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Category Archives: Internet gambling
Moment of truth for DFS; Surprise champion for i-poker
Massachusetts Attorney General Maura Healey has come forth with her much-anticipated set of rules by which daily fantasy sports will be conducted in the Bay State. It’s not definitive yet (a public-comment period is forthcoming) and there may be some … Continue reading
Posted in Internet gambling, Law enforcement, Massachusetts, Politics, Regulation
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Atlantic City: Better than expected
As much as one hates the term “rightsizing” or endorsing the closure of four casinos, with all the job losses those entail, the numbers say that Atlantic City‘s casino market has been reduced to optimal size. December’s revenues were down … Continue reading
Crosby: DFS equals Internet gambling; Macao’s newfound love for slot players
Although state Attorney General Maura Healey continues to draw a road map for daily fantasy sports in Massachusetts, the state’s gambling regulatory body has stepped forward to volunteer its services as an enforcement agent. Yes, DFS would be classified as … Continue reading
Posted in Illinois, Internet gambling, Macau, Marketing, Massachusetts, MGM Mirage, Missouri, New York, Penn National, Regulation, Stanley Ho, Tribal, Tropicana Entertainment, Wall Street
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Rage against DFS; Iowa stays stable
“FanDuel and DraftKings are optimized for power players to rape and pillage regular players over and over again.” So says daily fantasy sports podcaster Gabriel Harber, in the course of a lengthy New York Times expose of the DFS industry. … Continue reading
Posted in Ameristar, Boyd Gaming, Economy, Harrah's, Internet gambling, Iowa, Isle of Capri, Massachusetts, Nevada, Pinnacle Entertainment, Regulation
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Baha Mar, beached whale of gaming; Betfair makes a tactical retreat
Prospective mold and corrosion are the likely fate of unfinished Baha Mar Resort, the $3.5 billion boondoggle that is probably the biggest megaresort flop of all time. (Only Fontainebleau on the Las Vegas Strip can hope to compare and it … Continue reading
Posted in Cirque du Soleil, Fontainebleau, Harrah's, International, Internet gambling
1 Comment
Schneiderman tightens the squeeze on DFS; Caesars’ Korean woes
If you’re in New York State and lost money to FanDuel and DraftKings, you may be in line for a refund. At least that’s the case if Attorney General Eric Schneiderman has his way. He’s suing the two daily fantasy … Continue reading
Posted in Harrah's, Internet gambling, New York, Planet Hollywood, Regulation, South Korea, Sports, The Strip
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Trump’s hocus-pocus; Tribal backlash in New York
If there is one thing that Donald Trump is good at, it is making dealings with creditors that come out in his favor. Perhaps this fuels his current mania that he can make the rest of the civilized world bend to … Continue reading
Posted in Atlantic City, Donald Trump, Internet gambling, New York, Regulation, Tribal, Wall Street
2 Comments
DFS advances in Iowa, regroups in Illinois
Legalization of daily fantasy sports got halfway to the goal line in the 2015 Iowa Legislature. State Rep. Jake Highfill (R) hopes to get into the endzone in 2016 with a revised version of a bill that already cleared the … Continue reading
Posted in Atlantic City, Boyd Gaming, Dining, Entertainment, Glenn Straub, Illinois, Internet gambling, Iowa, MGM Mirage, New York, Regulation, Revel
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Quote of the Day
“I’ve never wagered in a football pool, and find sports as interesting as watching grass grow. But I’d rather try my hand at these games than the state lottery or slot machines. The websites have daily wagers now (and not … Continue reading
Posted in California, Internet gambling, Regulation
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Gaming expansion in Garden State moving fast; Mashpee Wampanoags challenged
New Jersey lawmakers are wasting no time getting a casino-expansion question onto next year’s election ballot. Enabling legislation fairly shot out of committee in both houses of the Lege. The Assembly version would devote 33% of tax revenue from two gambling … Continue reading
Posted in Arizona, Atlantic City, Genting, Indiana, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Pennsylvania, Politics, Regulation, Taxes, Tribal
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All Adelson, all the time; Full House on the move
(Update: The Adelson-influenced meddling has already begun.) Now that Sheldon Adelson owns the Las Vegas Review-Journal, the paper’s prime topic of coverage has become … itself. There’s no shortage of entrail-reading, as pundits try to parse the casino mogul’s intentions. … Continue reading
Posted in Colorado, Dan Lee, Harrah's, Harry Reid, Internet gambling, Lake Tahoe, Macau, MGM Mirage, Politics, Sheldon Adelson, Steve Wynn
1 Comment
Boston: Has Wynn finally won?; Massachusetts mulls i-poker
Boston Mayor Martin Walsh seems to have finally put his grandstanding aside and is making conciliatory noises about Wynn Resorts. Has the smackdown of his lawsuit against the Massachusetts Gaming Commission finally brought Walsh to his senses? Or is this … Continue reading
Posted in Dan Gilbert, Detroit, Donald Trump, Internet gambling, Massachusetts, MGM Mirage, Pennsylvania, Politics, Regulation, Steve Wynn, Transportation, Westgate LV
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RAWA bombs on Capitol Hill; DFS currently on the wane
It’s looking more and more like Rep. Jason Chaffetz‘s effort to move his (actually Las Vegas Sands‘) “Restoration of America’s Wire Act” has hit a dead end. Last week’s hearing found widespread skepticism, even hostility, among the members of Chaffetz’s … Continue reading
Posted in Election, Georgia, Harrah's, Internet gambling, Politics, Sheldon Adelson, TV
1 Comment
Big online month for Atlantic City
In the casino industry, $13 million may not be a lot of money — but it represented a 51% gain for Atlantic City‘s online casinos and made up for softness at brick-and-mortar gambling houses. Slot revenue was down 3% on … Continue reading
‘Jubilee’ axed; DFS banned and reprieved
It was probably a mercy to Ffolliott “Fluff” LeCoque that the Las Vegas showbiz legend died two days before Caesars Entertainment buried a dagger in the heart of Jubilee. LeCoque had been part of the original cast and went on to … Continue reading
Adelson’s Capitol Hill puppet show
Rep. Jason Chaffetz (R) held another kangaroo court on Internet gambling and was in his best Sheldon Adelson-like Luddite form, scoffing at geofencing software. “It’s naive at best to think you can put a wall on the Internet,” said the willfully ignorant … Continue reading
Posted in Atlantic City, Cretins, Delaware, Harrah's, Internet gambling, Iowa, Law enforcement, Macau, Politics, Regulation, Sheldon Adelson, South Carolina, Technology
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Big card room bust in California
Earlier this week, American Gaming Association President Geoff Freeman unveiled a stern new set of anti-money laundering guidelines, lest any casinos out there hadn’t gotten the memo that Uncle Sam means business when it comes to enforcing AML rules. As … Continue reading
Posted in California, Geoff Freeman, International, Internet gambling, Law enforcement, MGM Mirage, Penn National, Regulation, Steve Wynn, Tribal
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No misery in Missouri; Packer’s Vegas venture in question
November was a tranquil month for Missouri casinos, exemplified by Penn National Gaming‘s Argosy Riverside, in Kansas City, dead even with last year. Statewide, foot traffic was down 5% and spending up 6%, particularly at table games, where winnings rose … Continue reading
DFS attempts end run; Mississippi’s new showplace
Daily fantasy sports firms DraftKings and FanDuel took their case to New York State lawmakers yesterday, appearing at a hearing convened by a consortium of Assembly committees. The DFS providers said they’d accept regulation but stopped well short of outlining … Continue reading
Posted in Donald Trump, Entertainment, Internet gambling, Mississippi, New York, Politics, Regulation
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Wynn’s big buy; DFS in retreat
Steve Wynn is $63,800,000 lighter in the wallet this morning, after purchasing one million shares of Wynn Resorts on the open market over the last three days. This brings his total stake in the company to slightly more than 11 … Continue reading
Posted in Internet gambling, Law enforcement, Macau, Pennsylvania, Politics, Racinos, Regulation, Steve Wynn, Warner Gaming
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