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- David McKee on You can’t fix stupid; Good-bad news on the bayou
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- 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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Category Archives: Regulation
Strip sux but locals steadfast; Virgin LV loses its virginity
Things simply have to get better on the Las Vegas Strip. Not even a Feb. 15 capacity increase saved some casinos from perdition. Let’s hope February represented a bottoming-out of gaming revenues, as tourists starting flocking back this month. Strip … Continue reading
Posted in Architecture, Boulder Strip, Boyd Gaming, Caesars Entertainment, California, Dining, Downtown Grand, Economy, Entertainment, Illinois, Internet gambling, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, MGM Resorts International, Michigan, North Las Vegas, Penn National, Pennsylvania, PokerStars, Regulation, Reno, Technology, The Strip, Virgin Hotels, Wendover
1 Comment
Packer out, Blackstone in at Crown?
Cosmopolitan of Las Vegas owner Blackstone Group threw a lifeline to troubled Crown Resorts, in the form of a $6.2 billion buyout offer. The rope comes with a substantial string attached—Australian regulators must preserve the (sleazy) Crown casino licenses. Without … Continue reading
Posted in Australia, Caesars Entertainment, Connecticut, Crown Resorts, Dining, Diversity, Economy, Entertainment, Foxwoods, Golden Nugget, Greenwood Racing, Indiana, James Packer, Las Vegas Sands, Louisiana, Melco Resorts & Entertainment, Money laundering, Pennsylvania, Regulation, The Strip, Virginia, Wynn Resorts
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Bailout for Tilman; Casinos to the Big Apple; Mega-Jottings
It was a $6.6 billion rescue package that Golden Nugget CEO Tilman Fertitta received, in the form of a merger with FAST Acquisition. Fertitta’s been hard up for cash and forks over a portion of his casino empire in return … Continue reading
Posted in Architecture, Atlantic City, Caesars Entertainment, Colorado, Dining, Economy, Entertainment, Florida, Full House Resorts, Golden Nugget, Hard Rock International, Internet gambling, Las Vegas Sands, Law enforcement, Marketing, Minnesota, Mississippi, Nebraska, New York, North Carolina, Racinos, Real Estate, Regulation, Sports betting, Tamares Group, The Strip, Tilman Fertitta, Tribal, TV, Wall Street
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Profile in cowardice; Sheldon Adelson’s ghost
We were sure this was a story from The Onion or the Babylon Bee but, no, it’s really a thing. Rodney Baker has resigned as CEO of Great Canadian Gaming Corp. after bringing disgrace upon it with a vaccination caper … Continue reading
Posted in Architecture, Boulder Strip, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, Cretins, Culinary Union, DraftKings, FanDuel, Health, Illinois, Indiana, Law enforcement, MGM Resorts International, PointsBet, Politics, Regulation, Sheldon Adelson, Sports, Sports betting, Tennessee, Tribal, Wall Street, William Hill, Wynn Resorts
2 Comments
Adelson rolling in grave; Police blotter
It’s a good thing Sheldon Adelson didn’t live to see this. The First Circuit Court of Appeals quashed a 2019 reinterpretation of the Federal Wire Act by the Justice Department, one that broadly applied it to Internet gambling. The federal … Continue reading
Posted in Cosmopolitan, Donald Trump, Economy, Hard Rock International, Harry Reid, Health, Indiana, Internet gambling, Las Vegas Sands, Law enforcement, Michigan, Nevada, New Hampshire, New York, PointsBet, Politics, Regulation, Sheldon Adelson, Spectacle Entertainment, Sports betting, Taxes
1 Comment
Flynt winning in California; Caesars S.I. to Cherokee?
Larry Flynt continues to be the de facto leader of California‘s card room industry. He’s fighting in court against a Golden State law that prevents card room owners from holding stakes in out-of-state casinos. (Flynt in Las Vegas? Imagine!) When … Continue reading
Quote of the Day
“Some of the restrictions make sense and others, well, let’s just say they are ill-conceived. The fact that restaurants and bars are still being hit with arbitrary and capricious restrictions is maddening, especially when visiting retail stores and seeing how … Continue reading
Posted in Dining, Health, Regulation
1 Comment
Adelson, Packer canoodle & other news
While America burns, Sheldon Adelson is fiddling in the French Caribbean, aboard his mega-luxury yacht. The vessel was moored next to that of James Packer, who welcomed Adelson as guest for his lavish New Year’s Eve celebration. This meeting of … Continue reading
Posted in Arizona, China, Crown Resorts, Detroit, Dining, Economy, Hawaii, Health, International, Internet gambling, Iowa, James Packer, Japan, Las Vegas Sands, Law enforcement, Macau, MGM Resorts International, Michigan, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, South Dakota, Taxes, Tribal, Virginia
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Circa debut boosts Downtown; Lots of moving, shaking predicted for ’21
Although casinos across the nation have been swooning in November, results in Nevada—which we feared would take it worse than average—were in line with national trends, a victory of sorts. Statewide, gaming win fell 18% and the Las Vegas Strip, … Continue reading
Posted in Boulder Strip, Boyd Gaming, Caesars Entertainment, Cirque du Soleil, Derek Stevens, Dotty's, Downtown, Economy, Failsinos, Fontainebleau, GLPI, Internet gambling, Lake Tahoe, Las Vegas Sands, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Palms, Planet Hollywood, Regulation, Reno, Resorts World LV, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Station Casinos, The Rio, The Strip, Virgin Hotels, Wendover, William Hill
2 Comments
Green Christmas; Raiders vindicate oddsmakers, enrage fans
In Las Vegas over Christmas with nothing to do? Try playing the Megabucks slot machines at Suncoast. That’s what “Kevin” (no last name given) did on Christmas Eve and soon found himself $15,491,103 richer—at least until the IRS gets into … Continue reading
Posted in Boyd Gaming, Hawaii, history, IGT, Las Vegas Raiders, Politics, Regulation, Sports, Sports betting, Tourism
1 Comment
Wynn zapped again; Canada boosts DraftKings
“Most of the time we can’t even be honest with ourselves.”—The Commoner in Akira Kurosawa‘s Rashomon. If at first they don’t give you a casino in Massachusetts, litigate. And when that doesn’t work, re-litigate. That’s what pouting Suffolk Downs owner … Continue reading
Posted in Atlantic City, Canada, DraftKings, Economy, Election, Las Vegas Raiders, Massachusetts, MGM Resorts International, Mohegan Sun, Pets, Politics, Regulation, Sexual misconduct, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Texas, Wall Street, Wynn Resorts
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Biden, vaccine give tourism hope; Cirque du Soleil in crisis
With as many as three Covid-19 vaccines on the way (Pfizer‘s seems to be the favorite horse in the race) and a new presidency two months away, things are looking up, according to people in the tourism industry. “I honestly … Continue reading
Uneasy lies the head that wears Crown; IGT’s cautious future
Executives at Crown Resorts had better rethink that scheme to buy Sheldon Adelson‘s Las Vegas assets. The company, which has played fast and loose with money-laundering rules, has been provisionally denied permission to open its multibillion-dollar casino in Sydney. Regulators … Continue reading
Horseplay in Massachusetts and Monday mega-jottings
At age 86, horse owner Armand Janjigian is as alive and kicking as the thoroughbreds he wants to race in Massachusetts. No, he doesn’t have a track but he’s busily snapping up land for one. He’s also going to need … Continue reading
Posted in California, Card rooms, Churchill Downs, Crown Resorts, Detroit, DFS, DraftKings, Economy, Election, FanDuel, Galaxy Entertainment, Golden Nugget, Health, Horseracing, Illinois, International, Japan, Las Vegas Raiders, Las Vegas Sands, Lotteries, Macau, Massachusetts, MGM Resorts International, Nebraska, New York, Penn National, Politics, Racinos, Regulation, Scientific Games, Sports, Sports betting, Taxes, The Strip, Tourism, Wall Street, Wynn Resorts
2 Comments
Atlantic City looking good but casinos gripe
An extra weekend in October was just what the doctors ordered for Atlantic City, where casino revenues were down just 8% last month, while sports betting surged 26%. Casinos took in $186 million and sports books $58.5 million. Internet gambling … Continue reading