Category Archives: Macau

High Sierra; This and that

If you want to get away from it all and gamble at the same time, head north — way north — to tiny and isolated Jarbidge, Nevada. That is the home of the Silver State’s newest casino license, that of … Continue reading

Posted in Economy, history, Horseracing, International, Macau, Nevada, New York, Racinos, Slot routes, Sports, Taxes | Comments Off on High Sierra; This and that

Quote of the Day

“No operator has a clear sense of this process … Another comment we heard was that foreign players/interest will still be meaningful since it may be easier to control foreigners than the local guys.” — JP Morgan analyst Joseph Greff, just … Continue reading

Posted in Macau, Regulation, Wall Street | Comments Off on Quote of the Day

“Cashless casinos” in China; Keeping score in Louisiana

Could Chinese players go for gambling if the winnings aren’t monetary? That’s the wager resort owners on the island of Hainan plan to make if the central government gives them a much-hoped-for exception. Just as players wager for trinkets in … Continue reading

Posted in Atlantic City, Boyd Gaming, DFS, Election, Harrah's, Horseracing, International, Japan, Louisiana, Macau, Marketing, Politics, Problem gambling, Racinos, Regulation, Singapore, Slot routes, Taxes, Tourism | Comments Off on “Cashless casinos” in China; Keeping score in Louisiana

Overexposed in Macao; Hard Rock firing on all cylinders

If you’re a Wynn Resorts shareholder and you’re following rising trade tensions with China, you’ve a right to be nervous. Wynn derives 69% of its revenue from Macao, giving a certain truth to Steve Wynn‘s old quote that “We’re really … Continue reading

Posted in Architecture, Atlantic City, Dining, Donald Trump, Economy, Florida, Hard Rock International, Harrah's, Japan, Lawrence Ho, Macau, MGM Mirage, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wynn Resorts | Comments Off on Overexposed in Macao; Hard Rock firing on all cylinders

The Doctor is all-in; Morpheus a wake-up call

Sports betting is off and running at Borgata, having been inaugurated by Julius “Dr. J” Erving, who put down $5 on the Philadelphia Eagles to win a second straight Super Bowl. “I got a chance to look at the board … Continue reading

Posted in Architecture, Atlantic City, Internet gambling, Lawrence Ho, Macau, MGM Mirage, Racinos, Revel, Sports, Technology | Comments Off on The Doctor is all-in; Morpheus a wake-up call

East Windsor, Take Two; MGM, Sands eat Ho’s lunch

“From the start, we pledged to create a world class facility that will be a draw for people throughout the entire region,” said Mashantucket Tribal Chairman Rodney Butler of the tribe’s satellite casino in East Windsor. Nice try, Mr. Chairman, … Continue reading

Posted in Architecture, Foxwoods, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Mississippi, Mohegan Sun, Problem gambling, Regulation, Sheldon Adelson, Tourism, Transportation, Tribal, TV | Comments Off on East Windsor, Take Two; MGM, Sands eat Ho’s lunch

New Jersey ready for action; Strip club upstages Hard Rock

New Jersey Gov. Phil Murphy (D) still plans to place his first sports wager at Monmouth Park tomorrow but Borgata is trying to crash the party. The megaresort issued a statement saying “we are moving ahead with all possible speed … Continue reading

Posted in Atlantic City, Delaware, Hard Rock International, Illinois, International, Internet gambling, Macau, Massachusetts, MGM Mirage, Mississippi, Nevada, Pennsylvania, Racinos, Sociedade de Jogos de Macau, Sports, Stanley Ho, Taxes, The Strip, Tilman Fertitta, Tourism, West Virginia, Wynn Resorts | 1 Comment

Shutout in Japan?

With pachinko already representing a $30 billion industry, casino operators are right to think Japan is ripe for their product. But Forbes‘ Muhammad Cohen thinks Macao casino owners (well, technically you can’t “own” a casino in Macao, but we digress … Continue reading

Posted in Galaxy Entertainment, Louisiana, Macau, Melco Resorts & Entertainment, Philippines, Politics, South Korea | Comments Off on Shutout in Japan?

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 | Comments Off on Midwest torpor; Freeman says goodbye

Churchill Downs hearts casinos; Cleveland still not rocking

Churchill Downs is going all-in on sports betting, planning to leverage its (soon-to-be) access to the Pennsylvania and Mississippi markets, plus its relationship with the Golden Nugget in Atlantic City. However, the sky-high tax rate (34%) in Pennsylvania may translate … Continue reading

Posted in Atlantic City, Churchill Downs, Dan Gilbert, Eldorado Resorts, GLPI, Hard Rock International, International, Kentucky, Law enforcement, Macau, MGM Mirage, Mississippi, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sociedade de Jogos de Macau, Sports, Taxes, Wall Street | Comments Off on Churchill Downs hearts casinos; Cleveland still not rocking

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

MGM optimistic on Japan; Culinary blasts casino owners

Japan is one big step closer to casino legalization now that its House of Representatives passed a bill putting problem-gambling countermeasures into place. This was a necessary step before the actual casino-implementation law could go before the Diet. “The pace of … Continue reading

Posted in Boyd Gaming, Culinary Union, Economy, Golden Gaming, Harrah's, Japan, Macau, MGM Mirage, Penn National, Politics, Problem gambling, Regulation, Sexual misconduct, Singapore, Taxes, Tourism, Transportation, Unite-Here, Wynn Resorts | Comments Off on MGM optimistic on Japan; Culinary blasts casino owners

Las Vegas thrives; Palms ad backfires

Yesterday, we spotlit the Debbie Downer view of Las Vegas of one online columnist. And while a lengthy slide in visitation numbers remains a concern, dark and anecdotal snapshots of Sin City are contradicted by the numbers. The latter are … Continue reading

Posted in Boyd Gaming, Cosmopolitan, Eldorado Resorts, George Maloof, Harrah's, Horseracing, Illinois, Indiana, Laughlin, Macau, Marketing, MGM Mirage, Mississippi, Palms, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Slot routes, Station Casinos, Tribal, Wall Street, Wynn Resorts | 2 Comments

The lost generation; Wynn shareholders rebel

Casinos’ fascination with Millennials appears to be a one-way street. A new survey by YouGov found that 47% of respondents ages 18-34 found casinos “depressing.” (I think I know what they mean.) As a matter of fact, older age brackets … Continue reading

Posted in Internet gambling, LVCVA, Macau, Marketing, Michael Gaughan, Sheldon Adelson, Sports, Stanley Ho, Wynn Resorts | Comments Off on The lost generation; Wynn shareholders rebel

Delaware bests New Jersey; New partner for Ho?

Chris Christie may have to eat his words about New Jersey being the first state to capitalize on the Supreme Court‘s sports-betting ruling. According to NJ Advance Media, “Delaware officials said this week they believe they have the laws and infrastructure … Continue reading

Posted in Atlantic City, Bruce Deifik, Delaware, Entertainment, Hard Rock International, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Philippines, Racinos, Regulation, Sports | Comments Off on Delaware bests New Jersey; New partner for Ho?

Let them skate; Sheldon’s new brainstorm

Nevada State Treasurer Dan Schwartz, the man who would be governor, is a refreshingly impolitic and heterodoxical candidate. He’s made a frequent campaign point that the Silver State has the worst schools in the nation and needs to re-orient its … Continue reading

Posted in Architecture, e-sports, Election, Macau, Marketing, Melco Resorts & Entertainment, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Sports, Taxes, The Strip, Wynn Resorts | Comments Off on Let them skate; Sheldon’s new brainstorm

“Ready to roll”

That’s what the leading gaming powers in California are now that the Supreme Court has scotched the Bradley Act. If National Indian Gaming Association Chairman Ernest Stevens is correct, Internet gaming is so yesterday in the Golden State and sports … Continue reading

Posted in California, DFS, Election, International, Japan, Lawrence Ho, Macau, Melco Resorts & Entertainment, Politics, Sociedade de Jogos de Macau, Sports, Taxes, Technology, Tribal, Wynn Resorts | Comments Off on “Ready to roll”

Vici Properties strikes again; Mohegan Sun pitches Japan

They came, they saw, they bought. Yes, Vici Properties has struck again, inking a bargain-price deal to acquire the Octavius Tower of Caesars Palace and Harrah’s Philadelphia. On paper, Vici is paying $507.5 million and $241.5, respectively, for the two assets. … Continue reading

Posted in Election, Florida, Galaxy Entertainment, Hard Rock International, Harrah's, Japan, Louisiana, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Penn National, Pennsylvania, Problem gambling, Seminole Tribe, Sexual misconduct, Société des Bains de Mer, South Korea, Steve Wynn, Taxes, The Strip, Tribal | Comments Off on Vici Properties strikes again; Mohegan Sun pitches Japan

MGM, Wynn woo Wall Street

This week, in conjunction with the opening of Park MGM, the parent company rolled out the red carpet for Wall Street analysts. “While there were no major announcements/surprises, we felt management put forth a thorough effort to better articulate its … Continue reading

Posted in Elaine Wynn, Japan, LVCVA, Macau, Marketing, Massachusetts, MGM Mirage, Ohio, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, Transportation, Wall Street, Wynn Resorts | Comments Off on MGM, Wynn woo Wall Street

Ohio good, Maryland better; The mystery of Carrot Top

Last month found the State of Maryland in good health when it came to gaming revenue, up 6%. Most of this was driven — one is tempted to say “of course” — by MGM National Harbor, vaulting 15.5% for an … Continue reading

Posted in Churchill Downs, Cordish Co., Dan Gilbert, Economy, Eldorado Resorts, Entertainment, Environment, GLPI, Hard Rock International, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, The Strip, Transportation, West Virginia | Comments Off on Ohio good, Maryland better; The mystery of Carrot Top