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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Harrah's
Pinnacle dominates Louisiana; Trump settles Vegas case
Pulled under by the Shreveport/Bossier City market (-6%), June gaming numbers in Louisiana came in 3% off last year’s. Pinnacle Entertainment‘s Boomtown Bossier ($5 million) far outperformed the competition, up 11%. Hardest hit were the Caesars Entertainment properties, with usually reliable … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, Culinary Union, Donald Trump, GLPI, Harrah's, Isle of Capri, Louisiana, Palms, Penn National, Pinnacle Entertainment, Racinos, Slot routes, Station Casinos, Tilman Fertitta, Tropicana Entertainment, Unite-Here
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Lean June in Atlantic City; Respect for the riff raff
Just when it should have been booming with the summer season, Atlantic City casino revenue fell 4% — $197.5 million — although online casino revenues rose 41% (to $16 million). Resorts Digital — aka PokerStars — is still bringing up the … Continue reading
Posted in Atlantic City, Boyd Gaming, Harrah's, International, Internet gambling, Marketing, Mohegan Sun, PokerStars, Regulation, Tilman Fertitta, Tropicana Entertainment
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Poker hands across the ocean; New offer in Caesars bankruptcy
Spurning Nevada and Delaware, the state of New Jersey is exploring an online-poker compact with the United Kingdom. The deal, if consummated, would allow the two entities to share players and liquidity. “Even when you discount children and non-gamblers, it gives … Continue reading
Posted in Atlantic City, Glenn Straub, Harrah's, International, Internet gambling, Iowa, MGM Mirage, Regulation, Revel, Technology, The Strip, Transportation, Warner Gaming
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Happy ending for casino site; DFS not out of the woods in New York
There’s a happy ending to the saga of Bavarian Brewery, which had been purchased by Columbia Sussex a decade back in hopes that it would be Kentucky‘s first casino. The building has lain fallow ever since and ColSux has gone … Continue reading
Posted in Architecture, Boyd Gaming, Columbia Sussex, Geoff Freeman, GLPI, Harrah's, Illinois, Internet gambling, Kentucky, Law enforcement, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Sports
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Shifty speculation in Massachusetts; Hoosiers spend more
Two Boston-area mayors are digging in against a slot parlor proposed for Revere. New Revere Mayor Brian Arrigo and Somerville Mayor Joseph Curtatone (below) have both voiced opposition to the project, which would be near Suffolk Downs (the ballot question is … Continue reading
Posted in Boyd Gaming, Full House Resorts, Harrah's, Horseracing, Law enforcement, Majestic Star, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Steve Wynn, Taxes, Tropicana Entertainment
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Icahn leaves Taj workers nostalgic for Trump; Megaresort proposed for NYC
You can measure the acrimony between Unite-Here Local 54 and Tropicana Entertainment by the fact that striking workers at Trump Taj Mahal are using Donald Trump as a stick with which to beat Carl Icahn. By astutely negotiating a pact … Continue reading
Posted in California, Carl Icahn, Charity, Cordish Co., Cosmopolitan, Donald Trump, Election, Entertainment, Genting, Georgia, Glenn Straub, Harrah's, Horseracing, Illinois, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, New York, Regulation, Revel, Stanley Ho, Tribal, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here
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Strike at the Taj; Macao half-full or half-empty?
While Tropicana Entertainment managed to stave off at the very last minute a strike at its eponymous Atlantic City casino, Trump Taj Mahal was not so fortunate. In a 99% predictable outcome, roughly 1,000 Taj workers walked off their jobs … Continue reading
Donald Trump, stiff; Partial labor peace in Atlantic City
One of the benefits of Donald Trump‘s current ubiquity is that it has belatedly spurred the press into debunking the myth that he was a successful casino operator in Atlantic City. A particularly damning Associated Press story connects the dots … Continue reading
Posted in Atlantic City, Boyd Gaming, Donald Trump, Galaxy Entertainment, Glenn Straub, Harrah's, Macau, Melco Crown Entertainment, Mohegan Sun, Regulation, Revel, Steve Wynn, Tilman Fertitta, Tourism, Tropicana Entertainment, Unite-Here
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Riviera site to become a stadium?; Cordish, MGM face off in Maryland
It’s anything but certain that the [your city here] Raiders are coming to Las Vegas, but our civic leaders are moving ahead as though it were a done deal. The preferred site for a Las Vegas Sands-backed stadium, on Tropicana … Continue reading
Posted in California, Cordish Co., Entertainment, Harrah's, International, Louisiana, LVCVA, Marketing, Maryland, MGM Mirage, Penn National, Politics, Riviera, Sheldon Adelson, Sports, The Strip, Tribal
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Quote of the Day
“We really could talk this monstrosity to death for the rest of our lives. We’re not going to. We’re going to finish this now.” — U.S. Bankruptcy Judge A. Benjamin Goldgar, giving the go-ahead for a creditor vote on Caesars Entertainment … Continue reading
Posted in Harrah's, Wall Street
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Louisiana gets hammered; Three states legalize DFS
As we’ve noted before, May was hard on Midwest casino operators, nowhere more so than in Louisiana, where gambling revenue was down 13%. This marks seven months of same-store decline for the Pelican State, an exceptional slump, with the usually … Continue reading
Posted in Boyd Gaming, California, Churchill Downs, Colorado, Economy, Eldorado Resorts, GLPI, Golden Gaming, Harrah's, Internet gambling, Isle of Capri, Louisiana, MGM Mirage, Missouri, Nevada, New York, Pinnacle Entertainment, Regulation, Sports, The Strip, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street
2 Comments
Little relief for Caesars; Atlantic City braces for labor strife
It’s out of the frying pan and straight into the fire for Caesars Entertainment. Federal bankruptcy court has put a temporary halt on litigation against the casino giant, giving it until Aug. 29 to cut a new deal with bondholders. … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Eldorado Resorts, Geoff Freeman, Harrah's, Illinois, Pennsylvania, Pinnacle Entertainment, Politics, Slot routes, Sports, Taxes, The Mob, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here
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Atlantic City goes to pot; MGM, Boyd, Pinnacle, Red Rock Resorts meet The Street
We’ve come a long way from the days of Reefer Madness. Latest case in point: Atlantic City, where Assemblyman Reed Gusciora (D) is pushing recreational “tea” as a cure to the city’s penurious condition. Weed would be legalized on the Boardwalk and … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, CityCenter, Economy, Georgia, Glenn Straub, Harrah's, Illinois, Indiana, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Missouri, Palms, Pinnacle Entertainment, Politics, Reno, Scientific Games, Station Casinos, The Strip, Wall Street
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NHL picks Las Vegas; Borgata carries Atlantic City
It’s not been officially confirmed and it’s not a final decision, but The Associated Press is reporting that the NHL‘s executive committee has chosen Las Vegas businessman Bill Foley‘s proposal to create an expansion franchise in Sin City. In a … Continue reading
More gridlock in California; Caesars ownership ups the ante … sorta
California lawmakers’ push for legalized i-gaming appears to run into an insuperable obstacle. Just when it looked like state Rep. Adam Gray had devised language that would tap-dance around the “bad actor” issue, the Pechanga Band of Luiseño Indians and Agua … Continue reading
Posted in California, Florida, Genting, Harrah's, PokerStars, Politics, Taxes, Tribal, Wall Street
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Trump: How to make out like a bandit; Big plans for Station
To give the devil his due, if you visit Trump Taj Mahal and are dismayed because “carpets are frayed and dust-coated chandeliers dangle above the few customers there to play the penny slot machines,” you are not entirely witnessing the … Continue reading
Straub forges ahead; Caesars bankruptcy stymied
Glenn Straub still doesn’t have a new name for Revel but that’s not stopping him from reopening the casino — and on schedule, too. He expects to have 40% of the casino floor operational within a week. Straub will reopen … Continue reading
Posted in Atlantic City, Boyd Gaming, Dining, Entertainment, Glenn Straub, Harrah's, Marketing, Maryland, MGM Mirage, Regulation, Revel, The Strip, Unite-Here
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Indiana market battered; Foxwoods branches out
One less weekend of business hit Indiana casinos fairly hard last month. The state’s industry was down 7%, to $186 million. Patrons were spending more — a heartening metric — but foot traffic was off nearly 12%. However, even less … Continue reading
Wynn disses douchebags; Showboat sails again
In a characteristic about-face, former nightlife enthusiast Steve Wynn is belittling Millenials (“sort of short on brains”), social media (“dim-witted time”), while conceding the importance of non-gaming revenue to today’s Las Vegas. Said Wynn of the nightlife generation, “we’re doing well … Continue reading
Posted in Atlantic City, Cordish Co., Cretins, Economy, Entertainment, Golden Gaming, Harrah's, history, Macau, Maryland, Penn National, Steve Wynn, The Strip
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