Category Archives: Glenn Straub

Glenn Straub, gaming’s problem child; Panic in New York State

Posted on June 28, 2017 by David McKee

“We’ve been shut down now for three years. As an abandoned building, we want the value of an abandoned building, not the value of a casino hotel,” said Revel owner Glenn Straub, defending his failure to pay Casino Reinvestment Development … Continue reading →

Posted in Architecture, Atlantic City, Boulder Strip, Foxwoods, GameCO, Glenn Straub, history, Marketing, New York, Planet Hollywood, Politics, Racinos, Regulation, Revel, Station Casinos, Taxes, Technology, Tourism, Tribal | Comments Off

MGM rebuffed in Connecticut; Taking the Trump out of the Taj

Posted on June 23, 2017 by David McKee

For the second time, a federal court has ruled against MGM Resorts International in its attempts to wrest a casino license away from Mohegan Sun and Foxwoods Resort Casino. According to the Hartford Courant, the court held that “the company … Continue reading →

Posted in Architecture, Atlantic City, Donald Trump, Foxwoods, GameCO, Glenn Straub, Hard Rock International, Harrah's, Macau, Maryland, MGM Mirage, Mohegan Sun, Pennsylvania, Regulation, Revel, Technology, Tropicana Entertainment | 1 Comment

That wacky Glenn Straub; New York caves on ‘Net bets

Posted on June 20, 2017 by David McKee

Call it Revel, call it Ten but, whatever you do, call it “closed.” Because that’s what Revel is. Owner Glenn Straub is frittering away the prime earning weeks of the year while he fights with state and local officials, whether … Continue reading →

Posted in Atlantic City, Cosmopolitan, Donald Trump, Environment, Glenn Straub, Internet gambling, New York, Pennsylvania, Politics, Regulation, Revel | Comments Off

Hard Rock ups Atlantic City commitment; Japan inspires casino designers

Posted on May 31, 2017 by David McKee

Compared to Carl Icahn‘s half-a-loaf policies, Hard Rock International CEO Jim Allen is Lady Bountiful, at least as concerns [Trump] Taj Mahal. We put The Donald’s name in brackets because it’s one of the first things to go, to be … Continue reading →

Posted in Architecture, Atlantic City, Carl Icahn, Donald Trump, Election, Glenn Straub, Hard Rock International, Harrah's, Harry Reid, International, Japan, Lawrence Ho, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Regulation, Revel, Sahara, SLS Las Vegas, Technology, Unite-Here | 1 Comment

Hard Rock takes Icahn to the cleaners

Posted on May 11, 2017 by David McKee

Well, now we know how much Hard Rock International paid for Trump Taj Mahal — and why Carl Icahn wanted to keep it a secret. The defunct casino changed hands for $50 million, well below the nine-figure sum Icahn was … Continue reading →

Posted in Atlantic City, Carl Icahn, Columbia Sussex, Donald Trump, Glenn Straub, Hard Rock International, MGM Mirage, Pennsylvania, Regulation, Revel, Sheldon Adelson, Tribal, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off

Quote of the Day

Posted on April 24, 2017 by David McKee

“Water rights are civil rights, and civil rights are human rights. This is not a money problem. This is a democracy problem. Flint, Michigan, is a moral parable about the peril of giving up control of your water.” — NAACP … Continue reading →

Posted in Atlantic City, Environment, Glenn Straub, Revel | Comments Off

Trump’s Amman Castle?; Wynn goes 0-for-2

Posted on March 30, 2017 by David McKee

Gambling is illegal in Jordan but that doesn’t stop Donald Trump. The new president’s company has renewed the trademark for a Jordanian casino. This won’t play well with religious hawks in the Hashemite kingdom, who went into full cry when … Continue reading →

Posted in Donald Trump, Genting, Glenn Straub, International, Internet gambling, Japan, Macau, Revel, Steve Wynn, The Strip | Comments Off

Atlantic City suffers February hiccup; Caesars K.O.’d in Korea

Posted on March 14, 2017 by David McKee

All good things must end and, in the case of Atlantic City, a pretty steady comeback hit a pothole in December, with business down 2%. Even Borgata ($58 million) was down a percentage point. Citywide, slot revenue was actually up … Continue reading →

Posted in Atlantic City, Carl Icahn, Dan Gilbert, Detroit, Glenn Straub, Golden Gaming, Greenwood Racing, Hard Rock International, Harrah's, Internet gambling, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Pennsylvania, PokerStars, Revel, Sheldon Adelson, South Korea, Tropicana Entertainment | 1 Comment

MGM antes up for Sands Bethlehem; Glenn Straub, man of mystery

Posted on March 9, 2017 by David McKee

Last week’s premature announcement by Sands Bethlehem President Mark Juliano that a sale, probably to MGM Resorts International, may have redounded to Las Vegas Sands‘ benefit. The reported sale price has crept up to $1.3 billion. Since a sale would … Continue reading →

Posted in Atlantic City, Economy, Glenn Straub, Macau, Marketing, MGM Mirage, Palms, Pennsylvania, Revel, Sheldon Adelson, Station Casinos, Taxes, Wall Street | Comments Off

Tumult at Golden Gate; Icahn to sell Trump Taj

Posted on February 8, 2017 by David McKee

It’s been a busy week or so for Derek Stevens. Last week, he started turning earth on the La Bayou site, preface to construction of a two-story slot parlor that Stevens expects to have finished by August. (He wastes no … Continue reading →

Posted in Alabama, Atlantic City, Carl Icahn, Derek Stevens, Dining, Downtown, Glenn Straub, Nevada, Politics, Revel, Unite-Here | Comments Off

Penn National backpedals; Feral bunnies terrorize Vegas

Posted on February 2, 2017 by David McKee

Penn National Gaming released fourth-quarter numbers and, according to Deutsche Bank‘s Carlo Santarelli acknowledged a “difficult start” at Hollywood Jamul (this despite having an extra-long runway to get the new property aloft). Santarelli called the tribal casino a “drag” on … Continue reading →

Posted in Animals, Atlantic City, California, Dining, Donald Trump, Election, Glenn Straub, GLPI, Hard Rock International, history, Illinois, Iowa, Japan, Macau, Marketing, Penn National, Regulation, Revel, Sheldon Adelson, Slot routes, Steve Wynn, Technology, The Strip, Tribal, Trump Entertainment Resorts, Wall Street, West Virginia | Comments Off

AGA sacks NFL; Ten opening on tenterhooks

Posted on February 1, 2017 by David McKee

Yes, we’re coming up on “The Big Game” and the American Gaming Association is as pass-happy as the New England Patriots and Atlanta Falcons offenses. It’s lobbing bombs anywhere from Eau Claire to Huntsville, from Fox Business Network to CBS Boston, … Continue reading →

Posted in Atlantic City, Entertainment, Geoff Freeman, Glenn Straub, International, Internet gambling, New York, Regulation, Revel, South Dakota, Sports, TV | Comments Off

Warm December in Atlantic City; Las Vegas stages comeback

Posted on January 13, 2017 by David McKee

Online gambling continues to be a hit with New Jersey players, up 31% to $18 million in December. Resorts Digital‘s market share has eked past Tropicana Entertainment‘s but Golden Nugget is far and away the leader, with 26%. Enjoy it … Continue reading →

Posted in Architecture, Atlantic City, Dan Gilbert, Detroit, Economy, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Revel, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off

National Harbor boffo for MGM; Icahn keeps them guessing

Posted on January 6, 2017 by David McKee

In its first month, MGM National Harbor has been both good and bad for Maryland. Although the MGM Resorts International property, acclaimed by some as being Las Vegas Strip-caliber, did blockbuster numbers, the rest of the Maryland casino industry was … Continue reading →

Posted in Carl Icahn, Cordish Co., Glenn Straub, Golden Gaming, Harrah's, Internet gambling, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Politics, Revel, Slot routes, Taxes, The Strip, Tropicana Entertainment, Unite-Here, Wall Street | 2 Comments

Macao: Cautious recovery predicted; Straub sets Revel reopening

Posted on December 30, 2016 by David McKee

“Does the fact that Macao has an Eiffel Tower now bring extra people to the market,” asked Union Gaming Group analyst Grant Govertsen rhetorically. “Yes, but their main activity here will still be gaming.” “They” includes players from as far … Continue reading →

Posted in Atlantic City, CityCenter, Dining, Economy, G2E, Glenn Straub, Internet gambling, Japan, Lawrence Ho, Macau, Revel, Sheldon Adelson, The Strip, Tourism, Transportation, Wall Street | 1 Comment

Caesars: No free ride; Straub sues New Jersey

Posted on December 1, 2016 by David McKee

In an utterly predictable move, Caesars Entertainment will begin charging for parking at its Las Vegas Strip casinos in late December, at the same when MGM Resorts International‘s paid-parking regime is expected to go wide, encompassing locals. (December 29 is … Continue reading →

Posted in Atlantic City, Economy, Encore, Entertainment, Glenn Straub, Harrah's, Japan, Macau, MGM Mirage, Movies, Politics, Regulation, Revel, Steve Wynn, The Strip, Tourism, Wall Street | 1 Comment

All right in Atlantic City; Trump: The Asia connection

Posted on November 28, 2016 by David McKee

Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Glenn Straub, Harrah's, International, Iowa, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Vietnam | 1 Comment

Florida: Scott loses, big time; Coup d’etat in Atlantic City

Posted on November 11, 2016 by David McKee

Fourteen more years. That’s how long the Seminole Tribe can have exclusive rights to blackjack in Florida, thanks to a ruling by U.S. District Judge Robert Hinkle. It’s a huge win for the Seminoles and not entirely unforeseen, given how … Continue reading →

Posted in Atlantic City, Donald Trump, Economy, Election, Florida, Geoff Freeman, Georgia, Glenn Straub, Hard Rock International, Japan, Lawrence Ho, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Pennsylvania, Racinos, Rhode Island, Seminole Tribe, Sheldon Adelson, Taxes, Tribal, Wall Street | Comments Off

Straub makes some odd choices; Tiverton still up for grabs

Posted on November 10, 2016 by David McKee

Glenn Straub won one round, lost another in his quest to revive Revel as Ten. On Oct. 18, he received a certificate of occupancy, paving the way for him to reopen the property. (Last spring’s effort was a Chinese fire … Continue reading →

Posted in Affinity Gaming, Ameristar, Atlantic City, Election, Glenn Straub, GLPI, Hard Rock International, Isle of Capri, Kansas, Massachusetts, Missouri, Penn National, Pinnacle Entertainment, Regulation, Revel, Rhode Island, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off

Mixed signals from Atlantic City

Posted on October 13, 2016 by David McKee

Despite having an extra weekend day last month, casino receipts in Atlantic City were down 3.5%, largely driven by the Trump Taj Mahal. (Subtract the Taj from the equation and you’d have a flat year/year comparison.) Table game revenues were … Continue reading →

Posted in Atlantic City, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Revel, Tilman Fertitta, Tropicana Entertainment | 3 Comments