Category Archives: Atlantic City

Quote of the Day

Posted on July 27, 2018 by David McKee

“Before the Taj closed in 2015, we had an eight-casino market that was fairly stable. So with the opening of two new casinos we go to a nine-casino market, and the question is whether we can sustain that. And I … Continue reading →

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Quote of the Day

Posted on July 27, 2018 by David McKee

“We have spent over $500 million in renovating this building, and you may recall when we first purchased this building, we promised we would not just paint it and put a guitar on the wall. How do you think we … Continue reading →

Posted in Atlantic City, Hard Rock International | Comments Off on Quote of the Day

MGM lawsuit clarified; Circumspect Caesars

Posted on July 19, 2018 by David McKee

Contrary to what early press reports led us to believe, MGM Resorts International‘s counterclaim against victims of the Mandalay Bay Massacre does not affect any of the active cases now moving forward against the casino giant. The Associated Press says, “The … Continue reading →

Posted in Arkansas, Atlantic City, Caesars Entertainment, Election, Mandalay Bay Massacre, MGM Resorts International, Sports betting, Tribal | Comments Off on MGM lawsuit clarified; Circumspect Caesars

Sport of kings on wobbly legs; Sports betting races ahead in N.J., N.Y., flags in Pennsylvania

Posted on July 18, 2018 by David McKee

Were it not for racinos, we’d probably be talking about the sport of kings in the past tense. Handle at racetracks has fallen 50% in the last 15 years. However, slot machines have infused a billion dollars a year, keeping … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Cordish Co., DFS, Dining, Greenwood Racing, Horseracing, Internet gambling, Macau, New York, Pennsylvania, Problem gambling, Racinos, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta | 1 Comment

MGM lawsuit backfires

Posted on July 18, 2018 by David McKee

MGM Resorts International stepped in it — at least momentarily — when it elected to sue victims of the Mandalay Bay Massacre in federal court. The Twitterverse briefly arose in #BoycottMGM outrage, but it died down by day’s end and … Continue reading →

Posted in Architecture, Arizona, Atlantic City, Dan Gilbert, Detroit, Donald Trump, Environment, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Ohio, Security, Sports, The Strip, Trump Entertainment Resorts | 1 Comment

New era in Atlantic City

Posted on July 13, 2018 by David McKee

Atlantic City is already feeling the benefits from the double-barreled openings of Hard Rock Atlantic City and Ocean Resort. While June’s gambling revenues were up 1.5% on a same-store basis, add the newcomers and the increase is 5%. (Both casinos … Continue reading →

Posted in Atlantic City, Bruce Deifik, Caesars Entertainment, Dan Gilbert, Detroit, Hard Rock International, Internet gambling, Marketing, MGM Mirage, Mohegan Sun, Racinos, Regulation, Sports, Sports betting, Taxes, Tilman Fertitta, Tropicana Entertainment | 2 Comments

MGM: Time to buy; Arkansas casinos one step closer

Posted on July 11, 2018 by David McKee

As of today, Hard Rock Rocksino, in Ohio, is official part of MGM Growth Properties. However, until MGP finds a new tenant, Hard Rock International will continue to run the place. It’s a win-win for Hard Rock and MGP. For … Continue reading →

Posted in Arkansas, Atlantic City, Dining, Election, Genting, Hard Rock International, history, Las Vegas Sands, Macau, MGM Mirage, Mississippi, Ohio, The Strip, Wall Street | Comments Off on MGM: Time to buy; Arkansas casinos one step closer

I’ve got a historical horse right here, his name is Paul Revere

Posted on July 6, 2018 by David McKee

Damn the laws, full speed ahead: That’s the mentality of Illinois horse tracks as they push for ‘historical racing,’ VLTs where you can bet on the outcome of past races. The Illinois Racing Board voted it through unanimously. “We’re out of … Continue reading →

Posted in Atlantic City, Bruce Deifik, Florida, Hard Rock International, Horseracing, Illinois, Indiana, Internet gambling, Kentucky, Law enforcement, Massachusetts, MGM Mirage, Politics, Racinos, Slot routes | Comments Off on I’ve got a historical horse right here, his name is Paul Revere

Atlantic City, the morning after; On the dole in Delaware

Posted on July 5, 2018 by David McKee

Even as it celebrates its debut in Atlantic City, Hard Rock International is pining for the New York City area, especially since it has an exclusive contract to operate a casino at Meadowlands. In a display of rather poor taste, Hard … Continue reading →

Posted in Ameristar, Atlantic City, Bruce Deifik, Delaware, Galaxy Entertainment, Hard Rock International, Indiana, Macau, New York, Penn National, Pinnacle Entertainment, Racinos, Sports, Taxes, Wall Street | 1 Comment

Atlantic City primed for openings; Tokenism at AGA

Posted on June 27, 2018 by David McKee

“Do I think the gaming market ever comes back to close to $6 billion in revenue? No. Not even close,” Hard Rock International CEO Jim Allen said of Atlantic City. “If a brand like Hard Rock fails in Atlantic City, the … Continue reading →

Posted in Arizona, Atlantic City, Bruce Deifik, California, Carl Icahn, Donald Trump, Entertainment, Geoff Freeman, Hard Rock International, Harrah's, Las Vegas Sands, Marketing, MGM Mirage, New York, Pennsylvania, Revel, Rush Street Gaming, Sports, The Strip, Tribal, Trump Entertainment Resorts, Wall Street | 4 Comments

D-Day for Ocean Resort near; MGM’s tax bonanza

Posted on June 25, 2018 by David McKee

Bruce Deifik really is a gambler: He bought Revel sight unseen, lead investor in the $200 million purchase. If Glenn Straub‘s bizarre interregnum as owner was a lesson in how not to behave in Atlantic City, Deifik has been a … Continue reading →

Posted in Atlantic City, Bruce Deifik, e-sports, Glenn Straub, Harrah's, Louisiana, MGM Mirage, Nevada, Penn National, Politics, Revel, Sports, Taxes, Tribal, Tropicana Entertainment, Wall Street | Comments Off on D-Day for Ocean Resort near; MGM’s tax bonanza

“Cashless casinos” in China; Keeping score in Louisiana

Posted on June 20, 2018 by David McKee

Could Chinese players go for gambling if the winnings aren’t monetary? That’s the wager resort owners on the island of Hainan plan to make if the central government gives them a much-hoped-for exception. Just as players wager for trinkets in … Continue reading →

Posted in Atlantic City, Boyd Gaming, DFS, Election, Harrah's, Horseracing, International, Japan, Louisiana, Macau, Marketing, Politics, Problem gambling, Racinos, Regulation, Singapore, Slot routes, Taxes, Tourism | Comments Off on “Cashless casinos” in China; Keeping score in Louisiana

Overexposed in Macao; Hard Rock firing on all cylinders

Posted on June 19, 2018 by David McKee

If you’re a Wynn Resorts shareholder and you’re following rising trade tensions with China, you’ve a right to be nervous. Wynn derives 69% of its revenue from Macao, giving a certain truth to Steve Wynn‘s old quote that “We’re really … Continue reading →

Posted in Architecture, Atlantic City, Dining, Donald Trump, Economy, Florida, Hard Rock International, Harrah's, Japan, Lawrence Ho, Macau, MGM Mirage, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wynn Resorts | Comments Off on Overexposed in Macao; Hard Rock firing on all cylinders

The Doctor is all-in; Morpheus a wake-up call

Posted on June 18, 2018 by David McKee

Sports betting is off and running at Borgata, having been inaugurated by Julius “Dr. J” Erving, who put down $5 on the Philadelphia Eagles to win a second straight Super Bowl. “I got a chance to look at the board … Continue reading →

Posted in Architecture, Atlantic City, Internet gambling, Lawrence Ho, Macau, MGM Mirage, Racinos, Revel, Sports, Technology | Comments Off on The Doctor is all-in; Morpheus a wake-up call

Leagues greedy for bookie sponsorships; Wynn gets sued

Posted on June 15, 2018 by David McKee

Guess what? Major leagues’ opposition to sports betting has melted overnight and now they’re into it for as much money as they can get. Bookmaker William Hill reports being “inundated” with sponsorship requests. Hill is a logical candidate for this, … Continue reading →

Posted in Atlantic City, Bruce Deifik, Current, Massachusetts, Regulation, Sports, Wynn Resorts | Comments Off on Leagues greedy for bookie sponsorships; Wynn gets sued

Another administration scandal?; Ocean Resort ready to go

Posted on June 14, 2018 by David McKee

Connecticut‘s congressional delegation continues to make noise about the yes-no-maybe nature of the Trump administration’s handling of the Mohegan Sun/Foxwoods Resort Casino compact to build an off-reservation casino in East Windsor. Wrote Sen. Richard Blumenthal, Sen. Chris Murphy and Reps. … Continue reading →

Posted in Atlantic City, Bruce Deifik, Florida, Foxwoods, Hard Rock International, Internet gambling, Mohegan Sun, Nevada, Politics, Regulation, Revel, Seminole Tribe, Tribal | Comments Off on Another administration scandal?; Ocean Resort ready to go

New Jersey ready for action; Strip club upstages Hard Rock

Posted on June 13, 2018 by David McKee

New Jersey Gov. Phil Murphy (D) still plans to place his first sports wager at Monmouth Park tomorrow but Borgata is trying to crash the party. The megaresort issued a statement saying “we are moving ahead with all possible speed … Continue reading →

Posted in Atlantic City, Delaware, Hard Rock International, Illinois, International, Internet gambling, Macau, Massachusetts, MGM Mirage, Mississippi, Nevada, Pennsylvania, Racinos, Sociedade de Jogos de Macau, Sports, Stanley Ho, Taxes, The Strip, Tilman Fertitta, Tourism, West Virginia, Wynn Resorts | 1 Comment

New Jersey: Play ball!; Brothels on the defensive in Nevada

Posted on June 12, 2018 by David McKee

Major League Baseball, which has a long and tortured history with gambling, is urging states other than Nevada not to copy the Silver State’s regulatory system when it comes to sports betting, Why? Nevada sports books are not required to … Continue reading →

Posted in Atlantic City, Australia, Delaware, Nevada, Politics, Regulation, Sexual misconduct, Sports, Tilman Fertitta | 1 Comment

Waiting game in N.J.

Posted on June 11, 2018 by David McKee

Tempers were frayed as New Jersey legislators debated the fine points of sports betting. Demands from major-league representatives for ‘integrity fees’ got a frosty reception. Alluding to the legal bill the Garden State ran up fighting for legalized sports betting, … Continue reading →

Posted in Atlantic City, e-sports, Politics, Regulation, Sports, Tilman Fertitta | Comments Off on Waiting game in N.J.

Fertitta shut out; Gaming blogger shut down

Posted on June 8, 2018 by David McKee

A provision in New Jersey‘s sports-betting law is good news for MGM Resorts International and Caesars Entertainment, and bad news for Tilman Fertitta. The law bars owners of major-league teams from also offering sports betting. But a loophole exempts owners … Continue reading →

Posted in Atlantic City, Harrah's, Illinois, Internet gambling, MGM Mirage, Slot routes, Sports, Technology, Tilman Fertitta | 3 Comments