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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Transportation
Building better mousetraps
Were I Steve Wynn, I would be feeling somewhat discouraged by my prospects in Massachusetts. Just look at what happened to Cordish Gaming. Its Leominster slot-parlor proposal got high marks, but was ultimately passed over because Penn National Gaming‘s rival … Continue reading
Posted in Atlantic City, Cordish Co., Entertainment, Horseracing, Marketing, Massachusetts, Mohegan Sun, Penn National, Reno, Steve Wynn, Technology, Transportation, Warner Gaming
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More slots for the Sunshine State; Sheldon’s big payday
A 453-page casino-enabling bill in the Florida state Senate just got a bit longer when Sen. Maria Sachs added language that would enable six additional counties (Palm Beach, Gadsden, Washington, Lee, Hamilton and Brevard) to have slots at their parimutuels. … Continue reading
Posted in Arizona, Atlantic City, Environment, Florida, International, Isle of Capri, Macau, Politics, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes, Transportation, Tribal
1 Comment
Pinnacle beats The Street; MGM goes electric
Pinnacle Entertainment did a brilliant job of managing Wall Street‘s expectations, its cash flow coming in $5 million above analysts’ consensus, driven by lower operating expenses. J.P. Morgan‘s Joseph Greff called the results “better than feared,” which tells you how … Continue reading
Posted in Ameristar, Environment, Foxwoods, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Missouri, Ohio, Pinnacle Entertainment, Transportation, Tribal, Wall Street
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Through a looking glass, brightly
So much for my crystal ball. Two projects that I openly doubted are now close to fruition and a third is showing fitful signs of life. (Another, Howard Bulloch‘s Ferris wheel, appears to be being dismantled.) Yesterday, SLS Las Vegas … Continue reading
Posted in Alex Yemenidjian, Cannery Casino Resorts, Entertainment, Hard Rock Hotel, Harrah's, MGM Mirage, Planet Hollywood, Sahara, Sam Nazarian, The Strip, Tilman Fertitta, Tourism, Transportation
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Genting: We bombed in Miami; Jockeying for position in Massachusetts
It took almost no time at all for Genting Group’s latest Miami proposal to draw heavy political criticism. State Sen. Gwen Margolis (D), who represents the area, thinks a slot parlor is too downscale for the neighborhood. She also points … Continue reading
Posted in Genting, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Steve Wynn, Transportation
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Kentucky: Let’s try this again; The smell of money
There will be yet another push for casino gambling in the Kentucky Legislature, with hopes of getting a constitutional amendment on the 2014 ballot. The move has bipartisan sponsorship. Dan Seum (R) is carrying the ball in the state Senate … Continue reading
Posted in Architecture, Kentucky, Oklahoma, Racinos, Transportation, Tribal
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X Train dead? Is so! Is not!
“I’ll believe when I see it” has always been a good policy to follow when dealing with the X Train. This, you may recall, was the rail service that was to be underwritten with onboard gambling and was to double … Continue reading
Posted in Current, Dining, Downtown, North Las Vegas, Tamares Group, Tourism, Transportation
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Falling upward in Nevada; MGM: The Lion meows
Helped by a wee bit of late-August slot revenue, Nevada posted a 7% revenue gain this month, for a $959 haul. The Strip performed spectacularly, up 13%, and Downtown edged 2% higher. Lake Tahoe vaulted 23% but Reno fell off … Continue reading
Posted in Boulder Strip, CityCenter, Current, Downtown, Lake Tahoe, Laughlin, Macau, Mesquite, MGM Mirage, North Las Vegas, Reno, Sheldon Adelson, The Strip, Tourism, Transportation, Wall Street
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N.Y. casino expansion in danger; Macao: Full to bursting
A poll on Proposition One, conducted by Parkside Group, shows casino expansion in New York State enjoying a bare majority of 51%. If that doesn’t galvanize Gov. Andrew Cuomo (D) and other supporters into action, it ought to — especially … Continue reading
Posted in California, Election, Macau, New York, Politics, Station Casinos, Tourism, Transportation, Tribal, Wall Street
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Another reason to hate Allegiant; Fertitta gets an “F”
That airline that charges you for checking bags, then floated the idea of charging you for not checking bags has found yet another way to screw its customers, as a planeload of them discovered last weekend in Las Vegas. Yes, … Continue reading
Posted in Atlantic City, Downtown, Laughlin, Mississippi, Tilman Fertitta, Tourism, Transportation
4 Comments
Boston briefs: Caesars gets the vote out, etc.
In the face of iffy local support for its Suffolk Downs project, Caesars Entertainment has surrogates going door to door in East Boston, selling voters on the proposal’s virtues. Given the Latino majority among Easties, that’s where Caesars is targeting … Continue reading
Scramble in Massachusetts; Malaise in Mississippi
Sept. 24 is the day appointed for voters in Leominster to say “aye” or “nay” to a slot parlor proposed by Cordish Gaming. That’s nine days before the deadline for submitting voter-approved HCAs to the Massachusetts Gaming Commission. Which, in … Continue reading
Posted in Cordish Co., Current, Economy, Election, Florida, Foxwoods, Genting, Louisiana, Massachusetts, Mississippi, Mohegan Sun, Neil Bluhm, Sheldon Adelson, The Strip, Transportation, Tribal
1 Comment
Hail, Caesars; Some roads lead to Foxwoods; Bluhm disappoints
It’s not every day that Caesars Entertainment CEO Gary Loveman has a good idea. But when he does, it’s a real brainwave. Such has proven to be the case with Caesars’ purchase of social-gaming Web firm Playtika. The latter has … Continue reading
Posted in Hard Rock International, Harrah's, IGT, Illinois, Internet gambling, Macau, Maryland, Massachusetts, MGM Mirage, Neil Bluhm, Pansy Ho, Penn National, Pennsylvania, Politics, Regulation, Stanley Ho, Station Casinos, Taxes, The Mob, Transportation, Tribal
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Gold strike in Maryland; Ghost train; ‘Sell’ order on Sands; Wynn cleared
That elastic band which is American consumers’ gambling budget may have tightened in Illinois and gone slack in Ohio, but it’s expanding nicely in Maryland, now that table games are part of the mix. Sayeth the Maryland Lottery, revenues for … Continue reading
Posted in California, Cordish Co., Current, Economy, Macau, Maryland, Massachusetts, North Las Vegas, Penn National, Pennsylvania, Sheldon Adelson, Steve Wynn, Tourism, Transportation, Wall Street
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Don’t tell Sheldon!; East Coast misadventures
As EuroVegas appears on the verge of collapse, recent bulletins pile another indignity upon Sheldon Adelson. When Barcelona‘s BCN World wanted to add a casino, it reached 3/4 of the way around the globe to recruit … Melco Crown Entertainment … Continue reading
Clever Quinn; Rearranging the deck chairs; PE firms repulsed
Just when boosters of casino expansion in Illinois thought they had a done deal, Gov. Pat Quinn (D) sprung a carefully concealed snare: No pension reform, no dice. He dismissed Rep. Lou Lang‘s endless, insane casino crusade as a “shiny … Continue reading
Posted in Current, Harrah's, Illinois, Indiana, Massachusetts, Politics, Regulation, Sheldon Adelson, Singapore, The Strip, Transportation, Tribal, Wall Street
1 Comment
Icahn nixes Trump deal; Steve Wynn’s fugitive friend
If Carl Icahn holds the note on your life, you are in a world of hurt, my friend. Just ask Trump Entertainment Resorts, whose $20 million sale of wretchedly performing Trump Plaza Hotel & Casino suddenly looks very shaky. What’s … Continue reading
A chilly wind in Atlantic City; They gave a casino and nobody came
One doesn’t really think of going to shore in March, so it’s no surprise that Atlantic City casino revenues were — excluding Revel — down 14% last month. The latter grossed $10 million, pulling it almost dead even with the … Continue reading
Posted in Architecture, Boulder Strip, Boyd Gaming, Colony Capital, Current, Donald Trump, Downtown, Economy, Harrah's, Oklahoma, Revel, Slot routes, Station Casinos, Texas, Tilman Fertitta, Tourism, Transportation, Tribal
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Case Bets: Magic Mike; Bahamas boo gambling; New moves in Massachusetts, Philly
Sheldon Adelson being too busy trying to dictate American foreign policy, it was left to his Number Two Man, COO Michael Leven (left) to go to Toronto and make the case for a Las Vegas Sands megaresort. Leven soft-pedaled the … Continue reading
MGM Cotai clears final barrier; devil in the Maryland details
Although the government of Macao enjoys nothing better than to make casino owners wait and fidget for their land leases to be “gazetted,” today is MGM Resorts International‘s lucky day. MGM China received final approval for its Cotai Strip megaresort. … Continue reading
Posted in Boyd Gaming, California, Current, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Tourism, Transportation, Tribal, TV, Wall Street
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