Category Archives: Internet gambling

Quote of the Day

Posted on January 2, 2014 by David McKee

“This is our Joe Camel moment … It could very well be the demise of our industry” — Las Vegas Sands Vice President of Government Affairs Andrew Abboud wringing his hands in opposition to Internet gambling at a recent congressional … Continue reading →

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

Overexuberance in New Jersey, generosity in Maryland

Posted on December 27, 2013 by David McKee

New Jersey Gov. Chris Christie (R) is setting himself up for a fall with his blue-sky projections of Internet-gambling revenue. Eilers Research has projected that it will take two or three years for gambling revenue to reach $227 million … … Continue reading →

Posted in Atlantic City, Economy, Goldman Sachs, Harrah's, history, Illinois, Internet gambling, Macau, Maryland, Massachusetts, Regulation, Slot routes, Taxes, The Mob, The Strip, Wall Street | Comments Off on Overexuberance in New Jersey, generosity in Maryland

Adelson undeterred; Winners and losers

Posted on December 23, 2013 by David McKee

I’m not sure which part of this story is more alarming: That Affinity Gaming was the victim of a widespread identity-theft scheme for seven months … or that the company didn’t disclose it until late this year. It certainly makes … Continue reading →

Posted in Affinity Gaming, Atlantic City, California, Dan Gilbert, Detroit, Environment, Florida, Harrah's, Horseracing, International, Internet gambling, Japan, Macau, New York, Ohio, Penn National, Problem gambling, Sheldon Adelson, Singapore, Stanley Ho | Comments Off on Adelson undeterred; Winners and losers

Poster cuts his losses; Showdown in Lansing

Posted on December 19, 2013 by David McKee

Gaming executive Tim Poster has bounced hither and yon, and now he’s asking to be bounced to the outer fringes of the casino industry. His attorneys will not be challenging the Nevada Gaming Control Board‘s finding of unsuitability and will … Continue reading →

Posted in Charity, Internet gambling, Maryland, MGM Mirage, Mohegan Sun, Regulation, Station Casinos, Steve Wynn, Tribal | Comments Off on Poster cuts his losses; Showdown in Lansing

Genting, Steve Wynn & so much more

Posted on December 17, 2013 by David McKee

Genting Group has narrowed its price target for finishing Resorts World Vegas. It will spend between $3 billion and $4 billion to complete the project (for which it has already paid $350 million for land). For a post-recession Vegas that’s … Continue reading →

Posted in CityCenter, Colorado, Current, Dubai, Economy, Florida, Fontainebleau, Foxwoods, Genting, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip | 2 Comments

Falling out in Philly; Falling apart at Caesars

Posted on December 17, 2013 by David McKee

SugarHouse Casino has finally said what needed to be said: The Philadelphia market is tapped out for casinos. It’s not entirely a  disinterested stance; SugarHouse is finishing a $155 million expansion and vulnerable to new competition. But the numbers have … Continue reading →

Posted in Atlantic City, Greenwood Racing, Harrah's, Internet gambling, Maryland, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Regulation, Steve Wynn, The Strip, Tilman Fertitta | 1 Comment

Bad news for Adelson; Wynn OK’d

Posted on December 17, 2013 by David McKee

I don’t know if Sheldon Adelson deserves the credit, but it looks like his anti-Internet-casino jihad has driven Big Gaming closer together. Wynn Resorts and Station Casinos and Churchill Downs have all joined the American Gaming Association. AGA prexy Geoff … Continue reading →

Posted in Atlantic City, Colony Capital, Geoff Freeman, International, Internet gambling, Massachusetts, MGM Mirage, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn | Comments Off on Bad news for Adelson; Wynn OK’d

Fertitta’s luck; The big get bigger; Tribes in cyberspace

Posted on December 12, 2013 by David McKee

Congratulations to Tilman Fertitta, just named Gaming Executive of the Year by Casino Journal magazine. “Fertitta, owner of Golden Nugget casinos, has accomplished something few gaming executives can claim these days—founding and expanding a U.S.-based casino company in the midst … Continue reading →

Posted in Cannery Casino Resorts, Internet gambling, Pennsylvania, Regulation, Sheldon Adelson, Slot routes, Tilman Fertitta, Tribal | Comments Off on Fertitta’s luck; The big get bigger; Tribes in cyberspace

Sore losers; Poker Stars’ ticket punched

Posted on December 12, 2013 by David McKee

Update: Fallout from the lawsuit might force Stephen Crosby to step down. (Caesars is suing him for damages, among other things.) “Chairman Crosby and members of the commission’s staff have made untrue and misleading statements about plaintiffs and their affiliates. … Continue reading →

Posted in Atlantic City, Election, Harrah's, Internet gambling, Massachusetts, Regulation, Tribal, Trump Entertainment Resorts, Wisconsin | Comments Off on Sore losers; Poker Stars’ ticket punched

Adelson’s bogus poll & other fun with numbers

Posted on December 6, 2013 by David McKee

To hear Sheldon Adelson tell it, 70% of Americans share his die-hard opposition to Internet gambling. He even bought a poll from The Tarrance Group to prove its point. Unfortunately for the Sultan of Sands, the monarch has no clothes. … Continue reading →

Posted in Alabama, Atlantic City, Cretins, Economy, Greenwood Racing, Harrah's, Internet gambling, Kentucky, Massachusetts, MGM Mirage, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, Tribal | 1 Comment

Rising sun; Falling Poster; Crosby gets funky

Posted on December 5, 2013 by David McKee

Japan‘s ruling Liberal Democratic Party has been stymied in introducing pro-casino legislation in the Diet, thanks to grumbling, naysaying Buddhist coalition partners. But other parties have been building a casino coalition. According to The Straits Times, a “cross-party group of Japanese … Continue reading →

Posted in Current, Internet gambling, Japan, Massachusetts, Politics, Regulation, Slot routes | Comments Off on Rising sun; Falling Poster; Crosby gets funky

Dancing at the Downs; Sheldon Adelson, Luddite

Posted on December 3, 2013 by David McKee

Suffolk Downs isn’t going to have to perform the limbo to bring its casino project into zoning conformity but some fancy footwork will be required. Instead of one structure, there will have to be two. Non-gaming amenities will be clustered … Continue reading →

Posted in Bally Technologies, Current, Harrah's, IGT, Internet gambling, Massachusetts, Mohegan Sun, Regulation, Sam Nazarian, Sheldon Adelson, Technology | Comments Off on Dancing at the Downs; Sheldon Adelson, Luddite

Online gambling a hit in New Jersey; Crackdown in Singapre

Posted on December 3, 2013 by David McKee

Despite some small fits and starts, New Jersey was able to roll out Internet gambling to eager Garden State citizens and with no major issues. Moody’s Investor Service predicted $250 million-$500 million in revenues during the first year, while Gov. … Continue reading →

Posted in Atlantic City, Harrah's, Internet gambling, MGM Mirage, Sheldon Adelson, Singapore, Steve Wynn, Tilman Fertitta | Comments Off on Online gambling a hit in New Jersey; Crackdown in Singapre

Quote of the Day

Posted on December 3, 2013 by David McKee

“I have been bombarded by my colleagues about the Internet. Like Mt. Everest, it looms on the horizon, blotting out the sun. I fail to see the business opportunity myself. So what I do is, I hook up with my … Continue reading →

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

Hacienda gets the Dotty’s treatment; Mohegan gets the heck out

Posted on November 25, 2013 by David McKee

When the Dotty’s slot-cafe chain decided to go ‘legit’ by purchasing the Hacienda hotel-casino near Boulder City, it meant some big surprises. For one thing, all employees found themselves without jobs. Dotty’s used the federal WARN Act to pink-slip the … Continue reading →

Posted in Internet gambling, Massachusetts, Mohegan Sun, New Hampshire, New York, Regulation, Sheldon Adelson, Slot routes | Comments Off on Hacienda gets the Dotty’s treatment; Mohegan gets the heck out

Semi-failure to launch; Crackdown in Illinois

Posted on November 22, 2013 by David McKee

It’s not just Obamacare that’s having Web site glitches in its launch. The same goes for New Jersey‘s ‘Net-betting system. Test player Joseph Brennen attempted logging in from within Atlantic City but kept getting error messages. “It’s frustrating knowing you’re … Continue reading →

Posted in Atlantic City, Bally Technologies, Economy, IGT, Illinois, International, Internet gambling, Regulation, Slot routes, Technology | Comments Off on Semi-failure to launch; Crackdown in Illinois

Freeman vs. Adelson; Kentucky tries again

Posted on November 21, 2013 by David McKee

In a particularly stunning departure from American Gaming Association tradition, new prexy Geoff Freeman took a jab at Las Vegas Sands CEO Sheldon “Nuke ‘Em” Adelson in the pages of USA Today. Of course, Freeman didn’t mention Adelson explicitly. But … Continue reading →

Posted in Atlantic City, Columbia Sussex, Harrah's, Internet gambling, Kentucky, Marketing, New York, Penn National, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Taxes | Comments Off on Freeman vs. Adelson; Kentucky tries again

Unwelcome surprise for Steve Wynn

Posted on November 21, 2013 by David McKee

A bomb just went off under Steve Wynn‘s $1.3 billion casino project in Everett. Multiple felon Charles Lightbody has been bragging upon his supposedly hidden ownership in the land on which Wynn has taken an option. So say confidential sources. … Continue reading →

Posted in Harrah's, Internet gambling, Marketing, Massachusetts, MGM Mirage, Sam Nazarian, Steve Wynn, The Mob, Tourism | 1 Comment

SLS arises, Adelson attacks and Atlantic City fights back

Posted on November 20, 2013 by David McKee

“Will the change the game for the north Strip?” So asks the Las Vegas Sun. One could just say “no” and leave it at that, but there’s no getting around that SLS Las Vegas will be in a, um, challenged … Continue reading →

Posted in Atlantic City, Illinois, Internet gambling, Macau, Sheldon Adelson, Technology | Comments Off on SLS arises, Adelson attacks and Atlantic City fights back

Foxwoods, Suffolk struggling in Massachusetts

Posted on November 14, 2013 by David McKee

Foxwoods Resorts Casino‘s inability to keep its financial house in order has, as predicted, caught up with it in Massachusetts. The tribally owned casino’s debt burden put it in the hot seat before the Massachusetts Gaming Commission. Chairman Stephen Crosby … Continue reading →

Posted in Election, Foxwoods, Genting, Harrah's, Internet gambling, Massachusetts, New York, Racinos, Technology, The Mob, The Strip | 1 Comment