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Category Archives: Nevada
Snakes in a casino & other Case Bets
Well, I’m never setting foot in Binion’s Gambling Hall again. A butt-ugly (but evidently non-poisonous) snake got in and made itself comfy in the roulette wheel. Security merely escorted the reptile inside, so there’s no telling whether there will be … Continue reading
Posted in Animals, Caesars Entertainment, Charity, Derek Stevens, Downtown, Economy, Environment, Marketing, MGM Resorts International, Missouri, Nevada, Problem gambling, Real Estate, Technology, Transportation
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Nevada: Strip weak, locals strong; Busing it to Macao
Las Vegas Strip gambling revenues were down 4% last month to $552 million. Some of that is attributable to an impossible baccarat comparison. In March 2018, baccarat win was up 118%. Last month it was down 56% on 43% less … Continue reading
Posted in Animals, Architecture, Arkansas, Australia, Boulder Strip, Downtown, Lake Tahoe, Laughlin, Lotteries, Macau, Mesquite, Nevada, New Mexico, North Las Vegas, Reno, South Korea, Sports betting, The Strip, Tourism, Transportation, Tribal
1 Comment
Nevada’s #1, not in a good way
WalletHub has been crunching the numbers again and come to the conclusion that Nevada is America‘s most-gaming addicted state. (Utah is the least, while the Silver State is followed by South Dakota, Montana, Mississippi and Oregon.) Casino-rich Florida was an incredibly … Continue reading
Posted in Australia, Connecticut, Crown Resorts, Delaware, Florida, Hawaii, Illinois, International, Kansas, Kentucky, Macau, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Jersey, New Mexico, New York, Oklahoma, Pennsylvania, Problem gambling, Rhode Island, Slot routes, South Dakota, Virginia, Washington State, West Virginia
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Not his first Rodio; Less Intrigue at Wynn
Just as the clock was running out for Caesars Entertainment to name a new CEO, Carl Icahn‘s preferred candidate, Anthony Rodio, came across the transom, fresh from Affinity Gaming. Or so the Wall Street Journal says and the WSJ is … Continue reading
Posted in Affinity Gaming, Atlantic City, Caesars Entertainment, Carl Icahn, Entertainment, Environment, Marijuana, Nevada, Sports, Taxes, The Strip, Tropicana Entertainment, Wynn Resorts
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Free-market forces in Atlantic City; Wire Act flip-flop
As one might anticipate in a highly competitive free market, the upsized Atlantic City casino industry saw 15% less cash flow last year. This is only to be expected with the addition of Hard Rock Atlantic City and Ocean Resort. Far … Continue reading
Wynn: Massagegate
” … in dealing with these [Wynn Resorts] folks, you take a bite of sirloin, you take another bite, it’s still sirloin. It doesn’t vary.” — former Massachusetts governor William Weld. In the run-up (more like amble-up) to last week’s … Continue reading
Posted in Donald Trump, Elaine Wynn, Kazuo Okada, Massachusetts, Nevada, Regulation, Sexual misconduct, Steve Wynn, Wynn Resorts
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Baccarat undercuts the Strip; Japan shows its hand
Is our trade war with China inflicting collateral damage on the Las Vegas Strip? That’s one theory for anemic Chinese New Year visitation that led to a 2% downturn in gaming receipts last month. By contrast, last year saw an … Continue reading
Posted in Boulder Strip, Downtown, Economy, Internet gambling, Japan, Lake Tahoe, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Philippines, Problem gambling, Regulation, Reno, Taxes, The Strip, Wendover
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Blackout at Boyd; Virginia ponies propped up
Boyd Gaming appears to have stepped in it, big time, according to former Ameristar St. Charles sales director Kim Carpenter. She’s suing the casino over her dismissal, which she alleges followed her complaints about sexual discrimination and retaliation. After booking a … Continue reading
Heavy action prophesied for March Madness; Death at Bellagio
“Unlike any other sporting event in the country, March Madness attracts millions who fill out brackets, make casual bets with friends or wager at a legal sports book, which Americans can now do more than ever before.” With those words … Continue reading
Gaming speaks: Penn, Boyd, Eldorado, Churchill Downs
One of the few CEOs to grace JP Morgan‘s hotel-and-leisure forum was Penn National Gaming‘s Tim Wilmot. He reported that the “regional consumer remains solid and trends are largely consistent with that seen 2018.” Furthermore, Penn is “seeing good growth … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Economy, Eldorado Resorts, Horseracing, Illinois, Japan, Kentucky, Marketing, Nevada, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Reno, Sports betting, The Strip, Tropicana Entertainment, Wall Street
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The Plague of Human Trafficking in Las Vegas
by Jessica Kane, special correspondent to Stiffs & Georges Sex trafficking is an alarming, widespread problem across the United States. Sex trafficking has become a particularly pervasive problem in Las Vegas. Due to the growth of human trafficking in recent … Continue reading
Posted in Law enforcement, Nevada, Sexual misconduct
2 Comments
Controversy embroils Wynn in Massachusetts
Sheldon Adelson‘s old sparring partner, Judge Elizabeth Gonzalez, was ruling on a Steve Wynn lawsuit last week, dismissing litigation against the Massachusetts Gaming Commission in light of the latter’s abject subjugation, er, settlement with Wynn. “The commission executed this action … Continue reading
Posted in Architecture, CityCenter, Florida, Hard Rock International, Horseracing, Majestic Star, Massachusetts, MGM Resorts International, Minnesota, Mississippi, Nevada, Problem gambling, Regulation, Sports betting, Steve Wynn, Tribal, Wynn Resorts
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Bowing to Wynn; Mixed views on Las Vegas
Today the Massachusetts Gaming Commission meets to finalize its disgraceful prostration, er, litigation settlement with Steve Wynn and presumably to lay the groundwork for levying some manner of fine on Wynn Resorts now that Nevada has set a $20 million … Continue reading
Posted in Boulder Strip, Caesars Entertainment, California, Carl Icahn, Donald Trump, Economy, Environment, Lake Tahoe, Las Vegas Raiders, Laughlin, Massachusetts, Mesquite, Nevada, North Las Vegas, Phil Ruffin, Regulation, Reno, Sexual misconduct, Sports, Steve Wynn, The Strip, Wendover, Wynn Resorts
1 Comment
Danger, Will Robinson!
At a time when states are suing the Trump administration to preserve their online lotteries, a Florida legislator is moving in the opposite direction. State Rep. Will Robinson has introduced a bill that would permit only in-person sales of Florida … Continue reading
Posted in California, Florida, Internet gambling, Nevada, New Hampshire, New Mexico, Politics, Problem gambling, Regulation, Texas
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Going green
by Jessica Kane, Special correspondent If you are a resident of Las Vegas, you may be considering a ‘green’ burial following your death. With that in mind, you may have an array of questions about the possibility for a green … Continue reading
Posted in California, Environment, Nevada
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New name, new push for Foxwoods/Mohegan casino; Nevada casinos robust
Tribal Winds. That’s what Mohegan Sun and Foxwoods Resort Casino are going to call their joint venture in East Windsor, Connecticut. The duo has already spent $14 million on the $300 million project. Both of the tribes involved are not … Continue reading
Posted in Connecticut, Economy, Foxwoods, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, Politics, Sports betting, The Strip, Tourism, Tribal, Wendover
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Vegas: Locals outperform the Strip; Sisolak nuked
Nevada gaming revenue was up 4% last month, just a few hundred thousand shy of an even billion dollars, even though the Las Vegas Strip was relatively stagnant. Strong baccarat win by the house (jumping 14.5%) was offset by 3% … Continue reading
Posted in AGA, Aristocrat, Boulder Strip, Donald Trump, Downtown, Environment, IGT, Lake Tahoe, Laughlin, Mesquite, Nevada, Regulation, Reno, Scientific Games, South Carolina, Sports, Sports betting, The Strip, Wall Street
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Adelson sparks firestorm
When Bill Miller was appointed CEO of the American Gaming Association, we speculated that his relationship with Sheldon Adelson would be “less strained” than that of predecessor Geoff Freeman. Indeed, that already seems to be the case. It would account … Continue reading
Posted in AGA, Carl Icahn, Churchill Downs, Delaware, DFS, Eldorado Resorts, Florida, Geoff Freeman, Illinois, Internet gambling, Massachusetts, MGM Resorts International, Nevada, New Jersey, New York, Politics, Racinos, Regulation, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Tropicana Entertainment, Wall Street, William Hill, Wynn Resorts
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Re-reversing the Wire Act: What it means
Last weekend’s flip-flop by the Justice Department‘s stance on the Federal Wire Act has spurred a fair amount of chin scratching in the gaming industry. Global Market Advisors notes the immediate implication: “The action, which at best can be described as … Continue reading
Posted in Delaware, DFS, Illinois, Nevada, New Jersey, New York, Pennsylvania, Politics, Sheldon Adelson, Taxes, Wall Street
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Clouded future for Ocean; Wynn keeps fighting
While the mainstream media has gone quiet over the sudden change of ownership at Ocean Resort, Global Gaming Business is reporting that lead owner Bruce Deifik didn’t leave voluntarily but was kicked out by other investors. Luxor Capital Group supposedly … Continue reading
