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Category Archives: Election
Slot routes feel Sisolak’s wrath
Even after they were ordered to enforce mask-wearing or else, some casinos continue to flout the rules. Clark County conducted 1,600 inspections and found deficiencies at Silverton, an absence of social distancing at the Aria pool and no effort being … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Dining, Eldorado Resorts, Election, Golden Nugget, Indiana, Internet gambling, Las Vegas Sands, MGM Resorts International, Nevada, New Jersey, Ocean Resort, Regulation, Silverton, Slot routes, Sports betting, The Strip, Tribal, Unite-Here
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Casino scandal in D.C.
Massachusetts‘ Mashpee Wampanoag tribe continues to fight on against a Trump administration decertification of their status, in a case that’s sticking to the White House like a tar baby. Whose market share would be most impinged by a Mashpee casino? … 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
1 Comment
Strip clocked, locals stronger; Montana reopens first
Nevada casinos won $618 million in a Covid-19-truncated March, with the Las Vegas Strip leading the plunge with a 46% fall to $300 million. Las Vegas locals play was remarkably strong under the circumstances, down only 20.5%, although that number may … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Donald Trump, Downtown, Economy, Election, Golden Gaming, Health, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Nevada, North Las Vegas, Penn National, Pennsylvania, Reno, The Strip, Wall Street, Wendover, William Hill
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Boyd sacks workforce; Political wagering in West Virginia
Job cuts continue at Las Vegas casinos. Boyd Gaming employees are out of jobs starting tomorrow, although health benefits will continue through June 30. For a company that’s sitting on as much cash as Boyd, that’s a strange move. Boyd’s … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, Canada, Charity, Cirque du Soleil, Cosmopolitan, DraftKings, Election, FanDuel, Health, MGM Resorts International, Michigan, Sports, Sports betting, Technology, The Rio, Tourism, Tribal, TV, Wall Street, West Virginia, World Series of Poker
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Sanders enters casino fray; MGM execs play the market
Sen. Bernie Sanders (I), perhaps in a move to reinvigorate his comatose presidential campaign, has waded into the dispute between the Trump administration and the Mashpee Wampanoag. The origin of the tribe’s newly dissolved, 321-acre reservation is clouded by tribal recognition during … Continue reading
Casinos in survival mode; Sports betting in Cali in peril
After this week’s stimulus vote in the U.S. Congress, the casino industry would seem to have ducked a bullet. But, depending on how much financial aid it can draw down, the question lingers over whether any operators will have to file … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, Charity, Colorado, Economy, Election, Foxwoods, Full House Resorts, Golden Gaming, Health, Horseracing, Indiana, International, Internet gambling, Las Vegas Sands, Louisiana, MGM Resorts International, Mohegan Sun, Nevada, Oklahoma, Penn National, Problem gambling, Regulation, Sports betting, Station Casinos, Tourism, Transportation, Tribal, Wall Street, Wynn Resorts
1 Comment
Under the Boardwalk; Premature panic in Virginia
New Jersey Gov. Phil Murphy (D) is taking the long view on casino closures—as in, what happens if they last two months? He’s measuring the negative economic impact at $1.1 billion. According to The Press of Atlantic City, “That figure encompasses … Continue reading
The cost of not doing business
Saying “This is not the time to look for loopholes,” Nevada Gov. Steve Sisolak (D) doubled down on his quarantine order, threatening nonessential business that remain in business in defiance of his directive (and there have been some) to close … Continue reading
Posted in Boyd Gaming, Churchill Downs, Cirque du Soleil, Dining, Downtown, DraftKings, Economy, Election, Entertainment, Florida, Golden Gaming, Health, Internet gambling, Las Vegas Sands, Macau, Penn National, Pennsylvania, Seminole Tribe, Station Casinos, TV, Wall Street, Wynn Resorts
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Notes in the time of Coronavirus
Saying her city “cannot survive” a month-long shutdown, Las Vegas Mayor Carolyn Goodman (D) wants Gov. Steve Sisolak (D) to drastically reduce his 30-day casino closure. We admire Goodman normally but think she’s out of her depth here or, as … Continue reading
Posted in AGA, Caesars Entertainment, Conventions, Cretins, Economy, Election, Genting, Horseracing, International, Las Vegas Raiders, Nevada, New York, Sports, Sports betting, Technology, The Strip, Tourism, Tribal, Wall Street, Washington State
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Tough times return to Atlantic City; KY Derby delayed
As we saw earlier today, Las Vegas and Reno are pretty badly screwed for at least the next month. What about perennial problem child/comeback kid Atlantic City? Just when it’s back on its feet and roaring again, along comes Coronavirus … Continue reading
Posted in AGA, Atlantic City, California, Dining, Economy, Election, Health, Horseracing, Internet gambling, Kentucky, Macau, Maryland, MGM Resorts International, New York, North Carolina, Regulation, South Carolina, Sports betting, Taxes, Tilman Fertitta, Tourism, Tribal, TV, Wall Street, Washington State
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Las Vegas is closed
America‘s favorite 24-hour town has finally caved to the inevitable and done what neither Sept. 11 nor the Great Recession made it do. It has turned out the lights and hung the “Closed for business” sign in the window. Finally … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, Canada, Cosmopolitan, Culinary Union, Dining, Downtown, Economy, Election, Golden Gaming, Health, Illinois, Las Vegas Sands, MGM Resorts International, Nevada, Phil Ruffin, Real Estate, Regulation, Station Casinos, Steve Wynn, The Strip, Tourism, Transportation, Wall Street, Wynn Resorts
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Bad news for Golden Knights, MGM; Lady Gaga honored
T-Mobile Arena is going to be a lot quieter now that the National Hockey League has suspended its season indefinitely. It is leaving the door open to eventual resumption of play, asking constituent arenas to keep ice time available through … Continue reading
Posted in Animals, Donald Trump, Election, Entertainment, Health, MGM Resorts International, Sports, The Strip, Tourism
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Vegas vs. virus; Tribe puts $1 billion on table
Las Vegas is 20,000 attendees poorer now that Adobe Summit 2020 has pulled the plug on its convention. Although Sin City has been spared from coronavirus fears so far, withdrawals of this magnitude are at least as bad as a … Continue reading
Posted in Alabama, China, Churchill Downs, Conventions, Donald Trump, Election, Health, International, Lotteries, Massachusetts, MGM Resorts International, Real Estate, Taxes, The Strip, Tribal
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Massachusetts’ Daddy Warbucks; Ghoulish new Flamingo show
Neil Bluhm doesn’t have an office in Massachusetts. Nor any employees. But Rush Street Gaming‘s Bay State affiliate spent the second-highest amount on lobbying last year. That’d be 662 dimes lavished on the pursuit of the state’s elusive, final casino … Continue reading
Posted in Architecture, Caesars Entertainment, California, Economy, Election, Entertainment, Health, history, Lotteries, Marketing, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Regulation, Resorts World LV, The Strip, TV
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Gaming exempt from Wall Street love; Harry-come-lately
Gaming stocks responded indifferently to yesterday’s Wall Street rally. Wynn Resorts was up and down but ultimately flat, MGM Resorts International ticked up 2%, Las Vegas Sands was flat and Melco Resorts & Entertainment slipped a percentage point. So much … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, China, Churchill Downs, Conventions, Dining, Donald Trump, Economy, Eldorado Resorts, Election, Entertainment, Harry Reid, Health, Japan, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Oregon, South Korea, Station Casinos, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts
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Politics as unusual; Macao stocks ailing
A pro-casino group in Pope County, Arkansas, may have committed an electoral no-no. Pope County Majority is accused of making in-kind contributions to two candidates and of making political endorsements, in effect becoming a PAC. PCM, which is trying to … Continue reading
Posted in Arkansas, Caesars Entertainment, Economy, Election, Health, Las Vegas Sands, Macau, MGM Resorts International, Politics, Regulation, The Strip, Virginia, Wall Street, Wynn Resorts
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Reeg savages Caesars; Catskills rescue plan
Having rashly committed $500 million in reinvestments to the Louisiana market (he’ll have to build whole new casinos to spend that much), Eldorado Resorts CEO Tom Reeg has to make those forfeited savings back somewhere. Potential sales of Caesars Entertainment‘s … Continue reading
Posted in Alaska, Animals, Caesars Entertainment, Conventions, Donald Trump, Economy, Eldorado Resorts, Election, Entertainment, Foxwoods, Genting, Internet gambling, Japan, Las Vegas Sands, Lotteries, Louisiana, Marketing, Massachusetts, New Jersey, New York, Planet Hollywood, Resorts World LV, Sexual misconduct, Sports betting, The Rio, The Strip
1 Comment
“Empty gesture” in Macao; Big deals for Scientific, Hill
Casinos may have reopened in Macao but coronavirus cannot be so easily wished away. Fears of its spread hit U.S. stock markets hard, with the Dow Jones tumbling 840 points, ceding all 2020 gains. Overseas bourses are taking it hard, too, … Continue reading
Posted in Alabama, Arizona, Atlantic City, China, Culinary Union, Economy, Election, Galaxy Entertainment, Genting, Health, International, Internet gambling, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mississippi, Nevada, New Jersey, Oklahoma, Pennsylvania, Scientific Games, Singapore, Sociedade de Jogos de Macau, Sports, Sports betting, Taxes, Tilman Fertitta, Tourism, Tribal, Wall Street, William Hill, Wynn Resorts
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Quickie caucus summary
Winner: Medicare for All. As reported in the Boston Globe, “As [Sen. Bernie] Sanders piled up wins at precincts inside casinos up and down the Las Vegas Strip, it seemed clear that he had overcome deep opposition from the leadership … Continue reading
Posted in Culinary Union, Election, Harry Reid, Politics, The Strip
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