Category Archives: MGM Resorts International

Hatch slammed by AGA; Drinking the Kool-Aid

Posted on August 27, 2018 by David McKee

Orrin Hatch (R) is on his way out of the U.S. Senate but not without being a buttinski along the way. His last legislative initiative, it appears, will be to push for federal regulation of sports betting. His concern is … Continue reading →

Posted in AGA, Atlantic City, Bruce Deifik, Economy, MGM Resorts International, Nevada, Politics, Sports betting | 1 Comment

MGM Springfield impresses; The case of the disappearing chairman

Posted on August 27, 2018 by David McKee

It seems Springfield has a tornado to thank for MGM Resorts International‘s interest in the city, the beginning of a seven-year quest that climaxed with the Budweiser Clydesdales leading a parade to the new megaresort. CEO Jim Murren was window-shopping … Continue reading →

Posted in Atlantic City, Dining, Election, history, International, Marketing, Maryland, Massachusetts, MGM Resorts International, Nevada, Penn National, Philippines, Station Casinos | Comments Off

MGM Springfield opens

Posted on August 24, 2018 by David McKee

Several years and $960 million later, it’s finally opening day for MGM Springfield. Here’s the 411 on what it offers, along with copious traffic directions — access is clearly the front-of-mind concern as gaming madness comes to Springfield. Amidst all … Continue reading →

Posted in Architecture, Current, Dining, Genting, history, Massachusetts, MGM Resorts International, New York, Wynn Resorts | 2 Comments

Election special

Posted on August 23, 2018 by David McKee

A constitutional amendment to disempower Florida‘s Legislature from handling gambling expansion and put it solely to matters of popular vote was on the topics debated by Democratic candidates jockeying to replace outgoing Gov. Rick Scott (R). Their Republican counterparts did … Continue reading →

Posted in Arkansas, Election, Florida, G2E, Illinois, MGM Resorts International, Politics, Seminole Tribe, Sheldon Adelson, Sports, Wisconsin | Comments Off

Japan fever; A Rose by any other computer program

Posted on August 22, 2018 by David McKee

“I want to properly nurture the tourism industry in Osaka as one of its pillars,” says Gov. Ichiro Matsui of the prefecture. To that end, Yumeshima island has been set aside for a prospective casino resort. And Las Vegas and Macao … Continue reading →

Posted in Caesars Entertainment, Cosmopolitan, Entertainment, Galaxy Entertainment, Genting, Japan, Las Vegas Sands, Melco Resorts & Entertainment, MGM Resorts International, Regulation, Technology, The Strip | Comments Off

Horseplay in Nebraska; High art in Springfield

Posted on August 21, 2018 by David McKee

It’s early days for the 2020 election but the Ho-Chunk Nation is partnering with The Nebraska Horsemen’s Benevolent & Protective Association on a petition drive to get racinos onto that election-year ballot. As many as six tracks could be affected. One of the, … Continue reading →

Posted in Atlantic City, Election, Horseracing, Internet gambling, Massachusetts, MGM Resorts International, Nebraska, Ohio, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports betting, Tribal, West Virginia | Comments Off

“A quarter to forget”

Posted on August 21, 2018 by David McKee

That’s what JP Morgan analyst Joseph Greff had to say about 2Q18, adding, “The 2Q18 earnings reporting period in late July/early August was one of the worst in recent memory for U.S. Gaming as stocks with strong earnings/outlooks saw modest … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Economy, Eldorado Resorts, Environment, MGM Resorts International, Mississippi, Nevada, Penn National, Sports, Sports betting, Station Casinos, Tribal, Wall Street, West Virginia, Wisconsin | Comments Off

Infamy on the Strip; Baton Rouge obliterated

Posted on August 20, 2018 by David McKee

“Mandalay Bay” is becoming a two-word synonym for infamy. Hotels’ Daily News Service recently bannered a set of dispatches with “What Security Looks Like in post-Mandalay Bay world.” (Subscription required.) As for what Las Vegas looks like in same, well, Lego … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Economy, Eldorado Resorts, GLPI, Isle of Capri, Las Vegas Sands, Louisiana, Mandalay Bay Massacre, MGM Resorts International, Penn National, Pinnacle Entertainment, Resort fees, Tilman Fertitta, Tourism, Wall Street, Wynn Resorts | Comments Off

Good/bad news for Atlantic City; Pennsylvania just bad

Posted on August 15, 2018 by David McKee

On the face of it, the news from Atlantic City is good: Gambling revenues were up 10% last month. But the same-store comparison (i.e., minus Hard Rock Atlantic City and Ocean Resort) has the city down 9.5%. The haul was … Continue reading →

Posted in Atlantic City, Bruce Deifik, Caesars Entertainment, Dan Gilbert, Detroit, Eldorado Resorts, Greenwood Racing, Hard Rock International, Internet gambling, Las Vegas Sands, Massachusetts, MGM Resorts International, Mohegan Sun, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Rush Street Gaming, Sports betting, Tilman Fertitta, Tropicana Entertainment, Wall Street | 1 Comment

Casino revenues surge (almost) everywhere

Posted on August 8, 2018 by David McKee

Maryland casino business continues to boom, up 5.5% last month. MGM National Harbor led the pack with $58 million. It will, however, be a source of dismay to ownership that play continues to trend toward highly taxed (60%) slots and … Continue reading →

Posted in Caesars Entertainment, Churchill Downs, Cordish Co., Dan Gilbert, Eldorado Resorts, Galaxy Entertainment, Golden Gaming, Las Vegas Sands, Lawrence Ho, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, West Virginia, Wynn Resorts | Comments Off

Illinois takes a dive; Okada gets nabbed

Posted on August 7, 2018 by David McKee

Illinois casinos had been bumping along nicely in the Trump economy until they hit a plain old speed bump last month, with revenues down almost 4%, on a gross of $119 million, $39 million of which was generated by Rivers … Continue reading →

Posted in Atlantic City, Australia, Boyd Gaming, Caesars Entertainment, Crown Resorts, Economy, GLPI, Illinois, Kazuo Okada, Law enforcement, Massachusetts, MGM Resorts International, Penn National, Regulation, Rush Street Gaming, Scientific Games, Slot routes, Sports betting, Technology, Wall Street, Wendover, Wynn Resorts | Comments Off

It’s Elaine’s company now; A legend passes

Posted on August 6, 2018 by David McKee

In a sudden and wholly unexpected development, Wynn Resorts has appointed Phil Satre to the board of directors as vice chairman. Since D. Boone Wayson is stepping down as chairman of the board at year’s end there’s every reason to … Continue reading →

Posted in Dining, Elaine Wynn, MGM Resorts International, Wall Street, Wynn Resorts | Comments Off

MGM gets panned; Eldorado reaps laurels

Posted on August 3, 2018 by David McKee

First, the good news. Park MGM generated $9 million across the last three quarters, which is pretty good when you consider that it’s essentially a construction site. JP Morgan analyst Joseph Greff opines that this partly makes up for “weak” … Continue reading →

Posted in Eldorado Resorts, Florida, Illinois, Japan, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Ohio, Racinos, Reno, Scientific Games, Sports betting, The Strip, Tropicana Entertainment, Wall Street | Comments Off

Caesars excels, MGM disappoints; So long, Paradise Park

Posted on August 2, 2018 by David McKee

You know how I thought May’s visitation numbers representing Las Vegas finally finding bottom in a visitation decline? Never mind. June was down 1%, mainly driven (pardon the pun) by fewer drive-in visits from California. Fortuitously for the casinos, luck … Continue reading →

Posted in Atlantic City, Caesars Entertainment, California, Detroit, Economy, Las Vegas Sands, Macau, Mandalay Bay Massacre, Maryland, Massachusetts, Melco Crown Entertainment, MGM Resorts International, Sports, Sports betting, The Strip, Tourism, Wendover, Wynn Resorts | Comments Off

Murren steps in it (again); More casinos join sports-betting arms race

Posted on August 1, 2018 by David McKee

MGM Resorts International has decided that it made a faux pas … not by suing victims of the Mandalay Bay Massacre but by not explaining to employees what it was doing, leaving them open, says CEO Jim Murren, to “media … Continue reading →

Posted in Atlantic City, Caesars Entertainment, e-sports, International, Lawrence Ho, Macau, Mandalay Bay Massacre, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Sports betting | Comments Off

NBA picks MGM; Station impresses Wall Street

Posted on August 1, 2018 by David McKee

In what is a first of its kind, an American sporting league has an “official gaming partner.” The NBA has tapped MGM Resorts International to be the casino face of the league. This would mean, according to Bloomberg, “MGM will … Continue reading →

Posted in Boyd Gaming, Economy, GLPI, Internet gambling, Marketing, MGM Resorts International, Palms, Sports, Sports betting, Station Casinos, Wall Street | Comments Off

MGM, Boyd make sports-betting pact; Win-win for Dover Downs

Posted on July 31, 2018 by David McKee

“We are in an envious position when it comes to this growth opportunity. Few companies can match our 40 plus years of experience in sports wagering, our significant sports betting infrastructure here in Nevada and our growing geographical footprint across … Continue reading →

Posted in Arkansas, Colorado, Delaware, Election, Greenwood Racing, Illinois, Indiana, Internet gambling, Iowa, Kansas, Louisiana, Massachusetts, MGM Resorts International, Mississippi, Missouri, Neil Bluhm, Ohio, Pennsylvania, Racinos, Regulation, Rhode Island, Sports betting, Taxes, Tribal, Wall Street | 1 Comment

Japan: Vegas meets the Yakuza

Posted on July 31, 2018 by David McKee

“Everybody says we have the leading position to win a Japanese gaming license because of my background,” remarked Sheldon Adelson modestly when casinos were voted in by the Diet. Over at MGM Resorts International, CEO Jim Murren played the social-responsibility … Continue reading →

Posted in Atlantic City, Baseball, Caesars Entertainment, Genting, Hard Rock International, Japan, MGM Resorts International, Regulation, Sheldon Adelson, Sports, Sports betting, The Mob, Tourism, Wynn Resorts | Comments Off

MGM lauds Springfield as Mandalay Bay woes increase

Posted on July 25, 2018 by David McKee

MGM Resorts International is targeting Hartford (and five other media markets) with its initial TV spot for MGM Springfield, whose opening is now less than a month away. The ad, which you can see for yourself, has shoutouts to virtually … Continue reading →

Posted in Cirque du Soleil, Elaine Wynn, Environment, Law enforcement, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Resorts International, New York, Penn National, Pennsylvania, Regulation, Reno, Rhode Island, Sexual misconduct, Sports betting, Taxes, TV, Wynn Resorts | Comments Off

MGM lawsuit shaky; Sports betting slow to gain traction

Posted on July 24, 2018 by David McKee

If MGM Resorts International thinks its federal lawsuit against victims of the Mandalay Bay Massacre will be a speedy way of disposing of all pending cases, it may be in for a rude surprise. Legal experts say the matter could … Continue reading →

Posted in Japan, Law enforcement, Macau, Mandalay Bay Massacre, MGM Resorts International, Mississippi, Ohio, Regulation, Sports, Sports betting | Comments Off