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Category Archives: Pennsylvania
Gaming expansion in Garden State moving fast; Mashpee Wampanoags challenged
New Jersey lawmakers are wasting no time getting a casino-expansion question onto next year’s election ballot. Enabling legislation fairly shot out of committee in both houses of the Lege. The Assembly version would devote 33% of tax revenue from two gambling … Continue reading
Posted in Arizona, Atlantic City, Genting, Indiana, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Pennsylvania, Politics, Regulation, Taxes, Tribal
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GLPI gets a racino; Reckless casino rhetoric
After over a year of litigation, Gaming & Leisure Properties has come to terms with Cannery Casino Resorts over the sale of Meadows Racetrack, near Pittsburgh. (Next step for GLPI, find an operator. Penn National Gaming? Pinnacle Entertainment?) Considering that … Continue reading
Boston: Has Wynn finally won?; Massachusetts mulls i-poker
Boston Mayor Martin Walsh seems to have finally put his grandstanding aside and is making conciliatory noises about Wynn Resorts. Has the smackdown of his lawsuit against the Massachusetts Gaming Commission finally brought Walsh to his senses? Or is this … Continue reading
Posted in Dan Gilbert, Detroit, Donald Trump, Internet gambling, Massachusetts, MGM Mirage, Pennsylvania, Politics, Regulation, Steve Wynn, Transportation, Westgate LV
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Casinos progress in Georgia, New Jersey
Almost without overt human effort, the movement toward casino gambling in Georgia appears to be snowballing. Prime mover behind the low-key, but seemingly inevitable process is state Rep. Ron Stephens (R, left), whose bill would not only put two casinos … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, Cordish Co., Election, Georgia, Greenwood Racing, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Politics, Tribal
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Wynn’s big buy; DFS in retreat
Steve Wynn is $63,800,000 lighter in the wallet this morning, after purchasing one million shares of Wynn Resorts on the open market over the last three days. This brings his total stake in the company to slightly more than 11 … Continue reading
Posted in Internet gambling, Law enforcement, Macau, Pennsylvania, Politics, Racinos, Regulation, Steve Wynn, Warner Gaming
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Penn charms Wall Street
JP Morgan analyst Joseph Greff recently sat down with Penn National Gaming COO Jay Snowden and, of course, the big topic of conversation was Plainridge Park. Penn doesn’t see Wynn Everett — when it opens in 2018 — as a … Continue reading
Posted in California, Economy, Illinois, M Resort, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, Penn National, Pennsylvania, Racinos, Rhode Island, Slot routes, Sports, Steve Wynn, Taxes, The Strip, Tribal, West Virginia
1 Comment
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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Rick Scott screws the Seminoles; Internet gaming advances in Pennsylvania
By the this point in time it’s pretty clear that Florida Gov. Rick Scott (R) has been negotiating in bad faith with the Seminole Tribe. He’s had five years to come up with a new compact regarding the tribe’s blackjack … Continue reading
Posted in Florida, Internet gambling, Macau, Pennsylvania, Regulation, Seminole Tribe, Steve Wynn
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DFS: A patchwork of approaches
Although he’s been dissed by New Jersey Gov. Chris Christie (R) and the NCAA (because his bill would allow daily fantasy sports to include college athletes), state Sen. James Whelan (D, right) presses on in his attempt to regulate DFS … Continue reading
Posted in Atlantic City, Geoff Freeman, Harry Reid, Internet gambling, Marketing, Massachusetts, New York, Pennsylvania, Politics, Regulation, Sports
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The wacky world of Glenn Straub; New York rescuer for DFS
Instead of hassling Stockton University over ownership of the Showboat (and losing), perhaps Glenn Straub should have been developing a long-range plan for heating Revel through the winter, so that the pipes don’t freeze and burst. His solution? Bring in … Continue reading
The benefits of casino gambling make themselves felt
Minimum wages are a contentious issue on the campaign trail but a settled one at $450 million Stadium Casino. The in-progress Philadelphia gambling hall has committed to a $12/hour minimum wage for its construction and permanent personnel alike. That’s one … Continue reading
Posted in Atlantic City, Charity, Cordish Co., Economy, Greenwood Racing, Internet gambling, Pennsylvania, Rhode Island, Taxes, Technology, Trump Entertainment Resorts
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Big month for Maryland; Much ado about Dotty’s
Developers of MGM National Harbor have to like what they saw when Maryland busted out its October revenue numbers: 9% growth (to $95 million), with all five casinos in the plus column. Horseshoe Baltimore General Manager Chad Barnhill is defecting … Continue reading
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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Pennsylvania edges toward ‘Net bets; The forbidden dance
There’s nothing like a budget crisis and a partial government shutdown to focus lawmakers’ minds on gaming expansion. That’s the case in Pennsylvania, where House Majority Leader Dave Reed (R, right) says, “We need to come to a conclusion on liquor … Continue reading
Posted in Election, Idaho, Pennsylvania, Politics, Regulation, Sheldon Adelson, Taxes, Tribal
1 Comment
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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Station goes public; Florida compact near?
Having tried and failed to grow the company through an LBO, Station Casinos is returning to the public markets again, citing “favorable economic and market fundamentals” in support of an IPO. An executive shakeup that included the promotion of Rich Haskins … Continue reading
Posted in Atlantic City, Boyd Gaming, Economy, Florida, Fontainebleau, Horseracing, Internet gambling, New York, Pennsylvania, Politics, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Station Casinos, Steve Wynn, Wall Street
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Mad slot skillz; Tribes at war with one another
Skill-based slot games are a long way from deployment but that didn’t discourage The Motley Fool‘s Jeff Hwang from scouting the Global Gaming Expo show floor in search of entertaining product. The games he saw the greatest potential in were … Continue reading
Posted in California, Economy, G2E, IGT, Internet gambling, MGM Mirage, Pennsylvania, Scientific Games, Technology, Tribal
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Doubling down on Philadelphia; Baltimore throws a Horseshoe
Cordish Gaming got the go-ahead to start building its Packer Avenue casino in Philadelphia. The news came on the same as a bulletin that should give Cordish pause, with SugarHouse casino reporting a 4% drop in slot revenues. Given the … Continue reading
Posted in Cordish Co., Foxwoods, Greenwood Racing, Harrah's, Maryland, Mohegan Sun, Neil Bluhm, Pennsylvania, Tribal
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Quote of the Day
“Suffice it to say, the money was not going to college tuition.” — Virginia Commonwealth University professor Jay S. Albanese on the revelation that illegal gambling monies are flowing to biker gangs, drug dealers, and New York and Philadelphia branches … Continue reading
Posted in G2E, New York, Pennsylvania, The Mob
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Potential free-for-all in Massachusetts; Tribal triumph in Alabama
Massachusetts Attorney General Maura Healey took time out from impeding Steve Wynn‘s Everett casino to run a cart and horses through the Legislature’s carefully crafted three-casinos-and-one-slot-parlor formula. She approved a ballot question that seemed tailor-made to give Suffolk Downs racino status, … Continue reading
Posted in Alabama, Atlantic City, Delaware, Election, Harrah's, Internet gambling, Massachusetts, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Technology, Tribal
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