Category Archives: Marketing

Hard Rock to spend big in Atlantic City; Bad news for slot makers

In the biggest vote of confidence Atlantic City has received in a decade, Hard Rock International has announced that it intends to invest $375 million in the former Trump Taj Mahal. On top of the 1,000 projected construction jobs, Hard … Continue reading

Posted in Atlantic City, Cordish Co., Economy, Golden Gaming, Hard Rock International, Harrah's, International, Lawrence Ho, Marketing, Maryland, MGM Mirage, New York, Penn National, Pinnacle Entertainment, Station Casinos, Technology, Tribal | 2 Comments

Quote of the Day

“There are a finite number of gamblers. The more times you split that pie up, the fewer customers you have.” — Jackson Rancheria Casino Resort CEO Rich Hoffman, uttering apparent heresy to explain why California tribal casinos need to diversify their … Continue reading

Posted in California, Marketing, Tribal | Leave a comment

Gaming up nationally — but Louisiana gets hammered

America‘s casino industry had a winning month in January, up 3.5% to $3.4 billion. Even Illinois, which has never recovered from the smoking ban, was in the top four, behind Nevada (naturally), Pennsylvania and Louisiana. The only serious loser was … Continue reading

Posted in Affinity Gaming, Atlantic City, Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, GLPI, Harrah's, Illinois, Internet gambling, Isle of Capri, Louisiana, Marketing, Maryland, Ohio, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Taxes, Tilman Fertitta, Tropicana Entertainment, West Virginia | Leave a comment

MGM antes up for Sands Bethlehem; Glenn Straub, man of mystery

Last week’s premature announcement by Sands Bethlehem President Mark Juliano that a sale, probably to MGM Resorts International, may have redounded to Las Vegas Sands‘ benefit. The reported sale price has crept up to $1.3 billion. Since a sale would … Continue reading

Posted in Atlantic City, Economy, Glenn Straub, Macau, Marketing, MGM Mirage, Palms, Pennsylvania, Revel, Sheldon Adelson, Station Casinos, Taxes, Wall Street | Leave a comment

AGA backs Obamacare; “Messy” quarter for Station

OK, the headline is an oversimplification (as headlines tend to be) but the American Gaming Association found itself in disagreement with congressional Republicans after their overhaul of the Affordable Care Act was found to leave mental-health and substance-use-disorder services out in the … Continue reading

Posted in Dan Gilbert, Economy, Eldorado Resorts, Geoff Freeman, GLPI, Hard Rock International, Lucky Dragon, Marketing, Ohio, Palms, Penn National, Pinnacle Entertainment, Politics, Problem gambling, Reno, Station Casinos, Wall Street | Leave a comment

Business as usual at Boyd; Pinnacle looks to expand

* Top brass at Boyd Gaming met with J.P. Morgan analyst Joseph Greff and reported a relatively unruffled start to 2017, although the delayed mailing of income-tax refunds (about three weeks later than usual) was retarding results a bit. Still, … Continue reading

Posted in Boyd Gaming, California, Cannery Casino Resorts, Colorado, Current, Economy, Louisiana, Marketing, MGM Mirage, North Las Vegas, Penn National, Pinnacle Entertainment, The Strip, Tilman Fertitta, Tribal, Wall Street, West Virginia | Leave a comment

Quote of the Day

“I’m a big contrarian when it comes to saying the slot machines’ time is over. In fact, if you look nationally overall, slot revenues are higher than they’ve ever been. But at individual properties, they’re down.” — casino consultant Buddy Frank … Continue reading

Posted in Marketing, Technology | Leave a comment

Wayne Newton, Mr. Convention; Adelson covets Vietnam

If you doubted that the convention business is the new face of Las Vegas, it trotted out the pretty visage of Wayne Newton. The latter’s Casa de Shenandoah is promoting itself as the new place to hold your meeting, offering to … Continue reading

Posted in Atlantic City, Economy, GLPI, Hard Rock International, Harrah's, Illinois, Japan, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, Penn National, Politics, Racinos, Regulation, Sheldon Adelson, Singapore, South Korea, Technology, Tourism, Tropicana Entertainment, Vietnam, Wayne F. Newton | Leave a comment

Caesars: The comedy is (almost) finished; Lawmaker gets high — on revenue

By merging Caesars Acquisition Co. (which holds most of the goodies) with Caesars Entertainment, the conglomerate may be finally able to ring the curtain on its bankruptcy. It’s been a long-running show, often replete with elements of farce. What seems … Continue reading

Posted in Atlantic City, Environment, Florida, Harrah's, Louisiana, Marketing, MGM Mirage, Neil Bluhm, Nevada, New York, Politics, Regulation, Taxes, Technology | Leave a comment

Wynn shows Adelson up; Schenectady casino opens tonight

Contrary to crude insinuations by the Las Vegas Review-Journal, Steve Wynn‘s gift of $7 million in company stock late last year went mainly toward medical research at the University of Iowa’s Wynn Institute for Vision Research ($5 million), while another $1.7 … Continue reading

Posted in Animals, Charity, Economy, Harrah's, Iowa, Maine, Marketing, Neil Bluhm, New York, Sheldon Adelson, Sports, Steve Wynn, Technology, The Strip, Tribal | 1 Comment

Wynn-Adelson feud renewed; Caesars readies wrecking ball

Until recently, Sheldon Adelson was the face of Republican Party fundraising. But the GOP’s new fair-haired boy is a certain Steve Wynn and Adelson doesn’t appear to be taking it lying down. His Las Vegas Review-Journal, showed uncharacteristic investigative moxie … Continue reading

Posted in Charity, Donald Trump, Downtown, Economy, Election, Harrah's, Macau, Marketing, Sheldon Adelson, Steve Wynn | 2 Comments

Penn National backpedals; Feral bunnies terrorize Vegas

Penn National Gaming released fourth-quarter numbers and, according to Deutsche Bank‘s Carlo Santarelli acknowledged a “difficult start” at Hollywood Jamul (this despite having an extra-long runway to get the new property aloft). Santarelli called the tribal casino a “drag” on … Continue reading

Posted in Animals, Atlantic City, California, Dining, Donald Trump, Election, Glenn Straub, GLPI, Hard Rock International, history, Illinois, Iowa, Japan, Macau, Marketing, Penn National, Regulation, Revel, Sheldon Adelson, Slot routes, Steve Wynn, Technology, The Strip, Tribal, Trump Entertainment Resorts, Wall Street, West Virginia | Leave a comment

Trump vs. Las Vegas; E-sports is big busine$$

“Donald Trump is the most uninformed president the U.S. has ever had.  This is not an opinion.  It is based on the realities of how human beings communicate:  He does not read.  ‘[Trump] said in a series of interviews that he does not … Continue reading

Posted in Affinity Gaming, Atlantic City, Donald Trump, Downtown, Economy, Entertainment, Harrah's, International, Internet gambling, Macau, Marketing, MGM Mirage, Mississippi, Regulation, Sheldon Adelson, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Leave a comment

Quote of the Day

“You know your industry is in trouble if the most current product you offer your 21st century patrons is bingo.” — gaming-law expert I. Nelson Rose on the casino industry’s struggle to adapt to changing times.

Posted in history, Marketing, Technology | Leave a comment

What the Lucky Dragon means; National Harbor lifts all boats

The good Dr. David G. Schwartz ponders the significance of Lucky Dragon Casino and begins with one salient milestone: “Lucky Dragon is the first genuinely new property to open in the tourist corridor since The Cosmopolitan six years ago.” That’s … Continue reading

Posted in Architecture, Cosmopolitan, Donald Trump, Genting, Harrah's, history, Internet gambling, Japan, Lucky Dragon, Marketing, Maryland, MGM Mirage, Nevada, Politics, Problem gambling, Regulation, Sheldon Adelson, Taxes, The Strip, Tourism, Wall Street | Leave a comment

Pennsylvania gets a second look; Tioga Downs debuts new casino

Funny that we should have been discussing Pennsylvania yesterday. Fitch Ratings analyst Alex Bumazhny made a field trip to Philadelphia and Bethlehem, and came away impressed by the $164 million expansion of SugarHouse. He concluded that its new features, which … Continue reading

Posted in Cordish Co., Economy, Harrah's, Horseracing, Lucky Dragon, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Neil Bluhm, New York, Penn National, Pennsylvania, Racinos, Singapore, Stanley Ho, Taxes, The Strip, Wall Street | 1 Comment

Quote of the Day

“They don’t want to sit in front of a metal box with spinning wheels in a building the size of a warehouse.” — gaming-law expert I. Nelson Rose on millennials’ preference for mobile gambling. Pennsylvania lawmakers had the opportunity to … Continue reading

Posted in Marketing, Pennsylvania, Technology | Leave a comment

Ducey: Let’s make a deal; Trump = legal sports betting?

It looks like the State of Arizona may be ready to throw in the towel in its losing fight against the Tohono O’odham Nation over its Desert Diamond casino. Gov. Doug Ducey (R) has inked a new compact with 10 … Continue reading

Posted in Aristocrat, Arizona, Boulder Strip, Donald Trump, Geoff Freeman, IGT, Lucky Dragon, Marketing, Politics, Regulation, SLS Las Vegas, The Strip, Tourism, Tribal | Leave a comment

Florida: Scott loses, big time; Coup d’etat in Atlantic City

Fourteen more years. That’s how long the Seminole Tribe can have exclusive rights to blackjack in Florida, thanks to a ruling by U.S. District Judge Robert Hinkle. It’s a huge win for the Seminoles and not entirely unforeseen, given how … Continue reading

Posted in Atlantic City, Donald Trump, Economy, Election, Florida, Geoff Freeman, Georgia, Glenn Straub, Hard Rock International, Japan, Lawrence Ho, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Pennsylvania, Racinos, Rhode Island, Seminole Tribe, Sheldon Adelson, Taxes, Tribal, Wall Street | Leave a comment

Mixed bag in Indiana; Don’t mess with Massachusetts

One less weekend day in October helped depress casino revenues in Indiana, down 3%. However, individual property results were all over the place, making generalizations perilous. For instance, Majestic Star II in Gary was down 9%, to $5 million, but … Continue reading

Posted in Ameristar, Boyd Gaming, Election, Full House Resorts, Harrah's, Indiana, Law enforcement, Lawrence Ho, Macau, Majestic Star, Marketing, Massachusetts, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Tropicana Entertainment | Leave a comment