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- If you can’t beat ’em, cheat ’em; Fun & games
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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- 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
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,530 views
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,647 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,070 views
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Category Archives: Horseracing
Quote of the Day
“[Internet-gaming analysts] believe that federal politicians are happy to play the pro-gambling crowd off of the anti-gambling crowd (and vice versa) in order to reap the reward of federal lobbying money. It’s something of a sport in Washington, and veterans … Continue reading
Posted in Current, Horseracing, Internet gambling, Politics
2 Comments
Big setback in Toronto; Wynn rebuffed; Cuomo’s winning streak
One of gaming’s biggest new markets went out with a whimper, not a bang, when colorful Toronto Mayor Rob Ford nixed a scheduled vote on whether to put a casino in the lakeside city, hoping to extract a $97 million … Continue reading
Posted in Colorado, Current, Dan Gilbert, Detroit, Economy, Harrah's, Horseracing, International, Massachusetts, MGM Mirage, New York, Penn National, Politics, Racinos, Regulation, Steve Wynn, Taxes, Texas, Tribal
1 Comment
Illinois: Quinn caves; Money grab in Missouri
That pesky Illinois Legislature writes up a new, gambling-expansion bill as fast as Gov. Pat Quinn (D, left) can veto the last one. Evidently worn down by long combat with lawmakers and facing a $100 million hole in the state’s … Continue reading
Steve Wynn turns into Debbie Downer; Caesars’ screwy priorities
Yes, the recovery in Las Vegas could be said to be a chastened and limping one. The national press will leap at just about anything to restart the “Vegas is back” narrative. And yes, CityCenter ROI improved exponentially … to … Continue reading
Posted in CityCenter, Current, Economy, Election, Harrah's, Horseracing, Macau, Massachusetts, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip
6 Comments
Good and bad ideas in marketing; Small is beautiful, Vegas
Break out a flagon of whatever Derek Stevens is drinking and put it on my tab, lads. To commemorate the first leg of the Triple Crown, he’s holding a May 3-4 Sigma Derby tournament. Buy-in starts at $50, so starting … Continue reading
MGM back into Atlantic City?
MGM Resorts International has a 50% stake in Borgata that nobody wants … except MGM. In bolstering move that Atlantic City sorely needs, MGM may get to reclaim its half of the resort (with the support of partner Boyd Gaming), … Continue reading
Hollywood, we have a problem; The Marrandino mystery
Ohio casinos had a below-average December, although the blow was softened by table hold of — YEOW! — 23%. That’s borderline-astronomical compared to Las Vegas averages for 2004-2011 period. It’ll help make up for slot revenues that suggest, with six … Continue reading
Posted in Atlantic City, Boyd Gaming, Cordish Co., Current, Dan Gilbert, Economy, Harrah's, Horseracing, Maryland, MTR Gaming, Ohio, Penn National, Racinos, Regulation, Wall Street
3 Comments
If you can’t beat ’em … move to Ohio
Faced with an intractable Kentucky Legislature and ineffectual advocacy by Gov. Steve Beshear (D-KY), one parimutuel powerhouse from the Bluegrass State is setting up shop in Ohio. Today, Churchill Downs Inc. (in tandem with Delaware North Cos.) closed on its … Continue reading
He’s Gaughan and done it again
Where others in Las Vegas hold back, Michael Gaughan plunges boldly forward. Using its iView platform, Bally Technologies has been holding virtual horse races, streamed across the slot floors of various tribal casinos. Pechanga Resort & Casino in California and … Continue reading
Toronto: Move over, Jim and Gary, here comes Sheldon
No disrespect to Steve Wynn, but the human starter gun for any serious casino race is now Sheldon Adelson. Except for China, he’s not been in any casino-expansion movement for the long haul since he lost Mirage Resorts. And with … Continue reading
Posted in Atlantic City, Current, Economy, Florida, Harrah's, Horseracing, International, Macau, MGM Mirage, New York, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Texas, Tourism
3 Comments
Insanity in Illinois, Philadelphia
If insanity is doing the same thing over and over (and over) and expecting a different result, then we have outbreaks of it in both the Illinois Legislature and the Philadelphia casino market. In Pennsylvania, lawmakers have the disposition of … Continue reading
Posted in Cosmopolitan, Harrah's, Horseracing, Neil Bluhm, New York, Penn National, Pennsylvania, Politics, Racinos, Regulation, The Strip, Tribal, Wall Street
2 Comments
Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?
That Aquinnah Wampanoag Tribe effort to obtain the coveted southeastern Massachusetts casino license is quickly being exposed as a thing of smoke and mirrors. Sure, the tribe can get a Class II casino on Martha’s Vineyard — it’s a done … Continue reading
Posted in Architecture, Atlantic City, CityCenter, Current, Dan Gilbert, Detroit, Donald Trump, Hard Rock Hotel, Harrah's, Horseracing, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Crown Entertainment, MGM Mirage, Ohio, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tribal, Wall Street, Warner Gaming
Comments Off on Massachusetts: Another one bites the dust; Sands Cotai: Hit or miss?
Case Bets: Sands, Caesars, Boyd, MGM & Wynn
After blowing a half-million dollars on lobbying in Massachusetts, cantankerous casino owner Sheldon Adelson took his ball and went home, as reported earlier. Las Vegas Sands‘ rather weak excuse: “[Boston] didn’t synch up with our business model.” Sands fails to … Continue reading
Internet gambling: It’s here, deal with it; Another delay in Massachusetts
It’s ironic that Sheldon Adelson is expending so much lungpower and cash to try and block federal legitimization of Internet poker and possibly other games. Washington has been left in the dust by individual states and, if it did try … Continue reading
Tropicana Toronto? CityCentre? Horseshoe Etobicoke?
There’s a dark horse in the race for a Toronto megaresort … very dark. It’s Onex Corp., known to you and me as the owner of the Tropicana Las Vegas. Onex subsidiary Casino ABS owns four of the largest casinos … Continue reading
Posted in Alex Yemenidjian, Current, Economy, Election, Harrah's, Horseracing, International, Kansas, Macau, Maryland, MGM Mirage, Midnight Jim Gibbons, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism, Wall Street
Comments Off on Tropicana Toronto? CityCentre? Horseshoe Etobicoke?
Canada to Caesars: “Bonehead!”; What’s (hidden) in a logo?
You can’t ask for a better diagnosis of what might be loosely called Caesars Entertainment‘s business plan than this anonymous comment from a Las Vegas Review-Journal reader: “Right now, their strategy for getting out of the hole appears to be … Continue reading
Posted in Economy, Harrah's, history, Horseracing, International, Marketing, MGM Mirage, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, The Strip
3 Comments
Revel: Can’t drive 55?; Another setback in Massachusetts
Revel, the new, $2.4 billion casino on the Boardwalk has been conducting a sort of “stealth opening,” conducting a two-month-plus dry run. Along with the stealth opening come what you might call “stealth revenues”: $13 million-plus in its first full … Continue reading
Lies, damned lies and Illinois statistics; SJM: Still hanging in there
If state Rep. Lou Lang (D), the economic Rasputin of the upper Midwest, and his allies in the horsey set were actually conspiring to topple Illinois‘ casino industry in favor of quick-and-dirty racinos, they’ve done it cunningly. Frontal attacks on … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Economy, Harrah's, Horseracing, Illinois, Indiana, Iowa, Macau, MGM Mirage, Missouri, Neil Bluhm, Penn National, Politics, Racinos, Slot routes, Stanley Ho, Wall Street
Comments Off on Lies, damned lies and Illinois statistics; SJM: Still hanging in there
Big Brother is triangulating you; Dark days for LVH, Riv; Pinnacle’s Lone Star play
Just to make sure you’re not piggybacking onto its mobile-gambling systems, Cantor Gaming is partnering with Locaid to provide “geo-fencing” for its pocket casinos, which can now be played damn near anywhere on a casino property. (The real endgame, however, … Continue reading