Category Archives: New Mexico

New York: Trump out, Bally’s in; North Carolina Lege flops

New York City will be stuck with failed casino owner Donald Trump‘s name on an overpriced public golf course until 2035 … unless Bally’s Corp. can swing a deal to buy the obstreperous mogul out of his lease with the … Continue reading

Posted in Apollo Management, Atlantic City, Bally, Chicago, Colorado, Cordish Co., Culinary Union, Dining, Donald Trump, Hard Rock International, Health, history, MGM Resorts International, Nebraska, New Mexico, New York, North Carolina, Politics, Problem gambling, Racinos, Real Estate, Regulation, Security, Sexual misconduct, Sports betting, Taxes, Technology, The Strip, Tribal, Virginia, William Hill, Wisconsin | 2 Comments

Recovery has legs; Resorts World LV impresses

Maryland didn’t just do well in April, it posted its third-best month ever. Gaming win grew 11.5% from 2019, to $162 million. That’s with 50% capacity constraints at MGM National Harbor and Horseshoe Baltimore (all other casinos are operating at … Continue reading

Posted in Barstool Sports, Caesars Entertainment, Churchill Downs, Conventions, Cordish Co., Cosmopolitan, Dining, Entertainment, Genting, Golden Gaming, Health, Illinois, Internet gambling, Maryland, MGM Resorts International, Michigan, New Mexico, Penn National, Pennsylvania, Regulation, Resorts World LV, Sports betting, Wall Street, West Virginia, World Series of Poker | 1 Comment

Welcome to Less Vegas

Caesars Entertainment, aka Eldorado Resorts, has become possessed by the evil spirit of spare-every-expense Columbia Sussex. In one of the most odious of recent cutpurse moves, bartenders have been ordered to short-pour liquor: The ‘new normal’ is .75 ounces per … Continue reading

Posted in Alabama, Arizona, Barstool Sports, Caesars Entertainment, California, Canada, Columbia Sussex, Connecticut, Conventions, Cretins, DraftKings, Election, FanDuel, Florida, Health, Kansas, Lotteries, Massachusetts, Maverick Gaming, MGM Resorts International, Mississippi, Nebraska, New Mexico, North Dakota, Ohio, Penn National, PointsBet, Politics, Racinos, Sports, Sports betting, The Strip, Tribal, United Kingdom, Wall Street, Washington State | 1 Comment

Palazzo closes; iGaming here to stay

There’s no room at the inn at Palazzo. Not permanently. But it’s not a good sign for a Las Vegas Strip whose room rates are bumping along the bottom, even during New Year’s Eve weekend. As Las Vegas Sands said, … Continue reading

Posted in AGA, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, Colorado, DraftKings, Economy, FanDuel, Hard Rock International, Health, Iowa, Las Vegas Raiders, Las Vegas Sands, Louisiana, Mohegan Sun, Nevada, New Jersey, New Mexico, Ohio, Oregon, Penn National, Pennsylvania, Politics, Sheldon Adelson, South Dakota, Sports, Sports betting, The Rio, The Strip, Tourism | 1 Comment

New rules, green shoots on the Strip; Mixed messages in Michigan

Casinos in Nevada will take a gut punch tomorrow when new state restrictions go into effect. They’ll have to reduce players on the floor to 25% of capacity, and the same holds true for bars and restaurants. Citing “wildfire” levels … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, California, Colorado, Cordish Co., Detroit, DraftKings, Entertainment, FanDuel, Golden Nugget, Health, Illinois, Internet gambling, Las Vegas Sands, Macau, MGM Resorts International, Michigan, Nevada, New Mexico, New York, Oregon, Pennsylvania, Sports betting, The Strip, Tribal, Wynn Resorts | 1 Comment

Vegas recovery a Mirage; Illinois closes … again

More from the Too Much, Too Soon? file: MGM Resorts International, despite its long pause in reopening The Mirage has evidently decided it jumped the gun. Hotel rooms there and at Mandalay Bay will be closed Mondays-Thursdays through December at … Continue reading

Posted in Caesars Entertainment, Cretins, Culinary Union, Dining, Economy, Environment, Health, history, Illinois, Las Vegas Sands, MGM Resorts International, Nevada, New Mexico, New York, Sahara, Sam Nazarian, Sheldon Adelson, Tamares Group, Technology, The Rio, The Strip, Tourism, Transportation, Tribal | 1 Comment

Mega-Jottings for a Monday

Churchill Downs got its second-worst-case scenario for the Kentucky Derby: The September 5 race will have to be held without spectators, a major economic blow to the Louisville area. At least the race will be run and undoubtedly garner much … Continue reading

Posted in Arizona, Atlantic City, Churchill Downs, Derek Stevens, Downtown, Economy, Entertainment, Environment, GLPI, Health, Horseracing, Internet gambling, Kentucky, Louisiana, Macau, MGM Resorts International, New Mexico, Penn National, Reno, Sigma Derby, Sports betting, The Strip, Tribal, Virgin Hotels | 1 Comment

Maryland rebounds; Penn wows Wall Street; Trump to play Lucky Dragon

In a near-miraculous development, Maryland gambling revenues were only 6% off the pace last month. Between cabin fever and the belated delivery of those $1,200 stimulus checks, we’re not entirely surprised that Free State punters had both the desire and … Continue reading

Posted in Alabama, Arizona, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Donald Trump, Election, Florida, Georgia, Golden Gaming, Health, Internet gambling, Lotteries, Lucky Dragon, Maryland, MGM Resorts International, Mississippi, Nevada, New Mexico, New York, North Carolina, Penn National, Pennsylvania, Racinos, Sports, Sports betting, Texas, The Strip, Tilman Fertitta, Tribal, TV, Wall Street, West Virginia | 2 Comments

Quote of the Day

“There’s also an argument to be made that in a state with such high poverty rates—almost half the state’s residents are on Medicaid and one in four is on food stamps—it’s unconscionable to offer folks yet another avenue to lose … Continue reading

Posted in New Mexico, Problem gambling, Sports betting, Tribal | Comments Off on Quote of the Day

MGM Springfield plays rope-a-dope; Big break for Cordish

With MGM Springfield well short of revenue projections (and cutting jobs), President Michael Mathis was sent out to do PR damage control. “I feel good about the trajectory,” he claimed. He blamed Foxwoods Resort Casino and Mohegan Sun for the shortfall: We … Continue reading

Posted in Architecture, Arkansas, Cordish Co., Delaware, Dining, Economy, Election, Foxwoods, Iowa, Massachusetts, MGM Resorts International, Mohegan Sun, New Mexico, Pennsylvania, Regulation, Rhode Island, Rush Street Gaming, Sports, Sports betting, Taxes, Tribal, Wynn Resorts | 1 Comment

El Paso, Dayton … Las Vegas?

Las Vegas, if you’ll pardon the pun, dodged a bullet when the FBI apprehended a man bent on killing large numbers of Jews and gay people. Conor Climo, the alleged bomber, has been linked to the white-supremacist netherworld and supposedly … Continue reading

Posted in Churchill Downs, Connecticut, Current, Downtown, Foxwoods, Full House Resorts, Indiana, Kentucky, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, New Mexico, Pennsylvania, Racinos, Sports, Sports betting, Wall Street | Comments Off on El Paso, Dayton … Las Vegas?

Whales super-lucky on the Strip; New Jersey tops Nevada

Last month was the busiest in McCarran International Airport history, seeing 4,590,539 arrivals and departures. Unfortunately for the casinos, this did not translate into record prosperity. Far from it. Gross gaming revenue toppled 11% to $517.5 million. Slots were a bright … Continue reading

Posted in Boulder Strip, Culinary Union, Downtown, International, Lake Tahoe, Laughlin, Law enforcement, Macau, Nevada, New Jersey, New Mexico, North Las Vegas, Palms, Reno, Sports, Sports betting, The Strip, Tourism, Tribal, William Hill | Comments Off on Whales super-lucky on the Strip; New Jersey tops Nevada

Case Bets

* Shares in Australian casino company Star Entertainment tumbled after it disclosed that the U.S./China trade war is impinging on profitability. “The very large VIPs continue to travel but they don’t take as many risks as they have in the … Continue reading

Posted in Australia, Canada, Economy, Genting, International, Law enforcement, Macau, Mississippi, Mohegan Sun, New Mexico, New York, Penn National, Philippines, Rush Street Gaming, Sports, Sports betting | Comments Off on Case Bets

Nevada: Strip weak, locals strong; Busing it to Macao

Las Vegas Strip gambling revenues were down 4% last month to $552 million. Some of that is attributable to an impossible baccarat comparison. In March 2018, baccarat win was up 118%. Last month it was down 56% on 43% less … Continue reading

Posted in Animals, Architecture, Arkansas, Australia, Boulder Strip, Downtown, Lake Tahoe, Laughlin, Lotteries, Macau, Mesquite, Nevada, New Mexico, North Las Vegas, Reno, South Korea, Sports betting, The Strip, Tourism, Transportation, Tribal | 1 Comment

Nevada’s #1, not in a good way

WalletHub has been crunching the numbers again and come to the conclusion that Nevada is America‘s most-gaming addicted state. (Utah is the least, while the Silver State is followed by South Dakota, Montana, Mississippi and Oregon.) Casino-rich Florida was an incredibly … Continue reading

Posted in Australia, Connecticut, Crown Resorts, Delaware, Florida, Hawaii, Illinois, International, Kansas, Kentucky, Macau, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Jersey, New Mexico, New York, Oklahoma, Pennsylvania, Problem gambling, Rhode Island, Slot routes, South Dakota, Virginia, Washington State, West Virginia | Comments Off on Nevada’s #1, not in a good way

MGM covets Caesars; Rio up for grabs … again

As Carl Icahn continues to up his stake in Caesars Entertainment, the already-tortuous saga has developed some new complexities. For one, outgoing CEO Mark Frissora has revealed he wasn’t jumped, he was pushed. “The board has stated that they would like … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Carl Icahn, e-sports, Economy, Eldorado Resorts, LVCVA, Marijuana, MGM Resorts International, New Mexico, Penn National, Pennsylvania, Regulation, Sports betting, Tilman Fertitta, Tribal, Wall Street | 2 Comments

Danger, Will Robinson!

At a time when states are suing the Trump administration to preserve their online lotteries, a Florida legislator is moving in the opposite direction. State Rep. Will Robinson has introduced a bill that would permit only in-person sales of Florida … Continue reading

Posted in California, Florida, Internet gambling, Nevada, New Hampshire, New Mexico, Politics, Problem gambling, Regulation, Texas | Comments Off on Danger, Will Robinson!

Super Bowl generates heavy action; Hard Rock marquee finds retirement home

$325 million. That’s the legal handle that PlayUSA.com is predicting will be wagered on Super Bowl LIII. Nevada will have the plurality of bets, some $160 million, with New Jersey seeing $100 million in action, including online wagers. The nascent … Continue reading

Posted in AGA, Arizona, CityCenter, Entertainment, Hard Rock Hotel, history, International, Internet gambling, Mississippi, Movies, New Jersey, New Mexico, Penn National, Pennsylvania, Rhode Island, Sports, Sports betting, Tourism, West Virginia | Comments Off on Super Bowl generates heavy action; Hard Rock marquee finds retirement home

Case Bets

Taking its own sweet time, Hard Rock Atlantic City will finally have a sports book in early 2019. Malta-based Gaming Innovation Group has been tapped to handle the nuts and bolts. The lack of sports betting in what should be … Continue reading

Posted in Atlantic City, Caesars Entertainment, California, Centaur Gaming, Hard Rock International, history, Indiana, Macau, Majestic Star, New Mexico, Sports betting, Tourism, Transportation, Tribal | Comments Off on Case Bets

CG Technology in peril; Big first for New Mexico

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 on CG Technology in peril; Big first for New Mexico