Category Archives: Drugs

Wynn spits out SPAC; Penn slammed; Indiana impresses

Headlines are still being made by Wynn Resorts this week. Shockwaves continue to reverberate from CEO Matt Maddox‘s surprise retirement, nearly one year ahead of schedule. His departure comes at a delicate point in negotiations with Macao (or should we … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., DraftKings, Drugs, Entertainment, FanDuel, Fontainebleau, Full House Resorts, Golden Gaming, Hard Rock International, Indiana, International, Internet gambling, Macau, Marketing, New York, Penn National, Pennsylvania, PointsBet, Sports betting, Station Casinos, Tribal, TV, Wall Street, Wynn Resorts | 2 Comments

Pennsylvania rebounds; Mega-jottings

After grappling with the effects of gaming saturation for several months, Pennsylvania flexed its muscles in September, up 9% from 2019. The gross was $283 million. On a same-store basis (i.e., discounting the effects of new casinos), the Keystone State … Continue reading

Posted in Arizona, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., Culinary Union, DraftKings, Drugs, FanDuel, Florida, FoxBet, Genting, Greenwood Racing, Internet gambling, Law enforcement, Lotteries, MGM Resorts International, Missouri, Mohegan Sun, New Jersey, Penn National, Pennsylvania, Regulation, Resorts World LV, Rush Street Gaming, Scientific Games, Seminole Tribe, Singapore, Sports betting, Station Casinos, Taxes, Tribal | 1 Comment

Getting nasty in Florida; Police blotter

A “tortured artifice.” That’s what Miami Beach Mayor Dan Gelber (D) calls the new Florida gaming compact in a letter to the Interior Department. He urged them to reject the deal, not because of any issues with the Seminole Tribe, … Continue reading

Posted in Atlantic City, Churchill Downs, Donald Trump, Drugs, Economy, El Cortez, Entertainment, Florida, G2E, Hard Rock International, Health, Horseracing, Law enforcement, Louisiana, Macau, MGM Resorts International, Money laundering, North Carolina, Pansy Ho, Politics, Problem gambling, Seminole Tribe, Sociedade de Jogos de Macau, Sports, Sports betting, The Strip, Tribal | 1 Comment

Station: No more buffets, less free play; Covid? What Covid?

Said JP Morgan analyst Joseph Greff “not to worry, money losing buffets are not coming back” to Station Casinos. We can take this as gospel, since he got it from CEO Frank Fertitta III, Vice Chairman Lorenzo Fertitta and CFO … Continue reading

Posted in Atlantic City, Australia, Barstool Sports, BetMGM, Boyd Gaming, California, Colorado, Crown Resorts, Dining, DraftKings, Drugs, Economy, Entertainment, FanDuel, Health, Internet gambling, Kentucky, Lotteries, Marketing, MGM Resorts International, Michigan, New York, Ohio, Palms, Penn National, Real Estate, Regulation, Reno, Silverton, Sports betting, Station Casinos, Taxes, Tribal | 3 Comments

Illinois’ surprise; Scandal at Churchill Downs; Palms complications

Gambling revenue of $108 million out of Illinois last month looks pallid at first glance. But consider this: It was only 6% off April 2019’s pace, when casinos were at full capacity and last month they did it at 50% … Continue reading

Posted in Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Churchill Downs, Conventions, Culinary Union, Dining, Diversity, DraftKings, Drugs, Economy, FanDuel, history, Horseracing, Indiana, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Palms, Penn National, PointsBet, Rush Street Gaming, Slot routes, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, The Strip, Tourism, Tribal, William Hill, Wynn Resorts | 2 Comments

Quote of the Day

“This is the epidemic within the pandemic. Everyone has a direct connection to addiction.  700,000 people have overdosed in the last 20 years. More people use prescription opioids than tobacco today. It’s a raging problem in our country and Covid is … Continue reading

Posted in Current, Drugs, Health | Comments Off on Quote of the Day

Culinary frets over Hard Rock; Puck jilts Caesars for MGM

What does Bethany Khan know that we don’t? Although Brookfield Asset Management has said nothing overt about selling the Hard Rock Hotel, the Culinary Union is obviously convinced that a sale is imminent and is ringing the alarm bell. In … Continue reading

Posted in Archon Corp., Culinary Union, Dining, Drugs, Hard Rock Hotel, Harrah's, history, MGM Mirage, Regulation, Station Casinos, Steve Wynn, The Strip | 1 Comment