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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Marketing
Study: Triads rampant in Macao casinos
Wow, what a shocker — not. A new study by T. Wing Lo and Sharon Ingrid Kwok of the City University of Hong Kong for the British Journal of Criminology reports that casino operators look for junket partners who have ‘dor’ or … Continue reading
Posted in Election, Law enforcement, Macau, Marketing, Massachusetts, MGM Mirage, Neil Bluhm, Regulation, Rhode Island, Stanley Ho, Steve Wynn, The Mob, Tribal
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Does Gilbert know Jack?; Caesars’ big finish
Will a Horseshoe by any other name earn as much? We’re going to find out because Rock Gaming owner Dan Gilbert is going to rebrand his casinos under the Jack Entertainment banner, presumably a tip of the hat to … Continue reading
Posted in Atlantic City, Colorado, Dan Gilbert, Florida, Harrah's, Isle of Capri, Louisiana, Marketing, Maryland, Mississippi, Ohio, Penn National, Regulation, Technology, The Strip, Wall Street
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Plainridge bounces back; Unhappy new year in Louisiana
Penn National Gaming has been rather defensive — and understandably so — about the performance of Plainridge Park, which has seen business steadily decline from month to month. However, Penn reversed the slippage last month, increasing revenues 11%. Penn spent … Continue reading
Posted in Boyd Gaming, Churchill Downs, Harrah's, Louisiana, Marketing, Massachusetts, Penn National, Pinnacle Entertainment, Racinos, Tilman Fertitta
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It’s a new day at the Cosmo; Atlantic City’s fate in Borgata’s hands
“The bottom line is you have a casino. Instead of downplaying that, let’s celebrate it.” That’s Cosmopolitan of Las Vegas CEO Bill McBeath outlining the besetting sin of his predecessors, ignoring the central role of gambling as the Cosmo’s revenue … Continue reading
Posted in Atlantic City, Boyd Gaming, Cosmopolitan, Entertainment, Illinois, Marketing, MGM Mirage, Regulation, Slot routes, Taxes, The Strip, Wall Street
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Penn: Glass nearly full
Prior to its conference call with analysts, Penn National Gaming shared some earnings guidance and hints of what is to come. Perceptions of the performance of Plainridge Park Casino have become something of a sore point with Penn execs. While … Continue reading
Posted in Arizona, Dining, Marketing, Massachusetts, Ohio, Penn National, Racinos, Steve Wynn, The Strip, Wall Street
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Seminoles take to the air; Trop exec vanishes
Florida‘s Seminole Tribe is taking its case to the people, as its new compact with Gov. Rick Scott (R) faces an uphill slog in the Legislature. The compact is such a Rube Goldberg contraption, with so many moving parts, you … Continue reading
Posted in Delaware, Florida, GLPI, Harrah's, Indiana, Internet gambling, Marketing, Missouri, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Seminole Tribe, Tropicana Entertainment, TV
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Big contract from Wynn; Parking debate continues
Wynn Resorts bought locally in its search for a Wynn Everett general contractor. It has let the $1 billion construction contract to Suffolk Construction, biggest in Massachusetts. By choosing a Boston company for this seven-figure deal (plus 4,000 jobs), perhaps … Continue reading
Stick ’em up!
Addressing concerns about the quantity and proximity of parking to the T-Mobile Arena, executives at MGM Resorts International are busting out plans for a $54 million parking garage, to be built on the northwest corner of the Excalibur “campus,” cannibalizing … Continue reading
Posted in Current, Economy, Marketing, MGM Mirage, Technology, The Strip, Transportation, Wall Street
3 Comments
Wynn Resorts opens its wallet; Further woes for Macao
The most “george” figure in the casino industry last year would have to be Steve Wynn. Rank-and-file employees at Wynn Macau received a month’s salary as an end-of-year bonus. Senior management is ineligible for bonuses. Now, this is part of … Continue reading
Posted in Economy, International, Law enforcement, Macau, Marketing, Regulation, Stanley Ho, Steve Wynn, Tribal, Wall Street
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Crosby: DFS equals Internet gambling; Macao’s newfound love for slot players
Although state Attorney General Maura Healey continues to draw a road map for daily fantasy sports in Massachusetts, the state’s gambling regulatory body has stepped forward to volunteer its services as an enforcement agent. Yes, DFS would be classified as … Continue reading
Posted in Illinois, Internet gambling, Macau, Marketing, Massachusetts, MGM Mirage, Missouri, New York, Penn National, Regulation, Stanley Ho, Tribal, Tropicana Entertainment, Wall Street
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Straub’s plans evolve; Martin Walsh, loser
Remember, you read it here first. Glenn Straub intends to sublicense the casino portion of Revel to an outside operator. It will have to be a company with a high tolerance for risk, as Straub is insisting on a 30-year … Continue reading
Posted in Atlantic City, Economy, Glenn Straub, Macau, Marketing, Massachusetts, Melco Crown Entertainment, Politics, Regulation, Revel, Steve Wynn
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Penn charms Wall Street
JP Morgan analyst Joseph Greff recently sat down with Penn National Gaming COO Jay Snowden and, of course, the big topic of conversation was Plainridge Park. Penn doesn’t see Wynn Everett — when it opens in 2018 — as a … Continue reading
Posted in California, Economy, Illinois, M Resort, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, Penn National, Pennsylvania, Racinos, Rhode Island, Slot routes, Sports, Steve Wynn, Taxes, The Strip, Tribal, West Virginia
1 Comment
DFS: A patchwork of approaches
Although he’s been dissed by New Jersey Gov. Chris Christie (R) and the NCAA (because his bill would allow daily fantasy sports to include college athletes), state Sen. James Whelan (D, right) presses on in his attempt to regulate DFS … Continue reading
Posted in Atlantic City, Geoff Freeman, Harry Reid, Internet gambling, Marketing, Massachusetts, New York, Pennsylvania, Politics, Regulation, Sports
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Up and down the Strip
SLS Las Vegas is finally doing better, if by “doing better” you mean losing only $39 million in a full 3Q15 as opposed to the $46 million lost in the truncated (five-week) 3Q14. Stockbridge Capital Partners continues to have to … Continue reading
Quote of the Day
“I hate slots. It’s all up to luck. It’s boring, and I can’t control what happens. The only time I would ever even consider playing is to pretend I am so I could score free drinks.” — Arizona State University student … Continue reading
Posted in Arizona, Marketing, Technology, Tribal
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SLS gets new patron; Mixed quarter at Caesars
Revolving doors continue to spin, metaphorically, at SLS Las Vegas. No sooner had Hilton Worldwide dropped the property from its Curio brand but Starwood Resorts Worldwide picked up part of the property and slapped its W hotel escutcheon on it. The … Continue reading
Posted in Harrah's, International, Macau, Marketing, Maryland, Regulation, Sam Nazarian, SLS Las Vegas, Station Casinos, Technology, The Strip
1 Comment
Caesars exiting Ohio with head held high; New Showboat setback
Caesars Entertainment may have gotten the boot from its three managerial arrangements with Dan Gilbert in Ohio but it’s spending the waning weeks of its tenure putting up impressive numbers. Horseshoe Cleveland ($18 million) was up 4% and Horseshoe Cincinnati … Continue reading
Posted in Atlantic City, Dan Gilbert, Detroit, Eldorado Resorts, Glenn Straub, Harrah's, Marketing, Penn National, Pinnacle Entertainment, Politics, Racinos, Taxes
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Caesars loses Ohio; Parking fees on the Strip?
In a lose-lose scenario, Caesars Entertainment is losing its management contracts at Horseshoe Cincinnati, Horseshoe Cleveland and Thistledown Racino. Even with the valuable Horseshoe brand, all three had been losing business in recent months. Caesars had long ago sold its … Continue reading
Baccarat buoys the Strip; Last call for Vegas Club
Not only were Nevada gaming revenues up 2% last month, so were Strip revs, propelled by heavy baccarat play. In addition to 17% more being wagered, the house played lucky, winning 24% than last year. That more than made up … Continue reading
Harrah’s auction scrapped; Airport casino nixed
Almost nobody wants the defunct remnants of Harrah’s Tunica Casino. Owner Caesars Entertainment has scratched a planned auction of the property because nobody except stalking horse TJM Properties has shown an interest in the building. TJM specializes in senior-living facilities. … Continue reading
Posted in Florida, Foxwoods, Harrah's, Marketing, Mississippi, Mohegan Sun, Politics, Scientific Games, Seminole Tribe, Taxes, Tribal
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