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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Genting
Casinos, DFS wrangle in Massachusetts; Harrah’s wins in Louisiana
Debate over sports betting in Massachusetts has brought out a ruction between Boston-based DraftKings, representing the forces of online gambling, and brick-and-mortar casinos, which want to be the sole purveyors of Internet sports bets, with maybe five to seven ‘skins’ … Continue reading
Posted in Caesars Entertainment, Churchill Downs, DFS, Entertainment, Genting, Internet gambling, Las Vegas Sands, Law enforcement, Louisiana, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Phil Ruffin, Politics, Problem gambling, Rhode Island, Sports, Sports betting, Taxes, The Strip
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Encore firms up opening date; Bionic money
Global Gaming Business has revealed that Wynn Resorts was so desperate to exit Everett it even held talks with Boston Red Sox owner John Henry to bail it out from the megaresort. Even if the Massachusetts Gaming Commission approved that arrangement (a long … Continue reading
Posted in Baseball, Dan Gilbert, Detroit, Foxwoods, G2E, Genting, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Sports betting, Technology, The Strip, TV, Wall Street, Wynn Resorts
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Tribe trumps Trump; Rockford pleads for casino
Despite being thrown off the fast-track legislative calendar by a blast of hot air from Donald Trump, a bill to restore land-in-trust status to the Mashpee Wampanoags has sailed through the House of Representatives, 257-146 in a bipartisan win. “Without support … Continue reading
MGM, Adelson tussle for Japan; Wynn pouts over fine
Everybody wants to be in Osaka, now that it’s open for casino development and the Osakanese government strongly covets a casino, one hopefully that would be open in time for the 2025 World Expo. Among the entrants, Las Vegas Sands, … Continue reading
Posted in Dining, Galaxy Entertainment, Genting, Japan, Las Vegas Sands, Lotteries, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Politics, Regulation, Singapore, Sports betting, Transportation, Tribal, Wynn Resorts
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Everyone’s happy in Singapore; Adelson involvement probed
While the government in Macao likes to keep casino executives in a state of uncertainty about the future, Singapore is far more sanguine. Between them, Marina Bay Sands and Resorts World Sentosa have committed $6.6 billion to new development. That … Continue reading
Posted in Genting, Internet gambling, Las Vegas Sands, Law enforcement, Louisiana, New Jersey, Rhode Island, Sheldon Adelson, Singapore, Sports betting, Taxes
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The unkindest cuts of all
Apparently Las Vegas casinos—and specifically those of MGM Resorts International—have not learned from the ill-will generated by resort fees and paid parking. Now, as discovered by Scott Roeben, MGM is instigating an insidious “surge pricing” for sundries like water and … Continue reading
Seminoles to the rescue; Rosenstein’s mess
Florida could move from the “no” into the “yes” column on sports betting. Maybe. A new compact with the Seminole Tribe would incorporate sports betting into the mix of games permitted in the Sunshine State. Gov. Ron DeSantis (R) is keeping … Continue reading
Posted in Delaware, Economy, Florida, Genting, Horseracing, Law enforcement, Lotteries, New York, Politics, Rush Street Gaming, Seminole Tribe, Sheldon Adelson, Sports betting, Technology
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New date for The Drew
There are some stirrings of life around the Fontainebleau/The Drew carcass. This week developer Steven Witkoff announced the hiring of Diller Scofidio+ Renfro architectural team to finish the massive hulk, with a new completion date of 2022. (We never bought … Continue reading
Gilbert sells to Hard Rock; Masters odds are out
Hard Rock International exited the Ohio market by one door, then reentered it by another. The tribal giant bought Dan Gilbert out of Jack Cincinnati and Turfway Park. REIT Vici Propreties will own the real estate of the casino and … Continue reading
Posted in Alabama, Caesars Entertainment, DFS, Donald Trump, Genting, Hard Rock International, International, Iowa, Kentucky, Las Vegas Sands, Marketing, Maryland, Ohio, Politics, Problem gambling, Racinos, Regulation, Singapore, Sports, Sports betting, Steve Wynn, Taxes, Tribal, TV
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Puerto Rico grabs sport-betting lifeline; Hotel economy at peak power
If you’re Puerto Rico, still—still!—digging out from Hurricane Maria, to expect help from the U.S. government is like waiting for Godot. Except I’ll give odds that Mister Godot shows up first. Making necessity the mother of dire invention, Gov. Ricardo Rosselló … Continue reading
Posted in Caesars Entertainment, DFS, Economy, Genting, International, Las Vegas Sands, MGM Mirage, Singapore, Sports betting, Tourism, Wall Street
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Adelson’s big trade-off; Nation bans casinos; Vegas hotel reopens
Not having gotten his way regarding a Las Vegas stadium, Sheldon Adelson turned to the government of Singapore and can now announce a major success. He will build a new hotel, a “state of the art” arena and additional convention … Continue reading
Posted in Architecture, Derek Stevens, Downtown, Genting, International, Las Vegas Sands, Law enforcement, Singapore, Taxes, Terry Caudill, Wall Street
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West Virginia joins ‘Net-bet pack; Conventioneers flood the Strip
And then there were five. Internet gambling was legalized in West Virginia this week, as was i-poker. Gov. Jim Justice (R) appears to have been opposed to the law—or to giving political opponents a stick to beat him with—so he … Continue reading
Astral sighting; Cuomo nixes Gotham casinos
Urban blight along the Las Vegas Strip could be (partially) giving way to new casino development. Resort entrepreneur Asher Gabay has found the Promised Land in Las Vegas, where he hopes to take a run at the boutique-hotel concept. His … Continue reading
Posted in Connecticut, Fontainebleau, Foxwoods, Genting, Internet gambling, Las Vegas Raiders, Las Vegas Sands, MGM Resorts International, Mohegan Sun, New York, Politics, Regulation, Sports, Sports betting, Steven Witkoff, The Strip, Tribal, Virginia
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Eldorado explores Caesars takeover; MGM says ‘Play ball!’
Since corporate mergers, once begun, develop a momentum all their all own, it was inevitable that someone would step forward to explore a purchase of Caesars Entertainment, regardless of whether it is a good idea, risking a second bankruptcy. In … Continue reading
Posted in Architecture, Atlantic City, Baseball, Caesars Entertainment, Eldorado Resorts, Genting, Internet gambling, Japan, Las Vegas Sands, Law enforcement, Macau, Marketing, Melco Resorts & Entertainment, MGM Resorts International, New York, Politics, Sheldon Adelson, Sports, Tilman Fertitta
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Atlantic City rallies, Pennsylvania snoozes
Given that a certain amount of cannibalization was inevitable with the debuts of two new casinos on the Boardwalk, a 5% February decline in same-store gambling revenue has to considered a pretty good result. The market overall was up a … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Detroit, Eldorado Resorts, Genting, Greenwood Racing, Hard Rock International, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports betting, Tilman Fertitta, William Hill
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King on the rag; Macao mobbed; Sheldon goes green
Better hurry and line up that Circa funding, Derek Stevens: Rep. Steve King (R) is coming after your EB-5 investors. King has introduced a bill, currently little more than a placeholder, to terminate the EB-5 program. In the past we’ve been … Continue reading
Posted in Caesars Entertainment, Cirque du Soleil, Cretins, Delaware, Derek Stevens, Downtown Grand, Entertainment, Environment, Genting, Hard Rock International, International, Las Vegas Sands, Macau, Mohegan Sun, Politics, Racinos, Sheldon Adelson, South Korea, Sports betting, Terry Caudill, The Strip, Tourism, TV
1 Comment
Atlantic City: Ocean Resort stages a rally
Atlantic City is weathering the winter months about as well as can realistically be hoped. Same-store revenues were down 8% last month but up 9% overall. Ocean Resort ($12.5 million) actually crept past Bally’s ($12 million) and up on Resorts … Continue reading
Posted in Atlantic City, Boyd Gaming, Bruce Deifik, Caesars Entertainment, Churchill Downs, Dan Gilbert, Detroit, Eldorado Resorts, Genting, Greenwood Racing, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, New Jersey, New York, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports betting, Tilman Fertitta
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Bluhm’s big push; Gary dissed; Oscar betting debuts
Neil Bluhm isn’t waiting like some blushing wallflower for the Massachusetts Gaming Commission to approve him for a casino in Brockton. He’s spent $430,000 on Beacon Hill to make his $700 million casino project in reality. To put that in … Continue reading
Posted in Ameristar, Architecture, Caesars Entertainment, Cirque du Soleil, Economy, Entertainment, Genting, Indiana, Iowa, Law enforcement, Majestic Star, Massachusetts, Movies, Neil Bluhm, Penn National, Politics, Regulation, Rhode Island, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal
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Sports books take Super Bowl hit
With 75% of bettors wagering on the New England Patriots, plus a “george” 53-1 side bet for in-store credit, FanDuel got taken to the woodshed during Super Bowl LIII, losing $5 million. “All of this combined to leave New England as … Continue reading
Posted in Architecture, Arizona, Economy, Genting, Illinois, Las Vegas Sands, Marketing, New Jersey, Politics, Problem gambling, Resort fees, Singapore, Sports betting, Taxes, Texas
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Wynn: The settlement; Paddock explained, somewhat
We’re into Day Two of the Wynn Resorts settlement with the Nevada Gaming Control Board and some details are starting to make their way into the public discourse. Forbes enumerates the charges and they include: “Employee 1 claimed that in … Continue reading
