Category Archives: Internet gambling

The truly big game: Sports betting; Trump vs. tribes … or not?

Posted on June 28, 2017 by David McKee

Going out on a limb, I. Nelson Rose predicts the Supreme Court will rule in New Jersey‘s favor with regard to sports betting. As he notes, “[Chief Justice John Roberts] and the other conservative members of the Court would like … Continue reading →

Posted in Atlantic City, Donald Trump, Geoff Freeman, history, Internet gambling, Politics, Regulation, Sports, Tilman Fertitta, Tribal | Comments Off

Eyeball-to-eyeball in Pennsylvania; The tomato cans cometh

Posted on June 26, 2017 by David McKee

Pennsylvania‘s i-gaming legislation could fall apart, as New York State’s shamefully did (Gary Pretlow should change his name to Mr. Useless) but both houses are presently trying to find a satisfactory middle ground. Slot routes stick in the craw of … Continue reading →

Posted in Horseracing, Internet gambling, Massachusetts, New York, Pennsylvania, Philippines, Politics, Regulation, Slot routes, Sports, Taxes, The Strip, Tribal | Comments Off

DFS mega-merger stalled; Regulating e-sports

Posted on June 26, 2017 by David McKee

It looks like the Trump administration isn’t going to be completely laissez-faire, at least as far as the DraftKings/FanDuel merger is concerned. In cooperation with the State of California and the District of Columbia, the Federal Trade Commission has filed … Continue reading →

Posted in California, Foxwoods, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Regulation, Sports | Comments Off

The heat is on; As Vegas warms up, so does its economy

Posted on June 21, 2017 by David McKee

Two of the nation’s premier casino markets — Las Vegas and Phoenix — are grappling with Baghdad-size temperatures, with more to come, not for months but years. (See video embed.) Coping with the Las Vegas Strip, if you dare, mandates … Continue reading →

Posted in Atlantic City, Delaware, Economy, Environment, Genting, Golden Gaming, International, Internet gambling, MGM Mirage, Neil Bluhm, Nevada, Pennsylvania, The Strip, Wall Street | Comments Off

That wacky Glenn Straub; New York caves on ‘Net bets

Posted on June 20, 2017 by David McKee

Call it Revel, call it Ten but, whatever you do, call it “closed.” Because that’s what Revel is. Owner Glenn Straub is frittering away the prime earning weeks of the year while he fights with state and local officials, whether … Continue reading →

Posted in Atlantic City, Cosmopolitan, Donald Trump, Environment, Glenn Straub, Internet gambling, New York, Pennsylvania, Politics, Regulation, Revel | Comments Off

Phlegmatic about Macao; New Jersey warns Trump

Posted on June 19, 2017 by David McKee

* Wall Street analysts have been descending upon Macao and we’re told to expect a rebranding of Sands Cotai Central “as its brand doesn’t have traction like Venetian, Wynn, and City of Dreams,” writes JP Morgan analyst Joseph Greff. That … Continue reading →

Posted in Donald Trump, Internet gambling, Kazuo Okada, Law enforcement, Macau, Melco Crown Entertainment, Philippines, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Crown 18, Transportation, Wall Street | Comments Off

Adelson fights for dirty power; Hard Rock on the move

Posted on June 15, 2017 by David McKee

Fossil fuel-loving fossil Sheldon Adelson is putting heavy pressure on Nevada Gov. Brian Sandoval (R) to veto a bill that would increase the production of renewable energy in the Silver State. And when Adelson says “Jump!”, Sandoval asks “How high?” … Continue reading →

Posted in Environment, Florida, Hard Rock International, International, Internet gambling, MGM Mirage, Ohio, Politics, Regulation, Sheldon Adelson, Taxes | Comments Off

Better times come to Atlantic City; Wynn Boston Harbor sets opening date

Posted on June 15, 2017 by David McKee

May’s gambling grosses are in from the Boardwalk and Atlantic City is up 2.5% since last year — 11% if Trump Taj Mahal is subtracted from the comparison. Terrestrial casinos pulled in $208 million, while Internet gambling grossed a further … Continue reading →

Posted in Affinity Gaming, Architecture, Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Dan Gilbert, Detroit, Golden Gaming, Goldman Sachs, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, North Las Vegas, Palms, Phil Ruffin, SLS Las Vegas, Station Casinos, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off

Bonacic: Let’s make a deal; Freeman makes sports-betting case

Posted on June 14, 2017 by David McKee

You could soon be able to play Internet poker in New York State — by going to a casino. That’s the compromise proposed by Senate Racing, Wagering & Gaming Committee Chairman John Bonacic (R). Only casinos and racinos would be eligible to … Continue reading →

Posted in Economy, Genting, Geoff Freeman, Internet gambling, Lawrence Ho, Massachusetts, New York, Philippines, Politics, Regulation, Sports, Taxes | Comments Off

Stratosphere: From Goldman to Golden; Christmas tree for gamers in Pennsylvania

Posted on June 12, 2017 by David McKee

Goldman Sachs has had enough of the casino business. Either that or the price was right. Whatever the case, Golden Entertainment has just executed the greatest coup of its brief existence. It has purchased Las Vegas icon the Stratosphere. In … Continue reading →

Posted in Baseball, Boulder Strip, Carl Icahn, Foxwoods, Golden Gaming, Goldman Sachs, Internet gambling, Laughlin, MGM Mirage, Mohegan Sun, Pennsylvania, Regulation, Sheldon Adelson, Slot routes, Sports, Taxes, The Strip, Tribal | Comments Off

Pennsylvania bill gives some, takes more; MGM discloses new plans

Posted on June 8, 2017 by David McKee

Pennsylvania‘s House of Representatives has passed a gambling-expansion bill that gives with one hand but takes away more with the other. The bill, which still must pass the state Senate would: legalize DFS, pending a 19% tax and $50,000 licensing … Continue reading →

Posted in CityCenter, Dan Gilbert, GLPI, Hard Rock International, Internet gambling, Macau, MGM Mirage, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Slot routes, Taxes, Wall Street | 1 Comment

Galaxy targets Japan; Tribes expand Connecticut demands

Posted on June 2, 2017 by David McKee

“We believe that Japan has a huge opportunity to create something unique that doesn’t just follow the Vegas model seen in many other markets around the world.” With those words, Galaxy Entertainment President Michael Mecca announced that Galaxy was in … Continue reading →

Posted in Downtown, Economy, Foxwoods, Galaxy Entertainment, Illinois, Internet gambling, Japan, Lucky Dragon, Macau, MGM Mirage, Mohegan Sun, Neil Bluhm, Politics, Taxes | Comments Off

Sands Bethlehem sale fizzles; Packer peddles Alon acreage

Posted on May 25, 2017 by David McKee

For the second time, Las Vegas Sands has decided that Sands Bethlehem was too valuable to sell, especially after it set a state record for table game revenue. (Earlier, Sands was bruited to be in talks with Tropicana Entertainment to … Continue reading →

Posted in Atlantic City, Charity, Eldorado Resorts, Harrah's, Internet gambling, Iowa, Isle of Capri, James Packer, Macau, Melco Crown Entertainment, MGM Mirage, Pennsylvania, Phil Ruffin, Sheldon Adelson, Slot routes, Steve Wynn, The Strip, Tropicana Entertainment | Comments Off

Packer bows out; Adelson puts moves on Brazil

Posted on May 12, 2017 by David McKee

There’s now 100% less “Crown” in Melco Crown Entertainment. Colorful casino baron James Packer has sold his share in the company for $1.2 billion. Reuters describes the move as “ending a fraught offshore expansion and freeing up cash for new … Continue reading →

Posted in Architecture, Atlantic City, Australia, Boyd Gaming, Harrah's, International, Internet gambling, Iowa, James Packer, Japan, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Politics, Problem gambling, Regulation, Sheldon Adelson, Sports, Station Casinos, The Crown 18, The Strip, Wall Street | Comments Off

Freeman: Let my people bet!

Posted on May 11, 2017 by David McKee

Undistracted by the current shenanigans in Washington, D.C., the American Gaming Association‘s Geoff Freeman is staying on course about legalized sports betting. The AGA recently commissioned a Greenberg Quinlan Rosner poll that concluded — surprise! — that most Americans favor legalized … Continue reading →

Posted in Ameristar, Baseball, Boyd Gaming, Economy, Foxwoods, Full House Resorts, Geoff Freeman, GLPI, Harrah's, Indiana, Internet gambling, Majestic Star, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, Penn National, Pinnacle Entertainment, Politics, Racinos, Sports, Tribal, Tropicana Entertainment | Comments Off

No casino is an Isle-and; Florida fails again

Posted on May 4, 2017 by David McKee

Eldorado Resorts took another big step toward gaming’s major leagues with its acquisition of Isle of Capri Casinos, a deal that closed earlier this week. The purchase gives Eldorado 12 more casinos, including a presence in the important Lake Charles … Continue reading →

Posted in Dan Gilbert, Eldorado Resorts, Florida, GLPI, Hard Rock International, history, Internet gambling, Isle of Capri, Japan, Louisiana, Ohio, Penn National, Pennsylvania, Politics, Reno, Seminole Tribe, Technology | Comments Off

Nevada is #1; Atlantic Club plans dashed

Posted on May 2, 2017 by David McKee

Congratulate yourself, Nevadans. Your state has been deemed “most fun” by WalletHub. This is despite only mediocre rankings in movie theaters and amusement parks per capita (27th and 28th, respectively). Nevada was tops in casinos — big surprise, I know … Continue reading →

Posted in Atlantic City, California, Donald Trump, Entertainment, Harrah's, International, Internet gambling, Law enforcement, Nevada, Philippines, Sports, Steve Wynn, Technology, Tribal | Comments Off

Quote of the Day

Posted on May 1, 2017 by David McKee

“We are trying to knock down some sort of silly notion that you could have tax parity between iGaming and the slot machines and that it could be a successful industry and we’re trying to convince them that if they … Continue reading →

Posted in Internet gambling, Penn National, Pennsylvania, Taxes | Comments Off

Paradise Park approved; Sweeping compromise in Florida

Posted on April 28, 2017 by David McKee

Wynn Paradise Park is finally a “go,” the Wynn Resorts board having given a downsized version of the resort its blessing, Construction of the 20-acre lagoon and accompanying convention center may begin before the year is out, perhaps as early … Continue reading →

Posted in Florida, Genting, Illinois, Internet gambling, Kansas, Macau, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tribal | 1 Comment

Conservatives diss Adelson; Penn loses court battle

Posted on April 21, 2017 by David McKee

If Attorney General Jeff Sessions goes ahead with a ban on Internet gambling, he could be in for a world of hurt. Never mind the states with online casinos. He’d be messing with the states that have online lotteries, a … Continue reading →

Posted in Charity, Donald Trump, Florida, Genting, Internet gambling, Iowa, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Taxes | 1 Comment