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Category Archives: Massachusetts
Getting it up in Philadelphia
Joseph “Tomato King” Procacci‘s proposed LoSo Entertainment Center, would-be home to Casino Revolution (2,400 slots, 105 tables) has “initiated discussions” with U.S. Thrill Rides about building a 615-foot observation tower as part of the project. That’d be 10 feet taller … Continue reading
N.Y.: Another one bites the dust
Orange County in New York State could get a casino by default, as Catskills-area projects continue to fall by the wayside. The latest one to drop out is Foxwood Resort Casino‘s joint-venture bid to redevelop the old Grossinger’s Hotel site. … Continue reading
Posted in Foxwoods, Genting, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, New York, Tribal
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Restarting the clock in Massachusetts; Atlantic City, international destination?
It looks like it’s back to Square One for Massachusetts‘ southeastern region. No host community agreements have been executed. No referendums have been held (with a mid-July deadline looming). And, although the cutoff date has passed, new candidates want to … Continue reading
Posted in Atlantic City, Foxwoods, Harrah's, International, Massachusetts, Ohio, Regulation, Tourism, Transportation, Tribal
1 Comment
Salvation for PokerStars?; Bonanza in Springfield
Despite no longer having any beef with the federal government, PokerStars remains behind the 8-ball in the U.S. of A. Regulators in New Jersey frowned on its attempt to affiliate with Atlantic City casinos and it’s banned from Nevada under … Continue reading
Posted in Atlantic City, Cosmopolitan, Internet gambling, Massachusetts, MGM Mirage, Regulation, Wall Street
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Making MGM Springfield happen; Dinner with Isaacs
MGM Springfield is shaping up as the most architecturally interesting casino project not only in Massachusetts but the nation as a whole, a charming mix of the new and the old. The company had been planning a few nods to … Continue reading
Posted in Architecture, Detroit, Dubai, history, International, Massachusetts, MGM Mirage, Regulation, Scientific Games, Shuffle Master, Wall Street
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Adelson: Who asked you?
Sheldon Adelson is fast becoming the #1 buttinski in American politics. He’s not from Florida and doesn’t do business there but that hasn’t stopped him from meddling the state’s electoral process. He’s been seeding an astroturf movement to defeat the … Continue reading
Posted in Atlantic City, Boyd Gaming, Election, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Sheldon Adelson, Tropicana Entertainment, Trump Entertainment Resorts
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Massachusetts casinos in peril
That’s the conclusion of a Suffolk University/Boston Herald poll. It shows support for casinos having fallen to 37%, while opposition has risen to 47% of those surveyed. That’s a dramatic reversal from a February poll by the Herald which showed … Continue reading
Posted in Detroit, Election, Horseracing, Illinois, Indiana, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Steve Wynn
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GOP candidates back casino-repeal question
Top-of-the ticket Republican candidates for governor in Massachusetts have lined up behind the proposed repeal of the state’s casino law. Charlie Baker is only in favor of putting it on the ballot but Tea Party candidate Mark Fisher would go … Continue reading
Posted in Atlantic City, Massachusetts, Pennsylvania, Politics, Problem gambling
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Casinos battle an ebb tide; Loveman rebuffed
Today marks the date that the casino industry officially became too large for the country to support, symbolized by the closing of Harrah’s Tunica. “There’s gambling everywhere. If you just want to gamble, you don’t have to go very far to do … Continue reading
Posted in Economy, Harrah's, Illinois, Massachusetts, Mississippi, Politics, Regulation
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Massachusetts: Pay the man; Robbing Peter to wager on Paul
If casino gambling is outlawed in a November referendum, MGM Resorts International and Wynn Resorts want their money back. After all, they’ll be out the $85 million application fee and that’s just for starters. They’d also like to be reimbursed … Continue reading
Posted in Delaware, Economy, Japan, Maryland, Massachusetts, MGM Mirage, New York, Ohio, Penn National, Pennsylvania, Regulation, Singapore, Steve Wynn
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Penn, Cordish, Foxwoods all quit
Despite having missed — by several days — the deadline for getting their $1 million application fee refunded, Penn National Gaming and Cordish Gaming want their money back from New York State. Why? Because they have belatedly decided to scrap … Continue reading
Posted in Cordish Co., Florida, Foxwoods, Massachusetts, New York, Penn National, Regulation, Tribal
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Tug of war in Massachusetts; Lee ousted … again; Gilbert’s Greektown struggle
Each with a casino nearly in the bag, both MGM Resorts International and Wynn Resorts want some legislative concessions from Massachusetts. Mohegan Sun is standing pat. MGM and Wynn want their $85 million licensing fee and a number of related … Continue reading
Posted in Dan Gilbert, Dan Lee, Detroit, Downtown, Economy, Election, Massachusetts, MGM Mirage, Mohegan Sun, Ohio, Palms, Problem gambling, Regulation, Steve Wynn
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Internet gaming: More light than heat; Fieri in your face
“We are absolutely shocked by the slowness of the market.” Those are the words of 888.com CEO Brian Mattingley, with regard to Internet gambling in New Jersey. How slow is it? So much that 888 is shifting ad dollars from … Continue reading
Gunga Geoff; Massachusetts split
Some casino industry bigwigs continue to view Macao as a Chinese-flavored version of Las Vegas, an industry fallacy you would think had been outgrown. Take American Gaming Association President Geoff Freeman, who told a Macanese audience that their city needs … Continue reading
Posted in Election, Entertainment, Geoff Freeman, Macau, Massachusetts, Regulation, The Strip
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After Adelson … what then?; Hope in Springfield
One of the issues that has buzzed around Las Vegas Sands like a shoo-fly is the lack of a line of succession. President/COO Michael Leven was superannuated when he took the job at, at age 76, isn’t getting younger. According … Continue reading
Posted in Architecture, Atlantic City, Detroit, Internet gambling, Massachusetts, Sheldon Adelson, Sports, The Strip
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Fertitta breaks ranks; Roll them bones
Golden Nugget owner Tilman Fertitta, 56, may be a Baby Boomer himself, but he’s not satisfied with his Boomer-centric clientele. As he told the Southern Gaming Summit, “One of my scariest things that is young people do not play slot machines.” … Continue reading
Cuomo’s gamble and other Case Bets
New York Gov. Andrew Cuomo (D, right) promised constituents that casino gambling would “fundamentally change the trajectory of the Catskills.” But will it? Or will his administration cut the promised economic recovery off at the knees by favoring one of five … Continue reading
Posted in Cannery Casino Resorts, Economy, Foxwoods, Genting, Harrah's, Iowa, Massachusetts, New York, Pennsylvania
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Shamelessness at Suffolk Downs
In a ludicrous reversal, the owners of Suffolk Downs offered to end horseracing at the track if the Massachusetts Gaming Commission would, pretty please with cream on top, give them a casino license. Up to that point, Suffolk Downs has … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Cretins, Horseracing, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Vdara Death Ray, World Series of Poker
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Cosmo sold!
Deutsche Bank had to take a heckuva haircut but it finally rid itself of The Cosmopolitan Las Vegas for $1.7 billion and change. The buyer is private equity fund Blackstone Group, which paid a staggering 16.7X cash flow for this white … Continue reading
Posted in Cosmopolitan, Foxwoods, Massachusetts, Regulation, The Strip, Wall Street
3 Comments
Happy anniversary for Adelson; Penn’s legal woes
Smashed entrance doors, overburdened and broken escalators, and 40,000 customers … it was all in a day’s work when Sands Macao opened — can it really be 10 years ago next week? Time flies when you’re Sheldon Adelson. Although Stanley … Continue reading
Posted in Iowa, Japan, Macau, Massachusetts, Neil Bluhm, Penn National, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Taxes
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