Category Archives: Mississippi

Quote of the Day

Posted on November 16, 2018 by David McKee

“If he invited me to a public hanging, I’d be on the front row.” — Mississippi Sen. Cindy Hyde-Smith (R) about opponent Mike Espy (D). The latter is African-American.

Posted in Cretins, Mississippi | 1 Comment

CG Technology in peril; Big first for New Mexico

Posted on November 14, 2018 by David McKee

GC Technology (formerly Cantor Gaming) hopes it can mollify the wrath of the Nevada Gaming Control Board with a $1.75 million settlement offer. CG is a repeat offender in the Silver State, which means that all options are on the table, … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Cantor Gaming, Cosmopolitan, Dining, Hard Rock Hotel, Internet gambling, Las Vegas Sands, M Resort, MGM Resorts International, Mississippi, New Mexico, Palms, Penn National, Problem gambling, Regulation, Sports, Sports betting, Station Casinos, The Strip, Tribal | Comments Off

Sports books get thumped; National Harbor rules

Posted on November 6, 2018 by David McKee

Nevada sports books are reeling from an NFL Week 9 that stands to see them lose as little as $7 million and as much as $10 million. Bettors, meanwhile, are crying all the way to the bank. Among the games … Continue reading →

Posted in Arkansas, Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Hill, Cordish Co., Election, Golden Gaming, Hard Rock International, Maryland, MGM Resorts International, Mississippi, Nevada, New Jersey, Penn National, Regulation, Sports, Sports betting, Station Casinos, Taxes, Warner Gaming | 1 Comment

Promising horizon for Penn; Frissora exiting Caesars

Posted on November 2, 2018 by David McKee

Penn National Gaming came in from 3Q18 below Wall Street‘s expectations but JP Morgan analyst Joseph Greff defends the company, citing high expectations of free cash flow in 2019 (12%) and 2020 (20%), even after capex reinvestments. The addition of … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Illinois, Lucky Dragon, Macau, Marketing, Massachusetts, Mississippi, Ohio, Pennsylvania, Sports betting, Tilman Fertitta, Wall Street, West Virginia | Comments Off

Wisdom from G2E; Sisolak lights up

Posted on October 10, 2018 by David McKee

This week’s Global Gaming Expo gives Wall Street analysts plenty of time to sniff around the big gaming operators and manufacturers, trying to suss out trends. Credit Suisse analyst Cameron McKnight, the new kid on the block, says that 3Q18 … Continue reading →

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Economy, Eldorado Resorts, Election, G2E, GLPI, Golden Gaming, Illinois, Indiana, Isle of Capri, Las Vegas Sands, Macau, Mandalay Bay Massacre, Marijuana, Marketing, MGM Resorts International, Mississippi, Nevada, Palms, Penn National, Sports, Station Casinos, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment, Wall Street | Comments Off

Caesars hailed; Wynn Resorts for sale?

Posted on September 11, 2018 by David McKee

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

Swarming the sports books; The curious case of Stonewall Park

Posted on September 4, 2018 by David McKee

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

“A quarter to forget”

Posted on August 21, 2018 by David McKee

That’s what JP Morgan analyst Joseph Greff had to say about 2Q18, adding, “The 2Q18 earnings reporting period in late July/early August was one of the worst in recent memory for U.S. Gaming as stocks with strong earnings/outlooks saw modest … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Economy, Eldorado Resorts, Environment, MGM Resorts International, Mississippi, Nevada, Penn National, Sports, Sports betting, Station Casinos, Tribal, Wall Street, West Virginia, Wisconsin | Comments Off

MGM, Boyd make sports-betting pact; Win-win for Dover Downs

Posted on July 31, 2018 by David McKee

“We are in an envious position when it comes to this growth opportunity. Few companies can match our 40 plus years of experience in sports wagering, our significant sports betting infrastructure here in Nevada and our growing geographical footprint across … Continue reading →

Posted in Arkansas, Colorado, Delaware, Election, Greenwood Racing, Illinois, Indiana, Internet gambling, Iowa, Kansas, Louisiana, Massachusetts, MGM Resorts International, Mississippi, Missouri, Neil Bluhm, Ohio, Pennsylvania, Racinos, Regulation, Rhode Island, Sports betting, Taxes, Tribal, Wall Street | 1 Comment

MGM lawsuit shaky; Sports betting slow to gain traction

Posted on July 24, 2018 by David McKee

If MGM Resorts International thinks its federal lawsuit against victims of the Mandalay Bay Massacre will be a speedy way of disposing of all pending cases, it may be in for a rude surprise. Legal experts say the matter could … Continue reading →

Posted in Japan, Law enforcement, Macau, Mandalay Bay Massacre, MGM Resorts International, Mississippi, Ohio, Regulation, Sports, Sports betting | Comments Off

MGM: Time to buy; Arkansas casinos one step closer

Posted on July 11, 2018 by David McKee

As of today, Hard Rock Rocksino, in Ohio, is official part of MGM Growth Properties. However, until MGP finds a new tenant, Hard Rock International will continue to run the place. It’s a win-win for Hard Rock and MGP. For … Continue reading →

Posted in Arkansas, Atlantic City, Dining, Election, Genting, Hard Rock International, history, Las Vegas Sands, Macau, MGM Mirage, Mississippi, Ohio, The Strip, Wall Street | Comments Off

Churchill Downs deal goes south; Robocops at Pechanga

Posted on July 10, 2018 by David McKee

Early yesterday, Churchill Downs and Eldorado Resorts announced that they were deep-sixing the sale of Eldorado’s Lady Luck Vicksburg, although Churchill Downs’ purchase of Presque Isle Downs remains in play. Evidently, Churchill Downs was uncomfortable with Federal Trade Commission inquiries … Continue reading →

Posted in Arizona, Caesars Entertainment, California, Churchill Downs, Eldorado Resorts, Environment, Mandalay Bay Massacre, Marijuana, Minnesota, Mississippi, Nevada, Pennsylvania, Regulation, Security, Sports betting, Technology, Tribal, Wall Street, World Series of Poker | Comments Off

Penn outperforms in Massachusetts; Horse sense in Indiana

Posted on June 28, 2018 by David McKee

Penn National Gaming had a happy surprise for the Massachusetts Gaming Commission when the latter dropped by Plainridge Park for a look-see. The racino, which the Boston Globe long tried to paint as a failure, has just come off its … Continue reading →

Posted in Boyd Gaming, Centaur Gaming, Downtown, Economy, Eldorado Resorts, Entertainment, Harrah's, Horseracing, Indiana, International, Japan, Law enforcement, Louisiana, Marijuana, Marketing, Massachusetts, Mississippi, Penn National, Pennsylvania, Pinnacle Entertainment, Planet Hollywood, Regulation, Singapore, Taxes, The Strip, Tourism, Wall Street | Comments Off

East Windsor, Take Two; MGM, Sands eat Ho’s lunch

Posted on June 15, 2018 by David McKee

“From the start, we pledged to create a world class facility that will be a draw for people throughout the entire region,” said Mashantucket Tribal Chairman Rodney Butler of the tribe’s satellite casino in East Windsor. Nice try, Mr. Chairman, … Continue reading →

Posted in Architecture, Foxwoods, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Mirage, Mississippi, Mohegan Sun, Problem gambling, Regulation, Sheldon Adelson, Tourism, Transportation, Tribal, TV | Comments Off

New Jersey ready for action; Strip club upstages Hard Rock

Posted on June 13, 2018 by David McKee

New Jersey Gov. Phil Murphy (D) still plans to place his first sports wager at Monmouth Park tomorrow but Borgata is trying to crash the party. The megaresort issued a statement saying “we are moving ahead with all possible speed … Continue reading →

Posted in Atlantic City, Delaware, Hard Rock International, Illinois, International, Internet gambling, Macau, Massachusetts, MGM Mirage, Mississippi, Nevada, Pennsylvania, Racinos, Sociedade de Jogos de Macau, Sports, Stanley Ho, Taxes, The Strip, Tilman Fertitta, Tourism, West Virginia, Wynn Resorts | 1 Comment

Churchill Downs hearts casinos; Cleveland still not rocking

Posted on June 8, 2018 by David McKee

Churchill Downs is going all-in on sports betting, planning to leverage its (soon-to-be) access to the Pennsylvania and Mississippi markets, plus its relationship with the Golden Nugget in Atlantic City. However, the sky-high tax rate (34%) in Pennsylvania may translate … Continue reading →

Posted in Atlantic City, Churchill Downs, Dan Gilbert, Eldorado Resorts, GLPI, Hard Rock International, International, Kentucky, Law enforcement, Macau, MGM Mirage, Mississippi, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sociedade de Jogos de Macau, Sports, Taxes, Wall Street | Comments Off

Delaware leads the way; Las Vegas tourism rebounds

Posted on June 6, 2018 by David McKee

A Delaware sports book took 36 bets in its first 20 minutes of operation yesterday, making it the first state outside Nevada to capitalize on the Supreme Court‘s recent legitimization of sports wagering. “In New York, we would go right to the … Continue reading →

Posted in Atlantic City, Culinary Union, Delaware, Florida, Hard Rock International, Harrah's, MGM Mirage, Mississippi, Nevada, New York, Pennsylvania, Reno, Seminole Tribe, Sports, Taxes, The Strip, Tourism, Tribal, Wall Street, West Virginia | Comments Off

Las Vegas thrives; Palms ad backfires

Posted on May 30, 2018 by David McKee

Yesterday, we spotlit the Debbie Downer view of Las Vegas of one online columnist. And while a lengthy slide in visitation numbers remains a concern, dark and anecdotal snapshots of Sin City are contradicted by the numbers. The latter are … Continue reading →

Posted in Boyd Gaming, Cosmopolitan, Eldorado Resorts, George Maloof, Harrah's, Horseracing, Illinois, Indiana, Laughlin, Macau, Marketing, MGM Mirage, Mississippi, Palms, Pennsylvania, Politics, Racinos, Reno, Sheldon Adelson, Slot routes, Station Casinos, Tribal, Wall Street, Wynn Resorts | 2 Comments

Strip land values skyrocket; Second chance for Margaritaville

Posted on May 24, 2018 by David McKee

In a deal not seen since the giddiness of 2007, someone is expected $34 million an acre for Strip land, for a grand total of $540 million. The property in question is a collection of parcels wedged between Planet Hollywood to … Continue reading →

Posted in Atlantic City, Foxwoods, history, IGT, Mississippi, Planet Hollywood, Technology, The Strip, Transportation | 3 Comments

Smashing concept at Palms; Strike vote today

Posted on May 22, 2018 by David McKee

Station Casinos is firing up the marketing machine for the rollout of its $620 million re-do of the Palms. The new ad campaign is branded “From Dust to Gold” and is heavy on the smashing of glitzy objects. Whether gleeful … Continue reading →

Posted in Culinary Union, Current, Economy, George Maloof, history, Internet gambling, LVCVA, Marketing, Mississippi, Sports, Station Casinos, The Strip | Comments Off