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Category Archives: Caesars Entertainment
Maryland maxed out; Adelson’s $40 million lesson
Casino revenues in the Free State continue to be flat. Maryland gambling houses grossed $149 million last month. MGM National Harbor‘s $62.5 million—a 4.5% gain—led the state. Slots were down 2% at MGM but table win up 12%, a development … Continue reading
Posted in Caesars Entertainment, Churchill Downs, Cordish Co., Downtown, Environment, Golden Gaming, Harry Reid, Las Vegas Sands, Law enforcement, Maryland, MGM Resorts International, Penn National, Sheldon Adelson, Technology, Terry Caudill
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Eyes on Atlantic City; ‘Smart chips’ a health menace?
It’s barely 2020 and already The Press of Atlantic City has identified the Boardwalk’s top five stories of the year. They are: 1) The evolving Eldorado Resorts takeover of Caesars Entertainment. Early indications are that Eldorado will try to keep … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Connecticut, Donald Trump, Economy, Eldorado Resorts, Environment, Foxwoods, history, Indiana, Internet gambling, Macau, Marketing, Mohegan Sun, Pennsylvania, Politics, Racinos, Regulation, Spectacle Entertainment, Sports betting, Tilman Fertitta, Transportation
2 Comments
Japan scandal grows; Caesars slammed
Japan‘s 500.com bribery case continues to spread. An additional five Nipponese lawmakers have been implicated, accused of taking $9,249. The notion that Japanese solons would sell their souls for such chump change indicates how desperately they want to get in on the … Continue reading
Brandes’ big bet; Skill-based slots catching on
“We think it’s time for Florida to take it out of the shadows and into the sunshine,” said state Sen. Jeff Brandes (R). He was speaking of sports betting which, like daily fantasy sports, is currently illegal in the Sunshine … Continue reading
New Year’s Eve Jottings
Jottings: Eldorado Resorts is taking care of some unfinished business while the Caesars Entertainment merger goes through. It’s reported to be close to settling a lawsuit with Isle of Capri Boonville workers who were litigating the company over time-card-protocol violations … … Continue reading
Posted in Caesars Entertainment, Dining, Eldorado Resorts, Missouri, The Mob, The Strip
2 Comments
End-of-Year Case Bets
In a retrospective mood, the American Gaming Association has chosen the top eight gaming stories of the past year, ranked here in descending order. They are: The Caesars Entertainment takeover by Eldorado Resorts. ‘Nuff said. Allegations that Encore Boston Harbor is … Continue reading
Posted in Caesars Entertainment, California, Canada, Carl Icahn, Donald Trump, Eldorado Resorts, Election, Harrah's, Japan, Lake Tahoe, Las Vegas Raiders, Law enforcement, Louisiana, Lucky Dragon, Maryland, Massachusetts, MGM Resorts International, Mississippi, Money laundering, Oklahoma, Problem gambling, Resort fees, Sports, Sports betting, The Strip, Tribal, Wynn Resorts
1 Comment
Land of the Rising Frustration; Gaming hangup in Connecticut
We’ve been saying all along that the risk/reward ratio in Japan isn’t that great, especially when you’re expected to build the world’s most expensive casinos, starting at $10 billion. Nothing remotely that costly has been tried in gaming, much less … Continue reading
Posted in Caesars Entertainment, Connecticut, Internet gambling, Japan, Las Vegas Sands, Lotteries, Mohegan Sun, Politics, Sports betting, Wall Street
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Louisiana stagnant, Michigan a sports-betting go
An extra weekend day didn’t do bupkis for Louisiana, where November gaming revenues ($205 million) were flat with last year’s. The good news is that Baton Rouge, so troubled a market, was incrementally higher than in 2018. Eldorado Resorts‘ Belle … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, China, Churchill Downs, Detroit, Economy, Eldorado Resorts, GLPI, Indiana, Internet gambling, Louisiana, Macau, Michigan, Movies, New Jersey, Penn National, Pennsylvania, Sexual misconduct, Sports betting, Taxes, Tilman Fertitta, Tribal, Wall Street
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Tribal gambling rampant in Oklahoma?; Penn National gets swindled
Could “casinos and smoke shops soon begin popping up on every corner of downtown Tulsa?” So wondered Indian Country Today about a Supreme Court case that could dramatically alter the complexion of tribal gaming in Oklahoma. (Serves Kevin Stitt right.) The … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Churchill Downs, Culinary Union, Eldorado Resorts, Galaxy Entertainment, Genting, Illinois, Japan, Las Vegas Raiders, Law enforcement, Macau, MGM Resorts International, Oklahoma, Pansy Ho, Penn National, Regulation, Sociedade de Jogos de Macau, Sports, Sports betting, The Rio, Tribal, World Series of Poker, Wynn Resorts
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Sports wagering booms in Pennsylvania; Casino crime wave in Philippines
Spurred by mobile wagering, the Pennsylvania sports-betting market exceeded $300 million in handle last month. Said PlayPennsylvania.com analyst Dustin Gouker, “Plagued with relatively high gaming taxes and early hurdles to its online launch, Pennsylvania’s future as a legal sports betting jurisdiction … Continue reading
Station faces the music; Atlantic City dissed
Imagine how much of a world of hurt Station Casinos would be in if DJs Marshmello and Skrillex hadn’t quit instead of having their high-priced sinecures ($60 million in Mr. Marshmello’s case) terminated, as happened to Ryan Raddon, aka Kaskade. … Continue reading
Atlantic City up in November; Sports betting comes to Michigan
Gross gaming revenues of $224 million in Atlantic City last month represented a 7% gain. Table games (+11%) led the way, followed by slot revenues, up 6%. Table win at Borgata rose 14.5% on 7% more wagering, as the house … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, DFS, e-sports, Economy, Eldorado Resorts, Environment, FanDuel, Greenwood Racing, Hard Rock International, Internet gambling, MGM Resorts International, Michigan, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, Politics, Rush Street Gaming, Sports betting, Taxes, Tilman Fertitta, Tribal
1 Comment
Mega-Jottings
What do you do when the news is too short to justify a paragraph but too big to be ignored? How about a big-ass session of … Jottings: Mike Brooks and Tim Brooks, owners of the Emerald Isle Casino are … Continue reading
Posted in Animals, Caesars Entertainment, Dan Lee, Eldorado Resorts, Full House Resorts, GLPI, International, Japan, Kansas, Louisiana, Nevada, Penn National, Scientific Games, South Korea, Spectacle Entertainment, Taxes, Wall Street
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What gives, Indiana?; Galaxy ousted from Philippines
Despite the excellent November performance of surrounding Midwest states, Indiana casinos were up only 1% last month. Factor in an extra weekend day this year and that’s a pretty underwhelming result. In its last full month of service, riverboat Glory of … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Dining, DraftKings, Eldorado Resorts, FanDuel, Full House Resorts, Galaxy Entertainment, Indiana, MGM Resorts International, Ohio, Penn National, Philippines, Rush Street Gaming, Spectacle Entertainment, Sports, Sports betting, The Mob, The Strip, Tropicana Entertainment
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Around the gambling world in nine stops
Please welcome new Stiffs & Georges guest contributor Cora Lee, a travel writer whose article on Japan‘s consumer culture was linked to S&G last week. Here is her debut S&G feature. Enjoy! Some places are known for their tropical islands, … Continue reading
Illinois up, Maryland flat, Palms sued
Enjoy it while it lasts, Illinois. Gaming revenues shot up 8%, a welcome bit of good news. One extra weekend day surely helped although we find it hard to believe that entirely accounts for the variance. The overall gross was … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, CityCenter, Cordish Co., Eldorado Resorts, Entertainment, FanDuel, GLPI, Golden Gaming, Illinois, Law enforcement, Maryland, MGM Resorts International, Palms, Penn National, Phil Ruffin, Sports, Sports betting, Station Casinos, Tilman Fertitta, Virginia, West Virginia
1 Comment
Tumult in Atlantic City; Goodell’s exquisite hypocrisy
Atlantic City casinos have had enough with the town’s mayoral office. They want it eliminated in favor of a city manager. Difficult to argue with that one. Except for Don Guardian, we haven’t seen one A.C. mayor we’ve liked. The … Continue reading
Posted in Arizona, Atlantic City, Caesars Entertainment, China, Dining, Election, Entertainment, history, Indiana, Macau, Melco Resorts & Entertainment, MGM Resorts International, Oscar Goodman, Politics, Sports betting, Steve Wynn, The Strip, Tilman Fertitta, Tourism, Unite-Here, Wall Street, Wynn Resorts
1 Comment
Dems court Culinary vote; Scandal in Austria
Democratic presidential candidates are hardly taking the Nevada caucuses for granted. Sen. Kamala Harris (D) has already been once to Las Vegas (in vain) as has Joe Biden. The latter probably endeared himself to Culinary Union members by having a contretemps with … Continue reading
Posted in Caesars Entertainment, California, Canada, China, Culinary Union, Derek Stevens, Election, Foxwoods, International, Japan, Law enforcement, Macau, Michigan, Movies, New York, Penn National, Politics, Singapore, Station Casinos, Steve Wynn, Tourism, Tribal
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Norment’s Torment; New hope for Cal-Neva
Virginia state Sen. Tommy Norment (R) hasn’t been paying attention to the performance of MGM National Harbor. Placing a resort casino in northern Virginia would be, he says, “complete folly.” Instead, Old Virginny will have to put its hopes on … Continue reading
Posted in Caesars Entertainment, Canada, Dubai, Economy, history, Horseracing, International, Lake Tahoe, Law enforcement, Lotteries, Maryland, MGM Resorts International, Money laundering, New York, Ohio, Politics, Problem gambling, Resort fees, Sports, Sports betting, Taxes, The Strip, Tilman Fertitta, Transportation, Tribal, Virginia
1 Comment
‘Sharp’ criticism of Congress; MGM a popular stock pick
Newly elected National Congress of American Indians President Fawn Sharp wasted no time in opening a can of whup-ass on the U.S. Congress. Speaking to the House Committee on Natural Resources Subcommittee for Indigenous Peoples of the United States Oversight, Sharp … Continue reading
Posted in Caesars Entertainment, California, Culinary Union, Derek Stevens, Dining, Eldorado Resorts, Entertainment, Hard Rock International, Japan, Las Vegas Raiders, Las Vegas Sands, Law enforcement, MGM Resorts International, Mohegan Sun, Penn National, Politics, Sports, Sports betting, Station Casinos, The Strip, Transportation, Tribal, Wall Street, Washington State, Wynn Resorts
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