Category Archives: history

Going for the gold in California; Vegas tops sin survey

It’s not quite as pre-apocalyptic as dogs and cats living together but California Native American tribes are joining with private-sector racetracks to push for sports betting in the Golden State, surely the ripest market in the U.S. The coalition wants … Continue reading

Posted in Atlantic City, Caesars Entertainment, California, Donald Trump, Eldorado Resorts, Election, Entertainment, history, Illinois, Japan, Louisiana, Regulation, Sports betting, Steve Wynn, Taxes, The Strip, Tribal | 1 Comment

Big bounce at IGT; Cosmo revises restaurant lineup

“What’s 23% Between Friends?” So asked Credit Suisse analyst Ben Combes as he reported on International Game Technology‘s 3Q19 earnings call. IGT’s $407 million in cash flow exceeded consensus Wall Street expectations by 3%. IGT stock vaulted 23% on the … Continue reading

Posted in Caesars Entertainment, Cosmopolitan, Delaware, Detroit, Dining, Entertainment, Genting, history, IGT, Indiana, International, Las Vegas Raiders, Lotteries, M Resort, MGM Resorts International, Missouri, New York, Penn National, Sports betting, Taxes, The Strip, TV, Wall Street | Comments Off on Big bounce at IGT; Cosmo revises restaurant lineup

Quote of the Day

“We took cognizance of the new synthetic folksiness that saturated certain programs and the excursions into political waters by these ‘I don’t know anything, but I know what I think’ guys. We wondered about the power of television to sell synthetic … Continue reading

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Quote of the Day

“So long as men worship the Caesars and Napoleons, Caesars and Napoleons will duly rise and make them miserable.”—Aldous Huxley

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Quote of the Day

“When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.”—Thomas Jefferson

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The Drew makes bold promises; GLPI gleeful

Steven Witkoff buried the lead when announcing that Bobby Baldwin had been called out of retirement to become CEO of The Drew. Witkoff’s PR peeps said that the project was in “final preparations for construction,” which is the first movement … Continue reading

Posted in Ameristar, Caesars Entertainment, California, CityCenter, Detroit, DFS, Dining, Fontainebleau, G2E, GLPI, history, Las Vegas Sands, Lotteries, Louisiana, Macau, Maryland, Michigan, Politics, Sports betting, Taxes, The Strip, Tribal, Vdara Death Ray, Wall Street | Comments Off on The Drew makes bold promises; GLPI gleeful

Oklahoma, tribes ready to talk; Don’t geofence me in

Oct. 28 is the date appointed for Oklahoma gaming tribes to meet with Attorney General Mike Hunter and find out just what Gov. Kevin Stitt (R) wants from them. As one chief put it, “We’re anxiously awaiting what their proposal is.” … Continue reading

Posted in Caesars Entertainment, Colorado, Dan Lee, DFS, Election, Full House Resorts, G2E, Genting, history, Indiana, Las Vegas Sands, Marketing, MGM Resorts International, Oklahoma, Oregon, Regulation, Sexual misconduct, Singapore, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts | 1 Comment

Should we ban Steve Wynn?; Caesars vote set

Perhaps anticipating the expiration of Steve Wynn‘s noncompete agreement with Wynn Resorts, the Nevada Gaming Control Board has filed a complaint against El Steve in court, saying he brought “discredit” upon the state of Nevada, reports KTNV-TV. Could this be … Continue reading

Posted in Caesars Entertainment, California, Carl Icahn, Cordish Co., Dining, Economy, Eldorado Resorts, Environment, Hard Rock International, history, Las Vegas Raiders, Louisiana, Marketing, Maryland, Massachusetts, Mohegan Sun, Regulation, Sexual misconduct, Steve Wynn, Tribal, Wall Street, Wynn Resorts | 2 Comments

Trail of breadcrumbs; Survey says …

Waiting for “breadcrumbs to fall off the truck.” That’s Gaming & Leisure Properties‘ self-described business plan. GLPI execs, including CEO Peter Carlino (left), were in Las Vegas for Global Gaming Expo and took the opportunity to chat with J.P. Morgan … Continue reading

Posted in AGA, Cosmopolitan, Economy, Entertainment, GLPI, history, Las Vegas Sands, MGM Mirage, Penn National, Real Estate, The Strip, Tourism, Tribal, TV | Comments Off on Trail of breadcrumbs; Survey says …

Quote of the Day

“The greatest obstacle to discovering the shape of the earth, the continents, and the oceans was not ignorance but the illusion of knowledge.”—Daniel J. Boorstin

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Dog ate Parx’s homework; Atlantic City Hilton sold … again

Parx Casino is out $1 million after overpaying its taxes and missing the deadline to file for a refund. So says a Pennsylvania judge. Parx had three years to rectify the overpayment and missed the deadline by a whopping six months. … Continue reading

Posted in Atlantic City, Caesars Entertainment, Colony Capital, G2E, Genting, Greenwood Racing, history, Japan, Mandalay Bay Massacre, MGM Resorts International, Politics, Resort fees, Rush Street Gaming, Security, Singapore, Sports, Sports betting, Taxes, Technology, Wall Street | 3 Comments

Doldrums, hope in Baton Rouge; AGA inducts three

It’s 25 years ago this month that casino gambling came to Baton Rouge. The mood, however, is far from celebratory as the city’s riverboats remain mired in a two-year slump, thanks to the Baton Rouge smoking ban. Some also blame … Continue reading

Posted in AGA, Arkansas, Eldorado Resorts, Environment, GLPI, history, Illinois, Louisiana, Mississippi, Penn National, Pinnacle Entertainment, Regulation, Sports betting, Taxes, Technology, The Strip, Tribal | Comments Off on Doldrums, hope in Baton Rouge; AGA inducts three

Quote of the Day

“One’s life has value so long as one attributes value to the life of others, by means of love, friendship, indignation and compassion.”—Simone de Beauvoir

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More from the Police Blotter; Adelson, il duce

Phil Ivey may owe Borgata $10 million for cheating at baccarat but the casino’s not going to overlook the chicken feed he makes in other tourneys. Borgata has set its sights on the $124,410 Ivey won in the last World … Continue reading

Posted in Atlantic City, Entertainment, history, Hooters, Law enforcement, MGM Resorts International, Regulation, Sexual misconduct, Sheldon Adelson, World Series of Poker, Wynn Resorts | Comments Off on More from the Police Blotter; Adelson, il duce

Adelson power play in Las Vegas, unease in Macao

Sheldon Adelson, it long has been clear, brooks no dissent. He bought the Las Vegas Review-Journal to make it a megaphone for his political views (anybody remember the Marco Rubio presidential campaign, the one the R-J endorsed three times to … Continue reading

Posted in Caesars Entertainment, China, Churchill Downs, Galaxy Entertainment, history, Horseracing, Illinois, Macau, Politics, Racinos, Sheldon Adelson, The Strip | 2 Comments

Sammy Naz strikes again; Stevens removes urban blight

While the ink has scarcely dried on the Sahara logo on the Las Vegas Strip, owner Alex Meruelo is already in hot water. The Las Vegas Review-Journal is reporting that Meruelo is being sued for unpaid licensing fees. In what … Continue reading

Posted in Alex Meruelo, Caesars Entertainment, Derek Stevens, Downtown, G2E, history, Illinois, Marketing, New Jersey, Racinos, Real Estate, Sahara, Sam Nazarian, SLS Las Vegas, Sports, Sports betting, Terry Caudill | Comments Off on Sammy Naz strikes again; Stevens removes urban blight

Train shows promise; Culinary sabotages Station

* We’re hearing a bit more on the Virgin Trains USA electric railway to Las Vegas. The first shovels are to go into the ground in 2023 and the route will mainly hew to the I-15 median. Completion is expected … Continue reading

Posted in Caesars Entertainment, California, Churchill Downs, Culinary Union, Dining, Florida, history, Horseracing, Illinois, Kentucky, Marketing, Nevada, Palms, Racinos, Station Casinos, Transportation, Wall Street | 1 Comment

Chicago casino tax damned; Kerkorian epoch ends

That Illinois casino expansion went back to the drawing board—the Illinois Gaming Board, to be exact. The topic of its ire was the 33% “privilege tax” hung around the neck of the Chicago casino (bringing its effective tax rate to … Continue reading

Posted in Churchill Downs, Dining, Downtown, Entertainment, Foxwoods, history, Illinois, Massachusetts, MGM Resorts International, Mohegan Sun, Rush Street Gaming, Tamares Group, Taxes, The Strip, Tilman Fertitta, Wall Street, Westgate LV | 1 Comment

Quote of the Day

“The first method for estimating the intelligence of a ruler is to look at the men he has around him.”—Niccolo Machiavelli

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Quote of the Day

“If you can only be tall because someone is on their knees, then you have a serious problem.”—Toni Morrison

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