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- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
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- You can’t fix stupid; Good-bad news on the bayou - 56,210 views
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,553 views
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,676 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,094 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,725 views
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Category Archives: Current
Casino codependency, Chris Christie’s cowardice & other Case Bets
It’s too bad Steve Friess isn’t here to write this next story, because it’s right up his alley. What do you do if your big-name headliner badmouths your casino and CEO on opening night? You re-hire him, what else? Like … Continue reading
Jersey voters jeer ‘Net bets; A friend in high places
“We’ve never been this close to Internet gaming. We’ve talked about it for 10 years. And we’re closer than ever to sports betting. It certainly takes New Jersey outside traditional gaming and puts us at the forefront of the initiatives … Continue reading
Posted in Ameristar, Atlantic City, CityCenter, Current, Election, Internet gambling, Massachusetts, Politics, Racinos, Revel, Tourism
2 Comments
Lovemania comes to Cleveland
Looking like death warmed over, Caesars Entertainment CEO Gary Loveman took time from promoting the opening of Horseshoe Cleveland to try and spin the unloading of Harrah’s Maryland Heights as another brilliant masterstroke, rather than more evidence of the shambles … Continue reading
Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Dan Gilbert, Economy, Florida, Harry Reid, Marketing, Maryland, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Wall Street
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Revel: Can’t drive 55?; Another setback in Massachusetts
Revel, the new, $2.4 billion casino on the Boardwalk has been conducting a sort of “stealth opening,” conducting a two-month-plus dry run. Along with the stealth opening come what you might call “stealth revenues”: $13 million-plus in its first full … Continue reading
Beaten in Beantown: Steve Wynn calls it quits
Just like that, another Las Vegas casino heavyweight has hit the canvas in Massachusetts. Election results in Foxborough spelled doom for Steve Wynn‘s proposed resort (below) and neither he nor New England Patriots owner Robert Kraft wasted any time throwing … Continue reading
Posted in Current, Election, Harrah's, Massachusetts, MGM Mirage, Pennsylvania, Racinos, Regulation, Sports, Steve Wynn, Tribal
3 Comments
“It was 20 years ago today …”
Well, not quite. But with the Southern Gaming Summit convening today in Biloxi, it’s as good a moment as any to look back on the quaint beginnings of what’s now a kind of American Riviera. Eleven casinos, 5,598 hotel rooms, … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Columbia Sussex, Current, history, Isle of Capri, Marketing, Mississippi, Tropicana Entertainment
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St. Louis: Penn in, Harrah’s out
A ways back, the news broke that Caesars Entertainment — being well and truly on its uppers — was trying to shop as many as 10 Southern and Midwest casinos. The goal was to raise at least $500 million to … Continue reading
Posted in Ameristar, Atlantic City, Current, Election, Florida, Harrah's, Illinois, International, Iowa, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Tribal, Wall Street
4 Comments
Quote of the Day
“What’s wrong with the prescription of spending cuts as the remedy for Europe’s ills? One answer is that the confidence fairy doesn’t exist — that is, claims that slashing government spending would somehow encourage consumers and businesses to spend more … Continue reading
Posted in Current, Economy, International
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Lies, damned lies and Illinois statistics; SJM: Still hanging in there
If state Rep. Lou Lang (D), the economic Rasputin of the upper Midwest, and his allies in the horsey set were actually conspiring to topple Illinois‘ casino industry in favor of quick-and-dirty racinos, they’ve done it cunningly. Frontal attacks on … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Economy, Harrah's, Horseracing, Illinois, Indiana, Iowa, Macau, MGM Mirage, Missouri, Neil Bluhm, Penn National, Politics, Racinos, Slot routes, Stanley Ho, Wall Street
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Sahara: Devils in the details; Does your mother know?
Barbara De Lollis had better re-cork the champagne. Wall Street Journal coverage of Sam Nazarian‘s much-hyped, $300 million Sahara loan raises grave doubts about the viability of the project, budgeted at $415 million. According to Pulitzer Prize-winning reporter Alexandra Berzon, … Continue reading
Posted in Boyd Gaming, California, CityCenter, Colony Capital, Cordish Co., Current, Economy, Georgia, Harrah's, Harry Reid, International, Maryland, MGM Mirage, Michael Gaughan, Penn National, Phil Ruffin, Planet Hollywood, Sahara, Sheldon Adelson, Station Casinos, Steve Wynn, Tourism, TV, Wall Street
2 Comments
People’s Republic of Steve; Sahara Sam’s big score
Although I was only joking when I suggested that Steve Wynn‘s long-sought Cotai Strip land grant would come in on May Day, some Communist Party bureaucrat wasn’t. After many false alarms, the 51 acres were finally ‘gazetted’ on May 1. … Continue reading
U.S.S. Adelson lost at sea
Sheldon Adelson‘s presidential campaign officially sank today. It was preceded to Davey Jones’ Locker by $21.5 million in Adelson family money (or $10.75 million per primary victory). It’s been a brief voyage but one revelatory of Sheldon’s inner workings. For … Continue reading
Posted in Alex Yemenidjian, Current, Election, Entertainment, Florida, Internet gambling, Macau, Politics, Sheldon Adelson, Singapore, TV
5 Comments
A good start …
Now if only they’d kept on going to the right and taken out Imperial Palace while they were at it.
The biggest losers; The Facebook factor
There’s a new power player in gaming and it’s … Brookfield Asset Management? The Canadian lender is already calling the shots (along with Warner Gaming) at the Hard Rock Hotel & Casino, a $1.5 billion quagmire into which Morgans Hotel … Continue reading
Polished Nugget, burnished Wynn
In what might be called The Era of Deferred Maintenance, Landry’s Restaurants CEO Tilman Fertitta still believes in spending money to make money. That’s why he poured $150 million into the former Trump Marina and, consequently, the Golden Nugget Atlantic … Continue reading
Quote of the Day
“Opinion has become the new truth. And many people who already have opinions see in the ‘news’ an affirmation of the opinion they already had, and that confirms their opinion as fact.” — New York University English professor Mary Poovey, … Continue reading
Posted in Current
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Wall Street to Boyd: “Bleah!”; Blood & Gore
It was a thankless day for Boyd Gaming: It exceeded Wall Street‘s expectations for 1Q12 and stock analysts yawned in the company’s face. Wrote Deutsche Bank‘s Carlo Santarelli, “the fundamental setup … remains tough,” due to a highly competitive locals … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Dennis Gomes, Downtown, Economy, Goldman Sachs, Harrah's, Louisiana, Mississippi, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Wall Street
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Weirdest “Little Whorehouse”
Living in Las Vegas podcasters Scott & Melissa Whitney checked out the Plaza Las Vegas‘ production of The Best Little Whorehouse in Texas are were, to say the least, nonplussed by Amateur Night antics too strange to describe. The bizarrie … Continue reading
Posted in Current, Downtown, Entertainment, Movies, Tamares Group, Technology
1 Comment