Category Archives: Harrah's

Caesars: No free ride; Straub sues New Jersey

Posted on December 1, 2016 by David McKee

In an utterly predictable move, Caesars Entertainment will begin charging for parking at its Las Vegas Strip casinos in late December, at the same when MGM Resorts International‘s paid-parking regime is expected to go wide, encompassing locals. (December 29 is … Continue reading →

Posted in Atlantic City, Economy, Encore, Entertainment, Glenn Straub, Harrah's, Japan, Macau, MGM Mirage, Movies, Politics, Regulation, Revel, Steve Wynn, The Strip, Tourism, Wall Street | 1 Comment

All right in Atlantic City; Trump: The Asia connection

Posted on November 28, 2016 by David McKee

Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Glenn Straub, Harrah's, International, Iowa, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Vietnam | 1 Comment

New stumbling block for Caesars; ‘Net betting powers New Jersey

Posted on November 23, 2016 by David McKee

Just when it looked like Caesars Entertainment was out of the woods in its bankruptcy reorganization the federal trustee intervened with an objection. At issue are the releases from litigation that Caesars wrested from creditors as part of the price … Continue reading →

Posted in Arizona, Atlantic City, Donald Trump, Harrah's, Internet gambling, Massachusetts, Penn National, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment | Comments Off on New stumbling block for Caesars; ‘Net betting powers New Jersey

Atlantic City: Golden Nugget now tops; MGM’s holy rollers

Posted on November 16, 2016 by David McKee

There’s a new leader in Atlantic City‘s Internet-gambling arena. Not PokerStars over at Resorts Digital. They’re still in last place. No, grabbing 24.5% of market share, Golden Nugget now heads the pack. Borgata has 22%, Caesars Interactive holds 18% and … Continue reading →

Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Pennsylvania, PokerStars, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off on Atlantic City: Golden Nugget now tops; MGM’s holy rollers

Mixed bag in Indiana; Don’t mess with Massachusetts

Posted on November 10, 2016 by David McKee

One less weekend day in October helped depress casino revenues in Indiana, down 3%. However, individual property results were all over the place, making generalizations perilous. For instance, Majestic Star II in Gary was down 9%, to $5 million, but … Continue reading →

Posted in Ameristar, Boyd Gaming, Election, Full House Resorts, Harrah's, Indiana, Law enforcement, Lawrence Ho, Macau, Majestic Star, Marketing, Massachusetts, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Tropicana Entertainment | Comments Off on Mixed bag in Indiana; Don’t mess with Massachusetts

Election Special; Station Reno project approved

Posted on November 7, 2016 by David McKee

Preoccupied with stumping for legalized sports betting, the American Gaming Association fell down on the job and failed to deliver a promised (yes, they literally promised us) election roundup. By this shortcoming, the AGA flunked one of its mandates, which … Continue reading →

Posted in Arkansas, Atlantic City, Election, Entertainment, Harrah's, Internet gambling, Massachusetts, Nebraska, New York, Politics, Regulation, Reno, Scientific Games, Station Casinos, Steve Wynn, Technology, Wall Street | Comments Off on Election Special; Station Reno project approved

LV Monorail lives; MGM shatters expectations

Posted on November 7, 2016 by David McKee

Whether or not you consider the Las Vegas Monorail a while elephant, its trunk is going to grow a bit longer. Clark County is diligently pursuing the permits that would enable it to extend the Monorail to Mandalay Bay, where … Continue reading →

Posted in Atlantic City, Boyd Gaming, Detroit, GLPI, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Neil Bluhm, Penn National, Sheldon Adelson, Slot routes, The Strip, Transportation, Wall Street | 1 Comment

Paris goes dark; A Bennett returns

Posted on November 4, 2016 by David McKee

In the first major Strip power outage in 12 years — the last was at Bellagio in 2004 — players at Paris-Las Vegas saw the entire casino resort go dark before their very eyes. Not even the auxiliary power kicked … Continue reading →

Posted in Columbia Sussex, Harrah's, Hooters, International, Lake Tahoe, Paragon Gaming, Penn National, Pennsylvania, Regulation, Taxes, The Strip, Tourism, Westgate LV | Comments Off on Paris goes dark; A Bennett returns

Pennsylvania lawmakers screw the pooch; Adelson’s way or the highway

Posted on October 28, 2016 by David McKee

Pennsylvania communities are scrambling to reach voluntary revenue-sharing accords with the casinos they host after the Legislature left the issue in limbo. Rather than address the host-community fee on its own, the House of Representatives tacked on approval of Internet … Continue reading →

Posted in Architecture, Environment, GLPI, Golden Gaming, Greenwood Racing, Harrah's, Internet gambling, Maryland, Massachusetts, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, Technology | Comments Off on Pennsylvania lawmakers screw the pooch; Adelson’s way or the highway

Adelson in trouble again; Trop buoys Penn National numbers

Posted on October 27, 2016 by David McKee

Las Vegas Sands is under the regulatory magnifying glass again. It’s been alleged that the company tried to make an end run around anti-money-laundering laws by permitting Chinese whales to use front men to place bets on their behalf. Lawyers … Continue reading →

Posted in California, Dining, Downtown, Entertainment, Harrah's, International, Internet gambling, Law enforcement, Marketing, Mississippi, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Sports, Taxes, Technology, The Strip, Tribal, Wall Street | Comments Off on Adelson in trouble again; Trop buoys Penn National numbers

Mixed signals from Atlantic City

Posted on October 13, 2016 by David McKee

Despite having an extra weekend day last month, casino receipts in Atlantic City were down 3.5%, largely driven by the Trump Taj Mahal. (Subtract the Taj from the equation and you’d have a flat year/year comparison.) Table game revenues were … Continue reading →

Posted in Atlantic City, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Revel, Tilman Fertitta, Tropicana Entertainment | 3 Comments

Hollywood Jamul opens; Hutchinson opposes Arkansas casinos

Posted on October 13, 2016 by David McKee

While the eyes of the industry were focused on the closing of Trump Taj Mahal, there was another long-awaited event on Monday: the opening of Hollywood Casino Jamul, near San Diego. Combine in-progress road construction with a new casino and … Continue reading →

Posted in Arkansas, Atlantic City, California, Cannery Casino Resorts, Dining, Election, GLPI, Harrah's, Horseracing, Isle of Capri, New York, Oklahoma, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Taxes, Technology, The Strip, Transportation, Tribal | 1 Comment

Taj Mahal: Soon with 100% less Trump?; Sands jams up players

Posted on October 13, 2016 by David McKee

While the last vestiges of Donald Trump‘s ownership of Trump Taj Mahal were liquidated when Carl Icahn took over, it retained the name and continued to buy Trump Water. (The taste of douchebaggery?) What concerns politicians in Trenton is the prospect … Continue reading →

Posted in Affinity Gaming, Architecture, Atlantic City, Carl Icahn, Charity, Cirque du Soleil, Donald Trump, Downtown, Entertainment, Harrah's, International, Politics, Sheldon Adelson, The Strip, Tilman Fertitta, Tropicana Entertainment | Comments Off on Taj Mahal: Soon with 100% less Trump?; Sands jams up players

Indiana does well, Missouri does better

Posted on October 11, 2016 by David McKee

Foot traffic at Indiana casinos was down last month but players wagered more freely, 4.5% up from last year, leading to an almost 2% increase in casino revenues. Penn National Gaming was right in line with overall state performance and … Continue reading →

Posted in Boyd Gaming, Entertainment, Full House Resorts, Golden Gaming, Harrah's, Indiana, Isle of Capri, Majestic Star, Missouri, Penn National, Pinnacle Entertainment, Racinos, The Strip, Tropicana Entertainment | Comments Off on Indiana does well, Missouri does better

Trump Taj Mahal: End of an era; Wynn joins Atlanta pursuit

Posted on October 10, 2016 by David McKee

“It’s like saying goodbye to an old friend for the final time. I worked here and lived here, it was my whole life and now it’s closing. It’s all been taken away. My whole body is shaking.” So said longtime Trump … Continue reading →

Posted in Atlantic City, Carl Icahn, Cordish Co., Donald Trump, Election, Florida, Geoff Freeman, Georgia, Greenwood Racing, Harrah's, history, International, Internet gambling, Neil Bluhm, Pennsylvania, Seminole Tribe, Steve Wynn, Tropicana Entertainment, Unite-Here | 1 Comment

Pittsburgh pleads with Rivers Casino; Strong numbers from Maryland, Illinois

Posted on October 7, 2016 by David McKee

Pittsburgh is essentially saying “Pretty please” to Rush Street Gaming‘s Rivers Casino, begging the latter to keep voluntarily paying $10 million a year to the city, even though Rush Street is no longer under any legal obligation to do so. Pittsburgh Finance … Continue reading →

Posted in Boyd Gaming, Cordish Co., Cosmopolitan, GLPI, Golden Gaming, Harrah's, Illinois, Iowa, Maryland, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Racinos, Taxes, Technology, The Strip | 6 Comments

Florida grilled over blackjack games; Caesars’ lucky streak continues

Posted on October 7, 2016 by David McKee

Things are looking grim for Florida Gov. Rick Scott‘s case against the Seminole Tribe. An attorney for the state was described as getting “shellacked” by U.S. District Judge Robert Hinkle. The latter zeroed in on the state’s “designated player games” … Continue reading →

Posted in Florida, Galaxy Entertainment, Harrah's, IGT, International, Internet gambling, Isle of Capri, Massachusetts, Philippines, Problem gambling, Racinos, Regulation, Seminole Tribe, Stanley Ho, Technology, Tribal, Wall Street | Comments Off on Florida grilled over blackjack games; Caesars’ lucky streak continues

National Harbor opening looms; Murren’s march through Georgia

Posted on October 5, 2016 by David McKee

Lucky Dragon Casino had better enjoy its 15 minutes of fame while they last because all eyes will turn to the East Coast on Dec. 8, when MGM Resorts International opens MGM National Harbor. CEO Jim Murren is already predicting … Continue reading →

Posted in Alabama, Dining, Economy, Florida, Georgia, Harrah's, Internet gambling, Maryland, MGM Mirage, New York, Pennsylvania, Politics, Taxes, Technology, Tribal | 1 Comment

Trump: The art of losing (money); Daylight in Macao

Posted on October 3, 2016 by David McKee

Being the most inept casino developer in American history (four bankruptcies speak for themselves) has its advantages. The red ink hemorrhaged by Donald Trump‘s Atlantic City casinos spilled over onto his 1995 income-tax form, enabling the mogul to record a … Continue reading →

Posted in Atlantic City, Donald Trump, Harrah's, Macau, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Tilman Fertitta, Wall Street | 3 Comments

Stadium debate heats up; Seminole Tribe ousts boss

Posted on September 30, 2016 by David McKee

  While it looked for a moment like the wheels were greased for an NFL stadium on the Las Vegas Strip, financed primarily by hotel-room taxes, there’s a bit less certainty today. For one thing, Sheldon Adelson either assumed or … Continue reading →

Posted in California, Economy, Florida, Hard Rock International, Harrah's, Macau, MGM Mirage, Politics, Seminole Tribe, Sheldon Adelson, Sports, Taxes, The Strip | 2 Comments