Category Archives: Kansas

Everything’s coming up Penn

As befits a proud papa, Penn National Gaming has been showing Wall Street analysts around its newest offspring: Hollywood Casino Toledo. The metrics are pretty awe-inspiring. Already the customer database is approaching 50,000 players and 47% of all slot play … Continue reading

Posted in Ameristar, Current, Dan Lee, Detroit, Don Barden, Harrah's, Illinois, Indiana, International, Isle of Capri, Kansas, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, MTR Gaming, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Tribal | 3 Comments

Boyd takes Peninsula, punts Echelon (again)

Ever since a highly quixotic and even nonsensical attempt to take over most of Station Casinos, the cards have been played very, very close to the vest at Boyd Gaming. However, like another second-tier major, Ameristar Casinos, it’s showing renewed … Continue reading

Posted in Ameristar, Boyd Gaming, Columbia Sussex, Current, Economy, Harrah's, Iowa, Kansas, Louisiana, MGM Mirage, Mississippi, Pinnacle Entertainment, Racinos, Station Casinos, The Strip, Wall Street | 1 Comment

Tropicana Toronto? CityCentre? Horseshoe Etobicoke?

There’s a dark horse in the race for a Toronto megaresort … very dark. It’s Onex Corp., known to you and me as the owner of the Tropicana Las Vegas. Onex subsidiary Casino ABS owns four of the largest casinos … Continue reading

Posted in Alex Yemenidjian, Current, Economy, Election, Harrah's, Horseracing, International, Kansas, Macau, Maryland, MGM Mirage, Midnight Jim Gibbons, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism, Wall Street | Comments Off on Tropicana Toronto? CityCentre? Horseshoe Etobicoke?

Massachusetts: Now *this* is interesting; Bluhm’s shameless hypocrisy; Casino John

In an attempt to shave a few months off their casino-approval timeline, the Massachusetts Gaming Commission is going to put the horse before the cart. (I guess you’d call it a “Massachusetts Miracle.”) Potential operators’ fiscal and ethical probity will … Continue reading

Posted in Ameristar, Atlantic City, Current, Don Barden, Donald Trump, Economy, Harrah's, Horseracing, International, Iowa, Kansas, Macau, Massachusetts, MGM Mirage, Neil Bluhm, New York, Ohio, Pansy Ho, Penn National, Pennsylvania, Politics, Racinos, Regulation, Singapore, Taxes, Tribal | 1 Comment

Gilbert, Caesars hit Ohio speed bump; Maple Leaf misadventure; Rearranging deck chairs on the WesCas

Rub a dub-dub, three companies in a tub called Rock Ohio Caesars. In emulation of Nevada‘s built-first-license-later system, the Ohio Casino Control Commission is just getting around to mulling the bonafides of Horseshoe Casino Cleveland‘s shareholders. Little-publicized minority partner Lyle … Continue reading

Posted in Columbia Sussex, Current, Detroit, Harrah's, Horseracing, International, Iowa, Kansas, Lyle Berman, Macau, Massachusetts, MGM Mirage, Ohio, Pennsylvania, Politics, Regulation, Sports, Stanley Ho, The Strip, Wall Street | 2 Comments

Penn, Vegas to GSA: Thank you!; What price Victorville?

With so many fine hotels to choose from in Las Vegas, it’s no wonder that it took disgraced General Services Administration Regional Commissioner Jeffrey Neely no fewer than eight ‘fact-finding’ missions at a cost of $130,000 (or $16,250 per vacation … Continue reading

Posted in Ameristar, Cordish Co., Current, Economy, Entertainment, Hard Rock Hotel, Harrah's, Harry Reid, Illinois, International, Isle of Capri, Kansas, Maryland, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Technology, The Strip, Tourism, Transportation, TV, Wall Street, Warner Gaming | 1 Comment

Adelson minions visit Encore: Big Gaming courts Wall Street

There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia | Comments Off on Adelson minions visit Encore: Big Gaming courts Wall Street

No cannibalization in K.C.!; Nebraska: Phhhhhttt!

February numbers are in for Hollywood Casino at Kansas Speedway and it lifted the entire K.C. market 24%, grossing $15 million in 26 days. Once the Hollywood effect is sifted out of monthly revenues, all other casinos were down only … Continue reading

Posted in Ameristar, Current, Harrah's, Horseracing, Isle of Capri, Kansas, Missouri, Nebraska, New York, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Wall Street | Comments Off on No cannibalization in K.C.!; Nebraska: Phhhhhttt!

And then there were three; What’s next in Florida?; New problem for Illinois

While the rest of America was betting on a little thing we call the Super Bowl … Unless it can find somebody to relieve it of a fourth and final gaming license, in southeastern Kansas, the Sunflower State’s casino-expansion program … Continue reading

Posted in Election, Genting, Illinois, Kansas, Massachusetts, Penn National, Politics, Racinos, Sheldon Adelson, Sports, Taxes, Tribal | 2 Comments

“Luck” you!; A new gaming bonanza?

Last week, Mandalay Bay hosted an advance screening of the pilot episode of Luck, which debuted on HBO last night. If it was hard to follow on the ginormous MBay screen, I cannot imagine how impenetrable it seemed on a … Continue reading

Posted in Ameristar, California, Horseracing, Kansas, Maine, Missouri, Ohio, Pinnacle Entertainment, Problem gambling, Racinos, South Carolina, Taxes, Tribal, TV | 5 Comments

Another domino wobbles; Western, R.I.P.; Fighting over pocket change?

Add South Carolina to the list of states that could be suddenly taking a more favorable view of casino gambling. What the United Keetowa Band of Cherokee Indians is pitching have to be compacted with Gov. Nikki Haley (R, right). … Continue reading

Posted in Atlantic City, California, Downtown, history, Internet gambling, Iowa, Kansas, Missouri, Ohio, Penn National, Politics, Regulation, South Carolina, Tamares Group, Tribal | 2 Comments

What if they gave a casino and no one came?

Such been the plight of Maryland, a state that’s experienced the curious predicament of having more casino licenses than applicants. It’s much the same as Kansas, where things have gone awful quiet. Now, Kansas is like a corn-fed Macao: You … Continue reading

Posted in Cordish Co., Current, Donald Trump, Economy, G2E, Harrah's, International, Isle of Capri, Kansas, Macau, Maryland, Ohio, Penn National, Racinos, Regulation, Taxes, West Virginia | 1 Comment

Thaw in Massachusetts? Hilton has left the building

After screwing the pooch in the previous legislature, it looks as though Gov. Deval Patrick (D-MA) and state lawmakers are finally on the same page regarding casino expansion in the Bay State. Analyst Joseph Greff rates the solons’ chances of … Continue reading

Posted in Atlantic City, Bally Technologies, Colony Capital, Current, Economy, Genting, Horseracing, IGT, Isle of Capri, Kansas, Marketing, Maryland, Pennsylvania, Politics, Racinos, Regulation, Singapore, Taxes, The Strip, Tourism, Tribal, Wall Street, Warner Gaming, WMS Industries | 2 Comments

Ruffin it; Atlantic City: up in smoke?

“Nightclubs — we just didn’t fare well with them. There are so many nightclubs. Everyone’s got just one or two. Ours were just marginal.” That’s Treasure Island owner Phil Ruffin‘s argument for repositioning the pirate place for a mid-market, middle-aged … Continue reading

Posted in Atlantic City, Boyd Gaming, Cirque du Soleil, Dennis Gomes, Donald Trump, Economy, Entertainment, Environment, Hard Rock Hotel, Harrah's, history, Horseracing, Kansas, Macau, Marketing, Massachusetts, Morgans Hotel Group, New York, Pennsylvania, Phil Ruffin, Politics, Problem gambling, Racinos, Regulation, Station Casinos, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street, Warner Gaming | 1 Comment

Johnny Casino, thug; Truce at the Trop; The T-Word

Although the Mob may have left Las Vegas, its strong-arm tactics are still in use. Respected casino architect Paul Steelman found that out when he wouldn’t give a job to John Ensign‘s borderline-illiterate former chief of staff, Doug Hampton. Drunk … Continue reading

Posted in Atlantic City, Carl Icahn, Colony Capital, Columbia Sussex, Culinary Union, Current, Dennis Gomes, Donald Trump, Economy, Harrah's, Harry Reid, Kansas, MGM Mirage, Penn National, The Mob, The Strip, Tourism, Tropicana Entertainment, Wall Street | 3 Comments

Kasich screws casinos; Adelson screws the pooch

Our next-to-worst fears for Ohio have come to pass: Caesars Rock Ohio has temporarily pulled the plug on both its Cincinnati (above) and Cleveland casinos. It’s the latest escalation in a war between developers and state government, which wants to … Continue reading

Posted in Cannery Casino Resorts, Current, Economy, Hard Rock Hotel, International, Kansas, Macau, Marketing, Ohio, Penn National, Politics, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, The Strip, TV, Wall Street | 3 Comments

HRH: When the Scheetz hit the fan

Thanks to the S&G reader who provided me with that ready-made headline. Yes, Morgans Hotel Group has closed the book on Scheetz’s Folly, the $770 million purchase of the Hard Rock Hotel & Casino. The Sun‘s Liz Benston lays out … Continue reading

Posted in Boyd Gaming, Current, Golden Gaming, International, James Packer, Kansas, Morgans Hotel Group, The Strip, Wall Street | 3 Comments

Power shift at Ameristar

No longer will the Craig H. Neilsen Foundation be calling the shots at Ameristar Casinos. The financial needs of the nonprofit have led Ameristar Chairman Ray Neilsen to liquidate 83% of the foundation’s stake in ASCA for an above-market $17.50. … Continue reading

Posted in Ameristar, Boyd Gaming, Harrah's, Indiana, Kansas, Marketing, Missouri, Penn National, Planet Hollywood, The Strip, Transportation, Wall Street | 4 Comments

Dan Lee’s revenge & comeuppance for Penn in Louisiana

While the casino industry suffers no shortage of big egos, Penn National Gaming CEO Peter Carlino zooms past that, heading full speed toward arrogance. When not trying to use the political process to sandbag its competitors, Penn occasionally builds casinos. … Continue reading

Posted in Atlantic City, Current, Dan Lee, Economy, Kansas, Louisiana, M Resort, Missouri, Ohio, Penn National, Pinnacle Entertainment, Regulation, Texas, Wall Street | 9 Comments

Adelson dealt a setback

Florida casinos, the latest pet project of Sheldon Adelson and new ally Gov. Rick Scott (R), got the back of the hand from Miami Beach‘s city commission. Since Miami Beach is the most desirable casino zipcode in the state, this … Continue reading

Posted in Arizona, Boyd Gaming, Current, Florida, Isle of Capri, Kansas, Politics, Racinos, Regulation, Sheldon Adelson, Tribal, Wall Street | 1 Comment