Category Archives: Racinos

Election 2010: Around the horn

Posted on November 3, 2010 by David McKee

Let’s get to it, with some help from Wells Fargo gaming analyst Carlo Santarelli … Cordish Gaming won big in Maryland, where voters upheld an initiative to ratify the zoning of its Arundel Mills Mall casino project. Penn National Gaming, … Continue reading →

Posted in Ameristar, Bally Technologies, California, Cordish Co., Economy, Election, Harrah's, IGT, International, Iowa, Isle of Capri, Maryland, Massachusetts, Missouri, New York, Ohio, Penn National, Pennsylvania, Politics, Racinos, Tribal, Wall Street, West Virginia, WMS Industries | 3 Comments

Last-minute election tidbits: Ohio & California

Posted on November 2, 2010 by David McKee

Prospects for expansion of VLT gambling to the Buckeye State’s racetracks are looking slightly better now that Ohio Gov. Ted Strickland has inched his way back into contention with GOP rival Jon Kasich (left). The personable Kasich is a difficult … Continue reading →

Posted in California, Economy, Election, Environment, Harrah's, Ohio, Penn National, Politics, Racinos, Regulation, Sports, Station Casinos, Texas, Tribal | 6 Comments

Harrah’s to the rescue; Penn Nat’l bigfoots Maryland dispute

Posted on October 26, 2010 by David McKee

If — as appears to be the case — a deal to have Harrah’s Entertainment take over the stalled Foxwoods casino project in Philadelphia is all but done, hopefully it will render the question moot as to whether the casino … Continue reading →

Posted in Charity, Cordish Co., Current, Election, Harrah's, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Steve Wynn, Tribal | Comments Off on Harrah’s to the rescue; Penn Nat’l bigfoots Maryland dispute

Election special: What’s at stake

Posted on October 21, 2010 by David McKee

100% devoid of Nevada-related content! Leaving aside a local advisory question in Richmond, California, there are four races to watch. Voters in Maine have blown hot and cold on casinos in their state. Next month they’ll weigh in on whether … Continue reading →

Posted in Ameristar, California, Cordish Co., Election, Isle of Capri, Maryland, Missouri, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Wall Street, West Virginia | 1 Comment

Quote of the Day

Posted on October 21, 2010 by David McKee

“At each turn, our state leaders abdicated their public duty, failed to impose ethical restraints and focused on political gain at a cost of millions to New Yorkers. Shamefully, the public’s best interest was a matter of militant indifference to … Continue reading →

Posted in Genting, New York, Politics, Racinos, Regulation | Comments Off on Quote of the Day

Adelson wins twice over

Posted on October 18, 2010 by David McKee

Bowing to reality, Macao‘s government will accede to Las Vegas Sands‘ desire — and rather desperate need — for 5,000 additional guest workers in order to complete long-delayed Venetian Oriental (left). Even with an infusion of Mainland laborers, the megaresort’s … Continue reading →

Posted in Cannery Casino Resorts, Current, Don Barden, Election, Harrah's, Macau, Neil Bluhm, Pennsylvania, Politics, Racinos, Sheldon Adelson, Taxes, Tribal | Comments Off on Adelson wins twice over

Ameristar’s altruism … and so much more

Posted on October 6, 2010 by David McKee

Gaming regulators in Missouri got a little unsolicited advice from Ameristar Casinos as to where to put Casino License #13. Ameristar Vice President of Government Relations & Public Affairs Troy Stremming commissioned a study on the matter. Its shocking conclusion: … Continue reading →

Posted in Ameristar, Arizona, Atlantic City, Boyd Gaming, California, Colony Capital, Cretins, Current, Dennis Gomes, Economy, Genting, Harrah's, Horseracing, Isle of Capri, Louisiana, Macau, Marketing, MGM Mirage, Missouri, New York, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Tourism, Tribal, TV, West Virginia | 5 Comments

Musical chairs at Trump (again)

Posted on September 29, 2010 by David McKee

High-ranking executive jobs at Trump Entertainment Resorts aren’t for “lifers.” Having steered Trump through yet another bankruptcy, CEO Mark Juliano is exiting stage right, “leaving to pursue other opportunities” — the latest executive to be purged. Nobody stays long atop … Continue reading →

Posted in Alabama, Atlantic City, Cordish Co., Current, Donald Trump, Economy, Election, Harrah's, International, Isle of Capri, Kansas, Marketing, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Tourism, Transportation, Tribal | 2 Comments

Barrack 1, Bankers 0; Criminal stupidity

Posted on September 24, 2010 by David McKee

A skirmish over the fate of the Atlantic City Hilton ended in victory for Colony Capital. A Superior Court judge decided there were too many unresolved issues in the dissolution of Colony’s East Coast casino portfolio to warrant taking the … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Colony Capital, Columbia Sussex, Current, Economy, Harrah's, Horseracing, International, Lake Tahoe, Marketing, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Sports, Station Casinos, The Strip, Tilman Fertitta, Tourism, Tribal, Wall Street | 1 Comment

Fertitta to rescue A.C. Hilton?

Posted on September 22, 2010 by David McKee

Tilman Fertitta, that is. The Landry’s Restaurants CEO has sussed out a bargain on the Boardwalk, in the form of the unprofitable Atlantic City Hilton. No doubt Fertitta’s interest has not a little something to do with the fact that … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Carl Icahn, Colony Capital, Current, Dining, Downtown, Economy, Election, Harrah's, Laughlin, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tamares Group, Tilman Fertitta, Tribal, Tropicana Entertainment | 7 Comments

Off to the races

Posted on September 10, 2010 by David McKee

Several gubernatorial jousts have serious implications for casino expansion in this great U.S. of A. In Ohio, Gov. Ted Strickland (D and once tipped as a possible vice-president) is trailing former Rep. John Kasich (R), based on poll results aggregated … Continue reading →

Posted in Alabama, Atlantic City, Economy, Election, Harrah's, Iowa, Maryland, Massachusetts, Minnesota, Ohio, Penn National, Politics, Racinos, Regulation, Texas, Tribal | 1 Comment

The fiendish plot of Dr. Stanley Ho

Posted on September 7, 2010 by David McKee

Launching a frontal assault on Las Vegas Sands, archrival Sociedade de Jogos de Macau has requested that the Macanese government repatriate Sites 7 & 8 on the Cotai Strip™, and award them to — surprise! — Stanley Ho. There’s no … Continue reading →

Posted in Atlantic City, Economy, Election, Macau, Massachusetts, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Stanley Ho | 3 Comments

Early returns are in

Posted on August 26, 2010 by David McKee

Not electionwise but with regard to Penn National Gaming‘s racino in Charles Town, W.V., and its Hollywood Casino in Pennsylvania. The introduction of table games is buoying revenues nicely. The overall result in especially impressive in Charles Town. Not only … Continue reading →

Posted in Cannery Casino Resorts, Current, Harrah's, Neil Bluhm, Penn National, Pennsylvania, Racinos, Sheldon Adelson, Tribal, West Virginia | Comments Off on Early returns are in

No concord in Massachusetts

Posted on August 21, 2010 by David McKee

There won’t be casinos in Massachusetts this year and a lot of people are hopping mad. It’s understandable, given that state leaders had all the time in the world to get enabling legislation together, only to see it thwarted at … Continue reading →

Posted in Current, Economy, Massachusetts, Politics, Racinos, Tribal | 2 Comments

Suicidal in New Jersey

Posted on August 18, 2010 by David McKee

Atlantic City can just plain go to hell. That’s the message from several prominent — or simply loud — Democratic lawmakers who say Gov. Chris Christie‘s rescue plan for the city is spinach and to heck with it. Noisiest of … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Entertainment, Genting, Harrah's, Horseracing, Internet gambling, Marketing, Maryland, Minnesota, New York, Pennsylvania, Politics, Racinos, Singapore, The Strip, Tourism, Tribal, Wall Street | 2 Comments

The Summer of Love(man)

Posted on August 12, 2010 by David McKee

It may be hard to believe in retrospect, but at the time of Harrah’s Entertainment‘s LBO, some analysts thought it would be partly amortized by selling off the company’s regional properties. That prompted me to write something to the effect … Continue reading →

Posted in Atlantic City, Australia, Current, Detroit, Dining, Economy, Entertainment, Harrah's, history, Horseracing, Kansas, Marketing, Ohio, Racinos, Regulation, Station Casinos, Taxes, Tourism, Tribal, Wall Street | 2 Comments

Atlantic City: It could be worse

Posted on August 10, 2010 by David McKee

Considering that table games were up and running in Delaware and gradually rolling out in Pennsylvania, it comes as a pleasant surprise to see that Atlantic City was only down 5% in July. Frankly, I was expecting much worse, especially … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Colony Capital, Columbia Sussex, Current, Donald Trump, Economy, Entertainment, Harrah's, Horseracing, Macau, Marketing, MGM Mirage, New York, Pansy Ho, Pennsylvania, Politics, Racinos, Regulation, Technology, Tourism, Tropicana Entertainment, Wall Street | 4 Comments

Case Bets: New Jersey; A lucky guy; Genting’s good fortune

Posted on August 9, 2010 by David McKee

Garden State Gov. Chris Christie (R-N.J.) may have excluded sports betting as a new revenue source for the state’s besieged casino industry. As expected, state Sen. Raymond Lesniak (D, left) tuned the governor out and continues to pursue legalization of … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Cordish Co., Current, Donald Trump, Downtown, Economy, Genting, Harrah's, International, Macau, New York, Politics, Racinos, Regulation, Singapore, Sports, Tamares Group, Tourism | 1 Comment

East Coast winners, losers; Angle’s strange bedfellows

Posted on August 4, 2010 by David McKee

I’ve become well and truly tired of writing about Massachusetts and its political establishment’s inability to get its act together on casino legalization. Suffice it to say that with Gov. Deval Patrick and House Speaker Robert DeLeo (left) firmly entrenched … Continue reading →

Posted in Atlantic City, Current, Economy, Election, Entertainment, Harrah's, Horseracing, Massachusetts, Pennsylvania, Politics, Racinos, Sheldon Adelson | 5 Comments

Quote of the Day

Posted on August 3, 2010 by David McKee

“You know that if I walked on water, my opponents would complain that I can’ t swim.” — Gov. Deval Patrick (D-MA), who rejected a two-racino/three-casino legislative compromise, taking a hard-line stance. By letting the perfect be the enemy of … Continue reading →

Posted in Current, Massachusetts, Politics, Racinos | Comments Off on Quote of the Day