Category Archives: MGM Mirage

Fantastic month for Atlantic City; Gural gets his wish

Posted on October 15, 2015 by David McKee

As the window for apples-to-oranges comparisons of Atlantic City casino revenue closes, so does the gap between same-store and outright gross-gaming revenues. In September, casinos were up 10% on a same-store basis (i.e., excluding the four closed ones from the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Penn National, PokerStars, Regulation, Rhode Island, Tilman Fertitta, Tourism, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off

Mad slot skillz; Tribes at war with one another

Posted on October 12, 2015 by David McKee

Skill-based slot games are a long way from deployment but that didn’t discourage The Motley Fool‘s Jeff Hwang from scouting the Global Gaming Expo show floor in search of entertaining product. The games he saw the greatest potential in were … Continue reading →

Posted in California, Economy, G2E, IGT, Internet gambling, MGM Mirage, Pennsylvania, Scientific Games, Technology, Tribal | Comments Off

No boost for Illinois; The wrath of Wynn

Posted on October 7, 2015 by David McKee

So much for the invigorating effect of Labor Day weekend. Even with a holiday, September in Illinois still saw a decline in casino revenue. Casinos in the Land of Lincoln were down 5% for the month. Foot traffic fell 2% … Continue reading →

Posted in Boyd Gaming, GLPI, Harrah's, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Regulation, Slot routes, Sports, Steve Wynn | Comments Off

MGM reassures Springfield; New gig for Loveman

Posted on October 6, 2015 by David McKee

MGM Resorts International President William Hornbuckle‘s promptly arranged visit to Springfield took on the nature of a damage-control effort yesterday. Hornbuckle made an unequivocal commitment to the city, saying, “We have not gone anywhere, we will not go anywhere and we … Continue reading →

Posted in Boyd Gaming, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Technology | Comments Off

MGM sends emissary to Springfield; Florida tribe takes a loss

Posted on October 5, 2015 by David McKee

Undoubtedly realizing that it laid a public-relations egg with its scaled-down redesign of MGM Springfield, parent company MGM Resorts International is sending President William Hornbuckle to Springfield to mend fences with Mayor Domenic Sarno. Actually, Sarno has been in MGM’s … Continue reading →

Posted in Architecture, Economy, Florida, Massachusetts, MGM Mirage, Penn National, Regulation, Steve Wynn, Tribal, Wall Street | Comments Off

Dan Lee’s Colorado lode; The Caranos take Reno

Posted on October 5, 2015 by David McKee

Since overthrowing the leadership of Full House Resorts, new CEO Dan Lee has been chock-full of initiatives. His latest is to drop $30 million to acquire Bronco Billy’s Casino & Hotel, in Cripple Creek, Colorado. The move comes as Colorado … Continue reading →

Posted in Atlantic City, Colorado, Dan Lee, Delaware, Dining, Eldorado Resorts, Full House Resorts, International, Internet gambling, Marketing, MGM Mirage, PokerStars, Reno, Scientific Games | Comments Off

Turning point for Wynn; Breakthrough for PokerStars

Posted on October 1, 2015 by David McKee

Earlier this week, the Everett Planning Board unanimously assented to Wynn Everett‘s site plan. The Medford Patch described this vote as “the most critical local permit needed by Wynn.” The resort-to-be can start pulling building permits now, with the actual … Continue reading →

Posted in Atlantic City, Economy, Environment, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, PokerStars, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Tribal | 1 Comment

Crime and plentitude at G2E

Posted on September 30, 2015 by David McKee

Internet gambling having been temporarily moved to a back burner, thanks to Sheldon Adelson, the American Gaming Association has turned its attention at Global Gaming Expo to organized crime, which continues to be a shadowy partner to gambling, at least … Continue reading →

Posted in Atlantic City, Boyd Gaming, G2E, Genting, Geoff Freeman, Internet gambling, Macau, Maine, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Scientific Games, Sheldon Adelson, Technology, The Mob, The Strip, Tribal, Wall Street | Comments Off

Shocker from Sheldon; Massachusetts on horns of a dilemma

Posted on September 29, 2015 by David McKee

After a half-dozen years of banging its head on the door of the Florida Legislature, a frustrated Las Vegas Sands is calling it quits in the Sunshine State. Despite having poured millions of dollars into the Florida GOP and its … Continue reading →

Posted in Florida, Foxwoods, Georgia, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Tribal | 1 Comment

Big players accentuate the positive

Posted on September 29, 2015 by David McKee

Deutsche Bank analyst Carlo Santarelli has been a busy man these past few days, meeting with the top companies in gaming. In no special order … Boyd Gaming took the usual line on REIT conversion and acquisitions, basically saying, “If … Continue reading →

Posted in Ameristar, Boyd Gaming, Colorado, Downtown, Economy, Florida, GLPI, Illinois, International, Isle of Capri, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Penn National, Pinnacle Entertainment, Sports, Steve Wynn, Texas, The Strip, Tilman Fertitta, Wall Street | Comments Off

Boardwalk of Broken Dreams; Adelson strikes again

Posted on September 28, 2015 by David McKee

As Donald Trump continues to boast of his business expertise, the Boston Globe examines his less-than-stellar track record in Atlantic City, scene of four bankruptcies. (Five, if you count the current insolvency of Trump Entertainment Resorts, in which he holds … Continue reading →

Posted in Atlantic City, Donald Trump, Election, Harrah's, history, International, Japan, MGM Mirage, Sheldon Adelson, The Strip, Transportation, Trump Entertainment Resorts, TV | Comments Off

Boston offers Wynn olive branch; MGM played for a sucker in Springfield?

Posted on September 25, 2015 by David McKee

Could the war of words between Steve Wynn and Boston Mayor Martin “McCheese” Walsh soon be coming to an end? Wynn, who last month declared himself finished with an “obviously irresponsible” Walsh, had a phone chat with McCheese to discuss … Continue reading →

Posted in Election, Foxwoods, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Steve Wynn, Taxes, The Strip, Transportation | Comments Off

The HOTO has landed

Posted on September 25, 2015 by David McKee

Tatsuo Miyajima‘s Hoto has arrived at Crystals for an open-ended engagement and we have to say it does wonders for that often sterile and forbidding space. The 9/11-inspired sculpture is covered in LED number sequences that are meant to represent … Continue reading →

Posted in CityCenter, Entertainment, Japan, MGM Mirage, The Strip | Comments Off

Caesars on the brink; MGM gives Massachusetts a surprise

Posted on September 24, 2015 by David McKee

For want of $2 billion from Caesars Entertainment Operating Co., creditors are withholding their support for the reorganization scheme CEOC intended to present in bankruptcy court. A last-minute solution seems unlikely, if only because junior bondholders like Appaloosa Management and Tennenbaum Capital … Continue reading →

Posted in Architecture, Derek Stevens, Downtown, Harrah's, Massachusetts, MGM Mirage, Neil Bluhm, Ohio, Penn National, Regulation, Scientific Games, Tribal, Wall Street | 1 Comment

China comes to Las Vegas’ rescue; MGM chock-full of cultural initiatives

Posted on September 18, 2015 by David McKee

High-speed rail to Las Vegas is “on” again, with China emerging as Sin City’s savior. The budget for the China Railway Group/XpressWest Enterprises joint venture hasn’t been disclosed but $100 million in startup capital has been committed to fund the … Continue reading →

Posted in California, CityCenter, history, Massachusetts, MGM Mirage, The Strip, Transportation | Comments Off

MGM lashes out; Doldrums in Louisiana

Posted on September 18, 2015 by David McKee

It took a while but MGM Resorts International is pushing back against Connecticut‘s attempts to build a satellite version of its tribal casinos, to interdict gamblers who might otherwise play at MGM Grand Springfield. Although he didn’t hint at litigation … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Columbia Sussex, Foxwoods, GLPI, Harrah's, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, Pinnacle Entertainment, Tilman Fertitta, Tropicana Entertainment | 2 Comments

Water, water everywhere at Revel

Posted on September 17, 2015 by David McKee

Glenn Straub has a new problem at Revel: water. Oh, he doesn’t lack for it. There’s standing water in Revel’s 47 stories of pipes. But what if cold temperatures come and Straub hasn’t gained control of ACR Energy Partners‘ heating … Continue reading →

Posted in Atlantic City, Boulder Strip, Donald Trump, Election, Florida, Glenn Straub, MGM Mirage, Regulation, Revel | Comments Off

A lesson from Ohio; Murren goes to Georgia; Big changes at Sands

Posted on September 16, 2015 by David McKee

Two years ago, Ohio was grappling with what J.P. Morgan analysts called “a sluggish ramp” for its casino industry. He may have been against casinos before he was for them but Gov. John Kasich‘s supersized version of predecessor Ted Strickland‘s … Continue reading →

Posted in CityCenter, Economy, Election, Foxwoods, Galaxy Entertainment, Geoff Freeman, Georgia, Harrah's, Horseracing, Isle of Capri, M Resort, Macau, Massachusetts, MGM Mirage, Midnight Jim Gibbons, Mohegan Sun, Ohio, Penn National, Politics, Problem gambling, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street | Comments Off

Trouble in Fantasyland

Posted on September 15, 2015 by David McKee

Daily fantasy sports leagues have gotten awfully brazen since pairing with major sports leagues, inundating TV airwaves with advertising, and this has gaming regulators in some states looking askance at DFS. The first shot across the bow came from Nevada, … Continue reading →

Posted in Boyd Gaming, Detroit, Kansas, MGM Mirage, PokerStars, Politics, Regulation, Sports, TV | 1 Comment

First the good news …

Posted on September 14, 2015 by David McKee

Internet gambling revenues were up 16% in Atlantic City last month, for a $12 million haul. Resorts Atlantic City didn’t get much of the action — 6% — but the other four online operators divvied it up pretty equitably. As … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Glenn Straub, Harrah's, history, Internet gambling, MGM Mirage, Mohegan Sun, Revel, Sports, Tilman Fertitta, Tribal, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off