{"id":16256,"date":"2015-06-23T12:08:17","date_gmt":"2015-06-23T20:08:17","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=16256"},"modified":"2015-06-23T12:08:17","modified_gmt":"2015-06-23T20:08:17","slug":"penn-primed-for-plainridge-launch-little-tribal-traction-in-maine","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/penn-primed-for-plainridge-launch-little-tribal-traction-in-maine\/","title":{"rendered":"Penn primed for Plainridge launch; Little tribal traction in Maine"},"content":{"rendered":"

Are executives at Penn National Gaming<\/strong> getting high on their own supply … of slot machines, that is? The industry’s desired average for \"Healey\"<\/a>slots is $200 but Penn is predicting a sky-high $500\/slot\/day<\/a> at Plainridge Park<\/strong>, which opens tomorrow, inaugurating the casino epoch\u00a0in Massachusetts<\/strong>.\u00a0\u201cI don\u2019t see Plainridge getting that kind of money.\u00a0Almost twice what Foxwoods does on its machines? I don\u2019t think so,\u201d\u00a0Lasell College<\/strong>\u00a0Assistant Professor of Political Science Paul L. DeBole<\/strong> told the Boston Globe<\/em>. Even Penn’s most successful racino in Ohio<\/strong> ‘only’ does $290\/VLT\/day. Laudably, Penn will have problem-gambling counselors on site 16 hours a day.<\/p>\n

Penn will also open Plainridge Park with its 28 electronic blackjack machines intact, Attorney General Maura Healey <\/strong>(above<\/em>) having declined to intercede<\/a> on behalf of the luckless Mashpee Wampanoags<\/strong>. (Hey, Wampanoags, how’s that land-into-trust thing going? Not so well, huh?)<\/p>\n

* SLS Las Vegas<\/strong> boss Scott Kreeger<\/strong> outlines some of the gaffes (no dining comps, for one) that have the property rolling out a whole new loyalty program<\/a> this month.<\/p>\n

* Casinos like SLS that are heavily promoting their entertainment aren’t just looking at concert attendance as a single metric but part of a complex matrix<\/a> of revenue-driving factors. As entertainment exec Clinton Billups<\/strong> puts it,\u00a0\u201cWhen the casino brings in Artist X, we have to evaluate not just how many tickets were sold but key performance indicators: how many people signed up for the slot club; what was the impact on hotel occupancy; what was the impact on F&B; did we see a rise in attendance at the steakhouse prior to the concert.” Not only is the day of entertainment as a loss-leader dead, it’s expected to help drive profit in multi-pronged fashion. Demographically, you could call it the Ariana Grande<\/strong> Era.<\/p>\n

* Despite overwhelming support in the lower house of the Maine<\/strong> Legislature, a tribal-casino bill ran into a hard brick wall in the state Senate, going down to a 18-16 defeat. What killed it was senatorial concern that the casino — which could be sited in either Arostook County<\/strong> or Washington County<\/strong> — would siphon revenue from \"Willette\"<\/a>Maine’s two existing casinos rather than generate new traffic. (Two Maine tribes currently receive a subsidy drawn from private-sector casino taxes.)<\/p>\n

Not everyone was of a negative disposition, with some arguing that a tribal casino would open up the Canadian market.\u00a0“Would a potential Maliseet<\/strong> tribal casino in Houlton<\/strong> be the panacea, the cure-all or the single restorative effort, for the region’s economic recovery? No, but it’s a shot in the arm,” argued proponent Sen. Mike Willette<\/strong> (R, above<\/em>). However, unless he and his allies can flip two votes in the Senate, the issue’s moot until the next legislative session.<\/p>\n","protected":false},"excerpt":{"rendered":"

Are executives at Penn National Gaming getting high on their own supply … of slot machines, that is? The industry’s desired average for slots is $200 but Penn is predicting a sky-high $500\/slot\/day at Plainridge Park, which opens tomorrow, inaugurating … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,147,112,69,33,90,195,9,20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/16256"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=16256"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/16256\/revisions"}],"predecessor-version":[{"id":16258,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/16256\/revisions\/16258"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=16256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=16256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=16256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}