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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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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: Problem gambling
Busy week for MGM; Adelson’s grim prognosis
Congratulations to MGM Resorts International on becoming the official casino sponsor of the Boston Red Sox (known around my house as “the Evil Empire”). I’m not sure how I feel about the MGM logo going up on the Green Monster, … Continue reading
Posted in Atlantic City, Baseball, Eldorado Resorts, history, Horseracing, Internet gambling, Japan, Las Vegas Sands, Laughlin, Massachusetts, MGM Resorts International, Michigan, Mississippi, Politics, Problem gambling, Real Estate, Regulation, Security, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Taxes, Technology, Tribal, Tropicana Entertainment, William Hill
1 Comment
Danger, Will Robinson!
At a time when states are suing the Trump administration to preserve their online lotteries, a Florida legislator is moving in the opposite direction. State Rep. Will Robinson has introduced a bill that would permit only in-person sales of Florida … Continue reading
Posted in California, Florida, Internet gambling, Nevada, New Hampshire, New Mexico, Politics, Problem gambling, Regulation, Texas
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A tale of two Fertittas
Golden Nugget owner Tilman Fertitta is facing trouble close to home. $30.5 million in liens have been levied for unpaid work done at $400 million The Post Oak hotel in Houston. Like Sheldon Adelson, Fertitta blames the primary contractor and … Continue reading
Posted in AGA, Derek Stevens, Downtown, Economy, GLPI, Louisiana, MGM Resorts International, Palms, Problem gambling, Reno, Sports, Station Casinos, Texas, Tilman Fertitta, Wall Street
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Sports books take Super Bowl hit
With 75% of bettors wagering on the New England Patriots, plus a “george” 53-1 side bet for in-store credit, FanDuel got taken to the woodshed during Super Bowl LIII, losing $5 million. “All of this combined to leave New England as … Continue reading
Posted in Architecture, Arizona, Economy, Genting, Illinois, Las Vegas Sands, Marketing, New Jersey, Politics, Problem gambling, Resort fees, Singapore, Sports betting, Taxes, Texas
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Cuomo bets on sports; Resorts World LV disowns own designs
It looks as though New York State will split the baby on sports wagering: Casino-based betting in 2019, mobile wagering in 2022. Gov. Andrew Cuomo (D) has baked what Credit Suisse analyst Cameron McKnight calls “a small amount of sports … Continue reading
Posted in Architecture, Baseball, DFS, Genting, New Jersey, New York, Problem gambling, Sports betting, The Strip, Wall Street, William Hill, Wynn Resorts
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Sports betting gearing up in Pennsylvania; Downtown Grand expands
It will be all systems ‘go’ for sports betting at Parx Casino tomorrow if the casino successfully completes a test run today. This would make Parx the fourth Pennsylvania casino to offer sports wagering, preceded by Hollywood Casino, near Harrisburg, Rivers … Continue reading
Posted in Downtown, Downtown Grand, Genting, Greenwood Racing, International, Midnight Jim Gibbons, New Jersey, Penn National, Pets, Problem gambling, Rush Street Gaming, Sports, Sports betting
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New strategy at Ocean Resort; What’s in your wallet?
Stuck in last place in the Atlantic City casino scene, Ocean Resort is going to try a new tack by supersizing its entertainment lineup, in what as described as a “cutthroat Atlantic City nightlife market.” Performers booked for Ocean’s 5,500-seat concert … Continue reading
Posted in Atlantic City, Bruce Deifik, Dan Gilbert, Entertainment, Hard Rock International, International, Iowa, Ohio, Problem gambling, Warner Gaming
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Vegas ranks high for New Year’s Eve; MGM Springfield initiates bus service
WalletHub is out with a New Year’s Eve survey that ranks Las Vegas as the fifth-best city in which to celebrate the holiday, New York City (of course) led the list, followed by Los Angeles, Atlanta (see, we need casinos … Continue reading
Posted in Atlantic City, California, Connecticut, Foxwoods, Georgia, Japan, Lawrence Ho, Marketing, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, New Hampshire, New York, Philippines, Problem gambling, Reno, Sports, The Strip, Transportation, Tribal
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Quote of the Day
“Protecting vulnerable consumers is our prime concern, and it must be the priority for gambling operators too. There are robust requirements to safeguard players and prevent money-laundering which all businesses must adhere to if they wish to operate in the British … Continue reading
Posted in International, Internet gambling, Problem gambling, Regulation
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CG Technology avoids death penalty; SoCal: The wrath of Kahn
$1.75 million was the magic number to get CG Technology out of detention with the Nevada Gaming Commission. In addition, $250,000 will be laid on the Nevada Council for Problem Gambling, a settlement provision we can totally get behind. It … Continue reading
Posted in California, Cantor Gaming, CityCenter, Environment, Macau, MGM Resorts International, Nevada, Problem gambling, Regulation, The Strip, Tourism, Tribal, Wynn Resorts
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CG Technology in peril; Big first for New Mexico
GC Technology (formerly Cantor Gaming) hopes it can mollify the wrath of the Nevada Gaming Control Board with a $1.75 million settlement offer. CG is a repeat offender in the Silver State, which means that all options are on the table, … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Cantor Gaming, Cosmopolitan, Dining, Hard Rock Hotel, Internet gambling, Las Vegas Sands, M Resort, MGM Resorts International, Mississippi, New Mexico, Palms, Penn National, Problem gambling, Regulation, Sports, Sports betting, Station Casinos, The Strip, Tribal
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Rodio rebounds; Philly casino kaput
That was quick. Affinity Gaming made room in the CEO’s office in order to give the job to Tony Rodio. Newly unemployed, Tropicana Entertainment having been dissolved into Eldorado Resorts, Rodio wasn’t on the bread line for long. Rodio had … Continue reading
MGM Springfield disappoints; Ruffin makes peace
Publicizing revenue expectations is a dangerous thing. Just ask the four new casinos in upstate New York. Or Bruce Deifik in Atlantic City. When you don’t make your number (the dreaded Penn National Effect) it opens you up for no … Continue reading
Posted in Charity, Connecticut, Culinary Union, International, Law enforcement, Macau, Massachusetts, MGM Resorts International, Penn National, Phil Ruffin, Problem gambling, Rhode Island, The Strip
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Florida amendment fading; Wynn Boston Harbor widens its appeal
All of Disney Worldwide Services‘ horses and all of the Seminole Tribes‘s men may not be able to get Humpty Dumpty, er, Amendment 3 past the ballot box. The amendment, which would make gaming expansion subject to direct popular vote, … Continue reading
Posted in Architecture, Dining, Election, Entertainment, Florida, International, Internet gambling, Massachusetts, Problem gambling, Regulation, Seminole Tribe, Wynn Resorts
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Talking Stick mystery solved, sorta
Talking Stick is finally speaking, after having kept mum about a power failure that kept the casino closed for over a month and cost it god knows how many millions in revenue. It will reopen on Sept. 24 and promotions … Continue reading
Posted in Arizona, Caesars Entertainment, Churchill Downs, Entertainment, Indiana, Japan, Kentucky, Nevada, Problem gambling, Regulation, Technology, Tribal, Wynn Resorts
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Suicide squeeze in Macao; Is Atlantic City ready for some football?
Most of Macao‘s casinos are playing a game of chicken with the local government, daring it to enforce its smoking ban. Only 12 of 47 casinos have installed smoking lounges. Personally, I wouldn’t want to get on the wrong side … Continue reading
Posted in Caesars Entertainment, Environment, Hard Rock International, Harrah's, International, Internet gambling, Kentucky, Macau, Melco Resorts & Entertainment, New Jersey, Oklahoma, Politics, Problem gambling, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, Texas, Tribal, Virginia
1 Comment
Good news, big and small
Last year, commercial casino revenues topped $40 billion for the first time ever, maxing out at $40.3 billion. States with casinos will be happy campers, as that windfall meant $9.2 billion in gambling taxes. The revenue surge was 3.5% according … Continue reading
Posted in Economy, Internet gambling, Macau, Maryland, New York, Problem gambling, Tribal, Washington State, West Virginia, Wynn Resorts
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When in Rome …
… don’t advertise sports betting. Actually you can’t, thanks to a new “Dignity Decree” that was the first priority of Prime Minister Giuseppe Conte‘s right-wing government. The provocation was a proliferation of gaming advertising during Italy‘s World Cup games. As a … Continue reading
Posted in Arizona, Australia, Baseball, Boyd Gaming, California, Eldorado Resorts, Environment, International, Marketing, Nevada, Penn National, Politics, Problem gambling, Regulation, Sports, Sports betting, Station Casinos, Tribal, TV, Wall Street
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Sheldon’s sphere; Macao renewal delayed
In a wise move, Las Vegas Sands is investing $75 million in the event sphere being built behind Venelazzo by Madison Square Garden Co. By taking an equity position in the innovative venue, Sands presumably gains the potential to redeploy … Continue reading
Posted in Architecture, Iowa, Japan, Las Vegas Sands, Macau, MGM Resorts International, Nebraska, Problem gambling, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Sports betting, The Strip, Tribal, TV
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Sport of kings on wobbly legs; Sports betting races ahead in N.J., N.Y., flags in Pennsylvania
Were it not for racinos, we’d probably be talking about the sport of kings in the past tense. Handle at racetracks has fallen 50% in the last 15 years. However, slot machines have infused a billion dollars a year, keeping … Continue reading
Posted in Atlantic City, Caesars Entertainment, Cordish Co., DFS, Dining, Greenwood Racing, Horseracing, Internet gambling, Macau, New York, Pennsylvania, Problem gambling, Racinos, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta
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