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Category Archives: Massachusetts
Boston: Wynn takes a stand
Friday will go down as the day Steve Wynn told the Massachusetts Gaming Commission where it could get off. In a letter to the commissioners, Wynn “said Wynn Resorts would not alter the design of their proposed 27-story hotel tower in … Continue reading
Posted in Architecture, history, Maine, Marketing, Massachusetts, Mississippi, Mohegan Sun, Ohio, Penn National, Racinos, Regulation, Steve Wynn, Transportation
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Cycle of futility; Hard luck in Indian Country
As the casino industry braces itself for Global Gaming Expo, this could hardly be a worse moment to be hawking slot machines. Not only is it undergoing a painful contraction but new markets (like Boston and Washington, D.C.) are a … Continue reading
Posted in Atlantic City, Bally Technologies, California, Economy, G2E, Harrah's, IGT, Maryland, Massachusetts, Mississippi, Revel, Scientific Games, Station Casinos, Tribal, Trump Entertainment Resorts
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‘I’m poorer than you are’
That’s the argument being reiterated in New York State, as impoverished cities and their would-be casino saviors fight for over one or (more likely) two casino licenses. Case in point: Newburgh, where Mayor Judy Kennedy (left) has become a media celebrity of … Continue reading
Posted in Architecture, Economy, Genting, Massachusetts, Mohegan Sun, New York, Regulation, Steve Wynn
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Wynn battles Boston
Despite leading Mohegan Sun on points, Steve Wynn seems far from a TKO for a Boston casino. (For the full monty on both projects, the Massachusetts Gaming Commission provides heavy detail.) For one thing, Mayor Martin Walsh‘s administration appears to be … Continue reading
Posted in Horseracing, Massachusetts, Mohegan Sun, Regulation, Rhode Island, Steve Wynn, Transportation
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Boston: Another agonizing delay; Loveman: Don’t worry, be happy
Just when it looked like the suspense would be ended over who’d get the Boston-area casino, the slow-moving Massachusetts Gaming Commission imposed another week’s delay on the process. Basically, commissioners want Wynn Resorts to do better than it has in … Continue reading
Posted in Alabama, Architecture, Atlantic City, Cordish Co., Genting, Harrah's, history, Marketing, Massachusetts, Mohegan Sun, New York, Penn National, Pennsylvania, Regulation, Steve Wynn, Transportation
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Decision time in Boston
At last, the Massachusetts Gaming Commission is taking up the Steve Wynn vs. Mohegan Sun battle for a Boston-area casino. Hearings began yesterday, with one round going to each challenger. Wynn Resorts surprisingly (given its reputation) lost the swimsuit competition, … Continue reading
Posted in Architecture, Cordish Co., Environment, Harrah's, Internet gambling, Maryland, Massachusetts, Mohegan Sun, Penn National, Racinos, Singapore, Steve Wynn
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Sold down the river; Wynn makes critical offer
For sale: One casino riverboat, heavily used. Penn National Gaming asked for — and received — dismissal of a bankruptcy petition, opting to sell the Belle of Sioux City on the open market. You might think it would be difficult … Continue reading
Posted in Derek Stevens, Dining, Downtown, Entertainment, Iowa, Massachusetts, Penn National, Regulation, Steve Wynn, The Strip
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Oh no, not again!
Trump Taj Mahal is heading back to a familiar bookmark: Chapter 11 bankruptcy. The casino is in violation of certain loan covenants and talks with creditors have proven unfruitful. The one creditor who really matters is Carl Icahn and he’s … Continue reading
Sheldon goes Korean; More casinos for Maine?
Sheldon Adelson wants in on any expansion of South Korea‘s casino and he’s not above using a little muscle to do it. According to Managing Director of Global Development George Tanasijevich, his company, Las Vegas Sands would create “a truly iconic … Continue reading
Posted in Maine, Massachusetts, New Hampshire, Penn National, Regulation, Sheldon Adelson, Singapore
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Narrow race in Massachusetts; Boffo biz in Alabama
No state that has ever approved casino gambling has repealed it in over 80 years. That being said, casinos are polling weakly in Massachusetts — with support hovering at 50% — and the opposition is getting cocky. A perversely worded … Continue reading
Posted in Alabama, Architecture, Economy, Election, Florida, Massachusetts, MGM Mirage, Penn National, Regulation, Rhode Island, The Strip, Tribal
1 Comment
Party poopers
Those losers at Al-Qaeda are fixating on Las Vegas. In their fanzine, Palestine, they urge their followers to build car bombs and target Sin City. Nightclubs and casino floors are the high-impact targets of opportunity. (Real geniuses, these terrorist folk.) Both … Continue reading
Posted in Election, Florida, Harrah's, International, Macau, Massachusetts, MGM Mirage, Sheldon Adelson, The Strip, Tribal
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The majesty of the law
For years New Jersey casino regulators have had to endure legislative backchat that they’re overstepping their authority. This week, lawmakers learned that such regulatory authority doesn’t extend as far as they thought. Even in its most dire straits, the Tropicana … Continue reading
Reality in Illinois, Indiana; Optimism in New York
Illinois has had far worse months than July, which was down only 5%. Admissions were off 9%, implying a 4% higher spend/visitor. Rivers Casino was flat but still managed to gross double what Harrah’s Joliet managed. The latter, however, was … Continue reading
Posted in Boyd Gaming, Delaware, Economy, Genting, Harrah's, Illinois, Indiana, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Pinnacle Entertainment, Racinos, Tropicana Entertainment
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MGM’s urban renewal; Ruffin rides again
Despite an atmosphere of uncertainty in Massachusetts, executives at MGM Resorts International are putting their faith in a November victory at the ballot box. They’ve closed on the purchase of two tornado-damaged buildings, the Springfield State Armory (shown) and the … Continue reading
Posted in Architecture, Boyd Gaming, Economy, Election, Kansas, Massachusetts, MGM Mirage, Penn National, Phil Ruffin, Racinos, Taxes, Tribal
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Regulators to Walsh: Not so fast, friend
Boston Mayor Martin Walsh isn’t getting off the hook so easily. He tried to fob the negotiation of a mitigation agreement with Wynn Resorts off on the Massachusetts Gaming Commission. The latter said ‘not so fast’ and ordered the city … Continue reading
Posted in Economy, Genting, Harrah's, Illinois, International, Massachusetts, Mississippi, Mohegan Sun, Regulation, Steve Wynn, Wall Street
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Adelson goes soft on Communism; Wynn befriends oysters
Sheldon Adelson may play the tough guy at home but he’s a pushover in Macao. Rather than anger his Communist overlords, Adelson apologized for a labor march that just so happened to be held outside Venetian Macao. The protest was … Continue reading
Posted in Environment, Harrah's, Macau, Massachusetts, Regulation, Sheldon Adelson, Steve Wynn
1 Comment
Argosy saved … for now
Not only has the Iowa Supreme Court not ruled on Judge Elizabeth Ovrom‘s ruling to close Argosy Sioux City, it hasn’t decided whether or not to hear the case. However, it still has kept the Penn National Gaming riverboat on life … Continue reading
Posted in Foxwoods, Greenwood Racing, Iowa, Massachusetts, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Tribal
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Prosperity in Detroit? You bet; Penn’s persistence
Those busy boffins at the American Gaming Association have been crunching data from Detroit and come up with some interesting statistics. The three Motown casinos are a bit lighter in the workforce (down 4%), having lost or laid off 350 … Continue reading
Posted in Economy, Election, Massachusetts, MGM Mirage, Missouri, Penn National, Regulation, Taxes, Technology, Tropicana Entertainment
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Russian roulette in Boston
Due to Boston Mayor Martin Walsh‘s refusal to go to arbitration with Wynn Resorts, the Massachusetts Gaming Commission finds itself in an unexpected role. It’s mulling other surrounding-community agreements from around the state and trying to measure the economic impact … Continue reading
Posted in Atlantic City, Delaware, Foxwoods, Genting, International, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Regulation, Rhode Island, Steve Wynn
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No-Wynn situation in Boston
To hear Boston Mayor Martin Walsh tell it, there’s no point in further negotiations with Wynn Resorts. He also claims that insufficient information has been put on the table for an arbitrator to make a decision. Steve Wynn’s offers, he … Continue reading
Posted in Massachusetts, Regulation, Slot routes, Steve Wynn
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