Category Archives: Internet gambling

Internet gaming backstops Atlantic City; Swordplay in Vegas

Posted on April 13, 2016 by David McKee

Traditional casino revenue fell 2% last month in Atlantic City but online winning were up 18%. The entry of PokerStars wasn’t immediately felt, as Resorts Digital‘s market share stood at 12%. behind Borgata ($4 million, 28%), Caesars Interactive (20%), Golden … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Glenn Straub, Harrah's, history, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Reno, Revel, Riviera, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment | Comments Off on Internet gaming backstops Atlantic City; Swordplay in Vegas

Good year for Atlantic City; Sands slapped with fine

Posted on April 12, 2016 by David McKee

Free market forces did what governmental intervention and flashy marketing campaigns could not: They steadied Atlantic City‘s casino economy. With the dead weight of four casinos — Revel, Showboat, Atlantic Club and Trump Plaza — jettisoned, profits not only steadied, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Dining, Economy, Environment, Harrah's, Internet gambling, Macau, Mississippi, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Sports, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off on Good year for Atlantic City; Sands slapped with fine

DFS dealt twin setbacks; Stalemate over Atlantic City

Posted on April 11, 2016 by David McKee

“As attorney general, it is my duty to uphold Alabama law, including the laws against illegal gambling. Daily fantasy sports operators claim that they operate legally under Alabama law. However, paid daily fantasy sports contests are in fact illegal gambling … Continue reading →

Posted in Alabama, Atlantic City, Boyd Gaming, Downtown, Economy, Internet gambling, Massachusetts, Politics, Sports, Steve Wynn, Taxes | Comments Off on DFS dealt twin setbacks; Stalemate over Atlantic City

Unhappy Easter in Illinois; Money-laundering mess in Sparks

Posted on April 7, 2016 by David McKee

Easter, if you can believe it, is being blamed for a 2% decline in Illinois casino revenues last month. Argosy Belle continued to be the problem child of the state, down 13% (to $5 million). Slot-route competition continued to do … Continue reading →

Posted in Boyd Gaming, Cordish Co., Dan Gilbert, GLPI, Harrah's, Illinois, International, Internet gambling, Laughlin, Law enforcement, Macau, Maryland, MGM Mirage, Penn National, Racinos, Regulation, Riviera, The Strip, Tourism | 1 Comment

Freeman rakes Wolf; The delights and dangers of DFS

Posted on April 5, 2016 by David McKee

American Gaming Association President Geoff Freeman is throwing down against Pennsylvania Gov. Tom Wolf (D) and the latter’s desire to tax casino free play. If Wolf’s proposal had been in effect last year, the state would have netted slightly less … Continue reading →

Posted in Arizona, Colorado, Florida, Geoff Freeman, Illinois, International, Internet gambling, Marketing, Oklahoma, Pennsylvania, PokerStars, Taxes, Tribal | Comments Off on Freeman rakes Wolf; The delights and dangers of DFS

Complications at the Riviera; PokerStars a hit in New Jersey

Posted on April 1, 2016 by David McKee

Implosion of the Riviera could occur as early as June, so doesn’t hesitate to have your  picture taken in front of it. However, the timeline could be extended by a number of complications. Now that a demolition firm has been … Continue reading →

Posted in Atlantic City, Boyd Gaming, Internet gambling, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Penn National, Regulation, Riviera, Steve Wynn, Technology, The Strip, Tribal | Comments Off on Complications at the Riviera; PokerStars a hit in New Jersey

Penn accentuates the positive

Posted on March 29, 2016 by David McKee

“Wait ’til next year” seems to be Penn National Gaming‘s mantra for the Tropicana Las Vegas. At present, the company is still installing Marquee Rewards, replacing older slot machines and getting out of any leased-game arrangements. It doesn’t expect any … Continue reading →

Posted in California, Cordish Co., Dan Gilbert, Economy, Harrah's, Illinois, Internet gambling, Marketing, Maryland, Massachusetts, MGM Mirage, Penn National, PokerStars, Slot routes, The Strip, Tribal, Wall Street, West Virginia | Comments Off on Penn accentuates the positive

DFS becomes political football; More trouble for PokerStars

Posted on March 28, 2016 by David McKee

Add Yahoo to the list of daily fantasy sports providers that are tiptoeing out of New York State under an accord with state Attorney General Eric Schneiderman. The latter has said that if the issue can’t be resolved in the … Continue reading →

Posted in Arizona, Election, Florida, Harrah's, Indiana, Internet gambling, Law enforcement, Maryland, Minnesota, Missouri, New York, Oklahoma, PokerStars, Politics, South Korea, Wisconsin | Comments Off on DFS becomes political football; More trouble for PokerStars

Showdown on the Boardwalk; Lies, damned lies and poll numbers

Posted on March 24, 2016 by David McKee

It’s war to the knife and knife to the hilt between Carl Icahn and Unite-Here Local 54 President Robert McDevitt over the labor situation at Trump Taj Mahal. (For the record, Donald Trump is now affiliated with the casino in … Continue reading →

Posted in ACEP, Atlantic City, Boulder Strip, Carl Icahn, Colony Capital, Election, Harrah's, Internet gambling, Laughlin, LVCVA, Maryland, MGM Mirage, Mohegan Sun, Regulation, Revel, Sheldon Adelson, Sports, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here | Comments Off on Showdown on the Boardwalk; Lies, damned lies and poll numbers

DFS in retreat; Pinnacle fights smoking ban

Posted on March 23, 2016 by David McKee

What Attorney General Eric Schneiderman couldn’t do, gun-shy payment processors have accomplished: Put DraftKings and FanDuel out of business in New York State. The two have said they will refrain from taking wagers from the Empire State through the end … Continue reading →

Posted in Churchill Downs, Environment, GLPI, Harrah's, history, Illinois, Internet gambling, Law enforcement, Louisiana, Neil Bluhm, New York, Pennsylvania, Pinnacle Entertainment, Regulation, Sports, Tribal, Tropicana Entertainment, TV | Comments Off on DFS in retreat; Pinnacle fights smoking ban

Adelson’s $10 billion bet; PokerStars comes to Atlantic City

Posted on March 22, 2016 by David McKee

Sheldon Adelson is desperate to get into South Korea. He doesn’t need to articulate it: Las Vegas Sands‘ actions say as much. The company has vowed to do “whatever it takes” to penetrate the market. “Anything” includes raising the prospective … Continue reading →

Posted in Atlantic City, Economy, Genting, Internet gambling, Japan, Macau, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Singapore, South Korea, Tourism | Comments Off on Adelson’s $10 billion bet; PokerStars comes to Atlantic City

Quote of the Day

Posted on March 18, 2016 by David McKee

“The global online gambling market is growing at an 11-percent clip, but for growth to continue the American market must further open. Online gambling is currently worth around $37 billion a year, as about 85 nations across the world have … Continue reading →

Posted in Geoff Freeman, Internet gambling, PokerStars | Comments Off on Quote of the Day

Wynn Everett gets new name, brushes off criticism

Posted on March 16, 2016 by David McKee

Given his recent obstructionism of Wynn Everett, it should come as no surprise that Somerville Mayor Joseph Curtatone recently made it onto a list of “America’s Worst Politicians.” Presently, the Bostonian blowhard has been vowing to block Steve Wynn‘s project … Continue reading →

Posted in International, Internet gambling, Massachusetts, Politics, Sheldon Adelson, Steve Wynn | Comments Off on Wynn Everett gets new name, brushes off criticism

Quote of the Day

Posted on March 15, 2016 by David McKee

“California’s hypocrisy on gambling policy is appalling. The state arbitrarily condemns and prohibits some forms of gambling, while permitting other forms in Indian casinos and card rooms, and even actively promoting it through the California Lottery. Some may gamble irresponsibly, … Continue reading →

Posted in California, Internet gambling, Regulation, Tribal | Comments Off on Quote of the Day

DFS returns to Nevada; Dustup near the Stratosphere

Posted on March 15, 2016 by David McKee

While DraftKings CEO Jason Robins and FanDuel CEO Nigel Eccles insist that their companies are just too special to apply for a Nevada gaming license, entrepreneurs Vic Salerno and Michael Knapp are effectively calling their bluff. They’re seeking a license … Continue reading →

Posted in International, Internet gambling, Nevada, Regulation, The Strip, TV | Comments Off on DFS returns to Nevada; Dustup near the Stratosphere

Atlantic City has a big month

Posted on March 14, 2016 by David McKee

Reports of Atlantic City‘s demise have been greatly exaggerated. The city’s casinos posted a 13% revenue increase (over an admittedly weak February 2015) and Internet gambling revenue was up 42%, to $15 million. In the latter department, Borgata (29% of … Continue reading →

Posted in Atlantic City, Boyd Gaming, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, Tilman Fertitta, Tropicana Entertainment | Comments Off on Atlantic City has a big month

Virginia is for lovers … of DFS

Posted on March 14, 2016 by David McKee

Score a “win” for daily fantasy sports, as it was legitimized in Virginia. Gov. Terry McAuliffe (D) applied his signature to the Fantasy Contests Act, which places DFS under the auspices of the state’s  Department of Agriculture & Consumer Service, effective July … Continue reading →

Posted in Geoff Freeman, Georgia, Indiana, Internet gambling, Iowa, Massachusetts, Nevada, Politics, Regulation, Sports | Comments Off on Virginia is for lovers … of DFS

Hang up for MGM National Harbor; Dances with insolvency

Posted on March 11, 2016 by David McKee

If a July opening of MGM National Harbor, in Maryland, sounded too good to be true, it was. The company says “things got more and more real” and the Washington Post reports that MGM executives told it the target “was … Continue reading →

Posted in California, Internet gambling, Law enforcement, Maryland, MGM Mirage, Movies, New York, Philippines, Regulation, South Dakota, Tribal, Tropicana Entertainment | Comments Off on Hang up for MGM National Harbor; Dances with insolvency

Steve Wynn makes new friends; Freeman gets raked

Posted on March 9, 2016 by David McKee

Steve Wynn has found an unlikely ally in his fight against Somerville Mayor Joseph Curtatone: the Massachusetts environmental community. Activists joined politicians and developers at a media event headlined by Wynn Everett President Robert DeSalvio. Among the activities that have … Continue reading →

Posted in Environment, Foxwoods, Geoff Freeman, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Sheldon Adelson, Steve Wynn, Tribal | Comments Off on Steve Wynn makes new friends; Freeman gets raked

The party’s over; DFS sniffs at Nevada regulation

Posted on March 8, 2016 by David McKee

It’s no party for two executives at Bwin.Party. The Austrian government has leveled charges of corruption, “breach of trust” and money laundering at Bwin’s Norbert Teufelberger and Manfred Bodner. The indictment was filed two months ago but is only now … Continue reading →

Posted in Animals, Dining, Donald Trump, International, Internet gambling, Law enforcement, Nevada, North Las Vegas, Regulation | Comments Off on The party’s over; DFS sniffs at Nevada regulation