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Category Archives: Tribal
Massachusetts: No more casinos; Gilbert sells again
Citing an obvious saturation (already) in the Massachusetts market and the possibility of a tribal casino in Taunton or on Martha’s Vineyard, the Massachusetts Gaming Commission punted the award of the state’s final casino license into the indefinite future. In … Continue reading
Posted in Atlantic City, Caesars Entertainment, Dan Gilbert, Donald Trump, Genting, Indiana, International, Internet gambling, Las Vegas Sands, Maryland, Massachusetts, Neil Bluhm, Ohio, Penn National, Politics, Problem gambling, Racinos, Regulation, Singapore, Tribal
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Air guitar; Forgiveness urged for Steve Wynn
The much-anticipated opening of Hard Rock International‘s guitar-shaped hotel-casino in Hollywood, Florida, drew celebrities from Hollywood, California (Johnny Depp), as well as ones who would attend the opening of an eyelid (Kim Kardashian). Hard Rock hopes to recreate the iconic … Continue reading
Posted in Architecture, Australia, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, Florida, Genting, Hard Rock International, Hooters, Illinois, International, Japan, Massachusetts, MGM Resorts International, Mississippi, Nevada, New York, Politics, Regulation, Rush Street Gaming, Scott Butera, Sexual misconduct, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts
1 Comment
Big Brother challenged in Joliet
If rampant facial recognition is such a good thing, how come music festivals like Coachella and SXSW are banning it? The casino industry could take a hint from this, especially as the rejection seems to be coming from much-coveted Millennials. … Continue reading
Oklahoma, tribes ready to talk; Don’t geofence me in
Oct. 28 is the date appointed for Oklahoma gaming tribes to meet with Attorney General Mike Hunter and find out just what Gov. Kevin Stitt (R) wants from them. As one chief put it, “We’re anxiously awaiting what their proposal is.” … Continue reading
Posted in Caesars Entertainment, Colorado, Dan Lee, DFS, Election, Full House Resorts, G2E, Genting, history, Indiana, Las Vegas Sands, Marketing, MGM Resorts International, Oklahoma, Oregon, Regulation, Sexual misconduct, Singapore, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts
1 Comment
$6 million man; Tribal troubles
Las Vegas Sands can’t stay out of court. Marina Bay Sands is being sued by a Chinese gambler who says $6.6 million of his money was moved out of his account and disbursed to other individuals he didn’t know in … Continue reading
Posted in Entertainment, Florida, Hard Rock International, Las Vegas Sands, Law enforcement, New York, Singapore, The Strip, Tribal
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Cornyn checkmates tribes; Crown steps in it again
In this corner, two Native American tribes. In that one, Texas Sen. John Cornyn (R). They say he’s playing politics with their casino aspirations. He says they’re trying to make an end run—by way of the U.S. Senate—of their obligation … Continue reading
Posted in Australia, China, Crown Resorts, Environment, Golden Gaming, Hard Rock International, Hooters, Illinois, Laughlin, Law enforcement, Louisiana, Mohegan Sun, Money laundering, Penn National, Pennsylvania, Philippines, Politics, Slot routes, Texas, The Mob, The Strip, Tribal
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Macao economy flounders; Massachusetts bonanza illusory
Macao got a double-barreled blast of bad news. First off, China‘s gross domestic product has slowed to growth rates not seen in almost 30 years. In fact, the R-word (“recession”) was invoked. Slow investment growth was blamed, as was the … Continue reading
Posted in Caesars Entertainment, California, Charity, China, Downtown, Economy, Foxwoods, Las Vegas Raiders, Law enforcement, Macau, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Penn National, Politics, Technology, The Strip, Tourism, Transportation, Tribal, Wynn Resorts
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Steve Wynn, get lost
Steve Wynn thinks he’s above the Nevada Gaming Control Board. Perhaps he still imagines himself to be “the most powerful man in Nevada.” Either way, he failed to show up for an NGCB hearing on September 7, 2018, showing his … Continue reading
Ocean surges in Atlantic City; Wall Street yawns at MGM sale
Atlantic City gambling revenue was off 3% last month and we’ll be generous, chalking it up to one less weekend day than last year. The Boardwalk grossed $224.5 million, led by Borgata with $57.5 million (a 5% slippage). Table win … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Eldorado Resorts, Greenwood Racing, Hard Rock International, Internet gambling, Japan, MGM Resorts International, Mohegan Sun, Nevada, New Jersey, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Real Estate, Rush Street Gaming, Sports, Sports betting, The Strip, Tilman Fertitta, Tribal, Wynn Resorts
3 Comments
Should we ban Steve Wynn?; Caesars vote set
Perhaps anticipating the expiration of Steve Wynn‘s noncompete agreement with Wynn Resorts, the Nevada Gaming Control Board has filed a complaint against El Steve in court, saying he brought “discredit” upon the state of Nevada, reports KTNV-TV. Could this be … Continue reading
Posted in Caesars Entertainment, California, Carl Icahn, Cordish Co., Dining, Economy, Eldorado Resorts, Environment, Hard Rock International, history, Las Vegas Raiders, Louisiana, Marketing, Maryland, Massachusetts, Mohegan Sun, Regulation, Sexual misconduct, Steve Wynn, Tribal, Wall Street, Wynn Resorts
2 Comments
Trail of breadcrumbs; Survey says …
Waiting for “breadcrumbs to fall off the truck.” That’s Gaming & Leisure Properties‘ self-described business plan. GLPI execs, including CEO Peter Carlino (left), were in Las Vegas for Global Gaming Expo and took the opportunity to chat with J.P. Morgan … Continue reading
Posted in AGA, Cosmopolitan, Economy, Entertainment, GLPI, history, Las Vegas Sands, MGM Mirage, Penn National, Real Estate, The Strip, Tourism, Tribal, TV
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Wall Street rates Vegas, Macao; Tribes skirmish in Illinois
Credit Suisse analyst Ben Combes turned his attention to three major Las Vegas companies, starting with MGM Resorts International. He’s staying neutral on the giant, writing, “We see Las Vegas as a cyclical but long-term growth market, given strong leverage … Continue reading
Posted in China, Conventions, Economy, Illinois, Indiana, Las Vegas Sands, Macau, MGM Resorts International, Pennsylvania, Politics, Tourism, Transportation, Tribal
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Suncoast for sale?; Downtown, Trump Int’l stuck in 20th century
In a cryptic real estate listing, LoopNet has Suncoast emblazoned across the top of its splash page. However, the company says “This listing is not currently being advertised on LoopNet.com” So what the Sam Hill is it doing there? Is … Continue reading
Hard Rock ratified; Get high at Grand River
Rockford‘s city council ratified Mayor Tom McNamara‘s selection of Hard Rock International, 11-1. Even casino opponent Alderman Frank Beach voted aye, saying, “My vote tonight is really not for a casino in Rockford. But it’s the best way to block … Continue reading
Posted in Hard Rock International, Illinois, Law enforcement, Regulation, South Dakota, Tribal
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Bad news all around
Oyo, owner of the former Hooters Casino Hotel, is trying to get out of debt by … incurring more debt. The company raised $2 billion in debt last summer, including a $700 million infusion from company founder Ritesh Agarwal. Oyo’s strategy … Continue reading
Posted in China, Colorado, Hooters, International, Internet gambling, Law enforcement, New York, Problem gambling, Sexual misconduct, Station Casinos, Tribal, Wall Street, Washington State
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Doldrums, hope in Baton Rouge; AGA inducts three
It’s 25 years ago this month that casino gambling came to Baton Rouge. The mood, however, is far from celebratory as the city’s riverboats remain mired in a two-year slump, thanks to the Baton Rouge smoking ban. Some also blame … Continue reading
Posted in AGA, Arkansas, Eldorado Resorts, Environment, GLPI, history, Illinois, Louisiana, Mississippi, Penn National, Pinnacle Entertainment, Regulation, Sports betting, Taxes, Technology, The Strip, Tribal
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Police blotter; Brockton gets shut out
Hawaii is one of the last two bastions of anti-gambling in America. Naturally, in such an environment, illegal gambling is going to flourish. Last week federal authorities indicted 15 individuals (seven of whom are on the lam) and seized 60 … Continue reading
Posted in Canada, Charity, Florida, Hard Rock International, Hawaii, Illinois, Law enforcement, Marijuana, Massachusetts, Money laundering, Neil Bluhm, Racinos, Regulation, Taxes, Tribal, Wynn Resorts
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Rio sold; Best casinos named
Despite rumors that Caesars Entertainment has sworn off trying to sell The Rio (again), it turns out that the Roman Empire was still shopping the resort. It’s been tentatively sold to “a principal of Imperial Companies” for $516 million. If … Continue reading
Posted in Alex Meruelo, Atlantic City, Caesars Entertainment, California, Cosmopolitan, Derek Stevens, Dining, Downtown, Eldorado Resorts, Entertainment, Foxwoods, Genting, Golden Gaming, Hard Rock International, Las Vegas Sands, Louisiana, Marketing, Massachusetts, Mississippi, Mohegan Sun, New York, Ocean Resort, Penn National, Reno, Station Casinos, The Strip, Tilman Fertitta, Tribal, TV, World Series of Poker, Wynn Resorts
1 Comment
Slow News Day, The Sequel
Both Kevin Hart and The Cosmopolitan of Las Vegas are being sued over a sex tape of Hart doing the nasty with actress Monita Sabbag was uploaded onto the Internet. (When in doubt about making a sex tape, don’t.) Hart … Continue reading
Posted in Cosmopolitan, Genting, Iowa, Mississippi, New York, Oklahoma, Reno, Sexual misconduct, Sports, Sports betting, Transportation, Tribal
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Two wins for Wynn; Fewer jobs in Atlantic City
Encore Boston Harbor continues to dominate the Massachusetts scene, with 61% of market share, compared to 25% (not bad) for MGM Springfield, the rest going to Plainridge Park. Encore grossed $85.5 million last month, MGM did $21 million and Plainridge … Continue reading
Posted in Atlantic City, Colorado, DFS, Economy, Maryland, Massachusetts, MGM Resorts International, Oklahoma, Penn National, Resort fees, Sexual misconduct, Sports betting, The Strip, Tribal, Unite-Here, Wynn Resorts
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