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Category Archives: Chicago
Chicago tips its hand; Wynn loses; Thunder Down Under
Would somebody clue in Chicago Mayor Lori Lightfoot (D) that Neil Bluhm‘s Rush Street Gaming is no longer the majority owner of Rivers Casino Des Plaines? That honor goes to Churchill Downs. But Lightfoot is using Des Plaines as a … Continue reading
Posted in ABBA, Animals, Architecture, Australia, Bally, Boulder Strip, Caesars Entertainment, California, Chicago, Crown Resorts, Entertainment, Environment, Hard Rock International, Health, Indiana, International, Internet gambling, Japan, Law enforcement, Macau, Marijuana, MGM Resorts International, Michigan, Money laundering, Neil Bluhm, New York, Regulation, Rush Street Gaming, Sexual misconduct, Sports, Sports betting, Star Entertainment, Steve Wynn, Technology, The Strip, Tribal, Wynn Resorts
1 Comment
Chicago: Then there were three … ; Leaner, meaner Boyd
Enjoy these images of Rivers McCormick while you can because you’ll never see them again. Chicago Mayor Lori Lightfoot has nixed McCormick Place as a potential site for a casino, setting Bally’s Corp. and especially Rush Street Gaming down a … Continue reading
Posted in Bally, Boyd Gaming, Chicago, Culinary Union, Economy, Hawaii, Marketing, Neil Bluhm, Politics, Regulation, Rush Street Gaming, Station Casinos, Taxes, Tourism, Transportation
1 Comment
IGT: Biz as usual; Borgata ups the ante; Mega-Jottings
Wall Street analysts were rather ho-hum about International Game Technology‘s 4Q21 earnings announcement. The company’s cash flow from lotteries were almost exactly as predicted ($335.5 million, revenue of $687 million) while gaming brought in $66 million (on revenues of $321 … Continue reading
Posted in Atlantic City, Bally, Chicago, Cretins, Crown Resorts, Entertainment, Hard Rock International, Health, IGT, International, Internet gambling, James Packer, Law enforcement, Macau, MGM Resorts International, Missouri, New York, Ocean Resort, Philippines, Politics, Sports betting, Taxes, The Strip, Virginia, Wall Street
1 Comment
Atlantic City revisited; Oscars: Year of The Dog
Bally’s Atlantic City and Golden Nugget traditionally jockey for last place in Atlantic City monthly gaming grosses. Indeed, a midweek visit to Bally’s by our East Coast correspondent found the place practically deserted (and in need of more capex $$). … Continue reading
Slow times at Bally’s Atlantic City
It’s difficult to keep track of the mixed messages coming from Bally’s Corp. Chairman Soo Kim. He’s promised to make a Chicago casino the “flagship” of his company. But he’s also talking about razing the Tropicana Las Vegas and building … Continue reading
Posted in Atlantic City, Bally, Chicago, The Strip
2 Comments
Adios, Tropicana?; New York sports betting tops $1 billion easily
Visit the Tropicana Las Vegas while yet you can. Why? Because Bally’s Corp. Chairman Soo Kim is seriously weighing the possibility of “knocking it down and starting over.” Yes, Kim would rebrand the place as Bally’s Las Vegas and then … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Bally, BetMGM, Caesars Entertainment, Chicago, Columbia Sussex, Conventions, DraftKings, e-sports, Economy, Election, FanDuel, GLPI, Health, history, Laughlin, Nevada, New Jersey, New York, Peninsula Pacific, Penn National, Politics, Rush Street Gaming, Sahara, Sports betting, Taxes, Texas, The Strip, Virginia
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Fear and loathing in Chicago; All’s well in Macao; Tribe comes back from nonexistence
It wouldn’t be a fight for a Chicago casino if it weren’t down and dirty—and it is. Bally’s Corp. already sounds desperate, throwing a Hail Mary pass in the form of a report that rival bidders Rush Street Gaming and … Continue reading
Posted in Bally, Chicago, Donald Trump, Galaxy Entertainment, Hard Rock International, Indiana, Japan, Lake Tahoe, Las Vegas Sands, Law enforcement, Macau, Massachusetts, MGM Resorts International, Real Estate, Regulation, Resort fees, Rhode Island, Rush Street Gaming, Tribal, TV, Wynn Resorts
2 Comments
If at first you don’t succeed … sue; Academy Awards odds posted
It’s a tried and true adage of American life that if you can’t get what you want fair and square, take it to court. Case in point: Full House Resorts. Having lost out on the Indiana Gaming Commission‘s selection of … Continue reading
Posted in Alabama, Bally, Chicago, Churchill Downs, Dan Lee, Election, Full House Resorts, Health, Indiana, International, Las Vegas Sands, Macau, Melco Resorts & Entertainment, Movies, Nebraska, Ohio, Politics, Racinos, Regulation, Sports betting, WInd Creek, Wynn Resorts
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Chicago dog-and-pony show; Raiders get punted by Covid
All three developers jockeying for a Chicago casino trotted out their proposals Thursday “replete with soaring promises of economic jolts, job creation and jackpots for the city’s future casino tax revenue coffers, which are earmarked for its depleted police and … Continue reading
Mirage sold; Big win for Las Vegas; Bluhm, Reinsdorf clash in Chicago
In a billion-dollar coup, MGM Resorts International has sold the operations of The Mirage to Hard Rock International, a huge markup on Steve Wynn‘s 1989 creation—and Hard Rock isn’t even getting the underlying land! All this for 17X EBITDA, an … Continue reading
Posted in Architecture, Caesars Entertainment, Chicago, Cordish Co., Downtown, DraftKings, Economy, Hard Rock International, Health, Japan, MGM Resorts International, Mohegan Sun, New Jersey, Pennsylvania, Planet Hollywood, Politics, Rush Street Gaming, Scott Butera, Sports, Sports betting, Station Casinos, Steve Wynn, The Strip, TV, Virgin Hotels
4 Comments
Cordish cashes in; Scare tactics in Atlantic City; Illinois slumps
Succumbing to the siren song of REITmania, Cordish Gaming has sold the real estate of three of its casinos to Gaming & Leisure Properties Inc. for a grand total of $1.8 billion. The affected casinos are Philadelphia Live, Pittsburgh Live … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Cordish Co., DraftKings, GLPI, Golden Nugget, Hard Rock International, Illinois, Indiana, Louisiana, Maryland, Missouri, Ohio, Penn National, Pennsylvania, Politics, Real Estate, Sports betting, Taxes, The Strip, Wall Street
2 Comments
Seminole compact nixed: Biden, DeSantis, Seminoles all lose
Floridians, we hope you enjoyed sports betting for all of the three weeks in which it was legal in the Sunshine State. Why? Because last night a federal judge struck down the Seminole Tribe‘s new compact with Gov. Ron DeSantis … Continue reading
Posted in Arizona, Australia, Chicago, Connecticut, Crown Resorts, DraftKings, Election, FanDuel, Florida, Hard Rock International, Law enforcement, Massachusetts, MGM Resorts International, Michigan, Nevada, New York, Penn National, Politics, Regulation, Rush Street Gaming, Seminole Tribe, Sports, Station Casinos, Taxes, Transportation, Tribal
1 Comment