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 | Comments Off on Casinos, DFS wrangle in Massachusetts; Harrah’s wins in Louisiana

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 | Comments Off on Encore firms up opening date; Bionic money

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

Posted in Aristocrat, Caesars Entertainment, Culinary Union, Donald Trump, Genting, Illinois, Indiana, Law enforcement, Marketing, Massachusetts, Nevada, Technology, Tribal, Unite-Here, Wisconsin | 2 Comments

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 | Comments Off on MGM, Adelson tussle for Japan; Wynn pouts over fine

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 | Comments Off on Everyone’s happy in Singapore; Adelson involvement probed

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

Posted in Caesars Entertainment, Churchill Downs, Entertainment, Genting, Horseracing, Japan, Las Vegas Sands, Macau, MGM Resorts International, Resort fees, Singapore, Sociedade de Jogos de Macau, The Strip | 1 Comment

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 | Comments Off on Seminoles to the rescue; Rosenstein’s mess

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

Posted in Architecture, Culinary Union, Entertainment, Fontainebleau, Genting, MGM Resorts International, Politics, Racinos, Sam Nazarian, Sports, Steven Witkoff, The Strip, Virginia | 1 Comment

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 | Comments Off on Gilbert sells to Hard Rock; Masters odds are out

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 | Comments Off on Puerto Rico grabs sport-betting lifeline; Hotel economy at peak power

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 | Comments Off on Adelson’s big trade-off; Nation bans casinos; Vegas hotel reopens

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

Posted in Atlantic City, Caesars Entertainment, California, Downtown, Economy, Entertainment, Florida, Genting, Hard Rock International, Internet gambling, MGM Resorts International, New York, Politics, Rush Street Gaming, Scientific Games, Tamares Group, The Strip, West Virginia | 2 Comments

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 | Comments Off on Astral sighting; Cuomo nixes Gotham casinos

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 | Comments Off on Eldorado explores Caesars takeover; MGM says ‘Play ball!’

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 | 4 Comments

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 | Comments Off on Atlantic City: Ocean Resort stages a rally

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 | Comments Off on Bluhm’s big push; Gary dissed; Oscar betting debuts

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 | Comments Off on Sports books take Super Bowl hit

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

Posted in Architecture, Genting, Law enforcement, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Regulation, Steve Wynn, The Strip, Wynn Resorts | 2 Comments