Category Archives: PokerStars

Atlantic City runs the table; Next, the “Osaka Strip”?

It’ll take a lot more than an extra weekend day to account for a 7% spike in Atlantic City‘s gaming revenue. When you subtract the corpse of Trump Taj Mahal from the body count, the year over year comparison is … Continue reading

Posted in Atlantic City, Dan Gilbert, Detroit, Hard Rock International, Harrah's, Internet gambling, Japan, MGM Mirage, Mohegan Sun, PokerStars, Problem gambling, Sports, Tilman Fertitta, Wall Street | Leave a comment

Warm spring in the Midwest; Vegas Vic gets political

Don’t believe anyone who says the economy is bad: Casino takings are up all across the Midwest. The biggest gain was in Ohio, where casino win rose 7%, even though players continue to blow off Jack Cleveland ($18 million, -8%). … Continue reading

Posted in Affinity Gaming, Ameristar, Animals, Archon Corp., Boyd Gaming, California, Dan Gilbert, Downtown, Eldorado Resorts, Full House Resorts, Harrah's, Indiana, Isle of Capri, Law enforcement, Majestic Star, Missouri, Ohio, Penn National, Pinnacle Entertainment, PokerStars, Politics, Racinos, Tropicana Entertainment, Wayne F. Newton | Leave a comment

Slim hope for North Dakota casinos; Russians hack U.S. slot machines

North Dakota lawmakers are still averse to the idea of state-owned casinos (which caused a fair number of birthing pains for Kansas) but they split the baby on casino expansion this week. While the House Judiciary Committee still stamped “do … Continue reading

Posted in Atlantic City, International, Law enforcement, Missouri, North Dakota, Pennsylvania, PokerStars, Politics, Problem gambling, Sheldon Adelson, Singapore, Tilman Fertitta, Tribal | Leave a comment

Pennsylvania: Land of confusion

When it comes to making gaming policy in Pennsylvania, handwringing Gov. Tom Wolf (D) is no help at all. He wants another $100 million in gaming revenue — but only if it doesn’t come at a cost to existing casinos … Continue reading

Posted in Atlantic City, Detroit, Internet gambling, Kansas, North Dakota, Pennsylvania, PokerStars, Politics, Regulation, Tribal | Leave a comment

Atlantic City suffers February hiccup; Caesars K.O.’d in Korea

All good things must end and, in the case of Atlantic City, a pretty steady comeback hit a pothole in December, with business down 2%. Even Borgata ($58 million) was down a percentage point. Citywide, slot revenue was actually up … Continue reading

Posted in Atlantic City, Carl Icahn, Dan Gilbert, Detroit, Glenn Straub, Golden Gaming, Greenwood Racing, Hard Rock International, Harrah's, Internet gambling, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Pennsylvania, PokerStars, Revel, Sheldon Adelson, South Korea, Tropicana Entertainment | 1 Comment

New stumbling block for Caesars; ‘Net betting powers New Jersey

Just when it looked like Caesars Entertainment was out of the woods in its bankruptcy reorganization the federal trustee intervened with an objection. At issue are the releases from litigation that Caesars wrested from creditors as part of the price … Continue reading

Posted in Arizona, Atlantic City, Donald Trump, Harrah's, Internet gambling, Massachusetts, Penn National, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Tribal, Tropicana Entertainment | 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

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

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

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

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

Tax fight in Pennsylvania; Adelson donation goes awry

Sands Bethlehem could soon pocket another $10 million a year but it’s letting Mount Airy Casino do the heavy lifting. The latter is arguing to the Pennsylvania Supreme Court that the flat, yearly fee falls disproportionately on small casinos, not … Continue reading

Posted in Architecture, California, Eldorado Resorts, Greenwood Racing, International, Internet gambling, Law enforcement, Massachusetts, Neil Bluhm, Oklahoma, Pennsylvania, PokerStars, Sheldon Adelson, Steve Wynn, Taxes, Tribal | Leave a comment

Stratosphere bucks consumer trend; New way to bet coming to Nevada

Better slot play, stronger restaurant business and greater hotel occupancy (which drove up rates) conspired to improve American Casino & Entertainment Properties‘ revenue and profitability in 2Q16. Net revenue — i.e., not profit — is on a 10-month upward roll, … Continue reading

Posted in ACEP, Animals, Boulder Strip, Laughlin, MGM Mirage, Pennsylvania, PokerStars, Regulation, Sheldon Adelson, Sports, Technology, The Strip, Tourism | Leave a comment

Plainridge Park hits the one-year mark; Pennsylvania casinos spurn booze tax

Recording its first anniversary with a reported $160 million in revenue, against projections closer to $300 million, is Penn National Gaming‘s Plainridge Park a dud? Not so fast. The casino reports the highest win/slot/day by far of any casino for … Continue reading

Posted in Atlantic City, Boyd Gaming, Election, Internet gambling, Massachusetts, MGM Mirage, Neil Bluhm, New York, Penn National, Pennsylvania, PokerStars, Regulation, Revel, Rhode Island, Sheldon Adelson, Steve Wynn, Taxes, Tribal | Leave a comment

Lean June in Atlantic City; Respect for the riff raff

Just when it should have been booming with the summer season, Atlantic City casino revenue fell 4% — $197.5 million — although online casino revenues rose 41% (to $16 million). Resorts Digital — aka PokerStars — is still bringing up the … Continue reading

Posted in Atlantic City, Boyd Gaming, Harrah's, International, Internet gambling, Marketing, Mohegan Sun, PokerStars, Regulation, Tilman Fertitta, Tropicana Entertainment | Leave a comment

Trump’s tribal treachery

As the press continues to dig into Donald Trump‘s past, it’s uncovering activity that is vile even by Trump’s debased standards. Such is the case in his race-baiting campaign against the casino application of the St. Regis Mohawks. Not man … Continue reading

Posted in Atlantic City, California, Donald Trump, Genting, Hard Rock International, International, Internet gambling, Law enforcement, Lawrence Ho, Minnesota, New York, PokerStars, Regulation, The Mob, The Strip, Tribal | 1 Comment

NHL picks Las Vegas; Borgata carries Atlantic City

It’s not been officially confirmed and it’s not a final decision, but The Associated Press is reporting that the NHL‘s executive committee has chosen Las Vegas businessman Bill Foley‘s proposal to create an expansion franchise in Sin City. In a … Continue reading

Posted in Atlantic City, Boyd Gaming, Current, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Sports, The Strip, Tilman Fertitta, Tropicana Entertainment, Wall Street | 1 Comment

More gridlock in California; Caesars ownership ups the ante … sorta

California lawmakers’ push for legalized i-gaming appears to run into an insuperable obstacle. Just when it looked like state Rep. Adam Gray had devised language that would tap-dance around the “bad actor” issue, the Pechanga Band of Luiseño Indians and Agua … Continue reading

Posted in California, Florida, Genting, Harrah's, PokerStars, Politics, Taxes, Tribal, Wall Street | Leave a comment

PokerStars camel meets eye of needle; Penn loses last-gasp appeal

California state Rep. Adam Gray‘s online-gaming bill comes under some close scrutiny from analysts Steven Eichorn and Jeff Ifrah. As expected, there is no “bad actor” clause that would explicitly keep Unlawful Internet Gambling Enforcement Act scofflaws like PokerStars out … Continue reading

Posted in Atlantic City, Boyd Gaming, California, Genting, Internet gambling, Iowa, Law enforcement, MGM Mirage, New York, Penn National, PokerStars, Politics, Regulation, Singapore, Stanley Ho, Tribal | Leave a comment

DFS stalls in Illinois; Mississippi casinos rebound

Things were looking up for the daily fantasy sports industry in Illinois, where enabling legislation passed the state Senate 32-22. However, a hold has been put on the bill, which may not make it to the House. Why? Although the legislation … Continue reading

Posted in Arkansas, Delaware, G2E, Hard Rock International, Harrah's, Illinois, Internet gambling, Macau, Marketing, Mississippi, Nevada, PokerStars, Politics, Steve Wynn, Tribal | Leave a comment