Category Archives: FanDuel

Strip sets all-time record

Could last month’s Las Vegas Strip revenues really have been 46.5% higher than in July 2019? That’s what Wall Street analysts are telling us (Deutsche Bank‘s Carlo Santarelli says he only anticipated +5%) and there’s no reason to doubt them. … Continue reading

Posted in Arizona, Atlantic City, Barstool Sports, Baseball, Boulder Strip, Boyd Gaming, DFS, Downtown, FanDuel, Health, Japan, Laughlin, Michigan, Mississippi, North Las Vegas, Pennsylvania, Regulation, Reno, Sports, Sports betting, Tennessee, The Strip, Tourism, Transportation, Tribal, Unite-Here, Wall Street | 1 Comment

Lake Charles leads Louisiana; Caesars welcomes super-spreaders

Louisiana casino revenues continue to march upward, gaining 10% over 2019 in July. The statewide gross was $222 million. Business was especially lively in Baton Rouge, up 32%. That was propelled by L’Auberge Baton Rouge, vaulting 41% to $16 million. … Continue reading

Posted in AGA, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Economy, FanDuel, Georgia, Golden Gaming, Golden Nugget, Health, Las Vegas Raiders, Louisiana, Penn National, Pennsylvania, South Korea, Tribal, Unite-Here | 2 Comments

Competitive vitality in Pennsylvania; The politics of casinos

Pennsylvania was late to the casino-recovery party but it’s finally arrived, up 1% in July over 2019 for a gross of $310 million, of which $223 million was won at the slots. The good news may be short-lived, in that … Continue reading

Posted in Alex Meruelo, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Card rooms, Centaur Gaming, Churchill Downs, Cordish Co., Derek Stevens, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Greenwood Racing, Health, Indiana, Internet gambling, Japan, Law enforcement, Marketing, Michael Gaughan, Mohegan Sun, Nevada, Oklahoma, Oregon, Penn National, Pennsylvania, PointsBet, Politics, Regulation, Rush Street Gaming, South Korea, Spectacle Entertainment, Sports betting, Station Casinos, Tamares Group, Taxes, Texas, Tribal, TV, Wall Street, West Virginia, Wynn Resorts | 1 Comment

Atlantic City catches up; MGM confronts Covid; AAA salutes Circa

It took a while but the Boardwalk is finally even with 2019 numbers. July saw a gambling gross of $277 million, flat with two years ago. Slot win was up 6% on 2% more coin-in but tables declined 14% on … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, California, Derek Stevens, Dining, Downtown, DraftKings, FanDuel, FoxBet, Golden Nugget, Hard Rock International, Health, Internet gambling, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Resort fees, Rush Street Gaming, Sports betting, The Strip, William Hill, Wynn Resorts | 5 Comments

Has Japan jumped the shark?

That in essence is the question posed today by Global Gaming Business, in an excellent article by Marjorie Preston. And if GGB is querying the viability of the Nipponese casino market you know things are bad. Even normally bullish Brendan … Continue reading

Posted in Architecture, Arizona, Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., CQ Holdings, DraftKings, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Health, Indiana, Japan, Las Vegas Sands, Louisiana, Macau, Melco Crown Entertainment, MGM Resorts International, Peninsula Pacific, Penn National, Pennsylvania, Politics, Rush Street Gaming, Sports betting, Taxes, TV, William Hill, Wynn Resorts | 1 Comment

Open season in New York; Ohio, Missouri boom; Scientific baffles

Rather than face (well-deserved) impeachment, New York State Gov. Andrew Cuomo (D) resigned in disgrace today. Which happened to coincide with the disclosure of the companies which have applied to be online sports betting provider(s) for the Empire State. Cuomo’s … Continue reading

Posted in Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Florida, FoxBet, Genting, Golden Gaming, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Las Vegas Sands, Lotteries, MGM Resorts International, Missouri, New York, Ocean Resort, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Scientific Games, Seminole Tribe, Sexual misconduct, Slot routes, Sports betting, Wall Street, William Hill, Wynn Resorts | Comments Off on Open season in New York; Ohio, Missouri boom; Scientific baffles

Florida compact sneaks into effect; DraftKings buys out Fertitta

Secretary of the Interior Deb Haaland has jumped the shark. Her department has wisely-washily neither confirmed nor denied the controversial Seminole Tribe compact with the state of Florida, one that gives the Seminoles control over sports betting in the state. … Continue reading

Posted in Arizona, BetMGM, California, Culinary Union, DraftKings, FanDuel, Florida, Golden Nugget, Health, Internet gambling, Marketing, MGM Resorts International, New Jersey, New York, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe, Sports, Sports betting, Taxes, Texas, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 1 Comment

Las Vegas flirting with disaster; Pennsylvania sickly

With the exception of brave outliers Las Vegas Sands and Westgate Las Vegas, most casinos in Sin City are reacting to the resurgence of Covid-19 by doing … nothing. There’s a ‘been there, done that‘ attitude toward crisis-period measures like … Continue reading

Posted in Arizona, Bally, Barstool Sports, Baseball, BetMGM, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, Economy, FanDuel, FoxBet, Genting, Greenwood Racing, Hard Rock International, Health, Internet gambling, Las Vegas Sands, Mohegan Sun, Nevada, New York, Ohio, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Singapore, The Strip, Tourism, Tribal, Wall Street, Westgate LV | 3 Comments

Atlantic City plays catch-up; Pennsylvania, Michigan flex online muscles

Casinos in Atlantic City are having trouble catching a wave from the Great Reopening. Last month’s brick-and-mortar revenues were $214.5 million, 9% down from 2019. Slot win ($154 million) was 8% lower on 11% less coin-in and luck wasn’t with … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Cordish Co., Culinary Union, Derek Stevens, Dining, DraftKings, Economy, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Health, Internet gambling, Japan, Las Vegas Sands, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Station Casinos, Taxes, The Strip, Wall Street, Westgate LV, William Hill, Wynn Resorts | 2 Comments

Indiana, Missouri stay strong; Mixed feelings about buffets

Casino winnings in Indiana came up just a few increments short of $200 million last month, a 13% gain on 2019. Hard Rock Gary came out of the blocks fast, grossing $26 million, although Horseshoe Hammond climbed 7% to retain … Continue reading

Posted in AGA, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, DraftKings, Entertainment, FanDuel, Full House Resorts, Health, Indiana, Internet gambling, Louisiana, Michael Gaughan, Missouri, New Jersey, Penn National, Pennsylvania, Philippines, PointsBet, Politics, Rush Street Gaming, Sports, Sports betting, William Hill, Wynn Resorts | 1 Comment

CityCenter sale applauded; DraftKings sued twice over

Deutsche Bank analyst Carlo Santarelli took a gander at the terms of MGM Resorts International‘s purchase/re-sale of Aria and Vdara, and liked what he saw. He reaffirmed his “buy” rating on MGM shares, with a price target of $54. He … Continue reading

Posted in BetMGM, Boyd Gaming, Caesars Entertainment, CityCenter, Cretins, DraftKings, Dubai, Election, FanDuel, Health, Iowa, LVCVA, MGM Resorts International, Nevada, New Jersey, Peninsula Pacific, Penn National, Resorts World LV, Rush Street Gaming, Sports betting, The Strip, Virginia, Wall Street, William Hill | 1 Comment

Torrid summer in Ohio; Kiddies for sports betting

We’ve been a busy bee of late. You can read our interview with Mohegan Gaming & Entertainment‘s Pacific viceroy, Bobby Soper, see our preview of Resorts World Las Vegas or look back on 2020, the year that wasn’t in gaming. … Continue reading

Posted in Affinity Gaming, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, DraftKings, FanDuel, Florida, Foxwoods, Hard Rock International, Illinois, Jack Entertainment, Law enforcement, Lotteries, MGM Resorts International, Mohegan Sun, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Resorts World LV, Rush Street Gaming, Seminole Tribe, South Korea, Sports betting, Technology, Wall Street, William Hill, Wynn Resorts | 1 Comment

Maryland keeps booming; Penn panned

Gaming’s recovery continues unabated in the Free State. Maryland gambling revenues for June were $161.5 million, a 13% gain on 2019. $64 million of that went to MGM National Harbor, up 12% and hoarding 39.5% market share. Maryland Live chugged … Continue reading

Posted in Barstool Sports, Caesars Entertainment, Churchill Downs, Cordish Co., Cretins, DFS, FanDuel, Golden Gaming, Health, Internet gambling, Maryland, MGM Resorts International, Mohegan Sun, Nevada, Penn National, Pennsylvania, Sports betting, Wall Street, West Virginia | 3 Comments

Case Bets

Crown Resorts is in the soup again. Businessman and fugitive from justice Michael Gu allegedly used Crown Melbourne as a sieve through which to strain $8 million in Ponzi scheme money. “Authorities believe he conned clients by claiming he was … Continue reading

Posted in Australia, Barstool Sports, Caesars Entertainment, China, Crown Resorts, DraftKings, FanDuel, Illinois, Las Vegas Sands, MGM Resorts International, Money laundering, Penn National, PointsBet, Regulation, Rush Street Gaming, Sports betting, The Strip, Tourism, William Hill, Wynn Resorts | 1 Comment

Resorts World a smash hit; Cranky Maine woman stiffs tribes

Some of us thought Nevada would never regain the giddy gambling heights of 2007. We were wrong. May was the best month in Silver State history, as casinos raked in $1.2 billion. (The previous high was in October 2007, on … Continue reading

Posted in Arizona, Atlantic City, BetMGM, Caesars Entertainment, Cordish Co., DraftKings, Economy, FanDuel, Genting, Health, Maine, Marketing, Nebraska, Nevada, North Carolina, Pennsylvania, Phil Ruffin, Politics, Racinos, Resorts World LV, Sahara, Sports, Sports betting, Tennessee, Tribal, Virginia, Wynn Resorts | 2 Comments

Florida gets tag-teamed; Penn upbeat on 2021; Vegas room rates soar

This is how it’s done. Or supposed to be done. DraftKings and FanDuel are teaming to back a petition drive to legalize sports betting in Florida. Aimed at the November 2022 election ballot, the resolution would dedicate tax revenues from … Continue reading

Posted in Baseball, Caesars Entertainment, Canada, Colorado, Dining, DraftKings, Economy, Election, FanDuel, Hard Rock International, Las Vegas Sands, Law enforcement, Louisiana, Maine, Massachusetts, MGM Resorts International, Oklahoma, Peninsula Pacific, Penn National, Pennsylvania, Problem gambling, Regulation, Sports, Sports betting, Taxes, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts | 2 Comments

Louisiana up again; DraftKings hit hard

Casinos in Louisiana weren’t quite as phat last month as in April but still nudged up 5% overall. In New Orleans, the leader was Harrrah’s New Orleans with $27 million (+1%), followed by Boomtown New Orleans, leaping 21% to $12.5 … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, China, Churchill Downs, CQ Holdings, DraftKings, FanDuel, Golden Nugget, Greenwood Racing, Law enforcement, Louisiana, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Taxes, Wall Street | Comments Off on Louisiana up again; DraftKings hit hard

Atlantic City casinos rebound; Slow thaw in Massachusetts

Casinos in Atlantic City are finally catching up with the rest of gaming’s recovery. Last month they were only 3% off the 2019 pace. They grossed $213 million, a substantial improvement over April. Slot win was $158 million on 8% … Continue reading

Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, Cordish Co., Dining, DraftKings, FanDuel, FoxBet, Genting, Golden Nugget, Hard Rock International, Japan, Law enforcement, Massachusetts, MGM Resorts International, Mohegan Sun, North Carolina, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sports, Sports betting, The Strip, Wynn Resorts | Comments Off on Atlantic City casinos rebound; Slow thaw in Massachusetts

Indiana, Missouri keep rebounding; Casino boom benefits all

Scratch two casino riverboats in Indiana. The Majestic Star-branded flotilla went out of business—and Hard Rock Gary came in, quite auspiciously. Total Hoosier State gaming revenue for last month grew 18% over 2019 to $185.5 million. Hard Rock Gary opened … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Connecticut, Detroit, Donald Trump, DraftKings, Economy, Entertainment, FanDuel, Full House Resorts, Hard Rock International, Indiana, Internet gambling, Law enforcement, Macau, MGM Resorts International, Michigan, Mississippi, Missouri, Peninsula Pacific, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Spectacle Entertainment, Sports, Sports betting, Taxes, The Strip, Tilman Fertitta, Tribal, Virginia, Wisconsin | 2 Comments

Trump banned; Richmond: The fix was in

Donald Trump won’t be opening a casino in Doral. Neither will anyone else. Not if the Doral City Council has its way. It voted unanimously to bar casino gambling within the city, which encompasses The Donald’s struggling resort. This has … Continue reading

Posted in Australia, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., Donald Trump, DraftKings, Entertainment, FanDuel, Florida, Health, Iowa, Mohegan Sun, Money laundering, North Dakota, Pennsylvania, Politics, Regulation, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, William Hill | 3 Comments