As one might anticipate in a highly competitive free market, the upsized Atlantic City casino industry saw 15% less cash flow last year. This is only to be expected with the addition of Hard Rock Atlantic City and 
Ocean Resort. Far be it from us to make the argument that competition should be repressed to keep profit margins high. Two casinos did it right: Both Tropicana Atlantic City and the Golden Nugget saw higher gross operating profits in 2018. The Nugget was up 12.5% to $45 million and the Trop inched up 1.5% to $93.5 million. Borgata had the most to lose and it did, off 19% to $206 million. Both new casinos reported operating profits—Hard Rock $9 million, Ocean Resort double that. Resorts Digital had a terrible year, spiraling 75% downward.
Hotel occupancy ran at 80%, led by Resorts Atlantic City at 86%, trailed by Golden Nugget at 74% (which makes the profit-margin performance all the more impressive). Borgata was the Continue reading
would try to run out the clock, then say to Attorney General Maura Healy, “Hey, they spent $2.6 billion, the building’s finished and all these people have jobs waiting for them. Let’s cut the company some slack.” 
“Everyone else in the gambling industry thought it was the dumbest idea ever. Now all the naysayers would cut off their right arm to get a piece of land there. I’ve got a warehouse full of arms, and a couple of left ones, too.” — Las Vegas Sands CEO Sheldon Adelson, 
shoelaces together. The transaction, while would transform Wynn into a Australia-centric company, 
world. The deal leaves Gilbert still in control of Jack Cleveland, racino Jack Thistledown and with a minority stake in Jack Baltimore. If Gilbert is playing one side off the other to get the best deal a la carte I’d saying it’s a winning strategy. It also explains why Hard Rock was not only so tractable to selling Northfield Park but were quick to take their name off the racino. The deal is valued at $780 million. Now let’s rid of that ridiculous “Jack” brand, which reeks of douchebaggery.
necessity the mother of dire invention, Gov. Ricardo Rosselló has proposed the 
a major success. He will build a new hotel, a “state of the art” arena and additional convention space, all to the tune of $3.3 billion. In return, Las Vegas Sands will assent to paying higher taxes and Singaporean casino patrons will be assessed a costlier entry fee. “The expansion will enable to LVS to grow via new investment in an attractive market, albeit with increased costs,” wrote JP Morgan analyst Joseph Greff.
gambling and residential complex in downtown Calgary. Obviously New Urbanism is still alive and well in Murrenville. Whether spending over $5 billion on the Calgary market is utterly daft or not remains to be seen. Those $9 billion-$10 billion overtures to Japan have obviously loosened the lion’s purse strings. Calgary has been promised “a significant economic and tourism boost.” The jury’s still out on that one in Springfield but perhaps since Calgary is a major metropolitan area MGM will have a running start.
reeks of insecurity. Dan Gilbert, if you’re ever going to make a run for the top spot in the Buckeye State, now’s your chance. The Hard Rock brand powered the slots-only racino to #1 consistently. The switchover will be an acid test of the power of the MGM brand against the Hard Rock one.
to beat him with—so he sat on his hands, letting it become effective without his signature. Justice similarly hid under his desk when a sports-betting bill came his way last year. There will be five i-gaming permits and, by a remarkable coincidence, the state has five brick-and-mortar casinos. Licenses will cost $250,000 and be effective for five years, whereupon renewal will require a $100,000 levy. Suppliers will pay $10,000 apiece to be licensed.
last year saw an 11.5% increase. Slot winnings were actually good ($268 million), up 4.5%, while non-baccarat table win jumped 14%. But baccarat was a triage unit, down 26% on 18.5% less wagering, making the house doubly unlucky. Strip casinos grossed $592 million overall. Downtown jumped 9% to $58 million, the Boulder Strip grossed $65 million (+2.5%), North Las Vegas grossed $24 million, up 5%, and miscellaneous Clark County jurisdictions like Mesquite and Summerlin pulled in an aggregate $97 million, an 8.5%. In other words, the picture was unquestionably healthy among locals gamblers and mostly so amidst the tourists.
Winner and he’s favored to win the annual run for the roses at Churchill Downs. At least that’s what Kentucky Derby Online Betting says. KDOB predicts the following order of finish: 
the casino over her dismissal, which she alleges followed her complaints about sexual discrimination and retaliation. After booking a nightclub act that drew a largely African-American clientele, Carpenter says the casino’s general manager told her to never again “book a nightclub event for all black people.” She also charges the casino with firing her as relation for a workmen’s-comp filing. Carpenter says she was told she was not a “