Overall, I find the political debates in Massachusetts around whether to build Las Vegas style casinos kind of sad. There are already so many choices for Massachusetts residents who want to gamble. Its a short drive to casinos such as Mohegan… Continue Reading
MGM Resorts and Penn National Gaming have reportedly donated $1.8 million to a political group “The Committee to Protect Massachusetts Jobs”, which will lobby to defeat a bill that would repeal the resort casino proposal in Massachusetts. The amount of… Continue Reading
Activist investors see real estate as key to Pinnacle, Boyd
Game of poker over Caesars Entertainment heads to the courts – FT.com
In an effort to rationalize its balance sheet, Caesars Entertainment floats the idea of spinning off its players club. Bondholders aren’t happy. Caesars owners seek to split off loyalty program
Caesars Makes Deal to Reduce Debt by $548 Million
With a mountain of debt weighing it down, can Caesars Entertainment ever dig itself out organically? I bet the strategy Caesars’ hedge fund controlling shareholders will take includes long legal skirmishes that will eventually whittle down all interests. Caesars will be… Continue Reading
Las Vegas watchers will be particularly excited about the recent annoucement that Crown Resorts plans to develop the former Last Frontier land on the strip. While Phil Ruffin collects income from Treasure Island, he must watch with some interest how the… Continue Reading
The article below highlights the potential growth of online gaming for Boyd Gaming, especially since the Borgata leads NJ online revenue. But boosters of online gaming revenue fail to notice that online revenues represent a tiny fraction of Boyd’s overall… Continue Reading
