Category Archives: Internet gambling

Case Bets: Net Bets, Harrah’s money grab & why China matters

Posted on January 20, 2010 by David McKee

Mark Juliano, CEO of Trump Entertainment Resorts, has been all over the papers lately. First, he came out in support of a massive taxpayer subsidy (backed by two unions) that would forgive Revel 75% of its room and sales taxes … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Economy, Harrah's, Horseracing, International, Internet gambling, Macau, MGM Mirage, Midnight Jim Gibbons, Politics, Racinos, Regulation, Taxes, The Strip | 3 Comments

Hard time for Carruthers

Posted on January 8, 2010 by David McKee

Former Betonsports PLC CEO David Carruthers drew 33 months in the slammer for racketeering. The law under which he was convicted, Slick Billy Frist‘s odious UIGEA, is ludicrous and overdue for repeal, but the recklessnss of Carruthers and company founder … Continue reading →

Posted in International, Internet gambling, Regulation, Texas | Comments Off on Hard time for Carruthers

‘Tis the season

Posted on December 23, 2009 by David McKee

Kansas Gov. Mark Parkinson cuts the ribbon on Boot Hill Casino. The gentleman at the rear in the red tie is the Kansas Lottery’s Ed Van Petten, taking time out from carrying water for Mike Ensign. Having been on the … Continue reading →

Posted in Alex Yemenidjian, Archon Corp., Boyd Gaming, Cannery Casino Resorts, Carl Icahn, CityCenter, Colony Capital, Columbia Sussex, Don Barden, Donald Trump, Economy, Election, Entertainment, Environment, Fontainebleau, Harrah's, Harry Reid, Internet gambling, Isle of Capri, Jack Binion, James Packer, Kansas, M Resort, Macau, MGM Mirage, Neil Bluhm, Oscar Goodman, Penn National, Pets, Phil Ruffin, Politics, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Technology, The Strip, Tourism, Tribal | 8 Comments

Commercial of the Month

Posted on November 20, 2009 by David McKee

Although Gr88.com has endured some S&G razzing of late, this gloss on 300 gave me a chuckle. Its only arguable drawback is that its “Leonidas” is no Gerard Butler, as I’m sure the ladies in our readership will concur.

Posted in International, Internet gambling, Marketing, Movies | Comments Off on Commercial of the Month

They lost it at the movies

Posted on October 30, 2009 by David McKee

Every so often, LVA gets a press release that deserves to be mocked. This is one of those times. In order to promote Gr88.com, the creators of the site have deigned to release a list of “Poker Films of All … Continue reading →

Posted in Internet gambling, Movies, TV | 8 Comments

What's a Trump casino worth?

Posted on October 8, 2009 by David McKee

Only $14 million in cash (plus a $100 million equity infusion), according to The Donald. Bondholders say, we’ll see your $115 million and raise you $100 million. The latter would recoup at least some — but not very much — … Continue reading →

Posted in Atlantic City, Baseball, Current, Donald Trump, Fontainebleau, Harrah's, Harry Reid, Horseracing, Illinois, International, Internet gambling, Lawrence Ho, M Resort, Macau, Massachusetts, Melco Crown Entertainment, Neil Bluhm, Ohio, Oklahoma, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Sports, Station Casinos, Steve Wynn, Taxes, Texas, Tribal | Comments Off on What's a Trump casino worth?

Crime doesn't pay; Wyden wimps out

Posted on September 25, 2009 by David McKee

Five dimes worth of damage, $40,000 bail — and all to wrest a measly two grand from some vending machines at Harrah’s Atlantic City. That’s the losing bet made by two security guards. Couple this with the floormen who destroyed … Continue reading →

Posted in Atlantic City, Harrah's, Harry Reid, Horseracing, Internet gambling, Louisiana, Neil Bluhm, Ohio, Oklahoma, Pennsylvania, Planet Hollywood, Politics, Sheldon Adelson, Technology, Wall Street | Comments Off on Crime doesn't pay; Wyden wimps out

From the mailbag #5

Posted on September 23, 2009 by David McKee

Our Comment-Eating Server has been at it again, so here are a few reader remarks that got devoured in cyberspace (where no one can hear you scream at your computer) … With regard to “Gambling Scandal Ensnares Eight More“: This … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Environment, Harrah's, International, Internet gambling, Isle of Capri, Labor, Regulation, The Mob, The Strip, Tribal | Comments Off on From the mailbag #5

Atlantic City sucks …

Posted on September 22, 2009 by David McKee

… says the Motley Fool, in essence. Even Borgata, which posted a higher operating profit year/year, is deemed merely to suck less than everybody else. I’m not sure I’m with the Fools on this one. For instance, shouldn’t Sands Bethlehem … Continue reading →

Posted in Ameristar, Atlantic City, Carl Icahn, Colorado, Detroit, Donald Trump, Florida, Internet gambling, Macau, MGM Mirage, Pinnacle Entertainment, Regulation, Sheldon Adelson, Stanley Ho, Tribal, Wall Street | Comments Off on Atlantic City sucks …

Gambling scandal ensares eight more

Posted on September 21, 2009 by David McKee

It’s not quite on the global scale of the Ultimate Bet brouhaha, but the Tran Organization‘s conspiracy to fleece dozens of U.S., Canadian and tribal casinos is racking up an amazing head count. To date, federal prosecutors have already nailed … Continue reading →

Posted in Ameristar, California, Colony Capital, Don Barden, Donald Trump, Harrah's, Indiana, International, Internet gambling, Iowa, Isle of Capri, Louisiana, MGM Mirage, Mississippi, Penn National, Pinnacle Entertainment, Regulation, Station Casinos, The Mob, The Strip, Tribal | Comments Off on Gambling scandal ensares eight more

Penn finally makes a move

Posted on July 14, 2009 by David McKee

Well, let's not get all excited yet. Penn National has bought a puny stake in Morris Goldstein & Assoc., a slot distributor. It's a bit of kabuki theatre whereby Penn and executives CEO Peter Carlino, President Tim Wilmott, CFO Bill … Continue reading →

Posted in Donald Trump, Internet gambling, Macau, Penn National, Regulation, Riviera, Tourism | Comments Off on Penn finally makes a move

Don't do it, Alex!

Posted on June 25, 2009 by David McKee

Noooooooo! That was my reaction upon reading the Mike Weatherford shocker that the Tropicana Las Vegas may be putting many of its future entertainment eggs in the basket of Anthony Cools. The latter produced an ultra-craptacular topless show, Ooh La … Continue reading →

Posted in Alex Yemenidjian, Entertainment, Harrah's, Internet gambling, Macau, MGM Mirage, Planet Hollywood, Regulation, Tropicana Entertainment | Comments Off on Don't do it, Alex!

Case Bets: Colony Capital, Siegfried & Roy, Obama smacks poker players

Posted on June 15, 2009 by David McKee

“Bats hang over the doorway to the building that housed Mr. Jackson’s private arcade; guano stains the threshold.” That’s how the Wall Street Journal describes Michael Jackson‘s decaying Neverland Ranch. It gets even freakier from there, with the WSJ receiving … Continue reading →

Posted in California, Colony Capital, Entertainment, International, Internet gambling, Movies, Politics, Regulation, Station Casinos, The Strip, TV | Comments Off on Case Bets: Colony Capital, Siegfried & Roy, Obama smacks poker players

Garber to Harrah's? Apparently not

Posted on April 16, 2009 by David McKee

So is former PartyGaming PLC supremo Mitch Garber going to Harrah’s Entertainment or isn’t he? As of yesterday, it appears that the company is denyinga London Times report that it had signed Garber to head up a conglomeration of its … Continue reading →

Posted in Colony Capital, Harrah's, International, Internet gambling, MGM Mirage, Regulation, The Strip, World Series of Poker | Comments Off on Garber to Harrah's? Apparently not

Case Bets: Seminoles, Iverson, Harrah's, PartyGaming, Station's luck, etc.

Posted on April 15, 2009 by David McKee

Down in Florida, the tide may be turning in favor of the Seminole Tribe. Both the Florida Retail Federation and Restaurant Lodging Association have thrown their support behind the status quo, as represented by Gov. Charlie Crist‘s Class III casino … Continue reading →

Posted in Boyd Gaming, Colony Capital, Detroit, Don Barden, Florida, Harrah's, Horseracing, Internet gambling, Maryland, MGM Mirage, Pennsylvania, Politics, Regulation, Reno, Sports, Station Casinos, Tribal, Wall Street | Comments Off on Case Bets: Seminoles, Iverson, Harrah's, PartyGaming, Station's luck, etc.

21

Posted on December 31, 2008 by David McKee

That's the number of predictions for 2009 issued by Spectrum Gaming Group, an Atlantic City-based outfit. They are, in no particular order: • Advancements in technology that impact revenues and cut costs will continue to be attractive to operators even … Continue reading →

Posted in Boyd Gaming, Colony Capital, Columbia Sussex, Cosmopolitan, Current, Don Barden, Economy, Harrah's, Herbst Gaming, IGT, International, Internet gambling, Isle of Capri, Macau, Marketing, MGM Mirage, Morgans Hotel Group, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, Tribal, Wall Street | Comments Off on 21

Winners & Losers

Posted on November 5, 2008 by David McKee

And now the obligatory post-Election, What’s-it-all-about-Alfie roundup … Culinary Union 1, Casino CEOs O: True, the Culinary tripped all over its own feet in the early going, leading to Democratic caucuses that weren’t so much “Barackular” as “debacular.” But D. … Continue reading →

Posted in Alaska, Ameristar, Atlantic City, California, Colorado, Current, Donald Trump, Economy, Election, Florida, Gary Goett, Harrah's, IGT, Internet gambling, MGM Mirage, Mississippi, Missouri, Pinnacle Entertainment, Politics, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Comments Off on Winners & Losers

Alaska nixes gambling; Politics here, Harrah's there

Posted on September 2, 2008 by David McKee

With Alaska and its governor all over the news of late, I got to wondering what had become of that ballot initiative, backed by bar owners, to expand gambling in Alaska. As it happens, the initiative was voted down, the … Continue reading →

Posted in Alaska, Detroit, Election, Internet gambling, Kansas, Politics, Tribal | Comments Off on Alaska nixes gambling; Politics here, Harrah's there