Category Archives: Tribal

Springfield: MGM wins again; Barton: Congressman or con artist?

Posted on July 17, 2013 by David McKee

As predicted, voter turnout was low but a victory is a victory, and MGM Resorts International went home a winner yesterday. Springfield voters ratified an agreement between MGM and the city, 58% to 42%. Scarcely had the last vote been … Continue reading →

Posted in Atlantic City, Current, Donald Trump, Economy, Environment, Harrah's, Harry Reid, International, Internet gambling, Massachusetts, MGM Mirage, Politics, Racinos, Regulation, Revel, Sheldon Adelson, Steve Wynn, Taxes, Tribal | 1 Comment

Caesars: You only buy twice; To Russia with Ho; Land in (dis)trust

Posted on July 12, 2013 by David McKee

Do you already own stock in Caesars Entertainment? Congratulations. Thanks to the Nevada Gaming Control Board, you will have an opportunity to pay a second time for some of Caesars’ assets. Although it hopes to raise $1.2 billion from the … Continue reading →

Posted in Current, Florida, Harrah's, International, Internet gambling, Lawrence Ho, Macau, Maryland, Ohio, Planet Hollywood, Regulation, Tribal, Wall Street | 2 Comments

Massachusetts: Bluhm, Penn pounce; Galaxy gets bounced

Posted on July 12, 2013 by David McKee

From the You Read It Here First file, yes, it’s indeed true that Neil Bluhm‘s Rush Street Gaming is descending upon the town of Millbury as its next prospective site for a slot parlor. Bluhm surrogate Greg Carlin says the … Continue reading →

Posted in California, Cordish Co., Current, Harrah's, Massachusetts, Neil Bluhm, New Hampshire, Penn National, Racinos, Regulation, Technology, The Strip, Tribal | 1 Comment

Massachusetts: It’s where the action might be; Where there’s smoke, there’s Sheldon

Posted on July 9, 2013 by David McKee

Update/Correction: I’m reliably informed that dog racing (see below) is illegal in Massachusetts and will remain so, praise be. Also, Neil Bluhm is now wooing Millbury for a slot-parlor site. Except for Raynham Park, all slot-parlor applicants are under the … Continue reading →

Posted in Animals, Architecture, Colony Capital, Cordish Co., Current, Economy, Environment, history, International, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Oklahoma, Politics, Racinos, Regulation, Sheldon Adelson, Tribal | 1 Comment

Accord in Kentucky; Atlantic City on the move; James Packer’s comeback

Posted on July 5, 2013 by David McKee

But there are still some stirrings of activity on the casino front. For starters, Bwin.Party has agreed to fork over $15 million to Kentucky. According to the company the payment “resolves the only remaining litigation … that stems from our … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Cirque du Soleil, Colony Capital, Current, Entertainment, International, Internet gambling, James Packer, Kentucky, MGM Mirage, Regulation, Station Casinos, Taxes, The Strip, Tribal | Comments Off on Accord in Kentucky; Atlantic City on the move; James Packer’s comeback

SkyVue kaput?; Wowing them in Massachusetts

Posted on July 3, 2013 by David McKee

That’s the unavoidable conclusion, despite the increasingly comical protestations of local developer Howard Bulloch‘s sidekicks. Caesars Entertainment‘s rival Ferris wheel may be in a terrible location, it may be progressing slowly but — but — it is progressing. SkyVue has … Continue reading →

Posted in Architecture, Current, Economy, Genting, Harrah's, Massachusetts, MGM Mirage, Penn National, Politics, Regulation, Steve Wynn, The Strip, Tourism, Tribal, Wall Street | 2 Comments

Deal or no deal?; Two-face Trump; Good news for Adelson

Posted on July 3, 2013 by David McKee

This just in: Poker Stars has announced an agreement to offer Internet gambling in New Jersey via Mohegan Sun-run Resorts Atlantic City. This enables Rational Group to get a U.S. foothold without the inconvenience of buying a physical casino. Colony Capital … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Donald Trump, Economy, Internet gambling, Macau, Pennsylvania, Sheldon Adelson, Tourism, Tribal | 1 Comment

Case Bets: Crystals, Baltimore, Mohegan Sun, Macao

Posted on June 27, 2013 by David McKee

Somebody’s finally found a good use for Crystals: as a museum. Daniel Liebeskind‘s design of the property would be more conducive to viewing art than to shopping and it never has trouble drawing lookie-lous. (Customers, eh, not so much.) Somebody … Continue reading →

Posted in Architecture, CityCenter, Current, Entertainment, Harrah's, Macau, Maryland, Massachusetts, MGM Mirage, Sheldon Adelson, Taxes, The Strip, Tourism, Tribal | 2 Comments

Jumped, pushed or just fed up?

Posted on June 26, 2013 by David McKee

All of a sudden there’s a spate of turnover in the gaming industry. The ongoing verbal meltdown of Paula Deen was going to have to force Caesars Entertainment to take some form of action, particularly if it wants to preserve … Continue reading →

Posted in California, Cretins, Current, Dining, Florida, Genting, Harrah's, Illinois, Indiana, International, Mississippi, Sheldon Adelson, Tribal, Wall Street | 3 Comments

History in the making; Mohegan Sun: Go fly a balloon

Posted on June 25, 2013 by David McKee

Soon, the North Fork Rancheria Band of Mono Indians is expected to become not only California‘s 63rd gaming-enabled tribe but the first with an off-reservation casino. The medium-sized (2,000 slots, 200 hotel rooms) facility would be 36 miles off the … Continue reading →

Posted in California, Cordish Co., Current, Entertainment, Massachusetts, Mesquite, Station Casinos, Tribal | Comments Off on History in the making; Mohegan Sun: Go fly a balloon

Wynn wins big; Foxwoods and Mohegans try harder

Posted on June 24, 2013 by David McKee

As expected, voters in Everett, Massachusetts, went to the polls, expressed their approval of Wynn Resorts‘ proposed resort — and it wasn’t even close. Opposition was obliterated, 86% to 14%. Where the burghers of tony Foxborough had turned up their … Continue reading →

Posted in Culinary Union, Election, Entertainment, Massachusetts, MGM Mirage, New Hampshire, Regulation, Sheldon Adelson, Steve Wynn, Tourism, Tribal | 2 Comments

Revel gets the memo; Sheldon Adelson knows what’s good for you

Posted on June 21, 2013 by David McKee

Wall Street really hates it when casinos buy business with “promotional allowances” (read: comps) but sometimes — and especially when you’re Revel Hotel-Casino — there’s no choice. In marketing policies as new as its expanded nomenclature, Revel is acknowledging its … Continue reading →

Posted in Atlantic City, Cantor Gaming, Current, Economy, Environment, Harry Reid, International, Internet gambling, Marketing, Politics, Revel, Sheldon Adelson, Tribal | 1 Comment

Galaxy fights back

Posted on June 20, 2013 by David McKee

What do you do if you’re Galaxy Gaming CEO Robert Saucier? A judge in California has called you “evasive and … intentionally dishonest.” (Or, in plain English, “Liar, liar, pants on fire!”) You’re under scrutiny for a laundry list of … Continue reading →

Posted in California, Current, Regulation, Technology, Tribal, Wall Street | Comments Off on Galaxy fights back

Ohio: A disappointment, not a flop

Posted on June 18, 2013 by David McKee

Editor’s note: On June 20, J.P. Morgan lowered its price-per-share target for Penn National Gaming, citing “the sluggish Ohio ramp,” along with cannibalization of business in neighboring states. On May 22, legislators in Ohio voted to limit payouts from “sweepstakes … Continue reading →

Posted in Dan Gilbert, Economy, Harrah's, Internet gambling, Massachusetts, MTR Gaming, New Hampshire, Ohio, Penn National, Pennsylvania, Politics, Racinos, Regulation, Rhode Island, Tribal, Wall Street | Comments Off on Ohio: A disappointment, not a flop

Delaware casinos offered bailout; Wynn making gains in Massachusetts

Posted on June 18, 2013 by David McKee

State governments like casinos because they fill the capitol’s coffers with revenue. At least that’s what they’re supposed to do. But something’s gone very wrong in Delaware. Gov. Jack Markell‘s administration — having an extra $50 million on hand — … Continue reading →

Posted in Harrah's, Massachusetts, Neil Bluhm, Penn National, Politics, Steve Wynn, Taxes, Tribal | Comments Off on Delaware casinos offered bailout; Wynn making gains in Massachusetts

Wynn gets serious in Massachusetts; Little racino bests Caesars

Posted on June 14, 2013 by David McKee

Steve Wynn is engaging a multi-pronged effort to clinch the favor of voters in Everett. Of course, if the Massachusetts Gaming Commission takes time off from generating paperwork to stop and be impressed by Wynn’s campaign, so much the better. Wynn’s … Continue reading →

Posted in Architecture, Current, Dan Gilbert, Harrah's, Massachusetts, Ohio, Pennsylvania, Racinos, Regulation, Steve Wynn, Taxes, Tribal | 1 Comment

Pinnacle: First the good news …; Cuomo strikes again

Posted on June 13, 2013 by David McKee

Pinnacle Entertainment has lined up $2.9 billion in financing for its takeover of Ameristar Casinos. (Wouldn’t it have been awkward if Wall Street had said, “No thanks”?) In case you’re wondering, the deal values Ameristar at 8X cash flow, a … Continue reading →

Posted in Ameristar, Current, Harrah's, Louisiana, MGM Mirage, Mississippi, New York, Pinnacle Entertainment, Regulation, Taxes, Tribal, Wall Street | 1 Comment

Don’t tell Sheldon!; East Coast misadventures

Posted on June 4, 2013 by David McKee

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 →

Posted in Atlantic City, Harrah's, International, Internet gambling, Marketing, Massachusetts, Melco Crown Entertainment, New Hampshire, Ohio, Pennsylvania, Politics, Sheldon Adelson, Slot routes, Taxes, Transportation, Tribal | 2 Comments

The rest of the story: Boyd, IGT & Bally

Posted on June 3, 2013 by David McKee

While in Vegas, Deutsche Bank’s Carlo Santarelli dropped in on Boyd Gaming and … well, the news wasn’t as good there as on the Strip. He predicts a “tempered recovery,” adding that “expectations for an inflection in the LV locals … Continue reading →

Posted in Boyd Gaming, Current, IGT, Illinois, Internet gambling, Louisiana, Mississippi, Slot routes, The Strip, Tribal, Wall Street | Comments Off on The rest of the story: Boyd, IGT & Bally

New Maryland casino a hit; Casino lobbying a flop; Next: Sands Markham?

Posted on May 29, 2013 by David McKee

A thousand people waiting to get into a casino on opening day would be nothing at all in Las Vegas. But at Maryland‘s penultimate casino, Rocky Gap Resort, it’s a positive omen, especially since the mini-sino has but 10 tables … Continue reading →

Posted in Atlantic City, Current, International, Internet gambling, Lyle Berman, Marketing, Maryland, Politics, Regulation, Sheldon Adelson, Singapore, Sports, Tribal | Comments Off on New Maryland casino a hit; Casino lobbying a flop; Next: Sands Markham?