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Category Archives: Regulation
Massachusetts: Victory in Leominster; Mazer makes waves
Cordish Gaming crushed the opposition in Leominster yesterday, winning approval for a slot parlor with 61% of the vote. The campaign was notable for the personal participation of David Cordish, who went door-to-door to drum up support. The whippet-thin senior … Continue reading
Quote of the Day
“The gambling industry now finds itself at El Dorado’s doorstep. And the governor tells us not to worry. He is righteous, and the industry will be carefully regulated.” — the New York Times’ Michael Powell, weighing in with high, Victorian … Continue reading
Posted in Genting, Horseracing, New York, Racinos, Regulation
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Slow going in Massachusetts
If you’ve been following developments in the Bay State, you’ll have noticed casino developers coming right down to the wire in negotiating host community agreements. That leaves them precious little time for
Posted in Current, Hard Rock International, Massachusetts, Mohegan Sun, Regulation
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Setback for New Jersey; Doom for Mathis; Tribal magic
Federal judges gave the boot to the Garden State’s attempt to enter the mega-lucrative sports betting market. A subset of the Third Circuit of the U.S. Court of Appeals upheld a reading of the Professional & Amateur Sports Betting Act … Continue reading
Posted in Atlantic City, Florida, Internet gambling, Oklahoma, Regulation, Tribal
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This is a joke, right?
Joseph “Tomato King” Procacci‘s casino bid in Philadelphia is fast becoming the clown car at the circus. Every time he opens its door, a zillion putty-nosed faces come tumbling out. His newest gambit has been to announce a vast theme … Continue reading
Posted in Atlantic City, Donald Trump, Economy, Foxwoods, Mohegan Sun, Pennsylvania, Regulation, Tomato King Procacci
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Trouble in another paradise; Sheldon’s sex shoppe
Overruling Massachusetts Attorney General Martha Coakley (D), a Bay State court has issued an injunction allow signature-gatherers to keep collecting voters’ John Hancocks on a petition to repeal 2011’s casino-enabling legislation. Considering the land purchases, to say nothing of the … Continue reading
Posted in Current, Entertainment, Massachusetts, New Hampshire, Pennsylvania, Politics, Regulation, Rhode Island, Sheldon Adelson, Steve Wynn, The Strip
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Motivated in Massachusetts; Naked at Horseshoe
If there’s anything to be learned from this week’s Hard Rock International face-plant in West Springfield, it’s not to take anything for granted. HRI made the mistake of believing its own poll, indeed, venerating it like holy writ, and got a … Continue reading
Posted in Dining, Foxwoods, Hard Rock International, Harrah's, Louisiana, Massachusetts, Regulation, The Strip, Tribal
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Next Stop: Sri Lanka; Terra incognita
Launching a pre-emptive strike on the Indian subcontinent, the government of Sri Lanka has gone into casino gambling in a big way. It’s approved a $350 million “mixed development” (that’s what casino-hotels are called over there) by James Packer‘s Crown … Continue reading
Posted in Bally Technologies, IGT, International, Internet gambling, James Packer, Phil Ruffin, Regulation, Scientific Games, Taxes, Wall Street
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Massachusetts: One win, one loss, one surrender
In a real shocker, residents of West Springfield rejected Hard Rock International — and $18 million a year. Local media obligingly regurgitated over and over again Hard Rock-sourced poll numbers that showed the casino eking out a narrow win. When … Continue reading
Posted in Current, Hard Rock International, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Regulation
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Upturn in Illinois, blindsided in Indiana
Could we finally be seeing “green shoots” in Illinois, up 5% last month? Maybe, although such recovery as there was consisted of the force that is Rivers Casino, up 36%. Penn National Gaming‘s three casinos posted a feeble $29 million, … Continue reading
Posted in Current, Economy, Harrah's, Illinois, Indiana, MGM Mirage, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment, Racinos, Regulation, Slot routes, Wall Street
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Lady Unlucky; Struggling in Ohio; Big deal at MTR
Isle of Capri Casinos appears to have laid an egg with Lady Luck Casino at Nemacolin Woodlands Resort and is now having to lay off 15% of the workforce. Much of the blame properly goes with the State of Pennsylvania‘s … Continue reading
Posted in Economy, Harrah's, Isle of Capri, MTR Gaming, Ohio, Penn National, Pennsylvania, Racinos, Regulation
1 Comment
Boston capitulates, Wynn wins (for now)
It was eyeball-to-eyeball and Boston Mayor Thomas Menino just blinked. Threatened with the termination of Steve Wynn‘s Everett project were Boston to be deemed a host community, Menino’s administration folded like a pup tent. “Based on the new information provided … Continue reading
Posted in Current, Harrah's, Massachusetts, Penn National, Racinos, Regulation, Steve Wynn
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Beantown Brawl: Wynn vs. Menino
It wasn’t exactly a Profile in Courage day for the Massachusetts Gaming Commission yesterday. It told the cities of Everett and Boston to work out their feud over a proposed Steve Wynn casino between themselves. Now what do you think … Continue reading
Massachusetts: Carlino’s Way
Penn National Gaming‘s bid to get into Massachusetts is taking a turn for the bizarre. In a surrealistic proposal, it has taken out an option to buy on Plainridge Race Course. But … the option is condition on Penn being … Continue reading
Posted in Harrah's, Massachusetts, Mohegan Sun, Penn National, Racinos, Regulation
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“George” deal for Palmer; Resorts World in peril; Walker’s fan dance
Mohegan Sun ran out its host-community agreement with Palmer and it’s pretty clear that no expense will be spared to close the deal, either now or in a couple of months at the ballot box. The Mohegans are promising the … Continue reading
Posted in Genting, Horseracing, Illinois, Massachusetts, MGM Mirage, Mohegan Sun, New York, Racinos, Regulation, Taxes, Tribal, Wisconsin
1 Comment
Paging King Solomon
In Wisconsin, Gov. Scott Walker (R) finds himself conducting a tricky balancing act vis-a-vis tribal casino expansion. It’s difficult to decide whether he’s showing restraint or hiding under the mattress. You can make the case for both conclusions. He doesn’t … Continue reading
Suffolk Downs a near-done deal
Boston has reached an agreement with the owners of Suffolk Downs. It would be the most “george” deal in eastern Massachusetts. Where Foxwoods Massachusetts would pony up $18 million in advance, Caesars Entertainment and Richard Fields offer $33 million, along … Continue reading
Posted in Current, Foxwoods, Harrah's, Massachusetts, Regulation, Steve Wynn
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How much sin in Sin City is too much?; Woe and Ho
Wearing a strap-on dildo seems to be the outer limit of decency in Las Vegas. Any casino that hosts a nightclub is playing with fire to some extent but Las Vegas Sands well and truly burned its fingers with The … Continue reading
Posted in Current, Harrah's, International, Macau, Ohio, Penn National, Planet Hollywood, Regulation, Sheldon Adelson, Stanley Ho, The Strip
2 Comments
Case Bets: Seneca scandal; Atlantic City brings on the girls; Still no help for Mashpee
Well, that didn’t take long. Scarcely was the ink dry on New York Gov. Andrew Cuomo‘s deal with the state’s gaming-enabled tribes than the Seneca Indian Nation stepped right into a scandal. $5 million of an $8 million development deal … Continue reading
Posted in Atlantic City, Entertainment, Foxwoods, Massachusetts, Mohegan Sun, New York, Pennsylvania, Regulation, Sports, Steve Wynn, The Strip, Tribal, Trump Entertainment Resorts
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Atlantic City: Half-full or half-empty?; Crosby tips his hand
It depends on which newspaper you read. The Press of Atlantic City took the half-full route, focusing on the profits made by eight of the city’s dozen casinos. The Associated Press pointed to the narrowing margin of aforesaid gross-operating profitability. … Continue reading
