Category Archives: Lyle Berman

Berman returns; All-star New Year’s Eve

Posted on December 28, 2018 by David McKee

Don’t say you can’t teach an old dog new tricks. Lyle Berman, 77, who was once in on the ground floor of tribal gaming is now purchasing two companies with the purpose of merging them to form an e-sports major … Continue reading →

Posted in Architecture, Caesars Entertainment, California, Downtown, e-sports, Economy, Entertainment, Genting, International, Lyle Berman, Marketing, MGM Resorts International, Nevada, PokerStars, Security, Sports, Sports betting, The Strip, Wynn Resorts | Comments Off on Berman returns; All-star New Year’s Eve

Round One to Adelson; Berman honored; Atlantic City winning in polls

Posted on September 21, 2016 by David McKee

Sands China has been getting mad props for its handling of the Parisian rollout last week. Compared to Wynn Palace‘s “passive” approach to the market (and despite a hailstorm of upbeat verbiage from Steve Wynn), analyst Christopher Jones wrote, “The awareness … Continue reading →

Posted in Atlantic City, Carl Icahn, Election, Harrah's, history, International, Lyle Berman, Macau, Marketing, Melco Crown Entertainment, Mississippi, Nevada, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street, World Series of Poker | 1 Comment

Quote of the Day

Posted on July 24, 2015 by David McKee

“What you have put together is a template on how this should be done. “There are good synergies between these two companies.” — Nevada Gaming Commissioner Randolph Townsend, on Golden Gaming‘s takeover of Lakes Entertainment, which was consummated yesterday.

Posted in Golden Gaming, Lyle Berman, Regulation | Comments Off on Quote of the Day

Election wins for Foxwoods, Golden Gaming; New boss at Beau Rivage

Posted on June 24, 2015 by David McKee

Almost lost in the excitement over the opening of Plainridge Park, in Plainview, is a little-reported event: New Bedford‘s vote on casino host-community status. To say that KG Urban Enterprises won is rather an understatement. It garnered 73% of votes cast, … Continue reading →

Posted in Current, Election, Foxwoods, Golden Gaming, Harrah's, Lyle Berman, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Ohio, Penn National, Racinos, Regulation, Steve Wynn, Wall Street | Comments Off on Election wins for Foxwoods, Golden Gaming; New boss at Beau Rivage

Where to dump Trump?; Straub stumped

Posted on February 11, 2015 by David McKee

Although he’s buried millions of dollars in New Jersey, having been party to four casino bankruptcies, Donald Trump doesn’t want his carcass interred there. Instead, when he goes to that big sand trap in the sky, he wants to be … Continue reading →

Posted in Affinity Gaming, Atlantic City, Donald Trump, Florida, Glenn Straub, Golden Gaming, Horseracing, Illinois, Louisiana, Lyle Berman, Maryland, Revel, Slot routes | 1 Comment

Case Bets: IGT, Hard Rock, Golden Gaming

Posted on January 28, 2015 by David McKee

Profits were slimmer for International Game Technology in 1Q15, with the company reporting $35 million, 56% less than a year ago. IGT, which is in the process of being acquired by GTECH, offered little commentary on the results. CEO Patti … Continue reading →

Posted in Colorado, Columbia Sussex, Dining, Harrah's, Lake Tahoe, Lyle Berman, Maryland, Regulation, Sam Nazarian, Slot routes, Warner Gaming | 1 Comment

New Maryland casino a hit; Casino lobbying a flop; Next: Sands Markham?

Posted on May 29, 2013 by David McKee

A thousand people waiting to get into a casino on opening day would be nothing at all in Las Vegas. But at Maryland‘s penultimate casino, Rocky Gap Resort, it’s a positive omen, especially since the mini-sino has but 10 tables … Continue reading →

Posted in Atlantic City, Current, International, Internet gambling, Lyle Berman, Marketing, Maryland, Politics, Regulation, Sheldon Adelson, Singapore, Sports, Tribal | Comments Off on New Maryland casino a hit; Casino lobbying a flop; Next: Sands Markham?

Gilbert, Caesars hit Ohio speed bump; Maple Leaf misadventure; Rearranging deck chairs on the WesCas

Posted on April 20, 2012 by David McKee

Rub a dub-dub, three companies in a tub called Rock Ohio Caesars. In emulation of Nevada‘s built-first-license-later system, the Ohio Casino Control Commission is just getting around to mulling the bonafides of Horseshoe Casino Cleveland‘s shareholders. Little-publicized minority partner Lyle … Continue reading →

Posted in Columbia Sussex, Current, Detroit, Harrah's, Horseracing, International, Iowa, Kansas, Lyle Berman, Macau, Massachusetts, MGM Mirage, Ohio, Pennsylvania, Politics, Regulation, Sports, Stanley Ho, The Strip, Wall Street | 2 Comments

Foxwoods Philly: It’s history

Posted on November 11, 2011 by David McKee

Barring a huge reversal from the Pennsylvania Supreme Court, the long and mostly inept saga of Foxwoods Philadelphia has finally come to a conclusion. The politically juiced-in trio of Ron Rubin, Lewis Katz and Comcast Chairman Ed Snider (collectively known … Continue reading →

Posted in Atlantic City, Current, Don Barden, Harrah's, Illinois, Lyle Berman, Maryland, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Steve Wynn, Taxes, Tilman Fertitta, Tribal | 1 Comment

Going home again; Hotel Hell: The sequel

Posted on November 1, 2011 by David McKee

Here’s a casino-development story with several personal angles. When I lived in Minneapolis and wrote from the since-defunct Twin Cities Reader, my publisher was R.T. Rybak. Now he’s mayor of the city and is trying to hold onto the perennially … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Culinary Union, Current, Donald Trump, Economy, Genting, Harrah's, Herbst Gaming, Isle of Capri, Lyle Berman, Marketing, MGM Mirage, Minnesota, Neil Bluhm, Ohio, Penn National, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, Tourism | 4 Comments

Who says irony is dead?

Posted on September 9, 2011 by David McKee

Las Vegas Review-Journal newshound Norm(!) Clarke reports that, in January, the Nevada Ballet Theater‘s annual honoree will be … wait for it … Eva Longoria. What a concept: Fail miserably at business, get an award! S&G looks forward to future … Continue reading →

Posted in Charity, CityCenter, Colony Capital, Cosmopolitan, Fontainebleau, James Packer, Lyle Berman, MGM Mirage, Morgans Hotel Group, Sports | Comments Off on Who says irony is dead?

Musical chairs; Perry’s hypocrisy

Posted on August 26, 2011 by David McKee

Those who go around, come around. The newly unveiled management team for the Margaritaville Casino in Biloxi has a distinct aura of déja vu. CEO Tom Brosig used to be Lyle Berman‘s right-hand man at Grand Casinos, whose Biloxi casino … Continue reading →

Posted in Alex Yemenidjian, Current, Harrah's, Illinois, Indiana, International, Louisiana, Lyle Berman, Mississippi, Neil Bluhm, Ohio, Oklahoma, Penn National, Pinnacle Entertainment, Regulation, Station Casinos, Technology, Texas, Tilman Fertitta, Tourism | 4 Comments

John Kasich, casino killer

Posted on May 3, 2011 by David McKee

Aw, isn’t this great? After Gov. John Kasich (R-OH) made the ludicrous claim that Ohio voters didn’t know what they were getting into when they approved a casino initiative in 2008, his legislative allies are trying to up the ante. … Continue reading →

Posted in Current, Economy, Election, Harrah's, history, Kentucky, Lyle Berman, MGM Mirage, Ohio, Penn National, Politics, Racinos, Regulation, Taxes, The Strip, Tribal, TV, Wall Street | 6 Comments

Caesars Cincinnati? Invaders repulsed at Gettysburg (again)

Posted on August 18, 2010 by David McKee

Here at S&G, we think the Caesars brand is more than worthy of the Queen City. Others don’t share our enthusiasm. Using the Horseshoe hoofprint doesn’t make sense, given that Harrah’s Entertainment rather expensively deployed that just downriver in Evansville. … Continue reading →

Posted in Harrah's, history, Illinois, International, Kansas, Lyle Berman, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Tribal | 6 Comments

Betting on Adelson

Posted on April 13, 2010 by David McKee

Analysts at J.P. Morgan are downright bullish on Las Vegas Sands, raising their stock price target by over 25% (to $29/share). Their ebullience is motivated in large part by expectations for Marina Bay Sands, which they estimate will garner 55% … Continue reading →

Posted in Ameristar, CityCenter, Economy, Indiana, Kansas, Lyle Berman, Macau, MGM Mirage, Missouri, Pinnacle Entertainment, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Tourism, Tribal, Wall Street | 1 Comment

Adelson disappoints again, as does Kansas

Posted on April 7, 2010 by David McKee

“I don’t think we’re counting on them carrying the ball like we thought they would,” is the bottom line of a Wall Street Journal story on Las Vegas Sands‘ failure to complete $743 million Sands Bethlehem. Even though he once … Continue reading →

Posted in Current, Economy, Kansas, Lyle Berman, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tourism | 2 Comments

Case Bets: Boyd speaks, Kansas stalls & problem gamblers get the shaft

Posted on February 23, 2010 by David McKee

Boyd Gaming CEO Keith Smith weighs in on the subject of emerging markets. Significant by its omission: Florida. Boyd got its fingers burnt down there and knows better than some in the industry that it’s not the Land of Opportunity … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Detroit, Economy, Florida, Kansas, Lyle Berman, Midnight Jim Gibbons, Politics, Problem gambling, Regulation, Sheldon Adelson, Tamares Group, Tribal | Comments Off on Case Bets: Boyd speaks, Kansas stalls & problem gamblers get the shaft

Quote of the Day

Posted on February 10, 2010 by David McKee

“If there was this kind of trepidation in Las Vegas, there’d be no Las Vegas.” — a reader’s reaction to the one-step-forward/two-steps-backward dysfunction that is ongoing in Kansas. Then again, it could soon be moot.

Posted in Kansas, Lyle Berman, Politics, Regulation, Tribal | Comments Off on Quote of the Day

From the S&G Twitter feed …

Posted on January 12, 2010 by David McKee

For those of you who aren’t following it, here’s what you’ve been missing: • Station [Casinos] shuts Cherry @ Red Rock [Resort], ends flirtation w. Strip-ish nightlife. In Summerlin? Right casino, wrong place. http://tinyurl.com/ye36uqm • @IOC_Brand Jim Perry, Virginia McDowell … Continue reading →

Posted in California, CityCenter, Current, Economy, Election, Entertainment, Florida, Harrah's, IGT, International, Isle of Capri, Kansas, Lyle Berman, Mississippi, Politics, Regulation, Station Casinos, Technology, TV | Comments Off on From the S&G Twitter feed …