MGM lauds Springfield as Mandalay Bay woes increase

MGM Resorts International is targeting Hartford (and five other media markets) with its initial TV spot for MGM Springfield, whose opening is now less than a month away. The ad, which you can see for yourself, has shoutouts to virtually every Las Vegas Strip staple, from slot-playing grannies to nightclubs to hints of Cirque du Soleil. “Each component is meant to capture the energy of the resort and showcase the ‘wow’ moments guests will encounter throughout the destination,” said casino President Michael Mathis. Other markets in MGM’s cross-hairs are Continue reading

Posted in Cirque du Soleil, Elaine Wynn, Environment, Law enforcement, Mandalay Bay Massacre, Marketing, Massachusetts, MGM Resorts International, New York, Penn National, Pennsylvania, Regulation, Reno, Rhode Island, Sexual misconduct, Sports betting, Taxes, TV, Wynn Resorts | Comments Off on MGM lauds Springfield as Mandalay Bay woes increase

Quote of the Day

“The golf industry isn’t necessarily booming.” — Green Valley Golf Range owner Cindy Scardina, justifying the extension of slot routes to golf courses in Hanover Park, Illinois.

Posted in Economy, Illinois, Slot routes, Sports | Comments Off on Quote of the Day

Congress hearts Massachusetts tribe; Who let the dogs out?

Against all odds, a bill to clear away legal challenges to the Mashpee Wampanoags and their Project First Light is set to be heard in the U.S. House of Representatives. A star-studded hearing has been set up by Rep. William Keating (D), who will call tribal Chairman Cedric Cromwell and Secretary of the Interior Ryan Zinke as witnesses. Keating’s move comes on the heels of a pro-Wampanoag bill introduced in the Senate by newborn casino supporter Sen. Elizabeth Warren (D). A federal court remanded the Mashpee Wamps’ land-into-trust agreement back to Interior during the Barack Obama administration, a headache that Zinke has inherited. However, Cromwell says he has seen “amazing bipartisan support” in Congress and “We’ve got dozens of tribal nations who have come out in support of this bill.” No wonder, if you can get Congress to intervene whenever your land-into-trust application gets impeded.

According to the Cape Cod Times, “Cromwell urged Congress to exercise its authority to prevent Continue reading

Posted in Animals, Macau, Massachusetts, Neil Bluhm, Politics, Rush Street Gaming, Tribal | 1 Comment

MGM lawsuit shaky; Sports betting slow to gain traction

If MGM Resorts International thinks its federal lawsuit against victims of the Mandalay Bay Massacre will be a speedy way of disposing of all pending cases, it may be in for a rude surprise. Legal experts say the matter could drag on for years, possibly going all the way to the Supreme Court. Why? In part it’s because the Safety Act of 2002 has never been tested in a court of law. Thus, MGM has no legal precedent to cite, merely some statements by Department of Homeland Security Secretary Kirstjen Nielsen that “make clear” that mass murderer Stephen Paddock committed terrorism. Washington, D.C.-based attorney Brian Shaw calls MGM’s case “far too broad of an interpretation of the statute. It should be fairly clear that what MGM did is not what was intended in the statute.It is [Nielsen’s] responsibility, not that of a judge.”

Boston College Law School Associate Dean Alfred Yen added that the Safety Act lacks clarity and, whatever the outcome, appeals are Continue reading

Posted in Japan, Law enforcement, Macau, Mandalay Bay Massacre, MGM Resorts International, Mississippi, Ohio, Regulation, Sports, Sports betting | Comments Off on MGM lawsuit shaky; Sports betting slow to gain traction

Sheldon’s sphere; Macao renewal delayed

In a wise move, Las Vegas Sands is investing $75 million in the event sphere being built behind Venelazzo by Madison Square Garden Co. By taking an equity position in the innovative venue, Sands presumably gains the potential to redeploy similar spheres in Macao and Japan, which thirst for diverse entertainment offerings. At least we hope so. The sphere will be joined to Sands Expo Center, The Venetian and Palazzo by a pedestrian bridge. Reports the Las Vegas Sun, “The 360-foot-tall by 500-foot-wide facility features a 580,000-square-foot spherical shape wrapped in an open-air trellis structure that includes 190,000 linear feet of LED lighting that is fully programmable to create a digital showcase.”

By partnering with MSG on the sphere, Sands CEO Sheldon Adelson is thinking well outside the box, just as Continue reading

Posted in Architecture, Iowa, Japan, Las Vegas Sands, Macau, MGM Resorts International, Nebraska, Problem gambling, Regulation, Sheldon Adelson, Sociedade de Jogos de Macau, Sports betting, The Strip, Tribal, TV | Comments Off on Sheldon’s sphere; Macao renewal delayed

Quote of the Day

“The winner will be the group that promises to build the biggest integrated resort with the smallest casino.”– Delta State Holdings Managing Director David Bonnet on Japan‘s love/hate attitude toward casino-based megaresorts.

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Warren sides with Wampanoags; Vdara dances The Robot

Sen. Elizabeth Warren (D) has waded into the Brockton-vs.-Taunton fight for a tribal casino. She’s introducing a bill that would circumvent the inactive Bureau of Indian Affairs and smooth the path of the Mashpee Wampanoags. While we have nothing against the latter, this matter belongs in the BIA’s remit not that of Congress. Brockton Mayor William Carpenter complained, “Year after year we’re running multimillion-dollar deficits in our budget. We’ve laid off schoolteachers for three years in a row. We desperately need the revenue. The whole thing just seems unfair to me. I don’t know if Brockton will ultimately be granted the license or not from the state gaming commission, but I know our opportunities should not be taken away by a piece of special-interest legislation.” Meanwhile, Neil Bluhm — no small donor to Democratic Party causes — would like to have Rush Street Gaming‘s case for a casino re-heard.

Warren has Genting Group, scheduled developer of Project First Light, in Continue reading

Posted in Caesars Entertainment, California, CityCenter, Genting, Hard Rock International, Japan, Massachusetts, Neil Bluhm, Politics, Regulation, Rush Street Gaming, Taxes, Technology, The Strip, Tribal | Comments Off on Warren sides with Wampanoags; Vdara dances The Robot

Hypocrisy at Station; Gamblers flee smoke-free casinos

Station Casinos has claimed on at least seven occasions that, if its workers want to unionize, it will honor their wishes. The Culinary Union called Station’s bluff and the company has been talking out of the other side of its mouth ever since. Most recently, yesterday in fact, the National Labor Relations Board tossed Station’s challenge to the Green Valley Ranch election, saying, “we find that the Employer failed to prove that any employees knew or would have reasonably inferred that the Petitioner had made a list of employees who had not yet voted in the election. Absent such proof, the Petitioner’s conduct could not have reasonably tended to interfere with the employees’ free choice in the election.” No matter that 78% of employees voting cast their ballots in favor Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Culinary Union, Derek Stevens, Downtown, Louisiana, Palms, Pinnacle Entertainment, Station Casinos, Tilman Fertitta, Tropicana Entertainment | 1 Comment

MGM lawsuit clarified; Circumspect Caesars

Contrary to what early press reports led us to believe, MGM Resorts International‘s counterclaim against victims of the Mandalay Bay Massacre does not affect any of the active cases now moving forward against the casino giant. The Associated Press says, “The lawsuits target victims who have sued the company and voluntarily dismissed their claims or have threatened to sue … MGM claims the victims — through actual and threatened lawsuits — have implicated [a security contractor’s] services because they involve concert security, including training, emergency response and evacuation.” Hence the resort to federal court and invocation of a post-9/11 law, the Safety Act, as an all-encompassing legal shield.

Plaintiffs’ attorneys are not impressed. The very vocal Robert Eglet was quick to respond. “This is absolute gamesmanship. It’s outrageous. It’s just pouring Continue reading

Posted in Arkansas, Atlantic City, Caesars Entertainment, Election, Mandalay Bay Massacre, MGM Resorts International, Sports betting, Tribal | Comments Off on MGM lawsuit clarified; Circumspect Caesars

Big trouble in not-so-little China

In his latest column, gaming-law expert I. Nelson Rose contends that U.S.-owned casinos in Macao are on dangerous ground, caught in the cross-hairs of the U.S./China trade war. He begins by recapitulating China’s highly targeted retaliations, which make red states like Iowa their Ground Zero. He points out the vulnerability of Las Vegas casinos to curtailment of exit visas from China: In 2013, the Chinese government launched its now-infamous crackdown on corruption. In Las Vegas, “Just a slowdown in visitors from China cost Nevada casinos more than $400 million a year on this one card game,” baccarat, lifeblood of the Strip.

Beijing could also throttle visitor traffic to Macao, as it has done in the past. “One of my students was in charge of the frequent visitors program for Continue reading

Posted in Caesars Entertainment, Donald Trump, Genting, International, Las Vegas Sands, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip | Comments Off on Big trouble in not-so-little China

Sport of kings on wobbly legs; Sports betting races ahead in N.J., N.Y., flags in Pennsylvania

Were it not for racinos, we’d probably be talking about the sport of kings in the past tense. Handle at racetracks has fallen 50% in the last 15 years. However, slot machines have infused a billion dollars a year, keeping the horseracing industry on artificial respiration. Even with the spread of sports betting, particularly on mobile applications, the new era is “more likely to change the face of those businesses rather than revive them.” The situation is bad enough to have prompted a summit in Cleveland last weekend between track owners and lawmakers, trying to cure an ailing patient. “It’s going to require experimentation, reinventing the industry,” Spectrum Gaming Group‘s Douglas Reed offered somewhat unhelpfully. He offered e-sports as a possible draw to the ovals — but can you really see that happening? For all the talk of a “potential crossover,” video gamers make unlikely horse players.

The potential spread of sports books will take wagering to places where the tracks or not. However, calling that a solution presupposes Continue reading

Posted in Atlantic City, Caesars Entertainment, Cordish Co., DFS, Dining, Greenwood Racing, Horseracing, Internet gambling, Macau, New York, Pennsylvania, Problem gambling, Racinos, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta | 1 Comment

MGM lawsuit backfires

MGM Resorts International stepped in it — at least momentarily — when it elected to sue victims of the Mandalay Bay Massacre in federal court. The Twitterverse briefly arose in #BoycottMGM outrage, but it died down by day’s end and MGM stock price was unruffled. The company did, however, obliquely acknowledge that ‘MGM sues victims’ makes a bad headline and tried t0 explain its hair-splitting legal strategy: “We have filed what is known as an action for declaratory relief. All we are doing, in effect, is asking for a change in venue from state to federal court. We are not asking for money or attorney’s fees. We only want to resolve these cases quickly, fairly and efficiently.” (And in MGM’s favor, of course. Hence the forum-shopping in the Ninth Circuit.)

By filing the suit, MGM placed itself in a Continue reading

Posted in Architecture, Arizona, Atlantic City, Dan Gilbert, Detroit, Donald Trump, Environment, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Ohio, Security, Sports, The Strip, Trump Entertainment Resorts | 1 Comment

Quote of the Day

“I understand that the primary casino customer is a 58-year-old gal who enjoys the solitude of slot playing. But we’re creating a chair that’s more current, and casinos are starting to catch on.” — Gary Platt Manufacturing “chair guru” Ed Abadie on the considerations that go into casino seat design.

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Wynn Resorts fights back; Rage against the (slot) machine

Not taking charges of promising kickbacks lying down, Wynn Resorts has countersued Anthony Gattineri. The latter has thrown yet another spanner into the Encore Boston Harbor works by suing the company for an $18 million, under-the-table promise he says was made him by casino President Robert DeSalvio. Wynn concedes that DeSalvio and Gattineri met in San Diego in 2014 (a key point of Gattineri’s suit) but denies that any kickback was promised. As you may recall, Gattineri and two other landowners got talked down from $75 million for some Everett acreage to $35 million when one of them was found to have a felony record.

“The claims that Mr. Gattineri made are patently false and are designed to Continue reading

Posted in Architecture, history, Internet gambling, Macau, Massachusetts, Minnesota, Penn National, Rhode Island, Sahara, Sam Nazarian, SLS Las Vegas, Wisconsin, Wynn Resorts | 1 Comment

Elaine backs Satre; MGM running for cover

Global Gaming Business has revealed that National Center for Responsible Gaming President Phil Satre was the hitherto-undisclosed candidate that Elaine Wynn was proposing for the Wynn Resorts board chairmanship. Said board rejected Satre — a short-sighted move that reeks of insecurity. Satre proved himself a skilled helmsman during his tenure as CEO of Harrah’s Entertainment — far better than his successor. Were board members afraid that Satre would turn Wynn Resorts into an up-market Harrah’s? Did they fear a new broom sweeping clean the crony-ish Wynn corporate culture? Or were they worried that someone with so much gaming experience would overshadow CEO Matt Maddox? Elaine Wynn believes in him so strongly she’s willing to sign a two-year hands-off pledge toward future board matters, which says a lot.

Ms. Wynn also seeks an “independent compensation consultant and truly independent legal counsel” to look into Continue reading

Posted in Architecture, Elaine Wynn, Florida, Hard Rock International, Harrah's, IGT, Japan, Mandalay Bay Massacre, MGM Resorts International, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Wall Street, Wynn Resorts | Comments Off on Elaine backs Satre; MGM running for cover

Quote of the Day

“No prior president has ever abased himself more abjectly before a tyrant. Not only did President Trump fail to speak the truth about an adversary; but speaking for America to the world, our president failed to defend all that makes us who we are—a republic of free people dedicated to the cause of liberty at home and abroad. American presidents must be the champions of that cause if it is to succeed. Americans are waiting and hoping for President Trump to embrace that sacred responsibility. One can only hope they are not waiting totally in vain.” — Sen. John McCain (R), on Donald Trump‘s summit meeting with Vladimir Putin. You can read the entire stemwinder here.

Posted in Donald Trump, International | Comments Off on Quote of the Day

The pleasant clink of coins

Only Mohegan Sun at Pocono Downs and Lady Luck Nemacolin saw revenue declines at the slot machines last month. All other Pennsylvania casinos were revenue-positive, especially Parx Casino, up 10.5% to $35 million. Another overachiever was Valley Forge Resort Casino, vaulting 18% to $7.5 million (incoming owner Boyd Gaming will be happy to see those numbers). Pocono Downs was down 3%, grossing $16 million. Regional competitors Sands Bethlehem (+3%) and Mount Airy (+5.5%) pulled in $25 million and $13 million respectively. Third in the state in slot revenue, with $23 million, was Rivers Casino in Pittsburgh, up 7%. Parx’s domination of the crowded Philadelphia market didn’t come at the expense of Valley Forge, nor of Harrah’s Philadelphia ($17 million, +4%) or of SugarHouse ($15 million, +5%).

Presque Isle Downs banked $10 million, up 10%, which will be Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Eldorado Resorts, Genting, Greenwood Racing, Illinois, Las Vegas Sands, Mohegan Sun, Penn National, Pennsylvania, Pinnacle Entertainment, Rush Street Gaming, Slot routes | Comments Off on The pleasant clink of coins

Busted!

Former New York Knicks great Charles Oakley fouled out big-time at The Cosmopolitan of Las Vegas. The veteran roundballer, who made $46 million during his playing career, wound up in the clink over a $100 casino chip. Oakley tried to withdraw said chip from play when it became clear that he was going to lose a hand of blackjack. Unfortunately for him, his hand was not as quick as the eye in the sky and Oakley finds himself facing charges of attempted fraud. Although Oakley could, if convicted, wind up serving as much as six years in the pokey (an extreme scenario), attorney Alex Spiro tried to whistle past the graveyard, saying, “This is not a significant matter, and we expect it to be resolved quickly.”

Given that the likes of Steve Wynn have extended massive lines of credit to Continue reading

Posted in Cosmopolitan, Culinary Union, Florida, Fontainebleau, Genting, history, Law enforcement, Macau, New York, Penn National, Problem gambling, Regulation, Sports, The Strip | 1 Comment

New era in Atlantic City

Atlantic City is already feeling the benefits from the double-barreled openings of Hard Rock Atlantic City and Ocean Resort. While June’s gambling revenues were up 1.5% on a same-store basis, add the newcomers and the increase is 5%. (Both casinos opened a day early, helping their tally.) Ocean Resort recorded an impressive $3 million in four days, rivaling Hard Rock Atlantic City’s $4 million clip. Borgata needn’t lose any sleep but if Hard Rock can maintain its initial tempo it will rival Tropicana Atlantic City for the #2 spot, while Ocean Resort will be on pace to gross $270 million in its first 12 months of operation, very strong if short of Bruce Deifik‘s $292 million prediction, occupying a solid, middle-of-the-pack niche.

Harrah’s Resort took a 6% dive (to $30 million), indicating just who Continue reading

Posted in Atlantic City, Bruce Deifik, Caesars Entertainment, Dan Gilbert, Detroit, Hard Rock International, Internet gambling, Marketing, MGM Mirage, Mohegan Sun, Racinos, Regulation, Sports, Sports betting, Taxes, Tilman Fertitta, Tropicana Entertainment | 2 Comments

Casa Shenandoah closes; Culinary escalates tactics

Call it a day for another Wayne Newton business venture. Mr. Las Vegas is closing Casa Shenandoah to the public, no reason given (although a recent break-in might have influenced the decision). “It is the Applicant’s intent that the property revert back to a single family residential use,” said Newton lawyer Jay Brown. As for “Applicant,” he told John Katsilometes, “As of now, we are just taking a breather and deciding what we want to do in the future. We have not wanted to make any rush decisions.” What will become of the offsite theater, gift shop and shuttle area is anybody’s guess. Newton can get back to nursing a hand injury and resuming his Continue reading

Posted in Boyd Gaming, Culinary Union, Derek Stevens, Downtown, Downtown Grand, Election, history, Horseracing, Idaho, Indiana, Minnesota, Penn National, Phil Ruffin, Regulation, SLS Las Vegas, Sports betting, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, Wayne F. Newton, Westgate LV | 1 Comment