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  • Resort Fees, Full Disclosure and Customer Satisfaction
    The practice of imposing mandatory resort fees has been getting a fair amount of attention lately.  The attorneys-general in the District of Columbia and Kansas are suing Marriott and Hilton over them, MGM is raising its fees in Las Vegas and the CEO of Caesars issued a warning that the… Read more »
  • Hong Kong and Macau: Demonstrations and Celebrations
    Macau is preparing to celebrate the twentieth anniversary of its reunion with Mainland China after four hundred years under Portuguese control.  The celebration is scheduled for December; China views it as a significant milestone.  Chinese President Xi Jinping is planning to be on hand to make speeches, congratulate everyone and… Read more »
  • Caesars & Eldorado Merge: Icahn and Reno Celebrate.
    It happened just as Carl Icahn wanted. Eldorado bought Caesars and is bringing the company formerly called Harrah’s back to where its life began.  The merger was not unexpected. Still, on Monday, June 24th, when the announcement came it pushed all other gaming stories off the front page, even the… Read more »
  • John James – Fortifying for the Casino Wars of the 21st Century
    Foxwoods Resort Casino in Ledyard, Connecticut, owned by the Mashantucket Pequot Tribal National has hired John J. James as CEO.  He is to begin in August. Foxwoods has been without a permanent CEO since Felix Rappaport died in June 2018; the tribal chairman has been the acting CEO in the… Read more »
  • Who will Build New Casinos in Pennsylvania, Illinois and Indiana?
    Pennsylvania passed a massive gaming expansion bill in 2017.  The bill authorized ten mini casinos, slot machines in truck stops and online gambling.  The legislation required a separate auction for each of the ten mini casinos.  Lawmakers envisioned a lively competition, resulting in a windfall for the state.  The auctions… Read more »
  • Caesars & Eldorado Merge: Icahn and Reno Celebrate.
    It happened just as Carl Icahn wanted. Eldorado bought Caesars and is bringing the company formerly called Harrah’s back to where its life began.  The merger was not unexpected. Still, on Monday, June 24th, when the announcement came it pushed all other gaming stories off the front page, even the… Read more »
  • Illinois and its Neighbors are Set to Be Transformed
    On Sunday, June 2nd, at the last possible moment, the Illinois legislature passed a massive gambling expansion bill.  Adding more gaming is a perennial issue for Illinois lawmakers, politicians and would-be operators.  Each year, the governor, mayor of Chicago, racetrack, casino and VLT operators have a wish list for the… Read more »
  • Win, Profit and A Front-Man: Finding the Correct Words
    The casino industry gets its fair share of media coverage.  At times, the coverage is very good and factually correct. The newspapers in Las Vegas, Atlantic City, Springfield, Massachusetts, Hartford, Connecticut and in the major cities in California have become expert observers of the industry.  In other locations, the coverage… Read more »
  • Wynn and MGM: Life in a Glass House
    The biggest news in the gaming world for five days in May was the sale of Wynn Resorts’ Encore Boston Harbor to MGM Resorts International.  The Boston Globe broke the story on May 17th, a Friday, in the late afternoon.  By Wednesday morning, May 22nd, both companies had released statements… Read more »
  • A Derby to End all Derbies
    The May 4th Kentucky Derby was first of three horse races that constitute the Triple Crown.  It was squeezed into a very busy weekend that included Cinco de Mayo, the beginning of Ramadan, the National Hockey League championships and the NBA finals.  Horse racing seldom makes the national news, except… Read more »
  • What Is A Regulator’s Job?
    Gambling regulators in Louisiana, New Jersey and Massachusetts have some big issues on their plates and no one is quite sure what to expect.  Big issues in regulation are not uncommon in gaming.  Casino gaming is a highly regulated industry and regulators play very prominent roles.  As conditions change and… Read more »
  • A Tale of Tunica’s Decline
    The Resorts Casino in Tunica, Mississippi is scheduled to close on June 30th.   It will be the third casino to close in Tunica since 2014.  The Roadhouse closed in January of this year and Harrah’s Tunica in 2014.  Tunica has been on a long downward slide caused by competition from… Read more »
  • What is Going on in Macau These Days?
    In March, casino revenue in Macau fell .4 percent to $3.2 billion; in February revenue was up 4.4 percent and in January down 5 percent.  VIP win was down 10 percent for the first quarter and mass-market win was up 8 percent. Predictions for the rest of year vary, but… Read more »
  • Caesars Is for Sale: Let The Buyer Beware
    Oh, once mighty Caesar, what has befallen thee? Caesars Entertainment, once the strongest of casino companies appears to be nearing its end.  Since December Carl Icahn has acquired nearly 20 percent of the stock of Caesars Entertainment.   Icahn thinks the company is underperforming and the stock undervalued.  To rectify the… Read more »
  • Gambling on Sports: The Flood Gates are Open
    The national gaming narrative is being kidnapped by the legalization of sports gambling.  It has been less than a year since the Supreme Court ruled the Professional and Amateur Sports Protection Act of 1992 is unconstitutional.  Sports betting has leaped from the exclusive territory of Nevada casinos onto the national… Read more »

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