Category Archives: Mohegan Sun

MGM prevails, Wynn slowed in Massachusetts

Posted on May 13, 2016 by David McKee

Bowing to the inevitable, the Massachusetts Gaming Commission ratified MGM Resorts International‘s redesign of MGM Springfield, on which the casino company is already hard at work. What was the MGC to do? Tell MGM to go back to Square One? … Continue reading →

Posted in Architecture, Environment, International, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Politics, Regulation, Steve Wynn, Transportation, Tribal | Comments Off

Poker Stars changes Atlantic City landscape; MGM budges (slightly) on parking fees

Posted on May 12, 2016 by David McKee

An extra month helped Atlantic City post a banner April, up 6%. Citywide, 5% higher slot handle produced a corresponding increase in revenue, while 4.5% table-game wagering translated into 10% more winnings for the house. Borgata ($56 million) was up … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Golden Gaming, Harrah's, International, Internet gambling, Iowa, Isle of Capri, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, PokerStars, Racinos, Sports, The Strip, Tropicana Entertainment, Warner Gaming | Comments Off

Dicey casino drive calls it quits; Steve Wynn’s newest mousetrap

Posted on May 2, 2016 by David McKee

Casino speculator Shawn Scott is skulking out of Maine, his attorney having withdrawn an appeal of Superior Court Justice Michaela Murphy’s ruling on the (in)validity of petitions filed by Scott and his sister Lisa, who was bankrolling the referendum drive. … Continue reading →

Posted in California, Economy, Election, Encore, Entertainment, Kansas, Law enforcement, Louisiana, Macau, Maine, Massachusetts, Mohegan Sun, Sports, Steve Wynn, Tribal | Comments Off

Macao junketeers left holding the bag; Lionel Richie wows the ladies

Posted on April 28, 2016 by David McKee

We could see another shakeout in Macao junket operators. According to Daiwa Securities Group, most of the industry is “struggling just to break even.” Part of that problem is that they’re carrying almost $3,9 billion in bad debt — and you … Continue reading →

Posted in Australia, Economy, Entertainment, Foxwoods, International, Macau, Marketing, Melco Crown Entertainment, Mohegan Sun, Penn National, Planet Hollywood, Regulation, Sheldon Adelson, South Dakota, Sports, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Comments Off

Reversal in Jersey City; Tables buoy Pennsylvania grosses

Posted on April 19, 2016 by David McKee

Shoe mogul Paul Fireman‘s plan to build a $4.6 billion megaresort in Jersey City is losing the support of Mayor Steve Fulop (D). New Jersey State Building & Construction Trades Council President William T. Mullen was sent into a howl of … Continue reading →

Posted in Atlantic City, California, GLPI, Greenwood Racing, Harrah's, Isle of Capri, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, Taxes | Comments Off

Internet gaming backstops Atlantic City; Swordplay in Vegas

Posted on April 13, 2016 by David McKee

Traditional casino revenue fell 2% last month in Atlantic City but online winning were up 18%. The entry of PokerStars wasn’t immediately felt, as Resorts Digital‘s market share stood at 12%. behind Borgata ($4 million, 28%), Caesars Interactive (20%), Golden … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Glenn Straub, Harrah's, history, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Reno, Revel, Riviera, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment | Comments Off

Good year for Atlantic City; Sands slapped with fine

Posted on April 12, 2016 by David McKee

Free market forces did what governmental intervention and flashy marketing campaigns could not: They steadied Atlantic City‘s casino economy. With the dead weight of four casinos — Revel, Showboat, Atlantic Club and Trump Plaza — jettisoned, profits not only steadied, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Dining, Economy, Environment, Harrah's, Internet gambling, Macau, Mississippi, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Sports, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off

Complications at the Riviera; PokerStars a hit in New Jersey

Posted on April 1, 2016 by David McKee

Implosion of the Riviera could occur as early as June, so doesn’t hesitate to have your picture taken in front of it. However, the timeline could be extended by a number of complications. Now that a demolition firm has been … Continue reading →

Posted in Atlantic City, Boyd Gaming, Internet gambling, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Oklahoma, Penn National, Regulation, Riviera, Steve Wynn, Technology, The Strip, Tribal | Comments Off

Perversity in Macao; MGM Springfield gets underway

Posted on March 29, 2016 by David McKee

In a seemingly perverse move, Macao Chief Executive Fernando Chui rejected a lifeline that the Beijing government was trying to throw to his city. The former had announced its intention to “optimize and adjust” the Individual Visit Scheme that brings … Continue reading →

Posted in Architecture, Economy, Florida, Foxwoods, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Taxes, Tourism, Tribal | 1 Comment

Ohio leads the Midwest; Boyd a good neighbor in Iowa

Posted on March 28, 2016 by David McKee

With gaming expansion off the table in all Midwestern states (other than a potential tribal casino in Indiana), Ohio has been making out like a bandit, its gaming revenues up 13% from last year, as the state’s industry is now … Continue reading →

Posted in Boyd Gaming, California, Charity, Economy, Florida, Foxwoods, Idaho, Iowa, Mohegan Sun, Neil Bluhm, New York, Ohio, Oklahoma, South Dakota, Tribal | 1 Comment

Kasich, gambling opponents clash; Boffo month for Pennsylvania

Posted on March 25, 2016 by David McKee

Ohio Gov. John Kasich (R) went 1-1 in legal challenges to his decision to widen the Buckeye State’s casino industry, including his permission of VLTs at the state’s racinos, a move that broke the Caesars Entertainment/Penn National Gaming duopoly on … Continue reading →

Posted in GLPI, Greenwood Racing, Harrah's, Isle of Capri, Mohegan Sun, Neil Bluhm, Ohio, Penn National, Pennsylvania, Problem gambling, Sheldon Adelson | Comments Off

Showdown on the Boardwalk; Lies, damned lies and poll numbers

Posted on March 24, 2016 by David McKee

It’s war to the knife and knife to the hilt between Carl Icahn and Unite-Here Local 54 President Robert McDevitt over the labor situation at Trump Taj Mahal. (For the record, Donald Trump is now affiliated with the casino in … Continue reading →

Posted in ACEP, Atlantic City, Boulder Strip, Carl Icahn, Colony Capital, Election, Harrah's, Internet gambling, Laughlin, LVCVA, Maryland, MGM Mirage, Mohegan Sun, Regulation, Revel, Sheldon Adelson, Sports, The Strip, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here | Comments Off

Adelson’s $10 billion bet; PokerStars comes to Atlantic City

Posted on March 22, 2016 by David McKee

Sheldon Adelson is desperate to get into South Korea. He doesn’t need to articulate it: Las Vegas Sands‘ actions say as much. The company has vowed to do “whatever it takes” to penetrate the market. “Anything” includes raising the prospective … Continue reading →

Posted in Atlantic City, Economy, Genting, Internet gambling, Japan, Macau, Mohegan Sun, PokerStars, Regulation, Sheldon Adelson, Singapore, South Korea, Tourism | Comments Off

Pinnacle/GLPI deal gets OK; Hard Rock courts Cypriots

Posted on March 16, 2016 by David McKee

Shareholders of Pinnacle Entertainment have voted to approve a deal whereby all but one of the company’s physical assets would be sold to real estate investment trust Gaming & Leisure Properties, while Pinnacle would continue to exist as a casino-management company. … Continue reading →

Posted in Eldorado Resorts, Foxwoods, GLPI, Hard Rock Hotel, Indiana, International, Lawrence Ho, Louisiana, Massachusetts, MGM Mirage, Mohegan Sun, Ohio, Penn National, Philippines, Pinnacle Entertainment, Racinos, Regulation, Reno, Tribal, Unite-Here, Wall Street, West Virginia | 1 Comment

Atlantic City has a big month

Posted on March 14, 2016 by David McKee

Reports of Atlantic City‘s demise have been greatly exaggerated. The city’s casinos posted a 13% revenue increase (over an admittedly weak February 2015) and Internet gambling revenue was up 42%, to $15 million. In the latter department, Borgata (29% of … Continue reading →

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

High-stakes headbutting in Hartford; Pennsylvania grapples with slot routes

Posted on March 11, 2016 by David McKee

All the key players in Connecticut finally butted heads in a showdown in Hartford yesterday. In one corner, you had the casino-ineligible Schaghticoke Tribal Nation. Behind it was its patron, MGM Resorts International, which has a $950 million investment in Springfield, … Continue reading →

Posted in Economy, Florida, Foxwoods, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Problem gambling, Seminole Tribe, Slot routes, Taxes, Tribal | Comments Off

Steve Wynn makes new friends; Freeman gets raked

Posted on March 9, 2016 by David McKee

Steve Wynn has found an unlikely ally in his fight against Somerville Mayor Joseph Curtatone: the Massachusetts environmental community. Activists joined politicians and developers at a media event headlined by Wynn Everett President Robert DeSalvio. Among the activities that have … Continue reading →

Posted in Environment, Foxwoods, Geoff Freeman, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Sheldon Adelson, Steve Wynn, Tribal | Comments Off

Nevada casinos wrangle with Buffett; Mashpee Wampanoag take the lead

Posted on March 8, 2016 by David McKee

We’ve written about the solar-panel installation atop Mandalay Bay‘s convention center and now the 20-acre array — soon to be the United States‘ largest — is making international headlines. The high priority on solar power at MGM Resorts International puts a … Continue reading →

Posted in Environment, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Sheldon Adelson, South Korea, Steve Wynn, Technology, The Strip, Tribal, Wall Street | Comments Off

Scientific’s surprising results; Gaming advancing in Georgia

Posted on February 26, 2016 by David McKee

An upturn in the replacement cycle (8,990 slots shipped) helped Scientific Games post a 10% revenue increase last quarter. A mix of impairment charges, writedowns and consolidation costs led the mega-supplier to a $128 million loss for the quarter, but … Continue reading →

Posted in Atlantic City, Economy, Georgia, Illinois, International, Internet gambling, Macau, Massachusetts, Mohegan Sun, PokerStars, Problem gambling, Scientific Games, Sheldon Adelson, Steve Wynn, Technology, Transportation, Wall Street | 1 Comment

Trump plotting Vegas comeback; Mohegan Sun gains Korean foothold

Posted on February 26, 2016 by David McKee

Even after his improbable spate of electoral successes, you have to wonder if Donald Trump is serious about running for president. His attention is already wandering to a market where the art of the deal has not panned out for … Continue reading →

Posted in Boulder Strip, Donald Trump, Downtown, Entertainment, Lake Tahoe, Laughlin, Mohegan Sun, North Las Vegas, Phil Ruffin, Reno, South Korea, The Strip, Wall Street | 1 Comment