Category Archives: Internet gambling

Florida to Seminoles: F@&k you!

Posted on January 30, 2017 by David McKee

Although we’ve yet to hear from the Seminole Tribe, it’s a pretty strong bet that they’re not going to like Florida state Senate President Bill Galvano‘s proposed gaming-expansion legislation one darn bit. In a unanimous vote, Galvano’s Senate Regulated Industries … Continue reading →

Posted in Florida, Horseracing, Internet gambling, Politics, Racinos, Seminole Tribe | 2 Comments

Wynn Palace a work in progress; Hawaii ponders i-gaming

Posted on January 27, 2017 by David McKee

Wall Street analysts were pleasantly surprised by the latest results from Wynn Palace, which exceeded expectations. As JP Morgan analyst Joseph Greff wrote, the Palace “has reconfigured the main casino floor (mass market), adding new slot/poker sections and opening up … Continue reading →

Posted in Delaware, Economy, Hawaii, Internet gambling, Macau, Massachusetts, Neil Bluhm, Nevada, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, Technology, The Strip, Wall Street | Comments Off

Maryland: Playing the blame game; Island casinos confront Trump

Posted on January 25, 2017 by David McKee

As might be expected, MGM National Harbor‘s opening strapped a jet pack on Maryland casino revenues for December, which came in at $133.5 million, easily surpassing last May’s then-record $104 million. Wagering — as opposed to win — per slot … Continue reading →

Posted in Cordish Co., Donald Trump, Economy, Harrah's, Horseracing, Illinois, International, Internet gambling, Macau, Maine, Maryland, MGM Mirage, Penn National, Racinos, Regulation, Slot routes, Taxes, Tribal | Comments Off

Quote of the Day

Posted on January 23, 2017 by David McKee

“I believe the right answer is it can be done, if it is done correctly. That being said, there are some disturbing decisions out there regarding how [the Indian Gaming Regulatory Act] would work with gaming off Indian lands. I think it … Continue reading →

Posted in Internet gambling, Regulation, Tribal | Comments Off

Plainridge Park defies the odds; Gaming advocate’s conflict unearthed

Posted on January 23, 2017 by David McKee

States with lotteries are loath to let casinos in their borders. It’s an idea that’s D.O.A. in Nevada and Kansas protected its flank by making the casinos the property of the state lottery. However, a study by the Massachusetts Gaming … Continue reading →

Posted in Economy, Florida, Geoff Freeman, Hard Rock International, Internet gambling, Kansas, Massachusetts, Neil Bluhm, Nevada, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe | Comments Off

MGM’s big rake in Washington; Resort projects power Massachusetts

Posted on January 18, 2017 by David McKee

It should come as no surprise that Washington, D.C., the land of smoke-filled rooms where sleazy deals are made, should be deliver a bumper crop of players to MGM National Harbor‘s 39-table poker room. Even with a truncated month of … Continue reading →

Posted in Architecture, Donald Trump, Geoff Freeman, GLPI, International, Internet gambling, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Philippines, Politics, Regulation, Rhode Island, Singapore, Sports, Steve Wynn, Taxes, Tourism, Vietnam, Wall Street | 1 Comment

Trump: The Fix is In; Battle of Gettysburg III

Posted on January 16, 2017 by David McKee

Gaming executives who are buddies with Donald Trump just got a rude surprise when attorney general nominee Sen. Jeff Sessions (R) said he was “shocked” by the 2011 reinterpretation of the Wire Act, whereby Internet gaming became legal. This sets … Continue reading →

Posted in Atlantic City, Donald Trump, Economy, Harrah's, history, Horseracing, Internet gambling, Maryland, Pennsylvania, Problem gambling, Sheldon Adelson, Taxes | Comments Off

Warm December in Atlantic City; Las Vegas stages comeback

Posted on January 13, 2017 by David McKee

Online gambling continues to be a hit with New Jersey players, up 31% to $18 million in December. Resorts Digital‘s market share has eked past Tropicana Entertainment‘s but Golden Nugget is far and away the leader, with 26%. Enjoy it … Continue reading →

Posted in Architecture, Atlantic City, Dan Gilbert, Detroit, Economy, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Revel, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off

Trump vs. Las Vegas; E-sports is big busine$$

Posted on January 12, 2017 by David McKee

“Donald Trump is the most uninformed president the U.S. has ever had. This is not an opinion. It is based on the realities of how human beings communicate: He does not read. ‘[Trump] said in a series of interviews that he does not … Continue reading →

Posted in Affinity Gaming, Atlantic City, Donald Trump, Downtown, Economy, Entertainment, Harrah's, International, Internet gambling, Macau, Marketing, MGM Mirage, Mississippi, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off

Jesus scapegoated for December results; Changing of the guard in New Jersey

Posted on January 11, 2017 by David McKee

Deutsche Bank analyst Carlo Santarelli put in some quality time in Las Vegas recently and came away satisfied with the market, particularly MGM Resorts International, Station Casinos, Boyd Gaming and Penn National Gaming, although he had no new intel on … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Economy, Foxwoods, Georgia, Horseracing, Internet gambling, Lucky Dragon, MGM Mirage, Mohegan Sun, Penn National, Politics, Station Casinos, Tribal, Wall Street | Comments Off

National Harbor boffo for MGM; Icahn keeps them guessing

Posted on January 6, 2017 by David McKee

In its first month, MGM National Harbor has been both good and bad for Maryland. Although the MGM Resorts International property, acclaimed by some as being Las Vegas Strip-caliber, did blockbuster numbers, the rest of the Maryland casino industry was … Continue reading →

Posted in Carl Icahn, Cordish Co., Glenn Straub, Golden Gaming, Harrah's, Internet gambling, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Politics, Revel, Slot routes, Taxes, The Strip, Tropicana Entertainment, Unite-Here, Wall Street | 2 Comments

Macao: Cautious recovery predicted; Straub sets Revel reopening

Posted on December 30, 2016 by David McKee

“Does the fact that Macao has an Eiffel Tower now bring extra people to the market,” asked Union Gaming Group analyst Grant Govertsen rhetorically. “Yes, but their main activity here will still be gaming.” “They” includes players from as far … Continue reading →

Posted in Atlantic City, CityCenter, Dining, Economy, G2E, Glenn Straub, Internet gambling, Japan, Lawrence Ho, Macau, Revel, Sheldon Adelson, The Strip, Tourism, Transportation, Wall Street | 1 Comment

Freeman: All I want for Christmas …

Posted on December 27, 2016 by David McKee

Mid-December is a time when children compose their Christmas letters to Santa Claus. In much the same spirit, American Gaming Association President Geoff Freeman was framing a missive to Donald Trump. After pointing out that the industry was on a … Continue reading →

Posted in Animals, Arizona, Donald Trump, Economy, Election, Geoff Freeman, Internet gambling, Nevada, Regulation, Taxes, Tourism, Tribal | 2 Comments

What the Lucky Dragon means; National Harbor lifts all boats

Posted on December 9, 2016 by David McKee

The good Dr. David G. Schwartz ponders the significance of Lucky Dragon Casino and begins with one salient milestone: “Lucky Dragon is the first genuinely new property to open in the tourist corridor since The Cosmopolitan six years ago.” That’s … Continue reading →

Posted in Architecture, Cosmopolitan, Donald Trump, Genting, Harrah's, history, Internet gambling, Japan, Lucky Dragon, Marketing, Maryland, MGM Mirage, Nevada, Politics, Problem gambling, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism, Wall Street | Comments Off

Reboot for Wynn Palace; Does Trump still heart sports betting?

Posted on November 30, 2016 by David McKee

Gaming analysts confirm reports of a slow opening at Wynn Palace in Macao, likening its performance to that of the early days of Studio City — not the sort of comparison Wynn Resorts probably wanted to hear. Room rates have … Continue reading →

Posted in Atlantic City, Donald Trump, Economy, Horseracing, Internet gambling, Macau, Melco Crown Entertainment, Politics, Racinos, Sports, Steve Wynn | 1 Comment

End of a golden tribal era; Vegas Vic gets his due

Posted on November 29, 2016 by David McKee

Already gaming pundits are reading the entrails of the presidential election and predicting that while a Donald Trump administration could be Bad News for Internet gambling it will be Very Bad News Indeed for tribal gaming. Words like “disaster” are … Continue reading →

Posted in Donald Trump, Downtown, Economy, history, Indiana, Internet gambling, Law enforcement, Massachusetts, Oklahoma, Regulation, Tribal | 4 Comments

New stumbling block for Caesars; ‘Net betting powers New Jersey

Posted on November 23, 2016 by David McKee

Just when it looked like Caesars Entertainment was out of the woods in its bankruptcy reorganization the federal trustee intervened with an objection. At issue are the releases from litigation that Caesars wrested from creditors as part of the price … Continue reading →

Posted in Arizona, Atlantic City, Donald Trump, Harrah's, Internet gambling, Massachusetts, Penn National, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment | Comments Off

(Pot) Smoke gets in their eyes; Enter the Lucky Dragon

Posted on November 21, 2016 by David McKee

Just say “No.” That’s what Nevada gaming regulators are advising casinos who might be tempted to take advantage of the new legality of recreational marijuana in the Silver State. Bowing to federal law, the Nevada Gaming Control Board and Nevada … Continue reading →

Posted in Colorado, Cordish Co., Downtown, Environment, Geoff Freeman, Internet gambling, Lucky Dragon, Maryland, MGM Mirage, Nevada, Regulation, Sports, The Strip, Tourism | Comments Off

Trump Taj saves Atlantic City; Barrack resurfaces; Visiting Memory Lane

Posted on November 17, 2016 by David McKee

When we rounded up Atlantic City gaming numbers yesterday, we didn’t get into market-adjusted comparisons and thus buried the lead. The Boardwalk’s surviving casinos saw, on average, a 6% increase in gaming revenue, thanks to the Oct. 10 closing of … Continue reading →

Posted in Arizona, Atlantic City, Carl Icahn, Cirque du Soleil, Colony Capital, Donald Trump, Economy, Entertainment, Genting, history, Internet gambling, Japan, Law enforcement, Louisiana, Macau, Maryland, Mississippi, Ohio, PokerStars, Regulation, Revel, Sahara, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, West Virginia, Wisconsin | 1 Comment

Atlantic City: Golden Nugget now tops; MGM’s holy rollers

Posted on November 16, 2016 by David McKee

There’s a new leader in Atlantic City‘s Internet-gambling arena. Not PokerStars over at Resorts Digital. They’re still in last place. No, grabbing 24.5% of market share, Golden Nugget now heads the pack. Borgata has 22%, Caesars Interactive holds 18% and … Continue reading →

Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Pennsylvania, PokerStars, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off