Category Archives: Westgate LV

Grumpy old Dems; A Titan-ic sports book win

Posted on January 13, 2020 by David McKee

Prude of the Month has to go to Maine Gov. Janet Mills (D), who certainly looks like a cranky old battle-axe. She vetoed a bill that would have legalized sports betting in her state, sniffing, “the majority of Maine people … Continue reading →

Posted in Cantor Gaming, China, DraftKings, Las Vegas Raiders, Macau, Maine, Massachusetts, MGM Resorts International, Michael Gaughan, Movies, New Hampshire, Sports, Sports betting, Vermont, Wall Street, Westgate LV | Comments Off

Chicago casino tax damned; Kerkorian epoch ends

Posted on September 19, 2019 by David McKee

That Illinois casino expansion went back to the drawing board—the Illinois Gaming Board, to be exact. The topic of its ire was the 33% “privilege tax” hung around the neck of the Chicago casino (bringing its effective tax rate to … Continue reading →

Posted in Churchill Downs, Dining, Downtown, Entertainment, Foxwoods, history, Illinois, Massachusetts, MGM Resorts International, Mohegan Sun, Rush Street Gaming, Tamares Group, Taxes, The Strip, Tilman Fertitta, Wall Street, Westgate LV | 1 Comment

Ruffin’s move

Posted on May 14, 2019 by David McKee

Phil Ruffin is in the hunt for Caesars Entertainment … well, sort of. He said he’s interested in individual Las Vegas Strip properties, clearly anticipating some kind of sell-down to deleverage an Eldorado Resorts or Tilman Fertitta acquisition of the … Continue reading →

Posted in AGA, Arkansas, Caesars Entertainment, Eldorado Resorts, Law enforcement, North Carolina, Phil Ruffin, Politics, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta, Tribal, Westgate LV | 1 Comment

Boyd, Churchill Downs garner raves; Indiana governor seduced

Posted on April 26, 2019 by David McKee

Boyd Gaming got a good review on Wall Street today, lauded both for slightly surpassing revenue expectations and for moving quickly to deleverage in the wake of the Valley Forge, Belterra and Ameristar acquisitions. Downtown continues to be Boyd’s bastion … Continue reading →

Posted in Ameristar, Boyd Gaming, Caesars Entertainment, California, Charity, Churchill Downs, Current, Derek Stevens, Downtown, Florida, Hawaii, Horseracing, Illinois, Iowa, Kentucky, Louisiana, Maryland, Mississippi, Ohio, Palms, Pennsylvania, Politics, Racinos, Rhode Island, Slot routes, Spectacle Entertainment, Sports betting, Station Casinos, Taxes, Tribal, Wall Street, West Virginia, Westgate LV | 1 Comment

Death and debauchery

Posted on January 3, 2019 by David McKee

by Jessica Kane, special to Stiffs & Georges Nicknamed the City of Sin, Las Vegas is no stranger obscene behavior. Only, not all guests are satisfied by the usual debauchery. Read along to learn about six shocking crimes committed in … Continue reading →

Posted in history, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Security, Station Casinos, Westgate LV | 1 Comment

Legitimate deal or scam?

Posted on December 28, 2018 by David McKee

Demystifying Las Vegas timeshares by Jessica Kane It’s well known that Las Vegas is a premier vacation destination for gamblers and risk-takers. But even the most experienced investors need to take caution when investing in Sin City timeshares. According to … Continue reading →

Posted in Economy, Florida, Hawaii, International, Real Estate, Regulation, South Carolina, The Strip, Westgate LV | 2 Comments

Indiana fails to impress; Big setback for non-smokers

Posted on October 12, 2018 by David McKee

It’s too soon to say that regional gaming’s economic honeymoon is over but Indiana was down 4% last month, grossing $177.5 million. (It was up 6% this time last year.) Penn National Gaming‘s Hollywood Lawrenceburg took a 15% header, grossing … Continue reading →

Posted in Ameristar, Boyd Gaming, Caesars Entertainment, Colony Capital, Eldorado Resorts, Entertainment, Environment, Full House Resorts, G2E, Indiana, Louisiana, Majestic Star, MGM Resorts International, Missouri, Penn National, Pinnacle Entertainment, Technology, Wall Street, West Virginia, Westgate LV | Comments Off

Playing the Trump card; Manilow renewed

Posted on August 22, 2018 by David McKee

In his latest newsletter, gaming-law expert I. Nelson Rose looks at the impact, real and potential, of retaliatory tariffs on playing cards. Canada and the European Union have imposed 10% import levies on playing cards from the United States, though … Continue reading →

Posted in Donald Trump, Economy, Entertainment, Greenwood Racing, International, Kentucky, Las Vegas Sands, Lucky Dragon, Macau, New Jersey, Ohio, Paragon Gaming, Pennsylvania, Politics, Sports betting, The Crown 18, The Strip, Westgate LV | Comments Off

Casa Shenandoah closes; Culinary escalates tactics

Posted on July 12, 2018 by David McKee

Call it a day for another Wayne Newton business venture. Mr. Las Vegas is closing Casa Shenandoah to the public, no reason given (although a recent break-in might have influenced the decision). “It is the Applicant’s intent that the property revert … Continue reading →

Posted in Boyd Gaming, Culinary Union, Derek Stevens, Downtown, Downtown Grand, Election, history, Horseracing, Idaho, Indiana, Minnesota, Penn National, Phil Ruffin, Regulation, SLS Las Vegas, Sports betting, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, Wayne F. Newton, Westgate LV | 1 Comment

Quo vadis, Steve?; Dan Gilbert’s new twist

Posted on March 27, 2018 by David McKee

Gaming Industry Daily Report Editor Alan Woinski has some interesting speculations about Steve Wynn‘s future and his big stock cash-out. “He will need the money considering he never received a golden parachute when he stepped down. He could have a lot … Continue reading →

Posted in Dan Gilbert, Derek Stevens, Detroit, Galaxy Entertainment, Japan, Macau, Mandalay Bay Massacre, Massachusetts, Ohio, Philippines, Politics, Regulation, Resort fees, Security, Steve Wynn, Technology, The Strip, Wall Street, Westgate LV, Wynn Resorts | 1 Comment

E-sports comes to Macao; Donald Trump, thief

Posted on December 13, 2017 by David McKee

Staying with the curve, Macao is going after the e-sports phenomenon. Sociedade de Jogos de Macau held the protectorate’s first e-sports tournament, at Grand Lisboa. Nine international teams competed for a $300K pot. “E-Sports is an emerging industry with huge growth … Continue reading →

Posted in Boulder Strip, Donald Trump, e-sports, Galaxy Entertainment, Macau, Marijuana, Melco Resorts & Entertainment, Philippines, Security, Sociedade de Jogos de Macau, Steve Wynn, Westgate LV | Comments Off

Swings and roundabouts in Louisiana; Sexual harassment in Las Vegas

Posted on November 17, 2017 by David McKee

Now that S&G has been informed that it’s Louisiana that is the Bayou State, let’s take a look at how its casinos did last month. Overall, they dropped 2% for a $198 million gross. The headline item has to be … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Harrah's, history, Isle of Capri, Louisiana, New York, Penn National, Pinnacle Entertainment, Racinos, Tilman Fertitta, Tropicana Entertainment, Westgate LV | Comments Off

Resorts World a ‘go’; House of Blues a ‘drag’

Posted on October 19, 2017 by David McKee

With a great sigh of relief, we note that Resorts World Las Vegas has gone from being just a logo and some nifty renderings to becoming a living, breathing construction project (video here). Genting Group has hired a construction manager and … Continue reading →

Posted in Architecture, Entertainment, Genting, Harrah's, Marketing, MGM Mirage, Penn National, Station Casinos, Technology, The Strip, Vdara Death Ray, Westgate LV | Comments Off

Atlantic Club sold … again; Jackpot Blitz deemed a winner

Posted on October 12, 2017 by David McKee

Late last month, the porte cochere of the Atlantic Club collapsed. As metaphors for the long-suffering property go, you can’t get much better than that. Despite this recent debacle, owner TPM Properties has actually found a buyer for the bounced-around … Continue reading →

Posted in Atlantic City, Colony Capital, Entertainment, G2E, GameCO, Harrah's, International, Internet gambling, Lake Tahoe, Mandalay Bay Massacre, Paragon Gaming, Technology, The Strip, Westgate LV | 1 Comment

Boxing creates boom for Nevada bookmakers

Posted on October 10, 2017 by David McKee

Nevada sports books saw an increase of 1,650% in August wagering. (No, that’s not a typo.) It would be an understatement to say that the Floyd Mayweather/Conor McGregor fight helped. $70 million was wagered on it, with the books keeping … Continue reading →

Posted in Donald Trump, Genting, Mississippi, Regulation, Sheldon Adelson, Singapore, Sports, Technology, Tilman Fertitta, Westgate LV | Comments Off

Hall of Fame game

Posted on September 21, 2017 by David McKee

Inductees to the American Gaming Association‘s Gaming Hall of Fame have sometimes been questionable (mobbed-up Clifford Perlman, for one) but this year’s foursome are unlikely to stir controversy. In a family affair, Paragon Gaming CEO Diana Bennett joins her late father … Continue reading →

Posted in Aristocrat, Entertainment, Geoff Freeman, history, Hooters, International, Lake Tahoe, MGM Mirage, North Las Vegas, Paragon Gaming, Riviera, Sahara, Sam Nazarian, Steve Wynn, Technology, The Mob, The Strip, Westgate LV | Comments Off

Light at end of Atlantic City tunnel; Madonna gets played

Posted on September 14, 2017 by David McKee

There’s one reason to look forward to November in Atlantic City: Revenue comparisons will no longer have to include the dead weight of Trump Taj Mahal. Gaming revenues were up 3.5% on the Boardwalk last month but add the Taj … Continue reading →

Posted in Architecture, Aristocrat, Atlantic City, Cosmopolitan, Dan Gilbert, Detroit, Entertainment, Harrah's, Marketing, MGM Mirage, Mohegan Sun, Paragon Gaming, Scientific Games, Sports, Technology, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Westgate LV | Comments Off

F-blew sold; Turmoil at Westgate

Posted on August 30, 2017 by David McKee

It’s official. Carl Icahn has the Fontainebleau monkey off his back. He found a couple of chumps, er, investment firms in the form of Witkoff Group and New Valley, who bought F-blew for a cool $600 million. When you consider … Continue reading →

Posted in Carl Icahn, Fontainebleau, Genting, LVCVA, Sheldon Adelson, SLS Las Vegas, The Strip, Wall Street, Westgate LV | 2 Comments

F-blew sale rumored; New Jersey legitimizes DFS

Posted on August 28, 2017 by David McKee

According to VitalVegas, Carl Icahn finally has finally hooked a big one and the upshot will be a long-delayed sale of Fontainebleau for $650 million. Uncle Carl has long since recouped his bargain-basement purchase price by selling off everything wasn’t … Continue reading →

Posted in Affinity Gaming, Atlantic City, Boulder Strip, Boyd Gaming, Carl Icahn, Derek Stevens, Donald Trump, Downtown, Fontainebleau, Genting, GLPI, Hard Rock Hotel, Harrah's, history, Internet gambling, Lucky Dragon, LVCVA, M Resort, MGM Mirage, North Las Vegas, Palms, Penn National, Politics, SLS Las Vegas, Station Casinos, Taxes, Terry Caudill, The Strip, Wall Street, Westgate LV | 1 Comment

Odds move toward Mayweather; MGM coy about Cotai plans

Posted on August 25, 2017 by David McKee

As Las Vegas gears up for the Floyd Mayweather/Conor McGregor clash of the tomato cans, rationality is starting to manifest itself in the betting lines. Several large wagers — two as big as $1 million — presumably from ‘sharps,’ began hitting … Continue reading →

Posted in Macau, Marijuana, MGM Mirage, Missouri, Nevada, Oklahoma, Regulation, Sports, Taxes, The Strip, Tribal, Westgate LV | Comments Off