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Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
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- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- 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
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
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- Sibella scandal spreads; Supremes forestall Seminoles - 56,456 views
- You can’t fix stupid; Good-bad news on the bayou - 56,348 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,750 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,681 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,663 views
- Profit vs. investment on the Strip - 1,055,371 views
- Lame nag; Frissora overpaid? - 578,502 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,498 views
- That casino smell - 63,615 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,228 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,820 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,207 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,864 views
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Author Archives: David McKee
Another Apollo scam; MUD-slinging
Since taking over Venelazzo, new owner Apollo Management has been behaving itself, with none of the shenanigans that characterized its ill-fated co-ownership of Caesars Entertainment. That, however, does not mean that Apollo has learned to straighten up and fly right. … Continue reading
Posted in Apollo Management, Australia, Churchill Downs, Culinary Union, Donald Trump, Election, Philippines, Politics, Star Entertainment, Station Casinos, Taxes, Virginia
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It’s my party and I’ll cry if I want to
It just so happens that I share my birthday with the notorious World War I double agent Mata Hari. Hopefully I will come to a better end than she did. I’ve been enmeshed in a huge project for CDC Gaming … Continue reading
Posted in Current
2 Comments
Maryland down, Illinois up; NFL hypocrisy; Bally’s biz
Gaming industry bears are going to latch onto a 4% drop in Maryland gambling earnings as evidence of an impending recession. Thankfully, J.P. Morgan analyst Joseph Greff puts it in context by pointing out that the $174 million haul is … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., DraftKings, Election, Entertainment, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Illinois, Maryland, MGM Resorts International, Penn National, Politics, Sports, Sports betting, Station Casinos, Virginia, Wall Street, West Virginia
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Wall Street: Station soft; DraftKings impresses, Bally’s doesn’t
“If you were surprised you haven’t been paying attention.” So wrote Deutsche Bank analyst Carlo Santarelli of yesterday’s Station Casinos earnings release. He added, “it should come as no surprise that RRR reported results that were softer than our forecasts,” which were … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Conventions, Cordish Co., DraftKings, Economy, Entertainment, FanDuel, Galaxy Entertainment, Indiana, International, Internet gambling, Kentucky, Macau, Marketing, MGM Resorts International, Nebraska, North Carolina, Ohio, Politics, Racinos, Real Estate, Sports, Sports betting, Station Casinos, Taxes, The Strip, Wall Street
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Bears and bulls at MGM; Uwazurike spells “idiot”
J.P. Morgan analyst Joseph Greff was pretty blunt about MGM Resorts International‘s mixed bag of 2Q23 numbers. “Carried by Macau,” he headlined his report, adding that the Las Vegas Strip was in line with expectations but regional casinos came up … Continue reading
Posted in Atlantic City, BetMGM, China, Colorado, Conventions, Derek Stevens, Detroit, Economy, Entertainment, FanDuel, Health, Internet gambling, Iowa, Las Vegas Raiders, Law enforcement, Macau, MGM Resorts International, Mississippi, Movies, Sports, Sports betting, The Strip, Wall Street
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Afterglow at Caesars; Trouble at Resorts World; Gridiron goof
Although Las Vegas numbers from Caesars Entertainment were modestly down in 2Q23, as people visit Sin City more but gamble less, analysts were largely pleased with the results. Why not? A robust, $64 million improvement in the digital sphere of … Continue reading
Strip flattens, locals fade; Analysts mixed on Boyd
While not as bad as Deutsche Bank expected (-8%), June revenues on the Las Vegas Strip of $727 million were a disappointment, down 1%. And May’s brief flurry of hope from Las Vegas locals players faded fast as their losses … Continue reading
Posted in Architecture, Aristocrat, Boulder Strip, Boyd Gaming, California, Downtown, Entertainment, FanDuel, Illinois, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Movies, North Las Vegas, Reno, Slot routes, Sports, Sports betting, The Strip, Tribal, Wall Street, Wendover
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Silence of the ponies; New boss for Virgin, new Mirage hope
Kentucky Derby fallout continues to reverberate around Churchill Downs, leading to a 2Q23 earnings miss. A mass die-off of horses during the Run for the Roses caused the flagship track to be closed and races shifted to Ellis Park. Cash … Continue reading
Posted in AGA, Atlantic City, Century Casinos, Churchill Downs, Cordish Co., Fontainebleau, Greenwood Racing, Hard Rock Hotel, Hard Rock International, Health, history, Horseracing, Kentucky, Louisiana, Marketing, Maryland, Mohegan Sun, North Carolina, Politics, South Korea, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, Wall Street
1 Comment
Walk of Shame; F-blue aflame; More Stitt stupidity
Shame on the District of Columbia. Its embattled leadership has yanked away $200,000 in funding for treatment of disordered gambling. You’d think that would be a priority item for a city whose government is partly funded by sports betting … … Continue reading
Posted in Cretins, Fontainebleau, Health, International, Japan, MGM Resorts International, Oklahoma, Politics, Problem gambling, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Technology, The Strip, Tribal
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Louisiana still sinking; Insult from the Lege; Japan follies
Horseshoe Lake Charles continues to prop up Louisiana casino revenues, which were down 2% last month compared to -6.5% if Horseshoe is subtracted. The statewide gross was $196 million. Visitation overall was up 3% but gamblers clutched their purse strings, … Continue reading
Posted in Apollo Management, Architecture, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, Golden Nugget, IGT, International, Internet gambling, Japan, Kansas, Lawrence Ho, Louisiana, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Politics, Rush Street Gaming, Sports betting, Station Casinos, Technology, The Strip, Tribal
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Missouri buoyant; Caesars sees no evil; Saudis denied
Gambling revenues lifted Missouri‘s riverboats 2% last month, reaching $155 million. Actual visitor spend was flat but 2% more people visited casinos, which is a more-than-acceptable tradeoff. Despite a 1% dip, Ameristar St. Charles (above) was the state leader, grossing … Continue reading
Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, DraftKings, FanDuel, Genting, Kansas, Law enforcement, LVCVA, Marketing, Massachusetts, Missouri, New York, Penn National, Phil Ruffin, PointsBet, Regulation, Rush Street Gaming, Sports, Sports betting, The Strip, Wynn Resorts
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