Category Archives: Singapore

Aztar deal the worst ever: it's quantifiable

Posted on July 28, 2009 by David McKee

When he acquired Aztar Corp., back in 2006, Columbia Sussex CEO William J. Yung III also became one of the company’s debtors. So what’s his $36 million worth today? According to the Wall Street Journal, 100 grand or less. If … Continue reading →

Posted in Atlantic City, Carl Icahn, Columbia Sussex, Cosmopolitan, Current, Economy, Genting, Harrah's, International, Macau, Sheldon Adelson, Singapore, Stanley Ho, The Strip, Tropicana Entertainment | Comments Off on Aztar deal the worst ever: it's quantifiable

Michael Jackson, casino baron?

Posted on June 26, 2009 by David McKee

As the media rages down Memory Lane, here’s one from the Strange But True file: Michael Jackson partnered with Detroit entrepreneur Don Barden in a scheme to gerrymander a Motown casino into Barden’s hands. I covered the story for Casino … Continue reading →

Posted in Detroit, Don Barden, Economy, Genting, International, Neil Bluhm, Pennsylvania, Sheldon Adelson, Singapore | Comments Off on Michael Jackson, casino baron?

The Trop heist that wasn't

Posted on June 26, 2009 by David McKee

"An improvident indictment." That's what New Jersey officials are calling a case that was quietly quashed in May. Sacked Borgata veep John Conklin and two other men had been charged with plundering the Tropicana Atlantic City's database when they were … Continue reading →

Posted in Atlantic City, Boyd Gaming, Donald Trump, Entertainment, Golden Gaming, Harrah's, Herbst Gaming, Kansas, Neil Bluhm, North Las Vegas, Pennsylvania, Politics, Sheldon Adelson, Singapore, Taxes, The Strip, Transportation | Comments Off on The Trop heist that wasn't

Case Bets: California, Packer pickle, Macao pix, Holy Cow!, Singapore, RoboPoker, etc.

Posted on June 25, 2009 by David McKee

Editor’s note: An item involving Crown Ltd. contained factual errors, which have been corrected (as you’ll see). I apologize for the misinformation. My thanks to the reader who pulled my head out of my @$$. California gamblers stay and play … Continue reading →

Posted in Atlantic City, Australia, California, Columbia Sussex, Current, Economy, Entertainment, G2E, Genting, Harrah's, Holy Cow, International, Lake Tahoe, Laughlin, Louisiana, Macau, New York, Penn National, Phil Ruffin, Problem gambling, Regulation, Sheldon Adelson, Singapore, Technology, The Strip, Tribal, Tropicana Entertainment | Comments Off on Case Bets: California, Packer pickle, Macao pix, Holy Cow!, Singapore, RoboPoker, etc.

Macao: Genting in, MGM out?

Posted on May 29, 2009 by David McKee

I’ve speculated elsewhere — I believe it was on the TwoWayHardThree forum — that Genting Bhd might be a logical, even inevitable successor, should MGM Mirage bail out of Macao. Seems that while I was laid up, news surfaced that … Continue reading →

Posted in Atlantic City, Boyd Gaming, International, Macau, MGM Mirage, Singapore, Stanley Ho | Comments Off on Macao: Genting in, MGM out?

Adelson in the details

Posted on April 3, 2009 by David McKee

Nearly lost amidst a flurry of news stories about Las Vegas Sands hoping to jump-start construction on its stalled Cotai Strip™ (with the help of new equity partners) was this snippet from Sands' president of Asian affairs, Stephen Weaver. Rents … Continue reading →

Posted in Atlantic City, Carl Icahn, Columbia Sussex, Macau, Regulation, Sheldon Adelson, Singapore, Wall Street | Comments Off on Adelson in the details

Wall Street swoons for Sands

Posted on March 4, 2009 by David McKee

That must have been some mighty tasty Kool-Aid that Las Vegas Sands CEO Sheldon Adelson was ladling out at the Reuters Travel & Leisure Summit yesterday. Had we not been hearing it from other news sources, one wouldn't put much … Continue reading →

Posted in Don Barden, Macau, Neil Bluhm, Pennsylvania, Sheldon Adelson, Singapore, Wall Street | Comments Off on Wall Street swoons for Sands

"Sin City Express"

Posted on February 27, 2009 by David McKee

Expect to be hearing that catchy new canard a lot, not to mention the “Las Vegas to Disneyland” little white lie that Gov. Opie Jindal (R-LA) trotted out in his Tuesday-night audition for the 2012 presidential nomination. “Vegas to Disneyland” … Continue reading →

Posted in Boyd Gaming, Harrah's, Louisiana, Politics, Sheldon Adelson, Singapore, Technology, The Strip | Comments Off on "Sin City Express"

Stanley Ho's comeback

Posted on February 2, 2009 by David McKee

Citing the Lusa news agency, J.P. Morgan says that Macao casino revenues for January came in higher than expected, at $1.1 billion. The shocker, though, is the revision of market-share figures, which previously had shown Stanley Ho and Sheldon Adelson … Continue reading →

Posted in Australia, James Packer, Macau, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Mob | Comments Off on Stanley Ho's comeback

The prodigal son

Posted on January 19, 2009 by David McKee

Poor Kerry Packer; the late Australian mogul and famous high roller must be doing all his rolling in the grave now. Reputed for being daring at baccarat and cautious in business, the media baron is at least spared the indignity … Continue reading →

Posted in Aristocrat, Boulder Strip, Cannery Casino Resorts, Cosmopolitan, Economy, Fontainebleau, International, James Packer, Macau, Melco Crown Entertainment, Pennsylvania, Singapore, Station Casinos, Steve Wynn, The Strip | Comments Off on The prodigal son

Sanguine in Singapore

Posted on November 7, 2008 by David McKee

Marina Bay Sands: proceeding on schedule. Las Vegas Sands executives huddled with Singapore officials yesterday earlier this week to, as JP Morgan puts it, “discuss topics … including the pace of construction.” In other words, they were bracing Singaporean leaders … Continue reading →

Posted in Boyd Gaming, Sheldon Adelson, Singapore, The Strip | Comments Off on Sanguine in Singapore

Five years ago today …

Posted on November 6, 2008 by David McKee

 … Columbia Sussex came to town. Considering that CEO William J. Yung III purchased a dead, disreputable hotel-casino and put $90 million into reworking it into an attractive property (people whose judgment I trust swear by the comfiness of its … Continue reading →

Posted in Columbia Sussex, Economy, Election, Macau, Politics, Sheldon Adelson, Singapore, The Strip | Comments Off on Five years ago today …

Isle: Goldstein out, Perry in; Trump pummeled

Posted on March 5, 2008 by David McKee

Isle of Capri Casinos announced widening Y/Y losses today, along with the retirement of CEO Bernard Goldstein after 16 years at the helm. He gives way to board member James Perry, former CEO of Argosy Gaming and (briefly) Trump Entertainment. … Continue reading →

Posted in Atlantic City, Columbia Sussex, Donald Trump, Iowa, Isle of Capri, Louisiana, Marketing, Mississippi, Penn National, Pennsylvania, Singapore, Wall Street | 1 Comment