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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Election
Poker players 1, Adelson 0; Competition in Maryland gets ugly
For the first time in anyone’s recollection, the Republican Party has dropped its opposition to Internet poker from the election platform. It’s a win for the Poker Players Alliance, which lobbied for the change of heart. This doesn’t mean the … Continue reading
Posted in Cordish Co., Donald Trump, Election, Harrah's, Indiana, Marketing, Maryland, MGM Mirage, Politics, Sheldon Adelson
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Plainridge Park hits the one-year mark; Pennsylvania casinos spurn booze tax
Recording its first anniversary with a reported $160 million in revenue, against projections closer to $300 million, is Penn National Gaming‘s Plainridge Park a dud? Not so fast. The casino reports the highest win/slot/day by far of any casino for … Continue reading
Posted in Atlantic City, Boyd Gaming, Election, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Pennsylvania, PokerStars, Regulation, Revel, Rhode Island, Sheldon Adelson, Steve Wynn, Taxes, Tribal
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Tomato King gets squashed; California, the wild, wild west of gambling
So much for Lawrence Downs Casino & Racing Resort. In a unanimous vote, the Pennsylvania Gaming Control Board decided to drop-kick the casino project, which had already lost the backing of Penn National Gaming, which has racino interests nearby in Ohio. What seems … Continue reading
Posted in California, Dan Gilbert, Election, Geoff Freeman, Law enforcement, Macau, Ohio, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Sports, Tomato King Procacci
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Tribal gaming reaches new high; New concept for Railroad Pass
Last year was the best ever for tribal casinos, up 5% from 2014, coming in just a bit shy of $30 billion. Recent efforts to align tribal and private-sector casino interests come at a time when the tribal sector could … Continue reading
Posted in Architecture, Dubai, Economy, Election, Indiana, Kazuo Okada, Macau, MGM Mirage, Mississippi, Nebraska, Philippines, Regulation, Transportation, Tribal, Tropicana Entertainment
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Strip still catching up; Nevada taking bets on the Olympics
While gaming companies on the Las Vegas Strip are fairly sanguine about 2016, a new report by Alex Bumazhny of Fitch Ratings takes a somewhat gloomier view. For one, he notes that revenue per available room “growth during the recovery … Continue reading
Posted in Arizona, Dan Gilbert, Detroit, Dining, Economy, Election, Geoff Freeman, Macau, Ohio, Penn National, Pennsylvania, Sports, The Strip, Westgate LV
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The card-room hustle; Sheldon, can you spare $6 million?
“In the 16 years we’ve been down there, I’ve paid the city $80.5 million in tax revenue. We saved the city from bankruptcy. We’ve been paying the city payroll including the Police Department for the last 16 years and I don’t … Continue reading
Posted in California, Election, Internet gambling, Iowa, Ohio, Oklahoma, Sheldon Adelson, Taxes, Tribal, Warner Gaming
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Icahn leaves Taj workers nostalgic for Trump; Megaresort proposed for NYC
You can measure the acrimony between Unite-Here Local 54 and Tropicana Entertainment by the fact that striking workers at Trump Taj Mahal are using Donald Trump as a stick with which to beat Carl Icahn. By astutely negotiating a pact … Continue reading
Posted in California, Carl Icahn, Charity, Cordish Co., Cosmopolitan, Donald Trump, Election, Entertainment, Genting, Georgia, Glenn Straub, Harrah's, Horseracing, Illinois, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, New York, Regulation, Revel, Stanley Ho, Tribal, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here
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The meddlesome Adelson; Wynn Palace postponed again
“Essentially, Pechanga and its allies see no reason to compromise, even an inch,” wrote California Online Poker‘s Steve Ruddock of the intractable position of the Pechanga and Agua Caliente tribes, and their anti-PokerStars allies (who include Sheldon Adelson, meddling in … Continue reading
Posted in Arkansas, California, Churchill Downs, Election, Foxwoods, Horseracing, Internet gambling, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Regulation, Scientific Games, Sheldon Adelson, Steve Wynn, Taxes, Technology, Tribal, Wall Street
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NHL makes it official; Isle opens new casino
Fortunately, it looks like we won’t have to worry about our NHL-franchise-to-be playing under a cliched name like “Las Vegas Gamblers.” Says majority owner Bill Foley, speaking of the league, “They’d prefer we don’t go in that direction.” Also, Foley seems … Continue reading
Posted in Donald Trump, Election, Entertainment, Iowa, Isle of Capri, Maryland, MGM Mirage, New York, Rhode Island, Sports, The Mob, The Strip, Westgate LV
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Penn has big plans for Trop; DFS sites feel the heat
High rollers aren’t spending as much as they used to at Penn National Gaming casinos, reports JP Morgan analyst Joseph Greff, after meeting with CEO Tim Wilmott. Overall, Penn says its springtime revenues have been tracking with its expectations. Greff … Continue reading
High-stakes legal challenge in Florida; Free-for-all in New York
A relatively obscure dispute in the Florida panhandle could have huge ramifications for the state’s casino industry. Four years ago, voters in Gadsden County approved slot machines for Gretna Racing, a joint venture of two Tallahassee lobbyists and the Poarch Bank … Continue reading
Posted in Architecture, Atlantic City, Delaware, Economy, Election, Florida, Genting, Harrah's, Horseracing, Internet gambling, MGM Mirage, Nevada, New York, Politics, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, The Strip
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Caesars seeks taxpayer bailout; Sands lawsuit suddenly vanishes
You’ve got to hand it to Caesars Entertainment: It is truly shameless. The company went to the Internal Revenue Service seeking a “a tax-free separation” for REIT-to-be Caesars Entertainment Operating Co., claiming that if it had to pay taxes that … Continue reading
Posted in Arkansas, Election, Harrah's, Internet gambling, New York, Pennsylvania, Politics, Sheldon Adelson, Taxes
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Atlantic City back on death watch?; Money problems at Moulin Rouge
Things are suddenly looking grim for Atlantic City: A new Monmouth University poll shows voters evenly divided on a referendum to end the Boardwalk’s monopoly on casino gambling, an erosion of public support for the resort city. Assessing the situation … Continue reading
Posted in Atlantic City, Downtown, Economy, Election, Environment, Harrah's, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Problem gambling, Regulation, Riviera, Steve Wynn, Tilman Fertitta, Trump Entertainment Resorts
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Straub: Name my casino!; RAWA breathes its last … for now
Glenn Straub has either thrown up his hands over the task of renaming Revel or is feeling the spirit of democracy. Either way, he’s taking suggestions from the Twitterverse as to potential new monikers, with a $10,000 for the winning … Continue reading
Lean April in Las Vegas; Boyd stands pat
April saw mixed fortunes the Las Vegas Strip. Although overall gambling revenue was only up 1.5%, winning percentages tended to favor the house by considerable amounts. For instance, although baccarat players wagered 21% more but house win was up 10%. “While … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Downtown, Economy, Election, Lake Tahoe, Laughlin, Law enforcement, North Las Vegas, Reno, Sports, The Strip, Wall Street
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Dicey casino drive calls it quits; Steve Wynn’s newest mousetrap
Casino speculator Shawn Scott is skulking out of Maine, his attorney having withdrawn an appeal of Superior Court Justice Michaela Murphy’s ruling on the (in)validity of petitions filed by Scott and his sister Lisa, who was bankrolling the referendum drive. … Continue reading
Posted in California, Economy, Election, Encore, Entertainment, Kansas, Law enforcement, Louisiana, Macau, Maine, Massachusetts, Mohegan Sun, Sports, Steve Wynn, Tribal
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Case Bets: California, Florida, Minnesota, Macao
In a dramatic development, the six-tribe coalition that opposed letting PokerStars into California stood aside, clearing the path to unanimous approval by the Assembly Governmental Organization Committee of a bill by state Rep. Adam Gray that would legalize online poker in … Continue reading
Posted in California, Election, Florida, Galaxy Entertainment, history, Horseracing, Internet gambling, Macau, Minnesota, PokerStars, Politics, Taxes, Tribal
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Quote of the Day
“As an institution built on the free discourse of sex, politics and culture, we have been following the question over [Donald] Trump’s endowment since Marco Rubio mocked Trump’s small hands back at the beginning of the year. Unlike other U.S. galleries, the EHM … Continue reading
Posted in Donald Trump, Election, Entertainment
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