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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Sports
Temporary relief for Illinois; CityCenter for sale?
As a huge gambling expansion works its way through the Legislature, casino owners in Illinois must feel like condemned men awaiting the execution. At any rate, it behooves them to gather roses while yet they may. Fortunately, gamblers felt like … Continue reading
Posted in Boyd Gaming, California, CityCenter, GLPI, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Neil Bluhm, Penn National, Regulation, South Korea, Sports, Taxes, The Crown 18, Wall Street
1 Comment
Bicycle Casino gets busted; Macao bounces back
For the second time in its history, the Feds have busted the Bicycle Hotel & Casino, in Bell Gardens, California. They’re hot on the trail of laundered money and think Bicycle was providing some drip-dry service. Agents from multilateral task … Continue reading
Posted in California, Law enforcement, Macau, Sports, The Strip, Wall Street
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Trump keeps them guessing; Meet your new neighbor, Steve Wynn
Could the president of the United States build a Las Vegas casino? That’s regulatory terra incognito that Nevada regulators will have to explore as Phil Ruffin and Donald Trump continue with their plan to erect a Trump-branded casino next door … Continue reading
Posted in Architecture, Donald Trump, Economy, Law enforcement, Massachusetts, MGM Mirage, Movies, New York, Phil Ruffin, Regulation, Riviera, Sports, Steve Wynn, The Mob, The Strip
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What’s in a name?
Quite a lot, if you happen to be the late Sen. Pat McCarran (D). Not only is Nevada‘s largest airport named after you (not inaptly — the anti-New Deal, pro-fascist McCarran’s signature achievements included splitting off the Air Force as a … Continue reading
Posted in Cordish Co., Donald Trump, Harry Reid, history, International, Movies, Politics, Sports, Steve Wynn, Transportation
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Raiders prompt magical thinking; Next stop: Yankton?
Boxing promoter Bob Arum has drunk deeply of the NFL-in-Vegas Kool-Aid, telling the Wall Street Journal, “Say [the Raiders] play the Giants. It’s going to bring 20,000 people coming from New York to watch the game, clutching fistfuls of money … Continue reading
Posted in Boyd Gaming, Florida, Japan, Law enforcement, Macau, Seminole Tribe, Sheldon Adelson, South Dakota, Sports, Technology, Tourism, Westgate LV
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It’s official: Las Vegas Raiders; Crime on the Strip
NFL Commissioner Roger Goodell having slammed the door on Oakland, we’re going to have to follow Adam Schefter‘s lead and get used to saying “Las Vegas Raiders.” Needless to say, this is a huge coup for Sin City, all the bigger … Continue reading
Posted in Current, Geoff Freeman, Harrah's, Law enforcement, MGM Mirage, Sheldon Adelson, Sports, The Strip, World Series of Poker
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Legal trouble for Mohegan, Foxwoods; The gospel according to Slammy
It looks as though the constitutionality of a no-bid, off-reservation casino for Mohegan Sun and Foxwoods Resort Casino may be an issue after all. Connecticut Attorney General George Jepsen issued an opinion that the legal risks with the unusual deal “are not … Continue reading
Posted in California, Downtown, Economy, Foxwoods, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Sports, The Strip
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MGM National Harbor, Maryland Live duke it out
MGM National Harbor strapped a jet pack on Maryland gaming revenue, up an eye-popping 38% last month. The bad news for other operators is that, once you subtract MGM, gaming revenues are down 11%. However, the fact that the declivity … Continue reading
More resort fees at MGM; Sands Bethlehem sold?
It was show time for the big boys at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, starting with MGM Resorts International, which had to get started by explaining why fourth-quarter numbers had been “coming in well below … Continue reading
Posted in Architecture, Atlantic City, California, Donald Trump, Economy, Hard Rock International, Harrah's, Harry Reid, Japan, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Seminole Tribe, Sheldon Adelson, Singapore, Sports, Steve Wynn, The Strip, Tourism, Transportation, Tribal, Tropicana Entertainment, Wall Street
1 Comment
The case for cannibalization; Hard Rock buys Taj
There’s still a big budget shortfall in Pennsylvania and state Rep. Mike Sturla thinks he has at least part of the answer: slot routes. Casinos can be expected to decry this proposed solution and some already are. But for Sturla … Continue reading
Posted in Atlantic City, Carl Icahn, Economy, Foxwoods, Geoff Freeman, Golden Gaming, Hard Rock International, Harry Reid, Illinois, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Revel, Slot routes, Sports, The Strip, Tribal, Tropicana Entertainment, West Virginia
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Cool breeze in Singapore; Pennsylvania gets on the sports-betting bandwagon
It seems more unlikely than ever that Singapore will issue casino concessions after gaming revenues laid an egg in 1Q-3Q/16. For the full year, tourism to Singapore reached record heights, but receipts for “sightseeing, entertainment and gaming” dropped 16% in the … Continue reading
Posted in Australia, Dining, Donald Trump, Foxwoods, Idaho, International, James Packer, Law enforcement, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Singapore, South Korea, Sports, The Crown 18, Tribal
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Sports betting a political football; Lucky Dragon doing just fine
Lawmakers in Maryland are entering the fray over sports betting. Unlike their counterparts in New Jersey, they’re not challenging the federal government directly. The proposed law, as drafted, would make sports betting legal in the Free State *if* the Bradley … Continue reading
Posted in Ameristar, Boyd Gaming, Cordish Co., Delaware, Dining, Donald Trump, Georgia, GLPI, Harrah's, Hawaii, Internet gambling, Isle of Capri, Lucky Dragon, Macau, Maryland, MGM Mirage, Mississippi, Missouri, Neil Bluhm, New York, Penn National, Philippines, Pinnacle Entertainment, Politics, Racinos, Singapore, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street
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Mixed results in Indiana; New Hampshire tries, tries, tries again
Casino revenue was down 4% last month in Indiana but, with one less weekend than last year and a 6% decline in foot traffic, I’m disinclined to read too much into the results. However, just for the record, let’s look … Continue reading
Posted in Ameristar, Boyd Gaming, Full House Resorts, GLPI, Harrah's, Indiana, Majestic Star, Mississippi, New Hampshire, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Sports, Tropicana Entertainment, TV
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Wynn shows Adelson up; Schenectady casino opens tonight
Contrary to crude insinuations by the Las Vegas Review-Journal, Steve Wynn‘s gift of $7 million in company stock late last year went mainly toward medical research at the University of Iowa’s Wynn Institute for Vision Research ($5 million), while another $1.7 … Continue reading
Posted in Animals, Charity, Economy, Harrah's, Iowa, Maine, Marketing, Neil Bluhm, New York, Sheldon Adelson, Sports, Steve Wynn, Technology, The Strip, Tribal
1 Comment
MGM National Harbor a hit with players; Fertitta talks a good game
Given its high profile, MGM National Harbor had to hit a home run for MGM Resorts International and, judging by the numbers, it’s done just that. Last month it grossed $49 million, which — when the numbers are adjusted to … Continue reading
Posted in Boyd Gaming, Cordish Co., Downtown, GLPI, Golden Gaming, Goldman Sachs, Harrah's, Illinois, Louisiana, Maryland, MGM Mirage, Mississippi, Neil Bluhm, Nevada, New York, Penn National, Politics, Racinos, Regulation, Sheldon Adelson, Slot routes, Sports, Station Casinos, The Strip, Tilman Fertitta, Wall Street, West Virginia
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AGA sacks NFL; Ten opening on tenterhooks
Yes, we’re coming up on “The Big Game” and the American Gaming Association is as pass-happy as the New England Patriots and Atlanta Falcons offenses. It’s lobbing bombs anywhere from Eau Claire to Huntsville, from Fox Business Network to CBS Boston, … Continue reading
Posted in Atlantic City, Entertainment, Geoff Freeman, Glenn Straub, International, Internet gambling, New York, Regulation, Revel, South Dakota, Sports, TV
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Adelson out of stadium deal; Tepid December on Strip
It didn’t take long for Sandoval’s Folly, the mooted [your city here] Raiders stadium to blow up in the governor’s face. With characteristic irascibility, Las Vegas Sands CEO Sheldon Adelson withdrew from the project, taking his $650 million with him. … Continue reading
Posted in Boulder Strip, Cordish Co., Cretins, Downtown, Economy, Foxwoods, GLPI, Harrah's, Horseracing, Japan, Laughlin, Maryland, MGM Mirage, Mohegan Sun, Nevada, North Las Vegas, Penn National, Politics, Regulation, Reno, Sheldon Adelson, Sports, The Strip, Tribal, Virginia, Wall Street, West Virginia
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New Deal; Same old same-old at Wynncore
In a dramatic semi-reversal, Georgia Gov. Nathan Deal (R) has said he is open “to keep the discussion going” on casinos in the state. The governor’s sudden open mindedness comes with several caveats, including the assurance that casino gambling won’t detract … Continue reading
Posted in Architecture, Delaware, Donald Trump, Election, Georgia, Japan, Massachusetts, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, South Carolina, Sports, Steve Wynn, Taxes, The Strip
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MGM’s big rake in Washington; Resort projects power Massachusetts
It should come as no surprise that Washington, D.C., the land of smoke-filled rooms where sleazy deals are made, should be deliver a bumper crop of players to MGM National Harbor‘s 39-table poker room. Even with a truncated month of … Continue reading
Trump vs. Las Vegas; E-sports is big busine$$
“Donald Trump is the most uninformed president the U.S. has ever had. This is not an opinion. It is based on the realities of how human beings communicate: He does not read. ‘[Trump] said in a series of interviews that he does not … Continue reading
Posted in Affinity Gaming, Atlantic City, Donald Trump, Downtown, Economy, Entertainment, Harrah's, International, Internet gambling, Macau, Marketing, MGM Mirage, Mississippi, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street
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