Category Archives: Steve Wynn

Honey, I forgot the license!

Posted on July 2, 2010 by David McKee

Despite a record of failure, failure and even greater failure, three cronies of Pennsylvania Gov. Ed Rendell still have a chance of holding onto the comatose “Wynnwoods” casino project in Philadelphia. Somehow, Wynnwoods (officially known as Philadelphia Entertainment & Development … Continue reading →

Posted in Economy, Harrah's, Massachusetts, Pennsylvania, Politics, Regulation, Steve Wynn, Tribal, Wall Street | Comments Off on Honey, I forgot the license!

MGM Mirage jumps the shark

Posted on June 15, 2010 by David McKee

A foolish band of MGM Mirage shareholders did its best imitation of a herd of sheep and voted through management’s absolutely dreadful idea of renaming the company MGM Resorts International. So June 15 marks the date that the Mirage Resorts … Continue reading →

Posted in Atlantic City, CityCenter, Colony Capital, Current, Detroit, International, Marketing, MGM Mirage, Steve Wynn | 4 Comments

Cool breeze from Macao; Harrah’s panty raid stymied

Posted on June 11, 2010 by David McKee

One of Stanley Ho‘s lieutenants has scanned the 2010 horizon and doesn’t like what he sees. Sociedade de Jogos de Macau division president Frank McFadden believes VIP play will soften in 3Q-4Q10, as stock-market losses take their toll (a viewed … Continue reading →

Posted in Current, Detroit, Economy, Harrah's, Harry Reid, James Packer, Kansas, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Planet Hollywood, Politics, Regulation, Rhode Island, Sheldon Adelson, Stanley Ho, Steve Wynn | 6 Comments

That tricky Steve Wynn

Posted on June 11, 2010 by David McKee

As you probably saw on Twitter or LVA yesterday, Wynncore has quietly introduced a $20 “resort fee,” joining the parade of dishonor that includes practically everyone not named Harrah’s Entertainment or — believe it or not — Tamares Group. (Keeping … Continue reading →

Posted in Boyd Gaming, Current, Encore, Entertainment, Harrah's, Midnight Jim Gibbons, Station Casinos, Steve Wynn, Tamares Group, Taxes, The Strip | 8 Comments

So long, Sue, and thanks for playing

Posted on June 9, 2010 by David McKee

It’s back to her day job for Archon Corp. Secretary-Treasurer Sue Lowden, whose political aspirations experienced an embarrassing meltdown that some would call karmic,  redefining “epic fail.” Now she can focus on repairing a corporate image which The Newspaper That … Continue reading →

Posted in Archon Corp., Boyd Gaming, Current, Downtown, Economy, Election, Harry Reid, history, Laughlin, MGM Mirage, Michael Gaughan, Midnight Jim Gibbons, Movies, North Las Vegas, Phil Ruffin, Politics, Regulation, Reno, Sheldon Adelson, Sports, Steve Wynn, The Mob, The Strip, Wall Street | 2 Comments

Recovery: Wait ’til next year

Posted on June 7, 2010 by David McKee

Executives at MGM Mirage haven’t exactly changed their tune but they’ve tweaked the lyrics a bit. Whereas they used to predict a second-half upturn in 2010, now they say 2011 is the magic number and that they’ve got the numbers … Continue reading →

Posted in Atlantic City, CityCenter, Current, Economy, Illinois, Iowa, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Recovery: Wait ’til next year

Steve Wynn scores 50 grand

Posted on June 4, 2010 by David McKee

If this story, heard through the grapevine, isn’t true then it should be: Supposedly, on opening weekend at Encore Beach Club business was sufficiently brisk that bungalows were fetching as much as $20,000 apiece. One man was so desperate — … Continue reading →

Posted in Current, Encore, Entertainment, Steve Wynn, The Strip | 3 Comments

What is “brand equity”?

Posted on June 3, 2010 by David McKee

Isle of Capri execs break it down for us in this newly released video. Of course, the specific components of “brand equity” at Wynn Resorts would be quite different, as they would at Harrah’s Entertainment, etc. Isle was one of … Continue reading →

Posted in CityCenter, Current, Economy, Harrah's, Isle of Capri, Marketing, Missouri, Sheldon Adelson, Steve Wynn, The Strip | 4 Comments

“The CityCenter shuffle”; Atlantic City saved … for now

Posted on June 3, 2010 by David McKee

That’s what subcontractors are calling the maze of paperwork they’ve had to negotiate while laboring on MGM Mirage‘s $8.5 billion metaresort. When it comes to real estate and construction coverage in Las Vegas, there’s Tony Illia and then there’s everybody … Continue reading →

Posted in Aristocrat, Atlantic City, CityCenter, Economy, Internet gambling, MGM Mirage, Midnight Jim Gibbons, Politics, Sports, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Wall Street | 1 Comment

So much news …

Posted on June 2, 2010 by David McKee

… so little time. East Coast casinos are stepping up their Asian-American marketing … and people are complaining? Don’t do it and you’re culturally insensitive. Do it and you’re predatory. This is one of those perception battles casinos will never … Continue reading →

Posted in Ameristar, Boyd Gaming, Economy, Entertainment, Fontainebleau, Harrah's, Indiana, Marketing, MGM Mirage, Missouri, Penn National, Phil Ruffin, Riviera, Station Casinos, Steve Wynn, The Strip, Tropicana Entertainment | 2 Comments

Harrah’s $1.5B Bratislava bet; Marina Bay Sands booms; Falcons swoop upon Hilton, etc.

Posted on June 2, 2010 by David McKee

With almost no exception other than The Newspaper That Shall Remain Nameless, a $1.85 billion Metropolis project headed up by Harrah’s Entertainment has flown completely under the radar of the U.S. media ever since its announcement last October. Oh, some … Continue reading →

Posted in Animals, Atlantic City, Colony Capital, Current, Economy, Environment, Genting, Harrah's, International, James Packer, Labor, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Pansy Ho, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Tribal, TV, Wall Street | 2 Comments

When bad things happen to bad people … plus Cher

Posted on June 2, 2010 by David McKee

Two of the three casinos that say they were stiffed for $822,000 by ex-Boston Celtic Antoine Walker are now owned by Harrah’s Entertainment. The unlucky third is Red Rock Resort. Back “in the olden days” (a Sue Lowden-ism that’s quite … Continue reading →

Posted in Cretins, Economy, Entertainment, Fontainebleau, Harrah's, MGM Mirage, Movies, Planet Hollywood, Regulation, Sports, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism | 3 Comments

Politics, gaming getting hopelessly muddled

Posted on June 2, 2010 by David McKee

Primary day in Nevada is less than a week away and that’s far too long for my taste. If I had a dollar for every robo-call I’ve received and every expensive-looking flier that’s found its way into my mailbox (and … Continue reading →

Posted in Archon Corp., Current, Economy, Election, Labor, Politics, Sheldon Adelson, Steve Wynn, TV, Wall Street | 2 Comments

Case Bets: Station, Macao, Maryland, Missouri, Mississippi, Encore 2x, etc.

Posted on June 1, 2010 by David McKee

$864.5 million: That’s the magic number if you want to put in an opening bid on 11 Station Casinos properties (plus unspecified land and some tribal-casino-management contracts) come Aug. 6. Boyd Gaming‘s already made it clear that it’s good for … Continue reading →

Posted in Ameristar, Bally Technologies, Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, Encore, Entertainment, Harrah's, Horseracing, International, Isle of Capri, Macau, Maryland, Mississippi, Missouri, Ohio, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Tribal, Wall Street | 1 Comment

“Wynn Agonistes”

Posted on May 28, 2010 by David McKee

Aka Wynn’s Struggle, a melodrama in three acts. In Act I, impervious to irony, Steve Wynn chides Washington, D.C., for overspending, overborrowing and artificial economic stimulation … as though nothing like that happened right along the Las Vegas Strip. He … Continue reading →

Posted in Current, Economy, Entertainment, Macau, Marketing, Politics, Steve Wynn, Taxes, The Strip, Tourism, Wall Street | 5 Comments

X Train derailed; Wynn trumps Trump

Posted on May 24, 2010 by David McKee

It may already be time to stick a fork in the so-called X Train, which would use existing rail lines to carry gamblers from Los Angeles to Las Vegas. According to The Associated Press, X Train is being sued by … Continue reading →

Posted in California, Columbia Sussex, Donald Trump, Downtown, Golden Gaming, Station Casinos, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Transportation, Wall Street | 2 Comments

You have been warned

Posted on May 24, 2010 by David McKee

Yr. Humble Blogger will be rising shotgun again on the next edition of The Strip Podcast. A sinus headache is enough to sop me cold, so props to Steve Friess for soldiering on despite having one and a nasty cold … Continue reading →

Posted in Election, Entertainment, Marketing, Slot routes, Steve Wynn, Technology, The Strip, TV | 1 Comment

Hey, Gary Loveman …

Posted on May 20, 2010 by David McKee

… would it effing kill ya to send CFO Jonathan Halkyard down to Home Depot and pick up some Sherwin-Williams to slap on the old Paris-Las Vegas balloon? (If you think she looks bad from this angle, you should see … Continue reading →

Posted in Current, Dining, Harrah's, MGM Mirage, Steve Wynn, The Strip | 7 Comments

Paging Gary Loveman …

Posted on May 19, 2010 by David McKee

When it comes to bankruptcy, the Fertitta Brothers are pikers compared to magician Steve Wyrick, whose eponymous “entertainment complex” went “Poof!” last Dec. 10. At the time, Wyrick harangued LVA for announcing the closure, saying his return was imminent. We’re … Continue reading →

Posted in Archon Corp., Current, Election, Entertainment, Harrah's, Macau, Maryland, MGM Mirage, Pennsylvania, Planet Hollywood, Regulation, Station Casinos, Steve Wynn, The Mob, The Strip, Wall Street | Comments Off on Paging Gary Loveman …

Resorts World lifts Marina Bay Sands

Posted on May 13, 2010 by David McKee

Strongly early numbers and performance from Genting‘s Resorts World Sentosa metaresort are fueling bullish sentiment regarding Las Vegas Sands‘ $5.7 billion Marina Bay Sands megalith (above), part of a multi-pronged tourism push. Sentosa did $243 million in revenue and $79 … Continue reading →

Posted in Current, Economy, Genting, Regulation, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Tourism, Wall Street | Comments Off on Resorts World lifts Marina Bay Sands