Category Archives: Cannery Casino Resorts

Boyd downsizes on Boulder Strip; Freeman leaves AGA

Posted on June 5, 2018 by David McKee

Some of you may have wondered what Boyd Gaming was doing by owning two side-by-side casinos on the Boulder Strip — adding Eastside Cannery to Sam’s Town. The marketplace may have had some confusion, too. After all, locals do not … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Culinary Union, Dining, Geoff Freeman, Internet gambling, MGM Mirage, Resort fees, Sports | 4 Comments

MGM to jack up resort fees; Boyd braces for Four Winds impact

Posted on February 21, 2018 by David McKee

Looking for a bargain in casino stocks? JP Morgan analyst Joseph Greff nominates MGM Resorts International, which he says “remains cheap.” He bases this, in part, on strong Las Vegas Strip performance driven by “two jewels” Bellagio and MGM Grand. … Continue reading →

Posted in Ameristar, Boyd Gaming, California, Cannery Casino Resorts, Hawaii, Indiana, Louisiana, Macau, Massachusetts, MGM Mirage, Missouri, North Las Vegas, Penn National, Resort fees, The Strip, Tribal, Wall Street | Comments Off

Wynn: Set the date; High-tech potties at Caesars

Posted on October 27, 2017 by David McKee

It’s official: Wynn Resorts will start tearing up its Las Vegas Strip golf course on Jan. 3, 2018. Not much is known about what will replace it, as the budget hasn’t been set, and plans for the Wynn Paradise Park … Continue reading →

Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Charity, Downtown, Harrah's, Macau, Movies, North Las Vegas, Steve Wynn, Technology, The Strip, Wall Street | Comments Off

Mandalay Bay mystery a labyrinth

Posted on October 6, 2017 by David McKee

As the clouds of war gather again over our great country, we’re finally gaining some clarity regarding Mandalay Bay shooter Stephen Paddock. He was that seeming oxymoron: a video poker “whale,” one who didn’t blanch at wagering $100 a spin. … Continue reading →

Posted in Boyd Gaming, Cannery Casino Resorts, Cosmopolitan, Downtown, Harrah's, Illinois, Law enforcement, Mandalay Bay Massacre, Massachusetts, Mesquite, MGM Mirage, Philippines, Politics, Problem gambling, Regulation, Reno, Texas | Comments Off

Better times come to Atlantic City; Wynn Boston Harbor sets opening date

Posted on June 15, 2017 by David McKee

May’s gambling grosses are in from the Boardwalk and Atlantic City is up 2.5% since last year — 11% if Trump Taj Mahal is subtracted from the comparison. Terrestrial casinos pulled in $208 million, while Internet gambling grossed a further … Continue reading →

Posted in Affinity Gaming, Architecture, Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Dan Gilbert, Detroit, Golden Gaming, Goldman Sachs, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, North Las Vegas, Palms, Phil Ruffin, SLS Las Vegas, Station Casinos, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off

SLS to get new owner; Boyd outlines strategy

Posted on May 26, 2017 by David McKee

Having failed to reinvent the north end of the Las Vegas Strip as the new place to party heartily, the owners of $415 million SLS Las Vegas are giving up and selling it to a relatively minor player: Meruelo Group. The … Continue reading →

Posted in Architecture, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Environment, Harrah's, Louisiana, Lucky Dragon, Marketing, Mississippi, North Las Vegas, Palms, Reno, Sam Nazarian, SLS Las Vegas, Station Casinos, The Strip, Wall Street | 1 Comment

Wall Street hearts Boyd; Disunity in Pennsylvania

Posted on May 3, 2017 by David McKee

Boyd Gaming, the red-headed stepchild of the casino industry, got some love from Wall Street yesterday. JP Morgan analyst Joseph Greff wrote that “the improving free cash flow in the BYD story is not reflected in the current stock price, … Continue reading →

Posted in Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Greenwood Racing, Louisiana, North Las Vegas, Penn National, Pennsylvania, Pinnacle Entertainment, Slot routes, Wall Street | Comments Off

Business as usual at Boyd; Pinnacle looks to expand

Posted on March 3, 2017 by David McKee

* Top brass at Boyd Gaming met with J.P. Morgan analyst Joseph Greff and reported a relatively unruffled start to 2017, although the delayed mailing of income-tax refunds (about three weeks later than usual) was retarding results a bit. Still, … Continue reading →

Posted in Boyd Gaming, California, Cannery Casino Resorts, Colorado, Current, Economy, Louisiana, Marketing, MGM Mirage, North Las Vegas, Penn National, Pinnacle Entertainment, The Strip, Tilman Fertitta, Tribal, Wall Street, West Virginia | 1 Comment

Japan: The impossible happens

Posted on December 5, 2016 by David McKee

Just when even Wall Street analysts were giving up hope — and ahead of schedule — Japanese Prime Minister Shinzo Abe got a casino-legalization bill through the Diet. This isn’t the end of the process, although casinos are now legal, … Continue reading →

Posted in Architecture, Boyd Gaming, Cannery Casino Resorts, Donald Trump, Economy, Geoff Freeman, Hard Rock International, Japan, Kazuo Okada, MGM Mirage, North Las Vegas, Regulation, Sheldon Adelson, Technology, Tourism, Transportation | Comments Off

Boyd: The big squish; Trump’s double-dip

Posted on November 2, 2016 by David McKee

“Squishy.” That was how JP Morgan analyst Joseph Greff described Boyd Gaming‘s third quarter. The soggy verbiage was probably inspired by flooding that has vexed Boyd in Louisiana. The company is also facing stiff, new competition for IP Biloxi on … Continue reading →

Posted in Atlantic City, Boyd Gaming, Cannery Casino Resorts, Culinary Union, Donald Trump, Economy, Geoff Freeman, Illinois, Louisiana, Mississippi, Regulation, Sports, Station Casinos, Taxes, Trump Entertainment Resorts, Wall Street | Comments Off

Hollywood Jamul opens; Hutchinson opposes Arkansas casinos

Posted on October 13, 2016 by David McKee

While the eyes of the industry were focused on the closing of Trump Taj Mahal, there was another long-awaited event on Monday: the opening of Hollywood Casino Jamul, near San Diego. Combine in-progress road construction with a new casino and … Continue reading →

Posted in Arkansas, Atlantic City, California, Cannery Casino Resorts, Dining, Election, GLPI, Harrah's, Horseracing, Isle of Capri, New York, Oklahoma, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Taxes, Technology, The Strip, Transportation, Tribal | 1 Comment

Big Gaming meets the Street

Posted on September 26, 2016 by David McKee

Deutsche Bank analyst Carlo Santarelli has been in town and conducting a busy schedule of meetings. Pride of place must go to Wynn Resorts, which declared the opening of Wynn Palace “very clean,” with “solid” VIP business. Hotel occupancy is … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Cannery Casino Resorts, Culinary Union, Economy, Glenn Straub, GLPI, Illinois, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mississippi, Missouri, North Las Vegas, Pinnacle Entertainment, Reno, Revel, Sheldon Adelson, Slot routes, Station Casinos, Steve Wynn, The Strip, Tribal, Wall Street | Comments Off

Loveman’s chickens come home to roost; Are casinos blowing off a $12 trillion demographic?

Posted on August 29, 2016 by David McKee

As cheap as it’s been lately, we hope you haven’t bought any Caesars Entertainment stock. Shares dropped 12% and kept falling right after Judge Benjamin Goldgar declined to extend protection of Caesars from creditor litigation any longer, which means that … Continue reading →

Posted in Alabama, Boyd Gaming, Cannery Casino Resorts, Genting, Harrah's, International, Marketing, MGM Mirage, Station Casinos, Wall Street | Comments Off

Isaacs moves on; 50 years of Laughlin

Posted on August 5, 2016 by David McKee

Gavin Isaacs will be taking it easy, the CEO of Scientific Games is moving up to vice chairman, his CEO’s chair to be filled by former Norwegian Cruise Line executive Kevin M. Sheehan. If anybody’s earned the right to take … Continue reading →

Posted in Aristocrat, Australia, Bally Technologies, Boyd Gaming, Cannery Casino Resorts, Harrah's, history, Illinois, Laughlin, Macau, Melco Crown Entertainment, North Las Vegas, Philippines, Scientific Games, Sheldon Adelson, Shuffle Master, Slot routes, Steve Wynn | Comments Off

Atlantic City goes to pot; MGM, Boyd, Pinnacle, Red Rock Resorts meet The Street

Posted on June 17, 2016 by David McKee

We’ve come a long way from the days of Reefer Madness. Latest case in point: Atlantic City, where Assemblyman Reed Gusciora (D) is pushing recreational “tea” as a cure to the city’s penurious condition. Weed would be legalized on the Boardwalk and … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, CityCenter, Economy, Georgia, Glenn Straub, Harrah's, Illinois, Indiana, Internet gambling, Macau, Marketing, Maryland, MGM Mirage, Mississippi, Missouri, Palms, Pinnacle Entertainment, Politics, Reno, Scientific Games, Station Casinos, The Strip, Wall Street | Comments Off

New era at Trump Taj Mahal; Blasphemous gambling promo spanked

Posted on May 24, 2016 by David McKee

He’s been handed a small budget ($15 million) for the task at hand, but new Trump Taj Mahal boss Anthony Rodio has been charged with undoing the damage inflicted on the property during the Bob Griffin era. This includes “reactivating … Continue reading →

Posted in Affinity Gaming, Atlantic City, Boyd Gaming, Cannery Casino Resorts, CityCenter, Dining, history, Internet gambling, Macau, MGM Mirage, Penn National, Regulation, Sports, Stanley Ho, Station Casinos, Tamares Group, Technology, Tropicana Entertainment, Unite-Here | 1 Comment

Fertittas strike it rich(er); Boyd surprises analysts

Posted on April 27, 2016 by David McKee

Red Rock Resorts — aka Station Casinos — split the difference in Wall Street‘s expectations of this week’s IPO, debuting a $19.50 (Street estimates ranged from $18 to $21 a share). Unfortunately, unlike the MGM Growth Partners offering, the goal … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Hawaii, history, MGM Mirage, Mississippi, North Las Vegas, Reno, Sheldon Adelson, Sports, Station Casinos, The Strip, Tourism, Wall Street | Comments Off

It’s official: Boyd buys Cannery; Massachusetts’ agonizing dilemma

Posted on April 26, 2016 by David McKee

Confirming the worst-kept secret in Las Vegas, suddenly acquisitive Boyd Gaming announced that it was buying out Cannery Casino Resorts. The price ($230 million) was toward the lower end of Wall Street had predicted for the deal and means the … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Downtown, Economy, Massachusetts, Neil Bluhm, North Las Vegas, Penn National, Regulation, Taxes, The Strip, Tourism, Tribal, Wall Street | Comments Off

Boyd strikes again; Wynn vs. Wynn III

Posted on April 22, 2016 by David McKee

Continuing its thrust into North Las Vegas, a suddenly acquisitive Boyd Gaming has obtained Aliante Casino Hotel & Spa. Unlike its surprise, if still unconfirmed, swoop upon Cannery Casino Resorts, here Boyd is snapping up a property we knew was … Continue reading →

Posted in Boyd Gaming, Cannery Casino Resorts, Marketing, MGM Mirage, North Las Vegas, Sahara, Station Casinos, Steve Wynn, The Strip, Wall Street | Comments Off

Boyd to acquire Cannery?; Signs of movement in Atlantic City impasse

Posted on April 21, 2016 by David McKee

Sleeping giant Boyd Gaming is stirring to life, reportedly on the verge of a $225 million-$240 million buyout of Cannery Casino Resorts, according to Reuters. The latter’s Mike Stone says the deal would “give Boyd a strong foothold in the … Continue reading →

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Cannery Casino Resorts, Election, Entertainment, GLPI, Harrah's, James Packer, Pennsylvania, Politics, Reno, The Strip, Wall Street | 1 Comment