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Category Archives: Mississippi
Does Gilbert know Jack?; Caesars’ big finish
Will a Horseshoe by any other name earn as much? We’re going to find out because Rock Gaming owner Dan Gilbert is going to rebrand his casinos under the Jack Entertainment banner, presumably a tip of the hat to … Continue reading
Posted in Atlantic City, Colorado, Dan Gilbert, Florida, Harrah's, Isle of Capri, Louisiana, Marketing, Maryland, Mississippi, Ohio, Penn National, Regulation, Technology, The Strip, Wall Street
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Scarlet Pearl a hit; Adelson plays for time
Gulf Coast casino revenues grew 15% last month, topping the $100 million mark for the first time in eight years. Newbie Scarlet Pearl Casino is getting the credit for growing the market in such a dramatic fashion. Despite a decline … Continue reading
Posted in Economy, Macau, Mississippi, New York, Sheldon Adelson, Taxes, Tribal
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Banner week for Wynn, Station; Life after Macao for MGM
Station Casinos closed out the year on a strong note, posting its 11th straight quarter of net revenue growth and 19th of improved cash flow. It marked blue-ribbon finish to a year that saw the highest revenues for the company … Continue reading
Posted in CityCenter, Detroit, Harrah's, Macau, MGM Mirage, Mississippi, Station Casinos, Steve Wynn, The Strip, Tourism, Transportation, Wall Street
3 Comments
DFS: Trouble in paradise; It’s not good to be Dan Gilbert
Besieged on all sides, daily fantasy sports operators find themselves in retreat. DraftKings said it “will voluntarily pause” its operations in Hawaii in response to a ruling by state Attorney General Doug Chin that DFS is gambling and therefore illegal … Continue reading
Posted in Eldorado Resorts, Florida, Hard Rock International, Harrah's, Hawaii, Indiana, Internet gambling, Mississippi, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation
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Gulfport: Not so fast; DFS winning in Florida
In one day, attorney Robert Lubin‘s plan for a new Gulfport, Mississippi, casino went from being the next big thing to “Yes, but …” Lubin, whose speciality is EB-5 visa financing, envisions a two-pronged project: a $140 million casino plus … Continue reading
Posted in Entertainment, Florida, Internet gambling, Mississippi, Oklahoma, Regulation, Seminole Tribe, Tribal
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Case Bets
Casinos: They’re not just for French resorts anymore. Marseille Mayor Jean-Claude Gaudin is plumping for a casino in his city, which is badly afflicted by poverty. He seems to be right on the curve, as far as a casino injection … Continue reading
Posted in Economy, International, Internet gambling, Isle of Capri, Mississippi, New York, Taxes, Tilman Fertitta, TV
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DFS attempts end run; Mississippi’s new showplace
Daily fantasy sports firms DraftKings and FanDuel took their case to New York State lawmakers yesterday, appearing at a hearing convened by a consortium of Assembly committees. The DFS providers said they’d accept regulation but stopped well short of outlining … Continue reading
Posted in Donald Trump, Entertainment, Internet gambling, Mississippi, New York, Politics, Regulation
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Caesars gets the boot; Impatience in New York
Lawyers for Caesars Entertainment will be burning a little extra midnight oil after they lost a case that will enable the National Retirement Fund to kick Caesars — its largest donor — out of the fund. That makes Caesars liable … Continue reading
Posted in California, Election, Foxwoods, Harrah's, history, Internet gambling, Mississippi, Mohegan Sun, New York, Pennsylvania, Regulation, Technology, Tribal
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Tohono O’odham win again; Union tackles REIT craze
Forces opposed to the Tohono O’odham Nation‘s attempts to build a casino (due to open Dec. 20) suffered yet another defeat — the 18th, by the tribe’s count — when the Ninth Circuit Court of Appeals tossed out a particularly … Continue reading
Posted in Ameristar, Arizona, GLPI, Indiana, Mississippi, Missouri, Penn National, Pinnacle Entertainment, Regulation, Tribal
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Regulating DFS; So long, Harrah’s Tunica
Although he doesn’t think state government ought to “impede one’s enjoyment of fantasy sports,” New Jersey state Sen. James Whelan (D, right) thinks it’s time for the Garden State to regulate daily fantasy sports. In a letter to the Division of … Continue reading
Posted in Arkansas, Atlantic City, Dining, Harrah's, Internet gambling, Mississippi, Oklahoma, Politics, Regulation, Sports, Tribal
1 Comment
MGM: The Murren roars
In one of the year’s least surprising surprises, MGM Resorts International announced that it is spinning 10 of its casinos off into a REIT and is in a hurry to do so, expecting the transaction to close in the first … Continue reading
Posted in CityCenter, Illinois, Macau, Maryland, Massachusetts, MGM Mirage, Mississippi, Station Casinos, Wall Street
1 Comment
Harrah’s auction scrapped; Airport casino nixed
Almost nobody wants the defunct remnants of Harrah’s Tunica Casino. Owner Caesars Entertainment has scratched a planned auction of the property because nobody except stalking horse TJM Properties has shown an interest in the building. TJM specializes in senior-living facilities. … Continue reading
Posted in Florida, Foxwoods, Harrah's, Marketing, Mississippi, Mohegan Sun, Politics, Scientific Games, Seminole Tribe, Taxes, Tribal
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Seminole resolution in sight?; Murren called on the carpet
Florida‘s Seminole Tribe is pursuing a two-track policy in the court of public opinion. On the one hand, it has announced “significant progress” in its talks with lawmakers and Gov. Rick Scott (R, left). On the other hand, it is … Continue reading
Posted in Florida, Massachusetts, MGM Mirage, Mississippi, Pennsylvania, Politics, Racinos, Seminole Tribe, Taxes, Transportation, Tribal
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Caesars: (Almost) everything must go; More angst in Macao
Well, it had to happen eventually. In order to escape bankruptcy, Caesars Entertainment is putting Caesars Entertainment Operating Co. on the market. There are some who are calling this a bluff and others who can’t afford to get in on … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Economy, GLPI, Harrah's, Illinois, Indiana, International, Iowa, Lake Tahoe, Lawrence Ho, Louisiana, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Philippines, Regulation, Reno, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Tribal, Wall Street
1 Comment
Japan: Keep moving, nothing to see here; Crisis at Studio City
Despite much chumming of the waters by Union Gaming Securities Asia‘s Grant Govertson, it’s the same old same-old in Japan, where casino legalization has been delayed yet again and probably should be under a news blackout until substantial progress is achieved. … Continue reading
Posted in Architecture, Election, Entertainment, Harrah's, International, Internet gambling, James Packer, Japan, Lawrence Ho, Macau, Melco Crown Entertainment, Mississippi, Pets, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tourism, Wall Street
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Bad week for DFS
“What it’s doing is calling fantasy sports what it is. Do you pay money to get into the contest, and do you get money back when you win? And if so, that’s gambling.” So says South Point attorney Barry Leibermann of … Continue reading
Posted in Atlantic City, California, Colorado, Delaware, Florida, Georgia, Illinois, Internet gambling, Kansas, Maryland, Massachusetts, Michael Gaughan, Mississippi, New York, Ohio, Politics, Technology
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James Packer thinks big; DFS’ self-inflicted wound
One scarcely thinks of Crown Resorts as anything but an upmarket brand. However, as it contemplates debuting in Las Vegas and pines after Japan, Crown is developing a new, luxury brand. The unlikely template will be a $1.1 billion, 90-story … Continue reading
Posted in Australia, California, Delaware, Illinois, James Packer, Japan, Macau, Mississippi, Ohio, Pennsylvania, Regulation, Sheldon Adelson, Sports, The Strip
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Fourth time the charm?; Paging Sheldon Adelson
Gaming-management company Foundation Gaming Group likes DiamondJacks Casino in Vicksburg, it’s buying the place outright — a change of style for Foundation, which prefers running casinos to owning them. There may be some nostalgia in the decision by Foundation COO … Continue reading
Wrist-slaps in New Jersey; China tries to sever chains
First, the good news. New Jersey‘s geolocation and age-verification technology is catching underage gamblers. The bad news is that wannabe adolescent Phil Iveys are getting onto casino Internet sites and wagering. So are self-excluded players. The New Jersey Division of Gaming … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, International, Internet gambling, Maryland, Mississippi, Mohegan Sun, Philippines, Regulation, Sheldon Adelson, South Korea, Tropicana Entertainment
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