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Category Archives: Politics
Japan: Another failure; Reading the Trump tea leaves
According to Morgan Stanley analysts, the chances of pro-casino legislation passing in Japan this year are “quite low.” Yes, Prime Minister Shinzo Abe has booted the ball yet again. His big push [sic] to bring casinos to the Land of … Continue reading
Posted in Architecture, California, Delaware, Donald Trump, Florida, Genting, Internet gambling, James Packer, Japan, Law enforcement, Macau, MGM Mirage, Nevada, Politics, Sheldon Adelson, Singapore, South Korea, Station Casinos, Tourism, Tribal
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Trump, Adelson make a deal; Brazil moves toward casinos
Donald Trump may have sold his soul to the Las Vegas Review-Journal and cheaply at that. Pro-Trump Global Gaming Business is reporting that the mogul promised not to oppose Sheldon Adelson‘s anti-Internet gaming legislation if only the R-J would endorse … Continue reading
Posted in Dining, Donald Trump, Election, Entertainment, International, Internet gambling, Macau, Mohegan Sun, Pennsylvania, Politics, Stanley Ho, Taxes, The Strip, Tourism
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The day after
This morning’s biggest winners are not politicians or pundits (certainly not the pollsters) but the punters who laid their money on a Donald Trump victory when sites like Betfair had him as a one-in-five underdog or worse. Their wallets are … Continue reading
Posted in Atlantic City, Donald Trump, Election, Florida, Harry Reid, Horseracing, Maine, Massachusetts, Nevada, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn
1 Comment
Election Special; Station Reno project approved
Preoccupied with stumping for legalized sports betting, the American Gaming Association fell down on the job and failed to deliver a promised (yes, they literally promised us) election roundup. By this shortcoming, the AGA flunked one of its mandates, which … Continue reading
Posted in Arkansas, Atlantic City, Election, Entertainment, Harrah's, Internet gambling, Massachusetts, Nebraska, New York, Politics, Regulation, Reno, Scientific Games, Station Casinos, Steve Wynn, Technology, Wall Street
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MGM hearts Japan; Atlantic City aims for total victory
According to Reuters, if casinos are legalized in Japan, then MGM Resorts International would be willing to build the world’s second $9.5 billion megaresort. (Las Vegas Sands has already brandished $10 billion.) That’s leading with your chin. However, MGM believes … Continue reading
Posted in Atlantic City, Election, Genting, Japan, Marketing, Massachusetts, MGM Mirage, Politics, Sheldon Adelson, South Korea, Station Casinos, Steve Wynn, Taxes, Tribal, Unite-Here
1 Comment
Turnaround in Macao; Trop claims another victim
There’s finally solid ground for optimism with regard to Macao, admittedly a good market to be in even at the worst of times. October gaming revenues surged 9%. Deutsche Bank analyst Carlo Santarelli took the numbers with a couple of … Continue reading
Pennsylvania lawmakers screw the pooch; Adelson’s way or the highway
Pennsylvania communities are scrambling to reach voluntary revenue-sharing accords with the casinos they host after the Legislature left the issue in limbo. Rather than address the host-community fee on its own, the House of Representatives tacked on approval of Internet … Continue reading
Posted in Architecture, Environment, GLPI, Golden Gaming, Greenwood Racing, Harrah's, Internet gambling, Maryland, Massachusetts, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, Technology
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Five-point solution for Atlantic City; The Crown 18
Will Atlantic City be the master of its domain or will Gov. Chris Christie (R) insist upon a state takeover? That’s the question after Mayor Don Guardian (R) steered a five-point rescue plan through a heavily divided city council. In … Continue reading
Posted in Atlantic City, Environment, Hard Rock International, James Packer, Law enforcement, Macau, Politics, Regulation, Taxes, Technology
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New player in Moulin Rouge saga; Jersey casino backers try to save face
There’s another entrant in the perpetual sweepstakes to redevelop the Moulin Rouge site. This time it’s British firm Psi Key Entertainment. It is proposing a 1,288-room hotel for the acreage. However, Psi Key’s redevelopment plans have to be taken with … Continue reading
Posted in Atlantic City, Boyd Gaming, Dining, Downtown, Eldorado Resorts, Election, Hooters, Iowa, Isle of Capri, Marketing, Missouri, Moulin Rouge, Palms, Politics, Station Casinos, The Strip, Westgate LV
1 Comment
Hollywood Jamul opens; Hutchinson opposes Arkansas casinos
While the eyes of the industry were focused on the closing of Trump Taj Mahal, there was another long-awaited event on Monday: the opening of Hollywood Casino Jamul, near San Diego. Combine in-progress road construction with a new casino and … Continue reading
Taj Mahal: Soon with 100% less Trump?; Sands jams up players
While the last vestiges of Donald Trump‘s ownership of Trump Taj Mahal were liquidated when Carl Icahn took over, it retained the name and continued to buy Trump Water. (The taste of douchebaggery?) What concerns politicians in Trenton is the prospect … Continue reading
Posted in Affinity Gaming, Architecture, Atlantic City, Carl Icahn, Charity, Cirque du Soleil, Donald Trump, Downtown, Entertainment, Harrah's, International, Politics, Sheldon Adelson, The Strip, Tilman Fertitta, Tropicana Entertainment
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National Harbor opening looms; Murren’s march through Georgia
Lucky Dragon Casino had better enjoy its 15 minutes of fame while they last because all eyes will turn to the East Coast on Dec. 8, when MGM Resorts International opens MGM National Harbor. CEO Jim Murren is already predicting … Continue reading
Posted in Alabama, Dining, Economy, Florida, Georgia, Harrah's, Internet gambling, Maryland, MGM Mirage, New York, Pennsylvania, Politics, Taxes, Technology, Tribal
1 Comment
Crisis mode in Pennsylvania; Hard Rock unifies the brand
Although Pennsylvania lawmakers theoretically have three months to amend an “incredibly complex” state law that directs casino revenue to host cities and counties, the grim reality is that the Lege has only eight session days in which to get it … Continue reading
Posted in Australia, Charity, Eldorado Resorts, Florida, G2E, Greenwood Racing, Hard Rock Hotel, Hard Rock International, International, Macau, Pennsylvania, Politics, Seminole Tribe, Sheldon Adelson, Steve Wynn, Taxes, Technology, TV, Wall Street
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Stadium debate heats up; Seminole Tribe ousts boss
While it looked for a moment like the wheels were greased for an NFL stadium on the Las Vegas Strip, financed primarily by hotel-room taxes, there’s a bit less certainty today. For one thing, Sheldon Adelson either assumed or … Continue reading
Posted in California, Economy, Florida, Hard Rock International, Harrah's, Macau, MGM Mirage, Politics, Seminole Tribe, Sheldon Adelson, Sports, Taxes, The Strip
2 Comments
Industry braces for post-Reid void
Why has Geoff Freeman become such an outspoken voice in favor of the gaming industry? In part to fill the vacuum soon to be left by retiring Sen. Harry Reid (D). One of the two candidates running to replace him, … Continue reading
Posted in Election, Geoff Freeman, Harrah's, Harry Reid, MGM Mirage, Pinnacle Entertainment, Politics, Sheldon Adelson, Station Casinos
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Pennsylvania casinos trounce state; MGM looks to Brazil
Pennsylvania cities and counties could find themselves short of money soon — and legislators have to locate even more cash on short notice, as though the current budget impasse wasn’t trouble enough. The commonwealth has been given three months, tops, by the … Continue reading
Posted in Economy, Eldorado Resorts, Greenwood Racing, IGT, International, Internet gambling, Japan, MGM Mirage, Neil Bluhm, Pennsylvania, Politics, Sheldon Adelson, Taxes, The Strip
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Quote of the Day
Our jobs are every bit as patriotic as auto-worker jobs.” — MGM Resorts International CEO Jim Murren, on the emergence of the casino industry as a power player in national politics.
Posted in Economy, Election, MGM Mirage, Politics
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GameCo hearts the Boardwalk; Internet gambling fails in Pennsylvania
GameCo CEO Blaine Graboyes promised that his company’s first skill-based slots would be rolled out in Atlantic City … and he was as good as his word. While the eyes of the industry were on Las Vegas for Global Gaming … Continue reading
Posted in Atlantic City, Downtown, Foxwoods, G2E, Harrah's, Internet gambling, Mohegan Sun, Nevada, New York, Pennsylvania, Politics, Regulation, Technology
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Sheldon’s new errand boy; Caesars: Let’s make a deal
Las Vegas Sands CEO Sheldon Adelson is known to be the Lady Bountiful of the 2016 election, showering promising senatorial candidates with cash. One such hopeful is Arkansas Sen. Tom Cotton (R), who has thrown a legislative Hail Mary, attempting … Continue reading
Posted in Atlantic City, Donald Trump, Election, G2E, Genting, GLPI, Harrah's, IGT, Illinois, Internet gambling, New York, Penn National, Politics, Sheldon Adelson, Slot routes, Technology, Unite-Here, Warner Gaming
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Atlantic City saved
It’s all over. The fat lady hath sung. And Atlantic City lives to gamble another day. Discouraged by poll numbers that showed insurmountable support for the status quo in New Jersey, expansion PAC Our Turn NJ is closing up shop. That … Continue reading
