Category Archives: Indiana

Warm breeze in Atlantic City; Indiana heats up

December brought an acceleration in most forms of New Jersey gambling revenue. Atlantic City casinos managed a 1.5% increase over the end of 2019 but sports betting revenue dropped 11% year/year, blamed on low hold. Sticking close to home, Internet … Continue reading

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., Crown Resorts, DraftKings, Entertainment, FanDuel, Full House Resorts, Golden Nugget, Hard Rock International, Indiana, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, New Jersey, New York, Ocean Resort, Peninsula Pacific, Penn National, PointsBet, Politics, Regulation, Rush Street Gaming, Sports betting, Taxes, Tribal, Virginia, Wynn Resorts | 2 Comments

Illinois slouches; Boyd, Churchill praised; DraftKings assessed

Not even Rivers Casino Des Plaines was spared the impact of Hard Rock Rockford, as the newbie helped take a 4.5% bite out of Rivers’ December casino revenues compared to 2019, for a Des Plaines gross of $43 million, still … Continue reading

Posted in Arizona, Bally, Boyd Gaming, Caesars Entertainment, California, Canada, Churchill Downs, Connecticut, Downtown Grand, DraftKings, Election, Florida, Full House Resorts, Hard Rock International, Health, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Las Vegas Sands, Louisiana, Maine, Maryland, Mattress Mack, MGM Resorts International, New York, Ohio, Penn National, Regulation, Singapore, Sports, Sports betting, Station Casinos, Taxes, Wall Street | Comments Off on Illinois slouches; Boyd, Churchill praised; DraftKings assessed

Meet the new National Harbor boss, same as the old boss

Maryland closed out 2021 hot, up 16% from 2019 with a gross of $173 million in December. As usual, MGM National Harbor was in the lead with $74.5 million. Maryland Live booked $62.5 million for a 20.5% gain and 36% … Continue reading

Posted in Alex Meruelo, Arizona, Atlantic City, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Dining, DraftKings, Economy, FanDuel, Golden Gaming, Health, Idaho, Indiana, Las Vegas Raiders, Louisiana, Macau, Marketing, Maryland, MGM Resorts International, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Penn National, Pennsylvania, Rush Street Gaming, Sahara, Sports, Sports betting, Taxes, Technology, Tennessee, The Strip, Tourism, Tribal, Wall Street, World Series of Poker | Comments Off on Meet the new National Harbor boss, same as the old boss

Fear and loathing in Chicago; All’s well in Macao; Tribe comes back from nonexistence

It wouldn’t be a fight for a Chicago casino if it weren’t down and dirty—and it is. Bally’s Corp. already sounds desperate, throwing a Hail Mary pass in the form of a report that rival bidders Rush Street Gaming and … Continue reading

Posted in Bally, Chicago, Donald Trump, Galaxy Entertainment, Hard Rock International, Indiana, Japan, Lake Tahoe, Las Vegas Sands, Law enforcement, Macau, Massachusetts, MGM Resorts International, Real Estate, Regulation, Resort fees, Rhode Island, Rush Street Gaming, Tribal, TV, Wynn Resorts | 2 Comments

If at first you don’t succeed … sue; Academy Awards odds posted

It’s a tried and true adage of American life that if you can’t get what you want fair and square, take it to court. Case in point: Full House Resorts. Having lost out on the Indiana Gaming Commission‘s selection of … Continue reading

Posted in Alabama, Bally, Chicago, Churchill Downs, Dan Lee, Election, Full House Resorts, Health, Indiana, International, Las Vegas Sands, Macau, Melco Resorts & Entertainment, Movies, Nebraska, Ohio, Politics, Racinos, Regulation, Sports betting, WInd Creek, Wynn Resorts | Comments Off on If at first you don’t succeed … sue; Academy Awards odds posted

Chicago dog-and-pony show; Raiders get punted by Covid

All three developers jockeying for a Chicago casino trotted out their proposals Thursday “replete with soaring promises of economic jolts, job creation and jackpots for the city’s future casino tax revenue coffers, which are earmarked for its depleted police and … Continue reading

Posted in Architecture, Atlantic City, Bally, Chicago, Florida, Hard Rock International, Health, Illinois, Indiana, Las Vegas Raiders, New York, Ohio, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Taxes | 1 Comment

Hard Rock, Caesars grapple; Trouble at Topgolf LV

There’s a battle royal in Indiana between Hard Rock Gary and Horseshoe Hammond. But before we get to that, let it be noted that—despite one less weekend than 2019—casino revenues were up 9.5% to $195 million. The two main combatants … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Indiana, Missouri, Penn National, PointsBet, Rush Street Gaming, Sexual misconduct, The Strip | 1 Comment

Cordish cashes in; Scare tactics in Atlantic City; Illinois slumps

Succumbing to the siren song of REITmania, Cordish Gaming has sold the real estate of three of its casinos to Gaming & Leisure Properties Inc. for a grand total of $1.8 billion. The affected casinos are Philadelphia Live, Pittsburgh Live … Continue reading

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Cordish Co., DraftKings, GLPI, Golden Nugget, Hard Rock International, Illinois, Indiana, Louisiana, Maryland, Missouri, Ohio, Penn National, Pennsylvania, Politics, Real Estate, Sports betting, Taxes, The Strip, Wall Street | 2 Comments

Atlantic City still booming; Churchill Downs wins in Terre Haute

It was another bonanza month for the Boardwalk, as casinos grossed $237.5 million in October, 17% above 2019. Slot win was up 22% on 19% more coin-in and tables won 6% on 9% higher wagering and despite lower hold. Borgata … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, FanDuel, FoxBet, Full House Resorts, Golden Nugget, Greenwood Racing, Hard Rock International, Indiana, International, MGM Resorts International, Mohegan Sun, Money laundering, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sports betting, Tribal, Wall Street | 1 Comment

Wynn spits out SPAC; Penn slammed; Indiana impresses

Headlines are still being made by Wynn Resorts this week. Shockwaves continue to reverberate from CEO Matt Maddox‘s surprise retirement, nearly one year ahead of schedule. His departure comes at a delicate point in negotiations with Macao (or should we … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., DraftKings, Drugs, Entertainment, FanDuel, Fontainebleau, Full House Resorts, Golden Gaming, Hard Rock International, Indiana, International, Internet gambling, Macau, Marketing, New York, Penn National, Pennsylvania, PointsBet, Sports betting, Station Casinos, Tribal, TV, Wall Street, Wynn Resorts | 2 Comments

Chicago: Then there were five (?); LV Sands huddles with NY Mets

Or is it three? In the end, Chicago Mayor Lori Lightfoot (D) drew one heavyweight contender for the Windy City casino and a pair of middleweights. Two of the applicants made parlay bids, so the city could crow that it … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Caesars Entertainment, Churchill Downs, Cretins, DraftKings, Election, FanDuel, Florida, Genting, Hard Rock International, Illinois, Indiana, Las Vegas Sands, Law enforcement, Louisiana, MGM Resorts International, Neil Bluhm, New Hampshire, New York, Peninsula Pacific, Penn National, Pennsylvania, Rush Street Gaming, Sheldon Adelson, Sports betting, Tennessee, Texas, Virginia, Wynn Resorts | 1 Comment

Rockin’ hard; Miller gives anti-smokers hope; Packer’s wrist slapped

Hard Rock International CEO Jim Allen (left) is bullish on the New York City market, if not downright aggressive. In maybe the highlight to come out of the East Coast Gaming Congress, Allen asserted his company’s interest in a New … Continue reading

Posted in AGA, Animals, Atlantic City, Australia, Caesars Entertainment, China, Crown Resorts, Election, Genting, Golden Gaming, Greenwood Racing, Hard Rock International, Health, Illinois, Indiana, James Packer, Kentucky, Laughlin, Law enforcement, Lotteries, Maryland, MGM Resorts International, Money laundering, Nevada, New Jersey, New York, Pahrump, Pennsylvania, Politics, Regulation, Scientific Games, Slot routes, Sports betting, Taxes, The Crown 18, Tribal, Wall Street | 1 Comment

DraftKings, MGM play chicken, MGM wins; Highway robbery in N.Y.

As we’ve written elsewhere, this was supposed to be The Year of Sports Betting … before the Covid-19 Delta variant reared its ugly head (and that was before Coronavirus knocked us out of Global Gaming Expo). But sports betting could … Continue reading

Posted in Alaska, Bally, DraftKings, Economy, Georgia, Illinois, Indiana, Las Vegas Sands, Louisiana, MGM Resorts International, New York, Politics, Slot routes, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 1 Comment

Indiana wins big, Missouri too; Pennsylvania guv blows smoke

While the American economy overall may be a disappointment for some, Big Gaming has nothing of which to complain. Indiana is coming off another bully month, up 16% from 2019, for an overall gross of $201 million, driven in no … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Dining, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Health, Indiana, Internet gambling, MGM Resorts International, Missouri, Movies, Nevada, Penn National, Politics, Sports, Sports betting, Technology, Tribal | 3 Comments

Mega-jottings for the weekend

It didn’t take Blackstone Group long to start spending the ‘mad money’ it got for selling The Cosmopolitan of Las Vegas. It plunked down $305 million for all 15 hotels owned by Condor Hospitality Trust. Dare we suggest that Blackstone … Continue reading

Posted in Churchill Downs, Connecticut, Cosmopolitan, Foxwoods, Full House Resorts, Illinois, Indiana, Kentucky, Mohegan Sun, Movies, Real Estate, Resorts World LV, Société des Bains de Mer, Spectacle Entertainment, Sports betting | Comments Off on Mega-jottings for the weekend

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

Cosmo finds pigeons; Scientific sheds sports betting

Reflecting the irrational exuberance surrounding the Las Vegas Strip, it’s a done deal at The Cosmopolitan of Las Vegas. The $3.9 billion resort’s physical assets sold for $4 billion, albeit to a cloudy “group of buyers that includes a Blackstone … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, China, Churchill Downs, Colorado, Cosmopolitan, Donald Trump, DraftKings, Environment, Florida, Full House Resorts, Hard Rock International, Health, Indiana, Lotteries, Louisiana, Macau, Marketing, MGM Resorts International, Pennsylvania, Real Estate, Rush Street Gaming, Scientific Games, Seminole Tribe, Sports, Sports betting, Tennessee, The Strip, Tourism, Wall Street, Wynn Resorts | Comments Off on Cosmo finds pigeons; Scientific sheds sports betting

Balmy August in Indiana; The coming crisis in Vegas; MGM talks up prospects

There are signs that the regional gaming recovery is cooling (Missouri was up just 1% last month) but Indiana‘s August numbers, while not as hot as July’s, were a balmy 10% higher than 2019 as casinos grossed $203 million. Horseshoe … Continue reading

Posted in Arizona, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Conventions, Cosmopolitan, Downtown, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Hard Rock International, Health, Indiana, Internet gambling, Japan, Las Vegas Sands, Louisiana, Macau, Marketing, MGM Resorts International, Mississippi, Missouri, New York, Peninsula Pacific, Penn National, Pennsylvania, Philippines, Politics, Regulation, Resorts World LV, Sports betting, Technology, Tourism, Tribal, Wall Street, William Hill, Wynn Resorts | 3 Comments

Further growth projected for Vegas; Arizona sports betting upheld

As we await tomorrow’s reopening of Main Street Station, a set of projections comes from Deutsche Bank analyst Carlo Santarelli that should have Las Vegas casino owners rubbing their hands with glee. Mind you, Santarelli might be erring on the … Continue reading

Posted in Arizona, Boyd Gaming, Cosmopolitan, Economy, El Cortez, Indiana, Las Vegas Raiders, Louisiana, Michael Gaughan, Missouri, Ohio, Sports, Sports betting, The Strip, Tribal, Wall Street | 3 Comments

Cosmopolitan drinks its own bathwater

Late yesterday Bloomberg broke the news that Blackstone Inc. is shopping The Cosmopolitan of Las Vegas … for a $5 billion minimum price. What’s even more incredible is that apparently it has suckers, er, corporations already on the hook. Why … Continue reading

Posted in Caesars Entertainment, CityCenter, Cosmopolitan, DraftKings, Golden Nugget, Indiana, Japan, Las Vegas Sands, Law enforcement, MGM Resorts International, Missouri, Penn National, Politics, Real Estate, Resorts World LV, Slot routes, The Strip, Tilman Fertitta, Tribal | 2 Comments