Category Archives: Majestic Star

Wynn winning; Flyover Country keeps Caesars aloft

Posted on November 6, 2020 by David McKee

Wynn Resorts reported 3Q20 results yesterday and the headline item was Macao, where operating results were “soft” but “encouraging,” despite “negative to apathetic investor sentiment,” according to JP Morgan analyst Joseph Greff. Mass-market wagering was up 40% and credit issued … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Colorado, Conventions, Culinary Union, Dining, Diversity, Donald Trump, Economy, Election, Golden Gaming, Hard Rock International, Indiana, Internet gambling, Louisiana, Macau, Majestic Star, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Planet Hollywood, Politics, Reno, Slot routes, Sports betting, The Rio, The Strip, Tourism, Wall Street, William Hill, Wynn Resorts | 2 Comments

Quote of the Day

Posted on September 3, 2019 by David McKee

“If you haven’t been there to find these two boats, you need a map and a compass, because they are really hidden in a very remote location.”—Spectacle Entertainment General Counsel John Keeler, on the cons of Spectacle’s two Majestic Star … Continue reading →

Posted in Indiana, Majestic Star, Spectacle Entertainment | Comments Off on Quote of the Day

Record year for U.S. casinos; Boyd lauded

Posted on June 11, 2019 by David McKee

While the gaming industry seems to be straining at the limits of how far it can expand in the good old U.S. of A. the numbers don’t lie: The casino industry posted a record $41.7 billion last year. That’s a … Continue reading →

Posted in AGA, Boyd Gaming, Caesars Entertainment, Economy, Full House Resorts, Illinois, Indiana, Majestic Star, Penn National, Sports, Transportation, Wall Street | Comments Off on Record year for U.S. casinos; Boyd lauded

Indiana gets it done; Fox puts $$ into sports betting

Posted on May 10, 2019 by David McKee

It’s official. Indiana Gov. Eric Holcomb (R) has affixed his signature to a bill that will expand gambling in the Hoosier State by approving two new casinos and permitting sports betting, expected to take off by September. (All-important mobile betting … Continue reading →

Posted in Caesars Entertainment, Connecticut, Foxwoods, Indiana, Majestic Star, MGM Resorts International, PokerStars, Politics, Spectacle Entertainment, Sports, Sports betting, TV | Comments Off on Indiana gets it done; Fox puts $$ into sports betting

Case Bets

Posted on April 24, 2019 by David McKee

It’s early yet but the House Finance Committee of the Colorado Lege has overwhelmingly voted through a sports-betting bill. The would-be law has to survive three more votes in the House before moving along to the state Senate. However, it … Continue reading →

Posted in Architecture, Colorado, history, Horseracing, Indiana, Majestic Star, New Jersey, Pennsylvania, PokerStars, Politics, Regulation, Sports, Sports betting, Taxes | Comments Off on Case Bets

Casino expansion in Indiana; Wynn nixes Crown deal

Posted on April 11, 2019 by David McKee

Mike Pence having gone to Washington, D.C., we miss his existential debates over what does and does not represent an “expansion” of gambling in Indiana. Doubtless he would come down on the “does” side of a state House proposal to—rather than move … Continue reading →

Posted in Caesars Entertainment, Crown Resorts, Entertainment, Indiana, International, Law enforcement, Macau, Majestic Star, Philippines, Politics, Regulation, The Strip, World Series of Poker, Wynn Resorts | Comments Off on Casino expansion in Indiana; Wynn nixes Crown deal

Controversy embroils Wynn in Massachusetts

Posted on March 12, 2019 by David McKee

Sheldon Adelson‘s old sparring partner, Judge Elizabeth Gonzalez, was ruling on a Steve Wynn lawsuit last week, dismissing litigation against the Massachusetts Gaming Commission in light of the latter’s abject subjugation, er, settlement with Wynn. “The commission executed this action … Continue reading →

Posted in Architecture, CityCenter, Florida, Hard Rock International, Horseracing, Majestic Star, Massachusetts, MGM Resorts International, Minnesota, Mississippi, Nevada, Problem gambling, Regulation, Sports betting, Steve Wynn, Tribal, Wynn Resorts | Comments Off on Controversy embroils Wynn in Massachusetts

Business as usual

Posted on March 8, 2019 by David McKee

Ohio casinos grossed $155 million last month, a 5.5% increase. Hollywood Toledo was 2.5% to $16 million and Hollywood Columbus rose 3% to $19 million. Hollywood Dayton was also up 3% to $9 million. Hollywood Mahoning Valley leapt 7% to $10 … Continue reading →

Posted in Ameristar, Animals, Boyd Gaming, Caesars Entertainment, California, Cantor Gaming, Churchill Downs, Dan Gilbert, Eldorado Resorts, Full House Resorts, Horseracing, Indiana, Japan, M Resort, Macau, Majestic Star, Massachusetts, MGM Resorts International, Movies, Ohio, Penn National, Regulation, Sports betting, The Strip, Wall Street, William Hill, Wynn Resorts | Comments Off on Business as usual

Bluhm’s big push; Gary dissed; Oscar betting debuts

Posted on February 11, 2019 by David McKee

Neil Bluhm isn’t waiting like some blushing wallflower for the Massachusetts Gaming Commission to approve him for a casino in Brockton. He’s spent $430,000 on Beacon Hill to make his $700 million casino project in reality. To put that in … Continue reading →

Posted in Ameristar, Architecture, Caesars Entertainment, Cirque du Soleil, Economy, Entertainment, Genting, Indiana, Iowa, Law enforcement, Majestic Star, Massachusetts, Movies, Neil Bluhm, Penn National, Politics, Regulation, Rhode Island, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal | Comments Off on Bluhm’s big push; Gary dissed; Oscar betting debuts

AFL goes to A.C.; Majestic Star coming ashore?

Posted on January 22, 2019 by David McKee

In keeping with the new and hard-won sense of prosperity in Atlantic City, the Casino Reinvestment Development Authority hopes to bring arena football to the Boardwalk, specifically to Jim Whelan Boardwalk Hall. The early talk is a of three-year public/private partnership … Continue reading →

Posted in Atlantic City, DFS, Economy, history, Indiana, Law enforcement, Macau, Majestic Star, Politics, Sports, Sports betting, Taxes | Comments Off on AFL goes to A.C.; Majestic Star coming ashore?

Indiana, Missouri have good months; Hands-free vibrators conquer Las Vegas

Posted on January 10, 2019 by David McKee

Casinos in Indiana grossed $187 million last month, a 3% increase. Caesars Entertainment would appear to have robbed Peter (Horseshoe Southern Indiana) to pay Paul (its two racinos). Horseshoe was down 8% to $20 million, while Indiana Downs cantered past … Continue reading →

Posted in Ameristar, Boyd Gaming, Caesars Entertainment, Eldorado Resorts, Ellis Island, Full House Resorts, Indiana, Isle of Capri, Majestic Star, Missouri, Penn National, Technology, The Strip, Tribal | Comments Off on Indiana, Missouri have good months; Hands-free vibrators conquer Las Vegas

18 Fremont’s cover blown; Resorts World LV delayed yet again

Posted on December 10, 2018 by David McKee

Last week, Ryan Hess stole Derek Stevens‘ thunder, posting a stunning rendering for 18 Fremont on Twitter and linking to an EB-5 visa Web page that included more sexy pictures — six swimming pools — of the Stevens brothers’ upcoming … Continue reading →

Posted in Affinity Gaming, Ameristar, Architecture, Boyd Gaming, Caesars Entertainment, Dan Gilbert, Derek Stevens, Dining, Downtown, Eldorado Resorts, Full House Resorts, Genting, Indiana, International, Isle of Capri, Lucky Dragon, LVCVA, Majestic Star, Missouri, Ohio, Penn National, Steven Witkoff, The Strip, Tribal, Wall Street, Wynn Resorts | 1 Comment

Case Bets

Posted on December 3, 2018 by David McKee

Taking its own sweet time, Hard Rock Atlantic City will finally have a sports book in early 2019. Malta-based Gaming Innovation Group has been tapped to handle the nuts and bolts. The lack of sports betting in what should be … Continue reading →

Posted in Atlantic City, Caesars Entertainment, California, Centaur Gaming, Hard Rock International, history, Indiana, Macau, Majestic Star, New Mexico, Sports betting, Tourism, Transportation, Tribal | Comments Off on Case Bets

Midwest doldrums; Turning a page at Wynn

Posted on November 9, 2018 by David McKee

Slot routes continue to bleed Illinois casinos, which were 1.5% down in October. Two properties withstood the decline. Eldorado Resorts seems to be already turning things around at Grand Victoria, which was up 2% ($13 million). Rivers Casino, coveted by … Continue reading →

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Churchill Downs, Dubai, Eldorado Resorts, Election, Entertainment, Florida, Full House Resorts, GLPI, Illinois, Indiana, Kentucky, Macau, Majestic Star, Marketing, Penn National, Pinnacle Entertainment, Racinos, Reno, Rush Street Gaming, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on Midwest doldrums; Turning a page at Wynn

No love for Lucky Dragon

Posted on November 1, 2018 by David McKee

What if they sold a casino and nobody bid? That was the unenviable fate of Lucky Dragon Casino at bankruptcy auction. No one wants the jinxed property, leaving it in the frigid hands of principal lender Snow Covered Capital. Thus … Continue reading →

Posted in Alex Meruelo, Boyd Gaming, Caesars Entertainment, Environment, Genting, Indiana, Lucky Dragon, Majestic Star, Marketing, Sheldon Adelson, Singapore, SLS Las Vegas, Station Casinos, Tropicana Entertainment | 3 Comments

Indiana fails to impress; Big setback for non-smokers

Posted on October 12, 2018 by David McKee

It’s too soon to say that regional gaming’s economic honeymoon is over but Indiana was down 4% last month, grossing $177.5 million. (It was up 6% this time last year.) Penn National Gaming‘s Hollywood Lawrenceburg took a 15% header, grossing … Continue reading →

Posted in Ameristar, Boyd Gaming, Caesars Entertainment, Colony Capital, Eldorado Resorts, Entertainment, Environment, Full House Resorts, G2E, Indiana, Louisiana, Majestic Star, MGM Resorts International, Missouri, Penn National, Pinnacle Entertainment, Technology, Wall Street, West Virginia, Westgate LV | Comments Off on Indiana fails to impress; Big setback for non-smokers

Hot in August

Posted on September 12, 2018 by David McKee

Regional casinos were the big story last month, with four crucial jurisdictions all posting gains. (So, too, did Iowa but we rarely cover it in S&G because so few of the innumerable casinos make major amounts of revenue.) Maryland hopped … Continue reading →

Posted in Affinity Gaming, Ameristar, Caesars Entertainment, Cordish Co., Dan Gilbert, Eldorado Resorts, Full House Resorts, GLPI, Golden Gaming, Hard Rock International, Indiana, Iowa, Majestic Star, Maryland, MGM Resorts International, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Taxes, Tribal, Tropicana Entertainment | 1 Comment

A tale of four states

Posted on July 10, 2018 by David McKee

Illinois‘ casino industry has never recovered from the Great Recession. We’ll never know if it would have done so but the inception of slot routes has basically nipped any recovery in the bud. As such, the Land of Lincoln will … Continue reading →

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Eldorado Resorts, Full House Resorts, GLPI, Illinois, Indiana, Majestic Star, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Slot routes, Tribal, Tropicana Entertainment, Wall Street | Comments Off on A tale of four states

Midwest torpor; Freeman says goodbye

Posted on June 11, 2018 by David McKee

A wave of prosperity among Midwest casinos has hit the wall, at least for the near term. Indiana and Missouri joined Illinois, Ohio and Iowa in reporting flat year/year gaming revenues for May. In Indiana, gamblers were losing 15.5% more … Continue reading →

Posted in Ameristar, Boyd Gaming, Brazil, Centaur Gaming, Eldorado Resorts, Full House Resorts, Geoff Freeman, Harrah's, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Law enforcement, Macau, Majestic Star, Melco Resorts & Entertainment, Missouri, Ohio, Penn National, Pinnacle Entertainment, Sheldon Adelson, Tribal, Tropicana Entertainment | Comments Off on Midwest torpor; Freeman says goodbye

How much for a used Dragon?; Indiana good, Missouri ‘meh’

Posted on May 10, 2018 by David McKee

Believe it or not, there is “a lot of interest in the property at this time” according to Lucky Dragon Casino owner Andrew Fonfa, a contention independently verified by the Las Vegas Review-Journal. That being said, a Lucky Dragon sale is … Continue reading →

Posted in Affinity Gaming, Ameristar, Architecture, Boyd Gaming, Centaur Gaming, Eldorado Resorts, Environment, Full House Resorts, GLPI, Harrah's, Horseracing, IGT, Indiana, Isle of Capri, Lucky Dragon, Majestic Star, Missouri, Penn National, Pinnacle Entertainment, Racinos, Taxes, The Strip, Tribal, Wall Street, Wisconsin | Comments Off on How much for a used Dragon?; Indiana good, Missouri ‘meh’