Author Archives: David McKee

About David McKee

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Caesars surprises Wall Street; Rincon defects; Bluhm to NYC?

Since the Roman Empire is not given to pre-announcing earnings (it leaves that to MGM Resorts International), its tribunes must have had some pretty good end-of-year numbers to trot out, which they did this morning. The headline, at least as … Continue reading

Posted in Caesars Entertainment, California, Hard Rock International, Internet gambling, Mattress Mack, New York, Real Estate, Regulation, Rush Street Gaming, Sports betting, The Strip, Tribal, Wall Street | 1 Comment

‘Fight’ club; New Horseshoe powers Louisiana

Having experienced buyer’s remorse on DFS site Monkey Knife Fight, and now trying to re-sell it, Bally’s Corp. finds itself with a ton of Monkey Knife Fight-branded merchandise that it must unload. After all, if it finds a pigeon, er, … Continue reading

Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, CQ Holdings, DFS, FanDuel, Golden Nugget, Internet gambling, Law enforcement, Louisiana, Marketing, Massachusetts, New York, Ohio, Penn National, PointsBet, Politics, Problem gambling, Regulation, Resorts World LV, Security, Silverton, Sports betting, Station Casinos, Taxes, The Strip, Wall Street | Comments Off on ‘Fight’ club; New Horseshoe powers Louisiana

Pennsylvania soft; Gray Lady panics; Smooth criminal

Gambling revenues in the commonwealth of Pennsylvania slipped just a bit last month, as 2022 continued to go out mostly quietly. The $298 million haul was 1% off December 2021’s pace. While there was some softening of the market, we … Continue reading

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, FanDuel, Internet gambling, Law enforcement, Marketing, Mohegan Sun, Nevada, New York, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, WInd Creek | 2 Comments

Solid finish in Atlantic City; Tough love elsewhere

Casinos closed out 2022 up 2% in December in Atlantic City. Before any gaming bosses start wringing their hands over higher costs, let it be known that this is 3% better than December 2019, before the latest collective-bargaining agreement. The … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Diversity, DraftKings, FanDuel, Golden Nugget, Hard Rock International, Health, Internet gambling, Macau, Maine, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Palms, Regulation, Resorts World LV, Sports betting, The Strip | Comments Off on Solid finish in Atlantic City; Tough love elsewhere

Massachusetts jumps; Bally’s sags; Century flees

Defying a larger trend, Massachusetts closed out 2022 with strength, its casino revenues up 8% to $103 million. The big dog, Encore Boston Harbor, leapt 10% to a boffo $68.5 million, beating Wall Street expectations. MGM Springfield‘s gain was more … Continue reading

Posted in Arkansas, Bally, Century Casinos, Dining, Indiana, International, James Packer, Massachusetts, MGM Resorts International, Nevada, Penn National, Regulation, Resort fees, Singapore, Tribal, Wall Street, Wynn Resorts | Comments Off on Massachusetts jumps; Bally’s sags; Century flees

The tax that ate Las Vegas; Dr. King misremembered

A horrible idea for the taxpayer, the economy and for gaming in particular has been resurrected in Congress. Yes, it’s the “national sales tax,” which would lay a double-digit impost on all goods and services, and which only could be … Continue reading

Posted in AGA, Cretins, DraftKings, Economy, history, Marketing, Michael Gaughan, Movies, Nevada, Politics, Station Casinos, Taxes | 2 Comments

Indiana dims; Sands: Make mine Nassau; Mega-Jottings

Gaming revenues dipped last month in Indiana, achieving $204 million, a 3.5% year/year decline. Hard Rock Northern Indiana ($34 million, +4%) continues to ransack its competitors. Horseshoe Hammond was closest, grossing $26 million but down 13.5%, while Ameristar East Chicago … Continue reading

Posted in Animals, Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Culinary Union, Dining, DraftKings, FanDuel, Fontainebleau, Full House Resorts, Genting, Greenwood Racing, Hard Rock International, Illinois, Indiana, International, Internet gambling, Las Vegas Sands, Louisiana, New York, Penn National, Pennsylvania, PointsBet, Politics, Resorts World LV, Rush Street Gaming, Sports betting, Texas, Wall Street | 1 Comment

Atlantic City focus

Since we’re heavily occupied today with “Question of the Day” submissions, Sports Betting Operator features, a CDC Gaming Reports story and Casino Life page proofs, we’ll turn most of the S&G space over to our East Coast bureau, who has … Continue reading

Posted in Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, Chicago, Dining, DraftKings, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Marketing, Movies, Ocean Resort, Security, Sports betting, Wayne F. Newton | Comments Off on Atlantic City focus

New F-blue CEO; Illinois mostly upbeat, Missouri not

Who in the world is Brett Mufson? Well, he’s the new president and CEO of Fontainebleau Las Vegas. Other than that, Jeffrey Soffer‘s company ain’t tellin’ much. We are informed that “Mufson’s instrumental leadership helped steer the company’s re-acquisition of … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Cosmopolitan, Dining, DraftKings, Economy, FanDuel, Florida, Fontainebleau, Hard Rock International, history, Illinois, Las Vegas Sands, Macau, Mandalay Bay Massacre, MGM Resorts International, Missouri, Penn National, Regulation, Sports, Sports betting, The Strip, Tourism, Tribal, Vici Properties, Wynn Resorts, Wyoming | 1 Comment

Station scores; New York OSB boffo … for state, that is; Kosar sacked; Renegade slots reconsidered

Station Casinos is $62 million richer after unloading $56.5 acres of land near South Point to HCA Healthcare, a hospital chain. Don’t worry about Station’s plans to challenge Michael Gaughan for sub-Strip supremacy: It’s still harboring 126 acres of scrubland … Continue reading

Posted in Animals, Bally, BetMGM, Caesars Entertainment, Diversity, DraftKings, FanDuel, Las Vegas Sands, Macau, Michael Gaughan, Missouri, Movies, New York, Ohio, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports, Sports betting, Station Casinos, Taxes, Transportation, TV, Wynn Resorts | 2 Comments

Maryland sags; Dustup at Red Rock; Sands’ big NY play; The dangers of Fanatic-ism

Whilst 2022 may have come in like a lion for casinos, it’s going out like a lamb, despite an extra weekend day last month. Revenues in Maryland dipped 4.5% to $165 million statewide in December, still 11% better than the … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, Churchill Downs, Culinary Union, Dining, Diversity, DraftKings, Genting, Golden Gaming, Las Vegas Sands, Maryland, Massachusetts, MGM Resorts International, New York, Ohio, Penn National, Problem gambling, Regulation, Sports betting, Station Casinos, Transportation | 2 Comments

NFL bettors sacked; Strip resort folds; Caesars plan panned

Life at S&G HQ is seriously clouded by the critical illness of a beloved fur baby. Nevertheless, we shall endeavor to gather our thoughts, starting with the consequences for bettors of the life-threatening Damar Hamlin injury on Monday Night Football. … Continue reading

Posted in Arizona, Atlantic City, Caesars Entertainment, Chicago, Derek Stevens, DraftKings, Economy, Entertainment, Failsinos, FanDuel, Florida, Genting, Georgia, Hard Rock International, Horseracing, International, Las Vegas Sands, LVCVA, Macau, MGM Resorts International, Nebraska, New Jersey, New York, Ohio, PointsBet, Politics, Racinos, Riviera, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, TV, Wall Street, Wynn Resorts | 1 Comment

And now for some fun

Back on Dec. 21, we reported on nascent Oscar odds. What a difference 10 days makes. Babylon, “an early favorite to take home hardware at the 95th Academy Awards” according to one betting site, is spiraling from contention, thanks to … Continue reading

Posted in Current, DraftKings, Movies | Comments Off on And now for some fun

No ‘M’ in ‘Penn’; A Royal mystery; See Vegas and die

Scarcely had the hot air cooled on Penn Entertainment‘s announcement that it was doubling the capacity of M Resort than word trickled out—via Vital Vegas—that Penn is in talks too sell the locals-oriented property to MGM Resorts Entertainment. It would … Continue reading

Posted in Barstool Sports, Conventions, Downtown, Failsinos, Illinois, Las Vegas Raiders, Law enforcement, M Resort, Marketing, MGM Resorts International, Nevada, Ohio, Penn National, Real Estate, Regulation, Sports betting, The Strip | 3 Comments

Strip’s good times waning

A big touché to the uncredited wag at the Las Vegas Review-Journal who came up with today’s banner headline: CARR PARKED. Yes, the Las Vegas Raiders have had enough of underachieving QB Derek Carr and are benching him for long-shot … Continue reading

Posted in Boulder Strip, Downtown, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, Nevada, North Las Vegas, Reno, The Strip, Wendover | Comments Off on Strip’s good times waning

A Boardwalk Christmas; Mega-Jottings

Most people wouldn’t spend Christmas Day in a casino or two but our East Coast correspondent did. He reports, “At the Golden Nugget on Christmas, Chart House, Lillie’s Asian, the Grotto (Italian), Michael Patrick’s coffee shop, Bean & Bread for … Continue reading

Posted in Animals, Atlantic City, Bally, Caesars Entertainment, Churchill Downs, Dan Lee, Dining, DraftKings, Fontainebleau, Full House Resorts, Golden Nugget, Hard Rock International, International, Kentucky, Mohegan Sun, New York, Ohio, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, Wall Street | 1 Comment

Ho Ho H2O

It’s a good thing that news in the casino industry is virtually nonexistent today. S&G has been sidelined by a ruptured pipe that burst midday on Christmas, dampening our Yuletide spirit literally and figuratively. Whilst we wait for the plumber, … Continue reading

Posted in Current, MGM Resorts International | 1 Comment

Christmas wishes

It’s time to reward those who have been nice and offer appropriate gifts to the naughty. So, without further ado, we play Santa Claus to the casino industry …

Posted in AGA, Alabama, Alex Meruelo, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Card rooms, Chicago, China, Crown Resorts, Culinary Union, Dan Lee, Derek Stevens, Downtown, DraftKings, Fontainebleau, Full House Resorts, Genting, Georgia, Hard Rock International, James Packer, Japan, Kazuo Okada, Las Vegas Sands, Macau, Massachusetts, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Moulin Rouge, Movies, Nevada, New York, Oklahoma, Pahrump, Palms, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resort fees, Resorts World LV, Sahara, Scott Butera, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, The Rio, The Strip, Tilman Fertitta | Comments Off on Christmas wishes

Christmas on the Boardwalk; Miller smacks Gray Lady

We begin today with kudos to a non-casino entrepreneur, Bart Blatstein, who has erected a 150-foot Christmas tree in front of the Showboat. It’s said to be the first large-scale tree in Boardwalk history. Thank you, sir. And to get … Continue reading

Posted in AGA, Atlantic City, Bally, Barstool Sports, Caesars Entertainment, Dining, Golden Nugget, Indiana, Politics, Problem gambling, West Virginia | 3 Comments

Penn problems; Maryland sports bets boffo; Oscar pix

Regulators in Massachusetts struck an unsatisfactory compromise with Penn Entertainment. The latter’s Plainridge Park was granted a sports book license, conditional upon a suitability investigation of Barstool Sports founder—and the new face of Penn—Dave Portnoy. “We are very comfortable with … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, DraftKings, FanDuel, Indiana, Kansas, Marketing, Maryland, Massachusetts, MGM Resorts International, Movies, New Jersey, Ohio, Penn National, Regulation, Sports betting, Steve Wynn | Comments Off on Penn problems; Maryland sports bets boffo; Oscar pix