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Category Archives: Illinois
Rule or ruin in Illinois; A new deal in Detroit
State Rep. Lou “Death Wish” Lang (D, right) continues to dare, then double-dare Gov. Pat Quinn (D) to veto what’s now a 2.6X expansion of the number of gambling positions in the state of Illinois. Lang has offered a few … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Dan Lee, Detroit, Economy, Harrah's, history, Illinois, Indiana, International, Iowa, Louisiana, MGM Mirage, Mississippi, Missouri, Neil Bluhm, Penn National, Politics, Racinos, Reno, Slot routes, The Strip, Wall Street
3 Comments
Lies, damned lies & Illinois; Casino overboard!
Way to go, Joe Canfora! The Merit Casino CEO shows how impressive a statistic can sound when taken out of context. By stating “there are more slot machines per 100,000 people in Iowa than there are in Illinois,” Canfora craftily … Continue reading
Posted in Ameristar, Current, Economy, Harrah's, Illinois, Iowa, Midnight Jim Gibbons, Regulation
1 Comment
MSM tunes Steve Wynn out
Has Steve Wynn jumped the shark? That is a question I never, ever thought I’d be asking. But an interesting thing happened in the wake of Winn Wynn Resorts‘ most recent conference call. Toward the end, he went on his … Continue reading
Pat Quinn finally gets it
After four months of vacillation, Gov. Pat Quinn (D-IL) has gotten off the fence and announced his opposition to multiple racinos within Illinois (and to slot routes at airports). Noting that the state already subsidizes the sport of kings, he … Continue reading
Posted in Atlantic City, Current, Horseracing, Illinois, New York, Politics, Racinos, Regulation, Sports
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“The Paddy Factor”
(For film buffs: “The Paddy Factor” was the working title of what became the classic gangster movie, The Long Good Friday … and the rest was history.) A new “Paddy factor” got flung into the Vegas equation this week when … Continue reading
Tropicana of Cancer; Bucking the system
Alex Yemenidjian‘s efforts to reboot the Tropicana Las Vegas are sputtering quite badly these days. First, there’s the much-reported mess that is the Mob Experience, currently on the lam from foreclosure. Then a three-month extension of Gladys Knight‘s A Mic … Continue reading
The lost weekend; Machine Gun Bloom
When casino revenues weren’t as bad as expected, earlier this summer, one Atlantic City property executive called it a light at the end of the tunnel. Elsewhere, S&G reader American Gaming Guru pithily remarked that the light was an oncoming … Continue reading
Musical chairs; Perry’s hypocrisy
Those who go around, come around. The newly unveiled management team for the Margaritaville Casino in Biloxi has a distinct aura of déja vu. CEO Tom Brosig used to be Lyle Berman‘s right-hand man at Grand Casinos, whose Biloxi casino … Continue reading
Wanna get away from it all? Try Rampart!
Just how dead is Rampart Casino, formerly known as — among other things — The Resort at Summerlin, the big-budget folly that finished Swiss Casinos‘ attempt to become a major Vegas player? Well, when Chicago commodities broker-turned-fugitive Arthur Jones wanted … Continue reading
Posted in Cannery Casino Resorts, CityCenter, Current, Illinois, MGM Mirage, The Mob, The Strip
1 Comment
Quote of the Day
“You can’t make perfume out of a pile of garbage.” — Illinois Gaming Board Chairman Aaron Jaffe on the Legislature’s casino-expansion bill. Gov. Pat Quinn (D), meanwhile, remains noncommittal, even cryptic.
Posted in Illinois
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Lies, damned lies and smoking
Although Illinois‘ casino industry has fallen and can’t get up, the state’s smoking ban has nothing to do with it. Nada! That’s the contention of a study out of Washington University (my brother’s alma mater), which says that players “never … Continue reading
Posted in Current, Economy, Environment, Harrah's, Illinois, Indiana, Iowa, Missouri, Neil Bluhm, Penn National, Racinos, Regulation, Tribal
3 Comments
Illinois: Optimism or suicide?
It doesn’t matter to state Rep. Lou Lang (D, right) that Illinois‘ casino revenues are puny compared to those of neighboring Indiana or that St. Louis-area players are defecting in droves. He wants racinos and more casinos, by golly, and … Continue reading
Posted in Architecture, Boyd Gaming, Current, Economy, Entertainment, Harrah's, Illinois, Indiana, Internet gambling, James Packer, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, Missouri, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Taxes, Texas, Tribal
2 Comments
The Strip in April: Down and yet up; Gettysburg: The south loses again
According to the Nevada Gaming Control Board, casino revenue in the state was down 2% in April … except that it wasn’t. Since the month ended on a Saturday, slot revenue from the last two days of April got slopped … Continue reading
Posted in Ameristar, Boulder Strip, Boyd Gaming, California, Current, Economy, Harrah's, Illinois, Indiana, International, Isle of Capri, Lake Tahoe, Pennsylvania, Politics, Regulation, The Strip, Tourism, Transportation, Wall Street
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Illinois: How much worse can it get?
OK, the 9% dropoff in Illinois gambling dollars last month looks worse than it is because it mainly reflects the flood-enforced closure of Harrah’s Metropolis (left, -77%). All other casinos were down an aggregate 3%, and it didn’t much matter … Continue reading
The ‘hot’ list that’s not; Grumpy old Fulton; A threat from Quinn
A sudden barrage of commissions has been getting between me and S&G. At the very least, I can get a few quick hits in before the weekend. For instance … Earth to Vegas.com … while I realize that Las Vegas … Continue reading
Posted in Current, Economy, Entertainment, Harrah's, Horseracing, Illinois, MGM Mirage, Movies, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, The Strip, Tourism, Tribal, TV
3 Comments
Illinois’ suicide pact; Donald Trump, freeloader
Whether you spent Memorial Day grilling some bratwurst or, like me, crawling around with Murphy’s Oil Soap and a cleaning cloth, we did no harm. That can’t be said for the Illinois House of Representatives, which opened a can of … Continue reading
Posted in Bally Technologies, Current, Donald Trump, Economy, Horseracing, IGT, Illinois, Indiana, Iowa, Missouri, Penn National, Politics, Racinos, Regulation, Slot routes, Taxes, The Strip, WMS Industries
3 Comments
Quote of the Day
“[That’s] like saying that a third of the houses available are vacant, but let’s help the economy by building more houses.” — Illinois Casino Gaming Association Executive Director Tom Swoik, testifying against a bill that would more than double the … Continue reading
Herbst Gaming: new name, familiar faces
No, the company hasn’t been dissolved. But with the various Herbst boys having been run off — plus the negative brand equity created by their eponymous casino firm’s financial collapse — new ownership decided it’s time for a new moniker. … Continue reading
Atlantic City: Fertitta in, Trump out; Inside Pokergeddon
Trump Marina became “RUMP Marina” this week (watch the video), as workers began removing vestiges of the Donald J. Trump era from the property. New owner Landry’s Restaurants is wasting no time putting its Golden Nugget imprimatur on the last-place … Continue reading
Posted in Ameristar, Atlantic City, Colony Capital, Cordish Co., Current, Dining, Downtown, Economy, Harrah's, history, Horseracing, Illinois, International, Internet gambling, Isle of Capri, Marketing, Penn National, Regulation, Station Casinos, Steve Wynn, Wall Street
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Has Illinois finally bottomed out? Trop shakeup; Big markdown on Trump
Sorry to disappoint, but we won’t have the answer until June–August, three straight months with the same number of weekend days as last year. By that point we’ll know whether April‘s 2% increase was the beginning of a trend. Last … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Environment, George Maloof, Harrah's, Illinois, Indiana, Maryland, MGM Mirage, Missouri, Penn National, Phil Ruffin, Steve Wynn, The Strip, Tropicana Entertainment
3 Comments
