Category Archives: Steve Wynn

Cosmo rides the wave; Old Sixty Votes rides again

Posted on December 7, 2010 by David McKee

It may be $1.9 billion over budget and 2.5 years behind schedule but The Cosmopolitan appears to be hitting the market with perfect timing. That’s good news for the 5,000 employees who are furiously getting acclimated with the new megaresort. … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Economy, Harrah's, Harry Reid, history, International, Internet gambling, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 1 Comment

Steve Wynn has a Rembrandt and you don’t

Posted on December 7, 2010 by David McKee

Uploaded just a couple of hours ago, here is the Wynn Resorts CEO making his first Facebook video on behalf of Twyla Tharp‘s Sinatra: Dance with Me. Could the touring attraction become a permanent fixture of Wynncore? We can but … Continue reading →

Posted in Current, Entertainment, history, Steve Wynn, The Strip | Comments Off on Steve Wynn has a Rembrandt and you don’t

2014 is the new 2007; Good news from Pennsylvania, Detroit

Posted on December 7, 2010 by David McKee

It will take Las Vegas seven years to return to its former prosperity. Or so concludes a new report from consulting firm PricewaterhouseCoopers, which sees casino revenue improving in late 2011 (in line with a Moody’s Investor Service report that … Continue reading →

Posted in Atlantic City, CityCenter, Current, Detroit, Economy, Harrah's, International, Macau, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Plaza, Sheldon Adelson, Singapore, Steve Wynn, Wall Street | 5 Comments

They’re just wild about Harry

Posted on December 3, 2010 by David McKee

An Alexandra Berzon byline in the Wall Street Journal, picked up by Politico.com (and forwarded to S&G by reader Hpark4) makes it implicitly clear why the casino industry’s Job One during the recent election cycle was to keep Sen. Harry … Continue reading →

Posted in Current, Harrah's, Harry Reid, Internet gambling, Louisiana, Planet Hollywood, Politics, Reno, Steve Wynn, World Series of Poker | 1 Comment

Cosmo attempts suicide; a big (Para)bounce?

Posted on December 2, 2010 by David McKee

Maybe Union Gaming analyst Bill Lerner knew something the rest of us didn’t when he predicted the opening of The Cosmopolitan (aka “Osmopo”) would improve business for other high-end hotels on the Strip. After all, what could send New Year’s … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Dining, Entertainment, George Maloof, Harrah's, Marketing, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 9 Comments

Macao smacks down Adelson

Posted on December 2, 2010 by David McKee

So the Chinese government was just bluffing, huh? Talk about taking land back was merely political posturing, was it? Once again, Wall Street and hubristic casino barons alike have been given a sharp reminder just who’s calling the shots over … Continue reading →

Posted in Current, Economy, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Wall Street | 1 Comment

Isle’s comeback continues; What’s in a Mystic?

Posted on December 1, 2010 by David McKee

Congratulations to Isle of Capri Casinos, winner of Missouri‘s 13th and final casino license. This morning, the Missouri Gaming Commission voted in favor of Isle’s $125 million Cape Girardeau project. Although all rival projects were budgeted higher, favorite-son Isle’s standing … Continue reading →

Posted in Ameristar, Boulder Strip, CityCenter, Current, Dubai, Economy, Isle of Capri, MGM Mirage, Minnesota, Missouri, Penn National, Pinnacle Entertainment, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tribal, Tropicana Entertainment | 3 Comments

Steelman: Small is profitable

Posted on November 15, 2010 by David McKee

Before he got elbowed aside in favor of ‘starchitects,’ Paul Steelman was one of the go-to designers on the Las Vegas Strip. He’s also one of the very few people who can say they’ve worked — without repercussion — for … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dining, Economy, Entertainment, IGT, International, Macau, MGM Mirage, Morgans Hotel Group, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Transportation | 5 Comments

Quote of the Day

Posted on November 10, 2010 by David McKee

“Garth Brooks may be a very talented performer but he’s not worth $253. Hell, I wouldn’t even pay $253 to see Elvis if you could resurrect him.” — Las Vegas Sun reader Phillip McWatt, balking at a $100 price increase … Continue reading →

Posted in Current, Economy, Entertainment, Steve Wynn, The Strip, Tourism | 6 Comments

Steve Wynn & the Half-Blood Princes; Harrah’s thinks ahead; rough road for Revel

Posted on November 9, 2010 by David McKee

Count Wynn Las Vegas President Andrew Pascal among the casualties of Steve Wynn‘s divorce from ex-wife Elaine Wynn. As of Monday, former nephew-in-law Pascal joined the ranks of Nevada‘s unemployed, ceding authority to Marilyn Winn. Pun opportunities aside, Winn’s sudden … Continue reading →

Posted in Atlantic City, California, Current, Economy, Entertainment, Environment, George Maloof, Harrah's, Indiana, Macau, Missouri, Movies, Regulation, Station Casinos, Steve Wynn, The Strip, Tribal, Wall Street | 4 Comments

Sheldon Adelson, beard

Posted on November 9, 2010 by David McKee

Last week, S&G unearthed a contribution from self-professed “too liberal” Sheldon Adelson to flaming homophobe Rep. Michele Bachmann (R-MN). Turns out, she’s not the only apostle of intolerance with whom Adelson has crept under the covers. Last Sunday, the Las … Continue reading →

Posted in Election, Harrah's, International, Macau, MGM Mirage, Midnight Jim Gibbons, Politics, Sheldon Adelson, Steve Wynn | 8 Comments

Quote of the Day

Posted on November 9, 2010 by David McKee

“When inequality rises, the richest rake in their winnings and buy even bigger mansions and fancier cars. Those a notch below then try to catch up, and end up depleting their savings or taking on more debt, making a financial … Continue reading →

Posted in Current, Economy, Steve Wynn, Taxes | 1 Comment

G2E bargain at Station; analysts split on Sands

Posted on November 8, 2010 by David McKee

If you’re looking for an affordable room in Las Vegas during Global Gaming Expo, try Expedia‘s German site (“.de”). A European-based S&G source reports finding rooms at Boulder Station going for €57 and Fiesta Rancho asking €59 — or $79 … Continue reading →

Posted in Current, Economy, Florida, G2E, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pennsylvania, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Texas, The Strip, Tourism, Wall Street | 3 Comments

Iowa is flat

Posted on November 4, 2010 by David McKee

Actually it’s not, if you’ve lived there (as I did for four wonderful years). However, Iowa‘s casino industry is, down one-tenth of a percent from October 2009. Actually, nine of the 17 non-tribal casinos recorded revenue increases, particularly the small … Continue reading →

Posted in Ameristar, Colorado, Cordish Co., Current, Economy, Election, Harrah's, Horseracing, Illinois, Indiana, Iowa, Isle of Capri, Laughlin, Maryland, Missouri, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, The Strip, Wall Street | 1 Comment

Big Gaming’s big win

Posted on November 3, 2010 by David McKee

When the dust settled — and did so quite quickly on Election night — GOP pollster Frank Luntz had it right and everybody else had it wrong. Instead of experiencing a fatal wound or even the electoral near-death experience of … Continue reading →

Posted in Ameristar, Current, Economy, Election, Harrah's, Harry Reid, Internet gambling, MGM Mirage, Politics, Problem gambling, Regulation, Station Casinos, Steve Wynn, Wall Street | 3 Comments

Wynndia?

Posted on November 2, 2010 by David McKee

What do you do if you’re Steve Wynn and you blew it in Singapore? Leapfrog to feeder market India and plant the idea of ‘integrated resorts’ there, what else? Below is the feature-length (45 minutes) version of the interview, which … Continue reading →

Posted in Economy, Internet gambling, Macau, Steve Wynn, Tourism, TV | Comments Off on Wynndia?

Twilight of the gods?

Posted on November 2, 2010 by David McKee

It’s been obvious since jump street that MGM Resorts International bit off more than it could chew when it upsized its ambitions for the old Boardwalk site into a civic citadel, a Valhalla on the Strip. Behind CEO Jim Murren‘s … Continue reading →

Posted in Architecture, Cirque du Soleil, CityCenter, Current, Dining, Dubai, Entertainment, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tourism | 2 Comments

Murren: I heart CityCenter; Wynn: I heart China; Angle: I heart Latinos … plus Boyd’s new fragrance

Posted on October 29, 2010 by David McKee

MGM Resorts International and old ball and chain Dubai World have consummated a deal to extend $1.8 billion in CityCenter loans, a reworking that MGM CEO Jim Murren calls “a capital structure that’s much more … in keeping with a … Continue reading →

Posted in Architecture, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, CityCenter, Columbia Sussex, Current, Dubai, Economy, Election, Environment, Harrah's, Macau, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Transportation, TV, Wall Street | 6 Comments

Harrah’s to the rescue; Penn Nat’l bigfoots Maryland dispute

Posted on October 26, 2010 by David McKee

If — as appears to be the case — a deal to have Harrah’s Entertainment take over the stalled Foxwoods casino project in Philadelphia is all but done, hopefully it will render the question moot as to whether the casino … Continue reading →

Posted in Charity, Cordish Co., Current, Election, Harrah's, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Steve Wynn, Tribal | Comments Off on Harrah’s to the rescue; Penn Nat’l bigfoots Maryland dispute

F-blew: The incredible bulk

Posted on October 25, 2010 by David McKee

A friend of S&G was recently staying at Wynncore and got this rude surprise when he looked out his north-facing window: No, somebody didn’t topple the Stratosphere in the dead of night. So immense is the unfinished hulk of Fontainebleau … Continue reading →

Posted in Architecture, Carl Icahn, Economy, Encore, Fontainebleau, Goldman Sachs, history, Planet Hollywood, Steve Wynn, The Strip | 6 Comments