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- If you can’t beat ’em, cheat ’em; Fun & games
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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Bally’s opens, Chicago yawns; MGM, tree murderers
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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: MGM Mirage
Special Edition: Rumblings from around Big Gaming
Update: The Seminole Tribe has finally, grudgingly stopped taking sports bets, effective yesterday. At the risk of using the Seminole Tribe as a punching bag, we have to observe that it clearly doesn’t understanding the meaning of the word “no,” … Continue reading
Posted in AGA, Bally, Baseball, Caesars Entertainment, Conventions, Cordish Co., Cosmopolitan, DraftKings, Health, IGT, Law enforcement, Macau, Marketing, MGM Mirage, MGM Resorts International, Penn National, Pennsylvania, Real Estate, Regulation, Scientific Games, Seminole Tribe, Sports betting, The Strip
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Sisolak gets sick; Stanley Ho dies; Culinary discontent
Yesterday’s big announcement about casino reopenings was postponed and the off-the-cuff reaction must have been something like ‘Uh-oh. Coronavirus cases are up again.’ Not hardly. According to Gov. Steve Sisolak (D), “we continue to see a consistent and sustainable downward … Continue reading
Quote of the Day
“We need to take the issue seriously instead of avoiding it. We can’t let this big cake be eaten all by foreign capital.” — Phoenix Island Chairman Zeng Xianyun, advocating casino expansion to tourist-oriented Hainan Province, where MGM Resorts International has … Continue reading
Posted in Economy, International, MGM Mirage
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Trail of breadcrumbs; Survey says …
Waiting for “breadcrumbs to fall off the truck.” That’s Gaming & Leisure Properties‘ self-described business plan. GLPI execs, including CEO Peter Carlino (left), were in Las Vegas for Global Gaming Expo and took the opportunity to chat with J.P. Morgan … Continue reading
Posted in AGA, Cosmopolitan, Economy, Entertainment, GLPI, history, Las Vegas Sands, MGM Mirage, Penn National, Real Estate, The Strip, Tourism, Tribal, TV
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Churchill Downs’ bet pays off; Mob up at El Cortez
JP Morgan‘s Daniel Politzer expects Churchill Downs to be a winner thrice over in Illinois: first, a lower tax rate on table games, starting in 2020; second, a potential 800 additional gaming positions at Rivers Casino Des Plaines (which will … Continue reading
Posted in Churchill Downs, Downtown, El Cortez, Horseracing, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, New York, Politics, Racinos, Rush Street Gaming, Taxes, The Mob, Wall Street, Wynn Resorts
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Casinos, DFS wrangle in Massachusetts; Harrah’s wins in Louisiana
Debate over sports betting in Massachusetts has brought out a ruction between Boston-based DraftKings, representing the forces of online gambling, and brick-and-mortar casinos, which want to be the sole purveyors of Internet sports bets, with maybe five to seven ‘skins’ … Continue reading
Posted in Caesars Entertainment, Churchill Downs, DFS, Entertainment, Genting, Internet gambling, Las Vegas Sands, Law enforcement, Louisiana, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Phil Ruffin, Politics, Problem gambling, Rhode Island, Sports, Sports betting, Taxes, The Strip
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Puerto Rico grabs sport-betting lifeline; Hotel economy at peak power
If you’re Puerto Rico, still—still!—digging out from Hurricane Maria, to expect help from the U.S. government is like waiting for Godot. Except I’ll give odds that Mister Godot shows up first. Making necessity the mother of dire invention, Gov. Ricardo Rosselló … Continue reading
Posted in Caesars Entertainment, DFS, Economy, Genting, International, Las Vegas Sands, MGM Mirage, Singapore, Sports betting, Tourism, Wall Street
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Stevens’ acumen questioned; Deejay era on downturn
A report has surfaced questioning the financial viability of $800 million Circa (written back when it was still 18 Fremont). In what seems like a preliminary shot fired across Derek Stevens‘ bow by Unite-Here, it asserts ” the project is … Continue reading
The merger of mergers?; Hooters up for grabs
This morning Credit Suisse analyst Cameron McKnight reported that MGM Resorts International is “possibly” looking into a buyout of Caesars Entertainment, news that is certain to have a salutary effect on the latter’s stock price. What should be of more … Continue reading
Wild card; Parx gets one-finger salute
Move over sports books, here comes … Buffalo Wild Wings?!? Yes, the restaurant business known for its trivia games and spicy food wants to get into the sports-betting business. “As the largest sports bar in America, we believe Buffalo Wild Wings … Continue reading
Posted in Atlantic City, Bruce Deifik, DFS, Dining, Economy, Galaxy Entertainment, Greenwood Racing, Hard Rock International, International, Japan, Macau, MGM Mirage, Nevada, Pennsylvania, Société des Bains de Mer, South Korea, Sports betting, Technology, Tourism, West Virginia
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Big trouble in not-so-little China
In his latest column, gaming-law expert I. Nelson Rose contends that U.S.-owned casinos in Macao are on dangerous ground, caught in the cross-hairs of the U.S./China trade war. He begins by recapitulating China’s highly targeted retaliations, which make red states … Continue reading
Posted in Caesars Entertainment, Donald Trump, Genting, International, Las Vegas Sands, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip
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New era in Atlantic City
Atlantic City is already feeling the benefits from the double-barreled openings of Hard Rock Atlantic City and Ocean Resort. While June’s gambling revenues were up 1.5% on a same-store basis, add the newcomers and the increase is 5%. (Both casinos … Continue reading
MGM: Time to buy; Arkansas casinos one step closer
As of today, Hard Rock Rocksino, in Ohio, is official part of MGM Growth Properties. However, until MGP finds a new tenant, Hard Rock International will continue to run the place. It’s a win-win for Hard Rock and MGP. For … Continue reading
Posted in Arkansas, Atlantic City, Dining, Election, Genting, Hard Rock International, history, Las Vegas Sands, Macau, MGM Mirage, Mississippi, Ohio, The Strip, Wall Street
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Sheldon snuggles up to Commies; Elaine tests her clout
If toupée-collecting Sheldon Adelson were offered the chance to build Venetian Tehran he’d immediately become a peacenik regarding Iran, a country he lusts to nuke. Instead of making nice with mullahs, he’s doing the next best thing, warbling sweet nothings to Kim … Continue reading
Posted in Caesars Entertainment, Elaine Wynn, Galaxy Entertainment, history, Illinois, International, Las Vegas Sands, Macau, Massachusetts, MGM Mirage, Nevada, Planet Hollywood, Politics, Regulation, Sexual misconduct, Sheldon Adelson, South Korea, Sports, Steve Wynn, The Strip, Unite-Here, Wynn Resorts
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A tale of four states
Illinois‘ casino industry has never recovered from the Great Recession. We’ll never know if it would have done so but the inception of slot routes has basically nipped any recovery in the bud. As such, the Land of Lincoln will … Continue reading
Posted in Affinity Gaming, Ameristar, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Eldorado Resorts, Full House Resorts, GLPI, Illinois, Indiana, Majestic Star, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Slot routes, Tribal, Tropicana Entertainment, Wall Street
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I’ve got a historical horse right here, his name is Paul Revere
Damn the laws, full speed ahead: That’s the mentality of Illinois horse tracks as they push for ‘historical racing,’ VLTs where you can bet on the outcome of past races. The Illinois Racing Board voted it through unanimously. “We’re out of … Continue reading
Posted in Atlantic City, Bruce Deifik, Florida, Hard Rock International, Horseracing, Illinois, Indiana, Internet gambling, Kentucky, Law enforcement, Massachusetts, MGM Mirage, Politics, Racinos, Slot routes
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Big business in Maryland; Pricey New York-New York goof
The gap between the haves and have-nots in Maryland widened last month, as the state’s gaming revenue boomed 14% upward. The good news is that every casino had a revenue-positive month. MGM National Harbor, of course, led the pack, grossing $59 … Continue reading
Posted in California, Cordish Co., Culinary Union, Golden Gaming, Harrah's, Maryland, MGM Mirage, Penn National, The Strip, Tribal, West Virginia
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Vegas’ tourism slump halts; Do the Time Warp
Las Vegas city fathers need to stop frowning on Electronic Daisy Carnival and embrace it. EDC saved their bacon in May, stopping a prolonged slide in Vegas visitation, which bottomed out and made the slightest of upward bounces. While occupied … Continue reading
Posted in Arizona, Boulder Strip, Downtown, Entertainment, Florida, Lake Tahoe, Laughlin, Mandalay Bay Massacre, Mesquite, MGM Mirage, Nevada, North Las Vegas, Reno, The Strip, Tourism
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