Category Archives: Steve Wynn

Turnaround for Lady Luck?

Posted on June 20, 2008 by David McKee

A reliable source sees some light at the end of the Lady Luck tunnel: “CIM took ownership of the timeshare property last Oct. as LL Timeshare. Just this month they’re doing the individual deed assignments.” Don’t get your hopes up … Continue reading →

Posted in Downtown, International, James Packer, Macau, MGM Mirage, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street | Comments Off on Turnaround for Lady Luck?

Blasts from the past

Posted on June 18, 2008 by David McKee

Snuggled inconspicuously in a recent El Cortez press release was the disclosure that the newly reconfigured ownership will include one Lonny Zarowitz. The aforesaid Zarowtiz figures briefly in John L. Smith's Running Scared: The Life and Treacherous Times of Las … Continue reading →

Posted in Downtown, Harrah's, International, Regulation, Steve Wynn, The Strip, TV | Comments Off on Blasts from the past

Wynn tells Wall Street where to go

Posted on May 2, 2008 by David McKee

Not so long ago, Steve Wynn stated an obvious truth: The our deepening recession would impact Las Vegas sooner or later. Wall Street promptly punished him by selling down Wynn Resorts stock. Fast-forward a few months and now it’s the conventional wisdom … Continue reading →

Posted in Columbia Sussex, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Wall Street | Comments Off on Wynn tells Wall Street where to go

MGM Mirage: What's it all about?

Posted on April 16, 2008 by David McKee

By now it’s old news that MGM Mirage took a paring knife to its personnel roster and gave 440 staffers the sack on Monday. Admittedly, saving $75 million seems like trimming a fingernail off a company whose 2007 profit was … Continue reading →

Posted in Atlantic City, Columbia Sussex, Indiana, MGM Mirage, Mississippi, Steve Wynn, The Strip | Comments Off on MGM Mirage: What's it all about?

High spirits in Evansville

Posted on April 7, 2008 by David McKee

The acquisition, by Reno's own Eldorado Resorts, of the Casino Aztar riverboat, is playing to the expected hosannas. Interestingly, while 21% of the workforce was pink-slipped by outgoing owner Columbia Sussex, that seems to be the least of players' concerns. … Continue reading →

Posted in Atlantic City, Columbia Sussex, Indiana, Steve Wynn, Taxes, The Strip | Comments Off on High spirits in Evansville

Case Bets for St. Valentine's Day

Posted on February 14, 2008 by David McKee

Liz Benston crunches the numbers on the much-touted "40,000 new rooms" and finds only two-thirds that many. I mean, 26.6K hotel rooms isn't shabby but, if you threw the numbers together the way civic boosters do (mixing completed projects with … Continue reading →

Posted in Detroit, Downtown, Election, Louisiana, Sheldon Adelson, Steve Wynn | Comments Off on Case Bets for St. Valentine's Day