Category Archives: Sheldon Adelson

Case Bets: Greektown, Adelson, Philadelphia & Stanley Ho

Posted on December 22, 2009 by David McKee

If a management company increases your revenues in the teeth of the Great Recession — and despite your casino’s well-publicized financial problems — what do you do? Kick them out, of course, if you’re Greektown Casino and you’ve no further … Continue reading →

Posted in Current, Detroit, Macau, Massachusetts, Neil Bluhm, New York, Pennsylvania, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal | 3 Comments

Loveman loves him some Macao

Posted on December 22, 2009 by David McKee

By now the saga of Harrah’s Entertainment‘s Macanese golf course is the stuff of legend: a $578 million golden albatross around the company’s neck and a metaphor for the company’s misfortune-prone international strategy. While some of CEO Gary Loveman‘s ventures … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Harrah's, James Packer, Lawrence Ho, Macau, Maryland, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | 1 Comment

Free $100K @ Harrah’s

Posted on December 21, 2009 by David McKee

Yes, there is such a thing as “free money,” leastways if you’re Mount Hope, N.Y., resident Sheila Baisley. She is no doubt saying stuff like, “Yum-O!” and “Delish!” after she won $100,000 in credit from Harrah’s Entertainment on the Rachael … Continue reading →

Posted in Current, Harrah's, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip, TV | 3 Comments

Earth to Adelson, Earth to Adelson …

Posted on December 21, 2009 by David McKee

Las Vegas Sands CEO Sheldon Adelson claims he can finish his two resuscitated Cotai Strip™ casinos (below) and build three more in the next five years. Let the record show that Adelson currently also has casinos in various states of … Continue reading →

Posted in CityCenter, Cordish Co., Current, Economy, Florida, International, Macau, Maryland, MGM Mirage, Movies, New York, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, The Strip, Tribal | 2 Comments

CityCenter: succes d’estime

Posted on December 18, 2009 by David McKee

Enough procrastination! Such is the immensity and information overload that is CityCenter, that it may be some time before this spectator can fully wrap his brain around what is — for better or worse — the Strip’s equivalent to that … Continue reading →

Posted in Architecture, CityCenter, Current, Detroit, Dining, Encore, IGT, International, MGM Mirage, Movies, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism, TV | 7 Comments

Meanwhile in Singapore …

Posted on December 18, 2009 by David McKee

From the look of things, Sheldon Adelson‘s projected late-March opening date for Marina Bay Sands seems a mite optimistic.

Posted in Sheldon Adelson, Singapore | 2 Comments

Big casino opening today

Posted on December 15, 2009 by David McKee

No, not Aria. That’s tomorrow. Today’s the first day of business for $48 million Boot Hill Casino & Resort, in Dodge City. Avionics firm (!) and relatively novice casino developer Butler National did what brand names Penn National Gaming, MGM … Continue reading →

Posted in Current, Economy, Harrah's, Kansas, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Tribal | Comments Off

Case Bets: Pinnacle, Macao, Sahara & Mirage

Posted on December 15, 2009 by David McKee

No trouble in River City: The opening of Pinnacle Entertainment‘s River City casino complex has leapt forward from May to March. Bully for Pinnacle, if this means that the project is going to be finished ahead of schedule. If this … Continue reading →

Posted in Architecture, CityCenter, Current, Dining, Economy, Entertainment, Herbst Gaming, Louisiana, Macau, Marketing, MGM Mirage, Missouri, Pinnacle Entertainment, Sahara, Sheldon Adelson, Stanley Ho, The Strip | 4 Comments

Rumpus @ The Rio, Vdara & other Case Bets

Posted on December 10, 2009 by David McKee

It’s shaping up to be a news-intensive day — and I have off-site commitments that will keep me away from the keyboard, but let’s see what we can cram in … “The kiss that rocked The Rio”: The steamy scene … Continue reading →

Posted in Charity, CityCenter, Current, Dining, Donald Trump, Economy, Entertainment, G2E, Harrah's, IGT, MGM Mirage, Missouri, Phil Ruffin, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Tribal, TV | 6 Comments

Walking in Vegas

Posted on December 9, 2009 by David McKee

“Walking on the Vegas Strip, I was struck by the smell of sewage wafting between two of the fabulously opulent hotels, and I wondered whether this might be taken figuratively as a kind of miasma for a city going the … Continue reading →

Posted in Phil Ruffin, Sheldon Adelson, Steve Wynn, The Strip | 2 Comments

Blast from the past

Posted on December 8, 2009 by David McKee

In this case, it’s a blast of hot air from the pages of the defunct and dreadful Liberty Watch magazine, whose back numbers still adorn the Web, but whose ink-and-paper incarnation has devolved into a loose smattering of blogs. Let’s … Continue reading →

Posted in Boyd Gaming, Colony Capital, Fontainebleau, Harrah's, Indiana, Macau, MGM Mirage, Michael Gaughan, Sheldon Adelson, Station Casinos, The Strip, Wall Street | 1 Comment

Case Bets: The Wayner, G2E, Packer & Kerzner

Posted on December 8, 2009 by David McKee

Say what you like about Wayne Newton‘s Once Before I Go at the Tropicana Las Vegas, it has the biggest band you’ll see on the Strip: 20 strong, plus backup singers. Most Strip headliners have to make do with one-third … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Australia, Carl Icahn, Current, Donald Trump, Economy, Entertainment, G2E, Genting, International, James Packer, Massachusetts, New York, Pennsylvania, Planet Hollywood, Problem gambling, Racinos, Sheldon Adelson, Singapore, Tribal, Tropicana Entertainment | Comments Off

Best Casino Commercial Ever

Posted on December 3, 2009 by David McKee

It seems like if you’ve seen one casino commercial, you’ve seen them all. Recent efforts by M Resort and Green Valley Ranch were state-of-the-art examples of the same old same-old. However, it was impossible not to be stopped in one’s … Continue reading →

Posted in CityCenter, Current, Marketing, MGM Mirage, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Transportation, TV | 4 Comments

Aria, Vdara discounting already

Posted on December 3, 2009 by David McKee

In its discussions with J.P. Morgan analysts, MGM Mirage has regularly been boasting that Aria’s room rates are running higher (very, very slightly higher) than Bellagio. Being a skeptical fellow by nature, my instinct was that Aria was being propped … Continue reading →

Posted in Alex Yemenidjian, Boulder Strip, Boyd Gaming, Cirque du Soleil, CityCenter, Columbia Sussex, Current, Downtown, Economy, Entertainment, George Maloof, Harrah's, Herbst Gaming, Marketing, MGM Mirage, Sheldon Adelson, Silverton, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tourism | 6 Comments

Gossy-ed out; Peep-less Show; Phat Phantom

Posted on December 2, 2009 by David McKee

According to the latest issue of Las Vegas Advisor, bland-as-butter Palms headliner Matt Goss is not announced for any dates past Dec. 5. However, if Goss has Timberlaked his way across the lounge floor for the last time, S&G believes … Continue reading →

Posted in Colony Capital, Current, Entertainment, George Maloof, MGM Mirage, Planet Hollywood, Sheldon Adelson, The Strip | Comments Off

We are Dubai

Posted on December 2, 2009 by David McKee

“If anywhere is emblematic of the debt-fuelled extravagance of the past decade, it is surely [X], which strove to have the tallest, the biggest and the best of everything.” They’ve just got to be talking about Las Vegas, right? No, … Continue reading →

Posted in Alex Yemenidjian, Architecture, Boyd Gaming, Cirque du Soleil, CityCenter, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Dubai, Economy, Entertainment, Harrah's, International, James Packer, MGM Mirage, Morgans Hotel Group, Plaza, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, TV, Wall Street | 6 Comments

Is Adelson mad? Trump trumped & Kerzner booted

Posted on December 1, 2009 by David McKee

In an interview with Reuters, Sheldon Adelson said Las Vegas Sands might launch operations in India, Thailand and Japan as soon as 2010. Given the ropey financial condition of his company, the fact that Marina Bay Sands will open at … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Current, Detroit, Donald Trump, Economy, Genting, Harrah's, International, Kansas, Macau, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Planet Hollywood, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Taxes, Tourism, Tribal | 1 Comment

Now this is a scandal

Posted on November 24, 2009 by David McKee

During the early years of tribal gaming expansion, Native Americans had to go to Malaysia and South Africa for their startup capital — and it came at a hefty cost. Now Mohegan Sun is reeling from the delayed effects of … Continue reading →

Posted in Boulder Strip, Boyd Gaming, CityCenter, Economy, Harrah's, International, Isle of Capri, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Tourism, Tribal | 3 Comments

Sands IPO: bad timing?

Posted on November 24, 2009 by David McKee

If Steve Wynn‘s stock float for his Macao properties hit the Hong Kong bourse at the optimal moment, the tortoise-like progress of Las Vegas Sands‘ offering comes at a price. Specifically, its $1.34 opening price is at the absolute bottom … Continue reading →

Posted in Current, Economy, International, Macau, Pennsylvania, Sheldon Adelson, Singapore, Steve Wynn | Comments Off

Case Bets: Ensign, Angelica Bridges & the smell of Vegas

Posted on November 20, 2009 by David McKee

Look for ex-Mandalay Resort Group boss Mike Ensign to play a supporting role in Nightline‘s Nov. 23 exposé of, among other things, the 96 dimes in hush money he channeled to the cuckolded husband of his son’s mistress. You’ve got … Continue reading →

Posted in California, Colony Capital, Colorado, Current, Economy, Entertainment, Isle of Capri, Marketing, MGM Mirage, Sheldon Adelson, The Strip | 4 Comments