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Category Archives: Virginia
Stitt robs public purse; Hard Rock blindsided
Oklahoma citizens may find themselves using the term “Indian giver” to describe Gov. Kevin Stitt (R). He’s planning to plunder the state’s rake of tribal gaming revenue to defend against a lawsuit brought by the state’s three biggest tribes. The … Continue reading
Fourth Massachusetts casino mulled; Hard Rock making hard sell in Japan
While the Boston Globe may call it a “baby step,” the Massachusetts Gaming Commission is doing the right thing by means-testing the market before awarding a full-scale casino license in the southeastern part of the Bay State, which looks pretty … Continue reading
Posted in Environment, Hard Rock International, Japan, Massachusetts, Mohegan Sun, Neil Bluhm, Penn National, Regulation, Rush Street Gaming, Tribal, Virginia, Wynn Resorts
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Illinois up, Maryland flat, Palms sued
Enjoy it while it lasts, Illinois. Gaming revenues shot up 8%, a welcome bit of good news. One extra weekend day surely helped although we find it hard to believe that entirely accounts for the variance. The overall gross was … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, CityCenter, Cordish Co., Eldorado Resorts, Entertainment, FanDuel, GLPI, Golden Gaming, Illinois, Law enforcement, Maryland, MGM Resorts International, Palms, Penn National, Phil Ruffin, Sports, Sports betting, Station Casinos, Tilman Fertitta, Virginia, West Virginia
1 Comment
Norment’s Torment; New hope for Cal-Neva
Virginia state Sen. Tommy Norment (R) hasn’t been paying attention to the performance of MGM National Harbor. Placing a resort casino in northern Virginia would be, he says, “complete folly.” Instead, Old Virginny will have to put its hopes on … Continue reading
Posted in Caesars Entertainment, Canada, Dubai, Economy, history, Horseracing, International, Lake Tahoe, Law enforcement, Lotteries, Maryland, MGM Resorts International, Money laundering, New York, Ohio, Politics, Problem gambling, Resort fees, Sports, Sports betting, Taxes, The Strip, Tilman Fertitta, Transportation, Tribal, Virginia
1 Comment
Small thinking big in Oklahoma; Smoke gets in their lungs
In Oklahoma, Council of Public Affairs President Jonathan Small went to the mat for Gov. Kevin Stitt (R), backing Stitt’s demand for higher—much higher—exclusivity fees. To his credit, Stitt has put sports betting on the table as an incentive. Small … Continue reading
Posted in California, Connecticut, Environment, Florida, Hard Rock International, Las Vegas Sands, Nevada, Oklahoma, Palms, Problem gambling, Sports betting, Taxes, Technology, Tribal, Virginia
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Scientific fluent in Chinese; William Hill seeks new horizons
It’s not just for China anymore. Scientific Games is reporting success with its Chinese-themed slots, including in North America. Yes, games with titles like Jin Ji Bao Xi, which doesn’t exactly roll off the tongue but is gaining traction with slot players worldwide. “If … Continue reading
Posted in Cantor Gaming, China, Economy, Environment, Florida, International, Internet gambling, Japan, Macau, MGM Resorts International, Movies, Nevada, North Carolina, Pennsylvania, Philippines, Regulation, Scientific Games, Sexual misconduct, Sports, Sports betting, Technology, The Strip, Tourism, Tribal, Virginia, William Hill
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Wynn Resorts chastened; Living the high life at the Cosmo
Boston is quite a different animal from Las Vegas and Macao—or so Wynn Resorts has learned. Despite healthy table games revenues it is lowering the minimum-bet limits from $50 to $15 at Encore Boston Harbor. In a remarkable mea culpa before … Continue reading
Posted in Animals, China, CityCenter, Cosmopolitan, Downtown, Election, Environment, Hard Rock Hotel, Hard Rock International, Las Vegas Raiders, Lawrence Ho, Macau, Maine, Marijuana, Marketing, Massachusetts, Palms, Penn National, Regulation, Resort fees, Sheldon Adelson, Sports, The Strip, Virginia, Wynn Resorts
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MGM retrenches; Election wrap-up
MGM Resorts International CFO Corey Sanders and Chief Strategy Officer Aaron Fischer met with J.P. Morgan analyst Joseph Greff, who came “away from these meetings incrementally positive on MGM’s asset monetization plans, ability to meet its 2020 targets, and a healthy … Continue reading
Posted in Australia, Caesars Entertainment, CityCenter, Colorado, Conventions, Dubai, Election, Full House Resorts, Indiana, Japan, Kentucky, Macau, MGM Resorts International, Regulation, Slot routes, Spectacle Entertainment, Sports, Sports betting, Vietnam, Virginia, Wall Street
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Near-ideal month in Atlantic City
Atlantic City casinos were, despite an extra weekend day in August, up only 6%. But, more importantly, all except one either stood their ground or grew business. They grossed $286.5 million, with symmetrical increases in slot and table revenue. A … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, China, Detroit, Donald Trump, Eldorado Resorts, Entertainment, Full House Resorts, Greenwood Racing, Hard Rock International, Indiana, International, Internet gambling, MGM Resorts International, Mohegan Sun, New Jersey, Ocean Resort, Ohio, Palms, Penn National, Pennsylvania, Philippines, Regulation, Sports, Sports betting, Taxes, Tilman Fertitta, Tribal, Virginia, Wall Street
2 Comments
Casino aspirants elbow for advantage; T-Rex derby in Washington
Full House Resorts and Spectacle Entertainment are jostling for position in Terre Haute—provided that Vigo County voters approve a casino for the city. But will it beat nearby Danville to the punch? “Pending a positive outcome on the referendum, I … Continue reading
Posted in Arkansas, Connecticut, Election, Entertainment, Full House Resorts, Illinois, Indiana, International, Internet gambling, Japan, Mohegan Sun, Nebraska, Pennsylvania, Philippines, Slot routes, Spectacle Entertainment, Taxes, Virginia, Warner Gaming
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Nevada’s #1, not in a good way
WalletHub has been crunching the numbers again and come to the conclusion that Nevada is America‘s most-gaming addicted state. (Utah is the least, while the Silver State is followed by South Dakota, Montana, Mississippi and Oregon.) Casino-rich Florida was an incredibly … Continue reading
Posted in Australia, Connecticut, Crown Resorts, Delaware, Florida, Hawaii, Illinois, International, Kansas, Kentucky, Macau, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Jersey, New Mexico, New York, Oklahoma, Pennsylvania, Problem gambling, Rhode Island, Slot routes, South Dakota, Virginia, Washington State, West Virginia
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New date for The Drew
There are some stirrings of life around the Fontainebleau/The Drew carcass. This week developer Steven Witkoff announced the hiring of Diller Scofidio+ Renfro architectural team to finish the massive hulk, with a new completion date of 2022. (We never bought … Continue reading
Blackout at Boyd; Virginia ponies propped up
Boyd Gaming appears to have stepped in it, big time, according to former Ameristar St. Charles sales director Kim Carpenter. She’s suing the casino over her dismissal, which she alleges followed her complaints about sexual discrimination and retaliation. After booking a … Continue reading
Astral sighting; Cuomo nixes Gotham casinos
Urban blight along the Las Vegas Strip could be (partially) giving way to new casino development. Resort entrepreneur Asher Gabay has found the Promised Land in Las Vegas, where he hopes to take a run at the boutique-hotel concept. His … Continue reading
Posted in Connecticut, Fontainebleau, Foxwoods, Genting, Internet gambling, Las Vegas Raiders, Las Vegas Sands, MGM Resorts International, Mohegan Sun, New York, Politics, Regulation, Sports, Sports betting, Steven Witkoff, The Strip, Tribal, Virginia
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PGA gives itself a mulligan; MGM sharpens the axe
Despite having cried out for federal regulation of sports betting, the PGA Tour is willing to look the other way if its players opt to be sponsored by the gaming industry. “Because of the Supreme Court’s decision last year, and because … Continue reading
Posted in Charity, Culinary Union, Galaxy Entertainment, International, Japan, Las Vegas Sands, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Sports, Sports betting, The Strip, Virginia, Wall Street, Wynn Resorts
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SJM Fok-ed up; Virginia approves casinos
Lucina Laam may be the most important person in Macao‘s turbulent casino history. As Wife #2 of Stanley Ho she bore Daisy Ho, Pansy Ho, Lawrence Ho and two other daughters not involved in the gaming biz. Now, in an … Continue reading
Posted in Atlantic City, Caesars Entertainment, DFS, Donald Trump, Downtown Grand, Environment, history, International, Las Vegas Sands, Lawrence Ho, Macau, Marketing, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, New York, Pansy Ho, Pennsylvania, Politics, Singapore, Sociedade de Jogos de Macau, Stanley Ho, Technology, Tribal, Virginia
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Next stop: Virginia; Lady Gaga erupts
Lawmakers in Virginia have voted a “mashup casino bill” out of committee, sending it along to the Senate Finance Committee for further scrutiny. The legislation would authorize five casinos in Bristol, Danville, Portsmouth, Richmond and Norfolk respectively and juices the Pamunkey … Continue reading
Posted in Entertainment, Las Vegas Sands, Maryland, MGM Resorts International, Politics, Taxes, The Strip, Tribal, Vietnam, Virginia
1 Comment
Icahn power play at Caesars?; Big plans for Borgata
We all know that Carl Icahn has a sharp eye for undervalued assets. Caesars Entertainment stock fell 46% last year, making it ripe for the plucking. And pick it Icahn did, scarfing up enough to spur a 11.5% rally in … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Dan Gilbert, Detroit, DFS, Internet gambling, MGM Resorts International, Regulation, Sports betting, Taxes, Technology, Tilman Fertitta, Trump Entertainment Resorts, Virginia, Wall Street, West Virginia
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Christmas Case Bets
Macao is expected to set a record for visitation this, no doubt to the delight of casino executives in the enclave. If 32.5 million tourists came in 2017, they will be topped by the 35 million who came this year … Continue reading
Posted in Architecture, Baseball, Caesars Entertainment, Detroit, Economy, Hard Rock Hotel, Internet gambling, Macau, Politics, Station Casinos, Taxes, Tourism, Transportation, Tribal, Virginia, World Series of Poker
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Election Special: Winners and losers
In a victory for the state of Arkansas, voters approved casinos in four locations across the state, 54% to 46%, a convincing mandate by any measure, and a big win for a variety of pro-casino companies that included Warner Gaming and Delaware North. … Continue reading
Posted in Arkansas, Caesars Entertainment, Culinary Union, DFS, Election, Florida, Georgia, Harry Reid, International, Marijuana, MGM Resorts International, Nevada, Pennsylvania, Politics, Racinos, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Virginia, Warner Gaming, Wisconsin
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