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
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 
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%).
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 
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.
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 
the reservation of the Siskiyou County American Indians, created in 1907, taken away from the landless tribe in 1957. Since LaMalfa’s bill 
“We would characterize sentiment as bouncing along the bottom here, with expectations also reasonably/incredibly low.” However … “We believe most of the issues that have caused 2018’s underperformance are transitory, and the picture is bright(er) heading into 2019,” thanks to the debut of Park MGM and projected improvement in MGM Cotai numbers, among other factors. “Mandalay Bay also has easy comparisons in 2019 and therefore should experience some growth.” Greff has set a target of 
with mullahs, he’s doing the next best thing, warbling sweet nothings to Kim Jong-un. Citing his service in the Korean War, Adelson called for detente between the two Koreas so that he could get down to “open up business,” 
small gains, such as last month’s 2% uptick in gambling revenues, $116.5 million. Players were spending 5% more but were 3.5% fewer in number. Penn National Gaming-run casinos were flat for the month, with a stagnant performance at Hollywood Aurora ($10 million) to some extent negating a 3% gain at Empress Joliet ($15 million), while Argosy Belle grew business 2.5% for $4 million. Boyd Gaming‘s Par-A-Dice had an unwontedly good month, up 3.5% ($6.5 million). It should be noted that Penn and Boyd have the best of both worlds, since they also own slot routes.
uncomfortable with Federal Trade Commission 
“Yeah, and Steve Wynn was the only person doing bad things at Wynn Resorts, and he was also the only casino executive in Las Vegas harassing women, and not a single other person knew about anything he was doing except the victims. Deep sigh.” — Scott Roeben, commenting on the circle-the-wagons reaction to the 
can bet on the outcome of past races. The Illinois Racing Board voted it through unanimously. “We’re out of time,” wailed board member Robert Schiewe Jr. By contrast, General Counsel Michael Pieczonka warned, “I don’t know how we can draft rules to do something that can’t be legally done. That’s the problem.” After all, despite several attempts, the Illinois Legislature has never approved racinos. Fuck that, said one board member, in effect. “It could immediately result in some extra revenue,” remarked Thomas McCauley. Proponents of historical racing are prepared to argue that it’s simply another form of parimutuel wagering.
MGM National Harbor, of course, led the pack, grossing $59 million — yes, almost $2 million a day — for an 18% gain. Slot revenue averaged $344 in win/slot/day and tables had an average win of $5,323 per day. High-taxed slots contributed $30 million, low-taxed tables $29 million. Close behind at $48 million, Maryland Live shot up 15%, with $34 million from slots and $14.5 million from tables. (You can see why MGM’s business plan emphasizes maximizing table revenue.)
million for improperly attempting to influence Hoosier State regulators or having “violated public trust and confidence in the integrity of Indiana’s casino industry.” Caesars essentially 
since it has an exclusive contract to operate a casino at Meadowlands. In a display of rather poor taste, Hard Rock CEO Jim Allen used Hard Rock Atlantic City‘s opening to tell reporters that “every study projects a casino at the Meadowlands would do well.” This hardly squares with Allen’s 
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