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Adam Fine

The gaming industry lost a giant this week. You may not find the name Adam Fine in the Gaming Hall of Fame, or on the front pages of gaming-town newspapers. Indeed, even the Las Vegas Review-Journal responded to Adam’s passing with nothing more than a one-paragraph obit. Maybe it is because Adam’s work resonated with […]

Playing for Time

It looks like Tropicana Entertainment will not go down without a fight. The casino operator that lost its license in New Jersey, put its Indiana casino up for sale to avoid an investigation there, then filed for Chapter 11 bankruptcy in Delaware, is now maneuvering to reclaim its properties.
Eldorado Resorts planned to buy Casino Aztar […]

The “Destination’s” Two-Edged Sword

We’ve heard some version of the following statement many, many times during the current economic slump:
“Gaming used to be considered recession-proof. No more.”
Actually, I would make the case that gaming itself IS still recession-proof. What is not recession-proof anymore is the casino resort industry.
That’s because the mantra, first on the Las Vegas Strip and more […]

The Trouble With Numbers

The Las Vegas Sun has pointed out an interesting component to the terrible numbers Nevada’s casinos posted in May. It appears that timing factors in very strongly to the kinds of revenues reported to the Gaming Control Board.
Statewide, casinos were down 15 percent. But that doesn’t seem to be entirely accurate. Because the month […]

On the Beach

In a heartening turn of events for Atlantic City, Pinnacle Entertainment CEO Dan Lee is now talking up long-stalled plans for the company’s Boardwalk property, where a planned billion-dollar-plus casino has been on hold for months. Maybe this thing will actually come to pass, after all.
Lee even disclosed the theme for the property, which will […]

Olympic Impressions

Normally, we would not talk about the Olympics on this site. After all, Las Vegas isn’t taking bets on any Olympic sports. You’d have to be an incredible handicapper to get an edge in any of the obscure sports that take center stage in the Olympics. There’s a little action on the internet sports betting […]

The Bader Bargain?

Atlantic City has a reputation for shooting itself in the foot, whether it’s in the gaming world or the political sphere. But when you combine the two, the city really outdoes itself for lunacy.
This week, city council expressed some urgency in getting the RFPs in order so it could proceed in the process of selling […]

Pittsburgh: What’s the Holdup?

As of this writing, no one knows the fate of the Pittsburgh slot casino. Chalk this delay up to the Pennsylvania Gaming Control Board.
First of all, this situation, in which the fate of a casino project is unknown two years after the award of the license, can be placed squarely at the feet of the […]

Platinum Parachutes?

Tropicana Entertainment is a company that seems to be in freefall, but at least it’s handing out parachutes.
Since December of last year, the Columbia Sussex subsidiary has lost operations of two of its three largest casinos, in New Jersey and Indiana. It sought Chapter 11 bankruptcy protection in May. And despite its reputation for […]

The Urban Casino Problem

If the expansion of the casino industry over the past two decades has taught us anything, it is that governments and citizens are normally more than willing to put slot machines and even other casino gambling in places where gambling already exists—namely, racetracks. People also are fairly willing to put casinos in otherwise remote locations, […]