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Category Archives: Regulation
See Scoundrel’s and die; Caesars fumbles the ball
It’s been a long time since the Nevada Gaming Commission even suspended a license. (I believe it was dive bar Snick’s Place, back in 2009, but I could be wrong.) However, the NGC has taken back the license of Scoundrel’s … Continue reading
Posted in Derek Stevens, Dining, Downtown, Election, Harrah's, Law enforcement, MGM Mirage, New York, Racinos, Regulation, Slot routes, The Strip
1 Comment
Lucky Dragon gets another step ahead; ETGs a hit at Sands Bethlehem
Lucky Dragon Casino is speeding to completion while Resorts Las Vegas and Alon can’t get out of the starting blocks. (Resorts World did Tweet that it had finished paving its parking garage, making it Las Vegas‘ most high-budgeted place to put … Continue reading
Steve Wynn, re-visionary; DFS in Nevada: It’s back
Evidently industry leaders are coming to terms with the fact that the go-go days when Macao was a $45 billion/year casino market are over. Steve Wynn told The Associated Press that “What took place here in previous years was an anomaly. he … Continue reading
Posted in Donald Trump, Economy, Election, Harrah's, Internet gambling, Macau, Nevada, New York, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, The Strip
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Cold comfort for Wynn; Nebraska racino initiative crashes and burns
As Wynn Resorts predicted in its last earnings call, it will get more table games from the Macao government after Wynn Palace opens … 50 tables, phased in over two years. That’s a pretty mingy allocation but is in line … Continue reading
Posted in Australia, Downtown, Election, Law enforcement, Macau, MGM Mirage, Nebraska, Philippines, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Technology, Wall Street
1 Comment
Stratosphere bucks consumer trend; New way to bet coming to Nevada
Better slot play, stronger restaurant business and greater hotel occupancy (which drove up rates) conspired to improve American Casino & Entertainment Properties‘ revenue and profitability in 2Q16. Net revenue — i.e., not profit — is on a 10-month upward roll, … Continue reading
Posted in ACEP, Animals, Boulder Strip, Laughlin, MGM Mirage, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Sports, Technology, The Strip, Tourism
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Quote of the Day
“According to the term, [Sumona] Islam is prohibited from being employed, for instance, as a custodian, at every casino within a 150-mile radius. The agreement’s prohibition of all types of employment with gaming establishments severely restricts Islam’s ability to be gainfully … Continue reading
Posted in Nevada, Regulation, Reno
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Mashpee casino blocked; Wynn: Doing more with less
Carcieri v. Salazar and the Indian Reorganization Act have come back to bite the Mashpee Wampanoag tribe in the hindquarters. U.S. District Judge William G. Young has ruled against a Taunton casino project, siding with the contention of a group … Continue reading
Posted in Boyd Gaming, Charity, Eldorado Resorts, Foxwoods, Genting, Harrah's, history, International, Internet gambling, Isle of Capri, Macau, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Regulation, Steve Wynn, Taxes, Tilman Fertitta, Tribal
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June in Vegas: The house won; Wynn gets spanked in Macao
While a 10% increase in June gambling revenues on the Las Vegas Strip fell short of some Wall Street analysts’ projections, it was a healthy month nevertheless. Slot winnings were up 10% ($253 million) on only 1% higher coin-in. Luck … Continue reading
Posted in Architecture, Boulder Strip, Downtown, Economy, Lake Tahoe, Laughlin, Macau, Nevada, North Las Vegas, Regulation, Reno, Steve Wynn, The Strip, Wall Street
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Trailer trash in Boston; New crisis looms in Atlantic City
Massachusetts lawmakers may have thought they’d settled the question of casinos in the Bay State when they voted to baptize three resorts and slot parlor. However, thanks to a ruling by state Attorney General Maura Healey, a ballot question here … Continue reading
Plainridge Park hits the one-year mark; Pennsylvania casinos spurn booze tax
Recording its first anniversary with a reported $160 million in revenue, against projections closer to $300 million, is Penn National Gaming‘s Plainridge Park a dud? Not so fast. The casino reports the highest win/slot/day by far of any casino for … Continue reading
Posted in Atlantic City, Boyd Gaming, Election, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Pennsylvania, PokerStars, Regulation, Revel, Rhode Island, Sheldon Adelson, Steve Wynn, Taxes, Tribal
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Wynn Boston Harbor a ‘go’; Caesars’ big score
Depending on how peevish Somerville Mayor Joseph Curtatone is feeling, groundbreaking on Wynn Boston Harbor could be a week away. Wynn Resorts‘ acknowledgement of its latest victory contained just a hint of battle fatigue, saying the rejection of Curtatone’s arguments “hopefully … Continue reading
Posted in California, Dining, Environment, Florida, Genting, Harrah's, International, Internet gambling, Massachusetts, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism
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Tomato King gets squashed; California, the wild, wild west of gambling
So much for Lawrence Downs Casino & Racing Resort. In a unanimous vote, the Pennsylvania Gaming Control Board decided to drop-kick the casino project, which had already lost the backing of Penn National Gaming, which has racino interests nearby in Ohio. What seems … Continue reading
Posted in California, Dan Gilbert, Election, Geoff Freeman, Law enforcement, Macau, Ohio, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Sports, Tomato King Procacci
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Straub’s empty bluster; Cantor gets smacked
Some people either put up or shut up. Glenn Straub can’t put up and won’t shut up. His latest brush with the news pages is his welshing on a bet with Bart Blatstein that the latter couldn’t open the Showboat … Continue reading
Posted in Atlantic City, Cantor Gaming, Donald Trump, Glenn Straub, Regulation, Revel, Sports
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Tribal gaming reaches new high; New concept for Railroad Pass
Last year was the best ever for tribal casinos, up 5% from 2014, coming in just a bit shy of $30 billion. Recent efforts to align tribal and private-sector casino interests come at a time when the tribal sector could … Continue reading
Posted in Architecture, Dubai, Economy, Election, Indiana, Kazuo Okada, Macau, MGM Mirage, Mississippi, Nebraska, Philippines, Regulation, Transportation, Tribal, Tropicana Entertainment
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Big win for Wynn; Entertainer gets shrunken head
It’s never too late to count out litigious Somerville Mayor Joseph Curtatone but it looks like Wynn Boston Harbor may finally be inevitable. The casino project received a development permit from the Massachusetts Department of Environmental Protection. Sore losers Mohegan … Continue reading
Posted in Atlantic City, Entertainment, Iowa, Louisiana, Macau, Massachusetts, Mohegan Sun, Regulation, Steve Wynn, Transportation, Tropicana Entertainment, Unite-Here
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Station goes to Reno; Tohono O’odham trip themselves up
Continuing its sudden flurry of activity, Station Casinos is reviving its dormant Reno-area aspirations. The company is acting on its eight-acre parcel opposite the Reno-Sparks Convention Center, a strategic location if ever there were one. The $50 million-$70 million project … Continue reading
Posted in Arizona, Massachusetts, Pennsylvania, Regulation, Reno, Sports, Station Casinos, Tribal, Wall Street
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Acrimony grows at Taj; Racism in Nebraska election race
As protests against Carl Icahn spilled over into New York City, his casino CEO, Anthony Rodio, sent ominously mixed signals about the future of Trump Taj Mahal. On the one hand, he offered a partial restoration of health benefits and … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Entertainment, Galaxy Entertainment, Iowa, Lake Tahoe, Macau, MGM Mirage, Minnesota, Nebraska, Racinos, Regulation, Tribal, Tropicana Entertainment, Unite-Here
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“Baz” in my bonnet; Moulin Rouge back in play
Palazzo is currently hosting the second coming of Baz: Star-Crossed Love, a song-and-dance mishmash of iconic moments from such Baz Luhrmann epics as Gatsby, Moulin Rouge and Romeo + Juliet. (What, nothing from Australia? Awwwww.) There’s even a passing nod … Continue reading
Posted in Downtown, Entertainment, Moulin Rouge, Movies, Regulation, Sheldon Adelson, The Strip
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Lean June in Atlantic City; Respect for the riff raff
Just when it should have been booming with the summer season, Atlantic City casino revenue fell 4% — $197.5 million — although online casino revenues rose 41% (to $16 million). Resorts Digital — aka PokerStars — is still bringing up the … Continue reading
Posted in Atlantic City, Boyd Gaming, Harrah's, International, Internet gambling, Marketing, Mohegan Sun, PokerStars, Regulation, Tilman Fertitta, Tropicana Entertainment
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Poker hands across the ocean; New offer in Caesars bankruptcy
Spurning Nevada and Delaware, the state of New Jersey is exploring an online-poker compact with the United Kingdom. The deal, if consummated, would allow the two entities to share players and liquidity. “Even when you discount children and non-gamblers, it gives … Continue reading
Posted in Atlantic City, Glenn Straub, Harrah's, International, Internet gambling, Iowa, MGM Mirage, Regulation, Revel, Technology, The Strip, Transportation, Warner Gaming
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