Category Archives: Australia

Trump’s Vegas Castle?; Florida Lege speaks with forked tongue

Just a few months ago, the idea of a Donald Trump-branded casino on the Las Vegas Strip would have seemed like a joke. Trump’s brand equity in gaming had dwindled to zilch and the man himself was out of gaming … Continue reading

Posted in Australia, Donald Trump, Economy, Florida, Internet gambling, Macau, Mississippi, Phil Ruffin, Politics, Racinos, Seminole Tribe, The Strip, Transportation | Leave a comment

Cool breeze in Singapore; Pennsylvania gets on the sports-betting bandwagon

It seems more unlikely than ever that Singapore will issue casino concessions after gaming revenues laid an egg in 1Q-3Q/16. For the full year, tourism to Singapore reached record heights, but receipts for “sightseeing, entertainment and gaming” dropped 16% in the … Continue reading

Posted in Australia, Dining, Donald Trump, Foxwoods, Idaho, International, James Packer, Law enforcement, Massachusetts, MGM Mirage, Mohegan Sun, Pennsylvania, Politics, Singapore, South Korea, Sports, The Crown 18, Tribal | Leave a comment

Ideas plentiful, funding scarce

Maybe the third try will be the charm. Australian entrepreneur Josh Kearney has announced an $800 million, extreme-sports-themed resort, to arise just northeast of Town Square Mall (built on the grave of the troubled Vacation Village Casino). The Edge, as … Continue reading

Posted in Australia, Economy, history, International, James Packer, Law enforcement, Lucky Dragon, Macau, Steve Wynn, The Crown 18, The Strip, Tribal, Wall Street, Wisconsin | Leave a comment

Running the tables in Pennsylvania; MGM woos Georgia (again)

Due to Pennsylvania‘s quirky habit of releasing slot and table game revenue numbers in staggered fashion, we don’t often comment on Keystone State gambling revenues. Fortunately, the Center for Gaming Research at UNLV consolidates the information into one handy-dandy report. … Continue reading

Posted in Architecture, Aristocrat, Australia, Cosmopolitan, Economy, Eldorado Resorts, Georgia, GLPI, Greenwood Racing, Harrah's, Hooters, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Slot routes, SLS Las Vegas, Taxes, The Strip, Tourism, Transportation | Leave a comment

Crisis mode in Pennsylvania; Hard Rock unifies the brand

Although Pennsylvania lawmakers theoretically have three months to amend an “incredibly complex” state law that directs casino revenue to host cities and counties, the grim reality is that the Lege has only eight session days in which to get it … Continue reading

Posted in Australia, Charity, Eldorado Resorts, Florida, G2E, Greenwood Racing, Hard Rock Hotel, Hard Rock International, International, Macau, Pennsylvania, Politics, Seminole Tribe, Sheldon Adelson, Steve Wynn, Taxes, Technology, TV, Wall Street | Leave a comment

New obstacle for Icahn; Macao’s loss is Packer’s gain

Could Carl Icahn‘s real plan for Trump Taj Mahal be to close it on Oct. 10, then reopen it as a scab property? Not if state Sen. James Whelan (D) has anything to say about it. He’s advancing a bill … Continue reading

Posted in Atlantic City, Australia, Carl Icahn, Glenn Straub, James Packer, Lawrence Ho, Macau, Tribal, Tropicana Entertainment, Unite-Here, Wisconsin | 1 Comment

Analysts not sold yet on Macao recovery; Soggy month for Louisiana

They came, they saw, they were unconvinced. “The re-affirmation that mass is improving was pronounced,” reported Deutsche Bank analyst Carlo Santarelli, adding that projections were all over the place. “We get the sense that expectations remain low with respect to … Continue reading

Posted in Australia, Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, Galaxy Entertainment, GLPI, Harrah's, Isle of Capri, Louisiana, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, South Korea, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Wall Street | Leave a comment

Packer in a pickle?; Adelson speaks, R-J listens; Big casino sale in Philippines

We haven’t been able to confirm for certain whether or not James Packer‘s latest attempt to conquer Las Vegas, the casino-resort Alon, is definitely kaput. It definitely hasn’t evolved beyond some exquisitely vague, bare-bones documents filed with Clark County. However, we … Continue reading

Posted in Australia, Environment, International, Internet gambling, Iowa, James Packer, MGM Mirage, Mississippi, Philippines, Problem gambling, Regulation, Sheldon Adelson, Sports, Taxes, The Strip, Tilman Fertitta, Tribal | Leave a comment

Cold comfort for Wynn; Nebraska racino initiative crashes and burns

As Wynn Resorts predicted in its last earnings call, it will get more table games from the Macao government after Wynn Palace opens … 50 tables, phased in over two years. That’s a pretty mingy allocation but is in line … Continue reading

Posted in Australia, Downtown, Election, Law enforcement, Macau, MGM Mirage, Nebraska, Philippines, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Technology, Wall Street | 1 Comment

Isaacs moves on; 50 years of Laughlin

Gavin Isaacs will be taking it easy, the CEO of Scientific Games is moving up to vice chairman, his CEO’s chair to be filled by former Norwegian Cruise Line executive Kevin M. Sheehan. If anybody’s earned the right to take … Continue reading

Posted in Aristocrat, Australia, Bally Technologies, Boyd Gaming, Cannery Casino Resorts, Harrah's, history, Illinois, Laughlin, Macau, Melco Crown Entertainment, North Las Vegas, Philippines, Scientific Games, Sheldon Adelson, Shuffle Master, Slot routes, Steve Wynn | Leave a comment

Steve Wynn cuts room rates; What kind of slot would *you* play?

Wynn Palace is still a few weeks away from opening but it’s already sending mixed signals, in terms of its room rates. Midweek, rooms are listing for $243, down from $256 a night. However, Saturday-night rates have been boosted from … Continue reading

Posted in Atlantic City, Australia, IGT, Macau, Sheldon Adelson, Steve Wynn, Technology, Wall Street | 1 Comment

Nevada’s oldest casino turns 85; Flynt doubles down on Lucky Lady

Contrary to the impression of many, yours truly included, the oldest operating casino in Nevada isn’t the Golden Gate but the 85-year-old Railroad Pass, just outside of Boulder City. It even still has its original vault. New owner Joe DeSimone … Continue reading

Posted in Australia, Boulder Strip, California, Entertainment, Galaxy Entertainment, history, International, Macau, Marketing, MGM Mirage, Technology, The Strip | Leave a comment

Quote of the Day

“My sense is that they are likely to be quite dangerous devices and they’re certainly not the kind of thing that’s going to attract your high-rollers and exotic gamblers. James Packer is not going to drop into Canberra Casino in … Continue reading

Posted in Australia, James Packer, Technology | Leave a comment

The perils of Packer; Straub misses deadline

There’s been another hiccup in the Alon saga, as billionaire James Packer is restructuring his Crown Resorts portfolio “to shield his Australian assets from a prolonged downturn in the Chinese gambling hub” of Macao, according to Bloomberg. Packer’s share of … Continue reading

Posted in Atlantic City, Australia, Glenn Straub, International, Internet gambling, James Packer, Law enforcement, Massachusetts, Melco Crown Entertainment, Penn National, Revel | Leave a comment

Macao junketeers left holding the bag; Lionel Richie wows the ladies

We could see another shakeout in Macao junket operators. According to Daiwa Securities Group, most of the industry is “struggling just to break even.” Part of that problem is that they’re carrying almost $3,9 billion in bad debt — and you … Continue reading

Posted in Australia, Economy, Entertainment, Foxwoods, International, Macau, Marketing, Melco Crown Entertainment, Mohegan Sun, Penn National, Planet Hollywood, Regulation, Sheldon Adelson, South Dakota, Sports, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | Leave a comment

Lobbyists win in Atlantic City fight; Untimely reprimand for Bluhm

As Atlantic City fights to maintain its monopoly on casino gambling in New Jersey, it’s getting a lot of help from casino companies themselves — and lobbyists are making out like bandits. The biggest spender to date has been Caesars … Continue reading

Posted in Atlantic City, Australia, Boyd Gaming, Downtown, Election, Entertainment, Genting, Greenwood Racing, Harrah's, Illinois, LVCVA, Massachusetts, MGM Mirage, Neil Bluhm, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Singapore, Tourism, Transportation, Tribal | Leave a comment

Secrecy prevails in Nevada; Doubletalk Down Under

In a step backward for public transparency, the Nevada Gaming Commission has decreed that privately held casinos no longer have to disclose their financial performance. Not only will this spare SLS Las Vegas the embarrassments that are its quarterly reports, … Continue reading

Posted in Australia, Charity, Cosmopolitan, Culinary Union, Harrah's, Phil Ruffin, Problem gambling, Regulation, SLS Las Vegas, The Strip, Wall Street | Leave a comment

Tracks questionable in Kansas, safe in West Virginia

“Wouldn’t we just be taking money from [Kansas Star Casino] and moving it to Mr. Ruffin’s pockets?” So asked state Rep. Mark Kahrs (R) of a controversial bill to permit a Sedgwick County vote on whether to convert Phil Ruffin‘s Wichita … Continue reading

Posted in Animals, Australia, Boyd Gaming, Election, Kansas, MGM Mirage, New Hampshire, Phil Ruffin, Politics, Racinos, Slot routes, Taxes, The Strip, Tourism, West Virginia | Leave a comment

Crystals sold; Struggles in California

This morning, Real Estate Alert published a story saying that MGM Resorts International and Dubai World had liquidated Crystals, the high-end retail mall at CityCenter, to Simon Property Partnership. The transaction was valued at $1.1 billion and change, which means … Continue reading

Posted in Australia, California, CityCenter, Dubai, Horseracing, Internet gambling, MGM Mirage, Regulation, Technology, The Strip, Tribal, Wall Street | Leave a comment

Christie’s bum rap; New partner for Packer?; Casino chicanery in Maine

“The people involved in this, if you took a thimble and put their knowledge of Atlantic City in it, it wouldn’t fill it,” says Thomas Carver, former policy czar for the resort town, who lost his job when he displeased … Continue reading

Posted in Atlantic City, Australia, Cosmopolitan, Economy, Election, Internet gambling, James Packer, Maine, Melco Crown Entertainment, New Hampshire, Penn National, Politics, Racinos, Revel, Taxes, The Strip | Leave a comment