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Category Archives: South Carolina
Adelson’s Capitol Hill puppet show
Rep. Jason Chaffetz (R) held another kangaroo court on Internet gambling and was in his best Sheldon Adelson-like Luddite form, scoffing at geofencing software. “It’s naive at best to think you can put a wall on the Internet,” said the willfully ignorant … Continue reading
Posted in Atlantic City, Cretins, Delaware, Harrah's, Internet gambling, Iowa, Law enforcement, Macau, Politics, Regulation, Sheldon Adelson, South Carolina, Technology
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Well done, Horseshoe; Hard Rock gets hacked
Last week, Horseshoe Baltimore found itself a sitting duck during the civil disturbances that followed the death of Freddy Gray. With police imposing a 10 p.m.-5 a.m. curfew, Horseshoe had no choice but to curtail its operating hours, closing at 9 … Continue reading
Posted in Cordish Co., Dan Gilbert, Georgia, Hard Rock International, Harrah's, Maryland, MGM Mirage, South Carolina, Warner Gaming
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Murren takes sanguine view; Straub’s struggles
With MGM Resorts International having rejected one REIT proposal, in part because it relied too much on asset sales, Union Gaming is teeing up another. It’s not providing specifics but says it would provide “additional financial flexibility without the disruption of … Continue reading
Posted in Atlantic City, Boyd Gaming, Glenn Straub, Harrah's, Internet gambling, Japan, Macau, MGM Mirage, Politics, Revel, Sheldon Adelson, South Carolina, Sports, Technology, Transportation, Wall Street
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Election Special: What’s at stake; Fire sale at Trump
We know the big enchilada is Massachusetts, where repeal of the state’s casino law is on the ballot. It looks like it’s going to lose big-time, but anti-gambling sentiment runs deep in parts of the state. We’ve already been over … Continue reading
Strange doings in Alabama
Continuing its persecution of the Poarch Creek Band of Indians, the State of Alabama is taking them to federal appeals court. And it looks like state Attorney General Luther Strange might have a leg to stand on. He’s citing the … Continue reading
Posted in Alabama, Kansas, Oklahoma, Regulation, South Carolina, Tribal
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Adelson winning one-sided war
If it appears that Sheldon Adelson is rolling to victory in his jihad against Internet gambling, it’s primarily because his opposition has gone belly-up. First, MGM Resorts International CEO Jim Murren called the battle “a fight we cannot win,” then … Continue reading
Posted in California, Florida, Geoff Freeman, Harrah's, Indiana, International, Internet gambling, MGM Mirage, Politics, Sheldon Adelson, South Carolina, Texas, Tribal
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Loveman utters heresy; Adelson’s sock-puppet theatre
Buried deep in Caesars Entertainments ‘s 1Q14 earnings call was this bombshell from CEO Gary Loveman: “We are looking at all of our options to reduce the cost of doing business here. All the businesses in [Atlantic City] are under tremendous pressure.” That’s … Continue reading
Posted in Atlantic City, Cretins, Economy, Florida, Harrah's, Indiana, Louisiana, New Hampshire, Politics, South Carolina, Texas, Wall Street
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Tropicana Bethlehem?; One acre and a casino
Las Vegas Sands‘ waving of the white flag over its Sands Bethlehem casino may have finally yielded a buyer. Having stated publicly, however, that $1 billion was the asking price may have limited Sands flexibility to negotiate (not to mention … Continue reading
What’s “incidental” & other Case Bets
When the Clark County Commission went out of its way to define “tavern gaming” in 2011, it went into all sorts of minutiae about kitchens and such. But it neglected to address the elephant in the room: How much gambling … Continue reading
The long arm of the law
According to a story broken by Reuters, U.S. officials are going to put the onus on casinos to verify where high rollers’ funds are coming from. It could take at least for FinCEN to develop this new law, “likely to … Continue reading
Palmetto State stalemate; Wynn strikes again
Back in 2005, the State of South Carolina, bowing to the inevitable, legalized cruise-to-nowhere gambling ships that operate out of Palmetto State ports. Now the Catwaba Indian Nation hopes to leverage that legislation into VLTs for itself. The state says … Continue reading
Posted in Atlantic City, Churchill Downs, Harrah's, Horseracing, Internet gambling, Kentucky, South Carolina, The Strip, Tribal
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Singapore: Many called, two chosen; Tunica catches a break
VIP junket operators are coming to Singapore, J.P. Morgan stock analysts reported. Actually, they’re already there in the form of “shadow junkets,” according to Singaporean media. And if Las Vegas Sands or Genting Berhad are knowingly dealing with illegal junketeers, … Continue reading
“Luck” you!; A new gaming bonanza?
Last week, Mandalay Bay hosted an advance screening of the pilot episode of Luck, which debuted on HBO last night. If it was hard to follow on the ginormous MBay screen, I cannot imagine how impenetrable it seemed on a … Continue reading
Posted in Ameristar, California, Horseracing, Kansas, Maine, Missouri, Ohio, Pinnacle Entertainment, Problem gambling, Racinos, South Carolina, Taxes, Tribal, TV
5 Comments
Dear Floridians …; Mission unfinished; Blue skies
Sarah Palin says, “vote for Newt, annoy a liberal, vote Newt.” I say, “Vote Newt, please, because the concurrent stream of Sheldon Adelson stories is a blogger’s dream come true. Keep that gravy train going!” (Besides, it’s had the side … Continue reading
Gilbert’s Dixie deal; Linq begins; Musical chairs at Penn
Dan Gilbert‘s descent upon the Baltimore market, in tandem with Caesars Entertainment, isn’t exactly news but the revelation that it will operate under the Harrah’s imprimatur (relegated to tertiary status by Caesars CEO Gary Loveman) certainly is. Gilbert’s undergraduate career … Continue reading
Posted in Current, Genting, Harrah's, M Resort, Maryland, Neil Bluhm, New York, Penn National, Pennsylvania, Racinos, Regulation, Sheldon Adelson, South Carolina, The Strip, Tourism, Tribal
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Another domino wobbles; Western, R.I.P.; Fighting over pocket change?
Add South Carolina to the list of states that could be suddenly taking a more favorable view of casino gambling. What the United Keetowa Band of Cherokee Indians is pitching have to be compacted with Gov. Nikki Haley (R, right). … Continue reading
Posted in Atlantic City, California, Downtown, history, Internet gambling, Iowa, Kansas, Missouri, Ohio, Penn National, Politics, Regulation, South Carolina, Tamares Group, Tribal
2 Comments
Adelson: Whining our future; The online deluge
Apparently there’s no avoiding what has become the story of the day: Sheldon Adelson‘s $5 million dowry to presidential aspirant Newt Gingrich. It’s a gift that comes with a substantial pre-nup; if Gingrich falters in South Carolina, American Crossroads and … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Boyd Gaming, Colony Capital, Current, Economy, Election, Florida, George Maloof, Harrah's, Harry Reid, Hooters, International, Internet gambling, Marketing, Massachusetts, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, South Carolina, The Strip, Wall Street
4 Comments
Quote of the Day
“In terms of the fear, the worry, and the emotional turmoil that comes with being a defendant in a lawsuit, I expect you will shortly get to experience that yourself.” — plaintiff’s attorney J. Todd Kincannon, opening a can of … Continue reading
Posted in Cretins, Current, history, South Carolina
5 Comments
Another one bites the dust
Whoever gets the three resort casinos that Gov. Deval Patrick (D) wants to bring to Massachusetts, it probably won’t be Fall River and it certainly won’t be the Mashpee Wampanoags. The city has pulled a controversial land deal with the … Continue reading
Party Pooper of the Year
It seems that 2009 can’t slink quietly away without one more Bible Belt prude attempting to rain on gamblers’ parade. The spoilsport in question is South Carolina Attorney General Henry McMaster, who is appealing a ruling that poker is more … Continue reading
Posted in Cretins, Politics, Regulation, South Carolina
1 Comment