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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,667 views
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Category Archives: Racinos
Case Bets: Sands, Caesars, Boyd, MGM & Wynn
After blowing a half-million dollars on lobbying in Massachusetts, cantankerous casino owner Sheldon Adelson took his ball and went home, as reported earlier. Las Vegas Sands‘ rather weak excuse: “[Boston] didn’t synch up with our business model.” Sands fails to … Continue reading
Boyd takes Peninsula, punts Echelon (again)
Ever since a highly quixotic and even nonsensical attempt to take over most of Station Casinos, the cards have been played very, very close to the vest at Boyd Gaming. However, like another second-tier major, Ameristar Casinos, it’s showing renewed … Continue reading
Internet gambling: It’s here, deal with it; Another delay in Massachusetts
It’s ironic that Sheldon Adelson is expending so much lungpower and cash to try and block federal legitimization of Internet poker and possibly other games. Washington has been left in the dust by individual states and, if it did try … Continue reading
Tropicana Toronto? CityCentre? Horseshoe Etobicoke?
There’s a dark horse in the race for a Toronto megaresort … very dark. It’s Onex Corp., known to you and me as the owner of the Tropicana Las Vegas. Onex subsidiary Casino ABS owns four of the largest casinos … Continue reading
Posted in Alex Yemenidjian, Current, Economy, Election, Harrah's, Horseracing, International, Kansas, Macau, Maryland, MGM Mirage, Midnight Jim Gibbons, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism, Wall Street
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Canada to Caesars: “Bonehead!”; What’s (hidden) in a logo?
You can’t ask for a better diagnosis of what might be loosely called Caesars Entertainment‘s business plan than this anonymous comment from a Las Vegas Review-Journal reader: “Right now, their strategy for getting out of the hole appears to be … Continue reading
Posted in Economy, Harrah's, history, Horseracing, International, Marketing, MGM Mirage, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, The Strip
3 Comments
Jersey voters jeer ‘Net bets; A friend in high places
“We’ve never been this close to Internet gaming. We’ve talked about it for 10 years. And we’re closer than ever to sports betting. It certainly takes New Jersey outside traditional gaming and puts us at the forefront of the initiatives … Continue reading
Posted in Ameristar, Atlantic City, CityCenter, Current, Election, Internet gambling, Massachusetts, Politics, Racinos, Revel, Tourism
2 Comments
Lovemania comes to Cleveland
Looking like death warmed over, Caesars Entertainment CEO Gary Loveman took time from promoting the opening of Horseshoe Cleveland to try and spin the unloading of Harrah’s Maryland Heights as another brilliant masterstroke, rather than more evidence of the shambles … Continue reading
Posted in Atlantic City, Colony Capital, Columbia Sussex, Current, Dan Gilbert, Economy, Florida, Harry Reid, Marketing, Maryland, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pennsylvania, Racinos, Wall Street
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Revel: Can’t drive 55?; Another setback in Massachusetts
Revel, the new, $2.4 billion casino on the Boardwalk has been conducting a sort of “stealth opening,” conducting a two-month-plus dry run. Along with the stealth opening come what you might call “stealth revenues”: $13 million-plus in its first full … Continue reading
Beaten in Beantown: Steve Wynn calls it quits
Just like that, another Las Vegas casino heavyweight has hit the canvas in Massachusetts. Election results in Foxborough spelled doom for Steve Wynn‘s proposed resort (below) and neither he nor New England Patriots owner Robert Kraft wasted any time throwing … Continue reading
Posted in Current, Election, Harrah's, Massachusetts, MGM Mirage, Pennsylvania, Racinos, Regulation, Sports, Steve Wynn, Tribal
3 Comments
St. Louis: Penn in, Harrah’s out
A ways back, the news broke that Caesars Entertainment — being well and truly on its uppers — was trying to shop as many as 10 Southern and Midwest casinos. The goal was to raise at least $500 million to … Continue reading
Posted in Ameristar, Atlantic City, Current, Election, Florida, Harrah's, Illinois, International, Iowa, Marketing, Maryland, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Steve Wynn, Taxes, The Strip, Tribal, Wall Street
4 Comments
Lies, damned lies and Illinois statistics; SJM: Still hanging in there
If state Rep. Lou Lang (D), the economic Rasputin of the upper Midwest, and his allies in the horsey set were actually conspiring to topple Illinois‘ casino industry in favor of quick-and-dirty racinos, they’ve done it cunningly. Frontal attacks on … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Economy, Harrah's, Horseracing, Illinois, Indiana, Iowa, Macau, MGM Mirage, Missouri, Neil Bluhm, Penn National, Politics, Racinos, Slot routes, Stanley Ho, Wall Street
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New York State of mind; Atlantic City peace of mind; O’Shea’s, a piece of …
If the question of casino expansion were put to Empire State voters this November, the outcome would probably be adverse. That’s the conclusion of a Benenson Group survey. If the fact that Benenson is President Barack Obama‘s pollster of preference … Continue reading
Posted in Election, Entertainment, Genting, Harrah's, Internet gambling, MGM Mirage, Midnight Jim Gibbons, New York, Politics, Racinos, Regulation, Sheldon Adelson, Taxes, Technology, The Strip, Tourism
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Big Brother is triangulating you; Dark days for LVH, Riv; Pinnacle’s Lone Star play
Just to make sure you’re not piggybacking onto its mobile-gambling systems, Cantor Gaming is partnering with Locaid to provide “geo-fencing” for its pocket casinos, which can now be played damn near anywhere on a casino property. (The real endgame, however, … Continue reading
Wall Street to Boyd: “Bleah!”; Blood & Gore
It was a thankless day for Boyd Gaming: It exceeded Wall Street‘s expectations for 1Q12 and stock analysts yawned in the company’s face. Wrote Deutsche Bank‘s Carlo Santarelli, “the fundamental setup … remains tough,” due to a highly competitive locals … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Dennis Gomes, Downtown, Economy, Goldman Sachs, Harrah's, Louisiana, Mississippi, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Wall Street
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Maryland accord totters; Massachusetts cities get testy
Never say “never” but a pet casino project of Maryland Senate President Thomas V. “Mike” Miller Jr. is in critical condition. The sweetheart deal, which would gift-wrap a casino for National Harbor in Miller’s Prince George’s County (in return for … Continue reading
Posted in Current, Economy, Harrah's, Maryland, Massachusetts, Penn National, Politics, Racinos, Regulation, Reno, Steve Wynn
1 Comment
Penn, Vegas to GSA: Thank you!; What price Victorville?
With so many fine hotels to choose from in Las Vegas, it’s no wonder that it took disgraced General Services Administration Regional Commissioner Jeffrey Neely no fewer than eight ‘fact-finding’ missions at a cost of $130,000 (or $16,250 per vacation … Continue reading
Posted in Ameristar, Cordish Co., Current, Economy, Entertainment, Hard Rock Hotel, Harrah's, Harry Reid, Illinois, International, Isle of Capri, Kansas, Maryland, Missouri, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Technology, The Strip, Tourism, Transportation, TV, Wall Street, Warner Gaming
1 Comment
Investor Week: The slot makers speak; More Ohio expansion
Themes! Themes! Themes! That was the promise made by WMS Industries, which plans to introduce no fewer than 55 of them between now and year’s end. I’d thought we were past the era in which slot manufacturers indiscriminately licensed every … Continue reading
Posted in Atlantic City, Bally Technologies, Cordish Co., Current, Economy, Election, Entertainment, Harrah's, IGT, Illinois, International, Internet gambling, Macau, Maryland, Ohio, Penn National, Racinos, Regulation, Sheldon Adelson, Shuffle Master, Slot routes, Technology, Wall Street, WMS Industries
1 Comment
Putting the cart before the racino; Men of eXit
VLTs in Ohio are still being litigated but MTR Gaming is rushing in where major operators fear to tread. It’s already begun conversion of Scioto Downs Casino & Racetrack to a 2,100-machine racino. The nomenclature is a bit premature but … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Downtown, Entertainment, Harrah's, Hooters, Isle of Capri, Ohio, Penn National, Racinos, Regulation, Tamares Group, Tropicana Entertainment
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