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Category Archives: Golden Nugget
Atlantic City notes; MGM Singapore?; Mega-Jottings
Ocean Casino Resort has unveiled its pricey new sports book and our Atlantic City correspondent deems it nothing short of “spectacular! In the center is a circular bar, surrounded by TV screens. There is a set of steps (and elevator) … Continue reading
Posted in Arkansas, Atlantic City, Bally, Detroit, Dining, Entertainment, Genting, Golden Nugget, Hard Rock International, Illitch Family, Las Vegas Sands, Massachusetts, MGM Resorts International, Mohegan Sun, Nebraska, New York, Penn National, Racinos, Real Estate, Singapore, Sports betting, Technology, The Strip, Transportation, Tribal, Unite-Here, West Virginia, Wisconsin, Wynn Resorts
1 Comment
Strip perceives no inflation woe; Union sells out workers health
Truist Securities analyst Barry Jonas recently took a tour of Las Vegas‘ C-suites, meeting with executives of seven companies. He concluded that “Despite market sentiment, operators remain generally positive.” Both the Las Vegas Strip and the recently declining locals market … Continue reading
Posted in Atlantic City, Bally, Chicago, Conventions, Derek Stevens, Economy, G2E, Golden Nugget, Health, Internet gambling, Law enforcement, Missouri, Mohegan Sun, New Jersey, Regulation, Rhode Island, Slot routes, Sports betting, The Strip, Tourism, Unite-Here, United Kingdom, Wall Street
1 Comment
Strip carries Nevada; Atlantic City casinos play chicken
Nevada gambling revenues continued to climb in May, up 6% from last year, hitting $1.3 billion. The results were bifurcated, with tourist-dominated markets up and locals ones somewhat down. The Las Vegas Strip was the most obvious beneficiary, jumping 11.5% … Continue reading
Posted in Animals, Bally, Boulder Strip, Caesars Entertainment, California, Card rooms, Chicago, Churchill Downs, Downtown, Economy, Georgia, GLPI, Golden Nugget, Hard Rock International, Horseracing, Lake Tahoe, Laughlin, Law enforcement, Maryland, Mesquite, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Nevada, North Las Vegas, Ocean Resort, Real Estate, Regulation, Reno, Rhode Island, Sports betting, The Strip, Unite-Here, Wendover
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Massachusetts upbeat; Station defiant; Atlantic City stalemate
Casinos in the Bay State clocked $91 million in revenue last month, a 5% improvement on last year. Encore Boston Harbor led the tiny pack with $58 million, growing 9.5%. Next up was MGM Springfield, performing surprisingly well. It was … Continue reading
Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, California, Churchill Downs, Derek Stevens, Economy, Election, Galaxy Entertainment, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Mohegan Sun, North Carolina, Ocean Resort, Peninsula Pacific, Penn National, Politics, Regulation, Slot routes, Sports betting, Station Casinos, Tourism, Transportation, Tribal, Unite-Here, Wynn Resorts
1 Comment
Nasal amputation in Atlantic City; Goodbye, Hawaiian Marketplace
We’re back from vacation at last and pick up where we left: Atlantic City. The drop-dead date for contract talks (basically July 1, a full month past the expiry of the collective bargaining agreement) is drawing nigh and no progress … Continue reading
Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, Dining, Entertainment, FanDuel, Golden Nugget, Internet gambling, Kazuo Okada, Macau, Marketing, MGM Resorts International, Michigan, Pennsylvania, Philippines, Real Estate, Taxes, Technology, Texas, The Strip, Tilman Fertitta, Tribal, Unite-Here
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Atlantic City souvenirs
We’re feeling under the weather today, so we’re subletting S&G to our East Coast bureau. It reports that Harrah’s Philadelphia, a casino with all the charm of a warehouse, is looking to change its image. Coming later this month, it … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Entertainment, Golden Nugget, Ocean Resort, Pennsylvania
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Atlantic City prospers; Inflation vs. gaming: Which prevails?
Liar, liar, pants on fire. That’s what we say to Atlantic City casino executives who predict the coming of the Apocalypse is smoking is banned in their premises. First-quarter gross operating profits were up even by pre-pandemic standards, which hardly … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Canada, Conventions, Dan Lee, Detroit, DraftKings, Economy, Election, Gary Goett, Golden Nugget, Hard Rock International, Internet gambling, Iowa, Kansas, MGM Resorts International, Minnesota, Mohegan Sun, Nebraska, New York, Ocean Resort, Peninsula Pacific, Penn National, Philippines, Politics, Sports betting, Taxes, Technology, Tourism, Transportation, Tribal, Wall Street
1 Comment
Boardwalk bulletin
Our East Coast correspondent paid a midweek visit to Borgata and saw relatively few slot players (despite a very attractive slot floor, above) but three busloads of conventioneers. Seems that a conclave of prosecutors was being held at the MGM … Continue reading
Sands, NY Mets in cahoots; Raiders set to clobber Vegas bookies
Pay no attention to the men behind the curtain. There’s nothing wrong with the idea of a casino megaresort in the Willets Point area, near Citi Field. It’s far preferable to some of the other New York City sites that … Continue reading
Posted in AGA, Atlantic City, BetMGM, Boyd Gaming, Economy, Golden Nugget, Illinois, Internet gambling, Las Vegas Raiders, Las Vegas Sands, MGM Resorts International, Michael Gaughan, New York, North Carolina, Ocean Resort, Palms, Philippines, Politics, Sports, Sports betting, Station Casinos, Tribal, Westgate LV, Wisconsin
1 Comment
Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Atlantic City casinos leapt 17% from March 2021, grossing $216.5 million. Except for Tropicana Atlantic City, which was flat at $19 million, almost everyone posted relatively impressive gains. Borgata‘s $55 million (+18%) predictably topped the market, while Hard Rock Atlantic … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, California, Card rooms, Charity, Chicago, Derek Stevens, Gary Goett, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Neil Bluhm, Ocean Resort, Phil Ruffin, Politics, Problem gambling, Reno, Rush Street Gaming, Spectacle Entertainment, Sports betting, Technology, West Virginia
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Siegel’s Strip scheme; Tilman’s Rocky Mountain high
Siegel Group got a steal of a deal on the north Las Vegas Strip: 10 acres for $75 million. The vacant land used to be occupied, in part, by the La Concha Motel (pictured). It was also once destined for … Continue reading
Posted in Arkansas, Churchill Downs, Colorado, Dan Lee, Full House Resorts, Genting, Golden Nugget, Greenwood Racing, Health, history, Illinois, Indiana, Japan, Law enforcement, MGM Resorts International, New Jersey, New York, Pennsylvania, Politics, Real Estate, Spectacle Entertainment, Taxes, The Strip, Tilman Fertitta
2 Comments
Up and down the Boardwalk
Since we’re heavily engaged bringing the next issue of Casino Life Magazine into safely harbor, we’re reaching out to our East Coast bureau for another Atlantic City photo essay. Above, business looks pretty good at Hard Rock Atlantic City. Note … Continue reading
Posted in Atlantic City, Bally, Golden Nugget, Hard Rock International, Marketing, MGM Resorts International
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Atlantic City, Massachusetts make big gains; Hotel misery
Casino executives in Atlantic City continue to plead poverty (to a dwindling amen corner) when it comes to poisoning their employees with secondhand smoke. In the meantime, they’re pocketing business hand over fist. Last month saw a 43% catapult over … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, Environment, FanDuel, Golden Nugget, Hard Rock International, Health, Internet gambling, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, PointsBet, Sports betting, The Strip, Tilman Fertitta, Unite-Here, Wynn Resorts
2 Comments
Empire State greed; Brady betting brouhaha
Wow, inflation really is spiraling. When last we checked (i.e., yesterday), a New York City casino license was going for $500 million. However, if some state senators get their way, that not-inconsiderable price tag will rocket to $1 billion. According … Continue reading
Posted in Charity, Downtown, FanDuel, Genting, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, LVCVA, Marketing, MGM Resorts International, New Jersey, New York, Ocean Resort, Politics, Sports betting, Taxes, The Strip, Tony Hsieh, Transportation, West Virginia, Westgate LV, Wynn Resorts, Wyoming
1 Comment