Category Archives: Tribal

Sunny summer in Pennsylvania; Stanley Ho seen!

Posted on September 18, 2012 by David McKee

Except for a 4% slippage in July, the motto around Pennsylvania might be, “Cannibalization? What cannibalization?” The Keystone State has shrugged off new competition from Ohio, from New York City, from Revel in Atlantic City, and even from within the … Continue reading →

Posted in Atlantic City, Current, Dan Gilbert, Harrah's, Macau, Neil Bluhm, New York, Ohio, Penn National, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Stanley Ho, Tribal, Wall Street | Comments Off on Sunny summer in Pennsylvania; Stanley Ho seen!

Atlantic City: Revel debuts disappointingly, Mohegan Sun moves in

Posted on August 10, 2012 by David McKee

OK, let’s take a deep breath and remind ourselves that one swallow doesn’t make a spring and one month doesn’t determine history’s verdict on a casino, but there’s only a single word for $2.4 billion Revel‘s first full month of … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Colony Capital, Columbia Sussex, Current, Dennis Gomes, Donald Trump, Downtown, Harrah's, history, Pennsylvania, Revel, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment | 5 Comments

He’s Gaughan and done it again

Posted on July 24, 2012 by David McKee

Where others in Las Vegas hold back, Michael Gaughan plunges boldly forward. Using its iView platform, Bally Technologies has been holding virtual horse races, streamed across the slot floors of various tribal casinos. Pechanga Resort & Casino in California and … Continue reading →

Posted in Bally Technologies, California, Current, Entertainment, Horseracing, Michael Gaughan, Pennsylvania, Technology, Tribal | 6 Comments

Everything’s coming up Penn

Posted on June 15, 2012 by David McKee

As befits a proud papa, Penn National Gaming has been showing Wall Street analysts around its newest offspring: Hollywood Casino Toledo. The metrics are pretty awe-inspiring. Already the customer database is approaching 50,000 players and 47% of all slot play … Continue reading →

Posted in Ameristar, Current, Dan Lee, Detroit, Don Barden, Harrah's, Illinois, Indiana, International, Isle of Capri, Kansas, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, MTR Gaming, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Tribal | 3 Comments

Casino John rides again; Mashpee ride to victory

Posted on June 10, 2012 by David McKee

As is my habit, I tuned in CNN‘s Your Money yesterday. No sooner was the TV on but there was Gov. John Kasich (R), taking justifiable pride in Ohio‘s having recently added 73,300 jobs. The inescapable irony — and fact … Continue reading →

Posted in Ameristar, Current, Economy, Harrah's, MGM Mirage, Ohio, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Sports, Steve Wynn, Tribal, TV | 4 Comments

End of an era

Posted on June 5, 2012 by David McKee

In a major step toward the de-Maloofization of the Palms, one of its signature attractions closed last weekend. As of yesterday, one can no longer gamble, ogle Bunnies nor do anything else at the semi-private Playboy Club. It was one … Continue reading →

Posted in Bally Technologies, Entertainment, George Maloof, Illinois, Marketing, Politics, Sheldon Adelson, The Strip, Tribal | 3 Comments

Insanity in Illinois, Philadelphia

Posted on June 1, 2012 by David McKee

If insanity is doing the same thing over and over (and over) and expecting a different result, then we have outbreaks of it in both the Illinois Legislature and the Philadelphia casino market. In Pennsylvania, lawmakers have the disposition of … Continue reading →

Posted in Cosmopolitan, Harrah's, Horseracing, Neil Bluhm, New York, Penn National, Pennsylvania, Politics, Racinos, Regulation, The Strip, Tribal, Wall Street | 2 Comments

Macao: “This is decent”; Massachusetts slams door behind Adelson

Posted on June 1, 2012 by David McKee

Macao casino revenue grew ‘only’ 7% last month, which is bad … if you were thinking monthly, large double-digit increases (21% over the past five months) were a sustainable norm. “This is decent,” J.P. Morgan analyst Joseph Greff said of … Continue reading →

Posted in Ameristar, CityCenter, Current, Economy, Election, Harrah's, International, Macau, Marketing, Massachusetts, Melco Crown Entertainment, MGM Mirage, New York, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Tribal, Wall Street | Comments Off on Macao: “This is decent”; Massachusetts slams door behind Adelson

Loveman heir abdicates; VLTs hit Ohio tomorrow; Wayne’s World II

Posted on May 31, 2012 by David McKee

Shares of Caesars Entertainment sank today on the news that CFO Jonathan Halkyard has quit, taking an equivalent position at NV Energy. Although the latter’s financial outlook is far rosier, with scant long-term debt, its revenue base ($611 million last … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dan Gilbert, Economy, Harrah's, history, Iowa, Louisiana, Massachusetts, MGM Mirage, Mississippi, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Tilman Fertitta, Tourism, Tribal, Wall Street, Wayne F. Newton | Comments Off on Loveman heir abdicates; VLTs hit Ohio tomorrow; Wayne’s World II

Holy Toledo!; D-Day in Massachusetts

Posted on May 29, 2012 by David McKee

Citizens of Toledo put on their best wife-beater and queued up for opening day at Penn National Gaming‘s brand-new Hollywood Casino Toledo. Sure, Revel had Beyoncé but H’wood Toledo had … Jamie Farr (plus ABBA impersonators). So there, Atlantic City! … Continue reading →

Posted in ABBA, Architecture, Current, Dan Gilbert, Election, Entertainment, Harrah's, Massachusetts, Ohio, Penn National, Regulation, Tribal | 4 Comments

Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Posted on May 25, 2012 by David McKee

That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming | Comments Off on Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?

Dump that Trump!; Caesars takes big British bath; F-blew claims another victim

Posted on May 21, 2012 by David McKee

What took them so long? That has to be the operative question now that Trump Entertainment Resorts owner Marc Lasry and CEO Robert Griffin have belatedly put Trump Plaza Hotel & Casino on the market, at an undisclosed price. (Probably … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Election, Fontainebleau, International, Internet gambling, Planet Hollywood, The Strip, Tribal | Comments Off on Dump that Trump!; Caesars takes big British bath; F-blew claims another victim

Quote of the Day

Posted on May 18, 2012 by David McKee

“Human beings should be allowed to make their own choices in life.” — North Carolina state Sen. Tom Apodaca (R), offering some radical advice to prudes who oppose adding table games to Harrah’s Cherokee‘s repertory .

Posted in Harrah's, Politics, Tribal | 2 Comments

Internet gambling: It’s here, deal with it; Another delay in Massachusetts

Posted on May 16, 2012 by David McKee

It’s ironic that Sheldon Adelson is expending so much lungpower and cash to try and block federal legitimization of Internet poker and possibly other games. Washington has been left in the dust by individual states and, if it did try … Continue reading →

Posted in Baseball, California, CityCenter, Harrah's, Horseracing, Illinois, International, Internet gambling, Massachusetts, MGM Mirage, Politics, Racinos, Regulation, Shuffle Master, Slot routes, Taxes, Technology, Tribal | 2 Comments

Massachusetts: Now *this* is interesting; Bluhm’s shameless hypocrisy; Casino John

Posted on May 9, 2012 by David McKee

In an attempt to shave a few months off their casino-approval timeline, the Massachusetts Gaming Commission is going to put the horse before the cart. (I guess you’d call it a “Massachusetts Miracle.”) Potential operators’ fiscal and ethical probity will … Continue reading →

Posted in Ameristar, Atlantic City, Current, Don Barden, Donald Trump, Economy, Harrah's, Horseracing, International, Iowa, Kansas, Macau, Massachusetts, MGM Mirage, Neil Bluhm, New York, Ohio, Pansy Ho, Penn National, Pennsylvania, Politics, Racinos, Regulation, Singapore, Taxes, Tribal | 1 Comment

Beaten in Beantown: Steve Wynn calls it quits

Posted on May 8, 2012 by David McKee

Just like that, another Las Vegas casino heavyweight has hit the canvas in Massachusetts. Election results in Foxborough spelled doom for Steve Wynn‘s proposed resort (below) and neither he nor New England Patriots owner Robert Kraft wasted any time throwing … Continue reading →

Posted in Current, Election, Harrah's, Massachusetts, MGM Mirage, Pennsylvania, Racinos, Regulation, Sports, Steve Wynn, Tribal | 3 Comments

St. Louis: Penn in, Harrah’s out

Posted on May 8, 2012 by David McKee

A ways back, the news broke that Caesars Entertainment — being well and truly on its uppers — was trying to shop as many as 10 Southern and Midwest casinos. The goal was to raise at least $500 million to … Continue reading →

Posted in Ameristar, Atlantic City, Current, Election, Florida, Harrah's, Illinois, International, Iowa, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 4 Comments

MGM: Riding the crazy train; Rendering unto Caesars

Posted on April 25, 2012 by David McKee

If somebody loaned you a few hundred million, unsecured, you want to come to Las Vegas and lay some big wagers, right? MGM Resorts International has been there, done that. So it’s looking elsewhere to place its bets. And why … Continue reading →

Posted in Ameristar, Atlantic City, CityCenter, Donald Trump, Economy, Florida, Genting, Harrah's, International, M Resort, Massachusetts, MGM Mirage, New York, Penn National, Singapore, Taxes, The Strip, Tourism, Tribal, TV, Wall Street | 3 Comments

Quote of the Day

Posted on April 20, 2012 by David McKee

“We clearly believe that supply growth is outpacing demand.” — Foxwoods Resort Casino CEO Scott “Woody” Butera, explaining a possible move into Internet gambling. Wow. I knew U.S. gaming expansion would hit the wall eventually — but I never thought … Continue reading →

Posted in Economy, Internet gambling, Tribal | Comments Off on Quote of the Day

Moody’s no longer moody on Vegas; Golden Gate upsizes

Posted on March 20, 2012 by David McKee

Caution, thy name is Moody’s Investors Service. So if Moody’s is bullish on the near-term future of Las Vegas, I guess we can well and truly believe that a recovery is here … well, on the Strip. Away from Las … Continue reading →

Posted in Atlantic City, CityCenter, Current, Dennis Gomes, Derek Stevens, Don Barden, Downtown, Economy, Entertainment, Gary Goett, Marketing, North Las Vegas, Sahara, Sheldon Adelson, Station Casinos, Steve Wynn, Tamares Group, The Strip, Tourism, Tribal, Wall Street | 3 Comments