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Illinois: No country for big casinos
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Nevada: The Stupid State
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They burned the Monte Carlo ... and may get away with it
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Nevada: The Stupid State
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They burned the Monte Carlo ... and may get away with it
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Want your ass kicked?

Posted At : October 5, 2009 03:16 PM | Posted By : D McKee
Related Categories: Illinois,Taxes,Penn National,MGM Mirage,Pennsylvania,Transportation,The Strip,South Carolina,Sheldon Adelson,Dining,Election,Harrah's,Tourism,Colorado

Then go hang out at Stack. If they don't like your looks, the in-house goons will be sicced on you. And Las Vegans wonder at the schadenfreude so many people feel with regard to Sin City's current doldrums.

No magic bullet. Liberalization of casino rules in Colorado will raise considerably less revenue than expected. Whoever made the projections that are now coming up 60% short obviously didn't take the recession into account.

Opposition grows. An effort by Illinois Gov. Pat Quinn to saturate the state with video gambling devices is encountering widening opposition. Chicago suburbs Evanston and Naperville are among the areas that have nixed the prospect of slot routes.

Don't like our roads? Mail your thanks to Gov. Jim Gibbons, who just got his knuckles rapped by the chairman of the House Committee on Transportation & Infrastructure for laggard deployment of federal highway funds. It's pretty slow around Carson City once the Lege decamps, so what's Midnight Jim's excuse this time?

Sanity 1, Drunks 0. A trio of boozing bozos who rampaged through Buffalo Bill's before piling their car into a ditch can't sue MGM Mirage for their own asshattery, Nevada's high court rules. Since they were drunk off their asses and getting into fights, the trio of boozehounds maintained, casino management had an obligation to keep them on-property ... presumably so they could have continued terrorizing other patrons and otherwise letting the good times roll. In an unrelated victory for common sense, it is no longer a crime in South Carolina to play poker in the privacy of your own home.

Keystone stalemate. Casino owners like Las Vegas Sands who have gone ahead with preparations to add table games will soon be rewarded -- but not until endless legislative machinations play out. House Democrats appear to be backing off a 34% tax rate for tables (J.P. Morgan reports that leadership is now floating a 21% figure) and may even come down to the 12% rate favored by their GOP colleagues. The $10 million upfront fee, though, appears to be a done deal.

All that said, solons managed to spend much of a special weekend session dickering over matters that ought to be none of their business. Like: Should casinos be allowed to serve free drinks to their patrons? Or: Can they operate on Christmas? Now, nothing sounds more depressing than spending Christmas Day at Harrah's Chester, but aren't these matters that ought to be the prerogative of the individual casino owner? Also, ostensibly pro-business Republicans wanted to put table games before the voters, which could render the whole legislative exercise moot ... and relief can't come soon enough for racinos like Penn National Gaming's Hollywood Casino, which is starting to slash its payroll.

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Quote of the Day

Posted At : September 16, 2009 01:03 PM | Posted By : D McKee
Related Categories: Taxes,Politics,Harry Reid,South Carolina,Labor

S&G yields the floor to former President Jimmy Carter:

Runner up, among many choice quotes, goes to South Carolina Democratic Party Chairman Dick Harpootlian: "I think [Rep. Joe Wilson]'s conduct was asinine, but I think it would be asinine no matter what the color of the president.  I don't think Joe's outburst was caused by President Obama being African-American. I think it was caused by no filter being between his brain and his mouth." (Harpootlian knows Wilson from way back.) And, as a former South Carolinian, let me say, please don't boycott the Palmetto State. (Even though they still have a hangup about casinos down there.)

Meanwhile, in its fruitless search for comity at all costs, the White House turns a blind eye to the whole mess. Which ought to remind us that all it takes for evil to triumph is for people of good will to do nothing.

Health care "reform": It's out and it stinks, basically. It incorporates the one truly bad, deal-breaking idea of the '08 McCain campaign by making health benefits reportable as income. But don't worry: Sen. Harry "Hapless" Reid (D-NV) promises to make the bill even worse.

I have only five words remaining: You da man, Jay Rockefeller!

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