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Category Archives: Macau
Mashpee casino blocked; Wynn: Doing more with less
Carcieri v. Salazar and the Indian Reorganization Act have come back to bite the Mashpee Wampanoag tribe in the hindquarters. U.S. District Judge William G. Young has ruled against a Taunton casino project, siding with the contention of a group … Continue reading
Posted in Boyd Gaming, Charity, Eldorado Resorts, Foxwoods, Genting, Harrah's, history, International, Internet gambling, Isle of Capri, Macau, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Regulation, Steve Wynn, Taxes, Tilman Fertitta, Tribal
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Land of the Rising Hopes; Delaware racinos struggle
It will take a constitutional amendment to make it happen but casinos could be back on the political agenda in Japan. In a promising development, he strengthened his position in the Diet, apparently freeing his Liberal Democratic Party from its … Continue reading
Posted in Boulder Strip, Delaware, Florida, Japan, Kazuo Okada, Macau, Marketing, MGM Mirage, Mohegan Sun, Politics, Steve Wynn, Taxes, Tribal, Wall Street
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June in Vegas: The house won; Wynn gets spanked in Macao
While a 10% increase in June gambling revenues on the Las Vegas Strip fell short of some Wall Street analysts’ projections, it was a healthy month nevertheless. Slot winnings were up 10% ($253 million) on only 1% higher coin-in. Luck … Continue reading
Posted in Architecture, Boulder Strip, Downtown, Economy, Lake Tahoe, Laughlin, Macau, Nevada, North Las Vegas, Regulation, Reno, Steve Wynn, The Strip, Wall Street
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Trailer trash in Boston; New crisis looms in Atlantic City
Massachusetts lawmakers may have thought they’d settled the question of casinos in the Bay State when they voted to baptize three resorts and slot parlor. However, thanks to a ruling by state Attorney General Maura Healey, a ballot question here … Continue reading
Tomato King gets squashed; California, the wild, wild west of gambling
So much for Lawrence Downs Casino & Racing Resort. In a unanimous vote, the Pennsylvania Gaming Control Board decided to drop-kick the casino project, which had already lost the backing of Penn National Gaming, which has racino interests nearby in Ohio. What seems … Continue reading
Posted in California, Dan Gilbert, Election, Geoff Freeman, Law enforcement, Macau, Ohio, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Sports, Tomato King Procacci
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Tribal gaming reaches new high; New concept for Railroad Pass
Last year was the best ever for tribal casinos, up 5% from 2014, coming in just a bit shy of $30 billion. Recent efforts to align tribal and private-sector casino interests come at a time when the tribal sector could … Continue reading
Posted in Architecture, Dubai, Economy, Election, Indiana, Kazuo Okada, Macau, MGM Mirage, Mississippi, Nebraska, Philippines, Regulation, Transportation, Tribal, Tropicana Entertainment
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Strip still catching up; Nevada taking bets on the Olympics
While gaming companies on the Las Vegas Strip are fairly sanguine about 2016, a new report by Alex Bumazhny of Fitch Ratings takes a somewhat gloomier view. For one, he notes that revenue per available room “growth during the recovery … Continue reading
Posted in Arizona, Dan Gilbert, Detroit, Dining, Economy, Election, Geoff Freeman, Macau, Ohio, Penn National, Pennsylvania, Sports, The Strip, Westgate LV
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Big win for Wynn; Entertainer gets shrunken head
It’s never too late to count out litigious Somerville Mayor Joseph Curtatone but it looks like Wynn Boston Harbor may finally be inevitable. The casino project received a development permit from the Massachusetts Department of Environmental Protection. Sore losers Mohegan … Continue reading
Posted in Atlantic City, Entertainment, Iowa, Louisiana, Macau, Massachusetts, Mohegan Sun, Regulation, Steve Wynn, Transportation, Tropicana Entertainment, Unite-Here
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Acrimony grows at Taj; Racism in Nebraska election race
As protests against Carl Icahn spilled over into New York City, his casino CEO, Anthony Rodio, sent ominously mixed signals about the future of Trump Taj Mahal. On the one hand, he offered a partial restoration of health benefits and … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Entertainment, Galaxy Entertainment, Iowa, Lake Tahoe, Macau, MGM Mirage, Minnesota, Nebraska, Racinos, Regulation, Tribal, Tropicana Entertainment, Unite-Here
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Icahn leaves Taj workers nostalgic for Trump; Megaresort proposed for NYC
You can measure the acrimony between Unite-Here Local 54 and Tropicana Entertainment by the fact that striking workers at Trump Taj Mahal are using Donald Trump as a stick with which to beat Carl Icahn. By astutely negotiating a pact … Continue reading
Posted in California, Carl Icahn, Charity, Cordish Co., Cosmopolitan, Donald Trump, Election, Entertainment, Genting, Georgia, Glenn Straub, Harrah's, Horseracing, Illinois, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, New York, Regulation, Revel, Stanley Ho, Tribal, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here
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Strike at the Taj; Macao half-full or half-empty?
While Tropicana Entertainment managed to stave off at the very last minute a strike at its eponymous Atlantic City casino, Trump Taj Mahal was not so fortunate. In a 99% predictable outcome, roughly 1,000 Taj workers walked off their jobs … Continue reading
Vegas: Weak on Strip, robust in locals play
One less weekend and a tough comparison with last year’s Mayweather-Pacquiao charade translated into a weak May for both the Las Vegas Strip, down 12%, and Nevada casinos in general, 4.5% off the pace. There were some sort of bright … Continue reading
Posted in Boulder Strip, Boyd Gaming, Downtown, Internet gambling, Lake Tahoe, Laughlin, Macau, Nevada, North Las Vegas, Pansy Ho, Pennsylvania, Reno, Sheldon Adelson, Stanley Ho, Station Casinos, The Strip, Wall Street
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Donald Trump, stiff; Partial labor peace in Atlantic City
One of the benefits of Donald Trump‘s current ubiquity is that it has belatedly spurred the press into debunking the myth that he was a successful casino operator in Atlantic City. A particularly damning Associated Press story connects the dots … Continue reading
Posted in Atlantic City, Boyd Gaming, Donald Trump, Galaxy Entertainment, Glenn Straub, Harrah's, Macau, Melco Crown Entertainment, Mohegan Sun, Regulation, Revel, Steve Wynn, Tilman Fertitta, Tourism, Tropicana Entertainment, Unite-Here
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The meddlesome Adelson; Wynn Palace postponed again
“Essentially, Pechanga and its allies see no reason to compromise, even an inch,” wrote California Online Poker‘s Steve Ruddock of the intractable position of the Pechanga and Agua Caliente tribes, and their anti-PokerStars allies (who include Sheldon Adelson, meddling in … Continue reading
Posted in Arkansas, California, Churchill Downs, Election, Foxwoods, Horseracing, Internet gambling, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Regulation, Scientific Games, Sheldon Adelson, Steve Wynn, Taxes, Technology, Tribal, Wall Street
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Tipping point in Pennsylvania near; Cirque du NFL
“I think gaming expansion money in one form or another is necessary for this budget process to be complete,” spoke Pennsylvania House Majority Leader Dave Reed (R). With Gov. Tom Wolf (D, right) having given way on sales-tax and income-tax … Continue reading
Posted in Cirque du Soleil, Economy, International, Internet gambling, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Pennsylvania, Politics, Sheldon Adelson, Slot routes, Sports, Station Casinos, Steve Wynn, Taxes, The Strip, Wall Street
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Doing it the right way
In keeping with the aphorism that history repeats itself, first as tragedy, then as farce, Glenn Straub‘s fire-aim-ready attempt to reopen Revel continues to drag on, providing an object lesson in how not to open a casino. As though to … Continue reading
Atlantic City goes to pot; MGM, Boyd, Pinnacle, Red Rock Resorts meet The Street
We’ve come a long way from the days of Reefer Madness. Latest case in point: Atlantic City, where Assemblyman Reed Gusciora (D) is pushing recreational “tea” as a cure to the city’s penurious condition. Weed would be legalized on the Boardwalk and … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, CityCenter, Economy, Georgia, Glenn Straub, Harrah's, Illinois, Indiana, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Missouri, Palms, Pinnacle Entertainment, Politics, Reno, Scientific Games, Station Casinos, The Strip, Wall Street
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Wynn disses douchebags; Showboat sails again
In a characteristic about-face, former nightlife enthusiast Steve Wynn is belittling Millenials (“sort of short on brains”), social media (“dim-witted time”), while conceding the importance of non-gaming revenue to today’s Las Vegas. Said Wynn of the nightlife generation, “we’re doing well … Continue reading
Posted in Atlantic City, Cordish Co., Cretins, Economy, Entertainment, Golden Gaming, Harrah's, history, Macau, Maryland, Penn National, Steve Wynn, The Strip
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Atlantic City back on death watch?; Money problems at Moulin Rouge
Things are suddenly looking grim for Atlantic City: A new Monmouth University poll shows voters evenly divided on a referendum to end the Boardwalk’s monopoly on casino gambling, an erosion of public support for the resort city. Assessing the situation … Continue reading
Posted in Atlantic City, Downtown, Economy, Election, Environment, Harrah's, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Problem gambling, Regulation, Riviera, Steve Wynn, Tilman Fertitta, Trump Entertainment Resorts
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Raiders to Vegas? Don’t bet against it
The boulder that is Mark Davis‘ and Sheldon Adelson‘s attempt to move the [your city here] Raiders to Las Vegas is gaining momentum as it rumbles downhill. The growing support among NFL owners is not unconditional. Sin City would be one … Continue reading
Posted in Architecture, Atlantic City, Carl Icahn, history, LVCVA, Macau, Massachusetts, MGM Mirage, Oklahoma, Sheldon Adelson, Sports, The Strip, Tourism, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wall Street
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