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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Tribal
The man who couldn’t make up his mind
Wisconsin Gov. Scott Walker (R) has become the Hamlet of the casino industry, torn between varying tribal interests and uncommitted to decisive action. He’ll have to make some decision on the Menominee Nation‘s Hard Rock International project in Kenosha by … Continue reading
Indian givers in D.C.; Mixed bag for Foxwoods, Mohegan Sun
Arizona‘s congressional delegation continues to single out the Tohono O’odham Nation for being too successful. Sens. John McCain (R) and Jeff Flake (R), and Reps. Trent Franks and Paul Gosar are trying yet again to legislate the Tohono O’odham’s $400 … Continue reading
Posted in Arizona, Economy, Foxwoods, Geoff Freeman, International, Mohegan Sun, Politics, Regulation, Sports, Tribal
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New day at the AGA; Illinois casinos feel the slot-route squeeze
For the first time, a Native American gaming enterprise has become part of the American Gaming Association, as Seminole Hard Rock Gaming has cracked what had been the lobbyist equivalent of a whites-only country club. It’s part of an image … Continue reading
Start making sense; Walker dodges a bullet
“Indianapolis is making it impossible to run cities,” complains Hammond Mayor Thomas McDermott Jr., who’s nettled by a proposal to eliminate the $3 admission fees Indiana casinos pay on behalf of their customers. The port authority of Hammond is run … Continue reading
Revel: Straub vs. Straub
If Glenn Straub can’t have Revel, he’s determined to see that no one else can … including Glenn Straub. The sole remaining bidder for Atlantic City‘s $2.4 billion white elephant, Straub’s $95.4 million bid for it was accepted by bankruptcy … Continue reading
Posted in Atlantic City, Cordish Co., Glenn Straub, Harrah's, Maryland, Penn National, Revel, Tribal, Wisconsin
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New Yorkers want a do-over; Another EuroVegas folds
Magnanimously, Traditions at the Glen partner — and losing casino bidder — Peter Walsh is throwing his support to racino mogul Jeff Gural. The latter is trying to pry New York‘s fourth and last new-casino license loose from New York State’s … Continue reading
Posted in California, Delaware, Economy, Genting, Hard Rock International, Harrah's, International, Internet gambling, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, New York, Pennsylvania, Philippines, Politics, Racinos, Tribal, Wall Street
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Atlantic City faces uncertain 2015; Wynn remakes Boston look
It can’t get any worse. That’s the cautious mantra emerging from the Boardwalk, where Atlantic City shed four casinos last year. Trump Taj Mahal is on life support provided by Carl Icahn and Caesars Entertainment CEO Gary Loveman has cast … Continue reading
Posted in Architecture, Atlantic City, Carl Icahn, Economy, Glenn Straub, Harrah's, Massachusetts, Regulation, Revel, Steve Wynn, Technology, Tribal, Trump Entertainment Resorts
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Hello, Yellow Brick Road; Packer’s big plan
New York‘s Oneida Indian Nation was quick to counterpunch at last week’s private-sector casino expansion. They plan to open 436-slot, 250-job Yellow Brick Road Casino in L. Frank Baum‘s hometown of Chittenango, N.Y. Thanks to the terms of their compact with the state, … Continue reading
Posted in Architecture, Australia, Harrah's, Horseracing, James Packer, Marketing, MGM Mirage, New York, Racinos, The Strip, Tribal
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Many called, few chosen for New York casinos
Count mega-budget offerings from Genting Group and Caesars Entertainment among the marquee-name dismissals in the New York Gaming Facility Location Board‘s final cut of casino applicants. Also going into the circular file were a second Genting project (Resorts World Hudson Valley), along with … Continue reading
Posted in Churchill Downs, Cordish Co., Economy, Genting, Hard Rock International, Harrah's, Horseracing, International, Mohegan Sun, Neil Bluhm, New York, Penn National, Racinos, Taxes, Tribal
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Atlantic City: Fertitta wins, Taj too close to call
Score one for the Golden Nugget in Atlantic City and its peppery owner, Tilman Fertitta. Its threat to “blow up” a property-tax reform deal was sufficient to bring about a compromise acceptable to all sides. Under the original bill and … Continue reading
Posted in Atlantic City, Carl Icahn, Economy, Oklahoma, Politics, Regulation, Taxes, Tilman Fertitta, Tribal, Trump Entertainment Resorts
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Fixing Foxwoods, Perryville
Felix Rappaport continues to unveil a new strategy for Foxwoods Resort & Casino. Operations weren’t predecessor Scott Butera‘s strong suit, by the latter’s own profession. So, the restructuring having been done, enter Rappaport to commence the rebranding. Of oncoming competition … Continue reading
Posted in California, Economy, Foxwoods, Internet gambling, Marketing, Maryland, Massachusetts, Mohegan Sun, Penn National, Regulation, Tourism, Tribal
2 Comments
Icahn: My way or the highway
If Unite-Here doesn’t cave in today, it’s curtains for Trump Taj Mahal. Or so says Carl Icahn, who wants the union to abandon its court fight to restore health and pension benefits breached by Trump Entertainment Resorts. If Icahn carries … Continue reading
Posted in Atlantic City, Boyd Gaming, Carl Icahn, Dining, Entertainment, Harrah's, Louisiana, Pinnacle Entertainment, Texas, The Strip, Tilman Fertitta, Tribal, Trump Entertainment Resorts
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Quote of the Day
“That is going to be a pretty difficult pivot. Just because you have good amenities doesn’t mean people are going to be willing to drive two to three hours to get there.” — Fitch Ratings analyst Alex Bumazhny on Foxwoods … Continue reading
Posted in Foxwoods, Tribal, Wall Street
1 Comment
The war on Dotty’s; Ultimatum in Macao
In the wake of the Dotty’s brouhaha, I find myself wondering how this got to be such a big issue. After all, Nevada Restaurant Services had been buying up defunct bars and store fronts by the score and converting them … Continue reading
Posted in California, Dotty's, Economy, Internet gambling, Macau, PokerStars, Regulation, Station Casinos, Tribal
1 Comment
Chronicle of a bankruptcy, foretold
Dipping into Shakespeare, Howard Stutz endeavors to do justice to the Elizabethan complexity of the Caesars Entertainment bankruptcy. The fault is not in the stars but in Gary Loveman, architect of the disaster. When it was rolled out, back in … Continue reading
Walk softly, carry a Talking Stick
There’s a new symbolic benchmark for the economic importance of tribal gaming in the U.S. What was the US Airways Center, in Phoenix, home of the Phoenix Suns, is becoming Talking Stick Resort Arena. It’s a testimony to the financial … Continue reading
Posted in Arizona, Dotty's, Entertainment, Golden Gaming, Politics, Regulation, Station Casinos, Tribal
1 Comment
Death throes at Trump Taj; Casino clash in Maine
Even with a $5 million cash infusion from rich uncle Carl Icahn, that didn’t stop Trump Taj Mahal from going into Death Spiral Mode. Its greatest asset, its new(ish) hotel tower, has been closed and the casino will no longer … Continue reading
Posted in Atlantic City, GTECH, Horseracing, IGT, International, Lawrence Ho, Maine, Melco Crown Entertainment, Penn National, Politics, Tribal, Trump Entertainment Resorts
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Palace coup at Full House
When you strike at the king, you must kill him — and dissident investor Dan Lee (left) was successful in deposing Andre Hilliou from his throne at Full House Resorts. “I would also like to thank Andre and Mark for their … Continue reading
Adelson keeps coming; Eternal frustration in Florida
Let’s face it: Sheldon Adelson is old, distrusts computers and clearly fears Internet gambling’s encroachment on his mammoth brick-and-mortar casinos. Which means that even if he fails to get the Restore America’s Wire Act bill passed in Congress’ lame-duck session, … Continue reading
Posted in Election, Florida, Harry Reid, Internet gambling, Politics, Sheldon Adelson, Taxes, Tribal
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Paid to not play?; More trouble for Trump, Caesars
Although the American Gaming Association came down against Massachusetts‘ proposed “managed play” system of regulating losses, casino companies are saying, “Not so fast.” Wynn Resorts, MGM Resorts International and Penn National Gaming are all in favor of the idea of … Continue reading
