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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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Category Archives: history
Trump takes with one hand, gives with other
The Trump administration has lent a new meaning to ‘Indian giver,’ seizing $10 million held in escrow by the Pojoaque Pueblo while the latter tries to negotiate a new compact with New Mexico. The Pojoaque Pueblo had been operating without a … Continue reading
Betrayal
Mohegan Sun and Foxwoods Resort Casino need to watch their backs. A bill to reopen the state’s casino-award process has made it to the floor of the Connecticut House. The word of the state, it seems, is not worth the … Continue reading
Posted in Derek Stevens, Downtown, Entertainment, Foxwoods, Harrah's, history, MGM Mirage, Mohegan Sun, Politics, Sports, The Strip, Tilman Fertitta
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Quote of the Day
“It was like, ‘Wow, you’re going to build a bingo hall in a field outside of Worley?’ It was a wetland. There were ducks floating around. It seemed pretty silly at the time.” — Public Affairs & Cultural Tourism Director Laura Stensgar … Continue reading
MGM wins race in Macao; Wynn complaints proliferate
Whew! For a while it was looking as though MGM Grand Cotai wouldn’t make it out of the starting blocks in time for Chinese New Year. However, the megaresort opened yesterday, with room to spare before the all-important holiday. Architecturally … Continue reading
Posted in Economy, history, Illinois, Indiana, Kentucky, Macau, Massachusetts, MGM Mirage, Missouri, Ohio, Politics, Regulation, Sexual misconduct, Steve Wynn, West Virginia, Wynn Resorts
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Caesars seeks to transform New Orleans skyline
Harrah’s New Orleans was built on the presumption that it would have neither hotel rooms nor restaurant, thereby not sapping the businesses around it. Through some clever — one might even say Machievallian — maneuvers by then-CEO Phil Satre, both … Continue reading
Posted in Election, Harrah's, history, Isle of Capri, Louisiana, Penn National, Pinnacle Entertainment, Politics, Tribal
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Wynn: “The End of an Era”
That’s how Deutsche Bank analyst Carlo Santarelli headlined his investor note alerting stockholders to the news that Wynn Resorts CEO/Chairman Steve Wynn has opted to step down. One can only speculate, but Carrie Geer Thevenot‘s long-buried Las Vegas Review-Journal report … Continue reading
Posted in Current, George Maloof, history, Macau, Massachusetts, Nevada, Regulation, Sexual misconduct, Sheldon Adelson, Steve Wynn, Wall Street
5 Comments
Quote of the Day
“The main thing is the game itself. If only you knew how it carries one away.” — Fyodor Dostoevsky on the subject of gambling, his greatest weakness.
Posted in history, Problem gambling
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Wynn’s disgrace continues; Robots overthrow Las Vegas
It’s getting to the point that one wishes Steve Wynn would just go away quietly and take the saga of his sagging, septuagenarian genitals with him. But the news is rarely convenient like that. Fox News is reporting that the … Continue reading
Posted in Colony Capital, Economy, GLPI, history, Illinois, Iowa, Massachusetts, Regulation, Steve Wynn, Technology, Unite-Here
3 Comments
New investigation of Wynn; Eldorado on the prowl
After several days of uncertainty, it’s definitive: The Nevada Gaming Control Board will investigate the allegations of sex abuse against Steve Wynn. In the past the NGCB has been only too willing to look the other way when prominent Nevada … Continue reading
Posted in Atlantic City, Colorado, Downtown, Eldorado Resorts, Entertainment, Florida, history, Isle of Capri, Louisiana, Macau, Massachusetts, Mississippi, Missouri, Regulation, Reno, Sexual misconduct, Station Casinos, Steve Wynn, Wall Street
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Quote of the Day
“You always hear people saying ‘Risking their life.’ He actually gave up his life for the betterment of all of us to be able to live in a free world and for us to be able to have a voice, … Continue reading
Posted in history
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Quote of the Day
“Shallow understanding from people of goodwill is more frustrating than absolute misunderstanding from people of ill will. Lukewarm acceptance is much more bewildering than outright rejection.” — Martin Luther King, from his Letter from a Birmingham jail, April 1963.
Posted in history
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Disney teams with casino owners; Tribes on the march
In the strangest coalition I have ever seen, the anti-casino Disney empire has joined with the Seminole Tribe to author a proposal that would take casino approval out of the hands of the Legislature (which hasn’t done a great job, … Continue reading
Posted in Boyd Gaming, Dan Gilbert, Election, Florida, history, Indiana, New York, Ohio, Racinos, Technology, Tribal
2 Comments
Caesars gets bigger, Boyd gets smarter
Caesars Entertainment doesn’t have a great history with IPOs. But it also has a considerable debt load that isn’t going away without drastic measures. To that end, REIT Vici Properties is mulling a stock offering that aims to drum up … Continue reading
Posted in Boyd Gaming, Harrah's, history, Louisiana, Missouri, Ohio, Penn National, Pennsylvania, Problem gambling, Regulation, Tribal, Wall Street
1 Comment
Revel bought? Straub says no; R.I.P., Keely Smith
Revel/Ten may have yet another name soon, now that wannabe buyer Bruce Defik has done what Glenn Straub wouldn’t: apply for a New Jersey gaming license. Straub continues to assert that there is no deal in place but “a court … Continue reading
Posted in Architecture, Atlantic City, California, Detroit, Dining, Entertainment, Glenn Straub, history, Internet gambling, James Packer, Macau, Melco Resorts & Entertainment, Pennsylvania, Politics, Regulation, Revel, Station Casinos, Taxes, The Strip, Tribal
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The Main Event; Macao roars
Monday is the big day: Oral arguments in the Supreme Court over Christie v. NCAA. It’s an understatement to say the gaming industry is getting pretty excited over the hearing, which is expected to lead to a rejection of the … Continue reading
Posted in Baseball, Economy, history, International, Internet gambling, Macau, Mississippi, Nevada, Problem gambling, Regulation, Sheldon Adelson, Sports, Steve Wynn, Wall Street
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Swings and roundabouts in Louisiana; Sexual harassment in Las Vegas
Now that S&G has been informed that it’s Louisiana that is the Bayou State, let’s take a look at how its casinos did last month. Overall, they dropped 2% for a $198 million gross. The headline item has to be … Continue reading
Posted in Boyd Gaming, Churchill Downs, Harrah's, history, Isle of Capri, Louisiana, New York, Penn National, Pinnacle Entertainment, Racinos, Tilman Fertitta, Tropicana Entertainment, Westgate LV
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N.Y. struggles continue; Sweet deal for Mount Airy
For Rivers Casino & Resort in Schenectady, the good news is that it’s turned a derelict locomotive plant into a shiny, new, $330 million gambling hall and that it’s spurred development of the nearby Mohawk Harbor residential community. The bad … Continue reading
Posted in Economy, history, Macau, Mississippi, Neil Bluhm, New York, Penn National, Pennsylvania, Politics, Tourism
2 Comments
Case Bets
In an early Christmas present to gaming historians, the Center for Gaming Research at UNLV has unveiled the Harrah’s Entertainment Corporate Archives, focusing on the 1940-2000 period. In other words, it doesn’t just go back to the beginning but before … Continue reading
Posted in GLPI, Harrah's, history, Illinois, Lake Tahoe, Mandalay Bay Massacre, Missouri, Pinnacle Entertainment, Reno, Sports, The Strip, Tropicana Entertainment
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The future of Caesars; Larry Ellison buys Cal-Neva
Executives from Caesars Entertainment flew to New York to meet with Wall Street analysts and lay out their vision of the company’s post-bankruptcy future. According to Deutsche Bank‘s Carlo Santarelli, internal research “displays a healthy Millenial participation rate, a long … Continue reading
It’s about time; Pols attack Atlantic City
Twelve years after Hurricane Katrina, Midwest and Bible Belt states still require casinos to be built on the water. Exceptions have been made for casinos on Mississippi‘s Gulf Coast and one of Mike Pence‘s latter acts as governor of Indiana … Continue reading
Posted in Architecture, Atlantic City, Election, history, Indiana, Louisiana, Mandalay Bay Massacre, MGM Mirage, New York, Pinnacle Entertainment, Politics, Sports, Tropicana Entertainment
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