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Category Archives: Las Vegas Sands
Encore Boston reopens and other good news
“It put a big smile on my face,” customer Marcia Hamilton said of Encore Boston Harbor‘s reopening last Sunday. We’ll have to take the smile on faith because employees and customers alike are required to wear PPE masks. Still, Encore … Continue reading
This just in …
Global Gaming Expo, the biggest American gaming trade show and one of the three premier such conventions in the world (the others are in London and Macao) is toast. American Gaming Association President Bill Miller just announced the cancellation of … Continue reading
Posted in AGA, G2E, Health, Las Vegas Sands
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Case Bets
Rather than have a Vegas-only policy, MGM Resorts International has chosen to make face masks mandatory for customers at all its properties nationwide. It might cost them a little bit of business but it’s the right thing to do. This … Continue reading
Notes from hither and yon
In an effort to stay ahead of Coronavirus, resorts in Las Vegas are bringing back a chilled-out version of the traditional pool party. Some will require reservations for admission, and non-guests will have to book daybeds and cabañas. Out: DJs. … Continue reading
‘Net bets carry Atlantic City; Clubs face crisis
Internet casinos are in New Jersey to stay. They grossed $86 million last month, their highest amount ever. That’s 135% more than a year ago. Golden Nugget was tops with $29 million, followed by Resorts Digital ($18 million) and Borgata … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Downtown, DraftKings, Economy, Entertainment, Florida, Golden Nugget, Health, Horseracing, International, Internet gambling, Las Vegas Sands, LVCVA, MGM Resorts International, Mississippi, Morris Bailey, New Jersey, New York, Ohio, Resorts World LV, Seminole Tribe, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Wynn Resorts
2 Comments
MGM changes mind on Aria; No appetite for deals?
Having told its entire Aria staff to look for new jobs, MGM Resorts International finds itself in the position of saying, “Never mind.” In an interview last weekend, CEO Bill Hornbuckle floated the possibility of reopening Aria by July 4, followed … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, CityCenter, Conventions, Current, Derek Stevens, Dining, Downtown, Economy, Election, Entertainment, Hawaii, Health, Las Vegas Sands, Law enforcement, LVCVA, Marketing, Massachusetts, MGM Resorts International, Money laundering, Resort fees, Sahara, Singapore, Sports, Sports betting, Station Casinos, Terry Caudill, The Rio, The Strip, Tourism, Tribal, TV, Virginia, Wall Street
1 Comment
Station reopens bullishly; Who was that masked man, anyway?
On the eve of today’s reopening, Station Casinos hosted a conference call with JP Morgan analysts and was pretty darn confident that its base of Baby Boomers and retirees would flock back. So confident is that Station “has not been … Continue reading
Posted in Australia, Caesars Entertainment, Cirque du Soleil, Crown Resorts, Derek Stevens, Downtown, Entertainment, Health, Las Vegas Sands, Marketing, MGM Resorts International, Palms, Planet Hollywood, Real Estate, Resort fees, Station Casinos, Steven Witkoff, Tamares Group, Terry Caudill, The Rio, The Strip, Tourism, Wall Street
3 Comments
Nevada casinos to reopen; Ruffin stiffs workforce
Pending a decline in Coronavirus cases over this past weekend, Nevada Gov. Steve Sisolak (D) is expected to announce a reopening of Silver State casinos, effective June 4, which should give them time to get their paperwork filed with the … Continue reading
New cop on the beat; Are we ready for some football?
There’s a new sheriff in town. Credit Suisse analyst Benjamin Chaiken made his debut today, issuing a sweeping series of reports, covering a number of tourism sectors. Let’s cut to the chase: “This is an unprecedented time for the sector, … Continue reading
Boyd comes clean; Penn Nat’l “upbeat”
“Boyd Clean” has been unveiled by eponymous Boyd Gaming and while nothing in it will come as a shock, it shows the company has been closely following what other companies are doing in terms of safety precautions. You’ll receive a … Continue reading
Posted in Boyd Gaming, Cosmopolitan, Dining, Economy, FanDuel, Health, Illinois, Las Vegas Sands, Macau, Maine, Marketing, Maryland, Massachusetts, MGM Resorts International, Mississippi, Missouri, Ohio, Penn National, Politics, Regulation, Resort fees, Sports betting, Wall Street
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Quote of the Day
“While my positive feelings for Japan are undiminished, and I believe the country would benefit from the business and leisure tourism generated by an integrated resort, the framework around the development of an IR has made our goals there unreachable. We … Continue reading
Posted in Japan, Las Vegas Sands, Regulation, Sheldon Adelson
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July resumption for Mass casinos; Room rates rebound
Casinos in Massachusetts now know when they can reopen … more or less. Gov. Charlie Baker (R) has laid out of one of the toughest reopening regimens in the U.S. It will proceed in four phases, each phase—beginning today—lasting three weeks. … Continue reading
Posted in Caesars Entertainment, California, Derek Stevens, Downtown, Economy, Entertainment, Health, Las Vegas Sands, Massachusetts, MGM Resorts International, Oscar Goodman, Penn National, Politics, Real Estate, Regulation, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts
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Rodio steps up; A kinder, gentler restart
Unlike some leaders in our federal government, Caesars Entertainment CEO Anthony Rodio has the stones to be seen wearing a health mask in public, as he does in a new video message to Caesars customers. Without going into the exhaustive … Continue reading
Internet gambling hits Jersey high; Hard Rock back to Vegas
April was the worst of months and best of months for New Jersey. Sports books are estimated to have lost out on $450 million in handle while Internet casinos did better than ever, raking in $80 million. “Seeing New Jersey’s retail … Continue reading
Adelson quits Japan; Caesars vague on relaunch
Las Vegas Sands CEO Sheldon Adelson has come through the Covid-19 crisis with two things most of us don’t have: A) a boatload of cash and B) a desire to acquire other businesses. The rumor mill says he has his … Continue reading
Boston buoys Wynn, Penn leans on Barstool
Wynn Resorts was one of three biggies to report 1Q20 results late last week and the Las Vegas Strip was the least of its problems. Wynn Las Vegas and Encore had net revenue of $324 million, down 19% from last … Continue reading
Posted in Atlantic City, Caesars Entertainment, CityCenter, DraftKings, Economy, FanDuel, Florida, Golden Gaming, history, Illinois, Indiana, Internet gambling, Las Vegas Sands, Macau, Maine, Marketing, Maryland, Massachusetts, MGM Resorts International, Penn National, Pennsylvania, Slot routes, Sports, Sports betting, Taxes, The Strip, Tourism, Wall Street, Wynn Resorts
3 Comments
Culinary: Do more; Pent-up demand?
Although Nevada regulators seem to think that companies like Las Vegas Sands and Wynn Resorts are going too far with their reopening protocols the Culinary Union begs to differ. Noting that 15 Culinary members or family members have died of … Continue reading
Posted in Culinary Union, Economy, Health, Las Vegas Sands, Nevada, Regulation, Unite-Here, Wynn Resorts
2 Comments
Churchill Downs curbs plans; Murren’s big payday
In its 1Q20 earnings call Churchill Downs announced some significant retrenchments. Although the company is comfortably liquid ($701 million in the kitty) it’s put four expansions on hold: Rivers Casino Des Plaines, an enlargement of Miami Valley Gaming, a $300 … Continue reading
Shakeup at MGM, layoffs at Station
In a late-Friday night of the long knives, MGM Resorts International let go four property presidents. The official nomenclature is “laid-off” but we strongly suspect, given MGM’s history, that this prefaces a streamlining and centralization of authority. Out the door were … Continue reading
Vegas: Welcome to the new normal
Phil Ruffin may have jumped the gun with that May 15 reopening date for Treasure Island. Gov. Steve Sisolak (D), without specifying a quarantine-lifting date, has extended a modified version of the Nevada lockdown into May. “We just have not reached … Continue reading