Category Archives: Cordish Co.

Why is this man smiling?

Scarcely had Penn National Gaming and Cordish Gaming decided to bury their differences and work together when their party was crashed. Who else could it be but ubiquitous Caesars Entertainment? The company has written a check for $1 million (refundable) … Continue reading

Posted in Atlantic City, Cordish Co., Harrah's, New York, Ohio, Penn National | 1 Comment

Penn, Cordish kiss and make up

Remember when Cordish Gaming and Penn National Gaming were bitter rivals in Maryland (left) and more-cordial ones in Massachusetts? Well, that’s all so yesterday as the two are teaming up to get in on the New York State market. They’ve identified … Continue reading

Posted in Cordish Co., Illinois, Maryland, New York, Penn National, Technology | Comments Off on Penn, Cordish kiss and make up

Belaboring the obvious; Ohio’s growing pains

What is being hailed as a major breakthrough in problem-gambling treatment rests upon some observations that don’t seem to be particularly novel. Disordered gambling is being blamed on the insula area of the brain, crucial to forming emotions. So far, … Continue reading

Posted in Atlantic City, Boyd Gaming, Cordish Co., Dining, Hard Rock International, Harrah's, Maryland, Ohio, Penn National, Problem gambling, Racinos, Regulation, Technology | Comments Off on Belaboring the obvious; Ohio’s growing pains

East Coast Case Bets

Although talks have been conducted in deep secrecy, a few details of Seminole Tribe compact negotiations have been vouchsafed the public. The tribe is telling the state “don’t push us on this,” reminding it that the Bureau of Indian Affairs … Continue reading

Posted in Cordish Co., Harrah's, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Taxes, Tropicana Entertainment | 1 Comment

Incest in Philadelphia and New Jersey

Pennsylvania‘s one-and-one-third rule for casino ownership is playing hob with applications for the state’s final casino license, in Philadelphia. For instance, frontrunner Market 8 would be one-quarter owned by the ubiquitous Ira Lubert, who already owns half of Valley Forge … Continue reading

Posted in Atlantic City, Cordish Co., Don Barden, Greenwood Racing, Iowa, Macau, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Regulation, Revel, Sheldon Adelson, Tomato King Procacci, Tribal, Warner Gaming | Comments Off on Incest in Philadelphia and New Jersey

What’s this thing called ‘Adelaar’?

A tragic saga for the Concord Resort Hotel could have a belated, sort-of happy ending. Empire Resorts and EPR Properties want to build a new, casino-based resort — called Adelaar — on the site. Empire is a stalking horse for … Continue reading

Posted in Cordish Co., Genting, New York, Penn National | Comments Off on What’s this thing called ‘Adelaar’?

Building better mousetraps

Were I Steve Wynn, I would be feeling somewhat discouraged by my prospects in Massachusetts. Just look at what happened to Cordish Gaming. Its Leominster slot-parlor proposal got high marks, but was ultimately passed over because Penn National Gaming‘s rival … Continue reading

Posted in Atlantic City, Cordish Co., Entertainment, Horseracing, Marketing, Massachusetts, Mohegan Sun, Penn National, Reno, Steve Wynn, Technology, Transportation, Warner Gaming | Comments Off on Building better mousetraps

Empire State scramble; Stalemate in Kentucky; Too cozy in Ohio?

Casino expansion continues to speed along in New York State, where college president Mark Gearan (right) has been formally installed as New York State Gaming Commission chairman, filling out the five-member body. Prior to taking office, he was presented with some … Continue reading

Posted in Cordish Co., Downtown, Entertainment, Horseracing, Kentucky, New York, Ohio, Penn National, Politics, Racinos, Regulation, Technology, The Strip | Comments Off on Empire State scramble; Stalemate in Kentucky; Too cozy in Ohio?

Case Bets: Sands, Atlantic City, Maryland, Isle of Capri, Churchill Downs, etc.

Las Vegas Sands lost more top executive talent when Sands Bethworks President Robert DeSalvio handed in his notice. He’ll be at the casino through mid-March but the move seems to have caught Sands off-guard. The latter assured reporters that DeSalvio’s … Continue reading

Posted in Atlantic City, Churchill Downs, Cordish Co., Foxwoods, Harrah's, Horseracing, Illinois, International, Isle of Capri, Kentucky, Louisiana, Maryland, Pennsylvania, Sheldon Adelson, Tilman Fertitta, Wall Street | 1 Comment

Massachusetts: Penn wins

Oh, cruel fate. It looked like that Massachusetts slot parlor was in the bag for Cordish Gaming and the city of Leominster. After all, Massachusetts Gaming Commission Chairman Stephen Crosby had rated the project as “very good,” adding, “Thus our … Continue reading

Posted in Cordish Co., Greenwood Racing, Horseracing, Illinois, Massachusetts, Penn National, Politics, Racinos, Regulation, Rhode Island, Slot routes, Wall Street | Comments Off on Massachusetts: Penn wins

Stupid player tricks & other Case Bets

What do you do if the cops try to bust you for having $115K in phony casino chips (allegedly)? Throw them in the nearest body of water, naturally. “Fortunately for police, the chips floated.” Vuong Q. Truong and wife Rosa A. Nguyen supposedly … Continue reading

Posted in Cordish Co., Cretins, Current, Japan, Lawrence Ho, Macau, Maryland, Melco Crown Entertainment, Mississippi, Penn National, Sheldon Adelson, Stanley Ho | Comments Off on Stupid player tricks & other Case Bets

Revere: Mohegan Sun rising in the east; Dose of reality in New Jersey

Election results are in from Revere, where Suffolk Downs and Mohegan Sun are partnering to build a racino. It wasn’t even close. Casino opponents were heavily outspent and, in the end, heavily outvoted, being crushed in a landslide, 63% to … Continue reading

Posted in Atlantic City, Cordish Co., Current, Economy, Election, Greenwood Racing, Internet gambling, Massachusetts, Mohegan Sun, Penn National, Taxes, Tribal | Comments Off on Revere: Mohegan Sun rising in the east; Dose of reality in New Jersey

Quote of the Day

““As it moves forward, there’ll be no shortage of bad blood, sniping and hired guns. It’ll get ugly because the stakes are so high. People have already spent millions of their own money.” — John D. Sabini, former chairman of the … Continue reading

Posted in Cordish Co., New York, Penn National | Comments Off on Quote of the Day

Penn, Cordish ready to rumble in Massachusetts, New York

It seems just yesterday that applicants for slot parlor licensees were kicking the tires in Massachusetts and that Suffolk Downs threw its hat into the racino ring. And here we are today, with the Massachusetts Gaming Commission beginning deliberations on … Continue reading

Posted in Architecture, Cordish Co., Massachusetts, Mohegan Sun, New York, Penn National, Politics, Racinos, Regulation | Comments Off on Penn, Cordish ready to rumble in Massachusetts, New York

Nugget strikes gold; Hailing Caesars

One casino’s misery is another’s good fortune. The Golden Nugget in Atlantic City says it’s being swamped with new business ever since Caesars Entertainment and Tropicana Entertainment conspired to the euthanize the Atlantic Club. According to General Manager Tom Pohlman, … Continue reading

Posted in Architecture, Atlantic City, Cordish Co., Delaware, Downtown, Economy, Harrah's, Internet gambling, Maryland, MGM Mirage, Taxes, The Strip, Tilman Fertitta, Tropicana Entertainment | 1 Comment

Wild, wild East

In the absence of a strong regulatory apparatus, Maryland Live, at Arundel Mills, is taking matters into its own hands. A 200-strong security force and a Batcave of surveillance technology search for the slightest nuance of untoward conduct. “A number of … Continue reading

Posted in Atlantic City, Cordish Co., Economy, Japan, Maryland, Sheldon Adelson, Technology | Comments Off on Wild, wild East

A vote for Leominster; Lopsided race at Suffolk Downs

Describing Leominster as “highly self-contained,” Innovation Group has recommended it for Massachusetts‘ lone slot license. While it may have been independently commissioned by the North Central Massachusetts Chamber of Commerce, the contents of the study will be music to the ears … Continue reading

Posted in Cordish Co., Economy, Election, Greenwood Racing, Massachusetts, Mohegan Sun, Penn National | 1 Comment

Foxwoods on the clock; Japan, land of opportunity

Foxwoods Massachusetts has most of what it needs: money, civic support, a name brand. But it doesn’t have a site. Foxwoods and Fall River have given themselves 30 days to remedy that, a tight timespan, further complicated by the likelihood … Continue reading

Posted in Cordish Co., Foxwoods, Japan, Maryland, Massachusetts, Pennsylvania, Problem gambling | Comments Off on Foxwoods on the clock; Japan, land of opportunity

A fistful of intangibles

A produce warehouse and a fistful intangibles. That’s what Joseph “Tomato King” Procacci says will enable him to get his casino proposal up and running six months ahead of any rival bidder. Touting his ‘juice’ in the community, the Tomato … Continue reading

Posted in Architecture, Cordish Co., Cosmopolitan, Greenwood Racing, Massachusetts, Mohegan Sun, Regulation, Tomato King Procacci, Tribal | 1 Comment

Another thousand slot machines

Penn National Gaming — sort of a “favorite son” candidate for a Philadelphia casino — is first up in presentations to the Pennsylvania Gaming Control Board for the fifth Philly-area casino license. Bart Blatstein‘s and Isle of Capri Casinos‘ $700 … Continue reading

Posted in Cordish Co., Economy, Greenwood Racing, Isle of Capri, Penn National, Pennsylvania, Regulation, Tomato King Procacci | 2 Comments