Category Archives: Technology

‘Net betting in Massachusetts?; Fast track for skill-based slots

Posted on December 3, 2015 by David McKee

Pressure to legalize Internet gambling has emerged from an unexpected quarter — Massachusetts. State Sen. Bruce Tarr (R) has proposed a bill that would allow Web casinos to piggyback onto existing brick-and-mortar ones. True, Wynn Resorts is averse to ‘Net … Continue reading →

Posted in Atlantic City, Internet gambling, Macau, Massachusetts, MGM Mirage, Penn National, Politics, Scientific Games, Steve Wynn, Technology, Tribal, Wall Street | Comments Off on ‘Net betting in Massachusetts?; Fast track for skill-based slots

Bad news for Atlantic City; Finally, a ‘Carcieri fix’

Posted on December 1, 2015 by David McKee

Just when you thought the Atlantic City market had rightsized and the Boardwalk was out of the woods, here comes Moody’s Investors Service with a baleful report. Pointing to in-progress casino expansion in several neighboring East Coast states, Moody’s predicts … Continue reading →

Posted in Atlantic City, Economy, Glenn Straub, Harrah's, Internet gambling, Regulation, Revel, Technology, Tourism, Tribal, Trump Entertainment Resorts, TV, Wall Street | Comments Off on Bad news for Atlantic City; Finally, a ‘Carcieri fix’

Caesars gets the boot; Impatience in New York

Posted on December 1, 2015 by David McKee

Lawyers for Caesars Entertainment will be burning a little extra midnight oil after they lost a case that will enable the National Retirement Fund to kick Caesars — its largest donor — out of the fund. That makes Caesars liable … Continue reading →

Posted in California, Election, Foxwoods, Harrah's, history, Internet gambling, Mississippi, Mohegan Sun, New York, Pennsylvania, Regulation, Technology, Tribal | Comments Off on Caesars gets the boot; Impatience in New York

The benefits of casino gambling make themselves felt

Posted on November 16, 2015 by David McKee

Minimum wages are a contentious issue on the campaign trail but a settled one at $450 million Stadium Casino. The in-progress Philadelphia gambling hall has committed to a $12/hour minimum wage for its construction and permanent personnel alike. That’s one … Continue reading →

Posted in Atlantic City, Charity, Cordish Co., Economy, Greenwood Racing, Internet gambling, Pennsylvania, Rhode Island, Taxes, Technology, Trump Entertainment Resorts | Comments Off on The benefits of casino gambling make themselves felt

Autumn chill in Atlantic City; Christmas present for VictoryLand

Posted on November 13, 2015 by David McKee

For the first time in over a year, there are no casino closings to be factored into Atlantic City‘s gaming revenue, no more same-store comparisons. So how did the Boardwalk fare? Even with an extra weekend day, revenue dipped 3%. … Continue reading →

Posted in Alabama, Atlantic City, Boyd Gaming, Harrah's, MGM Mirage, Mohegan Sun, Regulation, Technology, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | 1 Comment

Genting feels the heat; DraftKings fights back

Posted on November 13, 2015 by David McKee

All of sudden this week, Genting Group feels compelled to explain itself and declare that, yes, there really has been $50 million worth of construction activity at Resorts World Las Vegas, starting with the parking garage. (Perhaps the visible site preparation … Continue reading →

Posted in Election, Genting, Internet gambling, New York, Regulation, Sheldon Adelson, Technology, The Strip | Comments Off on Genting feels the heat; DraftKings fights back

Quote of the Day

Posted on November 12, 2015 by David McKee

“I hate slots. It’s all up to luck. It’s boring, and I can’t control what happens. The only time I would ever even consider playing is to pretend I am so I could score free drinks.” — Arizona State University student … Continue reading →

Posted in Arizona, Marketing, Technology, Tribal | Comments Off on Quote of the Day

SLS gets new patron; Mixed quarter at Caesars

Posted on November 10, 2015 by David McKee

Revolving doors continue to spin, metaphorically, at SLS Las Vegas. No sooner had Hilton Worldwide dropped the property from its Curio brand but Starwood Resorts Worldwide picked up part of the property and slapped its W hotel escutcheon on it. The … Continue reading →

Posted in Harrah's, International, Macau, Marketing, Maryland, Regulation, Sam Nazarian, SLS Las Vegas, Station Casinos, Technology, The Strip | 1 Comment

Caesars loses Ohio; Parking fees on the Strip?

Posted on November 2, 2015 by David McKee

In a lose-lose scenario, Caesars Entertainment is losing its management contracts at Horseshoe Cincinnati, Horseshoe Cleveland and Thistledown Racino. Even with the valuable Horseshoe brand, all three had been losing business in recent months. Caesars had long ago sold its … Continue reading →

Posted in CityCenter, Current, Dan Gilbert, Harrah's, James Packer, Lawrence Ho, Macau, Marketing, Maryland, MGM Mirage, Ohio, Regulation, Sheldon Adelson, Station Casinos, Steve Wynn, Technology, The Strip, Transportation | 1 Comment

Bad week for DFS

Posted on October 26, 2015 by David McKee

“What it’s doing is calling fantasy sports what it is. Do you pay money to get into the contest, and do you get money back when you win? And if so, that’s gambling.” So says South Point attorney Barry Leibermann of … Continue reading →

Posted in Atlantic City, California, Colorado, Delaware, Florida, Georgia, Illinois, Internet gambling, Kansas, Maryland, Massachusetts, Michael Gaughan, Mississippi, New York, Ohio, Politics, Technology | Comments Off on Bad week for DFS

Fourth time the charm?; Paging Sheldon Adelson

Posted on October 14, 2015 by David McKee

Gaming-management company Foundation Gaming Group likes DiamondJacks Casino in Vicksburg, it’s buying the place outright — a change of style for Foundation, which prefers running casinos to owning them. There may be some nostalgia in the decision by Foundation COO … Continue reading →

Posted in Colony Capital, Downtown, Genting, International, Isle of Capri, Louisiana, Mississippi, Sheldon Adelson, Technology, The Strip | 2 Comments

Mad slot skillz; Tribes at war with one another

Posted on October 12, 2015 by David McKee

Skill-based slot games are a long way from deployment but that didn’t discourage The Motley Fool‘s Jeff Hwang from scouting the Global Gaming Expo show floor in search of entertaining product. The games he saw the greatest potential in were … Continue reading →

Posted in California, Economy, G2E, IGT, Internet gambling, MGM Mirage, Pennsylvania, Scientific Games, Technology, Tribal | Comments Off on Mad slot skillz; Tribes at war with one another

MGM reassures Springfield; New gig for Loveman

Posted on October 6, 2015 by David McKee

MGM Resorts International President William Hornbuckle‘s promptly arranged visit to Springfield took on the nature of a damage-control effort yesterday. Hornbuckle made an unequivocal commitment to the city, saying, “We have not gone anywhere, we will not go anywhere and we … Continue reading →

Posted in Boyd Gaming, Florida, Harrah's, Massachusetts, MGM Mirage, Regulation, Technology | Comments Off on MGM reassures Springfield; New gig for Loveman

Quote of the Day

Posted on October 5, 2015 by David McKee

“Are you kidding me? I know my kids … These games need to change. The time is now.” — Caesars Entertainment CEO Mark Frissora riling up slot machine makers at Global Gaming Expo by saying he was “shocked” by the retrograde … Continue reading →

Posted in G2E, Harrah's, Technology | Comments Off on Quote of the Day

Crime and plentitude at G2E

Posted on September 30, 2015 by David McKee

Internet gambling having been temporarily moved to a back burner, thanks to Sheldon Adelson, the American Gaming Association has turned its attention at Global Gaming Expo to organized crime, which continues to be a shadowy partner to gambling, at least … Continue reading →

Posted in Atlantic City, Boyd Gaming, G2E, Genting, Geoff Freeman, Internet gambling, Macau, Maine, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Scientific Games, Sheldon Adelson, Technology, The Mob, The Strip, Tribal, Wall Street | Comments Off on Crime and plentitude at G2E

Quote of the Day

Posted on September 18, 2015 by David McKee

“These regulations, you had me at hello. They really touched a personal note to me.” — Nevada Gaming Commission Chairman Tony Alamo Jr., getting all emotional over skill-based slot games.

Posted in Regulation, Technology | Comments Off on Quote of the Day

China is the watchword; Atlantic City rebounds

Posted on September 16, 2015 by David McKee

Builders of $135 million Lucky Dragon Casino, across Sahara Avenue from the former Circus Circus RV park, are fast-tracking the project for a mid-2016 opening. Financed with EB-5 visa contributions, Lucky Dragon hopes to be a one-stop shop for Chinese players … Continue reading →

Posted in Animals, Atlantic City, Culinary Union, Dining, Election, Lucky Dragon, Macau, Regulation, Sheldon Adelson, SLS Las Vegas, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street | Comments Off on China is the watchword; Atlantic City rebounds

Case Bets: Caesars, Detroit, New York & Steve Wynn

Posted on September 9, 2015 by David McKee

In one of the industry’s more bizarre developments, Harrah’s Tunica will become an assisted-living facility if buy TJM Properties has its druthers. Caesars Entertainment Operating Co. has asked a bankruptcy court to approve the sale. It won’t bring in that … Continue reading →

Posted in Detroit, Economy, G2E, Harrah's, International, Internet gambling, Massachusetts, MGM Mirage, Mississippi, New York, Regulation, Steve Wynn, Technology, Transportation | Comments Off on Case Bets: Caesars, Detroit, New York & Steve Wynn

Potential free-for-all in Massachusetts; Tribal triumph in Alabama

Posted on September 4, 2015 by David McKee

Massachusetts Attorney General Maura Healey took time out from impeding Steve Wynn‘s Everett casino to run a cart and horses through the Legislature’s carefully crafted three-casinos-and-one-slot-parlor formula. She approved a ballot question that seemed tailor-made to give Suffolk Downs racino status, … Continue reading →

Posted in Alabama, Atlantic City, Delaware, Election, Harrah's, Internet gambling, Massachusetts, Pennsylvania, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Technology, Tribal | Comments Off on Potential free-for-all in Massachusetts; Tribal triumph in Alabama

Reality check at Sands; Bonanza in Baltimore

Posted on September 4, 2015 by David McKee

Sheldon Adelson risks making himself look in denial with his continuing insistence that the economic troubles in Macao are cyclical. This is B.S.: There has never been a ‘cycle’ in Macao of such depth or duration. Adelson’s Pollyanna attitude contrasts … Continue reading →

Posted in Economy, Harrah's, Japan, Macau, Marketing, Maryland, Sheldon Adelson, Singapore, Taxes, Technology, The Strip, Wall Street | 1 Comment