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Florida gambling agreement looks good except…

Florida has long been considered two distinct states: The more rural, conservative north, and the urban South Florida, anchored by Miami, Fort Lauderdale, and West Palm Beach. The three counties containing those cities total almost 6 million of the state’s… [continue reading]

Bruising document shows Walters’ defense is going ‘all in’ in federal insider trading case

Perhaps it’s too soon to use the gambling expression “all in” to describe the strategy of attorneys who are representing Las Vegas sports betting king Bill Walters in his increasingly bruising federal insider trading case, but it certainly looks like… [continue reading]

Looking for a deal on the Strip? Tips from a few experts

With restaurants run by celebrity chefs and luxury suites overlooking the Strip, some Las Vegas resorts were never intended to be value propositions. But in the era of parking fees, resort fees and the soon-to-be implemented room tax — meant… [continue reading]

The Negative Side of Promotions

I have always stressed that casinos are not non-profit businesses – at least they don’t plan to be such. And so in recent years when they started cutting video poker paytables and reducing comps and other player benefits, I chided… [continue reading]

MGM National Harbor advances good and bad casino stereotypes

It’s safe to say that descriptions of the launch of MGM National Harbor last month have been remarkable. Washingtonians flocked to the property on December 8th, all but breaking down the doors to get in. The property reported $42 million… [continue reading]

Fate of U.S. online gambling will depend on whims of President Trump

Senator Jeff Sessions, Donald Trump’s Attorney General nominee, did not mince words when questioned by online gambling opponent Lindsey Graham during his confirmation hearing Tuesday morning. While Sessions spent the entire day dodging bullets from Democratic senators, and even a… [continue reading]

Racetrack casinos: 25 years and counting?

Racetrack casinos continue to tilt more toward the “casino” and less toward the “racetrack” – and are changing their names to reflect that, which exposes plenty of issues. As last weekend’s winter meeting of the National Council of Legislators from… [continue reading]

Walters case: No longer the ‘lock of the year?’

The lock of the year — that’s what a cocky sports tout might have called the FBI’s insider trading case against legendary Las Vegas gambler Billy Walters just a few weeks ago. But as any sports bettor knows, the sure… [continue reading]

Show producers tackle new realities for new year

One door closes and another one opens. No, really. It’s not a cheesy metaphor at Cirque du Soleil. Last year, Cirque closed “Zarkana,” only the second time it shuttered a Las Vegas title. But the first one, “Viva Elvis,” was… [continue reading]

Look for further ‘Vegasization’ of Macau in 2017

Lost in some of the commentary about what’s ahead for the gaming industry in 2017 is the ongoing “Las Vegasization” of Macau. Bo Bernhard, executive director of UNLV’s International Gaming Institute, and one of the world’s leading gaming academics, talked… [continue reading]

Marketing to inner children: How Hollywood changed the slot machine paradigm

Gov. Brian Sandoval was chairman of the Nevada Gaming Commission in January 2000 when the panel enacted a ban on slot machines with cartoon themes deemed appealing to minors. “This is a remarkable and landmark day,” Sandoval said upon approval… [continue reading]

CES puts Las Vegas on the map as a place to glimpse the future

When the doors for CES close in Las Vegas on Sunday night, more than 175,000 tech industry insiders, investors and innovators will have laid eyes on mind-boggling products of the future. Televisions that measure just one-tenth of an inch, myriad… [continue reading]

Baccarat and New Year’s Eve on the Strip

Globally, the New Year is rung in with giant parties and fireworks displays.  The grandest of those pyrotechnic extravaganzas are broadcast live to the world; as the count-downs progresses across the globe viewers are treated to dazzling light shows from… [continue reading]

Hard Rock International starts Support Services company

The Seminole Tribe of Florida started off with a bingo hall in 1979, purchased Hard Rock International a decade ago, and now oversees properties worldwide. So heck, yes, they’re ready to buy in bulk. Hard Rock International Chairman James Allen… [continue reading]

Big business stories to watch in 2017

Take a gander at all those look-back stories on 2016 today. Some of us have never been so happy to see a year in the rearview mirror. But to many, the more important activity is to look forward, not backward…. [continue reading]

Some end of the year commentary from Howard Stutz

The gaming industry wasn’t lacking for news in 2016. The ongoing Caesars bankruptcy proceedings, MGM Resorts International’s REIT spin-off, the company’s opening of the $1.4 billion MGM National Harbor in Maryland, Atlantic City’s continued economic woes and the recovery of… [continue reading]

What Will Gaming Look Like in 2017?

Having gotten through a year that has seen the first post-recession casino opening and the birth of paid parking on the Strip, 2017 will likely bring even more change. The year ahead will see many shifts in gaming and hospitality… [continue reading]

Want to park free at MGM properties?

Pssst. Over here. I know how you can get free parking at MGM’s Las Vegas properties, whether you’re a local or an out-of-towner. My holiday gift to you is to share that information. Oddly enough, the answer was buried in… [continue reading]

MGM Makes a Grand Statement with National Harbor

The most important casino opening of 2016 took place in National Harbor, Maryland late on the evening of December 8th. The $1.4 billion MGM National Harbor threw open its doors and within 45 minutes was filled to capacity. MGM played… [continue reading]

From racetrack to casino: Plenty of challenges and a big learning curve

In addition to lacking the name recognition that comes from being part of gambling’s epicenter, casinos outside of Las Vegas have an additional challenge: many of them had to convert from their pari-mutuel roots. And that isn’t easy. State legislators… [continue reading]

After New Year’s, the next big show in Las Vegas is CES

Just as New Year’s Eve revelers begin rolling out of town after next week’s big party, their hotel rooms will be filled with thousands of people who will be gathering in Las Vegas for the 50th CES. The convention and… [continue reading]

Where the Grass Is Greener

Green Valley Ranch cast the mold for local casinos when it opened 15 years ago In December 2001, Las Vegas’ gaming industry needed good news. The city was in the trough of the post-9/11 recession, with visitation and construction plummeting… [continue reading]

Japan’s Big Bet on Casinos

For more than a decade, most of the action in the gaming industry has been centered on Macau. Fueled by Chinese high rollers’ seemingly insatiable desire to gamble, the former Portuguese colony—the only place gambling is legal in China—mushroomed into… [continue reading]

No Jeff, It Is Not Breaking News

Breaking news is an important topic around the campfire at CDC.  We do our best to keep gaming industry insiders up-to-date on events and issues that concern gaming.  When a story surfaces after the regular reports have been issued, it… [continue reading]

Year of Unmatched Industry Unity Produces Big Results for Gaming

This year has been incredibly consequential for gaming. A former casino owner was chosen as the next President of the United States. The casino gaming industry actively engaged in battleground states throughout the campaign season. A presidential debate was held just… [continue reading]