Category Archives: FanDuel

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

Posted on September 25, 2023 by David McKee

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

Pennsylvania soggy; Epic fail in North Carolina

Posted on September 20, 2023 by David McKee

At first blush, Pennsylvania‘s gambling economy looks all right, up 1% from August of 2019 and 2% from last year. But factor in the plethora of new casinos that have entered the fray and the Keystone State is down 14% … Continue reading →

Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Detroit, DraftKings, Economy, FanDuel, FoxBet, Greenwood Racing, Horseracing, Illitch Family, Internet gambling, MGM Resorts International, Michigan, Mohegan Sun, North Carolina, Penn National, Pennsylvania, Politics, Real Estate, Rush Street Gaming, Slot routes, Sports betting, Tribal, WInd Creek, Wynn Resorts | Comments Off on Pennsylvania soggy; Epic fail in North Carolina

Atlantic City rebounds; Sibella dumped; NFL suspicions

Posted on September 18, 2023 by David McKee

Casinos in Atlantic City were up 2% in August, reaching $280 million. Slot winnings were 3% higher, on a commensurate increase in coin-in. The gambling halls weren’t so lucky at the tables, where 5% higher wagering translated into flat win. … Continue reading →

Posted in Alaska, Animals, Atlantic City, Bally, BetMGM, Caesars Entertainment, DraftKings, Dubai, Fanatics, FanDuel, Genting, Golden Nugget, Hard Rock International, IGT, International, Internet gambling, Las Vegas Raiders, Law enforcement, MGM Resorts International, Mohegan Sun, Movies, Ocean Resort, Palms, Problem gambling, Regulation, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Mob, The Strip, Wall Street, Wynn Resorts | Comments Off on Atlantic City rebounds; Sibella dumped; NFL suspicions

MGM limping back; Atlantic City follies; Wall Street Jottings

Posted on September 15, 2023 by David McKee

Hobbling back onto the Web today, MGM Resorts International offered a limited version of its normal Internet service. You can do research for your next MGM stay but you can’t book it directly or access MGM Rewards, as of 10 … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Culinary Union, DraftKings, Entertainment, ESPN Bet, Fanatics, FanDuel, Fontainebleau, Hawaii, IGT, Law enforcement, Macau, Marketing, Massachusetts, Mesquite, MGM Resorts International, New Hampshire, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, The Mob, The Strip, Wall Street, Wynn Resorts | 1 Comment

MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi

Posted on September 13, 2023 by David McKee

Different day, same story for MGM Resorts International, brought to its knees by a cbyer-assault of still-unknown provenance. The FBI has been brought in although, per standard operating procedure, the G-Men aren’t commenting on what went down. MGM is daintily … Continue reading →

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, FanDuel, Full House Resorts, Golden Nugget, Hard Rock International, Illinois, Indiana, Kentucky, Law enforcement, Marketing, MGM Resorts International, Penn National, Technology, Wall Street | 2 Comments

Bally’s opens, Chicago yawns; MGM, tree murderers

Posted on September 11, 2023 by David McKee

Chicago‘s first casino opened to “dozens of people” Saturday. Only dozens? That’s not a good sign for Bally’s Corp. It’ll need to stir up a lot more excitement than that if it’s to make back its nut on $1.7 billion … Continue reading →

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, CityCenter, DraftKings, Dubai, Environment, FanDuel, Genting, history, Japan, Jim Murren, Las Vegas Raiders, Mandalay Bay Massacre, Marketing, MGM Resorts International, Missouri, Nevada, New York, Penn National, Politics, Problem gambling, Regulation, Sports, Sports betting, Taxes, The Strip, Tourism, Transportation, Tribal, Virginia, Wall Street, Wynn Resorts | 2 Comments

Are you ready?; Lombardo’s lunacy; The wrath of Wynn

Posted on September 7, 2023 by David McKee

For some football, that is. NFL season literally kicks off tonight with the much-hyped Detroit Lions visiting the champion Kansas City Chiefs. But the on-field action threatens to be overshadowed by the off-field brouhaha surrounding sports betting. (Nor is it … Continue reading →

Posted in Atlantic City, Bally, Caesars Entertainment, Century Casinos, Churchill Downs, Cordish Co., Culinary Union, DraftKings, Entertainment, FanDuel, Galaxy Entertainment, Iowa, Law enforcement, Macau, Maryland, MGM Resorts International, Nevada, Penn National, Regulation, Sam Nazarian, Sexual misconduct, SLS Las Vegas, Sports, Sports betting, Station Casinos, Steve Wynn, Technology, Wynn Resorts | Comments Off on Are you ready?; Lombardo’s lunacy; The wrath of Wynn

Labor Day odds & ends

Posted on September 4, 2023 by David McKee

Casino revenue in Ohio dipped 2% in July, reaching $203.5 million. Before anyone goes all Chicken Little on us, that’s 25% higher than gambling win in 2019. So Ohio’s is a nice problem to have. MGM Northfield Park waxed the … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Fanatics, FanDuel, Hard Rock International, Internet gambling, Jack Entertainment, Marketing, MGM Resorts International, Mississippi, Nevada, New Jersey, New York, Ohio, Penn National, Pennsylvania, Wynn Resorts | Comments Off on Labor Day odds & ends

Horseshoe can’t save Louisiana; Big Brother returns

Posted on August 22, 2023 by David McKee

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

Gambling returns to normality; Boyd’s low-cost charity

Posted on August 18, 2023 by David McKee

Gambling revenues have been so overheated since the pandemic that some kind of market correction was overdue. The much-vaunted recession having failed to manifest itself, the gloom-and-doom crowd on Wall Street must content itself with small retreats in casino winnings. … Continue reading →

Posted in Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., Cretins, DraftKings, Economy, FanDuel, Florida, Golden Nugget, Greenwood Racing, Hard Rock International, Hawaii, Health, Internet gambling, Las Vegas Sands, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Resort fees, Rush Street Gaming, Silverton, Sports betting, The Strip, Tribal, WInd Creek, Wynn Resorts | Comments Off on Gambling returns to normality; Boyd’s low-cost charity

Macao powers Wynn; Indiana down, Missouri flat

Posted on August 11, 2023 by David McKee

Sounding pleased with Wynn Resorts (“Upside across the board”), J.P. Morgan analyst Joseph Greff lauded its 2Q23 performance as “solid,” without budging from his “Overweight” rating or $142/share price target. That’s despite Wynn blowing past Greff’s cash-flow estimates for Macao, … Continue reading →

Posted in AGA, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Dining, DraftKings, FanDuel, Full House Resorts, Genting, Hard Rock International, Health, Illinois, Indiana, Internet gambling, Macau, Massachusetts, MGM Resorts International, Missouri, New York, Penn National, PointsBet, Problem gambling, Rush Street Gaming, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on Macao powers Wynn; Indiana down, Missouri flat

Portnoy, Penn splitsville; Full House fire sale?

Posted on August 9, 2023 by David McKee

Like bad sex, the connubial bliss between Penn Entertainment and Barstool Sports ended abruptly. Cretinous Dave Portnoy becomes someone else’s problem child following the second-quarter-earnings revelation that Barstool was being sold back to its founder, jilted in favor of much … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Canada, Chicago, Colorado, Connecticut, Cretins, Dan Lee, Donald Trump, DraftKings, FanDuel, Florida, Foxwoods, Full House Resorts, Health, Illinois, Lake Tahoe, Las Vegas Raiders, Missouri, Mohegan Sun, Penn National, Politics, Regulation, Sexual misconduct, Sports, Sports betting, Tribal, TV, Wall Street, Westgate LV | Comments Off on Portnoy, Penn splitsville; Full House fire sale?

Big Apple dream; BetMGM welshes; Dekkers: Mom’s to blame

Posted on August 7, 2023 by David McKee

Developer Larry Silverstein‘s PR peeps released additional renderings of The Avenir over the weekend and they are certainly impressive. Few additional details of the proposed resort have been made available but the striking exterior is the work of veteran casino … Continue reading →

Posted in Architecture, Arizona, Barstool Sports, BetMGM, Caesars Entertainment, Conventions, Cretins, DraftKings, Economy, FanDuel, Greenwood Racing, IGT, International, Iowa, Law enforcement, Lotteries, New York, Politics, Rush Street Gaming, Sports, Sports betting, Tribal, United Kingdom, Wall Street, Wynn Resorts | Comments Off on Big Apple dream; BetMGM welshes; Dekkers: Mom’s to blame

Wall Street: Station soft; DraftKings impresses, Bally’s doesn’t

Posted on August 4, 2023 by David McKee

“If you were surprised you haven’t been paying attention.” So wrote Deutsche Bank analyst Carlo Santarelli of yesterday’s Station Casinos earnings release. He added, “it should come as no surprise that RRR reported results that were softer than our forecasts,” which were … Continue reading →

Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Conventions, Cordish Co., DraftKings, Economy, Entertainment, FanDuel, Galaxy Entertainment, Indiana, International, Internet gambling, Kentucky, Macau, Marketing, MGM Resorts International, Nebraska, North Carolina, Ohio, Politics, Racinos, Real Estate, Sports, Sports betting, Station Casinos, Taxes, The Strip, Wall Street | Comments Off on Wall Street: Station soft; DraftKings impresses, Bally’s doesn’t

Bears and bulls at MGM; Uwazurike spells “idiot”

Posted on August 3, 2023 by David McKee

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 | Comments Off on Bears and bulls at MGM; Uwazurike spells “idiot”

Ohio up; Golden struggles; Bay State blunders

Posted on August 1, 2023 by David McKee

Continued strength in casinos was shown by Ohio, which posted $193.5 million in gambling revenue in June. That’s 2% higher than already-strong last year and a whopping 20% over 2o19, which was none too shabby either. Hollywood Columbus came out … Continue reading →

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, DraftKings, FanDuel, Golden Gaming, Hard Rock International, Jack Entertainment, Japan, Maryland, Massachusetts, MGM Resorts International, Nevada, Ohio, Penn National, Politics, Regulation, Slot routes, Sports, Sports betting, Station Casinos, United Kingdom, Wall Street | Comments Off on Ohio up; Golden struggles; Bay State blunders

Strip flattens, locals fade; Analysts mixed on Boyd

Posted on July 28, 2023 by David McKee

While not as bad as Deutsche Bank expected (-8%), June revenues on the Las Vegas Strip of $727 million were a disappointment, down 1%. And May’s brief flurry of hope from Las Vegas locals players faded fast as their losses … Continue reading →

Posted in Architecture, Aristocrat, Boulder Strip, Boyd Gaming, California, Downtown, Entertainment, FanDuel, Illinois, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Movies, North Las Vegas, Reno, Slot routes, Sports, Sports betting, The Strip, Tribal, Wall Street, Wendover | Comments Off on Strip flattens, locals fade; Analysts mixed on Boyd

Michigan hops, Bally’s flops and Stitt’s in hot water

Posted on July 26, 2023 by David McKee

Detroit casinos continue to be outperformed by their Internet rivals. Last month saw $151 million in online gambling revenue against $102 million from terrestrial, private-sector casinos. Sports betting chipped in $18 million. Revenue for the three Motown casinos was up … Continue reading →

Posted in Bally, Barstool Sports, BetMGM, Caesars Entertainment, Detroit, Dining, DraftKings, FanDuel, Illitch Family, Internet gambling, Marketing, Massachusetts, MGM Resorts International, Michigan, Movies, Oklahoma, Penn National, Politics, Regulation, Rush Street Gaming, Sports betting, Tribal, Wynn Resorts | Comments Off on Michigan hops, Bally’s flops and Stitt’s in hot water

Casinos boffo everywhere: Unite-Here dumbassery

Posted on July 20, 2023 by David McKee

Beating Wall Street expectations comfortably, Las Vegas Sands reported cash flow of $973 million yesterday. Wall Street had expected $939 million from the second quarter while a more optimistic Joseph Greff of J.P. Morgan had projected $964 million. Macao-derived revenues … Continue reading →

Posted in Arizona, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, China, Churchill Downs, Cordish Co., Cretins, Dining, DraftKings, FanDuel, Greenwood Racing, Health, Illinois, Internet gambling, Las Vegas Sands, Macau, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Singapore, Sports betting, Tourism, Transportation, Tribal, TV, Unite-Here, Wall Street, WInd Creek | 1 Comment

Atlantic City, Massachusetts up, Illinois down; Crime fails to pay

Posted on July 17, 2023 by David McKee

Atlantic City rebounded nicely in June, up 5.5% to $241.5 million. Table game winnings were flat, despite 3.5% larger wagering than last year (so the players made out well) and slot win jumped 7% on a commensurately higher amount of … Continue reading →

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Crown Resorts, Dan Lee, DraftKings, FanDuel, Full House Resorts, Golden Nugget, Hard Rock International, Illinois, International, Internet gambling, Kazuo Okada, Law enforcement, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Philippines, Sports betting, Taxes, Technology, Virginia, Wall Street, Wynn Resorts | Comments Off on Atlantic City, Massachusetts up, Illinois down; Crime fails to pay