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Category Archives: Regulation
Ground broken for Connecticut casino; Big Brother is watching you in Japan
In a damn-the-torpedoes move, Foxwoods Resort Casino and Mohegan Sun leaders moved forward with demolition of the cineplex that will give way to a satellite casino in East Windsor. Although only 100 people showed up for the event, spirits were … Continue reading
Pot comes to casinos, sorta; Terrible February in Illinois
In a deft bit of regulatory jujitsu, the Nevada Gaming Association has ruled that casinos can hold marijuana-related conferences, provided that they refrain from doing business with the marijuana industry (a somewhat vague directive, admittedly) nor directly involve themselves in … Continue reading
Posted in Boyd Gaming, California, Environment, Hard Rock International, Illinois, Marijuana, Marketing, MGM Mirage, Nevada, Ohio, Penn National, Regulation
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MGM Cotai plays to mixed reviews; Puzzling Pennsylvania strategies
“Vital in terms of the process of concession renewal,” is how MGM China CEO Grant Bowie described new, $3.4 billion MGM Cotai. The megaresort opened a year behind schedule but MGM undoubtedly hopes Macao authorities overlook that an focus instead … Continue reading
Posted in e-sports, Entertainment, Foxwoods, Greenwood Racing, Internet gambling, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, Wall Street, Wynn Resorts
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Maddox: Stand by my man
Steve Wynn disgusts me so much that I want to pack it in. His latest stratagem, faced with police reports, is a time-honored [sic] one: Blame the victim. Wynn sent a spokesman out to say the mogul “has never been supplied … Continue reading
Wynn: It gets worse; More changes for Palms
Steve Wynn may have left Wynn Resorts but the collateral damage keeps careening about like a ricocheting bullet. Yesterday The Associated Press got a hold of two police reports filed against the mogul. The more explosive of the two alleges that … Continue reading
Posted in Architecture, Dining, Downtown, Eldorado Resorts, Illinois, Marketing, Massachusetts, MGM Mirage, Palms, Regulation, Reno, Sexual misconduct, Station Casinos, Steve Wynn, Steven Witkoff, The Strip, Wall Street, Wynn Resorts
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Hard Rock makes sweeping pledge; Wynn dodges a bullet
Having expanded the old Trump Taj Mahal concert venue by over 25%, Hard Rock International is promising the Boardwalk “more live music than Atlantic City has ever seen.” We’re talking 200 live events in Year One. “When’s the first time someone has … Continue reading
Adelson subsidizes foreign policy; Packer’s comeback
Sheldon Adelson‘s at it again. This time, in the cause of escalating Mideast tensions, he’s putting his money where his mouth is. The toupee-crowned supermogul is reported to be offering to foot the bill for at least some of a … Continue reading
Posted in Alex Meruelo, Atlantic City, Australia, Donald Trump, Glenn Straub, Greenwood Racing, Hard Rock International, International, Internet gambling, James Packer, Lucky Dragon, Macau, Melco Crown Entertainment, Ohio, Pennsylvania, Politics, Regulation, Revel, Sheldon Adelson, Sports, Steve Wynn, The Crown 18, The Strip
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Caesars takes the lead; Fortune Cup comes to Vegas
In the wake of yet another senseless mass shooting, Caesars Entertainment is making guest security a priority (not to imply that it wasn’t earlier). From now on, Caesars security personnel will be empowered to enter guest rooms once every 24 hours, … Continue reading
MGM wins race in Macao; Wynn complaints proliferate
Whew! For a while it was looking as though MGM Grand Cotai wouldn’t make it out of the starting blocks in time for Chinese New Year. However, the megaresort opened yesterday, with room to spare before the all-important holiday. Architecturally … Continue reading
Posted in Economy, history, Illinois, Indiana, Kentucky, Macau, Massachusetts, MGM Mirage, Missouri, Ohio, Politics, Regulation, Sexual misconduct, Steve Wynn, West Virginia, Wynn Resorts
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MGM’s sincerity challenged; Probe continues at Wynncore
“Is this legislature capable of setting a course and sticking with it?” That’s the very legitimate question posed by the editorial board of The Day, with regard to the Lege’s rather addled behavior on whether to stand by the satellite casino … Continue reading
Posted in Election, Foxwoods, Hard Rock International, Harrah's, International, Japan, Macau, MGM Mirage, Mohegan Sun, Politics, Regulation, Sexual misconduct, Singapore, Taxes, Wynn Resorts
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Wynn: What’s in a brand?
More than the trouble (and cost) it takes to replace it, experts conclude. Another reason for keeping the founder’s name on Wynn Resorts is one that he would not find flattering: “I think the impact on Wynn Resorts will be short-lived, … Continue reading
Posted in Atlantic City, Charity, Cretins, Donald Trump, Genting, Japan, Marketing, Massachusetts, Politics, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wall Street, Wynn Resorts
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Life after Wynn
There may not be much, according to a feature in the New York Times. Wall Street analysts are already circling Wynn Resorts like buzzards. “Elvis has left the building. Mr. Wynn’s value to the company is unarguably profound as its chief visionary … Continue reading
Wynn: “The End of an Era”
That’s how Deutsche Bank analyst Carlo Santarelli headlined his investor note alerting stockholders to the news that Wynn Resorts CEO/Chairman Steve Wynn has opted to step down. One can only speculate, but Carrie Geer Thevenot‘s long-buried Las Vegas Review-Journal report … Continue reading
Posted in Current, George Maloof, history, Macau, Massachusetts, Nevada, Regulation, Sexual misconduct, Sheldon Adelson, Steve Wynn, Wall Street
5 Comments
Steve Wynn makes his case; Gambling stalemate in Florida
It’s no longer enough for employees of Wynn Resorts to reflect well upon the company. No, now Steve Wynn wants their gratitude. His confidential pep rallies have had all the watertight integrity of a colander. By reminding workers that the … Continue reading
Posted in California, Detroit, DFS, Dining, Donald Trump, Election, Entertainment, Florida, Galaxy Entertainment, Genting, Harrah's, Internet gambling, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Movies, Politics, Regulation, Seminole Tribe, Sexual misconduct, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street
1 Comment
Wynn in a corner; Delaware may cut racinos some slack
Things have gotten so bad for Steve Wynn that he’s been reduced to asking his employees to support him in Sexgate. “In a family, people look after each other … They take care of the people they serve” he said, a … Continue reading
Wynn’s disgrace continues; Robots overthrow Las Vegas
It’s getting to the point that one wishes Steve Wynn would just go away quietly and take the saga of his sagging, septuagenarian genitals with him. But the news is rarely convenient like that. Fox News is reporting that the … Continue reading
Posted in Colony Capital, Economy, GLPI, history, Illinois, Iowa, Massachusetts, Regulation, Steve Wynn, Technology, Unite-Here
3 Comments
New investigation of Wynn; Eldorado on the prowl
After several days of uncertainty, it’s definitive: The Nevada Gaming Control Board will investigate the allegations of sex abuse against Steve Wynn. In the past the NGCB has been only too willing to look the other way when prominent Nevada … Continue reading
Posted in Atlantic City, Colorado, Downtown, Eldorado Resorts, Entertainment, Florida, history, Isle of Capri, Louisiana, Macau, Massachusetts, Mississippi, Missouri, Regulation, Reno, Sexual misconduct, Station Casinos, Steve Wynn, Wall Street
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Wynn loses big-time
Since the Wall Street Journal broke the cone of silence around Steve Wynn‘s sex life, shares of WYNN have fallen 19%. That means that the Wynn Resorts CEO is $463 million the poorer, being so heavily invested in his own … Continue reading
Posted in Donald Trump, Macau, Massachusetts, Minnesota, Politics, Regulation, Sexual misconduct, Steve Wynn
1 Comment
MGM Cotai gets rave review; Cracking the Millennial code
MGM Grand Cotai continues to miss opening deadlines, the latest obstacle being the government’s continued failure to issue a hotel license. “The licence application for the opening of the five-star hotel MGM Cotai and establishments inside the property is still … Continue reading
Posted in Architecture, CityCenter, Genting, Golden Gaming, Harrah's, Macau, Marketing, MGM Mirage, New York, Regulation, Technology, TV
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Wynn: The fallout
It’s still early in the apparent downfall of Steve Wynn but already there’s heated pressure being put on both Democrats and Republicans to disown his largesse. Rep. Karen Handel (R) was out in front, giving $2,700 Wynnbucks to “a charity in … Continue reading
Posted in Architecture, Donald Trump, Galaxy Entertainment, Japan, Macau, Massachusetts, Nevada, Politics, Regulation, Sheldon Adelson, Steve Wynn, Wall Street
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