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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
Illinois’ suicide pact; Donald Trump, freeloader
Whether you spent Memorial Day grilling some bratwurst or, like me, crawling around with Murphy’s Oil Soap and a cleaning cloth, we did no harm. That can’t be said for the Illinois House of Representatives, which opened a can of … Continue reading
Posted in Bally Technologies, Current, Donald Trump, Economy, Horseracing, IGT, Illinois, Indiana, Iowa, Missouri, Penn National, Politics, Racinos, Regulation, Slot routes, Taxes, The Strip, WMS Industries
3 Comments
Quote of the Day
“[That’s] like saying that a third of the houses available are vacant, but let’s help the economy by building more houses.” — Illinois Casino Gaming Association Executive Director Tom Swoik, testifying against a bill that would more than double the … Continue reading
Trump’d and skunked
Having predicted from Moment One that Donald Trump‘s TV ratings stunt masquerading as a presidential campaign was a traveshamockery and nothing less, please forgive me if I take one more victory lap, courtesy of Lawrence O’Donnell. The MSNBC pundit, who … Continue reading
Posted in Donald Trump, Economy, Election, Florida, International, Phil Ruffin, Politics, Racinos, Sheldon Adelson, The Strip, TV
1 Comment
This won’t play in Vegas; Second wind for Sands
Steve Wynn is singing his “we’re a Chinese company” refrain again. This never goes over well on the home front when he does it and his threat to move corporate HQ to Macao was met with a general chorus of, … Continue reading
Posted in Florida, Harrah's, International, Macau, Massachusetts, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Wall Street
4 Comments
Kasich’s sneaky “juice job”
This just in (thanks in large part to a timely Tweet from Howard Stutz of the Review-Journal) … One of Ohio Gov. John Kasich‘s costly casino consultants just got caught with its hand in the cookie jar. While Kasich piously … Continue reading
Posted in Current, Economy, Harrah's, Ohio, Penn National, Politics, Racinos, Regulation
2 Comments
John Kasich, casino killer
Aw, isn’t this great? After Gov. John Kasich (R-OH) made the ludicrous claim that Ohio voters didn’t know what they were getting into when they approved a casino initiative in 2008, his legislative allies are trying to up the ante. … Continue reading
Posted in Current, Economy, Election, Harrah's, history, Kentucky, Lyle Berman, MGM Mirage, Ohio, Penn National, Politics, Racinos, Regulation, Taxes, The Strip, Tribal, TV, Wall Street
6 Comments
Nazarian totally busted …
… by Chuck Monster, who’s learned that SBE Entertainment‘s deal with MGM Resorts International includes dumping the Club Sahara loyalty program database into the lion’s “low roller walled garden,” Circus Circus Players Club. Which is pretty much what S&G expected … Continue reading
Blockbuster month in Pennsylvania; Resurgence in Atlantic City; Douchebag of the Decade
You want good news? We’ve got your good news right here: Casino revenues in Pennsylvania rocketed 24% last month. (35% if you include SugarHouse but that’s an apples-to-oranges metric.) Since, on a same-store basis, slot winnings were just slightly down, … Continue reading
Fire sale in Vicksburg; Win or loss for Gettysburg?
Update: An earlier version contained a gross error/AARP moment on Yr. Humble Blogger’s part. I have amended the story so that it contains greater “factiness.” Also, fellow Canadian firm Gateway Casinos is the likely operator-to-be. In a curt announcement, Tropicana … Continue reading
At the winner is … Isle of Capri; Big shakedown in Ohio
That ongoing Isle of Capri Casinos Comeback Tour comes to Nemacolin Woodlands Resort, which won Pennsylvania‘s final “resort casino” license earlier today. Situated in the greater Pittsburgh area, the rural getaway is owned by lumber tycoon (and “george” political donor) … Continue reading
Posted in Economy, Election, Harrah's, Isle of Capri, M Resort, Maryland, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Taxes, TV, Wall Street, West Virginia
6 Comments
Caught between a skank and a Hard Rock; Kasich vs. casinos
Morgans Hotel Group may have skedaddled out of Las Vegas, tail firmly between legs, but it’s not free of trouble linked to its calamitous Sin City sojourn. During Morgans stewardship of the Hard Rock Hotel & Casino, it offered $300,000 … Continue reading
Marriott moots LV casino
Offering Sin City a slim reed of hope, Marriott International has let it be known — through “trailer station” operator United Coin — that it hopes to build a 3,500-room casino-hotel directly opposite the Las Vegas Convention Center. Considering the … Continue reading
Posted in Colony Capital, Current, Florida, Harrah's, history, LVCVA, Mississippi, Politics, Racinos, Regulation, Taxes, The Strip, Tribal
5 Comments
Florida rejects Adelson; Mixed signals from Cosmo; Station’s quixotic quest
It’s all over — until 2012, anyway — for Sheldon Adelson‘s heavy-handed push to ram a set of “destination resorts” through the Florida Legislature. A poison-pill amendment, attached at the behest of parimutuels, would let existing slot houses go to … Continue reading
Posted in Boulder Strip, CityCenter, Cosmopolitan, Current, Economy, Entertainment, Florida, International, Macau, North Las Vegas, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal, Wall Street
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From the mailbag
Today’s “Question of the Day” about the future of the Sahara Hotel & Casino‘s monorail stop (and, by extension, the future of the Las Vegas Monorail itself) provoked a long and thoughtful response from an S&G reader. (By the way, … Continue reading
Posted in Alex Yemenidjian, Arizona, California, Cannery Casino Resorts, Current, Downtown, Pennsylvania, Racinos, Sahara, The Strip, Tourism, Transportation
Comments Off on From the mailbag
Gimme, Gimme, Gimme
… some money after midnight: Evidently it’s not enough that gaming revenues and other casino-related retail taxes underwrite the State of Nevada. Lawmakers would extend a grubby mitt into the casino kitty and scoop up any unclaimed moolah. “[W]hy does … Continue reading
Posted in ABBA, Cretins, Current, Donald Trump, Economy, Election, Horseracing, Louisiana, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Texas, TV, Wall Street
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Packer packs it in; Lights out at Resorts A.C.
James Packer‘s had enough of the U.S. casino market. While not definitively ruling out a return to the American gaming industry, the minority owner of Cannery Casino Resorts makes it clear that he’s neither the stomach nor the lucre for … Continue reading
Adelson hits Florida speed bump
Gov. Rick Scott‘s big — and rather sudden — push to bring (more) private-sector casinos to Florida has run into a road block. The governor’s Tea Party base, of all people, is throwing up opposition … and not for the … Continue reading
Posted in Atlantic City, Current, Genting, Horseracing, Isle of Capri, Minnesota, Mississippi, New York, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Tourism, Tribal
5 Comments
Good news from an unexpected source
Atlantic City hit the big 3-0 in February: 30 straight months on revenue declivity, says J.P. Morgan (31, according to Wells Fargo). However, the rate of decline (1.4%) was the smallest since April of last year. With Genting Bhd‘s racino … Continue reading
Warm February in Philly; “Lion King” hungry
After a pretty lackluster January, gaming revenues in Pennsylvania bounced back at the slots. The statewide February average was a 10% increase year/year, with Sands Bethlehem right on that button ($22 million) and Harrah’s Chester Downs down 2% ($24 million). … Continue reading