Category Archives: Movies

Atlantic City rebounds; Sibella dumped; NFL suspicions

Casinos in Atlantic City were up 2% in August, reaching $280 million. Slot winnings were 3% higher, on a commensurate increase in coin-in. The gambling halls weren’t so lucky at the tables, where 5% higher wagering translated into flat win. … Continue reading

Posted in Alaska, Animals, Atlantic City, Bally, BetMGM, Caesars Entertainment, DraftKings, Dubai, Fanatics, FanDuel, Genting, Golden Nugget, Hard Rock International, IGT, International, Internet gambling, Las Vegas Raiders, Law enforcement, MGM Resorts International, Mohegan Sun, Movies, Ocean Resort, Palms, Problem gambling, Regulation, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Mob, The Strip, Wall Street, Wynn Resorts | Comments Off on Atlantic City rebounds; Sibella dumped; NFL suspicions

Bellagio sold again; Atlantic City sob story; Trump busted

It’s getting very difficult to tell the players without a scorecard in the game of the REIT-ification of the Las Vegas Strip. Case in point, Bellagio, which now has three owners. There’s MGM Resorts International, which holds a token 5% … Continue reading

Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Churchill Downs, Donald Trump, Foxwoods, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Iowa, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Movies, Nebraska, New Jersey, Ocean Resort, Racinos, Real Estate, Regulation, Security, Slot routes, Sports betting, Taxes, Technology, The Strip | 1 Comment

Bears and bulls at MGM; Uwazurike spells “idiot”

J.P. Morgan analyst Joseph Greff was pretty blunt about MGM Resorts International‘s mixed bag of 2Q23 numbers. “Carried by Macau,” he headlined his report, adding that the Las Vegas Strip was in line with expectations but regional casinos came up … Continue reading

Posted in Atlantic City, BetMGM, China, Colorado, Conventions, Derek Stevens, Detroit, Economy, Entertainment, FanDuel, Health, Internet gambling, Iowa, Las Vegas Raiders, Law enforcement, Macau, MGM Resorts International, Mississippi, Movies, Sports, Sports betting, The Strip, Wall Street | Comments Off on Bears and bulls at MGM; Uwazurike spells “idiot”

Strip flattens, locals fade; Analysts mixed on Boyd

While not as bad as Deutsche Bank expected (-8%), June revenues on the Las Vegas Strip of $727 million were a disappointment, down 1%. And May’s brief flurry of hope from Las Vegas locals players faded fast as their losses … Continue reading

Posted in Architecture, Aristocrat, Boulder Strip, Boyd Gaming, California, Downtown, Entertainment, FanDuel, Illinois, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Movies, North Las Vegas, Reno, Slot routes, Sports, Sports betting, The Strip, Tribal, Wall Street, Wendover | Comments Off on Strip flattens, locals fade; Analysts mixed on Boyd

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

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

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

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

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

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

Mob merriment; Golden Nugget woes

What the hell were you thinking, Bally’s Corp.? The company’s struggling Atlantic City casino recently hosted a meet-and-greet featuring mobster Gianni Russo. Our Boardwalk correspondent, who was there, says Russo is “a lifelong member of the Mafia, who was in … Continue reading

Posted in Atlantic City, Bally, Boyd Gaming, Entertainment, Golden Nugget, Hard Rock International, history, Illinois, Louisiana, Marijuana, Mohegan Sun, Movies, Regulation, The Mob | 6 Comments

Gambling revenues still looking up; Mega-Jottings

Maryland aside, gambling revenues continue to trend upward. Even in Iowa, where they nudged only 1% higher from last year (undoubtedly due to new competition from Nebraska) but were high heavens (+38%) over 2019, aka the good old days. Indiana’s … Continue reading

Posted in Arizona, Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Cretins, DFS, DraftKings, FanDuel, Full House Resorts, Genting, Georgia, Golden Nugget, Hard Rock International, Indiana, Iowa, Marketing, Massachusetts, Missouri, Movies, New York, Penn National, Politics, Reno, Sports betting, Tribal, United Kingdom, Wynn Resorts | Comments Off on Gambling revenues still looking up; Mega-Jottings

Vegas booming; Churchill Downs “messy”; Mega-Jottings

Nevada gambling winning catapulted 18% last month—yes, almost a 20% increase over post-Covid numbers (although January 2022 was dampened by Omicron). The good times just keep on rolling, to the tune of $1.2 billion. The Las Vegas Strip led the … Continue reading

Posted in Alabama, Aristocrat, Arizona, Atlantic City, Bally, Baseball, BetMGM, Boulder Strip, Century Casinos, Churchill Downs, Culinary Union, Downtown, DraftKings, Environment, Fontainebleau, Georgia, GLPI, Hard Rock International, Horseracing, Indiana, International, Internet gambling, Iowa, Lake Tahoe, Laughlin, Lotteries, Maverick Gaming, Mesquite, MGM Resorts International, Mohegan Sun, Movies, Nevada, New Hampshire, New York, North Carolina, North Las Vegas, Peninsula Pacific, Pennsylvania, Phil Ruffin, Politics, Reno, Resorts World LV, Rush Street Gaming, Slot routes, South Korea, Sports betting, Technology, The Rio, The Strip, Tribal, United Kingdom, Vici Properties, Virginia, Wall Street, Washington State, Wendover | 1 Comment

How the mighty have fallen; Pennsylvania saturated

Pity poor fellow Kelsey Grammer. The superb actor (Boss) and Shakespearean leading man has been reduced to tending bar at an Atlantic City casino. And not some prestigious Boardwalk gambling hall but last-place Golden Nugget. As our East Coast correspondent, … Continue reading

Posted in Atlantic City, Barstool Sports, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, Cordish Co., Dining, DraftKings, Entertainment, FanDuel, Golden Gaming, Greenwood Racing, Internet gambling, Iowa, Mohegan Sun, Movies, Penn National, Pennsylvania, Politics, Rush Street Gaming, Sports betting, United Kingdom, Virginia, WInd Creek | 1 Comment

And the Oscar goes to …

Top Gun: Maverick. OK, we’re kidding. But not entirely. Due to the Motion Picture Academy‘s byzantine, ranked-choice voting for Best Picture, the $1.5 billion-grossing Tom Cruise spectacle (+1000 on DraftKings) could rack up enough second- and third-place votes to nab … Continue reading

Posted in Animals, Bally, Boyd Gaming, Diversity, DraftKings, Indiana, Las Vegas Raiders, Law enforcement, Marketing, Massachusetts, Mohegan Sun, Movies, New York, Politics, Regulation, Sports, Tribal, Wall Street | 1 Comment

Sands impresses; Trump’s new Mob pal; Boardwalk blotter; Mega-Jottings

Wall Street was in a sunny mood this week after Las Vegas Sands‘ 4Q22 earnings presentation. As Credit Suisse analyst Ben Chaiken summarized, “two large takeaways in our view were strength in Singapore and what we felt was a positive … Continue reading

Posted in Animals, Atlantic City, Bally, Baseball, BetMGM, Caesars Entertainment, Charity, China, Colorado, Cretins, Derek Stevens, Dining, Donald Trump, Entertainment, FanDuel, Florida, history, IGT, Indiana, Iowa, Japan, Las Vegas Sands, Macau, Marijuana, Marketing, Massachusetts, Movies, New Jersey, New York, Pennsylvania, Politics, Singapore, South Korea, Sports, Sports betting, Taxes, Technology, Texas, The Mob, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, TV, Vici Properties, Wall Street | 4 Comments

The tax that ate Las Vegas; Dr. King misremembered

A horrible idea for the taxpayer, the economy and for gaming in particular has been resurrected in Congress. Yes, it’s the “national sales tax,” which would lay a double-digit impost on all goods and services, and which only could be … Continue reading

Posted in AGA, Cretins, DraftKings, Economy, history, Marketing, Michael Gaughan, Movies, Nevada, Politics, Station Casinos, Taxes | 2 Comments

Atlantic City focus

Since we’re heavily occupied today with “Question of the Day” submissions, Sports Betting Operator features, a CDC Gaming Reports story and Casino Life page proofs, we’ll turn most of the S&G space over to our East Coast bureau, who has … Continue reading

Posted in Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, Chicago, Dining, DraftKings, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Marketing, Movies, Ocean Resort, Security, Sports betting, Wayne F. Newton | Comments Off on Atlantic City focus

Station scores; New York OSB boffo … for state, that is; Kosar sacked; Renegade slots reconsidered

Station Casinos is $62 million richer after unloading $56.5 acres of land near South Point to HCA Healthcare, a hospital chain. Don’t worry about Station’s plans to challenge Michael Gaughan for sub-Strip supremacy: It’s still harboring 126 acres of scrubland … Continue reading

Posted in Animals, Bally, BetMGM, Caesars Entertainment, Diversity, DraftKings, FanDuel, Las Vegas Sands, Macau, Michael Gaughan, Missouri, Movies, New York, Ohio, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports, Sports betting, Station Casinos, Taxes, Transportation, TV, Wynn Resorts | 2 Comments

And now for some fun

Back on Dec. 21, we reported on nascent Oscar odds. What a difference 10 days makes. Babylon, “an early favorite to take home hardware at the 95th Academy Awards” according to one betting site, is spiraling from contention, thanks to … Continue reading

Posted in Current, DraftKings, Movies | Comments Off on And now for some fun

Christmas wishes

It’s time to reward those who have been nice and offer appropriate gifts to the naughty. So, without further ado, we play Santa Claus to the casino industry …

Posted in AGA, Alabama, Alex Meruelo, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Card rooms, Chicago, China, Crown Resorts, Culinary Union, Dan Lee, Derek Stevens, Downtown, DraftKings, Fontainebleau, Full House Resorts, Genting, Georgia, Hard Rock International, James Packer, Japan, Kazuo Okada, Las Vegas Sands, Macau, Massachusetts, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Moulin Rouge, Movies, Nevada, New York, Oklahoma, Pahrump, Palms, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resort fees, Resorts World LV, Sahara, Scott Butera, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, The Rio, The Strip, Tilman Fertitta | Comments Off on Christmas wishes

Penn problems; Maryland sports bets boffo; Oscar pix

Regulators in Massachusetts struck an unsatisfactory compromise with Penn Entertainment. The latter’s Plainridge Park was granted a sports book license, conditional upon a suitability investigation of Barstool Sports founder—and the new face of Penn—Dave Portnoy. “We are very comfortable with … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, DraftKings, FanDuel, Indiana, Kansas, Marketing, Maryland, Massachusetts, MGM Resorts International, Movies, New Jersey, Ohio, Penn National, Regulation, Sports betting, Steve Wynn | Comments Off on Penn problems; Maryland sports bets boffo; Oscar pix

Coney Island casino?; Mirage volcano scrapped

While New York Mets owner Steve Cohen and Las Vegas Sands continue to dither about how they might, maybe, possibly have something brewing in Flushing, other players—much lower-profile ones—have been making a move. A consortium of the Chickasaw Indians, Saratoga … Continue reading

Posted in Apollo Management, Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Canada, Detroit, DraftKings, FanDuel, Genting, Hard Rock International, Indiana, Las Vegas Sands, Massachusetts, MGM Resorts International, Movies, New York, Penn National, PointsBet, Sexual misconduct, Sports, Sports betting, The Strip, Tribal, Wynn Resorts | 3 Comments