Category Archives: Bally

Strip perceives no inflation woe; Union sells out workers health

Truist Securities analyst Barry Jonas recently took a tour of Las Vegas‘ C-suites, meeting with executives of seven companies. He concluded that “Despite market sentiment, operators remain generally positive.” Both the Las Vegas Strip and the recently declining locals market … Continue reading

Posted in Atlantic City, Bally, Chicago, Conventions, Derek Stevens, Economy, G2E, Golden Nugget, Health, Internet gambling, Law enforcement, Missouri, Mohegan Sun, New Jersey, Regulation, Rhode Island, Slot routes, Sports betting, The Strip, Tourism, Unite-Here, United Kingdom, Wall Street | 1 Comment

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

Strip carries Nevada; Atlantic City casinos play chicken

Nevada gambling revenues continued to climb in May, up 6% from last year, hitting $1.3 billion. The results were bifurcated, with tourist-dominated markets up and locals ones somewhat down. The Las Vegas Strip was the most obvious beneficiary, jumping 11.5% … Continue reading

Posted in Animals, Bally, Boulder Strip, Caesars Entertainment, California, Card rooms, Chicago, Churchill Downs, Downtown, Economy, Georgia, GLPI, Golden Nugget, Hard Rock International, Horseracing, Lake Tahoe, Laughlin, Law enforcement, Maryland, Mesquite, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Nevada, North Las Vegas, Ocean Resort, Real Estate, Regulation, Reno, Rhode Island, Sports betting, The Strip, Unite-Here, Wendover | Comments Off on Strip carries Nevada; Atlantic City casinos play chicken

A’s juiced into Vegas; Greed at the top; Study: Casinos blowing smoke; Industry endorses Hochul

Given that Oakland is well and truly fed up with the sorry Oakland Athletics, and with their pinchpenny ways, relocation to Las Vegas may be just what the doctor ordered. However, the manner in which the exit ramp is being … Continue reading

Posted in Bally, Baseball, California, Charity, Economy, G2E, Genting, Hard Rock International, Health, International, Kazuo Okada, Las Vegas Sands, Macau, MGM Resorts International, Nevada, New Jersey, New York, Palms, Philippines, Politics, Rush Street Gaming, The Strip, Tribal, Wynn Resorts | 1 Comment

Massachusetts upbeat; Station defiant; Atlantic City stalemate

Casinos in the Bay State clocked $91 million in revenue last month, a 5% improvement on last year. Encore Boston Harbor led the tiny pack with $58 million, growing 9.5%. Next up was MGM Springfield, performing surprisingly well. It was … Continue reading

Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, California, Churchill Downs, Derek Stevens, Economy, Election, Galaxy Entertainment, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Mohegan Sun, North Carolina, Ocean Resort, Peninsula Pacific, Penn National, Politics, Regulation, Slot routes, Sports betting, Station Casinos, Tourism, Transportation, Tribal, Unite-Here, Wynn Resorts | 1 Comment

Nasal amputation in Atlantic City; Goodbye, Hawaiian Marketplace

We’re back from vacation at last and pick up where we left: Atlantic City. The drop-dead date for contract talks (basically July 1, a full month past the expiry of the collective bargaining agreement) is drawing nigh and no progress … Continue reading

Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, Dining, Entertainment, FanDuel, Golden Nugget, Internet gambling, Kazuo Okada, Macau, Marketing, MGM Resorts International, Michigan, Pennsylvania, Philippines, Real Estate, Taxes, Technology, Texas, The Strip, Tilman Fertitta, Tribal, Unite-Here | Comments Off on Nasal amputation in Atlantic City; Goodbye, Hawaiian Marketplace

Atlantic City booms on eve of strike; Louisiana not so lucky

Staring down a seemingly inevitable strike on July 1 by Unite-Here, casinos in Atlantic City could at least take solace in a May that saw gaming revenues leapfrog 9% over last year. The total gross was $233 million, as slot … Continue reading

Posted in Architecture, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., CQ Holdings, Crown Resorts, Dining, Downtown, DraftKings, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Internet gambling, Louisiana, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tamares Group, Texas, Tourism, Tribal, TV, Unite-Here | 1 Comment

Special Edition

So we leave on vacation (I checked into the Westin O’Hare and didn’t leave the building for three and half days) and all hell breaks loose in Big Gaming. The breaking story was MGM Resorts International‘s decision to shuck Gold … Continue reading

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Century Casinos, Cordish Co., Crown Resorts, DraftKings, FanDuel, Full House Resorts, Gary Goett, Hard Rock International, Illinois, Indiana, International, Internet gambling, Japan, Macau, MGM Resorts International, Mississippi, Missouri, New York, Oklahoma, Penn National, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tribal, Unite-Here | 2 Comments

New look at Bally’s; Ohio hits a speed bump

Our East Coast correspondent visited Bally’s Atlantic City to check out its revisions and we’ll let his photos tell the story:

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Jack Entertainment, MGM Resorts International, Ohio, Penn National | 2 Comments

Maryland weaker, Illinois stronger; Mickelson in denial

Even as playing levels normalize from last year, gambling revenues continue their upward tread. Maryland, for instance, was 4% higher in May than a year ago (and 17.5% above 2019). Had there not been one fewer weekend day than in … Continue reading

Posted in Architecture, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Cordish Co., DFS, DraftKings, Economy, FanDuel, Genting, Golden Nugget, Hard Rock International, Health, Illinois, Maryland, MGM Resorts International, Nebraska, New Jersey, New York, Ohio, Penn National, Phil Ruffin, Politics, Problem gambling, Racinos, Sports, Sports betting, Taxes, Tribal, Virginia, Washington State | 1 Comment

Resorts World sheds a problem; Big Gaming fleeced in N.Y.

With the discreet closure of Tacos El Cabron, splashy Resorts World Las Vegas finds itself down one restaurant—and happy to be so. Evidently in their haste to get everything on line, Resorts World management didn’t fully perform their due diligence … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Canada, Chicago, China, Dining, DraftKings, FanDuel, Florida, Health, Illinois, Macau, Marketing, Massachusetts, New York, North Las Vegas, Penn National, Politics, Problem gambling, Regulation, Resorts World LV, Seminole Tribe, Sports betting, Station Casinos, Taxes, Tribal, Unite-Here, Virginia | Comments Off on Resorts World sheds a problem; Big Gaming fleeced in N.Y.

Atlantic City souvenirs

We’re feeling under the weather today, so we’re subletting S&G to our East Coast bureau. It reports that Harrah’s Philadelphia, a casino with all the charm of a warehouse, is looking to change its image. Coming later this month, it … Continue reading

Posted in Atlantic City, Bally, Caesars Entertainment, Entertainment, Golden Nugget, Ocean Resort, Pennsylvania | Comments Off on Atlantic City souvenirs

Bally’s bans smoking (sorta); Purge at Cosmo; Aussie renegades

Two and a half cheers for Bally’s Corp., which has banned smoking at table games at its two Rhode Island casinos. We’ll throw in the other half-cheer when Bally’s nixes smoking in all gambling areas. (Ironically, the company is part … Continue reading

Posted in Atlantic City, Australia, Bally, Chicago, CityCenter, Cosmopolitan, Crown Resorts, Health, Internet gambling, Law enforcement, Macau, MGM Resorts International, Michigan, Money laundering, Politics, Regulation, Rhode Island, Sports, Star Entertainment, United Kingdom | Comments Off on Bally’s bans smoking (sorta); Purge at Cosmo; Aussie renegades

Vegas Strip bullish, locals more bearish; Penn plummets

Nevada enjoyed a $1.1 billion gambling-revenue month in April, an 8.5% increase over last year. Powering this was the Strip with $593.5 million, a 23% improvement. Downtown, by contrast, suffered a setback, down 11% to $67 million. Utahns must have … Continue reading

Posted in Bally, Barstool Sports, Boulder Strip, Boyd Gaming, Caesars Entertainment, Chicago, China, CityCenter, Cosmopolitan, Cretins, Culinary Union, Downtown, Economy, Entertainment, Fontainebleau, Hard Rock International, Health, IGT, Lake Tahoe, Las Vegas Sands, Laughlin, Macau, Marketing, Mesquite, MGM Resorts International, Nevada, New York, North Las Vegas, Palms, Penn National, Reno, Resorts World LV, Rhode Island, Station Casinos, The Rio, The Strip, Tourism, Unite-Here, Wall Street, Wendover, Wynn Resorts | 2 Comments

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

Chicago casino doesn’t compute; Diller dinged; Boardwalk brouhaha

Sometime today, Chicago Mayor Lori Lightfoot (D) is expected to ramrod her choice of Bally’s Corp. through the City Council. Why the unseemly haste? Lightfoot desperately covets Bally’s $40 million in upfront money to prop up the Windy City’s tottering … Continue reading

Posted in Atlantic City, Bally, Caesars Entertainment, California, Chicago, Diversity, DraftKings, Economy, Hard Rock International, Illinois, Macau, MGM Resorts International, Nevada, Ocean Resort, Politics, Regulation, Security, Slot routes, Taxes, The Mob, The Strip, Tribal, Unite-Here, Wall Street, Wisconsin | 1 Comment

Steve Wynn, Commie stooge?; Resorts World LV jumps shark

If there’s one thing Steve Wynn loves almost as much as money (and women to whom he is not married) it’s the Red Chinese. He’s been warbling sweet nothings about them ever since he got a gig in Macao as … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, China, Churchill Downs, Cordish Co., Donald Trump, DraftKings, Economy, Entertainment, Failsinos, FanDuel, Florida, Greenwood Racing, Hard Rock International, history, Internet gambling, Macau, Michigan, Mohegan Sun, Penn National, Pennsylvania, PokerStars, Real Estate, Regulation, Resorts World LV, Rush Street Gaming, Sports betting, Steve Wynn, The Strip, WInd Creek, Wynn Resorts | 3 Comments

Atlantic City surges; Barstool’s Portnoy problem resurfaces

Casino revenue leapt 24% in Atlantic City from last April 2021, pulling in $253 million. Slot revenue rose 21% on 18% more coin-in, easily offsetting a 3% decline in table revenue on flat wagering. Borgata lapped the field, catapulting 60% … Continue reading

Posted in Arkansas, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Churchill Downs, Colorado, CQ Holdings, Cretins, DraftKings, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Louisiana, Marketing, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Regulation, Rush Street Gaming, Sports betting, Tribal, Wall Street, Wynn Resorts | 1 Comment

George of the Year; Kansas ayes sports betting, Missouri not

It’s only May but we have to give the nod to The Cosmopolitan of Las Vegas. Outgoing owner Blackstone Group graced all employees with $5,000 bonuses, an incredibly generous gesture. Blackstone certainly didn’t have to do it but they did … Continue reading

Posted in Australia, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Chicago, Cosmopolitan, Crown Resorts, Full House Resorts, Hard Rock International, Illinois, Indiana, Internet gambling, Kansas, Kazuo Okada, Macau, Marketing, MGM Resorts International, Missouri, Penn National, Phil Ruffin, Philippines, Politics, Rush Street Gaming, Security, Slot routes, Sociedade de Jogos de Macau, Sports betting, Star Entertainment, Virginia | Comments Off on George of the Year; Kansas ayes sports betting, Missouri not

Wynn treads water, IGT overachieves, Ohio and Missouri flatten

Pay no attention to the man behind the curtain (Xi Jinping). That was the message of Wynn Resorts‘ first-quarter earnings call. Some analysts weren’t having it, with Deutsche Bank‘s Carlo Santarelli opining that Macao was “the real story.” That being … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dan Lee, Economy, Full House Resorts, Hard Rock International, Health, IGT, Illinois, International, Internet gambling, Jack Entertainment, Lotteries, Macau, Maryland, Massachusetts, MGM Resorts International, Missouri, New York, Ohio, Oklahoma, Penn National, Real Estate, Regulation, Sports, Sports betting, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts | 3 Comments