Category Archives: Missouri

Sports betting back on in Florida; Genting tipped for Japan

Posted on January 7, 2020 by David McKee

Although Florida voters thought they were cutting the Lege out of gambling legalization, lawmakers may have found a way to weasel their way back in, at least as concerns sports betting. The Sunshine State’s constitution now forbids the Lege from … Continue reading →

Posted in AGA, China, FanDuel, Florida, Galaxy Entertainment, Genting, Japan, Law enforcement, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Movies, New Jersey, New York, Politics, Regulation, Seminole Tribe, Sheldon Adelson, Singapore, Slot routes, Sports, Sports betting, Taxes, Texas, The Strip, Transportation | Comments Off

New Year’s Eve Jottings

Posted on December 31, 2019 by David McKee

Jottings: Eldorado Resorts is taking care of some unfinished business while the Caesars Entertainment merger goes through. It’s reported to be close to settling a lawsuit with Isle of Capri Boonville workers who were litigating the company over time-card-protocol violations … … Continue reading →

Posted in Caesars Entertainment, Dining, Eldorado Resorts, Missouri, The Mob, The Strip | 2 Comments

Looking for love in Macao; Resorts World LV’s big bet

Posted on December 12, 2019 by David McKee

“All of the juice has been squeezed out of the orange. Macao is starting to resemble more mature competitive markets such as Las Vegas and Atlantic City.” Ouch! That was Bloomberg Intelligence contributing analyst David Bonnet, taking an exceptionally gloomy view … Continue reading →

Posted in Architecture, Atlantic City, Century Casinos, Economy, Genting, Hard Rock International, Japan, Las Vegas Sands, Macau, Missouri, Mohegan Sun, New Jersey, Oklahoma, Philippines, Rush Street Gaming, South Korea, Taxes, The Strip, Transportation, Tribal, Vietnam | 2 Comments

Penn a solid bet; New Year’s Eve in Vegas could be better

Posted on December 11, 2019 by David McKee

Penn National Gaming got a rave review from J.P. Morgan gaming analyst Joseph Greff, who wrote that ” we continue to believe PENN offers a favorable risk/reward with an attractive valuation.” Strong fundamentals in the regional-gaming sphere were cited, as … Continue reading →

Posted in Entertainment, Japan, Massachusetts, Missouri, Nevada, Ohio, Penn National, Pinnacle Entertainment, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Taxes, The Strip, Wall Street, Wynn Resorts | 2 Comments

New angle on sports betting; Slot-route throw down in Missouri

Posted on December 9, 2019 by David McKee

Look out FanDuel and DraftKings: Here comes Tradesports. It’s a new wrinkle on U.S. sports wagering: a betting exchange. Say the New England Patriots are playing against the Kansas City Chiefs and you’ve got money on the Pats. Theoretically, you can … Continue reading →

Posted in Canada, Derek Stevens, Downtown, International, Macau, Missouri, Mohegan Sun, Regulation, Slot routes, Sports betting, Technology, Wall Street, Wynn Resorts | Comments Off

Big bounce at IGT; Cosmo revises restaurant lineup

Posted on November 15, 2019 by David McKee

“What’s 23% Between Friends?” So asked Credit Suisse analyst Ben Combes as he reported on International Game Technology‘s 3Q19 earnings call. IGT’s $407 million in cash flow exceeded consensus Wall Street expectations by 3%. IGT stock vaulted 23% on the … Continue reading →

Posted in Caesars Entertainment, Cosmopolitan, Delaware, Detroit, Dining, Entertainment, Genting, history, IGT, Indiana, International, Las Vegas Raiders, Lotteries, M Resort, MGM Resorts International, Missouri, New York, Penn National, Sports betting, Taxes, The Strip, TV, Wall Street | Comments Off

What’s in a day?

Posted on October 10, 2019 by David McKee

Ohio and Illinois weathered a September with one less weekend day just fine. Indiana and Missouri, not so much. The Hoosier State was down 2.5% (on a weak comparison). The gross was $173 million. There were some big swings and … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Eldorado Resorts, Full House Resorts, Indiana, Missouri, Penn National, Racinos, Spectacle Entertainment, Tropicana Entertainment | Comments Off

Illegal slots run amuck in Missouri

Posted on October 1, 2019 by David McKee

With the casino industry so entrenched in Missouri you wouldn’t think there was a market for black-market slots. You’d think wrongly. The Missouri Gaming Commission has received 84 complaints alleging 200 instances of rogue machines. Casinos aren’t the only ones … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Florida, Horseracing, Law enforcement, Lotteries, MGM Resorts International, Missouri, Mohegan Sun, Ocean Resort, Politics, Racinos, Regulation, Technology | Comments Off

Ohio gallops, Missouri trots

Posted on September 10, 2019 by David McKee

Ohio gambling revenues were up 4% last month, coming in at $164.5 million. Most of that was driven by a particularly good month at the racinos. Hollywood Columbus‘ $19 million represented a 4% gain while Hollywood Toledo hauled in $17 … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Dan Gilbert, Eldorado Resorts, Horseracing, MGM Resorts International, Missouri, Ohio, Penn National | 1 Comment

Rough month in Indiana, rougher in Missouri

Posted on August 12, 2019 by David McKee

Indiana gaming revenues nosed down 3% last month, for a total gross of $181 million. JP Morgan analyst Joseph Greff blames it on adverse weather from Hurricane Barry, plus intensified competition in the Louisville area. Both racinos were revenue-positive, with Hoosier … Continue reading →

Posted in Architecture, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Eldorado Resorts, Entertainment, Environment, Full House Resorts, Genting, Indiana, Kentucky, Massachusetts, MGM Resorts International, Missouri, Penn National, Spectacle Entertainment, The Strip, Tribal, Wynn Resorts | Comments Off

Eldorado’s clearance sale

Posted on July 15, 2019 by David McKee

Eldorado Resorts continues to slim down as it prepares for a takeover of Caesars Entertainment. Assuming the deal as a fait accompli, it is ditching Isle of Capri Kansas City in favor of Harrah’s North Kansas City. It is also … Continue reading →

Posted in Arkansas, Caesars Entertainment, Carl Icahn, Eldorado Resorts, International, Japan, Mississippi, Missouri, Sports betting, Technology, Tribal, Twin River, William Hill | Comments Off

Eldorado backpedals; Casinos for Nebraska in 2020?

Posted on July 3, 2019 by David McKee

While the consummation of the Eldorado Resorts/Caesars Entertainment marriage has yet to occur, already Eldorado CEO Tom Reeg is walking back some of his prenuptial promises. “I think that there’s more Strip exposure than we would need to accomplish our goals … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Dining, Eldorado Resorts, Election, Florida, Hard Rock International, Iowa, Japan, Macau, Missouri, Nebraska, Ocean Resort, Planet Hollywood, Seminole Tribe, The Strip, Wall Street | 2 Comments

Dotty’s to rescue Moulin Rouge; Hard Rock’s big plans

Posted on June 27, 2019 by David McKee

Bonafide rescue may be in sight for the acreage upon which the Moulin Rouge once stood. Dotty’s may use some of its considerable cash flow to buy up the land and the Las Vegas City Council is sufficiently eager to … Continue reading →

Posted in Architecture, Dotty's, Downtown, e-sports, Entertainment, Hard Rock International, International, Law enforcement, Lotteries, Massachusetts, MGM Resorts International, Missouri, Moulin Rouge, The Strip, Wynn Resorts | 1 Comment

Encore ready for its closeup; Reinventing Reno

Posted on June 19, 2019 by David McKee

“Industrial afterthought” Everett becomes home to a five-star casino-hotel starting Sunday. Encore Boston Harbor is obviously optimistic, judging by the $650/night base room rate. Of the three gambling-enabled Massachusetts locales, parent company Wynn Resorts got the plum and now it … Continue reading →

Posted in Economy, Galaxy Entertainment, Kansas, Las Vegas Sands, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Planet Hollywood, Reno, Sociedade de Jogos de Macau, Taxes, Wynn Resorts | Comments Off

Merry month of May in Ohio, Missouri; MGM debuts “Hunger Games”

Posted on June 10, 2019 by David McKee

Casino revenues were booming last month in Ohio, leaping 10.5% to $169.5 million. People flocked to the racinos, which vaulted 13%. Hollywood Columbus gained 2% to $19 million and Hollywood Toledo inched 1% to almost $18 million. As for the … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Eldorado Resorts, MGM Resorts International, Missouri, Movies, Ohio, Penn National, The Strip | Comments Off

Caesars deal takes shape; Carlino out at Penn

Posted on June 10, 2019 by David McKee

We hope Anthony Rodio isn’t getting too comfy in his CEO chair over at Caesars Entertainment. News reports have been heating up about at Caesars takeover, with Eldorado Resorts continuing to have the inside track and reportedly planning to replace … Continue reading →

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Carl Icahn, DFS, Eldorado Resorts, Entertainment, GLPI, Iowa, Missouri, Neil Bluhm, Nevada, Penn National, Phil Ruffin, Problem gambling, Tilman Fertitta, Wall Street | 2 Comments

The value of a dollar & other Case Bets

Posted on May 28, 2019 by David McKee

If you’re making up your casino budget, you might want to stay away from Atlantic City or New York State, where a dollar has only the buying power of 87 or 88 cents. By contrast, the same dollar spent in … Continue reading →

Posted in Atlantic City, Cosmopolitan, Derek Stevens, Economy, Hawaii, history, Indiana, MGM Resorts International, Michigan, Mississippi, Missouri, Nevada, New York, Ohio, Sports betting, The Strip, TV, William Hill | Comments Off

Snakes in a casino & other Case Bets

Posted on May 16, 2019 by David McKee

Well, I’m never setting foot in Binion’s Gambling Hall again. A butt-ugly (but evidently non-poisonous) snake got in and made itself comfy in the roulette wheel. Security merely escorted the reptile inside, so there’s no telling whether there will be … Continue reading →

Posted in Animals, Caesars Entertainment, Charity, Derek Stevens, Downtown, Economy, Environment, Marketing, MGM Resorts International, Missouri, Nevada, Problem gambling, Real Estate, Technology, Transportation | Comments Off

Macao saves Wynn; Soaked in Missouri

Posted on May 10, 2019 by David McKee

If it were just a question of Las Vegas Strip performance, Wynn Resorts would have very little good news to report. Gross gaming revenue ($166 million) was down 19% in 1Q19, its impact softened by an 11% increase in slot … Continue reading →

Posted in Affinity Gaming, Boyd Gaming, Caesars Entertainment, Connecticut, Eldorado Resorts, Foxwoods, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Mohegan Sun, Penn National, Politics, Sports betting, The Strip, Wall Street, Wynn Resorts | Comments Off

Solid month for Maryland; Casino sale aborted

Posted on May 7, 2019 by David McKee

Maryland casino revenues inched up to $145 million last month, led by MGM National Harbor with $61 million and 42% of market share. Maryland Live, no surprise, was second with 33% and $48 million (+2%). Horseshoe Baltimore grossed $20 million … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Churchill Downs, Cordish Co., GLPI, Golden Gaming, Illinois, Internet gambling, Iowa, Lotteries, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Missouri, Mohegan Sun, Nebraska, Penn National, Politics, Regulation, Sports betting, Tribal, TV, Wall Street, West Virginia | Comments Off