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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: MGM Mirage
Japan: Hold your horses!
Contrary to a press report over the weekend — and too credulously picked up by S&G — casino gambling is far from out of the woods in the Japanese Diet. True, it was voted out of committee in the lower … Continue reading
Posted in Cirque du Soleil, CityCenter, Cosmopolitan, Japan, Melco Crown Entertainment, MGM Mirage, Politics, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Taxes, The Strip, Tourism, Wall Street
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Running the tables in Pennsylvania; MGM woos Georgia (again)
Due to Pennsylvania‘s quirky habit of releasing slot and table game revenue numbers in staggered fashion, we don’t often comment on Keystone State gambling revenues. Fortunately, the Center for Gaming Research at UNLV consolidates the information into one handy-dandy report. … Continue reading
Posted in Architecture, Aristocrat, Australia, Cosmopolitan, Economy, Eldorado Resorts, Georgia, GLPI, Greenwood Racing, Harrah's, Hooters, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Slot routes, SLS Las Vegas, Taxes, The Strip, Tourism, Transportation
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Japan: The impossible happens
Just when even Wall Street analysts were giving up hope — and ahead of schedule — Japanese Prime Minister Shinzo Abe got a casino-legalization bill through the Diet. This isn’t the end of the process, although casinos are now legal, … Continue reading
Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Donald Trump, Economy, Geoff Freeman, Hard Rock International, Japan, Kazuo Okada, MGM Mirage, North Las Vegas, Regulation, Sheldon Adelson, Technology, Tourism, Transportation
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Caesars: No free ride; Straub sues New Jersey
In an utterly predictable move, Caesars Entertainment will begin charging for parking at its Las Vegas Strip casinos in late December, at the same when MGM Resorts International‘s paid-parking regime is expected to go wide, encompassing locals. (December 29 is … Continue reading
Posted in Atlantic City, Economy, Encore, Entertainment, Glenn Straub, Harrah's, Japan, Macau, MGM Mirage, Movies, Politics, Regulation, Revel, Steve Wynn, The Strip, Tourism, Wall Street
1 Comment
All right in Atlantic City; Trump: The Asia connection
Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading
(Pot) Smoke gets in their eyes; Enter the Lucky Dragon
Just say “No.” That’s what Nevada gaming regulators are advising casinos who might be tempted to take advantage of the new legality of recreational marijuana in the Silver State. Bowing to federal law, the Nevada Gaming Control Board and Nevada … Continue reading
Posted in Colorado, Cordish Co., Downtown, Environment, Geoff Freeman, Internet gambling, Lucky Dragon, Maryland, MGM Mirage, Nevada, Regulation, Sports, The Strip, Tourism
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Atlantic City: Golden Nugget now tops; MGM’s holy rollers
There’s a new leader in Atlantic City‘s Internet-gambling arena. Not PokerStars over at Resorts Digital. They’re still in last place. No, grabbing 24.5% of market share, Golden Nugget now heads the pack. Borgata has 22%, Caesars Interactive holds 18% and … Continue reading
Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Pennsylvania, PokerStars, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street
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Japan: Another failure; Reading the Trump tea leaves
According to Morgan Stanley analysts, the chances of pro-casino legislation passing in Japan this year are “quite low.” Yes, Prime Minister Shinzo Abe has booted the ball yet again. His big push [sic] to bring casinos to the Land of … Continue reading
Posted in Architecture, California, Delaware, Donald Trump, Florida, Genting, Internet gambling, James Packer, Japan, Law enforcement, Macau, MGM Mirage, Nevada, Politics, Sheldon Adelson, Singapore, South Korea, Station Casinos, Tourism, Tribal
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Ivey loses a round; Freeman loses it
Emboldened by a federal court ruling that Phil Ivey and an associate violated the New Jersey Casino Control Act by using “edge sorting” to alter the odds of baccarat in their favor, Borgata is upping its demands against the pair, … Continue reading
Posted in Atlantic City, Boyd Gaming, Donald Trump, Economy, Geoff Freeman, Law enforcement, MGM Mirage, Sheldon Adelson, The Strip, Tourism
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Florida: Scott loses, big time; Coup d’etat in Atlantic City
Fourteen more years. That’s how long the Seminole Tribe can have exclusive rights to blackjack in Florida, thanks to a ruling by U.S. District Judge Robert Hinkle. It’s a huge win for the Seminoles and not entirely unforeseen, given how … Continue reading
Posted in Atlantic City, Donald Trump, Economy, Election, Florida, Geoff Freeman, Georgia, Glenn Straub, Hard Rock International, Japan, Lawrence Ho, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Pennsylvania, Racinos, Rhode Island, Seminole Tribe, Sheldon Adelson, Taxes, Tribal, Wall Street
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LV Monorail lives; MGM shatters expectations
Whether or not you consider the Las Vegas Monorail a while elephant, its trunk is going to grow a bit longer. Clark County is diligently pursuing the permits that would enable it to extend the Monorail to Mandalay Bay, where … Continue reading
MGM hearts Japan; Atlantic City aims for total victory
According to Reuters, if casinos are legalized in Japan, then MGM Resorts International would be willing to build the world’s second $9.5 billion megaresort. (Las Vegas Sands has already brandished $10 billion.) That’s leading with your chin. However, MGM believes … Continue reading
Posted in Atlantic City, Election, Genting, Japan, Marketing, Massachusetts, MGM Mirage, Politics, Sheldon Adelson, South Korea, Station Casinos, Steve Wynn, Taxes, Tribal, Unite-Here
1 Comment
Turnaround in Macao; Trop claims another victim
There’s finally solid ground for optimism with regard to Macao, admittedly a good market to be in even at the worst of times. October gaming revenues surged 9%. Deutsche Bank analyst Carlo Santarelli took the numbers with a couple of … Continue reading
Mixed signals from Atlantic City
Despite having an extra weekend day last month, casino receipts in Atlantic City were down 3.5%, largely driven by the Trump Taj Mahal. (Subtract the Taj from the equation and you’d have a flat year/year comparison.) Table game revenues were … Continue reading
Casino moguls get stadium religion; Macao casinos not a Beijing priority
MGM Resorts International CEO Jim Murren has had a come-to-Jesus moment on Sheldon Adelson‘s proposed NFL stadium. After all, MGM stands the most to benefit from proximity to its all-but-certain Russell Road location. Failing to fund the stadium, Murren told … Continue reading
Posted in Economy, Macau, MGM Mirage, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip
1 Comment
Local is beautiful; Adelson loses partner
Motley Fool columnist Travis Hoium says investors are missing a good bet if they overlook Las Vegas locals operators to focus on the big Las Vegas Strip players. He cites Station Casinos, Boyd Gaming and Penn National Gaming (presumably for … Continue reading
Pittsburgh pleads with Rivers Casino; Strong numbers from Maryland, Illinois
Pittsburgh is essentially saying “Pretty please” to Rush Street Gaming‘s Rivers Casino, begging the latter to keep voluntarily paying $10 million a year to the city, even though Rush Street is no longer under any legal obligation to do so. Pittsburgh Finance … Continue reading
Posted in Boyd Gaming, Cordish Co., Cosmopolitan, GLPI, Golden Gaming, Harrah's, Illinois, Iowa, Maryland, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Racinos, Taxes, Technology, The Strip
6 Comments
National Harbor opening looms; Murren’s march through Georgia
Lucky Dragon Casino had better enjoy its 15 minutes of fame while they last because all eyes will turn to the East Coast on Dec. 8, when MGM Resorts International opens MGM National Harbor. CEO Jim Murren is already predicting … Continue reading
Posted in Alabama, Dining, Economy, Florida, Georgia, Harrah's, Internet gambling, Maryland, MGM Mirage, New York, Pennsylvania, Politics, Taxes, Technology, Tribal
1 Comment
Stadium debate heats up; Seminole Tribe ousts boss
While it looked for a moment like the wheels were greased for an NFL stadium on the Las Vegas Strip, financed primarily by hotel-room taxes, there’s a bit less certainty today. For one thing, Sheldon Adelson either assumed or … Continue reading
Posted in California, Economy, Florida, Hard Rock International, Harrah's, Macau, MGM Mirage, Politics, Seminole Tribe, Sheldon Adelson, Sports, Taxes, The Strip
2 Comments
Industry braces for post-Reid void
Why has Geoff Freeman become such an outspoken voice in favor of the gaming industry? In part to fill the vacuum soon to be left by retiring Sen. Harry Reid (D). One of the two candidates running to replace him, … Continue reading
Posted in Election, Geoff Freeman, Harrah's, Harry Reid, MGM Mirage, Pinnacle Entertainment, Politics, Sheldon Adelson, Station Casinos
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