-
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
Categories
@Stiffs_Georges
Error: Invalid or expired token.-
Archives
Recent Comments
- 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
Views
- Sibella scandal spreads; Supremes forestall Seminoles - 56,315 views
- You can’t fix stupid; Good-bad news on the bayou - 56,217 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,642 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,577 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,558 views
- Profit vs. investment on the Strip - 1,055,337 views
- Lame nag; Frissora overpaid? - 578,471 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,467 views
- That casino smell - 63,592 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,100 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,682 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,100 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,731 views
Blogroll
Admin.
Category Archives: Atlantic City
Those tight slots; A birthday for Horseshoe
When one reads that casino revenues were up in, say, Indiana, despite lower foot traffic, you’ve got to wonder how its done. Applied Analysis has the answer: Slot holds are at “all-time highs,” meaning that some of the economic recovery … Continue reading
Poker outlawed in Wisconsin; A new game in New York
Score one against private poker games and score one for tribal casinos, which are now the only places in Wisconsin where one can legally play poker. As Poker News put it, ” the fact remains even playing poker for pennies … Continue reading
Posted in Atlantic City, Genting, Macau, New York, Regulation, Technology, Tribal, Wisconsin
2 Comments
Studio City in trouble; Tribal clash in Massachusetts
Melco Crown Entertainment is in Eeyore mood these days, darkly muttering about a “contingency plan” for Studio City if the Macao government doesn’t give it 400 table games. As far back as its 2014 annual report, the company was making … Continue reading
Posted in Atlantic City, Columbia Sussex, Election, Galaxy Entertainment, Geoff Freeman, Internet gambling, Isle of Capri, James Packer, Lawrence Ho, Macau, Massachusetts, Melco Crown Entertainment, MGM Mirage, Mississippi, Neil Bluhm, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, The Strip, Tribal
Comments Off on Studio City in trouble; Tribal clash in Massachusetts
Packer plays musical chairs; Atlantic City … the rest of the story
A 41% dive in Crown Resorts prompted James Packer to resign his chairmanship of the company, handing his portfolio to Deutsche Bank veteran Robert Rankin. The change appears to be more cosmetic than substantive, seeing as the brawling billionaire will … Continue reading
Isle abandons ship; Borgata crushes Atlantic City; Radical move from Full House
Faced with a casino that had been generating negative return on investment for the past two years, Isle of Capri Casinos announced it was closing its 15-year-old Natchez riverboat and selling the accompanying hotel to Magnolia Bluffs Casino for $11.5 million. The … Continue reading
Posted in Atlantic City, Boyd Gaming, Dan Lee, Indiana, Isle of Capri, Majestic Star, Mississippi, Ohio, Politics, Racinos, Wall Street
1 Comment
Macao: “Less bad”; MGM beats estimates
That’s how J.P. Morgan analyst Joseph Greff spun the latest numbers out of Macao, where gaming revenues plunged 34%, less than the year-to-date average of 37%. Mass table game winnings were up 11% from June, “more positive than we otherwise … Continue reading
Posted in Atlantic City, Detroit, Economy, Illinois, Macau, Mississippi, Scientific Games, The Strip, Wall Street
1 Comment
Mirage sold?; Cosmo post-mortem; Ivey counterattacks
Our crackerjack research department at LVA is hot on the trail of a report that MGM Resorts International is going to shuck one of its signature properties, The Mirage, lock, stock and volcano. A sale of the megaresort that changed … Continue reading
Boyd gets Wall Street love; Louisiana expansion slows
Boyd Gaming doesn’t make Wall Street‘s hit parade very often, so this morning’s dispatch from Deutsche Bank‘s Carlo Santarelli the more remarkable. “The improving regional [gross gaming revenue] climate and intense cost disciplines take our forecasts, and subsequently, our Price Target … Continue reading
Trump (the casino) loses again; New look for Bluhm
Business is in a tailspin at Trump Taj Mahal, in part due to Unite-Here‘s call for a boycott of the austerity-minded property. Trump Entertainment Resorts wanted the union muzzled, plus financial compensation. But a federal judge handed CEO Bob Griffin … Continue reading
Trump, Trump, pants on fire; Tensions in California
Did Donald Trump lie to casino regulators when he put his net worth at $3.6 million? He told one of his biographers that “I try” to be honest but added that his value “goes up and down with markets, and … Continue reading
The lion grumbles; Is Alabama casino-ready?
MGM Resorts International is not going to sit idly by while the State of Connecticut tries to horn in on MGM Springfield‘s business. MGM President William Hornbuckle said the company was “not going to go peacefully” but would not give … Continue reading
Posted in Alabama, Atlantic City, Foxwoods, Iowa, Macau, Maryland, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Politics, Racinos, Singapore, Steve Wynn, Taxes, The Strip, Warner Gaming
Comments Off on The lion grumbles; Is Alabama casino-ready?
Stalemate with Straub; MGM’s new bauble
Glenn Straub is sticking it to Stockton University but good. While the school tries to find a new buyer for the old Showboat, he’s refusing to let the university out of its purchase agreement with his KK Ventures. So far, … Continue reading
Web wagers boost Atlantic City
It was more of the same for Atlantic City last month. Overall gambling revenue slid 9.5%, even as surviving operators experienced individual increases. The headline item is that Internet gaming grew 23%, bringing in almost $12 million. Borgata dominated that … Continue reading
Posted in Arizona, Atlantic City, Boyd Gaming, Harrah's, Internet gambling, Mohegan Sun, Revel, Tilman Fertitta, Tourism, Tropicana Entertainment, Trump Entertainment Resorts
Comments Off on Web wagers boost Atlantic City
Bluhm tries, tries again; Caesars sees profits
“Metal panels and precast stone” are the look of Rivers Casino 3.0, as Rush Street Gaming struggles to find a design that sits well with Schenectady city fathers. The casinos is the $330 million linchpin of a $480 million development … Continue reading
Posted in Architecture, Atlantic City, Harrah's, Neil Bluhm, New York, Taxes
Comments Off on Bluhm tries, tries again; Caesars sees profits
Stale fare for New York; Web sites taken hostage
New York gaming regulators gave the state’s southern tier a second chance to submit plans for a casino — and they got leftovers. The only bidder was Tioga Downs owner Jeff Gural (left) who essentially proposed a supersized, $145 million version … Continue reading
Quote of the Day
“The enormous amount of refunds that the city must pay back on successful tax appeals is simply unsustainable. We continue to make cuts and run city government more efficiently, but it is the taxpayers who will suffer in the long run … Continue reading
Posted in Atlantic City, Boyd Gaming, Economy, Taxes
Comments Off on Quote of the Day
Atlantic City, Trump Resorts play for time
Atlantic City can breathe a little easier: It’s bought a year’s reprieve from a ballot question which would revoke its casino monopoly. Technically, it could still get done if the Legislature votes it through by August 30. But it has … Continue reading
MGM goes to Atlanta; Pechanga named #1
Instead of waiting for an incremental creep of acceptance of gambling in Georgia, MGM Resorts International is taking the bull by the horns. While it says that it is in the “very preliminary” stages of proposing a casino for Atlanta, … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, California, Economy, Foxwoods, Georgia, Hard Rock Hotel, Harrah's, Indiana, Internet gambling, Louisiana, MGM Mirage, Mississippi, Mohegan Sun, Neil Bluhm, New York, Pinnacle Entertainment, Politics, Sheldon Adelson, Station Casinos, Technology, The Strip, Tourism, Tribal
Comments Off on MGM goes to Atlanta; Pechanga named #1
Reprieve for Dotty’s; Straub changes course again
By one vote, Dotty’s eked out a four-month grace period while the Las Vegas City Council ponders whether or not to lower the boom on the newest in this mammoth chain of slot parlors and taverns. Known for its homey, … Continue reading
Posted in Arizona, Atlantic City, Carl Icahn, Dotty's, Foxwoods, Glenn Straub, Laughlin, Massachusetts, Regulation, Tribal, Trump Entertainment Resorts
Comments Off on Reprieve for Dotty’s; Straub changes course again
Strip treads water in May; Penn a big hit in Massachusetts
For all the hoopla about the (fixed?) Mayweather-Pacquiao fight, Strip gaming revenues sent mixed signals. The game that matters most, baccarat, saw somewhat less play (-7%) but the house got beaten badly, its winnings down 36%. By contrast, all other … Continue reading
Posted in Alabama, Atlantic City, Boulder Strip, Downtown, Economy, Harrah's, Lake Tahoe, Laughlin, Massachusetts, MGM Mirage, North Las Vegas, Penn National, Regulation, Reno, Transportation, Wall Street, Warner Gaming
Comments Off on Strip treads water in May; Penn a big hit in Massachusetts