Category Archives: Mohegan Sun

Strip booms in October; Trouble in Tiverton

Not even a 16.5% decline in table wagers could hold back the Las Vegas Strip last month, as gaming revenues shot up 14%, to $563 million. Statewide, casinos didn’t do so badly either, up 11%. The one-armed bandits on the … Continue reading

Posted in Boulder Strip, Downtown, Economy, Foxwoods, history, Iowa, Japan, Lake Tahoe, Laughlin, Lucky Dragon, Macau, Massachusetts, Mesquite, Mohegan Sun, Nevada, North Las Vegas, Penn National, Rhode Island, Taxes, The Strip | 1 Comment

All right in Atlantic City; Trump: The Asia connection

Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Glenn Straub, Harrah's, International, Iowa, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Vietnam | 1 Comment

Atlantic City: Golden Nugget now tops; MGM’s holy rollers

There’s a new leader in Atlantic City‘s Internet-gambling arena. Not PokerStars over at Resorts Digital. They’re still in last place. No, grabbing 24.5% of market share, Golden Nugget now heads the pack. Borgata has 22%, Caesars Interactive holds 18% and … Continue reading

Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Pennsylvania, PokerStars, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street | Leave a comment

Trump, Adelson make a deal; Brazil moves toward casinos

Donald Trump may have sold his soul to the Las Vegas Review-Journal and cheaply at that. Pro-Trump Global Gaming Business is reporting that the mogul promised not to oppose Sheldon Adelson‘s anti-Internet gaming legislation if only the R-J would endorse … Continue reading

Posted in Dining, Donald Trump, Election, Entertainment, International, Internet gambling, Macau, Mohegan Sun, Pennsylvania, Politics, Stanley Ho, Taxes, The Strip, Tourism | Leave a comment

Mixed signals from Atlantic City

Despite having an extra weekend day last month, casino receipts in Atlantic City were down 3.5%, largely driven by the Trump Taj Mahal. (Subtract the Taj from the equation and you’d have a flat year/year comparison.) Table game revenues were … Continue reading

Posted in Atlantic City, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Revel, Tilman Fertitta, Tropicana Entertainment | 3 Comments

GameCo hearts the Boardwalk; Internet gambling fails in Pennsylvania

GameCo CEO Blaine Graboyes promised that his company’s first skill-based slots would be rolled out in Atlantic City … and he was as good as his word. While the eyes of the industry were on Las Vegas for Global Gaming … Continue reading

Posted in Atlantic City, Downtown, Foxwoods, G2E, Harrah's, Internet gambling, Mohegan Sun, Nevada, New York, Pennsylvania, Politics, Regulation, Technology | Leave a comment

Atlantic City saved

It’s all over. The fat lady hath sung. And Atlantic City lives to gamble another day. Discouraged by poll numbers that showed insurmountable support for the status quo in New Jersey, expansion PAC Our Turn NJ is closing up shop. That … Continue reading

Posted in Atlantic City, Carl Icahn, Cordish Co., Election, Entertainment, Harrah's, Illinois, International, Maryland, MGM Mirage, Mohegan Sun, New York, Penn National, Politics, Rhode Island, Slot routes, South Korea, Transportation | 1 Comment

Eldorado captures Isle; Adelson thwarted; Perlman dies

Scratch one more casino company from the checkerboard. This morning it was announced that Eldorado Resorts was buying Isle of Capri Casinos (long mooted as a takeover target. Eldorado will pay $1.7 billion for Isle — or $23 a share … Continue reading

Posted in Alabama, Atlantic City, Eldorado Resorts, Florida, Foxwoods, Geoff Freeman, Harrah's, history, Internet gambling, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Missouri, Mohegan Sun, Nevada, Ohio, Oklahoma, Pennsylvania, Politics, Reno, Sheldon Adelson, Taxes, The Mob, The Strip, Tribal, Vietnam, Wall Street | Leave a comment

Atlantic City: Some win, most lose

Just when things were looking up, August casino revenues in Atlantic City fell 7%. Some consolation was to be derived from a 32% increase in Internet revenue, up to $16 million. Slot revenue of $167 million was down 5% on … Continue reading

Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Tilman Fertitta, Tropicana Entertainment | Leave a comment

Shady dealing in Massachusetts; Caesars mediation breaks down

Shadowy casino speculator Eugene McCain is trying to make his coveted Revere slot a fait accompli by having a special election held prior to November in which local voters would express their ‘yea’ or ‘nay’ before statewide voters weigh in … Continue reading

Posted in Atlantic City, Election, Harrah's, International, Marketing, Massachusetts, Mohegan Sun, Philippines, Regulation, Technology, Tilman Fertitta, Tropicana Entertainment, Unite-Here | 2 Comments

Glenn Straub flakes out; Adelson woos South Korea

Glenn Straub‘s reputation for mercurial behavior was reinforced last week when he blew his stack before the Casino Reinvestment Development Authority. What was the flashpoint? The CRDA wanted Straub to come up with a new landscaping plan for Revel, in … Continue reading

Posted in Atlantic City, Glenn Straub, Harrah's, Japan, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Revel, Sheldon Adelson, Singapore, South Korea, Steve Wynn | 1 Comment

Straub resurfaces; Last casino to Clarksville

In case you’re wondering, “Whatever happened to Glenn Straub?”, the answer is that he’s finally been dragged, kicking and screaming, into applying for a New Jersey gaming license for Revel and is finalizing the paperwork. Huffington Post also reveals than … Continue reading

Posted in Arkansas, Atlantic City, California, Election, Environment, Foxwoods, G2E, Glenn Straub, Internet gambling, Macau, MGM Mirage, Mohegan Sun, Oklahoma, PokerStars, Politics, Regulation, Revel, Texas, Tribal | 1 Comment

MGM goes on the attack; Wynn’s new “masterpiece;” Isle out of Louisiana

This story pretty much writes itself. While MGM Resorts International cowboys up and makes it clear who’s sponsoring the ad — not hiding behind some phony-baloney PAC name like “Citizens for a Stronger Connecticut” — but the commercial is a … Continue reading

Posted in Alabama, Atlantic City, Boyd Gaming, Carl Icahn, Foxwoods, Harrah's, Internet gambling, Isle of Capri, Louisiana, Macau, MGM Mirage, Mohegan Sun, Politics, Racinos, Steve Wynn, Tropicana Entertainment, Wall Street | 1 Comment

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

Big month for Atlantic City; Wanna be president?

Casino gambling revenue in Atlantic City was up 5%, to $258 million, last month and Internet gaming revenues pole-vaulted 39%, exceeding $17 million. Higher coin-in at the slots translated into a 3% growth in one-armed banditry while a 7% increase … Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, Election, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Tilman Fertitta, Tropicana Entertainment, Unite-Here, Westgate LV | Leave a comment

Election special: New Jersey, New York, Oregon

An MGM Resorts International executive with whom I spoke yesterday told me the New Jersey casino ballot initiative is trailing badly in the polls. We hope he’s right, especially as news of the closure of Trump Taj Mahal (and Glenn … Continue reading

Posted in Atlantic City, Carl Icahn, Charity, Economy, Election, Foxwoods, Glenn Straub, Harrah's, Hooters, MGM Mirage, Mohegan Sun, New York, Oregon, Politics, Revel, Tribal, Tropicana Entertainment, Unite-Here | Leave a comment

Murren minces few words; Wynn Boston Harbor sets opening date

Commiting truth isn’t as rare in the casino business as in politics but MGM Resorts International CEO Jim Murren was startlingly candid in yesterday’s earnings call, crediting a surge in Las Vegas summer business to a Zika virus outbreak in Florida, … Continue reading

Posted in Atlantic City, California, Carl Icahn, Entertainment, Florida, Foxwoods, International, Internet gambling, LVCVA, Massachusetts, MGM Mirage, Mohegan Sun, Politics, Riviera, Singapore, South Korea, Steve Wynn, The Strip, Tourism, Transportation, Tropicana Entertainment, Trump Entertainment Resorts, Unite-Here, Wall Street | Leave a comment

Wynn Boston Harbor breaks ground; MGM modestly beats expectations

Somerville Mayor Joseph Curtatone has apparently thrown in the towel in his opposition to Wynn Boston Harbor, with the consequence that construction will have begun by this time tomorrow.  The $2.1 billion project’s endurance is a tribute to Bostonian Steve Wynn‘s … Continue reading

Posted in California, Environment, Geoff Freeman, Macau, Massachusetts, MGM Mirage, Mississippi, Mohegan Sun, Penn National, South Korea, Sports, Steve Wynn, Technology, The Strip, Transportation, Wall Street | Leave a comment

Land of the Rising Hopes; Delaware racinos struggle

It will take a constitutional amendment to make it happen but casinos could be back on the political agenda in Japan. In a promising development, he strengthened his position in the Diet, apparently freeing his Liberal Democratic Party from its … Continue reading

Posted in Boulder Strip, Delaware, Florida, Japan, Kazuo Okada, Macau, Marketing, MGM Mirage, Mohegan Sun, Politics, Steve Wynn, Taxes, Tribal, Wall Street | Leave a comment

Big win for Wynn; Entertainer gets shrunken head

It’s never too late to count out litigious Somerville Mayor Joseph Curtatone but it looks like Wynn Boston Harbor may finally be inevitable. The casino project received a development permit from the Massachusetts Department of Environmental Protection. Sore losers Mohegan … Continue reading

Posted in Atlantic City, Entertainment, Iowa, Louisiana, Macau, Massachusetts, Mohegan Sun, Regulation, Steve Wynn, Transportation, Tropicana Entertainment, Unite-Here | Leave a comment