Category Archives: Eldorado Resorts

Same old same-old at Trump; F-blew finally up for sale

Posted on November 12, 2015 by David McKee

Perhaps the biggest question surrounding Trump Taj Mahal is whether, when Carl Icahn takes over, the management team he has publicly upbraided will get to keep their jobs, especially since Uncle Carl has perfectly competent people taking care of business … Continue reading →

Posted in Atlantic City, Carl Icahn, Economy, Eldorado Resorts, Fontainebleau, Genting, Massachusetts, Penn National, The Strip, Trump Entertainment Resorts | 2 Comments

Caesars exiting Ohio with head held high; New Showboat setback

Posted on November 9, 2015 by David McKee

Caesars Entertainment may have gotten the boot from its three managerial arrangements with Dan Gilbert in Ohio but it’s spending the waning weeks of its tenure putting up impressive numbers. Horseshoe Cleveland ($18 million) was up 4% and Horseshoe Cincinnati … Continue reading →

Posted in Atlantic City, Dan Gilbert, Detroit, Eldorado Resorts, Glenn Straub, Harrah's, Marketing, Penn National, Pinnacle Entertainment, Politics, Racinos, Taxes | Comments Off on Caesars exiting Ohio with head held high; New Showboat setback

Quote of the Day

Posted on November 6, 2015 by David McKee

“We will show some love to the clown.” — Eldorado Resorts‘ CEO Gary Carano, promising to bring the Reno iteration of Circus Circus into the 21st century. Eldorado will also rebrand and add a Hampton Inn to its Scioto Downs … Continue reading →

Posted in Current, Eldorado Resorts, Ohio, Racinos, Reno | Comments Off on Quote of the Day

Buckeye bounce; Macao’s woes a secret benefit?

Posted on October 7, 2015 by David McKee

Casino and racino revenues in Ohio were up nicely last month, +6.5%. We’re still at least a month away from having a full set of year/year comparisons but Gov. John Kasich‘s decision to supersize a four-casinos-only constitutional amendment into four casinos … Continue reading →

Posted in Dan Gilbert, Economy, Eldorado Resorts, GLPI, Hard Rock International, Harrah's, Macau, Ohio, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn | Comments Off on Buckeye bounce; Macao’s woes a secret benefit?

Dan Lee’s Colorado lode; The Caranos take Reno

Posted on October 5, 2015 by David McKee

Since overthrowing the leadership of Full House Resorts, new CEO Dan Lee has been chock-full of initiatives. His latest is to drop $30 million to acquire Bronco Billy’s Casino & Hotel, in Cripple Creek, Colorado. The move comes as Colorado … Continue reading →

Posted in Atlantic City, Colorado, Dan Lee, Delaware, Dining, Eldorado Resorts, Full House Resorts, International, Internet gambling, Marketing, MGM Mirage, PokerStars, Reno, Scientific Games | Comments Off on Dan Lee’s Colorado lode; The Caranos take Reno

Ohio: Dan Gilbert’s downfall; Icahn meets Randy the Rat

Posted on September 9, 2015 by David McKee

Ohio‘s slot hoppers have been emptied for August and it was a month marked by some dramatic swings of fate. Belterra Park‘s $6 million haul won’t blow anybody away but, at $145/slot/day, it’s doing an acceptable average and improved 41% … Continue reading →

Posted in Atlantic City, Carl Icahn, Dan Gilbert, Eldorado Resorts, Environment, GLPI, Hard Rock International, Harrah's, International, Ohio, Penn National, Pinnacle Entertainment, Trump Entertainment Resorts, Unite-Here | Comments Off on Ohio: Dan Gilbert’s downfall; Icahn meets Randy the Rat

Optimism at MGM; SLS: The Unhappy Blob

Posted on August 20, 2015 by David McKee

MGM Resorts International sent CFO Dan D’Arrigo to meet with J.P. Morgan analysts, who found MGM execs in an upbeat mood. “We’d characterize the tone of the meetings as positive and investor interest as high,” wrote analyst Joseph Greff. That’s … Continue reading →

Posted in Boyd Gaming, Churchill Downs, CityCenter, Eldorado Resorts, Georgia, Harrah's, Louisiana, Macau, MGM Mirage, Pinnacle Entertainment, Sam Nazarian, SLS Las Vegas, The Strip, Tilman Fertitta, Wall Street | 2 Comments

Boyd gets Wall Street love; Louisiana expansion slows

Posted on July 24, 2015 by David McKee

Boyd Gaming doesn’t make Wall Street‘s hit parade very often, so this morning’s dispatch from Deutsche Bank‘s Carlo Santarelli the more remarkable. “The improving regional [gross gaming revenue] climate and intense cost disciplines take our forecasts, and subsequently, our Price Target … Continue reading →

Posted in Atlantic City, Downtown, Economy, Eldorado Resorts, Harrah's, Isle of Capri, Louisiana, MGM Mirage, Penn National, Pinnacle Entertainment, Racinos, The Strip, Tilman Fertitta, Wall Street | 1 Comment

Caesars CEO earns dunce cap; Downtown Grand faces identity crisis

Posted on July 20, 2015 by David McKee

New Caesars Entertainment CEO Mark Frissora scarcely got his chair warm when former employer Hertz Global Holdings pushed him under the bus, blaming him for a managerial style that led to four years’ worth of “material misstatements [and] inappropriate accounting decisions … Continue reading →

Posted in Downtown, Eldorado Resorts, Harrah's, MGM Mirage, Regulation, Reno, The Strip | Comments Off on Caesars CEO earns dunce cap; Downtown Grand faces identity crisis

Wynn: Massachusetts vs. Boston; Crisis and opportunity at Station

Posted on July 13, 2015 by David McKee

Steve Wynn appears to be losing patience with the obstacles being thrown in his way by seemingly vanquished adversaries in his long fight to get a Boston-area casino. He’s filed a defamation suit against the city, after a lawsuit championed … Continue reading →

Posted in Culinary Union, Eldorado Resorts, Election, Georgia, history, International, Massachusetts, MGM Mirage, New York, Politics, Regulation, Sam Nazarian, Slot routes, Station Casinos, Steve Wynn | Comments Off on Wynn: Massachusetts vs. Boston; Crisis and opportunity at Station

SLS: House of Pain

Posted on July 8, 2015 by David McKee

Former Revel President Scott Kreeger, now running SLS Las Vegas, must feel like he’s gone from the frying pan into the fire. An unusually trenchant Howard Stutz column lays out the problems facing the new casino, a hipster joint sitting … Continue reading →

Posted in California, Carl Icahn, Dining, Eldorado Resorts, Florida, Fontainebleau, Genting, Marketing, MGM Mirage, New York, Reno, Riviera, Sam Nazarian, SLS Las Vegas, Wall Street | 1 Comment