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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,671 views
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,829 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,219 views
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Author Archives: David McKee
New look at Bally’s; Ohio hits a speed bump
Our East Coast correspondent visited Bally’s Atlantic City to check out its revisions and we’ll let his photos tell the story:
Smoke signals in Atlantic City; Discontent in Las Vegas
Atlantic City gambling halls like Ocean Casino Resort (pictured) may get a summer’s reprieve from a smoking ban, as the New Jersey legislative session winds down without resolution on the contentious issue. Even if both chambers were to vote by … Continue reading
Atlantic City casinos blow smoke
With a mealy-mouthedness that is becoming all too familiar, Atlantic City casino operators took advantage of the Covid-19 pandemic to plead poverty, warning of “grave danger” to their businesses unless they got tax cuts yesterday. One of their arguments was … Continue reading
Atlantic City souvenirs
We’re feeling under the weather today, so we’re subletting S&G to our East Coast bureau. It reports that Harrah’s Philadelphia, a casino with all the charm of a warehouse, is looking to change its image. Coming later this month, it … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Entertainment, Golden Nugget, Ocean Resort, Pennsylvania
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Bally’s bans smoking (sorta); Purge at Cosmo; Aussie renegades
Two and a half cheers for Bally’s Corp., which has banned smoking at table games at its two Rhode Island casinos. We’ll throw in the other half-cheer when Bally’s nixes smoking in all gambling areas. (Ironically, the company is part … Continue reading
Posted in Atlantic City, Australia, Bally, Chicago, CityCenter, Cosmopolitan, Crown Resorts, Health, Internet gambling, Law enforcement, Macau, MGM Resorts International, Michigan, Money laundering, Politics, Regulation, Rhode Island, Sports, Star Entertainment, United Kingdom
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Atlantic City prospers; Inflation vs. gaming: Which prevails?
Liar, liar, pants on fire. That’s what we say to Atlantic City casino executives who predict the coming of the Apocalypse is smoking is banned in their premises. First-quarter gross operating profits were up even by pre-pandemic standards, which hardly … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Canada, Conventions, Dan Lee, Detroit, DraftKings, Economy, Election, Gary Goett, Golden Nugget, Hard Rock International, Internet gambling, Iowa, Kansas, MGM Resorts International, Minnesota, Mohegan Sun, Nebraska, New York, Ocean Resort, Peninsula Pacific, Penn National, Philippines, Politics, Sports betting, Taxes, Technology, Tourism, Transportation, Tribal, Wall Street
1 Comment
Boardwalk bulletin
Our East Coast correspondent paid a midweek visit to Borgata and saw relatively few slot players (despite a very attractive slot floor, above) but three busloads of conventioneers. Seems that a conclave of prosecutors was being held at the MGM … Continue reading
Chicago casino doesn’t compute; Diller dinged; Boardwalk brouhaha
Sometime today, Chicago Mayor Lori Lightfoot (D) is expected to ramrod her choice of Bally’s Corp. through the City Council. Why the unseemly haste? Lightfoot desperately covets Bally’s $40 million in upfront money to prop up the Windy City’s tottering … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, California, Chicago, Diversity, DraftKings, Economy, Hard Rock International, Illinois, Macau, MGM Resorts International, Nevada, Ocean Resort, Politics, Regulation, Security, Slot routes, Taxes, The Mob, The Strip, Tribal, Unite-Here, Wall Street, Wisconsin
1 Comment
George of the Year; Kansas ayes sports betting, Missouri not
It’s only May but we have to give the nod to The Cosmopolitan of Las Vegas. Outgoing owner Blackstone Group graced all employees with $5,000 bonuses, an incredibly generous gesture. Blackstone certainly didn’t have to do it but they did … Continue reading
Posted in Australia, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Chicago, Cosmopolitan, Crown Resorts, Full House Resorts, Hard Rock International, Illinois, Indiana, Internet gambling, Kansas, Kazuo Okada, Macau, Marketing, MGM Resorts International, Missouri, Penn National, Phil Ruffin, Philippines, Politics, Rush Street Gaming, Security, Slot routes, Sociedade de Jogos de Macau, Sports betting, Star Entertainment, Virginia
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Letter from Atlantic City
Our East Coast correspondent writes, “As of [May 4], everyone in New Jersey has to bring their own bags when they purchase almost everything. Single-use plastic and paper bags are gone, except for stores less than 2,500 square feet in … Continue reading
Wynn treads water, IGT overachieves, Ohio and Missouri flatten
Pay no attention to the man behind the curtain (Xi Jinping). That was the message of Wynn Resorts‘ first-quarter earnings call. Some analysts weren’t having it, with Deutsche Bank‘s Carlo Santarelli opining that Macao was “the real story.” That being … Continue reading
Posted in Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dan Lee, Economy, Full House Resorts, Hard Rock International, Health, IGT, Illinois, International, Internet gambling, Jack Entertainment, Lotteries, Macau, Maryland, Massachusetts, MGM Resorts International, Missouri, New York, Ohio, Oklahoma, Penn National, Real Estate, Regulation, Sports, Sports betting, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts
3 Comments
Meet Lori Leadfoot; Flamingo shopped
A comedy of errors is playing out in Chicago. After Mayor Lori Lightfoot (D) was reported by the Chicago Sun-Times to have gift-wrapped the winning bid for Bally’s Corp., Her Honor immediately backpedaled, saying, “We have a very specific process, … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Economy, Hard Rock International, Illinois, Indiana, Michigan, Nebraska, Neil Bluhm, Ocean Resort, Planet Hollywood, Politics, Real Estate, Regulation, Rush Street Gaming, San Manuel Band of Mission Indians, Slot routes, Sports betting, The Strip, Tilman Fertitta, Tribal
1 Comment
Caesars, Station fulfill expectations; Flamingo to be sold; Chicago: It’s Bally’s
Analysts on Wall Street are going to be ratcheting up their forecasts for Caesars Entertainment for the remainder of 2022. Or so says Deutsche Bank analyst Carlo Sanatarelli. The Roman Empire’s 1Q22 cash flow of $296 million exceeded The Street’s … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Conventions, Economy, Hard Rock International, Illinois, Indiana, Internet gambling, Louisiana, Palms, Politics, Rush Street Gaming, Sheldon Adelson, Sports betting, Station Casinos, Technology, The Rio, The Strip, Wall Street
3 Comments
MGM beats forecast, makes overseas play; California controversy
According to Deutsche Bank analyst Carlo Santarelli, the 1Q22 numbers for MGM Resorts International were “better than forecast” in Las Vegas and regionally, nor as bad as expected from Macao. Losses from BetMGM were worse than anticipated. Santarelli predicted cash … Continue reading
Posted in BetMGM, Boyd Gaming, California, Canada, Card rooms, Cosmopolitan, Dining, Downtown, DraftKings, Economy, Election, Entertainment, FanDuel, Hard Rock International, International, Internet gambling, Japan, Macau, Maine, MGM Resorts International, New York, Pennsylvania, Politics, Resorts World LV, Sports betting, Taxes, The Mob, The Strip, Tourism, Transportation, Tribal, Virginia, Wall Street
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