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Delaware Blues

There was dismay, disgust and utter shock last week in Delaware, when a federal appeals panel went beyond what it was asked to do and ruled on the merits of the lawsuit filed by sports leagues to stop a sports betting plan for the state’s racinos. As you probably know, the court held that Delaware’s […]

They Just Don’t Get It

Politicians in states that are considering or have just approved gaming often display their ignorance of the way our industry works, and how it can prosper. Sometimes, when new jurisdictions approve casino gaming as a way to raise revenue, their expectations are perplexing. Other times, they’re downright maddening.
Maryland is a perfect example. One Maryland state […]

The Prodigal Son

Atlantic City is the birthplace of many casino executives around the world; the place where many of them learned their chops and/or got their big break in the gaming business. Terry Lanni, Bill Weidner, Brad Stone, Gary Selener, Felix Rappaport, Jim Perry, Larry Mullin, Tim Wilmott, Dean Macomber, Virginia McDowell, Len DeAngelo, Keith Crosby… the […]

Duel in the Sun: The Jimmy Buffett Wild Card

The corporate bondholders of Trump Entertainment Resorts have made an interesting counter-offer in the battle to gain control of three bankrupt casinos in the shore resort of Atlantic City.
While former Chairman Donald Trump and his financier have offered $100 million in cash for Trump Taj Mahal, Trump Plaza and Trump Marina (below), the beleaguered bondholders–who […]

Skewed Stats

Anti-gaming activists in Maryland were abuzz last week when a study from Ball State University of the West Virginia racino industry appeared to show that low-paying jobs in racinos drag down the average salaries of the surrounding areas.
The study examined counties in West Virginia with racinos, and measured the average salaries, and reached the conclusion […]

Trump’s Triumphant Return?

It looks like Atlantic City has regained its most celebrated spokesman. On Monday night, news broke that Donald Trump—real estate mogul, reality TV star, and once and future casino tycoon—will buy his way back into the New Jersey gaming industry.
In February, the former chairman of the board left in what used to be called “a […]