Category Archives: Steve Wynn

Taking it to the streets in Massachusetts, New York

Posted on September 24, 2014 by David McKee

While polls show casino repeal losing by larger and larger margins, MGM Resorts International and Penn National Gaming are taking no chances. (Wynn Resorts, cravenly, is sitting it out.) In the first TV salvo of the fall campaign, MGM Springfield … Continue reading →

Posted in Economy, Election, Genting, Harrah's, Massachusetts, MGM Mirage, New York, Penn National, Regulation, Steve Wynn, TV | Comments Off on Taking it to the streets in Massachusetts, New York

Wynn: What, me worry?; Clouds over Wisconsin

Posted on September 23, 2014 by David McKee

Steve Wynn is taking the softness of the Macao market in stride. “When you see that kind of adjustment, you adjust your business. You take tables away from VIP and put them into mass or premium mass,” he told Chinese reporters. … Continue reading →

Posted in Atlantic City, Economy, Florida, Hard Rock International, Illinois, Japan, Macau, Politics, Sheldon Adelson, Steve Wynn, Tribal, Trump Entertainment Resorts, Wisconsin | Comments Off on Wynn: What, me worry?; Clouds over Wisconsin

Quote of the Day

Posted on September 22, 2014 by David McKee

“I think we need intervention from the people who appointed [the Massachusetts Gaming Commission]. They’ve clearly gone beyond their duty.” — Boston Mayor Martin “McCheese” Walsh, raging at the MGC for choosing to award a casino license to Wynn Resorts … Continue reading →

Posted in Massachusetts, Mohegan Sun, Politics, Regulation, Steve Wynn | 1 Comment

Caesars inspires legislation; Decision time for Wynn

Posted on September 18, 2014 by David McKee

As New Jersey forces the issue of sports betting, two lawmakers are offering the major leagues the one thing they can’t resist: money. State Sen. James Whelan (D) and Asm. Vincent Mazzeo (D) are propounding a quarter-of-a-percent tax on all wagers. … Continue reading →

Posted in Atlantic City, Election, Glenn Straub, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Revel, Sports, Steve Wynn | Comments Off on Caesars inspires legislation; Decision time for Wynn

Boston: Wynn wins!; Changing horses at Boyd

Posted on September 17, 2014 by David McKee

Although the Massachusetts Gaming Commission put Wynn Resorts through the wringer this past week, when the chips were down Wynn emerged the winner by a 3-1 vote. The positive verdict comes with some conditions, so a second vote will be … Continue reading →

Posted in Architecture, Boyd Gaming, Election, Horseracing, Macau, Massachusetts, Mohegan Sun, Steve Wynn, Wall Street | Comments Off on Boston: Wynn wins!; Changing horses at Boyd

Boston: Wynn takes a stand

Posted on September 16, 2014 by David McKee

Friday will go down as the day Steve Wynn told the Massachusetts Gaming Commission where it could get off. In a letter to the commissioners, Wynn “said Wynn Resorts would not alter the design of their proposed 27-story hotel tower in … Continue reading →

Posted in Architecture, history, Maine, Marketing, Massachusetts, Mississippi, Mohegan Sun, Ohio, Penn National, Racinos, Regulation, Steve Wynn, Transportation | Comments Off on Boston: Wynn takes a stand

‘I’m poorer than you are’

Posted on September 15, 2014 by David McKee

That’s the argument being reiterated in New York State, as impoverished cities and their would-be casino saviors fight for over one or (more likely) two casino licenses. Case in point: Newburgh, where Mayor Judy Kennedy (left) has become a media celebrity of … Continue reading →

Posted in Architecture, Economy, Genting, Massachusetts, Mohegan Sun, New York, Regulation, Steve Wynn | Comments Off on ‘I’m poorer than you are’

Wynn battles Boston

Posted on September 12, 2014 by David McKee

Despite leading Mohegan Sun on points, Steve Wynn seems far from a TKO for a Boston casino. (For the full monty on both projects, the Massachusetts Gaming Commission provides heavy detail.) For one thing, Mayor Martin Walsh‘s administration appears to be … Continue reading →

Posted in Horseracing, Massachusetts, Mohegan Sun, Regulation, Rhode Island, Steve Wynn, Transportation | Comments Off on Wynn battles Boston

Boston: Another agonizing delay; Loveman: Don’t worry, be happy

Posted on September 11, 2014 by David McKee

Just when it looked like the suspense would be ended over who’d get the Boston-area casino, the slow-moving Massachusetts Gaming Commission imposed another week’s delay on the process. Basically, commissioners want Wynn Resorts to do better than it has in … Continue reading →

Posted in Alabama, Architecture, Atlantic City, Cordish Co., Genting, Harrah's, history, Marketing, Massachusetts, Mohegan Sun, New York, Penn National, Pennsylvania, Regulation, Steve Wynn, Transportation | Comments Off on Boston: Another agonizing delay; Loveman: Don’t worry, be happy

Decision time in Boston

Posted on September 9, 2014 by David McKee

At last, the Massachusetts Gaming Commission is taking up the Steve Wynn vs. Mohegan Sun battle for a Boston-area casino. Hearings began yesterday, with one round going to each challenger. Wynn Resorts surprisingly (given its reputation) lost the swimsuit competition, … Continue reading →

Posted in Architecture, Cordish Co., Environment, Harrah's, Internet gambling, Maryland, Massachusetts, Mohegan Sun, Penn National, Racinos, Singapore, Steve Wynn | Comments Off on Decision time in Boston

Sold down the river; Wynn makes critical offer

Posted on September 5, 2014 by David McKee

For sale: One casino riverboat, heavily used. Penn National Gaming asked for — and received — dismissal of a bankruptcy petition, opting to sell the Belle of Sioux City on the open market. You might think it would be difficult … Continue reading →

Posted in Derek Stevens, Dining, Downtown, Entertainment, Iowa, Massachusetts, Penn National, Regulation, Steve Wynn, The Strip | Comments Off on Sold down the river; Wynn makes critical offer

Oh no, not again!

Posted on September 4, 2014 by David McKee

Trump Taj Mahal is heading back to a familiar bookmark: Chapter 11 bankruptcy. The casino is in violation of certain loan covenants and talks with creditors have proven unfruitful. The one creditor who really matters is Carl Icahn and he’s … Continue reading →

Posted in Atlantic City, Carl Icahn, Election, Entertainment, Marketing, Massachusetts, Mohegan Sun, Revel, Steve Wynn, Trump Entertainment Resorts, Wall Street | 1 Comment

Strangest story of the year

Posted on August 29, 2014 by David McKee

Steve Wynn‘s Encore is making news in a way its owner would probably prefer it didn’t (and not for the first time this year). Bryanna Warren, Trinity Kennard and Charmella Triggs picked up a couple of guys in an Encore bar … Continue reading →

Posted in Cretins, Steve Wynn, The Strip, Tribal, TV | Comments Off on Strangest story of the year

Quote of the Day

Posted on August 25, 2014 by David McKee

“We have reached a point in the state of Nevada where our current laws governing gay and lesbian marriage have made our most vital industry, tourism, uncompetitive.” — Wynn Resorts Senior Vice President of Marketing Michael Weaver, on Nevada’s gay-marriage … Continue reading →

Posted in Steve Wynn, Tourism | Comments Off on Quote of the Day

Sam’s Place

Posted on August 22, 2014 by David McKee

“The Sahara is gone. The SLS is here. Before long … we’ll only be talking about the SLS.” That was the Great & Powerful Harry Reid, administering a verbal beatdown to anyone still nostalgic for the Sahara. Reid’s dose of Tough … Continue reading →

Posted in Architecture, CityCenter, Dining, Harry Reid, MGM Mirage, Sahara, Sam Nazarian, Steve Wynn | 1 Comment

Quote of the Day

Posted on August 22, 2014 by David McKee

Steve Wynn: What is SLS? Sam Nazarian: “Sam loves Steve.” — telephone exchange between Wynn and Nazarian, as retold by Sen. Harry Reid (D-NV) at today’s SLS Las Vegas press conference.

Posted in Harry Reid, Sam Nazarian, Steve Wynn | Comments Off on Quote of the Day

The return of the Strip; Panic over Macao

Posted on August 18, 2014 by David McKee

Las Vegas‘ recovery from the Great Recession is all but official. To be truthful, a number of us — myself in particular — thought we were being played for suckers when Sam Nazarian closed the Sahara and promised to be … Continue reading →

Posted in Carl Icahn, Fontainebleau, Genting, International, James Packer, Macau, Melco Crown Entertainment, MGM Mirage, Sam Nazarian, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Wall Street, Westgate LV | 4 Comments

Exit Revel, eight days early

Posted on August 18, 2014 by David McKee

Labor Day has taken on a cruel, new meaning in Atlantic City, where it will mark the closure of Revel‘s hotel. (The casino will stay open until dawn on Sept. 2.) This takes away eight days of employment that soon-to-be-jobless … Continue reading →

Posted in Atlantic City, Cordish Co., Delaware, Economy, Harrah's, Maryland, Racinos, Revel, Steve Wynn, The Strip | 1 Comment

Las Vegas: From China, with money

Posted on August 13, 2014 by David McKee

As China pays closer scrutiny to VIP play — and where the money is coming from — it’s driven down the high-end action in Macao … and redirected it toward Las Vegas. Said Telsey Advisory Group analyst Chris Jones, “One thing … Continue reading →

Posted in Economy, International, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Las Vegas: From China, with money

The majesty of the law

Posted on August 12, 2014 by David McKee

For years New Jersey casino regulators have had to endure legislative backchat that they’re overstepping their authority. This week, lawmakers learned that such regulatory authority doesn’t extend as far as they thought. Even in its most dire straits, the Tropicana … Continue reading →

Posted in Atlantic City, Harrah's, Internet gambling, Massachusetts, Regulation, Sheldon Adelson, Steve Wynn, Trump Entertainment Resorts | 1 Comment