Category Archives: Macau

Voyage to Vegas, Part One

Posted on September 26, 2022 by David McKee

Not us. We’re in Vermont, vacationing. But Deutsche Bank analyst Carlo Santarelli trekked to Sin City and met with representatives of eight companies. We’ll start with MGM Resorts International, which waxed pretty darn upbeat. In Las Vegas, MGM’s strength lies … Continue reading →

Posted in Arizona, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, CityCenter, Cosmopolitan, Culinary Union, Election, Fontainebleau, Genting, Hard Rock International, Indiana, Internet gambling, Iowa, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Missouri, Nebraska, New Jersey, New York, North Carolina, Palms, Penn National, Pennsylvania, Philippines, Politics, Singapore, Sociedade de Jogos de Macau, Sports, Sports betting, The Strip, Virginia, Wall Street | 3 Comments

Wynn: Make mine Manhattan; Votes for sale; Mega-Jottings

Posted on September 20, 2022 by David McKee

There will be at least one serious push for a casino in the heart of New York City, now that Wynn Resorts has thrown in with Related Cos. on “an exposed and sunken rail yard” that some see as a … Continue reading →

Posted in Australia, Brothels, California, CQ Holdings, DraftKings, Entertainment, Genting, Georgia, Hawaii, Japan, Law enforcement, Louisiana, Macau, Marketing, MGM Resorts International, Nevada, New York, North Las Vegas, Palms, Pennsylvania, Politics, Slot routes, Star Entertainment, Technology, Tribal, Wall Street, Wynn Resorts, Wyoming | 1 Comment

Atlantic City still surging; Aces win it all for Las Vegas

Posted on September 19, 2022 by David McKee

Casino executives in Atlantic City may continue to plead poverty but the numbers tell a different story. Last month’s tally was $274 million, up 4.5% from last year. Slot revenue was $204 million, up 3% on looser hold and 3.5% … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, China, Churchill Downs, Cordish Co., DraftKings, FanDuel, Genting, Golden Nugget, Greenwood Racing, Hard Rock International, history, Illinois, Indiana, Internet gambling, Las Vegas Raiders, Louisiana, LVCVA, Macau, Marketing, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, New Jersey, New York, Ocean Resort, Penn National, Pennsylvania, PointsBet, Regulation, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, The Strip, Wall Street, WInd Creek, Wynn Resorts | Comments Off on Atlantic City still surging; Aces win it all for Las Vegas

Atlantic City sexism and other capers; Falling Star

Posted on September 14, 2022 by David McKee

While we have no definitive idea whether Ocean Casino Resort CEO Bill Callahan is a male chauvinist pig, he certainly presents a convincing set of credentials in a Global Gaming Business puff piece. Never mind the efforts of predecessor Terry … Continue reading →

Posted in AGA, Atlantic City, Australia, Bally, Caesars Entertainment, Crown Resorts, Failsinos, Health, Illitch Family, Macau, MGM Resorts International, Money laundering, Ocean Resort, Regulation, Star Entertainment, The Mob, The Strip | 6 Comments

Gaming levels off at high altitude; More Chicago shenanigans

Posted on September 9, 2022 by David McKee

Casino receipts are in for a quartet of states and they tell a similar tale: That gamblers are reining in their 2022 spending … but are still wagering (and losing) way more than three years ago. Hardly a picture of … Continue reading →

Posted in Bally, Baseball, Boulder Strip, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, Full House Resorts, Golden Gaming, Hard Rock International, Health, Illinois, Iowa, Jack Entertainment, Kansas, Louisiana, Macau, Maryland, MGM Resorts International, Missouri, North Las Vegas, Ohio, Penn National, Politics, Sports betting, Station Casinos, TV | 4 Comments

Justice for German; MGM gets some Wall Street love

Posted on September 8, 2022 by David McKee

Clark County Administrator Robert Telles (D) is in custody for the murder of Las Vegas Review-Journal investigative reporter Jeff German in what has all the appearance of a revenge killing. Good work by Las Vegas Metro, despite a set of … Continue reading →

Posted in Apollo Management, Bally, Boyd Gaming, Churchill Downs, DraftKings, Economy, FanDuel, Fontainebleau, Hawaii, Horseracing, Indiana, Internet gambling, Kansas, Law enforcement, Louisiana, Macau, MGM Resorts International, Problem gambling, Sexual misconduct, Sports betting, The Strip, TV, Wall Street | 1 Comment

Jottings for the weekend

Posted on September 2, 2022 by David McKee

Aside from the launch of sports betting in Kansas—spearheaded by Hollywood Casino and Kansas Star—it’s been a slow news week. Casino gambling is headed the wrong way in Alabama, where employee-owned GreeneTrack Class II casino was forced to shut down, … Continue reading →

Posted in Alabama, Australia, Boyd Gaming, Caesars Entertainment, Connecticut, Crown Resorts, Detroit, DraftKings, Florida, history, Kansas, Las Vegas Sands, Macau, Mohegan Sun, Money laundering, Nebraska, Penn National, Racinos, Seminole Tribe, Singapore, Sports betting, Taxes | 1 Comment

Strip slows in July, Downtown flops; Mega-Jottings

Posted on August 30, 2022 by David McKee

Inflation and depleted discretionary income seem finally to have caught up with the Las Vegas Strip. July’s gambling win was 2.5% from the year previous (while locals casinos slipped 3%). The diñero, especially on the Strip, is so elevated from … Continue reading →

Posted in Barstool Sports, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Churchill Downs, Downtown, DraftKings, Economy, Environment, FanDuel, Genting, Golden Nugget, Hard Rock International, Iowa, Kansas, Lake Tahoe, Las Vegas Sands, Laughlin, Louisiana, Macau, Mesquite, MGM Resorts International, North Las Vegas, Peninsula Pacific, Philippines, PointsBet, Regulation, Reno, Singapore, The Strip, Tourism, Virginia, Wall Street, Wendover | 1 Comment

Vegas insanity; Penn’s bad boy; Lake Mead in peril

Posted on August 22, 2022 by David McKee

Imagine an 8.5-mile Las Vegas Strip. You may not have to because “experts” say “it’s in the cards.” What’s the cause of this crazed optimism? No, it’s not the economy. The prospect of a baseball stadium at Sahara Avenue and … Continue reading →

Posted in AGA, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Cambodia, Card rooms, Churchill Downs, CityCenter, CQ Holdings, Economy, Election, Environment, Everi, Failsinos, Golden Nugget, Louisiana, M Resort, Macau, MGM Resorts International, Money laundering, Nebraska, Pansy Ho, Penn National, Problem gambling, Racinos, Regulation, Sports, Sports betting, Star Entertainment, Station Casinos, The Strip, Tribal, United Kingdom | 3 Comments

Pennsylvania: Parx back on top; Gov’t milks problem gambling

Posted on August 18, 2022 by David McKee

Despite a 12.5% dropoff in revenue from July 2021, Parx Casino outpaced the rest of the Pennsylvania pack last month, booking $51 million in revenue. The only other casino to come close was Wind Creek Bethlehem, riding a 13.5% surge … Continue reading →

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Centaur Gaming, China, Churchill Downs, Cordish Co., Donald Trump, DraftKings, FanDuel, FoxBet, Greenwood Racing, Hard Rock International, Health, Indiana, International, Internet gambling, Las Vegas Sands, Macau, Mohegan Sun, Money laundering, Ohio, Penn National, Pennsylvania, Problem gambling, Rush Street Gaming, Sports betting, Tribal | 2 Comments

Tidal Wave in Atlantic City; FanDuel hits paydirt

Posted on August 15, 2022 by David McKee

Is Ocean Casino Resort‘s new leadership sweating comps? Our East Coast correspondent tried to score two for a Boz Scaggs concert, couldn’t, but paid anyway. What did he see? “The concert was far from being sold out. Do you think … Continue reading →

Posted in Apollo Management, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Downtown, DraftKings, Election, Entertainment, FanDuel, Genting, Georgia, Golden Nugget, Health, Illinois, Macau, Marketing, Massachusetts, MGM Resorts International, Nebraska, New York, Penn National, Pennsylvania, Racinos, Regulation, Rush Street Gaming, Sports betting, Transportation, Tribal, Virginia, Wall Street, Wynn Resorts | 2 Comments

Missouri up, Ohio down; Wynn hits records; Station flexes

Posted on August 10, 2022 by David McKee

After a somnolent Tuesday, all heck has erupted in the gaming universe and we’ll try to cram at least some of it into today’s dispatch. Gaming revenues continue to flicker here and there, while remaining high heavens above 2019’s outstanding … Continue reading →

Posted in Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, China, Churchill Downs, Economy, Hard Rock International, Health, International, Internet gambling, Jack Entertainment, Macau, Massachusetts, MGM Resorts International, Missouri, Ohio, Penn National, Real Estate, Sports betting, Station Casinos, The Strip, Wall Street, Wynn Resorts | 1 Comment

Cosmic quarter at MGM; New name, same old Penn

Posted on August 5, 2022 by David McKee

“No Recession yet, just all time records,” reported Truist Securities analyst Barry Jonas of MGM Resorts International‘s 2Q22 earnings call. Better-than-ever Las Vegas Strip and regional revenues beat the pants off Wall Street‘s expectations, outweighing “weakness” in Macao, where gaming … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Chicago, China, Churchill Downs, Conventions, Cordish Co., Cosmopolitan, DraftKings, FanDuel, Golden Gaming, Hard Rock International, history, Illinois, International, Internet gambling, Law enforcement, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Resorts International, Michigan, Mississippi, Missouri, Nevada, North Carolina, Ohio, Penn National, Pennsylvania, PointsBet, Scott Butera, Slot routes, Sports, Sports betting, Technology, The Strip, Tourism, Tribal, Virginia, Wall Street, Wyoming | 1 Comment

Philly Live shows life; Massachusetts sports betting wins; S.C. scandal

Posted on August 1, 2022 by David McKee

In a truly doleful sign of the times, Philadelphia Live has reinstated metal detectors at its entrance. Also, in a nod to Covid-19, aka The Disease That Couldn’t Be Cured, it is handing out free face masks to patrons. Good … Continue reading →

Posted in Bally, Cordish Co., Entertainment, Health, Macau, Marketing, Massachusetts, New York, North Carolina, Pennsylvania, Politics, Regulation, Sociedade de Jogos de Macau, South Carolina, Sports betting, Taxes, Tribal | 1 Comment

Peace in Atlantic City; Storm over Vegas

Posted on July 29, 2022 by David McKee

Along with Resorts Atlantic City, the Golden Nugget (seen above in its Trump Marina days) has inked a new labor pact with Unite-Here, bringing to an end any uncertainty about a strike on the Boardwalk. Workers get substantial pay increases, … Continue reading →

Posted in Animals, Atlantic City, Bally, Caesars Entertainment, Canada, Churchill Downs, Cretins, Current, Derek Stevens, Dining, Downtown, Entertainment, Environment, Gary Goett, Genting, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Kentucky, Las Vegas Sands, Macau, MGM Resorts International, Mohegan Sun, Singapore, The Strip, Unite-Here, Wall Street | 1 Comment

Strip sizzles, locals chillier; The Macao trap

Posted on July 28, 2022 by David McKee

Gambling revenues on the Las Vegas Strip last month heated up dramatically, $735 million or +23% from the year previous. Unfortunately for Nevada, the good news pretty much ends there. Locals play continues to decline, with Downtown off 11.5% to … Continue reading →

Posted in Atlantic City, Boulder Strip, Canada, China, Cosmopolitan, Downtown, Environment, Golden Nugget, Kazuo Okada, Lake Tahoe, Macau, Massachusetts, Mesquite, MGM Resorts International, Mohegan Sun, Nevada, North Las Vegas, Philippines, Politics, Regulation, Reno, Sports betting, The Strip, Wendover | Comments Off on Strip sizzles, locals chillier; The Macao trap

Louisiana plummets; Cool front disrupts summer gaming

Posted on July 22, 2022 by David McKee

A “cruel, cruel summer” for regional casinos was predicted by Truist Securities analyst Barry Jonas and it’s already arrived in Louisiana, where gambling revenues fell 10% last month. It’s not even keeping pace with go-go 2019 any longer. The statewide … Continue reading →

Posted in Architecture, Bally, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Conventions, CQ Holdings, Dining, Economy, Environment, Golden Gaming, Golden Nugget, Health, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Michigan, North Las Vegas, Penn National, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Station Casinos, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts | Comments Off on Louisiana plummets; Cool front disrupts summer gaming

“Standout” at Sands; Station challenges South Point

Posted on July 21, 2022 by David McKee

Despite attenuated revenues of $1.2 billion in the second quarter, Las Vegas Sands was the beneficiary of what one analyst termed “creeping expectations” on Wall Street. Or, as Deutsche Bank‘s Carlo Santarelli put, “we continue to believe LVS represents one of the … Continue reading →

Posted in China, Health, International, Las Vegas Sands, Law enforcement, M Resort, Macau, Michael Gaughan, New York, Penn National, Pennsylvania, Real Estate, Security, Singapore, Station Casinos, Tourism, Transportation, Wall Street | 1 Comment

Two Atlantic City casinos to be struck; Pennsylvania’s fuzzy math

Posted on July 20, 2022 by David McKee

Unite-Here quickly ran out of patience with the Golden Nugget and Resorts Atlantic City. 97% of affected membership voted to authorize strikes at both the bottom-feeding casinos if a labor deal can’t be reached before August 1. That still gives … Continue reading →

Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, Economy, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Internet gambling, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Michigan, Mohegan Sun, Penn National, Pennsylvania, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tribal, Unite-Here, Wall Street, WInd Creek | Comments Off on Two Atlantic City casinos to be struck; Pennsylvania’s fuzzy math

Atlantic City strong; Station’s demolition derby; De$anti$ hits jackpot; Mega-Jottings

Posted on July 18, 2022 by David McKee

There’s so much news today we almost don’t know where to begin. But we’ll start with Atlantic City, which reported a 2% increase in casino revenue, to $229 million. Internet gambling and sports betting chipped in another $169 million. One … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Canada, China, Donald Trump, Dotty's, Downtown, DraftKings, FanDuel, Genting, George Maloof, Golden Nugget, Hard Rock International, Health, International, Internet gambling, Las Vegas Sands, Law enforcement, Macau, MGM Resorts International, Michael Gaughan, Mohegan Sun, North Las Vegas, Ocean Resort, Pennsylvania, Phil Ruffin, Politics, Real Estate, Regulation, Resorts World LV, Sheldon Adelson, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, Steve Wynn, Texas, The Strip, Tribal, United Kingdom, Wall Street, WInd Creek | 1 Comment