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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Charity
Hard Rock, Trop push for sports books; Sands Bethlehem slammed at the tables
Atlantic City is getting caught up with customers’ fever for sports betting. Both the Hard Rock Atlantic City and Tropicana have applied for licensure of their sports books. Both are outsourcing the operation of the books. The Trop is going … Continue reading
Posted in Atlantic City, Bruce Deifik, Caesars Entertainment, Charity, Connecticut, e-sports, Eldorado Resorts, Foxwoods, Genting, Greenwood Racing, Hard Rock International, Internet gambling, Las Vegas Sands, Macau, MGM Resorts International, Mohegan Sun, Pennsylvania, Politics, Regulation, Sports betting, Taxes
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MGM Springfield disappoints; Ruffin makes peace
Publicizing revenue expectations is a dangerous thing. Just ask the four new casinos in upstate New York. Or Bruce Deifik in Atlantic City. When you don’t make your number (the dreaded Penn National Effect) it opens you up for no … Continue reading
Posted in Charity, Connecticut, Culinary Union, International, Law enforcement, Macau, Massachusetts, MGM Resorts International, Penn National, Phil Ruffin, Problem gambling, Rhode Island, The Strip
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Doing the right thing
Bravo to Hard Rock International and Seminole Gaming for stepping up to partner with Clean the World (which was covered in this space last week) to help victims of Hurricane Michael. According to CasinoBeats.com, “An immediate donation of 30,000 containers … Continue reading
Posted in Atlantic City, Caesars Entertainment, Charity, Cretins, Dining, Eldorado Resorts, Environment, Florida, Hard Rock International, Internet gambling, MGM Resorts International, Nevada, New Jersey, Racinos, Seminole Tribe, Sports betting, The Strip
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Maryland & other case bets
Growth in Maryland continued last month, if not at the spectacular rates we’ve seen previously. Gaming revenue rose 7% to $144 million. The leader, of course, was MGM National Harbor, jumping 10% to $54.5 million, which translates to $1.8 million/day. … Continue reading
Posted in Affinity Gaming, Atlantic City, Caesars Entertainment, California, Charity, Churchill Downs, Cordish Co., Florida, Golden Gaming, Macau, Maryland, MGM Resorts International, Mohegan Sun, New York, Penn National, Rush Street Gaming, Sports, Technology, Tribal, West Virginia
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Boyd captures Valley Forge; An historic first at the Plaza
Boyd Gaming is officially in the Pennsylvania market, having closed its $280.5 million purchase of Valley Forge Casino Resort. The company now gets to grapple for a piece of the crowded Philadelphia market. And don’t think Harrah’s Philadelphia won’t tout … Continue reading
Shelter from the storm; Eldorado enters Atlantic City
Looking for someplace to ride out the storm. Ocean Resort is full through September 15 but comped rooms will be available after that. “We completely understand the concern for families and the community during times like this, so we want to … Continue reading
Posted in Atlantic City, Bruce Deifik, Carl Icahn, Charity, Churchill Downs, Eldorado Resorts, Entertainment, Environment, International, Internet gambling, Lake Tahoe, Laughlin, Mohegan Sun, Penn National, Pennsylvania, Pinnacle Entertainment, Regulation, Reno, Rush Street Gaming, Technology, The Strip, Wynn Resorts
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MGM cuts the cheese; Adelson has a heart
Earlier this week MGM Resorts International made a flatulent public-relations move. It offered, in lieu of siccing process servers on some 1,000 Mandalay Bay Massacre victims, that it would donate $500 each to charity. That’s right: A company that made … Continue reading
New kink at Linq; Casino clash in Arkansas
That Vegas High Roller thing didn’t work out so well for Caesars Entertainment, so now it’s going to try shooting tourists down the Linq Promenade on a 114-foot-high zipline. This quick thrill will be priced at $20-$30 in the daytime … Continue reading
Posted in Arkansas, Boyd Gaming, Caesars Entertainment, Charity, Election, Entertainment, Horseracing, Phil Ruffin, Politics, Sports, The Strip, Tribal
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The pleasant clink of coins
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
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Culinary confronts Caesars
If Deutsche Bank analyst Carlo Santarelli is any indicator, Wall Street is sanguine almost to the point of complacency about contract talks in Las Vegas. He calls the chances of a strike “low” although he thinks negotiations could drag on … Continue reading
Posted in Boyd Gaming, Charity, Culinary Union, Harrah's, Mandalay Bay Massacre, MGM Mirage, Penn National, Sheldon Adelson, Station Casinos, Taxes, Texas, Transportation, Tribal, Wall Street, Wynn Resorts
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Paddy Power takes on U.S.; Decision time for Freeman
In a story that, frankly, I just didn’t feel like covering last week, Paddy Power Betfair has hitched its wagon to the hitherto-unprofitable DFS star. It has purchased FanDuel, taking a 61% share of the company. The catalyst, obviously, is … Continue reading
Posted in Atlantic City, Bruce Deifik, Charity, DFS, Geoff Freeman, Harrah's, Horseracing, International, Internet gambling, PokerStars, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Vietnam
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Looking for change in Illinois; Copperfield goes “Poof!”
Grand Victoria is such small potatoes in the MGM Resorts International portfolio that the Elgin riverboat’s management used to be farmed out to co-owner Hyatt Gaming (since succeeded by the Pritzker family’s RBG). The Elgin City Council is hoping that … Continue reading
Posted in Arizona, California, Charity, Donald Trump, Eldorado Resorts, Entertainment, Environment, Illinois, MGM Mirage, Slot routes, Taxes, Transportation, Tribal
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Icahn out, Eldorado in; Caesars balks at Hoosier fee
Carl Icahn was in a selling mood last weekend, cashing out of Tropicana Entertainment. The buyer was Eldorado Resorts, which paid Icahn $1.85 billion, then flipped nearly all the physical assets to Gaming & Leisure Properties for $1.2 billion. Not content … Continue reading
Posted in Ameristar, Atlantic City, Carl Icahn, Centaur Gaming, Charity, Dining, Eldorado Resorts, Florida, GLPI, Hard Rock International, Illinois, Indiana, International, Internet gambling, Iowa, Lake Tahoe, Laughlin, Law enforcement, Louisiana, Massachusetts, MGM Mirage, Mississippi, Penn National, Pennsylvania, Regulation, Seminole Tribe, Tropicana Entertainment, Wall Street
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Sands running in Pennsylvania; Zinke inaction irks tribes
Las Vegas Sands is halfway out the door at Sands Bethlehem but that doesn’t mean it doesn’t have any unfinished business, like seeking a five-year extension of its gambling license. CEO Brian Carr flashed some impressive numbers before regulators: $1.5 … Continue reading
Posted in Charity, Columbia Sussex, Foxwoods, Harrah's, Internet gambling, MGM Mirage, Mississippi, Mohegan Sun, Pennsylvania, PokerStars, Politics, Regulation, Sheldon Adelson, Tribal, Unite-Here
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Vegas soccer no sure thing; Scientific Games wins thrice over
A perspicacious gentleman named Steven R. Brown wrote the following on Facebook in response to my reportage of the apparent shelving of Wynn Paradise Park: “Steve Wynn‘s creativity can be outlandish at times (Like his idea back in the early … Continue reading
Posted in Architecture, Arizona, California, Charity, Detroit, Downtown, Environment, Florida, International, MGM Mirage, Missouri, Ohio, Scientific Games, Sports, Steve Wynn, Texas, The Strip, Wynn Resorts
1 Comment
Mandalay Bay victims compensated; Elton John goes nuclear
There is no dollar value adequate for a human life but the going rate this week is $275,000. That’s how much will be donated to the families of each of the 58 people killed at Mandalay Bay. According to WFAA-TV, “$275,000 … Continue reading
Posted in Charity, Entertainment, Golden Gaming, Harrah's, LVCVA, Mandalay Bay Massacre, The Strip, Tribal, Unite-Here
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Quote of the Day
“We’re very proud to be part of the community. That the Nottawaseppi Huron Band of the Potawatomi provides us with the opportunity to give back is phenomenal. Most corporations, most casinos especially, don’t get to do that, and that we are … Continue reading
GLPI picks at Wynn; Indiana players stay home
Gaming & Leisure Properties met with Wall Street analysts this week and it had the future of Wynncore on its mind. “While GLPI remains open to doing Las Vegas asset transactions, they view the risk profile as considerably higher given … Continue reading
Posted in Ameristar, Boyd Gaming, Centaur Gaming, Charity, Economy, Eldorado Resorts, Full House Resorts, GLPI, Harrah's, Indiana, Majestic Star, Mandalay Bay Massacre, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, The Strip, Tribal, Tropicana Entertainment, Wall Street, Wynn Resorts
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Wynn: What’s in a brand?
More than the trouble (and cost) it takes to replace it, experts conclude. Another reason for keeping the founder’s name on Wynn Resorts is one that he would not find flattering: “I think the impact on Wynn Resorts will be short-lived, … Continue reading
Posted in Atlantic City, Charity, Cretins, Donald Trump, Genting, Japan, Marketing, Massachusetts, Politics, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wall Street, Wynn Resorts
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New York-New York boosts thrill quotient; Seminoles play with fire
As rollercoaster rides go, New York-New York‘s is reassuringly tame. Perhaps in recognition of that, MGM Resorts International is going to kick things up a notch with digital augmentation. According to the Los Angeles Times, “The 3½-minute virtual reality experience … Continue reading
