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Category Archives: Florida
Quote of the Day
“Right off, the proposal set off a howl of opposition from legislators against any deal that might be seen as ‘an expansion of gambling.’ (As if there’s some moral difference between, say, Floridians losing money while playing the electronic virtual … Continue reading
Quote of the Day
“I don’t think there’s a single person that, no matter how you craft this bill, is going to be 100 percent happy with it. I think the question they’re going to have to ask themselves is, ‘Can I live with the … Continue reading
Posted in Florida, Politics, Seminole Tribe
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Florida compact decried; Reprieve for Atlantic City?
Despite being at the epicenter of Florida‘s gaming industry, the Miami Herald has come out against Gov. Rick Scott‘s compact with the Seminole Tribe, wringing its hands and seeing a slot machine under every bed. “This is a major expansion … Continue reading
Posted in Atlantic City, Election, Florida, Massachusetts, Neil Bluhm, New York, Penn National, Politics, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, Tribal
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‘Jubilee’ axed; DFS banned and reprieved
It was probably a mercy to Ffolliott “Fluff” LeCoque that the Las Vegas showbiz legend died two days before Caesars Entertainment buried a dagger in the heart of Jubilee. LeCoque had been part of the original cast and went on to … Continue reading
No misery in Missouri; Packer’s Vegas venture in question
November was a tranquil month for Missouri casinos, exemplified by Penn National Gaming‘s Argosy Riverside, in Kansas City, dead even with last year. Statewide, foot traffic was down 5% and spending up 6%, particularly at table games, where winnings rose … Continue reading
Racinos under siege in Texas; Seminole compact no sure bet
Texas Gov. Greg Abbott (R) wanted the Texas Racing Commission to repeal its approval of ‘historical racing’ at Lone Star State tracks. Rather than put it on the agenda, commission Chairman Robert Schmidt handed in his gavel, exchanging the chairmanship … Continue reading
Posted in Florida, Hard Rock International, Horseracing, Massachusetts, Penn National, Politics, Racinos, Seminole Tribe, Taxes, Technology, Texas, Tribal
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DFS sued again; Penn disappoints, MGM excels
A Florida attorney seems to have found the soft underbelly of the daily fantasy sports industry: its investors. Ervin Gonzales, representing two Sunshine State punters, has filed a class-action lawsuit that names among its defendants all the major sporting leagues, … Continue reading
Posted in Florida, Internet gambling, Law enforcement, Massachusetts, MGM Mirage, Penn National, Regulation, Sports
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Rick Scott screws the Seminoles; Internet gaming advances in Pennsylvania
By the this point in time it’s pretty clear that Florida Gov. Rick Scott (R) has been negotiating in bad faith with the Seminole Tribe. He’s had five years to come up with a new compact regarding the tribe’s blackjack … Continue reading
Posted in Florida, Internet gambling, Macau, Pennsylvania, Regulation, Seminole Tribe, Steve Wynn
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New blows to Adelson, SLS; Seminoles’ air war
Ex-Sands China CEO Steven Jacobs‘ wrongful-termination case will still proceed under the gavel of Judge Elizabeth Gonzalez. The Nevada Supreme Court, in an unpublished opinion, reaffirmed Gonzalez’s standing in the case and also ordered Las Vegas Sands to pony up … Continue reading
Posted in Florida, Indiana, Internet gambling, Macau, Politics, Regulation, Sam Nazarian, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Taxes, The Strip, TV
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Harrah’s auction scrapped; Airport casino nixed
Almost nobody wants the defunct remnants of Harrah’s Tunica Casino. Owner Caesars Entertainment has scratched a planned auction of the property because nobody except stalking horse TJM Properties has shown an interest in the building. TJM specializes in senior-living facilities. … Continue reading
Posted in Florida, Foxwoods, Harrah's, Marketing, Mississippi, Mohegan Sun, Politics, Scientific Games, Seminole Tribe, Taxes, Tribal
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Seminole resolution in sight?; Murren called on the carpet
Florida‘s Seminole Tribe is pursuing a two-track policy in the court of public opinion. On the one hand, it has announced “significant progress” in its talks with lawmakers and Gov. Rick Scott (R, left). On the other hand, it is … Continue reading
Posted in Florida, Massachusetts, MGM Mirage, Mississippi, Pennsylvania, Politics, Racinos, Seminole Tribe, Taxes, Transportation, Tribal
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Bad week for DFS
“What it’s doing is calling fantasy sports what it is. Do you pay money to get into the contest, and do you get money back when you win? And if so, that’s gambling.” So says South Point attorney Barry Leibermann of … Continue reading
Posted in Atlantic City, California, Colorado, Delaware, Florida, Georgia, Illinois, Internet gambling, Kansas, Maryland, Massachusetts, Michael Gaughan, Mississippi, New York, Ohio, Politics, Technology
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Adelson crashes MGM’s party; More trouble for DFS
Sheldon Adelson has a genius for sucking the air out of whatever room he enters. After MGM Resorts International laid the groundwork for a casino debate in Georgia, offering to invest $1 billion in an Atlanta pleasure palace, Adelson has … Continue reading
Posted in Boyd Gaming, Donald Trump, Economy, Election, Florida, Georgia, International, Internet gambling, Kansas, Macau, Maryland, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Singapore, The Strip
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Station goes public; Florida compact near?
Having tried and failed to grow the company through an LBO, Station Casinos is returning to the public markets again, citing “favorable economic and market fundamentals” in support of an IPO. An executive shakeup that included the promotion of Rich Haskins … Continue reading
Posted in Atlantic City, Boyd Gaming, Economy, Florida, Fontainebleau, Horseracing, Internet gambling, New York, Pennsylvania, Politics, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Station Casinos, Steve Wynn, Wall Street
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Adelson finds his man
Marco Rubio could be justthisclose to a Sheldon Adelson endorsement. When Rubio was in Las Vegas last week, playing counterpoint to Donald Trump, he had a meeting with Adelson that “had an air of importance” according to Politico.com. Should Adelson … Continue reading
MGM reassures Springfield; New gig for Loveman
MGM Resorts International President William Hornbuckle‘s promptly arranged visit to Springfield took on the nature of a damage-control effort yesterday. Hornbuckle made an unequivocal commitment to the city, saying, “We have not gone anywhere, we will not go anywhere and we … Continue reading
Posted in Boyd Gaming, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Technology
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MGM sends emissary to Springfield; Florida tribe takes a loss
Undoubtedly realizing that it laid a public-relations egg with its scaled-down redesign of MGM Springfield, parent company MGM Resorts International is sending President William Hornbuckle to Springfield to mend fences with Mayor Domenic Sarno. Actually, Sarno has been in MGM’s … Continue reading
Posted in Architecture, Economy, Florida, Massachusetts, MGM Mirage, Penn National, Regulation, Steve Wynn, Tribal, Wall Street
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Shocker from Sheldon; Massachusetts on horns of a dilemma
After a half-dozen years of banging its head on the door of the Florida Legislature, a frustrated Las Vegas Sands is calling it quits in the Sunshine State. Despite having poured millions of dollars into the Florida GOP and its … Continue reading
Posted in Florida, Foxwoods, Georgia, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Tribal
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Big players accentuate the positive
Deutsche Bank analyst Carlo Santarelli has been a busy man these past few days, meeting with the top companies in gaming. In no special order … Boyd Gaming took the usual line on REIT conversion and acquisitions, basically saying, “If … Continue reading
Posted in Ameristar, Boyd Gaming, Colorado, Downtown, Economy, Florida, GLPI, Illinois, International, Isle of Capri, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Penn National, Pinnacle Entertainment, Sports, Steve Wynn, Texas, The Strip, Tilman Fertitta, Wall Street
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Water, water everywhere at Revel
Glenn Straub has a new problem at Revel: water. Oh, he doesn’t lack for it. There’s standing water in Revel’s 47 stories of pipes. But what if cold temperatures come and Straub hasn’t gained control of ACR Energy Partners‘ heating … Continue reading
Posted in Atlantic City, Boulder Strip, Donald Trump, Election, Florida, Glenn Straub, MGM Mirage, Regulation, Revel
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