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Category Archives: Galaxy Entertainment
Culinary issues demands; Outlasting Coronavirus
In a Thursday media event, the Culinary Union called for casinos to continue paying their inactivated employees for as long as the Coronavirus crisis lasts. Said Unite-Here President D. Taylor, “The industry, obviously, is a very profitable industry. We don’t understand their … Continue reading
Posted in AGA, Architecture, California, Culinary Union, Donald Trump, Economy, Galaxy Entertainment, Health, Las Vegas Sands, Macau, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Regulation, Sociedade de Jogos de Macau, Technology, Tribal, Unite-Here, Wall Street, Wynn Resorts
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Macao bad, worse to come; No casinos for Brazil
“With the government keeping limitations on individual and group visas into the market and transportation options remaining impaired we believe the Macau market could take five to seven months to start stabilizing and showing improvement,” Stifel Financial analyst Steven Wieczynski … Continue reading
Posted in Atlantic City, Caesars Entertainment, China, Connecticut, Dining, Economy, Foxwoods, Galaxy Entertainment, Hard Rock International, Health, history, International, Internet gambling, Japan, Las Vegas Sands, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Ocean Resort, Politics, Scientific Games, Station Casinos, Taxes, Wall Street, Wynn Resorts
1 Comment
Stimulus is here, recovery … who knows?
It’s still not a done deal but what Majority Leader Mitch McConnell (R) calls “emergency relief” emerged from the Senate yesterday. A few jerks tried to hold it up with the preposterous argument that “the expanded unemployment benefits were overly … Continue reading
Posted in AGA, Caesars Entertainment, China, Conventions, Cretins, Donald Trump, Downtown, Economy, Environment, Galaxy Entertainment, Health, International, Macau, Massachusetts, MGM Resorts International, Politics, South Korea, Terry Caudill, The Strip, Tilman Fertitta, Tourism, TV, Wynn Resorts
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“Empty gesture” in Macao; Big deals for Scientific, Hill
Casinos may have reopened in Macao but coronavirus cannot be so easily wished away. Fears of its spread hit U.S. stock markets hard, with the Dow Jones tumbling 840 points, ceding all 2020 gains. Overseas bourses are taking it hard, too, … Continue reading
Posted in Alabama, Arizona, Atlantic City, China, Culinary Union, Economy, Election, Galaxy Entertainment, Genting, Health, International, Internet gambling, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mississippi, Nevada, New Jersey, Oklahoma, Pennsylvania, Scientific Games, Singapore, Sociedade de Jogos de Macau, Sports, Sports betting, Taxes, Tilman Fertitta, Tourism, Tribal, Wall Street, William Hill, Wynn Resorts
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Mutiny at MGM?; The art of the presidential deal
Global Gaming Business sources say MGM Resorts International CEO Jim Murren “was forced out by activist investors who had gathered enough support from institutional investors for his ouster.” The reason is not clear, as Murren had been doing everything possible … Continue reading
Posted in Atlantic City, CityCenter, Donald Trump, Galaxy Entertainment, Genting, Hard Rock International, Health, International, Internet gambling, Japan, Macau, Massachusetts, Melco Resorts & Entertainment, Regulation, Resort fees, Sports betting, Technology, The Strip, TV, Virginia, Wall Street, William Hill, Wynn Resorts
1 Comment
Politicians play casino games
Crusty Maine Gov. Janet Mills (D) eked out a victory on sports betting when a veto-override vote in the Maine House of Representatives fell short of a two-thirds majority. The prudish Mills changed her message from an anti-gambling one to … Continue reading
Posted in Churchill Downs, Culinary Union, Donald Trump, Election, Galaxy Entertainment, Genting, Health, International, Iowa, Las Vegas Sands, Law enforcement, Macau, Maine, Nebraska, Nevada, New Hampshire, Penn National, Politics, Problem gambling, Singapore, Sports betting
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Macao closed for business; Tribal troubles
In what once seemed unthinkable, Macao has been ordered to close all 41 of its casinos (and presumably its myriad slot parlors) to inhibit the spread of coronavirus. The inciting incident appears to have been a case of the virus … Continue reading
Sports betting back on in Florida; Genting tipped for Japan
Although Florida voters thought they were cutting the Lege out of gambling legalization, lawmakers may have found a way to weasel their way back in, at least as concerns sports betting. The Sunshine State’s constitution now forbids the Lege from … Continue reading
Posted in AGA, China, FanDuel, Florida, Galaxy Entertainment, Genting, Japan, Law enforcement, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Movies, New Jersey, New York, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Singapore, Slot routes, Sports, Sports betting, Taxes, Texas, The Strip, Transportation
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Tribal gambling rampant in Oklahoma?; Penn National gets swindled
Could “casinos and smoke shops soon begin popping up on every corner of downtown Tulsa?” So wondered Indian Country Today about a Supreme Court case that could dramatically alter the complexion of tribal gaming in Oklahoma. (Serves Kevin Stitt right.) The … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Churchill Downs, Culinary Union, Eldorado Resorts, Galaxy Entertainment, Genting, Illinois, Japan, Las Vegas Raiders, Law enforcement, Macau, MGM Resorts International, Oklahoma, Pansy Ho, Penn National, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, The Rio, Tribal, World Series of Poker, Wynn Resorts
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What gives, Indiana?; Galaxy ousted from Philippines
Despite the excellent November performance of surrounding Midwest states, Indiana casinos were up only 1% last month. Factor in an extra weekend day this year and that’s a pretty underwhelming result. In its last full month of service, riverboat Glory of … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Dining, DraftKings, Eldorado Resorts, FanDuel, Full House Resorts, Galaxy Entertainment, Indiana, MGM Resorts International, Ohio, Penn National, Philippines, Rush Street Gaming, Spectacle Entertainment, Sports, Sports betting, The Mob, The Strip, Tropicana Entertainment
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Duterte socks it to casinos; Sports betting battle in California
This is an effective promotional tool. Why aren’t other companies doing it? (We’re looking at you, Caesars Entertainment.) * Philippine strongman Rodrigo Duterte is punching out at Philippines offshore gaming operators (POGOs) over delinquent taxes. He asserted that they had paid … Continue reading
Posted in California, Cosmopolitan, DraftKings, Economy, FanDuel, Galaxy Entertainment, Genting, Hard Rock International, International, Internet gambling, MGM Resorts International, Mohegan Sun, Nevada, Philippines, Politics, Regulation, Sexual misconduct, Sports betting, The Rio, The Strip, Tribal
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Tax-and-spend fantasy in Illinois; Encore Boston nickels and dimes its patrons
It’s more important to have a money-losing casino (upon which absolutely nobody has bid) in Chicago than to lower the über-confiscatory 72% tax rate. So says state Sen. Dave Syverson (R), a real crank. As Syverson puts it, “The problem with … Continue reading
Posted in Caesars Entertainment, Galaxy Entertainment, Golden Gaming, Illinois, Japan, Macau, Massachusetts, MGM Resorts International, Resort fees, Sheldon Adelson, Taxes, Terry Caudill, Transportation, Wynn Resorts
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Second thoughts on Japan; Seneca smackdown
Is it possible that Japan is too rich for the casino industry’s blood? Las Vegas Sands President Rob Goldstein recently pegged the cost of a Japanese megaresort at $12 billion, while Fitch Ratings thinks it will be closer to $15 … Continue reading
Posted in China, Galaxy Entertainment, Genting, International, Japan, Las Vegas Sands, Macau, MGM Resorts International, New York, Taxes, Transportation, Tribal, Wall Street
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Big casino bust in Biloxi
In a Mississippi bribery scandal, the crime in question took place—how fittingly—in a lavatory. Four men fessed up to bribing Department of Corrections Commissioner Christopher Epps with casino chips in return for such concessions as inmate phone services, unwittingly highlighting … Continue reading
Adelson power play in Las Vegas, unease in Macao
Sheldon Adelson, it long has been clear, brooks no dissent. He bought the Las Vegas Review-Journal to make it a megaphone for his political views (anybody remember the Marco Rubio presidential campaign, the one the R-J endorsed three times to … Continue reading
Case Bets
Despite the tepid attitude of Tokyo leadership, Las Vegas Sands has settled on it and Yokohama as its destinations of preference in Japan. Which leaves Osaka out in the cold (although it is not lacking for suitors). Sands lost no time … Continue reading
Encore ready for its closeup; Reinventing Reno
“Industrial afterthought” Everett becomes home to a five-star casino-hotel starting Sunday. Encore Boston Harbor is obviously optimistic, judging by the $650/night base room rate. Of the three gambling-enabled Massachusetts locales, parent company Wynn Resorts got the plum and now it … Continue reading
Posted in Economy, Galaxy Entertainment, Kansas, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Planet Hollywood, Reno, Sociedade de Jogos de Macau, Taxes, Wynn Resorts
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Secret deal in Bridgeport?; Packer/Ho sale threatened
“There is no ‘either/or’ solution when it comes to East Windsor and Bridgeport, and we shouldn’t be playing two Connecticut communities against each other.” That’s what tribal spokesman Andrew Doba said after it was revealed that Bridgeport was flirting with Foxwoods Resort … Continue reading
Posted in Australia, California, Cirque du Soleil, Connecticut, Crown Resorts, e-sports, Entertainment, Foxwoods, Galaxy Entertainment, Las Vegas Sands, Lawrence Ho, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Pennsylvania, Regulation, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Wynn Resorts
1 Comment
Don’t mess with the Seminoles
Well, the feckless Florida Lege courted disaster—and got it. The Seminole Tribe, lacking a new compact, is cutting off revenue-sharing payments to the Sunshine State. We’re talking serious dollars: $321 million last fiscal year. The Seminoles have enormous economic clout and … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Florida, Galaxy Entertainment, Greenwood Racing, Las Vegas Sands, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Penn National, Pennsylvania, Philippines, Politics, Rush Street Gaming, Seminole Tribe, Sociedade de Jogos de Macau, Sports betting, Taxes, Wall Street, Wynn Resorts
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MGM, Adelson tussle for Japan; Wynn pouts over fine
Everybody wants to be in Osaka, now that it’s open for casino development and the Osakanese government strongly covets a casino, one hopefully that would be open in time for the 2025 World Expo. Among the entrants, Las Vegas Sands, … Continue reading
Posted in Dining, Galaxy Entertainment, Genting, Japan, Las Vegas Sands, Lotteries, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Politics, Regulation, Singapore, Sports betting, Transportation, Tribal, Wynn Resorts
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