Category Archives: CQ Holdings

You can’t fix stupid; Good-bad news on the bayou

We live in an era of “alternative facts” and “false flag” narratives and, boy, are we the worse for it. It was only a matter of time before the gaming industry was on the receiving end of “false facts” and … Continue reading

Posted in Architecture, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, CQ Holdings, Cretins, DFS, DraftKings, FanDuel, Florida, Golden Nugget, history, Las Vegas Raiders, Louisiana, Mohegan Sun, New York, Penn National, Planet Hollywood, Regulation, Seminole Tribe, Sports, Sports betting | 2 Comments

Horseshoe can’t save Louisiana; Big Brother returns

Despite only grossing $7.5 million last month, Horseshoe Lake Charles was the difference between an unadjusted, 6% decline in gambling revenue for Louisiana and a same-store, 10% declivity (lagging prosperous 2019 by 4%). Even so, the country’s most adverse casino … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Detroit, DraftKings, FanDuel, Golden Nugget, Illitch Family, Internet gambling, Louisiana, Macau, MGM Resorts International, Michigan, Penn National, Politics, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Wynn Resorts | Comments Off on Horseshoe can’t save Louisiana; Big Brother returns

Louisiana still sinking; Insult from the Lege; Japan follies

Horseshoe Lake Charles continues to prop up Louisiana casino revenues, which were down 2% last month compared to -6.5% if Horseshoe is subtracted. The statewide gross was $196 million. Visitation overall was up 3% but gamblers clutched their purse strings, … Continue reading

Posted in Apollo Management, Architecture, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, Golden Nugget, IGT, International, Internet gambling, Japan, Kansas, Lawrence Ho, Louisiana, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Politics, Rush Street Gaming, Sports betting, Station Casinos, Technology, The Strip, Tribal | Comments Off on Louisiana still sinking; Insult from the Lege; Japan follies

Trop’s fate sealed; Massachusetts up, Louisiana down

Now that the fix is in for the Oakland Athletics to get a vanity stadium in Las Vegas, the bosses of the Tropicana Las Vegas are losing no time in getting what’s really important: Imploding the old girl. Of course, … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, DraftKings, Fanatics, FanDuel, Golden Nugget, Illinois, Louisiana, LVCVA, Massachusetts, MGM Resorts International, Penn National, PointsBet, Politics, Regulation, Sports betting, The Strip, Vici Properties, Wall Street, Wynn Resorts | Comments Off on Trop’s fate sealed; Massachusetts up, Louisiana down

Massachusetts up, Indiana, Louisiana down; Miller’s folly

Gambling revenues nudged upward a bit in Massachusetts, rising 2% from a year earlier. April’s numbers had Encore Boston Harbor far in the lead with $64 million but flat year/year. MGM Springfield (shown) had quite a good month, up 5% … Continue reading

Posted in AGA, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Culinary Union, DraftKings, Entertainment, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Health, Indiana, International, Internet gambling, Law enforcement, Louisiana, Massachusetts, MGM Resorts International, New York, Penn National, PointsBet, Rush Street Gaming, Sports betting, Station Casinos, The Strip, Tribal, United Kingdom, Wynn Resorts | Comments Off on Massachusetts up, Indiana, Louisiana down; Miller’s folly

Pennsylvania, Lousiana flagging; All eyes on Macao

Casino winnings in Pennsylvania stuttered last month, hitting $311 million, flat with March 2022. Spreading more gaming wealth among a greater number of properties obviously isn’t helping on a same-store basis. Parx Casino maintained its supremacy with $53 million, despite … Continue reading

Posted in Ameristar, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, China, Churchill Downs, Cordish Co., CQ Holdings, Detroit, DraftKings, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Illitch Family, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, The Strip, Tourism, Transportation, Tribal, WInd Creek, Wynn Resorts | 1 Comment

Atlantic City up, Louisiana down; Steve Wynn’s revenge

Gambling revenues inched upward in New Jersey, plus 1% statewide, mainly driven by Internet casinos (+9%). In Atlantic City, slot winnings rose 3.5% to ($159 million) on 4% more coin-in but tables slipped 4.5% to $54 million as wagering dipped … Continue reading

Posted in AGA, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Carl Icahn, Chicago, China, Churchill Downs, Columbia Sussex, Conventions, CQ Holdings, DraftKings, Election, FanDuel, Golden Nugget, Hard Rock International, Illinois, Illitch Family, Internet gambling, Kentucky, Law enforcement, Louisiana, MGM Resorts International, Mohegan Sun, Neil Bluhm, New Jersey, Ocean Resort, Penn National, PointsBet, Politics, Rush Street Gaming, Slot routes, Sports betting, Steve Wynn, The Strip, Tourism, Unite-Here, Wall Street, Wynn Resorts | Comments Off on Atlantic City up, Louisiana down; Steve Wynn’s revenge

Atlantic City leaps; DraftKings beats The Street

Gambling revenues in Atlantic City defied the cold last month, surging 15% to $212 million. Borgata, naturally, led the market with $58.5 million, a 20.5% vault. Next up was Hard Rock Atlantic City with $36 million, a 3.5% nudge, followed … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, CQ Holdings, DraftKings, FanDuel, Golden Nugget, Hard Rock International, Louisiana, Marketing, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Ohio, Penn National, Wall Street | Comments Off on Atlantic City leaps; DraftKings beats The Street

Nevada closes 2022 roaring; Lombardo’s big blunder

Gambling grosses for last month have been tallied and it’s an understatement to say they’re boffo. Nevada casinos raked in $1.3 billion, a 14% leap over 2021. You can see why we think that—as it pertains to gaming—a recession is … Continue reading

Posted in Atlantic City, Bally, Boulder Strip, Boyd Gaming, CQ Holdings, Downtown, Entertainment, Foxwoods, Greenwood Racing, Internet gambling, Iowa, Lake Tahoe, Las Vegas Sands, Laughlin, Law enforcement, Macau, Maryland, Mesquite, MGM Resorts International, Nevada, Palms, Penn National, Regulation, Reno, The Strip, Tribal, United Kingdom, Wendover, William Hill, Wisconsin | 3 Comments

‘Fight’ club; New Horseshoe powers Louisiana

Having experienced buyer’s remorse on DFS site Monkey Knife Fight, and now trying to re-sell it, Bally’s Corp. finds itself with a ton of Monkey Knife Fight-branded merchandise that it must unload. After all, if it finds a pigeon, er, … Continue reading

Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, CQ Holdings, DFS, FanDuel, Golden Nugget, Internet gambling, Law enforcement, Louisiana, Marketing, Massachusetts, New York, Ohio, Penn National, PointsBet, Politics, Problem gambling, Regulation, Resorts World LV, Security, Silverton, Sports betting, Station Casinos, Taxes, The Strip, Wall Street | Comments Off on ‘Fight’ club; New Horseshoe powers Louisiana

Atlantic City hops; NV regulators take a dive; Vagina monologue

November was a metaphorically warm month for Atlantic City, whose casino revenues grew 4% from last year, reaching $214.5 million. Spoiler alert, Borgata was way out front with $55 million, leaping 14%. Hard Rock Atlantic City dimmed 5% to a … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Brazil, Caesars Entertainment, Churchill Downs, CQ Holdings, Donald Trump, DraftKings, FanDuel, Florida, Golden Nugget, Hard Rock International, Indiana, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Louisiana, Macau, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Politics, Puerto Rico, Regulation, Rush Street Gaming, Seminole Tribe, Sports betting, Station Casinos, Tribal, Virginia, Wall Street, Westgate LV, Wisconsin | 2 Comments

Atlantic City slumps; Adele hell

Dateline: O’Hare International Airport, land of crappy wi-fi. We’re not back at the office yet but there’s so much news it just can’t wait. Let’s start in Atlantic City, where casino revenues slumped 7% to $220.5 million last month. Everybody … Continue reading

Posted in Apollo Management, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, Cordish Co., CQ Holdings, Detroit, DraftKings, Economy, Entertainment, FanDuel, Genting, Golden Gaming, Greenwood Racing, Hard Rock International, Illitch Family, International, Internet gambling, Louisiana, Macau, MGM Resorts International, Missouri, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Taxes, The Rio, The Strip, United Kingdom, Virginia, WInd Creek, Wynn Resorts | 7 Comments

Upsurge in Louisiana; Stitt stiffed; Fubo Sportsbook folds

In a major reversal of fortune, Louisiana casino revenue vaulted 18.5% over September 2021. Foot traffic rose 41.5%, which more than made up for thriftier gamblers: On average they lost 16% less per player. It helped the year/year comparison that … Continue reading

Posted in Animals, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, DraftKings, Election, FanDuel, Louisiana, New York, Oklahoma, Palms, Penn National, San Manuel Band of Mission Indians, Scott Butera, Sports, Sports betting, The Strip, Tilman Fertitta, Tribal, Wynn Resorts | 2 Comments

Killing spree on Strip; Tilman’s newest erection revealed

Alas, today’s top story is of the “If it bleeds, it leads” variety and is written out of sheer necessity, not desire. A thirty-something Latino man, Yoni Barrios, is in custody after going on a knife-wielding spree in front of … Continue reading

Posted in Bally, Caesars Entertainment, Canada, Chicago, Churchill Downs, Cordish Co., CQ Holdings, Florida, Golden Gaming, Indiana, Las Vegas Sands, Law enforcement, Louisiana, Maryland, Massachusetts, MGM Resorts International, Penn National, Sports betting, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 9 Comments

Wynn: Make mine Manhattan; Votes for sale; Mega-Jottings

There will be at least one serious push for a casino in the heart of New York City, now that Wynn Resorts has thrown in with Related Cos. on “an exposed and sunken rail yard” that some see as a … Continue reading

Posted in Australia, Brothels, California, CQ Holdings, DraftKings, Entertainment, Genting, Georgia, Hawaii, Japan, Law enforcement, Louisiana, Macau, Marketing, MGM Resorts International, Nevada, New York, North Las Vegas, Palms, Pennsylvania, Politics, Slot routes, Star Entertainment, Technology, Tribal, Wall Street, Wynn Resorts, Wyoming | 1 Comment

Vegas insanity; Penn’s bad boy; Lake Mead in peril

Imagine an 8.5-mile Las Vegas Strip. You may not have to because “experts” say “it’s in the cards.” What’s the cause of this crazed optimism? No, it’s not the economy. The prospect of a baseball stadium at Sahara Avenue and … Continue reading

Posted in AGA, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Cambodia, Card rooms, Churchill Downs, CityCenter, CQ Holdings, Economy, Election, Environment, Everi, Failsinos, Golden Nugget, Louisiana, M Resort, Macau, MGM Resorts International, Money laundering, Nebraska, Pansy Ho, Penn National, Problem gambling, Racinos, Regulation, Sports, Sports betting, Star Entertainment, Station Casinos, The Strip, Tribal, United Kingdom | 3 Comments

Louisiana plummets; Cool front disrupts summer gaming

A “cruel, cruel summer” for regional casinos was predicted by Truist Securities analyst Barry Jonas and it’s already arrived in Louisiana, where gambling revenues fell 10% last month. It’s not even keeping pace with go-go 2019 any longer. The statewide … Continue reading

Posted in Architecture, Bally, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Conventions, CQ Holdings, Dining, Economy, Environment, Golden Gaming, Golden Nugget, Health, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Michigan, North Las Vegas, Penn National, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Station Casinos, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts | Comments Off on Louisiana plummets; Cool front disrupts summer gaming

Atlantic City booms on eve of strike; Louisiana not so lucky

Staring down a seemingly inevitable strike on July 1 by Unite-Here, casinos in Atlantic City could at least take solace in a May that saw gaming revenues leapfrog 9% over last year. The total gross was $233 million, as slot … Continue reading

Posted in Architecture, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., CQ Holdings, Crown Resorts, Dining, Downtown, DraftKings, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Internet gambling, Louisiana, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tamares Group, Texas, Tourism, Tribal, TV, Unite-Here | 1 Comment

Atlantic City surges; Barstool’s Portnoy problem resurfaces

Casino revenue leapt 24% in Atlantic City from last April 2021, pulling in $253 million. Slot revenue rose 21% on 18% more coin-in, easily offsetting a 3% decline in table revenue on flat wagering. Borgata lapped the field, catapulting 60% … Continue reading

Posted in Arkansas, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Churchill Downs, Colorado, CQ Holdings, Cretins, DraftKings, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Louisiana, Marketing, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Regulation, Rush Street Gaming, Sports betting, Tribal, Wall Street, Wynn Resorts | 1 Comment

Casinos in clover nationwide; Mega-Jottings for a Monday

Masters Week has come and gone, and Augusta now sinks back into an 11-month torpor. Which also helps us return to standard-edition S&G. (Seen on the marquee of the church closest to Augusta National: “This is Amen Corner.”) Where to … Continue reading

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Conventions, CQ Holdings, Current, Derek Stevens, Diversity, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Georgia, Hard Rock International, Illinois, Indiana, International, Jack Entertainment, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Missouri, Nevada, New York, North Las Vegas, Ohio, Palms, Penn National, Pennsylvania, Politics, Racinos, Sahara, Singapore, Sports, Sports betting, Taxes, Tribal | 1 Comment