America lost one of its great statesmen this week, one of the few I would call a personal hero, and gaming lost a great friend. Not only was Sen. John McCain (R) an avid craps player and 
boxing patron (the man who coined the phrase “human cockfighting” to describe the UFC), he was also the co-author of the Indian Gaming Regulatory Act. This was a piece of Reagan-era legislation whose ramifications are still being felt very powerfully today. It sowed the seeds for what would grow into a $30 billion-plus industry, with no end of gaming-fueled prosperity in sight. McCain came down on the wrong side of tribal rights once or twice: One thinks of the Keep the Promise Act, aimed at preventing Arizona‘s Tohono O’odham Tribe from opening a casino in Scottsdale, but IGRA outdoes the accomplishments of, say, William Harrah, Sam Boyd and Howard Hughes all rolled together. Gaming and tribal rights have lost a great friend an American, leaving a void that will not soon be filled. Such men come along but rarely.
failing and refusing to bargain collectively and in good faith with the exclusive collective-bargaining representative of its employees …” Mind you, these aren’t bleeding-heart liberals left over from the Obama administration but Donald Trump appointees, who drop-kicked one Station appeal, saying only it “raises no substantial issues warranting review.”
counterparts did not qualify for profiles in courage: “The GOP candidates declined to comment at all.” Frontrunner Ron DeSantis (R) 
American Gaming Association. Motivating factors were described as “strong macroeconomic trends, job growth and stable operating conditions.” The rising tide 
have been taking the bait, and then some. “Tokyo has not raised its hand, Yokohama has not raised its hand – Osaka has raised its hand,” explained MGM Resorts International Executive Vice President of Global Development Ed Bowers. His company presented a Blue Man Group performance for a select group of 100 contest winners. (One was a PriceWaterhouseCoopers employee who earned a tongue-lashing for his luck.)
imposed 10% import levies on playing cards from the United States, though China is yet to make its intentions known. More on that in a minute. “For Canada and the EU, winning this trade war means returning to the way things were before [Donald] Trump interfered with the up-to-then smoothly operating world markets. Since Trump has stated no goals, there is no way for Canada or the EU to do whatever it is he may want … These retaliatory tariffs are meant to 
election-year ballot. As many as six tracks could be affected. One of the, Atokad Downs in South Sioux City (‘Dakota’ spelled backwards, geddit?) is owned by the Ho-Chunk. It hosts a grand total of one race a year, thereby keeping its license alive. Arguing that Nebraskans wager $500 million in neighboring states, Ho-Chunk Inc. CEO Lance Morgan says, “We believe the revenue should stay in Nebraska.” A 2016 ballot question sputtered out for lack of signatures. Morgan says it was too complicated for the Average Joe to digest. “This shows we don’t give up. We’ve got to 
declines and those that had outright disappointing outlooks saw declines in excess of 10%.” Regional gaming companies were rated the best buy, in order of preference Penn National Gaming, Boyd Gaming, Station Casinos and Eldorado Resorts. Greff opined that stocks’ “volatility [was] exacerbated by short-term investor positioning and disappointing near-term commentary on LV Strip room pricing.” By contrast, regional operators had “a combination of low expectations, continued good fundamentals, strong free cash flow, and [cash flow] growth” going for them.
opted out of online poker). The other approved casinos are Harrah’s Philadelphia and Parx Casino, the former having a well-tested ‘Net brand of its own. Interestingly, no casino has as yet stepped forward to pony up the $10 million required to offer sports betting. The fact that regulators won’t meet again until Sept. 12 
(Subscription required.) As for what Las Vegas looks like in same, well, Lego 
proliferation of gaming advertising during Italy‘s World Cup games. As a result, you can’t advertise gambling anywhere in Italy anymore. It’s like the anti-DFS backlash in the U.S. only far worse. And it didn’t just make waves in Italy. In England, gambling concerns ran nearly 90 minutes of advertising during World Cup matches, 17% of the total. (Number of ad spots: 172)
people thought it was cursed, and no one thought I’d ever get it open.” — Ocean Resort owner Bruce Deifik, spinning July’s numbers. To be fair, it was the first time Revel/Ocean Resort posted positive cash flow but Deifik needs $24 million a month to reach his stated goal of $292 million in Year One.
comparison (i.e., minus Hard Rock Atlantic City and Ocean Resort) has the city down 9.5%. The haul was just over $272 million, with slots up 9% and table games 14% higher overall. For the older casinos, it was 10.5% less at the one-armed bandits but 14.5% more at the tables. At Borgata, which was 7% down despite holding its own at the tables, slot revenue fell 10% on 5.5% less coin-in.
made by a Resorts World Catskills executive for the 
to observe it in the wild, you would see it carrying this carcass a small distance before it buries it. So, it’s pretty amazing to see that.” — U.S. Fish & Wildlife Service biologist Daniel Finner on the American Burying Beetle, an endangered species that is 
York, Assemblyman Gary Pretlow (D) intends to introduce a law legalizing sports betting at all casinos — it’s currently permitted at the four newest — but the Lege doesn’t reconvene until January. Michigan‘s Brent Iden (R) has the jump on Pretlow, being able to submit a bill this fall, although its prospects are uncertain. And, out in California, Rep. Adam Gray (D) has already submitted such a bill, although it 
City market had the worst of it, off nearly 4%. Slot revenues ($128.5 million) were down 2% and table games ($22 million) fell 4%. Don’t tell that to Ameristar Kansas City, which was up 8%, to $17.5 million. Harrah’s Kansas City had a terrible month, plunging 12% to $15 million. Argosy Riverside slid 5.5% to $13.5 million while Isle of Capri Kansas City was 6.5% underwater, grossing $6 million.-
Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
Categories
@Stiffs_Georges
Error: Invalid or expired token.-
Archives
Recent Comments
- 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
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
Views
- Sibella scandal spreads; Supremes forestall Seminoles - 57,789 views
- You can’t fix stupid; Good-bad news on the bayou - 57,640 views
- If you can’t beat ’em, cheat ’em; Fun & games - 55,843 views
- Pennsylvania soggy; Epic fail in North Carolina - 56,761 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 56,741 views
- Profit vs. investment on the Strip - 1,055,592 views
- Lame nag; Frissora overpaid? - 579,458 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,746 views
- That casino smell - 63,859 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 59,533 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 59,177 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 58,353 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 58,158 views
Blogroll
Admin.