Casino Connection Atlantic City

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Could Sports Bets Save Caesars Windsor?

A Canadian lawmaker is pushing single-event sports betting as a solution to slumping revenues at Caesars Windsor in Ontario, one of the region’s largest employers. Last October, Caesars laid off 120 employees, citing a “softening of business,” and union officials fear more losses if […]

Taking It To The Streets

In the last year, we’ve seen gaming disappear from Russia and Ukraine. Tough anti-gambling laws were enacted in Poland that dramatically shrunk the size of the gaming industry there. And in Bulgaria, the tax rate was raised.
        
While there are multiple reasons for these […]

Anti-Gaming Mantra

Put on a new song, will you?
Every time gaming expands into a new area, or in a newly legalized form, we hear the same arguments—the same wrong, misguided notions—from people who are opposed to gaming. Now, I’ve got no problem with people who are opposed to gambling on moral grounds. I may not hold the […]

Are Dealers Really That Stupid Or That Unhappy?

Last week, the dealers at Caesars and Bally’s in Atlantic City voted to strike the two casinos for failing to reach an agreement with their union, the United Auto Workers (UAW). My first reaction was that they must be incredibly stupid to vote to strike in this economic environment. But then my second thought was […]

30 Years

I had a meeting with Dan Nita this week. Dan is the chief of the four Harrah’s properties in Atlantic City, and he mentioned that it was 30 years this week since Caesars opened. I was surprised but I guess I shouldn’t have been. After all, last year we did a complete story about the […]

Will Mohegans Migrate South?

It’s been more than seven years since racetrack casinos were legalized in New York City. But the concept, which won government approval just weeks after the 2001 terrorist attacks, remains just that–a concept, a vision, a maybe, a maybe not. An uncashed check.
Given its prime location in Queens borough, the planned racino at Aqueduct (below) […]

Carrot-and-stick game with South Florida Seminoles

Last Tuesday, a sweeping majority in the Florida House voted to approve legislation that would limit expansion of gaming at seven Seminole tribe casinos, expand gaming somewhat outside South Florida, and also give a few much-needed breaks to the parimutuel industry.
The next day, the Seminoles, arm-in-arm with their business partner, Governor Charlie Crist, dropped a […]

Tribes look to Obama for policy shift

The St. Regis Mohawk tribe of New York State spent more than a decade planning a casino for the Catskill Mountains. But  in 2008, just as George W. Bush prepared to leave office, the project was deep-sixed by then-Interior Secretary Dirk Kempthorne. Kempthorne, like George W., opposed off-reservation gambling.
Now that Dirk and W. have left […]

No Stone Unturned

The other shoe dropped today at Las Vegas Sands. Brad Stone, the second-in-command to former COO Bill Weidner, resigned, making it two of the three execs to leave who joined Sheldon Adelson 13 years ago at the company’s beginnings.
Weidner was ejected by Adelson two weeks ago in the culmination of a long-time feud between the […]

Back to the Basics

One of the reasons I have little or no respect for politicians is that they don’t even know basic math.
Just look at Congress debating the so-called Stimulus Bill. There are reports out today that if this bill goes through, Americans are on the hook for more than $9 TRILLION! Now that’s not all in this […]