“You might think, ‘Well, that is not going to happen to us in America. We’re not going to listen to some ridiculously haired buffoon peddling lies and nativism in the hopes of riding a protest vote into power. Well, let Britain tell you it can happen. And when it does, there are no f—-ing do-overs.” — HBO Last Week Tonight host John Oliver on the United Kingdom‘s abandonment of the European Union. Oliver also described prime minister wannabe Boris Johnson as “a shaved orangutang with Owen Wilson‘s hair.”
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casinos will very quickly eclipse the cost of restoring benefits and giving people a fair raise,” says the union’s Ben Begleiter. Or will it? Industry analyst Steve Norton, who’s spent a long time on the management side of the desk points out that — with four casinos having gone under —
and Agua Caliente tribes, and their anti-PokerStars allies (who include Sheldon Adelson, meddling in California internal affairs through his Coalition to Stop Internet Gambling PAC). Although compromise after compromise has been struck in the Assembly with the intent of bringing the Pechanga faction into the fold, the latter remains stubbornly opposed, to the point where some are wondering if the real endgame is to squelch i-gaming in California altogether for fear of being also-rans if and when the market opens up.
expanding gambling is one of the few remaining ways to close a budget shortfall. Accordingly, the House
“We really could talk this monstrosity to death for the rest of our lives. We’re not going to. We’re going to finish this now.” — U.S. Bankruptcy Judge A. Benjamin Goldgar,
speaking of the league, “They’d prefer we don’t go in that direction.” Also, Foley
an object lesson in how not to open a casino. As though to shame Straub by example, the Tropicana is
Lake Charles market taking the hardest hit, -16.5%. That led to a 19% tailspin for Pinnacle Entertainment, although although all major operators — Boyd Gaming -11%, Caesars Entertainment -10%, Gaming & Leisure Properties -15%, Isle of Capri Casinos -16% — had a rough go of it. Not only did Pinnacle’s L’Auberge du Lac ($21 million) plunge 29%, it lost primacy in Lake Charles to the Golden Nugget ($23 million, 5%), a signal victory for owner Tilman Fertitta. Also-rans in the market were Isle Grand Palais ($10 million, -16%) and Boyd’s Delta Downs ($16 million, -11%).
“… when a ball bounced into the Trumps’ grassy yard, he would not throw the ball back but instead would yell, ‘I’m going to tell my dad; I’m going to call the police.’” — Laura Manuelidis, on how adolescent Donald Trump prefigured old Donald Trump (
until Aug. 29 to cut a new deal with bondholders. As far as the pesky junior ones, like Appaloosa Management‘s David Tepper are concerned, what Caesars is offering them
Half of that amount would go to alleviating Atlantic City’s fiscal problems, another 30% would be dedicated to transportation infrastructure, and the remainder would be split between anti-drug enforcement and women’s health. Gusciora’s introduced legislation called “Promoting Opportunities for Tomorrow” (
“I don’t like playing slots. Just hitting a button over and over again to see what pops up is boring. Makes me feel like a test rat that gets addicted to hitting a trigger because it results in cheese, unpredictably and randomly.” — Raving Consulting Marketing Manager Gency Warren (age 29),
traditional hockey markets, the committee passed over a similar bid from Quebec City. If approved by the NHL’s 30 owners, the Las Vegas team would start play in the 2017-18 season. Although not involved with the ownership of the team, this is also a win for MGM Resorts International, which will be able to fill at least 50 nights at T-Mobile Arena (200 more if the team makes the playoffs — I jest). Already, 13,200 seats are spoken for at T-Mobile, which holds 17,500 puck fans in its hockey configuration.
Overall, Penn says its springtime revenues have been tracking with its expectations. Greff writes that “overall trends for its consumers remain relatively positive with stable housing prices, modest wage inflation, and job growth in its major markets.” The sanguine outlook of casino executives, whose job is to look at the bottom line, continues to contrast starkly with the free-floating rage encountered in the body politic.