Category Archives: Problem gambling

Good news, bad news for Suffolk Downs; Wynn shaken down

Congratulations, Suffolk Downs. You’ve been approved as a casino bidder — but the voters might nix the whole shebang. Although Suffolk Downs is bereft of an operator, having given Caesars Entertainment the heave-ho. (The latter remains in deep water, financially, making noises … Continue reading

Posted in Foxwoods, Hard Rock International, Harrah's, Horseracing, Internet gambling, Massachusetts, Mohegan Sun, Neil Bluhm, Oklahoma, Problem gambling, Regulation, Sheldon Adelson, Steve Wynn, Tribal | Comments Off on Good news, bad news for Suffolk Downs; Wynn shaken down

War of words in N.Y.; Double standard in Illinois

After keeping a low profile for most of election season, pro-casino forces sprang into gear, rolling out a bevy of TV ads. In an attempt to neutral potential hostility downstate, one commercial points out that New York City‘s two mayor … Continue reading

Posted in Atlantic City, Current, Detroit, Economy, Election, Illinois, New York, Politics, Problem gambling, Regulation, Slot routes, Taxes | Comments Off on War of words in N.Y.; Double standard in Illinois

Caesars tries to change the subject; Penn makes its case

As Caesars Entertainment skulks away from Massachusetts, tail between legs, a campaign of manufactured outrage continues to be mounted on its behalf. At its baseline is an attempt to minimize the reasons why the Massachusetts Gaming Commission was poised to … Continue reading

Posted in Harrah's, Horseracing, Internet gambling, Maryland, Massachusetts, MGM Mirage, Penn National, Problem gambling, Regulation, Stanley Ho, The Mob | Comments Off on Caesars tries to change the subject; Penn makes its case

Caesars: Fiasco in Boston

Suffolk Downs will be moving forward … without Caesars Entertainment. The track dropped Caesars like a bad habit over the weekend. Caesars tried to make it sound like the decision was its own. Spokesman Stephen Cohen threw a hissy fit, … Continue reading

Posted in Hard Rock International, Harrah's, Illinois, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, Problem gambling, Regulation, Slot routes, Steve Wynn, Wall Street | 2 Comments

Quote of the Day

“Glitzier, more expensive casinos aren’t designed to attract troubled gamblers from down the street. Those people will find their way to whatever venue is available.” — the Tulsa World, editorializing on the new, Margaritaville-branded casino being built downtown.

Posted in Oklahoma, Problem gambling, Tribal | Comments Off on Quote of the Day

Clean sweep in Maryland; Clobberin’ time in Albany

Not unsurprisingly, MGM Resorts International, Penn National Gaming and Greenwood Racing (owner of Philadelphia‘s Parx Casino) received the unanimous benediction of the Maryland Lottery & Gaming Control Commission this week. Since Penn already operates in the Free State, its approval … Continue reading

Posted in Atlantic City, Massachusetts, MGM Mirage, New York, Penn National, Problem gambling, Regulation | Comments Off on Clean sweep in Maryland; Clobberin’ time in Albany

New York: Lies, damned lies and ballot language

Seemingly bereft of urgency, the scrum over gambling expansion in New York State has yet to become a real fight. The Empire State’s Catholic bishops, while deeming gambling “a morally neutral act,” urged parishioners to “very carefully consider” the consequences … Continue reading

Posted in Atlantic City, Election, New York, Pennsylvania, Politics, Problem gambling | Comments Off on New York: Lies, damned lies and ballot language

Another Borgata first; Ohio is “george”; Adelson’s waiting game

In what could be a harbinger of good things for Atlantic City, the final events of the World Poker Tour are being held at Borgata. It’s to promote the legalization of online poker in New Jersey, but anything that brings … Continue reading

Posted in Atlantic City, Boyd Gaming, Environment, International, Internet gambling, Japan, Ohio, Problem gambling, Sheldon Adelson, Steve Wynn | 2 Comments

Atlantic City: Half-full or half-empty?; Crosby tips his hand

It depends on which newspaper you read. The Press of Atlantic City took the half-full route, focusing on the profits made by eight of the city’s dozen casinos. The Associated Press pointed to the narrowing margin of aforesaid gross-operating profitability. … Continue reading

Posted in Boyd Gaming, Donald Trump, Economy, Foxwoods, Harrah's, International, James Packer, Massachusetts, Mohegan Sun, Pennsylvania, Problem gambling, Regulation, Revel, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

Murren disses Adelson; Caesars bows out of Macao; Clerical choler

“Maybe because he’s rich he thinks people care about what he has to say. It’s obvious we know Las Vegas better than he does.” With those wordsMGM Resorts International CEO Jim Murren laid a surprisingly blunt smackdown on Las Vegas … Continue reading

Posted in Current, Florida, Harrah's, James Packer, Lawrence Ho, Macau, Massachusetts, MGM Mirage, Problem gambling, Sheldon Adelson, Stanley Ho, Steve Wynn, The Strip, Wall Street | 3 Comments

Silly in Philly; Dinosaurs in Macao; New York’s choice

From the silly file. There’s no reason that any Joe Blow can’t apply for a casino license in Philadelphia. But I get a kick out of fruit-and-vegetable mogul Joseph “Tomato King” Procacci thinking he can actually outdo the likes of … Continue reading

Posted in Animals, Election, Isle of Capri, Macau, New York, Penn National, Pennsylvania, Problem gambling, Regulation, Stanley Ho, Steve Wynn, Taxes | Comments Off on Silly in Philly; Dinosaurs in Macao; New York’s choice

Early reckoning in Macao; Big Gaming’s growing pains

One shouldn’t read too much into anything the Macao government says about casino operators. It likes to keep them guessing — especially U.S. ones. Still, it’s worth noting that Secretary for Economy & Finance Francis Tam Pak Yuen has floated … Continue reading

Posted in Atlantic City, Delaware, Economy, Genting, Harrah's, Macau, MGM Mirage, New Hampshire, New York, Ohio, Oklahoma, Pennsylvania, Problem gambling, Racinos, Regulation, Sheldon Adelson, Stanley Ho, Tropicana Entertainment | Comments Off on Early reckoning in Macao; Big Gaming’s growing pains

Big Brother Sheldon

Professional sourpuss Sheldon Adelson doesn’t think you should gamble … on the Internet, that is. (“In the history of bad ideas, this has to be one of the worst,” the ad glumly intones.) In Adelson’s intellectually dishonest world it’s perfectly … Continue reading

Posted in Cantor Gaming, Internet gambling, Problem gambling, Sheldon Adelson, TV | 1 Comment

Illinois: Quinn caves; Money grab in Missouri

That pesky Illinois Legislature writes up a new, gambling-expansion bill as fast as Gov. Pat Quinn (D, left) can veto the last one. Evidently worn down by long combat with lawmakers and facing a $100 million hole in the state’s … Continue reading

Posted in Ameristar, Current, Economy, Harrah's, Horseracing, Illinois, Isle of Capri, Missouri, Neil Bluhm, Penn National, Pinnacle Entertainment, Politics, Problem gambling, Racinos, Slot routes | 2 Comments

Case Bets: Binion’s redux; Dr. Doom; Everybody goes to Caesars

Today’s top story is the rumor, first aired on LasVegasAdvisor.com that Binion’s Gambling Hall & Hotel will close in July, lock, stock and million-dollar display. This dovetails with an earlier report that a detailed makeover is in the works. So … Continue reading

Posted in Architecture, Atlantic City, California, Dan Gilbert, Derek Stevens, Dining, Downtown, Economy, Harrah's, Illinois, Indiana, Internet gambling, Marketing, Massachusetts, Ohio, Oscar Goodman, Palms, Penn National, Pennsylvania, Problem gambling, Racinos, Slot routes, Taxes, Technology, Terry Caudill, The Strip, Tilman Fertitta, Tribal | 3 Comments

An indispensable man; MGM’s two-front campaign

French statesman Georges Clemenceau once dryly remarked that the cemeteries are full of indispensable men. Clemenceau’s quip obtained fresh sting this week when the gaming world lost Dr. William Eadington. The industry scholar has been struggling with cancer for a … Continue reading

Posted in Atlantic City, Boyd Gaming, Current, history, Internet gambling, Macau, Massachusetts, MGM Mirage, Pansy Ho, Penn National, Problem gambling, Regulation, Revel, Stanley Ho, Technology | Comments Off on An indispensable man; MGM’s two-front campaign

Would you trust Gary Loveman with your Social Security?

In addition to presiding over the most grotesquely indebted company — by far — in the casino industry, Caesars Entertainment CEO/President/Chairman/Pontifex Maximus/Generalissimo Gary Loveman also wants to dictate the manner in which we eke out our “golden years.” Amazingly, somebody … Continue reading

Posted in Current, Dan Gilbert, Economy, Election, Harrah's, history, International, Louisiana, Macau, MGM Mirage, Mississippi, Problem gambling, TV, Wall Street | 14 Comments

Revel: Slow learning curve ahead; Sheldon spanked in Singapore

By the time Revel CEO Kevin DeSanctis realizes he’s made a mistake, he’s almost always past the point of no return. Although it is my deeply rooted opinion that smoking is a noxious, disgusting habit that invades other people’s space, … Continue reading

Posted in Atlantic City, Cordish Co., Current, Economy, Environment, Genting, International, Maine, Marketing, Maryland, Penn National, Problem gambling, Racinos, Regulation, Revel, Sheldon Adelson, Singapore, Wall Street | Comments Off on Revel: Slow learning curve ahead; Sheldon spanked in Singapore

Sigma Derby rides again; Revel vs. Maryland Live!, Round One; Idiocy epidemic at Trump Taj

Just when it seemed hope was lost … The D is reintroducing Sigma Derby to Downtown. In one fell swoop of utter brilliance, owner Derek Stevens has staked a prohibitive claim to Gaming Executive of the Year. To be completely … Continue reading

Posted in Atlantic City, Columbia Sussex, Cordish Co., Current, Dennis Gomes, Donald Trump, Downtown, Entertainment, Harrah's, Maryland, MGM Mirage, Problem gambling, Regulation, Revel, Technology, The Strip | 5 Comments

Atlas stumbled

Warren Buffett likes to say that we’ve already had class warfare in this country and his class won. Whilst laid up, recuperating from an ill-advised meal at Mizumi, I had reason to ponder this in connection with the recent stateside … Continue reading

Posted in Archon Corp., Bally Technologies, Culinary Union, Current, Dining, Economy, Election, Internet gambling, Massachusetts, New York, Pennsylvania, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Wall Street | 7 Comments