Category Archives: Massachusetts

Maryland accord totters; Massachusetts cities get testy

Never say “never” but a pet casino project of Maryland Senate President Thomas V. “Mike” Miller Jr. is in critical condition. The sweetheart deal, which would gift-wrap a casino for National Harbor in Miller’s Prince George’s County (in return for … Continue reading

Posted in Current, Economy, Harrah's, Maryland, Massachusetts, Penn National, Politics, Racinos, Regulation, Reno, Steve Wynn | 1 Comment

Gilbert, Caesars hit Ohio speed bump; Maple Leaf misadventure; Rearranging deck chairs on the WesCas

Rub a dub-dub, three companies in a tub called Rock Ohio Caesars. In emulation of Nevada‘s built-first-license-later system, the Ohio Casino Control Commission is just getting around to mulling the bonafides of Horseshoe Casino Cleveland‘s shareholders. Little-publicized minority partner Lyle … Continue reading

Posted in Columbia Sussex, Current, Detroit, Harrah's, Horseracing, International, Iowa, Kansas, Lyle Berman, Macau, Massachusetts, MGM Mirage, Ohio, Pennsylvania, Politics, Regulation, Sports, Stanley Ho, The Strip, Wall Street | 2 Comments

The continuing adventures of Sheldon Adelson, Harry Reid and the GSA

First, the good news. Business is off and running at brand-new Sands Cotai Central, whose Himalaya casino (372 tables, 600 slots) opened last Wednesday. In total square footage, it overtakes Venetian Macao for status as the world’s largest casino (30% … Continue reading

Posted in Atlantic City, Boyd Gaming, California, Current, Economy, Election, Florida, Genting, Harrah's, Harry Reid, history, International, Macau, Massachusetts, New York, Penn National, Pennsylvania, Sheldon Adelson, Sports, Stanley Ho, Technology, The Strip, Tourism, Transportation, TV, Wall Street | 5 Comments

Sheldon Adelson, super villain

“Where’s the white cat,” asked an S&G reader when photos from the grand opening of Sands Cotai Central showed Sheldon Adelson doing a superb impersonation of Ernst Stavro Blofeld, “crumpets” in attendance. You can just imagine him sitting there, brainstorming … Continue reading

Posted in Current, Election, Harrah's, International, Internet gambling, Macau, Massachusetts, Movies, Pennsylvania, Politics, Regulation, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Tourism | 7 Comments

Like I said …

That MGM Resorts International casino project in Massachusetts looked like a long shot to me — and so it was. After a high-profile launch, complete with a personal appearance by CEO Jim Murren, a dedicated Web site and a promised … Continue reading

Posted in Ameristar, Current, Election, Goldman Sachs, Indiana, International, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Ohio, Penn National, Pinnacle Entertainment, Sheldon Adelson, Transportation, Wall Street | 2 Comments

Ides of March: Caesars, MGM, Wynn court Wall Street

Evidently J.P. Morgan‘s Gaming, Lodging & Leisure Management Access Forum, being held this week at Wynncore, isn’t sufficiently important to merit the attendance of Big Gaming’s CEOs. If Steve Wynn couldn’t make the stroll from his office to Encore’s meeting … Continue reading

Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Encore, Entertainment, Harrah's, Illinois, Internet gambling, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Neil Bluhm, Ohio, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street, World Series of Poker | 2 Comments

Adelson minions visit Encore: Big Gaming courts Wall Street

There will be Ice Capades in Hell before Sheldon Adelson sets foot in Encore, I should expect. However, with J.P. Morgan holding an investor conference at Wynncore, it would be poor form of Las Vegas Sands — currently the darling … Continue reading

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Current, Detroit, Economy, Harrah's, International, Internet gambling, Kansas, Louisiana, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Station Casinos, Steve Wynn, The Strip, Tourism, Wall Street, West Virginia | Comments Off on Adelson minions visit Encore: Big Gaming courts Wall Street

One born every minute

Wall Street‘s appetite for risk knows no bounds. True, year-end numbers from MGM Resorts International contain cause for confidence, including 8% higher domestic gambling revenue and 10% improved room revenues. However, MGM’s still sitting atop a $13.5 billion powder keg … Continue reading

Posted in CityCenter, Culinary Union, Current, Dubai, G2E, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Politics, Racinos, Taxes, Wall Street | Comments Off on One born every minute

End of an era; Butera: Down is the new up

Bunny blues. Given the travails affecting Hugh Hefner‘s eroding PEI empire — including a recent abandonment of its Chicago offices and spinoff of its Cyber Club — it was only a matter of very little time before the Palms’ franchised … Continue reading

Posted in Current, Entertainment, George Maloof, International, Marketing, Massachusetts, Rhode Island, The Strip, Tribal, Wall Street | Comments Off on End of an era; Butera: Down is the new up

Dan Lee calls it quits; Who let Big Dawg’s out?

Having seen the handwriting on the wall, Dan Lee has sold his Creative Casinos of Louisiana to regional rival Ameristar Casinos for a measly $32.5 million. Bankers were having difficulty computing Lee + Lake Charles = Mojito Pointe. Financing prospects … Continue reading

Posted in Ameristar, Current, Dan Lee, Economy, Georgia, Internet gambling, Iowa, Louisiana, Marketing, Massachusetts, MGM Mirage, Pinnacle Entertainment, Politics, Regulation, Wall Street | 4 Comments

Wynn vs. Okada: Shooting the messenger; Ship of fools

Stung by accusations from Wynn Resorts that erstwhile Shareholder #1 Kazuo Okada had been greasing palms at PAGCOR, prompt action was taken by the Philippines House Committee on Games & Amusements. It promptly banned … Steve Wynn. This comical, “circle … Continue reading

Posted in Ameristar, Bally Technologies, Carl Icahn, Columbia Sussex, Harrah's, International, Macau, Massachusetts, MGM Mirage, Mississippi, Penn National, Regulation, Singapore, Steve Wynn, Tribal, Tropicana Entertainment, Wall Street | 2 Comments

Biloxi: Isle out, Landry’s in; Grind joints come to Atlantic City

Not even a rocky start in Atlantic City has cooled the ardor of Landry’s Restaurant CEO Tilman Fertitta for new casino acquisitions. Earlier today Landry’s announced that it had bought Isle Casino Hotel, putting Fertitta into the Biloxi market. The … Continue reading

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Downtown, Isle of Capri, Marketing, Massachusetts, Pennsylvania, Singapore, Steve Wynn, Tilman Fertitta, Wall Street | 2 Comments

Wynn vs. Okada: Payback Time

Looks like Kazuo Okada brought a knife to a gunfight with Steve Wynn. The latter has spent the last year having former FBI boss Louis Freeh and sundry investigators check up on Okada — and what a lot of dirt … Continue reading

Posted in Current, Election, Florida, Genting, International, Macau, Massachusetts, MGM Mirage, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 4 Comments

Cosmo woe; MGM lurves Ameristar

As new casino boss Thomas McCartney tries to stabilize the sinking ship that is The Cosmopolitan of Las Vegas, he’s tossed overboard some human ballast in the form of casino employees. (Thirty full-time dealers are alleged to have been pink-slipped.) … Continue reading

Posted in Ameristar, Colorado, Cosmopolitan, Dan Lee, Dining, Election, Harrah's, history, Illinois, Indiana, International, Iowa, Lake Tahoe, Louisiana, Marketing, Massachusetts, MGM Mirage, Missouri, Movies, Ohio, Planet Hollywood, Sheldon Adelson, The Strip | 1 Comment

Quote of the Day

“On my watch, we fought hard and prevented Massachusetts from becoming the Las Vegas of gay marriage.” — Mitt Romney, speaking earlier today. Unfortunately, Nevada voters have twice prevented Las Vegas from becoming “the Las Vegas of gay marriage.” Our … Continue reading

Posted in Current, Economy, Election, Massachusetts, The Strip, Tourism | 1 Comment

Vegas’ December: Better than it looks?

If today’s numbers from the Nevada Gaming Control Board indicate that December was good for business — especially on the Las Vegas Strip (up 4% … 7% if you take baccarat out of the equation) — January ought to have … Continue reading

Posted in Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Lake Tahoe, Laughlin, Massachusetts, North Las Vegas, Reno, Rhode Island, Sheldon Adelson, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off on Vegas’ December: Better than it looks?

And then there were three; What’s next in Florida?; New problem for Illinois

While the rest of America was betting on a little thing we call the Super Bowl … Unless it can find somebody to relieve it of a fourth and final gaming license, in southeastern Kansas, the Sunflower State’s casino-expansion program … Continue reading

Posted in Election, Genting, Illinois, Kansas, Massachusetts, Penn National, Politics, Racinos, Sheldon Adelson, Sports, Taxes, Tribal | 2 Comments

Caesars IPO: It’s baaaaaack! Adelson: I’ll take Taiwan

In a pathetically underwhelming announcement, Caesars Entertainment is planning to float an IPO of 1.8 million shares, priced to move at a modest $8-$10 per share. Which means, best-case scenario, that CEO Gary Loveman will raise $18 million, tops, from … Continue reading

Posted in Boyd Gaming, Current, G2E, Harrah's, International, Macau, Maryland, Massachusetts, Ohio, Penn National, Regulation, Sheldon Adelson, The Strip, Wall Street | 3 Comments

Adelson denies having influence

Contrary to what the Washington Post reported and what Clark County GOP Chairman Dave Gibbs told The Associated Press, the man runs Las Vegas Sands says he had little or nothing to do with the rescheduling of Saturday’s Nevada Republican … Continue reading

Posted in Current, Election, Florida, Genting, Massachusetts, Sheldon Adelson | 1 Comment

Dear Floridians …; Mission unfinished; Blue skies

Sarah Palin says, “vote for Newt, annoy a liberal, vote Newt.” I say, “Vote Newt, please, because the concurrent stream of Sheldon Adelson stories is a blogger’s dream come true. Keep that gravy train going!” (Besides, it’s had the side … Continue reading

Posted in Ameristar, Atlantic City, Current, Election, Environment, Florida, Harrah's, International, Louisiana, Marketing, Massachusetts, Mississippi, New York, Ohio, Penn National, Politics, Problem gambling, Sheldon Adelson, South Carolina, Steve Wynn, TV | 3 Comments