Category Archives: Full House Resorts

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

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?

Maryland down, Illinois up; NFL hypocrisy; Bally’s biz

Posted on August 8, 2023 by David McKee

Gaming industry bears are going to latch onto a 4% drop in Maryland gambling earnings as evidence of an impending recession. Thankfully, J.P. Morgan analyst Joseph Greff puts it in context by pointing out that the $174 million haul is … Continue reading →

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., DraftKings, Election, Entertainment, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Illinois, Maryland, MGM Resorts International, Penn National, Politics, Sports, Sports betting, Station Casinos, Virginia, Wall Street, West Virginia | Comments Off on Maryland down, Illinois up; NFL hypocrisy; Bally’s biz

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

Indiana, Missouri down; Mega-Jottings

Posted on June 12, 2023 by David McKee

Indiana has joined the growing litany of states with disappointing May casino receipts. The statewide gross of $196.5 million represented a 7% drop-off from last year at this time. Only two casinos defied the trend. French Lick Resort leapt 14.5% … Continue reading →

Posted in Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, Century Casinos, Downtown, DraftKings, Election, FanDuel, Full House Resorts, Galaxy Entertainment, Genting, Hard Rock International, Indiana, International, Kentucky, Marketing, Maryland, MGM Resorts International, Missouri, New York, Penn National, PointsBet, Regulation, San Manuel Band of Mission Indians, Sports betting, Star Entertainment, Tamares Group, Tribal, Virginia, Wall Street, Wynn Resorts | Comments Off on Indiana, Missouri down; Mega-Jottings

Maryland droops; Boardwalk bulletin; Barstool blunder

Posted on June 8, 2023 by David McKee

Mr. & Mrs. America’s torrid, post-pandemic love affair with casino gambling is finally cooling. It’s not cause for alarm, as we knew this was coming—in fact, it was expected to happen much sooner. And while players are dropping less at … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, Fanatics, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Health, Illinois, LVCVA, Marijuana, Maryland, Massachusetts, MGM Resorts International, Nevada, Penn National, Politics, Problem gambling, Regulation, Sports, Sports betting, The Strip, West Virginia | 5 Comments

Massachusetts up, Indiana, Louisiana down; Miller’s folly

Posted on May 16, 2023 by David McKee

Gambling revenues nudged upward a bit in Massachusetts, rising 2% from a year earlier. April’s numbers had Encore Boston Harbor far in the lead with $64 million but flat year/year. MGM Springfield (shown) had quite a good month, up 5% … Continue reading →

Posted in AGA, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Culinary Union, DraftKings, Entertainment, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Health, Indiana, International, Internet gambling, Law enforcement, Louisiana, Massachusetts, MGM Resorts International, New York, Penn National, PointsBet, Rush Street Gaming, Sports betting, Station Casinos, The Strip, Tribal, United Kingdom, Wynn Resorts | Comments Off on Massachusetts up, Indiana, Louisiana down; Miller’s folly

Illinois up, Missouri down; Golden fails to glitter

Posted on May 11, 2023 by David McKee

New product lifted Illinois‘ gambling grosses last month, as same-store revenues slipped 1%. The overall haul was $128 million and much of the propulsion came from The Temporary at American Place in Waukegan and its $7 million take. Hard Rock … Continue reading →

Posted in Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dining, DraftKings, FanDuel, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Illinois, Laughlin, Maryland, Missouri, Nevada, Oklahoma, Penn National, Rush Street Gaming, Slot routes, Sports betting, Tribal, Wynn Resorts | 1 Comment

Wynn’s Arabian nights; White Paper no whitewash

Posted on April 27, 2023 by David McKee

Resisting the temptation to call it Aladdin 2.0, executives at Wynn Resorts unveiled designs of their United Arab Emirates casino resort, Wynn Al Marjan Island. Noting that its’ the company’s first oceanfront resort, Wynn is quick to assure us that … Continue reading →

Posted in Architecture, Bally, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, Full House Resorts, Illinois, International, Internet gambling, Las Vegas Sands, Macau, Money laundering, New Hampshire, New York, Politics, Problem gambling, Regulation, Slot routes, TV, United Kingdom, Virginia, Wall Street, Wynn Resorts | 1 Comment

Atlantic City still up; Full House fuels diners; Japan payday?

Posted on April 17, 2023 by David McKee

Casino revenues were outstripped in New Jersey in March by i-gaming ones, $228.5 million to $253 million. But Atlantic City continued to be healthy, up 5.5%. Slot winnings were 1% higher on flat coin-in but table games did 7% better … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Dining, DraftKings, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Illinois, Internet gambling, Japan, MGM Resorts International, Mohegan Sun, New Jersey, New York, North Dakota, Ocean Resort, PointsBet, Politics, Rush Street Gaming, Shuffle Master, Singapore, Sports, Sports betting, Tribal, United Kingdom, Wall Street, Washington State, William Hill, Wynn Resorts | 1 Comment

Illinois leaps, Indiana falls; Japan awakens; PointsBet blunder

Posted on April 12, 2023 by David McKee

Gambling revenues in Illinois were jolted 10% upward last month, hitting $131 million. This was driven by 15% greater visitation, customer spend being 4.5% lower. Most of the increase was driven by new product. Otherwise, the boost would have been … Continue reading →

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, Culinary Union, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Illinois, Indiana, International, Japan, Macau, MGM Resorts International, Missouri, Nevada, Penn National, PointsBet, Politics, Rush Street Gaming, Sports, Sports betting, The Strip, Wall Street, Wynn Resorts | 1 Comment

Gambling revenues still looking up; Mega-Jottings

Posted on March 14, 2023 by David McKee

Maryland aside, gambling revenues continue to trend upward. Even in Iowa, where they nudged only 1% higher from last year (undoubtedly due to new competition from Nebraska) but were high heavens (+38%) over 2019, aka the good old days. Indiana’s … Continue reading →

Posted in Arizona, Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Cretins, DFS, DraftKings, FanDuel, Full House Resorts, Genting, Georgia, Golden Nugget, Hard Rock International, Indiana, Iowa, Marketing, Massachusetts, Missouri, Movies, New York, Penn National, Politics, Reno, Sports betting, Tribal, United Kingdom, Wynn Resorts | Comments Off on Gambling revenues still looking up; Mega-Jottings

Full House flopping; The bull case for gaming and Vegas

Posted on March 9, 2023 by David McKee

We tweeted after the opening of The Temporary at American Place (yes, that’s its cumbersome nomeclature) that it was “a hit.” We were wrong. According to Full House Resorts CEO Dan Lee and CFO Lewis Fanger, The Temporary eked out … Continue reading →

Posted in Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Colorado, Conventions, Cretins, Culinary Union, Dan Lee, Dining, Diversity, DraftKings, Economy, Full House Resorts, Hard Rock International, Health, Illinois, Lotteries, Marketing, Massachusetts, Nevada, Penn National, Regulation, Sports, Sports betting, Station Casinos, The Strip, Tourism, Wall Street | 3 Comments

Sports betting backlash; Indiana, Missouri rebound

Posted on February 10, 2023 by David McKee

When we were penning the editor’s note for the February issue of Casino Life, we predicted that overkill in sports betting marketing was ripe to bring a backlash. But it happened sooner than we ever expected. Now we don’t know … Continue reading →

Posted in AGA, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Century Casinos, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Illinois, Indiana, Maine, Marketing, Massachusetts, Missouri, New Jersey, Penn National, PointsBet, Politics, Problem gambling, Regulation, Resorts World LV, Rush Street Gaming, Sports betting, The Strip | Comments Off on Sports betting backlash; Indiana, Missouri rebound

Maryland, Illinois leap; Mega-Jottings

Posted on February 7, 2023 by David McKee

So where’s that recession? January revenues from Maryland casinos are in and the $167 million gross is a 9% improvement on 2022. None of the six gambling halls were revenue-negative. MGM National Harbor led the pack with $72 million, an … Continue reading →

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Culinary Union, DraftKings, Entertainment, Full House Resorts, GLPI, Golden Gaming, Hard Rock International, Health, Illinois, Las Vegas Sands, Macau, Maryland, MGM Resorts International, New Jersey, Penn National, Real Estate, Resort fees, Station Casinos, The Strip, Vici Properties | Comments Off on Maryland, Illinois leap; Mega-Jottings

Indiana dims; Sands: Make mine Nassau; Mega-Jottings

Posted on January 13, 2023 by David McKee

Gaming revenues dipped last month in Indiana, achieving $204 million, a 3.5% year/year decline. Hard Rock Northern Indiana ($34 million, +4%) continues to ransack its competitors. Horseshoe Hammond was closest, grossing $26 million but down 13.5%, while Ameristar East Chicago … Continue reading →

Posted in Animals, Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Culinary Union, Dining, DraftKings, FanDuel, Fontainebleau, Full House Resorts, Genting, Greenwood Racing, Hard Rock International, Illinois, Indiana, International, Internet gambling, Las Vegas Sands, Louisiana, New York, Penn National, Pennsylvania, PointsBet, Politics, Resorts World LV, Rush Street Gaming, Sports betting, Texas, Wall Street | 1 Comment

A Boardwalk Christmas; Mega-Jottings

Posted on December 27, 2022 by David McKee

Most people wouldn’t spend Christmas Day in a casino or two but our East Coast correspondent did. He reports, “At the Golden Nugget on Christmas, Chart House, Lillie’s Asian, the Grotto (Italian), Michael Patrick’s coffee shop, Bean & Bread for … Continue reading →

Posted in Animals, Atlantic City, Bally, Caesars Entertainment, Churchill Downs, Dan Lee, Dining, DraftKings, Fontainebleau, Full House Resorts, Golden Nugget, Hard Rock International, International, Kentucky, Mohegan Sun, New York, Ohio, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, Wall Street | 1 Comment

Christmas wishes

Posted on December 23, 2022 by David McKee

It’s time to reward those who have been nice and offer appropriate gifts to the naughty. So, without further ado, we play Santa Claus to the casino industry …

Posted in AGA, Alabama, Alex Meruelo, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Card rooms, Chicago, China, Crown Resorts, Culinary Union, Dan Lee, Derek Stevens, Downtown, DraftKings, Fontainebleau, Full House Resorts, Genting, Georgia, Hard Rock International, James Packer, Japan, Kazuo Okada, Las Vegas Sands, Macau, Massachusetts, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Moulin Rouge, Movies, Nevada, New York, Oklahoma, Pahrump, Palms, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resort fees, Resorts World LV, Sahara, Scott Butera, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, The Rio, The Strip, Tilman Fertitta | Comments Off on Christmas wishes

Indiana, what’s up?; Shuberts take on Caesars in NYC

Posted on November 14, 2022 by David McKee

Gaming revenue in Indiana cooled somewhat last month, as casinos banked $207.5 million, a 3% drop from last year, albeit still 16% higher than 2019. (No elaborate 2019 comparisons will be drawn because that year saw two Majestic Star boats … Continue reading →

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Card rooms, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Indiana, Las Vegas Raiders, Las Vegas Sands, Nevada, New York, Penn National, Politics, Spectacle Entertainment, Sports, Sports betting, Station Casinos, Tribal, United Kingdom, Wall Street, Wynn Resorts | 1 Comment