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Category Archives: Massachusetts
Foxwoods returns to Massachusetts … maybe
In the slow-simmering competition for a southeastern Massachusetts casino license, Foxwoods Resort Casino has just turned up the heat. It will wed spinster KG Urban, which brings a waterfront New Bedford site to the nuptials, while Foxwoods will provide the … Continue reading
Posted in Architecture, Foxwoods, Horseracing, Illinois, Massachusetts, Neil Bluhm, Pennsylvania, Regulation, Tribal
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Caesars foe now its BFF; Suffolk Downs returns
Considering that it is the owner of Caesars Interactive and WSOP.com, one would hardly expect Caesars Entertainment to welcome PokerStars back to the U.S. market. But that is precisely what it has done, proclaiming that “we need to focus on where … Continue reading
Good and bad news for Caesars
Caesars Entertainment‘s last hopes for a Massachusetts casino are slipping through its fingers. A federal appeals court ruled in favor of the Massachusetts Gaming Commission and cleared Chairman Stephen Crosby of any charges of untoward conduct. Judge David Souter ruled … Continue reading
Posted in California, Harrah's, Internet gambling, Massachusetts, PokerStars, Politics, Regulation, Sheldon Adelson, Tribal
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Fisticuffs in Idaho; Wynn woos Bostonians
Idaho‘s Coeur d’Alene tribe got a taste of its own medicine when four lawmakers penned a letter to Gov. C.L. Butch Otter and to the U.S. Attorney’s office charging the tribe with being out of compliance with its compact. The … Continue reading
Posted in Environment, Horseracing, Idaho, Massachusetts, Politics, Problem gambling, Racinos, Regulation, Steve Wynn, Technology, Transportation, Tribal
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One man’s toxic waste …
… is Steve Wynn‘s treasure. Reader thsully1 has supplied us with these photos of Wynn’s casino site in Everett. Mentally superimpose Wynn Las Vegas and decide if you’d like to go there or not. “The site is sandwiched in between … Continue reading
Posted in Australia, Foxwoods, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Neil Bluhm, Philippines, Sheldon Adelson, South Korea, Stanley Ho, Steve Wynn
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Weak quarter for Las Vegas Sands; Penn weathers a blow
There was definitely some grit in the 4Q14 financial results for Las Vegas Sands‘ Strip properties. Table play was down $102 million, or 16%. And those players who showed up played lucky. Table revenue was down 26%, or $37 million. … Continue reading
Posted in California, Election, Harrah's, Indiana, Japan, Macau, Massachusetts, MGM Mirage, Penn National, Racinos, Sheldon Adelson, Singapore, The Strip, Tribal, Wall Street, West Virginia
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Where will the Caesars fight be fought?
In the battle between Caesars Entertainment and its dissident creditors, the opening route — the choice of venue — may be the decisive one. As noted previously, Caesars wants the case heard in Chicago and not in Wilmington, even though … Continue reading
Posted in Delaware, Economy, Harrah's, Illinois, Macau, Massachusetts, MGM Mirage, Sports, The Strip, Wall Street
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Stir crazy in Massachusetts
For all the restrictions it has placed upon its casinos, there’s one restraint the Massachusetts Gaming Commission wants to ease. It has proposed raising the $600 ‘IRS lockdown’ imposed on slot winners: “a player will not be able to play … Continue reading
Posted in Environment, Louisiana, Massachusetts, Ohio, Penn National, Regulation, Rhode Island, Taxes
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Mohegan Sun ambushes Wynn
Pursuing by lawsuit what it could not win on merit, Mohegan Sun has piled onto the scrum of litigation against the Massachusetts Gaming Commission for having awarded a Boston-area casino license to Wynn Resorts (which had no comment). Mohegan Tribal Gaming … Continue reading
Posted in Architecture, Massachusetts, Mohegan Sun, Regulation, Steve Wynn
1 Comment
Sands scores in Pennsylvania; More nonsense from Trump
Pennsylvania isn’t anywhere near done with building casinos but it is feeling market saturation. A $40 million decline in slot winnings pushed casinos to sub-2013 levels. The proliferation of casino product did not help. “When I came here six years ago, there were … Continue reading
Posted in Cantor Gaming, Donald Trump, Macau, Massachusetts, Michael Gaughan, Pennsylvania, Regulation, Sheldon Adelson, Sports, Steve Wynn, TV
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Rendering unto Caesars’ debtors; Missouri bounces back
Before Caesars Entertainment could file for bankruptcy, second-tier bondholders struck first. They have filed with a U.S. bankruptcy court in Delaware, seeking to supersede Caesars’ prepackaged bankruptcy. At issue are the controversial transfer of highly valuable Caesars assets into subsidiary … Continue reading
Posted in Ameristar, Delaware, Foxwoods, Harrah's, Isle of Capri, Massachusetts, Missouri, Penn National, Pinnacle Entertainment, Tropicana Entertainment
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Wynn proceeds in Boston, Genting stalls in Miami
Although Steve Wynn‘s Everett project is besieged with lawsuits, a member of the Massachusetts Gaming Commission is relatively sanguine about the resort’s prospects. “I don’t think necessarily the suit will delay it; I think it is the various permit-granting authorities … Continue reading
Posted in Florida, Genting, International, Massachusetts, New York, Regulation, Sports, The Strip
1 Comment
Wynn faces sore loser in Boston
Steve Wynn was finally able to close a $35 million deal on the site of his Everett, Massachusetts, casino project. That’s good, because Wynn has to deal with new perfidy from Boston Mayor Martin “McCheese” Walsh. The latter’s long silence … Continue reading
Posted in Derek Stevens, Downtown, Massachusetts, Politics, Regulation, Steve Wynn, Tamares Group, Technology
1 Comment
Atlantic City faces uncertain 2015; Wynn remakes Boston look
It can’t get any worse. That’s the cautious mantra emerging from the Boardwalk, where Atlantic City shed four casinos last year. Trump Taj Mahal is on life support provided by Carl Icahn and Caesars Entertainment CEO Gary Loveman has cast … Continue reading
Posted in Architecture, Atlantic City, Carl Icahn, Economy, Glenn Straub, Harrah's, Massachusetts, Regulation, Revel, Steve Wynn, Technology, Tribal, Trump Entertainment Resorts
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The genius of Wynn; Wilmot charges ahead
Steve Wynn doesn’t wrap his hotels in bronze glass just because he likes the color. No, he has determined that the light passing through it makes his guests look more attractive “in rooms that have warmer light … One of the … Continue reading
Posted in Architecture, Entertainment, LVCVA, Massachusetts, New York, Ohio, Regulation, Steve Wynn, Tourism
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Fixing Foxwoods, Perryville
Felix Rappaport continues to unveil a new strategy for Foxwoods Resort & Casino. Operations weren’t predecessor Scott Butera‘s strong suit, by the latter’s own profession. So, the restructuring having been done, enter Rappaport to commence the rebranding. Of oncoming competition … Continue reading
Posted in California, Economy, Foxwoods, Internet gambling, Marketing, Maryland, Massachusetts, Mohegan Sun, Penn National, Regulation, Tourism, Tribal
2 Comments
Player, manage thyself (sorta)
After much back-and-forth, the Massachusetts Gaming Commission imposed its highly touted “managed play” regime, the first in the nation. One’s first reaction is that it doesn’t live up to the advance hype. What was originally a carrot-and-stick plan is now … Continue reading
Posted in Colorado, Economy, Massachusetts, Penn National, Problem gambling, Regulation, Steve Wynn, Taxes
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Good news from the Boardwalk; Leven leaves
Rid of the Atlantic Club Hotel, Showboat, Trump Plaza and Revel, cash flow at Atlantic City casinos shot upward 7%, or $147.5 million. Once that unhappy quartet is removed from the year-over-year comparison, the percentage increase falls to 3% but … Continue reading
Posted in Carl Icahn, Cirque du Soleil, Colony Capital, Harrah's, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Revel, Sheldon Adelson, Steve Wynn, The Strip, Tilman Fertitta, Trump Entertainment Resorts, Wall Street
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Paid to not play?; More trouble for Trump, Caesars
Although the American Gaming Association came down against Massachusetts‘ proposed “managed play” system of regulating losses, casino companies are saying, “Not so fast.” Wynn Resorts, MGM Resorts International and Penn National Gaming are all in favor of the idea of … Continue reading
New Jersey cuffed; Adelson stirs controversy
In a development of no great surprise, federal District Court Judge Michael Shipp enjoined Monmouth Park (and anybody else in New Jersey) from offering sports betting. And he made the injunction permanent, decreeing that the Garden State’s unregulated sports wagering … Continue reading
Posted in Foxwoods, Harry Reid, Internet gambling, Massachusetts, Politics, Regulation, Sheldon Adelson, Sports, Tribal
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