Category Archives: Tamares Group

Culinary Union declares war on Deutsche Bank; The NFL’s dirty hands

Posted on September 14, 2015 by David McKee

Deutsche Bank, in its role as 25% shareholder in Station Casinos, continues to draw fire from the Culinary Union. Let’s clear up a couple of things first. Yes, the Culinary still has an axe to grind with Station over the … Continue reading →

Posted in Culinary Union, Entertainment, Harrah's, history, Oklahoma, Regulation, Sam Nazarian, Sports, Station Casinos, Tamares Group, Tribal | Comments Off

Those tight slots; A birthday for Horseshoe

Posted on August 20, 2015 by David McKee

When one reads that casino revenues were up in, say, Indiana, despite lower foot traffic, you’ve got to wonder how its done. Applied Analysis has the answer: Slot holds are at “all-time highs,” meaning that some of the economic recovery … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Baseball, Derek Stevens, Downtown, Economy, Harrah's, Indiana, Maryland, Penn National, Regulation, Tamares Group, Technology, The Strip, Wall Street, WMS Industries | 5 Comments

So long, Las Vegas Club

Posted on August 17, 2015 by David McKee

The countdown has begun toward a Wednesday closing of the Las Vegas Club. It’s surprising that it took five years for new co-owner Derek Stevens to persuade Tamares Group to part with the casino, considering how flummoxed Tamares was at … Continue reading →

Posted in Derek Stevens, Donald Trump, Downtown, Election, Internet gambling, Sheldon Adelson, Tamares Group | 1 Comment

Vegas Club rescued; Straight talk from Steve Wynn

Posted on August 14, 2015 by David McKee

Good news for fans of the Las Vegas Club (and you know who you are): Its long Tamares Group nightmare will soon be over. Tamares has sold the Vegas Club to the D owner Derek Stevens and his brother for … Continue reading →

Posted in Architecture, Derek Stevens, Donald Trump, Downtown, Economy, Golden Gaming, Macau, Penn National, Regulation, Steve Wynn, Tamares Group, The Strip, Wall Street | 3 Comments

Wynn splits expectations

Posted on July 30, 2015 by David McKee

Wynn Resorts split Wall Street expectations for cash flow in Macao last quarter, as well as on the Las Vegas Strip. Analyst Carlo Santarelli of Deutsche Bank said Wynn’s Vegas room revenue “wasn’t great” and characterized management’s projections as “a tad aggressive.” … Continue reading →

Posted in Cirque du Soleil, Downtown, Economy, Entertainment, Macau, Massachusetts, Planet Hollywood, Steve Wynn, Tamares Group, Technology, The Strip, Transportation, Wall Street | 1 Comment

Mirage sold?; Cosmo post-mortem; Ivey counterattacks

Posted on July 28, 2015 by David McKee

Our crackerjack research department at LVA is hot on the trail of a report that MGM Resorts International is going to shuck one of its signature properties, The Mirage, lock, stock and volcano. A sale of the megaresort that changed … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cosmopolitan, Idaho, International, MGM Mirage, North Las Vegas, Riviera, Steve Wynn, Tamares Group, Technology, The Strip, Tribal | 1 Comment

Wynn faces sore loser in Boston

Posted on January 6, 2015 by David McKee

Steve Wynn was finally able to close a $35 million deal on the site of his Everett, Massachusetts, casino project. That’s good, because Wynn has to deal with new perfidy from Boston Mayor Martin “McCheese” Walsh. The latter’s long silence … Continue reading →

Posted in Derek Stevens, Downtown, Massachusetts, Politics, Regulation, Steve Wynn, Tamares Group, Technology | 1 Comment

All Wynn, all the time

Posted on October 1, 2014 by David McKee

Posted in Carl Icahn, Economy, Fontainebleau, G2E, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Pennsylvania, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tamares Group, Taxes | Comments Off

N.Y.: We’re poorer than you; Shame at the Plaza

Posted on July 14, 2014 by David McKee

That casino battle in New York State is evolving into a war of words. At stake is who can prove they’re poorer than the next guy. A study commissioned by the Sullivan County Partnership for Economic Development reached the perverse point of … Continue reading →

Posted in Downtown, Economy, Harrah's, New York, Regulation, Tamares Group | 2 Comments

Caution at MGM, audacity at Caesars; Cortez crumbles

Posted on May 28, 2014 by David McKee

As the line continues to blur between social gaming and real-money gambling, MGM Resorts International continues to hang back from the latter and favor the former. It’s putting its efforts into a free-play site that offers M Life rewards, as … Continue reading →

Posted in Culinary Union, Downtown, Harrah's, Internet gambling, MGM Mirage, Tamares Group, Terry Caudill | Comments Off

And then there were fewer; The Culinary’s empty threats

Posted on May 20, 2014 by David McKee

Scratch two names from the mad scramble for a New York State casino. The vaguely interested Rolling Hills Entertainment is out but it was a long shot. Of greater consequence is Pinnacle Entertainment‘s abandonment of its pursuit of the Albany … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Culinary Union, Derek Stevens, Downtown, Harrah's, Illinois, Maryland, New York, Pinnacle Entertainment, Racinos, Tamares Group, Taxes, Terry Caudill | Comments Off

Las Vegas, Wranglers both grounded

Posted on April 16, 2014 by David McKee

Reports of Las Vegas‘ rebirth have been greatly exaggerated … or so the Brookings Institute‘s Mountain Monitor tells us. True, job growth was second only to Phoenix‘s, at almost 1% and double the regional average. Most of that growth, however, … Continue reading →

Posted in Current, Economy, Sports, Tamares Group | Comments Off

Dramatic turnarounds in Massachusetts; Tribe-on-tribe conflict in California

Posted on March 19, 2014 by David McKee

Hopes that the Mashpee Wampanoags have for a casino got a big lift on March 12. That’s when Interior Department Solicitor Hilary Tompkins ruled that tribes not recognized before 1934 weren’t excluded from casino eligibility. In her interpretation of the … Continue reading →

Posted in Boyd Gaming, California, Culinary Union, Derek Stevens, Downtown, Goldman Sachs, Harrah's, Horseracing, Massachusetts, Mohegan Sun, Regulation, Station Casinos, Steve Wynn, Tamares Group, Terry Caudill, The Strip, Tilman Fertitta, Tribal | Comments Off

Wranglers find new home; Riding El Loco

Posted on February 19, 2014 by David McKee

Having been turfed out of The Orleans, the Las Vegas Wranglers hockey team has been bereft of a home. But they’ve paired up with Tamares Gaming in an unusual move. The Wranglers — rink, stands, zamboni and all — will … Continue reading →

Posted in Bally Technologies, Boyd Gaming, Downtown, Entertainment, MGM Mirage, New York, Racinos, Sports, Tamares Group, Technology, The Strip | Comments Off

Changing of the Guard at Bally; Whence Mecca?

Posted on November 25, 2013 by David McKee

Now that the Bally Technologies takeover of Shuffle Entertainment is a done deal, there’s a bit of musical chairs to be played. Senior Vice President for Law & Government Mark Lerner will be eased out, in favor of Shuffle’s general counsel, … Continue reading →

Posted in Bally Technologies, Downtown, Economy, Macau, Planet Hollywood, Shuffle Master, Tamares Group | Comments Off

X Train dead? Is so! Is not!

Posted on November 15, 2013 by David McKee

“I’ll believe when I see it” has always been a good policy to follow when dealing with the X Train. This, you may recall, was the rail service that was to be underwritten with onboard gambling and was to double … Continue reading →

Posted in Current, Dining, Downtown, North Las Vegas, Tamares Group, Tourism, Transportation | Comments Off

Positive auguries in New York

Posted on October 29, 2013 by David McKee

Supporters of more casinos in New York State have been a little anxious about sentiment in New York City, where the fate of the constitutional amendment is expected to rest. They may be breathing a sigh of relief today after … Continue reading →

Posted in Dining, Downtown, Economy, Election, Foxwoods, Macau, Mohegan Sun, New York, Sheldon Adelson, Tamares Group | Comments Off

What happens here …

Posted on April 23, 2013 by David McKee

View more videos at: http://nbclosangeles.com. … gets shipped to California. It certainly adds an element of color to your next visit to the Plaza, adjacent to the Las Vegas bus depot.

Posted in California, Current, Downtown, Politics, Tamares Group | 1 Comment

Siegel in Glitter Gulch? Down, but not out?

Posted on April 18, 2013 by David McKee

S&G contributor Jeff_in_OKC has been reading the entrails of the recent demise of the Gold Spike (which had seemed to be doing so much better under Spiegel Group) and sees cause for hope. Other nearby casinos weren’t slow to court … Continue reading →

Posted in Current, Downtown, Hard Rock Hotel, Tamares Group | 2 Comments

Gold Spike: Hsieh, you tricky bastard!

Posted on April 12, 2013 by David McKee

No sooner had I confidently predicted that Zappos.com CEO Tony Hsieh (whoops, wrong Tony) would not be making any gaming related purchased when the shoe mogul pounced on the financially troubled Gold Spike. Showing the acumen that’s made him the … Continue reading →

Posted in Current, Downtown, Economy, Sam Nazarian, Steve Wynn, Tamares Group | 3 Comments