading →

Posted in Cantor Gaming, Internet gambling, Problem gambling, Sheldon Adelson, TV | 1 Comment

Case Bets: Crystals, Baltimore, Mohegan Sun, Macao

Posted on June 27, 2013 by David McKee

Somebody’s finally found a good use for Crystals: as a museum. Daniel Liebeskind‘s design of the property would be more conducive to viewing art than to shopping and it never has trouble drawing lookie-lous. (Customers, eh, not so much.) Somebody … Continue reading →

Posted in Architecture, CityCenter, Current, Entertainment, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Sheldon Adelson, Taxes, The Strip, Tourism, Tribal | 2 Comments

Jumped, pushed or just fed up?

Posted on June 26, 2013 by David McKee

All of a sudden there’s a spate of turnover in the gaming industry. The ongoing verbal meltdown of Paula Deen was going to have to force Caesars Entertainment to take some form of action, particularly if it wants to preserve … Continue reading →

Posted in California, Cretins, Current, Dining, Florida, Genting, Harrah's, Illinois, Indiana, International, Mississippi, Sheldon Adelson, Tribal, Wall Street | 3 Comments

Shifting Sands; Happy birthday, Hollywood Aurora

Posted on June 25, 2013 by David McKee

(Update: J.P. Morgan analyst Joseph Greff vented frustration to investors over yet another “self-inflicted negative headline,” while remaining upbeat on LVS stock. He did not relate Kay’s departure to “any negative event … We note that Mr. Kay worked for … Continue reading →

Posted in Current, Economy, Harrah's, Illinois, Macau, MGM Mirage, Penn National, Sheldon Adelson, Steve Wynn | 1 Comment