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Category Archives: Massachusetts
Case Bets
The glass at Penn National Gaming‘s Plainridge Park is both half-full and half-empty these days. The win/slot/day ($291) is 50% above the industry’s desired norm. However, Plainridge continues to bleed customers, going from $12 million in revenue in November to … Continue reading
Posted in Atlantic City, Florida, Isle of Capri, Massachusetts, Penn National, Politics, Racinos, Regulation, Seminole Tribe, Tribal, Wall Street
1 Comment
Moment of truth for DFS; Surprise champion for i-poker
Massachusetts Attorney General Maura Healey has come forth with her much-anticipated set of rules by which daily fantasy sports will be conducted in the Bay State. It’s not definitive yet (a public-comment period is forthcoming) and there may be some … Continue reading
Posted in Internet gambling, Law enforcement, Massachusetts, Politics, Regulation
Comments Off on Moment of truth for DFS; Surprise champion for i-poker
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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Christie takes sides in casino fight; Healthy month in Missouri
“I can’t say it won’t ever happen, but by 2018, New York will have approved a casino in Staten Island. It needs to be now because we have the opportunity now.” Thus spake New Jersey State Senate President Stephen Sweeney (D), … Continue reading
Posted in Ameristar, Atlantic City, Georgia, Harrah's, Illinois, Isle of Capri, Massachusetts, New York, Penn National, Pinnacle Entertainment, Politics, Regulation, Steve Wynn, Tribal, Tropicana Entertainment, Unite-Here
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Rage against DFS; Iowa stays stable
“FanDuel and DraftKings are optimized for power players to rape and pillage regular players over and over again.” So says daily fantasy sports podcaster Gabriel Harber, in the course of a lengthy New York Times expose of the DFS industry. … Continue reading
Posted in Ameristar, Boyd Gaming, Economy, Harrah's, Internet gambling, Iowa, Isle of Capri, Massachusetts, Nevada, Pinnacle Entertainment, Regulation
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Arc de scandale; New Illinois casino nominee
Macao is still reeling from an embezzlement scandal involving a Wynn Macau junket operator and now $13 million has gone missing from L’Arc, a sublicensee of Sociedade de Jogos de Macau and owned by SJM’s Angela Leong. This immediately raised … Continue reading
Posted in Foxwoods, Galaxy Entertainment, Illinois, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street
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Suffolk Downs fights back; Scrum in New Jersey Lege
Boston Mayor Martin Walsh may well have thrown in the towel in his lawsuit against Wynn Everett (technically against the Massachusetts Gaming Commission) but a quartet of Suffolk Downs workers aren’t letting Judge Janet Sanders‘ dismissal of aforesaid lawsuit go … Continue reading
Posted in Atlantic City, Colony Capital, Entertainment, Glenn Straub, Macau, Massachusetts, MGM Mirage, Politics, Racinos, Regulation, Revel, Stanley Ho, Steve Wynn, The Strip
1 Comment
What’s Sheldon’s game?; Penn struggles at Plainridge
Sheldon Adelson‘s apparent use of Las Vegas Review-Journal reporters to get back at Judge Elizabeth Gonzalez is putting him and his purchase of the newspaper under the microscope of the Nevada Gaming Control Board. Casino owners aren’t barred from owning … Continue reading
Posted in Atlantic City, Economy, Horseracing, Kansas, Massachusetts, Penn National, Politics, Racinos, Regulation, Rhode Island, Sheldon Adelson, Tribal
Comments Off on What’s Sheldon’s game?; Penn struggles at Plainridge
Florida compact decried; Reprieve for Atlantic City?
Despite being at the epicenter of Florida‘s gaming industry, the Miami Herald has come out against Gov. Rick Scott‘s compact with the Seminole Tribe, wringing its hands and seeing a slot machine under every bed. “This is a major expansion … Continue reading
Posted in Atlantic City, Election, Florida, Massachusetts, Neil Bluhm, New York, Penn National, Politics, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, Tribal
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Good news in Indian Country
It’s a happy day for the Picayune Rancheria of Chukchansi Indians, which got the go-ahead from the National Indian Gaming Commission to reopen its long-troubled Chukchansi Gold Resort & Casino. The NIGC was feeling so generous, in fact, that it suspended a … Continue reading
Posted in California, Dan Gilbert, Harrah's, Massachusetts, Ohio, Pennsylvania, Regulation, Sheldon Adelson, Technology, Tribal
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Gaming expansion in Garden State moving fast; Mashpee Wampanoags challenged
New Jersey lawmakers are wasting no time getting a casino-expansion question onto next year’s election ballot. Enabling legislation fairly shot out of committee in both houses of the Lege. The Assembly version would devote 33% of tax revenue from two gambling … Continue reading
Posted in Arizona, Atlantic City, Genting, Indiana, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Pennsylvania, Politics, Regulation, Taxes, Tribal
Comments Off on Gaming expansion in Garden State moving fast; Mashpee Wampanoags challenged
Boston: Has Wynn finally won?; Massachusetts mulls i-poker
Boston Mayor Martin Walsh seems to have finally put his grandstanding aside and is making conciliatory noises about Wynn Resorts. Has the smackdown of his lawsuit against the Massachusetts Gaming Commission finally brought Walsh to his senses? Or is this … Continue reading
Posted in Dan Gilbert, Detroit, Donald Trump, Internet gambling, Massachusetts, MGM Mirage, Pennsylvania, Politics, Regulation, Steve Wynn, Transportation, Westgate LV
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Casinos progress in Georgia, New Jersey
Almost without overt human effort, the movement toward casino gambling in Georgia appears to be snowballing. Prime mover behind the low-key, but seemingly inevitable process is state Rep. Ron Stephens (R, left), whose bill would not only put two casinos … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, Cordish Co., Election, Georgia, Greenwood Racing, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Politics, Tribal
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Racinos under siege in Texas; Seminole compact no sure bet
Texas Gov. Greg Abbott (R) wanted the Texas Racing Commission to repeal its approval of ‘historical racing’ at Lone Star State tracks. Rather than put it on the agenda, commission Chairman Robert Schmidt handed in his gavel, exchanging the chairmanship … Continue reading
Posted in Florida, Hard Rock International, Horseracing, Massachusetts, Penn National, Politics, Racinos, Seminole Tribe, Taxes, Technology, Texas, Tribal
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MGM’s sudden Connecticut ardor; Labor peace in Detroit
Connecticut‘s government is trying to have an MGM Resorts International lawsuit dismissed, but MGM isn’t going away quietly. It’s targeted the no-bid process whereby a Mohegan Sun–Foxwoods Resort Casino joint venture was juiced into a third, off-reservation casino, location still … Continue reading
Posted in Culinary Union, Detroit, Donald Trump, Economy, Election, Foxwoods, Genting, International, Massachusetts, MGM Mirage, Mohegan Sun, Phil Ruffin, Sheldon Adelson, Singapore, Tourism, Tribal, Wall Street
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Ohio: Caesars effects a turnaround; Heightened scrutiny for MGM Springfield
Although it’s got one foot out the door in Ohio, the management half of Rock Gaming Caesars, i.e., Caesars Entertainment, is starting to shore up the recent decline of its casinos in the Buckeye State. Horseshoe Cincinnati and Horseshoe Cleveland … Continue reading
Posted in Architecture, Dan Gilbert, Economy, Eldorado Resorts, Hard Rock International, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Pinnacle Entertainment, Racinos, Regulation, Rhode Island
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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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‘Net betting in Massachusetts?; Fast track for skill-based slots
Pressure to legalize Internet gambling has emerged from an unexpected quarter — Massachusetts. State Sen. Bruce Tarr (R) has proposed a bill that would allow Web casinos to piggyback onto existing brick-and-mortar ones. True, Wynn Resorts is averse to ‘Net … Continue reading
Posted in Atlantic City, Internet gambling, Macau, Massachusetts, MGM Mirage, Penn National, Politics, Scientific Games, Steve Wynn, Technology, Tribal, Wall Street
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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
Resolution at Revel; MGM turns up the heat on Connecticut
Our long Revel nightmare is at least partially over, now that Glenn Straub has a deal in place to buy the disputed ACR Energy Partners power plant. While ACR pays $15 million to placate bondholders, Straub gets the plant for … Continue reading
Posted in Atlantic City, Eldorado Resorts, Foxwoods, Glenn Straub, Massachusetts, MGM Mirage, Mohegan Sun, Ohio, Politics, Racinos, Regulation, Reno, Revel, Wall Street
1 Comment
