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Category Archives: Iowa
Bluhm’s big push; Gary dissed; Oscar betting debuts
Neil Bluhm isn’t waiting like some blushing wallflower for the Massachusetts Gaming Commission to approve him for a casino in Brockton. He’s spent $430,000 on Beacon Hill to make his $700 million casino project in reality. To put that in … Continue reading
Posted in Ameristar, Architecture, Caesars Entertainment, Cirque du Soleil, Economy, Entertainment, Genting, Indiana, Iowa, Law enforcement, Majestic Star, Massachusetts, Movies, Neil Bluhm, Penn National, Politics, Regulation, Rhode Island, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal
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New strategy at Ocean Resort; What’s in your wallet?
Stuck in last place in the Atlantic City casino scene, Ocean Resort is going to try a new tack by supersizing its entertainment lineup, in what as described as a “cutthroat Atlantic City nightlife market.” Performers booked for Ocean’s 5,500-seat concert … Continue reading
Posted in Atlantic City, Bruce Deifik, Dan Gilbert, Entertainment, Hard Rock International, International, Iowa, Ohio, Problem gambling, Warner Gaming
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Stasis in Missouri; Steve Wynn’s got a secret
Missouri casinos grossed $138 million last month, essentially flat with 2017. The big winner was Eldorado Resorts, up 19% at Lumiere Place (shown, $13 million) but 9% lower at Isle of Capri Kansas City ($5 million). Boyd Gaming had an inauspicious … Continue reading
Posted in Affinity Gaming, Ameristar, Boyd Gaming, Economy, Eldorado Resorts, Galaxy Entertainment, International, Iowa, Isle of Capri, Las Vegas Sands, Macau, Massachusetts, Melco Crown Entertainment, MGM Resorts International, Missouri, Penn National, Regulation, Sociedade de Jogos de Macau, Steve Wynn, Wynn Resorts
1 Comment
Quote of the Day
“It means self-sufficiency, the sovereignty that we had for millennia. Gaming will be part of who we are, but it will not define who we are … Lifting our own, and our community, absolutely defines who we are.” — Ponca Tribe Chairman … Continue reading
Massachusetts’ fate tied to Wynn’s
There’s light at the end of Wynn Resorts‘ tunnel in Massachusetts. Trouble is, it won’t arrive until December and it will take the form of an investigative report, nearly a year in the making, from the Massachusetts Gaming Commission (postponed … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Cordish Co., Greenwood Racing, Harrah's, history, International, Iowa, Massachusetts, MGM Resorts International, Nebraska, Pennsylvania, Pinnacle Entertainment, Regulation, Sexual misconduct, Sports, Sports betting, Steve Wynn, Tribal, William Hill, Wynn Resorts
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Boyd captures Valley Forge; An historic first at the Plaza
Boyd Gaming is officially in the Pennsylvania market, having closed its $280.5 million purchase of Valley Forge Casino Resort. The company now gets to grapple for a piece of the crowded Philadelphia market. And don’t think Harrah’s Philadelphia won’t tout … Continue reading
Hot in August
Regional casinos were the big story last month, with four crucial jurisdictions all posting gains. (So, too, did Iowa but we rarely cover it in S&G because so few of the innumerable casinos make major amounts of revenue.) Maryland hopped … Continue reading
Posted in Affinity Gaming, Ameristar, Caesars Entertainment, Cordish Co., Dan Gilbert, Eldorado Resorts, Full House Resorts, GLPI, Golden Gaming, Hard Rock International, Indiana, Iowa, Majestic Star, Maryland, MGM Resorts International, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Taxes, Tribal, Tropicana Entertainment
1 Comment
Pols slow to move on sports betting
We thought we’d check up on what some of our favorite state legislators are doing about sports betting, now that it’s theoretically legal in their state (well, it’s complicated). In New York, Assemblyman Gary Pretlow (D) intends to introduce a … Continue reading
Posted in California, Foxwoods, Hawaii, Idaho, Iowa, Kazuo Okada, Louisiana, Mandalay Bay Massacre, Mesquite, Mohegan Sun, New York, Penn National, Politics, Sports betting, Technology, Tourism, Transportation
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More woes for Wynn; Unlucky 13 in Macao
Update: All charges in this case were dismissed, as the alleged rape was found to be a fabrication. Wynn Las Vegas‘ status as the poster child for sexual assault on the Las Vegas Strip just got another boost. SoCal dentist Poria … Continue reading
Posted in Architecture, Caesars Entertainment, Dining, Economy, Election, Georgia, Iowa, Law enforcement, Macau, Marketing, Massachusetts, Politics, Sexual misconduct, Sociedade de Jogos de Macau, Taxes, The Strip, Wall Street, Wynn Resorts
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MGM, Boyd make sports-betting pact; Win-win for Dover Downs
“We are in an envious position when it comes to this growth opportunity. Few companies can match our 40 plus years of experience in sports wagering, our significant sports betting infrastructure here in Nevada and our growing geographical footprint across … Continue reading
Posted in Arkansas, Colorado, Delaware, Election, Greenwood Racing, Illinois, Indiana, Internet gambling, Iowa, Kansas, Louisiana, Massachusetts, MGM Resorts International, Mississippi, Missouri, Neil Bluhm, Ohio, Pennsylvania, Racinos, Regulation, Rhode Island, Sports betting, Taxes, Tribal, Wall Street
1 Comment
Sheldon’s sphere; Macao renewal delayed
In a wise move, Las Vegas Sands is investing $75 million in the event sphere being built behind Venelazzo by Madison Square Garden Co. By taking an equity position in the innovative venue, Sands presumably gains the potential to redeploy … Continue reading
Posted in Architecture, Iowa, Japan, Las Vegas Sands, Macau, MGM Resorts International, Nebraska, Problem gambling, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Sports betting, The Strip, Tribal, TV
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Midwest torpor; Freeman says goodbye
A wave of prosperity among Midwest casinos has hit the wall, at least for the near term. Indiana and Missouri joined Illinois, Ohio and Iowa in reporting flat year/year gaming revenues for May. In Indiana, gamblers were losing 15.5% more … Continue reading
Posted in Ameristar, Boyd Gaming, Brazil, Centaur Gaming, Eldorado Resorts, Full House Resorts, Geoff Freeman, Harrah's, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Law enforcement, Macau, Majestic Star, Melco Resorts & Entertainment, Missouri, Ohio, Penn National, Pinnacle Entertainment, Sheldon Adelson, Tribal, Tropicana Entertainment
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Macao disappoints Wall Street; Tribal troubles
Wall Street was expecting 18.5% gaming-revenue growth out of Macao last month. It got ‘only’ 12%, the Street not having taken an abbreviated Golden Week into account. Furthermore, the enclave had a hard act to follow, its revenue having vaulted … Continue reading
Posted in California, Dining, Economy, Foxwoods, Galaxy Entertainment, Genting, Iowa, Japan, Macau, MGM Mirage, Mohegan Sun, Nebraska, New York, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Tourism, Tribal, Wall Street
3 Comments
Icahn out, Eldorado in; Caesars balks at Hoosier fee
Carl Icahn was in a selling mood last weekend, cashing out of Tropicana Entertainment. The buyer was Eldorado Resorts, which paid Icahn $1.85 billion, then flipped nearly all the physical assets to Gaming & Leisure Properties for $1.2 billion. Not content … Continue reading
Posted in Ameristar, Atlantic City, Carl Icahn, Centaur Gaming, Charity, Dining, Eldorado Resorts, Florida, GLPI, Hard Rock International, Illinois, Indiana, International, Internet gambling, Iowa, Lake Tahoe, Laughlin, Law enforcement, Louisiana, Massachusetts, MGM Mirage, Mississippi, Penn National, Pennsylvania, Regulation, Seminole Tribe, Tropicana Entertainment, Wall Street
1 Comment
Pennsylvania casino draws no bids; Louisiana: Raise the levies!
What if they gave a casino and nobody came? That’s literally what took place in Pennsylvania where the fifth mini-casino license received no bids. Nada. Nix. Bupkes. From this point forward, Valley Forge Casino and Lady Luck Nemacolin will be … Continue reading
Posted in Boyd Gaming, Churchill Downs, DFS, Greenwood Racing, Internet gambling, Iowa, Louisiana, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Problem gambling, Racinos, Sheldon Adelson, Taxes, Tribal
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Greed in Japan; IGT embraces diversity
“Japan Junks it Up.” That was Global Gaming Business‘ teaser for an article on investment-killing measures that have a strong chance of making it into the Liberal Democratic Party‘s casino-implementation bill. Jim Murren might want to think twice about sinking … Continue reading
Kentucky legislators try again; Del Lago: The dog ate our revenues
Kentucky is resuming its off-again/on-again flirtation with casino gambling. The reasoning was predictable. “The reason this idea has been on the radar for years is that we know we’ve been headed towards very bleak budgets. Well, we’re there now,” said state … Continue reading
Posted in Iowa, Kentucky, Nebraska, New York, Pennsylvania, Politics, South Dakota, Taxes, Tribal, Wall Street
Comments Off on Kentucky legislators try again; Del Lago: The dog ate our revenues
Wynn’s disgrace continues; Robots overthrow Las Vegas
It’s getting to the point that one wishes Steve Wynn would just go away quietly and take the saga of his sagging, septuagenarian genitals with him. But the news is rarely convenient like that. Fox News is reporting that the … Continue reading
Posted in Colony Capital, Economy, GLPI, history, Illinois, Iowa, Massachusetts, Regulation, Steve Wynn, Technology, Unite-Here
3 Comments
Lion attempts to devour Caesar; Louisiana casinos to come ashore?
That proposed takeover of Vici Properties by MGM Growth Properties looks stranger by the day. Since it would be a transaction between two landlords, it would not require Nevada regulatory approval. But it would not, contrary to its initial appearance, … Continue reading
Posted in Atlantic City, Cordish Co., Genting, Greenwood Racing, Harrah's, Illinois, Indiana, Iowa, Kentucky, Lake Tahoe, Louisiana, MGM Mirage, Mississippi, Missouri, New York, Pennsylvania, Politics, Regulation, Reno, Sports, Station Casinos, Taxes, Wall Street
1 Comment
Revel sold (again); Freeman slams Indiana bill
Glenn Straub wins our Liar Liar Pants on Fire Award hors concours for dissembling about any intentions to sell Revel while negotiating a deal to do precisely that. Give him credit, though, for raising the defunct megaresort’s value: The $200 … Continue reading
