Category Archives: Singapore

The lion grumbles; Is Alabama casino-ready?

Posted on July 16, 2015 by David McKee

MGM Resorts International is not going to sit idly by while the State of Connecticut tries to horn in on MGM Springfield‘s business. MGM President William Hornbuckle said the company was “not going to go peacefully” but would not give … Continue reading →

Posted in Alabama, Atlantic City, Foxwoods, Iowa, Macau, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Singapore, Steve Wynn, Taxes, The Strip, Warner Gaming | Comments Off

Billion-dollar bonanza in Macao; Mob boss returns

Posted on June 24, 2015 by David McKee

Casino investment in the U.S. has largely been a bust for private equity firms. However, two funds — Silver Point Capital and Oaktree Capital Management — could be about to hit the jackpot in Macao. It seems that Melco Crown … Continue reading →

Posted in Economy, International, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Singapore, Stanley Ho, The Mob, Tourism, Wall Street | Comments Off

Rock in Rio flops; Tighter slots in Maryland?

Posted on June 17, 2015 by David McKee

According to Vital Vegas, the first Strip outing of Rock in Rio might be its last, as the music festival may have lost as much as $28 million. Vital Vegas puts attendance at a dreadful 130,000 (out of a possible … Continue reading →

Posted in Australia, Cordish Co., Current, Entertainment, Florida, Harrah's, International, Japan, Macau, Maryland, MGM Mirage, Pets, Philippines, Politics, Racinos, Regulation, Singapore, South Korea, The Strip, Tourism, Tribal | Comments Off

Quote of the Day

Posted on June 10, 2015 by David McKee

“Indonesia is not going to have gaming. Malaysia is not going to have increased gaming. Vietnam is a giant question mark and doesn’t have that many players. So you are left with only Singapore and Malaysia, and Chinese individuals living … Continue reading →

Posted in International, Sheldon Adelson, Singapore, Vietnam | Comments Off

New life for the Trop?; Paragon’s latest trophy

Posted on May 14, 2015 by David McKee

David G. Schwartz muses on the brave, new world at the Tropicana Las Vegas — soon with 100% more Penn National Gaming. He assesses it as a win for both parties. Penn gets a foothold at a strategic crossroads on … Continue reading →

Posted in Alex Yemenidjian, Baseball, Colony Capital, Columbia Sussex, Donald Trump, Entertainment, Hard Rock Hotel, history, M Resort, MGM Mirage, Penn National, Riviera, Sahara, Sheldon Adelson, Singapore, Station Casinos, The Strip, Transportation, Westgate LV | Comments Off

Et tu, Harry?; It’s a new era in Manila

Posted on May 12, 2015 by David McKee

Now that Sen. Harry Reid (D) has one foot out the door on Capitol Hill, he’s turning on the casino companies — particularly Caesars Entertainment — that helped him stay in power five years ago. Just when Sen. Lindsey Graham‘s … Continue reading →

Posted in Atlantic City, Delaware, Genting, Harrah's, Harry Reid, Internet gambling, Kazuo Okada, Melco Crown Entertainment, MGM Mirage, Philippines, Politics, Regulation, Sheldon Adelson, Singapore | Comments Off

Nothing’s easy at Revel; Death sentence for Harrah’s Tunica

Posted on April 29, 2015 by David McKee

“What am I going to do with this stuff with no electricity, no heat, no air conditioning? These people just give me so many roadblocks.” So complained Glenn Straub after New Jersey‘s Division of Gaming Enforcement ordered him to post guards … Continue reading →

Posted in Architecture, Atlantic City, Genting, Glenn Straub, Harrah's, Mississippi, Regulation, Revel, Sheldon Adelson, Singapore, Trump Entertainment Resorts | 1 Comment

Indian givers on Capitol Hill; Revel powers up

Posted on April 27, 2015 by David McKee

Arizona‘s congressional delegation is willing to gamble $1 billion of your and my dollars to keep the Tohono O’odham Nation from having a casino. At the moment, Sen. John McCain (R) and his junior henchmen are plotting to stick their … Continue reading →

Posted in Arizona, Atlantic City, Glenn Straub, Internet gambling, Mohegan Sun, Politics, Revel, Sheldon Adelson, Singapore, South Korea, Tribal | Comments Off

Sands, Penn and Pinnacle report

Posted on April 23, 2015 by David McKee

“Tough to find positives … worse than feared” were the attention-grabbing headlines on Deutsche Bank analyst Carlo Santarelli‘s summary of Las Vegas Sands‘ first-quarter report. Of the crisis in Macao, he wrote, “While management remains optimistic with respect to cost … Continue reading →

Posted in California, GLPI, Indiana, Louisiana, Macau, Massachusetts, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Singapore, The Strip, Tribal, Wall Street | Comments Off

No megaresorts in Florida’s future; Big experiment at Sands Bethlehem

Posted on April 8, 2015 by David McKee

Bowing to political realities, Florida state Rep. Dana Young (R, left) has Slim-Fasted her omnibus gambling-expansion bill from 300 pages to 60. Among the items gone into the shredder was a provision for two casino megaresorts in South Florida. So, … Continue reading →

Posted in Animals, Atlantic City, Entertainment, Florida, Genting, Macau, Marketing, Massachusetts, New Hampshire, Pennsylvania, Politics, Racinos, Sheldon Adelson, Singapore, Taxes, Technology | 1 Comment

Big Gaming speaks

Posted on March 9, 2015 by David McKee

Last week, the great and powerful of the casino industry attended a show-and-tell at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum. Here’s what they had to say … Wynn Resorts: The company is looking to make … Continue reading →

Posted in Atlantic City, Boyd Gaming, Economy, Genting, James Packer, Japan, Louisiana, Macau, Massachusetts, MGM Mirage, Ohio, Penn National, Politics, Problem gambling, Rhode Island, Singapore, Steve Wynn, The Strip, Wall Street | Comments Off

First big hurdle in Indiana cleared

Posted on March 2, 2015 by David McKee

Both the Indiana state Senate and Gov. Mike Pence (R) could still nix the deal, but the Indiana House of Representatives voted 76-19 to put riverboat casinos ashore and OK live dealers at the state’s Indiana Grand and Hoosier Park racinos. … Continue reading →

Posted in Boyd Gaming, Genting, Hard Rock International, Harrah's, Indiana, Internet gambling, Isle of Capri, Macau, Mississippi, New York, Ohio, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, South Dakota | Comments Off

The new Siegel in town; The word on the Strip is “Fore!”

Posted on February 19, 2015 by David McKee

Any article that begins by described the late Star Trek: The Experience as “essentially weird” has one strike against it. (I can’t tell you how many former employees told me it was the best job they ever had.) Such is … Continue reading →

Posted in Architecture, Colony Capital, Entertainment, Japan, MGM Mirage, New York, Politics, Singapore, Sports, The Strip, Westgate LV | 2 Comments

Weak quarter for Las Vegas Sands; Penn weathers a blow

Posted on January 29, 2015 by David McKee

There was definitely some grit in the 4Q14 financial results for Las Vegas Sands‘ Strip properties. Table play was down $102 million, or 16%. And those players who showed up played lucky. Table revenue was down 26%, or $37 million. … Continue reading →

Posted in California, Election, Harrah's, Indiana, Japan, Macau, Massachusetts, MGM Mirage, Penn National, Racinos, Sheldon Adelson, Singapore, The Strip, Tribal, Wall Street, West Virginia | Comments Off

Adelson gives himself promotion; Making Macao family friendly

Posted on January 23, 2015 by David McKee

With Edward Tracy retiring and Rob Goldstein only undertaking the presidency of Sands China on an interim basis, Sheldon Adelson has named himself CEO of Sands China in addition to Las Vegas Sands. This is viewed as a positive move, … Continue reading →

Posted in Architecture, Economy, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Sheldon Adelson, Singapore, Steve Wynn | Comments Off

Chronicle of a bankruptcy, foretold

Posted on December 3, 2014 by David McKee

Dipping into Shakespeare, Howard Stutz endeavors to do justice to the Elizabethan complexity of the Caesars Entertainment bankruptcy. The fault is not in the stars but in Gary Loveman, architect of the disaster. When it was rolled out, back in … Continue reading →

Posted in Atlantic City, Fontainebleau, Genting, Hard Rock International, Harrah's, International, Macau, New York, Pennsylvania, Singapore, Station Casinos, The Strip, Tribal, Wall Street, Wisconsin | 2 Comments

Sheldon steps in it again and again

Posted on November 10, 2014 by David McKee

Sheldon Adelson‘s love of authoritarianism has made him another enemy. At the latest Israel American Conference, Adelson rhapsodized, “God talked about all the good things in life. He didn’t talk about Israel remaining as a democratic state, otherwise Israel isn’t going to … Continue reading →

Posted in Atlantic City, Economy, Genting, International, Internet gambling, Japan, Macau, Politics, Sheldon Adelson, Singapore, Tourism | 1 Comment

Story time with Grandpa Sheldon

Posted on October 28, 2014 by David McKee

Although he’s almost upstaged by his toupee, Sheldon Adelson delivers a fairly absorbing history of the world according to Sheldon.

Posted in Architecture, Internet gambling, Macau, Sheldon Adelson, Singapore | 1 Comment

Wild, wild East; Fertitta remembered

Posted on October 24, 2014 by David McKee

Imagine a Las Vegas in which to play you were required to lay out at least $65 … and where the average minimum bet was $270, maybe even $320. You’d have Macao, whose players dwarf Vegas’ ($20 average minimum bet) … Continue reading →

Posted in Harrah's, history, International, Internet gambling, Lake Tahoe, Macau, Michael Gaughan, Singapore, Station Casinos, The Strip, Warner Gaming | 1 Comment

Tying the knot in Vegas and other diversions

Posted on October 16, 2014 by David McKee

Nevada‘s constitutional ban on gay marriage having been deemed unconstitutional, wedding chapels are kicking into high gear to prepare for a wave of same-sex nuptials. How is the casino industry responding to this sudden $50 million (projected) jackpot? Both Caesars … Continue reading →

Posted in Downtown, Economy, Foxwoods, Harrah's, Japan, Massachusetts, MGM Mirage, Mohegan Sun, Politics, Problem gambling, Sheldon Adelson, Singapore, Sports, The Strip, Tourism | Comments Off