“One of the key metrics by which we will measure that success will be the overall well-being, safety, and welfare of the employees. A second but equally important metric is the importance of compliance and communication with the regulator. This penalty is designed to guarantee these practices.” — Massachusetts Gaming Commission, passing judgment on Wynn Resorts
sports broadcasts, where live or rerun, with the exception of horse races. (There’s always an exception for the horsey set, it would seem.) In changing their stance, GVC and William Hill are coming into line with parliamentary momentum in the United Kingdom, and even support a ban on gaming logos on footballers’ jerseys. “I call on our industry peers to help us bring about an end to broadcast advertising which promotes sports-betting in the UK no matter the time of day,” continued Alexander. Putting its money where its mouth is, GVC will 
company to move forward. While some had called for a still-higher fine, “We are confident that we have struck the correct balance and met our legal and ethical burdens,” wrote Massachusetts Gaming Commission Chairwoman Cathy Judd-Stein. The MGC also released its 
Gov. Ron DeSantis (R) is keeping the details close to his vest—and the clock is running fast on legalization, but it’d be a big step forward and open a lucrative new market. Florida parimutuels and sports arenas could offer sports betting under the compact, albeit with the Seminoles acting as a “hub” for wagers. By putting the Seminoles at the heart of the sports-betting hub and spoke system, placing the betting effectively on tribal lands, it would circumvent the recent restriction on new gaming without voter approval (a restriction that, ironically, the tribe strongly supported). The deal would run for 31 years, 11 more than 
“There is no truth more thoroughly established, than that there exists in the economy and course of nature, an indissoluble union between virtue and happiness, between duty and advantage, between the genuine maxims of an honest and magnanimous policy, and the solid rewards of public prosperity and felicity.” — George Washington, from his inaugural address, delivered 230 years ago today.
23), Wynn Resorts is trying to reap some positive karma. It has abandoned its pay-for-parking policy. Not only will short-term parkers get to use the Wynn garages for free, so will overnight guests. The policy change goes into effect tomorrow. Let’s hope Wynn’s example spreads to Caesars Entertainment, MGM Resorts International and The Cosmopolitan of Las Vegas.
acquisitions. Downtown continues to be Boyd’s bastion of strength, 8% above expectations, while corporate expenses were 2% less than modeled. “Management highlighted that performance at Gold Coast has been solid and share gains made last year during construction of competing properties (i.e., Palms and Palace [Station]), have largely maintained,” wrote JP Morgan analyst Joseph Greff. Continued dominance of the Hawaii trade and a long-term comeback in Downtown also aided 
“When I announced MGM 2020 back in January, I knew it would be a long and challenging road to implementation. I pledged you would hear from me once decisions on our new operating model are completed and it is ready to implement. Thank you for your patience and support as we’ve worked through the process to get to the place where we find ourselves today.
comparison. In March 2018, baccarat win was up 118%. Last month it was down 56% on 43% less wagering. Non-baccarat table games won 16% more on 3.5% higher wagering. Slot coin-in was 5% and the one-armed bandits kept 5.5% more than in 2018. The real strength was in the locals market, up 6.5%. Downtown ($59 million) was up 9%, North Las Vegas did $26 million (+8.5%) and the Boulder Strip raked in $70.5 million (+9%). Laughlin lost ground, down 4% to $49.5 million but uncategorized Clark County gained 5% to $112 million.
hotel will need to generate cash flow of $130 million to hit 13% ROI. However, Unite-Here Gaming Research puts the annual EBITDA at $117 million, which is hardly a disgraceful shortfall, although the Culinary estimates it take Wynncore-sized room rates to get that far. True, Station management has ratcheted expectations down from “mid-teens” ROI to “double-digit.” But how would the Palms perform had Station left it in its previous state?
law has to survive three more votes in the House before moving along to the state Senate. However, it has powerful bipartisan backers in Majority Leader Alec Garnett (D) and Minority Leader Patrick Neville (R). With two weeks left until adjournment, though, it may be a nip-and-tuck affair. The bill would juice existing casinos into sports-betting concessions while horse track Arapahoe Park, ironically, 
Montana, Mississippi and Oregon.) Casino-rich Florida was an incredibly surprising #49, all the more so since 
(Hence the bargain price.) Ahern will not need to worry about a gaming license, as he is ripping out the casino portion of the property and repurposing it for convention and meeting space. Ah, a developer who has done his homework in re the Strip. “I absolutely will not keep the name,” Ahern told the Las Vegas Review-Journal, and it’s safe to assume that all the 
Las Vegas Sands is on its way out of Pennsylvania but not before receiving 
shorthand for one of Terry Caudill‘s businesses but Caudill is not involved with this but a TLC timeshare company does rent office space at the Plaza, according to hotel CEO Jonathan Jossel. “I guess the initials may be confusing but they are completely unrelated,” says Jossel. “The Plaza does have a lease with a timeshare company who uses a space in our building and hotel rooms as part of their sales/presentations but none of our rooms are available for a timeshare model or condos. Perhaps TLC putting some [Plaza] rooms up for advertising and new business purposes on RCI which is 
casinos in the rural Mississippi area. Resorts was never the same after bumbling Tom Barrack and Colony Capital bought it and crushed it with debt. Penn picked it and one other Tunica casino up for a $44 million song. However, the economy was against it and 200 workers (a remarkably small casino workforce) will soon find themselves unemployed. Penn’s neighboring Hollywood Casino Tunica will remain open, as will a third Penn-owned casino and the company will try to find jobs for displaced Resorts workers there.-
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