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Category Archives: Bally
Meet Lori Leadfoot; Flamingo shopped
A comedy of errors is playing out in Chicago. After Mayor Lori Lightfoot (D) was reported by the Chicago Sun-Times to have gift-wrapped the winning bid for Bally’s Corp., Her Honor immediately backpedaled, saying, “We have a very specific process, … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Economy, Hard Rock International, Illinois, Indiana, Michigan, Nebraska, Neil Bluhm, Ocean Resort, Planet Hollywood, Politics, Real Estate, Regulation, Rush Street Gaming, San Manuel Band of Mission Indians, Slot routes, Sports betting, The Strip, Tilman Fertitta, Tribal
1 Comment
Caesars, Station fulfill expectations; Flamingo to be sold; Chicago: It’s Bally’s
Analysts on Wall Street are going to be ratcheting up their forecasts for Caesars Entertainment for the remainder of 2022. Or so says Deutsche Bank analyst Carlo Sanatarelli. The Roman Empire’s 1Q22 cash flow of $296 million exceeded The Street’s … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Conventions, Economy, Hard Rock International, Illinois, Indiana, Internet gambling, Louisiana, Palms, Politics, Rush Street Gaming, Sheldon Adelson, Sports betting, Station Casinos, Technology, The Rio, The Strip, Wall Street
3 Comments
Chicago blew it; Times Square, anyone? Monday Mega-Jottings
Even as Chicago Mayor Lori Lightfoot (D) blunders forward with her megaresort campaign, more voices are being raised in criticism of how the Second City is going about the process. A Crain’s Business analysis determined that “Each location appears to … Continue reading
Posted in Architecture, Aristocrat, Atlantic City, Australia, Bally, Baseball, BetMGM, Caesars Entertainment, Chicago, China, Crown Resorts, Derek Stevens, Election, Entertainment, Environment, FanDuel, Galaxy Entertainment, GLPI, Hard Rock International, Health, Illinois, International, Kansas, Las Vegas Sands, Law enforcement, Macau, Marketing, Massachusetts, MGM Resorts International, New York, North Carolina, Pennsylvania, Planet Hollywood, Politics, Real Estate, Regulation, Resorts World LV, Rush Street Gaming, Sports betting, The Strip, Tribal, United Kingdom, Virginia
1 Comment
Windy City shakedown; Strip explodes, Palms reborn
$75 million or else. That’s extortionate Chicago Mayor Lori Lightfoot‘s latest demand of casino applicants. If you win the bid, fork over the cash. Her Dishonor might settle for ‘only’ $40 million on the barrelhead, followed up by a $2 … Continue reading
Posted in Bally, Boulder Strip, Boyd Gaming, Chicago, China, Downtown, Florida, Hard Rock International, Health, International, Lake Tahoe, Las Vegas Sands, Laughlin, Macau, Mesquite, Nevada, New York, North Las Vegas, Palms, Politics, Regulation, Reno, Rush Street Gaming, San Manuel Band of Mission Indians, Singapore, Station Casinos, Taxes, Texas, The Strip, Tourism, Wall Street, Wendover
1 Comment
Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Atlantic City casinos leapt 17% from March 2021, grossing $216.5 million. Except for Tropicana Atlantic City, which was flat at $19 million, almost everyone posted relatively impressive gains. Borgata‘s $55 million (+18%) predictably topped the market, while Hard Rock Atlantic … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, California, Card rooms, Charity, Chicago, Derek Stevens, Gary Goett, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Neil Bluhm, Ocean Resort, Phil Ruffin, Politics, Problem gambling, Reno, Rush Street Gaming, Spectacle Entertainment, Sports betting, Technology, West Virginia
Comments Off on Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Politics as unusual in Chicago; Caesars: Rock the casbah
It never seems to get easier for Chicago casino applicants, who are facing stony opposition from many of their would-be neighbors (and customers) and who also find themselves pawns in a convoluted political process. At stake is something called “aldermanic … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Culinary Union, Detroit, Hard Rock International, Horseracing, Illitch Family, Indiana, International, Lotteries, MGM Resorts International, Neil Bluhm, Nevada, New York, Penn National, Politics, Regulation, Rush Street Gaming, Station Casinos, Wall Street, Wynn Resorts
2 Comments
Casinos in clover nationwide; Mega-Jottings for a Monday
Masters Week has come and gone, and Augusta now sinks back into an 11-month torpor. Which also helps us return to standard-edition S&G. (Seen on the marquee of the church closest to Augusta National: “This is Amen Corner.”) Where to … Continue reading
Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Conventions, CQ Holdings, Current, Derek Stevens, Diversity, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Georgia, Hard Rock International, Illinois, Indiana, International, Jack Entertainment, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Missouri, Nevada, New York, North Las Vegas, Ohio, Palms, Penn National, Pennsylvania, Politics, Racinos, Sahara, Singapore, Sports, Sports betting, Taxes, Tribal
1 Comment
Optimism in Las Vegas; Bluhm bombs in Chicago
On his way home from Black Hawk, Colorado, gaming analyst Barry Jonas of Truist Securities popped into Las Vegas. He met with various and sundry publicly traded companies, even MGM Resorts International, for which he feels little love. He also … Continue reading
Posted in Arizona, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Chicago, DraftKings, Economy, Everi, FanDuel, Florida, G2E, Hard Rock International, Health, IGT, Las Vegas Sands, MGM Resorts International, Neil Bluhm, Palms, Penn National, Politics, Problem gambling, Rush Street Gaming, Scientific Games, Sports betting, Station Casinos, Technology, Tribal, Virginia, Wall Street
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Chicago tips its hand; Wynn loses; Thunder Down Under
Would somebody clue in Chicago Mayor Lori Lightfoot (D) that Neil Bluhm‘s Rush Street Gaming is no longer the majority owner of Rivers Casino Des Plaines? That honor goes to Churchill Downs. But Lightfoot is using Des Plaines as a … Continue reading
Posted in ABBA, Animals, Architecture, Australia, Bally, Boulder Strip, Caesars Entertainment, California, Chicago, Crown Resorts, Entertainment, Environment, Hard Rock International, Health, Indiana, International, Internet gambling, Japan, Law enforcement, Macau, Marijuana, MGM Resorts International, Michigan, Money laundering, Neil Bluhm, New York, Regulation, Rush Street Gaming, Sexual misconduct, Sports, Sports betting, Star Entertainment, Steve Wynn, Technology, The Strip, Tribal, Wynn Resorts
1 Comment
Make theirs Manhattan: Hochul plays hardball
Representatives of New York City‘s ritziest borough have made it abundantly clear that they don’t want a casino in Manhattan. But it appears that Gov. Kathy Hochul (D) is going to impose one on them, public appetite be damned. Perhaps … Continue reading
Posted in Bally, Genting, Hard Rock International, Horseracing, Las Vegas Sands, Louisiana, Nevada, New York, Politics, Sports, Sports betting, Taxes, Tribal
Comments Off on Make theirs Manhattan: Hochul plays hardball
Up and down the Boardwalk
Since we’re heavily engaged bringing the next issue of Casino Life Magazine into safely harbor, we’re reaching out to our East Coast bureau for another Atlantic City photo essay. Above, business looks pretty good at Hard Rock Atlantic City. Note … Continue reading
Posted in Atlantic City, Bally, Golden Nugget, Hard Rock International, Marketing, MGM Resorts International
Comments Off on Up and down the Boardwalk
Chicago: Then there were three … ; Leaner, meaner Boyd
Enjoy these images of Rivers McCormick while you can because you’ll never see them again. Chicago Mayor Lori Lightfoot has nixed McCormick Place as a potential site for a casino, setting Bally’s Corp. and especially Rush Street Gaming down a … Continue reading
Posted in Bally, Boyd Gaming, Chicago, Culinary Union, Economy, Hawaii, Marketing, Neil Bluhm, Politics, Regulation, Rush Street Gaming, Station Casinos, Taxes, Tourism, Transportation
1 Comment
Atlantic City, Massachusetts make big gains; Hotel misery
Casino executives in Atlantic City continue to plead poverty (to a dwindling amen corner) when it comes to poisoning their employees with secondhand smoke. In the meantime, they’re pocketing business hand over fist. Last month saw a 43% catapult over … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, Environment, FanDuel, Golden Nugget, Hard Rock International, Health, Internet gambling, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, PointsBet, Sports betting, The Strip, Tilman Fertitta, Unite-Here, Wynn Resorts
2 Comments
New York $tate of mind; DraftKings gets rabies
OK, so New York State sports betting “slowed slightly” last month. Big deal. After all, there weren’t five weekends of NFL action, for starters. What’s more newsworthy is the $1.5 billion in handle that Empire State online sports betting whipped … Continue reading
Ohio, Illinois ebullient; MGM expects good things; Scandal in NFL
Ohio casino revenues were up 13% from 2021, yielding $179 million in player losses. Slots-only MGM Northfield Park posted a $22.5 million haul, up 17%, while Jack Cleveland vastly expanded its table game inventory and saw table play rise 24.5%. … Continue reading
Posted in Arkansas, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Conventions, DraftKings, Economy, Hard Rock International, Illinois, Internet gambling, Jack Entertainment, Japan, Marketing, MGM Resorts International, Ohio, Penn National, Sports, Sports betting, The Strip, Tribal, United Kingdom, Vietnam, Virginia
1 Comment
Boardwalk bulletin; George gesture from Apollo
Pressure to end smoking in New Jersey casinos continues to ramp up on legislators. Said former governor Richard Codey (now a state senator), “When I was governor, we passed smoke-free legislation that covered almost all of our state. Restaurants complained … Continue reading
Posted in Apollo Management, Architecture, Atlantic City, Bally, Caesars Entertainment, Colorado, Conventions, Dan Lee, Dining, Donald Trump, Genting, Golden Nugget, Health, Macau, Marketing, MGM Resorts International, Politics, Problem gambling, Regulation, Resorts World LV, Sports, Sports betting, Texas, The Strip, Virginia
1 Comment
IGT: Biz as usual; Borgata ups the ante; Mega-Jottings
Wall Street analysts were rather ho-hum about International Game Technology‘s 4Q21 earnings announcement. The company’s cash flow from lotteries were almost exactly as predicted ($335.5 million, revenue of $687 million) while gaming brought in $66 million (on revenues of $321 … Continue reading
Posted in Atlantic City, Bally, Chicago, Cretins, Crown Resorts, Entertainment, Hard Rock International, Health, IGT, International, Internet gambling, James Packer, Law enforcement, Macau, MGM Resorts International, Missouri, New York, Ocean Resort, Philippines, Politics, Sports betting, Taxes, The Strip, Virginia, Wall Street
1 Comment