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Category Archives: Alabama
Cretins amok in Alabama; Caesars: $2.7B for William Hill
There’s stiff competition for Troglodyte of the Year but Alabama Attorney General Steve Marshall has staked a prohibitive claim. He’s on a crusade to shut down the state’s three private-sector casinos and he won an important victory last week. The … Continue reading
Maryland rebounds; Penn wows Wall Street; Trump to play Lucky Dragon
In a near-miraculous development, Maryland gambling revenues were only 6% off the pace last month. Between cabin fever and the belated delivery of those $1,200 stimulus checks, we’re not entirely surprised that Free State punters had both the desire and … Continue reading
Posted in Alabama, Arizona, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Donald Trump, Election, Florida, Georgia, Golden Gaming, Health, Internet gambling, Lotteries, Lucky Dragon, Maryland, MGM Resorts International, Mississippi, Nevada, New Mexico, New York, North Carolina, Penn National, Pennsylvania, Racinos, Sports, Sports betting, Texas, The Strip, Tilman Fertitta, Tribal, TV, Wall Street, West Virginia
2 Comments
Election special
Good news! The word “casino” is no longer toxic in politics. Why do we say that? Because Montana Gov. Steve Bullock (D), a U.S. Senate aspirant, merely describes Sheldon & Miriam Adelson as “this billionaire couple” in a fundraising e-mail … Continue reading
Posted in Alabama, Arizona, Colorado, Donald Trump, Election, Georgia, Health, Kentucky, Maine, Massachusetts, Politics, Regulation, Sheldon Adelson, South Carolina, Sports, Sports betting
1 Comment
Las Vegas: The first shall be last
Don’t stay up late waiting for business in Las Vegas to return to “normal” levels. Sin City is uniquely vulnerable to downturns in the U.S. economy (think of the Great Recession) and a trailing indicator of gambling’s health. The prime … Continue reading
Posted in Alabama, Aristocrat, Atlantic City, Boulder Strip, Boyd Gaming, China, Conventions, Downtown, Economy, Eldorado Resorts, Florida, G2E, Hard Rock International, Health, Las Vegas Sands, LVCVA, Macau, Melco Resorts & Entertainment, Ohio, Penn National, Technology, The Strip, Transportation, Wall Street, Wynn Resorts
1 Comment
“Green shoots” in gaming; Mega-Jottings
According to the American Gaming Association, 82 of 989 casinos in the United States have reopened, many of them in Louisiana starting today. But don’t take our word for it. Use the AGA’s Coronavirus tracker, which keeps you abreast of casino … Continue reading
Posted in AGA, Alabama, Arizona, Arkansas, Atlantic City, Boyd Gaming, Caesars Entertainment, California, Conventions, Detroit, Dining, GLPI, Golden Nugget, Health, Illinois, Iowa, Louisiana, LVCVA, M Resort, Macau, Marketing, MGM Resorts International, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Penn National, Politics, Resort fees, Singapore, South Dakota, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tribal, Wynn Resorts
1 Comment
Where do we go from here?
In the process of canceling its 2020 earnings guidance, Marriott International gave some oblique insight into how the casino industry is likely to cope with the Coronavirus quarantine. Occupancy, it said, had fallen to 25%, compared to 70% last year. … Continue reading
Posted in AGA, Alabama, Baseball, Boyd Gaming, Caesars Entertainment, Carl Icahn, Charity, Economy, Health, Illinois, Indiana, International, Internet gambling, Iowa, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Movies, Oregon, Penn National, Real Estate, Regulation, Sahara, Sheldon Adelson, Slot routes, South Korea, Sports, Sports betting, The Strip, Tribal, Wall Street, Wynn Resorts
1 Comment
Darkness at noon
Casino dominos continue to topple. The Cosmopolitan of Las Vegas is the latest Las Vegas Strip casino to close thanks to Covid-19, “temporarily.” (Well, none of the closures has been permanent but there are different degrees of temporary-ness, MGM Resorts … Continue reading
Posted in Alabama, Atlantic City, Caesars Entertainment, Connecticut, Cosmopolitan, Detroit, Dining, Foxwoods, Health, Las Vegas Raiders, Las Vegas Sands, Louisiana, Massachusetts, MGM Resorts International, Michigan, Mississippi, Mohegan Sun, New Jersey, New York, Penn National, Sports, The Strip, Tribal
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Vegas vs. virus; Tribe puts $1 billion on table
Las Vegas is 20,000 attendees poorer now that Adobe Summit 2020 has pulled the plug on its convention. Although Sin City has been spared from coronavirus fears so far, withdrawals of this magnitude are at least as bad as a … Continue reading
Posted in Alabama, China, Churchill Downs, Conventions, Donald Trump, Election, Health, International, Lotteries, Massachusetts, MGM Resorts International, Real Estate, Taxes, The Strip, Tribal
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“Empty gesture” in Macao; Big deals for Scientific, Hill
Casinos may have reopened in Macao but coronavirus cannot be so easily wished away. Fears of its spread hit U.S. stock markets hard, with the Dow Jones tumbling 840 points, ceding all 2020 gains. Overseas bourses are taking it hard, too, … Continue reading
Posted in Alabama, Arizona, Atlantic City, China, Culinary Union, Economy, Election, Galaxy Entertainment, Genting, Health, International, Internet gambling, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mississippi, Nevada, New Jersey, Oklahoma, Pennsylvania, Scientific Games, Singapore, Sociedade de Jogos de Macau, Sports, Sports betting, Taxes, Tilman Fertitta, Tourism, Tribal, Wall Street, William Hill, Wynn Resorts
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Pritzker whistles past graveyard, Ivey more cautious
Casino revenue in Illinois last year was down 1.5% from 2018—and 17% from 2012, the seventh consecutive year of declines. Despite this empirical evidence, Gov. J.B. Pritzker (D) and his commissars for optimism remain hellbent on casino expansion, believing that … Continue reading
Posted in Alabama, Election, Health, Illinois, Law enforcement, Lotteries, Louisiana, Missouri, Penn National, Politics, Slot routes, Taxes, Tribal
1 Comment
Case Bets
Las Vegas went into the crapper last weekend, with the opening of the Giant Poo Experience in Lyft Art Park. I’m not inventing this. The larger-than-life-size mock-excrement was sponsored by airspray Poo-Pourri. Explained the company, “For over a decade, Poo~Pourri has … Continue reading
Posted in Alabama, Downtown, Entertainment, Internet gambling, Japan, Lotteries, Marketing, Politics, Sheldon Adelson, Sports betting, Tribal, Wall Street
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New life for Harmon Strip; Wynn Resorts vindicated, mostly
Could the Harmon Strip, mooted since the late Nineties, actually come to pass? The area has been a graveyard for resort projects, leaving the Hard Rock Hotel standing in splendid isolation. However … one Jeffrey Williams is applying for permission to … Continue reading
Quote of the Day
“The need for additional money to support state programs is real, and the money will either come from more taxes or other sources. One of those sources could be legalized gambling, so why does Alabama always have to be the … Continue reading
Gilbert sells to Hard Rock; Masters odds are out
Hard Rock International exited the Ohio market by one door, then reentered it by another. The tribal giant bought Dan Gilbert out of Jack Cincinnati and Turfway Park. REIT Vici Propreties will own the real estate of the casino and … Continue reading
Posted in Alabama, Caesars Entertainment, DFS, Donald Trump, Genting, Hard Rock International, International, Iowa, Kentucky, Las Vegas Sands, Marketing, Maryland, Ohio, Politics, Problem gambling, Racinos, Regulation, Singapore, Sports, Sports betting, Steve Wynn, Taxes, Tribal, TV
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Quote of the Day
“It’s a shame that we can’t derive some revenue off the Alabama vs. LSU game.” — Louisiana state Sen. Ronnie Johns (R), on the Leglislature’s failure to approve sports betting.
Posted in Alabama, Louisiana, Politics, Sports, Sports betting
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No bailout for N.Y. casinos; Horseshoe Baltimore gets creative
There’s no question that upstate New York‘s new casinos drank their own bathwater when making their case to the state. Two of them are now squealing like stuck pigs, demanding that the Lege lower their tax rates. Never mind that … Continue reading
Posted in Alabama, Genting, Harrah's, Horseracing, Internet gambling, Law enforcement, Maryland, Neil Bluhm, New York, Politics, Regulation, Sports, Taxes
1 Comment
Sands Bethlehem (finally) sold; Stratosphere battered
Never underestimate the power of electronic bingo. It’s the capital derived therefrom that’s enabling the Poarch Band of Creek Indians to make a $1.3 billion purchase of Sands Bethlehem. The tribe is succeeding where Tropicana Entertainment and MGM Resorts International … Continue reading
Posted in Alabama, Florida, Foxwoods, Golden Gaming, International, Japan, Law enforcement, Macau, Massachusetts, MGM Mirage, Mohegan Sun, Nevada, Pennsylvania, Politics, Regulation, Sheldon Adelson, Singapore, The Strip, Tribal, Tropicana Entertainment, Wall Street
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This just in: Cotai hot, Macao not; Seminoles thrash Gilbert
In today’s dog-bites-man story, a Wall Street analyst has belatedly concluded the obvious: that the casinos on Cotai will sap business from Macao proper. Global Market Advisors analyst Andrew Klebanow wrote, “What the industry can expect to see is a pattern … Continue reading
Posted in Alabama, Atlantic City, Australia, Dan Gilbert, Georgia, Internet gambling, Macau, MGM Mirage, Ohio, Politics, Racinos, Seminole Tribe, Sheldon Adelson, Sociedade de Jogos de Macau, Stanley Ho, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Wall Street
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#5,001
Yes, this is the 5,001st Stiffs & Georges post and let me start with a big thank-you to all of you, the readers, for making it possible. If it weren’t for your support I’d probably have hung it up long … Continue reading
Posted in Alabama, Atlantic City, Donald Trump, Georgia, Hard Rock International, Harrah's, James Packer, Kansas, Maryland, Massachusetts, New Hampshire, Pennsylvania, Politics, Regulation, Sam Nazarian, Seminole Tribe, Sheldon Adelson, SLS Las Vegas, Station Casinos, Steve Wynn, The Strip
5 Comments
Resorts World LV: It’s a go; Illinois pols spurn casino
As Alon fades into the sunset, Resorts World Las Vegas plans to ramp up in serious fashion. Resorts World President Edward Farrell has announced that construction cranes will be up by August at the latest and work will begin in … Continue reading
Posted in Alabama, Architecture, Boyd Gaming, Genting, Illinois, Lucky Dragon, Nebraska, Nevada, New York, Politics, Problem gambling, Reno, South Dakota, The Strip
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