Category Archives: PokerStars

Quote of the Day

Posted on March 18, 2016 by David McKee

“The global online gambling market is growing at an 11-percent clip, but for growth to continue the American market must further open. Online gambling is currently worth around $37 billion a year, as about 85 nations across the world have … Continue reading →

Posted in Geoff Freeman, Internet gambling, PokerStars | Comments Off on Quote of the Day

Scientific’s surprising results; Gaming advancing in Georgia

Posted on February 26, 2016 by David McKee

An upturn in the replacement cycle (8,990 slots shipped) helped Scientific Games post a 10% revenue increase last quarter. A mix of impairment charges, writedowns and consolidation costs led the mega-supplier to a $128 million loss for the quarter, but … Continue reading →

Posted in Atlantic City, Economy, Georgia, Illinois, International, Internet gambling, Macau, Massachusetts, Mohegan Sun, PokerStars, Problem gambling, Scientific Games, Sheldon Adelson, Steve Wynn, Technology, Transportation, Wall Street | 1 Comment

Wall Street loves it some Boyd; Wolf at the door

Posted on February 17, 2016 by David McKee

Boyd Gaming came out with its figures for 4Q15 and Wall Street is fairly singing the company’s praises. “We believe that BYD’s diversified, domestic regional gaming portfolio should continue to benefit from continued U.S. jobs growth and lower gas prices. … Continue reading →

Posted in Atlantic City, Boyd Gaming, Downtown, Greenwood Racing, Hawaii, Internet gambling, Iowa, Kansas, Louisiana, Mohegan Sun, Pennsylvania, PokerStars, Sheldon Adelson, Taxes, Technology, Transportation, Wall Street | Comments Off on Wall Street loves it some Boyd; Wolf at the door

Atlantic City: Better than expected

Posted on January 13, 2016 by David McKee

As much as one hates the term “rightsizing” or endorsing the closure of four casinos, with all the job losses those entail, the numbers say that Atlantic City‘s casino market has been reduced to optimal size. December’s revenues were down … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dining, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, The Strip, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | 3 Comments

Ground shifts on i-gaming in California; T-Mobile’s new trophy

Posted on January 7, 2016 by David McKee

California took one step forward and one step back in the field of Internet gambling. A bill to legalize online poker was scratched from yesterday’s legislative agenda. If it makes you feel any better, the opposition of six major California … Continue reading →

Posted in California, Cosmopolitan, Dining, Entertainment, MGM Mirage, Planet Hollywood, PokerStars, Politics, Sam Nazarian, Sports, The Strip | Comments Off on Ground shifts on i-gaming in California; T-Mobile’s new trophy

Fantastic month for Atlantic City; Gural gets his wish

Posted on October 15, 2015 by David McKee

As the window for apples-to-oranges comparisons of Atlantic City casino revenue closes, so does the gap between same-store and outright gross-gaming revenues. In September, casinos were up 10% on a same-store basis (i.e., excluding the four closed ones from the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Election, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, New York, Penn National, PokerStars, Regulation, Rhode Island, Tilman Fertitta, Tourism, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off on Fantastic month for Atlantic City; Gural gets his wish

Dan Lee’s Colorado lode; The Caranos take Reno

Posted on October 5, 2015 by David McKee

Since overthrowing the leadership of Full House Resorts, new CEO Dan Lee has been chock-full of initiatives. His latest is to drop $30 million to acquire Bronco Billy’s Casino & Hotel, in Cripple Creek, Colorado. The move comes as Colorado … Continue reading →

Posted in Atlantic City, Colorado, Dan Lee, Delaware, Dining, Eldorado Resorts, Full House Resorts, International, Internet gambling, Marketing, MGM Mirage, PokerStars, Reno, Scientific Games | Comments Off on Dan Lee’s Colorado lode; The Caranos take Reno

Turning point for Wynn; Breakthrough for PokerStars

Posted on October 1, 2015 by David McKee

Earlier this week, the Everett Planning Board unanimously assented to Wynn Everett‘s site plan. The Medford Patch described this vote as “the most critical local permit needed by Wynn.” The resort-to-be can start pulling building permits now, with the actual … Continue reading →

Posted in Atlantic City, Economy, Environment, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, PokerStars, Politics, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Tribal | 1 Comment

The mystery of Steve Wynn; DFS steps in it

Posted on September 24, 2015 by David McKee

For the third time, Steve Wynn has pulled back from Atlantic City. This time he’s yanking Wynn Interactive‘s application for an online casino. The move comes an awfully long time after Wynn announced his opposition to Internet wagering, so who knows … Continue reading →

Posted in Atlantic City, Culinary Union, Election, Genting, Geoff Freeman, Harrah's, International, Internet gambling, New York, Oklahoma, PokerStars, Regulation, Sheldon Adelson, Sports, Steve Wynn, Taxes, Tribal | 1 Comment

Trouble in Fantasyland

Posted on September 15, 2015 by David McKee

Daily fantasy sports leagues have gotten awfully brazen since pairing with major sports leagues, inundating TV airwaves with advertising, and this has gaming regulators in some states looking askance at DFS. The first shot across the bow came from Nevada, … Continue reading →

Posted in Boyd Gaming, Detroit, Kansas, MGM Mirage, PokerStars, Politics, Regulation, Sports, TV | 1 Comment

Pushback against Adelson; Packer’s pretension

Posted on June 29, 2015 by David McKee

“Poker is an all-American game. It’s a game that I learned as a teen and continue to play today. Just like millions of other players I enjoy the strategy and skill involved.” So said Rep. Joe Barton (R) as he introduced … Continue reading →

Posted in Architecture, Australia, California, CityCenter, Cosmopolitan, Entertainment, Hard Rock Hotel, Harrah's, International, Internet gambling, James Packer, Lawrence Ho, Macau, PokerStars, Politics, Regulation, Taxes, The Strip, Warner Gaming | Comments Off on Pushback against Adelson; Packer’s pretension

Case Bets: Club Fortune, NFL, PokerStars

Posted on June 10, 2015 by David McKee

“Loose sluts!”, cries the grandmotherly-looking woman at 00:13 in this Club Fortune Casino commercial (so bad it never gets old). Those days may soon be over once Nevada Gold‘s purchase of Club Fortune closes. Having obtained the property for a … Continue reading →

Posted in Boulder Strip, Geoff Freeman, Internet gambling, PokerStars, Regulation, Sheldon Adelson, Sports | Comments Off on Case Bets: Club Fortune, NFL, PokerStars

Is MGM the next REIT?; Bad news for PokerStars

Posted on March 17, 2015 by David McKee

Shares of MGM Resorts International could trade at $55. So thinks hedge-fund boss Jonathan Litt, who has proposed converting MGM into a REIT, a move he says could halve the company’s massive debt. (Asset sales are part of Litt’s plan.) The … Continue reading →

Posted in Atlantic City, California, Harrah's, International, Internet gambling, Macau, MGM Mirage, PokerStars, Regulation, Sheldon Adelson, Tribal, Wall Street | Comments Off on Is MGM the next REIT?; Bad news for PokerStars

Florida tribe: Casinos or pot. Choose!

Posted on February 23, 2015 by David McKee

Florida Gov. Rick Scott (R) finds himself in just a bit of a pickle. He’s refused to negotiate with the Poarch Band of Creek Indians, who want to extend their burgeoning empire of Class II casinos from Alabama into the … Continue reading →

Posted in Alabama, California, Florida, Internet gambling, PokerStars, Politics, Regulation, Tribal | Comments Off on Florida tribe: Casinos or pot. Choose!

Caesars foe now its BFF; Suffolk Downs returns

Posted on February 20, 2015 by David McKee

Considering that it is the owner of Caesars Interactive and WSOP.com, one would hardly expect Caesars Entertainment to welcome PokerStars back to the U.S. market. But that is precisely what it has done, proclaiming that “we need to focus on where … Continue reading →

Posted in Atlantic City, California, Harrah's, Horseracing, Internet gambling, Kentucky, Massachusetts, New York, Pennsylvania, PokerStars, Politics, Regulation, Sheldon Adelson, Tribal, World Series of Poker | 2 Comments

Good and bad news for Caesars

Posted on February 17, 2015 by David McKee

Caesars Entertainment‘s last hopes for a Massachusetts casino are slipping through its fingers. A federal appeals court ruled in favor of the Massachusetts Gaming Commission and cleared Chairman Stephen Crosby of any charges of untoward conduct. Judge David Souter ruled … Continue reading →

Posted in California, Harrah's, Internet gambling, Massachusetts, PokerStars, Politics, Regulation, Sheldon Adelson, Tribal | Comments Off on Good and bad news for Caesars

Adieu, Riviera?

Posted on February 16, 2015 by David McKee

Is Las Vegas‘ oldest Strip casino facing a date with the wrecking ball? Last week, LVA broke the news that — at least according to one of our sources — the Riviera was being sold to the Las  Vegas Convention … Continue reading →

Posted in Internet gambling, LVCVA, New Hampshire, PokerStars, Politics, Riviera, The Strip | 2 Comments

Quote of the Day

Posted on February 12, 2015 by David McKee

“PokerStars is one of the only gaming companies that has been actively committed to pursuing a position in the Atlantic City market. Everybody else is running away. So, why would we rebuff a company that wants to make a major investment … Continue reading →

Posted in Atlantic City, Internet gambling, PokerStars, Politics, Sheldon Adelson | Comments Off on Quote of the Day

Walker finally acts; Pessimistic about Japan

Posted on January 23, 2015 by David McKee

After numerous delays, Wisconsin Gov. Scott Walker (R) finally was roused from inaction on the proposed Menominee Nation casino for Kenosha. The governor’s response to the tribe was a firm “no,” predicated upon forecasts of revenue losses from the state’s … Continue reading →

Posted in California, International, Japan, PokerStars, Politics, Sheldon Adelson, Taxes, Tribal, Wisconsin | 1 Comment

The war on Dotty’s; Ultimatum in Macao

Posted on December 8, 2014 by David McKee

In the wake of the Dotty’s brouhaha, I find myself wondering how this got to be such a big issue. After all, Nevada Restaurant Services had been buying up defunct bars and store fronts by the score and converting them … Continue reading →

Posted in California, Dotty's, Economy, Internet gambling, Macau, PokerStars, Regulation, Station Casinos, Tribal | 1 Comment