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Category Archives: Boyd Gaming
Lake Charles leads Louisiana; Caesars welcomes super-spreaders
Louisiana casino revenues continue to march upward, gaining 10% over 2019 in July. The statewide gross was $222 million. Business was especially lively in Baton Rouge, up 32%. That was propelled by L’Auberge Baton Rouge, vaulting 41% to $16 million. … Continue reading
Competitive vitality in Pennsylvania; The politics of casinos
Pennsylvania was late to the casino-recovery party but it’s finally arrived, up 1% in July over 2019 for a gross of $310 million, of which $223 million was won at the slots. The good news may be short-lived, in that … Continue reading
Posted in Alex Meruelo, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Card rooms, Centaur Gaming, Churchill Downs, Cordish Co., Derek Stevens, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Greenwood Racing, Health, Indiana, Internet gambling, Japan, Law enforcement, Marketing, Michael Gaughan, Mohegan Sun, Nevada, Oklahoma, Oregon, Penn National, Pennsylvania, PointsBet, Politics, Regulation, Rush Street Gaming, South Korea, Spectacle Entertainment, Sports betting, Station Casinos, Tamares Group, Taxes, Texas, Tribal, TV, Wall Street, West Virginia, Wynn Resorts
1 Comment
Illinois springs to life while Ohio erupts; Mohegan Sun jilted twice over
Stop the presses! Illinois casinos actually outperformed 2019 last month by 4%. That’s downright miraculous. They grossed $120 million, led by Rivers Casino Des Plaines‘ $47.5 million, a 28% vault. Harrah’s Joliet was a distant second with $14.5 million (-1%), … Continue reading
Posted in AGA, Arizona, Arkansas, Bally, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, DraftKings, G2E, Genting, Greenwood Racing, Hard Rock International, Health, Illinois, Internet gambling, Jack Entertainment, Japan, MGM Resorts International, Michigan, Missouri, Mohegan Sun, New Jersey, New York, Ohio, Penn National, Sports betting, Steve Wynn, The Rio, The Strip, Tribal, Wynn Resorts
4 Comments
Open season in New York; Ohio, Missouri boom; Scientific baffles
Rather than face (well-deserved) impeachment, New York State Gov. Andrew Cuomo (D) resigned in disgrace today. Which happened to coincide with the disclosure of the companies which have applied to be online sports betting provider(s) for the Empire State. Cuomo’s … Continue reading
Posted in Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Florida, FoxBet, Genting, Golden Gaming, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Las Vegas Sands, Lotteries, MGM Resorts International, Missouri, New York, Ocean Resort, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Scientific Games, Seminole Tribe, Sexual misconduct, Slot routes, Sports betting, Wall Street, William Hill, Wynn Resorts
Comments Off on Open season in New York; Ohio, Missouri boom; Scientific baffles
Masks back on, Las Vegas!; All’s right with the REITs
Mincing few words, MGM Resorts International CEO Bill Hornbuckle sent a letter to all employees, urging them to quit dithering and get their Covid-19 vaccinations, if they haven’t already. He pleaded, “In addition to the heart-wrenching thought of more illness … Continue reading
Posted in Bally, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Conventions, Delaware, Derek Stevens, Dining, Economy, GLPI, Health, history, Indiana, Kentucky, Lake Tahoe, Las Vegas Sands, Laughlin, Maryland, MGM Resorts International, Mississippi, Nevada, North Las Vegas, Penn National, Real Estate, Resorts World LV, Singapore, Sports betting, The Strip, Tribal, Wall Street
3 Comments
Boyd beats The Street but charts cautious course
“Massive beat” and “exceptional” results were some of the terms being bandied about after yesterday’s Boyd Gaming 2Q21 earnings call. Wall Street expected $803 million in revenue and Boyd delivered $896.5 million, while profit margins at its Las Vegas locals … Continue reading
Massachusetts stumbles, Louisiana cruises; Big blunder at Circa
Shazam! Massachusetts casino revenues for June were $84 million, 67% higher than 2019. But wait … as Deutsche Bank analyst Carlo Santarelli points out, Encore Boston Harbor wasn’t operational two years ago (it debuted on June 23, 2019), so on … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, Caesars Entertainment, California, Century Casinos, Churchill Downs, CQ Holdings, Derek Stevens, DFS, DraftKings, Economy, Golden Gaming, Health, Internet gambling, Laughlin, Louisiana, Massachusetts, MGM Resorts International, Missouri, Nevada, Penn National, Pennsylvania, Sports, Sports betting, TV, Westgate LV, Wynn Resorts
1 Comment
Indiana, Missouri stay strong; Mixed feelings about buffets
Casino winnings in Indiana came up just a few increments short of $200 million last month, a 13% gain on 2019. Hard Rock Gary came out of the blocks fast, grossing $26 million, although Horseshoe Hammond climbed 7% to retain … Continue reading
Posted in AGA, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, DraftKings, Entertainment, FanDuel, Full House Resorts, Health, Indiana, Internet gambling, Louisiana, Michael Gaughan, Missouri, New Jersey, Penn National, Pennsylvania, Philippines, PointsBet, Politics, Rush Street Gaming, Sports, Sports betting, William Hill, Wynn Resorts
1 Comment
CityCenter sale applauded; DraftKings sued twice over
Deutsche Bank analyst Carlo Santarelli took a gander at the terms of MGM Resorts International‘s purchase/re-sale of Aria and Vdara, and liked what he saw. He reaffirmed his “buy” rating on MGM shares, with a price target of $54. He … Continue reading
Posted in BetMGM, Boyd Gaming, Caesars Entertainment, CityCenter, Cretins, DraftKings, Dubai, Election, FanDuel, Health, Iowa, LVCVA, MGM Resorts International, Nevada, New Jersey, Peninsula Pacific, Penn National, Resorts World LV, Rush Street Gaming, Sports betting, The Strip, Virginia, Wall Street, William Hill
1 Comment
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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Trump banned; Richmond: The fix was in
Donald Trump won’t be opening a casino in Doral. Neither will anyone else. Not if the Doral City Council has its way. It voted unanimously to bar casino gambling within the city, which encompasses The Donald’s struggling resort. This has … Continue reading
Posted in Australia, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., Donald Trump, DraftKings, Entertainment, FanDuel, Florida, Health, Iowa, Mohegan Sun, Money laundering, North Dakota, Pennsylvania, Politics, Regulation, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, William Hill
3 Comments
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
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