Category Archives: Ocean Resort

Atlantic City rebounds; Sibella dumped; NFL suspicions

Posted on September 18, 2023 by David McKee

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

MGM limping back; Atlantic City follies; Wall Street Jottings

Posted on September 15, 2023 by David McKee

Hobbling back onto the Web today, MGM Resorts International offered a limited version of its normal Internet service. You can do research for your next MGM stay but you can’t book it directly or access MGM Rewards, as of 10 … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Culinary Union, DraftKings, Entertainment, ESPN Bet, Fanatics, FanDuel, Fontainebleau, Hawaii, IGT, Law enforcement, Macau, Marketing, Massachusetts, Mesquite, MGM Resorts International, New Hampshire, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, The Mob, The Strip, Wall Street, Wynn Resorts | 1 Comment

MGM paralyzed; DraftKings debacle; Mount Airy wins

Posted on September 12, 2023 by David McKee

In a new kind of September 11 attack, MGM Resorts International was felled by a massive cybersecurity breach. From disabling digital room keys to kneecapping credit card systems (forcing transactions to be made in cash), it sent MGM back to … Continue reading →

Posted in Atlantic City, BetMGM, Caesars Entertainment, China, Connecticut, Cosmopolitan, Cretins, DraftKings, Dubai, Florida, Hard Rock International, Health, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Mississippi, Mohegan Sun, Ocean Resort, Ohio, Pansy Ho, Pennsylvania, Problem gambling, Regulation, Sports betting, Technology, The Strip, Wall Street | 1 Comment

Bellagio sold again; Atlantic City sob story; Trump busted

Posted on August 27, 2023 by David McKee

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

Gambling returns to normality; Boyd’s low-cost charity

Posted on August 18, 2023 by David McKee

Gambling revenues have been so overheated since the pandemic that some kind of market correction was overdue. The much-vaunted recession having failed to manifest itself, the gloom-and-doom crowd on Wall Street must content itself with small retreats in casino winnings. … Continue reading →

Posted in Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., Cretins, DraftKings, Economy, FanDuel, Florida, Golden Nugget, Greenwood Racing, Hard Rock International, Hawaii, Health, Internet gambling, Las Vegas Sands, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Resort fees, Rush Street Gaming, Silverton, Sports betting, The Strip, Tribal, WInd Creek, Wynn Resorts | Comments Off on Gambling returns to normality; Boyd’s low-cost charity

Louisiana still sinking; Insult from the Lege; Japan follies

Posted on July 21, 2023 by David McKee

Horseshoe Lake Charles continues to prop up Louisiana casino revenues, which were down 2% last month compared to -6.5% if Horseshoe is subtracted. The statewide gross was $196 million. Visitation overall was up 3% but gamblers clutched their purse strings, … Continue reading →

Posted in Apollo Management, Architecture, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, Golden Nugget, IGT, International, Internet gambling, Japan, Kansas, Lawrence Ho, Louisiana, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Politics, Rush Street Gaming, Sports betting, Station Casinos, Technology, The Strip, Tribal | Comments Off on Louisiana still sinking; Insult from the Lege; Japan follies

Casinos boffo everywhere: Unite-Here dumbassery

Posted on July 20, 2023 by David McKee

Beating Wall Street expectations comfortably, Las Vegas Sands reported cash flow of $973 million yesterday. Wall Street had expected $939 million from the second quarter while a more optimistic Joseph Greff of J.P. Morgan had projected $964 million. Macao-derived revenues … Continue reading →

Posted in Arizona, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, China, Churchill Downs, Cordish Co., Cretins, Dining, DraftKings, FanDuel, Greenwood Racing, Health, Illinois, Internet gambling, Las Vegas Sands, Macau, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Singapore, Sports betting, Tourism, Transportation, Tribal, TV, Unite-Here, Wall Street, WInd Creek | 1 Comment

Atlantic City, Massachusetts up, Illinois down; Crime fails to pay

Posted on July 17, 2023 by David McKee

Atlantic City rebounded nicely in June, up 5.5% to $241.5 million. Table game winnings were flat, despite 3.5% larger wagering than last year (so the players made out well) and slot win jumped 7% on a commensurately higher amount of … Continue reading →

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Crown Resorts, Dan Lee, DraftKings, FanDuel, Full House Resorts, Golden Nugget, Hard Rock International, Illinois, International, Internet gambling, Kazuo Okada, Law enforcement, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Philippines, Sports betting, Taxes, Technology, Virginia, Wall Street, Wynn Resorts | Comments Off on Atlantic City, Massachusetts up, Illinois down; Crime fails to pay

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

Posted on July 14, 2023 by David McKee

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

Posted on June 20, 2023 by David McKee

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

All Atlantic City, all the time; Bally’s blunder

Posted on May 17, 2023 by David McKee

Casino winnings in Atlantic City dipped a bit last month, down 1.5% to $231.5 million. Slot revenues led the way, down 3% on flat coin-in. Table games actually did better, up 3% despite flat wagering but A.C. is a slot … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Detroit, Dining, DraftKings, Entertainment, Environment, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Illitch Family, Internet gambling, Lake Tahoe, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, PointsBet, Rush Street Gaming, The Strip, Wynn Resorts | 1 Comment

Caesars satisfies; Knee-Jerlecki response; Press-ed out

Posted on May 3, 2023 by David McKee

Wall Street analysts rolled over and lit a cigarette after hearing Caesars Entertainment‘s first-quarter earnings call. J.P. Morgan analyst Joseph Greff said the results were pretty much as expected “with Las Vegas Strip upside more (way more) than offsetting a … Continue reading →

Posted in Atlantic City, Bally, Conventions, Dining, Economy, Golden Nugget, Health, Indiana, Louisiana, Mesquite, MGM Resorts International, Missouri, Mohegan Sun, Nebraska, Ocean Resort, Ohio, Pahrump, Penn National, Reno, Sports betting, The Strip, Tourism, Transportation, Virginia, Wall Street, Wendover | 3 Comments

Pennsylvania, Lousiana flagging; All eyes on Macao

Posted on April 19, 2023 by David McKee

Casino winnings in Pennsylvania stuttered last month, hitting $311 million, flat with March 2022. Spreading more gaming wealth among a greater number of properties obviously isn’t helping on a same-store basis. Parx Casino maintained its supremacy with $53 million, despite … Continue reading →

Posted in Ameristar, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, China, Churchill Downs, Cordish Co., CQ Holdings, Detroit, DraftKings, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Illitch Family, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, The Strip, Tourism, Transportation, Tribal, WInd Creek, Wynn Resorts | 1 Comment

Atlantic City still up; Full House fuels diners; Japan payday?

Posted on April 17, 2023 by David McKee

Casino revenues were outstripped in New Jersey in March by i-gaming ones, $228.5 million to $253 million. But Atlantic City continued to be healthy, up 5.5%. Slot winnings were 1% higher on flat coin-in but table games did 7% better … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Dining, DraftKings, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Illinois, Internet gambling, Japan, MGM Resorts International, Mohegan Sun, New Jersey, New York, North Dakota, Ocean Resort, PointsBet, Politics, Rush Street Gaming, Shuffle Master, Singapore, Sports, Sports betting, Tribal, United Kingdom, Wall Street, Washington State, William Hill, Wynn Resorts | 1 Comment

Atlantic City dispatches; Sports betting meltdown?

Posted on March 29, 2023 by David McKee

Our East Coast correspondent had a good experience at Ocean Casino Resort last weekend. It started with no line at the “Prime” players-club check-in … although it was a quite a different (and worse) story if you fell into a … Continue reading →

Posted in Atlantic City, Bally, Caesars Entertainment, Detroit, Dining, Entertainment, Law enforcement, Marketing, Missouri, Ocean Resort, Reno, Sports betting | 3 Comments

East Coast report; “Best growth story in gaming” is who?

Posted on March 22, 2023 by David McKee

As we rummage through our mailbag, we find a number of dispatches from our East Coast correspondent, who recently helped prop up the Golden Nugget in Atlantic City with a three-night stay. He was drawn by a giveaway at Ocean … Continue reading →

Posted in Atlantic City, Bally, Charity, Churchill Downs, Cordish Co., Golden Nugget, Horseracing, Illitch Family, Kentucky, Marketing, Nevada, Ocean Resort, Pennsylvania, Regulation, Slot routes, Technology, Tilman Fertitta | 2 Comments

Atlantic City up, Louisiana down; Steve Wynn’s revenge

Posted on March 17, 2023 by David McKee

Gambling revenues inched upward in New Jersey, plus 1% statewide, mainly driven by Internet casinos (+9%). In Atlantic City, slot winnings rose 3.5% to ($159 million) on 4% more coin-in but tables slipped 4.5% to $54 million as wagering dipped … Continue reading →

Posted in AGA, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Carl Icahn, Chicago, China, Churchill Downs, Columbia Sussex, Conventions, CQ Holdings, DraftKings, Election, FanDuel, Golden Nugget, Hard Rock International, Illinois, Illitch Family, Internet gambling, Kentucky, Law enforcement, Louisiana, MGM Resorts International, Mohegan Sun, Neil Bluhm, New Jersey, Ocean Resort, Penn National, PointsBet, Politics, Rush Street Gaming, Slot routes, Sports betting, Steve Wynn, The Strip, Tourism, Unite-Here, Wall Street, Wynn Resorts | Comments Off on Atlantic City up, Louisiana down; Steve Wynn’s revenge

Atlantic City in winter; Ohio rebounds; Lightfoot booted

Posted on March 1, 2023 by David McKee

Given a slow news day, let’s finally catch up with our East Coast bureau and see what’s been happening on the Boardwalk. First off, demerits to Ocean Casino Resort for contributing in its own small way to climate change by … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, DraftKings, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Jack Entertainment, Marketing, MGM Resorts International, Ocean Resort, Ohio, Penn National, Politics, Sports betting, Taxes | 1 Comment

Atlantic City leaps; DraftKings beats The Street

Posted on February 17, 2023 by David McKee

Gambling revenues in Atlantic City defied the cold last month, surging 15% to $212 million. Borgata, naturally, led the market with $58.5 million, a 20.5% vault. Next up was Hard Rock Atlantic City with $36 million, a 3.5% nudge, followed … Continue reading →

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, CQ Holdings, DraftKings, FanDuel, Golden Nugget, Hard Rock International, Louisiana, Marketing, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Ohio, Penn National, Wall Street | Comments Off on Atlantic City leaps; DraftKings beats The Street

Case Bets

Posted on January 30, 2023 by David McKee

What do you do when there’s no really big story of the day? Bust out an order of Case Bets, what else. Let the fun begin … Rivers Portsmouth has already had a come-to-Jesus moment after its pro-smoking stance revolted … Continue reading →

Posted in Atlantic City, Bally, Entertainment, Golden Nugget, Hard Rock International, Health, International, MGM Resorts International, Ocean Resort, Rush Street Gaming, Virginia | 1 Comment