Category Archives: Singapore

Quote of the Day

Posted on June 28, 2011 by David McKee

“I don’t know how I could have been so wrong. How could I think the market would be so small?” — HSBC regional gaming analyst Sean Monaghan, on the 18-22% ROI achieved by Marina Bay Sands and Resorts World Sentosa. … Continue reading →

Posted in Genting, Sheldon Adelson, Singapore, Wall Street | 3 Comments

Genting’s amphibious strategy

Posted on June 24, 2011 by David McKee

There may not be Vegas-style casinos in Florida yet (at least not non-tribal ones) but Genting Bhd is taking a gamble of its own. While Sheldon Adelson talks about putting $3 billion into the Miami area, Genting is already doing … Continue reading →

Posted in Economy, Florida, Genting, Harrah's, International, Macau, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal | 2 Comments

Coming (not so) soon: Wynn Singapore?!?!

Posted on June 20, 2011 by David McKee

Steve Wynn‘s next big project won’t be in Japan … or Philadelphia … or Boston. According to the tycoon, his “next goal in life” will be to open a Singapore megaresort. Yeah, the same Singapore out of which Wynn bailed … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Genting, George Maloof, Harrah's, International, Massachusetts, MGM Mirage, North Las Vegas, Pennsylvania, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Tourism, Transportation | 1 Comment

Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

Posted on June 16, 2011 by David McKee

For those of you waiting for Boyd Gaming to do something with all its undrawn credit, the moment has arrived. Having surveyed the chips on the board, Boyd has pounced upon … IP Casino Resort Spa (née Imperial Palace Biloxi) … Continue reading →

Posted in Ameristar, Boyd Gaming, Cretins, Current, Economy, Florida, Harrah's, history, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Wall Street | Comments Off on Shopping spree: Boyd, Melco, Sands; Trouble in Adelsonia

They’ve seen the future …

Posted on June 10, 2011 by David McKee

… and it’s Singapore. That’s good news if you’re Sheldon Adelson, less auspicious if you’ve got a weak track record as a developer (coughCaesars Entertainmentcough). And if Chad Mollman‘s correct, does this mean Steve Wynn has soured on his proposed … Continue reading →

Posted in Architecture, Election, Harrah's, Harry Reid, International, Internet gambling, Massachusetts, New York, Pokergeddon, Politics, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Texas, Tourism, Tribal | 1 Comment

Sands: Pump up the volume; Nevada’s new casino tax; Cannery’s secret weapon

Posted on June 1, 2011 by David McKee

As in “VIP volume.” That’s what Las Vegas Sands has to do in order to monetize some of its Macao assets, according to a J.P. Morgan report that appeared this morning. In the course of meeting with Sands honchos, Joseph … Continue reading →

Posted in Boulder Strip, Cannery Casino Resorts, Economy, Herbst Gaming, Macau, Marketing, North Las Vegas, Oscar Goodman, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Singapore, Taxes, The Strip, Tourism, Wall Street | 3 Comments

Boyd exits Florida; Mixed messages from the Riv; The revenge of Adelson

Posted on May 2, 2011 by David McKee

Regardless of whether or not resort casinos are voted into law in Florida, one company that won’t be in the running is Boyd Gaming. The firm threw in the towel on the Miami market today. The Sunshine State “no longer … Continue reading →

Posted in Boyd Gaming, Colony Capital, Current, Donald Trump, Economy, Entertainment, Florida, Genting, Harrah's, Isle of Capri, M Resort, Macau, Marketing, MGM Mirage, Penn National, Politics, Regulation, Riviera, Sahara, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Technology, The Strip, Wall Street | 1 Comment

Was Pokergeddon a setup?

Posted on May 2, 2011 by David McKee

In his latest column, “Prohibition Is Not Regulation” (an early draft can be seen here) gaming-law guru I. Nelson Rose rakes the Obama administration for choosing “to ignore the lessons of history and take worst aspects of the choices available.” … Continue reading →

Posted in Harrah's, International, Internet gambling, MGM Mirage, Politics, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 3 Comments

Meet $2 Million Mike; The Big Easier

Posted on April 25, 2011 by David McKee

Casino podcasts (MGM Resorts International‘s in particular) have been razzed in the past for a lack of content. No such gripes about Las Vegas Sands‘ latest offering, 10 minutes in the company of COO Michael Leven (who derives his nickname … Continue reading →

Posted in Boyd Gaming, Current, Economy, Florida, Harrah's, International, Isle of Capri, Louisiana, Macau, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Singapore, Technology, The Strip, Tourism, Transportation, Wall Street | 3 Comments

Wynn makes the hit parade

Posted on March 28, 2011 by David McKee

For sanity’s sake, let’s turn from a buffoon (Donald Trump) to a serious individual. Namely, Steve Wynn, who’s been named to Barrons‘ list of the world’s 30 best CEOs. He’s up there surrounded by the likes of Warren Buffett, Jeff … Continue reading →

Posted in CityCenter, Current, Genting, International, Internet gambling, Macau, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Wall Street | Comments Off on Wynn makes the hit parade

Sheldon Adelson, Man of La Mancha

Posted on February 17, 2011 by David McKee

Life’s being pretty good these days to Las Vegas Sands, thanks in part to better-than-expected convention traffic at Marina Bay Sands (offsetting tepid meeting/expo biz in Macao). In addition to eyeballing Florida, Texas, Massachusetts and Japan, CEO Sheldon Adelson has … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Current, Downtown, Economy, Florida, Genting, International, Macau, Massachusetts, Oscar Goodman, Pennsylvania, Regulation, Sheldon Adelson, Singapore, Texas, The Strip, Tourism, TV | 2 Comments

Las Vegas Sands: Who’s minding the store?

Posted on February 15, 2011 by David McKee

Investors would do well to ask that, not least because of CEO Sheldon Adelson‘s attitude of, ‘The buck stops here … except when it doesn’t.’ To hear Adelson tell it, everything that goes awry at Las Vegas Sands and Sands … Continue reading →

Posted in Cirque du Soleil, Current, Genting, James Packer, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Politics, Regulation, Sheldon Adelson, Singapore, Sports, Stanley Ho, Station Casinos, Steve Wynn, Technology, The Mob, Tourism, Wall Street | Comments Off on Las Vegas Sands: Who’s minding the store?

Burnt out at Marina Bay Sands; Winners in Atlantic City

Posted on January 28, 2011 by David McKee

Another day, another Las Vegas Sands executive falls by the wayside. In the case of Marina Bay Sands, it sounds like CEO Thomas Arasi has been burned out in what must have been a pretty intense 18 months at the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Cordish Co., Current, Dennis Gomes, Donald Trump, Economy, Harrah's, IGT, International, Macau, Marketing, Maryland, Penn National, Politics, Racinos, Sheldon Adelson, Singapore, Tilman Fertitta, Tourism, Wall Street, WMS Industries | 3 Comments

The race for Florida is on

Posted on January 26, 2011 by David McKee

Emissaries from Las Vegas Sands and Wynn Resorts were in Tallahassee to woo Florida legislators yesterday. Also present was Boyd Gaming, which owns property in the Sunshine State and understandably doesn’t want to see solons crafting a sweetheart deal for … Continue reading →

Posted in Boyd Gaming, Florida, Genting, Macau, Politics, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tribal | 3 Comments

The gospel according to Sheldon

Posted on January 25, 2011 by David McKee

“People like to blame somebody,” he says. Exhibit A: Sheldon Adelson, whose operative motto is clearly, “When in doubt, find a scapegoat.” If you’re looking for accountability, the executives offices of Las Vegas Sands are the wrong place in which … Continue reading →

Posted in Macau, Pennsylvania, Sheldon Adelson, Singapore, The Strip, TV | 1 Comment

Case Bets: Philadelphia, Trump; Adelson’s successor

Posted on January 10, 2011 by David McKee

Even outgoing Pennsylvania Gov. Ed Rendell (D) has thrown in the towel on a second Philadelphia casino. Now that he no longer has to gratify “george” campaign donors, Rendell says it may be time to look elsewhere in the state. … Continue reading →

Posted in Atlantic City, Current, Economy, International, Isle of Capri, Macau, MGM Mirage, Pansy Ho, Pennsylvania, Sheldon Adelson, Singapore, Stanley Ho | 1 Comment

Sheldon: I’ll take Florida

Posted on January 7, 2011 by David McKee

It’s amazing what a transformative effect a night’s stay at Venelazzo will have. After stopping by Sheldon Adelson‘s little pied-a-terre, Florida Gov. Rick Scott (left) has done a 180 on casino expansion in Florida. Now Scott, refreshed by an evening’s … Continue reading →

Posted in Current, Economy, Election, Florida, Genting, Harrah's, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Tribal | 1 Comment

Let it (not) snow!; BP screws casinos

Posted on December 27, 2010 by David McKee

With Atlantic City currently in white-out mode, casino executives must be studying next weekend’s forecast and hoping that it holds true. A few days of above-freezing temperatures ought to give the Boardwalk a chance to melt and shovel its way … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Current, Dennis Gomes, Economy, Entertainment, Environment, Harrah's, Macau, Marketing, Mississippi, Reno, Sheldon Adelson, Singapore, Tourism, Tropicana Entertainment | 2 Comments

‘Twere the Case Bets before Christmas

Posted on December 23, 2010 by David McKee

In the casino industry, everything was stirring, including the mice. Cordish’s revenge. It’s a dish best served by opening Cordish Gaming‘s controversial Arundel Mills gambling hall late next year with a temporary, one-year casino. That means karma comes early for … Continue reading →

Posted in Alex Yemenidjian, Animals, Cordish Co., Current, Downtown, Economy, Entertainment, G2E, Harrah's, Internet gambling, Macau, Maryland, MGM Mirage, Minnesota, Ohio, Penn National, Pennsylvania, Politics, Racinos, Singapore, The Mob, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street | Comments Off on ‘Twere the Case Bets before Christmas

Sheldon Adelson is so busted

Posted on December 10, 2010 by David McKee

Congratulations, Sheldon Adelson! You’ve just upped your street cred — and become the butt of 1,001 pimp jokes. Is the Las Vegas Sands CEO going to start hangin’ with Snoop Dogg and 50 Cent (or maybe Eliot Spitzer and Hugh … Continue reading →

Posted in Entertainment, G2E, Internet gambling, Macau, Marketing, Massachusetts, Midnight Jim Gibbons, Pennsylvania, Planet Hollywood, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Texas, The Mob, The Strip, Tourism | 1 Comment