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- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,678 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,097 views
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Category Archives: Taxes
One born every minute
Wall Street‘s appetite for risk knows no bounds. True, year-end numbers from MGM Resorts International contain cause for confidence, including 8% higher domestic gambling revenue and 10% improved room revenues. However, MGM’s still sitting atop a $13.5 billion powder keg … Continue reading
Posted in CityCenter, Culinary Union, Current, Dubai, G2E, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Politics, Racinos, Taxes, Wall Street
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Okada vs. Wynn, Round Two; Nevada wins, players lose
Having spent all weekend and most of yesterday laboring over an in-depth think piece for CityLife (a future-of-Vegas thing), I’ll admit to being pretty well fried. But the news never sleeps — much as one might wish otherwise, sometimes — … Continue reading
Posted in Boyd Gaming, Cretins, Current, Dining, International, Macau, Marketing, Midnight Jim Gibbons, Regulation, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Wall Street
1 Comment
And then there were three; What’s next in Florida?; New problem for Illinois
While the rest of America was betting on a little thing we call the Super Bowl … Unless it can find somebody to relieve it of a fourth and final gaming license, in southeastern Kansas, the Sunflower State’s casino-expansion program … Continue reading
Posted in Election, Genting, Illinois, Kansas, Massachusetts, Penn National, Politics, Racinos, Sheldon Adelson, Sports, Taxes, Tribal
2 Comments
“Luck” you!; A new gaming bonanza?
Last week, Mandalay Bay hosted an advance screening of the pilot episode of Luck, which debuted on HBO last night. If it was hard to follow on the ginormous MBay screen, I cannot imagine how impenetrable it seemed on a … Continue reading
Posted in Ameristar, California, Horseracing, Kansas, Maine, Missouri, Ohio, Pinnacle Entertainment, Problem gambling, Racinos, South Carolina, Taxes, Tribal, TV
5 Comments
Illinois: Not cricket; Boyd’s not going to like *this*: Death Ray: The sequel
Hardly had the outlines for a gaming-expansion compromise been leaked from the Illinois governor’s mansion when state Speaker of the House Michael Madigan (D, right) nixed the idea — or at least the prospect of a deal getting done in … Continue reading
Posted in Boyd Gaming, CityCenter, Current, Election, Environment, Hawaii, Illinois, Louisiana, Politics, Sheldon Adelson, Taxes, Vdara Death Ray
3 Comments
Miller Time in Maryland; The sorrows of Marrandino
No question about it, THE gaming-industry story of 2011 was both an economic and political one: How the Great Recession has essentially broken the back of anti-gambling resistance in the corridors of American power. We can see it up and … Continue reading
Posted in Atlantic City, Boyd Gaming, Cordish Co., Current, Dan Lee, Economy, Entertainment, Harrah's, Louisiana, Maryland, MGM Mirage, Pinnacle Entertainment, Politics, Taxes, Tropicana Entertainment
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Illinois: They shoot horses, don’t they?; Friday film festival
Score another round for Illinois Gov. Pat Quinn (D): By threatening a drawn-out negotiation process that would put casino expansion hard up against election season — with lawmakers facing the terra incognita of redrawn districts — he may have forced … Continue reading
Posted in Economy, Election, Environment, Harrah's, Horseracing, Illinois, Internet gambling, Missouri, Ohio, Penn National, Politics, Racinos, Regulation, Rhode Island, Taxes, Tribal
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Train robbery in D.C.
As the online-gambling gravy train begins leaving in the station, members of Congress are making one last attempt to derail it. After all, once New Jersey, Illinois, California, the District of Columbia and so forth set up shop as havens … Continue reading
Posted in California, Columbia Sussex, Cordish Co., Current, Harrah's, Harry Reid, Illinois, Indiana, Internet gambling, Politics, Problem gambling, Racinos, Regulation, Taxes, Tropicana Entertainment
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Meet Virginia McDowell, Part I
What are your plans for Nemacolin Woodlands Resort, in Pennsylvania? We’re still waiting for the appeal process to wind its way through the courts. The original plan called for to build on an existing facility on the Nemacolin property, which … Continue reading
Posted in Downtown, Economy, Entertainment, Florida, G2E, Iowa, Isle of Capri, Marketing, Missouri, Pennsylvania, Station Casinos, Taxes, Technology, Texas, Tourism, Tribal
3 Comments
Casinos in Kentucky … soon?; Tenants to Sands: Let my people go!
Per S&G‘s prediction, Kentucky Gov. Steve Beshear (D) wasted little time after winning reelection before resuming his push for casino legalization. You’d never think that he beat opponent state Senate President David Williams (R) like a drum at the ballot … Continue reading
Posted in Current, Dining, Economy, Election, Entertainment, Kentucky, Pennsylvania, Racinos, Sheldon Adelson, Station Casinos, Taxes, The Strip
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Hooters: What next?; PE fools and their money; Deal or no-Deal in Georgia?
It’s all over for the current administration at Hooters Casino Hotel. They’ve given up trying to fight efforts by Canyon Capital Realty Advisors to have the money-losing property sold via foreclosure auction. If Canpartners wins at auction, it may go … Continue reading
Posted in Colorado, Current, Economy, Election, Florida, Georgia, Golden Gaming, Herbst Gaming, Hooters, Horseracing, Slot routes, Taxes, The Strip, Wall Street
3 Comments
Sanguine Sands; Genting vs. Islamofascism; Arkansas vs. Missouri
Las Vegas Sands dispatched its international overseer, Rob Goldstein (right) and sidekick Dan Briggs to New York as envoys to Wall Street. As reported by J.P. Morgan‘s Joseph Greff, Sands’ outlook is sanguine, particularly with regard to the Singapore and … Continue reading
Going home again; Hotel Hell: The sequel
Here’s a casino-development story with several personal angles. When I lived in Minneapolis and wrote from the since-defunct Twin Cities Reader, my publisher was R.T. Rybak. Now he’s mayor of the city and is trying to hold onto the perennially … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Culinary Union, Current, Donald Trump, Economy, Genting, Harrah's, Herbst Gaming, Isle of Capri, Lyle Berman, Marketing, MGM Mirage, Minnesota, Neil Bluhm, Ohio, Penn National, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, Tourism
4 Comments
Domino effects
“Prior to the official opening, a 60-minute opening ceremony was held outside of the main entrance to the casino, where local and state politicians patted each other on the back for finally getting the casino opened, a mere 10 years … Continue reading
Quotations from Chairman Steve; Elvis catches fire
Perhaps due to his eagerness to get Wynn Cotai jump-started, Steve Wynn has become an even more pliant sock puppet for China‘s central government than was Sheldon Adelson. It must be a source of great amusement among the ruling elite … Continue reading
Posted in Cordish Co., Current, Economy, Entertainment, Harrah's, International, Macau, Maryland, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Taxes, TV, West Virginia
3 Comments
Aliante Station changes hands but little else; Amigo Adelson
Aliante Station is now formally the property of Texas Pacific Group, Standard General and Apollo Management. Two of those funds also own Caesars Entertainment, which might create some interesting “Chinese wall” situations. (Can’t have trade secrets passing back and forth, … Continue reading
Posted in Boyd Gaming, Colorado, Current, Economy, Entertainment, Environment, Harrah's, International, North Las Vegas, Regulation, Sheldon Adelson, Station Casinos, Taxes
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