Category Archives: Politics

East Coast Case Bets

Posted on April 8, 2014 by David McKee

Although talks have been conducted in deep secrecy, a few details of Seminole Tribe compact negotiations have been vouchsafed the public. The tribe is telling the state “don’t push us on this,” reminding it that the Bureau of Indian Affairs … Continue reading →

Posted in Cordish Co., Harrah's, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Taxes, Tropicana Entertainment | 1 Comment

In defense of Sheldon Adelson

Posted on April 4, 2014 by David McKee

A disclaimer: I tend to agree with Jeffrey Compton that Sheldon Adelson‘s “actions seem nothing but ego-driven overkill.” And by getting into bed with Bible Belt religious conservatives — to whom any form of gambling, not just on the Internet, … Continue reading →

Posted in Economy, history, Internet gambling, Iowa, Isle of Capri, Macau, Politics, Regulation, Sheldon Adelson, The Strip, Wall Street | Comments Off on In defense of Sheldon Adelson

Adelson: Crassness and classiness; Could online poker flop?

Posted on April 3, 2014 by David McKee

Last weekend’s GOP kaffeeklatsch, hosted by Sheldon Adelson, was such a self-abasing lap dance by the celebrity attendees that this Andy Borowitz satire doesn’t feel like much of a stretch. That being said, Adelson is making his presence felt in … Continue reading →

Posted in Charity, Internet gambling, Marketing, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, Tilman Fertitta | Comments Off on Adelson: Crassness and classiness; Could online poker flop?

Sheldon Adelson, sacred monster; New Jersey ‘Net

Posted on April 2, 2014 by David McKee

In case you hadn’t heard, Sheldon Adelson is a pretty rich fella. A run-up in Las Vegas Sands stock over the last two days has put $2.1 billion extra in his pocket. This, inevitably, has sparked further discussion of his … Continue reading →

Posted in Atlantic City, Internet gambling, Politics, Regulation, Sheldon Adelson, Taxes, The Strip, Wall Street | Comments Off on Sheldon Adelson, sacred monster; New Jersey ‘Net

Okada thwarted again; Granite State stalemate

Posted on March 30, 2014 by David McKee

Kazuo Okada‘s Universal Entertainment Corp. has pulled out of a deal to develop a $2 billion casino megaresort in the Philippines. Universal isn’t talking but jilted partner Century Properties Group is less reticent. Planning to contest the divorce, it says … Continue reading →

Posted in Delaware, Harrah's, International, Japan, New Hampshire, Politics, Problem gambling, The Strip | Comments Off on Okada thwarted again; Granite State stalemate

The Adelson caucus

Posted on March 27, 2014 by David McKee

Online gambling is officially under attack, with bills having been introduced in both houses of Congress to eradicate the U.S. industry. (This must be one of those occasions when it’s OK to be “anti-business.”) As reported earlier the Senate version … Continue reading →

Posted in Illinois, Internet gambling, Missouri, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Slot routes, Tropicana Entertainment | Comments Off on The Adelson caucus

Casino proposed for Albany; The smell of gambling

Posted on March 24, 2014 by David McKee

E23. That’s the provisional name for a casino complex that developer David Flaum has proposed for the Albany area, right on the New York State Thruway. The budget ($300 million-$400 million) is modest. Flaum is not. “This thing, frankly, is going … Continue reading →

Posted in Environment, Laughlin, Marketing, Massachusetts, Mohegan Sun, New York, Ohio, Politics, Tribal | Comments Off on Casino proposed for Albany; The smell of gambling

Strange Bedfellows Dept.

Posted on March 24, 2014 by David McKee

It’s hard to know what to make of this. The Republican Jewish Coalition is coming to Las Vegas and its headliner is Jeb Bush. Now, if there is anyone more anti-gambling in the GOP than Jeb, you’d be hard-pressed to … Continue reading →

Posted in Atlantic City, Economy, Election, Florida, Internet gambling, Ohio, Politics, Regulation, Sheldon Adelson, Tourism, Wisconsin | Comments Off on Strange Bedfellows Dept.

Jim Murren’s white flag; More slots in New England

Posted on March 21, 2014 by David McKee

In a moment of weakness upon which Sheldon Adelson is certain to pounce, MGM Resorts International CEO Jim Murren called for a cease-fire in the intra-industry war over Internet gambling. In addition to his day job, Murren is chairman of … Continue reading →

Posted in Geoff Freeman, Internet gambling, Macau, MGM Mirage, New York, Pennsylvania, Politics, Sheldon Adelson, Steve Wynn, Taxes | 1 Comment

Adelson needs elbow room; Critical mass in Florida

Posted on March 21, 2014 by David McKee

Sixty percent more hotel rooms. That’s what Sheldon Adelson says he needs at Marina Bay Sands and he hopes the government of Singapore will humor him and release the needed land. It’s greatly outperforming other hotels in the market. Last … Continue reading →

Posted in Election, Florida, Genting, Japan, Politics, Regulation, Sheldon Adelson, Singapore, Tribal | Comments Off on Adelson needs elbow room; Critical mass in Florida

Massacre in Maine; South Korea, land of opportunity?

Posted on March 20, 2014 by David McKee

Six gambling-expansion bills were mowed down in Maine‘s state Senate last night. Three of the quashed proposals would have provided some form of Native American gambling.  (A fourth would have allowed racinos to go from 3,000 slots to 4,500.) Pleasant … Continue reading →

Posted in Dining, Harrah's, International, Maine, Mississippi, New York, Politics, Racinos, Regulation, Tribal | Comments Off on Massacre in Maine; South Korea, land of opportunity?

Sheldon’s boys

Posted on March 20, 2014 by David McKee

At least one Congressman has rallied to Sheldon Adelson‘s banner, in the form of boyish Rep. Jason Chaffetz (R-UT). He’s introducing a bill to reimpose the pre-2011 interpretation of the Wire Act, banning all forms of online gambling. Chaffetz’s spokeswoman … Continue reading →

Posted in Harrah's, Internet gambling, Planet Hollywood, Politics, Sheldon Adelson | Comments Off on Sheldon’s boys

Quote of the Day

Posted on March 19, 2014 by David McKee

“It’s not good public policy in the first place to be bailing out failing businesses. We’re not seeing any detail to show that this money is actually going to save jobs or create jobs. Is this just going to go to … Continue reading →

Posted in Horseracing, Politics, Racinos | Comments Off on Quote of the Day

Caesars’ big coup; Foxwoods site revealed

Posted on March 18, 2014 by David McKee

South Korea hasn’t opened its casino business to Western firms … until now. Caesars Entertainment, in partnernship with Hong Kong‘s Lippo Ltd. and OUE Ltd. from Singapore has won preliminary approval for a concession. The project is expected to cost … Continue reading →

Posted in Foxwoods, Genting, Hard Rock Hotel, Harrah's, International, Kentucky, Macau, Massachusetts, Mississippi, Politics, Warner Gaming | Comments Off on Caesars’ big coup; Foxwoods site revealed

Notes from Indian Country; Penn’s fast break

Posted on March 7, 2014 by David McKee

Native American casinos in Maine took a step toward realization when the lower house of the Legislature rescued pro-casino bills from seeming death in the Veterans & Legal Affairs Committee. The legislation “would allow the Passamaquoddy Tribe to build a … Continue reading →

Posted in California, Churchill Downs, Horseracing, Maine, Massachusetts, Penn National, Politics, Racinos, Tribal, Wisconsin | Comments Off on Notes from Indian Country; Penn’s fast break

Vegas: Behind the standoff; Sands: Another one bites the dust

Posted on March 6, 2014 by David McKee

As the Culinary Union heads toward a March 20 strike vote, the culprit behind its stalemate with over a dozen casinos has been identified as the Affordable Care Act. “The biggest hurdle to reaching settlements in Vegas is the new … Continue reading →

Posted in Culinary Union, Harrah's, Massachusetts, MGM Mirage, Pennsylvania, Politics, Riviera, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

Empire State scramble; Stalemate in Kentucky; Too cozy in Ohio?

Posted on March 5, 2014 by David McKee

Casino expansion continues to speed along in New York State, where college president Mark Gearan (right) has been formally installed as New York State Gaming Commission chairman, filling out the five-member body. Prior to taking office, he was presented with some … Continue reading →

Posted in Cordish Co., Downtown, Entertainment, Horseracing, Kentucky, New York, Ohio, Penn National, Politics, Racinos, Regulation, Technology, The Strip | Comments Off on Empire State scramble; Stalemate in Kentucky; Too cozy in Ohio?

Tribal casinos good for your health? Bet on it

Posted on March 5, 2014 by David McKee

“Reservation shopping” used to be Us versus Them language, as the private sector sought to hold back tribal casinos. Now it’s been added to the arsenal of tribe-on-tribe verbal violence. Writes the New York Times, “casino-owning Indian tribes have emerged … Continue reading →

Posted in Arizona, California, Environment, Politics, Tribal, Wayne F. Newton, Wisconsin | Comments Off on Tribal casinos good for your health? Bet on it

More slots for the Sunshine State; Sheldon’s big payday

Posted on March 5, 2014 by David McKee

 A 453-page casino-enabling bill in the Florida state Senate just got a bit longer when Sen. Maria Sachs added language that would enable six additional counties (Palm Beach, Gadsden, Washington, Lee, Hamilton and Brevard) to have slots at their parimutuels. … Continue reading →

Posted in Arizona, Atlantic City, Environment, Florida, International, Isle of Capri, Macau, Politics, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes, Transportation, Tribal | 1 Comment

Massachusetts: Penn wins

Posted on February 28, 2014 by David McKee

Oh, cruel fate. It looked like that Massachusetts slot parlor was in the bag for Cordish Gaming and the city of Leominster. After all, Massachusetts Gaming Commission Chairman Stephen Crosby had rated the project as “very good,” adding, “Thus our … Continue reading →

Posted in Cordish Co., Greenwood Racing, Horseracing, Illinois, Massachusetts, Penn National, Politics, Racinos, Regulation, Rhode Island, Slot routes, Wall Street | Comments Off on Massachusetts: Penn wins