Category Archives: Genting

Conservatives diss Adelson; Penn loses court battle

If Attorney General Jeff Sessions goes ahead with a ban on Internet gambling, he could be in for a world of hurt. Never mind the states with online casinos. He’d be messing with the states that have online lotteries, a … Continue reading

Posted in Charity, Donald Trump, Florida, Genting, Internet gambling, Iowa, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Taxes | 1 Comment

Big bounce in Louisiana; Poker and booze go better together

Compared with a flood-plagued March of 2015, business was booming  at Louisiana casinos, up 10%, especially Baton Rouge (+20.5%), although New Orleans was flat. JP Morgan analyst Joseph Greff is predicting less salubrious results in April, blaming the Easter Bunny, among … Continue reading

Posted in Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, Foxwoods, Genting, GLPI, Harrah's, IGT, Internet gambling, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Regulation, South Korea, Taxes, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment, Wall Street | Leave a comment

Saturation in Ohio; Japan: Go big or go home

Ohio Gov. John Kasich (R) leveled the playing field when he allowed third-party racinos to join the juiced-in Penn National Gaming and Caesars Entertainment casinos in the Buckeye State. The question now is how level a playing field is a … Continue reading

Posted in Detroit, Economy, Genting, GLPI, Hard Rock International, Harrah's, International, Internet gambling, Iowa, Japan, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Technology, Wall Street | Leave a comment

Trump’s Amman Castle?; Wynn goes 0-for-2

Gambling is illegal in Jordan but that doesn’t stop Donald Trump. The new president’s company has renewed the trademark for a Jordanian casino. This won’t play well with religious hawks in the Hashemite kingdom, who went into full cry when … Continue reading

Posted in Donald Trump, Genting, Glenn Straub, International, Internet gambling, Japan, Macau, Revel, Steve Wynn, The Strip | Leave a comment

Caesars’ highway robbery; Good news for problem gamblers

What do you do when you’ve just lost $435 million? Bust out a new round of resort fees, of course! That’s Caesars Entertainment‘s answer. Keeping up with the Joneses on the Las Vegas Strip, Caesars will implement two tiers of … Continue reading

Posted in Foxwoods, Genting, Harrah's, Japan, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street | Leave a comment

What the Lucky Dragon means; National Harbor lifts all boats

The good Dr. David G. Schwartz ponders the significance of Lucky Dragon Casino and begins with one salient milestone: “Lucky Dragon is the first genuinely new property to open in the tourist corridor since The Cosmopolitan six years ago.” That’s … Continue reading

Posted in Architecture, Cosmopolitan, Donald Trump, Genting, Harrah's, history, Internet gambling, Japan, Lucky Dragon, Marketing, Maryland, MGM Mirage, Nevada, Politics, Problem gambling, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism, Wall Street | Leave a comment

Trump Taj saves Atlantic City; Barrack resurfaces; Visiting Memory Lane

When we rounded up Atlantic City gaming numbers yesterday, we didn’t get into market-adjusted comparisons and thus buried the lead. The Boardwalk’s surviving casinos saw, on average, a 6% increase in gaming revenue, thanks to the Oct. 10 closing of … Continue reading

Posted in Arizona, Atlantic City, Carl Icahn, Cirque du Soleil, Colony Capital, Donald Trump, Economy, Entertainment, Genting, history, Internet gambling, Japan, Law enforcement, Louisiana, Macau, Maryland, Mississippi, Ohio, PokerStars, Regulation, Revel, Sahara, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, West Virginia, Wisconsin | 1 Comment

Japan: Another failure; Reading the Trump tea leaves

According to Morgan Stanley analysts, the chances of pro-casino legislation passing in Japan this year are “quite low.” Yes, Prime Minister Shinzo Abe has booted the ball yet again. His big push [sic] to bring casinos to the Land of … Continue reading

Posted in Architecture, California, Delaware, Donald Trump, Florida, Genting, Internet gambling, James Packer, Japan, Law enforcement, Macau, MGM Mirage, Nevada, Politics, Sheldon Adelson, Singapore, South Korea, Station Casinos, Tourism, Tribal | Leave a comment

MGM hearts Japan; Atlantic City aims for total victory

According to Reuters, if casinos are legalized in Japan, then MGM Resorts International would be willing to build the world’s second $9.5 billion megaresort. (Las Vegas Sands has already brandished $10 billion.) That’s leading with your chin. However, MGM believes … Continue reading

Posted in Atlantic City, Election, Genting, Japan, Marketing, Massachusetts, MGM Mirage, Politics, Sheldon Adelson, South Korea, Station Casinos, Steve Wynn, Taxes, Tribal, Unite-Here | 1 Comment

What is “good faith”?; Landslide shaping up in New Jersey

Who broke the compact between the State of Florida and the Seminole Tribe? That question is at the nub of a bench trial over the Seminoles’ disputed blackjack games. A win for Gov. Rick Scott (R) could be Pyrrhic, costing … Continue reading

Posted in Atlantic City, Delaware, Election, Florida, Galaxy Entertainment, Genting, Hard Rock International, International, Internet gambling, Macau, Melco Crown Entertainment, Nevada, Racinos, Regulation, Seminole Tribe, Sheldon Adelson, The Mob, Tribal | Leave a comment

Sheldon’s new errand boy; Caesars: Let’s make a deal

Las Vegas Sands CEO Sheldon Adelson is known to be the Lady Bountiful of the 2016 election, showering promising senatorial candidates with cash. One such hopeful is Arkansas Sen. Tom Cotton (R), who has thrown a legislative Hail Mary, attempting … Continue reading

Posted in Atlantic City, Donald Trump, Election, G2E, Genting, GLPI, Harrah's, IGT, Illinois, Internet gambling, New York, Penn National, Politics, Sheldon Adelson, Slot routes, Technology, Unite-Here, Warner Gaming | Leave a comment

Rough justice for Adelson; Horseshoe Baltimore gains strength

In the end, the Macao government was scarcely more generous with Sheldon Adelson than it had been with Steve Wynn. Adelson’s Parisian Macao will open with 100 table games, get another 25 on New Year’s Day and 25 more a … Continue reading

Posted in Animals, Cordish Co., Genting, Harrah's, Macau, Maryland, MGM Mirage, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Taxes, The Strip, Tourism | 1 Comment

Hot July on the Strip; Alon: Stayin’ alive

Whales returned to the Strip with a vengeance in July, with baccarat play spurring a 17% revenue increase. The month was probably even bigger but, due to a peculiarity of Nevada casino accounting, slot revenues from the last weekend of … Continue reading

Posted in Boulder Strip, California, Downtown, Entertainment, Genting, International, James Packer, Lake Tahoe, Laughlin, Marketing, Mesquite, Michael Gaughan, Nevada, North Las Vegas, Reno, Scientific Games, Sports, Technology, The Strip, Tourism, Wall Street | Leave a comment

Wynn subtracting one golf course, adding another?; Resorts World Las Vegas postponed again

Although Steve Wynn remains bent upon tearing out Wynn Golf Club on the Strip — in favor of Wynn Paradise Park one day, an NFL stadium the next — he may be planning one for Wynn Boston Harbor. At least … Continue reading

Posted in Atlantic City, Economy, Election, Entertainment, Genting, Lucky Dragon, Macau, Massachusetts, Mississippi, New York, SLS Las Vegas, Steve Wynn, The Strip | 2 Comments

Loveman’s chickens come home to roost; Are casinos blowing off a $12 trillion demographic?

As cheap as it’s been lately, we hope you haven’t bought any Caesars Entertainment stock. Shares dropped 12% and kept falling right after Judge Benjamin Goldgar declined to extend protection of Caesars from creditor litigation any longer, which means that … Continue reading

Posted in Alabama, Boyd Gaming, Cannery Casino Resorts, Genting, Harrah's, International, Marketing, MGM Mirage, Station Casinos, Wall Street | Leave a comment

Lucky Dragon gets another step ahead; ETGs a hit at Sands Bethlehem

Lucky Dragon Casino is speeding to completion while Resorts Las Vegas and Alon can’t get out of the starting blocks. (Resorts World did Tweet that it had finished paving its parking garage, making it Las Vegas‘ most high-budgeted place to put … Continue reading

Posted in Affinity Gaming, Dining, Florida, Genting, Harrah's, International, Internet gambling, Lucky Dragon, Marketing, Nevada, Pennsylvania, Regulation, Sheldon Adelson, Taxes, Technology, Tourism, Tribal | 2 Comments

Atlantic City boosters gain momentum; Gamblit takes important step forward

New York State gaming forces are taking a more-than-disinterested view of the upcoming referendum on Atlantic City‘s monopoly on casino gambling in New Jersey. For instance, Genting Group, owner of Resorts World New York, is opposing the measure behind stalking … Continue reading

Posted in Affinity Gaming, Atlantic City, Election, Foxwoods, Genting, Massachusetts, Mohegan Sun, New York, Pennsylvania, Taxes, Technology, Tribal | Leave a comment

Mashpee casino blocked; Wynn: Doing more with less

Carcieri v. Salazar and the Indian Reorganization Act have come back to bite the Mashpee Wampanoag tribe in the hindquarters. U.S. District Judge William G. Young has ruled against a Taunton casino project, siding with the contention of a group … Continue reading

Posted in Boyd Gaming, Charity, Eldorado Resorts, Foxwoods, Genting, Harrah's, history, International, Internet gambling, Isle of Capri, Macau, Massachusetts, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Regulation, Steve Wynn, Taxes, Tilman Fertitta, Tribal | Leave a comment

Wynn Boston Harbor a ‘go’; Caesars’ big score

Depending on how peevish Somerville Mayor Joseph Curtatone is feeling, groundbreaking on Wynn Boston Harbor could be a week away. Wynn Resorts‘ acknowledgement of its latest victory contained just a hint of battle fatigue, saying the rejection of Curtatone’s arguments “hopefully … Continue reading

Posted in California, Dining, Environment, Florida, Genting, Harrah's, International, Internet gambling, Massachusetts, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Taxes, Tourism | Leave a comment

Israel moves toward casinos; West Virginia mulls ‘Net betting

We’ve been surprised that Sheldon Adelson isn’t overtly pushing for casinos in Israel, especially upon reading that the city of Eilat “smells and feels a little bit like a very small version of Vegas.” It’s well away from the rest … Continue reading

Posted in Genting, International, Internet gambling, Maryland, Massachusetts, MGM Mirage, Pennsylvania, Problem gambling, Tribal, West Virginia | Leave a comment