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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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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,583 views
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,714 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,127 views
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Category Archives: Tribal
Vegas: Frugality is the new liquidity
I’m sure I speak for some of colleagues in the biz when I say that, on certain subjects, we feel like we’re writing the same story over and over again. (Which is provides yet another reason for our collective fascination … Continue reading
Posted in Boulder Strip, Boyd Gaming, CityCenter, Cosmopolitan, Current, Downtown, Economy, Mesquite, MGM Mirage, Station Casinos, Steve Wynn, The Strip, Tourism, Tribal
12 Comments
The Summer of Love(man)
It may be hard to believe in retrospect, but at the time of Harrah’s Entertainment‘s LBO, some analysts thought it would be partly amortized by selling off the company’s regional properties. That prompted me to write something to the effect … Continue reading
Posted in Atlantic City, Australia, Current, Detroit, Dining, Economy, Entertainment, Harrah's, history, Horseracing, Kansas, Marketing, Ohio, Racinos, Regulation, Station Casinos, Taxes, Tourism, Tribal, Wall Street
2 Comments
Rising Sun; At Harry’s mercy
It’s not news that Japan has been mulling casino gambling for the umpteenth time. What is news is that the Diet — or rather, the General Assembly of International Sightseeing Industry Development Diet Member Association — has gotten very serious … Continue reading
Barbour’s futile tilt?
It’s not just Mississippi Gov. Haley Barbour who opposes a planned Choctaw Indian casino in upstate Laurel (birthplace of soprano Leontyne Price). Several other Bayou State bigwigs have expressed displeasure. Now the governor’s taking the Choctaws to court, although it’s … Continue reading
Posted in Current, Election, Florida, history, Mississippi, Regulation, Tribal
7 Comments
Recovery? Not in the cards
Month after month of discouraging data from around the country makes it clear that any recovery in the casino industry is a long way off, perhaps years. Heck, just getting back to 2007 levels of prosperity doesn’t take into account … Continue reading
Veer-ing toward completion
With completion of Harmon Hotels having vanished into the mists of Time, the opening of Veer Towers effectively represents the end of CityCenter‘s rollout. (If and when the Harmon opens as something other than an office tower — one mooted … Continue reading
Posted in CityCenter, Current, Economy, Entertainment, Genting, MGM Mirage, New York, Penn National, Racinos, Regulation, Station Casinos, The Strip, Tribal
2 Comments
Wynn Beantown?; Adelson likes it rough; “Chico Station,” etc.
“Two can play this game.” That’s the message coming from Steve Wynn. Since his former Philadelphia partners are now playing footsie with Harrah’s Entertainment, Wynn is turning his back on the City of Brotherly Love and shifting his gaze to … Continue reading
Posted in Ameristar, Boyd Gaming, Environment, George Maloof, Harrah's, Horseracing, Macau, Marketing, Massachusetts, Missouri, Pennsylvania, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, Sports, Station Casinos, Steve Wynn, Technology, The Strip, Tribal, TV
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Honey, I forgot the license!
Despite a record of failure, failure and even greater failure, three cronies of Pennsylvania Gov. Ed Rendell still have a chance of holding onto the comatose “Wynnwoods” casino project in Philadelphia. Somehow, Wynnwoods (officially known as Philadelphia Entertainment & Development … Continue reading
Posted in Economy, Harrah's, Massachusetts, Pennsylvania, Politics, Regulation, Steve Wynn, Tribal, Wall Street
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Aqueduct: Then there were three
As the contentious racino contract for Aqueduct Racetrack is rebid, the field has narrowed to three suitors, all of whom are in enviable cash positions. Penn National Gaming‘s bankroll has taken on Holy Grail status, Genting Bhd has a money-spinner … Continue reading
Posted in Atlantic City, California, Columbia Sussex, Cordish Co., Current, Election, Florida, Genting, Harrah's, history, Lake Tahoe, Maryland, Massachusetts, New York, Ohio, Penn National, Pennsylvania, Politics, Problem gambling, Racinos, Regulation, Reno, Taxes, Tribal
1 Comment
Penn’s door prize: toxic waste!
Penn National Gaming got a little something extra when it bought an old General Motors site for its Columbus, Ohio casino: 81 sites’ worth of toxic waste, so much sludge it takes 3,000 pages to catalog. Penn didn’t have to … Continue reading
Posted in Colony Capital, Current, Detroit, Election, Entertainment, Environment, Harrah's, Massachusetts, MGM Mirage, Ohio, Penn National, Politics, Racinos, Regulation, Sahara, Technology, The Strip, Tribal, TV
3 Comments
Back from the North; Requiem for a President
My apologies to S&G readers for the prolonged silence whilst I was on vacation. It seems that wi-fi availability in the Upper Peninsula of Michigan is even spottier than I feared (although it makes a good excuse to head down … Continue reading
Posted in Detroit, Dining, Harrah's, Missouri, Pinnacle Entertainment, Regulation, Technology, The Strip, Tourism, Transportation, Tribal, WMS Industries
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Quote of the Day
“Gaming industry observer William Thompson, a professor of public administration at the University of Nevada, Las Vegas, said IGT is a credible, Nevada-regulated slot machine company that would be very careful about legalities.” — Yes, the same carefulness toward legalities … Continue reading
Posted in Alabama, California, Current, IGT, Internet gambling, Technology, Tribal
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Sands Bethlehem breaks ground … again
No, that’s not a joke. Las Vegas Sands held a “grand re-groundbreaking” on the hotel portion of its white elephant, Sands Casino Resort Bethlehem. When money ran short, Sands ditched everything but the parking lot and casino, leaving the hotel … Continue reading
Posted in California, Current, Economy, Marketing, Pennsylvania, Sheldon Adelson, Singapore, Technology, Tribal, TV
1 Comment
Bargain-hunting at Harrah’s
But not in the way you might think … Harrah’s Entertainment is $557 million richer — which effectively amortizes the Planet Hollywood deal — after the swap of a 16% ownership stake to three investment firms for $1.2 billion in … Continue reading
Jason lives … at Station Casinos
Jason Voorhees (well, one of the many) is Station Casinos‘ general manager for the tribally owned Thunder Valley Casino, near Sacramento. No, I’m not making this up. Uncle Sheldon says … that convention business will be “80% of normal” in … Continue reading
There are fairies at the bottom of his garden
Trying to cling to state redevelopment subsidies, Fall River Mayor Will Flanagan says the city can have its cake and eat it, too. Given the obstacles outlined in this report — and in previous S&G dispatches — I’ll have whatever … Continue reading
Posted in Current, Massachusetts, Tribal
1 Comment
Harrah’s $1.5B Bratislava bet; Marina Bay Sands booms; Falcons swoop upon Hilton, etc.
With almost no exception other than The Newspaper That Shall Remain Nameless, a $1.85 billion Metropolis project headed up by Harrah’s Entertainment has flown completely under the radar of the U.S. media ever since its announcement last October. Oh, some … Continue reading
Case Bets: Station, Macao, Maryland, Missouri, Mississippi, Encore 2x, etc.
$864.5 million: That’s the magic number if you want to put in an opening bid on 11 Station Casinos properties (plus unspecified land and some tribal-casino-management contracts) come Aug. 6. Boyd Gaming‘s already made it clear that it’s good for … Continue reading
Posted in Ameristar, Bally Technologies, Boulder Strip, Boyd Gaming, Colony Capital, Current, Economy, Encore, Entertainment, Harrah's, Horseracing, International, Isle of Capri, Macau, Maryland, Mississippi, Missouri, Ohio, Pinnacle Entertainment, Racinos, Regulation, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Tribal, Wall Street
1 Comment