Category Archives: Tribal

Indiana: It sure could be worse

Posted on July 8, 2008 by David McKee

… because you could be Illinois, where June gambling revenues went into the toilet (-21%). Which isn’t to say that Indiana‘s numbers look good only by comparison. In fact, the Hoosier State may be benefiting from the Land of Lincoln’s … Continue reading →

Posted in Boyd Gaming, Columbia Sussex, Harrah's, Indiana, Penn National, Pinnacle Entertainment, Tribal, Wall Street | Comments Off on Indiana: It sure could be worse

"Risky" Harrah's; Yanks Heart Seminoles

Posted on June 20, 2008 by David McKee

Reuters reported this week that the debt carried by Harrah's Entertainment “may weaken from already distressed level as heavy capital spending and interest payments absorb cash flows at a time when the casino operator is also facing declining gambling revenues.” … Continue reading →

Posted in Baseball, Harrah's, Tribal, Wall Street | Comments Off on "Risky" Harrah's; Yanks Heart Seminoles

Harrah's: Digging to China

Posted on May 23, 2008 by David McKee

Given the recent freeze-out on new casino operators in Macao, executives at Harrah’s Entertainment might as well be sporting T-shirts that read, “I spent $577.7 million in Macao and all I got was this lousy golf course.” And, in light … Continue reading →

Posted in Ameristar, Atlantic City, Harrah's, Macau, MGM Mirage, Penn National, Pennsylvania, The Strip, Tribal, Wall Street | Comments Off on Harrah's: Digging to China

Need casino furniture, cheap?

Posted on March 13, 2008 by David McKee

When I visited Detroit, the official position of MGM Grand Detroit was that its vacated temporary casino (formerly an IRS building) could be re-activated as a casino, if MGM so chose. I guess they chose otherwise. Yes, this roulette table … Continue reading →

Posted in Columbia Sussex, Detroit, Downtown, Florida, Louisiana, Tribal | Comments Off on Need casino furniture, cheap?

Billie: Odd Man Out; Tilman Fertitta Gets Miffed

Posted on March 11, 2008 by David McKee

For one month at least, you’ve got a reason to read Playboy for the articles (well, three if you count Kurt Vonnegut’s essay on the firebombing of Dresden and new fiction by Dog Soldiers author Robert Stone). Controversial former Seminole … Continue reading →

Posted in Downtown, Tribal | Comments Off on Billie: Odd Man Out; Tilman Fertitta Gets Miffed

Moulin Rouge project puts cart before horse

Posted on March 6, 2008 by David McKee

A group hoping to revive the long-faded glories of the Moulin Rouge hasn’t found construction financing. But no matter: They’ve signed a casino-management team; Epic Gaming, a company whose only other ongoing concern is a tribal casino in Oklahoma, with … Continue reading →

Posted in Downtown, Kansas, Tribal | Comments Off on Moulin Rouge project puts cart before horse

Desperation in Florida

Posted on March 5, 2008 by David McKee

Is Isle of Capri‘s racino a disappointment (especially for horsemen)? Is Boyd Gaming taking Florida expansion off the table? Is Magna Entertainment threatening to close overextended Gulfstream Park? What’s a Florida lawmaker to do? Why, legalize every form of gambling … Continue reading →

Posted in Atlantic City, Boyd Gaming, Florida, Horseracing, MGM Mirage, Penn National, Pinnacle Entertainment, Politics, Tribal | Comments Off on Desperation in Florida

Racinos a bum deal?

Posted on February 25, 2008 by David McKee

They are if you’re a horse owner at The Isle Casino & Racing @ Pompano Park, which not only left trainers and owners out in the cold, as far as slot revenues are concerned, it just slashed purse amounts by … Continue reading →

Posted in Atlantic City, Columbia Sussex, Florida, Horseracing, Kentucky, Politics, Sports, Tribal | Comments Off on Racinos a bum deal?