Category Archives: Caesars Entertainment

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

Big trouble in not-so-little China

Posted on July 19, 2018 by David McKee

In his latest column, gaming-law expert I. Nelson Rose contends that U.S.-owned casinos in Macao are on dangerous ground, caught in the cross-hairs of the U.S./China trade war. He begins by recapitulating China’s highly targeted retaliations, which make red states … Continue reading →

Posted in Caesars Entertainment, Donald Trump, Genting, International, Las Vegas Sands, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Big trouble in not-so-little China

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

The pleasant clink of coins

Posted on July 13, 2018 by David McKee

Only Mohegan Sun at Pocono Downs and Lady Luck Nemacolin saw revenue declines at the slot machines last month. All other Pennsylvania casinos were revenue-positive, especially Parx Casino, up 10.5% to $35 million. Another overachiever was Valley Forge Resort Casino, … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Eldorado Resorts, Genting, Greenwood Racing, Illinois, Las Vegas Sands, Mohegan Sun, Penn National, Pennsylvania, Pinnacle Entertainment, Rush Street Gaming, Slot routes | Comments Off on The pleasant clink of coins

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

Sheldon snuggles up to Commies; Elaine tests her clout

Posted on July 10, 2018 by David McKee

If toupée-collecting Sheldon Adelson were offered the chance to build Venetian Tehran he’d immediately become a peacenik regarding Iran, a country he lusts to nuke. Instead of making nice with mullahs, he’s doing the next best thing, warbling sweet nothings to Kim … Continue reading →

Posted in Caesars Entertainment, Elaine Wynn, Galaxy Entertainment, history, Illinois, International, Las Vegas Sands, Macau, Massachusetts, MGM Mirage, Nevada, Planet Hollywood, Politics, Regulation, Sexual misconduct, Sheldon Adelson, South Korea, Sports, Steve Wynn, The Strip, Unite-Here, Wynn Resorts | Comments Off on Sheldon snuggles up to Commies; Elaine tests her clout

A tale of four states

Posted on July 10, 2018 by David McKee

Illinois‘ casino industry has never recovered from the Great Recession. We’ll never know if it would have done so but the inception of slot routes has basically nipped any recovery in the bud. As such, the Land of Lincoln will … Continue reading →

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Eldorado Resorts, Full House Resorts, GLPI, Illinois, Indiana, Majestic Star, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Slot routes, Tribal, Tropicana Entertainment, Wall Street | Comments Off on A tale of four states

Churchill Downs deal goes south; Robocops at Pechanga

Posted on July 10, 2018 by David McKee

Early yesterday, Churchill Downs and Eldorado Resorts announced that they were deep-sixing the sale of Eldorado’s Lady Luck Vicksburg, although Churchill Downs’ purchase of Presque Isle Downs remains in play. Evidently, Churchill Downs was uncomfortable with Federal Trade Commission inquiries … Continue reading →

Posted in Arizona, Caesars Entertainment, California, Churchill Downs, Eldorado Resorts, Environment, Mandalay Bay Massacre, Marijuana, Minnesota, Mississippi, Nevada, Pennsylvania, Regulation, Security, Sports betting, Technology, Tribal, Wall Street, World Series of Poker | Comments Off on Churchill Downs deal goes south; Robocops at Pechanga