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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Marketing
Louisiana hard hit; Mohegan Sun, Foxwoods tops in U.S.
Slammed by a double-whammy of hurricanes, Louisiana was accordingly unfortunate in gambling revenue, which plunged 32% to $148.5 million. The only market spared was Baton Rouge (-12%). Lake Charles bore the brunt of Hurricane Laura and the numbers reflected it. … Continue reading
Posted in Arizona, Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, Derek Stevens, Dining, Donald Trump, Downtown Grand, Election, Foxwoods, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Las Vegas Raiders, Las Vegas Sands, Louisiana, Marketing, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, Ocean Resort, Oklahoma, Penn National, Reno, Sahara, Sheldon Adelson, Slot routes, Sports betting, Station Casinos, Tamares Group, The Strip, Tourism, Transportation, Tribal, Twin River, Wynn Resorts
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Sands low on Vegas, Boyd upbeat, mixed signals from Station
Yesterday it was Las Vegas Sands‘ turn with JP Morgan gaming analysts and the company was full of surprises. Little of its commentary had to do with the Las Vegas Strip, about which it was “downbeat,” what with conventioneers and … Continue reading
Park MGM reopens early; Power play at Scientific
MGM Resorts International had mooted as late as an end-of-the-year target for resuming business at Park MGM. However, the date has been advanced to Sept. 30 and, yes, Park MGM will be smoke-free. In a subplot, Four Seasons reopens five … Continue reading
Macao moots casino closures; Stevens vs. William Hill
Here it comes. Again. The government of Macao is taking a zero-tolerance policy toward Covid-19. Although there hasn’t been a case in four months (good for them), the enclave is floating the idea of shutting down any casino where a … Continue reading
Cuomo abandons N.Y. casinos; Legal brawls in Atlantic City
New York Gov. Andrew Cuomo (D) has turned his back on the casino industry in no uncertain terms. The Empire State lags the entire nation in casino reopenings and Cuomo shows no inclination to soften his hard line. As for … Continue reading
Culinary, Caesars, MGM make peace; IGT does a Kerouac
Instead of butting heads in court, the Culinary Union, Caesars Entertainment and MGM Resorts International put their noggins together, and came up with a set of worker-safety protocols to implemented on a company-wide basis. That still leaves a lot of … Continue reading
MGM rushes where Caesars fears to tread; Cullotta croaks
“By the end of the year” is MGM Resorts International‘s new timeline for reopening Park MGM. Archrival Caesars Entertainment is proceeding somewhat more circumspectly with its casino reopenings. “Caesars will open its remaining Las Vegas properties in line with customer … Continue reading
Posted in Caesars Entertainment, China, Cirque du Soleil, Culinary Union, Dining, Donald Trump, Macau, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Movies, North Las Vegas, Sheldon Adelson, Station Casinos, The Mob, The Strip, Tourism, Wall Street, Wynn Resorts
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Holy Toledo!; Sigma Derby needs you
Ohio casinos didn’t just outperform the Midwest during July, they had their best month ever. What gives? Well, Detroit was still off-limits (redounding to the considerable benefit of Hollywood Toledo) and discretionary capital was clearly plentiful. The four non-racinos hadn’t … Continue reading
Pinching pennies at Caesars; Glitters at Golden
Anthony Rodio‘s multi-million-dollar revamp of Bacchanal Buffet may well have been for naught. On yesterday’s earnings call the Tom Reeg administration floated the idea of closing all buffets at Caesars Entertainment properties. Expect comps to be sweated until they bleed … Continue reading
Posted in Arizona, Caesars Entertainment, Colorado, Dining, Donald Trump, Economy, Election, Florida, Golden Gaming, Hard Rock International, Health, International, Internet gambling, Louisiana, Marketing, Mississippi, Nevada, Penn National, Pennsylvania, Problem gambling, Seminole Tribe, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts
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Big Gaming declares war on employees
With Big Gaming’s generals itching to sell out their foot soldiers (i.e., employees), it’s interesting—to say the least—that we’ve heard nothing from the Culinary Union or Unite-Here President D. Taylor except a loud chorus of … crickets. They’re rolling over … Continue reading
MGM: No shows for you!; Cromwell aims for the gutter
Yesterday the axe fell on MGM Resorts International‘s sports and entertainment division with the announcement that all shows and events scheduled between now and August 31 were canceled. Worse still, any support personnel for shows canceled after August 31 would … Continue reading
Posted in Caesars Entertainment, California, Cirque du Soleil, Conventions, Economy, Entertainment, Florida, Health, Las Vegas Sands, Marketing, MGM Resorts International, Real Estate, Seminole Tribe, The Strip, Tribal, TV
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It’s Coronavirus’ world, we just live in it
Some days it just doesn’t pay to be Oklahoma Gov. Kevin Stitt (R). He’s lost authority over the eastern half of the Sooner State. How? The U.S. Supreme Court—hardly a hotbed of bleeding-heart liberals—ruled that historical claims by the Muscogee … Continue reading
Posted in Arizona, Baseball, Caesars Entertainment, Economy, Election, Health, Internet gambling, Iowa, Marketing, Nebraska, Nevada, North Carolina, Oklahoma, Politics, Racinos, South Carolina, Sports betting, Taxes, Tribal
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Caesars: Meet the new bosses; Graham grandstands
VitalVegas got its hands on Caesars Entertainment internal document bearing the grinning visage of COO Anthony Carano. It outlined a restructuring of the company’s top executive ranks into nine divisions headed by an overwhelmingly WASP-y, male cohort. (Soon to become … Continue reading
History repeats itself, this time as farce
Caesars Entertainment is now Eldorado Resorts‘ bitch and, as Scott Roeben reports, there’s already reason to be concerned, starting with layoffs at Caesars Palace. New CEO Tom Reeg is apparently wasting no time sending employees to the firing squad. He … Continue reading
Caesars slashes costs; Circa to open early
News out of Eldorado Resorts and Caesars Entertainment, where Tom Reeg is showing the whip hand, are good for investors, maybe not so much for customers. In a period in which revenue fell 21%, cash flow rose 16%, thanks in … 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 casinos boom; Indiana sports books struggle
Here is the kind of story American Gaming Association President Bill Miller doesn’t want us to write. Costa Rica-based PayPerHead software provider is quantifying the upsurge in Internet gambling that took off with Covid-19. Not only did online casinos benefit … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Indiana, International, Internet gambling, Marketing, Penn National, Sports, Sports betting, Technology, Tourism, Transportation
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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
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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
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