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Archive for May, 2009

The Power of the Brick Wall

The East Coast Gaming Congress was held last month, and when it came to the future of gaming in Atlantic City, speakers there fell into several categories: the out-and-out cheerleaders and the harbingers of doom. The yay-sayers and the naysayers. The daydream believers and those who think we’re in the epicenter of a perfect storm.
The […]

Little Town of Bethlehem

Bethlehem, Pennsylvania has not been a place that has offered a lot of hope for most of the past 14 years. Before the 1990s, it had been the site of the steel works that had helped arm the Allied Forces in World War II, and had provided employment to generations of residents of Pennsylvania’s Lehigh […]

Getting Its Cut

The National Football League hates gambling… unless it can get a cut of the action. There is really no other way to say it.
It’s always been blatant hypocrisy. For years, the NFL (and other professional sports leagues and college sports programs) has cried “foul” whenever any state or online entity wanted to legalize sports betting. […]

Craps Crown

A woman at the Borgata this weekend crushed the record for a craps roll. Now craps is the one gaming I never worked when I was a dealer (not counting all the “exotic” table games we see today), but it is the only game I really enjoy playing these days, probably because I never had […]

Clash of the Titans

( Nevada )

Gaming is integral to the success of Nevada. As the gaming industry goes, so goes the state. Or at least that is the common conception.It is true that gaming/hospitality is the largest industry in the state generating somewhere between $8 billion and $12 billion annually and paying anywhere between $540 million and $800 million a […]

Kirk To The Rescue

The wild card in the MGM Mirage difficult refinancing deal has always been the majority shareholder Kirk Kerkorian and his Tracinda Corp. Although the master investor has stumbled a bit lately with his losses in the U.S. automobile sector, he has always held the key to the success of MGM Mirage.
He was reportedly the man […]

Sanity in Maryland? Not Yet

There was a slither of good news this week coming out of Maryland, where the politicians all but torpedoed the nascent slot industry before it even started by setting a ridiculous tax rate.
The good news? It looks like there actually will be a casino in the city of Baltimore that will be large enough to […]

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) […]

Motown Madness

There are a few gambling jurisdictions that are close to my heart. First, there’s my hometown of Atlantic City. Then there’s Mississippi, which I visited long before gaming and feel like it’s my second home. And then there’s Detroit.
The first time I went to Detroit was in 1994. It was for a casino opening, but […]