Category Archives: Health

Tribes reel under pandemic; Lawyers: It’s OK to cheat

Posted on April 15, 2020 by David McKee

Although as many as 17% of tribal casinos may still be open, according to the American Gaming Association, that doesn’t mean there’s not a lot of pain in Indian Country. Meister Economic Consulting, the go-to source on tribal gaming, estimates … Continue reading →

Posted in California, Cirque du Soleil, Derek Stevens, Economy, Health, Mohegan Sun, Prostitution, South Dakota, South Korea, Tribal, Wall Street | 2 Comments

Small casinos still screwed; Hedge funds on the prowl

Posted on April 15, 2020 by David McKee

Evidently someone got American Gaming Association President Bill Miller’s letter to Donald Trump before POTUS’ eyes. We say “evidently” because somebody (probably the White House), in an effort to be Solomonic, persuaded the Small Business Administration to effect a compromise. It … Continue reading →

Posted in AGA, Caesars Entertainment, Charity, Culinary Union, Donald Trump, Downtown, Economy, Entertainment, Health, Internet gambling, Lake Tahoe, Politics, Regulation, Scientific Games, Wall Street, Wynn Resorts | 2 Comments

Union: Where there’s a will, there’s a way

Posted on April 14, 2020 by David McKee

Discontent with casino management is spreading from Las Vegas to the Gulf Coast and beyond. In a Unite-Here teleconference, local union President Marlene Patrick Cooper expressed the general sentiment, saying, “This is a disaster that’s 10 times worse than Katrina. They chose … Continue reading →

Posted in Atlantic City, Caesars Entertainment, China, Derek Stevens, Dining, Economy, Eldorado Resorts, Entertainment, Health, Herbst Gaming, Mississippi, Movies, Nevada, Regulation, The Strip, Unite-Here, Wall Street | 1 Comment

Culinary issues demands; Outlasting Coronavirus

Posted on April 13, 2020 by David McKee

In a Thursday media event, the Culinary Union called for casinos to continue paying their inactivated employees for as long as the Coronavirus crisis lasts. Said Unite-Here President D. Taylor, “The industry, obviously, is a very profitable industry. We don’t understand their … Continue reading →

Posted in AGA, Architecture, California, Culinary Union, Donald Trump, Economy, Galaxy Entertainment, Health, Las Vegas Sands, Macau, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Regulation, Sociedade de Jogos de Macau, Technology, Tribal, Unite-Here, Wall Street, Wynn Resorts | Comments Off on Culinary issues demands; Outlasting Coronavirus

“Scary” times for casinos; Hotel rates swoon

Posted on April 13, 2020 by David McKee

Donald Trump wants to reopen America for business May 1, come hell or high water. Former Atlantic City casino executive Robert Ambrose acknowledges that “going past 30 days [quarantine] is scary for the entire industry.” According to Ambrose, it ought … Continue reading →

Posted in Atlantic City, Caesars Entertainment, California, Crown Resorts, Economy, Greenwood Racing, Hard Rock International, Health, Las Vegas Sands, MGM Resorts International, Pennsylvania, Rush Street Gaming, Sports, The Strip, Tourism, Wall Street, Wynn Resorts | 2 Comments

Las Vegas: What next and when?

Posted on April 10, 2020 by David McKee

While everyone from Las Vegas Mayor Carolyn Goodman up to the highest ranks of the federal government trying to rush people back to work, we’re forced to consider what Sin City will look like after the Coronavirus pandemic … and when … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dining, Economy, Health, Lotteries, Macau, Marketing, MGM Resorts International, Resort fees, Sports, Station Casinos, Steven Witkoff, Technology, The Strip | 3 Comments

Boyd sacks workforce; Political wagering in West Virginia

Posted on April 10, 2020 by David McKee

Job cuts continue at Las Vegas casinos. Boyd Gaming employees are out of jobs starting tomorrow, although health benefits will continue through June 30. For a company that’s sitting on as much cash as Boyd, that’s a strange move. Boyd’s … Continue reading →

Posted in AGA, Boyd Gaming, Caesars Entertainment, Canada, Charity, Cirque du Soleil, Cosmopolitan, DraftKings, Election, FanDuel, Health, MGM Resorts International, Michigan, Sports, Sports betting, Technology, The Rio, Tourism, Tribal, TV, Wall Street, West Virginia, World Series of Poker | Comments Off on Boyd sacks workforce; Political wagering in West Virginia

Quote of the Day

Posted on April 10, 2020 by David McKee

“Sending healthcare workers to the front line asking them to cover their face with a bandana is akin to sending a soldier to the front line in a t-shirt and flip flops. I don’t want to talk. I don’t want … Continue reading →

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Quote of the Day

Posted on April 9, 2020 by David McKee

“Everyone says you are supposed to be on your own. Then to have this happen, you just sit there wondering what else you can do. You can’t fight the federal government.”—Jose Camacho, director of the Texas Association of Community Health Centers on … Continue reading →

Posted in Current, Health, Texas | Comments Off on Quote of the Day

Wynn sitting pretty; Trump Plaza damned, doomed

Posted on April 8, 2020 by David McKee

Wynn Resorts can sit out a Coronavirus crisis lasting 1.4 years. That’s how much cash ($3 billion) it’s sitting upon. First-quarter revenues took a 43% hit and are expected to come in somewhere in the $912 million-$969 million range. The … Continue reading →

Posted in Atlantic City, Australia, Carl Icahn, Genting, Health, James Packer, Las Vegas Sands, Macau, Massachusetts, Politics, Regulation, Rhode Island, Singapore, Tribal, Twin River, Wall Street, Wynn Resorts | 1 Comment

Asking the Big Guy; Coronavirus: Where does it end?

Posted on April 8, 2020 by David McKee

Trading on his longstanding Republican Party connections, American Gaming Association President Bill Miller is leapfrogging the Small Business Administration and Secretary of the Treasury Steve Mnuchin, to take his case straight to Donald Trump. The problem, as we outlined yesterday, is … Continue reading →

Posted in AGA, Arizona, Baseball, California, Donald Trump, Economy, Florida, Health, Japan, Macau, Massachusetts, Nevada, New Jersey, New York, Politics, Singapore | 2 Comments

Quote of the Day

Posted on April 8, 2020 by David McKee

“A cheerful heart is good medicine, but a broken spirit saps a person’s strength.”—Proverbs 17:22

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Macao bad, worse to come; No casinos for Brazil

Posted on April 7, 2020 by David McKee

“With the government keeping limitations on individual and group visas into the market and transportation options remaining impaired we believe the Macau market could take five to seven months to start stabilizing and showing improvement,” Stifel Financial analyst Steven Wieczynski … Continue reading →

Posted in Atlantic City, Caesars Entertainment, China, Connecticut, Dining, Economy, Foxwoods, Galaxy Entertainment, Hard Rock International, Health, history, International, Internet gambling, Japan, Las Vegas Sands, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Ocean Resort, Politics, Scientific Games, Station Casinos, Taxes, Wall Street, Wynn Resorts | 1 Comment

Feds screw small casinos; Coronavirus detritus

Posted on April 7, 2020 by David McKee

Unless there’s a change in the rules in Washington, D.C., the current pandemic could cut like an economic scythe through small gaming operators and slot routes. The Small Business Administration has fallen back on a pettifogging old rule that businesses … Continue reading →

Posted in AGA, Dining, Economy, George Maloof, Georgia, Health, Las Vegas Sands, LVCVA, Mississippi, Movies, Oscar Goodman, Slot routes, Sports betting, Transportation, TV | Comments Off on Feds screw small casinos; Coronavirus detritus

Quote of the Day

Posted on April 6, 2020 by David McKee

“To my fellow corporate executives who are looking at spreadsheets and trying to determine the impact this crisis will have on sales and share prices, let me say our job as business leaders is now as simple as it is … Continue reading →

Posted in Economy, Health, Sheldon Adelson, Wall Street | 2 Comments

Quote of the Day

Posted on April 4, 2020 by David McKee

“One Georgia hospital has workers in a conference room cutting up surgical sheeting and sewing it onto N95 masks to make the masks last longer. (If N95 masks get soiled, they are supposed to be discarded. This way, the surgical … Continue reading →

Posted in Georgia, Health | 3 Comments

No recovery in Macao

Posted on April 3, 2020 by David McKee

Despite the lifting of a government quarantine, casino revenues in Macao did not bounce back last month, down 80% to $664 million. That’s worse than forecast (70%). Tourism restrictions prompted by a second boomlet of Covid-19 in Macao didn’t help. … Continue reading →

Posted in China, Economy, Health, International, Internet gambling, Macau, Marketing, PokerStars, Politics, Problem gambling, Regulation, Technology, Tourism | Comments Off on No recovery in Macao

Maryland craters; Penn takes Trop loss

Posted on April 3, 2020 by David McKee

Free State Gov. Larry Hogan (R) having closed casinos on March 16, revenue results were predictably dire, down 58%. That’s a measly $69 million gross. MGM National Harbor booked $26 million, a 58.5% slide, with slots down 62% and tables … Continue reading →

Posted in Caesars Entertainment, Churchill Downs, Cordish Co., Detroit, Donald Trump, Economy, Eldorado Resorts, GLPI, Golden Gaming, Health, Las Vegas Sands, Law enforcement, Maryland, Massachusetts, MGM Resorts International, Penn National, Politics, Real Estate, Sheldon Adelson, Sports betting, The Strip, Wall Street, West Virginia, Wynn Resorts | 3 Comments

Sanders enters casino fray; MGM execs play the market

Posted on April 2, 2020 by David McKee

Sen. Bernie Sanders (I), perhaps in a move to reinvigorate his comatose presidential campaign, has waded into the dispute between the Trump administration and the Mashpee Wampanoag. The origin of the tribe’s newly dissolved, 321-acre reservation is clouded by tribal recognition during … Continue reading →

Posted in Donald Trump, Economy, Election, Genting, Health, history, Horseracing, Illinois, Indiana, International, Jim Murren, Massachusetts, MGM Resorts International, Michigan, Ohio, Penn National, Politics, Sports, Sports betting, Tribal, Twin River, Wall Street | 1 Comment

Pandemic … of black-market slots; Jobs market reels

Posted on April 2, 2020 by David McKee

Why didn’t social distancing in casinos work? Reports Frank Legato, “the Centers for Disease Control revealed that the Covid-19 virus can survive up to two or three days on stainless steel, plastic and other nonporous surfaces—like gaming machines. An industry … Continue reading →

Posted in Caesars Entertainment, Economy, Health, Illinois, International, Law enforcement, Missouri, Pennsylvania, Problem gambling, Regulation, Slot routes, Transportation, Wall Street | Comments Off on Pandemic … of black-market slots; Jobs market reels