Oct. 28 is the date appointed for Oklahoma gaming tribes to meet with Attorney General Mike Hunter and find out just what Gov. Kevin Stitt (R) wants from 
them. As one chief put it, “We’re anxiously awaiting what their proposal is.” Choctaw Nation Chief Gary Batton called himself “cautiously optimistic” about the talks. The two sides’ positions are well-rehearsed: Stitt wants tribes to pay more—a lot more; tribes say the compacts automatically renew Jan. 1 and their taxes are in line with national averages. “I’m hoping it’s just a simple misunderstanding,” said Greg Chilcoat, chief of the Seminole Nation of Oklahoma, though that seems awfully optimistic in light of Stitt’s pugnacious rhetoric. The tribes are negotiating through the media, mainly via a high-profile ad campaign. Hunter, meanwhile, is bringing in a pricey Michigan law firm to help do the talking.
One suggested negotiating point for the tribes: They should threaten to pull back their unilateral infrastructure investments if Continue reading
account and disbursed to other individuals he didn’t know in a series of 22 transactions. Such a pattern of activity, if true, would strongly suggest that somebody was acting on the sly and trying very hard not to get caught. For its part, Sands says it has authorization letters. Wang Xi, the plaintiff, counters that the letters are forgeries and the originals have been destroyed. “Marina Bay Sands failed to verify whether the Disputed Authorization Letters were in fact signed by the plaintiff before effecting the disputed transactions,” reads Xi’s lawsuit. Sands has been caught 
“The opportunity to own 102 acres on the Las Vegas Strip was very interesting. From a strategic standpoint, Circus Circus is the most recognizable name on the North Strip. Treasure Island is the crown jewel in my portfolio, and Circus Circus adds another layer of gaming customer to my holdings.”—Phil Ruffin, describing 
substantive negotiation when Biden wrote to the Fertitta, in an open letter, that Station Casinos needs to “join employees from Boulder Station and Palace Station in negotiating for health care, benefits, job security, fair scheduling, fair seniority rules, and a fair grievance process … As a lifelong champion for working families and unions,” Biden wrote that he was “troubled” that Station was ignoring the outcome of unionization votes at the Palms, Sunset Station, Green Valley Ranch, Fiesta Rancho, and Fiesta Henderson. Despite its previous insistence that it would honor secret-ballot elections, Station has 
trying to make an end run—by way of the U.S. Senate—of their obligation to negotiate compacts with the Lone Star State. “Under Texas law, most forms of gambling are prohibited, including on Ysleta del Sur Pueblo and Alabama-Coushatta tribal lands,” said the senator. Cornyn’s stance puts him at odds with fellow Republican Rep. Brian Babin, who authored the clunkily named Ysleta del Sur Pueblo & Alabama-Coushatta Tribes of Texas Equal & Fair Opportunity Settlement Act. It passed out of the House in July but, as with so many other bills, lost traction in the upper house. Cornyn has requested that the legislation be put on hold—a long hold—until the tribes have negotiated compacts with Texas Gov. Greg Abbott (R), which would render the bill moot.
2019 will remain incredibly challenging for the airline,” said its chief customer and commercial officer, Ronald Lam. “The mainland China market has been hit especially hard. Intense competition together with an increasing reliance on transit passengers over the short term has continued to apply additional pressure on yield.“ The airline is also 
$224.5 million, led by Borgata with $57.5 million (a 5% slippage). Table win was down 1.5% on 3.5% less wagering, while slot win decline 6.5% on 12% less coin-in. The Caesars Entertainment trio fell 9.5% led by a 17% plummet at the tables (10% less betting) and a 6% slide at the slots, where coin-in dropped 9%. Eldorado Resorts, however, ought to look at putting its own house—the Tropicana Atlantic City—in order, as gaming revenue plunged 15% to $25.5 million, receding into fourth place. Hard Rock Atlantic City was second with $29.5 million (+14%), followed by Harrah’s Resort ($26.5 million, -2%).
and highlight BYD’s attractive free cash flow generation and ensuing de-leveraging,” Greff reported. Despite wider concerns (“trade talks, manufacturing slowing”), Boyd saw steady business across its base of regional casinos and expects growth to continue, admittedly at a slower pace “(largely reflective of multiple years of growth as opposed to any fundamental weakness).” The Las Vegas market continues to burgeon, thanks to construction, a growing market of sports teams and a stable economy. “Over the next 18 months, BYD will monitor the potential impact for new competition near Blue Chip [in Indiana] as well as the impact from Circa in Downtown LV, which is expected to open December 2020.” Boyd doesn’t seem to be too worried about 
and MGM Grand. Well, the Green Monster got left out of the transaction but MGM’s most iconic property will change hands, for a king’s ransom. They say everything is for sale for the right price and, in Bellagio’s case, that price was 
saying he brought “discredit” upon the state of Nevada, reports KTNV-TV. Could this be first step toward banning him? Should Steve Wynn ever be allowed to own a casino again? The precedent is an unflattering one: Ralph Engelstad and his Adolf Hitler birthday parties at the Imperial Palace (now Linq). Engelstad was fined up the wazoo and made to eat crow. But he kept his casino. Wynn will show no such contrite inclination. He has been not only unrepentant but 
Waiting for “breadcrumbs to fall off the truck.” That’s Gaming & Leisure Properties‘ self-described business plan. GLPI execs, including CEO Peter Carlino (left), were in Las Vegas for Global Gaming Expo and took the opportunity to chat with J.P. Morgan analyst Joseph Greff. Salient takeaways from the meeting included: