Category Archives: MGM Resorts International

Ohio up; Golden struggles; Bay State blunders

Posted on August 1, 2023 by David McKee

Continued strength in casinos was shown by Ohio, which posted $193.5 million in gambling revenue in June. That’s 2% higher than already-strong last year and a whopping 20% over 2o19, which was none too shabby either. Hollywood Columbus came out … Continue reading →

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, DraftKings, FanDuel, Golden Gaming, Hard Rock International, Jack Entertainment, Japan, Maryland, Massachusetts, MGM Resorts International, Nevada, Ohio, Penn National, Politics, Regulation, Slot routes, Sports, Sports betting, Station Casinos, United Kingdom, Wall Street | Comments Off on Ohio up; Golden struggles; Bay State blunders

Michigan hops, Bally’s flops and Stitt’s in hot water

Posted on July 26, 2023 by David McKee

Detroit casinos continue to be outperformed by their Internet rivals. Last month saw $151 million in online gambling revenue against $102 million from terrestrial, private-sector casinos. Sports betting chipped in $18 million. Revenue for the three Motown casinos was up … Continue reading →

Posted in Bally, Barstool Sports, BetMGM, Caesars Entertainment, Detroit, Dining, DraftKings, FanDuel, Illitch Family, Internet gambling, Marketing, Massachusetts, MGM Resorts International, Michigan, Movies, Oklahoma, Penn National, Politics, Regulation, Rush Street Gaming, Sports betting, Tribal, Wynn Resorts | Comments Off on Michigan hops, Bally’s flops and Stitt’s in hot water

Walk of Shame; F-blue aflame; More Stitt stupidity

Posted on July 24, 2023 by David McKee

Shame on the District of Columbia. Its embattled leadership has yanked away $200,000 in funding for treatment of disordered gambling. You’d think that would be a priority item for a city whose government is partly funded by sports betting … … Continue reading →

Posted in Cretins, Fontainebleau, Health, International, Japan, MGM Resorts International, Oklahoma, Politics, Problem gambling, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Technology, The Strip, Tribal | Comments Off on Walk of Shame; F-blue aflame; More Stitt stupidity

Louisiana still sinking; Insult from the Lege; Japan follies

Posted on July 21, 2023 by David McKee

Horseshoe Lake Charles continues to prop up Louisiana casino revenues, which were down 2% last month compared to -6.5% if Horseshoe is subtracted. The statewide gross was $196 million. Visitation overall was up 3% but gamblers clutched their purse strings, … Continue reading →

Posted in Apollo Management, Architecture, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, Golden Nugget, IGT, International, Internet gambling, Japan, Kansas, Lawrence Ho, Louisiana, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Politics, Rush Street Gaming, Sports betting, Station Casinos, Technology, The Strip, Tribal | Comments Off on Louisiana still sinking; Insult from the Lege; Japan follies

Atlantic City, Massachusetts up, Illinois down; Crime fails to pay

Posted on July 17, 2023 by David McKee

Atlantic City rebounded nicely in June, up 5.5% to $241.5 million. Table game winnings were flat, despite 3.5% larger wagering than last year (so the players made out well) and slot win jumped 7% on a commensurately higher amount of … Continue reading →

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Crown Resorts, Dan Lee, DraftKings, FanDuel, Full House Resorts, Golden Nugget, Hard Rock International, Illinois, International, Internet gambling, Kazuo Okada, Law enforcement, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Philippines, Sports betting, Taxes, Technology, Virginia, Wall Street, Wynn Resorts | Comments Off on Atlantic City, Massachusetts up, Illinois down; Crime fails to pay

F-blue, Rio approved; Indiana down again; Biden smoked

Posted on July 14, 2023 by David McKee

Fontainebleau owner Jeffrey Soffer and top exec Brett Mufson are certain to be approved after their audition for the Nevada Gaming Control Board. And why not? Aside from an ancient tax issue involving the Town Square mall, there’s nothing untoward … Continue reading →

Posted in Animals, Architecture, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, DraftKings, Entertainment, Environment, FanDuel, Fontainebleau, Genting, Hard Rock International, Health, history, Indiana, International, Internet gambling, Kazuo Okada, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Movies, New York, North Carolina, Ocean Resort, Ohio, Penn National, Politics, Regulation, Resorts World LV, Seminole Tribe, Sports, Sports betting, Taxes, The Rio, Tribal, Virgin Hotels, Virginia, Wall Street, Washington State, Wynn Resorts | 4 Comments

Bellagio bargain?; Shame on Maine; Trump seen slumming

Posted on July 10, 2023 by David McKee

Yup, it’s true. Blackstone Group is shopping the real estate assets of Bellagio as it draws down its Las Vegas Strip exposure. At least one Wall Street analyst thinks this would send a signal to the REIT industry that Strip … Continue reading →

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Conventions, Cosmopolitan, Cretins, Donald Trump, Entertainment, history, Law enforcement, Maine, MGM Resorts International, Real Estate, Regulation, Seminole Tribe, Sports betting, Station Casinos, The Rio, The Strip, Wall Street | Comments Off on Bellagio bargain?; Shame on Maine; Trump seen slumming

Big Gaming gets its chain yanked, not always unfairly

Posted on July 6, 2023 by David McKee

We apologize for the dearth of hard news lately. Compounding a two-week vacation with the Fourth of July holiday hasn’t been good for keeping you, dear reader, in the loop. This week in particular has been so slow it’s practically … Continue reading →

Posted in AGA, Arizona, Bally, Caesars Entertainment, Churchill Downs, Cordish Co., Florida, G2E, Golden Gaming, Health, history, Internet gambling, Maryland, MGM Resorts International, New Hampshire, New Jersey, Pennsylvania, Problem gambling, Regulation, Rhode Island, Seminole Tribe, Sports betting, Taxes, Vermont | Comments Off on Big Gaming gets its chain yanked, not always unfairly

A big win for DeSantis; Churchill Downs fired; Mega-Jottings

Posted on July 3, 2023 by David McKee

Private-sector gambling operators got some very bad news from the District of Columbia Circuit of the U.S. Court of Appeals. The latter, in a very broad construal of the Indian Gaming Regulatory Act, ruled that the Seminole Tribe—and by implication, … Continue reading →

Posted in Alex Meruelo, Arizona, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Dining, Donald Trump, DraftKings, Eldorado Resorts, Entertainment, FanDuel, Florida, Fontainebleau, Golden Nugget, Hard Rock International, Illinois, Internet gambling, Jack Entertainment, Marketing, MGM Resorts International, New Hampshire, New York, Ohio, Penn National, Pennsylvania, Politics, Real Estate, Regulation, Reno, Rush Street Gaming, Seminole Tribe, Sports betting, Technology, The Strip, Tribal, TV, Wynn Resorts | 1 Comment

All Atlantic City, all the time; Gone to the dogs; Mega-Jottings

Posted on June 20, 2023 by David McKee

Although terrestrial casino revenue dipped 2.5% last month, New Jersey casinos made out like bandits online, with i-gambling up 19% and sports betting leapt 33.5%. In Atlantic City the gross was $227 million at traditional casinos, as a sharp decline … Continue reading →

Posted in Animals, Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Chicago, DraftKings, El Cortez, Election, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Movies, Nebraska, New York, North Carolina, Ocean Resort, Pennsylvania, PointsBet, Politics, Reno, Rhode Island, Rush Street Gaming, Slot routes, Sports betting, The Strip, Transportation, Tribal, Vermont, Vici Properties, Virginia, Wall Street, West Virginia, WInd Creek, Wynn Resorts | 3 Comments

Trop’s fate sealed; Massachusetts up, Louisiana down

Posted on June 16, 2023 by David McKee

Now that the fix is in for the Oakland Athletics to get a vanity stadium in Las Vegas, the bosses of the Tropicana Las Vegas are losing no time in getting what’s really important: Imploding the old girl. Of course, … Continue reading →

Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, DraftKings, Fanatics, FanDuel, Golden Nugget, Illinois, Louisiana, LVCVA, Massachusetts, MGM Resorts International, Penn National, PointsBet, Politics, Regulation, Sports betting, The Strip, Vici Properties, Wall Street, Wynn Resorts | Comments Off on Trop’s fate sealed; Massachusetts up, Louisiana down

Indiana, Missouri down; Mega-Jottings

Posted on June 12, 2023 by David McKee

Indiana has joined the growing litany of states with disappointing May casino receipts. The statewide gross of $196.5 million represented a 7% drop-off from last year at this time. Only two casinos defied the trend. French Lick Resort leapt 14.5% … Continue reading →

Posted in Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, Century Casinos, Downtown, DraftKings, Election, FanDuel, Full House Resorts, Galaxy Entertainment, Genting, Hard Rock International, Indiana, International, Kentucky, Marketing, Maryland, MGM Resorts International, Missouri, New York, Penn National, PointsBet, Regulation, San Manuel Band of Mission Indians, Sports betting, Star Entertainment, Tamares Group, Tribal, Virginia, Wall Street, Wynn Resorts | Comments Off on Indiana, Missouri down; Mega-Jottings

Maryland droops; Boardwalk bulletin; Barstool blunder

Posted on June 8, 2023 by David McKee

Mr. & Mrs. America’s torrid, post-pandemic love affair with casino gambling is finally cooling. It’s not cause for alarm, as we knew this was coming—in fact, it was expected to happen much sooner. And while players are dropping less at … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, Fanatics, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Health, Illinois, LVCVA, Marijuana, Maryland, Massachusetts, MGM Resorts International, Nevada, Penn National, Politics, Problem gambling, Regulation, Sports, Sports betting, The Strip, West Virginia | 5 Comments

Stupid political antics; Baseball boondoggle; Mega-Jottings

Posted on June 5, 2023 by David McKee

American Gaming Association President Bill Miller likes to say—and quite rightly—that communities should welcome casinos because Big Gaming is willing to pay big taxes. Until now, that is. Las Vegas Sands has barely planted its flag in Nassau, New York, … Continue reading →

Posted in Architecture, Atlantic City, Australia, Bally, Baseball, California, Cretins, Crown Resorts, Health, IGT, Las Vegas Sands, Macau, MGM Resorts International, Money laundering, New York, North Carolina, Politics, Rhode Island, Slot routes, Sports betting, Taxes, The Strip, Tourism, Tribal, Washington State, Wynn Resorts | 2 Comments

Ohio cools a bit; On the Boardwalk; Regulatory fist-shaking

Posted on June 1, 2023 by David McKee

Casino revenues are finally cooling off around the country, later than Wall Street expected. Ohio was down 5% last month, reaching $204.5 million—yet still 28% higher than pre-Covid April 2019. So the sky is definitely not falling. Two racinos defied … Continue reading →

Posted in Architecture, Arizona, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, Donald Trump, DraftKings, Economy, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Health, history, Hooters, International, Internet gambling, Jack Entertainment, Law enforcement, Louisiana, Massachusetts, MGM Resorts International, Ohio, Penn National, Sports, Sports betting, Tribal, Trump Entertainment Resorts | Comments Off on Ohio cools a bit; On the Boardwalk; Regulatory fist-shaking

Wynn, Caesars jostle in New York City; Penis envy

Posted on May 30, 2023 by David McKee

With a rival Coney Island casino proposal TKO’d and Steve Cohen‘s Citi Field one on the ropes, Wynn Resorts is stepping up its push for getting the brass ring at Manhattan‘s Hudson Yards area, adjacent to the Javits Center. A … Continue reading →

Posted in Alabama, Architecture, Arizona, Atlantic City, Australia, Bally, Boyd Gaming, Caesars Entertainment, Charity, China, CityCenter, Crown Resorts, Culinary Union, Diversity, Genting, Health, James Packer, Las Vegas Sands, Law enforcement, Louisiana, Macau, Marketing, Maverick Gaming, MGM Resorts International, Michigan, Mohegan Sun, Money laundering, New York, Ohio, Politics, Regulation, Reno, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wynn Resorts | 3 Comments

Las Vegas A-Z; Bally’s bumbles; Smoke gets in your face

Posted on May 23, 2023 by David McKee

Last week, Deutsche Bank analyst Carlo Santarelli hit town and gave a rundown of the major players in Sin City. His overall theses can be found at CDC Gaming Reports. Basically, it boiled down to Macao great, Las Vegas Strip … Continue reading →

Posted in Bally, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Conventions, Dining, Diversity, Donald Trump, Economy, Fontainebleau, Health, Indiana, Internet gambling, Kansas, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Mississippi, New York, North Las Vegas, Ohio, Politics, Sports betting, Station Casinos, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts | Comments Off on Las Vegas A-Z; Bally’s bumbles; Smoke gets in your face

All Atlantic City, all the time; Bally’s blunder

Posted on May 17, 2023 by David McKee

Casino winnings in Atlantic City dipped a bit last month, down 1.5% to $231.5 million. Slot revenues led the way, down 3% on flat coin-in. Table games actually did better, up 3% despite flat wagering but A.C. is a slot … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Detroit, Dining, DraftKings, Entertainment, Environment, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Illitch Family, Internet gambling, Lake Tahoe, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, PointsBet, Rush Street Gaming, The Strip, Wynn Resorts | 1 Comment

Massachusetts up, Indiana, Louisiana down; Miller’s folly

Posted on May 16, 2023 by David McKee

Gambling revenues nudged upward a bit in Massachusetts, rising 2% from a year earlier. April’s numbers had Encore Boston Harbor far in the lead with $64 million but flat year/year. MGM Springfield (shown) had quite a good month, up 5% … Continue reading →

Posted in AGA, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Culinary Union, DraftKings, Entertainment, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Health, Indiana, International, Internet gambling, Law enforcement, Louisiana, Massachusetts, MGM Resorts International, New York, Penn National, PointsBet, Rush Street Gaming, Sports betting, Station Casinos, The Strip, Tribal, United Kingdom, Wynn Resorts | Comments Off on Massachusetts up, Indiana, Louisiana down; Miller’s folly

Portnoy torches Penn; Station “outstanding”; DraftKings improves; Alabama betting brouhaha; Derby gone to the dogs

Posted on May 5, 2023 by David McKee

Penn Entertainment stock collapsed 13% Wednesday afternoon after Barstool Sports founder Dave Portnoy took to Twitter to rant and rave about the firing of Ben Mintz, a ‘Stool fool who dropped the N-word on air for all the world to … Continue reading →

Posted in Alabama, Animals, Barstool Sports, Baseball, Caesars Entertainment, California, Canada, Churchill Downs, Cordish Co., Cretins, DraftKings, Golden Gaming, Horseracing, Illinois, Internet gambling, Marketing, Maryland, Massachusetts, MGM Resorts International, North Las Vegas, Ohio, Penn National, Sports, Sports betting, Station Casinos, The Mob, The Strip, Wall Street, West Virginia | Comments Off on Portnoy torches Penn; Station “outstanding”; DraftKings improves; Alabama betting brouhaha; Derby gone to the dogs