Category Archives: Boyd Gaming

Big vote on Boardwalk; Horsey antics in Texas

Posted on June 10, 2014 by David McKee

“It’s going to be a very complicated and difficult negotiation.” So admits Unite-Here President Robert McDevitt of the mid-September scrum when all the casino collective bargaining agreements come up for renewal. McDevitt’s still tasting victory from last week’s vote at … Continue reading →

Posted in Atlantic City, Boyd Gaming, Donald Trump, Horseracing, Kentucky, MGM Mirage, Racinos, Regulation, Revel, Technology, Texas | Comments Off on Big vote on Boardwalk; Horsey antics in Texas

Indiana struggles, Ohio flourishes

Posted on June 10, 2014 by David McKee

Customers visited 8% in Indiana and spent 4% less. There were some salutary results. Pinnacle Entertainment‘s Ameristar East Chicago was up 2% and Boyd Gaming‘s Blue Chip saw revenues rise 3%. It was a big month for the racinos, with … Continue reading →

Posted in Ameristar, Boyd Gaming, Dining, Harrah's, Macau, Maryland, MTR Gaming, Ohio, Penn National, Pinnacle Entertainment, Racinos, Regulation, Scientific Games, Shuffle Master, Tropicana Entertainment, Wall Street | Comments Off on Indiana struggles, Ohio flourishes

May challenging for Iowa, disastrous for Illinois

Posted on June 6, 2014 by David McKee

At present, the Iowa Racing & Gaming Commission is mulling whether to put a casino in relatively isolated (see video) Jefferson. While they’re weighing that Wild Rose Entertainment project, here’s something else to ponder: The latest set of revenue numbers … Continue reading →

Posted in Ameristar, Boyd Gaming, Current, Economy, Harrah's, Illinois, Iowa, Isle of Capri, MGM Mirage, Neil Bluhm, Penn National, Pinnacle Entertainment, Regulation, Slot routes | Comments Off on May challenging for Iowa, disastrous for Illinois

Station’s waning clout; Off the rez with SCOTUS

Posted on May 29, 2014 by David McKee

Station Casinos‘ insistence on re-litigating the issue of slot parlors in Nevada seems to have finally driven some officials to the end of their patience. Assembly Majority Leader William Horne (D, right), the industry’s primary water carrier, tried to plump for a … Continue reading →

Posted in Boyd Gaming, Election, history, Missouri, Politics, Regulation, Slot routes, Station Casinos, Tribal | Comments Off on Station’s waning clout; Off the rez with SCOTUS

Internet gaming: More light than heat; Fieri in your face

Posted on May 27, 2014 by David McKee

“We are absolutely shocked by the slowness of the market.” Those are the words of 888.com CEO Brian Mattingley, with regard to Internet gambling in New Jersey. How slow is it? So much that 888 is shifting ad dollars from … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dining, Economy, Harrah's, Internet gambling, Marketing, Massachusetts, Mississippi, Politics, Regulation, Sheldon Adelson, The Strip | 1 Comment

Massive tribal victory in SCOTUS; Bad day at Hard Rock?

Posted on May 27, 2014 by David McKee

We should probably brace ourselves for dramatic new interpretations of the Indian Gaming Regulatory Act, following a surprising Supreme Court decision. The State of Michigan had been trying to get rid of a Bay Mills Indian Community casino that was … Continue reading →

Posted in Boyd Gaming, Culinary Union, Downtown, Hard Rock Hotel, Tribal, Warner Gaming | 1 Comment

And then there were fewer; The Culinary’s empty threats

Posted on May 20, 2014 by David McKee

Scratch two names from the mad scramble for a New York State casino. The vaguely interested Rolling Hills Entertainment is out but it was a long shot. Of greater consequence is Pinnacle Entertainment‘s abandonment of its pursuit of the Albany … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Culinary Union, Derek Stevens, Downtown, Harrah's, Illinois, Maryland, New York, Pinnacle Entertainment, Racinos, Tamares Group, Taxes, Terry Caudill | Comments Off on And then there were fewer; The Culinary’s empty threats

Cosmo: Now comes the hard part

Posted on May 19, 2014 by David McKee

Cosmopolitan of Las Vegas CEO John Unwin is crowing in triumph over Blackstone Real Estate Partners VII‘s staggeringly lavish purchase of the megaresort over which he presides. “This marks the beginning of the next chapter for The Cosmopolitan of Las Vegas … Continue reading →

Posted in Boyd Gaming, Cosmopolitan, Economy, Harrah's, James Packer, Japan, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Steve Wynn, Wall Street | 1 Comment

Shamelessness at Suffolk Downs

Posted on May 15, 2014 by David McKee

In a ludicrous reversal, the owners of Suffolk Downs offered to end horseracing at the track if the Massachusetts Gaming Commission would, pretty please with cream on top, give them a casino license. Up to that point, Suffolk Downs has … Continue reading →

Posted in Atlantic City, Boyd Gaming, California, Cretins, Horseracing, Massachusetts, MGM Mirage, Mohegan Sun, Regulation, Vdara Death Ray, World Series of Poker | Comments Off on Shamelessness at Suffolk Downs

Good news from Atlantic City; F-blew: This is the end

Posted on May 14, 2014 by David McKee

OK, so the Boardwalk was down 2% last month but, on a same-store basis (i.e., minus Atlantic Club), business was up 3%, given a shove over the top by $11 million in online-casino revenue, which is looking like a difference maker, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, Fontainebleau, Harrah's, Mohegan Sun, New York, Pennsylvania, Tropicana Entertainment, Trump Entertainment Resorts, Wall Street | 2 Comments

Tight squeeze in New Jersey

Posted on April 30, 2014 by David McKee

Boyd Gaming posted its 1Q14 results today and Borgata racked up a $3 million operating loss due to the rollout of Internet gambling. That number might be smaller if credit card companies weren’t throttling payment-processing on the games. The average … Continue reading →

Posted in Atlantic City, Boyd Gaming, Illinois, Internet gambling, Regulation | Comments Off on Tight squeeze in New Jersey

Curtains for Caesars Windsor?; Churchill Downs wants to be a player

Posted on April 25, 2014 by David McKee

Karl Henkel of the Detroit News makes a close analysis of the market situation in Detroit and sees portents of what has been happening in Atlantic City and Tunica. His analysis doesn’t just focus on gross revenues but, for instance, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Churchill Downs, Dan Gilbert, Detroit, Economy, Harrah's, Internet gambling, Isle of Capri, Louisiana, MGM Mirage, Mississippi, Pinnacle Entertainment, Racinos, Regulation, Tropicana Entertainment | Comments Off on Curtains for Caesars Windsor?; Churchill Downs wants to be a player

Caesars: The day after

Posted on April 23, 2014 by David McKee

New York resort developers may be reeling from the sudden entry of Caesars Entertainment into the picture, but that doesn’t mean they’ve given up the fight. After all, Caesars’ move only impacts the Catskills region, not the Capital one nor … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cordish Co., Foxwoods, Genting, Harrah's, Horseracing, International, Macau, Melco Crown Entertainment, MGM Mirage, New York, Penn National, Pennsylvania, Racinos, Sheldon Adelson | Comments Off on Caesars: The day after

Much ado about Massachusetts

Posted on April 18, 2014 by David McKee

Stephen Crosby, phlegmatic chairman of the Massachusetts Gaming Commission, makes a very unlikely looking lightning rod. But such he has become. He’s already drawn the wrath of Gary Loveman and now Boston Mayor Martin J. Walsh wants Crosby to recuse … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Foxwoods, Harrah's, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, Racinos, Regulation, Steve Wynn, Technology, Tribal | Comments Off on Much ado about Massachusetts

Ivey, cheater or genius?

Posted on April 15, 2014 by David McKee

Phil Ivey‘s run-in with the Borgata wasn’t his first instance of collision with a casino that thought it had been cheated. In both instances the casinos would appear to have themselves to blame for getting gulled by Ivey’s charm and … Continue reading →

Posted in Boyd Gaming, Dining, International | 1 Comment

Soft landing in Atlantic City; Sweating the slots

Posted on April 14, 2014 by David McKee

A 4% increase in online play helped soften the landing for Atlantic City this month. With cyber-revenue factored into the equation, casinos were down only 2% on a same-store basis. Slot revenue fell 10% but the odds were in the … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cretins, Harrah's, Mohegan Sun, Ohio, Penn National, Regulation, Revel, Technology, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts | Comments Off on Soft landing in Atlantic City; Sweating the slots

Kill Phil and other pleasantries

Posted on April 14, 2014 by David McKee

That’s what Borgata would like to do to poker pro Phil Ivey. It is suing him after he cleaned them out of nearly $10 million at the baccarat tables. The suit contends that Ivey and a co-conspirator discovered a flaw … Continue reading →

Posted in Atlantic City, Boyd Gaming, Genting, Iowa, Penn National, Pennsylvania, Sheldon Adelson, Tilman Fertitta, Tropicana Entertainment, Warner Gaming | Comments Off on Kill Phil and other pleasantries

Progress and caution

Posted on April 11, 2014 by David McKee

International Game Technology made history yesterday when it unrolled its Powerbucks interstate, progressive jackpot. Under this technological umbrella, IGT games at 22 Caesars Entertainment and Boyd Gaming properties in Las Vegas can be connected with those at five casinos in Atlantic … Continue reading →

Posted in Atlantic City, Boyd Gaming, Economy, Harrah's, IGT, Iowa, New York, Penn National, Pinnacle Entertainment, Racinos, Technology, The Strip, Tourism, TV, Wall Street | 1 Comment

Belaboring the obvious; Ohio’s growing pains

Posted on April 8, 2014 by David McKee

What is being hailed as a major breakthrough in problem-gambling treatment rests upon some observations that don’t seem to be particularly novel. Disordered gambling is being blamed on the insula area of the brain, crucial to forming emotions. So far, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cordish Co., Dining, Hard Rock International, Harrah's, Maryland, Ohio, Penn National, Problem gambling, Racinos, Regulation, Technology | Comments Off on Belaboring the obvious; Ohio’s growing pains

Penn tanks in Illinois, Bluhm ascends; The casino transfer that wasn’t

Posted on April 7, 2014 by David McKee

There were two clear winners in Illinois last month and one big loser — Penn National Gaming. Performing worse than expected,  Penn had double-digit declines at all four of its casinos: Empress Joliet (-14%), Hollywood Aurora (-14%), Alton Belle (16%) … Continue reading →

Posted in Boyd Gaming, Dan Gilbert, Detroit, Harrah's, Horseracing, Lake Tahoe, Massachusetts, Neil Bluhm, Penn National, Regulation, Taxes | 1 Comment