Category Archives: Iowa

This just in …

Posted on May 13, 2010 by David McKee

Casino regulators in Iowa have dealt a sweeping rebuff to Gov. Chet Culver (D). While the Hawkeye State’s Racing & Gaming Commission gave its nod to a casino targeted primarily at the South Dakota market, it backhanded three other proposals. … Continue reading →

Posted in Colony Capital, Current, Economy, Entertainment, Iowa, MGM Mirage, Politics, Regulation, The Strip | Comments Off on This just in …

Tipping the scales

Posted on March 22, 2010 by David McKee

There’s a Nobel Prize in Economics (or something) for whomever can figure out how to disentangle gambling from politics. Case in point: Iowa, where Gov. Chet Culver (D, left) has a heavy thumb on the scales of regulation. Culver’s made … Continue reading →

Posted in Herbst Gaming, Iowa, Politics, Regulation | Comments Off on Tipping the scales

Bad PR for gaming

Posted on March 12, 2010 by David McKee

Mike Ensign‘s 96 dimes of hush money to his son’s mistress’ pimp daddy (aka Doug Hampton) and “Casino Jack” Abramoff make cameo appearances in this attack ad (found via @RalstonFlash). Throw in the heavy-handed meddling in casino affairs of Gov. … Continue reading →

Posted in Current, Election, Iowa, Marketing, New York, Politics, Racinos, Regulation, Reno, Sahara, TV | Comments Off on Bad PR for gaming

Harrah’s monster month & other matters

Posted on March 11, 2010 by David McKee

So big it’s practically an island unto itself, Horseshoe Hammond had another blockbuster month, dominating all Indiana casinos with $47 million in revenue — a 7% increase. Excepting a 4% upturn aboard Don Barden‘s beleaguered Majestic Star II, that was … Continue reading →

Posted in Ameristar, Boyd Gaming, Cirque du Soleil, Don Barden, Entertainment, Harrah's, Indiana, Iowa, Pennsylvania, Politics, Regulation, Taxes, Tribal | Comments Off on Harrah’s monster month & other matters

Kudos for Loveman

Posted on February 9, 2010 by David McKee

Harrah’s Entertainment is no longer going to the dogs — or won’t be, if it gets its way in Iowa. It’s offered to pay the Hawkeye State a tidy $70 million in exchange for being released from its greyhound-racing requirement … Continue reading →

Posted in Animals, Harrah's, Iowa, Racinos, Regulation, Sports | 1 Comment

Case Bets: ColSux, Wynn, Agassi, Lake LV, ‘Vega$’

Posted on October 30, 2009 by David McKee

Proverbial “flu-like symptoms” have me feeling light-headed and rather woozy (a delayed reaction to Wayne Newton?), for which the doctor prescribes a dosage of Case Bets … Another ColSux sale: Struggling hotelier Columbia Sussex has, for the not-inconsiderable sum of … Continue reading →

Posted in Columbia Sussex, Current, Dining, Downtown, Encore, Iowa, Lake Las Vegas, Louisiana, Oscar Goodman, Politics, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, TV | 3 Comments

Case Bets: Corzine, Penn vs. MTR, Pinnacle, Manilow & strippers

Posted on October 7, 2009 by David McKee

Forbidden by New Jersey law from directly contributing to political campaigns, casino companies are making an end run through Virginia. Harrah’s Entertainment, Boyd Gaming and IGT are among those funneling campaign cash into a reverse version on the Underground Railroad. … Continue reading →

Posted in Atlantic City, Boyd Gaming, Current, Economy, Election, Entertainment, Harrah's, Horseracing, IGT, Illinois, Iowa, Kansas, Louisiana, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, The Strip | Comments Off on Case Bets: Corzine, Penn vs. MTR, Pinnacle, Manilow & strippers

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

Illinois does it again; Storm over CityCenter

Posted on August 20, 2009 by David McKee

A new law in Illinois that legalizes video poker statewide may have some unforeseen consequences. Namely, video gambling at truck stops throughout the Land of Lincoln. This represents a much bigger expansion than was originally sold to the public. Whenever … Continue reading →

Posted in CityCenter, Current, Economy, Entertainment, Illinois, Iowa, MGM Mirage, Missouri, Wall Street | Comments Off on Illinois does it again; Storm over CityCenter

More Midwest notes

Posted on July 14, 2009 by David McKee

Continuing a trend of lower-than-projected returns across the Midwest, Iowa's riverboats were flat last month and racinos saw a 5% decline. All major operators lost ground but something is very wrong at Ameristar Casinos, whose Council Bluffs boat was way … Continue reading →

Posted in Ameristar, Bally Technologies, Detroit, Economy, IGT, Illinois, Iowa, MGM Mirage, WMS Industries | Comments Off on More Midwest notes

Case Bets: Packer & Ho, Sands Bethlehem, MGM Mirage, Ameristar, Penn, Harrah's, etc.

Posted on June 3, 2009 by David McKee

• Smashing guitars — but not over each other’s noggins — James Packer and Lawrence Ho christened City of Dreams. The younger Ho downplayed expectations of foot traffic, saying his $2.4 billion megaresort could get by on far fewer visitors … Continue reading →

Posted in Ameristar, Cordish Co., Current, Detroit, Economy, Election, Harrah's, Horseracing, Iowa, James Packer, Lawrence Ho, Macau, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Wall Street | Comments Off on Case Bets: Packer & Ho, Sands Bethlehem, MGM Mirage, Ameristar, Penn, Harrah's, etc.

Isle: Goldstein out, Perry in; Trump pummeled

Posted on March 5, 2008 by David McKee

Isle of Capri Casinos announced widening Y/Y losses today, along with the retirement of CEO Bernard Goldstein after 16 years at the helm. He gives way to board member James Perry, former CEO of Argosy Gaming and (briefly) Trump Entertainment. … Continue reading →

Posted in Atlantic City, Columbia Sussex, Donald Trump, Iowa, Isle of Capri, Louisiana, Marketing, Mississippi, Penn National, Pennsylvania, Singapore, Wall Street | 1 Comment