-
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 - 56,265 views
- You can’t fix stupid; Good-bad news on the bayou - 56,168 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,606 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,542 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,521 views
- Profit vs. investment on the Strip - 1,055,329 views
- Lame nag; Frissora overpaid? - 578,432 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,455 views
- That casino smell - 63,582 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,053 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,633 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,060 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,684 views
Blogroll
Admin.
Category Archives: New Jersey
Uneasy lies the head that wears Crown; IGT’s cautious future
Executives at Crown Resorts had better rethink that scheme to buy Sheldon Adelson‘s Las Vegas assets. The company, which has played fast and loose with money-laundering rules, has been provisionally denied permission to open its multibillion-dollar casino in Sydney. Regulators … Continue reading
Sports betting boffo in Illinois; Structural shift at Churchill Downs
Illinois gamblers can’t seem to find their way to a casino nowadays—but they love themselves some sports betting. The state has reached $300 million in handle faster than any in U.S. history—$305 million and change during September. “Illinois’ launch in … Continue reading
Posted in Boyd Gaming, Churchill Downs, DraftKings, FanDuel, Health, Horseracing, Illinois, Internet gambling, Kentucky, Massachusetts, MGM Resorts International, New Jersey, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Wall Street, Wynn Resorts
Comments Off on Sports betting boffo in Illinois; Structural shift at Churchill Downs
Wynn winning; Flyover Country keeps Caesars aloft
Wynn Resorts reported 3Q20 results yesterday and the headline item was Macao, where operating results were “soft” but “encouraging,” despite “negative to apathetic investor sentiment,” according to JP Morgan analyst Joseph Greff. Mass-market wagering was up 40% and credit issued … Continue reading
Posted in Atlantic City, Caesars Entertainment, Colorado, Conventions, Culinary Union, Dining, Diversity, Donald Trump, Economy, Election, Golden Gaming, Hard Rock International, Indiana, Internet gambling, Louisiana, Macau, Majestic Star, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Planet Hollywood, Politics, Reno, Slot routes, Sports betting, The Rio, The Strip, Tourism, Wall Street, William Hill, Wynn Resorts
2 Comments
Strip drags down Nevada; Station, MGM upgraded
Gambling revenue in September on the Las Vegas Strip plunged 39% to $355 million, driving the worst of a 22% decline in Nevada win. By contrast, Reno and Lake Tahoe were beacons of hope, up 3.5% and 36% respectively. Downtown … Continue reading
Posted in Boulder Strip, Colorado, Cretins, Downtown, DraftKings, Economy, Indiana, Lake Tahoe, Laughlin, Law enforcement, Mesquite, MGM Resorts International, Nevada, New Jersey, North Las Vegas, Reno, Sports betting, The Strip, Wall Street, Wendover
Comments Off on Strip drags down Nevada; Station, MGM upgraded
Sports, Internet buoy Atlantic City; Detroit struggles
As we predicted, Atlantic City is coming back faster than Las Vegas. It doesn’t hurt that it is not A) primarily a destination market; B) dependent upon conventions; C) reliant upon international travel; or D) at the mercy of the … Continue reading
Barstool buy buoys Penn Nat’l; MGM’s ad blitzkrieg
JP Morgan analysts upped their near- and long-term cash flow estimates for Penn National Gaming, based on regional trends and sports betting. “While we recognize PENN’s impressive share price outperformance, and many sell-side firms have thrown in the towel with … Continue reading
Posted in Arizona, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, Donald Trump, Downtown Grand, DraftKings, FanDuel, Hard Rock International, Health, Illinois, Internet gambling, Iowa, Marketing, MGM Resorts International, Michigan, Nevada, New Jersey, Penn National, Pennsylvania, Problem gambling, Sports, Sports betting, Station Casinos, Wall Street
1 Comment
Station hearts Reno; Caesars sued
In a speedy flip-flop, Station Casinos has recommitted to the Reno market. Its two parcels in that city (one opposite the convention center) popped up on a real estate-listing site Sept. 5. Less than a week later, Station had yanked … Continue reading
Posted in Architecture, Boulder Strip, Caesars Entertainment, California, Economy, Health, history, Nevada, New Jersey, Palms, Reno, Station Casinos, Tribal
Comments Off on Station hearts Reno; Caesars sued
Usher to play the Strip and other doings at Caesars
What does Tom Reeg know that the rest of us don’t? In the first big contract signing since the Covid-19 pandemic (still playing an extended engagement in Las Vegas) hit, Caesars Entertainment has inked a deal with Usher to play … Continue reading
Baby steps in Massachusetts, leaps and bounds in Pennsylvania
Given that Plainridge Park didn’t reopen until July 8, and Encore Boston Harbor and MGM Springfield not for two more days after that, it’s wholly understandable that Massachusetts gambling revenue was down 44% last month. JP Morgan analyst Joseph Greff … Continue reading
Posted in Arizona, Boyd Gaming, Caesars Entertainment, DraftKings, El Cortez, FanDuel, Greenwood Racing, Internet gambling, Law enforcement, Massachusetts, Mohegan Sun, New Jersey, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tribal, Wall Street, Westgate LV, Wynn Resorts
1 Comment
Atlantic City impresses in July
It reopened in somewhat raggle-taggle fashion but Atlantic City is back and did rather better in July than Las Vegas in June (the last month for which we have data, see video below). Borgata made a very delayed re-entry into … Continue reading
Slot routes feel Sisolak’s wrath
Even after they were ordered to enforce mask-wearing or else, some casinos continue to flout the rules. Clark County conducted 1,600 inspections and found deficiencies at Silverton, an absence of social distancing at the Aria pool and no effort being … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Dining, Eldorado Resorts, Election, Golden Nugget, Indiana, Internet gambling, Las Vegas Sands, MGM Resorts International, Nevada, New Jersey, Ocean Resort, Regulation, Silverton, Slot routes, Sports betting, The Strip, Tribal, Unite-Here
Comments Off on Slot routes feel Sisolak’s wrath
‘Net bets carry Atlantic City; Clubs face crisis
Internet casinos are in New Jersey to stay. They grossed $86 million last month, their highest amount ever. That’s 135% more than a year ago. Golden Nugget was tops with $29 million, followed by Resorts Digital ($18 million) and Borgata … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Downtown, DraftKings, Economy, Entertainment, Florida, Golden Nugget, Health, Horseracing, International, Internet gambling, Las Vegas Sands, LVCVA, MGM Resorts International, Mississippi, Morris Bailey, New Jersey, New York, Ohio, Resorts World LV, Seminole Tribe, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Wynn Resorts
2 Comments
Quote of the Day
“Cuomo missed the boat, deriding New Jersey sports betting revenue by saying it amounted to a ’rounding error’ in his state budget. That rounding error—a few hundred million dollars in the treasury every year—could fund a lot of good programs … Continue reading
Posted in New Jersey, New York, Politics, Sports betting, Taxes
Comments Off on Quote of the Day
MGM revving up on Strip; The Skull returns
Allowing for the context that one’s hotels fill up faster when only 25%-50% of the rooms are being rented, MGM Resorts International seems to be enjoying a honeymoon with its customer base. Its Las Vegas Strip resorts are reopening, in … Continue reading
Posted in Caesars Entertainment, Colony Capital, Dining, Downtown, Dubai, Economy, Entertainment, Golden Gaming, Golden Nugget, International, MGM Resorts International, Minnesota, New Jersey, Resorts World LV, The Mob, The Strip
Comments Off on MGM revving up on Strip; The Skull returns
“The calculus of reopening”
There seems to be a perception abroad in the land that, because Coronavirus is abating we’re out of the woods and can revert to pre-Covid-19 conduct. Reports of people wildly disregarding social distancing (now being downgraded to “appropriate distancing,” whatever … Continue reading
Posted in China, Current, Health, history, Horseracing, MGM Resorts International, New Jersey, Regulation, Security, Tourism
Comments Off on “The calculus of reopening”
Atlantic City gets good news; Stanley Ho canonized
July 4 could spell independence for Atlantic City casinos, judging by recent statements from New Jersey Gov. Phil Murphy (D). In a radio interview he said, “It’s probably still too early to give you a very specific answer but there’s a … Continue reading
California Lege mulls sports betting; Mega-Jottings
Gaming analysts may be getting a little ahead of themselves but they’re estimating that California could generate $30 billion a year in sports-betting handle, $2 billion in revenue and $300 million in taxes. That’d be pretty good news for a … Continue reading
Sisolak gets sick; Stanley Ho dies; Culinary discontent
Yesterday’s big announcement about casino reopenings was postponed and the off-the-cuff reaction must have been something like ‘Uh-oh. Coronavirus cases are up again.’ Not hardly. According to Gov. Steve Sisolak (D), “we continue to see a consistent and sustainable downward … Continue reading