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Category Archives: Massachusetts
More resort fees at MGM; Sands Bethlehem sold?
It was show time for the big boys at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, starting with MGM Resorts International, which had to get started by explaining why fourth-quarter numbers had been “coming in well below … Continue reading
Posted in Architecture, Atlantic City, California, Donald Trump, Economy, Hard Rock International, Harrah's, Harry Reid, Japan, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Seminole Tribe, Sheldon Adelson, Singapore, Sports, Steve Wynn, The Strip, Tourism, Transportation, Tribal, Tropicana Entertainment, Wall Street
1 Comment
Caesars’ highway robbery; Good news for problem gamblers
What do you do when you’ve just lost $435 million? Bust out a new round of resort fees, of course! That’s Caesars Entertainment‘s answer. Keeping up with the Joneses on the Las Vegas Strip, Caesars will implement two tiers of … Continue reading
Posted in Foxwoods, Genting, Harrah's, Japan, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street
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Cool breeze in Singapore; Pennsylvania gets on the sports-betting bandwagon
It seems more unlikely than ever that Singapore will issue casino concessions after gaming revenues laid an egg in 1Q-3Q/16. For the full year, tourism to Singapore reached record heights, but receipts for “sightseeing, entertainment and gaming” dropped 16% in the … Continue reading
Posted in Australia, Dining, Donald Trump, Foxwoods, Idaho, International, James Packer, Law enforcement, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Singapore, South Korea, Sports, The Crown 18, Tribal
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Quote of the Day
“The trick [to regulating e-sports] will be to come up with a framework that is appropriate and nimble enough to deal with innovation and technology that changes on the fly,” — Massachusetts state Sen. Eileen Donaghue on the difficulties of … Continue reading
Posted in Massachusetts, Regulation, Technology
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Atlantic City warms up; Tribe puts faith in Trump
Judging by his apparent failure to build brand awareness of Ten, mogul Glenn Straub is going to have trouble cracking the Atlantic City nut. That’s fine by his rivals, who are all doing very well without him. Online gambling continues … Continue reading
Posted in Atlantic City, Boyd Gaming, Dan Gilbert, Detroit, Harrah's, Kansas, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, North Las Vegas, Pennsylvania, Politics, Racinos, Steve Wynn, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street
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New Deal; Same old same-old at Wynncore
In a dramatic semi-reversal, Georgia Gov. Nathan Deal (R) has said he is open “to keep the discussion going” on casinos in the state. The governor’s sudden open mindedness comes with several caveats, including the assurance that casino gambling won’t detract … Continue reading
Posted in Architecture, Delaware, Donald Trump, Election, Georgia, Japan, Massachusetts, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, South Carolina, Sports, Steve Wynn, Taxes, The Strip
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Wynn Palace a work in progress; Hawaii ponders i-gaming
Wall Street analysts were pleasantly surprised by the latest results from Wynn Palace, which exceeded expectations. As JP Morgan analyst Joseph Greff wrote, the Palace “has reconfigured the main casino floor (mass market), adding new slot/poker sections and opening up … Continue reading
Posted in Delaware, Economy, Hawaii, Internet gambling, Macau, Massachusetts, Neil Bluhm, Nevada, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, Technology, The Strip, Wall Street
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Plainridge Park defies the odds; Gaming advocate’s conflict unearthed
States with lotteries are loath to let casinos in their borders. It’s an idea that’s D.O.A. in Nevada and Kansas protected its flank by making the casinos the property of the state lottery. However, a study by the Massachusetts Gaming … Continue reading
Posted in Economy, Florida, Geoff Freeman, Hard Rock International, Internet gambling, Kansas, Massachusetts, Neil Bluhm, Nevada, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe
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MGM’s big rake in Washington; Resort projects power Massachusetts
It should come as no surprise that Washington, D.C., the land of smoke-filled rooms where sleazy deals are made, should be deliver a bumper crop of players to MGM National Harbor‘s 39-table poker room. Even with a truncated month of … Continue reading
National Harbor boffo for MGM; Icahn keeps them guessing
In its first month, MGM National Harbor has been both good and bad for Maryland. Although the MGM Resorts International property, acclaimed by some as being Las Vegas Strip-caliber, did blockbuster numbers, the rest of the Maryland casino industry was … Continue reading
Strip booms in October; Trouble in Tiverton
Not even a 16.5% decline in table wagers could hold back the Las Vegas Strip last month, as gaming revenues shot up 14%, to $563 million. Statewide, casinos didn’t do so badly either, up 11%. The one-armed bandits on the … Continue reading
Posted in Boulder Strip, Downtown, Economy, Foxwoods, history, Iowa, Japan, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Massachusetts, Mesquite, Mohegan Sun, Nevada, North Las Vegas, Penn National, Rhode Island, Taxes, The Strip
1 Comment
End of a golden tribal era; Vegas Vic gets his due
Already gaming pundits are reading the entrails of the presidential election and predicting that while a Donald Trump administration could be Bad News for Internet gambling it will be Very Bad News Indeed for tribal gaming. Words like “disaster” are … Continue reading
Posted in Donald Trump, Downtown, Economy, history, Indiana, Internet gambling, Law enforcement, Massachusetts, Oklahoma, Regulation, Tribal
4 Comments
All right in Atlantic City; Trump: The Asia connection
Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading
New stumbling block for Caesars; ‘Net betting powers New Jersey
Just when it looked like Caesars Entertainment was out of the woods in its bankruptcy reorganization the federal trustee intervened with an objection. At issue are the releases from litigation that Caesars wrested from creditors as part of the price … Continue reading
Posted in Arizona, Atlantic City, Donald Trump, Harrah's, Internet gambling, Massachusetts, Penn National, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment
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Atlantic City: Golden Nugget now tops; MGM’s holy rollers
There’s a new leader in Atlantic City‘s Internet-gambling arena. Not PokerStars over at Resorts Digital. They’re still in last place. No, grabbing 24.5% of market share, Golden Nugget now heads the pack. Borgata has 22%, Caesars Interactive holds 18% and … Continue reading
Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Pennsylvania, PokerStars, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street
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Wayne Newton’s peacock peril
If you live near Casa de Shenandoah, look out: The neighborhood is being terrorized by roaming peacocks who make their base of operations at the mansion/museum of Mr. Las. Vegas himself, Wayne Newton. The latter’s people are trying to have … Continue reading
Posted in Animals, Dining, Massachusetts, Penn National, The Strip, Wayne F. Newton
1 Comment
Mixed bag in Indiana; Don’t mess with Massachusetts
One less weekend day in October helped depress casino revenues in Indiana, down 3%. However, individual property results were all over the place, making generalizations perilous. For instance, Majestic Star II in Gary was down 9%, to $5 million, but … Continue reading
Posted in Ameristar, Boyd Gaming, Election, Full House Resorts, Harrah's, Indiana, Law enforcement, Lawrence Ho, Macau, Majestic Star, Marketing, Massachusetts, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Tropicana Entertainment
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Straub makes some odd choices; Tiverton still up for grabs
Glenn Straub won one round, lost another in his quest to revive Revel as Ten. On Oct. 18, he received a certificate of occupancy, paving the way for him to reopen the property. (Last spring’s effort was a Chinese fire … Continue reading
Posted in Affinity Gaming, Ameristar, Atlantic City, Election, Glenn Straub, GLPI, Hard Rock International, Isle of Capri, Kansas, Massachusetts, Missouri, Penn National, Pinnacle Entertainment, Regulation, Revel, Rhode Island, Tropicana Entertainment, Trump Entertainment Resorts
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The day after
This morning’s biggest winners are not politicians or pundits (certainly not the pollsters) but the punters who laid their money on a Donald Trump victory when sites like Betfair had him as a one-in-five underdog or worse. Their wallets are … Continue reading
Posted in Atlantic City, Donald Trump, Election, Florida, Harry Reid, Horseracing, Maine, Massachusetts, Nevada, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn
1 Comment
Election Special; Station Reno project approved
Preoccupied with stumping for legalized sports betting, the American Gaming Association fell down on the job and failed to deliver a promised (yes, they literally promised us) election roundup. By this shortcoming, the AGA flunked one of its mandates, which … Continue reading
Posted in Arkansas, Atlantic City, Election, Entertainment, Harrah's, Internet gambling, Massachusetts, Nebraska, New York, Politics, Regulation, Reno, Scientific Games, Station Casinos, Steve Wynn, Technology, Wall Street
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