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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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Category Archives: FoxBet
Pennsylvania soggy; Epic fail in North Carolina
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
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Michigan, Pennsylvania strong online; Mega-Jottings
Our vacation has taken us to the wilds of Michigan, so today’s report will start there. Detroit‘s three casinos raked in $105 million last month, a 1.5% decline from May of last year. But it was a terrific month for … Continue reading →
Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Cordish Co., Detroit, DraftKings, FanDuel, Florida, FoxBet, Genting, Greenwood Racing, Illitch Family, Internet gambling, Massachusetts, MGM Mirage, Michigan, Mohegan Sun, Nebraska, Penn National, Pennsylvania, PointsBet, Racinos, Real Estate, Rush Street Gaming, Sports betting, Tourism, Tribal, Virginia, WInd Creek, Wynn Resorts
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Pennsylvania soaked; Texas, Cubed; Mega-Jottings
That old gaming-industry equation that more = more is getting tested in Pennsylvania. On a sheer, gross-gaming-revenue basis, last month’s $297.5 million haul was down 4% from last year but up 7% from the ‘old normal,’ 2019. However, when looked … Continue reading →
Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, Century Casinos, Churchill Downs, Cordish Co., Cretins, Dining, DraftKings, FanDuel, FoxBet, Greenwood Racing, Health, Internet gambling, Jim Murren, Las Vegas Sands, Louisiana, Mohegan Sun, Nebraska, Nevada, New Jersey, New York, Penn National, Pennsylvania, Politics, Racinos, Rush Street Gaming, Sports betting, Texas, The Strip, Tourism, TV, Vici Properties, Virginia, WInd Creek, Wynn Resorts
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All Atlantic City, all the time; Bally’s blunder
Casino winnings in Atlantic City dipped a bit last month, down 1.5% to $231.5 million. Slot revenues led the way, down 3% on flat coin-in. Table games actually did better, up 3% despite flat wagering but A.C. is a slot … Continue reading →
Posted in Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Detroit, Dining, DraftKings, Entertainment, Environment, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Illitch Family, Internet gambling, Lake Tahoe, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, PointsBet, Rush Street Gaming, The Strip, Wynn Resorts
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1 Comment
Pennsylvania, Lousiana flagging; All eyes on Macao
Casino winnings in Pennsylvania stuttered last month, hitting $311 million, flat with March 2022. Spreading more gaming wealth among a greater number of properties obviously isn’t helping on a same-store basis. Parx Casino maintained its supremacy with $53 million, despite … Continue reading →
Posted in Ameristar, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, China, Churchill Downs, Cordish Co., CQ Holdings, Detroit, DraftKings, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Illitch Family, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, The Strip, Tourism, Transportation, Tribal, WInd Creek, Wynn Resorts
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1 Comment
A Dream deferred; Lost Virginity; Tennessee tax trouble
Don’t look now, Las Vegas but we may have another failsino on our hands. Construction has ground to a total halt on Dream, the south-Strip resort project that looked like a sure thing not so long ago. Developer Bill Shopoff … Continue reading →
Posted in Barstool Sports, BetMGM, Caesars Entertainment, California, Detroit, DraftKings, Failsinos, FanDuel, FoxBet, Hard Rock International, Health, Illitch Family, Internet gambling, Kentucky, Macau, MGM Resorts International, Michigan, Nevada, Penn National, Politics, Regulation, Sports betting, Taxes, Tennessee, The Strip, Tribal, Virgin Hotels, Virginia, Wynn Resorts
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Sharp decline in Detroit; Biden backs Seminoles, DeSantis
Motown casinos grossed $106 million last month, off 8.5% from July 2021 (and way down from 2019, excepting stellar MGM Grand Detroit). MGM led with $51 million, MotorCity followed with $35 million and, as always, Hollywood Detroit brought up the … Continue reading →
Posted in Barstool Sports, BetMGM, Caesars Entertainment, Detroit, DraftKings, FanDuel, Florida, FoxBet, Hard Rock International, Illitch Family, Internet gambling, Las Vegas Sands, MGM Resorts International, Michigan, New Jersey, New York, Penn National, Politics, Rush Street Gaming, Seminole Tribe, Sports betting, Wynn Resorts
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1 Comment
Pennsylvania: Parx back on top; Gov’t milks problem gambling
Despite a 12.5% dropoff in revenue from July 2021, Parx Casino outpaced the rest of the Pennsylvania pack last month, booking $51 million in revenue. The only other casino to come close was Wind Creek Bethlehem, riding a 13.5% surge … Continue reading →
Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Centaur Gaming, China, Churchill Downs, Cordish Co., Donald Trump, DraftKings, FanDuel, FoxBet, Greenwood Racing, Hard Rock International, Health, Indiana, International, Internet gambling, Las Vegas Sands, Macau, Mohegan Sun, Money laundering, Ohio, Penn National, Pennsylvania, Problem gambling, Rush Street Gaming, Sports betting, Tribal
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2 Comments
Two Atlantic City casinos to be struck; Pennsylvania’s fuzzy math
Unite-Here quickly ran out of patience with the Golden Nugget and Resorts Atlantic City. 97% of affected membership voted to authorize strikes at both the bottom-feeding casinos if a labor deal can’t be reached before August 1. That still gives … Continue reading →
Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, Economy, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Internet gambling, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Michigan, Mohegan Sun, Penn National, Pennsylvania, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tribal, Unite-Here, Wall Street, WInd Creek
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Atlantic City booms on eve of strike; Louisiana not so lucky
Staring down a seemingly inevitable strike on July 1 by Unite-Here, casinos in Atlantic City could at least take solace in a May that saw gaming revenues leapfrog 9% over last year. The total gross was $233 million, as slot … Continue reading →
Posted in Architecture, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., CQ Holdings, Crown Resorts, Dining, Downtown, DraftKings, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Internet gambling, Louisiana, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tamares Group, Texas, Tourism, Tribal, TV, Unite-Here
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1 Comment
Wynn steals its own thunder; Atlantic City hits a downer
Leave it to Wynn Resorts to squelch news of a bad 4Q21—losing $256.5 million—with an, oh by the way, announcement that it was selling Encore Boston Harbor for $1.7 billion (essentially breaking even on construction costs) and leasing it back. … Continue reading →
Posted in AGA, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Crown Resorts, Dining, DraftKings, Dubai, Economy, FanDuel, FoxBet, Golden Nugget, Hard Rock International, Internet gambling, James Packer, Las Vegas Sands, Macau, Marketing, Massachusetts, Mattress Mack, MGM Resorts International, Michigan, Mohegan Sun, New Jersey, New York, Penn National, PointsBet, Problem gambling, Rush Street Gaming, South Korea, Sports, Sports betting, Taxes, Tennessee, Texas, The Strip, Wall Street, Wynn Resorts
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Atlantic City still booming; Churchill Downs wins in Terre Haute
It was another bonanza month for the Boardwalk, as casinos grossed $237.5 million in October, 17% above 2019. Slot win was up 22% on 19% more coin-in and tables won 6% on 9% higher wagering and despite lower hold. Borgata … Continue reading →
Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, FanDuel, FoxBet, Full House Resorts, Golden Nugget, Greenwood Racing, Hard Rock International, Indiana, International, MGM Resorts International, Mohegan Sun, Money laundering, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sports betting, Tribal, Wall Street
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1 Comment
New York picks winners, losers; Ohio, even Illinois flex muscles
In hopes of having online sports betting operational in time for the Super Bowl, Empire State gaming regulators announced their picks for the state’s nine OSB license applications late yesterday. Winners were BetMGM (just as Bill Hornbuckle predicted), DraftKings, FanDuel, … Continue reading →
Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Delaware, DFS, DraftKings, Economy, Environment, Failsinos, FanDuel, FoxBet, Foxwoods, Full House Resorts, Genting, Golden Gaming, Hard Rock International, Illinois, International, Jack Entertainment, Lake Tahoe, Maryland, MGM Resorts International, Mississippi, Missouri, Mohegan Sun, New York, Ohio, Penn National, PointsBet, Racinos, Rush Street Gaming, Sports betting, Taxes, Technology, West Virginia, Wynn Resorts
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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
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1 Comment
Encore dominates Massachusetts; Penn touted; Fontainebleau jilted
Gaming revenues in Massachusetts were up 10% from September 2019, reaching $89 million. The lion’s share (65%) went to Encore Boston Harbor, leaping 17.5% to $57.5 million—$7 million more than Deutsche Bank analyst Carlo Santarelli expected. (Encore also disclosed some … Continue reading →
Posted in Animals, Barstool Sports, BetMGM, Caesars Entertainment, Detroit, DraftKings, Economy, Entertainment, FanDuel, Fontainebleau, FoxBet, Golden Nugget, Health, Internet gambling, Lake Tahoe, Marketing, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Singapore, Sports, Sports betting, Steven Witkoff, The Strip, TV, Wall Street, Wynn Resorts
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1 Comment
Macao fears overdone?; Dispatches from Atlantic City
After a long bout with the flu, we’re back with our usual persiflage. One of the stocks that was on the sickbed last week was Las Vegas Sands, bedridden from proposed new restrictions on Macao casinos. Deutsche Bank analyst Carlo … Continue reading →
Posted in Architecture, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Carl Icahn, China, Dining, DraftKings, FanDuel, FoxBet, Golden Nugget, Hard Rock International, Health, Internet gambling, Las Vegas Sands, Macau, MGM Resorts International, Michigan, New Jersey, Palms, PointsBet, Politics, Regulation, Rhode Island, Rush Street Gaming, Sports betting, Station Casinos, Tribal, Virginia, Wall Street
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1 Comment
Atlantic City slumps, as does Pennsylvania; Culinary kabuki theatre
Casinos along the Boardwalk continue to be impervious to the economic recovery that is prevalent in the gaming industry. Atlantic City was down 8% last month compared to 2019, grossing $262.5 million. Sports betting brought in $52 million (+32% from … Continue reading →
Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., CQ Holdings, Culinary Union, DraftKings, Entertainment, FanDuel, Florida, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, International, Internet gambling, Japan, Las Vegas Sands, Louisiana, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Technology, The Strip, Tribal, Wall Street, Washington State, Wayne F. Newton, William Hill, Wynn Resorts
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1 Comment
Fall of the Packer empire; Culinary Union’s kabuki theatre
The house that the late Kerry Packer built continues to go from bad to worse to downright awful under the all-thumbs leadership of heir James Packer. During the first half of this year Crown Resorts lost $191 million (on a … Continue reading →
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
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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
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