Category Archives: California

Steve Wynn, showman; Caesars, de Laurentiis extend relationship

King Kong isn’t gone from Wynn Paradise Park. He’s been downsized from a massive animatronic to a float on the lake. (Somebody obviously told Steve Wynn the cautionary tale of ‘Disco Yeti‘ at Disney’s Animal Kingdom.) He’ll be joined there … Continue reading

Posted in California, Dining, Entertainment, Harrah's, Maryland, Penn National, Regulation, Security, Steve Wynn, The Strip, Tribal, Wisconsin | 1 Comment

Freeman goes native; MGM hits a three-pointer

American Gaming Association President Geoff Freeman was in Oklahoma City yesterday to talk up the economic benefits of Native American gaming. While one might be tempted to say they speak for themselves, the AGA rolled out some pretty powerful numbers. … Continue reading

Posted in Alaska, Animals, California, Cosmopolitan, Florida, Foxwoods, George Maloof, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Sports, Texas, The Strip, Tribal, TV | Comments Off on Freeman goes native; MGM hits a three-pointer

Strange bedfellows indeed; Massachusetts responds to Vegas massacre

Ex-Indiana Gov. Mike Pence‘s anti-casino past came back to bite him in the keester this week. A lengthy exposé reveals that, even as Pence was publicly posturing about “no expansion of gaming” in Indiana — although Pence never clearly defined … Continue reading

Posted in Atlantic City, California, Centaur Gaming, Charity, Delaware, Donald Trump, e-sports, G2E, Gary Goett, Indiana, Internet gambling, Mandalay Bay Massacre, Maryland, Massachusetts, Nevada, Politics, Regulation, Sheldon Adelson, Station Casinos, Technology, Tribal | Comments Off on Strange bedfellows indeed; Massachusetts responds to Vegas massacre

Cuomo’s overreach; Penn punts on Trop upgrade

Genting needs to get worried, very worried about over budgeted Resorts World Catskills. New casinos promoted in upstate New York by Gov. Andrew Cuomo (D) are grossly underperforming. The three already in operation need an incredible 4Q17 to make good on … Continue reading

Posted in Boyd Gaming, California, Dining, Economy, Genting, Mandalay Bay Massacre, Neil Bluhm, New York, Penn National, Racinos, Taxes, The Strip, Tourism, Tribal, Wall Street | Comments Off on Cuomo’s overreach; Penn punts on Trop upgrade

Caesars exits bankruptcy; Station’s California headache

Caesars Entertainment‘s long Chapter 11 nightmare is finally at an end. Regulators in Missouri and Louisiana have signed off on a reorganization that will leave Caesars creditors $10 billion lighter in the wallet. The consummation of the deal is a … Continue reading

Posted in Atlantic City, California, Harrah's, Illinois, Louisiana, Marketing, Maryland, MGM Mirage, Mississippi, Missouri, Regulation, Station Casinos, Technology, Tribal, Wall Street | Comments Off on Caesars exits bankruptcy; Station’s California headache

Case Bets

Rock in Rio having been one-and-done for MGM Resorts International, word is that the latter is pursuing the Kaaboo music festival for its mostly vacant outdoor-concert space up on Sahara Avenue. For the moment, Kaboo says it has “no plans” to … Continue reading

Posted in California, Entertainment, Foxwoods, MGM Mirage, Movies, Sheldon Adelson, Technology, The Strip | 1 Comment

Firebugs in Macao; New slots at Harrah’s

Already slowed by construction fatalities, jinx-prone Grand Lisboa Palace has now been ravaged by fire. The best that CEO Angela Leong could say about the casino’s late-2018 opening date was that it was now uncertain. Sociedade de Jogos de Macau … Continue reading

Posted in Arizona, Atlantic City, California, Economy, GameCO, Harrah's, Macau, Massachusetts, MGM Mirage, Nevada, Sociedade de Jogos de Macau, Technology, Tribal | Comments Off on Firebugs in Macao; New slots at Harrah’s

Fontainebleau plans take shape; Newton blitzes sports books

Fontainebleau continues to make news. First off, lead investor Steven Witkoff and his partners plan to re-name the unfinished resort. Good idea, as “Fontainebleau” brings nothing but bad karma and negative associations to anyone who frequents the Las Vegas Strip. … Continue reading

Posted in Boyd Gaming, California, Environment, Fontainebleau, Harrah's, history, Lawrence Ho, Macau, MGM Mirage, Sports, Station Casinos, Steven Witkoff, The Strip, Tribal, Wall Street | 2 Comments

Atlantic City wins big; Typhoon Hato clocks Macao

Having trounced its opposition in last year’s election, Atlantic City continues on its roll, with its casinos posting a 20% increase in operating profit through June. “For three consecutive quarters now, the current operators reported double-digit growth in gross operating profits. … Continue reading

Posted in Atlantic City, California, Glenn Straub, Harrah's, Macau, MGM Mirage, Mohegan Sun, Revel, Sheldon Adelson, Steve Wynn, Tilman Fertitta, Tribal | Comments Off on Atlantic City wins big; Typhoon Hato clocks Macao

Japan sets casinos up for failure; Renegade card room in California closed

About the nicest thing Jim Murren had to say about Japan‘s casino market is that it’s “unclear at the moment.” Casino developers are bracing themselves for delivery of a 130-page report from the Expert Committee, laying out proposed regulations for megaresorts. … Continue reading

Posted in Arizona, Atlantic City, California, Cretins, Donald Trump, Election, history, Internet gambling, Japan, Maine, MGM Mirage, Pets, Regulation, Sheldon Adelson, Singapore, Sports, The Strip, Tilman Fertitta, Tourism, Transportation, Virginia | Comments Off on Japan sets casinos up for failure; Renegade card room in California closed

Case Bets: Cosmo, Penn, California, Caesars, Boyd, etc.

It’s reinvention time at The Cosmopolitan of Las Vegas, where management is investing $100 million-plus into upgrades of most of its rooms. If you don’t constantly reinvest in your resort project, you end up with Imperial Palace, er, Linq. (Given … Continue reading

Posted in Boyd Gaming, California, Cordish Co., Cosmopolitan, Greenwood Racing, Harrah's, Indiana, International, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Politics, Technology, The Strip, Tribal | 1 Comment

Mohegan Sun rules; Conflict over e-sports

Executives at Mohegan Gaming Entertainment can take a victory lap this morning. Readers of USA Today voted Mohegan Sun the finest casino in America, edging out Caesars Palace for the top spot. Bracketing Caesars was another tribal casino, Pechanga Resort … Continue reading

Posted in Arizona, Atlantic City, California, Downtown, e-sports, Foxwoods, Harrah's, Iowa, Louisiana, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Regulation, Reno, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal | 2 Comments

Louisiana: Hot in June

Gambling revenues in the Pelican State enjoyed a 5% jump last month, reaching $213 million (not counting slot routes). How good was business? The “worst performing” market, Lake Charles, was up 1%. L’Auberge du Lac ($27 million) had an aberrantly … Continue reading

Posted in Boyd Gaming, California, Churchill Downs, Eldorado Resorts, GLPI, Harrah's, Isle of Capri, Law enforcement, Louisiana, Penn National, Pinnacle Entertainment, Racinos, Tilman Fertitta, Tribal, Tropicana Entertainment | Comments Off on Louisiana: Hot in June

Starting over at the Taj

“I think that we were trying to copy what was happening in Vegas. Everything out there had a theme, and I think that is what we were trying to do.” So says former Trump Taj Mahal executive Steve Norton about the … Continue reading

Posted in Architecture, Atlantic City, California, Carl Icahn, Donald Trump, Greenwood Racing, Hard Rock International, Harrah's, history, Neil Bluhm, Nevada, Pennsylvania, Regulation, Tribal | 1 Comment

Wynn faces tough path in Japan; Sweetheart deal for Saucier

Things haven’t been going well for Kazuo Okada but he could still play spoiler to Steve Wynn‘s casino aspirations in Japan. Litigation between the two could tarnish Wynn’s image. Already, Wynn is swimming upstream, with MGM Resorts International and Las … Continue reading

Posted in Architecture, California, Florida, Genting, Japan, Kazuo Okada, Marketing, Massachusetts, MGM Mirage, Nevada, New York, Politics, Regulation, Sheldon Adelson, Steve Wynn, Wall Street | Comments Off on Wynn faces tough path in Japan; Sweetheart deal for Saucier

Adelson up to new mischief; DFS mega-merger kaput

If you don’t know Rep. Charlie Dent (R), you will soon. Sheldon Adelson has the Pennsylvania congressman by the short and curlies, holding expansion at Sands Bethlehem hostage to passage of Restore America’s Wire Act, his pet cause. Consequently, Dent … Continue reading

Posted in California, Environment, Internet gambling, Law enforcement, Macau, Massachusetts, Penn National, Pennsylvania, Politics | Comments Off on Adelson up to new mischief; DFS mega-merger kaput

Trump Taj: Everything must go; Vegas looking better than ever

Somehow Trump Taj Mahal just wouldn’t be ‘Trump’ if it didn’t go out with an episode of farce. An Atlantic City resident put the liquid into “liquidation” when he decided to take an impromptu shower in one of the vacant … Continue reading

Posted in Animals, Atlantic City, California, Donald Trump, Economy, Hard Rock International, Nevada, Pets, Transportation | Comments Off on Trump Taj: Everything must go; Vegas looking better than ever

National Harbor cleans up; A peek inside Resorts World Las Vegas

MGM National Harbor drove a 40% increase in Maryland gambling revenues last month. The $50.5 million gross at MGM was evenly divided between table games and slots. Since the latter are taxed at a far higher rate, MGM won’t be … Continue reading

Posted in Animals, Architecture, Atlantic City, California, Cordish Co., Economy, Entertainment, Genting, GLPI, Golden Gaming, Hard Rock International, Harrah's, Maryland, MGM Mirage, Penn National, Racinos, The Strip, Tribal, West Virginia | 1 Comment

DFS mega-merger stalled; Regulating e-sports

It looks like the Trump administration isn’t going to be completely laissez-faire, at least as far as the DraftKings/FanDuel merger is concerned. In cooperation with the State of California and the District of Columbia, the Federal Trade Commission has filed … Continue reading

Posted in California, Foxwoods, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Regulation, Sports | Comments Off on DFS mega-merger stalled; Regulating e-sports

Quote of the Day

“We’re making this job fair unique so we can entice the best applicants.” — Janet Borland, human resources talent manager at Pechanga Resort & Casino, which will be offering putting-green session and chair massages to job applicants, as it looks … Continue reading

Posted in California, Tribal | Comments Off on Quote of the Day