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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Bally
Maryland dips; Boardwalk bulletin; Biden/BIA overreach
February was moderately unkind to Maryland casinos, which were down 3.5% from last year to reach $157 million. Top-grosser of course was MGM National Harbor, flat at $65.5 million. Reliable runner-up Maryland Live was close behind at $56 million, but … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., Dining, Failsinos, Florida, Golden Gaming, Golden Nugget, Horseracing, International, Internet gambling, Marijuana, Maryland, MGM Resorts International, Nebraska, New York, Penn National, Racinos, Regulation, Security, The Strip, Tribal
3 Comments
Vegas booming; Churchill Downs “messy”; Mega-Jottings
Nevada gambling winning catapulted 18% last month—yes, almost a 20% increase over post-Covid numbers (although January 2022 was dampened by Omicron). The good times just keep on rolling, to the tune of $1.2 billion. The Las Vegas Strip led the … Continue reading
Posted in Alabama, Aristocrat, Arizona, Atlantic City, Bally, Baseball, BetMGM, Boulder Strip, Century Casinos, Churchill Downs, Culinary Union, Downtown, DraftKings, Environment, Fontainebleau, Georgia, GLPI, Hard Rock International, Horseracing, Indiana, International, Internet gambling, Iowa, Lake Tahoe, Laughlin, Lotteries, Maverick Gaming, Mesquite, MGM Resorts International, Mohegan Sun, Movies, Nevada, New Hampshire, New York, North Carolina, North Las Vegas, Peninsula Pacific, Pennsylvania, Phil Ruffin, Politics, Reno, Resorts World LV, Rush Street Gaming, Slot routes, South Korea, Sports betting, Technology, The Rio, The Strip, Tribal, United Kingdom, Vici Properties, Virginia, Wall Street, Washington State, Wendover
1 Comment
Maryland, Illinois leap; Mega-Jottings
So where’s that recession? January revenues from Maryland casinos are in and the $167 million gross is a 9% improvement on 2022. None of the six gambling halls were revenue-negative. MGM National Harbor led the pack with $72 million, an … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Culinary Union, DraftKings, Entertainment, Full House Resorts, GLPI, Golden Gaming, Hard Rock International, Health, Illinois, Las Vegas Sands, Macau, Maryland, MGM Resorts International, New Jersey, Penn National, Real Estate, Resort fees, Station Casinos, The Strip, Vici Properties
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And the Oscar goes to …
Top Gun: Maverick. OK, we’re kidding. But not entirely. Due to the Motion Picture Academy‘s byzantine, ranked-choice voting for Best Picture, the $1.5 billion-grossing Tom Cruise spectacle (+1000 on DraftKings) could rack up enough second- and third-place votes to nab … Continue reading
Posted in Animals, Bally, Boyd Gaming, Diversity, DraftKings, Indiana, Las Vegas Raiders, Law enforcement, Marketing, Massachusetts, Mohegan Sun, Movies, New York, Politics, Regulation, Sports, Tribal, Wall Street
1 Comment
A peek at Penn; DraftKings retreats, Aruze tumbles
Wall Street analysts got an early look at Penn Entertainment‘s 4Q22 earnings, which were mildly adverse and poorer than The Street expected, and which point to a flat trajectory going forward through the early summer. Deutsche Bank analyst Carlo Santarelli … Continue reading
Posted in Bally, Baseball, Chicago, DraftKings, FanDuel, Hawaii, Illinois, International, Kazuo Okada, Marketing, Mattress Mack, New York, Penn National, Politics, Sports betting, Taxes, Wall Street
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Ohio dips; Bally’s unplugged; Macao booms
Here’s one for those of you who believe gambling is facing a recession: Revenue in Ohio fell 2% last month (yes, it took the Buckeye State until February to report December’s numbers). The haul was $193 million, which was still … Continue reading
Posted in Bally, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, DFS, Hard Rock International, Jack Entertainment, Las Vegas Sands, Macau, MGM Resorts International, Ohio, Penn National, Sports betting, Tourism, TV, Wall Street
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Nevada closes 2022 roaring; Lombardo’s big blunder
Gambling grosses for last month have been tallied and it’s an understatement to say they’re boffo. Nevada casinos raked in $1.3 billion, a 14% leap over 2021. You can see why we think that—as it pertains to gaming—a recession is … Continue reading
Posted in Atlantic City, Bally, Boulder Strip, Boyd Gaming, CQ Holdings, Downtown, Entertainment, Foxwoods, Greenwood Racing, Internet gambling, Iowa, Lake Tahoe, Las Vegas Sands, Laughlin, Law enforcement, Macau, Maryland, Mesquite, MGM Resorts International, Nevada, Palms, Penn National, Regulation, Reno, The Strip, Tribal, United Kingdom, Wendover, William Hill, Wisconsin
3 Comments
Case Bets
What do you do when there’s no really big story of the day? Bust out an order of Case Bets, what else. Let the fun begin … Rivers Portsmouth has already had a come-to-Jesus moment after its pro-smoking stance revolted … Continue reading
Sands impresses; Trump’s new Mob pal; Boardwalk blotter; Mega-Jottings
Wall Street was in a sunny mood this week after Las Vegas Sands‘ 4Q22 earnings presentation. As Credit Suisse analyst Ben Chaiken summarized, “two large takeaways in our view were strength in Singapore and what we felt was a positive … Continue reading
Posted in Animals, Atlantic City, Bally, Baseball, BetMGM, Caesars Entertainment, Charity, China, Colorado, Cretins, Derek Stevens, Dining, Donald Trump, Entertainment, FanDuel, Florida, history, IGT, Indiana, Iowa, Japan, Las Vegas Sands, Macau, Marijuana, Marketing, Massachusetts, Movies, New Jersey, New York, Pennsylvania, Politics, Singapore, South Korea, Sports, Sports betting, Taxes, Technology, Texas, The Mob, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, TV, Vici Properties, Wall Street
4 Comments
‘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
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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
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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
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