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Category Archives: Internet gambling
Big bounce in Louisiana; Poker and booze go better together
Compared with a flood-plagued March of 2015, business was booming at Louisiana casinos, up 10%, especially Baton Rouge (+20.5%), although New Orleans was flat. JP Morgan analyst Joseph Greff is predicting less salubrious results in April, blaming the Easter Bunny, among … Continue reading
Posted in Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, Foxwoods, Genting, GLPI, Harrah's, IGT, Internet gambling, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Regulation, South Korea, Taxes, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment, Wall Street
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Quote of the Day
“They passed Keno and they passed the online buying of lottery tickets so they must like gambling.” — ever-optimistic New Hampshire state Sen. Lou D’Allesandro (D) on the Granite State’s Legislature, where the House of Representatives has voted down casinos 19 … Continue reading
Posted in Internet gambling, New Hampshire, Politics
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Adelson buys Trump; Caesars, MGM stiff players
We always knew Sheldon Adelson was fundamentally shameless — remember when he would gush with praise of Red China? — and this photo of him cuddling up to sometime anti-Semite Steve Bannon just proves it. What’s newsworthy, though, is why Adelson may have … Continue reading
Posted in Donald Trump, Harrah's, Internet gambling, MGM Mirage, Sheldon Adelson, The Strip
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Saturation in Ohio; Japan: Go big or go home
Ohio Gov. John Kasich (R) leveled the playing field when he allowed third-party racinos to join the juiced-in Penn National Gaming and Caesars Entertainment casinos in the Buckeye State. The question now is how level a playing field is a … Continue reading
Posted in Detroit, Economy, Genting, GLPI, Hard Rock International, Harrah's, International, Internet gambling, Iowa, Japan, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Technology, Wall Street
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Quote of the Day
“As a Republican, [Attorney General Jeff Sessions] should also favor letting people and the states that represent them make their own decisions and be very cautious about setting a dangerous anti-federalism precedent, not just for online gambling, but for any number … Continue reading
Posted in Internet gambling, Politics, Sheldon Adelson
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Atlantic City runs the table; Next, the “Osaka Strip”?
It’ll take a lot more than an extra weekend day to account for a 7% spike in Atlantic City‘s gaming revenue. When you subtract the corpse of Trump Taj Mahal from the body count, the year over year comparison is … Continue reading
Posted in Atlantic City, Dan Gilbert, Detroit, Hard Rock International, Harrah's, Internet gambling, Japan, MGM Mirage, Mohegan Sun, PokerStars, Problem gambling, Sports, Tilman Fertitta, Wall Street
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Governors to Sessions: Butt out!
If Attorney General Jeff Sessions was thinking about re-reinterpreting the Federal Wire Act, he might want to think again. The National Governors Association composed a letter to Sessions in which it said, “States are best equipped to enforce and regulate … Continue reading
Posted in Internet gambling, Iowa, Minnesota, Politics, Tribal
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Trump’s Amman Castle?; Wynn goes 0-for-2
Gambling is illegal in Jordan but that doesn’t stop Donald Trump. The new president’s company has renewed the trademark for a Jordanian casino. This won’t play well with religious hawks in the Hashemite kingdom, who went into full cry when … Continue reading
Posted in Donald Trump, Genting, Glenn Straub, International, Internet gambling, Japan, Macau, Revel, Steve Wynn, The Strip
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Trump’s Vegas Castle?; Florida Lege speaks with forked tongue
Just a few months ago, the idea of a Donald Trump-branded casino on the Las Vegas Strip would have seemed like a joke. Trump’s brand equity in gaming had dwindled to zilch and the man himself was out of gaming … Continue reading
Posted in Australia, Donald Trump, Economy, Florida, Internet gambling, Macau, Mississippi, Phil Ruffin, Politics, Racinos, Seminole Tribe, The Strip, Transportation
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Gaming up nationally — but Louisiana gets hammered
America‘s casino industry had a winning month in January, up 3.5% to $3.4 billion. Even Illinois, which has never recovered from the smoking ban, was in the top four, behind Nevada (naturally), Pennsylvania and Louisiana. The only serious loser was … Continue reading
Posted in Affinity Gaming, Atlantic City, Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, GLPI, Harrah's, Illinois, Internet gambling, Isle of Capri, Louisiana, Marketing, Maryland, Ohio, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Taxes, Tilman Fertitta, Tropicana Entertainment, West Virginia
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Pennsylvania: Land of confusion
When it comes to making gaming policy in Pennsylvania, handwringing Gov. Tom Wolf (D) is no help at all. He wants another $100 million in gaming revenue — but only if it doesn’t come at a cost to existing casinos … Continue reading
Posted in Atlantic City, Detroit, Internet gambling, Kansas, North Dakota, Pennsylvania, PokerStars, Politics, Regulation, Tribal
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Atlantic City suffers February hiccup; Caesars K.O.’d in Korea
All good things must end and, in the case of Atlantic City, a pretty steady comeback hit a pothole in December, with business down 2%. Even Borgata ($58 million) was down a percentage point. Citywide, slot revenue was actually up … Continue reading
Posted in Atlantic City, Carl Icahn, Dan Gilbert, Detroit, Glenn Straub, Golden Gaming, Greenwood Racing, Hard Rock International, Harrah's, Internet gambling, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Pennsylvania, PokerStars, Revel, Sheldon Adelson, South Korea, Tropicana Entertainment
1 Comment
Adelson ban bombs with conservatives
If Sheldon Adelson was hoping to be hailed at the recent Conservative Political Action Conference, he got a rude surprise. Attendees blew a raspberry to his pet cause, Protect America’s Wire Act. One dissident, Institute for Liberty President Andrew Langer … Continue reading
Posted in Internet gambling, Japan, Law enforcement, Massachusetts, Mohegan Sun, New York, Penn National, Politics, Sheldon Adelson, Singapore, Steve Wynn, Wall Street
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Quote of the Day
“As a player organization, the Poker Players Alliance takes consumer protections very seriously. I would argue that states like Nevada, New Jersey and Delaware have created a far more reasonable and effective approach to consumer protections than those who would simply … Continue reading
Posted in Atlantic City, Delaware, Internet gambling, Nevada, Pennsylvania, Regulation
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MGM tipped as Sands Bethlehem buyer
It’s definite: Las Vegas Sands is shopping Sands Bethlehem, no matter what Ron Reese tells you. Company executives visited Pennsylvania Gaming Control Board Commissioner Richard G. Jewell with the news, which he confirmed to the Allentown Morning Call. Corroboration came … Continue reading
Posted in Carl Icahn, Georgia, Internet gambling, Maryland, Massachusetts, MGM Mirage, Movies, New York, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Tropicana Entertainment
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Huge January in Nevada; Georgia nixes casinos (again)
Sinusitis had us down for the count for a few days but we’re back with a fresh serving of S&G. First off, New Year’s was boffo for Nevada (up 12%) with the Las Vegas Strip pulling in 14% more than … Continue reading
Posted in Boulder Strip, Downtown, Georgia, Internet gambling, Lake Tahoe, Laughlin, Mesquite, New York, North Las Vegas, Politics, Reno, South Carolina, Taxes, The Strip
1 Comment
MGM lands big fish; Black-market casino busted in Georgia
MGM Resorts International took it on the chops from Deutsche Bank analyst Carlo Santarelli, who said of 4Q16 results that they “were undoubtedly surprising, in the wrong direction in this instance as property EBITDA fell well short of forecasts, most … Continue reading
Sports betting a political football; Lucky Dragon doing just fine
Lawmakers in Maryland are entering the fray over sports betting. Unlike their counterparts in New Jersey, they’re not challenging the federal government directly. The proposed law, as drafted, would make sports betting legal in the Free State *if* the Bradley … Continue reading
Posted in Ameristar, Boyd Gaming, Cordish Co., Delaware, Dining, Donald Trump, Georgia, GLPI, Harrah's, Hawaii, Internet gambling, Isle of Capri, Lucky Dragon, Macau, Maryland, MGM Mirage, Mississippi, Missouri, Neil Bluhm, New York, Penn National, Philippines, Pinnacle Entertainment, Politics, Racinos, Singapore, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street
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Quote of the Day
“A comment by U.S. Attorney General-designate Jeff Sessions that he would ‘revisit’ the Department of Justice‘s opinion on the legality of online gaming also has been ‘overblown,’ [Chris Grove and Adam Krejcik] write. Sessions declined to be a co-sponsor in recent … Continue reading
Posted in Atlantic City, Internet gambling, Politics
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AGA sacks NFL; Ten opening on tenterhooks
Yes, we’re coming up on “The Big Game” and the American Gaming Association is as pass-happy as the New England Patriots and Atlanta Falcons offenses. It’s lobbing bombs anywhere from Eau Claire to Huntsville, from Fox Business Network to CBS Boston, … Continue reading
Posted in Atlantic City, Entertainment, Geoff Freeman, Glenn Straub, International, Internet gambling, New York, Regulation, Revel, South Dakota, Sports, TV
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