Category Archives: Horseracing

Building better mousetraps

Posted on March 6, 2014 by David McKee

Were I Steve Wynn, I would be feeling somewhat discouraged by my prospects in Massachusetts. Just look at what happened to Cordish Gaming. Its Leominster slot-parlor proposal got high marks, but was ultimately passed over because Penn National Gaming‘s rival … Continue reading →

Posted in Atlantic City, Cordish Co., Entertainment, Horseracing, Marketing, Massachusetts, Mohegan Sun, Penn National, Reno, Steve Wynn, Technology, Transportation, Warner Gaming | Comments Off

Empire State scramble; Stalemate in Kentucky; Too cozy in Ohio?

Posted on March 5, 2014 by David McKee

Casino expansion continues to speed along in New York State, where college president Mark Gearan (right) has been formally installed as New York State Gaming Commission chairman, filling out the five-member body. Prior to taking office, he was presented with some … Continue reading →

Posted in Cordish Co., Downtown, Entertainment, Horseracing, Kentucky, New York, Ohio, Penn National, Politics, Racinos, Regulation, Technology, The Strip | Comments Off

Case Bets: Sands, Atlantic City, Maryland, Isle of Capri, Churchill Downs, etc.

Posted on February 28, 2014 by David McKee

Las Vegas Sands lost more top executive talent when Sands Bethworks President Robert DeSalvio handed in his notice. He’ll be at the casino through mid-March but the move seems to have caught Sands off-guard. The latter assured reporters that DeSalvio’s … Continue reading →

Posted in Atlantic City, Churchill Downs, Cordish Co., Foxwoods, Harrah's, Horseracing, Illinois, International, Isle of Capri, Kentucky, Louisiana, Maryland, Pennsylvania, Sheldon Adelson, Tilman Fertitta, Wall Street | 1 Comment

Massachusetts: Penn wins

Posted on February 28, 2014 by David McKee

Oh, cruel fate. It looked like that Massachusetts slot parlor was in the bag for Cordish Gaming and the city of Leominster. After all, Massachusetts Gaming Commission Chairman Stephen Crosby had rated the project as “very good,” adding, “Thus our … Continue reading →

Posted in Cordish Co., Greenwood Racing, Horseracing, Illinois, Massachusetts, Penn National, Politics, Racinos, Regulation, Rhode Island, Slot routes, Wall Street | Comments Off

Churchill Downs gets singed, casino creditors get burnt

Posted on February 10, 2014 by David McKee

Nick Ribis, a contentious figure in the Atlantic City casino scene is at it again. Or so contends a lawsuit by Churchill Downs. The racino company claims it paid Ribis $2.5 million “to develop and operate” Internet gambling on its … Continue reading →

Posted in Atlantic City, Churchill Downs, Colony Capital, Florida, Foxwoods, Harrah's, Horseracing, Internet gambling, Massachusetts, Mohegan Sun, Racinos, Revel, Sam Nazarian, Tribal | 1 Comment

Foxwoods shows persistence & other Case Bets

Posted on January 28, 2014 by David McKee

Foxwoods Massachusetts is back and going all in with a proposal for a $750 million facility in Fall River. This means there is finally a heavyweight contender for the southeastern regional license — albeit a company that voters tossed out … Continue reading →

Posted in California, Election, Foxwoods, Harrah's, Horseracing, Internet gambling, Marketing, Massachusetts, Ohio, Racinos, Texas, Tribal | 1 Comment

Momentum builds in Japan

Posted on January 28, 2014 by David McKee

We’ve been hearing about the U.S. casino companies that want to build megaresorts in Japan, as that company gears up for the 2020 Olympic Games. That’s all well and good. But major forces in Japanese industry are putting some elbow … Continue reading →

Posted in Foxwoods, Harrah's, Horseracing, Japan, Massachusetts, Pennsylvania, Tourism | Comments Off

Palmetto State stalemate; Wynn strikes again

Posted on January 23, 2014 by David McKee

Back in 2005, the State of South Carolina, bowing to the inevitable, legalized cruise-to-nowhere gambling ships that operate out of Palmetto State ports. Now the Catwaba Indian Nation hopes to leverage that legislation into VLTs for itself. The state says … Continue reading →

Posted in Atlantic City, Churchill Downs, Harrah's, Horseracing, Internet gambling, Kentucky, South Carolina, The Strip, Tribal | Comments Off

They burn the Monte Carlo, don’t they?; Cantor gets slammed

Posted on January 14, 2014 by David McKee

Yes, there’s been another fire at the Monte Carlo. This one was confined to the Double Barrel Saloon and there was only one injury, most importantly. That place has some rough luck, doesn’t it? It doesn’t matter what Cantor Gaming … Continue reading →

Posted in Bally Technologies, Cantor Gaming, Current, Horseracing, MGM Mirage, Monte Carlo fire, Regulation, The Strip | Comments Off

This won’t help A.C. and other case bets

Posted on January 6, 2014 by David McKee

Handle at Meadowlands Racetrack rose 32% (or $55 million) last year. That’s not what Atlantic City casinos need to hear at a time when they’re just trying to tread water. It’s bad enough that Caesars Entertainment and Tropicana Entertainment are … Continue reading →

Posted in Atlantic City, Cordish Co., Entertainment, Environment, Harrah's, Horseracing, Macau, Maryland, Mohegan Sun, Ohio, Penn National, Planet Hollywood, Tropicana Entertainment | Comments Off

Adelson undeterred; Winners and losers

Posted on December 23, 2013 by David McKee

I’m not sure which part of this story is more alarming: That Affinity Gaming was the victim of a widespread identity-theft scheme for seven months … or that the company didn’t disclose it until late this year. It certainly makes … Continue reading →

Posted in Affinity Gaming, Atlantic City, California, Dan Gilbert, Detroit, Environment, Florida, Harrah's, Horseracing, International, Internet gambling, Japan, Macau, New York, Ohio, Penn National, Problem gambling, Sheldon Adelson, Singapore, Stanley Ho | Comments Off

Racing the clock at Foxwoods, in Philly

Posted on November 15, 2013 by David McKee

It’s entirely possible that Milford voters could pink-slip Crossroads Massachusetts next Tuesday. But even if they don’t, Foxwoods Casino Resort CEO Scott “Woody” Butera is watching the project crumble before his very eyes. The Massachusetts Gaming Commission looked at the … Continue reading →

Posted in CityCenter, Cordish Co., Current, Dining, Election, Foxwoods, Horseracing, Kansas, Maryland, Massachusetts, Penn National, Pennsylvania, Regulation, Steve Wynn, Tomato King Procacci, Wall Street | Comments Off

MGM Springfield keeps its fingers crossed

Posted on November 7, 2013 by David McKee

And then there was one … MGM Springfield. But you won’t hear MGM Resorts International execs popping champagne corks or seeing them do victory laps. The Massachusetts Gaming Commission has already warned that it’s not required to issue a license. … Continue reading →

Posted in Dan Gilbert, Horseracing, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Racinos, Regulation, Reno, Stanley Ho, Uncategorized | Comments Off

Election Day!; Mad Max; Deadpan humor in Wisconsin

Posted on November 5, 2013 by David McKee

Today’s a big day for casino-related votes in New York State and Massachusetts. In the former, New York City holds the key to the outcome. The Five Boroughs are expected to represent for 42% of statewide voting. Mind you, NYC wouldn’t … Continue reading →

Posted in Atlantic City, Current, Economy, Election, Foxwoods, Harrah's, history, Horseracing, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, New York, Pennsylvania, Politics, Racinos, The Strip, Tourism, Tribal, Wisconsin | Comments Off

Good news, bad news for Suffolk Downs; Wynn shaken down

Posted on October 31, 2013 by David McKee

Congratulations, Suffolk Downs. You’ve been approved as a casino bidder — but the voters might nix the whole shebang. Although Suffolk Downs is bereft of an operator, having given Caesars Entertainment the heave-ho. (The latter remains in deep water, financially, making noises … Continue reading →

Posted in Foxwoods, Hard Rock International, Harrah's, Horseracing, Internet gambling, Massachusetts, Mohegan Sun, Neil Bluhm, Oklahoma, Problem gambling, Regulation, Sheldon Adelson, Steve Wynn, Tribal | Comments Off

Caesars tries to change the subject; Penn makes its case

Posted on October 23, 2013 by David McKee

As Caesars Entertainment skulks away from Massachusetts, tail between legs, a campaign of manufactured outrage continues to be mounted on its behalf. At its baseline is an attempt to minimize the reasons why the Massachusetts Gaming Commission was poised to … Continue reading →

Posted in Harrah's, Horseracing, Internet gambling, Maryland, Massachusetts, MGM Mirage, Penn National, Problem gambling, Regulation, Stanley Ho, The Mob | Comments Off

Great idea, little hope; Another Palms flop

Posted on September 27, 2013 by David McKee

“I grew up playing Atari and Nintendo, and I want to believe my skill in these games has some effect on the outcome.” So says American Gaming Association President Geoff Freeman, lending his support to a new line of skill-based … Continue reading →

Posted in Bally Technologies, Dining, Foxwoods, G2E, Horseracing, IGT, Mohegan Sun, Palms, Technology | 1 Comment

Quote of the Day

Posted on September 25, 2013 by David McKee

“The gambling industry now finds itself at El Dorado’s doorstep. And the governor tells us not to worry. He is righteous, and the industry will be carefully regulated.” — the New York Times’ Michael Powell, weighing in with high, Victorian … Continue reading →

Posted in Genting, Horseracing, New York, Racinos, Regulation | Comments Off

“George” deal for Palmer; Resorts World in peril; Walker’s fan dance

Posted on August 30, 2013 by David McKee

Mohegan Sun ran out its host-community agreement with Palmer and it’s pretty clear that no expense will be spared to close the deal, either now or in a couple of months at the ballot box. The Mohegans are promising the … Continue reading →

Posted in Genting, Horseracing, Illinois, Massachusetts, MGM Mirage, Mohegan Sun, New York, Racinos, Regulation, Taxes, Tribal, Wisconsin | 1 Comment

Men of La Mancha; Delaware: Taxation without benefit

Posted on July 23, 2013 by David McKee

While the attempted boycott of his Venelazzo poker rooms fizzles, Sheldon Adelson continues to look overseas. However, his EuroVegas will be beaten to the punch, or so it appears. Rival project BCN World has the jump on him, at least … Continue reading →

Posted in CityCenter, Current, Delaware, Dining, Entertainment, Hard Rock Hotel, Harrah's, Horseracing, International, James Packer, Lawrence Ho, Melco Crown Entertainment, New York, Racinos, Sheldon Adelson, Taxes, Tribal | 3 Comments