Category Archives: Genting

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 | 1 Comment

Atlantic City: Boardwalk boffo, sports betting bigger still; DeSantis wins

September was a breakout month for Atlantic City casinos, which surged 11% over 2019 to $248.5 million. Slot win was 14% higher on 13% more coin-in and table games garnered 4% more on 4% greater wagering, so luck was with … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Culinary Union, DraftKings, FanDuel, Florida, Genting, Golden Nugget, Hard Rock International, Health, Illitch Family, Internet gambling, Marketing, MGM Resorts International, Mohegan Sun, New Jersey, New York, Ocean Resort, Philippines, PointsBet, Real Estate, Seminole Tribe, Sports, Sports betting, Tamares Group, Taxes, Texas, Tribal, Wall Street | 2 Comments

Strip sizzles in August

Casinos on the Las Vegas Strip grossed $626 million last month, 20% better than August 2019. Statewide, the jump was 22% to $1.65 billion but the real overachievers were locals casinos, leaping 41% (to $250 million) with a little help … Continue reading

Posted in Atlantic City, Boulder Strip, Century Casinos, Cretins, Dining, Downtown, G2E, Genting, Hard Rock International, Health, history, Indiana, International, Lake Tahoe, Laughlin, Macau, MGM Resorts International, Missouri, North Las Vegas, Palms, Reno, Sports, Sports betting, Technology, The Strip, Transportation, Tribal, Wendover | 5 Comments

Ida hits coastal casinos; Case Bets

Gulf Coast casinos are currently weathering Hurricane Ida and can be optimistic—at least in Mississippi—that it will not be a replay of Hurricane Katrina, now that all the coastal casinos are onshore. However, garages are flooding and casino doors are … Continue reading

Posted in Arizona, Atlantic City, Bally, BetMGM, Churchill Downs, Crown Resorts, DraftKings, FanDuel, Genting, Golden Nugget, James Packer, Japan, Melco Crown Entertainment, Mississippi, Ocean Resort, Oregon, Penn National, Rush Street Gaming, Sports, Sports betting, Technology, The Strip, Tribal, Westgate LV, William Hill, Wisconsin, 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

Illinois springs to life while Ohio erupts; Mohegan Sun jilted twice over

Stop the presses! Illinois casinos actually outperformed 2019 last month by 4%. That’s downright miraculous. They grossed $120 million, led by Rivers Casino Des Plaines‘ $47.5 million, a 28% vault. Harrah’s Joliet was a distant second with $14.5 million (-1%), … Continue reading

Posted in AGA, Arizona, Arkansas, Bally, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, DraftKings, G2E, Genting, Greenwood Racing, Hard Rock International, Health, Illinois, Internet gambling, Jack Entertainment, Japan, MGM Resorts International, Michigan, Missouri, Mohegan Sun, New Jersey, New York, Ohio, Penn National, Sports betting, Steve Wynn, The Rio, The Strip, Tribal, Wynn Resorts | 4 Comments

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

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

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

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

Illinois limps, Ohio races; Flying the friendly skies with Hard Rock

First, the good news. Illinois gaming revenues held steady from April to May. However … they lagged May 2019 by 9.5%, for a gross of $107 million. The shining exception, as ever, was Rivers Casino Des Plaines, which cornered 39% … Continue reading

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Genting, Hard Rock International, Illinois, Jack Entertainment, MGM Resorts International, Neil Bluhm, New Jersey, New York, Ohio, Pennsylvania, Politics, Slot routes, Taxes, Transportation | 1 Comment

Don’t make mine Manhattan

That’s the word from key legislators, who have made it clear that Gov. Andrew Cuomo (D) would be putting a casino in Manhattan over their dead bodies. “I believe it would be seriously detrimental to the residential and commercial quality … Continue reading

Posted in Arizona, Atlantic City, Bally, BetMGM, Cosmopolitan, Entertainment, FanDuel, Genting, Georgia, Illinois, Las Vegas Sands, Marijuana, MGM Resorts International, Mohegan Sun, Nevada, New York, Politics, Regulation, Resort fees, Resorts World LV, Slot routes, Sports, Sports betting, Transportation, Wynn Resorts | 2 Comments

Recovery has legs; Resorts World LV impresses

Maryland didn’t just do well in April, it posted its third-best month ever. Gaming win grew 11.5% from 2019, to $162 million. That’s with 50% capacity constraints at MGM National Harbor and Horseshoe Baltimore (all other casinos are operating at … Continue reading

Posted in Barstool Sports, Caesars Entertainment, Churchill Downs, Conventions, Cordish Co., Cosmopolitan, Dining, Entertainment, Genting, Golden Gaming, Health, Illinois, Internet gambling, Maryland, MGM Resorts International, Michigan, New Mexico, Penn National, Pennsylvania, Regulation, Resorts World LV, Sports betting, Wall Street, West Virginia, World Series of Poker | 1 Comment

Las Vegas rates rebound; Kentucky Derby brings out crowds

In another sign of a faster-than-expected Las Vegas comeback, room rates on the Strip for the May 23-29 period are reported to be flat with 2019. Midweek numbers are mildly down (-17%) but counterbalanced by higher weekend rates (+18%) than … Continue reading

Posted in Atlantic City, Australia, China, CityCenter, Conventions, Crown Resorts, Dining, Dubai, Economy, Entertainment, Genting, Golden Nugget, Hard Rock Hotel, Health, Horseracing, Illinois, International, Las Vegas Sands, MGM Resorts International, Palms, Pennsylvania, Plaza, Real Estate, Regulation, Singapore, Sports, Sports betting, Station Casinos, Taxes, Tennessee, The Strip, Tribal, Virginia, Wynn Resorts | 1 Comment

“In a word, messy”

That’s how JP Morgan analyst Joseph Greff described the online sports-betting bill enacted by the New York State Lege. The latter essentially caved to Gov. Andrew Cuomo (D), giving control of OSB to the state lottery. Instead of the one-operator … Continue reading

Posted in Arizona, Atlantic City, Detroit, DraftKings, Environment, Genting, Las Vegas Sands, MGM Resorts International, Nevada, New Jersey, New York, Ocean Resort, Palms, Politics, Real Estate, Regulation, Sports betting, Station Casinos, Tribal, Wall Street | Comments Off on “In a word, messy”

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

A.C.: A month to forget; Trump sticks it to Miami

Casino revenue headed 32% south in Atlantic City last month, to $148 million. Those were augmented with $46 million in sports-betting dollars and $94 million from Internet gambling (+80%), so that probably counts as a silver lining to a dark … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Donald Trump, DraftKings, FanDuel, Florida, Fontainebleau, FoxBet, Genting, Golden Nugget, Greenwood Racing, Hard Rock International, MGM Resorts International, Michigan, Mohegan Sun, New Jersey, New York, Ocean Resort, Penn National, Pennsylvania, Politics, Real Estate, Rush Street Gaming, Seminole Tribe, Sports, Sports betting, Tribal, Wall Street, William Hill, Wynn Resorts | 1 Comment

Trop sale teased; Michigan sports betting explosive

Gaming & Leisure Properties Inc. hosted JP Morgan analysts last week and tried to get them all hot and bothered with talk of a Tropicana Las Vegas sale. It said it felt one would happen sooner, not later, adding that … Continue reading

Posted in Caesars Entertainment, Churchill Downs, Detroit, DraftKings, FanDuel, FoxBet, Genting, GLPI, Health, Internet gambling, Las Vegas Sands, MGM Resorts International, Michigan, Nevada, New Jersey, Penn National, Pennsylvania, PointsBet, Politics, Real Estate, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, Wall Street, William Hill, Wynn Resorts | 6 Comments

New Yorkers want more casinos; More death on the Strip

While the last round of casino expansion in New York State was no better than a succes d’estime, Empire Station residents are still behind a planned 2023 enlargement that would bring three new resorts. Given the choice of casinos, higher … Continue reading

Posted in California, DFS, DraftKings, Genting, Georgia, Internet gambling, Las Vegas Sands, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Nevada, New Jersey, New York, Politics, Racinos, Scientific Games, Sports betting, Station Casinos, Taxes, Technology, Tennessee, The Strip, Tilman Fertitta, Tribal, Unite-Here, Wall Street, Wynn Resorts | Comments Off on New Yorkers want more casinos; More death on the Strip

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