Category Archives: Pennsylvania

Barden: The comedy continues

Financing for Don Barden‘s stalled Pittsburgh casino remains, as ever, two weeks away. Barden’s people say they’ll have it by mid-July (conveniently, after the next meeting of Pennsylvania’s gaming commission), they’re “continuing to close” with Credit Suisse, and contractors are … Continue reading

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Good news for the Boardwalk

May 2008 was only the fourth-best May in Atlantic City’s 30-year history of casino gambling, but it was good enough to qualify as cause for celebration. The New Jersey Casino Control Commission has the full breakout, from which a few … Continue reading

Posted in Atlantic City, Boyd Gaming, Pennsylvania, Regulation | Comments Off on Good news for the Boardwalk

Harrah's: Digging to China

Given the recent freeze-out on new casino operators in Macao, executives at Harrah’s Entertainment might as well be sporting T-shirts that read, “I spent $577.7 million in Macao and all I got was this lousy golf course.” And, in light … Continue reading

Posted in Ameristar, Atlantic City, Harrah's, Macau, MGM Mirage, Penn National, Pennsylvania, The Strip, Tribal, Wall Street | Comments Off on Harrah's: Digging to China

Cliché of the Year

"It's hard to pinpoint which one it is, but it's like the perfect storm — they all hit you at the same time." — Harrah's Entertainment Eastern Division President J. Carlos Tolosa. Nothing against Mr. Tolosa but this is becoming … Continue reading

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Isle: Goldstein out, Perry in; Trump pummeled

Isle of Capri Casinos announced widening Y/Y losses today, along with the retirement of CEO Bernard Goldstein after 16 years at the helm. He gives way to board member James Perry, former CEO of Argosy Gaming and (briefly) Trump Entertainment. … Continue reading

Posted in Atlantic City, Columbia Sussex, Donald Trump, Iowa, Isle of Capri, Louisiana, Marketing, Mississippi, Penn National, Pennsylvania, Singapore, Wall Street | 1 Comment

@#*& hits the Columbia Sussex fan

Those intimations of insolvency at the Las Vegas Tropicana are now swelling into full-blown accusations [second item] leveled at Columbia Sussex HQ in a $960 million lawsuit. And not just any old insolvent but “deeply insolvent.” Whatever detente CEO William J. … Continue reading

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