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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 - 56,485 views
- You can’t fix stupid; Good-bad news on the bayou - 56,375 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,773 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,706 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,686 views
- Profit vs. investment on the Strip - 1,055,374 views
- Lame nag; Frissora overpaid? - 578,516 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,504 views
- That casino smell - 63,622 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,258 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,848 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,235 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,895 views
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Author Archives: David McKee
Quote of the Day
“Now you have a situation in which large swaths of the country genuinely believe that the Democratic Party is a front for a pedophile ring. This stuff takes root. I was talking to a volunteer who was going door-to-door in … Continue reading
Posted in Current, Donald Trump, Politics
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Uneasy lies the head that wears Crown; IGT’s cautious future
Executives at Crown Resorts had better rethink that scheme to buy Sheldon Adelson‘s Las Vegas assets. The company, which has played fast and loose with money-laundering rules, has been provisionally denied permission to open its multibillion-dollar casino in Sydney. Regulators … Continue reading
Sports betting boffo in Illinois; Structural shift at Churchill Downs
Illinois gamblers can’t seem to find their way to a casino nowadays—but they love themselves some sports betting. The state has reached $300 million in handle faster than any in U.S. history—$305 million and change during September. “Illinois’ launch in … Continue reading
Posted in Boyd Gaming, Churchill Downs, DraftKings, FanDuel, Health, Horseracing, Illinois, Internet gambling, Kentucky, Massachusetts, MGM Resorts International, New Jersey, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Wall Street, Wynn Resorts
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Cirque sacrifies “Zumanity”; Gaming recovery vs. Covid
Covid-19 has claimed its first Cirque du Soleil casualty. Zumanity has gone permanently dark at New York-New York. We’ll miss the sexually charged show, which logged 7,700 performances in 17 (!) years. “We’re grateful to the cast, crew and team … Continue reading
Quote of the Day
“The only way this stops is if people rise up. You get what you accept.”—neuroradiologist and White House Covid czar Scott Atlas, encouraging resistance to anti-viral restrictions in Michigan, where cases are through the roof. (Casinos there close tomorrow.)
Horseplay in Massachusetts and Monday mega-jottings
At age 86, horse owner Armand Janjigian is as alive and kicking as the thoroughbreds he wants to race in Massachusetts. No, he doesn’t have a track but he’s busily snapping up land for one. He’s also going to need … Continue reading
Posted in California, Card rooms, Churchill Downs, Crown Resorts, Detroit, DFS, DraftKings, Economy, Election, FanDuel, Galaxy Entertainment, Golden Nugget, Health, Horseracing, Illinois, International, Japan, Las Vegas Raiders, Las Vegas Sands, Lotteries, Macau, Massachusetts, MGM Resorts International, Nebraska, New York, Penn National, Politics, Racinos, Regulation, Scientific Games, Sports, Sports betting, Taxes, The Strip, Tourism, Wall Street, Wynn Resorts
2 Comments
Quote of the Day
“We learned a lot from our Macao experience. I think we took that impending pandemic a little bit more seriously than some people who didn’t have the same experience that we had. We knew from the Macao experience, and the … Continue reading
Posted in China, Health, Macau, Wynn Resorts
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Quote of the Day
“This will further cripple the industry and may have a very negative long term impact if a casino does not survive this. Since the [Covid-19] virus tends to grow during the colder weather, allowing conventions anytime soon will probably not … Continue reading
Posted in Atlantic City, Conventions, Economy, Health
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Atlantic City looking good but casinos gripe
An extra weekend in October was just what the doctors ordered for Atlantic City, where casino revenues were down just 8% last month, while sports betting surged 26%. Casinos took in $186 million and sports books $58.5 million. Internet gambling … Continue reading
Busted!; Sisolak gets sick
If you held out any hope that Project First Light in Taunton would every see day, you can forget about it. The disenrolled Mashpee Wampanoags got slammed with some bad news yesterday as tribal Chairman Cedric Cromwell and Rhode Island … Continue reading
Posted in Donald Trump, Economy, Election, Genting, Health, Internet gambling, Law enforcement, Massachusetts, Nevada, Tribal
2 Comments
Gaming slows across Midwest … except in Ohio
Caesars Entertainment CEO Tom Reeg must have dropped some extra-potent LSD before his last investor call. His comments were summarized by one auditor as, “When we get into a Post-COVID world Pent-Up demand you’re going to see for Gaming And … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Dan Gilbert, Detroit, DraftKings, Economy, FanDuel, Full House Resorts, Golden Gaming, Hard Rock International, Indiana, Las Vegas Raiders, Maryland, MGM Resorts International, Ohio, Penn National, Spectacle Entertainment, Sports, Sports betting, Twin River, West Virginia, William Hill
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Station, DraftKings, Macao all looking up
So much news … where to begin? Station Casinos got a thumbs-up from analysts at JP Morgan who met with the Fertitta Brothers and CFO Stephen Cootey. “We come away impressed with [Station’s] resolve in maximizing free cash flow at … Continue reading
Posted in Canada, China, Dining, DraftKings, Economy, Health, history, Internet gambling, Macau, Marketing, Palms, Phil Ruffin, Sports, Sports betting, Station Casinos, Wall Street
2 Comments
Back from the Mountains
So we’ve returned from the Great Smokies—and brought bronchitis home with us. On doctor’s orders S&G is out of action today but will return tomorrow with an extra-large tranche of news. In the meantime, stay well and, as Wesley Snipes … Continue reading
Quote of the Day
“What we have seen in the last week from the president more closely resembles the tactics of the kind of authoritarian leaders we follow,” said Michael J. Abramowitz, the president of Freedom House, a nonprofit organization that tracks democracy around … Continue reading
Posted in Current, Donald Trump
1 Comment
The trajectory of recovery
… and BetMGM doubles down on the sweet science. Happy Veterans Day tomorrow.
Posted in Economy, Entertainment, MGM Resorts International, Mississippi, Sports, Sports betting, The Strip
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On vacation
Today’s S&G entries are the last until next Thursday, when I take up the keyboard again after a refreshing (I hope) vacation in scenic, rural Blairsville, Georgia. Hiking, sightseeing and much dining are on the agenda. Wish us the best!
Wynn winning; Flyover Country keeps Caesars aloft
Wynn Resorts reported 3Q20 results yesterday and the headline item was Macao, where operating results were “soft” but “encouraging,” despite “negative to apathetic investor sentiment,” according to JP Morgan analyst Joseph Greff. Mass-market wagering was up 40% and credit issued … Continue reading
Posted in Atlantic City, Caesars Entertainment, Colorado, Conventions, Culinary Union, Dining, Diversity, Donald Trump, Economy, Election, Golden Gaming, Hard Rock International, Indiana, Internet gambling, Louisiana, Macau, Majestic Star, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Planet Hollywood, Politics, Reno, Slot routes, Sports betting, The Rio, The Strip, Tourism, Wall Street, William Hill, Wynn Resorts
2 Comments
Not all that is Golden glitters; Scientific’s cause for concern
Golden Gaming reported earnings today and there was sufficient good news to be upbeat about the stock—except in Nevada. Casino revenue fell 15% in 3Q20 to $115 million. Slot routes, which ought to be trending upwards, tumbled 31% to $48 … Continue reading
Posted in Economy, Golden Gaming, Health, Internet gambling, Lotteries, Maryland, Nevada, Scientific Games, Slot routes, Sports betting, Wall Street
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Quote of the Day
“This is the time we dig into ourselves and cling to one another and fight to find ourselves. This is the time to fight for the America we say we want, to fight for a new American face. It’s not … Continue reading