Category Archives: Health

Tex Adelson rides again

Fresh from trying to afflict the country with another four years of Donald Trump, mega-mogul Sheldon Adelson is turning his eyes upon Texas. He’s readying a crack team of lobbyists, including Karen Rove, to descend upon the Lege when it … Continue reading

Posted in AGA, Atlantic City, Boulder Strip, Cosmopolitan, Economy, Election, Florida, Hard Rock International, Health, Horseracing, International, Japan, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Marijuana, New York, Politics, Sheldon Adelson, Taxes, Texas, Tilman Fertitta, Tribal | 2 Comments

State of Misery

Missouri was indeed the State of Misery last month, as casino win plummeted 18.5% to $118 million. Penn National Gaming casinos bore the brunt, plunging 27%. Overall, slot revenues of $102 million were down 17.5% while table win of $16 … Continue reading

Posted in AGA, Boyd Gaming, Caesars Entertainment, Economy, Full House Resorts, Health, Indiana, Missouri, Penn National, Politics, Sports, Sports betting, Tony Hsieh, Twin River, Wall Street | 1 Comment

Palazzo closes; iGaming here to stay

There’s no room at the inn at Palazzo. Not permanently. But it’s not a good sign for a Las Vegas Strip whose room rates are bumping along the bottom, even during New Year’s Eve weekend. As Las Vegas Sands said, … Continue reading

Posted in AGA, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, Colorado, DraftKings, Economy, FanDuel, Hard Rock International, Health, Iowa, Las Vegas Raiders, Las Vegas Sands, Louisiana, Mohegan Sun, Nevada, New Jersey, New Mexico, Ohio, Oregon, Penn National, Pennsylvania, Politics, Sheldon Adelson, South Dakota, Sports, Sports betting, The Rio, The Strip, Tourism | 1 Comment

End of the honeymoon; Virgin Hotel clings to virginity

Gaming revenue dropped last month in Maryland and precipitously so in Ohio, where the good times had really been rolling. Maryland’s $130.5 million gross represented a 7.5% dip, motivating JP Morgan analyst Joseph Greff to write that “We note the … Continue reading

Posted in AGA, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Dan Gilbert, Detroit, Economy, Golden Gaming, Hard Rock International, Health, Las Vegas Raiders, Maryland, MGM Resorts International, Ohio, Penn National, Pennsylvania, Sports, Sports betting, Virgin Hotels, Wall Street, West Virginia | 1 Comment

Wall Street crowns DraftKings; Hsieh: Grey Goose vs. cold turkey

Credit Suisse analyst Ben Chaiken is initiating coverage of DraftKings but not getting carried away. He’s put a “neutral” rating on the heavily hyped stock, with a $48 price target that mirrors its recent trading range. “We believe there is … Continue reading

Posted in Barstool Sports, Caesars Entertainment, California, China, Colorado, Culinary Union, DFS, DraftKings, e-sports, FanDuel, Health, Illinois, Indiana, Internet gambling, Marketing, New Jersey, Pennsylvania, Politics, Prostitution, Tony Hsieh, Tourism, Tribal, Wall Street, William Hill | Comments Off on Wall Street crowns DraftKings; Hsieh: Grey Goose vs. cold turkey

Quote of the Day

“I’m just astounded by the dysfunction, the willingness to just stay the course as hundreds of thousands of people die, and the unwillingness to innovate in literally any way. I’ve realized that when we need to rise up as a … Continue reading

Posted in Current, Health | 1 Comment

The empty city and other sad news

Politico took a trip to Atlantic City and found a “city without a pulse,” its Boardwalk “empty,” its casinos “limping.” One out of every three Atlantic citizens remains without a job, not surprising when casinos can only operate at reduced … Continue reading

Posted in Atlantic City, Dining, Economy, Health, International, Internet gambling, Mohegan Sun, Politics, South Korea, Sports betting, Tourism, TV, Wall Street | 3 Comments

Sports betting accelerates but NFL oddsmakers baffled

If it weren’t for Coronavirus, this year’s top story in gaming would undoubtedly be the rapid spread and runaway popularity of sports betting. Case in point, Colorado‘s $211 million October handle. The continuing climb in wagering is notable in that … Continue reading

Posted in Barstool Sports, Colorado, DraftKings, FanDuel, Genting, Health, Las Vegas Raiders, Michigan, New York, Sports, Sports betting, Taxes | Comments Off on Sports betting accelerates but NFL oddsmakers baffled

Quote of the Day

“[During World War II], people back home collected rubber and bacon grease for years, gave up countless liberties and luxuries, and no one ever called the war a hoax, even if they never saw a Nazi in their backyard. We’re … Continue reading

Posted in Current, Health, history | 1 Comment

A tale of two Nevadas

October was a tale of two Nevadas, one of which (the north) did quite well whilst the other did not. Gaming revenue statewide was down 19.5%, with the Las Vegas Strip acting as a drag anchor, minus 30% at $375 … Continue reading

Posted in Atlantic City, Australia, Boulder Strip, Caesars Entertainment, Crown Resorts, Downtown, Economy, Elaine Wynn, Entertainment, Golden Gaming, Health, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, Nevada, North Las Vegas, Palms, Real Estate, Reno, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Strip, Wendover, Westgate LV, Wynn Resorts | 4 Comments

Biden, vaccine give tourism hope; Cirque du Soleil in crisis

With as many as three Covid-19 vaccines on the way (Pfizer‘s seems to be the favorite horse in the race) and a new presidency two months away, things are looking up, according to people in the tourism industry. “I honestly … Continue reading

Posted in Cirque du Soleil, Donald Trump, Economy, Elaine Wynn, Election, Entertainment, Health, MGM Resorts International, Problem gambling, Regulation, Steve Wynn, Technology, The Strip, Tourism, Wynn Resorts | 3 Comments

New rules, green shoots on the Strip; Mixed messages in Michigan

Casinos in Nevada will take a gut punch tomorrow when new state restrictions go into effect. They’ll have to reduce players on the floor to 25% of capacity, and the same holds true for bars and restaurants. Citing “wildfire” levels … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, California, Colorado, Cordish Co., Detroit, DraftKings, Entertainment, FanDuel, Golden Nugget, Health, Illinois, Internet gambling, Las Vegas Sands, Macau, MGM Resorts International, Michigan, Nevada, New Mexico, New York, Oregon, Pennsylvania, Sports betting, The Strip, Tribal, Wynn Resorts | 1 Comment

Boxing returns to MGM

Posted in Charity, Current, Health, Sports, Sports betting | Comments Off on Boxing returns to MGM

Vegas recovery a Mirage; Illinois closes … again

More from the Too Much, Too Soon? file: MGM Resorts International, despite its long pause in reopening The Mirage has evidently decided it jumped the gun. Hotel rooms there and at Mandalay Bay will be closed Mondays-Thursdays through December at … Continue reading

Posted in Caesars Entertainment, Cretins, Culinary Union, Dining, Economy, Environment, Health, history, Illinois, Las Vegas Sands, MGM Resorts International, Nevada, New Mexico, New York, Sahara, Sam Nazarian, Sheldon Adelson, Tamares Group, Technology, The Rio, The Strip, Tourism, Transportation, Tribal | 1 Comment

Uneasy lies the head that wears Crown; IGT’s cautious future

Executives at Crown Resorts had better rethink that scheme to buy Sheldon Adelson‘s Las Vegas assets. The company, which has played fast and loose with money-laundering rules, has been provisionally denied permission to open its multibillion-dollar casino in Sydney. Regulators … Continue reading

Posted in Atlantic City, Australia, Cretins, Crown Resorts, Health, IGT, Las Vegas Sands, Lotteries, Money laundering, New Jersey, Ohio, Regulation, South Dakota, Sports betting, Taxes, Wall Street | 3 Comments

Sports betting salvages Pennsylvania

An extra weekend notwithstanding, Pennsylvania casinos were down 16% last month. They grossed $218 million, with $155 million of that coming from the slots (-17%). Table games held their ground better, off 13% for $63 million. Sports betting chipped in … Continue reading

Posted in Barstool Sports, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, FanDuel, Greenwood Racing, Health, Internet gambling, Mohegan Sun, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Taxes, Tribal, Wall Street | Comments Off on Sports betting salvages Pennsylvania

Sports betting boffo in Illinois; Structural shift at Churchill Downs

Illinois gamblers can’t seem to find their way to a casino nowadays—but they love themselves some sports betting. The state has reached $300 million in handle faster than any in U.S. history—$305 million and change during September. “Illinois’ launch in … Continue reading

Posted in Boyd Gaming, Churchill Downs, DraftKings, FanDuel, Health, Horseracing, Illinois, Internet gambling, Kentucky, Massachusetts, MGM Resorts International, New Jersey, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Wall Street, Wynn Resorts | Comments Off on Sports betting boffo in Illinois; Structural shift at Churchill Downs

Cirque sacrifies “Zumanity”; Gaming recovery vs. Covid

Covid-19 has claimed its first Cirque du Soleil casualty. Zumanity has gone permanently dark at New York-New York. We’ll miss the sexually charged show, which logged 7,700 performances in 17 (!) years. “We’re grateful to the cast, crew and team … Continue reading

Posted in AGA, Arkansas, California, Cirque du Soleil, Derek Stevens, Economy, Entertainment, Health, Internet gambling, MGM Resorts International, Mississippi, Ohio, Pennsylvania, South Dakota, Sports, Sports betting, The Strip, Tourism, Transportation | 1 Comment

Quote of the Day

“The only way this stops is if people rise up. You get what you accept.”—neuroradiologist and White House Covid czar Scott Atlas, encouraging resistance to anti-viral restrictions in Michigan, where cases are through the roof. (Casinos there close tomorrow.)

Posted in Cretins, Health, Michigan | 1 Comment

Horseplay in Massachusetts and Monday mega-jottings

At age 86, horse owner Armand Janjigian is as alive and kicking as the thoroughbreds he wants to race in Massachusetts. No, he doesn’t have a track but he’s busily snapping up land for one. He’s also going to need … Continue reading

Posted in California, Card rooms, Churchill Downs, Crown Resorts, Detroit, DFS, DraftKings, Economy, Election, FanDuel, Galaxy Entertainment, Golden Nugget, Health, Horseracing, Illinois, International, Japan, Las Vegas Raiders, Las Vegas Sands, Lotteries, Macau, Massachusetts, MGM Resorts International, Nebraska, New York, Penn National, Politics, Racinos, Regulation, Scientific Games, Sports, Sports betting, Taxes, The Strip, Tourism, Wall Street, Wynn Resorts | 2 Comments