Category Archives: Internet gambling

Rocky Mountain high roller; Playing spoiler in Boston

Posted on March 11, 2014 by David McKee

“Recreational horse racing to me is more appealing than recreational pot.” So says one of the backers of expanded gambling in Colorado, state Rep. Don Coram (R). “We’re opposed because the way the initiative is written it gives the owner of … Continue reading →

Posted in California, Colorado, Election, Entertainment, Internet gambling, Massachusetts, MGM Mirage, Ohio, Regulation, Rhode Island, Tribal | Comments Off on Rocky Mountain high roller; Playing spoiler in Boston

Boyd under siege? Tight (slots) on the East Coast

Posted on March 11, 2014 by David McKee

Yesterday, Elliott Management announced that it owns 5% of Boyd Gaming. Shares of the company, which had closed just under $12, opened at $14. But is this a vote of confidence in Boyd? According to Seeking Alpha, “Elliott has a … Continue reading →

Posted in Atlantic City, Boyd Gaming, Columbia Sussex, Florida, Internet gambling, Lake Tahoe, Laughlin, Neil Bluhm, New York, Pennsylvania, Pinnacle Entertainment, Regulation, Reno, Technology, Tourism, Tropicana Entertainment, Wall Street, West Virginia | Comments Off on Boyd under siege? Tight (slots) on the East Coast

Revere: Mohegan Sun rising in the east; Dose of reality in New Jersey

Posted on February 26, 2014 by David McKee

Election results are in from Revere, where Suffolk Downs and Mohegan Sun are partnering to build a racino. It wasn’t even close. Casino opponents were heavily outspent and, in the end, heavily outvoted, being crushed in a landslide, 63% to … Continue reading →

Posted in Atlantic City, Cordish Co., Current, Economy, Election, Greenwood Racing, Internet gambling, Massachusetts, Mohegan Sun, Penn National, Taxes, Tribal | Comments Off on Revere: Mohegan Sun rising in the east; Dose of reality in New Jersey

Nugget strikes gold; Hailing Caesars

Posted on February 25, 2014 by David McKee

One casino’s misery is another’s good fortune. The Golden Nugget in Atlantic City says it’s being swamped with new business ever since Caesars Entertainment and Tropicana Entertainment conspired to the euthanize the Atlantic Club. According to General Manager Tom Pohlman, … Continue reading →

Posted in Architecture, Atlantic City, Cordish Co., Delaware, Downtown, Economy, Harrah's, Internet gambling, Maryland, MGM Mirage, Taxes, The Strip, Tilman Fertitta, Tropicana Entertainment | 1 Comment

Of India and Indians

Posted on February 24, 2014 by David McKee

Nevada tourism officials are looking beyond China and toward India. It’s country of 50 million passports and Lt. Gov. Brian Krolicki would like to capture more of them and more of the 600,000 Indians who visited the U.S. last year. … Continue reading →

Posted in International, Internet gambling, Kentucky, Pokergeddon, Tourism | Comments Off on Of India and Indians

Sheldon’s boys; Tough questions for the industry

Posted on February 21, 2014 by David McKee

Improbably, Sheldon Adelson has found two U.S. senators to carry water for him on Capitol Hill as he tries to stem the tide of Internet gambling. Both Sen. Dean Heller (R) and Sen. Harry Reid (D) are working to reinstate … Continue reading →

Posted in Culinary Union, Harrah's, Harry Reid, Illinois, Internet gambling, Massachusetts, MGM Mirage, Politics, Problem gambling, Regulation, Sheldon Adelson, Technology | Comments Off on Sheldon’s boys; Tough questions for the industry

Macao: Who’s the boss?; Iowa racing, gone to the dogs

Posted on February 20, 2014 by David McKee

Jim Murren, Steve Wynn and Sheldon Adelson may find themselves held hostage to the temper of Sino-American relationships, if chatter from Chinese sources holds true. It’s being put about that casino concessions could be shortened to five years. Stocks of … Continue reading →

Posted in Animals, Harrah's, Internet gambling, Iowa, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn | Comments Off on Macao: Who’s the boss?; Iowa racing, gone to the dogs

And then there were three; Atlantic City under pressure again

Posted on February 20, 2014 by David McKee

Nevada gaming authorities will have to start reporting the Silver State’s online-gambling revenue now that South Point has entered the lists under its Real Gaming banner. (We won’t get the numbers until late March.) The site ” is offering tournament play … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Entertainment, Florida, Harrah's, Internet gambling, Michael Gaughan, Regulation, Station Casinos, The Strip, Tribal | Comments Off on And then there were three; Atlantic City under pressure again

Sands: Hacked and heckled

Posted on February 19, 2014 by David McKee

If Sheldon Adelson hasn’t come to regret his ‘nuke Iran‘ rant he may soon do so. While Las Vegas Sands struggles to make its Web sites fully functional again, Adelson’s cyber-tormentors are taking a victory lap. A “Zhao Anderson” posted … Continue reading →

Posted in Florida, Geoff Freeman, Internet gambling, Movies, Politics, Sheldon Adelson, Technology | Comments Off on Sands: Hacked and heckled

Venetian restored; Mobile gaming ascendant

Posted on February 18, 2014 by David McKee

One of the 19th century’s greatest minds was dragged kicking and screaming back into the 21st century when Las Vegas Sands fully restored its Web sites. No more horse-and-buggy rides or reading by candlelight for Sheldon Adelson. It’s back to … Continue reading →

Posted in Atlantic City, Boyd Gaming, Internet gambling, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment | Comments Off on Venetian restored; Mobile gaming ascendant

Quote of the Day

Posted on February 18, 2014 by David McKee

“The message was somewhat of a cross between the awful Ben Affleck–Justin Timberlake movie Runner, Runner and Reefer Madness, the ’30s-era propaganda film that melodramatically exploited the dangers of marijuana use.” — Howard Stutz on Sheldon Adelson‘s anti-Internet gambling fright … Continue reading →

Posted in Internet gambling, Movies, Sheldon Adelson | Comments Off on Quote of the Day

Hard Rock OK’d; Tribal casinos’ power plays; Caesars’ astute move

Posted on February 17, 2014 by David McKee

Instead of being left to rot, Hard Rock Hotel & Casino Sioux City will be permitted to resume construction, with a view toward a late-summer opening. That good news was handed down from the Polk County District Court bench. If … Continue reading →

Posted in Florida, Foxwoods, Genting, Harrah's, Internet gambling, Iowa, Massachusetts, Mohegan Sun, Penn National, Regulation, Rhode Island, Tribal, Wall Street, Warner Gaming | 1 Comment

A Ho no-show; Adelson omnipresent; Revel to close?

Posted on February 13, 2014 by David McKee

There was apparently no Stanley Ho sighting at the Cotai Strip groundbreaking of Sociedade de Jogos de Macau‘s $3.9 billion Lisboa Palace. Ho is 92 and well into his dotage, so a public appearance would have come as a surprise. … Continue reading →

Posted in Foxwoods, Genting, Hard Rock International, Harrah's, Internet gambling, Macau, Penn National, Pennsylvania, Politics, Revel, Sheldon Adelson, Stanley Ho, Technology, Vietnam | 1 Comment

Battle of Sands widens

Posted on February 13, 2014 by David McKee

Las Vegas Sands‘ Web sites remain “under maintenance,” as the company reels from a vast and invasive cyber-attack. In addition to the FBI, the Secret Service has taken an interest in the matter. The assault is a boon for third-party … Continue reading →

Posted in Architecture, Internet gambling, Massachusetts, MGM Mirage, Politics, Problem gambling, Sheldon Adelson, The Strip | Comments Off on Battle of Sands widens

Time running for Atlantic City; Adelson’s scurrility

Posted on February 12, 2014 by David McKee

After a quarterly hiatus, it seems time to start covering Atlantic City again. The headline item is a $9.5 million gross from Internet gambling. At that rate, online gambling isn’t going to be a game-changer and, indeed, the Boardwalk was … Continue reading →

Posted in Boyd Gaming, Current, Economy, Harrah's, Internet gambling, Mohegan Sun, Penn National, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | 2 Comments

Market8 endorsed; Web casinos raided; Gridlock in Kentucky, Florida

Posted on February 12, 2014 by David McKee

Market8 is emerging as the frontrunner in the competition for a Philadelphia casino license. Three area politicians have come forward in support of Ken Goldenberg‘s project, which will be run by Mohegan Sun. As part of a joint communique, First … Continue reading →

Posted in Florida, Internet gambling, Kentucky, Mohegan Sun, Pennsylvania, Politics, Regulation, Tribal | Comments Off on Market8 endorsed; Web casinos raided; Gridlock in Kentucky, Florida

Pinnacle beats The Street; MGM goes electric

Posted on February 12, 2014 by David McKee

Pinnacle Entertainment did a brilliant job of managing Wall Street‘s expectations, its cash flow coming in $5 million above analysts’ consensus, driven by lower operating expenses. J.P. Morgan‘s Joseph Greff called the results “better than feared,” which tells you how … Continue reading →

Posted in Ameristar, Environment, Foxwoods, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Missouri, Ohio, Pinnacle Entertainment, Transportation, Tribal, Wall Street | Comments Off on Pinnacle beats The Street; MGM goes electric

2/11

Posted on February 12, 2014 by David McKee

Sheldon Adelson is not an easy man to like, let alone defend. (His attacks upon the First Amendment have seen to that.) But, upon further reflection, the Feb. 11 assault on his corporate Web sites causes one to reluctantly take … Continue reading →

Posted in Current, Internet gambling, Pennsylvania, Politics, Sheldon Adelson | 2 Comments

PR Wars: Caesars vs. Caesars

Posted on February 11, 2014 by David McKee

It’s restructuring time again at Caesars Entertainment, but which Caesars? According to a Bloomberg interview with RBC Capital Markets analyst John Kempf, subsidiary Caesars Entertainment Operating Co. would trade second-lien debt for cash (of which Caesars maintains it has plenty) … Continue reading →

Posted in Harrah's, Internet gambling, Maryland, Planet Hollywood, Revel, Wall Street | Comments Off on PR Wars: Caesars vs. Caesars

Sheldon Adelson, bogeyman

Posted on February 11, 2014 by David McKee

Update: Somebody returned the favor by hacking into Las Vegas Sands‘ Web sites, taking out several home pages and posting inflammatory imagery. “The sites also featured a list of confidential employee information and Social Security numbers,” reported the Las Vegas … Continue reading →

Posted in Internet gambling, Politics, Sheldon Adelson | Comments Off on Sheldon Adelson, bogeyman