“I’ve changed my mission from making New Jersey the Silicon Valley of Internet gaming to the mecca of Internet gaming.” — state Sen. Raymond Lesniak (D), author of a bill that would remove the requirement that the state’s online-gaming servers all be located in Atlantic City. How he hopes to get around the necessity for states to compact with one another to share liquidity remains unsaid.
-
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 - 57,764 views
- You can’t fix stupid; Good-bad news on the bayou - 57,617 views
- If you can’t beat ’em, cheat ’em; Fun & games - 55,818 views
- Pennsylvania soggy; Epic fail in North Carolina - 56,743 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 56,723 views
- Profit vs. investment on the Strip - 1,055,588 views
- Lame nag; Frissora overpaid? - 579,441 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,741 views
- That casino smell - 63,854 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 59,510 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 59,150 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 58,334 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 58,135 views
Blogroll
Admin.

(Slots are taxed at a usurious 43%.) While Dover Downs made $32,000, it suffered a 7% decline in casino revenues. A piquant Delaware law requires racinos to close on Christmas and Easter, and the latter happened to fall in 2Q17. CEO Denis McGlynn also has been pressing Gov. John Carney for increased promotional efforts on the casino industry’s behalf — although, having extracted that 43% pound of flesh, it’s an open question whether Carney would reinvest it right back from whence it came.
lowbrow, bodega-incense vanilla, either. It smells like a Diptyque candle or fancy shampoo. Like vanille, sourced from some formerly colonized nation. Like rich people. If you do not come from wealth, it’s intoxicating, this scent that permeates the MGM National Harbor. It sticks to your hair and your clothes, quietly bathing you in status.” — from
Revel (aka Ten) had been sold, former exec Mark Juliano — late of Sands Bethlehem — would return to the helm and it would reopen as a casino … something that was far from certain under Straub’s mercurial ownership. If true, this news would explain Juliano’s sudden departure from Las Vegas Sands. So far that seems to be the only report to date on what would a pretty radical piece of news along the Boardwalk. Could the alleged buyer be that mystery private-equity firm that Straub denies having met? Only PR firm Digital Launch knows for sure and they’re not talking other than to say it’s a hospitality company that would (unlike Straub) apply for a gaming license.
course, we could see — in fact, are likely to see — a Sega Sammy scenario in which the company takes the majority position in a megaresort project and one of the gaijin casino developers, like Wynn Resorts, holds a minority stake. Galaxy and Hard Rock International have already embraced this possibility, without explicitly naming any prospective partners.
you know this quarter was disappointing in terms of the lodging component, which is more and more important in Las Vegas,” COO Rob Goldstein allowed during the conference call, before predicting better results in the back half of the year: “business is picking up and the group business is accelerating, so we’ll do well.”
“[Americans] frequently misunderstand the nature of gambling addiction, seeing it as a symptom of moral weakness rather than a medical condition. [It’s why] people with problems are reluctant to get help.” — National Council on Problem Gambling Executive Director Keith Whyte on
trips to Brazil
“As soon as the government lets us, we’ll build more new and beautiful hotel rooms. We have property on both sides of our current land concession and we have already built connections to both sides of it, so we can build rooms when we want. We will erect beautiful hotel towers with convention and meeting space the minute we’re allowed to do it.” — Steve Wynn,
to move forward. The reinvention of Palace Station could also include an all-important convention center (nightclubs are so 2015), a pool deck, an outdoor restaurant and 42,252 more square feet of casino space. It’s also unclear at this point whether the remodeling would undo the convoluted layout of Palace Station, which has very bad chi in that respect. If the Fertitta Brothers took my advice (and that’ll be the day), I’d say tear out everything except the existing hotel tower and the new bingo room and start anew.
Bracketing Caesars was another tribal casino, Pechanga Resort & Casino, in California. Another Caesars Entertainment property that is up and coming rapidly, The Cromwell, took the #8 spot. The dark horse on the list, given its small market, was Hard Rock Hotel & Casino, in Sioux City, Iowa. Hard Rock urged its patrons to stuff the ballot box and
shortfall. One late-entrant idea that is gaining more traction than anything else is the proposal of mini-casinos, 10 of them. (The size of the casinos still appears to be undefined.) This would give the Keystone State three tiers of casinos: big, Vegas-style ones like Rivers Casino in Pittsburgh; smaller, restricted-admission resort casinos like Valley Forge (which sits immediately below the bluff upon George Washington encamped his army) and now “mini casinos.” Penn National Gaming is crying foul, since most of the prime locations happen to be around its eponymous racino near Harrisburg.
exposed as empty suits, but we won’t belabor the point.) In a bit of dirty pool, three Carson City casinos went to court to try and impede competition. The owners of Carson City Nugget, Gold Dust West and Casino Fandango asked the courts to block the licensure of Michael Pegram to reopen the defunct Horseshoe Club. What
tumbling 11%. What Pinnacle Entertainment lost at L’Auberge, Tilman Fertitta made up at Golden Nugget ($24 million), vaulting 14.5%. Isle of Capri ($10 million) was flat but Boyd Gaming‘s Delta Downs ($15 million) gained 7%. In Baton Rouge, Pinnacle’s L’Auberge Baton Rouge ran away with the market, posting $15 million on a 15% gain. The best that Casino Rouge (+2%) and Belle of Baton Rouge (+15%) could between them was $11 million.
about the ultra-gaudy casino that become his erstwhile boss’ signature property. The beginning of the end of the Donald Trump era came this week, as Hard Rock International began removing the marquee and some external decorations, just the first step in converting the Taj into a sleek, modernistic, Hard Rock-branded resort. Interestingly, Trump was more forward-thinking than some of the his, favoring an open casino-floor plan of the type that has become standard, while Norton leaned toward the traditional maze layout (and if you’ve ever
blow. One could argue that the paid-parking model is another step in making Las Vegas just like other major cities, but much of Vegas’ appeal was built on its otherness. Like MGM Resorts International and Caesars Entertainment before it, Wynn has obviously done the calculus and concluded that alienating the locals is either irrelevant or an acceptable risk when tapping a new revenue source. At least Wynn is giving something back, in the form of as-yet-undisclosed discounts for Red Card customers. We learn to be grateful for so little these days.
(R) had to dragged kicking and screaming into approving Motown casinos