“Connecticut residents are best served by the state spending less time in court and more time on real opportunities to maximize economic
development and job creation. That’s why each passing month makes it more obvious that the most productive path forward for Connecticut is to pass legislation calling for competitive bids on any new commercial casino in the state, and to get started on that process.” — from MGM Resorts International‘s formal statement last week on a federal decision quashing a Mohegan Sun/Foxwoods Resort Casino satellite facility in East Windsor, 12 miles from MGM Springfield.
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million, which translates to $1.8 million/day. Impressive, no question. Revenues continue to skew towards (heavily taxed) slots, with $30.5 million, and away from table games ($24 million). Maryland Live was up 7% to $50 million, while Horseshoe Baltimore continues to fade, down 1.5% to $21 million. The advantage of being near the Baltimore Ravens‘ stadium is not so great when you consider that it is in use only 10 days a year, plus playoffs.
down 5% despite a state-leading $34 million gross. Grand Victoria, now Eldorado Resorts‘ problem, was off 8% to $13 million, while Harrah’s Joliet dipped 5% to $14 million. Penn National Gaming had very mixed results, with Hollywood Aurora holding its ground the best at $10 million, only 3% off but Empress Joliet tumbling 11% to $9.5 million. In the St. Louis market, Argosy Belle got a 12% hammering, to $4 million, while Casino Queen plummeted 11% to $7 million.
a date “recently … affirmed” by Genting Group. In other good news for Sin City, convention and meeting planners are experiencing a dearth of good spaces in the U.S., making Las Vegas — with its plethora of convention halls — all the more attractive. Per McKnight, it “underscores our view that Q3 and Q4 weakness are outliers, and demand trends and mix should return to normal levels next year.”
choice for the HRAC job. Lupo will be well versed in the Hard Rock methodology, having come fresh from Hard Rock Tampa (which now changes horses in the midstream of a vast renovation). “I would like to thank Matt for his contribution to Hard Rock Hotel & Casino Atlantic City and appreciate his efforts leading the successful opening of this exceptional property,” said Hard Rock International COO Jon Lucas as he opened the trapdoor. The Press of Atlantic City
power to control gambling expansion in the Sunshine State and — at least in the hopes of political bedfellows Disney and the Seminole Tribe — put a de facto end to casino growth. Yes, the Florida Lege has been exceptionally incompetent on gaming issues, fumbling them away in session after session. But unless Florida is to have a crazy quilt of gambling laws, the status quo in Tallahassee should be preserved, After all, nobody ever said that lawmaking was pretty. (Quite the opposite.) In the meantime, Disney and the Seminoles
spending from betting operators on advertising, data and sponsorship and revenue generated as a result of increased consumption of the league’s media and products.” The AGA cites the results of a
daily basis, like Google, like Apple, and companies that are in our space, like Scientific Games, or adjacent verticals, like Zynga, are all down there, competing for the talent among themselves, but also competing for the talent that’s coming from the university, because they have an extremely strong program.” — Everi Holdings CEO Michael Rumbolz on his company’s decision to
committee dealt to its witnesses. Sheldon Adelson puppet Jon Bruning whined predictably that “there needs to be some federal guardrails regulating online gambling,” although it is significant that Adelson appears to have conceded the inevitability of Internet gambling. “I think one thing all of you agree on is that for Congress to do nothing is not an option,” Sensenbrenner
ones where amenities are concerned. In an even more improbable development, The D was named ‘best Las Vegas casino,’ putting Big Gaming to shame. More ‘expectable’ was the choice of Foxwoods Resort Casino as best non-Las Vegas casino. Best casino restaurant also went to the Mohegans: Capriccio in Resorts Atlantic City. (Some of you must have eaten there; how good is it?) Best loyalty program was no surprise at all: Total Rewards. We have to hand it to Gary Loveman, who built a better mousetrap with that one.
gaming regulators with budgets that exceed $1.3 billion dollars oversee the gaming industry,” testified Slane. “Just as Congress has refrained from regulating lotteries, slot machines, table games and other gambling products, it should leave sports betting oversight to the states and tribes that are closest to the market,” she told the House committee. She got backup from Nevada Gaming Control Board Chairwoman Becky Harris, who said,“States do a great job in every area including sports betting and we’ve just begun to see the roll out in other states. Nevada has a comprehensive regulatory structure that has been refined over decades, and we have a lot of integrity in our process.” Nor is the AGA an outlier on the idea that the federal government ought to butt out of
non-move smacks of the same boneheaded mentality that makes it the most piddling casino in Pennsylvania. Mind you, it’s not alone in its online myopia: Pinnacle Entertainment is passing it up at The Meadows racino. These choices, and a few others, have made seven licenses (one each for slots, table games and poker) available to out-of-state operators. Even a non-American operator like The Stars Group would be eligible, hypothetically.
customer, he wrote, remains intact, pointing to only a minor (1%) decline in slot revenue on flat handle. “However, we estimate that gaming only accounts for 25-30% of total Las Vegas Strip casino revenues – which clearly varies by business model and operator,” wrote McKnight, trying to prettify the picture. Mind you, last month was competing with an exceptionally strong August 2017, when gambling revenues were up 21%, propelled by
communications, and your stories. It comes across in your tone, manner, images, and interactions. A properly formed brand style guide makes the brand understandable to all and influences actions, so the brand can come to life at all touchpoints.” — marketing consultant Julia Carcamo
that front. Where Derek Stevens is concerned it’s quite a different story. At 5 p.m. today, Culinary members will take to the downtown streets (just in time for live video on the local TV newscasts), marching from Fremont to The D, where they will rally until 7 p.m. This is not the first time the Culinary has taken to the streets against Stevens, who seems to be the most deeply entrenched of the casino owners. The Union’s demands are as follows: “new contract language to provide greater measure of security for members including workplace safety, sexual harassment, subcontracting, automation/technology, and immigration. In addition,