Casino Connection Atlantic City

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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 […]

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 […]

Icahn Could Get A Bargain in Trop Deal

The “For Sale” sign in front of Atlantic City’s fabled Tropicana Casino could be coming down any time now. A group of lenders that includes billionaire financier Carl Icahn, onetime owner of the Sands in Atlantic City, have offered $200 million for the landmark casino, which includes New Jersey’s biggest (2,100-room) hotel.
The figure is hardly […]

Not So Super Sunday

The Super Bowl is coming up this weekend, in case you’ve been living under a rock. And the outcome could deliver yet another painful blow to Nevada’s struggling gaming industry.
While it might seem unlikely that the Cardinals will actually win, if they do sports books are going to be paying a lot of winners, and […]

The Union Stake

Next week’s national election in the U.S. will hold a great deal of importance for some of the gaming industry. Votes in Colorado, Missouri, Arkansas, Maine, Ohio and Guam will impact those states and the companies operating in those states.
On the presidential front, the gaming industry has poured thousands of dollars into the coffers of […]

An Interesting Promotion in Las Vegas

I just got word that comedian George Wallace is running a promotion through November 11 allowing people who vote early to receive a free ticket to his show at the Flamingo. It’s easy to take advantage of, too. All people have to do is bring their “I Voted” sticker to the Flamingo box office and […]