Encore cheating suit revived; Racism in Vegas

‘We’ll see you in court.’ That was, in effect, attorney Joshua Garick‘s response to Encore Boston Harbor after the latter was exonerated of alleged cheating by the Massachusetts Gaming Commission. Garick is irked that the MGC’s investigation lasted all of a day and was conducted without any input from the plaintiffs: “If the Commission’s goal is to ensure gaming in Massachusetts is conducted with integrity, we question why Encore representatives sat with the [Investigations & Enforcement Bureau] investigators and participated in the presentation, while we were not contacted or invited to participate in any way.”

Calling the lawsuit “false and unfounded,” casino President Robert DeSalvio added, “Every customer gets every penny that they deserve at Encore Boston Harbor, and never would we Continue reading

Posted in Animals, Architecture, Cretins, Diversity, Florida, Hard Rock International, Massachusetts, Movies, Pets, Philippines, Regulation, Seminole Tribe, Wynn Resorts | Comments Off on Encore cheating suit revived; Racism in Vegas

Quote of the Day

“The terrible art of the candidate is to coddle the self-deception of the stooge.”—new British Prime Minister Boris Johnson.

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Atlantic City: It’s not just for daytrippers anymore

In an in-depth feature, the New York Times comes to the Boardwalk not to scorn but to celebrate Atlantic City and what it truly has to offer. How so? Consider that of twelve principal stops, only one (Ocean Casino Resort) is a gambling house. Instead, the Gray Lady tells you were to find the best oysters in town, guides you to antiquarian books and the Noyes Arts Garage or the African-American Heritage Museum of Southern New Jersey. That will work up an appetite for White House Subs (“Takeout lines are often longer than those for a table”) or a thirst for Little Water Distillery, which dates back to Prohibition. If you don’t mind its dodgy surroundings, the Iron Room offers “hundreds of whiskies, an excellent wine list, plenty of craft beers, and ambitious cocktails” to slake your thirst. Ocean’s brand-new sports book got it Continue reading

Posted in Atlantic City, Caesars Entertainment, Eldorado Resorts, Florida, Hard Rock International, International, New York, Ocean Resort, Seminole Tribe, Sports betting, Taxes, Tourism, Tribal | 2 Comments

Quote of the Day

“The casino industry is based on customer loyalty and winning consumers’ trust and money through service; one wrong step in the collection of personal information could destroy that trust forever.” — Stacy Norris, writing in the University of Nevada-Las Vegas Gaming Law Journal on the use of facial-recognition technology by casinos.

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One city to rule them all; “Cats” is coming for you

Can you believe that San José, Costa Rica is the seventh-best place to gamble? It might the best casino town of which you’ve never heard, with 30 casinos and “a quite attractive exchange rate.” That’s the conclusion of a TravelTrivia.com survey. Other cities that made the elite list included New Orleans (“no shortage of tables and slot machines”), Reno (“a strong and vibrant casino community,” plus proximity to Lake Tahoe), Singapore “has busted out of the gate like that horse you wish you would have bet on” — no argument there, Monte Carlo (“the world’s most stylish gambling destination”), Las Vegas has to settle for the #2 spot because if you’re not in Macao you might as well not be in gaming. Writes TravelTrivia.com, “gambling tourism makes up 50 percent of the economy. That’s a lot! I’d bet it’ll be even more in the next few years.” Don’t let the central guvmint hear you. That’s exactly what they don’t want.

* There was one bright spot amid a litany of mostly depressing news from Louisiana: Video poker revenues were Continue reading

Posted in Atlantic City, Caesars Entertainment, Eldorado Resorts, International, Lake Tahoe, Louisiana, Macau, Movies, North Carolina, Problem gambling, Reno, Singapore, Tourism, Tribal | Comments Off on One city to rule them all; “Cats” is coming for you

Lackluster in Louisiana; OK tribes stiff-arm Stitt

Whatever people in Louisiana were doing last month, gambling wasn’t it. Casino receipts were down 9% and you can’t blame it on the smoking ban in Baton Rouge (-13%), not when Lake Charles—the best market in the state—was nearly 10% lower, year over year. The area had a hard time but Penn National Gaming has be singled out for apparent mismanagement of L’Auberge Lake Charles ($26 million), which fell 15%, compared to 8% for both Isle Grand Palais ($8 million) and Delta Downs ($15.5 million). Golden Nugget eked out the tiniest of edges on L’Auberge, with $26 million plus pocket change, down 5.5%. As Eldorado Resorts sheds weak properties from its portfolio, it should consider ridding itself of Belle of Baton Rouge, plummeting 43% to $2 million. By contrast, L’Auberge Baton Rouge grossed $12 million (-6%) and Casino Rouge was down 8% to $4.5 million.

Harrah’s New Orleans easily dominated its area, grossing $22.5 million (-5.5%). Boomtown New Orleans and Treasure Chest each grossed Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Eldorado Resorts, GLPI, Greenwood Racing, Internet gambling, Louisiana, North Carolina, Oklahoma, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tilman Fertitta, Tribal | Comments Off on Lackluster in Louisiana; OK tribes stiff-arm Stitt

Quote of the Day

“Some of it feels very familiar, and it just looks like another head of the same beast.”—retired teacher Sharon Hinton, on present-day racial tensions.

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Encore cleared of cheating charge; Linq goes green

Score one for Encore Boston Harbor. Its slot-payout and blackjack rules were upheld by the Massachusetts Gaming Commission. That’s a win for 6:5 blackjack and a loss for players. “There exists a ‘6 to 5 blackjack variation,’ which is a particular type of blackjack game that is separate and distinct from standard blackjack,” investigator Bruce Band wrote to the MGC. As for getting change on your slot play, which the machines round down to the nearest dollar, you have to go to the cashier to get it. “It was probably not posted clearly enough by Encore,” wrote Band. In a ‘my bad’ move, Encore will begin posting signage that reads, “Machine only dispenses cash, ticket will print for change. Please take ticket to the cashier to redeem.” President Robert DeSalvio has also floated the idea of installing coin-in/coin-out machines. “Every single customer gets every dollar and every penny that they have coming due to them,” he added.

But plaintiff’s attorney Joshua Garick is scarcely mollified. “We’re very disappointed that the investigation arm of the commission in under Continue reading

Posted in Caesars Entertainment, Environment, Massachusetts, Regulation, Scientific Games, Technology, The Strip, Transportation, Wynn Resorts | 3 Comments

Quote of the Day

“There is something about a closet that makes a skeleton terribly restless.” — playwright Wilson Mizner

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Trouble in paradise; Hard Rock comeback

As faithful S&G readers know, we’re coming up on the re-tender of the six casino concessions in Macao. One of the enclave’s most prominent junket operators, Suncity, had hoped to oust an existing concessionaire and take over its casinos. (A seventh concessionaire might also be added.) However, the government of China hates online gambling almost as much as Sheldon Adelson does, and allegations that Suncity has been active in the promotion of Internet play could queer the pitch for a casino bid. It is also accused of facilitating proxy betting, which is a big no-no in Macao, a charge Suncity denies. The government is taking this very seriously. Lead regulator Paulo Martins Chan called all six concessionaires on the carpet to remind them that ‘Net bets within Macao are nixed. He conveyed a similar message to Macanese junket operators, telling them their licenses would be imperiled by online gambling.

“Online gaming and promotion of gaming are criminal offences in mainland China, and the government is aware of its negative impact on the economy there and is concerned of how it could result in Continue reading

Posted in Baseball, Diversity, Hard Rock International, Indiana, Internet gambling, Law enforcement, Macau, New Jersey, New York, Philippines, Regulation, Rush Street Gaming, Spectacle Entertainment, Sports betting, The Crown 18 | 1 Comment

California: Child brides and gambling don’t mix

One of the weirdest gaming stories ever is playing out in California. Both Ted Kingston and Joseph Kingston, 95% owners of Lake Elsinore Casino, are tied to the Kingston Group, a polygamist sect that the Southern Poverty Law Center has also tagged as a hate group. With so many negative associations swirling around them, the Kingston brothers haven’t much of a chance for a casino license. It’s been proposed that ownership be flung to a cousin, Chad Benson, but is that enough distance? This dispute is so gnarled it has dragged on since 1991. Now Administrative Law Judge Theresa M. Brehl is applying some pressure, ordering the state to either accept her ruling in Benson’s favor within 70 days or write its own. Brehl obligingly overlooked a skein of accusations against the Kingston Group, including one from former Utah Attorney General Mark Shurtleff, who said, “I strongly believe they are an organized crime family.”

Meanwhile, the Kingston brothers’ card room limps along from one temporary license to another. It hasn’t helped that a convicted felon held a key position, or that the card room was found to Continue reading

Posted in Arkansas, California, Florida, Law enforcement, Nevada, New Jersey, Sports, Sports betting, The Mob | 1 Comment

Churchill Downs’ bet pays off; Mob up at El Cortez

JP Morgan‘s Daniel Politzer expects Churchill Downs to be a winner thrice over in Illinois: first, a lower tax rate on table games, starting in 2020; second, a potential 800 additional gaming positions at Rivers Casino Des Plaines (which will probably require physical expansion: it’s pretty packed in there); third, slots at Arlington Park, though Politzer thinks Churchill Downs may sell the latter now its real estate is more valuable, among several other options: “we could envision a scenario whereby CHDN would opt to sell its 336 acres of land at Arlington Park, utilize a 1031 exchange to limit tax leakage, and pursue an additional casino license in Illinois (potentially with Rush Street Gaming/Neil Bluhm; the Waukegan license seems most logical, in our view …).”

Since Arlington and Rivers are only 15 minutes apart, Churchill Downs might look askance at the obvious cannibalization. Arlington’s capacity will also be capped at 1,200 gaming positions, unlike Continue reading

Posted in Churchill Downs, Downtown, El Cortez, Horseracing, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, New York, Politics, Racinos, Rush Street Gaming, Taxes, The Mob, Wall Street, Wynn Resorts | Comments Off on Churchill Downs’ bet pays off; Mob up at El Cortez

Quote of the Day

“Our lives begin to end the day we become silent about things that matter.” – Dr. Martin Luther King Jr.

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Encore accused of cheating players

It didn’t take long for Encore Boston Harbor‘s first scandal to accrue. A class-action lawsuit against the casino is challenging its practices, particularly with regard to that eternal flashpoint, 6:5 blackjack. The suit contends that Encore is not complying with Massachusetts law with regard to ’21’ rules and slot payouts. In the case of the latter, Wynn Resorts is accused for only paying in round dollar amounts and pocketing the change. As for blackjack, Bay State rules require that 6:5 games must be played with one or two decks in the shoe but the lawsuit contends that Encore is loading up with six-shoe decks. It also asserts that, in contravention of state regulations, in which cards should be dealt face down and players are allowed to Continue reading

Posted in Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Wynn Resorts | Comments Off on Encore accused of cheating players

Encore Boston Harbor opens hot

JP Morgan analyst Joseph Greff has initiated coverage of Massachusetts and his first dispatch is a corker: Encore Boston Harbor generated $17 million in a single, debutant week of play. That includes $9 million of slot revenue. Wynn Resorts execs have got to be loving the slot/revenue mix of dollars (win/table/day of $4,151, almost triple MGM Springfield), to say nothing of the way-above-industry-average $361/win/slot/day. MGM Springfield, at $20 million for the month, has to be called a disappointment though not a flop, generating win/slot/day of a below-average $192. ($200/day is the desired average) Even if Plainridge Park grossed $13.5 million for third place (down 9%) is giving more bang for the buck than Springfield, generated slot win of $376/slot/day — better than Encore.

To put these numbers into an East Coast perspective, Borgata slot win is Continue reading

Posted in Atlantic City, Genting, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, Penn National, Pennsylvania, Twin River, Wall Street, Wynn Resorts | Comments Off on Encore Boston Harbor opens hot

Sports wagering, ‘Net bets power New Jersey; Slow month in Pennsylvania

Despite being 7% down on a same-store basis, Atlantic City casino revenues grew 14% last month. The $236 million gross represents a 3.5% downturn in slot winnings (down 8.5% same-store) but a 26% jump at the tables (down 3.5% same-store). At Borgata ($65 million), revenues were up 6.5%, including a 24% vault at the tables and despite win at the slots on 6% less coin-in. Unlike other Atlantic City casinos, the Caesars Entertainment trio got creamed at the tables (-21%) while slots slid 7% on 10.5% less coin-in. Leaving aside Hard Rock Atlantic City and Ocean Resort, for which no year/year comparisons were made available, Borgata had the only revenue-positive month. Hard Rock continues to solidify its new grasp on second place with $30 million, while Tropicana Atlantic City faded to $26 million, down 16%. (Eldorado Resorts better get a grip on things before this fade is out of hand.) Harrah’s Resort ($24.5 million) took a 17% knock and Golden Nugget got slammed, down 23% to $16 million. The upside for the Nugget is that it is soon to be making more from Continue reading

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Eldorado Resorts, Greenwood Racing, Hard Rock International, Internet gambling, MGM Resorts International, Mohegan Sun, Movies, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, The Strip, Tilman Fertitta, Tribal | 1 Comment

Eldorado’s clearance sale

Eldorado Resorts continues to slim down as it prepares for a takeover of Caesars Entertainment. Assuming the deal as a fait accompli, it is ditching Isle of Capri Kansas City in favor of Harrah’s North Kansas City. It is also shedding Lady Luck Vicksburg. The new owner of both will be Twin River Worldwide Holdings, broadening from its New England roots into wider regional operation and injecting an intriguing new name into the sale-and-acquisition fracas. The $230 million deal gives Twin River a second Mississippi casino (it also owns Hard Rock Biloxi) and an expanded presence in ‘flyover’ country between its Rhode Island and Delaware casinos and its three in Colorado. For Eldorado, the sale somewhat reduces the onus to cut costs by a half-billion dollars to make the Caesars deal fly.

The most strategic piece of the puzzle, for Twin River, is Kansas City, “where the property lies within an area near downtown that has been targeted by local officials for Continue reading

Posted in Arkansas, Caesars Entertainment, Carl Icahn, Eldorado Resorts, International, Japan, Mississippi, Missouri, Sports betting, Technology, Tribal, Twin River, William Hill | Comments Off on Eldorado’s clearance sale

Quote of the Day

“Insurance companies move in mysterious ways. Much like God … only far less generous.” — Standish (Dan Duryea) in The Flight of the Phoenix.

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Casino aspirants elbow for advantage; T-Rex derby in Washington

Full House Resorts and Spectacle Entertainment are jostling for position in Terre Haute—provided that Vigo County voters approve a casino for the city. But will it beat nearby Danville to the punch? “Pending a positive outcome on the referendum, I believe we will be ready to be aggressive with our timeline and ready to partner with the state … and the chosen casino operator to move forward quickly,” said Terre Haute Mayor Duke Bennett. “Our gaming commission is not going to be preoccupied with trying to license casinos in [other cities]. There’s just one casino on the table,” agreed Indiana Gaming Insight Publisher Ed Feigenbaum, alluding to the scrumdown of casinos and racinos rushing for approval in the Land of Lincoln.

Vermilion Advantage CEO Vicki Haugen says as many as six casino operators could vie for Danville, but she’s got to brush up on her casino history: Chicago, she said, would be sought by “the real big guys, the Continue reading

Posted in Arkansas, Connecticut, Election, Entertainment, Full House Resorts, Illinois, Indiana, International, Internet gambling, Japan, Mohegan Sun, Nebraska, Pennsylvania, Philippines, Slot routes, Spectacle Entertainment, Taxes, Virginia, Warner Gaming | Comments Off on Casino aspirants elbow for advantage; T-Rex derby in Washington

Quote of the Day

“I’m not surprised that 49 state attorneys general are investigating this practice. To me, advertising one rate but then having the actual rate depend on something buried in fine print feels a lot like false advertising.” — Boston Globe reader Scott Romanowski on the subject of resort fees.

Posted in Law enforcement, Resort fees | Comments Off on Quote of the Day