Category Archives: Foxwoods

Hoosier stasis; Last-minute scramble in Connecticut

Posted on November 9, 2015 by David McKee

Gaming revenues in Indiana were even with 2014 last month, as Hoosier State casinos pulled in $186 million. Foot traffic was down 9% and per-player spend rose 11%. So you’ve got fewer but bigger-spending gamblers: Is that a good thing or not? … Continue reading →

Posted in Boyd Gaming, Foxwoods, Full House Resorts, Harrah's, Indiana, Mohegan Sun, Ohio, Penn National, Pinnacle Entertainment, Racinos | Comments Off

The (Nathan) Deal they can’t refuse; Decision time in Connecticut

Posted on November 3, 2015 by David McKee

Casino companies like to complain about high taxation … unless they’re trying to get into a jurisdiction, in which case they’ll agree to anything. In Georgia, they’ve upped the ante from a proposed 12% tax rate to 20%. It’s not … Continue reading →

Posted in Foxwoods, Georgia, Massachusetts, Mesquite, MGM Mirage, Mohegan Sun, Politics, Sheldon Adelson, Taxes, Tribal, Uncategorized | 2 Comments

Murren: Mission to Massachusetts

Posted on November 2, 2015 by David McKee

Hot on the heels of announcing a REIT conversion of MGM Resorts International and a boffo 3Q15, CEO Jim Murren sped out to Massachusetts to calm the waters in Springfield, where MGM’s serial reductions of its casino plan have stirred … Continue reading →

Posted in Architecture, Economy, Foxwoods, Internet gambling, Lake Tahoe, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Reno, Wall Street | Comments Off

Harrah’s auction scrapped; Airport casino nixed

Posted on October 28, 2015 by David McKee

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 | Comments Off

DFS banned in Nevada

Posted on October 16, 2015 by David McKee

Well … not exactly, but the roof came crashing in for DraftKings, FanDuel and their ilk yesterday when the Nevada Gaming Commission sent them a cease-and-desist order, instructing that daily fantasy sports pools quit taking action from Nevada-based players until … Continue reading →

Posted in Foxwoods, Massachusetts, Mohegan Sun, Penn National, Regulation, Sports | Comments Off

Doubling down on Philadelphia; Baltimore throws a Horseshoe

Posted on October 7, 2015 by David McKee

Cordish Gaming got the go-ahead to start building its Packer Avenue casino in Philadelphia. The news came on the same as a bulletin that should give Cordish pause, with SugarHouse casino reporting a 4% drop in slot revenues. Given the … Continue reading →

Posted in Cordish Co., Foxwoods, Greenwood Racing, Harrah's, Maryland, Mohegan Sun, Neil Bluhm, Pennsylvania, Tribal | Comments Off

Shocker from Sheldon; Massachusetts on horns of a dilemma

Posted on September 29, 2015 by David McKee

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 | 1 Comment

Boston offers Wynn olive branch; MGM played for a sucker in Springfield?

Posted on September 25, 2015 by David McKee

Could the war of words between Steve Wynn and Boston Mayor Martin “McCheese” Walsh soon be coming to an end? Wynn, who last month declared himself finished with an “obviously irresponsible” Walsh, had a phone chat with McCheese to discuss … Continue reading →

Posted in Election, Foxwoods, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Steve Wynn, Taxes, The Strip, Transportation | Comments Off

MGM lashes out; Doldrums in Louisiana

Posted on September 18, 2015 by David McKee

It took a while but MGM Resorts International is pushing back against Connecticut‘s attempts to build a satellite version of its tribal casinos, to interdict gamblers who might otherwise play at MGM Grand Springfield. Although he didn’t hint at litigation … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Columbia Sussex, Foxwoods, GLPI, Harrah's, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, Pinnacle Entertainment, Tilman Fertitta, Tropicana Entertainment | 2 Comments

A lesson from Ohio; Murren goes to Georgia; Big changes at Sands

Posted on September 16, 2015 by David McKee

Two years ago, Ohio was grappling with what J.P. Morgan analysts called “a sluggish ramp” for its casino industry. He may have been against casinos before he was for them but Gov. John Kasich‘s supersized version of predecessor Ted Strickland‘s … Continue reading →

Posted in CityCenter, Economy, Election, Foxwoods, Galaxy Entertainment, Geoff Freeman, Georgia, Harrah's, Horseracing, Isle of Capri, M Resort, Macau, Massachusetts, MGM Mirage, Midnight Jim Gibbons, Mohegan Sun, Ohio, Penn National, Politics, Problem gambling, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street | Comments Off

Bluhm restless in Massachusetts; Adelson’s latest innovation

Posted on September 10, 2015 by David McKee

Few regulatory bodies move as slothfully as the Massachusetts Gaming Commission and it’s got one would-be developer, Neil Bluhm, kind of antsy. “I’ve got other things to do,” he told the Boston Globe, adding, “Do I want to be here? Yes. … Continue reading →

Posted in Entertainment, Foxwoods, Genting, Harrah's, Massachusetts, Mohegan Sun, Neil Bluhm, Planet Hollywood, Regulation, Sheldon Adelson, Singapore, Taxes, The Strip, Tribal | 1 Comment

Shocker in Massachusetts; Successes and setbacks for Penn

Posted on July 27, 2015 by David McKee

In a stunning reversal of fortune, KG Urban Enterprises has ditched its $650 million New Bedford casino project, citing financial difficulties. This ends seven years of grinding effort to gain civic acceptance, which culminated in a landslide electoral victory earlier … Continue reading →

Posted in Election, Environment, Florida, Foxwoods, GLPI, Illinois, Internet gambling, Maine, Massachusetts, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Regulation, Scientific Games, Steve Wynn, Taxes, Tribal, Wall Street | Comments Off

Doubts pervade Massachusetts; California casino resurrected

Posted on July 21, 2015 by David McKee

A recent article in the Las Vegas Review-Journal poked fun at Massachusetts‘ nascent casino industry and at Penn National Gaming‘s Plainridge Park in particular. All that schadenfreude may not have been gratuitous after all, in view of the gloom presently … Continue reading →

Posted in California, Environment, Foxwoods, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Rhode Island, Steve Wynn, Taxes, Tribal | Comments Off

MGM challenged in Connecticut, praised in Maryland

Posted on July 20, 2015 by David McKee

Connecticut‘s gaming tribes are confident they can beat MGM Springfield to the punch by a wide margin. How wide depends on whether they’re able to use a repurposed building (in which case we could be talking about the end of … Continue reading →

Posted in Economy, Foxwoods, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Wall Street | Comments Off

The lion grumbles; Is Alabama casino-ready?

Posted on July 16, 2015 by David McKee

MGM Resorts International is not going to sit idly by while the State of Connecticut tries to horn in on MGM Springfield‘s business. MGM President William Hornbuckle said the company was “not going to go peacefully” but would not give … Continue reading →

Posted in Alabama, Atlantic City, Foxwoods, Iowa, Macau, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Singapore, Steve Wynn, Taxes, The Strip, Warner Gaming | Comments Off

MGM goes to Atlanta; Pechanga named #1

Posted on July 2, 2015 by David McKee

Instead of waiting for an incremental creep of acceptance of gambling in Georgia, MGM Resorts International is taking the bull by the horns. While it says that it is in the “very preliminary” stages of proposing a casino for Atlanta, … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, California, Economy, Foxwoods, Georgia, Hard Rock Hotel, Harrah's, Indiana, Internet gambling, Louisiana, MGM Mirage, Mississippi, Mohegan Sun, Neil Bluhm, New York, Pinnacle Entertainment, Politics, Sheldon Adelson, Station Casinos, Technology, The Strip, Tourism, Tribal | Comments Off

Reprieve for Dotty’s; Straub changes course again

Posted on July 2, 2015 by David McKee

By one vote, Dotty’s eked out a four-month grace period while the Las Vegas City Council ponders whether or not to lower the boom on the newest in this mammoth chain of slot parlors and taverns. Known for its homey, … Continue reading →

Posted in Arizona, Atlantic City, Carl Icahn, Dotty's, Foxwoods, Glenn Straub, Laughlin, Massachusetts, Regulation, Tribal, Trump Entertainment Resorts | Comments Off

Election wins for Foxwoods, Golden Gaming; New boss at Beau Rivage

Posted on June 24, 2015 by David McKee

Almost lost in the excitement over the opening of Plainridge Park, in Plainview, is a little-reported event: New Bedford‘s vote on casino host-community status. To say that KG Urban Enterprises won is rather an understatement. It garnered 73% of votes cast, … Continue reading →

Posted in Current, Election, Foxwoods, Golden Gaming, Harrah's, Lyle Berman, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Ohio, Penn National, Racinos, Regulation, Steve Wynn, Wall Street | Comments Off

Mohegans, Foxwoods get go-ahead; More trouble for Caesars

Posted on June 1, 2015 by David McKee

Driven by apocalyptic job-loss projections by Foxwoods Casino Resort and Mohegan Sun, the House of Representatives of Connecticut passed a casino bill to Gov. Dannel Malloy (D) for his signature. The bill doesn’t authorize a casino per se but rather … Continue reading →

Posted in Atlantic City, Economy, Foxwoods, Glenn Straub, Harrah's, International, Internet gambling, Lake Tahoe, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Steve Wynn, Technology, The Strip, Trump Entertainment Resorts, Warner Gaming | Comments Off

Penn “upbeat” about future; Connecticut tribes closer to new casino

Posted on May 20, 2015 by David McKee

Penn National Gaming CEO Tim Wilmott recently broke bread with J.P. Morgan analyst Joseph Greff, who found Penn management “positive and primarily focused on PENN’s robust development pipeline,” which it thinks will produce improved cash flow even before the Tropicana … Continue reading →

Posted in Alex Yemenidjian, California, Florida, Foxwoods, Hard Rock International, Harrah's, Massachusetts, Mohegan Sun, Penn National, Racinos, Rhode Island, Station Casinos, The Strip, Tribal, Wall Street | Comments Off