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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: AGA
Atlantic City casinos avert crisis; Congressional absurdity
It was eyeball-to-eyeball and Big Gaming blinked. Faced with probable, heavy losses of business, Borgata—the casino with the most to lose—was first to come to terms with Local 54 of Unite-Here. Terms with most of the majors were reached an … Continue reading
Posted in AGA, Arizona, Atlantic City, Bally, Baseball, Caesars Entertainment, California, Carl Icahn, Chicago, Dining, DraftKings, Entertainment, GLPI, Hard Rock Hotel, International, Internet gambling, Las Vegas Sands, Law enforcement, MGM Resorts International, Ocean Resort, Politics, Real Estate, Rhode Island, Sports betting, The Strip, Tribal, Unite-Here, West Virginia
1 Comment
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
Sands, NY Mets in cahoots; Raiders set to clobber Vegas bookies
Pay no attention to the men behind the curtain. There’s nothing wrong with the idea of a casino megaresort in the Willets Point area, near Citi Field. It’s far preferable to some of the other New York City sites that … Continue reading
Posted in AGA, Atlantic City, BetMGM, Boyd Gaming, Economy, Golden Nugget, Illinois, Internet gambling, Las Vegas Raiders, Las Vegas Sands, MGM Resorts International, Michael Gaughan, New York, North Carolina, Ocean Resort, Palms, Philippines, Politics, Sports, Sports betting, Station Casinos, Tribal, Westgate LV, Wisconsin
1 Comment
Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Atlantic City casinos leapt 17% from March 2021, grossing $216.5 million. Except for Tropicana Atlantic City, which was flat at $19 million, almost everyone posted relatively impressive gains. Borgata‘s $55 million (+18%) predictably topped the market, while Hard Rock Atlantic … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, California, Card rooms, Charity, Chicago, Derek Stevens, Gary Goett, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Neil Bluhm, Ocean Resort, Phil Ruffin, Politics, Problem gambling, Reno, Rush Street Gaming, Spectacle Entertainment, Sports betting, Technology, West Virginia
Comments Off on Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Special Edition: Rumblings from around Big Gaming
Update: The Seminole Tribe has finally, grudgingly stopped taking sports bets, effective yesterday. At the risk of using the Seminole Tribe as a punching bag, we have to observe that it clearly doesn’t understanding the meaning of the word “no,” … Continue reading
Posted in AGA, Bally, Baseball, Caesars Entertainment, Conventions, Cordish Co., Cosmopolitan, DraftKings, Health, IGT, Law enforcement, Macau, Marketing, MGM Mirage, MGM Resorts International, Penn National, Pennsylvania, Real Estate, Regulation, Scientific Games, Seminole Tribe, Sports betting, The Strip
2 Comments
DraftKings talks big, persuades few; Rancor in Richmond
DraftKings divided analysts with its 3Q21 earnings report. Credit Suisse pundit Ben Chaiken said the company was “moving the ball down the field.” That’s despite revenues of $212 million that well undershot Wall Street‘s expected $238 million, rather like a … Continue reading
Posted in AGA, Arizona, Baseball, Canada, Delaware, Donald Trump, DraftKings, Election, Golden Nugget, Health, history, Internet gambling, James Packer, Louisiana, Marketing, Maryland, New York, North Carolina, Politics, Sheldon Adelson, Sports, Sports betting, Texas, Tribal, TV, Virginia, Wall Street
Comments Off on DraftKings talks big, persuades few; Rancor in Richmond
Rockin’ hard; Miller gives anti-smokers hope; Packer’s wrist slapped
Hard Rock International CEO Jim Allen (left) is bullish on the New York City market, if not downright aggressive. In maybe the highlight to come out of the East Coast Gaming Congress, Allen asserted his company’s interest in a New … Continue reading
Posted in AGA, Animals, Atlantic City, Australia, Caesars Entertainment, China, Crown Resorts, Election, Genting, Golden Gaming, Greenwood Racing, Hard Rock International, Health, Illinois, Indiana, James Packer, Kentucky, Laughlin, Law enforcement, Lotteries, Maryland, MGM Resorts International, Money laundering, Nevada, New Jersey, New York, Pahrump, Pennsylvania, Politics, Regulation, Scientific Games, Slot routes, Sports betting, Taxes, The Crown 18, Tribal, Wall Street
1 Comment
China kicks sand in Big Gaming’s face; Penn lobbies for special status
You could say that getting into bed with Red China was a devil’s bargain and Satan has come to collect. Or that Beijing has finally decided to show everyone who’s boss. Either way, the central government played Big Gaming for … Continue reading
Posted in AGA, Australia, Bally, China, Crown Resorts, G2E, Galaxy Entertainment, Health, Illinois, Louisiana, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Penn National, Pennsylvania, Politics, Racinos, Rhode Island, Taxes, Wall Street, Wynn Resorts
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FanDuel gets up all up in your grille; Tahoe casinos: Fire? What fire?
What will sports-betting advertising be like once football season starts? Our prediction is for overkill, followed by backlash. As though to prove our point, FanDuel is unleashing a national ad blitz with a minute-long TV spot called “Anthem.” It’s so … Continue reading
Posted in AGA, Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, California, DraftKings, Election, FanDuel, Florida, G2E, Health, International, Lake Tahoe, Marketing, Mississippi, North Carolina, Paragon Gaming, PointsBet, Politics, Seminole Tribe, Slot routes, Sports, Sports betting, Tribal, TV, William Hill
1 Comment
Lake Charles leads Louisiana; Caesars welcomes super-spreaders
Louisiana casino revenues continue to march upward, gaining 10% over 2019 in July. The statewide gross was $222 million. Business was especially lively in Baton Rouge, up 32%. That was propelled by L’Auberge Baton Rouge, vaulting 41% to $16 million. … Continue reading
Illinois springs to life while Ohio erupts; Mohegan Sun jilted twice over
Stop the presses! Illinois casinos actually outperformed 2019 last month by 4%. That’s downright miraculous. They grossed $120 million, led by Rivers Casino Des Plaines‘ $47.5 million, a 28% vault. Harrah’s Joliet was a distant second with $14.5 million (-1%), … Continue reading
Posted in AGA, Arizona, Arkansas, Bally, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, DraftKings, G2E, Genting, Greenwood Racing, Hard Rock International, Health, Illinois, Internet gambling, Jack Entertainment, Japan, MGM Resorts International, Michigan, Missouri, Mohegan Sun, New Jersey, New York, Ohio, Penn National, Sports betting, Steve Wynn, The Rio, The Strip, Tribal, Wynn Resorts
4 Comments
Indiana, Missouri stay strong; Mixed feelings about buffets
Casino winnings in Indiana came up just a few increments short of $200 million last month, a 13% gain on 2019. Hard Rock Gary came out of the blocks fast, grossing $26 million, although Horseshoe Hammond climbed 7% to retain … Continue reading
Posted in AGA, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, DraftKings, Entertainment, FanDuel, Full House Resorts, Health, Indiana, Internet gambling, Louisiana, Michael Gaughan, Missouri, New Jersey, Penn National, Pennsylvania, Philippines, PointsBet, Politics, Rush Street Gaming, Sports, Sports betting, William Hill, Wynn Resorts
1 Comment
MGM dumps Springfield; Gaming recovery a proven fact
MGM Resorts International isn’t quitting Springfield but it’s taking a bath on its eponymous casino in order to reduce its exposure to the (disappointing) market. MGM spent $960 million on the resort, which has never performed up to expectations, and … Continue reading
Posted in AGA, Atlantic City, BetMGM, Caesars Entertainment, Cordish Co., Dining, DraftKings, Economy, Entertainment, FanDuel, Golden Gaming, Hard Rock International, Health, Internet gambling, Massachusetts, MGM Resorts International, Ocean Resort, Pennsylvania, Real Estate, Regulation, Resort fees, South Dakota, Sports, Sports betting, Tennessee, The Strip, Wall Street, Wynn Resorts
1 Comment