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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Author Archives: David McKee
More woes for Penn; “A slog” for Encore Boston
Covid-19 has claimed another casino casualty in the form of Resorts Casino Tunica. Ironically, the Penn National Gaming closure comes after an abortive March which promised to exceed the 2019 in Mississippi. Overall gaming revenues were at $110 million when … Continue reading
Posted in Australia, California, Crown Resorts, Economy, GLPI, history, International, Massachusetts, Mississippi, Penn National, Sports betting, Taxes, Tourism, Wall Street, Wynn Resorts
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Hiccup in Virginia; Sheldon’s retail therapy
Just when it seemed like casinos in Virginia were a done deal, some last-minute tinkering by Gov. Ralph “Blackface” Northam (D) could scupper the whole deal. Northam unilaterally amended the enabling legislation to redirect two-thirds of the tax collections from … Continue reading
Posted in Boyd Gaming, Cretins, Economy, FanDuel, Hard Rock International, International, Internet gambling, Las Vegas Sands, Macau, Mohegan Sun, Pennsylvania, PokerStars, Politics, Racinos, Regulation, Rush Street Gaming, Sheldon Adelson, Singapore, Sports betting, Taxes, Tourism, Transportation, Tribal, Virgin Hotels, Virginia, Wall Street
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Quote of the Day
“Ignorance and superstition ever bear a close and mathematical relation to each other.”—James Fenimore Cooper
Posted in history
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Gambling in the time of Coronavirus
Editor’s note: This roundtable was originally conducted for Casino Life magazine. For reasons unrelated to content, it was ‘put in turnaround,’ as they say in Hollywood. Rather than waste a perfectly good exchange between gaming executive Yaniv Sherman and sportswriter … Continue reading
Posted in Boyd Gaming, California, Conventions, DraftKings, e-sports, FanDuel, Health, Horseracing, Illinois, International, Internet gambling, Michigan, Missouri, New Jersey, Pennsylvania, Sports, Sports betting
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Sisolak vs. Goodman, Round Two; Wynn’s recovery plan
Nevada Gov. Steve Sisolak (D), while acknowledging that his state’s unemployment-aid infrastructure is swamped (although initial jobless claims declined to 58,641 last week), is taking a steady-as-she-goes approach to reopening the Silver State, relying heavily on medical advice. “This is not … Continue reading
Quote of the Day
“Blaming this dire circumstance on one person, one set of leaders, or one political party is tempting but too simple. Our response to today’s health crisis reveals a deep illness that has been festering within American society and our body … Continue reading
Quote of the Day
“No doubt there is a fair amount of angst [among owners] because at the end of the day they’re like everyone else in the United States, Canada, who is dealing with a shelter-at-home protocol. I think they’re more frustrated around the … Continue reading
Quote of the Day
“We’re a long way off from huge gatherings. We can’t reopen things simply because our hearts say that we want to.”—Los Angeles Mayor Eric Garcetti
Posted in California, Economy, Health
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Northam covets slot tax; CEO suddenly out at Foxwoods
In Gov. Ralph Northam‘s Virginia there are two inevitabilities: death from Coronavirus and taxation of black-market slot routes. Northam wants to legitimize the devices (their unsanitary properties notwithstanding) in order to collect taxes off them. He rationalizes the move by … Continue reading
Posted in e-sports, Economy, Foxwoods, Health, International, Internet gambling, Politics, Problem gambling, Resorts World LV, Slot routes, Sports, Sports betting, Taxes, The Strip, Virginia, William Hill
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Internet saves Atlantic City; Hope for sports bettors
On March 16, both Atlantic City and Detroit closed their casinos, but the Boardwalk had it somewhat worse, down 62% in the truncated month. (The numbers suggest that visitation may have been tailing off prior to the shutdown.) Atlantic City … Continue reading
Posted in AGA, Atlantic City, Caesars Entertainment, Detroit, DraftKings, Eldorado Resorts, FanDuel, Hard Rock International, Health, Internet gambling, Massachusetts, MGM Resorts International, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Sports, Sports betting, Tilman Fertitta, Tribal, Wynn Resorts
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Tribes reel under pandemic; Lawyers: It’s OK to cheat
Although as many as 17% of tribal casinos may still be open, according to the American Gaming Association, that doesn’t mean there’s not a lot of pain in Indian Country. Meister Economic Consulting, the go-to source on tribal gaming, estimates … Continue reading
Small casinos still screwed; Hedge funds on the prowl
Evidently someone got American Gaming Association President Bill Miller’s letter to Donald Trump before POTUS’ eyes. We say “evidently” because somebody (probably the White House), in an effort to be Solomonic, persuaded the Small Business Administration to effect a compromise. It … Continue reading
Quote of the Day
“The kind of fraud which consists in daring to proclaim the truth while mixing it with a large share of lies that falsify it, is more widespread than is generally thought.”—Marcel Proust
Posted in history
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Quote of the Day
‘‘I am almost positive James Madison fell off a cloud somewhere today when Trump said that.”—GOP donor Dan Eberhart, in response to Donald Trump‘s assertion that his “authority is total.”
Posted in Current
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Midwest: Casinos, interrupted
For some arcane reason, Illinois has not reported casino revenue for March. But we have a couple of neighboring states’ data and can conclude with reasonable certainty that it tracks with the Land of Lincoln. After a March 17 closure … Continue reading
Union: Where there’s a will, there’s a way
Discontent with casino management is spreading from Las Vegas to the Gulf Coast and beyond. In a Unite-Here teleconference, local union President Marlene Patrick Cooper expressed the general sentiment, saying, “This is a disaster that’s 10 times worse than Katrina. They chose … Continue reading
Quote of the Day
“I get they think it’s a way to return jobs at both casinos and salvage the industry. The governor is allowing home delivery of alcohol and medical marijuana, why not this?”—Connecticut state Sen. Cathy Osten (D), making the case for … Continue reading
Posted in Connecticut, Foxwoods, Internet gambling, Marijuana, Mohegan Sun
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Culinary issues demands; Outlasting Coronavirus
In a Thursday media event, the Culinary Union called for casinos to continue paying their inactivated employees for as long as the Coronavirus crisis lasts. Said Unite-Here President D. Taylor, “The industry, obviously, is a very profitable industry. We don’t understand their … Continue reading
Posted in AGA, Architecture, California, Culinary Union, Donald Trump, Economy, Galaxy Entertainment, Health, Las Vegas Sands, Macau, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Regulation, Sociedade de Jogos de Macau, Technology, Tribal, Unite-Here, Wall Street, Wynn Resorts
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