Category Archives: Sociedade de Jogos de Macau

Overexposed in Macao; Hard Rock firing on all cylinders

Posted on June 19, 2018 by David McKee

If you’re a Wynn Resorts shareholder and you’re following rising trade tensions with China, you’ve a right to be nervous. Wynn derives 69% of its revenue from Macao, giving a certain truth to Steve Wynn‘s old quote that “We’re really … Continue reading →

Posted in Architecture, Atlantic City, Dining, Donald Trump, Economy, Florida, Hard Rock International, Harrah's, Japan, Lawrence Ho, Macau, MGM Mirage, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wynn Resorts | Comments Off

Caesars agreement OK’d; New focus for Hard Rock

Posted on June 18, 2018 by David McKee

It’s official: Workers at Caesars Entertainment have approved a new collective-bargaining agreement, one that includes (unspecified) pay increases and a succession clause to protect jobs in the (unlikely) event Caesars sells its Las Vegas Strip properties to another operator. Details of … Continue reading →

Posted in Culinary Union, Fontainebleau, Foxwoods, Genting, Hard Rock Hotel, Harrah's, MGM Mirage, Mohegan Sun, Sociedade de Jogos de Macau, Stanley Ho, Wall Street | 1 Comment

New Jersey ready for action; Strip club upstages Hard Rock

Posted on June 13, 2018 by David McKee

New Jersey Gov. Phil Murphy (D) still plans to place his first sports wager at Monmouth Park tomorrow but Borgata is trying to crash the party. The megaresort issued a statement saying “we are moving ahead with all possible speed … Continue reading →

Posted in Atlantic City, Delaware, Hard Rock International, Illinois, International, Internet gambling, Macau, Massachusetts, MGM Mirage, Mississippi, Nevada, Pennsylvania, Racinos, Sociedade de Jogos de Macau, Sports, Stanley Ho, Taxes, The Strip, Tilman Fertitta, Tourism, West Virginia, Wynn Resorts | 1 Comment

Churchill Downs hearts casinos; Cleveland still not rocking

Posted on June 8, 2018 by David McKee

Churchill Downs is going all-in on sports betting, planning to leverage its (soon-to-be) access to the Pennsylvania and Mississippi markets, plus its relationship with the Golden Nugget in Atlantic City. However, the sky-high tax rate (34%) in Pennsylvania may translate … Continue reading →

Posted in Atlantic City, Churchill Downs, Dan Gilbert, Eldorado Resorts, GLPI, Hard Rock International, International, Kentucky, Law enforcement, Macau, MGM Mirage, Mississippi, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sociedade de Jogos de Macau, Sports, Taxes, Wall Street | Comments Off

Let them skate; Sheldon’s new brainstorm

Posted on May 22, 2018 by David McKee

Nevada State Treasurer Dan Schwartz, the man who would be governor, is a refreshingly impolitic and heterodoxical candidate. He’s made a frequent campaign point that the Silver State has the worst schools in the nation and needs to re-orient its … Continue reading →

Posted in Architecture, e-sports, Election, Macau, Marketing, Melco Resorts & Entertainment, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Sports, Taxes, The Strip, Wynn Resorts | Comments Off

“Ready to roll”

Posted on May 18, 2018 by David McKee

That’s what the leading gaming powers in California are now that the Supreme Court has scotched the Bradley Act. If National Indian Gaming Association Chairman Ernest Stevens is correct, Internet gaming is so yesterday in the Golden State and sports … Continue reading →

Posted in California, DFS, Election, International, Japan, Lawrence Ho, Macau, Melco Resorts & Entertainment, Politics, Sociedade de Jogos de Macau, Sports, Taxes, Technology, Tribal, Wynn Resorts | Comments Off

Ohio good, Maryland better; The mystery of Carrot Top

Posted on May 8, 2018 by David McKee

Last month found the State of Maryland in good health when it came to gaming revenue, up 6%. Most of this was driven — one is tempted to say “of course” — by MGM National Harbor, vaulting 15.5% for an … Continue reading →

Posted in Churchill Downs, Cordish Co., Dan Gilbert, Economy, Eldorado Resorts, Entertainment, Environment, GLPI, Hard Rock International, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, The Strip, Transportation, West Virginia | Comments Off

Las Vegas numbers perplex; Macao shatters expectations

Posted on May 4, 2018 by David McKee

While Las Vegas, as mentioned earlier, is slogging through a 10-month visitation slump, you wouldn’t know it from March’s gaming-revenue numbers, which were 9% higher on the Las Vegas Strip ($574 million), although locals casinos took a 5% hit. Deutsche … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Colorado, Delaware, Downtown, Economy, Eldorado Resorts, Entertainment, Florida, Galaxy Entertainment, Harrah's, Illinois, Lake Tahoe, Laughlin, Macau, Melco Resorts & Entertainment, Mesquite, MGM Mirage, Mississippi, Nevada, New York, North Las Vegas, Ohio, Penn National, Reno, Rhode Island, Sheldon Adelson, Sociedade de Jogos de Macau, The Strip, Wall Street, West Virginia, Wisconsin, Wynn Resorts | 1 Comment

Wynn: It’s Elaine’s company now; Caesars reverses itself

Posted on April 23, 2018 by David McKee

When Elaine Wynn speaks, Wynn Resorts is suddenly all ears. Last week the company’s plurality shareholder called for a largely new and diverse board of directors, in what is describes as a “first step” toward greater heterogeneousness. Presto! Who should … Continue reading →

Posted in Architecture, Centaur Gaming, Donald Trump, Elaine Wynn, Environment, Hard Rock International, Harrah's, Indiana, Law enforcement, Macau, Marketing, Sociedade de Jogos de Macau, Sports, Station Casinos, Technology, Transportation, Wynn Resorts | 6 Comments

Bumpy month for Atlantic City; Stanley Ho has left the building

Posted on April 13, 2018 by David McKee

Winter has not been kind to Atlantic City, with gaming revenues down 3.5% in March ($193 million). At least Internet gaming is a bastion of strength, 17.5% more productive last month, with Golden Nugget dominating that sector with 34% market … Continue reading →

Posted in Atlantic City, Churchill Downs, Dan Gilbert, Detroit, Eldorado Resorts, Greenwood Racing, Harrah's, Internet gambling, Law enforcement, Louisiana, Macau, MGM Mirage, Mohegan Sun, Neil Bluhm, Pansy Ho, Penn National, Pennsylvania, Pinnacle Entertainment, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Stanley Ho, The Mob, Tilman Fertitta, Tropicana Entertainment | Comments Off

MGM Connecticut hopes fading … for now

Posted on April 12, 2018 by David McKee

MGM Bridgeport will have to wait a bit. According to Connecticut Speaker of the House Joe Aresimowicz (D), the best chance of passage of any gaming-related legislation is narrow. Expressing misgivings about the consequences of further diluting the Nutmeg State’s gambling … Continue reading →

Posted in Boyd Gaming, Foxwoods, Genting, Indiana, Japan, Macau, MGM Mirage, Mohegan Sun, Movies, Politics, Sociedade de Jogos de Macau, The Strip, Transportation, Tribal | Comments Off

Ground broken for Connecticut casino; Big Brother is watching you in Japan

Posted on March 7, 2018 by David McKee

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 →

Posted in Foxwoods, Japan, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Mohegan Sun, Politics, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Technology | 1 Comment

MGM Cotai plays to mixed reviews; Puzzling Pennsylvania strategies

Posted on March 1, 2018 by David McKee

“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 | Comments Off

Strip weak, locals strong, Reno supercharged; Stanley Ho’s empire crumbles

Posted on February 28, 2018 by David McKee

January got the Las Vegas Strip off to a less-than auspicious start, with revenues dropping 9% from 2017. Locals casinos, meanwhile, were living it up, as revenue rose 8%, thanks in part to New Year’s Eve weekend slot drop being … Continue reading →

Posted in Arkansas, Boulder Strip, Colony Capital, Columbia Sussex, Downtown, Economy, Election, Foxwoods, Galaxy Entertainment, Harrah's, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Melco Resorts & Entertainment, Mesquite, MGM Mirage, Nevada, North Las Vegas, Pennsylvania, Politics, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wall Street, Wynn Resorts | 2 Comments

SLS sale accelerates; New corruption worry for Macao

Posted on January 16, 2018 by David McKee

Lucky Dragon Casino‘s sudden demise had a dramatic effect on the sale of SLS Las Vegas, getting owner Stockbridge Capital Partners — no doubt newly aware of its precarious position — back to the bargaining table with Meruelo Group. According to … Continue reading →

Posted in Dining, Entertainment, Genting, Law enforcement, Lucky Dragon, Macau, MGM Mirage, Regulation, Sam Nazarian, SLS Las Vegas, Sociedade de Jogos de Macau, Sports, Stanley Ho, Steve Wynn, Technology, The Strip | Comments Off

Beauregard the Buzzkill; Arkansas tries for casinos

Posted on January 9, 2018 by David McKee

Attorney General Jefferson Beauregard Sessions has detected that Americans are enjoying themselves and it’s got to stop, forthwith. He’s declared war on marijuana-friendly laws across this great land, misguidedly making loco weed his department’s top law-enforcement priority. Beauregard is flying … Continue reading →

Posted in Arkansas, Boyd Gaming, Colorado, Dan Gilbert, Eldorado Resorts, Election, Hard Rock International, Law enforcement, Macau, Marijuana, Melco Resorts & Entertainment, Nevada, Ohio, Penn National, Pinnacle Entertainment, Problem gambling, Regulation, Sociedade de Jogos de Macau, Sports, The Strip, Tribal | Comments Off

Unlucky Dragon; Gaughan plays Lady Bountiful

Posted on January 8, 2018 by David McKee

Business at the semi-defunct Lucky Dragon casino must have really been sucking wind if it closed six weeks before Chinese New Year, which one would expect to be the property’s sweet spot. Lucky Dragon management is putting a brave face … Continue reading →

Posted in Atlantic City, Harrah's, International, Iowa, Japan, Louisiana, Lucky Dragon, Macau, Massachusetts, MGM Mirage, Michael Gaughan, Regulation, SLS Las Vegas, Sociedade de Jogos de Macau, Taxes, The Strip, Wall Street | 1 Comment

E-sports comes to Macao; Donald Trump, thief

Posted on December 13, 2017 by David McKee

Staying with the curve, Macao is going after the e-sports phenomenon. Sociedade de Jogos de Macau held the protectorate’s first e-sports tournament, at Grand Lisboa. Nine international teams competed for a $300K pot. “E-Sports is an emerging industry with huge growth … Continue reading →

Posted in Boulder Strip, Donald Trump, e-sports, Galaxy Entertainment, Macau, Marijuana, Melco Resorts & Entertainment, Philippines, Security, Sociedade de Jogos de Macau, Steve Wynn, Westgate LV | Comments Off

Enter the Aces; Dan Gilbert, failure

Posted on December 12, 2017 by David McKee

With a breathtaking lack of imagination, MGM Resorts International has settled upon a new name for its almost-as-equally-new WNBA franchise. It will be called — wait for it, folks — the Las Vegas Aces. At least it wasn’t “Las Vegas … Continue reading →

Posted in Current, Dan Gilbert, Foxwoods, Galaxy Entertainment, Harrah's, Macau, Melco Resorts & Entertainment, MGM Mirage, Mohegan Sun, Ohio, Sheldon Adelson, Sociedade de Jogos de Macau, Sports, Stanley Ho, Steve Wynn, Texas, The Strip, Tourism, Transportation | 1 Comment

Favorable forecast for 2018; New look at Cosmo

Posted on November 29, 2017 by David McKee

Good news for casinos: “2018 is set to be a good year for gaming operators and suppliers globally amid a strong economic backdrop and a relatively benign new supply environment,” says Fitch Ratings analyst Alex Bumazhny, one of the more circumspect … Continue reading →

Posted in Architecture, Atlantic City, CityCenter, Cosmopolitan, Economy, Hard Rock International, Harrah's, Macau, MGM Mirage, New York, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wall Street | 1 Comment