Category Archives: Sheldon Adelson

Ides of March: Caesars, MGM, Wynn court Wall Street

Posted on March 21, 2012 by David McKee

Evidently J.P. Morgan‘s Gaming, Lodging & Leisure Management Access Forum, being held this week at Wynncore, isn’t sufficiently important to merit the attendance of Big Gaming’s CEOs. If Steve Wynn couldn’t make the stroll from his office to Encore’s meeting … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Encore, Entertainment, Harrah's, Illinois, Internet gambling, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Neil Bluhm, Ohio, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street, World Series of Poker | 2 Comments

Adelson minions visit Encore: Big Gaming courts Wall Street

Posted on March 20, 2012 by David McKee

There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia | Comments Off on Adelson minions visit Encore: Big Gaming courts Wall Street

Moody’s no longer moody on Vegas; Golden Gate upsizes

Posted on March 20, 2012 by David McKee

Caution, thy name is Moody’s Investors Service. So if Moody’s is bullish on the near-term future of Las Vegas, I guess we can well and truly believe that a recovery is here … well, on the Strip. Away from Las … Continue reading →

Posted in Atlantic City, CityCenter, Current, Dennis Gomes, Derek Stevens, Don Barden, Downtown, Economy, Entertainment, Gary Goett, Marketing, North Las Vegas, Sahara, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tourism, Tribal, Wall Street | 3 Comments

Penn and Pennsylvania; Trop’s big screwup; Louisiana’s big month

Posted on March 16, 2012 by David McKee

A racetrack isn’t something you just pick up and relocate. However, Penn National Gaming has been given the go-ahead by the State of Ohio to “move” its Beulah Park and Raceway Park to, respectively, Youngstown and Dayton. They are presently … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cannery Casino Resorts, Columbia Sussex, Current, Dan Lee, Harrah's, Isle of Capri, Louisiana, Neil Bluhm, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Putting the best and worst foot forward

Posted on March 13, 2012 by David McKee

After months of confidentiality agreements and other top-hush nonsense, it’s official: Fitzgeralds Casino Hotel in downtown Las Vegas will become the D. Now, I can’t think that — let alone type it — without recalling the Family Guy episode in … Continue reading →

Posted in Alex Yemenidjian, Derek Stevens, Dining, Don Barden, Downtown, Entertainment, Harrah's, Riviera, Sheldon Adelson, Tamares Group, Technology, The Strip, Tourism, TV | 2 Comments

Gambling makes strange bedfellows; Two kinds of Trop trouble

Posted on March 9, 2012 by David McKee

Earlier today, we witnessed the strange spectacle of a capitalist decrying the effect of market forces upon his business. It’s an indirect reminder that casinos are that rare issue which brings together the old maids of the far left and … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Carl Icahn, Current, Economy, Election, Entertainment, Laughlin, Pennsylvania, Sheldon Adelson, Steve Wynn, The Strip, Tropicana Entertainment, TV | 1 Comment

Vegas gets its groove back; “Zarkana” comes to Aria

Posted on March 7, 2012 by David McKee

In terms of quantity, quality and proximity, the Los Angeles Times is the closest thing Las Vegas has to a major metropolitan daily. (Hell, the Sacramento Bee puts the Las Vegas Review-Journal to shame.) Indeed, the LAT treats Sin City … Continue reading →

Posted in Animals, Architecture, Arizona, Boyd Gaming, California, Cirque du Soleil, CityCenter, Cosmopolitan, Dining, Donald Trump, Downtown, Entertainment, Harrah's, history, Macau, MGM Mirage, Movies, Phil Ruffin, Sheldon Adelson, Steve Wynn, Tamares Group, The Strip, Tourism | Comments Off on Vegas gets its groove back; “Zarkana” comes to Aria

Gaughan expands empire … and sundry other Case Bets

Posted on March 7, 2012 by David McKee

Having already taken charge of the hotel operations of the JW Marriott Las Vegas Resort & Spa (for historical purposes, best known as The Resort at Summerlin) last summer, Michael Gaughan Jr. will now extend his operational control to its … Continue reading →

Posted in Current, Dining, Entertainment, Georgia, Harrah's, International, Macau, MGM Mirage, Michael Gaughan, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tourism | Comments Off on Gaughan expands empire … and sundry other Case Bets

Adelson to sign “Mormon”? What is “theD”?

Posted on March 7, 2012 by David McKee

Las Vegas‘ new performing arts palace, The Smith Center, has opened coveted the Broadway hit, The Book of Mormon. However, a heavyweight competitor could snatch Mormon from under Smith CEO Myron Martin‘s nose. Rumor has Las Vegas Sands in the … Continue reading →

Posted in Current, Downtown, Entertainment, Harrah's, history, MGM Mirage, Sheldon Adelson, Sports, The Strip | 10 Comments

Wynn vs. Okada: The appraisal; Mob Experience returns … like you cared

Posted on February 22, 2012 by David McKee

Wall Street analysts are weighing in on Wynn Resorts‘ preemptive strike against Kazuo Okada last weekend. Surprisingly, J.P. Morgan‘s Joseph Greff rates it as a positive in re Steve Wynn‘s ambitions for expansion into Japan and says it doesn’t hurt … Continue reading →

Posted in Alex Yemenidjian, Cosmopolitan, Current, Election, Entertainment, Harrah's, International, Macau, Movies, Sheldon Adelson, Steve Wynn, The Mob, The Strip, TV, Wall Street | Comments Off on Wynn vs. Okada: The appraisal; Mob Experience returns … like you cared

Quote of the Day

Posted on February 21, 2012 by David McKee

“I don’t believe in negative campaigning. I believe in saying that my opponents are very good people and I’m confident a lot of them would do a good job, but I would do a better job, and here’s why.” — … Continue reading →

Posted in Election, Marketing, Sheldon Adelson | 1 Comment

Wynn vs. Okada: Payback Time

Posted on February 20, 2012 by David McKee

Looks like Kazuo Okada brought a knife to a gunfight with Steve Wynn. The latter has spent the last year having former FBI boss Louis Freeh and sundry investigators check up on Okada — and what a lot of dirt … Continue reading →

Posted in Current, Election, Florida, Genting, International, Macau, Massachusetts, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 4 Comments

Las Vegas: What’s next?

Posted on February 16, 2012 by David McKee

If I had a crystal ball for Las Vegas’ future, I’d be a wealthier man. Not having one, I consulting some fellows far more perspicacious than myself. In no particular order they include Dennis Conrad, scholars Bill Eadington, Eugene Moehring … Continue reading →

Posted in Downtown, Economy, Entertainment, history, Macau, MGM Mirage, Movies, New York, Sheldon Adelson, The Strip, Tribal | 4 Comments

Sands’ new strategy: Blame Genting; Big Gaming backs Romney

Posted on February 15, 2012 by David McKee

First, the good news. Las Vegas Sands is signaling that it is not going to take its ball and come home from Florida, regardless of what lobbyist Nick Iarossi said last week. However, Sands’ emissary to the Sunshine State, Andy … Continue reading →

Posted in Atlantic City, Carl Icahn, Colony Capital, Current, Donald Trump, Downtown, Economy, Election, Florida, Genting, Goldman Sachs, Harrah's, International, Internet gambling, LVCVA, Politics, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tropicana Entertainment, Wall Street | 1 Comment

Cosmo woe; MGM lurves Ameristar

Posted on February 15, 2012 by David McKee

As new casino boss Thomas McCartney tries to stabilize the sinking ship that is The Cosmopolitan of Las Vegas, he’s tossed overboard some human ballast in the form of casino employees. (Thirty full-time dealers are alleged to have been pink-slipped.) … Continue reading →

Posted in Ameristar, Colorado, Cosmopolitan, Dan Lee, Dining, Election, Harrah's, history, Illinois, Indiana, International, Iowa, Lake Tahoe, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Movies, Ohio, Planet Hollywood, Sheldon Adelson, The Strip | 1 Comment

Okada vs. Wynn, Round Two; Nevada wins, players lose

Posted on February 14, 2012 by David McKee

Having spent all weekend and most of yesterday laboring over an in-depth think piece for CityLife (a future-of-Vegas thing), I’ll admit to being pretty well fried. But the news never sleeps — much as one might wish otherwise, sometimes — … Continue reading →

Posted in Boyd Gaming, Cretins, Current, Dining, International, Macau, Marketing, Midnight Jim Gibbons, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street | 1 Comment

Vegas’ December: Better than it looks?

Posted on February 9, 2012 by David McKee

If today’s numbers from the Nevada Gaming Control Board indicate that December was good for business — especially on the Las Vegas Strip (up 4% … 7% if you take baccarat out of the equation) — January ought to have … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Lake Tahoe, Laughlin, Massachusetts, North Las Vegas, Reno, Rhode Island, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off on Vegas’ December: Better than it looks?

More bad news for Adelson

Posted on February 9, 2012 by David McKee

It’s hard to say which is funnier or more hubristic: Sheldon Adelson‘s ongoing conceit that he could buy the presidency of the United States or his arrant naiveté, thinking that such ham-fisted involvement in the electoral process wouldn’t bring him … Continue reading →

Posted in Macau, Regulation, Sheldon Adelson | 2 Comments

China to Cirque: “Pas encore!”

Posted on February 9, 2012 by David McKee

Cirque du Soleil® has laid another oeuf — or Las Vegas Sands has claimed yet another showbiz victim. Its resident show at Venetian Macao, Zaia™, is closing after a 42-month run. Either the touchy-feely, eco-friendly whimsies of Zaia™ were too … Continue reading →

Posted in Cirque du Soleil, CityCenter, Economy, Entertainment, Horseracing, International, Macau, MGM Mirage, Pennsylvania, Sheldon Adelson, The Strip, Tourism | Comments Off on China to Cirque: “Pas encore!”

From the mailbag: Florida

Posted on February 8, 2012 by David McKee

From the Sunshine State comes this dispatch from one of S&G‘s far-flung network of reader correspondents. This player is obviously quite familiar with the state of gambling in the great State of Florida … Mardi Gras Casino opened with $100 … Continue reading →

Posted in California, Florida, Genting, Harrah's, Isle of Capri, Marketing, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street | 2 Comments