Category Archives: Sexual misconduct

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 | Comments Off on Wynn zapped again; Canada boosts DraftKings

Murren sacked

MGM Resorts International canned CEO Jim Murren yesterday, while nobody was looking, promoting Bill Hornbuckle acting CEO and president. Hornbuckle should have been Murren’s heir apparent but the exiled CEO had preferred to go on a candidate search. MGM explained … Continue reading

Posted in Caesars Entertainment, CityCenter, Donald Trump, Health, history, International, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, Phil Ruffin, Sexual misconduct, The Strip | 2 Comments

Reeg savages Caesars; Catskills rescue plan

Having rashly committed $500 million in reinvestments to the Louisiana market (he’ll have to build whole new casinos to spend that much), Eldorado Resorts CEO Tom Reeg has to make those forfeited savings back somewhere. Potential sales of Caesars Entertainment‘s … Continue reading

Posted in Alaska, Animals, Caesars Entertainment, Conventions, Donald Trump, Economy, Eldorado Resorts, Election, Entertainment, Foxwoods, Genting, Internet gambling, Japan, Las Vegas Sands, Lotteries, Louisiana, Marketing, Massachusetts, New Jersey, New York, Planet Hollywood, Resorts World LV, Sexual misconduct, Sports betting, The Rio, The Strip | 1 Comment

Packer’s pickle; Sands, MGM, Wynn lauded

Crown Resorts, under investigation in New South Wales, evidently decided it could no longer afford to half-ass it without a CEO (a position that had gone unfilled for three years) and elevated CFO Ken Barton to the job. Congratulations … … Continue reading

Posted in Indiana, James Packer, Japan, Las Vegas Sands, Law enforcement, Macau, Mandalay Bay Massacre, Melco Resorts & Entertainment, MGM Resorts International, Sexual misconduct, Sheldon Adelson, Stanley Ho, Wynn Resorts | Comments Off on Packer’s pickle; Sands, MGM, Wynn lauded

Atlantic City impresses; MGM plays lacrosse

In a de facto win for Atlantic City, gaming revenue held steady in December, despite one less weekend day to bring in the gamblers. The Garden State also closed out the year with over $4.5 billion in sports-betting handle, economic … Continue reading

Posted in Atlantic City, Caesars Entertainment, Culinary Union, DraftKings, Eldorado Resorts, Election, FanDuel, Hard Rock International, Internet gambling, Massachusetts, MGM Resorts International, Mohegan Sun, Movies, Ocean Resort, Scott Butera, Sexual misconduct, Sports, Sports betting, Tilman Fertitta | 3 Comments

Stitt escalates Oklahoma conflict; The new N-word

Oklahoma Gov. Kevin Stitt‘s jihad against the state’s gaming tribes has claimed its first casualty. Secretary of Native American Affairs Lisa Billy resigned, writing that the governor was “committed to an unnecessary conflict … [You have] remained intent on breaking faith with them,” … Continue reading

Posted in Churchill Downs, Connecticut, Genting, Hooters, International, Las Vegas Raiders, Marketing, Massachusetts, Movies, New York, Oklahoma, Problem gambling, Sexual misconduct, Sports, Sports betting, Taxes, Tribal, TV, Wynn Resorts | Comments Off on Stitt escalates Oklahoma conflict; The new N-word

Georgia solons mull gambling; DraftKings’ big deal

“I do think there’s momentum for something to happen this session,” state Sen. Brandon Beach (R, below) said of legalizing gambling in Georgia, although solons remain undecided on whether to add sports betting to the package they’ll be proposing. “We … Continue reading

Posted in California, DraftKings, Economy, Entertainment, Georgia, Horseracing, Iowa, Massachusetts, Michigan, Nebraska, Neil Bluhm, Politics, Racinos, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Tribal, Wall Street | Comments Off on Georgia solons mull gambling; DraftKings’ big deal

China’s credit bubble; Ocean Resort’s secret formula

China gamblers may be playing today at the expense of tomorrow. Bloomberg reports that Generation Z is borrowing heavily in high-interest debt to fuel its consumerism, a phenomenon that should be of concern in Macao. “Household debt hit levels of … Continue reading

Posted in Atlantic City, Boyd Gaming, China, Culinary Union, DraftKings, Economy, Eldorado Resorts, Internet gambling, Louisiana, Macau, Massachusetts, MGM Resorts International, New Hampshire, Ocean Resort, Oklahoma, Regulation, Scott Butera, Sexual misconduct, Sports betting, Station Casinos, Steve Wynn, Tribal, Wynn Resorts | 1 Comment

Louisiana stagnant, Michigan a sports-betting go

An extra weekend day didn’t do bupkis for Louisiana, where November gaming revenues ($205 million) were flat with last year’s. The good news is that Baton Rouge, so troubled a market, was incrementally higher than in 2018. Eldorado Resorts‘ Belle … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, China, Churchill Downs, Detroit, Economy, Eldorado Resorts, GLPI, Indiana, Internet gambling, Louisiana, Macau, Michigan, Movies, New Jersey, Penn National, Pennsylvania, Sexual misconduct, Sports betting, Taxes, Tilman Fertitta, Tribal, Wall Street | Comments Off on Louisiana stagnant, Michigan a sports-betting go

Penn a solid bet; New Year’s Eve in Vegas could be better

Penn National Gaming got a rave review from J.P. Morgan gaming analyst Joseph Greff, who wrote that ” we continue to believe PENN offers a favorable risk/reward with an attractive valuation.” Strong fundamentals in the regional-gaming sphere were cited, as … Continue reading

Posted in Entertainment, Japan, Massachusetts, Missouri, Nevada, Ohio, Penn National, Pinnacle Entertainment, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Taxes, The Strip, Wall Street, Wynn Resorts | 2 Comments

Duterte socks it to casinos; Sports betting battle in California

This is an effective promotional tool. Why aren’t other companies doing it? (We’re looking at you, Caesars Entertainment.) * Philippine strongman Rodrigo Duterte is punching out at Philippines offshore gaming operators (POGOs) over delinquent taxes. He asserted that they had paid … Continue reading

Posted in California, Cosmopolitan, DraftKings, Economy, FanDuel, Galaxy Entertainment, Genting, Hard Rock International, International, Internet gambling, MGM Resorts International, Mohegan Sun, Nevada, Philippines, Politics, Regulation, Sexual misconduct, Sports betting, The Rio, The Strip, Tribal | Comments Off on Duterte socks it to casinos; Sports betting battle in California

Wynn writes $20M check; Japan wants your winnings

Settlement of a shareholder lawsuit against Wynn Resorts will be covered in large part by Steve Wynn himself, paying $20 million, with insurers chipping in $21 million. The suit accused the Wynn Resorts board of directors of complicity in Steve … Continue reading

Posted in China, Economy, Environment, Japan, Macau, Problem gambling, Sexual misconduct, Steve Wynn, Taxes, Wynn Resorts | Comments Off on Wynn writes $20M check; Japan wants your winnings

Scientific fluent in Chinese; William Hill seeks new horizons

It’s not just for China anymore. Scientific Games is reporting success with its Chinese-themed slots, including in North America. Yes, games with titles like Jin Ji Bao Xi, which doesn’t exactly roll off the tongue but is gaining traction with slot players worldwide. “If … Continue reading

Posted in Cantor Gaming, China, Economy, Environment, Florida, International, Internet gambling, Japan, Macau, MGM Resorts International, Movies, Nevada, North Carolina, Pennsylvania, Philippines, Regulation, Scientific Games, Sexual misconduct, Sports, Sports betting, Technology, The Strip, Tourism, Tribal, Virginia, William Hill | Comments Off on Scientific fluent in Chinese; William Hill seeks new horizons

Sports betting burgeons in Pennsylvania

Pennsylvania sports-betting handle was $241 million last month, which translated into $19 million in revenue (a quarter of which promptly went to the state). Mobile wagering accounted for $199 million or 82% of the wagering, up from 65% last July. “Most encouraging … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, DraftKings, Eldorado Resorts, Environment, FanDuel, Greenwood Racing, Illinois, Law enforcement, Michigan, Mississippi, Mohegan Sun, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Sexual misconduct, South Dakota, Sports, Sports betting, Tribal, Twin River, Wall Street, Wynn Resorts | Comments Off on Sports betting burgeons in Pennsylvania

Wynn: Elaine did me dirty; New Jersey rakes it in

On the principle that two wrongs make a right, disgraced casino mogul Steve Wynn is accusing ex-wife Elaine Wynn of stirring up the Wall Street Journal story that ended his career. This comes by way of testimony by one Renée … Continue reading

Posted in Architecture, Culinary Union, e-sports, Elaine Wynn, Election, Florida, Hard Rock International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Nevada, New Jersey, New York, Politics, Resort fees, Sexual misconduct, Sports betting, Stanley Ho, Station Casinos, Steve Wynn, Taxes, Technology, Tribal, Wisconsin, Wynn Resorts | 1 Comment

Choo-choo to Springfield; Penn hawks Trop

Don’t despair, MGM Springfield. There’s hope yet. Massachusetts politicians are touting the idea of high-speed rail between Boston and Springfield, as many as six rides per day. (Springfield currently must get by with once-a-day Amtrak service.) Gov. Charlie Baker (R) … Continue reading

Posted in China, Connecticut, Donald Trump, Downtown, Election, Foxwoods, Indiana, Louisiana, Maine, Massachusetts, MGM Resorts International, Mohegan Sun, New Hampshire, Penn National, Pennsylvania, Rhode Island, Sexual misconduct, Sheldon Adelson, Sports betting, The Strip, Transportation, TV, Twin River, Wynn Resorts | Comments Off on Choo-choo to Springfield; Penn hawks Trop

Air guitar; Forgiveness urged for Steve Wynn

The much-anticipated opening of Hard Rock International‘s guitar-shaped hotel-casino in Hollywood, Florida, drew celebrities from Hollywood, California (Johnny Depp), as well as ones who would attend the opening of an eyelid (Kim Kardashian). Hard Rock hopes to recreate the iconic … Continue reading

Posted in Architecture, Australia, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, Florida, Genting, Hard Rock International, Hooters, Illinois, International, Japan, Massachusetts, MGM Resorts International, Mississippi, Nevada, New York, Politics, Regulation, Rush Street Gaming, Scott Butera, Sexual misconduct, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts | 1 Comment

Oklahoma, tribes ready to talk; Don’t geofence me in

Oct. 28 is the date appointed for Oklahoma gaming tribes to meet with Attorney General Mike Hunter and find out just what Gov. Kevin Stitt (R) wants from them. As one chief put it, “We’re anxiously awaiting what their proposal is.” … Continue reading

Posted in Caesars Entertainment, Colorado, Dan Lee, DFS, Election, Full House Resorts, G2E, Genting, history, Indiana, Las Vegas Sands, Marketing, MGM Resorts International, Oklahoma, Oregon, Regulation, Sexual misconduct, Singapore, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts | 1 Comment

Quote of the Day

“Boston will not invest in companies led by people who treat women like commodities. Reports of Ken Fisher’s comments and poor judgment are incredibly disturbing.”—Boston Mayor Martin Walsh (D), yanking $248 million in pension funds from Fisher Investments, due to Ken … Continue reading

Posted in Cretins, Massachusetts, Sexual misconduct, Wall Street | Comments Off on Quote of the Day

Steve Wynn, get lost

Steve Wynn thinks he’s above the Nevada Gaming Control Board. Perhaps he still imagines himself to be “the most powerful man in Nevada.” Either way, he failed to show up for an NGCB hearing on September 7, 2018, showing his … Continue reading

Posted in Australia, China, e-sports, Environment, Japan, MGM Resorts International, Oregon, Politics, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Tribal, TV, Wynn Resorts | 1 Comment