Category Archives: Steve Wynn

Best-kept secret in Vegas

Posted on January 20, 2011 by David McKee

Best-kept secret in Vegas. It’s the pool deck at Cosmopolitan, according to an S&G reader who visited it after dark and found but four patrons hanging out on its shores. The missus and I checked it last night and, sure … Continue reading →

Posted in Architecture, Cosmopolitan, Current, Dining, Economy, Entertainment, Massachusetts, Politics, Steve Wynn, The Strip, Tourism, Tribal | 5 Comments

Rooms at the top

Posted on January 18, 2011 by David McKee

It’s been a bumpy and expensive education in the Las Vegas casino business for Goldman Sachs. However, the banking house is giving its flagship property, the Stratosphere, a new look (and a new general manger to go with it). If … Continue reading →

Posted in Alex Yemenidjian, Current, Donald Trump, Economy, Goldman Sachs, Herbst Gaming, Isle of Capri, Marketing, Steve Wynn, The Strip | 2 Comments

Quote of the Day

Posted on January 13, 2011 by David McKee

“Sahara is a dirty hell hole. This is all you need to know.” — Vegas Tripping, naming the minaret-topped casino the worst on the Strip. Congratulations to Sam Nazarian and new minority owner Colony Capital, which really knows how to … Continue reading →

Posted in Colony Capital, Current, Harrah's, Sahara, Steve Wynn, Technology, The Strip | 3 Comments

Saved!

Posted on January 12, 2011 by David McKee

Illinois‘ casino industry just dodged a bullet the size of a 747 when the lower house failed to bring a gaming-expansion bill to a vote last night. A new Legislature is sworn in today, sending this colossally bad and ill-timed … Continue reading →

Posted in Cirque du Soleil, Current, Economy, Entertainment, Florida, Harrah's, Illinois, Internet gambling, Macau, Melco Crown Entertainment, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip | 4 Comments

Nevada’s November: rough sledding; Sunny Sheldon

Posted on January 11, 2011 by David McKee

If pressed for a prediction, I’d say 2011 will be a good year for the Strip, not so much for the rest of the Silver State. Just when I was feeling a bit queasy about November’s gaming revenues, Dr. David … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Cretins, Current, Downtown, Florida, Horseracing, Laughlin, LVCVA, Macau, Massachusetts, MGM Mirage, North Las Vegas, Politics, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Tourism, TV, Wall Street | 4 Comments

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

Ruffin on the prowl; Penn’s blown opportunity

Posted on December 28, 2010 by David McKee

So much for the conventional wisdom that Phil Ruffin was just hanging onto Treasure Island for a few years to help MGM Resorts International through a rough patch. Seems he’s subsequently made offers for The Mirage (whose infrastructure is symbiotic … Continue reading →

Posted in Columbia Sussex, Current, Economy, Entertainment, Fontainebleau, Harrah's, International, Kansas, MGM Mirage, Mississippi, Penn National, Phil Ruffin, Steve Wynn, Tribal | 6 Comments

Morning in Vegas? Karma 2, Penn Nat’l 0

Posted on December 21, 2010 by David McKee

Having been burned by a few too many “false positives” in terms of economic recovery, S&G is loath to get anyone’s hopes up. (And some remain skeptical.) However, another room-rate survey from J.P. Morgan provides license for optimism. As you … Continue reading →

Posted in Cosmopolitan, Economy, Election, Harrah's, Ohio, Penn National, Steve Wynn, Taxes, The Strip, Tourism, Wall Street | 4 Comments

Quote of the Day

Posted on December 20, 2010 by David McKee

“Money is not everything in life. Happiness is much more important than money. After all, money is a good servant, but a very bad master. Perhaps that is a lesson that Steve Wynn should learn.” — former Wynn Las Vegas … Continue reading →

Posted in Cosmopolitan, Current, Steve Wynn, The Strip | 2 Comments

NLRB deals Wynn a rebuke; The twilight of Stanley Ho

Posted on December 17, 2010 by David McKee

Steve Wynn has enjoyed so many victories in his long-running battle with his casino dealers that he was perhaps overdue for a loss. It came yesterday when the National Labor Relations Board ruled that Wynn Resorts had engaged in retaliation … Continue reading →

Posted in Charity, Current, Election, Iowa, Kansas, Louisiana, Macau, Movies, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism, Tribal | 1 Comment

Horseshoe Philadelphia goes into deep freeze

Posted on December 17, 2010 by David McKee

After four interminable years, that on-again/off-again casino project on the Philadelphia waterfront has been put out of its misery. Comcast‘s Ed Snider, his fellow juiced-in investors and putative savior Caesars Entertainment had the rug yanked from beneath them in a … Continue reading →

Posted in Atlantic City, Charity, Current, Economy, Harrah's, Maryland, Pennsylvania, Politics, Regulation, Station Casinos, Steve Wynn, Tribal | Comments Off on Horseshoe Philadelphia goes into deep freeze

Cosmo: Let the debate commence!

Posted on December 16, 2010 by David McKee

Leading lights of the blog world were on hand for last night’s Cosmopolitan of Las Vegas coming-out party and had pretty divergent reactions. Steve Friess is keeping his opinion of the property to himself but he’s among those who are … Continue reading →

Posted in Architecture, CityCenter, Cosmopolitan, Current, G2E, Marketing, MGM Mirage, Steve Wynn | Comments Off on Cosmo: Let the debate commence!

Cosmo: the morning after; “Sinatra” too sexy?

Posted on December 16, 2010 by David McKee

Although I’m still feeling somewhat the worse for wear from last night’s Cosmopolitan of Las Vegas opening-night bacchanalia, a quick observations are in order. Filled with people, Cosmo’s virtues are magnified, its vices minimized (with one glaring exception to which … Continue reading →

Posted in Cirque du Soleil, CityCenter, Cosmopolitan, Current, Dining, Encore, Entertainment, Macau, MGM Mirage, Planet Hollywood, Steve Wynn, TV | 5 Comments

Cosmopolitan: Towers of Babel

Posted on December 15, 2010 by David McKee

It’s here and it’s a sensory overload. If the severe CityCenter six-pack is a convent of Carmelite nuns, The Cosmopolitan of Las Vegas is a drag queen. It’s unstintingly flamboyant, often fabulous, unremittingly outrageous and campy as all get-out. On … Continue reading →

Posted in Architecture, CityCenter, Cosmopolitan, Current, Dining, Entertainment, Fontainebleau, IGT, LVCVA, MGM Mirage, Movies, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism | 8 Comments

Ameristar: No Sale; Bad news for Caesars

Posted on December 15, 2010 by David McKee

It’s back to business as usual for Ameristar Casinos, whose board decided “a sale is not in the best interests of the Company and its stockholders at this time.” Which is a nice way of saying there’s no bidding war … Continue reading →

Posted in Ameristar, Boyd Gaming, Economy, Harrah's, Iowa, Kansas, Macau, MGM Mirage, Pansy Ho, Penn National, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Wall Street | Comments Off on Ameristar: No Sale; Bad news for Caesars

D-Day for Philadelphia

Posted on December 13, 2010 by David McKee

Investors in the stymied Foxwoods Philadelphia riverfront casino project have a date with the Pennsylvania Gaming Control Board on Thursday. That’s where they’ll make their last-ditch pitch to retain custody of the project. State legislators and other officials have voiced … Continue reading →

Posted in Cosmopolitan, Current, Donald Trump, Economy, Harrah's, LVCVA, Marketing, MGM Mirage, Pennsylvania, Regulation, Steve Wynn, The Strip, Tourism, Tribal, Vdara Death Ray | 1 Comment

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

Cosmo: The curious case of “the curious class”

Posted on December 9, 2010 by David McKee

It seems like David G. Schwartz is everywhere today. Las Vegas’ resident casino expert has not one but two stories out on The Cosmopolitan. From what he writes, Cosmo execs have convinced themselves they’ve reinvented the casino. It hinges upon … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Donald Trump, G2E, Harry Reid, International, Internet gambling, MGM Mirage, Midnight Jim Gibbons, Sheldon Adelson, Steve Wynn, Taxes, Tribal, Wall Street | 3 Comments

Nevada: “Cautious optimism”

Posted on December 9, 2010 by David McKee

That’s how UNLV‘s gaming guru, Prof. David G. Schwartz, describes his reaction to the October revenue numbers, released today. The 11% autumnal bounce may be less notable for the fact that the Strip was up 16% than the fact that … Continue reading →

Posted in Animals, Boulder Strip, Boyd Gaming, Cordish Co., Current, Downtown, Economy, history, International, Marketing, Mesquite, MGM Mirage, Pets, Regulation, Reno, Sheldon Adelson, Steve Wynn, Technology, The Strip, Tourism, Wall Street | 1 Comment

Case Bets: Adelson vs. China; Cirque du Avatar? Indiana wallops Illinois

Posted on December 8, 2010 by David McKee

In a lengthy Asia Times dispatch, the reliable Muhammad Cohen runs through various scenarios about why the government of Macao would pull back two Cotai Strip™ sites from a ‘george’ investor like Las Vegas Sands. Since the acreage will probably … Continue reading →

Posted in Ameristar, Atlantic City, Cirque du Soleil, Colony Capital, Economy, Entertainment, Harrah's, Illinois, Indiana, Macau, MGM Mirage, Movies, Ohio, Penn National, Politics, Racinos, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal | 3 Comments