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Category Archives: Health
Stitt catches a break; Station, Gaughan step up to the plate
Did the government of Oklahoma screw up the exclusivity agreement that gave it power over tribal gambling? That’s the contention of a new legal brief from the Wichita and Affiliated Tribes, who say that the recent expansion of lottery offerings … Continue reading
Posted in Boyd Gaming, Charity, Dan Gilbert, Downtown, Genting, Golden Gaming, Health, International, Internet gambling, Lotteries, MGM Resorts International, Michael Gaughan, Ohio, Oklahoma, Sahara, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta, Tribal, William Hill
1 Comment
The cost of not doing business
Saying “This is not the time to look for loopholes,” Nevada Gov. Steve Sisolak (D) doubled down on his quarantine order, threatening nonessential business that remain in business in defiance of his directive (and there have been some) to close … Continue reading
Posted in Boyd Gaming, Churchill Downs, Cirque du Soleil, Dining, Downtown, DraftKings, Economy, Election, Entertainment, Florida, Golden Gaming, Health, Internet gambling, Las Vegas Sands, Macau, Penn National, Pennsylvania, Seminole Tribe, Station Casinos, TV, Wall Street, Wynn Resorts
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Where do we go from here?
In the process of canceling its 2020 earnings guidance, Marriott International gave some oblique insight into how the casino industry is likely to cope with the Coronavirus quarantine. Occupancy, it said, had fallen to 25%, compared to 70% last year. … Continue reading
Posted in AGA, Alabama, Baseball, Boyd Gaming, Caesars Entertainment, Carl Icahn, Charity, Economy, Health, Illinois, Indiana, International, Internet gambling, Iowa, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Movies, Oregon, Penn National, Real Estate, Regulation, Sahara, Sheldon Adelson, Slot routes, South Korea, Sports, Sports betting, The Strip, Tribal, Wall Street, Wynn Resorts
1 Comment
Life after casinos; Sheldon is george
“The situation continues to evolve and will escalate rapidly and dramatically. These are unprecedented actions in an extraordinary situation, but they could be the difference in saving lives and keeping people safe.” So said Maryland Gov. Larry Hogan (R) on Sunday, … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, California, China, Cordish Co., e-sports, Economy, Entertainment, Foxwoods, Health, Horseracing, Internet gambling, Las Vegas Sands, Maryland, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, Nevada, Oklahoma, Pennsylvania, Politics, Rush Street Gaming, Sheldon Adelson, Sports, Sports betting, The Strip, Tourism, Tribal, TV, Wisconsin
1 Comment
Quote of the Day
“All the news reporting, all the conversation about this, is really helping. It’s so much less stigmatized.”—Justin Cicero, father of a Seattle Coronavirus victim. His child, happy to report, recovered.
Posted in Health, Washington State
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Tarnished Golden; Exec blasts Japan
Golden Gaming was coming off a strong 4Q19: Net revenues at its Nevada casinos were 24% higher, to $134 million, and its slot routes were up 4.5% to $73 million. However, JP Morgan analyst Joseph Greff warned investors to “stay … Continue reading
Posted in Arizona, Economy, Golden Gaming, Health, Horseracing, Japan, Massachusetts, Missouri, Nevada, Penn National, Pennsylvania, Politics, Racinos, Real Estate, Singapore, Slot routes, The Strip, Tribal, Wall Street
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Tough times return to Atlantic City; KY Derby delayed
As we saw earlier today, Las Vegas and Reno are pretty badly screwed for at least the next month. What about perennial problem child/comeback kid Atlantic City? Just when it’s back on its feet and roaring again, along comes Coronavirus … Continue reading
Posted in AGA, Atlantic City, California, Dining, Economy, Election, Health, Horseracing, Internet gambling, Kentucky, Macau, Maryland, MGM Resorts International, New York, North Carolina, Regulation, South Carolina, Sports betting, Taxes, Tilman Fertitta, Tourism, Tribal, TV, Wall Street, Washington State
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Las Vegas is closed
America‘s favorite 24-hour town has finally caved to the inevitable and done what neither Sept. 11 nor the Great Recession made it do. It has turned out the lights and hung the “Closed for business” sign in the window. Finally … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, Canada, Cosmopolitan, Culinary Union, Dining, Downtown, Economy, Election, Golden Gaming, Health, Illinois, Las Vegas Sands, MGM Resorts International, Nevada, Phil Ruffin, Real Estate, Regulation, Station Casinos, Steve Wynn, The Strip, Tourism, Transportation, Wall Street, Wynn Resorts
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Turnaround in Springfield; Coping with Covid-19
Although it seems supremely beside the point at this grave moment, it’s time to report February’s gaming-revenue numbers from Massachusetts. Casinos in the state grossed some $86 million, with $52.5 million of that made at Encore Boston Harbor, with 61% … Continue reading
Posted in Australia, California, Canada, Crown Resorts, Eldorado Resorts, Entertainment, Health, Horseracing, International, Macau, Maryland, Massachusetts, MGM Resorts International, Ohio, Penn National, Philippines, Regulation, Reno, Tourism, Tribal, Wynn Resorts
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Darkness at noon
Casino dominos continue to topple. The Cosmopolitan of Las Vegas is the latest Las Vegas Strip casino to close thanks to Covid-19, “temporarily.” (Well, none of the closures has been permanent but there are different degrees of temporary-ness, MGM Resorts … Continue reading
Posted in Alabama, Atlantic City, Caesars Entertainment, Connecticut, Cosmopolitan, Detroit, Dining, Foxwoods, Health, Las Vegas Raiders, Las Vegas Sands, Louisiana, Massachusetts, MGM Resorts International, Michigan, Mississippi, Mohegan Sun, New Jersey, New York, Penn National, Sports, The Strip, Tribal
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Quote of the Day
“We live in a divided world right now—we can all feel it. It’s been bullshit. But now is the time for solidarity, now is the time for thinking about each other.”—Idris Elba, actor and all-around cool guy, who just tested … Continue reading
Casino closures sweep the country
We’re all going through what are called “adjustment reactions,” including casino executives across the country. They’d like to stay open for business—many are—but others are being forced to close or making the difficult choice to go dark on their own. … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Conventions, Cordish Co., Derek Stevens, Downtown, e-sports, Economy, Eldorado Resorts, Health, IGT, Illinois, Indiana, Las Vegas Sands, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, New York, Ohio, Pennsylvania, Scientific Games, Sports, Station Casinos, The Strip, Wall Street, Wynn Resorts
1 Comment
Quote of the Day
“We’re not trying to come up with long-term plans to stop the pandemic. What we are doing now is trying to stop it from destroying us.”—Harvard Center for Communicable Disease Dynamics Associate Professor of Epidemiology Bill Hanage on Coronavirus.
Posted in Health
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A silver lining for gaming?
by Jeff Goldberg, guest contributor With each passing day, if not hour, Covid-19 overwhelms another entertainment institution—including sports. By Thursday afternoon, three major American sports leagues—NBA, NHL and Major League Baseball—had all suspended their seasons. The NCAA March Madness tournament … Continue reading
Posted in California, Health, Internet gambling, Marketing, New York, Sports
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Quote of the Day
“This is a very contagious virus. It’s incredible. But it’s something that we have tremendous control of.”—Donald Trump
Posted in Donald Trump, Health
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Crisis mode hits Las Vegas
Our country is still trying to grasp the ramifications of Coronavirus, as Broadway goes dark, Disneyland and Disneyworld are closed, The Masters and Boston Marathon are postponed, and cancellations of sporting and cultural events (here and abroad) comprise a list longer … Continue reading
Trump a public menace … Trump Plaza, that is
Carl Icahn clings to dilapidated Trump Plaza like a child to a favorite toy. But he may be forced to face reality whether he likes it or not. It’s ‘Look out below’ for pedestrians passing the corpse of the casino, … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Detroit, Economy, Eldorado Resorts, FanDuel, Hard Rock International, Health, Internet gambling, Las Vegas Sands, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, New Jersey, Ocean Resort, Penn National, Sports, Sports betting, The Strip, Tilman Fertitta, Wynn Resorts
3 Comments
Quote of the Day
“This is bad. The worst and fastest stock market correction in our career. The economy is doomed to recession if the country stops working and takes the next 30 days off. The stock market knows it.”—MUFG Union Chief Economist Chris Rupkey, … Continue reading
Posted in Current, Economy, Health, Wall Street
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Bad news for Golden Knights, MGM; Lady Gaga honored
T-Mobile Arena is going to be a lot quieter now that the National Hockey League has suspended its season indefinitely. It is leaving the door open to eventual resumption of play, asking constituent arenas to keep ice time available through … Continue reading
Posted in Animals, Donald Trump, Election, Entertainment, Health, MGM Resorts International, Sports, The Strip, Tourism
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Las Vegas slides toward crisis as market tanks
Coronavirus having been officially been declared a pandemic by the World Health Organization, it was only a matter of time before the impact hit Las Vegas. Not much time, either. Late yesterday, the National Association of Broadcasters pulled the plug … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, California, Conventions, DFS, Donald Trump, Economy, Eldorado Resorts, Health, International, Las Vegas Sands, Melco Resorts & Entertainment, MGM Resorts International, New York, Sheldon Adelson, South Korea, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tourism, Twin River, Wall Street, Wynn Resorts
3 Comments
