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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: MGM Mirage
Atlantic City primed for openings; Tokenism at AGA
“Do I think the gaming market ever comes back to close to $6 billion in revenue? No. Not even close,” Hard Rock International CEO Jim Allen said of Atlantic City. “If a brand like Hard Rock fails in Atlantic City, the … Continue reading
Posted in Arizona, Atlantic City, Bruce Deifik, California, Carl Icahn, Donald Trump, Entertainment, Geoff Freeman, Hard Rock International, Harrah's, Las Vegas Sands, Marketing, MGM Mirage, New York, Pennsylvania, Revel, Rush Street Gaming, Sports, The Strip, Tribal, Trump Entertainment Resorts, Wall Street
4 Comments
D-Day for Ocean Resort near; MGM’s tax bonanza
Bruce Deifik really is a gambler: He bought Revel sight unseen, lead investor in the $200 million purchase. If Glenn Straub‘s bizarre interregnum as owner was a lesson in how not to behave in Atlantic City, Deifik has been a … Continue reading
Posted in Atlantic City, Bruce Deifik, e-sports, Glenn Straub, Harrah's, Louisiana, MGM Mirage, Nevada, Penn National, Politics, Revel, Sports, Taxes, Tribal, Tropicana Entertainment, Wall Street
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MGM labor pact approved; Juliano resurfaces
It’s unknown how much of a pay increase the Culinary Union extracted from MGM Resorts International but it was enough to persuade workers to ratify the new contract. As with the Caesars Entertainment pact, workers will be issued alarm buttons … Continue reading
Posted in Boyd Gaming, Culinary Union, Golden Gaming, Harrah's, Kansas, MGM Mirage, New York, Pennsylvania
1 Comment
Deluge at MBay; Adelson weighs Vietnam
It was back to business today at Mandalay Bay after a ruptured water main inundated the convention center. At first, a leak in Shark Reef Aquarium was feared before the actual breach, between the first and second floors, was isolated. … Continue reading
Posted in Arizona, Boyd Gaming, Donald Trump, Hard Rock Hotel, Hard Rock International, Law enforcement, MGM Mirage, Sheldon Adelson, Sports, The Strip, Tribal, Vietnam
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A sad day
The casino industry has lost Felix Rappaport, CEO of Foxwoods Resort Casino. The longtime industry veteran was taken from us while staying in a Foxwoods suite that he maintained while away from his family home in Las Vegas. This news … Continue reading
Posted in Current, Entertainment, Foxwoods, Geoff Freeman, history, MGM Mirage, Station Casinos, The Strip
1 Comment
Quote of the Day
“no comped drinks playing video poker @ a bar…people should be hurling Molotov cocktails back at them. the very essence of Las Vegas is being gobbled up by the bean counterz.” — message from a frequent casino-patronizing friend after reading … Continue reading
Posted in Current, MGM Mirage, The Strip
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Overexposed in Macao; Hard Rock firing on all cylinders
If you’re a Wynn Resorts shareholder and you’re following rising trade tensions with China, you’ve a right to be nervous. Wynn derives 69% of its revenue from Macao, giving a certain truth to Steve Wynn‘s old quote that “We’re really … Continue reading
Posted in Architecture, Atlantic City, Dining, Donald Trump, Economy, Florida, Hard Rock International, Harrah's, Japan, Lawrence Ho, Macau, MGM Mirage, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Sociedade de Jogos de Macau, Steve Wynn, The Strip, Wynn Resorts
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The Doctor is all-in; Morpheus a wake-up call
Sports betting is off and running at Borgata, having been inaugurated by Julius “Dr. J” Erving, who put down $5 on the Philadelphia Eagles to win a second straight Super Bowl. “I got a chance to look at the board … Continue reading
Posted in Architecture, Atlantic City, Internet gambling, Lawrence Ho, Macau, MGM Mirage, Racinos, Revel, Sports, Technology
Comments Off on The Doctor is all-in; Morpheus a wake-up call
Caesars agreement OK’d; New focus for Hard Rock
It’s official: Workers at Caesars Entertainment have approved a new collective-bargaining agreement, one that includes (unspecified) pay increases and a succession clause to protect jobs in the (unlikely) event Caesars sells its Las Vegas Strip properties to another operator. Details of … Continue reading
East Windsor, Take Two; MGM, Sands eat Ho’s lunch
“From the start, we pledged to create a world class facility that will be a draw for people throughout the entire region,” said Mashantucket Tribal Chairman Rodney Butler of the tribe’s satellite casino in East Windsor. Nice try, Mr. Chairman, … Continue reading
Posted in Architecture, Foxwoods, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Mississippi, Mohegan Sun, Problem gambling, Regulation, Sheldon Adelson, Tourism, Transportation, Tribal, TV
Comments Off on East Windsor, Take Two; MGM, Sands eat Ho’s lunch
Big day in New Jersey; Atlantic City slips
Sports betting in New Jersey will go off as planned. As I write this, Monmouth Park is 20 minutes away from taking its first wager, presumably placed on the World Cup by Gov. Phil Murphy (D). “I’m thrilled to be doing … Continue reading
New Jersey ready for action; Strip club upstages Hard Rock
New Jersey Gov. Phil Murphy (D) still plans to place his first sports wager at Monmouth Park tomorrow but Borgata is trying to crash the party. The megaresort issued a statement saying “we are moving ahead with all possible speed … Continue reading
Posted in Atlantic City, Delaware, Hard Rock International, Illinois, International, Internet gambling, Macau, Massachusetts, MGM Mirage, Mississippi, Nevada, Pennsylvania, Racinos, Sociedade de Jogos de Macau, Sports, Stanley Ho, Taxes, The Strip, Tilman Fertitta, Tourism, West Virginia, Wynn Resorts
1 Comment
Fertitta shut out; Gaming blogger shut down
A provision in New Jersey‘s sports-betting law is good news for MGM Resorts International and Caesars Entertainment, and bad news for Tilman Fertitta. The law bars owners of major-league teams from also offering sports betting. But a loophole exempts owners … Continue reading
Posted in Atlantic City, Harrah's, Illinois, Internet gambling, MGM Mirage, Slot routes, Sports, Technology, Tilman Fertitta
3 Comments
Churchill Downs hearts casinos; Cleveland still not rocking
Churchill Downs is going all-in on sports betting, planning to leverage its (soon-to-be) access to the Pennsylvania and Mississippi markets, plus its relationship with the Golden Nugget in Atlantic City. However, the sky-high tax rate (34%) in Pennsylvania may translate … Continue reading
Posted in Atlantic City, Churchill Downs, Dan Gilbert, Eldorado Resorts, GLPI, Hard Rock International, International, Kentucky, Law enforcement, Macau, MGM Mirage, Mississippi, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sociedade de Jogos de Macau, Sports, Taxes, Wall Street
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Delaware leads the way; Las Vegas tourism rebounds
A Delaware sports book took 36 bets in its first 20 minutes of operation yesterday, making it the first state outside Nevada to capitalize on the Supreme Court‘s recent legitimization of sports wagering. “In New York, we would go right to the … Continue reading
Posted in Atlantic City, Culinary Union, Delaware, Florida, Hard Rock International, Harrah's, MGM Mirage, Mississippi, Nevada, New York, Pennsylvania, Reno, Seminole Tribe, Sports, Taxes, The Strip, Tourism, Tribal, Wall Street, West Virginia
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Sports betting: Winners and losers; MGM mulls more Strip buys
According to gaming-law expert I. Nelson Rose, the Supreme Court‘s ruling on sports betting goes far, far beyond gambling: “For the first time in American history, the U.S. Supreme Court expressly held that the federal government cannot order states, or … Continue reading
Next stop, East Windsor
It appears that a clear path has opened for Mohegan Sun and Foxwoods Casino Resort to develop a satellite casino. The Hartford Courant reports that “The U.S. Department of the Interior is expected to publish a much-delayed notice Friday that … Continue reading
Posted in Foxwoods, Geoff Freeman, Internet gambling, MGM Mirage, Mohegan Sun, Politics, Regulation, Sports
1 Comment
Boyd downsizes on Boulder Strip; Freeman leaves AGA
Some of you may have wondered what Boyd Gaming was doing by owning two side-by-side casinos on the Boulder Strip — adding Eastside Cannery to Sam’s Town. The marketplace may have had some confusion, too. After all, locals do not … Continue reading
Caesars, MGM strikes averted
Yesterday the Culinary Union announced that a tentative pact had been reached with Caesars Entertainment, in the wee hours of Friday morning, the first such in the current round of labor talks on the Las Vegas Strip. “The historic new … Continue reading
Posted in Culinary Union, e-sports, Harrah's, Mandalay Bay Massacre, MGM Mirage, New York, Politics, Racinos, Regulation, Sexual misconduct, SLS Las Vegas, Sports, Steve Wynn, Taxes, The Strip, World Series of Poker, Wynn Resorts
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Macao disappoints Wall Street; Tribal troubles
Wall Street was expecting 18.5% gaming-revenue growth out of Macao last month. It got ‘only’ 12%, the Street not having taken an abbreviated Golden Week into account. Furthermore, the enclave had a hard act to follow, its revenue having vaulted … Continue reading
Posted in California, Dining, Economy, Foxwoods, Galaxy Entertainment, Genting, Iowa, Japan, Macau, MGM Mirage, Mohegan Sun, Nebraska, New York, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Tourism, Tribal, Wall Street
3 Comments