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Category Archives: Eldorado Resorts
Illinois, Ohio still firm; Daffy bill in N.Y.; Raiders collapse
November was good for casinos in Ohio and Illinois, both of which posted strong numbers, modestly ahead of last year but—in Ohio’s case—still high heavens above 2019. Fresh off its October dethroning of MGM Northfield Park, rival Hollywood Columbus slipped … Continue reading
Posted in Arizona, Arkansas, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Eldorado Resorts, Horseracing, Illinois, Jack Entertainment, Japan, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Massachusetts, MGM Resorts International, Nevada, New York, Ohio, Penn National, Politics, Regulation, Resorts World LV, Rush Street Gaming, Service, Sports betting, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts
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Louisiana levels off, DraftKings sucks wind, Golden gilded
Gaming analysts have been cautioning us to expect “difficult comparisons” between 2022 and previous high-water years late 2019 and 2021. Indeed, Louisiana‘s January was flat with 2019, if up 8% from last year. Sports betting was weak: $49 million in … Continue reading
Posted in Apollo Management, Atlantic City, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Eldorado Resorts, Florida, G2E, Golden Gaming, Golden Nugget, Hard Rock International, Hawaii, Japan, Las Vegas Sands, Laughlin, Louisiana, New Jersey, New York, Peninsula Pacific, Penn National, Regulation, Resort fees, Slot routes, Sports betting, Tourism, Wall Street, Wynn Resorts
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Weekends without Adele
As all of Christendom now knows, one Adele Atkins of Tottenham has been forced to cancel/reschedule 13 weeks of shows at Caesars Palace. When Adele signed for this gig, in early December, it was regarded as the showbiz coup of … Continue reading
Caesars massacres table games, renames Superdome; Bally’s boffo
At the risk of flogging a deceased equine, the emperor at Caesars Entertainment has yet again showed himself to be without clothes. The latest Eldorado-ization of the Roman Empire is the wholesale slaughter of table games along the Las Vegas … Continue reading
Posted in Atlantic City, Australia, Bally, Caesars Entertainment, Crown Resorts, Dining, Eldorado Resorts, Fontainebleau, Hard Rock International, Illinois, Jack Entertainment, Louisiana, Macau, Maryland, MGM Resorts International, Regulation, Resorts World LV, Rush Street Gaming, Sports, Taxes, The Strip, Virginia, Wall Street, Wynn Resorts
5 Comments
‘ElDiablo’ rides again; Sports betting on the verge in Massachusetts
Last week, Vegas Message Board hosted a lengthy, detailed and impassioned screed from a self-professed Seven Stars member about a recent trip to Las Vegas and stay with Caesars Entertainment. First, the good news: the player host was extremely obliging, … Continue reading
F-blue returns from the grave; Caesars socks it to you
The Thing That Wouldn’t Die, aka Fontainebleau, is back again. Former owner Steven Witkoff has sold it to Koch Real Estate Investments for an undisclosed price. Considering that Witkoff bought it from Carl Icahn for $600 million and estimated that … Continue reading
Posted in Arizona, Caesars Entertainment, Carl Icahn, Economy, Eldorado Resorts, Entertainment, Fontainebleau, Harry Reid, history, Horseracing, Illinois, Law enforcement, MGM Resorts International, Mohegan Sun, Planet Hollywood, Racinos, Resorts World LV, Steven Witkoff, The Strip, Tourism, Transportation, Tribal, Virgin Hotels, Wall Street
5 Comments
Caesars here, Caesars there, Caesars everywhere
Caesars Entertainment got a vote of confidence from JP Morgan analyst Daniel Politzer today, largely on the strength of its regional portfolio, as well as its potency in the sports-betting sphere. Regional trends were described as “better than expected,” and … Continue reading
So long, Shinzo; Shady dealings in Atlantic City
Japan‘s do-nothing prime minister, Shinzo Abe, is calling it quits for reasons of health. What this means for ‘Abenomics’ remains to be seen, let alone his highly unpopular casino push: Opinion polls consistently show two-thirds of the Nipponese public opposing … Continue reading
Caesars: Meet the new bosses; Graham grandstands
VitalVegas got its hands on Caesars Entertainment internal document bearing the grinning visage of COO Anthony Carano. It outlined a restructuring of the company’s top executive ranks into nine divisions headed by an overwhelmingly WASP-y, male cohort. (Soon to become … Continue reading
History repeats itself, this time as farce
Caesars Entertainment is now Eldorado Resorts‘ bitch and, as Scott Roeben reports, there’s already reason to be concerned, starting with layoffs at Caesars Palace. New CEO Tom Reeg is apparently wasting no time sending employees to the firing squad. He … Continue reading
Casinos unleash Culinary’s wrath
Las Vegas‘ casino industry seems to be behaving counterintuitively, reopening casinos and hotels (Vdara is the latest) at a time when visitor demand is softening. JP Morgan analyst Joseph Greff reports today that, for the July 11-18 period, Clark County … Continue reading
Posted in Arizona, Caesars Entertainment, CityCenter, Cosmopolitan, Culinary Union, Economy, Eldorado Resorts, Florida, Health, Hooters, International, Iowa, Lake Tahoe, Las Vegas Sands, Louisiana, Macau, Mississippi, Missouri, Nevada, Paragon Gaming, Politics, Sports, Station Casinos, Wall Street, Westgate LV
2 Comments
Atlantic City: The fix was in
In a sham ritual (only two of five members were present), the New Jersey Casino Control Commission green-lit the Eldorado Resorts takeover of Caesars Entertainment. Effectively rebuking the recommendations of the Division of Gaming Enforcement, the two commissioners allowed deed … Continue reading
Up in Louisiana, down in Pennsylvania; Close Las Vegas?
It’s an extraordinary circumstance when a 19.5% drop in gambling revenue is a cause for celebration. But it happened in Louisiana, suggesting a stronger-than-expected comeback from the casino shutdown. Given that there was one fewer weekend day last month, the … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Donald Trump, Economy, Eldorado Resorts, FanDuel, Golden Nugget, Health, Internet gambling, Louisiana, Mohegan Sun, Nevada, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tribal
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Caesars gets wrist slapped in Atlantic City
Casino developers with eyes for Atlantic City just got their biggest break in years—or at least since the demise of Trump Taj Mahal. Assuming the Eldorado Resorts takeover of Caesars Entertainment goes through (and there’s no reason to believe otherwise), … Continue reading
Slot routes feel Sisolak’s wrath
Even after they were ordered to enforce mask-wearing or else, some casinos continue to flout the rules. Clark County conducted 1,600 inspections and found deficiencies at Silverton, an absence of social distancing at the Aria pool and no effort being … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Dining, Eldorado Resorts, Election, Golden Nugget, Indiana, Internet gambling, Las Vegas Sands, MGM Resorts International, Nevada, New Jersey, Ocean Resort, Regulation, Silverton, Slot routes, Sports betting, The Strip, Tribal, Unite-Here
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Las Vegas: The first shall be last
Don’t stay up late waiting for business in Las Vegas to return to “normal” levels. Sin City is uniquely vulnerable to downturns in the U.S. economy (think of the Great Recession) and a trailing indicator of gambling’s health. The prime … Continue reading
Posted in Alabama, Aristocrat, Atlantic City, Boulder Strip, Boyd Gaming, China, Conventions, Downtown, Economy, Eldorado Resorts, Florida, G2E, Hard Rock International, Health, Las Vegas Sands, LVCVA, Macau, Melco Resorts & Entertainment, Ohio, Penn National, Technology, The Strip, Transportation, Wall Street, Wynn Resorts
1 Comment
Canary in the coal mine
In Asian cultures, safety protocols like wearing a face mask are routine—they’ve dealt with viral outbreaks in the past, it’s not unusual,” gaming consultant Andrew Klebanow told Global Gaming News. And though Covid-19 cases spiked at 17,000 in Singapore, Klebanow’s … Continue reading
Bay State casinos to reopen
Although Massachusetts casinos are eligible to reopen on July 5, it’s looking far likelier that July 12 will be the dawn of a new era in the Bay State. One mandate certain to raise hackles is that players can no … Continue reading
Posted in Ameristar, Atlantic City, Caesars Entertainment, California, Card rooms, Cosmopolitan, Downtown, Eldorado Resorts, Entertainment, Hard Rock International, Health, history, Laughlin, Massachusetts, MGM Resorts International, Mississippi, Missouri, Mohegan Sun, Palms, Penn National, Politics, Regulation, Station Casinos, Tribal, Twin River, Wynn Resorts
2 Comments