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Category Archives: Caesars Entertainment
Up in Louisiana, down in Pennsylvania; Close Las Vegas?
It’s an extraordinary circumstance when a 19.5% drop in gambling revenue is a cause for celebration. But it happened in Louisiana, suggesting a stronger-than-expected comeback from the casino shutdown. Given that there was one fewer weekend day last month, the … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Donald Trump, Economy, Eldorado Resorts, FanDuel, Golden Nugget, Health, Internet gambling, Louisiana, Mohegan Sun, Nevada, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tribal
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Caesars gets wrist slapped in Atlantic City
Casino developers with eyes for Atlantic City just got their biggest break in years—or at least since the demise of Trump Taj Mahal. Assuming the Eldorado Resorts takeover of Caesars Entertainment goes through (and there’s no reason to believe otherwise), … Continue reading
Slot routes feel Sisolak’s wrath
Even after they were ordered to enforce mask-wearing or else, some casinos continue to flout the rules. Clark County conducted 1,600 inspections and found deficiencies at Silverton, an absence of social distancing at the Aria pool and no effort being … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Dining, Eldorado Resorts, Election, Golden Nugget, Indiana, Internet gambling, Las Vegas Sands, MGM Resorts International, Nevada, New Jersey, Ocean Resort, Regulation, Silverton, Slot routes, Sports betting, The Strip, Tribal, Unite-Here
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Mixed signals from Vegas
Reading the Las Vegas tea leaves on a daily basis has one oscillating between seeing a faster-than-anticipated or slower-than-expected recovery. Case in point: Penn National Gaming‘s lack of plans to reopen the Tropicana Las Vegas. It’s worth remembering that Penn … Continue reading
Posted in Caesars Entertainment, Derek Stevens, Donald Trump, Economy, Entertainment, GLPI, Health, M Resort, Nevada, Penn National, Phil Ruffin, Reno, Sahara, Technology, The Strip
1 Comment
Canary in the coal mine
In Asian cultures, safety protocols like wearing a face mask are routine—they’ve dealt with viral outbreaks in the past, it’s not unusual,” gaming consultant Andrew Klebanow told Global Gaming News. And though Covid-19 cases spiked at 17,000 in Singapore, Klebanow’s … Continue reading
Chicago compromise effected
Windy City Mayor Lori Lightfoot (D) may have won a battle but is still losing the war. The Illinois Lege has passed—and Gov. J.B. Pritzker (D) has signed—a ‘relaxation of Chicago‘s 72% casino tax, a burden so onerous it would … Continue reading
Posted in Boulder Strip, Caesars Entertainment, California, Environment, Greenwood Racing, Health, Illinois, Internet gambling, MGM Resorts International, Michigan, North Las Vegas, Oklahoma, Politics, Sports betting, Station Casinos, Taxes, The Strip, Tribal
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Big Bellagio blunder
Given the dearth of major-league sports in the U.S., Nevada sports books have reluctantly turned to South Korean and Chinese baseball for betting fodder. This led to a novice mistake in the wee hours of June 28, when one could … Continue reading
Bay State casinos to reopen
Although Massachusetts casinos are eligible to reopen on July 5, it’s looking far likelier that July 12 will be the dawn of a new era in the Bay State. One mandate certain to raise hackles is that players can no … Continue reading
Posted in Ameristar, Atlantic City, Caesars Entertainment, California, Card rooms, Cosmopolitan, Downtown, Eldorado Resorts, Entertainment, Hard Rock International, Health, history, Laughlin, Massachusetts, MGM Resorts International, Mississippi, Missouri, Mohegan Sun, Palms, Penn National, Politics, Regulation, Station Casinos, Tribal, Twin River, Wynn Resorts
2 Comments
Anatomy of a lawsuit
As threatened, the Culinary Union has launched legal action against Las Vegas casinos and their restaurants, and they’re thinking large. Instead of going after low-hanging fruit like the Wildfires of the world, the Culinary is starting with the big boys, … Continue reading
May’s cupboard empty
With Nevada casinos closed all May, gaming revenue was a ghost of its former self, down 99.5%, kept alive by mobile sports wagering and online poker. Silver State casinos grossed just under $6 million. Reno, Laughlin and Lake Tahoe all … Continue reading
Posted in Caesars Entertainment, Cirque du Soleil, Derek Stevens, Downtown, Economy, Eldorado Resorts, G2E, Hard Rock International, Health, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Louisiana, MGM Resorts International, Ohio, Phil Ruffin, Politics, Regulation, Reno, Technology, The Strip, Tilman Fertitta, Tourism, Transportation, Wall Street
2 Comments
See Vegas and die
Phil Ruffin and Terry Caudill are singled out as bad actors in a sweeping new lawsuit being filed even as we speak by the Culinary Union. It alleges, among other things, that neither Circus Circus nor the Four Queens nor … Continue reading
Case Bets
Rather than have a Vegas-only policy, MGM Resorts International has chosen to make face masks mandatory for customers at all its properties nationwide. It might cost them a little bit of business but it’s the right thing to do. This … Continue reading
Crackdown in Vegas
Perhaps Las Vegas will not be the latest vector of Covid-19 after all. Having taken a wait-and-see attitude toward safety protocols during the shutdown, Caesars Entertainment was first out of the gate in cracking down on mask scofflaws. The company … Continue reading
Penn, Boyd bushwhack jobs
There’s still no timeline for Tropicana Las Vegas to reopen, certainly not by mid-July. That news comes as Penn National Gaming slashed 2,575 jobs over eight states. Evidently Penn doesn’t expect the current surge in business to last, as most … Continue reading
Wear that mask!
There are occasions on which we hate to be proven right but the current state of events in Las Vegas is one of them. For instance, two individuals have tested positive for Covid-19 at the Flamingo Las Vegas. Since the … Continue reading
Posted in Arizona, Caesars Entertainment, Culinary Union, Downtown, Economy, Health, MGM Resorts International, Regulation, Taxes, Tribal, TV
4 Comments
Louisiana sees fewer, richer players
Gambling re-started in Louisiana May 18, albeit with some significant casualties. Harrah’s New Orleans and Fair Grounds racino weren’t able to wade in until the end of the month and Diamond Jack’s is kaput. Despite mad business early in reopening, … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Detroit, DraftKings, Eldorado Resorts, FanDuel, GLPI, Golden Nugget, Greenwood Racing, Health, Internet gambling, Louisiana, Michigan, Penn National, Pennsylvania, PokerStars, Rush Street Gaming, Sports betting, Taxes, Tribal, Wall Street
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Caesars slashes costs; Circa to open early
News out of Eldorado Resorts and Caesars Entertainment, where Tom Reeg is showing the whip hand, are good for investors, maybe not so much for customers. In a period in which revenue fell 21%, cash flow rose 16%, thanks in … Continue reading
Notes from hither and yon
In an effort to stay ahead of Coronavirus, resorts in Las Vegas are bringing back a chilled-out version of the traditional pool party. Some will require reservations for admission, and non-guests will have to book daybeds and cabañas. Out: DJs. … Continue reading
Quote of the Day
“Stayed at the D on the 6th of June, was a little taken back by the lack of social distancing and crowded conditions. The D was doing temperature checks of everyone coming through the doors but unlike the other casinos … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Derek Stevens, Dining, Downtown, Downtown Grand, El Cortez, Golden Nugget, MGM Resorts International, Terry Caudill, The Strip, Tourism
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‘Net bets carry Atlantic City; Clubs face crisis
Internet casinos are in New Jersey to stay. They grossed $86 million last month, their highest amount ever. That’s 135% more than a year ago. Golden Nugget was tops with $29 million, followed by Resorts Digital ($18 million) and Borgata … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Downtown, DraftKings, Economy, Entertainment, Florida, Golden Nugget, Health, Horseracing, International, Internet gambling, Las Vegas Sands, LVCVA, MGM Resorts International, Mississippi, Morris Bailey, New Jersey, New York, Ohio, Resorts World LV, Seminole Tribe, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Wynn Resorts
2 Comments