Category Archives: Sheldon Adelson

Adelson does damage control; Caesars IPO Part 2: Boom or bust?

Posted on February 8, 2012 by David McKee

It was “unfortunate” for Sheldon Adelson that he wore the uniform of the United States of America, the country that made him rich? Seriously? Not many of us would use our spouses as human shields. But then again, not many … Continue reading →

Posted in Ameristar, Boyd Gaming, Charity, Cordish Co., Don Barden, Economy, Election, Harrah's, history, Illinois, Indiana, International, Macau, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tropicana Entertainment, Wall Street | Comments Off on Adelson does damage control; Caesars IPO Part 2: Boom or bust?

Singapore surges to all-time highs

Posted on February 7, 2012 by David McKee

Thanks to Marina Bay Sands (left) and Resorts World Sentosa, the city-state of Singapore posted record levels of tourism (13 million souls, a 13% increase) last year. While overall tourism-related revenues leapt 17%, entertainment spending — which of course includes … Continue reading →

Posted in Current, Economy, Genting, International, Regulation, Sheldon Adelson, Singapore, Tourism | Comments Off on Singapore surges to all-time highs

And then there were three; What’s next in Florida?; New problem for Illinois

Posted on February 6, 2012 by David McKee

While the rest of America was betting on a little thing we call the Super Bowl … Unless it can find somebody to relieve it of a fourth and final gaming license, in southeastern Kansas, the Sunflower State’s casino-expansion program … Continue reading →

Posted in Election, Genting, Illinois, Kansas, Massachusetts, Penn National, Politics, Racinos, Sheldon Adelson, Sports, Taxes, Tribal | 2 Comments

Adelson’s perfidy and big karmic payback

Posted on February 6, 2012 by David McKee

Last Saturday, Sheldon Adelson personally presided over the Special Supplemental Sheldon Adelson Presidential Caucuses (an event hijacked from the state GOP) at the Dr. Miriam & Sheldon G. Adelson Educational Campus … and stepped in it again. Adelson’s footpads, according … Continue reading →

Posted in Dining, Election, Florida, Macau, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Wall Street | 3 Comments

Caesars IPO: It’s baaaaaack! Adelson: I’ll take Taiwan

Posted on February 3, 2012 by David McKee

In a pathetically underwhelming announcement, Caesars Entertainment is planning to float an IPO of 1.8 million shares, priced to move at a modest $8-$10 per share. Which means, best-case scenario, that CEO Gary Loveman will raise $18 million, tops, from … Continue reading →

Posted in Boyd Gaming, Current, G2E, Harrah's, International, Macau, Maryland, Massachusetts, Ohio, Penn National, Regulation, Sheldon Adelson, The Strip, Wall Street | 3 Comments

Epic failure in Florida; Epic blowhard in Vegas

Posted on February 3, 2012 by David McKee

Neither the very conspicuous efforts of Genting Berhad and Las Vegas Sands nor the quieter ones of Wynn Resorts and Caesars Entertainment were sufficient to overcome entrenched conservatism in the Florida Legislature. State Rep. Erik Fresen (R) waved the surrender … Continue reading →

Posted in Current, Donald Trump, Economy, Election, Genting, Harrah's, Internet gambling, Isle of Capri, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tribal | 1 Comment

Donald Trump, drama queen

Posted on February 1, 2012 by David McKee

His Trumpness will manifest himself to the assembled media tomorrow, shortly past noon, at Trump International, just off the Las Vegas Strip. Oooohhh, the excitement! The failed casino operator will make “a major announcement” that’s too major to be announced … Continue reading →

Posted in Current, Donald Trump, Economy, Sheldon Adelson, The Strip | 2 Comments

Quote of the Day

Posted on February 1, 2012 by David McKee

“The chief danger heralded by the Adelson-Gingrich relationship aren’t the particulars of [Sheldon] Adelson’s politics. It is the prospect of an individual being willing, able, and legally permitted to fund an entire campaign and essentially to purchase an elected office.” … Continue reading →

Posted in Current, Election, Regulation, Sheldon Adelson | Comments Off on Quote of the Day

Case Bets: Okada in Manila; Big shots fall hard

Posted on February 1, 2012 by David McKee

Rushing in where angels fear to tread, Kazuo Okada (right) has broken ground on his $2 billion, two-casino megaresort in the Philippines. You may remember the project as a bitter point of contention between Okada and erstwhile BFF Steve Wynn, … Continue reading →

Posted in Cretins, Current, Encore, Hard Rock Hotel, International, Morgans Hotel Group, Pennsylvania, Regulation, Reno, Sheldon Adelson, Sports, Station Casinos, Steve Wynn | Comments Off on Case Bets: Okada in Manila; Big shots fall hard

Adelson denies having influence

Posted on January 31, 2012 by David McKee

Contrary to what the Washington Post reported and what Clark County GOP Chairman Dave Gibbs told The Associated Press, the man runs Las Vegas Sands says he had little or nothing to do with the rescheduling of Saturday’s Nevada Republican … Continue reading →

Posted in Current, Election, Florida, Genting, Massachusetts, Sheldon Adelson | 1 Comment

Dear Floridians …; Mission unfinished; Blue skies

Posted on January 30, 2012 by David McKee

Sarah Palin says, “vote for Newt, annoy a liberal, vote Newt.” I say, “Vote Newt, please, because the concurrent stream of Sheldon Adelson stories is a blogger’s dream come true. Keep that gravy train going!” (Besides, it’s had the side … Continue reading →

Posted in Ameristar, Atlantic City, Current, Election, Environment, Florida, Harrah's, International, Louisiana, Marketing, Massachusetts, Mississippi, New York, Ohio, Penn National, Politics, Problem gambling, Sheldon Adelson, South Carolina, Steve Wynn, TV | 3 Comments

Quote of the Day

Posted on January 30, 2012 by David McKee

“[I will] prove over the next several months that people power can beat money power” … said the man who just took $10 million from Sheldon Adelson. (Perhaps that’s where he got the kosher-food talking point.)

Posted in Current, Election, Sheldon Adelson | 1 Comment

The clueless Adelson; A happy birthday; Big Brother Penn

Posted on January 27, 2012 by David McKee

Yes, it’s yet another exciting episode of The New(t) Adventures of Sheldon Adelson. When, in typically unsubtle (read: crass) fashion, the casino potentate began pouring kegs full of money into the current presidential race, it was bound to set off … Continue reading →

Posted in Columbia Sussex, Current, Election, Environment, Harrah's, M Resort, Macau, Missouri, Ohio, Penn National, Sheldon Adelson, Steve Wynn | 3 Comments

Calamity in Ohio; Adelson under a magnifying glass

Posted on January 27, 2012 by David McKee

Approximately 10 workers suffered injuries yesterday when a partial cave-in occurred during construction of Horseshoe Cincinnati. None of the injuries was life-threatening but one local lawmaker noted that the casino — and others like it — “certainly have been in … Continue reading →

Posted in Current, Election, Harrah's, Ohio, Sheldon Adelson, TV | Tagged | Comments Off on Calamity in Ohio; Adelson under a magnifying glass

Illinois: Not cricket; Boyd’s not going to like *this*: Death Ray: The sequel

Posted on January 25, 2012 by David McKee

Hardly had the outlines for a gaming-expansion compromise been leaked from the Illinois governor’s mansion when state Speaker of the House Michael Madigan (D, right) nixed the idea — or at least the prospect of a deal getting done in … Continue reading →

Posted in Boyd Gaming, CityCenter, Current, Election, Environment, Hawaii, Illinois, Louisiana, Politics, Sheldon Adelson, Taxes, Vdara Death Ray | 3 Comments

When executives attack; Sheldon’s new beard; Wall Street loves it some MGM

Posted on January 24, 2012 by David McKee

Few YouTube feeds are more prolific and state of the art than that of Station Casinos (although they really ought to think twice about posting cell-phone footage online; it looks rinky-dink). However, what you will not see is an ad … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Culinary Union, Current, Election, Florida, Macau, MGM Mirage, Sheldon Adelson, Station Casinos, Texas, TV, Wall Street | 2 Comments

Gilbert’s Dixie deal; Linq begins; Musical chairs at Penn

Posted on January 23, 2012 by David McKee

Dan Gilbert‘s descent upon the Baltimore market, in tandem with Caesars Entertainment, isn’t exactly news but the revelation that it will operate under the Harrah’s imprimatur (relegated to tertiary status by Caesars CEO Gary Loveman) certainly is. Gilbert’s undergraduate career … Continue reading →

Posted in Current, Genting, Harrah's, M Resort, Maryland, Neil Bluhm, New York, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, South Carolina, The Strip, Tourism, Tribal | Comments Off on Gilbert’s Dixie deal; Linq begins; Musical chairs at Penn

Florida: How much is too much?; Sheldon Adelson, ventriloquist

Posted on January 20, 2012 by David McKee

Those $2 billion megaresorts mooted for Florida will have a much easier time making their nut if state Rep. Erik Fresen (R, left) holds sway. In an attempt to woo recalcitrant conservatives, Fresen is proposing various restraints on gambling’s growth … Continue reading →

Posted in Economy, Election, Florida, Fontainebleau, Genting, International, Internet gambling, Isle of Capri, Macau, Politics, Racinos, Sheldon Adelson, Tourism | 1 Comment

Aquedud?; Trump, chump

Posted on January 19, 2012 by David McKee

I apologize for feeding you some incorrect info earlier when I erroneously stated that the Philadelphia market lost business (apparently to Atlantic City) last month. Nope, Santa Claus was good to every casino in the Keystone State, although he could … Continue reading →

Posted in Atlantic City, Charity, Current, Donald Trump, Economy, Election, Genting, Harrah's, Jack Binion, Neil Bluhm, New York, Pennsylvania, Sheldon Adelson, Sports, Tribal, TV, Wall Street | Comments Off on Aquedud?; Trump, chump

Quote of the Day

Posted on January 13, 2012 by David McKee

“I know there’s a perception in life that people who become financially successful do so by climbing up the broken backs of people whose backs they break, but I never climbed up on anybody’s broken back.” — Sheldon Adelson‘s apologia … Continue reading →

Posted in Election, Sheldon Adelson, TV | 1 Comment