Category Archives: Golden Nugget

You can’t fix stupid; Good-bad news on the bayou

We live in an era of “alternative facts” and “false flag” narratives and, boy, are we the worse for it. It was only a matter of time before the gaming industry was on the receiving end of “false facts” and … Continue reading

Posted in Architecture, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, CQ Holdings, Cretins, DFS, DraftKings, FanDuel, Florida, Golden Nugget, history, Las Vegas Raiders, Louisiana, Mohegan Sun, New York, Penn National, Planet Hollywood, Regulation, Seminole Tribe, Sports, Sports betting | 2 Comments

Atlantic City rebounds; Sibella dumped; NFL suspicions

Casinos in Atlantic City were up 2% in August, reaching $280 million. Slot winnings were 3% higher, on a commensurate increase in coin-in. The gambling halls weren’t so lucky at the tables, where 5% higher wagering translated into flat win. … Continue reading

Posted in Alaska, Animals, Atlantic City, Bally, BetMGM, Caesars Entertainment, DraftKings, Dubai, Fanatics, FanDuel, Genting, Golden Nugget, Hard Rock International, IGT, International, Internet gambling, Las Vegas Raiders, Law enforcement, MGM Resorts International, Mohegan Sun, Movies, Ocean Resort, Palms, Problem gambling, Regulation, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Mob, The Strip, Wall Street, Wynn Resorts | Comments Off on Atlantic City rebounds; Sibella dumped; NFL suspicions

MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi

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

Bellagio sold again; Atlantic City sob story; Trump busted

It’s getting very difficult to tell the players without a scorecard in the game of the REIT-ification of the Las Vegas Strip. Case in point, Bellagio, which now has three owners. There’s MGM Resorts International, which holds a token 5% … Continue reading

Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Churchill Downs, Donald Trump, Foxwoods, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Iowa, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Movies, Nebraska, New Jersey, Ocean Resort, Racinos, Real Estate, Regulation, Security, Slot routes, Sports betting, Taxes, Technology, The Strip | 1 Comment

Horseshoe can’t save Louisiana; Big Brother returns

Despite only grossing $7.5 million last month, Horseshoe Lake Charles was the difference between an unadjusted, 6% decline in gambling revenue for Louisiana and a same-store, 10% declivity (lagging prosperous 2019 by 4%). Even so, the country’s most adverse casino … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Detroit, DraftKings, FanDuel, Golden Nugget, Illitch Family, Internet gambling, Louisiana, Macau, MGM Resorts International, Michigan, Penn National, Politics, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Wynn Resorts | Comments Off on Horseshoe can’t save Louisiana; Big Brother returns

Gambling returns to normality; Boyd’s low-cost charity

Gambling revenues have been so overheated since the pandemic that some kind of market correction was overdue. The much-vaunted recession having failed to manifest itself, the gloom-and-doom crowd on Wall Street must content itself with small retreats in casino winnings. … Continue reading

Posted in Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., Cretins, DraftKings, Economy, FanDuel, Florida, Golden Nugget, Greenwood Racing, Hard Rock International, Hawaii, Health, Internet gambling, Las Vegas Sands, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Resort fees, Rush Street Gaming, Silverton, Sports betting, The Strip, Tribal, WInd Creek, Wynn Resorts | Comments Off on Gambling returns to normality; Boyd’s low-cost charity

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

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

Louisiana still sinking; Insult from the Lege; Japan follies

Horseshoe Lake Charles continues to prop up Louisiana casino revenues, which were down 2% last month compared to -6.5% if Horseshoe is subtracted. The statewide gross was $196 million. Visitation overall was up 3% but gamblers clutched their purse strings, … Continue reading

Posted in Apollo Management, Architecture, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, Golden Nugget, IGT, International, Internet gambling, Japan, Kansas, Lawrence Ho, Louisiana, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Politics, Rush Street Gaming, Sports betting, Station Casinos, Technology, The Strip, Tribal | Comments Off on Louisiana still sinking; Insult from the Lege; Japan follies

Atlantic City, Massachusetts up, Illinois down; Crime fails to pay

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

A big win for DeSantis; Churchill Downs fired; Mega-Jottings

Private-sector gambling operators got some very bad news from the District of Columbia Circuit of the U.S. Court of Appeals. The latter, in a very broad construal of the Indian Gaming Regulatory Act, ruled that the Seminole Tribe—and by implication, … Continue reading

Posted in Alex Meruelo, Arizona, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Dining, Donald Trump, DraftKings, Eldorado Resorts, Entertainment, FanDuel, Florida, Fontainebleau, Golden Nugget, Hard Rock International, Illinois, Internet gambling, Jack Entertainment, Marketing, MGM Resorts International, New Hampshire, New York, Ohio, Penn National, Pennsylvania, Politics, Real Estate, Regulation, Reno, Rush Street Gaming, Seminole Tribe, Sports betting, Technology, The Strip, Tribal, TV, Wynn Resorts | 1 Comment

All Atlantic City, all the time; Gone to the dogs; Mega-Jottings

Although terrestrial casino revenue dipped 2.5% last month, New Jersey casinos made out like bandits online, with i-gambling up 19% and sports betting leapt 33.5%. In Atlantic City the gross was $227 million at traditional casinos, as a sharp decline … Continue reading

Posted in Animals, Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Chicago, DraftKings, El Cortez, Election, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Movies, Nebraska, New York, North Carolina, Ocean Resort, Pennsylvania, PointsBet, Politics, Reno, Rhode Island, Rush Street Gaming, Slot routes, Sports betting, The Strip, Transportation, Tribal, Vermont, Vici Properties, Virginia, Wall Street, West Virginia, WInd Creek, Wynn Resorts | 3 Comments

Trop’s fate sealed; Massachusetts up, Louisiana down

Now that the fix is in for the Oakland Athletics to get a vanity stadium in Las Vegas, the bosses of the Tropicana Las Vegas are losing no time in getting what’s really important: Imploding the old girl. Of course, … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, DraftKings, Fanatics, FanDuel, Golden Nugget, Illinois, Louisiana, LVCVA, Massachusetts, MGM Resorts International, Penn National, PointsBet, Politics, Regulation, Sports betting, The Strip, Vici Properties, Wall Street, Wynn Resorts | Comments Off on Trop’s fate sealed; Massachusetts up, Louisiana down

Maryland droops; Boardwalk bulletin; Barstool blunder

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

Ohio cools a bit; On the Boardwalk; Regulatory fist-shaking

Casino revenues are finally cooling off around the country, later than Wall Street expected. Ohio was down 5% last month, reaching $204.5 million—yet still 28% higher than pre-Covid April 2019. So the sky is definitely not falling. Two racinos defied … Continue reading

Posted in Architecture, Arizona, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, Donald Trump, DraftKings, Economy, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Health, history, Hooters, International, Internet gambling, Jack Entertainment, Law enforcement, Louisiana, Massachusetts, MGM Resorts International, Ohio, Penn National, Sports, Sports betting, Tribal, Trump Entertainment Resorts | Comments Off on Ohio cools a bit; On the Boardwalk; Regulatory fist-shaking

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 | 1 Comment

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

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

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

Bally’s bombs twice over; Buffets (bad ones) return

What passes for entertainment at Bally’s Atlantic City continues to go over like a lead balloon with our man on the Boardwalk. Underwhelmed by the big second-quarter, tentpole event—a former Billy Joel backup singer—he notes acidly that nothing else is … Continue reading

Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, Canada, Chicago, Dining, DraftKings, Economy, Entertainment, FanDuel, Genting, Golden Nugget, Macau, Money laundering, New York, PointsBet, Regulation, Rush Street Gaming, Sports betting, Virginia, Wall Street, Wynn Resorts | 2 Comments

Caesars satisfies; Knee-Jerlecki response; Press-ed out

Wall Street analysts rolled over and lit a cigarette after hearing Caesars Entertainment‘s first-quarter earnings call. J.P. Morgan analyst Joseph Greff said the results were pretty much as expected “with Las Vegas Strip upside more (way more) than offsetting a … Continue reading

Posted in Atlantic City, Bally, Conventions, Dining, Economy, Golden Nugget, Health, Indiana, Louisiana, Mesquite, MGM Resorts International, Missouri, Mohegan Sun, Nebraska, Ocean Resort, Ohio, Pahrump, Penn National, Reno, Sports betting, The Strip, Tourism, Transportation, Virginia, Wall Street, Wendover | 3 Comments

Blame it on baccarat; Crime at Hard Rock; Dixie-dumb

The Great American Gambling Craze isn’t abating, although Las Vegas Strip revenues slipped 3% in March, down to $724.5 million. This was paradoxical, as it came in a month in which airline passenger loads into and out of Las Vegas … Continue reading

Posted in Atlantic City, Boulder Strip, Caesars Entertainment, Canada, Colony Capital, Dining, Donald Trump, Downtown, Entertainment, Environment, Golden Nugget, Hard Rock International, history, Illinois, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Macau, Mesquite, Mohegan Sun, Nevada, New Jersey, New York, North Las Vegas, Politics, Regulation, Reno, Rush Street Gaming, Sports, Sports betting, Taxes, Tennessee, The Strip, Tourism, Tribal, Wendover, WInd Creek | 1 Comment