Category Archives: Sheldon Adelson

Pennsylvania: Give Adelson a break; Harrah’s latest excuses

Posted on March 9, 2010 by David McKee

While principle dictates that Las Vegas Sands ought to be held to the terms of its agreement with the State of Pennsylvania, recent developments give one pause. Namely, why should Steve Wynn get favorable treatment enjoyed by no other casino … Continue reading →

Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Economy, George Maloof, Harrah's, Illinois, Louisiana, Neil Bluhm, Pennsylvania, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street | 3 Comments

Did my eyes deceive me …

Posted on March 8, 2010 by David McKee

… or was that the skeleton of Echelon which was used to illustrate Nevada’s economic woes in the TV spot that Sen. Harry Reid (D-NV) is running this week? That’s no outrage in and of itself: Echelon was a casualty … Continue reading →

Posted in Archon Corp., Boyd Gaming, CityCenter, Current, Economy, Election, Harry Reid, Marketing, MGM Mirage, Politics, Sheldon Adelson, The Strip, TV | 2 Comments

The good, the bad & the very ugly photo

Posted on March 2, 2010 by David McKee

For perhaps the first time in his career, Steve Wynn is being called “cheesy.” It’s in connection with his new Philadelphia casino project, the erstwhile Foxwoods. (If, has been mooted, it’s just called “S.W.“, that would be pretentious but not … Continue reading →

Posted in Cannery Casino Resorts, Economy, Harrah's, Neil Bluhm, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street | 10 Comments

Chronicle of a Black foretold; River City looking good

Posted on March 2, 2010 by David McKee

Randy Black, that is. The CEO who ran the Mesquite market straight into the ground (with a sizable assist from the Nevada Gaming Control Board and Gaming Commission) and turned the former Si Redd’s Oasis into a slot route — … Continue reading →

Posted in Archon Corp., Boyd Gaming, Current, Don Barden, Election, Harry Reid, IGT, Mesquite, Michael Gaughan, Midnight Jim Gibbons, Pinnacle Entertainment, Planet Hollywood, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, TV, Wall Street, WMS Industries | 1 Comment

Macao’s big ass-month

Posted on March 1, 2010 by David McKee

Casinos in Macao blew way past expectations, raking in $1.6 billion last month (a 70% increase). Stanley Ho‘s SJM widened its lead on Las Vegas Sands, although the latter had more market share (20%) than MGM Grand Macau and Galaxy … Continue reading →

Posted in Architecture, Atlantic City, Economy, Environment, Florida, Genting, Harrah's, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Strip, Tribal, Wall Street | Comments Off on Macao’s big ass-month

Sands backslides, backpedals in Pennsylvania

Posted on March 1, 2010 by David McKee

Wow, there’s nothing like the rumor of an in-progress sale to light a fire under Las Vegas Sands to restart its desultory Sands Bethlehem. Sands CEO Sheldon Adelson tries to imply that resumption of the hotel is contingent upon getting … Continue reading →

Posted in Columbia Sussex, Economy, Entertainment, Harrah's, Lake Las Vegas, Macau, Massachusetts, Midnight Jim Gibbons, Pennsylvania, Politics, Regulation, Sheldon Adelson, Taxes, The Strip | 6 Comments

Case Bets: Loveman & ladies’ shoes, CityCenter, Singapore, the Palms and Wayne Newton

Posted on February 26, 2010 by David McKee

Naptime in the casino. If American casinos are less frenetic than those of, say, Macao, the gambling culture in Singapore is very relaxed indeed. Fancy a catnap at your slot machine? No problem! Oh, to see the expression on Sheldon … Continue reading →

Posted in Alex Yemenidjian, Architecture, CityCenter, Current, Entertainment, Genting, George Maloof, Harrah's, MGM Mirage, Midnight Jim Gibbons, Problem gambling, Sheldon Adelson, Singapore, The Strip, TV, Wall Street | 4 Comments

Quote of the Day

Posted on February 26, 2010 by David McKee

“I believe the Indian gambling empire is a greater threat to American security than Islamic jihadists.” — anti-gambling zealot Randy Brinson, who’s had issues with the private sector, too.

Posted in Alabama, Cretins, Current, Sheldon Adelson | Comments Off on Quote of the Day

Case Bets: “Viva Elvis,” Loveman in Macao, Icahn in A.C., etc.

Posted on February 24, 2010 by David McKee

Viva Elvis vs. Love. The Sun‘s John Katsilometes pivots it to a question of “Whose music is better?” I’m not going there but I think he really nails why one show seemed right up Cirque du Soleil‘s alley while the … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Carl Icahn, Cirque du Soleil, CityCenter, Current, Don Barden, Donald Trump, Economy, Entertainment, Harrah's, Indiana, International, Isle of Capri, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Tribal, Tropicana Entertainment | 5 Comments

Adelson, Earl & a paper tiger

Posted on February 24, 2010 by David McKee

Opening a drowsy eye, the Las Vegas Review-Journal belatedly took note of Las Vegas Sands‘ Singapore project, although the story was just a puff piece (perhaps because its writer used to toil in Vegas’ PR shops, including a stint at … Continue reading →

Posted in Archon Corp., Current, Economy, Genting, Harrah's, Lake Las Vegas, Planet Hollywood, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Wall Street | Comments Off on Adelson, Earl & a paper tiger

This just in: Wynn goes to Philly

Posted on February 23, 2010 by David McKee

As of this moment (i.e., while I’m typing), Hunter Hillegas‘ blog has what neither the Las Vegas Sun nor the Las Vegas Review-Journal do: the breaking news that, yes indeed, Wynn Resorts is riding to the rescue of the hapless … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Current, MGM Mirage, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street | 5 Comments

Case Bets: Boyd speaks, Kansas stalls & problem gamblers get the shaft

Posted on February 23, 2010 by David McKee

Boyd Gaming CEO Keith Smith weighs in on the subject of emerging markets. Significant by its omission: Florida. Boyd got its fingers burnt down there and knows better than some in the industry that it’s not the Land of Opportunity … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Detroit, Economy, Florida, Kansas, Lyle Berman, Midnight Jim Gibbons, Politics, Problem gambling, Regulation, Sheldon Adelson, Tamares Group, Tribal | Comments Off on Case Bets: Boyd speaks, Kansas stalls & problem gamblers get the shaft

Case Bets: Wynn in Philly, topless in Vegas, Pegasus crashes

Posted on February 22, 2010 by David McKee

It’s a slow news day in the industry, though not without its amusing elements. For instance, the Philadelphia Inquirer devoted a significant amount of ink to the weighty question of whether half-dozen casinos in the greater Philly area might be … Continue reading →

Posted in Atlantic City, Cannery Casino Resorts, CityCenter, Current, Economy, Entertainment, Genting, Harrah's, MGM Mirage, Neil Bluhm, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Strip, Tribal | 1 Comment

Quote of the Day

Posted on February 22, 2010 by David McKee

“The buck stopped with me. But if you don’t get the right information, it’s difficult to make common-sense decisions.” — Las Vegas Sands CEO Sheldon Adelson, passing the buck for his company’s near-collapse onto former LVS executives.

Posted in Economy, Macau, Sheldon Adelson, Wall Street | 1 Comment

Sheldon Adelson, TV star

Posted on February 19, 2010 by David McKee

There I was, wrapping up a two-day “staycation” with dinner at Metro Pizza when I looked up and … let’s say I’m lucky I didn’t choke to death from shock at what I saw. There was Las Vegas Sands potentate … Continue reading →

Posted in Archon Corp., Current, Economy, Entertainment, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Pennsylvania, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, TV, Wall Street, Wayne F. Newton | 1 Comment

Sands & MGM previewed

Posted on February 16, 2010 by David McKee

Weighing in ahead of Las Vegas Sands and MGM Mirage conference calls, J.P. Morgan analysts have some early projections. They remain bullish on Marina Bay Sands, although it may now open in late May. (Incredibly, Morgan says this one-month discrepancy … Continue reading →

Posted in Atlantic City, Current, Economy, International, Macau, MGM Mirage, Pansy Ho, Pennsylvania, Regulation, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Tourism, Wall Street | 6 Comments

Canaries in the coal mine

Posted on February 16, 2010 by David McKee

A minor brouhaha has been playing out in the pages of Howard Stutz‘s blog. Last Friday, Susquehanna Financial Group apparently sacked gaming analyst Robert LaFleur. “[D]ue to the departure of the analyst from the firm,” said SFG, with faultless deadpan … Continue reading →

Posted in CityCenter, Current, MGM Mirage, Sheldon Adelson, Singapore, The Strip, Wall Street | 1 Comment

Case Bets: Sands in Singapore, casinos in Hawaii, Foxwoods’ prophecy

Posted on February 16, 2010 by David McKee

What a turnaround: Las Vegas Sands has finally ‘fessed up that India will be a top feeder market for Marina Bay Sands (left). There’s no shame in that — it simply gives S&G the opportunity to remind Sands that we … Continue reading →

Posted in Boyd Gaming, Current, Economy, Genting, International, Labor, Sheldon Adelson, Singapore, Taxes, Tribal | 3 Comments

The Flying Dutchman of the Strip

Posted on February 16, 2010 by David McKee

Pity poor Rockstar: The Tribute. It briefly played Planet Hollywood‘s Wyrick Entertainment Complex last June, then got the boot. An announced revival at the Harmon Theater never materialized. A late-2009 move to the Riviera was ballyhooed. Guess what? Rockstar never … Continue reading →

Posted in Atlantic City, Economy, Environment, Harrah's, MGM Mirage, Planet Hollywood, Regulation, Riviera, Sheldon Adelson, Steve Wynn, The Strip | 2 Comments

Caveat emptor!

Posted on February 12, 2010 by David McKee

Casinos are a good investment — provided they’re outside the United States. That’s pretty much the bottom line, as seen through the rose-colored spectacles of blogger Martin Spring. He likes Genting Bhd and Internet-casino operator bwin Interactive Entertainment. Fine with … Continue reading →

Posted in Genting, International, Internet gambling, James Packer, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | Comments Off on Caveat emptor!