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Category Archives: Harrah's
As the Showboat turns
Will the Showboat have a new owner (Bart Blatstein) on Monday? Only its hairdresser knows for sure. Will Caesars Entertainment‘s removal of its gaming entitlement trump (pardon the pun) Trump Entertainment Resorts CEO (and civic villain) Bob Griffin‘s mandate that … Continue reading
Posted in Atlantic City, Glenn Straub, Harrah's, Revel, Trump Entertainment Resorts
1 Comment
Bluhm thinks big in Massachusetts; Cautious optimism in Illinois
Never accuse Neil Bluhm of thinking small. His Mass Gaming & Entertainment has published some eye-popping projections as part of a 200-page casino application to the State of Massachusetts. Despite nearby competition from Plainridge and Rhode Island, Bluhm is projecting … Continue reading
Posted in Architecture, Boyd Gaming, GLPI, Harrah's, Illinois, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Politics, Regulation, Tribal
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Regulating DFS; So long, Harrah’s Tunica
Although he doesn’t think state government ought to “impede one’s enjoyment of fantasy sports,” New Jersey state Sen. James Whelan (D, right) thinks it’s time for the Garden State to regulate daily fantasy sports. In a letter to the Division of … Continue reading
Posted in Arkansas, Atlantic City, Dining, Harrah's, Internet gambling, Mississippi, Oklahoma, Politics, Regulation, Sports, Tribal
1 Comment
Caesars loses Ohio; Parking fees on the Strip?
In a lose-lose scenario, Caesars Entertainment is losing its management contracts at Horseshoe Cincinnati, Horseshoe Cleveland and Thistledown Racino. Even with the valuable Horseshoe brand, all three had been losing business in recent months. Caesars had long ago sold its … Continue reading
Adelson sleeping with the enemy
In his mania to ban Internet gaming, Sheldon Adelson has let the worst of anti-gambling zealots to slither into bed with him. Dr. James Dobson-founded Focus on the Family has gotten behind Rep. Jason Chaffetz‘s faltering bill. So-called “social liberal” Adelson … Continue reading
Posted in Arizona, Harrah's, Internet gambling, Politics, Sheldon Adelson, Tribal
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Harrah’s auction scrapped; Airport casino nixed
Almost nobody wants the defunct remnants of Harrah’s Tunica Casino. Owner Caesars Entertainment has scratched a planned auction of the property because nobody except stalking horse TJM Properties has shown an interest in the building. TJM specializes in senior-living facilities. … Continue reading
Posted in Florida, Foxwoods, Harrah's, Marketing, Mississippi, Mohegan Sun, Politics, Scientific Games, Seminole Tribe, Taxes, Tribal
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Turmoil at Revel, Trump; DFS to try self-regulation
Atlantic City civic gadfly Glenn Straub is at it again. In addition to trying to wrest electrical power from Stockton University by way of the Showboat (Stockton is contesting the validity of the quid pro quo in court), he’s threatening to sue … Continue reading
Posted in Atlantic City, Baseball, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, James Packer, Macau, Melco Crown Entertainment, Regulation, Trump Entertainment Resorts, TV
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Caesars: (Almost) everything must go; More angst in Macao
Well, it had to happen eventually. In order to escape bankruptcy, Caesars Entertainment is putting Caesars Entertainment Operating Co. on the market. There are some who are calling this a bluff and others who can’t afford to get in on … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Economy, GLPI, Harrah's, Illinois, Indiana, International, Iowa, Lake Tahoe, Lawrence Ho, Louisiana, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Philippines, Regulation, Reno, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tribal, Wall Street
1 Comment
Japan: Keep moving, nothing to see here; Crisis at Studio City
Despite much chumming of the waters by Union Gaming Securities Asia‘s Grant Govertson, it’s the same old same-old in Japan, where casino legalization has been delayed yet again and probably should be under a news blackout until substantial progress is achieved. … Continue reading
Posted in Architecture, Election, Entertainment, Harrah's, International, Internet gambling, James Packer, Japan, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pets, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tourism, Wall Street
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Caesars: New wine in old bottle; The house that poker built
Starting Jan. 1 (What? No New Year’s Eve bookings?), guests at Caesars Palace will have the chance to stay in the new Julius Tower. Except that it’s not really new: It’s the old Roman Tower, given a dramatic, $75 million … Continue reading
Posted in Architecture, California, Economy, Genting, Harrah's, Macau, Regulation, Sheldon Adelson, Singapore, Steve Wynn, The Strip
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Boyd: What’s not to like?; Poker cheat gets flushed
Try as it might, Boyd Gaming just doesn’t feel any warm fuzzies from Wall Street. J.P. Morgan analyst Joseph Greff called the most recent quarter “very impressive,” with 3% revenue growth and huge increases in cash flow. Still, Greff wrote, … Continue reading
Posted in Atlantic City, Boyd Gaming, Environment, Harrah's, Hawaii, Internet gambling, Iowa, Louisiana, Penn National, Wall Street
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Fantastic month for Atlantic City; Gural gets his wish
As the window for apples-to-oranges comparisons of Atlantic City casino revenue closes, so does the gap between same-store and outright gross-gaming revenues. In September, casinos were up 10% on a same-store basis (i.e., excluding the four closed ones from the … Continue reading
Posted in Atlantic City, Boyd Gaming, Election, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Penn National, PokerStars, Regulation, Rhode Island, Tilman Fertitta, Tourism, Tropicana Entertainment, Trump Entertainment Resorts
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McCheese baffles Wynn; Straub thwarted again
Boston Mayor Martin “McCheese” Walsh has Wynn Everett President Robert DeSalvio “baffled” with his schizoid approach to the hotel-casino. After having an apparently conciliatory meeting with Walsh, DeSalvio was bushwhacked by a McCheese-launched lawsuit to halt construction on Wynn Everett. “We … Continue reading
Posted in Arizona, Atlantic City, Glenn Straub, Harrah's, Horseracing, Massachusetts, Mohegan Sun, New York, Racinos, Revel, Steve Wynn, Tribal, Wall Street
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Buckeye bounce; Macao’s woes a secret benefit?
Casino and racino revenues in Ohio were up nicely last month, +6.5%. We’re still at least a month away from having a full set of year/year comparisons but Gov. John Kasich‘s decision to supersize a four-casinos-only constitutional amendment into four casinos … Continue reading
Posted in Dan Gilbert, Economy, Eldorado Resorts, GLPI, Hard Rock International, Harrah's, Macau, Ohio, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn
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Doubling down on Philadelphia; Baltimore throws a Horseshoe
Cordish Gaming got the go-ahead to start building its Packer Avenue casino in Philadelphia. The news came on the same as a bulletin that should give Cordish pause, with SugarHouse casino reporting a 4% drop in slot revenues. Given the … Continue reading
Posted in Cordish Co., Foxwoods, Greenwood Racing, Harrah's, Maryland, Mohegan Sun, Neil Bluhm, Pennsylvania, Tribal
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No boost for Illinois; The wrath of Wynn
So much for the invigorating effect of Labor Day weekend. Even with a holiday, September in Illinois still saw a decline in casino revenue. Casinos in the Land of Lincoln were down 5% for the month. Foot traffic fell 2% … Continue reading
Posted in Boyd Gaming, GLPI, Harrah's, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Regulation, Slot routes, Sports, Steve Wynn
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MGM reassures Springfield; New gig for Loveman
MGM Resorts International President William Hornbuckle‘s promptly arranged visit to Springfield took on the nature of a damage-control effort yesterday. Hornbuckle made an unequivocal commitment to the city, saying, “We have not gone anywhere, we will not go anywhere and we … Continue reading
Posted in Boyd Gaming, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Technology
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Quote of the Day
“Are you kidding me? I know my kids … These games need to change. The time is now.” — Caesars Entertainment CEO Mark Frissora riling up slot machine makers at Global Gaming Expo by saying he was “shocked” by the retrograde … Continue reading
Posted in G2E, Harrah's, Technology
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Turning point for Wynn; Breakthrough for PokerStars
Earlier this week, the Everett Planning Board unanimously assented to Wynn Everett‘s site plan. The Medford Patch described this vote as “the most critical local permit needed by Wynn.” The resort-to-be can start pulling building permits now, with the actual … Continue reading
Catwalk beauties, oysters and organized crime at G2E
Pulchritude on parade was an important subtheme of this year’s Global Gaming Expo, as was showcasing Las Vegas’ many dining options. Chef Daniel Bouloud, by the way, earns our thanks for initiating “Oyster Hour” at db Brasserie in the Venetian. … Continue reading
Posted in Dining, Entertainment, G2E, Geoff Freeman, Harrah's, Sheldon Adelson, The Mob
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