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Category Archives: Las Vegas Sands
A’s juiced into Vegas; Greed at the top; Study: Casinos blowing smoke; Industry endorses Hochul
Given that Oakland is well and truly fed up with the sorry Oakland Athletics, and with their pinchpenny ways, relocation to Las Vegas may be just what the doctor ordered. However, the manner in which the exit ramp is being … Continue reading
Posted in Bally, Baseball, California, Charity, Economy, G2E, Genting, Hard Rock International, Health, International, Kazuo Okada, Las Vegas Sands, Macau, MGM Resorts International, Nevada, New Jersey, New York, Palms, Philippines, Politics, Rush Street Gaming, The Strip, Tribal, Wynn Resorts
1 Comment
Massachusetts upbeat; Station defiant; Atlantic City stalemate
Casinos in the Bay State clocked $91 million in revenue last month, a 5% improvement on last year. Encore Boston Harbor led the tiny pack with $58 million, growing 9.5%. Next up was MGM Springfield, performing surprisingly well. It was … Continue reading
Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, California, Churchill Downs, Derek Stevens, Economy, Election, Galaxy Entertainment, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Mohegan Sun, North Carolina, Ocean Resort, Peninsula Pacific, Penn National, Politics, Regulation, Slot routes, Sports betting, Station Casinos, Tourism, Transportation, Tribal, Unite-Here, Wynn Resorts
1 Comment
Chicago blew it; Times Square, anyone? Monday Mega-Jottings
Even as Chicago Mayor Lori Lightfoot (D) blunders forward with her megaresort campaign, more voices are being raised in criticism of how the Second City is going about the process. A Crain’s Business analysis determined that “Each location appears to … Continue reading
Posted in Architecture, Aristocrat, Atlantic City, Australia, Bally, Baseball, BetMGM, Caesars Entertainment, Chicago, China, Crown Resorts, Derek Stevens, Election, Entertainment, Environment, FanDuel, Galaxy Entertainment, GLPI, Hard Rock International, Health, Illinois, International, Kansas, Las Vegas Sands, Law enforcement, Macau, Marketing, Massachusetts, MGM Resorts International, New York, North Carolina, Pennsylvania, Planet Hollywood, Politics, Real Estate, Regulation, Resorts World LV, Rush Street Gaming, Sports betting, The Strip, Tribal, United Kingdom, Virginia
1 Comment
Windy City shakedown; Strip explodes, Palms reborn
$75 million or else. That’s extortionate Chicago Mayor Lori Lightfoot‘s latest demand of casino applicants. If you win the bid, fork over the cash. Her Dishonor might settle for ‘only’ $40 million on the barrelhead, followed up by a $2 … Continue reading
Posted in Bally, Boulder Strip, Boyd Gaming, Chicago, China, Downtown, Florida, Hard Rock International, Health, International, Lake Tahoe, Las Vegas Sands, Laughlin, Macau, Mesquite, Nevada, New York, North Las Vegas, Palms, Politics, Regulation, Reno, Rush Street Gaming, San Manuel Band of Mission Indians, Singapore, Station Casinos, Taxes, Texas, The Strip, Tourism, Wall Street, Wendover
1 Comment
Sex, drugs and Resorts World LV; Massachusetts gets serious about sports betting; Caesars wins two Freddies
Both the reputations of Resorts World Las Vegas and its president, Scott Sibella, could be besmirched by a Nevada Gaming Control Board investigation. The tentative probe stems from charges made by gambler Brandon Sattler as part of a huge bankruptcy … Continue reading
Posted in Architecture, Caesars Entertainment, California, Detroit, Economy, Japan, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Money laundering, Peninsula Pacific, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resorts World LV, Sam Nazarian, Singapore, Sports betting, Taxes, The Mob, The Strip, Tribal, Wynn Resorts
1 Comment
Sands, NY Mets in cahoots; Raiders set to clobber Vegas bookies
Pay no attention to the men behind the curtain. There’s nothing wrong with the idea of a casino megaresort in the Willets Point area, near Citi Field. It’s far preferable to some of the other New York City sites that … Continue reading
Posted in AGA, Atlantic City, BetMGM, Boyd Gaming, Economy, Golden Nugget, Illinois, Internet gambling, Las Vegas Raiders, Las Vegas Sands, MGM Resorts International, Michael Gaughan, New York, North Carolina, Ocean Resort, Palms, Philippines, Politics, Sports, Sports betting, Station Casinos, Tribal, Westgate LV, Wisconsin
1 Comment
Casinos in clover nationwide; Mega-Jottings for a Monday
Masters Week has come and gone, and Augusta now sinks back into an 11-month torpor. Which also helps us return to standard-edition S&G. (Seen on the marquee of the church closest to Augusta National: “This is Amen Corner.”) Where to … Continue reading
Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Conventions, CQ Holdings, Current, Derek Stevens, Diversity, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Georgia, Hard Rock International, Illinois, Indiana, International, Jack Entertainment, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Missouri, Nevada, New York, North Las Vegas, Ohio, Palms, Penn National, Pennsylvania, Politics, Racinos, Sahara, Singapore, Sports, Sports betting, Taxes, Tribal
1 Comment
Optimism in Las Vegas; Bluhm bombs in Chicago
On his way home from Black Hawk, Colorado, gaming analyst Barry Jonas of Truist Securities popped into Las Vegas. He met with various and sundry publicly traded companies, even MGM Resorts International, for which he feels little love. He also … Continue reading
Posted in Arizona, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Chicago, DraftKings, Economy, Everi, FanDuel, Florida, G2E, Hard Rock International, Health, IGT, Las Vegas Sands, MGM Resorts International, Neil Bluhm, Palms, Penn National, Politics, Problem gambling, Rush Street Gaming, Scientific Games, Sports betting, Station Casinos, Technology, Tribal, Virginia, Wall Street
Comments Off on Optimism in Las Vegas; Bluhm bombs in Chicago
Make theirs Manhattan: Hochul plays hardball
Representatives of New York City‘s ritziest borough have made it abundantly clear that they don’t want a casino in Manhattan. But it appears that Gov. Kathy Hochul (D) is going to impose one on them, public appetite be damned. Perhaps … Continue reading
Posted in Bally, Genting, Hard Rock International, Horseracing, Las Vegas Sands, Louisiana, Nevada, New York, Politics, Sports, Sports betting, Taxes, Tribal
Comments Off on Make theirs Manhattan: Hochul plays hardball
New York $tate of mind; DraftKings gets rabies
OK, so New York State sports betting “slowed slightly” last month. Big deal. After all, there weren’t five weekends of NFL action, for starters. What’s more newsworthy is the $1.5 billion in handle that Empire State online sports betting whipped … Continue reading
Louisiana levels off, DraftKings sucks wind, Golden gilded
Gaming analysts have been cautioning us to expect “difficult comparisons” between 2022 and previous high-water years late 2019 and 2021. Indeed, Louisiana‘s January was flat with 2019, if up 8% from last year. Sports betting was weak: $49 million in … Continue reading
Posted in Apollo Management, Atlantic City, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Eldorado Resorts, Florida, G2E, Golden Gaming, Golden Nugget, Hard Rock International, Hawaii, Japan, Las Vegas Sands, Laughlin, Louisiana, New Jersey, New York, Peninsula Pacific, Penn National, Regulation, Resort fees, Slot routes, Sports betting, Tourism, Wall Street, Wynn Resorts
Comments Off on Louisiana levels off, DraftKings sucks wind, Golden gilded
MGM boffo; Establishment freaks out over sports betting
“Viva Las Vegas” was the headline on Credit Suisse analyst Ben Chaiken‘s recap of 4Q21 earnings from MGM Resorts International. Wall Street expected $2.8 billion in revenue and $705 million in cash flow. MGM delivered $3.1 billion and $821 million, … Continue reading
Posted in BetMGM, Caesars Entertainment, Canada, Conventions, Cosmopolitan, DFS, Donald Trump, DraftKings, Election, Entertainment, Florida, Hard Rock International, Hawaii, Health, Illinois, Japan, Las Vegas Sands, Lotteries, Macau, Marketing, Mattress Mack, MGM Resorts International, Nevada, New York, Problem gambling, Seminole Tribe, Sports, Sports betting, Station Casinos, Steve Wynn, Taxes, Technology, The Strip, Wall Street, Wynn Resorts
3 Comments
Venetian: The fix was in
As usual when billions are on the line, regulators dove under the table regarding the sale of Venelazzo to an unholy alliance of Apollo Management and Vici Properties. Although the Nevada Gaming Control Board cried foul—and rightly so—at the sexual … Continue reading
Posted in Apollo Management, Architecture, Caesars Entertainment, California, Canada, Card rooms, Conventions, Culinary Union, DraftKings, Economy, Election, FanDuel, Florida, IGT, Las Vegas Sands, Massachusetts, Peninsula Pacific, Politics, Real Estate, Regulation, Reno, Sexual misconduct, Sheldon Adelson, Steve Wynn, Taxes, The Strip, Virginia, Wynn Resorts
1 Comment
New boss at F-blue; Station: Five white guys; Atlantic City blitzed
Yes, Tom Brady has retired but there’s actually other news happening today. For starters, Fontainebleau has a new president. And not just any prexy but “a visionary leader for our next-generation luxury resort.” He’s Cliff Atkinson, late of Luxor. If … Continue reading
Posted in Atlantic City, Caesars Entertainment, CityCenter, Colorado, Culinary Union, Dining, Diversity, Fontainebleau, Hard Rock International, Horseracing, Illinois, Las Vegas Sands, Macau, MGM Resorts International, New York, Oregon, Pennsylvania, Real Estate, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tribal
2 Comments
Florida: Phhhhht …; Crackdown in Macao; Scandal at Parx
That hissing sound you hear is the air going out of DraftKings‘ and FanDuel‘s electoral balloon. Florida Education Champions, their front group for bringing online sports betting to the Sunshine State, folded its hand, conceding that it can’t get enough … Continue reading