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Category Archives: PokerStars
Straub resurfaces; Last casino to Clarksville
In case you’re wondering, “Whatever happened to Glenn Straub?”, the answer is that he’s finally been dragged, kicking and screaming, into applying for a New Jersey gaming license for Revel and is finalizing the paperwork. Huffington Post also reveals than … Continue reading
Posted in Arkansas, Atlantic City, California, Election, Environment, Foxwoods, G2E, Glenn Straub, Internet gambling, Macau, MGM Mirage, Mohegan Sun, Oklahoma, PokerStars, Politics, Regulation, Revel, Texas, Tribal
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Tax fight in Pennsylvania; Adelson donation goes awry
Sands Bethlehem could soon pocket another $10 million a year but it’s letting Mount Airy Casino do the heavy lifting. The latter is arguing to the Pennsylvania Supreme Court that the flat, yearly fee falls disproportionately on small casinos, not … Continue reading
Posted in Architecture, California, Eldorado Resorts, Greenwood Racing, International, Internet gambling, Law enforcement, Massachusetts, Neil Bluhm, Oklahoma, Pennsylvania, PokerStars, Sheldon Adelson, Steve Wynn, Taxes, Tribal
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Stratosphere bucks consumer trend; New way to bet coming to Nevada
Better slot play, stronger restaurant business and greater hotel occupancy (which drove up rates) conspired to improve American Casino & Entertainment Properties‘ revenue and profitability in 2Q16. Net revenue — i.e., not profit — is on a 10-month upward roll, … Continue reading
Posted in ACEP, Animals, Boulder Strip, Laughlin, MGM Mirage, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Sports, Technology, The Strip, Tourism
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Plainridge Park hits the one-year mark; Pennsylvania casinos spurn booze tax
Recording its first anniversary with a reported $160 million in revenue, against projections closer to $300 million, is Penn National Gaming‘s Plainridge Park a dud? Not so fast. The casino reports the highest win/slot/day by far of any casino for … Continue reading
Posted in Atlantic City, Boyd Gaming, Election, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Pennsylvania, PokerStars, Regulation, Revel, Rhode Island, Sheldon Adelson, Steve Wynn, Taxes, Tribal
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Lean June in Atlantic City; Respect for the riff raff
Just when it should have been booming with the summer season, Atlantic City casino revenue fell 4% — $197.5 million — although online casino revenues rose 41% (to $16 million). Resorts Digital — aka PokerStars — is still bringing up the … Continue reading
Posted in Atlantic City, Boyd Gaming, Harrah's, International, Internet gambling, Marketing, Mohegan Sun, PokerStars, Regulation, Tilman Fertitta, Tropicana Entertainment
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Trump’s tribal treachery
As the press continues to dig into Donald Trump‘s past, it’s uncovering activity that is vile even by Trump’s debased standards. Such is the case in his race-baiting campaign against the casino application of the St. Regis Mohawks. Not man … Continue reading
NHL picks Las Vegas; Borgata carries Atlantic City
It’s not been officially confirmed and it’s not a final decision, but The Associated Press is reporting that the NHL‘s executive committee has chosen Las Vegas businessman Bill Foley‘s proposal to create an expansion franchise in Sin City. In a … Continue reading
More gridlock in California; Caesars ownership ups the ante … sorta
California lawmakers’ push for legalized i-gaming appears to run into an insuperable obstacle. Just when it looked like state Rep. Adam Gray had devised language that would tap-dance around the “bad actor” issue, the Pechanga Band of Luiseño Indians and Agua … Continue reading
Posted in California, Florida, Genting, Harrah's, PokerStars, Politics, Taxes, Tribal, Wall Street
Comments Off on More gridlock in California; Caesars ownership ups the ante … sorta
PokerStars camel meets eye of needle; Penn loses last-gasp appeal
California state Rep. Adam Gray‘s online-gaming bill comes under some close scrutiny from analysts Steven Eichorn and Jeff Ifrah. As expected, there is no “bad actor” clause that would explicitly keep Unlawful Internet Gambling Enforcement Act scofflaws like PokerStars out … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Genting, Internet gambling, Iowa, Law enforcement, MGM Mirage, New York, Penn National, PokerStars, Politics, Regulation, Singapore, Stanley Ho, Tribal
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DFS stalls in Illinois; Mississippi casinos rebound
Things were looking up for the daily fantasy sports industry in Illinois, where enabling legislation passed the state Senate 32-22. However, a hold has been put on the bill, which may not make it to the House. Why? Although the legislation … Continue reading
Posted in Arkansas, Delaware, G2E, Hard Rock International, Harrah's, Illinois, Internet gambling, Macau, Marketing, Mississippi, Nevada, PokerStars, Politics, Steve Wynn, Tribal
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Adelson bill makes unwelcome return; Downtown Vegas’ new face
His presidential aspirations having turned to dust, Sen. Lindsey Graham (R) is back to doing Sheldon Adelson‘s business, resurrecting RAWA. He has appended to an unrelated spending bill the following language: “Internet Gambling—Since 1961, the Wire Act has prohibited nearly all … Continue reading
Posted in Atlantic City, California, Dining, Downtown, Entertainment, Internet gambling, Law enforcement, Massachusetts, MGM Mirage, PokerStars, Regulation, Sheldon Adelson, The Strip
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Poker Stars changes Atlantic City landscape; MGM budges (slightly) on parking fees
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
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Case Bets: California, Florida, Minnesota, Macao
In a dramatic development, the six-tribe coalition that opposed letting PokerStars into California stood aside, clearing the path to unanimous approval by the Assembly Governmental Organization Committee of a bill by state Rep. Adam Gray that would legalize online poker in … Continue reading
Posted in California, Election, Florida, Galaxy Entertainment, history, Horseracing, Internet gambling, Macau, Minnesota, PokerStars, Politics, Taxes, Tribal
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New life for California online poker?; Maine casino push struggles to stay alive
Online poker is described as being “as close as [it’s] ever been” to legalization in California. So says California Nations Indian Gaming Association Chairman Steve Stallings, as a bill by Assemblyman Adam Gray shows signs of advancing. The primary obstacle, as ever, … Continue reading
Posted in Dan Gilbert, Detroit, Election, Internet gambling, Maine, MGM Mirage, PokerStars, Taxes, Tribal
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Internet gaming backstops Atlantic City; Swordplay in Vegas
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
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Good year for Atlantic City; Sands slapped with fine
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
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Freeman rakes Wolf; The delights and dangers of DFS
American Gaming Association President Geoff Freeman is throwing down against Pennsylvania Gov. Tom Wolf (D) and the latter’s desire to tax casino free play. If Wolf’s proposal had been in effect last year, the state would have netted slightly less … Continue reading
Posted in Arizona, Colorado, Florida, Geoff Freeman, Illinois, International, Internet gambling, Marketing, Oklahoma, Pennsylvania, PokerStars, Taxes, Tribal
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Penn accentuates the positive
“Wait ’til next year” seems to be Penn National Gaming‘s mantra for the Tropicana Las Vegas. At present, the company is still installing Marquee Rewards, replacing older slot machines and getting out of any leased-game arrangements. It doesn’t expect any … Continue reading
Posted in California, Cordish Co., Dan Gilbert, Economy, Harrah's, Illinois, Internet gambling, Marketing, Maryland, Massachusetts, MGM Mirage, Penn National, PokerStars, Slot routes, The Strip, Tribal, Wall Street, West Virginia
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DFS becomes political football; More trouble for PokerStars
Add Yahoo to the list of daily fantasy sports providers that are tiptoeing out of New York State under an accord with state Attorney General Eric Schneiderman. The latter has said that if the issue can’t be resolved in the … Continue reading
Posted in Arizona, Election, Florida, Harrah's, Indiana, Internet gambling, Law enforcement, Maryland, Minnesota, Missouri, New York, Oklahoma, PokerStars, Politics, South Korea, Wisconsin
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Adelson’s $10 billion bet; PokerStars comes to Atlantic City
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
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