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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: Racinos
See Scoundrel’s and die; Caesars fumbles the ball
It’s been a long time since the Nevada Gaming Commission even suspended a license. (I believe it was dive bar Snick’s Place, back in 2009, but I could be wrong.) However, the NGC has taken back the license of Scoundrel’s … Continue reading
Posted in Derek Stevens, Dining, Downtown, Election, Harrah's, Law enforcement, MGM Mirage, New York, Racinos, Regulation, Slot routes, The Strip
1 Comment
MGM goes on the attack; Wynn’s new “masterpiece;” Isle out of Louisiana
This story pretty much writes itself. While MGM Resorts International cowboys up and makes it clear who’s sponsoring the ad — not hiding behind some phony-baloney PAC name like “Citizens for a Stronger Connecticut” — but the commercial is a … Continue reading
Cold comfort for Wynn; Nebraska racino initiative crashes and burns
As Wynn Resorts predicted in its last earnings call, it will get more table games from the Macao government after Wynn Palace opens … 50 tables, phased in over two years. That’s a pretty mingy allocation but is in line … Continue reading
Posted in Australia, Downtown, Election, Law enforcement, Macau, MGM Mirage, Nebraska, Philippines, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Technology, Wall Street
1 Comment
Indiana gamblers visit less, play more; Rude surprise at Seminole Hard Rock
Indiana casino customers visited less last month but more than made up for it with increased spending, keeping Hoosier State gaming revenues stable. That even-keel figure conceals some big swings and roundabouts at individual property. Horseshoe Hammond had an unaccountably … Continue reading
Pinnacle dominates Louisiana; Trump settles Vegas case
Pulled under by the Shreveport/Bossier City market (-6%), June gaming numbers in Louisiana came in 3% off last year’s. Pinnacle Entertainment‘s Boomtown Bossier ($5 million) far outperformed the competition, up 11%. Hardest hit were the Caesars Entertainment properties, with usually reliable … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, Culinary Union, Donald Trump, GLPI, Harrah's, Isle of Capri, Louisiana, Palms, Penn National, Pinnacle Entertainment, Racinos, Slot routes, Station Casinos, Tilman Fertitta, Tropicana Entertainment, Unite-Here
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Acrimony grows at Taj; Racism in Nebraska election race
As protests against Carl Icahn spilled over into New York City, his casino CEO, Anthony Rodio, sent ominously mixed signals about the future of Trump Taj Mahal. On the one hand, he offered a partial restoration of health benefits and … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Entertainment, Galaxy Entertainment, Iowa, Lake Tahoe, Macau, MGM Mirage, Minnesota, Nebraska, Racinos, Regulation, Tribal, Tropicana Entertainment, Unite-Here
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Shifty speculation in Massachusetts; Hoosiers spend more
Two Boston-area mayors are digging in against a slot parlor proposed for Revere. New Revere Mayor Brian Arrigo and Somerville Mayor Joseph Curtatone (below) have both voiced opposition to the project, which would be near Suffolk Downs (the ballot question is … Continue reading
Posted in Boyd Gaming, Full House Resorts, Harrah's, Horseracing, Law enforcement, Majestic Star, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Steve Wynn, Taxes, Tropicana Entertainment
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Indiana market battered; Foxwoods branches out
One less weekend of business hit Indiana casinos fairly hard last month. The state’s industry was down 7%, to $186 million. Patrons were spending more — a heartening metric — but foot traffic was off nearly 12%. However, even less … Continue reading
High-stakes legal challenge in Florida; Free-for-all in New York
A relatively obscure dispute in the Florida panhandle could have huge ramifications for the state’s casino industry. Four years ago, voters in Gadsden County approved slot machines for Gretna Racing, a joint venture of two Tallahassee lobbyists and the Poarch Bank … Continue reading
Posted in Architecture, Atlantic City, Delaware, Economy, Election, Florida, Genting, Harrah's, Horseracing, Internet gambling, MGM Mirage, Nevada, New York, Politics, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, The Strip
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Dan Lee raises Hoosier hackles; Sioux City mess not done yet
Indiana Gov. Mike Pence (R) has made it pretty clear that there aren’t going to be any new casinos on his watch, just riverboats converted to onshore facilities. Try telling that to Full House Resorts CEO Dan Lee, however. The … Continue reading
Posted in Charity, Dan Lee, Full House Resorts, Indiana, Iowa, New Hampshire, Penn National, Politics, Racinos
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Poker Stars changes Atlantic City landscape; MGM budges (slightly) on parking fees
An extra month helped Atlantic City post a banner April, up 6%. Citywide, 5% higher slot handle produced a corresponding increase in revenue, while 4.5% table-game wagering translated into 10% more winnings for the house. Borgata ($56 million) was up … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Golden Gaming, Harrah's, International, Internet gambling, Iowa, Isle of Capri, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, PokerStars, Racinos, Sports, The Strip, Tropicana Entertainment, Warner Gaming
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Warm spring for Indiana; Trouble ahead for Packer and Ho
While Illinois casinos were flat last month, the action was livelier next door in Indiana. Admissions declined 4%, meaning that players were spending 9%, as casino revenues rose 5%. The percentage champion was Tropicana Evansville, up 17% on an $11 … Continue reading
Posted in Ameristar, Boyd Gaming, Donald Trump, Full House Resorts, Harrah's, Indiana, International, James Packer, Lawrence Ho, Macau, Majestic Star, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Steve Wynn, Tropicana Entertainment, Wall Street
1 Comment
Brockton casino nixed; The sleeping tiger
An “uninspiring” design and a lack of a solid Brockton business plan scuppered Neil Bluhm‘s ambitions in Massachusetts. The state’s gaming commission voted his proposal down, 4-1. “If this were a knockout proposal and a great strategy to lift Brockton, this … Continue reading
Posted in Delaware, Economy, International, Massachusetts, Neil Bluhm, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Taxes, Tribal
2 Comments
Reversal in Jersey City; Tables buoy Pennsylvania grosses
Shoe mogul Paul Fireman‘s plan to build a $4.6 billion megaresort in Jersey City is losing the support of Mayor Steve Fulop (D). New Jersey State Building & Construction Trades Council President William T. Mullen was sent into a howl of … Continue reading
Posted in Atlantic City, California, GLPI, Greenwood Racing, Harrah's, Isle of Capri, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Politics, Racinos, Sheldon Adelson, Taxes
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Save the Riviera!; Soggy March in Louisiana; The blacklist
Local preservationist Kelden Engel is trying to fight the power. He’s seeking 51,000 qualified signatures in a petition drive to halt demolition of the Riviera, currently slated for June. Not only is he racing the clock, he may be fighting … Continue reading
Posted in Boyd Gaming, Churchill Downs, Eldorado Resorts, Environment, GLPI, Harrah's, history, Isle of Capri, Louisiana, LVCVA, Pinnacle Entertainment, Racinos, Reno, The Strip, Tropicana Entertainment, TV
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Penn talks turkey; Celebrity brawl at Aria
Next week Penn National Gaming turns on the Marquee Rewards spigot at the Tropicana Las Vegas. Given some of management’s recent disclosures, it won’t come a day too soon: 85% of Penn’s customer base comes to Sin City but stays … Continue reading
Posted in Affinity Gaming, Ameristar, Boyd Gaming, CityCenter, Cordish Co., Full House Resorts, Harrah's, Indiana, Isle of Capri, Majestic Star, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Steve Wynn, Taxes, The Strip, Tourism, Tribal, Tropicana Entertainment, Wall Street, West Virginia
1 Comment
Penn trumps Caesars in Ohio
Hard Rock Rocksino regained its top spot in Ohio last month, grossing just over $20 million (+9%). Just imagine what it could do if it had table games. The Caesars Entertainment/Dan Gilbert trifecta continued to underperform, with a flat month … Continue reading
Posted in Dan Gilbert, Hard Rock International, Harrah's, New York, Ohio, Penn National, Pinnacle Entertainment, Racinos, Taxes, Tribal, Wall Street
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Unhappy Easter in Illinois; Money-laundering mess in Sparks
Easter, if you can believe it, is being blamed for a 2% decline in Illinois casino revenues last month. Argosy Belle continued to be the problem child of the state, down 13% (to $5 million). Slot-route competition continued to do … Continue reading
Shady dealings in D.C.; New bromance between GLPI and Pinnacle
Voters in Washington, D.C., could find themselves voting on a casino initiative this November. A 9,000-square-foot gambling house has been proposed for Anacostia. It would have slots, blackjack and other table games but, strangely enough, no slots or electronic table … Continue reading
Tracks questionable in Kansas, safe in West Virginia
“Wouldn’t we just be taking money from [Kansas Star Casino] and moving it to Mr. Ruffin’s pockets?” So asked state Rep. Mark Kahrs (R) of a controversial bill to permit a Sedgwick County vote on whether to convert Phil Ruffin‘s Wichita … Continue reading
Posted in Animals, Australia, Boyd Gaming, Election, Kansas, MGM Mirage, New Hampshire, Phil Ruffin, Politics, Racinos, Slot routes, Taxes, The Strip, Tourism, West Virginia
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