Category Archives: Internet gambling

Caesars steals Riv’s thunder; Trouble in Adelsonia

Posted on March 24, 2011 by David McKee

Obviously, the headline from today will be approval by the Nevada Gaming Commission of a partnership between Caesars Entertainment and Israeli-owned, Gibraltar-based 888 Holdings. Since it is simultaneously getting permission to shack up with Internet casino operator 888 and opposing … Continue reading →

Posted in California, Downtown, Election, Florida, Harry Reid, Hawaii, International, Internet gambling, Iowa, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Oscar Goodman, Politics, Regulation, Riviera, Sheldon Adelson, Sports, Tamares Group, Wall Street | Comments Off on Caesars steals Riv’s thunder; Trouble in Adelsonia

Terry the Casino Slayer

Posted on March 24, 2011 by David McKee

When Iowa Gov. Terry Branstad (R) was campaigning to reclaim his old office from Chet Culver (D), he argued against Culver’s casino-expansion plan, arguing that it was economically inadvisable. With the Iowa casino market not so much saturated as waterlogged, … Continue reading →

Posted in Ameristar, Atlantic City, Current, Economy, Election, Harrah's, Herbst Gaming, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Penn National, Politics, Stanley Ho, Taxes, Tribal | Comments Off on Terry the Casino Slayer

This just in: NV ponders ‘Net bets

Posted on March 10, 2011 by David McKee

While certain politicians and even casino executives continue to keep a finger in the dike that protects Americans from — gasp! — gambling online, the dike is fast crumbling around them. Nevada is the latest state to join the jailbreak. … Continue reading →

Posted in Atlantic City, Current, Economy, Harrah's, International, Internet gambling, Iowa, Politics, Regulation, Taxes | Comments Off on This just in: NV ponders ‘Net bets

Wynn hearts Pinnacle; Harrah’s demands aesthetic restraint

Posted on March 9, 2011 by David McKee

Now that former Mirage Resorts CFO Dan Lee is long gone from Pinnacle Entertainment, too, former Lee boss Steve Wynn seems to have changed his opinion about Pinnacle. While I (erroneously) thought that Pinnacle CEO Anthony Sanfilippo‘s erstwhile ties to … Continue reading →

Posted in Architecture, Atlantic City, Current, Dan Lee, Harrah's, Indiana, Internet gambling, Isle of Capri, Louisiana, Marketing, Missouri, Penn National, Pinnacle Entertainment, Planet Hollywood, Regulation, Steve Wynn, The Strip, Tourism, Wall Street | 1 Comment

Loveman 1, Atlantic City 0

Posted on March 3, 2011 by David McKee

After much Hamlet-like deliberation, Gov. Chris Christie (R) put his ixnay on a bill that would have made Internet gambling legal within New Jersey. Citing constitutional issues, he said legislators ought to put the issue to popular vote … a … Continue reading →

Posted in Atlantic City, California, Florida, Harrah's, Illinois, Internet gambling, Iowa, New York, Politics | 1 Comment

Seminoles’ big payday; ‘Net-bet stampede: It’s on

Posted on March 2, 2011 by David McKee

After a full year of Class III gambling, the Seminole Tribe has grossed $2 billion. Depending on how considerably that amount ramps up, the State of Florida will enjoy at least a $1 billion “rake” by the end of Gov. … Continue reading →

Posted in Architecture, Atlantic City, Current, Florida, Harrah's, Internet gambling, Isle of Capri, Kentucky, MGM Mirage, Politics, Racinos, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tribal | 4 Comments

Gary Loveman, not so visionary

Posted on February 18, 2011 by David McKee

Here’s a hypothesis for why the lenders holding the note on Colony Capital‘s underwater (more like submerged in Davey Jones’ Locker), market-lagging Atlantic City Hilton believe they can get as much as $75 million for the old place. If state … Continue reading →

Posted in Alabama, Atlantic City, Colony Capital, Harrah's, Harry Reid, Internet gambling, Politics, Regulation, Sheldon Adelson, Technology | 7 Comments

Quote of the Day

Posted on February 14, 2011 by David McKee

“We can debate whether Iraq now is in better shape than Egypt, but what is not debatable is David Brooks‘s assertion that Saddam [Hussein] would shoot anyone who dared protest in public, or in private, for that matter. He was … Continue reading →

Posted in Current, Internet gambling, Sheldon Adelson | 1 Comment

Kyl: He’s outta there

Posted on February 10, 2011 by David McKee

Gaming executives may not be popping champagne corks at the news that Sen. Jon Kyl (R-AZ) is joining a mass exodus of incumbents prior to the 2012 election. However, they’re undoubtedly happy to be rid of a longtime thorn in … Continue reading →

Posted in Current, Harry Reid, Internet gambling, Politics | 1 Comment

A new “eye in the sky”?

Posted on February 4, 2011 by David McKee

Editor’s note: While I’m occupied on other fronts, guest blogger Alan Saway of software firm Quova takes up the slack, examining some of the infrastructural problems associated with Internet casinos. The Internet Gambling Enforcement Act (UIGEA) of 2006 prohibited online … Continue reading →

Posted in California, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Ohio, Politics, Regulation, Taxes, Technology, Tribal | 3 Comments

What did I just say?

Posted on January 12, 2011 by David McKee

I’m one state closer to making the “under” on my over/under of states likely to put online wagering on the docket this session. Both houses of the New Jersey Legislature have given their approval to a bill that now goes … Continue reading →

Posted in Atlantic City, Cordish Co., Current, Election, Harrah's, International, Internet gambling, Maryland, Massachusetts, Penn National, Pennsylvania, Racinos, Regulation, Sports, Taxes | 1 Comment

Saved!

Posted on January 12, 2011 by David McKee

Illinois‘ casino industry just dodged a bullet the size of a 747 when the lower house failed to bring a gaming-expansion bill to a vote last night. A new Legislature is sworn in today, sending this colossally bad and ill-timed … Continue reading →

Posted in Cirque du Soleil, Current, Economy, Entertainment, Florida, Harrah's, Illinois, Internet gambling, Macau, Melco Crown Entertainment, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Sheldon Adelson, Steve Wynn, The Strip | 4 Comments

Happy New Year?

Posted on December 30, 2010 by David McKee

Since Las Vegas is looking at a 3.5% increase in visitation from New Year’s Eve 2009 and 98% occupancy, the answer is “Yes.” Thank God, because it hopefully means that an equivocal recovery on the Strip is finally gaining traction, … Continue reading →

Posted in California, Charity, CityCenter, Current, Economy, Harrah's, Harry Reid, Internet gambling, Lake Tahoe, Sheldon Adelson, Station Casinos, Tribal, Wall Street | 5 Comments

‘Twere the Case Bets before Christmas

Posted on December 23, 2010 by David McKee

In the casino industry, everything was stirring, including the mice. Cordish’s revenge. It’s a dish best served by opening Cordish Gaming‘s controversial Arundel Mills gambling hall late next year with a temporary, one-year casino. That means karma comes early for … Continue reading →

Posted in Alex Yemenidjian, Animals, Cordish Co., Current, Downtown, Economy, Entertainment, G2E, Harrah's, Internet gambling, Macau, Maryland, MGM Mirage, Minnesota, Ohio, Penn National, Pennsylvania, Politics, Racinos, Singapore, The Mob, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street | Comments Off on ‘Twere the Case Bets before Christmas

Quote of the Day

Posted on December 23, 2010 by David McKee

“When it’s all going to be said and done, Harry Reid has eaten our lunch.” — Sen. Lindsey Graham (R-S.C.), paying the Senate Majority Leader a backhanded compliment. Old Sixty Votes couldn’t advance the cause of online poker but his … Continue reading →

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

Betting on crime; Anniversary in Indiana

Posted on December 21, 2010 by David McKee

Last week’s big chip heist at Bellagio may have left MGM Resorts International with a smidgen of egg on its face but it’s not as though others in the gambling industry have failed to see the opportunity to make money. … Continue reading →

Posted in California, Carl Icahn, Columbia Sussex, Current, Economy, Entertainment, Horseracing, Indiana, Internet gambling, MGM Mirage, New York, Oscar Goodman, Racinos, Taxes, The Strip, Tourism, Tribal, Tropicana Entertainment | 2 Comments

Quote of the Day

Posted on December 13, 2010 by David McKee

“Certainly Vegas interests will be well served by this, but this is first and foremost a consumer protection issue and an opportunity for job creation and revenue for governments. If lawmakers believe the status quo is acceptable, they’re not facing … Continue reading →

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

Sheldon Adelson is so busted

Posted on December 10, 2010 by David McKee

Congratulations, Sheldon Adelson! You’ve just upped your street cred — and become the butt of 1,001 pimp jokes. Is the Las Vegas Sands CEO going to start hangin’ with Snoop Dogg and 50 Cent (or maybe Eliot Spitzer and Hugh … Continue reading →

Posted in Entertainment, G2E, Internet gambling, Macau, Marketing, Massachusetts, Midnight Jim Gibbons, Pennsylvania, Planet Hollywood, Politics, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, Texas, The Mob, The Strip, Tourism | 1 Comment

Cosmo: The curious case of “the curious class”

Posted on December 9, 2010 by David McKee

It seems like David G. Schwartz is everywhere today. Las Vegas’ resident casino expert has not one but two stories out on The Cosmopolitan. From what he writes, Cosmo execs have convinced themselves they’ve reinvented the casino. It hinges upon … Continue reading →

Posted in CityCenter, Cosmopolitan, Current, Donald Trump, G2E, Harry Reid, International, Internet gambling, MGM Mirage, Midnight Jim Gibbons, Sheldon Adelson, Steve Wynn, Taxes, Tribal, Wall Street | 3 Comments

Old Sixty Votes folds again; Butera’s blunder

Posted on December 8, 2010 by David McKee

Hey, Harry Reid, the casino industry called. It wants its money back. In all-too-predictable collapse, Old Sixty Votes threw in the towel on efforts to explicitly legalize online poker in the U.S. Since the issue is now dead for two … Continue reading →

Posted in Carl Icahn, Columbia Sussex, Current, Election, Harrah's, Harry Reid, Horseracing, IGT, Indiana, International, Internet gambling, MGM Mirage, Mississippi, Politics, Sheldon Adelson, Station Casinos, Tribal, Wall Street | 1 Comment