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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,626 views
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Category Archives: China
On and off the radio
During this morning’s stint on KNPR-FM‘s State of Nevada, we were only able to cover a fraction of the scheduled questions. So we had the idea of answering here what was not asked there. Let’s take it away … Why … Continue reading
Posted in Alex Meruelo, Baseball, Boyd Gaming, Caesars Entertainment, China, CityCenter, Culinary Union, Dubai, Economy, Fontainebleau, Genting, Golden Gaming, Japan, Jim Murren, Las Vegas Sands, Louisiana, Macau, Marketing, MGM Resorts International, Mohegan Sun, Nevada, North Las Vegas, Palms, Phil Ruffin, Real Estate, Resorts World LV, Sahara, Singapore, South Korea, Sports, Station Casinos, Technology, The Strip, Vici Properties, Wall Street, Wynn Resorts
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MGM paralyzed; DraftKings debacle; Mount Airy wins
In a new kind of September 11 attack, MGM Resorts International was felled by a massive cybersecurity breach. From disabling digital room keys to kneecapping credit card systems (forcing transactions to be made in cash), it sent MGM back to … Continue reading
Posted in Atlantic City, BetMGM, Caesars Entertainment, China, Connecticut, Cosmopolitan, Cretins, DraftKings, Dubai, Florida, Hard Rock International, Health, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Mississippi, Mohegan Sun, Ocean Resort, Ohio, Pansy Ho, Pennsylvania, Problem gambling, Regulation, Sports betting, Technology, The Strip, Wall Street
1 Comment
Arabian nights; New York stasis of mind; Eataly targeted
Big Gaming having gotten into bed with one ultra-despotic regime (Red China), why not go for broke? That’s the impression left by the widely reported news that the United Arab Emirates has rolled out its first-ever General Commercial Gaming Regulatory … Continue reading
Posted in Apollo Management, Boyd Gaming, Caesars Entertainment, China, Cirque du Soleil, Culinary Union, Dining, Dubai, Health, International, Internet gambling, Jim Murren, MGM Resorts International, Missouri, Mohegan Sun, New York, Pennsylvania, Problem gambling, Regulation, Technology, The Strip, Wynn Resorts
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Bears and bulls at MGM; Uwazurike spells “idiot”
J.P. Morgan analyst Joseph Greff was pretty blunt about MGM Resorts International‘s mixed bag of 2Q23 numbers. “Carried by Macau,” he headlined his report, adding that the Las Vegas Strip was in line with expectations but regional casinos came up … Continue reading
Posted in Atlantic City, BetMGM, China, Colorado, Conventions, Derek Stevens, Detroit, Economy, Entertainment, FanDuel, Health, Internet gambling, Iowa, Las Vegas Raiders, Law enforcement, Macau, MGM Resorts International, Mississippi, Movies, Sports, Sports betting, The Strip, Wall Street
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Wynn, Caesars jostle in New York City; Penis envy
With a rival Coney Island casino proposal TKO’d and Steve Cohen‘s Citi Field one on the ropes, Wynn Resorts is stepping up its push for getting the brass ring at Manhattan‘s Hudson Yards area, adjacent to the Javits Center. A … Continue reading
Posted in Alabama, Architecture, Arizona, Atlantic City, Australia, Bally, Boyd Gaming, Caesars Entertainment, Charity, China, CityCenter, Crown Resorts, Culinary Union, Diversity, Genting, Health, James Packer, Las Vegas Sands, Law enforcement, Louisiana, Macau, Marketing, Maverick Gaming, MGM Resorts International, Michigan, Mohegan Sun, Money laundering, New York, Ohio, Politics, Regulation, Reno, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wynn Resorts
3 Comments
Sands hailed; A’s to Vegas; Coney casino razzed; Mega-Jottings
First-quarter numbers for Las Vegas Sands were “nicely ahead” per J.P. Morgan analyst Joseph Greff, who said Sands’ Macao casinos were firing on all cylinders (mass-market play, VIP action, slots, retail and lodging). He expected Macanese cash flow of $304 … Continue reading
Posted in Australia, Bally, Baseball, California, China, CityCenter, Cordish Co., Cosmopolitan, Entertainment, Failsinos, Florida, Las Vegas Raiders, Las Vegas Sands, Louisiana, Macau, Mississippi, Nebraska, New York, Ohio, Phil Ruffin, Problem gambling, Racinos, Real Estate, Regulation, Reno, Singapore, Sports, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Tribal, Wall Street
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Atlantic City blues
Atlantic City‘s first casino, Resorts Atlantic City, celebrated the 45th anniversary of legalized gambling on the Boardwalk in rather limp fashion. Highlights included a beachball drop and an appearance by Mayor Marty Small (D). Well, we suppose he’s got to … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, China, Dining, Entertainment, Golden Nugget, Hard Rock International, Law enforcement, Macau, Marijuana, Marketing, MGM Resorts International, Penn National, The Strip, West Virginia
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Sands impresses; Trump’s new Mob pal; Boardwalk blotter; Mega-Jottings
Wall Street was in a sunny mood this week after Las Vegas Sands‘ 4Q22 earnings presentation. As Credit Suisse analyst Ben Chaiken summarized, “two large takeaways in our view were strength in Singapore and what we felt was a positive … Continue reading
Posted in Animals, Atlantic City, Bally, Baseball, BetMGM, Caesars Entertainment, Charity, China, Colorado, Cretins, Derek Stevens, Dining, Donald Trump, Entertainment, FanDuel, Florida, history, IGT, Indiana, Iowa, Japan, Las Vegas Sands, Macau, Marijuana, Marketing, Massachusetts, Movies, New Jersey, New York, Pennsylvania, Politics, Singapore, South Korea, Sports, Sports betting, Taxes, Technology, Texas, The Mob, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, TV, Vici Properties, Wall Street
4 Comments
Wynn cools Massachusetts; China: “Dance, monkey, dance!”
Casinos in Massachusetts mostly did well last month, especially by pre-pandemic standards (+24%). Unfortunately, none of that lift came from Encore Boston Harbor, which had a disappointing October, down 1% and grossing $62 million. By contrast, MGM Springfield (above) impressed … Continue reading
Posted in Atlantic City, Bally, Baseball, California, China, Galaxy Entertainment, Genting, Hard Rock International, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Nevada, Ocean Resort, Ohio, Penn National, Politics, Regulation, Sports betting, Tribal, Wall Street, Wisconsin, Wynn Resorts
2 Comments
Wynn impresses; Curse of the Mummy’s Tomb; Culinary bombs
Wall Street analysts were across-the-board upbeat on Wynn Resorts‘ 3Q22 performance, as high-end casinos in Las Vegas continue to flourish. Although he categorized himself as “neutral,” given the evolving situation in Macao, analyst Joseph Greff of J.P. Morgan encapsulated third-quarter … Continue reading
Posted in Apollo Management, Boyd Gaming, Caesars Entertainment, California, Century Casinos, China, Culinary Union, Economy, Election, Failsinos, history, International, Internet gambling, Macau, Massachusetts, Mattress Mack, Missouri, New York, Penn National, Sheldon Adelson, Sports betting, Steve Wynn, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts
2 Comments
Atlantic City beat; MGM Cotai padlocked; Adelson buys Abbott
“Did Bally’s open a casino in Atlantic City and forget to tell anyone about it?” So asks our East Coast correspondent. “This is Bally’s yesterday (Sunday). A few casinos here would have more customers during a snow storm than this.” … Continue reading
Las Vegas Sands blossoms in Singapore, challenged in NYC
Cash flow at Vegas-less Las Vegas Sands during the third quarter came in far above Wall Street‘s expectations, driven by “accelerating” business at Marina Bay Sands. As Credit Suisse analyst Ben Chaiken reported, “Macau is still largely uncertain pending the … Continue reading
Posted in Caesars Entertainment, China, Failsinos, Health, Las Vegas Sands, Macau, New York, Singapore, The Strip, Tilman Fertitta, Tourism, Wall Street
1 Comment