Category Archives: Mohegan Sun

The case for cannibalization; Hard Rock buys Taj

Posted on March 2, 2017 by David McKee

There’s still a big budget shortfall in Pennsylvania and state Rep. Mike Sturla thinks he has at least part of the answer: slot routes. Casinos can be expected to decry this proposed solution and some already are. But for Sturla … Continue reading →

Posted in Atlantic City, Carl Icahn, Economy, Foxwoods, Geoff Freeman, Golden Gaming, Hard Rock International, Harry Reid, Illinois, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Revel, Slot routes, Sports, The Strip, Tribal, Tropicana Entertainment, West Virginia | Comments Off

Caesars’ highway robbery; Good news for problem gamblers

Posted on February 24, 2017 by David McKee

What do you do when you’ve just lost $435 million? Bust out a new round of resort fees, of course! That’s Caesars Entertainment‘s answer. Keeping up with the Joneses on the Las Vegas Strip, Caesars will implement two tiers of … Continue reading →

Posted in Foxwoods, Genting, Harrah's, Japan, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street | Comments Off

Smoke got in their eyes; Curious doings at Mohegan Sun

Posted on February 22, 2017 by David McKee

Macao Chief Executive Fernando Chui is denying that his government is abasing itself before casino operators even as his administration rolls out a new policy, proposed but not yet adopted, that would represent a total cave-in on Chui’s drive to … Continue reading →

Posted in Cretins, Environment, Idaho, Law enforcement, Macau, Mohegan Sun, Pennsylvania, Politics, Regulation, Technology, Tribal | Comments Off

Cool breeze in Singapore; Pennsylvania gets on the sports-betting bandwagon

Posted on February 17, 2017 by David McKee

It seems more unlikely than ever that Singapore will issue casino concessions after gaming revenues laid an egg in 1Q-3Q/16. For the full year, tourism to Singapore reached record heights, but receipts for “sightseeing, entertainment and gaming” dropped 16% in the … Continue reading →

Posted in Australia, Dining, Donald Trump, Foxwoods, Idaho, International, James Packer, Law enforcement, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Singapore, South Korea, Sports, The Crown 18, Tribal | Comments Off

Atlantic City warms up; Tribe puts faith in Trump

Posted on February 15, 2017 by David McKee

Judging by his apparent failure to build brand awareness of Ten, mogul Glenn Straub is going to have trouble cracking the Atlantic City nut. That’s fine by his rivals, who are all doing very well without him. Online gambling continues … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dan Gilbert, Detroit, Harrah's, Kansas, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, North Las Vegas, Pennsylvania, Politics, Racinos, Steve Wynn, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | Comments Off

Adelson out of stadium deal; Tepid December on Strip

Posted on January 31, 2017 by David McKee

It didn’t take long for Sandoval’s Folly, the mooted [your city here] Raiders stadium to blow up in the governor’s face. With characteristic irascibility, Las Vegas Sands CEO Sheldon Adelson withdrew from the project, taking his $650 million with him. … Continue reading →

Posted in Boulder Strip, Cordish Co., Cretins, Downtown, Economy, Foxwoods, GLPI, Harrah's, Horseracing, Japan, Laughlin, Maryland, MGM Mirage, Mohegan Sun, Nevada, North Las Vegas, Penn National, Politics, Regulation, Reno, Sheldon Adelson, Sports, The Strip, Tribal, Virginia, Wall Street, West Virginia | Comments Off

Crescendo of criticism in Connecticut; Adelson has solid 3Q17

Posted on January 27, 2017 by David McKee

“These legislators have it right, and they are proposing what Connecticut should have done from day one: put in place a process that is fair, open, transparent, reliable, and competitive,” said MGM Resorts International spokesman Alan Feldman, as opposition to … Continue reading →

Posted in California, Donald Trump, Election, Foxwoods, Macau, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, Politics, Sheldon Adelson, Singapore, The Strip, Tribal | Comments Off

Warm December in Atlantic City; Las Vegas stages comeback

Posted on January 13, 2017 by David McKee

Online gambling continues to be a hit with New Jersey players, up 31% to $18 million in December. Resorts Digital‘s market share has eked past Tropicana Entertainment‘s but Golden Nugget is far and away the leader, with 26%. Enjoy it … Continue reading →

Posted in Architecture, Atlantic City, Dan Gilbert, Detroit, Economy, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Revel, The Strip, Tourism, Tropicana Entertainment, Wall Street | Comments Off

Jesus scapegoated for December results; Changing of the guard in New Jersey

Posted on January 11, 2017 by David McKee

Deutsche Bank analyst Carlo Santarelli put in some quality time in Las Vegas recently and came away satisfied with the market, particularly MGM Resorts International, Station Casinos, Boyd Gaming and Penn National Gaming, although he had no new intel on … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Economy, Foxwoods, Georgia, Horseracing, Internet gambling, Lucky Dragon, MGM Mirage, Mohegan Sun, Penn National, Politics, Station Casinos, Tribal, Wall Street | Comments Off

Running the tables in Pennsylvania; MGM woos Georgia (again)

Posted on December 5, 2016 by David McKee

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 | Comments Off

Strip booms in October; Trouble in Tiverton

Posted on November 29, 2016 by David McKee

Not even a 16.5% decline in table wagers could hold back the Las Vegas Strip last month, as gaming revenues shot up 14%, to $563 million. Statewide, casinos didn’t do so badly either, up 11%. The one-armed bandits on the … Continue reading →

Posted in Boulder Strip, Downtown, Economy, Foxwoods, history, Iowa, Japan, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Massachusetts, Mesquite, Mohegan Sun, Nevada, North Las Vegas, Penn National, Rhode Island, Taxes, The Strip | 1 Comment

All right in Atlantic City; Trump: The Asia connection

Posted on November 28, 2016 by David McKee

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 →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Glenn Straub, Harrah's, International, Iowa, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Vietnam | 1 Comment

Atlantic City: Golden Nugget now tops; MGM’s holy rollers

Posted on November 16, 2016 by David McKee

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 | Comments Off

Trump, Adelson make a deal; Brazil moves toward casinos

Posted on November 14, 2016 by David McKee

Donald Trump may have sold his soul to the Las Vegas Review-Journal and cheaply at that. Pro-Trump Global Gaming Business is reporting that the mogul promised not to oppose Sheldon Adelson‘s anti-Internet gaming legislation if only the R-J would endorse … Continue reading →

Posted in Dining, Donald Trump, Election, Entertainment, International, Internet gambling, Macau, Mohegan Sun, Pennsylvania, Politics, Stanley Ho, Taxes, The Strip, Tourism | Comments Off

Mixed signals from Atlantic City

Posted on October 13, 2016 by David McKee

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 →

Posted in Atlantic City, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Revel, Tilman Fertitta, Tropicana Entertainment | 3 Comments

GameCo hearts the Boardwalk; Internet gambling fails in Pennsylvania

Posted on September 29, 2016 by David McKee

GameCo CEO Blaine Graboyes promised that his company’s first skill-based slots would be rolled out in Atlantic City … and he was as good as his word. While the eyes of the industry were on Las Vegas for Global Gaming … Continue reading →

Posted in Atlantic City, Downtown, Foxwoods, G2E, Harrah's, Internet gambling, Mohegan Sun, Nevada, New York, Pennsylvania, Politics, Regulation, Technology | Comments Off

Atlantic City saved

Posted on September 23, 2016 by David McKee

It’s all over. The fat lady hath sung. And Atlantic City lives to gamble another day. Discouraged by poll numbers that showed insurmountable support for the status quo in New Jersey, expansion PAC Our Turn NJ is closing up shop. That … Continue reading →

Posted in Atlantic City, Carl Icahn, Cordish Co., Election, Entertainment, Harrah's, Illinois, International, Maryland, MGM Mirage, Mohegan Sun, New York, Penn National, Politics, Rhode Island, Slot routes, South Korea, Transportation | 1 Comment

Eldorado captures Isle; Adelson thwarted; Perlman dies

Posted on September 19, 2016 by David McKee

Scratch one more casino company from the checkerboard. This morning it was announced that Eldorado Resorts was buying Isle of Capri Casinos (long mooted as a takeover target. Eldorado will pay $1.7 billion for Isle — or $23 a share … Continue reading →

Posted in Alabama, Atlantic City, Eldorado Resorts, Florida, Foxwoods, Geoff Freeman, Harrah's, history, Internet gambling, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Missouri, Mohegan Sun, Nevada, Ohio, Oklahoma, Pennsylvania, Politics, Reno, Sheldon Adelson, Taxes, The Mob, The Strip, Tribal, Vietnam, Wall Street | Comments Off

Atlantic City: Some win, most lose

Posted on September 14, 2016 by David McKee

Just when things were looking up, August casino revenues in Atlantic City fell 7%. Some consolation was to be derived from a 32% increase in Internet revenue, up to $16 million. Slot revenue of $167 million was down 5% on … Continue reading →

Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Tilman Fertitta, Tropicana Entertainment | Comments Off

Shady dealing in Massachusetts; Caesars mediation breaks down

Posted on September 12, 2016 by David McKee

Shadowy casino speculator Eugene McCain is trying to make his coveted Revere slot a fait accompli by having a special election held prior to November in which local voters would express their ‘yea’ or ‘nay’ before statewide voters weigh in … Continue reading →

Posted in Atlantic City, Election, Harrah's, International, Marketing, Massachusetts, Mohegan Sun, Philippines, Regulation, Technology, Tilman Fertitta, Tropicana Entertainment, Unite-Here | 2 Comments