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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Politics
Reno’s bright future; All-time high for Vegas sports books
We love Reno. It has a river in the middle of downtown, nearby mountains and all the charm that Las Vegas so desperately lacks. It also had a gambling market that was written off for dead 15 years ago. Times … Continue reading
Posted in Economy, Eldorado Resorts, International, Nevada, Oklahoma, Paragon Gaming, Pennsylvania, Politics, Reno, Sports, Station Casinos, Taxes, Tribal, Wall Street
1 Comment
Pretlow tackles NY casinos; Zinke paralyzes Connecticut casino
Fearing a plea for tax breaks from New York State‘s three new, underperforming casinos, Assemblyman Gary Pretlow (D) has asked the state auditor to look into why they failed to meet their revenue projections. “It is critically important that we have … Continue reading
Posted in Economy, Foxwoods, MGM Mirage, Mohegan Sun, New York, Politics, Regulation, Tribal
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Macao rockets ahead; SLS sale snagged
While we share Galaxy Entertainment Chairman Lui-Che Woo‘s circumspection about announcing a full recovery in Macao, gaming revenues continue to ignore the ‘stop’ signs. Last month they rocketed up 22%, which “blows past expectations,” according to Deutsche Bank analyst Carlo Santarelli, … Continue reading
Posted in GLPI, Illinois, Macau, Mandalay Bay Massacre, MGM Mirage, Mohegan Sun, Politics, Racinos, Sahara, Sam Nazarian, Sheldon Adelson, Slot routes, SLS Las Vegas, Steve Wynn, The Strip, Tribal, Wall Street
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“A gambling state without parallel”
It’s up to Pennsylvania Gov. Tom Wolf (D) now. [Update: Wolf got off the fence with uncharacteristic alacrity and signed the bill.) The state House has passed the most sweeping expansion of gambling S&G has ever seen. It includes Internet … Continue reading
Posted in Eldorado Resorts, Harrah's, Internet gambling, Penn National, Pennsylvania, Politics, Slot routes, Sports, Taxes
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Major casino expansion mooted for Pennsylvania; Big wins for Florida, Wisconsin tribes
Gaming expansion is creeping forward in Pennsylvania. The state Senate has passed and sent to the House a bill that would add 10 satellite casinos to the Keystone State. Eldorado Resorts‘ Presque Isle Downs would be juiced in for one … Continue reading
Posted in Architecture, Eldorado Resorts, Florida, Hard Rock International, Internet gambling, Penn National, Pennsylvania, Politics, Reno, Seminole Tribe, Slot routes, Station Casinos, Taxes, Tribal, Wisconsin
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Adelson’s construction boom; Make theirs Manhattan
Las Vegas Sands still can’t be bothered to finish its St. Regis stump on the Strip, but it’s spending capex dollars like there’s no tomorrow in Macao. Sands will throw $700 million into redoing Sands Cotai Central as The Londoner, … Continue reading
Posted in Architecture, Culinary Union, Genting, Law enforcement, Macau, Mandalay Bay Massacre, MGM Mirage, New York, Politics, Sheldon Adelson, Singapore, The Strip, Wall Street
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It’s about time; Pols attack Atlantic City
Twelve years after Hurricane Katrina, Midwest and Bible Belt states still require casinos to be built on the water. Exceptions have been made for casinos on Mississippi‘s Gulf Coast and one of Mike Pence‘s latter acts as governor of Indiana … Continue reading
Posted in Architecture, Atlantic City, Election, history, Indiana, Louisiana, Mandalay Bay Massacre, MGM Mirage, New York, Pinnacle Entertainment, Politics, Sports, Tropicana Entertainment
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Trump goes to bat for Adelson; Connecticut tribes on the rise
Japanese Prime Minister Shinzo Abe had never heard of Las Vegas Sands or MGM Resorts International before Donald Trump told him about them last February. Either that or Abe was politely feigning ignorance. (As long as was using his political office … Continue reading
Posted in Donald Trump, Foxwoods, Greenwood Racing, Japan, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Regulation, Sheldon Adelson, Singapore, Taxes, Wall Street
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Strange bedfellows indeed; Massachusetts responds to Vegas massacre
Ex-Indiana Gov. Mike Pence‘s anti-casino past came back to bite him in the keester this week. A lengthy exposé reveals that, even as Pence was publicly posturing about “no expansion of gaming” in Indiana — although Pence never clearly defined … Continue reading
Posted in Atlantic City, California, Centaur Gaming, Charity, Delaware, Donald Trump, e-sports, G2E, Gary Goett, Indiana, Internet gambling, Mandalay Bay Massacre, Maryland, Massachusetts, Nevada, Politics, Regulation, Sheldon Adelson, Station Casinos, Technology, Tribal
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Ex-cons working casino floors?; Kansas casinos set record
You’d think casinos in Massachusetts, where job applicants far outnumber available positions, could get by without hiring convicted criminals. Think again. A bill before the Lege would open a loophole for people with criminal records to hold down jobs in … Continue reading
Posted in Boyd Gaming, G2E, GameCO, Harrah's, IGT, International, Kansas, Lawrence Ho, Massachusetts, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Regulation, Steve Wynn, Technology, Tribal
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Mandalay Bay mystery a labyrinth
As the clouds of war gather again over our great country, we’re finally gaining some clarity regarding Mandalay Bay shooter Stephen Paddock. He was that seeming oxymoron: a video poker “whale,” one who didn’t blanch at wagering $100 a spin. … Continue reading
Posted in Boyd Gaming, Cannery Casino Resorts, Cosmopolitan, Downtown, Harrah's, Illinois, Law enforcement, Mandalay Bay Massacre, Massachusetts, Mesquite, MGM Mirage, Philippines, Politics, Problem gambling, Regulation, Reno, Texas
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Hot numbers in August; MGM Cotai postponed
Although visitation to Las Vegas was down 2% in August, room revenues and rates were both up 3% (with a hotel room costing you $125/night on average) and occupancy at 91%. JP Morgan analyst Joseph Greff credited the Floyd Mayweather-Conor McPherson … Continue reading
Posted in Atlantic City, Boulder Strip, Colony Capital, Cosmopolitan, Downtown, Economy, Fontainebleau, Foxwoods, Hard Rock Hotel, International, Lake Tahoe, Laughlin, Macau, MGM Mirage, Mohegan Sun, North Las Vegas, Politics, Problem gambling, Regulation, Reno
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MGM gets potty-mouthed; New York casino flops
MGM Resorts International‘s casinos-without-gaming new ad campaign is playing to divided opinions. For instance, the company has 100,000 square feet of gaming at Bellagio but you won’t spot so much as a pair of dice in the ad, yet MGM … Continue reading
Posted in Cirque du Soleil, CityCenter, Genting, International, Lawrence Ho, Marijuana, Marketing, MGM Mirage, Neil Bluhm, New York, Philippines, Politics, Sports, Tribal, TV
2 Comments
Trying again in Kentucky; Trump Taj goes tits up
Casinos and Kentucky politicians have been like oil and water. But there’s nothing like a pension-fund crisis to focus people’s attention and the Bluegrass State faces a $33 million shortfall on its obligations. Hence a proposal for “limited” casino gambling, … Continue reading
MGM Bridgeport … ?!?; Battle lines drawn in Maine
Poor MGM Springfield. It’s not even finished and MGM Resorts International is already off on a snipe hunt in Connecticut. Like Steve Wynn many years ago, it is proposing a casino for Bridgeport. MGM says it is prepared to invest … Continue reading
Posted in e-sports, Economy, Election, Foxwoods, history, Maine, Marketing, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Politics, Regulation, TV
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Adelson cools on Japan; Revel mystery deepens
Details of Japan‘s casino-implementation bill are starting to trickle out: a blend of tax rates for mass-market play (22%) and VIP action (12%), a minimum gambling age of 20 and casino square floors no bigger than 15,000 square feet. Limitations like … Continue reading
Bye, bye, Vegas Club; Murren accepts minority status
One of our favorite sources, VitalVegas author Scott Roeben, is interviewed at length by Nevada Public Radio on what, if anything, the introduction of virtual reality to the Las Vegas Strip means for the big casinos. In part, Roeben says, … Continue reading
Wynn scolds Japan; Dan Gilbert gets something right
Despite height restrictions and an indifferent (at best) local government, Steve Wynn seems hellbent on putting a casino in Tokyo. Like everybody else, he’s also looking at Yokohama and Osaka — likelier finalists in the Japan casino derby. In an … Continue reading
Posted in Architecture, Dan Gilbert, Internet gambling, Japan, Ohio, Pennsylvania, Politics, Regulation, South Dakota, Steve Wynn, Taxes
1 Comment
Icahn’s big score
Did Carl Icahn just take Steven Witkoff to the cleaners? It sure looks that way. Witkoff and his associates paid, according to Bloomberg, $22 million an acre for Fontainebleau. Yes, $22 million. That figure is so dazzling I had to … Continue reading
Kansas Crossing struggles; Their indecision is final
Here’s a man-bites-dog story to start your day. Kansas Crossing casino is shortening hours and reducing payroll. Apparently four casinos is one too many for the Sunflower State. Although expected to rake in $3 million a month, the casino has … Continue reading
Posted in Architecture, Genting, Internet gambling, Kansas, New York, Pennsylvania, Politics, Slot routes, Taxes
1 Comment
