Category Archives: World Series of Poker

It’s official: Las Vegas Raiders; Crime on the Strip

NFL Commissioner Roger Goodell having slammed the door on Oakland, we’re going to have to follow Adam Schefter‘s lead and get used to saying “Las Vegas Raiders.” Needless to say, this is a huge coup for Sin City, all the bigger … Continue reading

Posted in Current, Geoff Freeman, Harrah's, Law enforcement, MGM Mirage, Sheldon Adelson, Sports, The Strip, World Series of Poker | Leave a comment

Round One to Adelson; Berman honored; Atlantic City winning in polls

Sands China has been getting mad props for its handling of the Parisian rollout last week. Compared to Wynn Palace‘s “passive” approach to the market (and despite a hailstorm of upbeat verbiage from Steve Wynn), analyst Christopher Jones wrote, “The awareness … Continue reading

Posted in Atlantic City, Carl Icahn, Election, Harrah's, history, International, Lyle Berman, Macau, Marketing, Melco Crown Entertainment, Mississippi, Nevada, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street, World Series of Poker | 1 Comment

Kansas gets down to brass tacks; Lindsey Graham, man of mystery

After years of waiting, the fate of Kansas‘ seemingly unwanted fourth casino license, long in abeyance came down to three-and-a-half hours of presentations by a trio of rival bidders. The Kansas Lottery Gaming Facilities Review Board will make its choice by … Continue reading

Posted in Internet gambling, Kansas, New York, Palms, Phil Ruffin, Politics, Regulation, Sheldon Adelson, Taxes, Tribal, World Series of Poker | Leave a comment

Paradox in Maryland; Otter saves “instant racing”

While its competitors dealt with a variety of revenue declines, despite posting a record amount of revenue, Horseshoe Baltimore was up in March, grossing a best-yet $25 million. On a statewide basis, revenue was 17% higher last month. However, casinos … Continue reading

Posted in Cordish Co., GTECH, Harrah's, Horseracing, Idaho, IGT, Maryland, Penn National, Racinos, Regulation, Reno, Tribal, World Series of Poker | Leave a comment

Dr. Loveman’s voodoo; Reid hangs it up

Despite having wrought havoc upon Caesars Entertainment, Chairman Gary Loveman — looking alarmingly puffy and ill — manages to still find himself taken seriously as a talking head. He gave CNBC a dosage of his usual spin-doctoring. This includes one … Continue reading

Posted in Atlantic City, Cordish Co., Geoff Freeman, Harrah's, Harry Reid, history, Japan, Maryland, Pennsylvania, Politics, TV, World Series of Poker | Leave a comment

Caesars foe now its BFF; Suffolk Downs returns

Considering that it is the owner of Caesars Interactive and WSOP.com, one would hardly expect Caesars Entertainment to welcome PokerStars back to the U.S. market. But that is precisely what it has done, proclaiming that “we need to focus on where … Continue reading

Posted in Atlantic City, California, Harrah's, Horseracing, Internet gambling, Kentucky, Massachusetts, New York, Pennsylvania, PokerStars, Politics, Regulation, Sheldon Adelson, Tribal, World Series of Poker | 2 Comments

Celebrity Caesars investors get clipped

As the opposing sides entrench for an acrimonious battle over the assets of Caesars Entertainment, a few early losers are emerging. Unsecured creditor Robert DeNiro‘s Nobu in Caesars Palace is owed $459,964 and loud-mouthed chef Gordon Ramsay can yell all he … Continue reading

Posted in Atlantic City, Boyd Gaming, Charity, Dining, Harrah's, Internet gambling, New York, Reno, The Strip, Tourism, Transportation, World Series of Poker | Leave a comment

Loveman’s credit capers; Green shoots in flyover country

Reorganization of Caesars Entertainment promises to continue to provide drama. UMB Bank threw red meat on the barbeque with a lawsuit that charged Apollo Management and Texas Pacific Group with having “thoroughly ransacked CEOC in a sweeping and now transparent plan … Continue reading

Posted in Atlantic City, Boyd Gaming, Economy, Harrah's, Isle of Capri, Louisiana, Maryland, Ohio, Penn National, Pinnacle Entertainment, Regulation, The Strip, Tilman Fertitta, Wall Street, World Series of Poker | 6 Comments

Caesars: How do they do it?

This just in: Working with “key senior creditors,” Caesars Entertainment Operating Co. is reported to be arranging a prepackaged bankruptcy, with a target date of Jan. 14. How does Gary Loveman keep his job? If he were a cat, he’d … Continue reading

Posted in Atlantic City, Economy, Harrah's, Macau, Ohio, Regulation, The Strip, Wall Street, World Series of Poker | Leave a comment

Caesars wins times two

Congratulations are in order twice over for Caesars Entertainment. The company is towering over its competitors in the social-gaming sphere, according to Eilers Research. While Zynga still rules Facebook and DoubleDown Casino has thrown a lifeline to International Game Technology, … Continue reading

Posted in Bally Technologies, Detroit, Entertainment, Environment, Harrah's, IGT, Internet gambling, Maryland, MGM Mirage, World Series of Poker | Leave a comment

Adelson vs. Loveman: Splitting the difference

“One of the things I’ve learned in this industry is we are extraordinarily competent at shooting at one another.” So said American Gaming Association President Geoff Freeman after getting caught in the crossfire over Internet gambling. So, as the industry … Continue reading

Posted in Geoff Freeman, Hard Rock Hotel, Harrah's, Internet gambling, Macau, Politics, Sheldon Adelson, Technology, The Strip, Warner Gaming, World Series of Poker | 1 Comment

Shamelessness at Suffolk Downs

In a ludicrous reversal, the owners of Suffolk Downs offered to end horseracing at the track if the Massachusetts Gaming Commission would, pretty please with cream on top, give them a casino license. Up to that point, Suffolk Downs has … Continue reading

Posted in Atlantic City, Boyd Gaming, California, Cretins, Horseracing, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Vdara Death Ray, World Series of Poker | Leave a comment

Big coup for Lumiere; Where next, Vegas?

And Caesars Entertainment‘s March stop on the World Series of Poker is … Lumiere Place?!?!? Yes, a marquee Caesars attraction is being held on Tropicana Entertainment property. The reason is twofold. One, Horseshoe Cleveland isn’t big enough to handle the … Continue reading

Posted in Current, Detroit, Harrah's, Marketing, Missouri, Ohio, Penn National, Station Casinos, Technology, Tropicana Entertainment, World Series of Poker | Leave a comment

Election Special: No surprise in New York, big surprise in Massachusetts

Massachusetts may not be ready for casino gambling (unless Steve Wynn is building it). Voters said no and again no yesterday, in a series of referendums. Mohegan Sun is — quite understandably — asking for a recount. Its casino proposal … Continue reading

Posted in Atlantic City, Current, Election, Foxwoods, Massachusetts, MGM Mirage, Mohegan Sun, New York, Politics, Regulation, Steve Wynn, World Series of Poker | 2 Comments

Caesars: Borrowing time

“Caesars Entertainment Corporation (CZR) is a highly overvalued gaming, hotel, and entertainment company with deteriorating fundamentals on all levels in a highly competitive environment.” — Aaron Zander, Seeking Alpha. It’s that moment we’ve all been waiting for, the one where … Continue reading

Posted in International, Massachusetts, New York, Taxes, Wall Street, World Series of Poker | Leave a comment

Penn: Start making sense!; Casinos clean up in Lege

Casinos in Ohio have not been living up to revenue expectations. Given such a fallow market, what has Penn National Gaming decided to do? Break ground on two racinos, of course! One is in the Dayton area, the other — … Continue reading

Posted in Boyd Gaming, Current, Dan Gilbert, Economy, Harrah's, Internet gambling, Macau, MGM Mirage, MTR Gaming, Neil Bluhm, Ohio, Penn National, Politics, Racinos, Sheldon Adelson, Slot routes, Stanley Ho, Station Casinos, World Series of Poker | 1 Comment

Pinnacle: The cost of the deal

Pinnacle Entertainment finds itself in an interesting pickle today: It’s awfully far into its Federal Trade Commission-blocked purchase of Ameristar Casinos to blow it up by, say, selling three or more Ameristar properties or otherwise triggering a fallout. And if … Continue reading

Posted in Ameristar, CityCenter, Current, Harrah's, Internet gambling, Louisiana, Macau, Melco Crown Entertainment, MGM Mirage, Missouri, Penn National, Regulation, Sheldon Adelson, Vdara Death Ray, Wall Street, World Series of Poker | Leave a comment

One pig, slightly perfumed; Loveman’s fire sale

Having waited too long and spent too much to ever get around to his long-rumored teardown of the Imperial Palace, the CEO/CFO/COB and prexy of Caesars Entertainment, one Gary Loveman, now finds himself perfuming a pig. Despite having more brand … Continue reading

Posted in Architecture, Florida, Hard Rock Hotel, history, Internet gambling, Iowa, Macau, Maryland, Massachusetts, Mississippi, Ohio, Racinos, Reno, The Strip, Wall Street, World Series of Poker | 3 Comments

Emperor Loveman’s new clothes

When I said a Caesars Entertainment bankruptcy was a matter of when, not if, little idea did I have how soon that might be. Earlier this week, Fitch Ratings Service lowered Caesars’ bond rating to “negative,” a veritable kiss of … Continue reading

Posted in Current, Dan Gilbert, Harrah's, International, Internet gambling, Massachusetts, Ohio, Pennsylvania, Racinos, Taxes, The Strip, Wall Street, World Series of Poker | 7 Comments

Ides of March: Caesars, MGM, Wynn court Wall Street

Evidently J.P. Morgan‘s Gaming, Lodging & Leisure Management Access Forum, being held this week at Wynncore, isn’t sufficiently important to merit the attendance of Big Gaming’s CEOs. If Steve Wynn couldn’t make the stroll from his office to Encore’s meeting … Continue reading

Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Current, Detroit, Economy, Encore, Entertainment, Harrah's, Illinois, Internet gambling, Macau, Marketing, Maryland, Massachusetts, MGM Mirage, Neil Bluhm, Ohio, Politics, Regulation, Sheldon Adelson, Stanley Ho, Steve Wynn, Technology, The Strip, Tourism, Wall Street, World Series of Poker | 3 Comments