Category Archives: Genting

Oklahoma, tribes ready to talk; Don’t geofence me in

Posted on October 22, 2019 by David McKee

Oct. 28 is the date appointed for Oklahoma gaming tribes to meet with Attorney General Mike Hunter and find out just what Gov. Kevin Stitt (R) wants from them. As one chief put it, “We’re anxiously awaiting what their proposal is.” … Continue reading →

Posted in Caesars Entertainment, Colorado, Dan Lee, DFS, Election, Full House Resorts, G2E, Genting, history, Indiana, Las Vegas Sands, Marketing, MGM Resorts International, Oklahoma, Oregon, Regulation, Sexual misconduct, Singapore, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts | 1 Comment

Big casino bust in Biloxi

Posted on October 8, 2019 by David McKee

In a Mississippi bribery scandal, the crime in question took place—how fittingly—in a lavatory. Four men fessed up to bribing Department of Corrections Commissioner Christopher Epps with casino chips in return for such concessions as inmate phone services, unwittingly highlighting … Continue reading →

Posted in Galaxy Entertainment, Genting, Japan, Las Vegas Sands, Law enforcement, Louisiana, MGM Resorts International, Mississippi | 4 Comments

Dog ate Parx’s homework; Atlantic City Hilton sold … again

Posted on October 2, 2019 by David McKee

Parx Casino is out $1 million after overpaying its taxes and missing the deadline to file for a refund. So says a Pennsylvania judge. Parx had three years to rectify the overpayment and missed the deadline by a whopping six months. … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Colony Capital, G2E, Genting, Greenwood Racing, history, Japan, Mandalay Bay Massacre, MGM Resorts International, Politics, Resort fees, Rush Street Gaming, Security, Singapore, Sports, Sports betting, Taxes, Technology, Wall Street | 3 Comments

Rio sold; Best casinos named

Posted on September 23, 2019 by David McKee

Despite rumors that Caesars Entertainment has sworn off trying to sell The Rio (again), it turns out that the Roman Empire was still shopping the resort. It’s been tentatively sold to “a principal of Imperial Companies” for $516 million. If … Continue reading →

Posted in Alex Meruelo, Atlantic City, Caesars Entertainment, California, Cosmopolitan, Derek Stevens, Dining, Downtown, Eldorado Resorts, Entertainment, Foxwoods, Genting, Golden Gaming, Hard Rock International, Las Vegas Sands, Louisiana, Marketing, Massachusetts, Mississippi, Mohegan Sun, New York, Ocean Resort, Penn National, Reno, Station Casinos, The Strip, Tilman Fertitta, Tribal, TV, World Series of Poker, Wynn Resorts | 1 Comment

Slow News Day, The Sequel

Posted on September 18, 2019 by David McKee

Both Kevin Hart and The Cosmopolitan of Las Vegas are being sued over a sex tape of Hart doing the nasty with actress Monita Sabbag was uploaded onto the Internet. (When in doubt about making a sex tape, don’t.) Hart … Continue reading →

Posted in Cosmopolitan, Genting, Iowa, Mississippi, New York, Oklahoma, Reno, Sexual misconduct, Sports, Sports betting, Transportation, Tribal | Comments Off

Like a Virgin: Mohegan Sun comes to Vegas

Posted on September 17, 2019 by David McKee

It’s official: Mohegan Gaming & Entertainment will be the casino manager of Virgin Hotel Las Vegas. “Aligning the MGE brand with Virgin Hotels Las Vegas extends our growing reach into yet another legendary global entertainment capital. Together with Virgin Hotels, experience seekers all … Continue reading →

Posted in Caesars Entertainment, Charity, Culinary Union, Election, Entertainment, Genting, Hard Rock Hotel, Hard Rock International, International, Mohegan Sun, Problem gambling, Security, Station Casinos, Technology, The Strip, TV | 1 Comment

Terrorism at Trump; Police blotter

Posted on September 5, 2019 by David McKee

Trump International finally made it back into the news, although not in a good way. WSOP player Kenneth Strauss was arrested there on July 27 after allegedly tweeting terroristic threats, among other malfeasances. Strauss’ reign of error began at Red … Continue reading →

Posted in Baseball, Donald Trump, Florida, Genting, Internet gambling, Japan, Las Vegas Sands, Law enforcement, MGM Resorts International, New York, Ohio, Philippines, Sports betting, Station Casinos, The Strip, Vietnam, Wall Street, World Series of Poker | 1 Comment

What if they built a megaresort and nobody came?

Posted on August 20, 2019 by David McKee

Resorts World Catskills made it into the New York Times and not in a good way. A feature story focused on the $1.2 billion megaresort’s financial difficulties, caused in part by nine-figure loans. Empire Resorts says the casino does not … Continue reading →

Posted in Caesars Entertainment, Cambodia, CityCenter, Genting, Internet gambling, Massachusetts, MGM Resorts International, Neil Bluhm, New York, Penn National, Politics, Racinos, Regulation, Rush Street Gaming, Steve Wynn, Taxes, The Strip, Tribal | 2 Comments

Gaming and its discontents

Posted on August 19, 2019 by David McKee

Iowa, Nebraska and Council Bluffs continue to have their collective ass kicked in court by the Ponca Tribe of Nebraska. The latest drubbing occurred in federal district court. The plaintiffs filed motions arguing that, since Judge Stephanie Rose had asked … Continue reading →

Posted in Cambodia, Connecticut, Cordish Co., Foxwoods, Genting, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Mohegan Sun, Money laundering, Nebraska, New York, Penn National, Pennsylvania, Politics, Sheldon Adelson, Sports, Sports betting, Tourism, Transportation, Tribal, Wall Street | 2 Comments

Like a Virgin; Chicago casino kaput?

Posted on August 18, 2019 by David McKee

The soon-to-be-ex Hard Rock Hotel is taking an enormous gamble. Instead of trying to operate during the rebranding-and-renovation phase from which it will emerge as Virgin Las Vegas, it is going to close down completely. You read that right. The … Continue reading →

Posted in Donald Trump, Economy, Genting, Hard Rock Hotel, Illinois, Macau, MGM Resorts International, Nevada, Taxes, Technology, The Strip, Transportation, Wall Street, Wynn Resorts | Comments Off

Rough month in Indiana, rougher in Missouri

Posted on August 12, 2019 by David McKee

Indiana gaming revenues nosed down 3% last month, for a total gross of $181 million. JP Morgan analyst Joseph Greff blames it on adverse weather from Hurricane Barry, plus intensified competition in the Louisville area. Both racinos were revenue-positive, with Hoosier … Continue reading →

Posted in Architecture, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Eldorado Resorts, Entertainment, Environment, Full House Resorts, Genting, Indiana, Kentucky, Massachusetts, MGM Resorts International, Missouri, Penn National, Spectacle Entertainment, The Strip, Tribal, Wynn Resorts | Comments Off

Rock the casbah; The risks of Japan

Posted on August 9, 2019 by David McKee

Although Israel continues to outlaw casinos, undoubtedly to Sheldon Adelson‘s deep regret, the Middle East is pustulent with gaming houses. Yes, the Koran forbids it but that’s hardly stopping anyone. Egypt stands out with roughly 15 casinos, supposedly off-limits to … Continue reading →

Posted in Animals, Atlantic City, Caesars Entertainment, Genting, GLPI, Illinois, Indiana, International, Japan, Las Vegas Sands, Macau, Melco Resorts & Entertainment, Movies, Ohio, Pennsylvania, Scientific Games, Sheldon Adelson, Singapore, Sports betting, Taxes, The Strip, Tourism, Wall Street | 2 Comments

Paging Steve Wynn; Genting mismanages risk

Posted on August 8, 2019 by David McKee

Somebody alert Steve Wynn. The mega-Walgreens at the northwest corner of Las Vegas Boulevard and Sahara Avenue is on the market as a “Once in a Generation High Profile Asset.” OK, the footprint is relatively small but the seller is … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Eldorado Resorts, Genting, GLPI, Illinois, MGM Resorts International, Ohio, Oklahoma, Penn National, Resort fees, Rush Street Gaming, Singapore, Steve Wynn, Taxes, The Strip, Wall Street | 1 Comment

Vegas: The good, the mediocre and the Moulin Rouge

Posted on August 6, 2019 by David McKee

First the good news (for the hospitality industry): Las Vegas hotel occupancy is over 89% and ADRs are $135.23. The relatively bad news is that total visitation will yet again fall short of 2016’s record numbers. The Las Vegas Review-Journal‘s Richard … Continue reading →

Posted in Animals, Genting, Illinois, Konami, Las Vegas Raiders, Moulin Rouge, The Strip, Tourism | Comments Off

Eldorado’s Caesars gamble; Chicago casino not welcomed

Posted on July 29, 2019 by David McKee

For those of you who are beginning to have misgivings about the Eldorado Resorts takeover of Caesars Entertainment, add The Motley Fool‘s Travis Hoium. The latter is almost never wrong, so we pay attention when he writes that “The final … Continue reading →

Posted in Caesars Entertainment, Economy, Eldorado Resorts, Genting, Illinois, New York, Politics, Wall Street | 2 Comments

Encore Boston Harbor opens hot

Posted on July 15, 2019 by David McKee

JP Morgan analyst Joseph Greff has initiated coverage of Massachusetts and his first dispatch is a corker: Encore Boston Harbor generated $17 million in a single, debutant week of play. That includes $9 million of slot revenue. Wynn Resorts execs … Continue reading →

Posted in Atlantic City, Genting, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, Penn National, Pennsylvania, Twin River, Wall Street, Wynn Resorts | Comments Off

Genting’s been working on the railroad; California solons pitch sports betting

Posted on July 3, 2019 by David McKee

Genting Group evidently hasn’t given up on its casino aspirations in south Florida. The company is teaming with BYD Motors of China to propose a monorail between downtown Miami and Miami Beach. Genting owns waterfront real estate in Miami it has … Continue reading →

Posted in Caesars Entertainment, California, Florida, Genting, Japan, Macau, Pokergeddon, Politics, Problem gambling, Security, Sociedade de Jogos de Macau, Sports betting, Technology, The Strip, Tourism, Transportation, Tribal, TV, World Series of Poker, Wynn Resorts | Comments Off

Don’t bet against Sheldon; Encore Boston says ‘Take the T’

Posted on June 18, 2019 by David McKee

Don’t ever accuse Las Vegas Sands of not thinking big. It’s going to the banks for a $5.9 billion loan, primarily for expansion of Marina Bay Sands. That shouldn’t be much of a risk for financiers because nobody makes good … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Genting, Greenwood Racing, history, Internet gambling, Las Vegas Sands, Massachusetts, Penn National, Pennsylvania, Rush Street Gaming, Sheldon Adelson, Singapore, South Korea, Sports betting, Technology, Transportation, Wynn Resorts | Comments Off

Twain returns; Sports betting set for New York

Posted on June 17, 2019 by David McKee

Shania Twain‘s Colosseum residency was one of the shortest in memory but Caesars Entertainment evidently still has confidence in the midriff-baring C&W icon. It’s booked Twain into the cavernous Zappos Theater at Planet Hollywood, starting Dec. 6, although you can … Continue reading →

Posted in Caesars Entertainment, Culinary Union, Derek Stevens, Downtown, Entertainment, Environment, Genting, Internet gambling, Maryland, New York, Politics, Rush Street Gaming, Sports betting, Station Casinos, The Strip, Tribal | Comments Off

Case Bets

Posted on June 14, 2019 by David McKee

* Shares in Australian casino company Star Entertainment tumbled after it disclosed that the U.S./China trade war is impinging on profitability. “The very large VIPs continue to travel but they don’t take as many risks as they have in the … Continue reading →

Posted in Australia, Canada, Economy, Genting, International, Law enforcement, Macau, Mississippi, Mohegan Sun, New Mexico, New York, Penn National, Philippines, Rush Street Gaming, Sports, Sports betting | Comments Off