Category Archives: Internet gambling

Quote of the Day

Posted on November 10, 2015 by David McKee

“I think if you classify it as gambling and you try to regulate it in the same fashion as online gambling, the industry ceases to exist. The model that exists today cannot exist under the kind of proposals that I’ve seen.” … Continue reading →

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

Big month for Maryland; Much ado about Dotty’s

Posted on November 9, 2015 by David McKee

Developers of MGM National Harbor have to like what they saw when Maryland busted out its October revenue numbers: 9% growth (to $95 million), with all five casinos in the plus column. Horseshoe Baltimore General Manager Chad Barnhill is defecting … Continue reading →

Posted in Cordish Co., Dan Gilbert, Dotty's, Golden Gaming, Harrah's, Internet gambling, Maryland, MGM Mirage, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, TV | 1 Comment

New blows to Adelson, SLS; Seminoles’ air war

Posted on November 6, 2015 by David McKee

Ex-Sands China CEO Steven Jacobs‘ wrongful-termination case will still proceed under the gavel of Judge Elizabeth Gonzalez. The Nevada Supreme Court, in an unpublished opinion, reaffirmed Gonzalez’s standing in the case and also ordered Las Vegas Sands to pony up … Continue reading →

Posted in Florida, Indiana, Internet gambling, Macau, Politics, Regulation, Sam Nazarian, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Taxes, The Strip, TV | Comments Off on New blows to Adelson, SLS; Seminoles’ air war

Bluhm thinks big in Massachusetts; Cautious optimism in Illinois

Posted on November 6, 2015 by David McKee

Never accuse Neil Bluhm of thinking small. His Mass Gaming & Entertainment has published some eye-popping projections as part of a 200-page casino application to the State of Massachusetts. Despite nearby competition from Plainridge and Rhode Island, Bluhm is projecting … Continue reading →

Posted in Architecture, Boyd Gaming, GLPI, Harrah's, Illinois, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Politics, Regulation, Tribal | Comments Off on Bluhm thinks big in Massachusetts; Cautious optimism in Illinois

Georgia on their minds; DFS regulation gathers speed

Posted on November 4, 2015 by David McKee

There’s a new suitor in the crowd of casino companies eager to extend their brands into Georgia: the Seminole Tribe. It wants to build a Hard Rock International casino in 2018, opposite Mercedes-Benz Stadium, where the Atlanta Falcons will play. Hard … Continue reading →

Posted in Atlantic City, Boyd Gaming, Georgia, Hard Rock International, Illinois, Internet gambling, Minnesota, New York, Problem gambling, Regulation, Seminole Tribe, Taxes | Comments Off on Georgia on their minds; DFS regulation gathers speed

Straub has new plan for Revel; Station cans Cactus Lane casino

Posted on November 4, 2015 by David McKee

Glenn Straub can’t even heat Revel but he’s got his sights on becoming Atlantic City‘s biggest slumlord. The ever-unpredictable billionaire’s latest plan for the megaresort is to use it to house Syrian refugees. However, this homeless-hostel offer is good for … Continue reading →

Posted in Atlantic City, Glenn Straub, Internet gambling, Michael Gaughan, Regulation, Reno, Revel, Sports, Station Casinos, Taxes, The Strip, Westgate LV | Comments Off on Straub has new plan for Revel; Station cans Cactus Lane casino

Regulating DFS; So long, Harrah’s Tunica

Posted on November 3, 2015 by David McKee

Although he doesn’t think state government ought to “impede one’s enjoyment of fantasy sports,” New Jersey state Sen. James Whelan (D, right) thinks it’s time for the Garden State to regulate daily fantasy sports. In a letter to the Division of … Continue reading →

Posted in Arkansas, Atlantic City, Dining, Harrah's, Internet gambling, Mississippi, Oklahoma, Politics, Regulation, Sports, Tribal | 1 Comment

Adelson sleeping with the enemy

Posted on November 2, 2015 by David McKee

In his mania to ban Internet gaming, Sheldon Adelson has let the worst of anti-gambling zealots to slither into bed with him. Dr. James Dobson-founded Focus on the Family has gotten behind Rep. Jason Chaffetz‘s faltering bill. So-called “social liberal” Adelson … Continue reading →

Posted in Arizona, Harrah's, Internet gambling, Politics, Sheldon Adelson, Tribal | Comments Off on Adelson sleeping with the enemy

Murren: Mission to Massachusetts

Posted on November 2, 2015 by David McKee

Hot on the heels of announcing a REIT conversion of MGM Resorts International and a boffo 3Q15, CEO Jim Murren sped out to Massachusetts to calm the waters in Springfield, where MGM’s serial reductions of its casino plan have stirred … Continue reading →

Posted in Architecture, Economy, Foxwoods, Internet gambling, Lake Tahoe, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Reno, Wall Street | Comments Off on Murren: Mission to Massachusetts

Baccarat buoys the Strip; Last call for Vegas Club

Posted on October 29, 2015 by David McKee

Not only were Nevada gaming revenues up 2% last month, so were Strip revs, propelled by heavy baccarat play. In addition to 17% more being wagered, the house played lucky, winning 24% than last year. That more than made up … Continue reading →

Posted in Boulder Strip, Churchill Downs, Downtown, Economy, Horseracing, Illinois, Internet gambling, Lake Tahoe, Laughlin, Marketing, North Las Vegas, Reno, Tamares Group, The Strip | 2 Comments

Turmoil at Revel, Trump; DFS to try self-regulation

Posted on October 28, 2015 by David McKee

Atlantic City civic gadfly Glenn Straub is at it again. In addition to trying to wrest electrical power from Stockton University by way of the Showboat (Stockton is contesting the validity of the quid pro quo in court), he’s threatening to sue … Continue reading →

Posted in Atlantic City, Baseball, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, James Packer, Macau, Melco Crown Entertainment, Regulation, Trump Entertainment Resorts, TV | Comments Off on Turmoil at Revel, Trump; DFS to try self-regulation

Illinois to act on DFS

Posted on October 27, 2015 by David McKee

Today, a bill is anticipated to be put in the hopper of the Illinois Legislature to regulate daily fantasy sports. The brainchild of Rep. Mike Zalewski (D), “it would create standards for auditing daily fantasy companies that want to do business … Continue reading →

Posted in Dining, Illinois, Internet gambling, Politics, Regulation, Station Casinos, The Strip | Comments Off on Illinois to act on DFS

Japan: Keep moving, nothing to see here; Crisis at Studio City

Posted on October 26, 2015 by David McKee

Despite much chumming of the waters by Union Gaming Securities Asia‘s Grant Govertson, it’s the same old same-old in Japan, where casino legalization has been delayed yet again and probably should be under a news blackout until substantial progress is achieved. … Continue reading →

Posted in Architecture, Election, Entertainment, Harrah's, International, Internet gambling, James Packer, Japan, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pets, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tourism, Wall Street | Comments Off on Japan: Keep moving, nothing to see here; Crisis at Studio City

Bad week for DFS

Posted on October 26, 2015 by David McKee

“What it’s doing is calling fantasy sports what it is. Do you pay money to get into the contest, and do you get money back when you win? And if so, that’s gambling.” So says South Point attorney Barry Leibermann of … Continue reading →

Posted in Atlantic City, California, Colorado, Delaware, Florida, Georgia, Illinois, Internet gambling, Kansas, Maryland, Massachusetts, Michael Gaughan, Mississippi, New York, Ohio, Politics, Technology | Comments Off on Bad week for DFS

Texas lottery gives guv Grief; The Incredible Shrinking Casino

Posted on October 23, 2015 by David McKee

Those cowpokes who run the Texas Lottery Commission have gotten a bit off the ranch. Of a proverbial fact-finding mission to the Delaware lottery, Executive Director Gary Grief said, “We were particularly interested to learn about your sports betting, Internet wagering … Continue reading →

Posted in Delaware, Horseracing, International, Internet gambling, Massachusetts, MGM Mirage, Penn National, Racinos, Regulation, Texas | Comments Off on Texas lottery gives guv Grief; The Incredible Shrinking Casino

Boyd: What’s not to like?; Poker cheat gets flushed

Posted on October 23, 2015 by David McKee

Try as it might, Boyd Gaming just doesn’t feel any warm fuzzies from Wall Street. J.P. Morgan analyst Joseph Greff called the most recent quarter “very impressive,” with 3% revenue growth and huge increases in cash flow. Still, Greff wrote, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Environment, Harrah's, Hawaii, Internet gambling, Iowa, Louisiana, Penn National, Wall Street | Comments Off on Boyd: What’s not to like?; Poker cheat gets flushed

Adelson crashes MGM’s party; More trouble for DFS

Posted on October 22, 2015 by David McKee

Sheldon Adelson has a genius for sucking the air out of whatever room he enters. After MGM Resorts International laid the groundwork for a casino debate in Georgia, offering to invest $1 billion in an Atlanta pleasure palace, Adelson has … Continue reading →

Posted in Boyd Gaming, Donald Trump, Economy, Election, Florida, Georgia, International, Internet gambling, Kansas, Macau, Maryland, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Singapore, The Strip | Comments Off on Adelson crashes MGM’s party; More trouble for DFS

Macao rebukes Wynn

Posted on October 20, 2015 by David McKee

Steve Wynn‘s criticism of Macao governmental policy toward casinos as “outrageous and ridiculous … the single most counterintuitive and irrational decision that was ever made” went over like a lead balloon in China. Casino executives, including Wynn Macau President Gamal Aziz, … Continue reading →

Posted in Internet gambling, Macau, Massachusetts, Regulation, Sports, Steve Wynn, TV | Comments Off on Macao rebukes Wynn

Penn bullish on Trop; DraftKings can’t help itself

Posted on October 19, 2015 by David McKee

J.P. Morgan analyst Joseph Greff met with Penn National Gaming executives and found them very upbeat on the Tropicana Las Vegas, even though it grosses less than $54 million a year. “Of the three million Marquee Rewards members, Penn estimates … Continue reading →

Posted in Internet gambling, Marketing, Penn National, Regulation, The Strip, Wall Street | 2 Comments

Fantastic month for Atlantic City; Gural gets his wish

Posted on October 15, 2015 by David McKee

As the window for apples-to-oranges comparisons of Atlantic City casino revenue closes, so does the gap between same-store and outright gross-gaming revenues. In September, casinos were up 10% on a same-store basis (i.e., excluding the four closed ones from the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Penn National, PokerStars, Regulation, Rhode Island, Tilman Fertitta, Tourism, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off on Fantastic month for Atlantic City; Gural gets his wish