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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: California
Dodd’s dud
An attempt to please all major players in the California gambling industry is dead in the Golden State Lege. Sponsor state Sen. Bill Dodd (D) tried to appease card rooms by offering them table games and positioning mobile sports betting. … Continue reading
NBA odds sizzle; Stanley Ho’s revenge
While the expansion of the NBA playoff field to 22 teams fiddled with the odds, the favorites to win remain the same: the Los Angeles Clippers, Los Angeles Lakers and Milwaukee Bucks. The league’s plan is to resume play July … Continue reading
MGM changes mind on Aria; No appetite for deals?
Having told its entire Aria staff to look for new jobs, MGM Resorts International finds itself in the position of saying, “Never mind.” In an interview last weekend, CEO Bill Hornbuckle floated the possibility of reopening Aria by July 4, followed … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, CityCenter, Conventions, Current, Derek Stevens, Dining, Downtown, Economy, Election, Entertainment, Hawaii, Health, Las Vegas Sands, Law enforcement, LVCVA, Marketing, Massachusetts, MGM Resorts International, Money laundering, Resort fees, Sahara, Singapore, Sports, Sports betting, Station Casinos, Terry Caudill, The Rio, The Strip, Tourism, Tribal, TV, Virginia, Wall Street
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Park MGM goes smokeless?; Excalibur returns
Resuming business in mid-pandemic, the casino industry finds itself at a nodal point unlike few in its history. The question: To smoke or not to smoke? Leaving aside our (negative) feelings about tobacco and its side effects, if the casino … Continue reading
California Lege mulls sports betting; Mega-Jottings
Gaming analysts may be getting a little ahead of themselves but they’re estimating that California could generate $30 billion a year in sports-betting handle, $2 billion in revenue and $300 million in taxes. That’d be pretty good news for a … Continue reading
Quote of the Day
“For basically my health and for my family’s health, I just had to resign. It sucks. I really liked working there. I don’t feel they are going to have everything up in place that’s necessary.”—Viejas Casino & Resort security guard … Continue reading
Posted in California, Health, Tribal
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Go to the Convention Center, get a test; Station faces tough recovery
In a win for the Culinary Union, a wide swath of Las Vegas casinos have agreed to test all their employees for Coronavirus before they reopen. University Medical Center, the Culinary Health Fund and the Las Vegas Convention Center are all … Continue reading
Good news from MGM, Mississippi; Musk stops boring
UPDATE: It’s official. MGM Resorts International says it is abandoning parking fees once the shutdown ends. We never thought it would happen so … hallelujah! Score one for the consumer. Mississippi casinos reopen Thursday and while the current pandemic may have … Continue reading
Posted in California, Charity, Dining, Economy, Georgia, Lotteries, LVCVA, M Resort, MGM Resorts International, Mississippi, Penn National, Resort fees, Sports, Taxes, Texas, Transportation, TV
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“Green shoots” in gaming; Mega-Jottings
According to the American Gaming Association, 82 of 989 casinos in the United States have reopened, many of them in Louisiana starting today. But don’t take our word for it. Use the AGA’s Coronavirus tracker, which keeps you abreast of casino … Continue reading
Posted in AGA, Alabama, Arizona, Arkansas, Atlantic City, Boyd Gaming, Caesars Entertainment, California, Conventions, Detroit, Dining, GLPI, Golden Nugget, Health, Illinois, Iowa, Louisiana, LVCVA, M Resort, Macau, Marketing, MGM Resorts International, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Penn National, Politics, Resort fees, Singapore, South Dakota, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tribal, Wynn Resorts
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July resumption for Mass casinos; Room rates rebound
Casinos in Massachusetts now know when they can reopen … more or less. Gov. Charlie Baker (R) has laid out of one of the toughest reopening regimens in the U.S. It will proceed in four phases, each phase—beginning today—lasting three weeks. … Continue reading
Posted in Caesars Entertainment, California, Derek Stevens, Downtown, Economy, Entertainment, Health, Las Vegas Sands, Massachusetts, MGM Resorts International, Oscar Goodman, Penn National, Politics, Real Estate, Regulation, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts
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Creative responses to a crisis
Leave it to Derek Stevens to find a way to literally drive sports-betting business in Downtown. Starting this morning, Circa Sports began taking curbside sports bets at the Golden Gate. You pull up, flash your cash (or plastic) and a … Continue reading
Shakeup at MGM, layoffs at Station
In a late-Friday night of the long knives, MGM Resorts International let go four property presidents. The official nomenclature is “laid-off” but we strongly suspect, given MGM’s history, that this prefaces a streamlining and centralization of authority. Out the door were … Continue reading
Vegas: Welcome to the new normal
Phil Ruffin may have jumped the gun with that May 15 reopening date for Treasure Island. Gov. Steve Sisolak (D), without specifying a quarantine-lifting date, has extended a modified version of the Nevada lockdown into May. “We just have not reached … Continue reading
Boyd doing well; What price Vegas?
Boyd Gaming posted net revenues of that were down 18% for 1Q20, reflective of mid-March casino closures. JP Morgan analyst Joseph Greff termed the results ones “that reflected relatively strong trends in the first two months of the quarter.” Since … Continue reading
Posted in Boyd Gaming, California, Churchill Downs, Cosmopolitan, Derek Stevens, Downtown, Economy, Hard Rock International, Health, Horseracing, Las Vegas Sands, LVCVA, Macau, Massachusetts, MGM Resorts International, Pennsylvania, Regulation, Resort fees, The Strip, Wall Street, Wynn Resorts
1 Comment
Las Vegas breakthrough; Shoot the messenger
Las Vegas-based Avidium Labs says it has developed a Covid-19 test that has been validated at laboratories in California and New York. Said CEO Evan Louie, “Our team is diligently working on getting our tests to a wide range of … Continue reading
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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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
“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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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
