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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Politics
Cordish cashes in; Scare tactics in Atlantic City; Illinois slumps
Succumbing to the siren song of REITmania, Cordish Gaming has sold the real estate of three of its casinos to Gaming & Leisure Properties Inc. for a grand total of $1.8 billion. The affected casinos are Philadelphia Live, Pittsburgh Live … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Cordish Co., DraftKings, GLPI, Golden Nugget, Hard Rock International, Illinois, Indiana, Louisiana, Maryland, Missouri, Ohio, Penn National, Pennsylvania, Politics, Real Estate, Sports betting, Taxes, The Strip, Wall Street
2 Comments
Seminole compact nixed: Biden, DeSantis, Seminoles all lose
Floridians, we hope you enjoyed sports betting for all of the three weeks in which it was legal in the Sunshine State. Why? Because last night a federal judge struck down the Seminole Tribe‘s new compact with Gov. Ron DeSantis … Continue reading
Posted in Arizona, Australia, Chicago, Connecticut, Crown Resorts, DraftKings, Election, FanDuel, Florida, Hard Rock International, Law enforcement, Massachusetts, MGM Resorts International, Michigan, Nevada, New York, Penn National, Politics, Regulation, Rush Street Gaming, Seminole Tribe, Sports, Station Casinos, Taxes, Transportation, Tribal
1 Comment
DraftKings talks big, persuades few; Rancor in Richmond
DraftKings divided analysts with its 3Q21 earnings report. Credit Suisse pundit Ben Chaiken said the company was “moving the ball down the field.” That’s despite revenues of $212 million that well undershot Wall Street‘s expected $238 million, rather like a … Continue reading
Posted in AGA, Arizona, Baseball, Canada, Delaware, Donald Trump, DraftKings, Election, Golden Nugget, Health, history, Internet gambling, James Packer, Louisiana, Marketing, Maryland, New York, North Carolina, Politics, Sheldon Adelson, Sports, Sports betting, Texas, Tribal, TV, Virginia, Wall Street
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Urban One loses; Station thinks big; NFL gets into the slot biz
Richmond voters narrowly chose to cut off their nose to spite their face, voting 51.5% against the Urban One casino proposal. Since casinos were approved by at least 65% in four other Virginia cities in 2020, the resounding question is … Continue reading
Posted in Aristocrat, Caesars Entertainment, California, Dining, DraftKings, Election, Florida, Hard Rock International, Health, International, Iowa, Las Vegas Raiders, Las Vegas Sands, Law enforcement, MGM Resorts International, Michael Gaughan, Mississippi, New Hampshire, New Jersey, Ohio, Palms, Politics, Real Estate, Resorts World LV, Seminole Tribe, Sports, Sports betting, Station Casinos, Taxes, Technology, Transportation, Tribal, Virginia, Wall Street, Washington State
6 Comments
Rockin’ hard; Miller gives anti-smokers hope; Packer’s wrist slapped
Hard Rock International CEO Jim Allen (left) is bullish on the New York City market, if not downright aggressive. In maybe the highlight to come out of the East Coast Gaming Congress, Allen asserted his company’s interest in a New … Continue reading
Posted in AGA, Animals, Atlantic City, Australia, Caesars Entertainment, China, Crown Resorts, Election, Genting, Golden Gaming, Greenwood Racing, Hard Rock International, Health, Illinois, Indiana, James Packer, Kentucky, Laughlin, Law enforcement, Lotteries, Maryland, MGM Resorts International, Money laundering, Nevada, New Jersey, New York, Pahrump, Pennsylvania, Politics, Regulation, Scientific Games, Slot routes, Sports betting, Taxes, The Crown 18, Tribal, Wall Street
1 Comment
Baccarat cools Las Vegas a bit; Boyd sets records; Reno bans whips
Stimulus cash may be petering out somewhat and international tourism has yet to open the floodgates, so September found Nevada on something of a cusp between the supercharged recovery of the summer and the hoped-for travel rebound in 4Q21. Still, … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Conventions, Culinary Union, Downtown, FanDuel, Hawaii, Health, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Louisiana, Marketing, Nevada, New Jersey, North Las Vegas, Pennsylvania, PointsBet, Politics, Reno, Sports betting, The Strip, Tribal, TV, Wall Street
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DraftKings, MGM play chicken, MGM wins; Highway robbery in N.Y.
As we’ve written elsewhere, this was supposed to be The Year of Sports Betting … before the Covid-19 Delta variant reared its ugly head (and that was before Coronavirus knocked us out of Global Gaming Expo). But sports betting could … Continue reading
Posted in Alaska, Bally, DraftKings, Economy, Georgia, Illinois, Indiana, Las Vegas Sands, Louisiana, MGM Resorts International, New York, Politics, Slot routes, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wall Street
1 Comment
Business comeback fuels Strip; Massachusetts fumbles sports betting
Las Vegas Strip room rates continue to demonstrate sustained strength through October and, get this, midweek traffic is driving the bus. Overall, weekday prices are up 22% versus 17% on weekends. MGM Resorts International is the pace car, +24% midweek … Continue reading
Posted in Caesars Entertainment, California, Card rooms, Connecticut, Derek Stevens, Economy, Fontainebleau, Health, IGT, International, Japan, Las Vegas Raiders, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Politics, Resorts World LV, Singapore, Sports, Sports betting, Taxes, The Strip, Tribal, Wall Street, Wynn Resorts
1 Comment
China kicks sand in Big Gaming’s face; Penn lobbies for special status
You could say that getting into bed with Red China was a devil’s bargain and Satan has come to collect. Or that Beijing has finally decided to show everyone who’s boss. Either way, the central government played Big Gaming for … Continue reading
Posted in AGA, Australia, Bally, China, Crown Resorts, G2E, Galaxy Entertainment, Health, Illinois, Louisiana, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Penn National, Pennsylvania, Politics, Racinos, Rhode Island, Taxes, Wall Street, Wynn Resorts
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Cosmopolitan drinks its own bathwater
Late yesterday Bloomberg broke the news that Blackstone Inc. is shopping The Cosmopolitan of Las Vegas … for a $5 billion minimum price. What’s even more incredible is that apparently it has suckers, er, corporations already on the hook. Why … Continue reading
FanDuel gets up all up in your grille; Tahoe casinos: Fire? What fire?
What will sports-betting advertising be like once football season starts? Our prediction is for overkill, followed by backlash. As though to prove our point, FanDuel is unleashing a national ad blitz with a minute-long TV spot called “Anthem.” It’s so … Continue reading
Posted in AGA, Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, California, DraftKings, Election, FanDuel, Florida, G2E, Health, International, Lake Tahoe, Marketing, Mississippi, North Carolina, Paragon Gaming, PointsBet, Politics, Seminole Tribe, Slot routes, Sports, Sports betting, Tribal, TV, William Hill
1 Comment
Competitive vitality in Pennsylvania; The politics of casinos
Pennsylvania was late to the casino-recovery party but it’s finally arrived, up 1% in July over 2019 for a gross of $310 million, of which $223 million was won at the slots. The good news may be short-lived, in that … Continue reading
Posted in Alex Meruelo, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Card rooms, Centaur Gaming, Churchill Downs, Cordish Co., Derek Stevens, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Greenwood Racing, Health, Indiana, Internet gambling, Japan, Law enforcement, Marketing, Michael Gaughan, Mohegan Sun, Nevada, Oklahoma, Oregon, Penn National, Pennsylvania, PointsBet, Politics, Regulation, Rush Street Gaming, South Korea, Spectacle Entertainment, Sports betting, Station Casinos, Tamares Group, Taxes, Texas, Tribal, TV, Wall Street, West Virginia, Wynn Resorts
1 Comment
Open season in New York; Ohio, Missouri boom; Scientific baffles
Rather than face (well-deserved) impeachment, New York State Gov. Andrew Cuomo (D) resigned in disgrace today. Which happened to coincide with the disclosure of the companies which have applied to be online sports betting provider(s) for the Empire State. Cuomo’s … Continue reading
Posted in Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Florida, FoxBet, Genting, Golden Gaming, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Las Vegas Sands, Lotteries, MGM Resorts International, Missouri, New York, Ocean Resort, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Scientific Games, Seminole Tribe, Sexual misconduct, Slot routes, Sports betting, Wall Street, William Hill, Wynn Resorts
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