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Category Archives: Problem gambling
Slim hope for North Dakota casinos; Russians hack U.S. slot machines
North Dakota lawmakers are still averse to the idea of state-owned casinos (which caused a fair number of birthing pains for Kansas) but they split the baby on casino expansion this week. While the House Judiciary Committee still stamped “do … Continue reading
Posted in Atlantic City, International, Law enforcement, Missouri, North Dakota, Pennsylvania, PokerStars, Politics, Problem gambling, Sheldon Adelson, Singapore, Tilman Fertitta, Tribal
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Freeman attacks Yucca Mountain; Brawl in Connecticut
Back when Frank Fahrenkopf was its president, the American Gaming Association was little seen or heard, as Fahrenkopf played a flawless defensive game behind the scenes. Washington, D.C., never laid a glove on Big Gaming (although eugenicist and sometime Congressman Steve … Continue reading
Posted in Donald Trump, Entertainment, Foxwoods, Geoff Freeman, Harry Reid, history, Massachusetts, MGM Mirage, Mohegan Sun, New York, Politics, Problem gambling, South Korea, The Strip, Tourism, Transportation, Tribal, Westgate LV
Tagged Winnie the Pooh
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AGA backs Obamacare; “Messy” quarter for Station
OK, the headline is an oversimplification (as headlines tend to be) but the American Gaming Association found itself in disagreement with congressional Republicans after their overhaul of the Affordable Care Act was found to leave mental-health and substance-use-disorder services out in the … Continue reading
Posted in Dan Gilbert, Economy, Eldorado Resorts, Geoff Freeman, GLPI, Hard Rock International, Lucky Dragon, Marketing, Ohio, Palms, Penn National, Pinnacle Entertainment, Politics, Problem gambling, Reno, Station Casinos, Wall Street
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Caesars’ highway robbery; Good news for problem gamblers
What do you do when you’ve just lost $435 million? Bust out a new round of resort fees, of course! That’s Caesars Entertainment‘s answer. Keeping up with the Joneses on the Las Vegas Strip, Caesars will implement two tiers of … Continue reading
Posted in Foxwoods, Genting, Harrah's, Japan, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street
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Trump: The Fix is In; Battle of Gettysburg III
Gaming executives who are buddies with Donald Trump just got a rude surprise when attorney general nominee Sen. Jeff Sessions (R) said he was “shocked” by the 2011 reinterpretation of the Wire Act, whereby Internet gaming became legal. This sets … Continue reading
Posted in Atlantic City, Donald Trump, Economy, Harrah's, history, Horseracing, Internet gambling, Maryland, Pennsylvania, Problem gambling, Sheldon Adelson, Taxes
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What the Lucky Dragon means; National Harbor lifts all boats
The good Dr. David G. Schwartz ponders the significance of Lucky Dragon Casino and begins with one salient milestone: “Lucky Dragon is the first genuinely new property to open in the tourist corridor since The Cosmopolitan six years ago.” That’s … Continue reading
Posted in Architecture, Cosmopolitan, Donald Trump, Genting, Harrah's, history, Internet gambling, Japan, Lucky Dragon, Marketing, Maryland, MGM Mirage, Nevada, Politics, Problem gambling, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism, Wall Street
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Florida grilled over blackjack games; Caesars’ lucky streak continues
Things are looking grim for Florida Gov. Rick Scott‘s case against the Seminole Tribe. An attorney for the state was described as getting “shellacked” by U.S. District Judge Robert Hinkle. The latter zeroed in on the state’s “designated player games” … Continue reading
Posted in Florida, Galaxy Entertainment, Harrah's, IGT, International, Internet gambling, Isle of Capri, Massachusetts, Philippines, Problem gambling, Racinos, Regulation, Seminole Tribe, Stanley Ho, Technology, Tribal, Wall Street
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Tribal opponents caught in the act; Freeman gets ratings boost
Opponents of the Tohono O’odham casino in Glendale may have really stepped in it. According to the Arizona Republic, “lawyers and lobbyists representing the state and two rival Indian communities held confidential meetings about ways to stop it, according to depositions … Continue reading
Posted in Arizona, Geoff Freeman, Harrah's, Internet gambling, MGM Mirage, Problem gambling, Sheldon Adelson, Sports, Steve Wynn, Tribal, TV
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Packer in a pickle?; Adelson speaks, R-J listens; Big casino sale in Philippines
We haven’t been able to confirm for certain whether or not James Packer‘s latest attempt to conquer Las Vegas, the casino-resort Alon, is definitely kaput. It definitely hasn’t evolved beyond some exquisitely vague, bare-bones documents filed with Clark County. However, we … Continue reading
Posted in Australia, Environment, International, Internet gambling, Iowa, James Packer, MGM Mirage, Mississippi, Philippines, Problem gambling, Regulation, Sheldon Adelson, Sports, Taxes, The Strip, Tilman Fertitta, Tribal
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Caesars crashes, burns in Louisiana; DFS takes two steps forward, one back
Despite having an extra weekend day, Louisiana casinos saw revenue fall 7% in July. (JP Morgan analyst Joseph Greff blames flooding for the waterlogged numbers.) Pinnacle Entertainment did the best among major operators, up 4%, while Caesars Entertainment went into the … Continue reading
Posted in Atlantic City, Boyd Gaming, Churchill Downs, Eldorado Resorts, GLPI, Harrah's, Internet gambling, Isle of Capri, Louisiana, Maine, Massachusetts, New York, Pennsylvania, Pinnacle Entertainment, Problem gambling, Sports, Taxes, Technology, The Strip, Tilman Fertitta, Tropicana Entertainment
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Israel moves toward casinos; West Virginia mulls ‘Net betting
We’ve been surprised that Sheldon Adelson isn’t overtly pushing for casinos in Israel, especially upon reading that the city of Eilat “smells and feels a little bit like a very small version of Vegas.” It’s well away from the rest … Continue reading
Posted in Genting, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Pennsylvania, Problem gambling, Tribal, West Virginia
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Doing it the right way
In keeping with the aphorism that history repeats itself, first as tragedy, then as farce, Glenn Straub‘s fire-aim-ready attempt to reopen Revel continues to drag on, providing an object lesson in how not to open a casino. As though to … Continue reading
Atlantic City back on death watch?; Money problems at Moulin Rouge
Things are suddenly looking grim for Atlantic City: A new Monmouth University poll shows voters evenly divided on a referendum to end the Boardwalk’s monopoly on casino gambling, an erosion of public support for the resort city. Assessing the situation … Continue reading
Posted in Atlantic City, Downtown, Economy, Election, Environment, Harrah's, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Problem gambling, Regulation, Riviera, Steve Wynn, Tilman Fertitta, Trump Entertainment Resorts
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Kasich, gambling opponents clash; Boffo month for Pennsylvania
Ohio Gov. John Kasich (R) went 1-1 in legal challenges to his decision to widen the Buckeye State’s casino industry, including his permission of VLTs at the state’s racinos, a move that broke the Caesars Entertainment/Penn National Gaming duopoly on … Continue reading
Posted in GLPI, Greenwood Racing, Harrah's, Isle of Capri, Mohegan Sun, Neil Bluhm, Ohio, Penn National, Pennsylvania, Problem gambling, Sheldon Adelson
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Secrecy prevails in Nevada; Doubletalk Down Under
In a step backward for public transparency, the Nevada Gaming Commission has decreed that privately held casinos no longer have to disclose their financial performance. Not only will this spare SLS Las Vegas the embarrassments that are its quarterly reports, … Continue reading
Posted in Australia, Charity, Cosmopolitan, Culinary Union, Harrah's, Phil Ruffin, Problem gambling, Regulation, SLS Las Vegas, The Strip, Wall Street
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High-stakes headbutting in Hartford; Pennsylvania grapples with slot routes
All the key players in Connecticut finally butted heads in a showdown in Hartford yesterday. In one corner, you had the casino-ineligible Schaghticoke Tribal Nation. Behind it was its patron, MGM Resorts International, which has a $950 million investment in Springfield, … Continue reading
Posted in Economy, Florida, Foxwoods, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Problem gambling, Seminole Tribe, Slot routes, Taxes, Tribal
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Scientific’s surprising results; Gaming advancing in Georgia
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
End of Caesars bankruptcy in sight?; Seminole compact upsized
One year and millions of pages of documents later, we’re nearing resolution in Richard Davis‘ investigation of the Caesars Entertainment bankruptcy. His report on the company’s attempted restructuring is due at year’s end. At its heart will be several controversial … Continue reading
Posted in Florida, Harrah's, Horseracing, Massachusetts, Penn National, Politics, Problem gambling, Regulation, Seminole Tribe, Sports, Steve Wynn, Technology
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The 7% solution; Grief in Texas
Woe betide the “Borgata Babe” who loses or gains more than 7% of her body weight. Do it and you’re out the door. This archaic — to say nothing of sexist — policy was passively reaffirmed when the New Jersey … Continue reading
Posted in Atlantic City, Boyd Gaming, California, Delaware, Election, Internet gambling, MGM Mirage, Problem gambling, Regulation, Sports, Texas, Vermont
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Hope for Atlantic Club; Boffo month for Maryland
Not so fast, says Endeavor AC about yesterday’s report that its purchase of the Atlantic Club was defunct. The would-be purchaser says it has “a very strong and creditable private equity source to finance the acquisition and development of the … Continue reading
Posted in Atlantic City, Cordish Co., Dan Gilbert, Glenn Straub, Golden Gaming, Harrah's, Japan, Law enforcement, Maryland, Penn National, Pennsylvania, Planet Hollywood, Politics, Problem gambling, Racinos, Revel, Sheldon Adelson, SLS Las Vegas, The Strip, Tourism
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