Category Archives: Macau

Temporary relief for Illinois; CityCenter for sale?

As a huge gambling expansion works its way through the Legislature, casino owners in Illinois must feel like condemned men awaiting the execution. At any rate, it behooves them to gather roses while yet they may. Fortunately, gamblers felt like … Continue reading

Posted in Boyd Gaming, California, CityCenter, GLPI, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Neil Bluhm, Penn National, Regulation, South Korea, Sports, Taxes, The Crown 18, Wall Street | 1 Comment

Bicycle Casino gets busted; Macao bounces back

For the second time in its history, the Feds have busted the Bicycle Hotel & Casino, in Bell Gardens, California. They’re hot on the trail of laundered money and think Bicycle was providing some drip-dry service. Agents from multilateral task … Continue reading

Posted in California, Law enforcement, Macau, Sports, The Strip, Wall Street | Leave a comment

Trump’s Amman Castle?; Wynn goes 0-for-2

Gambling is illegal in Jordan but that doesn’t stop Donald Trump. The new president’s company has renewed the trademark for a Jordanian casino. This won’t play well with religious hawks in the Hashemite kingdom, who went into full cry when … Continue reading

Posted in Donald Trump, Genting, Glenn Straub, International, Internet gambling, Japan, Macau, Revel, Steve Wynn, The Strip | Leave a comment

Raiders prompt magical thinking; Next stop: Yankton?

Boxing promoter Bob Arum has drunk deeply of the NFL-in-Vegas Kool-Aid, telling the Wall Street Journal, “Say  [the Raiders] play the Giants. It’s going to bring 20,000 people coming from New York to watch the game, clutching fistfuls of money … Continue reading

Posted in Boyd Gaming, Florida, Japan, Law enforcement, Macau, Seminole Tribe, Sheldon Adelson, South Dakota, Sports, Technology, Tourism, Westgate LV | Leave a comment

Reading Trump’s tea leaves; Paper to MGM: Give us your money — or else!

What does the nascent Trump administration bode of tribal gaming? That question is vigorously bandied about in the new issue of Global Gaming Business. Although fairly circumspect in his opinions, National Indian Gaming Association Chairman Ernest Stevens Jr. sees cause … Continue reading

Posted in California, Downtown, Economy, Entertainment, Foxwoods, history, Indiana, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, North Las Vegas, Philippines, Politics, Steve Wynn, The Mob, Tribal | Leave a comment

Trump’s Vegas Castle?; Florida Lege speaks with forked tongue

Just a few months ago, the idea of a Donald Trump-branded casino on the Las Vegas Strip would have seemed like a joke. Trump’s brand equity in gaming had dwindled to zilch and the man himself was out of gaming … Continue reading

Posted in Australia, Donald Trump, Economy, Florida, Internet gambling, Macau, Mississippi, Phil Ruffin, Politics, Racinos, Seminole Tribe, The Strip, Transportation | 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

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

More resort fees at MGM; Sands Bethlehem sold?

It was show time for the big boys at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, starting with MGM Resorts International, which had to get started by explaining why fourth-quarter numbers had been “coming in well below … Continue reading

Posted in Architecture, Atlantic City, California, Donald Trump, Economy, Hard Rock International, Harrah's, Harry Reid, Japan, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Seminole Tribe, Sheldon Adelson, Singapore, Sports, Steve Wynn, The Strip, Tourism, Transportation, Tribal, Tropicana Entertainment, Wall Street | 1 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’ highway robbery; Good news for problem gamblers

What do you do when you’ve just lost $435 million? Bust out a new round of resort fees, of course! That’s Caesars Entertainment‘s answer. Keeping up with the Joneses on the Las Vegas Strip, Caesars will implement two tiers of … Continue reading

Posted in Foxwoods, Genting, Harrah's, Japan, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mohegan Sun, Penn National, Pennsylvania, Politics, Problem gambling, Sheldon Adelson, Steve Wynn, The Strip, Transportation, Wall Street | Leave a comment

Ho taunts Adelson; Turnover at Wynn

Both Sheldon Adelson and Jim Murren have anted up $10 billion for a Japanese megaresort.  The fever is catching. Melco Crown International CEO Lawrence Ho went completely off his rocker and vowed to spend any amount whatsoever for a casino … Continue reading

Posted in Architecture, International, Japan, Law enforcement, Lawrence Ho, Macau, Melco Crown Entertainment, MGM Mirage, Regulation, Scientific Games, Sheldon Adelson, Steve Wynn, The Strip | 1 Comment

Smoke got in their eyes; Curious doings at Mohegan Sun

Macao Chief Executive Fernando Chui is denying that his government is abasing itself before casino operators even as his administration rolls out a new policy, proposed but not yet adopted, that would represent a total cave-in on Chui’s drive to … Continue reading

Posted in Cretins, Environment, Idaho, Law enforcement, Macau, Mohegan Sun, Pennsylvania, Politics, Regulation, Technology, Tribal | Leave a comment

MGM lands big fish; Black-market casino busted in Georgia

MGM Resorts International took it on the chops from Deutsche Bank analyst Carlo Santarelli, who said of 4Q16 results that they “were undoubtedly surprising, in the wrong direction in this instance as property EBITDA fell well short of forecasts, most … Continue reading

Posted in Boyd Gaming, California, Donald Trump, Dubai, Georgia, International, Internet gambling, Law enforcement, Macau, Maryland, MGM Mirage, Regulation, The Strip, Tribal, Wall Street | 1 Comment

Sports betting a political football; Lucky Dragon doing just fine

Lawmakers in Maryland are entering the fray over sports betting. Unlike their counterparts in New Jersey, they’re not challenging the federal government directly. The proposed law, as drafted, would make sports betting legal in the Free State *if* the Bradley … Continue reading

Posted in Ameristar, Boyd Gaming, Cordish Co., Delaware, Dining, Donald Trump, Georgia, GLPI, Harrah's, Hawaii, Internet gambling, Isle of Capri, Lucky Dragon, Macau, Maryland, MGM Mirage, Mississippi, Missouri, Neil Bluhm, New York, Penn National, Philippines, Pinnacle Entertainment, Politics, Racinos, Singapore, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Leave a comment

Next stop, Terre Haute

Now that ex-Gov. Mike Pence (R) has moved on to bigger and better things, casino expansion is back on the table in Indiana. The question seems to be more one of “where” than “if.” Lawmakers are warming to Dan Lee‘s … Continue reading

Posted in Dan Lee, Economy, Full House Resorts, Illinois, Indiana, International, Isle of Capri, Macau, Melco Crown Entertainment, New Hampshire, Pennsylvania, Philippines, Politics, Racinos, Slot routes, Taxes, Tribal | Leave a 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

Crescendo of criticism in Connecticut; Adelson has solid 3Q17

“These legislators have it right, and they are proposing what Connecticut should have done from day one: put in place a process that is fair, open, transparent, reliable, and competitive,” said MGM Resorts International spokesman Alan Feldman, as opposition to … Continue reading

Posted in California, Donald Trump, Election, Foxwoods, Macau, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, Politics, Sheldon Adelson, Singapore, The Strip, Tribal | Leave a comment

Wynn Palace a work in progress; Hawaii ponders i-gaming

Wall Street analysts were pleasantly surprised by the latest results from Wynn Palace, which exceeded expectations. As JP Morgan analyst Joseph Greff wrote, the Palace “has reconfigured the main casino floor (mass market), adding new slot/poker sections and opening up … Continue reading

Posted in Delaware, Economy, Hawaii, Internet gambling, Macau, Massachusetts, Neil Bluhm, Nevada, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, Technology, The Strip, Wall Street | Leave a comment