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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,705 views
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Category Archives: Tribal
November in Vegas: The house lost; Players jilt Caesars in A.C.
There’s no other way of saying it (although many are trying). Strip casinos got their clocks cleaned in November as Lady Luck favored the punters, not the house. A 13% dropoff on the Strip was driven by a perfect storm … 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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Exit Fahrenkopf, enter … ?
After a long (17 years) and eventful tenure at the top of the American Gaming Association, President Frank J. Fahrenkopf is calling it a day. On June 30, he hands over the reins to a successor as yet to be … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, Current, Florida, G2E, Internet gambling, Mississippi, Pennsylvania, Politics, Sheldon Adelson, Tribal
2 Comments
Wynn comes (back) to Massachusetts; Revel’s rattling tin cup
Despite several months of doom-and-gloom economic predictions from Steve Wynn, the mogul has decided to “buy American” again, not only returning to the site of previous skirmishes (Philadelphia) but also taking a second run at Massachusetts. S&G was no fan … Continue reading
Posted in Ameristar, Atlantic City, Cannery Casino Resorts, Current, Economy, Election, Environment, Harrah's, Marketing, Massachusetts, Neil Bluhm, Pennsylvania, Politics, Racinos, Regulation, Revel, Steve Wynn, Tourism, Tribal, Wall Street
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Springfield: Ameristar pulls the chicken switch
In an even more surprising development than Steve Wynn getting voted out of Foxborough, the seemingly leading contender for a western Massachusetts casino abruptly withdrew from the fray last Friday night. In a stunning abdication, Ameristar Casinos CEO Gordon Kanofsky … Continue reading
Posted in Ameristar, Current, Marketing, Maryland, Massachusetts, MGM Mirage, Penn National, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street
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More Tales of Trump; Tribes vs. Tribes
Penn Jillette, never known for circumspection, has a field day with Donald Trump in his latest tome, Every Day is an Atheist Holiday. Like any patriotic American, he can’t resist a pot-shot at Trump’s combover, which is described as resembling … Continue reading
Posted in California, Charity, Donald Trump, Regulation, Tribal, TV
1 Comment
A tale of two Penns
Update: Seeking Alpha’s Brad Thomas has run the numbers on the Penn split and doesn’t like the risk/reward scenario. Fifteen years and many consolidations ago, the casino industry was seized by a brain fever. It was set off by the … Continue reading
Posted in Ameristar, Colorado, Cordish Co., Harrah's, history, Indiana, International, Kansas, Louisiana, Maine, Maryland, MGM Mirage, Ohio, Pennsylvania, Racinos, Regulation, Riviera, Sheldon Adelson, Station Casinos, Steve Wynn, Taxes, Texas, The Strip, Tribal, Wall Street
2 Comments
Wynn comes to Philadelphia … again; Atlantic City: About as expected
Now we know why Steve Wynn was careful to mend fences with Philadelphia Mayor Michael Nutter (below) in 2010 when negotiations to take over the doomed Foxwoods Casino Philadelphia project abruptly feel apart and Wynn skipped town. He’s back with … Continue reading
Posted in Atlantic City, Baseball, Colony Capital, Cordish Co., Current, Donald Trump, Economy, Harrah's, Maryland, Neil Bluhm, Penn National, Pennsylvania, Politics, Regulation, Revel, Steve Wynn, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street
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Election wrap-up: Winners & losers
But first, because it will never, ever get old … Also this, from @daveweigel: “[Florida] exit poll: Obama winning Jewish vote by 40 points. 40 points. Nice work, Sheldon Adelson.” We’ll tap dance on Sheldon’s head some more further down, … Continue reading
Posted in Atlantic City, Colony Capital, Colorado, Cordish Co., Cretins, Current, Donald Trump, Economy, Election, Florida, Goldman Sachs, Harrah's, International, Internet gambling, Maine, Marketing, Maryland, Massachusetts, Minnesota, Pennsylvania, Politics, Racinos, Sheldon Adelson, Shuffle Master, Steve Wynn, Tribal, TV, Wall Street, West Virginia
4 Comments
Betting on our future; Wretched excess in Maryland; Penn perseveres
While the voters have not yet spoken (although they’re getting an early start here), the betting markets are feeling less restraint. While the amount wagered online on the results of today’s presidential election — $16 million, according to one source … Continue reading
Posted in Architecture, Cordish Co., Current, Election, Harrah's, Illinois, International, Internet gambling, Iowa, Marketing, Maryland, MGM Mirage, Missouri, Penn National, Politics, Tribal
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Atlantic City open for business
Actually, a few hardy souls — like fearless restaurateur Montgomery Dahm, who was semper fidelis to his fellow citizens — never closed. Add Tun Tavern to your list of must-see stops when you visit Atlantic City. Ditto Ducktown Tavern & … Continue reading
Have you seen this man?; Bluhm comes to Beantown
Anyone remember Gov. Steve Beshear (D)? For the five years, he’s been spinning his wheels, trying to get gambling expanded in Kentucky past horse racing. When Beshear ran for reelection last year, his GOP opponent, then-state Senate President David Williams … Continue reading
Posted in Current, Illinois, Isle of Capri, Kentucky, Macau, Massachusetts, Missouri, Neil Bluhm, Politics, Racinos, Regulation, Tribal
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No-win situation; October surprise
You might say Mitt Romney was for gambling before he was against it. Both as a 1994 Senate candidate and later as governor, he advocated slot parlors and later VLTs in Massachusetts. (He also proposed to extort $75 million apiece … Continue reading
Posted in Atlantic City, Cantor Gaming, Current, Election, Harrah's, International, Massachusetts, Regulation, Taxes, Tourism, Tribal, Wall Street
1 Comment
Hurricane Sandy: “It’s going to take years to recover”; ‘Unsafe sex’ at Sands
A natural disaster on the East Coast is fast becoming an industry-wide problem, its effects felt as far afield as Iowa, I kid you not. In light of the total havoc Hurricane Sandy has wrought upon travel, particularly by air, … Continue reading
Cosmo: Yes, we have gambling!; Election Special 2: Palm Beach
For the umpteenth time, The Cosmopolitan of Las Vegas has been obliged to go to the media and say, ‘Yes, we not only have gambling but we actually like it, we really do.’ It’s a message that got kicked under … Continue reading
Posted in Arizona, Cosmopolitan, Current, Dining, Economy, Election, Florida, Isle of Capri, Marketing, Racinos, Sheldon Adelson, Taxes, The Strip, Tourism, Tribal, Wall Street
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Atlantic City and Sandy’s silver lining; Adelson to cop a plea?
At the risk of taking Hurricane Sandy too lightly, in some respects the storm — currently on a path straight for Atlantic City — represents a strange blessing in disguise for the Boardwalk. With the city all buttoned up as … Continue reading
Posted in Cretins, Current, Donald Trump, Economy, Election, Environment, Macau, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment
1 Comment
Zynga counterattacks; Fail, Caesar; Adelson honored
If the Stalin organs of the Zynga PR battery had fallen silent, it was only to reload. As predicted yesterday, Zynga is regrouping around Internet gambling as its new strategy of choice. Zynga unleashed “announced an exclusive partnership [with Bwin.party] … Continue reading
Election special 1: Oregon, Nevada, Michigan & Rhode Island
It’s time to wind up the S&G electoral machinery and look at casino-related ballot questions that you might be asked to weigh come November. In Arkansas, we’ve already had the piquant spectacle of a gambling ballot initiative that was struck … Continue reading
Posted in Detroit, Economy, Election, Harry Reid, Illinois, International, Maryland, Massachusetts, Racinos, Rhode Island, Sheldon Adelson, Shuffle Master, Taxes, Tribal, Wall Street
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Gomes alone; Mohegan Sun pink-slip-slidin’ away
Former Resorts Atlantic City underboss Aaron Gomes might want to change his travel plans. Scarcely had he announced his departure from his late father’s casino than his new gig, Sydney‘s troubled Star Casino, looks very doubtful. Gomes had planned to … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, Carl Icahn, Columbia Sussex, Current, Dennis Gomes, Economy, Genting, Marketing, Massachusetts, New York, Racinos, Regulation, Tourism, Tribal, Tropicana Entertainment
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