Category Archives: Sociedade de Jogos de Macau

Encore ready for its closeup; Reinventing Reno

Posted on June 19, 2019 by David McKee

“Industrial afterthought” Everett becomes home to a five-star casino-hotel starting Sunday. Encore Boston Harbor is obviously optimistic, judging by the $650/night base room rate. Of the three gambling-enabled Massachusetts locales, parent company Wynn Resorts got the plum and now it … Continue reading →

Posted in Economy, Galaxy Entertainment, Kansas, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Planet Hollywood, Reno, Sociedade de Jogos de Macau, Taxes, Wynn Resorts | Comments Off

Secret deal in Bridgeport?; Packer/Ho sale threatened

Posted on June 4, 2019 by David McKee

“There is no ‘either/or’ solution when it comes to East Windsor and Bridgeport, and we shouldn’t be playing two Connecticut communities against each other.” That’s what tribal spokesman Andrew Doba said after it was revealed that Bridgeport was flirting with Foxwoods Resort … Continue reading →

Posted in Australia, California, Cirque du Soleil, Connecticut, Crown Resorts, e-sports, Entertainment, Foxwoods, Galaxy Entertainment, Las Vegas Sands, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Pennsylvania, Regulation, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Wynn Resorts | 1 Comment

Don’t mess with the Seminoles

Posted on May 16, 2019 by David McKee

Well, the feckless Florida Lege courted disaster—and got it. The Seminole Tribe, lacking a new compact, is cutting off revenue-sharing payments to the Sunshine State. We’re talking serious dollars: $321 million last fiscal year. The Seminoles have enormous economic clout and … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Florida, Galaxy Entertainment, Greenwood Racing, Las Vegas Sands, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Penn National, Pennsylvania, Philippines, Politics, Rush Street Gaming, Seminole Tribe, Sociedade de Jogos de Macau, Sports betting, Taxes, Wall Street, Wynn Resorts | 1 Comment

The unkindest cuts of all

Posted on May 3, 2019 by David McKee

Apparently Las Vegas casinos—and specifically those of MGM Resorts International—have not learned from the ill-will generated by resort fees and paid parking. Now, as discovered by Scott Roeben, MGM is instigating an insidious “surge pricing” for sundries like water and … Continue reading →

Posted in Caesars Entertainment, Churchill Downs, Entertainment, Genting, Horseracing, Japan, Las Vegas Sands, Macau, MGM Resorts International, Resort fees, Singapore, Sociedade de Jogos de Macau, The Strip | 1 Comment

Macao: Waiting to exhale; Trump gets favorable odds

Posted on March 15, 2019 by David McKee

Macao‘s government has announced—in what is not exactly a surprise—that it will extend the MGM China and Sociedade de Jogos de Macau concessions until June 26, 2022. This not only creates a level playing field for all concessionaires, it gives … Continue reading →

Posted in Donald Trump, Economy, Election, International, Macau, MGM Resorts International, Penn National, Pennsylvania, Service, Sociedade de Jogos de Macau | Comments Off

SJM Fok-ed up; Virginia approves casinos

Posted on February 28, 2019 by David McKee

Lucina Laam may be the most important person in Macao‘s turbulent casino history. As Wife #2 of Stanley Ho she bore Daisy Ho, Pansy Ho, Lawrence Ho and two other daughters not involved in the gaming biz. Now, in an … Continue reading →

Posted in Atlantic City, Caesars Entertainment, DFS, Donald Trump, Downtown Grand, Environment, history, International, Las Vegas Sands, Lawrence Ho, Macau, Marketing, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, New York, Pansy Ho, Pennsylvania, Politics, Singapore, Sociedade de Jogos de Macau, Stanley Ho, Technology, Tribal, Virginia | Comments Off

Survey says: Las Vegas bad for NFL; Power struggle in Macao

Posted on January 28, 2019 by David McKee

Put me in the one-third of Americans surveyed who wouldn’t give up their annual bonus to see their team win the Super Bowl. That’s one of the findings of a WalletHub study that, incredibly (at least to me) ranks Las … Continue reading →

Posted in Arkansas, Caesars Entertainment, California, Entertainment, Indiana, Internet gambling, Japan, Las Vegas Raiders, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, New Jersey, Ohio, Pansy Ho, Pennsylvania, Racinos, Regulation, Rush Street Gaming, Scientific Games, Sociedade de Jogos de Macau, Sports, Sports betting, Technology, Tourism, Wall Street, Wisconsin | Comments Off

Moderate-sized trouble in Little China

Posted on December 12, 2018 by David McKee

There’s trouble ahead for Macao but the casino industry has plenty of time to brace for impact. Credit in China is down 6% year over year. As Credit Suisse analyst Cameron McKnight reports, “Weak credit data is likely to exacerbate … Continue reading →

Posted in Dining, Economy, Galaxy Entertainment, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Sociedade de Jogos de Macau, Tourism, Transportation | Comments Off

SJM: Aren’t we special?

Posted on December 11, 2018 by David McKee

Sociedade de Jogos de Macau must think it’s pretty special. While its straggling Grand Lisboa Palace will stock some table games via the ‘cap-and-trade’ formula used by other operators, it has loftily informed the press that it expects the Macao … Continue reading →

Posted in Economy, Galaxy Entertainment, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Movies, Regulation, Sheldon Adelson, Singapore, Sociedade de Jogos de Macau, Tourism, Wynn Resorts | Comments Off

Caesars hailed; Macao’s future questioned

Posted on November 15, 2018 by David McKee

Credit Suisse analyst Cameron McKnight hosted three (!) days of investor meetings with Caesars Entertainment and came away giving the company a rave review. “Management’s tone was very good, and long-only interest was high … We think CZR’s business is … Continue reading →

Posted in Arkansas, Caesars Entertainment, Economy, Horseracing, Japan, Kentucky, Macau, Mandalay Bay Massacre, New Hampshire, Politics, Racinos, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Sports betting, The Strip, Tourism, Transportation, Wall Street | Comments Off

Stasis in Missouri; Steve Wynn’s got a secret

Posted on November 13, 2018 by David McKee

Missouri casinos grossed $138 million last month, essentially flat with 2017. The big winner was Eldorado Resorts, up 19% at Lumiere Place (shown, $13 million) but 9% lower at Isle of Capri Kansas City ($5 million). Boyd Gaming had an inauspicious … Continue reading →

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Economy, Eldorado Resorts, Galaxy Entertainment, International, Iowa, Isle of Capri, Las Vegas Sands, Macau, Massachusetts, Melco Crown Entertainment, MGM Resorts International, Missouri, Penn National, Regulation, Sociedade de Jogos de Macau, Steve Wynn, Wynn Resorts | 1 Comment

New era in Macao; Joy and misery in Louisiana

Posted on October 23, 2018 by David McKee

Beginning tomorrow, travel to Macao becomes much easier, as the Zhuhai bridge connecting Hong Kong and Macao officially opens. The ribbon is cut at 9 a.m. and several bus services are at the ready to make the half-hour run, compared … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Eldorado Resorts, Galaxy Entertainment, GLPI, Isle of Capri, Las Vegas Sands, Louisiana, Macau, Marketing, Maryland, MGM Resorts International, Pinnacle Entertainment, Sociedade de Jogos de Macau, Sports, Tilman Fertitta, Tourism, Transportation | Comments Off

Atlantic City: Recovery is real

Posted on September 25, 2018 by David McKee

This week The Press of Atlantic City reported that “the number of visitors to the resort increased by more than 260,000, the casino industry employed nearly 6,700 more people and gaming revenue was up by $54.8 million.” Sounds good to … Continue reading →

Posted in Atlantic City, Bruce Deifik, Dining, Economy, Environment, Hard Rock International, Macau, Melco Resorts & Entertainment, Sociedade de Jogos de Macau | 1 Comment

Case Bets

Posted on September 12, 2018 by David McKee

Remember the XFL? NFL Europe? The USFL? Well here comes the Alliance of American Football, a springtime league with teams from Orlando to San Diego. A three-year corporate sponsor will be MGM Resorts International. We don’t often go against CEO … Continue reading →

Posted in history, Internet gambling, Las Vegas Sands, MGM Resorts International, Sociedade de Jogos de Macau, Sports, Steve Wynn, Wynn Resorts | 1 Comment

Suicide squeeze in Macao; Is Atlantic City ready for some football?

Posted on September 12, 2018 by David McKee

Most of Macao‘s casinos are playing a game of chicken with the local government, daring it to enforce its smoking ban. Only 12 of 47 casinos have installed smoking lounges. Personally, I wouldn’t want to get on the wrong side … Continue reading →

Posted in Caesars Entertainment, Environment, Hard Rock International, Harrah's, International, Internet gambling, Kentucky, Macau, Melco Resorts & Entertainment, New Jersey, Oklahoma, Politics, Problem gambling, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, Texas, Tribal, Virginia | 1 Comment

‘Net, sports betting slow to ramp in Pennsylvania; Enter the Dragons

Posted on August 20, 2018 by David McKee

Three casinos in Pennsylvania have been cleared for Internet gambling. Of the trio, tiny Mount Airy Casino may loom the largest, being affiliated with both 888 and also PokerStars, which has been having a few issues of late. (Interestingly, Presque Isle … Continue reading →

Posted in Alex Meruelo, Caesars Entertainment, Eldorado Resorts, Greenwood Racing, Internet gambling, Macau, Marketing, Pennsylvania, PokerStars, Regulation, SLS Las Vegas, Sociedade de Jogos de Macau, Sports betting, The Strip | Comments Off

Casino revenues surge (almost) everywhere

Posted on August 8, 2018 by David McKee

Maryland casino business continues to boom, up 5.5% last month. MGM National Harbor led the pack with $58 million. It will, however, be a source of dismay to ownership that play continues to trend toward highly taxed (60%) slots and … Continue reading →

Posted in Caesars Entertainment, Churchill Downs, Cordish Co., Dan Gilbert, Eldorado Resorts, Galaxy Entertainment, Golden Gaming, Las Vegas Sands, Lawrence Ho, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, West Virginia, Wynn Resorts | Comments Off

More woes for Wynn; Unlucky 13 in Macao

Posted on August 3, 2018 by David McKee

Update: All charges in this case were dismissed, as the alleged rape was found to be a fabrication. Wynn Las Vegas‘ status as the poster child for sexual assault on the Las Vegas Strip just got another boost. SoCal dentist Poria … Continue reading →

Posted in Architecture, Caesars Entertainment, Dining, Economy, Election, Georgia, Iowa, Law enforcement, Macau, Marketing, Massachusetts, Politics, Sexual misconduct, Sociedade de Jogos de Macau, Taxes, The Strip, Wall Street, Wynn Resorts | Comments Off

Sheldon’s sphere; Macao renewal delayed

Posted on July 23, 2018 by David McKee

In a wise move, Las Vegas Sands is investing $75 million in the event sphere being built behind Venelazzo by Madison Square Garden Co. By taking an equity position in the innovative venue, Sands presumably gains the potential to redeploy … Continue reading →

Posted in Architecture, Iowa, Japan, Las Vegas Sands, Macau, MGM Resorts International, Nebraska, Problem gambling, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Sports betting, The Strip, Tribal, TV | Comments Off

Sport of kings on wobbly legs; Sports betting races ahead in N.J., N.Y., flags in Pennsylvania

Posted on July 18, 2018 by David McKee

Were it not for racinos, we’d probably be talking about the sport of kings in the past tense. Handle at racetracks has fallen 50% in the last 15 years. However, slot machines have infused a billion dollars a year, keeping … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Cordish Co., DFS, Dining, Greenwood Racing, Horseracing, Internet gambling, Macau, New York, Pennsylvania, Problem gambling, Racinos, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta | 1 Comment