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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- 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
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Category Archives: Bally
Same to you, fella; Mega-Jottings
We were stumped for a lead item until we got this snap from our Atlantic City bureau. One has to puzzle at Borgata‘s cretinous idea of a welcome, particularly its implicit slap at women. Did property President Melonie Johnson sign … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Cretins, Diversity, Foxwoods, Greenwood Racing, Illinois, Las Vegas Sands, Macau, Mohegan Sun, Ohio, Penn National, Pennsylvania, Politics, Regulation, Reno, Rush Street Gaming, Sports betting, Taxes, Technology, Texas, Tribal, William Hill
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Atlantic City casinos rebound; Slow thaw in Massachusetts
Casinos in Atlantic City are finally catching up with the rest of gaming’s recovery. Last month they were only 3% off the 2019 pace. They grossed $213 million, a substantial improvement over April. Slot win was $158 million on 8% … Continue reading
Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, Cordish Co., Dining, DraftKings, FanDuel, FoxBet, Genting, Golden Nugget, Hard Rock International, Japan, Law enforcement, Massachusetts, MGM Resorts International, Mohegan Sun, North Carolina, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sports, Sports betting, The Strip, Wynn Resorts
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Illinois limps, Ohio races; Flying the friendly skies with Hard Rock
First, the good news. Illinois gaming revenues held steady from April to May. However … they lagged May 2019 by 9.5%, for a gross of $107 million. The shining exception, as ever, was Rivers Casino Des Plaines, which cornered 39% … Continue reading
Don’t make mine Manhattan
That’s the word from key legislators, who have made it clear that Gov. Andrew Cuomo (D) would be putting a casino in Manhattan over their dead bodies. “I believe it would be seriously detrimental to the residential and commercial quality … Continue reading
Posted in Arizona, Atlantic City, Bally, BetMGM, Cosmopolitan, Entertainment, FanDuel, Genting, Georgia, Illinois, Las Vegas Sands, Marijuana, MGM Resorts International, Mohegan Sun, Nevada, New York, Politics, Regulation, Resort fees, Resorts World LV, Slot routes, Sports, Sports betting, Transportation, Wynn Resorts
2 Comments
Casinos collapse in Texas, advance elsewhere
All Sheldon Adelson‘s horses and all Sheldon Adelson’s men couldn’t put Texas megaresorts together. Or, as they said in Brooklyn (in a non-gaming context), wait ’til next year. Two separate bills to authorize everything from full-service casinos to poker rooms … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Cordish Co., Dining, Donald Trump, Florida, Hard Rock International, Health, Internet gambling, Las Vegas Sands, Louisiana, MGM Resorts International, New Jersey, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Sports betting, Taxes, Texas, The Strip, Tilman Fertitta, Tribal, Virginia
1 Comment
Hard Rock, Ocean drub Borgata; Caesars massacres shows
Casinos in Atlantic City grossed $189.5 million last month, 9% behind their 2019 pace. Slots were off 5% and tables 17%. Regular top-grosser Borgata had a terrible month, falling 28%, spurring by lackluster table-game winnings (-34%), with slots tumbling 25%. … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Conventions, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Full House Resorts, Golden Nugget, Hard Rock International, Health, Indiana, Internet gambling, Lake Tahoe, MGM Resorts International, Mohegan Sun, New Jersey, Penn National, PointsBet, Rush Street Gaming, Silverton, Spectacle Entertainment, Sports, Sports betting, The Rio, The Strip, Wayne F. Newton, William Hill, Wynn Resorts
3 Comments
Wynn gaining steam; Miami Beach casino juice job dismissed
First-quarter results for Wynn Resorts were worse than expected in Macao but better than anticipated in both Las Vegas and Boston, while the company posted a revenue chasm around Wynn Interactive. To shore up the latter, Wynn is merging it … Continue reading
Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Conventions, Donald Trump, DraftKings, FanDuel, Florida, Hard Rock International, Horseracing, Illinois, Internet gambling, Macau, Marketing, Massachusetts, Missouri, Nevada, New York, Ohio, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe, Sociedade de Jogos de Macau, Sports betting, The Strip, Tourism, Tribal, TV, Virginia, Wall Street, Wynn Resorts
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Big win for Seminoles?; Parx the deadliest track of all
Florida Gov. Ron DeSantis (R) succeeded where predecessor Rick Scott failed, inking a pact with the Seminole Tribe that would unlock the $35o million a year that the Seminoles have been holding in escrow. In return, the tribe gets a … Continue reading
Posted in Animals, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cirque du Soleil, Cordish Co., Crown Resorts, Downtown, DraftKings, Entertainment, FanDuel, Florida, Greenwood Racing, Hawaii, Horseracing, Internet gambling, James Packer, Las Vegas Sands, Massachusetts, MGM Resorts International, New York, Ohio, Pennsylvania, Politics, Regulation, Seminole Tribe, Sports betting, Taxes, Tennessee, The Strip, Transportation, Virginia, Wall Street, William Hill, Wynn Resorts
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BetMGM “very credible”; Recovery at Sands “gradual”
That’s how JP Morgan analyst Joseph Greff described an evidently persuasive virtual meeting with BetMGM covering the latter’s recent results and strategic objectives. “To us, this was a credible presentation (particularly with its customer acquisition and retention objectives and operating … Continue reading
Posted in Alabama, Atlantic City, Bally, California, Canada, China, Cosmopolitan, Culinary Union, Dotty's, DraftKings, Economy, FanDuel, Illinois, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Nevada, New Jersey, New York, Ocean Resort, Politics, Regulation, Singapore, Slot routes, Texas, The Strip, Tribal, Wall Street, Wynn Resorts
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Atlantic City disappoints, Internet gambling doesn’t
We’re going to have revise our prediction that Atlantic City would recover from Covid-19 faster than Las Vegas. Not at the rate things are going. March casino win was down 17% from 2019, coming in at $185 million. The Caesars … Continue reading
Posted in Alabama, Arizona, Atlantic City, Bally, Caesars Entertainment, China, DraftKings, FanDuel, Florida, Golden Nugget, Hard Rock International, Health, Internet gambling, Lotteries, MGM Resorts International, Mohegan Sun, New Jersey, New York, Ocean Resort, Pennsylvania, Philippines, Politics, Regulation, Seminole Tribe, Sports, Sports betting, Taxes, The Strip, Tribal, Wall Street, William Hill, Wynn Resorts
3 Comments
Missouri booms; Trop sale a steal of a deal
After a hiccup in Indiana, gaming revenues continued to march (pun unintended) upward from 2019 levels, which were pretty darn robust. Missouri gained 6% for a gross of $176.5 million, “one of the best months ever” according to JP Morgan … Continue reading
Posted in Arizona, Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, DraftKings, FanDuel, GLPI, Health, Iowa, MGM Resorts International, Missouri, Penn National, Regulation, Rush Street Gaming, Sports, Sports betting, Tamares Group, The Strip, Tribal, Wall Street, William Hill, Wisconsin
3 Comments
Trop flipped; Arizona, Maryland join sports-betting club
The Gaming & Leisure Properties Inc. regime at Tropicana Las Vegas was (as planned) a short-lived one. GLPI just announced that it has flipped the Trop to Bally’s Corp., which evidently couldn’t wait one minute longer to get onto the … Continue reading
Posted in Arizona, Atlantic City, Bally, Caesars Entertainment, Canada, Colorado, Delaware, Downtown, DraftKings, Entertainment, FanDuel, Foxwoods, GLPI, Golden Nugget, Illinois, Indiana, Iowa, Japan, Las Vegas Sands, Marketing, Maryland, MGM Resorts International, Mohegan Sun, Nevada, Penn National, Politics, Regulation, Sports, Sports betting, Tribal, Wall Street, William Hill
1 Comment
Illinois improves but Ohio sets record; Is Cuomo on crack?
Criticizing Illinois‘ casino performance is usually like tripping a dwarf: much too easy. But the Land of Lincoln posted some surprising results last month. Yes, it out performed March 2020 (+122%) but we’re comparing a full month of business with … Continue reading
Caesars looking good; Amtrak covets Vegas; Bally’s underwhelms
Joseph Greff and his fellow JP Morgan analysts looked at recent trends in Las Vegas and any place not named Atlantic City, and liked what they saw, raising their price target on the stock five bucks to $101/share. Positive factors … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, California, Cosmopolitan, Dining, Economy, Golden Nugget, Harry Reid, Health, Indiana, Marketing, MGM Resorts International, Michigan, Nevada, Oklahoma, Regulation, Reno, Station Casinos, Technology, Texas, The Rio, The Strip, Tourism, Transportation, Tribal, Wall Street, William Hill, World Series of Poker, Wynn Resorts
2 Comments
Caesars Saints?; Mattress Mack returns
Don’t like the misshapen circles which now represent Caesars Entertainment? Well, get used to them, especially if you’re a New Orleans Saints fan. The casino giant is dickering with the Mercedes-Benz Superdome for naming rights, although Saints and New Orleans … Continue reading
Posted in Animals, Bally, Caesars Entertainment, Canada, Colorado, DraftKings, Florida, Golden Nugget, Hard Rock International, Illinois, Louisiana, Mattress Mack, Politics, Scientific Games, Sheldon Adelson, Sports, Sports betting, Taxes, Technology, Texas, The Strip, Tourism, Tribal, TV, Virginia, Wisconsin, Wyoming
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Circa picketed; Sundry green shoots in Vegas; Sports book busted
If you cruise by Circa, you’re liable to see members of Teamsters Local 986 walking a picket line on behalf of the ‘Circa Seven,’ a group of unfortunate warehouse workers. The seven were employed by Derek Stevens‘ Three Corners company, … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Cordish Co., Derek Stevens, Dining, Downtown, Economy, Florida, Golden Nugget, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Money laundering, Ocean Resort, Regulation, Seminole Tribe, Sports, Sports betting, Tennessee, The Strip, TV, Virgin Hotels, Virginia, Wynn Resorts
2 Comments