Category Archives: Sheldon Adelson

Back at my post

Posted on June 25, 2012 by David McKee

Barring enormous dissatisfaction in McLean, Virginia, the USAT travel guides are off my desk for the time being, which means slightly more leisure to ponder such matters as what the rise to power of the Islamic Brotherhood in Cairo (albeit … Continue reading →

Posted in Atlantic City, Current, Harrah's, International, LVCVA, Politics, Sheldon Adelson | 2 Comments

Everything’s coming up Penn

Posted on June 15, 2012 by David McKee

As befits a proud papa, Penn National Gaming has been showing Wall Street analysts around its newest offspring: Hollywood Casino Toledo. The metrics are pretty awe-inspiring. Already the customer database is approaching 50,000 players and 47% of all slot play … Continue reading →

Posted in Ameristar, Current, Dan Lee, Detroit, Don Barden, Harrah's, Illinois, Indiana, International, Isle of Capri, Kansas, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, MTR Gaming, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Tribal | 3 Comments

Yanqui, go home!

Posted on June 11, 2012 by David McKee

Spain‘s banking system has joined a series of toppling dominoes that will likely prompt multiple, TARP-like measures and have the European Union mulling methods of preventing a run on the banks. Into this atmosphere of imminent catastrophe and 24% unemployment … Continue reading →

Posted in Donald Trump, Economy, Environment, Florida, International, Macau, New York, Sheldon Adelson, Singapore, Tourism | 1 Comment

Casino John rides again; Mashpee ride to victory

Posted on June 10, 2012 by David McKee

As is my habit, I tuned in CNN‘s Your Money yesterday. No sooner was the TV on but there was Gov. John Kasich (R), taking justifiable pride in Ohio‘s having recently added 73,300 jobs. The inescapable irony — and fact … Continue reading →

Posted in Ameristar, Current, Economy, Harrah's, MGM Mirage, Ohio, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Sports, Steve Wynn, Tribal, TV | 4 Comments

Toronto: Move over, Jim and Gary, here comes Sheldon

Posted on June 8, 2012 by David McKee

No disrespect to Steve Wynn, but the human starter gun for any serious casino race is now Sheldon Adelson. Except for China, he’s not been in any casino-expansion movement for the long haul since he lost Mirage Resorts. And with … Continue reading →

Posted in Atlantic City, Current, Economy, Florida, Harrah's, Horseracing, International, Macau, MGM Mirage, New York, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Texas, Tourism | 3 Comments

Atlas stumbled

Posted on June 7, 2012 by David McKee

Warren Buffett likes to say that we’ve already had class warfare in this country and his class won. Whilst laid up, recuperating from an ill-advised meal at Mizumi, I had reason to ponder this in connection with the recent stateside … Continue reading →

Posted in Archon Corp., Bally Technologies, Culinary Union, Current, Dining, Economy, Election, Internet gambling, Massachusetts, New York, Pennsylvania, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 7 Comments

Caesars in Boston

Posted on June 6, 2012 by David McKee

Oh, that Gary Loveman is hilarious! Sorry, folks, I had to stop that video so I could have a laugh when he boasted, “Caesars [Entertainment] stands for the ultimate in destination luxury resorts?” Since when? A bunch of forward-looking fellas … Continue reading →

Posted in Architecture, Atlantic City, Current, Harrah's, International, Massachusetts, Mississippi, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip | Comments Off

End of an era

Posted on June 5, 2012 by David McKee

In a major step toward the de-Maloofization of the Palms, one of its signature attractions closed last weekend. As of yesterday, one can no longer gamble, ogle Bunnies nor do anything else at the semi-private Playboy Club. It was one … Continue reading →

Posted in Bally Technologies, Entertainment, George Maloof, Illinois, Marketing, Politics, Sheldon Adelson, The Strip, Tribal | 3 Comments

Macao: “This is decent”; Massachusetts slams door behind Adelson

Posted on June 1, 2012 by David McKee

Macao casino revenue grew ‘only’ 7% last month, which is bad … if you were thinking monthly, large double-digit increases (21% over the past five months) were a sustainable norm. “This is decent,” J.P. Morgan analyst Joseph Greff said of … Continue reading →

Posted in Ameristar, CityCenter, Current, Economy, Election, Harrah's, International, Macau, Marketing, Massachusetts, Melco Crown Entertainment, MGM Mirage, New York, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal, Wall Street | Comments Off

Quote of the Day

Posted on May 30, 2012 by David McKee

“[Donald] Trump is a small man who has big thoughts about himself, a vulgar attentionophile who cares not what damage he causes or whom he might hurt so long as he is in the spotlight … his hardly veiled racism … Continue reading →

Posted in Current, Donald Trump, Election, Sheldon Adelson, Steve Wynn, The Strip | 4 Comments

Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Posted on May 25, 2012 by David McKee

That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming | Comments Off

Case Bets: Sands, Caesars, Boyd, MGM & Wynn

Posted on May 24, 2012 by David McKee

After blowing a half-million dollars on lobbying in Massachusetts, cantankerous casino owner Sheldon Adelson took his ball and went home, as reported earlier. Las Vegas Sands‘ rather weak excuse: “[Boston] didn’t synch up with our business model.” Sands fails to … Continue reading →

Posted in Boyd Gaming, Columbia Sussex, Current, Economy, Horseracing, International, Louisiana, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, New York, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 1 Comment

Sheldon Adelson, quitter; A Grand goof

Posted on May 22, 2012 by David McKee

This just in: It was pretty clear that Sheldon Adelson was cool toward his home state of Massachusetts and he officially called it quits today. His excuse? Three casinos and a slot parlor will “dilute the market.” In other words, … Continue reading →

Posted in Architecture, Current, Florida, Genting, Harrah's, Macau, Massachusetts, MGM Mirage, New York, Problem gambling, Regulation, Sheldon Adelson, Stanley Ho, The Strip | 5 Comments

“Asia’s Dubai™”?

Posted on May 21, 2012 by David McKee

Well, now we know the official pronunciation of Hengquin Island (even the executives at Las Vegas Sands used to be a bit unsure of that): hung-chee. It looks ominously like another attempt at

Posted in Architecture, Macau, Marketing, Sheldon Adelson | Comments Off

Tropicana Toronto? CityCentre? Horseshoe Etobicoke?

Posted on May 16, 2012 by David McKee

There’s a dark horse in the race for a Toronto megaresort … very dark. It’s Onex Corp., known to you and me as the owner of the Tropicana Las Vegas. Onex subsidiary Casino ABS owns four of the largest casinos … Continue reading →

Posted in Alex Yemenidjian, Current, Economy, Election, Harrah's, Horseracing, International, Kansas, Macau, Maryland, MGM Mirage, Midnight Jim Gibbons, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism, Wall Street | Comments Off

Casino codependency, Chris Christie’s cowardice & other Case Bets

Posted on May 15, 2012 by David McKee

It’s too bad Steve Friess isn’t here to write this next story, because it’s right up his alley. What do you do if your big-name headliner badmouths your casino and CEO on opening night? You re-hire him, what else? Like … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Current, Donald Trump, Downtown, Entertainment, Harrah's, Internet gambling, LVCVA, Marketing, New York, Ohio, Politics, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, Taxes, The Strip, TV | 2 Comments

Canada to Caesars: “Bonehead!”; What’s (hidden) in a logo?

Posted on May 14, 2012 by David McKee

You can’t ask for a better diagnosis of what might be loosely called Caesars Entertainment‘s business plan than this anonymous comment from a Las Vegas Review-Journal reader: “Right now, their strategy for getting out of the hole appears to be … Continue reading →

Posted in Economy, Harrah's, history, Horseracing, International, Marketing, MGM Mirage, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, The Strip | 3 Comments

Revel: Can’t drive 55?; Another setback in Massachusetts

Posted on May 10, 2012 by David McKee

Revel, the new, $2.4 billion casino on the Boardwalk has been conducting a sort of “stealth opening,” conducting a two-month-plus dry run. Along with the stealth opening come what you might call “stealth revenues”: $13 million-plus in its first full … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Florida, Harrah's, Horseracing, Illinois, Massachusetts, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Technology, Tilman Fertitta, Tourism, Tropicana Entertainment | 1 Comment

Sheldon speaks

Posted on May 10, 2012 by David McKee

… as does Las Vegas Sands COO Michael Leven. The big man starts talking four minutes in, following a introductory flourish of boastfulness and fawning intermingled. I feel bad for the interviewer: Sheldon Adelson can’t even accept

Posted in Culinary Union, International, Macau, Sheldon Adelson | Comments Off

Steve Wynn’s better half

Posted on May 7, 2012 by David McKee

In the unlikely event that Steve Wynn is abducted by aliens and thrown into a Chinese political prison, Wynn Resorts need look no farther than ex-wife Elaine Wynn for continuity of vision. (And, make no mistake, there isn’t a discernible … Continue reading →

Posted in Architecture, Election, Encore, Fontainebleau, history, Sheldon Adelson, Steve Wynn, The Strip | 3 Comments