-
Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
Categories
@Stiffs_Georges
Error: Invalid or expired token.-
Archives
Recent Comments
- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
Views
- Sibella scandal spreads; Supremes forestall Seminoles - 56,316 views
- You can’t fix stupid; Good-bad news on the bayou - 56,218 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,642 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,577 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,558 views
- Profit vs. investment on the Strip - 1,055,337 views
- Lame nag; Frissora overpaid? - 578,471 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,467 views
- That casino smell - 63,592 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,100 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,682 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,100 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,731 views
Blogroll
Admin.
Category Archives: MGM Resorts International
Maryland & other case bets
Growth in Maryland continued last month, if not at the spectacular rates we’ve seen previously. Gaming revenue rose 7% to $144 million. The leader, of course, was MGM National Harbor, jumping 10% to $54.5 million, which translates to $1.8 million/day. … Continue reading
Posted in Affinity Gaming, Atlantic City, Caesars Entertainment, California, Charity, Churchill Downs, Cordish Co., Florida, Golden Gaming, Macau, Maryland, MGM Resorts International, Mohegan Sun, New York, Penn National, Rush Street Gaming, Sports, Technology, Tribal, West Virginia
Comments Off on Maryland & other case bets
Hard Rock A.C. changes bosses; Westworld, the casino
It was our impression that Hard Rock Atlantic City was firing on all cylinders. Imagine our surprise to read that prexy Matt Harkness (pictured) was out and veteran Joe Lupo had taken his place. Harkness came to Hard Rock from … Continue reading
Follow that puck!; Connecticut casino nixed
$216 million. That’s how much sports betting will be worth to the NHL, according to the American Gaming Association‘s Sara Slane. The new revenue will be achieved “as a result of spending from betting operators on advertising, data and sponsorship … Continue reading
Posted in AGA, Economy, Foxwoods, Full House Resorts, Greenwood Racing, Indiana, International, Internet gambling, Kentucky, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Oregon, Pennsylvania, Regulation, Reno, Rush Street Gaming, Sports, Sports betting, Transportation
Comments Off on Follow that puck!; Connecticut casino nixed
Congress: Listen to the ladies (it’s not what you think)
We predicted a kangaroo court for sports betting on Capitol Hill last week and our fears were confirmed when influential Rep. James Sensenbrenner opined that “We’re going to be in for huge amounts of trouble in the future.” Nothing like stacking … Continue reading
Posted in AGA, Economy, G2E, Internet gambling, Law enforcement, Macau, Marketing, Massachusetts, MGM Resorts International, Movies, Politics, Regulation, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Technology, The Strip, Wynn Resorts
Comments Off on Congress: Listen to the ladies (it’s not what you think)
Mohegan Sun shines
Congratulations to Mohegan Sun on being named ‘Best Hotel’ by readers of USA Today. I’ve never stayed there but would reckon this is quite a coup and shows yet again that tribal casinos don’t yield the palm to private-sector ones … Continue reading
Posted in Alex Meruelo, Atlantic City, Boyd Gaming, Caesars Entertainment, California, CityCenter, Derek Stevens, Dining, Downtown, Economy, Foxwoods, Las Vegas Sands, Louisiana, Marketing, MGM Resorts International, Mohegan Sun, New York, Penn National, Pinnacle Entertainment, Reno, Resort fees, Sheldon Adelson, Station Casinos, Tamares Group, The Strip, Tilman Fertitta, Tribal, Wynn Resorts
2 Comments
Federal sports-betting regulation bombs
At least one woman was treated with respect yesterday on Capitol Hill and that was the American Gaming Association‘s Sara Slane. We reviewed her prepared testimony yesterday. “Because of the active, robust state and regulatory tribal gaming oversight, gaming is one … Continue reading
Posted in AGA, Current, Economy, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Nevada, Politics, Regulation, Sports betting, The Strip
Comments Off on Federal sports-betting regulation bombs
Dog days on the Strip
August numbers are in and casinos on the Las Vegas Strip tanked, down 12.5%. Credit Suisse analyst Cameron McKnight called this result “not as bad as feared,” which prompts one to wonder what a worst-case scenario would look like. The … Continue reading
MGM: Riding out the storm
As Golden Week nears in Macao, hotel rooms are sold out at all Wynn Macau properties. MGM Grand Paradise has one night open while struggling MGM Cotai has three nights of vacancies (and this without its full complement of rooms). … Continue reading
MGM Springfield a hit; Prolonged anxiety for Wynn
We’ve become so inured to casinos highballing attendance figures that it comes as a pleasant surprise when one opens to business that exceeds expectations. Such is the case with MGM Springfield, which is seeing 50,000 customers per weekend day and … Continue reading
Posted in Dining, Entertainment, Environment, Foxwoods, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wynn Resorts
Comments Off on MGM Springfield a hit; Prolonged anxiety for Wynn
MGM cuts the cheese; Adelson has a heart
Earlier this week MGM Resorts International made a flatulent public-relations move. It offered, in lieu of siccing process servers on some 1,000 Mandalay Bay Massacre victims, that it would donate $500 each to charity. That’s right: A company that made … Continue reading
Atlantic City booms
Casino revenues in Atlantic City were up an astounding 21% in August, with only a 2% decrease in revenue at the incumbent gambling houses. Sports betting was also a hit, grossing $95 million. (Some predict it could surpass Las Vegas … Continue reading
Posted in Atlantic City, Bruce Deifik, Caesars Entertainment, Dan Gilbert, Detroit, Economy, Eldorado Resorts, Greenwood Racing, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Penn National, Pinnacle Entertainment, Resort fees, Rush Street Gaming, Tilman Fertitta, Tropicana Entertainment, Wall Street
2 Comments
Case Bets
Remember the XFL? NFL Europe? The USFL? Well here comes the Alliance of American Football, a springtime league with teams from Orlando to San Diego. A three-year corporate sponsor will be MGM Resorts International. We don’t often go against CEO … Continue reading
Hot in August
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
Caesars hailed; Wynn Resorts for sale?
Credit Suisse has initiated coverage of Caesars Entertainment, citing it as its “Top Pick” in the gaming sector. Why? “It recently re-emerged from bankruptcy and is one of the largest US gaming operators, with eight Las Vegas Strip and 22 … Continue reading
Posted in Atlantic City, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Elaine Wynn, Hawaii, Indiana, Louisiana, Macau, Marketing, MGM Resorts International, Mississippi, Nevada, Steve Wynn, The Strip, Wall Street, Wynn Resorts
Comments Off on Caesars hailed; Wynn Resorts for sale?
Resort fees rethought; Yokohama rejects casinos
Congratulations, Scott Roeben. Analyst Cameron McKnight of Credit Suisse is a Vital Vegas reader and cites it in his latest investor note. He also mentions a publication with which I’m not familiar, LV Locally, when writing “that several Las Vegas … Continue reading
Dispatches from the front lines
Already MGM Springfield is spurring external economic stimulus in Springfield. A new (and rather fugly) Hilton has been proposed for an adjacent site, costing $15 million and boasting 100 hotel rooms once finished. For the city, the cancellation of MGM’s planned hotel … Continue reading
Posted in Economy, Entertainment, Environment, history, Massachusetts, MGM Resorts International, Minnesota, Penn National, Rhode Island, The Strip, Tribal
Comments Off on Dispatches from the front lines
Titanic exhibit in peril; It’s Greek to them
Luxor‘s display of Titanic relics has hit an iceberg in the form of a bankruptcy court auction against owner Premier Exhibitions. It’s likely the collection will be kept intact, not dispersed to the four winds, although the latter might be … Continue reading
Posted in Australia, Caesars Entertainment, Downtown, Hard Rock International, history, International, Las Vegas Sands, Marijuana, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Movies, Penn National, Regulation, Sports betting, Taxes, The Strip, TV, Wall Street, West Virginia
Comments Off on Titanic exhibit in peril; It’s Greek to them
Swarming the sports books; The curious case of Stonewall Park
In a development that is sure to be followed with interest by sports book operators, predictive system Swarm AI outdid human oddsmakers in a trial run. During a 20-week slice of the NHL season, Swarm AI correctly predicted the outcome … Continue reading
Posted in history, Macau, MGM Resorts International, Mississippi, Nevada, Regulation, Reno, Sports betting, Technology, Tilman Fertitta, Wall Street
Comments Off on Swarming the sports books; The curious case of Stonewall Park
Quote of the Day
“What we don’t want to do is anything that diminishes the customer experience, because then they won’t be coming back.” — MGM Resorts International CEO Jim Murren during his latest investor call. So you’ll be clawing back those resort and … Continue reading
Posted in MGM Resorts International, Resort fees, The Strip
2 Comments
A lonely July; Schumer would put leagues in charge
A clearer picture of the Las Vegas Strip in July is emerging, as visitation was 3.5% lower, dragging room revenue down 7.5% with it. Yes, the house got beaten badly at baccarat, but other factors were at work in the … Continue reading
Posted in Atlantic City, Economy, Foxwoods, Internet gambling, Massachusetts, MGM Resorts International, Mohegan Sun, Oklahoma, Penn National, Politics, Sports, Sports betting, The Strip, Tilman Fertitta, Tribal
Comments Off on A lonely July; Schumer would put leagues in charge