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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,658 views
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Category Archives: Mohegan Sun
Mohegan Sun’s eastern inspiration; Bumper crop in Colorado
You’d never know Mohegan Sun has been experiencing financial difficulties on the home front to judge by the scale and expense of its South Korean partnership with Incheon International Airport Corp. The two sides have finalized conceptual plans for Inspire … Continue reading
Posted in Architecture, Colorado, Economy, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Regulation, South Korea, Steve Wynn, Wall Street
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Ruffin loses in Kansas; Expanded New Jersey gambling dissed
Three casino proposals were weighed in the balance and two were found wanting, as the Kansas State Lottery Gaming Facility Review Board sifted the pros and cons, ultimately settling on the lowest-budgeted of the contenders, Kansas Crossing. The project, named … Continue reading
Posted in Atlantic City, International, Kansas, Marketing, Massachusetts, Mohegan Sun, Phil Ruffin, Politics, Racinos, Tribal
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Kirk Kerkorian, 1917-2015
Here in Las Vegas, the impact of Kirk Kerkorian‘s death is still sinking in. A man known for self-effacing personal habits left the world as discreetly as he passed through it in his Ford Taurus, leaving accomplishments that far exceeded … Continue reading
Mixed news from Atlantic City; More silliness from Trump
Atlantic City continued its paradoxical ways last month. The market as a whole suffered another big decline, down 10%. However, for individual operators, May was mostly good, with a same-store gain of 4%. (To see the blended impact of Internet … Continue reading
Mohegans, Foxwoods get go-ahead; More trouble for Caesars
Driven by apocalyptic job-loss projections by Foxwoods Casino Resort and Mohegan Sun, the House of Representatives of Connecticut passed a casino bill to Gov. Dannel Malloy (D) for his signature. The bill doesn’t authorize a casino per se but rather … Continue reading
Posted in Atlantic City, Economy, Foxwoods, Glenn Straub, Harrah's, International, Internet gambling, Lake Tahoe, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Steve Wynn, Technology, The Strip, Trump Entertainment Resorts, Warner Gaming
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Atlantic City rings the cash register; Adelson loses (again)
Operating profits in Atlantic City don’t tell the whole story: The Showboat was notoriously in the black when Caesars Entertainment closed it but the company said it was running at a loss … thanks to interest payments with which CEO … Continue reading
Posted in Atlantic City, Boyd Gaming, Dennis Gomes, Economy, Genting, Harrah's, Macau, Melco Crown Entertainment, Mississippi, Mohegan Sun, Sheldon Adelson, Stanley Ho, Steve Wynn, Trump Entertainment Resorts
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Penn “upbeat” about future; Connecticut tribes closer to new casino
Penn National Gaming CEO Tim Wilmott recently broke bread with J.P. Morgan analyst Joseph Greff, who found Penn management “positive and primarily focused on PENN’s robust development pipeline,” which it thinks will produce improved cash flow even before the Tropicana … Continue reading
Posted in Alex Yemenidjian, California, Florida, Foxwoods, Hard Rock International, Harrah's, Massachusetts, Mohegan Sun, Penn National, Racinos, Rhode Island, Station Casinos, The Strip, Tribal, Wall Street
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April is the cruelest month for Atlantic City
Not only did players put dramatically less money onto the tables and into the slots but Atlantic City casinos had a run of bad luck last month. All of these factors contributed to a 17% decline. When the four closed … Continue reading
Indian givers on Capitol Hill; Revel powers up
Arizona‘s congressional delegation is willing to gamble $1 billion of your and my dollars to keep the Tohono O’odham Nation from having a casino. At the moment, Sen. John McCain (R) and his junior henchmen are plotting to stick their … Continue reading
Posted in Arizona, Atlantic City, Glenn Straub, Internet gambling, Mohegan Sun, Politics, Revel, Sheldon Adelson, Singapore, South Korea, Tribal
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Problems for the Pequots, Mohegans; Twin River looks north
A legislative attempt to add three Mashantucket Pequot/Mohegan tribal casinos in Connecticut is running into a buzz saw of legal problems … or at least questions. Since the casinos are gift-wrapped for the tribes in question, state Attorney General George … Continue reading
Posted in Architecture, Foxwoods, Harrah's, Macau, Massachusetts, Mohegan Sun, Penn National, Politics, Racinos, Rhode Island, South Korea
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Caesars’ ordeal drags on; Adelson wants more
Our long national nightmare — otherwise known as the Caesars Entertainment bankruptcy — will be with us a lot longer: six months, to be precise. Caesars has requested, and is expected to get, an extension until Nov. 15 to file … Continue reading
Posted in Atlantic City, Economy, Harrah's, Internet gambling, Macau, Massachusetts, Mohegan Sun, Penn National, Racinos, Regulation, Sheldon Adelson, Wall Street
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Trump blocks progress in Atlantic City; Legal trouble for Penn
Although they enjoyed a same-store increase of 1% last month, Atlantic City casinos pulled in 14% less than last year at this time, grossing $191 million (more than some entire Midwestern states, it should be noted). Twelve percent less coin-in … Continue reading
Posted in Atlantic City, Boyd Gaming, Glenn Straub, Harrah's, Internet gambling, Kansas, Massachusetts, MGM Mirage, Mohegan Sun, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts
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Pansy Ho on the campaign trail; Connecticut tribes optimistic
MGM China would probably prefer that its co-chairwoman, Pansy Ho, stay out of the headlines, considering the negative publicity she’s generated over the years. But she opened up to the media this week, specifically the newspaper of which she is … Continue reading
Posted in Downtown, Entertainment, Foxwoods, Hooters, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Movies, Palms, Pansy Ho, Pennsylvania, Regulation, The Strip, Tourism
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Good year for Atlantic City
Boardwalker boosters like Glenn Straub who says Atlantic City‘s still got plenty of life in it can point to today’s headlines: The city’s casinos increased their operating profit last year by 45%. Unless you count the defunct Revel (-$48.5 million) … Continue reading
Case Bets: Okada, Massachusetts, Connecticut, Ruffin
It’s been a good week for Kazuo Okada. The boss of Universal Entertainment Corp. announced that investigations of him in Japan and the Philippines had closed and given him a clean bill of health. The probes were set off by … Continue reading
Posted in Foxwoods, Japan, Kansas, Kazuo Okada, Massachusetts, Mississippi, Mohegan Sun, Phil Ruffin, Philippines, Regulation, Steve Wynn, Tribal
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Honeymoon over in Atlantic City; Resistance in Connecticut
All the gains Atlantic City casinos had been making from the downsizing of the market came to an abrupt end last month. Gambling revenues dove 16% and same-store revenues fell 2% (yes, even the Borgata‘s). Luck simply was not on … Continue reading
The clock is running in Japan, Florida, Connecticut
Major casino companies are beginning to lose patience with Japan‘s impotent government and are casting their eyes toward South Korea. “This will take leadership. At some point someone is going to have to say ‘this is important to us, let’s push this … Continue reading
Posted in Florida, Foxwoods, Hard Rock International, International, Japan, Marketing, Massachusetts, MGM Mirage, Mohegan Sun, New York, Politics, Sheldon Adelson, The Strip
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Macao in freefall; A RAWA deal
Sheldon Adelson can call Macao‘s doldrums “cyclical” until he’s blue in the face but there’s no mistaking that the gambling enclave is having serious problems. Actually, that’s a bit of an understatement when February revenue falls 49%. VIP play is … Continue reading
Posted in Economy, Internet gambling, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Wall Street
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Then there was Resorts …
By tomorrow afternoon, there will be a new player in New Jersey‘s online-gaming industry: Resorts Atlantic City. The casino’s Internet-play site will go online in a limited fashion, gradually ramping up to full capacity over the ensuing week. Resorts execs … Continue reading
Posted in Atlantic City, Dennis Gomes, Florida, Internet gambling, Isle of Capri, Mohegan Sun, Oklahoma, Regulation, Tribal, Trump Entertainment Resorts
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Whither Bally’s?; Boffo January for Atlantic City
From publicly mulling a Horseshoe rebranding to talk of a new hotel tower, Caesars Entertainment has never seemed to know quite what to do with Bally’s Las Vegas, white elephant of its parade of Strip casinos. The Las Vegas Weekly‘s … Continue reading
Posted in Atlantic City, Boyd Gaming, Economy, Entertainment, Harrah's, Internet gambling, Marketing, MGM Mirage, Mohegan Sun, Taxes, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts
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