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Category Archives: Internet gambling
Soft landing in A.C.; “Nocturne” put to sleep
Internet-gaming revenue continues to slip in New Jersey, down 9% from May. There are only three players of consequence: Borgata (36.5%), Caesars Atlantic City (27%) and Tropicana Atlantic City (18%). Still, Internet gambling continues to provide a cushion for the … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Cosmopolitan, Current, Entertainment, Harrah's, Internet gambling, Mohegan Sun, Revel, Sam Nazarian, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street
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So long, Sullivan County
New York State’s Gaming Commission has picked the last two members of the casino-siting committee and it’s pretty bad news for the Catskills region. Both of the finalists are cronies of Gov. Andrew Cuomo (D), as are the three already-seated … Continue reading
Gearing up for fights in Massachusetts, California and Arkansas
Expect a deluge of dollars to be spent opposing or supporting a casino-repeal ballot question in Massachusetts. Unlike political campaigns, ballot questions have no spending limitation attached to them. So far, the biggest amount spent on a ballot question in … Continue reading
Posted in Arkansas, Bally Technologies, California, Election, Entertainment, Internet gambling, Maryland, Massachusetts, Mohegan Sun, Penn National, Racinos, Regulation, Shuffle Master, Steve Wynn, The Strip, Tropicana Entertainment
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D-Day in New York
Today’s the day to get formal bids in on New York State casinos. In the process, the search criteria have been stood on their head by comparatively affluent Orange County, which now dominates the bidding, economic regeneration be damned. Liberty … Continue reading
Posted in Colorado, Economy, Foxwoods, Internet gambling, New York
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Massachusetts: A call to action
Casino companies in Massachusetts “could” or “may” team up to fight the repeal effort currently underway. How about “must” or “should”? If ever there were an imperative for joint action, this is it. Perhaps even Wynn Resorts and Mohegan Sun could … Continue reading
Posted in Economy, Election, Foxwoods, Geoff Freeman, Horseracing, IGT, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Steve Wynn
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Freeman’s strange plea; Aristocrat on the move
This morning, a strange letter landed upon my cyber-desk, signed by American Gaming Association Senior Vice President of Public Affairs Sara Rayme. However, it’s perfectly congruent with the aggressive tendencies of AGA President Geoff Freeman, so I look upon him … Continue reading
Posted in Aristocrat, Geoff Freeman, IGT, Internet gambling, Politics, Technology, Texas, Tribal
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Massachusetts: The morning after
Although Wynn Resorts is keeping mum on this week’s Massachusetts Supreme Judicial Court ruling, others are not taking it lying down. Faced with a do-or-die referendum on casino gambling in the Bay State, MGM Resorts International promised it was “fully … Continue reading
Posted in Atlantic City, Election, Geoff Freeman, Harrah's, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, PokerStars, Politics, Regulation, Sports, Steve Wynn
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Casinos get November surprise
In news that Deutsche Bank analyst Carlo Santarelli called a “fiasco,” the Massachusetts Supreme Judicial Court has decided to allow Bay State voters to decide whether or not to repeal the state’s casino law. Hardest-hit in a worst-case scenario would … Continue reading
Posted in Atlantic City, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Reno, Sports, Steve Wynn
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Atlantic City: Game over?
Atlantic City‘s last, best hope — sports betting — was swatted away by the U.S. Supreme Court. While keeping mum on its reasoning, the Supremes let stand a federal ban on sports wagering. Found at a charity softball game, Gov. … Continue reading
Posted in Atlantic City, Economy, Harrah's, International, Internet gambling, Japan, Lawrence Ho, Mohegan Sun, Sports, Tourism, Transportation
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Gentlemen, grab your joysticks; Massachusetts: Another day, another poll
Video-game/slot hybrids have been licensed by the Nevada Gaming Commission and will be on display for your entertainment at the next Global Gaming Expo. The lucky winner was Gamblit Gaming, which is owned by American Capital by way of Hard … Continue reading
Posted in Election, G2E, Hard Rock International, Harrah's, Internet gambling, Massachusetts, New York, Regulation, Technology, Uncategorized
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Bernhard: Time to get out; Kabuki theater in Japan
After 13 years chairing the Nevada Gaming Commission, it’s quitting time for Pete Bernhard, who’s leaving 10 months before his term expires. Wasting no time, Gov. Brian Sandoval named Dr. Tony Alamo Jr. to fill Bernhard’s chair and Pat Mulroy … Continue reading
Posted in Atlantic City, Boyd Gaming, Harrah's, Internet gambling, Japan, Politics, Regulation, Station Casinos
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Hot pursuit for IGT; Players leave good deal on table
It’s a feeding frenzy for International Game Technology. Among those who were quick to pounce on rumors of a sale were lottery king Gtech, Caesars Entertainment co-owner Apollo Management, Ron Perelman-controlled MacAndrews & Forbes Inc. and Carlyle Group, with the … Continue reading
Posted in Atlantic City, California, Cosmopolitan, Harrah's, IGT, Internet gambling, Scientific Games, Tilman Fertitta, Tribal, Wall Street
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Salvation for PokerStars?; Bonanza in Springfield
Despite no longer having any beef with the federal government, PokerStars remains behind the 8-ball in the U.S. of A. Regulators in New Jersey frowned on its attempt to affiliate with Atlantic City casinos and it’s banned from Nevada under … Continue reading
Posted in Atlantic City, Cosmopolitan, Internet gambling, Massachusetts, MGM Mirage, Regulation, Wall Street
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Atlantic City online: The god that failed?
May brought bad news from the Boardwalk, where online gambling revenue fell to $10.5 million. (It had been $11.4 million the month before, in itself a decline.) Traditional casinos were off 3% on a same-store basis — i.e., subtracting the … Continue reading
Adelson: Another one bites the dust
If Sheldon Adelson wants to protect America from underage gambling, he might start at his Sands Bethlehem casino. The casino has racked up $305,000 in fines in five years. Six incidents this year have incited the latest fine: $85,000. Casino … Continue reading
Posted in Atlantic City, Boyd Gaming, Detroit, Economy, Election, International, Internet gambling, Neil Bluhm, Pennsylvania, Politics, Regulation, Sheldon Adelson, Tribal
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Adelson winning one-sided war
If it appears that Sheldon Adelson is rolling to victory in his jihad against Internet gambling, it’s primarily because his opposition has gone belly-up. First, MGM Resorts International CEO Jim Murren called the battle “a fight we cannot win,” then … Continue reading
Posted in California, Florida, Geoff Freeman, Harrah's, Indiana, International, Internet gambling, MGM Mirage, Politics, Sheldon Adelson, South Carolina, Texas, Tribal
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Mohegan Sun liberated; Low blows struck in New York
Come year’s end, Mohegan Sun will be free of its management agreement with Trading Cove Associates. Liberty comes at a dear price: $900 million, or 5% of 15 years’ revenue. “If not for the Great Recession’s effect on Mohegan Sun’s … Continue reading
Posted in Churchill Downs, Foxwoods, Horseracing, Internet gambling, Mohegan Sun, New York, Politics, Tribal
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Case Bets for a Monday morning
Because Vegas is starved for retail along the Strip (ha!), Caesars Entertainment has been beavering away busily on Grand Bazaar Shops, in front of Bally’s Las Vegas. Vital Vegas has been sussing out the progress of the mall and it’s … Continue reading
Posted in Architecture, Atlantic City, Culinary Union, Derek Stevens, Entertainment, Foxwoods, Harrah's, Internet gambling, Mohegan Sun, Revel, The Strip
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Adelson vs. Loveman: Splitting the difference
“One of the things I’ve learned in this industry is we are extraordinarily competent at shooting at one another.” So said American Gaming Association President Geoff Freeman after getting caught in the crossfire over Internet gambling. So, as the industry … Continue reading
Caution at MGM, audacity at Caesars; Cortez crumbles
As the line continues to blur between social gaming and real-money gambling, MGM Resorts International continues to hang back from the latter and favor the former. It’s putting its efforts into a free-play site that offers M Life rewards, as … Continue reading
Posted in Culinary Union, Downtown, Harrah's, Internet gambling, MGM Mirage, Tamares Group, Terry Caudill
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