Category Archives: Sports

Eyeball-to-eyeball in Pennsylvania; The tomato cans cometh

Posted on June 26, 2017 by David McKee

Pennsylvania‘s i-gaming legislation could fall apart, as New York State’s shamefully did (Gary Pretlow should change his name to Mr. Useless) but both houses are presently trying to find a satisfactory middle ground. Slot routes stick in the craw of … Continue reading →

Posted in Horseracing, Internet gambling, Massachusetts, New York, Pennsylvania, Philippines, Politics, Regulation, Slot routes, Sports, Taxes, The Strip, Tribal | Comments Off

DFS mega-merger stalled; Regulating e-sports

Posted on June 26, 2017 by David McKee

It looks like the Trump administration isn’t going to be completely laissez-faire, at least as far as the DraftKings/FanDuel merger is concerned. In cooperation with the State of California and the District of Columbia, the Federal Trade Commission has filed … Continue reading →

Posted in California, Foxwoods, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Regulation, Sports | Comments Off

Okada in the cross-hairs; Oregon poker rooms (sorta) saved

Posted on June 22, 2017 by David McKee

Could it be? Dare we hope? Gamey gaming mogul Kazuo Okada is in danger of losing his Nevada license. (Steve Wynn is quietly celebrating somewhere.) Already he’s been suspended by his own company, Universal Entertainment Corp., and his dreams of … Continue reading →

Posted in Cordish Co., Greenwood Racing, Iowa, Isle of Capri, Japan, Kazuo Okada, Missouri, Oregon, Pennsylvania, Politics, Regulation, Sports, Steve Wynn, Texas, Westgate LV | Comments Off

Bonacic: Let’s make a deal; Freeman makes sports-betting case

Posted on June 14, 2017 by David McKee

You could soon be able to play Internet poker in New York State — by going to a casino. That’s the compromise proposed by Senate Racing, Wagering & Gaming Committee Chairman John Bonacic (R). Only casinos and racinos would be eligible to … Continue reading →

Posted in Economy, Genting, Geoff Freeman, Internet gambling, Lawrence Ho, Massachusetts, New York, Philippines, Politics, Regulation, Sports, Taxes | Comments Off

Smoke and mirrors in Maine; Vegas Vickie descends

Posted on June 14, 2017 by David McKee

Surprise, surprise. Shawn Scott is back in the news. The fast-and-loose casino speculator faces queries from the Maine Ethics Commission about where it got its money. Scott’s Capital Seven is pushing a ballot question to put a racino in York … Continue reading →

Posted in Colony Capital, Derek Stevens, Downtown, Economy, history, Japan, Maine, Racinos, Regulation, Sports | Comments Off

Adelson in the catbird seat; Lui has advice for Macao

Posted on June 12, 2017 by David McKee

We’re still a long way from requests for proposals for Japanese megaresorts but one source is already tapping Las Vegas Sands as a finalist. (Hardly a radical prediction, it’s true.) The tip comes from Morningstar Investment Management Asia analyst Chelsey … Continue reading →

Posted in Atlantic City, Boyd Gaming, Crown Resorts, Galaxy Entertainment, Genting, Harrah's, Japan, Law enforcement, Macau, Melco Crown Entertainment, Oklahoma, Regulation, Scientific Games, Sheldon Adelson, Singapore, Sports, Technology, Tourism, Tribal | Comments Off

Stratosphere: From Goldman to Golden; Christmas tree for gamers in Pennsylvania

Posted on June 12, 2017 by David McKee

Goldman Sachs has had enough of the casino business. Either that or the price was right. Whatever the case, Golden Entertainment has just executed the greatest coup of its brief existence. It has purchased Las Vegas icon the Stratosphere. In … Continue reading →

Posted in Baseball, Boulder Strip, Carl Icahn, Foxwoods, Golden Gaming, Goldman Sachs, Internet gambling, Laughlin, MGM Mirage, Mohegan Sun, Pennsylvania, Regulation, Sheldon Adelson, Slot routes, Sports, Taxes, The Strip, Tribal | Comments Off

Murren also breaks with Trump; Adios, Vegas Vickie

Posted on June 9, 2017 by David McKee

So far, Donald Trump‘s proposal to zero out the Brand USA program is going over like a lead balloon with the gaming industry. Already American Gaming Association President Geoff Freeman has dissed the decision. Now, in a CNN op-ed, MGM Resorts … Continue reading →

Posted in Donald Trump, Economy, Foxwoods, Geoff Freeman, MGM Mirage, Mohegan Sun, Rhode Island, Sports, Technology, The Strip, Tourism, Unite-Here | Comments Off

Quote of the Day

Posted on June 7, 2017 by David McKee

“’We had [Pittsburgh] Steelers jerseys waiting for them when they arrived, which they took with them, but didn’t want to put on,’” recalled Meadows general manager Rod Centers. The Steelers won that matchup in a 43-14 blowout, and Centers said he … Continue reading →

Posted in GLPI, Horseracing, Marketing, Pennsylvania, Pinnacle Entertainment, Sports | Comments Off

Executive shuffle at Station; Freeman’s bold agenda

Posted on May 25, 2017 by David McKee

Long-serving (some would say long-suffering) Station Casinos CFO Marc Falcone has had enough and will resign on May 31. He’ll still be at Station’s service thanks to a one-year consulting agreement — read “non-compete.” He’s served Station well, coming aboard … Continue reading →

Posted in Atlantic City, Donald Trump, Geoff Freeman, Hard Rock International, Law enforcement, Palms, Politics, Regulation, Revel, Sports, Station Casinos, Taxes, Wall Street | Comments Off

Packer bows out; Adelson puts moves on Brazil

Posted on May 12, 2017 by David McKee

There’s now 100% less “Crown” in Melco Crown Entertainment. Colorful casino baron James Packer has sold his share in the company for $1.2 billion. Reuters describes the move as “ending a fraught offshore expansion and freeing up cash for new … Continue reading →

Posted in Architecture, Atlantic City, Australia, Boyd Gaming, Harrah's, International, Internet gambling, Iowa, James Packer, Japan, Lawrence Ho, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Politics, Problem gambling, Regulation, Sheldon Adelson, Sports, Station Casinos, The Crown 18, The Strip, Wall Street | Comments Off

Freeman: Let my people bet!

Posted on May 11, 2017 by David McKee

Undistracted by the current shenanigans in Washington, D.C., the American Gaming Association‘s Geoff Freeman is staying on course about legalized sports betting. The AGA recently commissioned a Greenberg Quinlan Rosner poll that concluded — surprise! — that most Americans favor legalized … Continue reading →

Posted in Ameristar, Baseball, Boyd Gaming, Economy, Foxwoods, Full House Resorts, Geoff Freeman, GLPI, Harrah's, Indiana, Internet gambling, Majestic Star, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, Penn National, Pinnacle Entertainment, Politics, Racinos, Sports, Tribal, Tropicana Entertainment | Comments Off

New crackdown in Macao; Death in Downtown

Posted on May 9, 2017 by David McKee

That chill wind you feel blowing through Macao is the local government’s trepidation about the $1 billion-plus in cash withdrawals that are being made from Macanese ATMs. “The amounts are eye-watering – HK$10 billion-a-month is a conservative estimate. The banks have been … Continue reading →

Posted in Downtown, Law enforcement, Macau, Marketing, Sports, Uncategorized, Wall Street | Comments Off

Analysts: Station underperforms; Miami Beach bans casinos

Posted on May 5, 2017 by David McKee

Station Casinos reported revenue yesterday and the Palms is on track for 6% ROI this year. So there’s some work to be done. Management is already off to a good start by closing the world’s largest Hooters, victim of sagging … Continue reading →

Posted in Colony Capital, Columbia Sussex, Dining, Donald Trump, Florida, Genting, George Maloof, Hard Rock International, Harrah's, history, IGT, International, MGM Mirage, PokerStars, Seminole Tribe, Sports, Station Casinos, Wall Street | 1 Comment

Nevada is #1; Atlantic Club plans dashed

Posted on May 2, 2017 by David McKee

Congratulate yourself, Nevadans. Your state has been deemed “most fun” by WalletHub. This is despite only mediocre rankings in movie theaters and amusement parks per capita (27th and 28th, respectively). Nevada was tops in casinos — big surprise, I know … Continue reading →

Posted in Atlantic City, California, Donald Trump, Entertainment, Harrah's, International, Internet gambling, Law enforcement, Nevada, Philippines, Sports, Steve Wynn, Technology, Tribal | Comments Off

REITs meet the Street; Martinez wins in New Mexico

Posted on April 28, 2017 by David McKee

REITs Gaming & Leisure Properties and MGM Growth Properties both checked in with Wall Street yesterday, and further acquisitions were on the mind of both. In the case of MGM, its next target of opportunity is MGM National Harbor (“on … Continue reading →

Posted in Donald Trump, Economy, GLPI, Harrah's, MGM Mirage, Mississippi, Ohio, Penn National, Pennsylvania, Sheldon Adelson, Sports, The Strip, Tribal, Wall Street | Comments Off

Freeman: Sports betting is coming; Second thoughts on Paradise Park

Posted on April 27, 2017 by David McKee

It could be a case of wishing that legalization of sports betting will make it so. Or maybe Geoff Freeman is privy to intelligence that he’s not shared with the rest of us. Either way, he thinks a sports-betting repeal … Continue reading →

Posted in Atlantic City, Boulder Strip, Carl Icahn, Dining, Donald Trump, Geoff Freeman, Goldman Sachs, history, Laughlin, Politics, Sports, Steve Wynn, Technology, The Strip, Transportation, Tropicana Entertainment | 1 Comment

Atlantic City runs the table; Next, the “Osaka Strip”?

Posted on April 13, 2017 by David McKee

It’ll take a lot more than an extra weekend day to account for a 7% spike in Atlantic City‘s gaming revenue. When you subtract the corpse of Trump Taj Mahal from the body count, the year over year comparison is … Continue reading →

Posted in Atlantic City, Dan Gilbert, Detroit, Hard Rock International, Harrah's, Internet gambling, Japan, MGM Mirage, Mohegan Sun, PokerStars, Problem gambling, Sports, Tilman Fertitta, Wall Street | Comments Off

The Cathedral of St. Al Davis

Posted on April 11, 2017 by David McKee

The eternal flame in honor of St. Al is just too much. * Could South Carolina rush in where Georgia has hesitated? The Palmetto State has costly infrastructure problems and Gov. Henry McMaster (R) has indicated he would veto

Posted in Architecture, Georgia, Planet Hollywood, Politics, South Carolina, Sports, Technology, The Strip | 1 Comment

Exit Trump, enter Hard Rock; Casinos in Cuba again?

Posted on April 10, 2017 by David McKee

Hard Rock International is putting its money where its mouth is, judging from the preview it gave of the Hard Rocked Trump Taj Mahal. The most obvious changes will be on the exterior, where all the tiki-tacky Trump theming will … Continue reading →

Posted in Architecture, Atlantic City, Columbia Sussex, Donald Trump, Economy, Entertainment, Foxwoods, Hard Rock International, International, MGM Mirage, Mohegan Sun, Penn National, Politics, Sports, Taxes, The Strip, Tourism, Trump Entertainment Resorts | 1 Comment