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Category Archives: Massachusetts
Rowdy night in Boston; Stitt’s standoff
All hell broke loose at Encore Boston Harbor in the wee hours of Monday morning. The first brawl broke out as nightclub patrons were leaving Mémoire. It was so bad that police had to call in backup. According to the … Continue reading
Gambling’s Wild Wild East; Wynn minimizes Hong Kong unrest
China is calling for the Philippines to crack down on its gambling industry, which Beijing considers a lawless enterprise, rife with human trafficking and worse. “It said citizens’ rights were being violated and dozens were kidnapped, tortured and physically abused … Continue reading
Posted in Australia, Crown Resorts, Florida, International, Law enforcement, Macau, Massachusetts, Melco Resorts & Entertainment, Philippines, Politics, Problem gambling, Regulation, Stanley Ho, Tribal, Wynn Resorts
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El Paso, Dayton … Las Vegas?
Las Vegas, if you’ll pardon the pun, dodged a bullet when the FBI apprehended a man bent on killing large numbers of Jews and gay people. Conor Climo, the alleged bomber, has been linked to the white-supremacist netherworld and supposedly … Continue reading
Posted in Churchill Downs, Connecticut, Current, Downtown, Foxwoods, Full House Resorts, Indiana, Kentucky, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, New Mexico, Pennsylvania, Racinos, Sports, Sports betting, Wall Street
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Rough month in Indiana, rougher in Missouri
Indiana gaming revenues nosed down 3% last month, for a total gross of $181 million. JP Morgan analyst Joseph Greff blames it on adverse weather from Hurricane Barry, plus intensified competition in the Louisville area. Both racinos were revenue-positive, with Hoosier … Continue reading
Posted in Architecture, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Eldorado Resorts, Entertainment, Environment, Full House Resorts, Genting, Indiana, Kentucky, Massachusetts, MGM Resorts International, Missouri, Penn National, Spectacle Entertainment, The Strip, Tribal, Wynn Resorts
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Wynn, Station disappoint Wall Street
JP Morgan analyst Joseph Greff took a look at Wynn Resorts‘ second-quarter numbers and deemed them “a mixed bag.” The good news: Cash flow in Las Vegas, expected to be $109 million, manifested itself at $137 million. The sorta-bad news: There … Continue reading
Posted in Economy, Golden Gaming, Macau, Maryland, Massachusetts, Palms, Slot routes, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts
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MGM stymied Down East; Trade war dings Macao
Hopes for MGM Resorts International in Connecticut may be fading now that lawmakers are proposing a tribally owned casino in Bridgeport, part of an omnibus gaming expansion. The bipartisan Connecticut Jobs & Revenue Act would authorize a casino in Bridgeport owned by … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Connecticut, Downtown, Foxwoods, Golden Gaming, International, Internet gambling, Lotteries, Macau, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Money laundering, Politics, Problem gambling, Regulation, Sports betting, Tamares Group, Tilman Fertitta
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Hooters out, Oyo in?; Crown in hot water
Hooters Hotel Casino, the brand that should have worked in Las Vegas but didn’t, may finally be on the way out. VitalVegas reports that hotelier Highgate may be rechristening Hooters with its Oyo brand. Highgate already operates hotels in the … Continue reading
Posted in AGA, Atlantic City, Australia, Crown Resorts, Detroit, Diversity, Environment, Hooters, Illinois, James Packer, Law enforcement, Louisiana, Marketing, Maryland, Massachusetts, MGM Resorts International, Money laundering, Paragon Gaming, Penn National, South Carolina, Sports, Sports betting, The Strip
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Sands: Waiting for Japan; I-gaming raids hit Singapore, Vietnam
It’s difficult to imagine investors being impatient with Las Vegas Sands but The Motley Fool‘s Travis Hoium suggests that they are. “Unless a new market like Japan hits, that cash flow machine is all Las Vegas Sands has to offer,” … Continue reading
Posted in Horseracing, Internet gambling, Japan, Las Vegas Sands, Law enforcement, Macau, Maine, Massachusetts, North Carolina, Penn National, Pennsylvania, Pets, Singapore, Sports betting, Vietnam, Wall Street
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Strip buoys MGM, Sands
According to JP Morgan analyst Joseph Greff, second-quarter results for MGM Resorts International “were better than (very subdued) investor expectations” on the Strip and in line with anticipation about Macao. Despite weak baccarat volumes in Las Vegas, the company performed “marginally … Continue reading
Encore cheating suit revived; Racism in Vegas
‘We’ll see you in court.’ That was, in effect, attorney Joshua Garick‘s response to Encore Boston Harbor after the latter was exonerated of alleged cheating by the Massachusetts Gaming Commission. Garick is irked that the MGC’s investigation lasted all of a … Continue reading
Posted in Animals, Architecture, Cretins, Diversity, Florida, Hard Rock International, Massachusetts, Movies, Pets, Philippines, Regulation, Seminole Tribe, Wynn Resorts
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Encore cleared of cheating charge; Linq goes green
Score one for Encore Boston Harbor. Its slot-payout and blackjack rules were upheld by the Massachusetts Gaming Commission. That’s a win for 6:5 blackjack and a loss for players. “There exists a ‘6 to 5 blackjack variation,’ which is a particular … Continue reading
Churchill Downs’ bet pays off; Mob up at El Cortez
JP Morgan‘s Daniel Politzer expects Churchill Downs to be a winner thrice over in Illinois: first, a lower tax rate on table games, starting in 2020; second, a potential 800 additional gaming positions at Rivers Casino Des Plaines (which will … Continue reading
Posted in Churchill Downs, Downtown, El Cortez, Horseracing, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, New York, Politics, Racinos, Rush Street Gaming, Taxes, The Mob, Wall Street, Wynn Resorts
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Encore accused of cheating players
It didn’t take long for Encore Boston Harbor‘s first scandal to accrue. A class-action lawsuit against the casino is challenging its practices, particularly with regard to that eternal flashpoint, 6:5 blackjack. The suit contends that Encore is not complying with … Continue reading
Posted in Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Wynn Resorts
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Encore Boston Harbor opens hot
JP Morgan analyst Joseph Greff has initiated coverage of Massachusetts and his first dispatch is a corker: Encore Boston Harbor generated $17 million in a single, debutant week of play. That includes $9 million of slot revenue. Wynn Resorts execs … Continue reading
Posted in Atlantic City, Genting, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, Penn National, Pennsylvania, Twin River, Wall Street, Wynn Resorts
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Cosmo in play; Wynn looking robust
Always a step ahead of the mainstream media, VitalVegas reports that The Cosmopolitan of Las Vegas has been sold. No details are available and the story hasn’t made the wire services, but that’s not going to stop us from speculating. … Continue reading
Posted in Architecture, Churchill Downs, CityCenter, Cosmopolitan, Dan Lee, Dining, Eldorado Resorts, Macau, Massachusetts, MGM Resorts International, Penn National, Phil Ruffin, Resort fees, The Strip, Tilman Fertitta, Wall Street, Wynn Resorts
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Wynn stirs Boston melting pot
Wynn Resorts is already changing the face of Boston. As reported by the Boston Globe, unprecedented diversity is manifesting itself at Encore Boston Harbor. Mad props to Wynn for bringing people of all colors and creeds together in this fashion. … Continue reading
Posted in AGA, Diversity, Economy, International, Massachusetts, Sports betting, Wynn Resorts
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Second City uncertainty; Wyoming can’t cowboy up
Chicago‘s permanent casino could take “months or years” to achieve, even if Mayor Lori Lightfoot (D) says “I’m hoping we can get [the site selection] done relatively soon, so we can start the process.” Casino booster Sen. Terry Link (D) is also … Continue reading
Posted in Architecture, Detroit, Entertainment, Florida, Hard Rock International, Illinois, International, Massachusetts, MGM Resorts International, Politics, Problem gambling, Regulation, Rush Street Gaming, Seminole Tribe, Taxes, William Hill, Wynn Resorts, Wyoming
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Encore plays it safe; Wynn is for the birds
“Fifty shades of beige.” That’s the Boston Globe‘s verdict on the hotel rooms at Encore Boston Harbor. “There was nothing unpleasant about it, but that meant nearly every design choice was incredibly safe. Before the hotel opened, Encore Boston Harbor … Continue reading
Posted in Animals, Architecture, Election, Environment, Massachusetts, MGM Resorts International, Station Casinos, Technology, Wynn Resorts
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At long last, Encore
After much regulatory spilkes and political infighting, Encore Boston Harbor has come to market and early auguries are good. JP Morgan analyst Joseph Greff got one of the first looks at the property and was “impressed. In short, we think it takes … Continue reading
Posted in Architecture, Environment, Foxwoods, Massachusetts, MGM Resorts International, New Hampshire, Tourism, Transportation, Wynn Resorts
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Dotty’s to rescue Moulin Rouge; Hard Rock’s big plans
Bonafide rescue may be in sight for the acreage upon which the Moulin Rouge once stood. Dotty’s may use some of its considerable cash flow to buy up the land and the Las Vegas City Council is sufficiently eager to … Continue reading
