Category Archives: Massachusetts

Optimism in Boston; Sands is #1

Posted on December 26, 2013 by David McKee

What are the chances that Suffolk Downs could become the most profitable casino in the Western Hemisphere? Not good, you’d think, but Mohegan Tribal Gaming Authority is willing to bet on it. If annual revenue reaches $1 billion, then Revere … Continue reading →

Posted in Bally Technologies, Churchill Hill, Massachusetts, MGM Mirage, Mohegan Sun, New York, Reno, Sheldon Adelson, Steve Wynn, Taxes, Wall Street | Comments Off on Optimism in Boston; Sands is #1

Mohegan Sun scolded; Atlantic Club’s death throes

Posted on December 24, 2013 by David McKee

City fathers in Palmer, Massachusetts, have had a sudden falling-out with Mohegan Tribal Gaming Authority. They’ve accused Mohegan Sun of deliberately tanking the Nov. 5 election through “a deliberate pattern of delay and mismanagement.” As such, they’ll be joining the … Continue reading →

Posted in Atlantic City, Cordish Co., Hard Rock International, Harrah's, Indiana, Massachusetts, Mohegan Sun, Regulation, Revel, Steve Wynn, Taxes, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off on Mohegan Sun scolded; Atlantic Club’s death throes

And it’s … MGM again

Posted on December 23, 2013 by David McKee

Add Massachusetts to the roster of states where MGM Resorts International has been approved to operate. It received the unanimous assent of the Massachusetts Gaming Commission earlier today. “The Commission … finds that the Applicant has satisfied its burden of … Continue reading →

Posted in Current, Election, Greenwood Racing, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation, Steve Wynn, Uncategorized | Comments Off on And it’s … MGM again

Curtains for Atlantic Club; Foxwoods rides again

Posted on December 23, 2013 by David McKee

In a curious bankruptcy-court resolution, the Atlantic Club Hotel was sold to two buyers. Tropicana Entertainment — probably getting the better part of the deal — paid $8.4 million for the gambling equipment and player database. Caesars Entertainment spent $15 … Continue reading →

Posted in Atlantic City, CityCenter, Colony Capital, Foxwoods, Harrah's, Massachusetts, Regulation, Steve Wynn, The Strip, Tribal, Tropicana Entertainment, Wall Street, Wisconsin | Comments Off on Curtains for Atlantic Club; Foxwoods rides again

And it’s … MGM

Posted on December 20, 2013 by David McKee

This news is so hot off the wires Howard Stutz has only had time to tweet it but Prince George’s County has chosen MGM Resorts International for its new casino license. Pleas by Greenwood Racing for an extension had been … Continue reading →

Posted in Current, Greenwood Racing, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation | 2 Comments

Etess, Wynn cross swords & other Case Bets

Posted on December 18, 2013 by David McKee

Mohegan Tribal Gaming Authority CEO Mitchell Etess is A-OK with Massachusetts casino regulation, as he made clear in a recent interview. (Mohegan Sun is vying for a casino license at Suffolk Downs.) “I think everybody who got into this process … Continue reading →

Posted in Alabama, Japan, Massachusetts, Melco Crown Entertainment, New York, Pennsylvania, Regulation, Taxes, Tribal | 1 Comment

A good week for Packer, Wynn and Caesars

Posted on December 18, 2013 by David McKee

James Packer didn’t get permission to open a casino at his planned, $400 million resort in Sri Lanka (though he may have gotten something better) — but he wasn’t forbidden, either. The Sri Lankan government is keeping its options open even … Continue reading →

Posted in Florida, Harrah's, International, James Packer, Macau, Massachusetts, Mississippi, Regulation | Comments Off on A good week for Packer, Wynn and Caesars

Genting, Steve Wynn & so much more

Posted on December 17, 2013 by David McKee

Genting Group has narrowed its price target for finishing Resorts World Vegas. It will spend between $3 billion and $4 billion to complete the project (for which it has already paid $350 million for land). For a post-recession Vegas that’s … Continue reading →

Posted in CityCenter, Colorado, Current, Dubai, Economy, Florida, Fontainebleau, Foxwoods, Genting, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Pinnacle Entertainment, Politics, Racinos, Steve Wynn, The Strip | 2 Comments

Quote of the Day

Posted on December 17, 2013 by David McKee
Posted in Massachusetts, Regulation, Steve Wynn | Comments Off on Quote of the Day

Falling out in Philly; Falling apart at Caesars

Posted on December 17, 2013 by David McKee

SugarHouse Casino has finally said what needed to be said: The Philadelphia market is tapped out for casinos. It’s not entirely a  disinterested stance; SugarHouse is finishing a $155 million expansion and vulnerable to new competition. But the numbers have … Continue reading →

Posted in Atlantic City, Greenwood Racing, Harrah's, Internet gambling, Maryland, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Regulation, Steve Wynn, The Strip, Tilman Fertitta | 1 Comment

Bad news for Adelson; Wynn OK’d

Posted on December 17, 2013 by David McKee

I don’t know if Sheldon Adelson deserves the credit, but it looks like his anti-Internet-casino jihad has driven Big Gaming closer together. Wynn Resorts and Station Casinos and Churchill Downs have all joined the American Gaming Association. AGA prexy Geoff … Continue reading →

Posted in Atlantic City, Colony Capital, Geoff Freeman, International, Internet gambling, Massachusetts, MGM Mirage, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn | Comments Off on Bad news for Adelson; Wynn OK’d

The case against Crosby

Posted on December 13, 2013 by David McKee

As expected, the Massachusetts Gaming Commission fired off a broadside against Caesars Entertainment. It defended its Investigations & Enforcement Bureau as “comprised of seasoned investigators, [who act] independently to protect the public interest.” That’s partly a defense of the IEB … Continue reading →

Posted in Election, Florida, Foxwoods, Harrah's, Massachusetts, MGM Mirage, Regulation, Steve Wynn, Tribal | 1 Comment

Sore losers; Poker Stars’ ticket punched

Posted on December 12, 2013 by David McKee

Update: Fallout from the lawsuit might force Stephen Crosby to step down. (Caesars is suing him for damages, among other things.) “Chairman Crosby and members of the commission’s staff have made untrue and misleading statements about plaintiffs and their affiliates. … Continue reading →

Posted in Atlantic City, Election, Harrah's, Internet gambling, Massachusetts, Regulation, Tribal, Trump Entertainment Resorts, Wisconsin | Comments Off on Sore losers; Poker Stars’ ticket punched

Compromise in Boston; Good riddance at Pinnacle?

Posted on December 10, 2013 by David McKee

It would appear that the Massachusetts Gaming Commission has tacitly bowed to ballot language that would require any restructuring of the Suffolk Downs casino deal to be submitted for a re-vote. Fresh off the wires comes news that the MGC … Continue reading →

Posted in Harrah's, Isle of Capri, Massachusetts, Missouri, Mohegan Sun, Penn National, Pinnacle Entertainment, Racinos, Regulation, Tropicana Entertainment | Comments Off on Compromise in Boston; Good riddance at Pinnacle?

MGM: Crossing fingers and hoping; Bloodbath in Indiana

Posted on December 10, 2013 by David McKee

After several ups and downs, MGM Resorts International finds itself justthisclose to a casino in Springfield, Massachusetts. The state’s equivalent of the Nevada Gaming Control Board urged a finding of suitability. Whether the circumspect Massachusetts Gaming Commission agrees hangs upon … Continue reading →

Posted in Affinity Gaming, Atlantic City, Harrah's, Macau, Massachusetts, MGM Mirage, Ohio, Pansy Ho, Penn National, Pinnacle Entertainment, Racinos, Regulation, Technology | Comments Off on MGM: Crossing fingers and hoping; Bloodbath in Indiana

D-Day nears for Massachusetts, Maryland

Posted on December 9, 2013 by David McKee

This just in: MGM Resorts International has been tentatively approved by the investigative branch of the Massachusetts Gaming Commission, pending the satisfaction of certain matters. That moment is drawing nigh at which point the Massachusetts Gaming Commission must rule upon … Continue reading →

Posted in Atlantic City, Colony Capital, Cordish Co., Greenwood Racing, Harrah's, Maryland, Massachusetts, MGM Mirage, Pansy Ho, Penn National, Regulation, Stanley Ho, Steve Wynn, Tribal | 1 Comment

Buyers and potential sellers

Posted on December 9, 2013 by David McKee

Spend a few minutes this morning with Revel Resort CEO Scott Kreeger, even if some of his answers are exquisitely vague. Having been checkmated by voters in Milford, Massachusetts, is no discouragement to Penn National Gaming parent company Gaming & … Continue reading →

Posted in Atlantic City, Hard Rock International, Harrah's, Illinois, Indiana, Iowa, Massachusetts, Ohio, Penn National, Pinnacle Entertainment, Revel | Comments Off on Buyers and potential sellers

Adelson’s bogus poll & other fun with numbers

Posted on December 6, 2013 by David McKee

To hear Sheldon Adelson tell it, 70% of Americans share his die-hard opposition to Internet gambling. He even bought a poll from The Tarrance Group to prove its point. Unfortunately for the Sultan of Sands, the monarch has no clothes. … Continue reading →

Posted in Alabama, Atlantic City, Cretins, Economy, Greenwood Racing, Harrah's, Internet gambling, Kentucky, Massachusetts, MGM Mirage, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, Tribal | 1 Comment

Casinos on the dole; Conflict in Massachusetts

Posted on December 5, 2013 by David McKee

We’ve come 180 degrees in the evolution of the casino industry in the U.S. State governments once embraced them as what Dover Downs Gaming & Entertainment CEO Denis McGlynn calls a “sin-tax pot of gold.” Now they’re flailing amidst overmuch competition … Continue reading →

Posted in Iowa, Massachusetts, MGM Mirage, Penn National, Taxes, The Strip, Tribal, Wall Street | Comments Off on Casinos on the dole; Conflict in Massachusetts

Rising sun; Falling Poster; Crosby gets funky

Posted on December 5, 2013 by David McKee

Japan‘s ruling Liberal Democratic Party has been stymied in introducing pro-casino legislation in the Diet, thanks to grumbling, naysaying Buddhist coalition partners. But other parties have been building a casino coalition. According to The Straits Times, a “cross-party group of Japanese … Continue reading →

Posted in Current, Internet gambling, Japan, Massachusetts, Politics, Regulation, Slot routes | Comments Off on Rising sun; Falling Poster; Crosby gets funky