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Category Archives: Neil Bluhm
Fourth Massachusetts casino mulled; Hard Rock making hard sell in Japan
While the Boston Globe may call it a “baby step,” the Massachusetts Gaming Commission is doing the right thing by means-testing the market before awarding a full-scale casino license in the southeastern part of the Bay State, which looks pretty … Continue reading
Posted in Environment, Hard Rock International, Japan, Massachusetts, Mohegan Sun, Neil Bluhm, Penn National, Regulation, Rush Street Gaming, Tribal, Virginia, Wynn Resorts
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Massachusetts: No more casinos; Gilbert sells again
Citing an obvious saturation (already) in the Massachusetts market and the possibility of a tribal casino in Taunton or on Martha’s Vineyard, the Massachusetts Gaming Commission punted the award of the state’s final casino license into the indefinite future. In … Continue reading
Posted in Atlantic City, Caesars Entertainment, Dan Gilbert, Donald Trump, Genting, Indiana, International, Internet gambling, Las Vegas Sands, Maryland, Massachusetts, Neil Bluhm, Ohio, Penn National, Politics, Problem gambling, Racinos, Regulation, Singapore, Tribal
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Police blotter; Brockton gets shut out
Hawaii is one of the last two bastions of anti-gambling in America. Naturally, in such an environment, illegal gambling is going to flourish. Last week federal authorities indicted 15 individuals (seven of whom are on the lam) and seized 60 … Continue reading
Posted in Canada, Charity, Florida, Hard Rock International, Hawaii, Illinois, Law enforcement, Marijuana, Massachusetts, Money laundering, Neil Bluhm, Racinos, Regulation, Taxes, Tribal, Wynn Resorts
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Massachusetts: Isn’t that special?
Although the Boston Globe gets a bit overheated about Tom O’Connell aspirations for a Region C casino they don’t get it wrong when they say O’Connell and associates “want to rewrite the rule book to suit their needs.” That means, … Continue reading
Posted in Colorado, Hooters, Horseracing, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mississippi, Neil Bluhm, New York, Oregon, Paragon Gaming, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Station Casinos, Technology, Tribal, Wynn Resorts
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What if they built a megaresort and nobody came?
Resorts World Catskills made it into the New York Times and not in a good way. A feature story focused on the $1.2 billion megaresort’s financial difficulties, caused in part by nine-figure loans. Empire Resorts says the casino does not … Continue reading
Churchill Downs’ bet pays off; Mob up at El Cortez
JP Morgan‘s Daniel Politzer expects Churchill Downs to be a winner thrice over in Illinois: first, a lower tax rate on table games, starting in 2020; second, a potential 800 additional gaming positions at Rivers Casino Des Plaines (which will … Continue reading
Posted in Churchill Downs, Downtown, El Cortez, Horseracing, Illinois, Massachusetts, MGM Mirage, Neil Bluhm, New York, Politics, Racinos, Rush Street Gaming, Taxes, The Mob, Wall Street, Wynn Resorts
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Caesars deal takes shape; Carlino out at Penn
We hope Anthony Rodio isn’t getting too comfy in his CEO chair over at Caesars Entertainment. News reports have been heating up about at Caesars takeover, with Eldorado Resorts continuing to have the inside track and reportedly planning to replace … Continue reading
MGM, Eldorado, Churchill Downs looking up
Credit Suisse‘s Cameron McKnight flew out to San Francisco to meet with MGM Resorts International CEO Jim Murren. The biggest headline item would be the eccentricity of Murren choosing to meet in Frisco rather than at MGM HQ in Las … Continue reading
Posted in Architecture, Atlantic City, Caesars Entertainment, Churchill Downs, DFS, Eldorado Resorts, history, Horseracing, Illinois, Internet gambling, Louisiana, Marketing, Maryland, Massachusetts, MGM Resorts International, MTR Gaming, Neil Bluhm, Ocean Resort, Resort fees, Rush Street Gaming, The Strip, Wall Street
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Bluhm’s big push; Gary dissed; Oscar betting debuts
Neil Bluhm isn’t waiting like some blushing wallflower for the Massachusetts Gaming Commission to approve him for a casino in Brockton. He’s spent $430,000 on Beacon Hill to make his $700 million casino project in reality. To put that in … Continue reading
Posted in Ameristar, Architecture, Caesars Entertainment, Cirque du Soleil, Economy, Entertainment, Genting, Indiana, Iowa, Law enforcement, Majestic Star, Massachusetts, Movies, Neil Bluhm, Penn National, Politics, Regulation, Rhode Island, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal
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Tunica blues; Monticello racino folds early
“An aquatic center? A practice soccer field? They could have reconstructed this entire neighborhood.” So says Tunica resident Larry James of the misguided priorities that are leaving the county high and dry as the casino boom implodes. It certainly seems … Continue reading
Atlantic City sparks controversy; Resort fee change at Cosmo
Faced with a 9% drop in operating profit at Atlantic City casinos, pundits are squaring off as to whether this means doom for the laggards. Analyst Tony Marino told The Press of Atlantic City that it “might be wise to … Continue reading
Arkansas to vote on casinos; Baldwin leaves MGM
Driving Arkansas Forward, the ballot initiative to legalize casinos in Arkansas, will continue to proceed now that the Arkansas Supreme Court has slam-dunked two challenges to the referendum. Religious group Ensuring Arkansas Future claimed that the ballot language was too ambiguous … Continue reading
Posted in Arkansas, CityCenter, Culinary Union, Election, Entertainment, Galaxy Entertainment, Macau, Massachusetts, MGM Resorts International, Neil Bluhm, Politics, Regulation, Rush Street Gaming, Sports, Tribal, Vdara Death Ray, Wynn Resorts
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Mashpee in for fight of their lives
“Thank God that’s not the test of whether or not people have rights in this country or not, whether or not they pass your look test.” That’s what then-Rep. George Miller (D) said to Donald Trump when the latter was … Continue reading
Posted in Donald Trump, history, Massachusetts, Neil Bluhm, Politics, Regulation, Tribal
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MGM, Boyd make sports-betting pact; Win-win for Dover Downs
“We are in an envious position when it comes to this growth opportunity. Few companies can match our 40 plus years of experience in sports wagering, our significant sports betting infrastructure here in Nevada and our growing geographical footprint across … Continue reading
Posted in Arkansas, Colorado, Delaware, Election, Greenwood Racing, Illinois, Indiana, Internet gambling, Iowa, Kansas, Louisiana, Massachusetts, MGM Resorts International, Mississippi, Missouri, Neil Bluhm, Ohio, Pennsylvania, Racinos, Regulation, Rhode Island, Sports betting, Taxes, Tribal, Wall Street
1 Comment
Neanderthals target Wampanoags; Pinball Hall on the move
A strange, one-third-of-a-page ad appeared in the July 19 edition of The Hill. “For over 30 years,” it huffed, “the Mashpee Wampanoag Indian Tribe sought federal recognition for the specific purposes of opening a CASINO [Horrors! — Ed.] — in … Continue reading
Posted in California, Donald Trump, Entertainment, Massachusetts, Mohegan Sun, Neil Bluhm, Politics, Regulation, Riviera, The Strip, Transportation, Tribal
1 Comment
Congress hearts Massachusetts tribe; Who let the dogs out?
Against all odds, a bill to clear away legal challenges to the Mashpee Wampanoags and their Project First Light is set to be heard in the U.S. House of Representatives. A star-studded hearing has been set up by Rep. William … Continue reading
Posted in Animals, Macau, Massachusetts, Neil Bluhm, Politics, Rush Street Gaming, Tribal
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Warren sides with Wampanoags; Vdara dances The Robot
Sen. Elizabeth Warren (D) has waded into the Brockton-vs.-Taunton fight for a tribal casino. She’s introducing a bill that would circumvent the inactive Bureau of Indian Affairs and smooth the path of the Mashpee Wampanoags. While we have nothing against … Continue reading
Posted in Caesars Entertainment, California, CityCenter, Genting, Hard Rock International, Japan, Massachusetts, Neil Bluhm, Politics, Regulation, Rush Street Gaming, Taxes, Technology, The Strip, Tribal
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Big day in New Jersey; Atlantic City slips
Sports betting in New Jersey will go off as planned. As I write this, Monmouth Park is 20 minutes away from taking its first wager, presumably placed on the World Cup by Gov. Phil Murphy (D). “I’m thrilled to be doing … Continue reading
Illinois doldrums; The dog ate her homework
Although all but two of its casinos were revenue-negative last month, Illinois gaming revenues were flat. The primary driver was Rivers Casino in Des Plaines, leaping 11% to $42 million (or over 1/3 of the state’s $120 million gross). Long-suffering … Continue reading
Posted in Boyd Gaming, e-sports, Florida, GLPI, Harrah's, Illinois, Neil Bluhm, Penn National, Taxes, Tribal
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Atlantic City: Calm before the storm; Stormy weather in Louisiana
Atlantic City was stable last month, defying an unfavorable calendar (one less weekend day) and grossing $191.5 million, while online gambling had its second-best-ever month, pulling in $23 million (+10.5%). Slot handle was down 3.5%, as was revenue, while a … Continue reading
Posted in Atlantic City, Boyd Gaming, Bruce Deifik, Columbia Sussex, Dan Gilbert, Detroit, Eldorado Resorts, GLPI, Greenwood Racing, Hard Rock International, Harrah's, Illinois, Internet gambling, Isle of Capri, Louisiana, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Slot routes, Tilman Fertitta, Tropicana Entertainment
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