Category Archives: MGM Mirage

Odds move toward Mayweather; MGM coy about Cotai plans

Posted on August 25, 2017 by David McKee

As Las Vegas gears up for the Floyd Mayweather/Conor McGregor clash of the tomato cans, rationality is starting to manifest itself in the betting lines. Several large wagers — two as big as $1 million — presumably from ‘sharps,’ began hitting … Continue reading →

Posted in Macau, Marijuana, MGM Mirage, Missouri, Nevada, Oklahoma, Regulation, Sports, Taxes, The Strip, Tribal, Westgate LV | Comments Off on Odds move toward Mayweather; MGM coy about Cotai plans

Coming soon to MGM Grand

Posted on August 25, 2017 by David McKee

While it’s standing pat on skill-based slots, MGM Resorts International is taking the plunge with virtual-reality social gambling. It’s teaming up with Aussie firm Zero Latency to place three games in

Posted in Australia, Entertainment, MGM Mirage, Technology, The Strip | Comments Off on Coming soon to MGM Grand

Atlantic City wins big; Typhoon Hato clocks Macao

Posted on August 25, 2017 by David McKee

Having trounced its opposition in last year’s election, Atlantic City continues on its roll, with its casinos posting a 20% increase in operating profit through June. “For three consecutive quarters now, the current operators reported double-digit growth in gross operating profits. … Continue reading →

Posted in Atlantic City, California, Glenn Straub, Harrah's, Macau, MGM Mirage, Mohegan Sun, Revel, Sheldon Adelson, Steve Wynn, Tilman Fertitta, Tribal | Comments Off on Atlantic City wins big; Typhoon Hato clocks Macao

Culinary frets over Hard Rock; Puck jilts Caesars for MGM

Posted on August 24, 2017 by David McKee

What does Bethany Khan know that we don’t? Although Brookfield Asset Management has said nothing overt about selling the Hard Rock Hotel, the Culinary Union is obviously convinced that a sale is imminent and is ringing the alarm bell. In … Continue reading →

Posted in Archon Corp., Culinary Union, Dining, Drugs, Hard Rock Hotel, Harrah's, history, MGM Mirage, Regulation, Station Casinos, Steve Wynn, The Strip | 1 Comment

How Conor McGregor is like Donald Trump & other news

Posted on August 23, 2017 by David McKee

Not since the election of Donald Trump have oddsmakers been poised to take such a shellacking as at this weekend’s showdown between tomato cans Floyd Mayweather Jr. and boxing debutante Conor McGregor. Despite Mayweather’s proven track record, sports books have … Continue reading →

Posted in Atlantic City, George Maloof, Harrah's, Internet gambling, MGM Mirage, Michael Gaughan, New York, PokerStars, Sports, Steve Wynn, Taxes, Technology, The Strip, Tilman Fertitta, Tribal, Westgate LV | Comments Off on How Conor McGregor is like Donald Trump & other news

Murren blasts hate groups; 21st century strippers

Posted on August 22, 2017 by David McKee

Reverberations from Charlottesville were felt on the Las Vegas Strip last week when MGM Resorts International CEO Jim Murren wrote to all employees, saying in part, “You have my commitment that we will vigorously and zealously continue to reject hate speech … Continue reading →

Posted in Cretins, Culinary Union, Dan Gilbert, Detroit, GLPI, history, MGM Mirage, North Dakota, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Sheldon Adelson, Technology | Comments Off on Murren blasts hate groups; 21st century strippers

Fertitta scourges Pelican State rules; Macao biz booms for Wynn

Posted on August 21, 2017 by David McKee

“Let’s not kid ourselves: that barge is concrete. It’s not going anywhere.” With those words, Tilman Fertitta launched one of several broadsides at absurd Louisiana regulations on casinos. Not only do Pelican State casinos still have to sit in water, … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Eldorado Resorts, Entertainment, Environment, Foxwoods, GLPI, Greenwood Racing, Harrah's, Internet gambling, Iowa, Isle of Capri, Japan, Louisiana, Macau, MGM Mirage, Pennsylvania, Pinnacle Entertainment, Politics, Problem gambling, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Warner Gaming | Comments Off on Fertitta scourges Pelican State rules; Macao biz booms for Wynn

Japan sets casinos up for failure; Renegade card room in California closed

Posted on August 18, 2017 by David McKee

About the nicest thing Jim Murren had to say about Japan‘s casino market is that it’s “unclear at the moment.” Casino developers are bracing themselves for delivery of a 130-page report from the Expert Committee, laying out proposed regulations for megaresorts. … Continue reading →

Posted in Arizona, Atlantic City, California, Cretins, Donald Trump, Election, history, Internet gambling, Japan, Maine, MGM Mirage, Pets, Regulation, Sheldon Adelson, Singapore, Sports, The Strip, Tilman Fertitta, Tourism, Transportation, Virginia | Comments Off on Japan sets casinos up for failure; Renegade card room in California closed

This just in: Cotai hot, Macao not; Seminoles thrash Gilbert

Posted on August 15, 2017 by David McKee

In today’s dog-bites-man story, a Wall Street analyst has belatedly concluded the obvious: that the casinos on Cotai will sap business from Macao proper. Global Market Advisors analyst Andrew Klebanow wrote, “What the industry can expect to see is a pattern … Continue reading →

Posted in Alabama, Atlantic City, Australia, Dan Gilbert, Georgia, Internet gambling, Macau, MGM Mirage, Ohio, Politics, Racinos, Seminole Tribe, Sheldon Adelson, Sociedade de Jogos de Macau, Stanley Ho, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Wall Street | Comments Off on This just in: Cotai hot, Macao not; Seminoles thrash Gilbert

Culinary boycotts beer; Wynn stock upgraded on Macao strength

Posted on August 15, 2017 by David McKee

Along with Organizing Beyond Barriers, the Culinary Union is calling upon Trader Joe’s to stop carrying Gordon Biersch beer labels Josephsbrau, Black Toad Ale, and Stockyard Oatmeal Stout. Why? Because the “principals are Frank and Lorenzo Fertitta, controlling owners of the Las … Continue reading →

Posted in Atlantic City, Culinary Union, Donald Trump, Harrah's, Internet gambling, Lucky Dragon, Macau, MGM Mirage, Mohegan Sun, Politics, Station Casinos, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | Comments Off on Culinary boycotts beer; Wynn stock upgraded on Macao strength

Cuomo’s experiment disappoints; Caesars sweet on Japan

Posted on August 14, 2017 by David McKee

Whatever marketing studies drove the conclusion that upper New York State was ripe for gambling expansion have proven to be have been seriously off the mark. Gov. Andrew Cuomo‘s three-casino addition to upstate gaming options are disappointing Albany with their … Continue reading →

Posted in Cordish Co., Genting, Greenwood Racing, Harrah's, Japan, Marketing, MGM Mirage, Neil Bluhm, New York, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, The Strip, Tourism, TV, Vietnam | 1 Comment

Freeman hearts Atlantic City; Big win for Martinez

Posted on August 11, 2017 by David McKee

American Gaming Association President Geoff Freeman gave Atlantic City the thumbs-up this week, pointing to the reinvention of Trump Taj Mahal as Hard Rock Atlantic City and to the as-yet-undisclosed joint venture between Caesars Entertainment and MGM Resorts International. He … Continue reading →

Posted in Atlantic City, Bally Technologies, Detroit, Dining, e-sports, Eldorado Resorts, Florida, Geoff Freeman, Glenn Straub, Hard Rock International, Harrah's, Internet gambling, Isle of Capri, MGM Mirage, Politics, Revel, Seminole Tribe, Taxes, Tribal | Comments Off on Freeman hearts Atlantic City; Big win for Martinez

House of Bamboo; Adelson beats The Street

Posted on August 9, 2017 by David McKee

It seems frivolous to be discussing casinos when the Korean peninsula could go up in radioactive flames at any moment, but we do what we must. While legalizing casinos in Japan was a slow and agonizing process, they could fade … Continue reading →

Posted in Entertainment, GameCO, Genting, Georgia, Harrah's, Horseracing, International, Internet gambling, Japan, Macau, MGM Mirage, Pennsylvania, Politics, Problem gambling, Regulation, Sheldon Adelson, Singapore, Technology, The Strip, Wall Street | Comments Off on House of Bamboo; Adelson beats The Street

Slippage in Illinois; MGM carries Maryland

Posted on August 7, 2017 by David McKee

One less weekend day than last year proved costly for casinos in Illinois, where gaming revenue fell 2.5% in July. (It had been flat in 2016.) True, the creeping effect of slot routes may have played a role but speculation … Continue reading →

Posted in CityCenter, Cordish Co., GLPI, Golden Gaming, Harrah's, Illinois, Maryland, MGM Mirage, Neil Bluhm, Penn National, Racinos, The Strip, Tourism, West Virginia | Comments Off on Slippage in Illinois; MGM carries Maryland

Case bets

Posted on August 4, 2017 by David McKee

After loudly proclaiming that it wasn’t going down the Internet– gambling path, MGM Resorts International has quietly reversed field and is opening a New Jersey Web site called playMGM. (To be fair, the company also inherited a flourishing ‘Net-bet operation … Continue reading →

Posted in Animals, Columbia Sussex, Florida, Genting, Internet gambling, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Mississippi, New York, Racinos, Regulation | Comments Off on Case bets

Mickey Mouse comes to Sin City; Unrest at MGM

Posted on August 3, 2017 by David McKee

Locals might cringe every time the “What happens in Vegas stays in Vegas” cliché is trotted out — in part because what happens there usually finds its way to YouTube within hours, if not minutes. However, the staying power of … Continue reading →

Posted in Cosmopolitan, Culinary Union, e-sports, Economy, history, LVCVA, Marketing, MGM Mirage, Mississippi, Taxes, The Strip, Transportation | Comments Off on Mickey Mouse comes to Sin City; Unrest at MGM

Dover downer; Connecticut rewrites the rules

Posted on August 2, 2017 by David McKee

Expect another request for tax cuts from Dover Downs after the Delaware racino posted a 96% decrease in second-quarter profits. (Slots are taxed at a usurious 43%.) While Dover Downs made $32,000, it suffered a 7% decline in casino revenues. … Continue reading →

Posted in Atlantic City, Cordish Co., Delaware, Foxwoods, GameCO, Greenwood Racing, Harrah's, International, Marketing, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Racinos, Regulation, Taxes, Technology, Tribal | 1 Comment

Quote of the Day

Posted on August 2, 2017 by David McKee

“The suburban casino smells like vanilla. Trust us, it does. And not some lowbrow, bodega-incense vanilla, either. It smells like a Diptyque candle or fancy shampoo. Like vanille, sourced from some formerly colonized nation. Like rich people. If you do not come … Continue reading →

Posted in Architecture, Entertainment, Maryland, MGM Mirage | Comments Off on Quote of the Day

Revel sold? Sez who?; Wynn loses his shirt

Posted on August 1, 2017 by David McKee

Atlantic City may have seen the last of Glenn Straub. Last week, Global Gaming Business Editor Roger Gros took to Twitter to announce that Revel (aka Ten) had been sold, former exec Mark Juliano — late of Sands Bethlehem — … Continue reading →

Posted in Atlantic City, Glenn Straub, Hard Rock International, Harrah's, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Mirage, Neil Bluhm, New York, Pennsylvania, Racinos, Regulation, Revel, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, Wall Street | Comments Off on Revel sold? Sez who?; Wynn loses his shirt

Land of the Sinking Hopes?; MGM hearts McCain

Posted on August 1, 2017 by David McKee

If Japanese casinos must be majority-owned by local companies, that suits Sega Sammy Holdings just fine. The company is challenging the likes of Galaxy Entertainment, Las Vegas Sands and MGM Resorts International for one of the initial casino licenses. Of … Continue reading →

Posted in Cordish Co., Foxwoods, G2E, Galaxy Entertainment, Geoff Freeman, Hard Rock International, Harrah's, Horseracing, International, Japan, MGM Mirage, Mohegan Sun, Politics, Problem gambling, Sheldon Adelson, Singapore, Tribal | Comments Off on Land of the Sinking Hopes?; MGM hearts McCain