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Category Archives: Foxwoods
Illinois anemic; MGM flexes pecs in Maryland, Washington, D.C.
Thank God. There is nothing new about Steve Wynn in this morning’s headlines, so we can talk about some good, old-fashioned gambling. Illinois last month saw a 5.5% drop-off for a somewhat anemic gross of $105 million. Foot traffic was … Continue reading
Posted in Atlantic City, Boyd Gaming, Cordish Co., Donald Trump, Economy, Foxwoods, GLPI, Golden Gaming, Harrah's, Illinois, Marketing, Maryland, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Politics, West Virginia
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Case Bets
When Las Vegas casinos sit down with the Culinary Union this year expect wireless “panic buttons” to be on the table. Labor unions have been pushing for these as a means of summoning security when their members are assaulted by … Continue reading
Posted in Culinary Union, DFS, Foxwoods, Harrah's, MGM Mirage, Missouri, Mohegan Sun, Sexual misconduct, Sports, Station Casinos
1 Comment
Pennsylvania towns shun casinos; Macao mobbed up
Mini-casinos are as popular in Pennsylvania as an outbreak of typhus. Some 936 towns have ixnayed the idea of hosting slot parlors in their back yards. Extant casino operators will have to bid at least $7.5 million (and have a site … Continue reading
Posted in Architecture, California, Charity, Churchill Downs, Economy, Foxwoods, Genting, Internet gambling, Law enforcement, LVCVA, Macau, Mandalay Bay Massacre, Maryland, MGM Mirage, Pennsylvania, Regulation, South Korea, Sports, Steve Wynn, Taxes, The Mob, Tourism, Tribal, TV
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Enter the Aces; Dan Gilbert, failure
With a breathtaking lack of imagination, MGM Resorts International has settled upon a new name for its almost-as-equally-new WNBA franchise. It will be called — wait for it, folks — the Las Vegas Aces. At least it wasn’t “Las Vegas … Continue reading
Quote of the Day
“I’m looking for widespread economic development in Bridgeport, not a box of slots, not a casino, but a resort development that will stimulate tourism to your state, activate multiple industries and weave together the already beautiful tapestry of arts, entertainment, … Continue reading
Posted in Foxwoods, MGM Mirage, Mohegan Sun
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Senators have hissy fit; Vegas: Back to normal or not?
With Pennsylvania having joined the roster of Internet-gambling jurisdictions, Sens. Dianne Feinstein (D) and Lindsey Graham (R) are pushing the panic button, hard. In a concession to the reality that the Senate won’t be able to rewrite the Wire Act, … Continue reading
Posted in California, Donald Trump, Economy, Entertainment, Foxwoods, Harrah's, Internet gambling, Japan, Lawrence Ho, Mandalay Bay Massacre, Melco Resorts & Entertainment, MGM Mirage, Mohegan Sun, Nevada, Politics, Steve Wynn, Taxes, The Strip
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Penn, Pinnacle nuptials in the offing; Connecticut sues Trump administration
To absolutely no one’s surprise, Pinnacle Entertainment and Penn National Gaming formally affirmed that they are in merger talks. Among the upsides, Deutsche Bank analyst Carlo Santarelli cites the alleviation of forced asset sale in Pennsylvania, where the number of … Continue reading
This just in …
Eldorado Resorts has pulled out of a planned sale of Isle of Capri Lake Charles to tribally owned Kicks Entertainment. At least one analyst, JP Morgan‘s Daniel Politzer, sees this as a good thing. For starters, Eldorado pockets Kicks’ $20 … Continue reading
Posted in Boyd Gaming, Eldorado Resorts, Foxwoods, Harrah's, Isle of Capri, Louisiana, Mohegan Sun, Penn National, Pinnacle Entertainment, Politics, Regulation, Tribal, Wall Street
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Solons press for Connecticut clarity; Macao mulls casino renewal
Today’s news takes us straight back to Washington, D.C., where Sens. Chris Murphy (D) and Richard Blumenthal (D) are demanding that the Bureau of Indian Affairs get off the fence and clarify its stance regarding the $300 million East Windsor … Continue reading
Posted in Donald Trump, Economy, Election, Entertainment, Foxwoods, Macau, MGM Mirage, Mississippi, Mohegan Sun, Penn National, Pennsylvania, Politics, Regulation, Sociedade de Jogos de Macau, Tourism, Transportation, Tribal
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Stratosphere: Sartini takes charge; Dadaist policy at MGM
“It’s more appreciated now than it was 20 years ago,” says Golden Entertainment CEO Blake Sartini of his new trophy property, the Stratosphere. Boy, is he right (as usual). What used to be called “Stupak’s Stump” or the “Tower of … Continue reading
Posted in Donald Trump, Foxwoods, Golden Gaming, Illinois, Japan, Marijuana, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, The Strip
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Pretlow tackles NY casinos; Zinke paralyzes Connecticut casino
Fearing a plea for tax breaks from New York State‘s three new, underperforming casinos, Assemblyman Gary Pretlow (D) has asked the state auditor to look into why they failed to meet their revenue projections. “It is critically important that we have … Continue reading
Posted in Economy, Foxwoods, MGM Mirage, Mohegan Sun, New York, Politics, Regulation, Tribal
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Smooth talk in Bridgeport; Sands Bethlehem for sale (again)?
“Sharp dressed, smooth talker” Uri Clinton met with Bridgeport residents in an effort to convince them that MGM Resorts International has their best interests at heart in its pursuit of Bridgeport as a casino site. Perhaps naively, Clinton hopes that … Continue reading
Posted in Atlantic City, Downtown Grand, Economy, Foxwoods, Geoff Freeman, Glenn Straub, Internet gambling, MGM Mirage, Mohegan Sun, New York, Pennsylvania, Problem gambling, Regulation, Revel, Sheldon Adelson, Taxes, Tribal, Wall Street
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Trump goes to bat for Adelson; Connecticut tribes on the rise
Japanese Prime Minister Shinzo Abe had never heard of Las Vegas Sands or MGM Resorts International before Donald Trump told him about them last February. Either that or Abe was politely feigning ignorance. (As long as was using his political office … Continue reading
Posted in Donald Trump, Foxwoods, Greenwood Racing, Japan, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Regulation, Sheldon Adelson, Singapore, Taxes, Wall Street
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Freeman goes native; MGM hits a three-pointer
American Gaming Association President Geoff Freeman was in Oklahoma City yesterday to talk up the economic benefits of Native American gaming. While one might be tempted to say they speak for themselves, the AGA rolled out some pretty powerful numbers. … Continue reading
Posted in Alaska, Animals, California, Cosmopolitan, Florida, Foxwoods, George Maloof, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Sports, Texas, The Strip, Tribal, TV
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Hot numbers in August; MGM Cotai postponed
Although visitation to Las Vegas was down 2% in August, room revenues and rates were both up 3% (with a hotel room costing you $125/night on average) and occupancy at 91%. JP Morgan analyst Joseph Greff credited the Floyd Mayweather-Conor McPherson … Continue reading
Posted in Atlantic City, Boulder Strip, Colony Capital, Cosmopolitan, Downtown, Economy, Fontainebleau, Foxwoods, Hard Rock Hotel, International, Lake Tahoe, Laughlin, Macau, MGM Mirage, Mohegan Sun, North Las Vegas, Politics, Problem gambling, Regulation, Reno
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Case Bets
Rock in Rio having been one-and-done for MGM Resorts International, word is that the latter is pursuing the Kaaboo music festival for its mostly vacant outdoor-concert space up on Sahara Avenue. For the moment, Kaboo says it has “no plans” to … Continue reading
Posted in California, Entertainment, Foxwoods, MGM Mirage, Movies, Sheldon Adelson, Technology, The Strip
1 Comment
Trump to bigfoot Connecticut controversy?
Could we see heavy-footed federal intervention in the MGM Resorts International vs. Connecticut tribes slugfest? Bridgeport Mayor Joe Ganim (D) hopes so. A supporter of Donald Trump‘s presidential campaign, he’s hoping the White House will stomp into the Nutmeg State fray, interceding … Continue reading
Posted in DFS, Donald Trump, Economy, Election, Foxwoods, Galaxy Entertainment, Genting, Geoff Freeman, International, Macau, MGM Mirage, Mohegan Sun, Regulation, Singapore, Sports, The Strip
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Palms renovation weighs upon Station; Japan dithers on casinos
Calling Palms renovations “an issue that has been persistent all year and whose magnitude keeps surprising us to the downside,” J.P. Morgan analyst Joseph Greff lowered revenue projections for Station Casinos for the remainder of the year, extending into early … Continue reading
Posted in Dining, Entertainment, Foxwoods, Mohegan Sun, Regulation, Scientific Games, Sports, Station Casinos, Technology, Wall Street
1 Comment
Quote of the Day
“I can’t imagine any scenario in which the tribal nations would agree to open up the compact on those grounds. I can’t imagine entering into an agreement with any entity that would endanger our agreement with the tribal nations.” — Connecticut … Continue reading
Posted in Foxwoods, MGM Mirage, Mohegan Sun, Taxes
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MGM Bridgeport … ?!?; Battle lines drawn in Maine
Poor MGM Springfield. It’s not even finished and MGM Resorts International is already off on a snipe hunt in Connecticut. Like Steve Wynn many years ago, it is proposing a casino for Bridgeport. MGM says it is prepared to invest … Continue reading
Posted in e-sports, Economy, Election, Foxwoods, history, Maine, Marketing, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Politics, Regulation, TV
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