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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Internet gambling
Boyd, Caesars express optimism; Atlantic City slows
Continuing JP Morgan‘s march through Las Vegas, senior analyst Joseph Greff met with Boyd Gaming CEO Keith Smith and CFO Josh Hirsberg. They seemed pleased, on the whole, marveling and the resilience of their customers, whose play was “amazingly consistent” … Continue reading
Posted in Arizona, Atlantic City, Australia, Boyd Gaming, Caesars Entertainment, Conventions, Cosmopolitan, Crown Resorts, Downtown, Economy, Golden Nugget, Hard Rock International, Hawaii, International, Internet gambling, Las Vegas Sands, Marketing, Massachusetts, MGM Resorts International, Mississippi, Ocean Resort, Penn National, Pennsylvania, Sports betting, The Strip, Transportation, Wall Street, Wynn Resorts
4 Comments
Competitive vitality in Pennsylvania; The politics of casinos
Pennsylvania was late to the casino-recovery party but it’s finally arrived, up 1% in July over 2019 for a gross of $310 million, of which $223 million was won at the slots. The good news may be short-lived, in that … Continue reading
Posted in Alex Meruelo, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Card rooms, Centaur Gaming, Churchill Downs, Cordish Co., Derek Stevens, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Greenwood Racing, Health, Indiana, Internet gambling, Japan, Law enforcement, Marketing, Michael Gaughan, Mohegan Sun, Nevada, Oklahoma, Oregon, Penn National, Pennsylvania, PointsBet, Politics, Regulation, Rush Street Gaming, South Korea, Spectacle Entertainment, Sports betting, Station Casinos, Tamares Group, Taxes, Texas, Tribal, TV, Wall Street, West Virginia, Wynn Resorts
1 Comment
Illinois springs to life while Ohio erupts; Mohegan Sun jilted twice over
Stop the presses! Illinois casinos actually outperformed 2019 last month by 4%. That’s downright miraculous. They grossed $120 million, led by Rivers Casino Des Plaines‘ $47.5 million, a 28% vault. Harrah’s Joliet was a distant second with $14.5 million (-1%), … Continue reading
Posted in AGA, Arizona, Arkansas, Bally, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, DraftKings, G2E, Genting, Greenwood Racing, Hard Rock International, Health, Illinois, Internet gambling, Jack Entertainment, Japan, MGM Resorts International, Michigan, Missouri, Mohegan Sun, New Jersey, New York, Ohio, Penn National, Sports betting, Steve Wynn, The Rio, The Strip, Tribal, Wynn Resorts
4 Comments
Open season in New York; Ohio, Missouri boom; Scientific baffles
Rather than face (well-deserved) impeachment, New York State Gov. Andrew Cuomo (D) resigned in disgrace today. Which happened to coincide with the disclosure of the companies which have applied to be online sports betting provider(s) for the Empire State. Cuomo’s … Continue reading
Posted in Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Florida, FoxBet, Genting, Golden Gaming, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Las Vegas Sands, Lotteries, MGM Resorts International, Missouri, New York, Ocean Resort, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Scientific Games, Seminole Tribe, Sexual misconduct, Slot routes, Sports betting, Wall Street, William Hill, Wynn Resorts
Comments Off on Open season in New York; Ohio, Missouri boom; Scientific baffles
Florida compact sneaks into effect; DraftKings buys out Fertitta
Secretary of the Interior Deb Haaland has jumped the shark. Her department has wisely-washily neither confirmed nor denied the controversial Seminole Tribe compact with the state of Florida, one that gives the Seminoles control over sports betting in the state. … Continue reading
Posted in Arizona, BetMGM, California, Culinary Union, DraftKings, FanDuel, Florida, Golden Nugget, Health, Internet gambling, Marketing, MGM Resorts International, New Jersey, New York, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe, Sports, Sports betting, Taxes, Texas, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts
1 Comment
Monster monopoly on the Strip?; Caesars wows Wall Street
In a deal that Nevada regulators would block if they had an ounce of spine, MGM Growth Properties proposes to sell itself to Vici Properties, which would put nearly all the prime land on the Las Vegas Strip under one … Continue reading
Posted in Atlantic City, Caesars Entertainment, Cirque du Soleil, CityCenter, Conventions, Dining, Illinois, Indiana, International, Internet gambling, Louisiana, Massachusetts, MGM Resorts International, Missouri, Nebraska, Politics, Real Estate, Regulation, Sports betting, Tennessee, The Rio, The Strip, Vici Properties, Wall Street, William Hill
1 Comment
Boyd beats The Street but charts cautious course
“Massive beat” and “exceptional” results were some of the terms being bandied about after yesterday’s Boyd Gaming 2Q21 earnings call. Wall Street expected $803 million in revenue and Boyd delivered $896.5 million, while profit margins at its Las Vegas locals … Continue reading
LV Sands overpromises, underdeliver; Court to Station: Unionize!
Shares of Las Vegas Sands traded down yesterday after the company missed its second-quarter estimates. Wall Street expected cash flow of $290.5 million and LVS delivered $244 million, a significant shortfall. (Mind you, Sands no longer reports earnings from Venelazzo.) … Continue reading
Posted in China, Culinary Union, Florida, Health, Internet gambling, Japan, Las Vegas Sands, Macau, Seminole Tribe, Singapore, Station Casinos, Texas, Tourism, Wall Street
1 Comment