Category Archives: Geoff Freeman

Miller dares Adelson; Room rates reel

Late last week American Gaming Association President Bill Miller did something radical about Internet gambling. He discussed it. On a conference call. With reporters. Unprompted. You have to understand that ‘Net betting has been a no-fly zone for the AGA … Continue reading

Posted in AGA, Caesars Entertainment, Card rooms, Economy, Geoff Freeman, Internet gambling, Las Vegas Sands, Maverick Gaming, MGM Resorts International, Mohegan Sun, Penn National, Rush Street Gaming, Sheldon Adelson, The Strip, Tilman Fertitta, Wall Street, Washington State, Wynn Resorts | Comments Off on Miller dares Adelson; Room rates reel

Churchill Downs fights horseracing reform; Mattress Mack doesn’t regret $13M World Series bet

Churchill Downs‘ third-quarter cash flow results were “softer than expected” according to J.P. Morgan analyst Daniel Politzer, who added the “the impact of this was likely mitigated by the company announcing a slew of updates/capital projects which helped placate investors, … Continue reading

Posted in AGA, Baseball, Charity, Churchill Downs, Colorado, Culinary Union, Election, Entertainment, Geoff Freeman, Horseracing, Kentucky, Las Vegas Sands, Macau, Maine, Mississippi, Nevada, New Jersey, Planet Hollywood, Politics, Racinos, Sheldon Adelson, Sports betting, Texas, Wynn Resorts | Comments Off on Churchill Downs fights horseracing reform; Mattress Mack doesn’t regret $13M World Series bet

A change of heart on loco weed; Miller briefs Congress

In a development certain to make Nevada resort owners grind their teeth in envy, cannabis is predicted to be this year’s wellness trend. As you know, Nevada gaming regulators have hung a “Do Not Enter” sign on the recreational-marijuana industry … Continue reading

Posted in Affinity Gaming, AGA, Architecture, Boyd Gaming, Caesars Entertainment, Economy, Eldorado Resorts, Geoff Freeman, history, Japan, Marijuana, Penn National, Politics, Regulation, Taxes | 2 Comments

Adelson sparks firestorm

When Bill Miller was appointed CEO of the American Gaming Association, we speculated that his relationship with Sheldon Adelson would be “less strained” than that of predecessor Geoff Freeman. Indeed, that already seems to be the case. It would account … Continue reading

Posted in AGA, Carl Icahn, Churchill Downs, Delaware, DFS, Eldorado Resorts, Florida, Geoff Freeman, Illinois, Internet gambling, Massachusetts, MGM Resorts International, Nevada, New Jersey, New York, Politics, Racinos, Regulation, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Tropicana Entertainment, Wall Street, William Hill, Wynn Resorts | Comments Off on Adelson sparks firestorm

New boss at AGA; Route 91 Harvest returns

Replacing Geoff Freeman, the American Gaming Association has tapped Business Roundtable Senior Vice President for Government Relations Bill Miller. A Beltway lobbyist of two decades’ standing, Miller should be able to hit the ground running. Thirteen years of lobbying on … Continue reading

Posted in AGA, Baseball, Caesars Entertainment, California, Eldorado Resorts, Entertainment, Geoff Freeman, Greenwood Racing, Las Vegas Sands, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Penn National, Pennsylvania, Rush Street Gaming, Scientific Games, Sheldon Adelson, Sports, Sports betting, Tamares Group, The Strip, Tribal, TV | 3 Comments

Penn bullish on Trop; Boyd wows Wall Street

M Resort and Tropicana Las Vegas are no longer the charity cases of Penn National Gaming. The company made a point of lauding them during this week’s earnings call, with JP Morgan analyst Joseph Greff characterizing their performance — along … Continue reading

Posted in Boyd Gaming, Derek Stevens, Downtown, Geoff Freeman, Illinois, Indiana, International, Las Vegas Sands, M Resort, Massachusetts, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sheldon Adelson, Slot routes, The Strip, Tribal, Wall Street | 1 Comment

Caesars gets swatted; Remembering Rappaport

While the Caesars Entertainment takeover of Centaur Gaming is still expected to go through, it won’t be without some pain for Caesars. The Roman Empire has agreed to pay a $1 million for improperly attempting to influence Hoosier State regulators … Continue reading

Posted in Ameristar, Boyd Gaming, Centaur Gaming, Foxwoods, Geoff Freeman, Harrah's, Indiana, Penn National, Pinnacle Entertainment, Regulation | Comments Off on Caesars gets swatted; Remembering Rappaport

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

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

Midwest torpor; Freeman says goodbye

A wave of prosperity among Midwest casinos has hit the wall, at least for the near term. Indiana and Missouri joined Illinois, Ohio and Iowa in reporting flat year/year gaming revenues for May. In Indiana, gamblers were losing 15.5% more … Continue reading

Posted in Ameristar, Boyd Gaming, Brazil, Centaur Gaming, Eldorado Resorts, Full House Resorts, Geoff Freeman, Harrah's, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Law enforcement, Macau, Majestic Star, Melco Resorts & Entertainment, Missouri, Ohio, Penn National, Pinnacle Entertainment, Sheldon Adelson, Tribal, Tropicana Entertainment | Comments Off on Midwest torpor; Freeman says goodbye

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

Posted in Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Culinary Union, Dining, Geoff Freeman, Internet gambling, MGM Mirage, Resort fees, Sports | 4 Comments

Paddy Power takes on U.S.; Decision time for Freeman

In a story that, frankly, I just didn’t feel like covering last week, Paddy Power Betfair has hitched its wagon to the hitherto-unprofitable DFS star. It has purchased FanDuel, taking a 61% share of the company. The catalyst, obviously, is … Continue reading

Posted in Atlantic City, Bruce Deifik, Charity, DFS, Geoff Freeman, Harrah's, Horseracing, International, Internet gambling, PokerStars, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Vietnam | Comments Off on Paddy Power takes on U.S.; Decision time for Freeman

Wall Street hearts Caesars; AGA does the right thing

One of our favorite investment banks, JP Morgan, has initiated coverage of Caesars Entertainment, providing us with further transparency of the company’s performance. The price target is a lowly $16/share, which presumably reflects the company’s recent, shall we say, financial … Continue reading

Posted in Atlantic City, Boyd Gaming, Culinary Union, Geoff Freeman, Harrah's, Marketing, Penn National, Sexual misconduct, The Strip, Wall Street, Wynn Resorts | Comments Off on Wall Street hearts Caesars; AGA does the right thing

Strike!; Memo to Congress

If any casino owners were thinking that the Culinary Union might get complacent or fragment in the face of a good Las Vegas economy, they got a rude wakeup call yesterday. Some 99% of Culinary members voted to authorize a … Continue reading

Posted in Culinary Union, Current, Downtown, Economy, Geoff Freeman, Harrah's, history, MGM Mirage, Regulation, Sports, Taxes, Technology, The Strip | Comments Off on Strike!; Memo to Congress

Quote of the Day

“The leagues are a potent force. We’ve seen that in West Virginia, we’ve seen it in Indiana and other markets. It will be important to work with the leagues. I think the leagues can be powerful partners when it comes … Continue reading

Posted in Geoff Freeman, Indiana, Sports, West Virginia | Comments Off on Quote of the Day

Sports betting: A new era

Yesterday, the Supreme Court handed down its much anticipated ruling in Murphy v. NCAA and it was pure win for states and casinos itching to offer legalized sports betting, although there was some predictable disapproval. As Arizona Attorney General Mark … Continue reading

Posted in Arizona, Atlantic City, Boyd Gaming, Delaware, DFS, Eldorado Resorts, Election, Geoff Freeman, Harrah's, IGT, Illinois, Law enforcement, Maryland, Massachusetts, MGM Mirage, Mississippi, Nevada, New York, Penn National, Politics, Regulation, Rhode Island, Scientific Games, Sports, Texas, Tilman Fertitta, Tribal, Wall Street, West Virginia | Comments Off on Sports betting: A new era

Mixed report from Japan; Wynn Boston Harbor up for grabs

First, the good news: The casino-regulation bill over which Japan‘s Liberal Democratic Party has slaved, may make it into the Diet by Friday, giving the Nipponese parliament just under two months to consider it. (The Diet adjourns on June 20.) … Continue reading

Posted in Atlantic City, Boyd Gaming, Foxwoods, Genting, Geoff Freeman, Hard Rock International, Harrah's, Japan, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Penn National, Politics, Problem gambling, Regulation, Seminole Tribe, Sheldon Adelson, Wall Street, Wynn Resorts | 1 Comment

Hard Rock makes sweeping pledge; Wynn dodges a bullet

Having expanded the old Trump Taj Mahal concert venue by over 25%, Hard Rock International is promising the Boardwalk “more live music than Atlantic City has ever seen.” We’re talking 200 live events in Year One. “When’s the first time someone has … Continue reading

Posted in Atlantic City, Dining, Entertainment, Environment, Geoff Freeman, Hard Rock International, International, Japan, Macau, Massachusetts, MGM Mirage, Politics, Regulation, Revel, Sexual misconduct, The Strip, Transportation, Wynn Resorts | 3 Comments

Freeman: Hands off!; Copperfield in hot water again

Adam Silver, commissioner of the NBA, has been an early proponent of legalized sports betting. But his zeal has gone a little too far. The league proposes to help itself to an “integrity fee” of $1 out of every $100 … Continue reading

Posted in Geoff Freeman, Harrah's, Japan, Law enforcement, MGM Mirage, Sports, The Strip, Wall Street | Comments Off on Freeman: Hands off!; Copperfield in hot water again