Category Archives: The Strip

Rogues' gallery

Posted on January 15, 2009 by David McKee

After a fitful start, blogorrhea is sweeping the business desk of the Las Vegas Review-Journal, resulting a veritable flood of news nuggets today … Planet Hollywood prexy Michael Mecca has resigned to pursue the proverbial "other opportunities" at a time … Continue reading →

Posted in California, Cannery Casino Resorts, Columbia Sussex, Current, Dining, Economy, Entertainment, Harrah's, James Packer, Marketing, Mesquite, MGM Mirage, Planet Hollywood, Politics, Regulation, Reno, The Strip, Tropicana Entertainment | Comments Off

'Gang' at Encore

Posted on January 15, 2009 by David McKee

Yesterday saw an unusual — but altogether pleasant — change in the Vegas Gang routine, as we taped "on location" from a seventh-floor room in Encore, overlooking Echelon and the increasingly ominous Fontainebleau (so disproportionately massive it looms over its … Continue reading →

Posted in Architecture, Cloverfield monster, Current, Detroit, Fontainebleau, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Phil Ruffin, Stanley Ho, Steve Wynn, The Strip | Comments Off

Penn Nat'l: Smoke everywhere, fire less evident

Posted on January 14, 2009 by David McKee

Despite story upon story, Penn National Gaming refuses to oblige the Las Vegas Review-Journal and purchase The Mirage. (This was the paper that pooh-poohed the Phil Ruffin/El Ad deal when it began to break.) While — for all we know … Continue reading →

Posted in Colony Capital, Entertainment, Harrah's, MGM Mirage, Penn National, Phil Ruffin, Steve Wynn, The Strip | Comments Off

From A(ztar) to Z(ilch)

Posted on January 13, 2009 by David McKee

If Tropicana Entertainment management's bankruptcy plan is accepted by the courts (one bond analyst thinks otherwise), former CEO/sole owner William J. Yung III will be left with — what's the technical term? — diddly squat. (So will his unsecured creditors, … Continue reading →

Posted in Atlantic City, Columbia Sussex, Economy, Indiana, Lake Tahoe, Laughlin, Louisiana, Marketing, Mississippi, Penn National, Pinnacle Entertainment, Regulation, The Strip, Tropicana Entertainment, Wall Street | Comments Off

Lanni: The official story

Posted on January 12, 2009 by David McKee

My favorite exchange in one of my favorite current TV series, Mad Men, takes place when weasel-like junior exec Pete Campbell (Vincent Kartheiser) goes to rat out his boss, Donald Draper (Jon Hamm), to company owner Bertram Cooper (the cunningly … Continue reading →

Posted in Columbia Sussex, Current, Detroit, Harrah's, International, MGM Mirage, Phil Ruffin, Regulation, Station Casinos, The Strip, TV | Comments Off

Harrah's Chapter 11 Watch

Posted on January 12, 2009 by David McKee

Wait 'til the sun shines, Caesar. Every so often there's a news story to which the only appropriate response is, "Holy shit!" Then again, it wasn't so long ago on the Vegas Gang that Jeff Simpson was reporting finding whole … Continue reading →

Posted in Boyd Gaming, Current, Economy, Harrah's, MGM Mirage, Sheldon Adelson, The Strip | Comments Off

MGM CEO sez, "Make me an offer"

Posted on January 8, 2009 by David McKee

“We are certainly not looking to aggressively sell assets, but the point is that we do have assets that are attractive and we are going to be very responsive.” That's MGM Mirage CEO Jim Murren's way of saying that he's … Continue reading →

Posted in Boulder Strip, Cannery Casino Resorts, Cirque du Soleil, Economy, James Packer, MGM Mirage, Pennsylvania, The Strip, Wall Street | Comments Off

A house divided

Posted on January 7, 2009 by David McKee

Give credit where it’s due to the Las Vegas Review-Journal for today’s interesting revelation that Columbia Sussex had been running the Las Vegas Tropicana with rival GMs overseeing the casino and hotel operations, respectively. This appears to confirm rumors I’d … Continue reading →

Posted in Ameristar, Columbia Sussex, Cosmopolitan, Indiana, Regulation, The Strip, Tropicana Entertainment | Comments Off

Unwanted Vegas bargain

Posted on January 5, 2009 by David McKee

So, after making the big bad Fire Department the fall guy for Dec. 31's sucktastic fireworks display (more of an obfuscation than a display, really) it turns out that the culprit was organizer Las Vegas Events. Perhaps, in a new … Continue reading →

Posted in Current, Downtown, LVCVA, The Strip | Comments Off

Happy New Year

Posted on January 2, 2009 by David McKee

Will it be a happy new year for the Strip? In terms of "supply shock," the timing could be a lot better, let's put it that way. Back on Aug. 14, JP Morgan issued an analyst report which showed 11,412 … Continue reading →

Posted in Cosmopolitan, Current, Economy, MGM Mirage, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Wall Street | Comments Off

More gems from Ruffin

Posted on December 29, 2008 by David McKee

During his days at the helm of the New Frontier, owner Phil Ruffin was pretty shy with media access. So when he talks, it behooves one to pay attention. To wit: • He says his deal with MGM Mirage has … Continue reading →

Posted in Columbia Sussex, Economy, MGM Mirage, Phil Ruffin, The Strip, Wall Street | Comments Off

Deep Red: Encore

Posted on December 22, 2008 by David McKee

As much as casino-watchers have been vexed by the total media clampdown on all but the smallest scintillae of revelation about Steve Wynn‘s Encore, it was worth the wait. Or, to put it differently, Aria and Fontainebleau have just been … Continue reading →

Posted in Architecture, Cirque du Soleil, Cloverfield monster, Current, Dining, Economy, Encore, Fontainebleau, Harrah's, Macau, MGM Mirage, Planet Hollywood, Sheldon Adelson, Steve Wynn, The Strip | Comments Off

Pinnacle's Bahamas debacle

Posted on December 19, 2008 by David McKee

It wasn’t so long ago that Pinnacle Entertainment was the fair-haired boy of the casino industry, especially after it hit a home run in the Lake Charles, La., market with tony L’Auberge du Lac. Then it nearly followed Columbia Sussex … Continue reading →

Posted in Atlantic City, Columbia Sussex, Harrah's, International, Isle of Capri, James Packer, Pinnacle Entertainment, Planet Hollywood, The Strip, TV | Comments Off

When all is said and done

Posted on December 16, 2008 by David McKee

The way old friends do. Last Sunday, I received an early Christmas present in the form of tickets to Mamma Mia!, entering its antepenultimate week on the Strip (where it's still the best entertainment value around). Happily, the cast was … Continue reading →

Posted in Cirque du Soleil, MGM Mirage, Planet Hollywood, The Strip | Comments Off

Scary clown at Echelon!

Posted on December 16, 2008 by David McKee

Let me say at the outset, I do not like Ronald McDonald. He gave me creeps as a child and still does. (The thought of him wanting to buddy up to you … it's just disturbing.) The Ronald McDonald Houses, … Continue reading →

Posted in Boyd Gaming, Charity, MGM Mirage, The Strip | Comments Off

Phil Ruffin's big deal

Posted on December 15, 2008 by David McKee

As you've already read umpteen times over by now, MGM Mirage sold Treasure Island over the weekend to Phil Ruffin. The latter's sitting on a massive chunk of change ever since playing El Ad Group to the tune of $1.24 … Continue reading →

Posted in Columbia Sussex, Donald Trump, MGM Mirage, Phil Ruffin, The Strip | Comments Off

Case Bets: Stanley Ho in Vegas?, HRH grows but Morgans shrinks

Posted on December 11, 2008 by David McKee

A local columnist raises the spectre of Stanley Ho getting back-door access into Las Vegas via James Packer‘s acquisition of Cannery Resorts. This isn’t the first time I’ve heard this question raised and, call me complacent, but I believe it … Continue reading →

Posted in Boyd Gaming, Cannery Casino Resorts, Colony Capital, Columbia Sussex, Cosmopolitan, Economy, Harrah's, Herbst Gaming, Isle of Capri, James Packer, Macau, MGM Mirage, Morgans Hotel Group, Stanley Ho, Station Casinos, The Strip, Tropicana Entertainment, Wall Street | Comments Off

Harrah's honored

Posted on December 11, 2008 by David McKee

Harrah's Entertainment can use any business leverage it can get these days and it just received the endorsement of Stand Out for Equality, an opposition movement spurred by the passage of Proposition 8 in California (where Harrah's Rincon has been … Continue reading →

Posted in California, Harrah's, MGM Mirage, Politics, The Strip | Comments Off

What'$ in a name?

Posted on December 10, 2008 by David McKee

A reader recently enquired as to what became of the plan to re-name Harrah's Entertainment as Caesars Entertainment. When I asked Harrah's as to whether that was still on, no response was forthcoming. My questioner wanted to know, "Do you … Continue reading →

Posted in Atlantic City, Boyd Gaming, Detroit, Economy, Harrah's, Herbst Gaming, Indiana, Marketing, MGM Mirage, Sheldon Adelson, The Strip | Comments Off

Nevada in October: It was the pits

Posted on December 10, 2008 by David McKee

Taken at face value, October's revenue numbers for Nevada casinos were calamitous. Looked at in context (i.e., coming off a 10% increase from October '06 to '07) they were … still bad. But I'm going to resist the temptation to … Continue reading →

Posted in Boulder Strip, Current, Downtown, Economy, Harrah's, Lake Las Vegas, Laughlin, Station Casinos, The Strip | Comments Off