Category Archives: Full House Resorts

Playing politics with sports betting … and casinos

Chicago Mayor Lori Lightfoot (D) has really put her foot in it this time. Not only are Windy City aldermen balking at five stadium-area sports books in addition to a billion-dollar casino, fearing cannibalization, but Lightfoot threw gasoline on the … Continue reading

Posted in Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Health, Illinois, Jack Entertainment, Marketing, MGM Resorts International, Nevada, New Jersey, New York, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Regulation, Rush Street Gaming, Sports, Sports betting, Taxes, Tribal, TV, Wall Street | 1 Comment

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 | 1 Comment

Wynn spits out SPAC; Penn slammed; Indiana impresses

Headlines are still being made by Wynn Resorts this week. Shockwaves continue to reverberate from CEO Matt Maddox‘s surprise retirement, nearly one year ahead of schedule. His departure comes at a delicate point in negotiations with Macao (or should we … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., DraftKings, Drugs, Entertainment, FanDuel, Fontainebleau, Full House Resorts, Golden Gaming, Hard Rock International, Indiana, International, Internet gambling, Macau, Marketing, New York, Penn National, Pennsylvania, PointsBet, Sports betting, Station Casinos, Tribal, TV, Wall Street, Wynn Resorts | 2 Comments

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 | 2 Comments

Ida dampens Louisiana’s day; NFL tackles degenerate gambling

September gaming revenues in Louisiana were expected to be diminished by Hurricane Ida and they certainly were, down 23% on a same-store basis. New Orleans had the worst time of it (-48%), Baton Rouge the easiest (-5%). All comparisons are … Continue reading

Posted in BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Election, Full House Resorts, Golden Nugget, Illinois, International, Louisiana, Marketing, Peninsula Pacific, Penn National, Problem gambling, Sports betting, Virginia | 4 Comments

Biden wades into Florida swamp; New eras at Palms, Ocean

Intentionally or not, President Joe Biden (D) has done Florida Gov. Ron DeSantis (R) a solid. He wants the federal judiciary to dismiss litigation that would invalidate DeSantis’ controversial compact with the Seminole Tribe. As amusing as the spectacle of … Continue reading

Posted in Aristocrat, Atlantic City, Australia, Baseball, Boyd Gaming, Caesars Entertainment, Connecticut, Economy, Environment, Florida, Full House Resorts, Hard Rock International, Health, Illinois, Illitch Family, Lake Tahoe, Las Vegas Sands, LVCVA, Marketing, MGM Resorts International, Money laundering, Nevada, North Las Vegas, Ocean Resort, Palms, Regulation, Reno, San Manuel Band of Mission Indians, Seminole Tribe, Sports betting, Star Entertainment, Station Casinos, Technology, The Strip, Tribal, Wynn Resorts | Comments Off on Biden wades into Florida swamp; New eras at Palms, Ocean

Indiana wins big, Missouri too; Pennsylvania guv blows smoke

While the American economy overall may be a disappointment for some, Big Gaming has nothing of which to complain. Indiana is coming off another bully month, up 16% from 2019, for an overall gross of $201 million, driven in no … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Dining, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Health, Indiana, Internet gambling, MGM Resorts International, Missouri, Movies, Nevada, Penn National, Politics, Sports, Sports betting, Technology, Tribal | 3 Comments

Mega-jottings for the weekend

It didn’t take Blackstone Group long to start spending the ‘mad money’ it got for selling The Cosmopolitan of Las Vegas. It plunked down $305 million for all 15 hotels owned by Condor Hospitality Trust. Dare we suggest that Blackstone … Continue reading

Posted in Churchill Downs, Connecticut, Cosmopolitan, Foxwoods, Full House Resorts, Illinois, Indiana, Kentucky, Mohegan Sun, Movies, Real Estate, Resorts World LV, Société des Bains de Mer, Spectacle Entertainment, Sports betting | Comments Off on Mega-jottings for the weekend

Cosmo finds pigeons; Scientific sheds sports betting

Reflecting the irrational exuberance surrounding the Las Vegas Strip, it’s a done deal at The Cosmopolitan of Las Vegas. The $3.9 billion resort’s physical assets sold for $4 billion, albeit to a cloudy “group of buyers that includes a Blackstone … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, China, Churchill Downs, Colorado, Cosmopolitan, Donald Trump, DraftKings, Environment, Florida, Full House Resorts, Hard Rock International, Health, Indiana, Lotteries, Louisiana, Macau, Marketing, MGM Resorts International, Pennsylvania, Real Estate, Rush Street Gaming, Scientific Games, Seminole Tribe, Sports, Sports betting, Tennessee, The Strip, Tourism, Wall Street, Wynn Resorts | Comments Off on Cosmo finds pigeons; Scientific sheds sports betting

Balmy August in Indiana; The coming crisis in Vegas; MGM talks up prospects

There are signs that the regional gaming recovery is cooling (Missouri was up just 1% last month) but Indiana‘s August numbers, while not as hot as July’s, were a balmy 10% higher than 2019 as casinos grossed $203 million. Horseshoe … Continue reading

Posted in Arizona, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Conventions, Cosmopolitan, Downtown, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Hard Rock International, Health, Indiana, Internet gambling, Japan, Las Vegas Sands, Louisiana, Macau, Marketing, MGM Resorts International, Mississippi, Missouri, New York, Peninsula Pacific, Penn National, Pennsylvania, Philippines, Politics, Regulation, Resorts World LV, Sports betting, Technology, Tourism, Tribal, Wall Street, William Hill, Wynn Resorts | 3 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

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

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

Hard Rock, Ocean drub Borgata; Caesars massacres shows

Casinos in Atlantic City grossed $189.5 million last month, 9% behind their 2019 pace. Slots were off 5% and tables 17%. Regular top-grosser Borgata had a terrible month, falling 28%, spurring by lackluster table-game winnings (-34%), with slots tumbling 25%. … Continue reading

Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Conventions, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Full House Resorts, Golden Nugget, Hard Rock International, Health, Indiana, Internet gambling, Lake Tahoe, MGM Resorts International, Mohegan Sun, New Jersey, Penn National, PointsBet, Rush Street Gaming, Silverton, Spectacle Entertainment, Sports, Sports betting, The Rio, The Strip, Wayne F. Newton, William Hill, Wynn Resorts | 3 Comments

MGM hits paydirt; Palms sold?; Atlantic City underwhelms

Remember the Harmon Hotel? That Sir Norman Foster-designed tower that had to be amputated at half the intended height in 2008 because of incompetent construction? The only Las Vegas resort ever to be dismantled without having hosted a single guest? … Continue reading

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Card rooms, Carl Icahn, Charity, Churchill Downs, CityCenter, Cosmopolitan, CQ Holdings, Detroit, Dining, Diversity, DraftKings, Entertainment, Florida, Full House Resorts, Golden Nugget, Hard Rock International, Health, Louisiana, LVCVA, MGM Resorts International, Michigan, Nevada, Ocean Resort, Palms, Penn National, Real Estate, Resort fees, Rush Street Gaming, Seminole Tribe, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tribal, Wall Street, Washington State | 1 Comment

Virginia sports betting debuts large; ‘CSI’ back in Vegas

Virginia has now had two full months of sports betting and February handle was an impressive $266 million—not quite the explosion that Michigan was but still noteworthy as the second-biggest debut in U.S. history. Reacted PlayUSA analyst Dustin Gouker, “The … Continue reading

Posted in Dining, DraftKings, Entertainment, FanDuel, Full House Resorts, Genting, Health, Indiana, Law enforcement, Massachusetts, MGM Resorts International, Mississippi, North Carolina, Philippines, Problem gambling, Regulation, Resorts World LV, Rush Street Gaming, Sports, Sports betting, Taxes, Tribal, TV, Virgin Hotels, Virginia, William Hill, Wynn Resorts | 2 Comments

Vegas’ Dream is TSA’s nightmare; MGM disses Chicago

Part Two of our survey of analyst reports on Vegas-based casino companies will have to wait a day, given a bevy of breaking news. First up, a major setback for the planned Dream Las Vegas on the south Strip. Airlines … Continue reading

Posted in Architecture, Arizona, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Cosmopolitan, Cretins, Dining, Diversity, Economy, Entertainment, Failsinos, Full House Resorts, Hard Rock International, Health, Illinois, Indiana, Las Vegas Sands, Mandalay Bay Massacre, Maryland, MGM Resorts International, Michael Gaughan, New York, Penn National, Rush Street Gaming, Security, Spectacle Entertainment, Station Casinos, Texas, The Strip, Tourism, Transportation, Tribal, Wynn Resorts | 2 Comments

MGM revisited; Mixed month for Indiana

Today it was Credit Suisse analyst Ben Chaiken‘s turn to weigh in on MGM Resorts International‘s 4Q20 numbers and he found even more to like than did Joseph Greff yesterday. Leading with Macao, Chaiken saw MGM China capturing more of … Continue reading

Posted in Barstool Sports, Boyd Gaming, Caesars Entertainment, Colorado, Dan Lee, Donald Trump, DraftKings, FanDuel, Full House Resorts, Galaxy Entertainment, Genting, Hard Rock International, Illinois, Indiana, Internet gambling, Japan, Jim Murren, Las Vegas Sands, Macau, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Movies, New York, Penn National, Regulation, Sociedade de Jogos de Macau, Spectacle Entertainment, Sports betting, Steve Wynn, The Mob, The Strip, Tribal, Wall Street, Washington State, Wynn Resorts | 2 Comments

Bailout for Tilman; Casinos to the Big Apple; Mega-Jottings

It was a $6.6 billion rescue package that Golden Nugget CEO Tilman Fertitta received, in the form of a merger with FAST Acquisition. Fertitta’s been hard up for cash and forks over a portion of his casino empire in return … Continue reading

Posted in Architecture, Atlantic City, Caesars Entertainment, Colorado, Dining, Economy, Entertainment, Florida, Full House Resorts, Golden Nugget, Hard Rock International, Internet gambling, Las Vegas Sands, Law enforcement, Marketing, Minnesota, Mississippi, Nebraska, New York, North Carolina, Racinos, Real Estate, Regulation, Sports betting, Tamares Group, The Strip, Tilman Fertitta, Tribal, TV, Wall Street | Comments Off on Bailout for Tilman; Casinos to the Big Apple; Mega-Jottings

Covid cramps casino revenues; Trop LV in play … again

Now that the smartest man in the room has left the building permanently, we continue to wait for Wall Street‘s reaction to Sheldon Adelson‘s demise. Hearing none, we move on to varying degrees of decline in regional gaming, once thought … Continue reading

Posted in Arizona, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Carl Icahn, Century Casinos, Conventions, DraftKings, Economy, FanDuel, Full House Resorts, GLPI, Health, Indiana, Kentucky, Massachusetts, MGM Resorts International, Missouri, Penn National, Politics, Rush Street Gaming, Sheldon Adelson, Singapore, Spectacle Entertainment, Sports betting, The Strip, Tilman Fertitta, Tribal, William Hill | 1 Comment