Category Archives: Ohio

May’s cupboard empty

With Nevada casinos closed all May, gaming revenue was a ghost of its former self, down 99.5%, kept alive by mobile sports wagering and online poker. Silver State casinos grossed just under $6 million. Reno, Laughlin and Lake Tahoe all … Continue reading

Posted in Caesars Entertainment, Cirque du Soleil, Derek Stevens, Downtown, Economy, Eldorado Resorts, G2E, Hard Rock International, Health, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Louisiana, MGM Resorts International, Ohio, Phil Ruffin, Politics, Regulation, Reno, Technology, The Strip, Tilman Fertitta, Tourism, Transportation, Wall Street | 2 Comments

Penn, Boyd bushwhack jobs

There’s still no timeline for Tropicana Las Vegas to reopen, certainly not by mid-July. That news comes as Penn National Gaming slashed 2,575 jobs over eight states. Evidently Penn doesn’t expect the current surge in business to last, as most … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, China, Colorado, Dining, Economy, Florida, Health, Kansas, Law enforcement, M Resort, MGM Resorts International, Missouri, Nevada, Ohio, Oregon, Penn National, Sahara, Scientific Games, Sports betting, The Strip, Tribal, Wall Street | 1 Comment

‘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

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

Posted in Atlantic City, Boyd Gaming, Derek Stevens, Health, International, Internet gambling, Iowa, Macau, Marketing, MGM Resorts International, Missouri, New Jersey, Ohio, Problem gambling, Regulation, Stanley Ho, Twin River, Wall Street | 1 Comment

Unrest on the Strip; Boyd tightens belt

Maybe Coronavirus can’t keep people away from Las Vegas but we think we’ve found one thing that will: civil unrest. A pair of Las Vegas Review-Journal reporters found themselves in the line of fire when Las Vegas Metro launched a … Continue reading

Posted in Boyd Gaming, Downtown, Economy, Indiana, Ohio, Politics, The Strip | 2 Comments

Boyd comes clean; Penn Nat’l “upbeat”

“Boyd Clean” has been unveiled by eponymous Boyd Gaming and while nothing in it will come as a shock, it shows the company has been closely following what other companies are doing in terms of safety precautions. You’ll receive a … Continue reading

Posted in Boyd Gaming, Cosmopolitan, Dining, Economy, FanDuel, Health, Illinois, Las Vegas Sands, Macau, Maine, Marketing, Maryland, Massachusetts, MGM Resorts International, Mississippi, Missouri, Ohio, Penn National, Politics, Regulation, Resort fees, Sports betting, Wall Street | Comments Off on Boyd comes clean; Penn Nat’l “upbeat”

“Green shoots” in gaming; Mega-Jottings

According to the American Gaming Association, 82 of 989 casinos in the United States have reopened, many of them in Louisiana starting today. But don’t take our word for it. Use the AGA’s Coronavirus tracker, which keeps you abreast of casino … Continue reading

Posted in AGA, Alabama, Arizona, Arkansas, Atlantic City, Boyd Gaming, Caesars Entertainment, California, Conventions, Detroit, Dining, GLPI, Golden Nugget, Health, Illinois, Iowa, Louisiana, LVCVA, M Resort, Macau, Marketing, MGM Resorts International, Michigan, Mississippi, Missouri, Ohio, Oklahoma, Penn National, Politics, Resort fees, Singapore, South Dakota, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tribal, Wynn Resorts | 1 Comment

Sands shakes off doldrums; MGM sitting pretty

Las Vegas Sands posted a Covid-19 impacted 1Q20. Room rates nudged upward year/year from $263 to $266, at 87% occupancy, resulting in a decline in revenue per available room from $249 to $199. Sands was modestly down at the tables, … Continue reading

Posted in Atlantic City, Baseball, CityCenter, Economy, Health, Japan, Las Vegas Sands, Macau, Maryland, Massachusetts, MGM Resorts International, Ohio, Pennsylvania, Real Estate, Sheldon Adelson, Singapore, Sports, Sports betting, The Strip, Tourism, Wall Street | 2 Comments

Ohio, Indiana slammed; Station is ‘george’

Loss of half a month in Ohio meant a 61% plunge in casino/racino revenues, to $72 million. Although there were two fewer weekend days in the month that was as nothing compared to Coronavirus. (The calendar is neutral this month, … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, DraftKings, Economy, Eldorado Resorts, Full House Resorts, Hard Rock International, Indiana, MGM Resorts International, Ohio, Penn National, Spectacle Entertainment, Sports betting, Station Casinos | 3 Comments

Sanders enters casino fray; MGM execs play the market

Sen. Bernie Sanders (I), perhaps in a move to reinvigorate his comatose presidential campaign, has waded into the dispute between the Trump administration and the Mashpee Wampanoag. The origin of the tribe’s newly dissolved, 321-acre reservation is clouded by tribal recognition during … Continue reading

Posted in Donald Trump, Economy, Election, Genting, Health, history, Horseracing, Illinois, Indiana, International, Jim Murren, Massachusetts, MGM Resorts International, Michigan, Ohio, Penn National, Politics, Sports, Sports betting, Tribal, Twin River, Wall Street | 1 Comment

Stitt catches a break; Station, Gaughan step up to the plate

Did the government of Oklahoma screw up the exclusivity agreement that gave it power over tribal gambling? That’s the contention of a new legal brief from the Wichita and Affiliated Tribes, who say that the recent expansion of lottery offerings … Continue reading

Posted in Boyd Gaming, Charity, Dan Gilbert, Downtown, Genting, Golden Gaming, Health, International, Internet gambling, Lotteries, MGM Resorts International, Michael Gaughan, Ohio, Oklahoma, Sahara, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta, Tribal, William Hill | 1 Comment

Turnaround in Springfield; Coping with Covid-19

Although it seems supremely beside the point at this grave moment, it’s time to report February’s gaming-revenue numbers from Massachusetts. Casinos in the state grossed some $86 million, with $52.5 million of that made at Encore Boston Harbor, with 61% … Continue reading

Posted in Australia, California, Canada, Crown Resorts, Eldorado Resorts, Entertainment, Health, Horseracing, International, Macau, Maryland, Massachusetts, MGM Resorts International, Ohio, Penn National, Philippines, Regulation, Reno, Tourism, Tribal, Wynn Resorts | Comments Off on Turnaround in Springfield; Coping with Covid-19

Casino closures sweep the country

We’re all going through what are called “adjustment reactions,” including casino executives across the country. They’d like to stay open for business—many are—but others are being forced to close or making the difficult choice to go dark on their own. … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Conventions, Cordish Co., Derek Stevens, Downtown, e-sports, Economy, Eldorado Resorts, Health, IGT, Illinois, Indiana, Las Vegas Sands, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, New York, Ohio, Pennsylvania, Scientific Games, Sports, Station Casinos, The Strip, Wall Street, Wynn Resorts | 1 Comment

Explosive month in Indiana, elsewhere

Hoosier State casinos were raking it in hand over fist last month, as casino receipts shot 14.5% upward. The $192 million gross included $7 million from still-novel table games at Indiana Grand and Hoosier Downs. Yes, there was an extra … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dan Gilbert, Economy, Eldorado Resorts, Full House Resorts, Hard Rock International, Indiana, MGM Resorts International, Ohio, Penn National, Racinos, Spectacle Entertainment, Sports betting | Comments Off on Explosive month in Indiana, elsewhere

Atlantic City looking good; Murren calls it quits

An extra weekend day helped nudge Atlantic City casinos up 8% last month, for a $192 million gross. Tables were relatively sluggish (+1%) but slots were hot (+11%). Borgata gained 8.5% on the strength of 4.5% more table win—despite 3% … Continue reading

Posted in Atlantic City, Caesars Entertainment, China, CityCenter, Conventions, Detroit, Eldorado Resorts, Hard Rock International, Health, Internet gambling, Japan, Maryland, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, Morris Bailey, Nevada, New Jersey, New York, Ocean Resort, Ohio, Sports, Sports betting, Technology, The Strip, Tilman Fertitta, Wall Street | 3 Comments

Boom in the Rust Belt

You’d be forgiven if you did a double take upon seeing the latest casino-revenue numbers out of the Midwest. Business is up—to sometimes-unprecedented degrees. Take Ohio, for instance. It’s always a casino-friendly state … but a 19% upsurge in revenue? … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, DraftKings, Economy, Eldorado Resorts, FanDuel, Full House Resorts, GLPI, Hard Rock International, Illinois, Indiana, MGM Resorts International, Missouri, Ohio, Penn National, Racinos, Rush Street Gaming, Spectacle Entertainment, Sports betting | 2 Comments

MGM, Cordish boom in Maryland; Here come the robots

Turns out the Maryland market hasn’t quite been saturated, after all. January saw 6% growth in gambling revenue, led by MGM National Harbor‘s $58.5 million (+4%). Slots at MGM were up 10% but table win down 2%. MGM had 40% … Continue reading

Posted in Caesars Entertainment, China, Churchill Downs, Cordish Co., Entertainment, Golden Gaming, Japan, Maryland, MGM Resorts International, Movies, Ohio, Penn National, Planet Hollywood, Technology, The Strip, West Virginia | Comments Off on MGM, Cordish boom in Maryland; Here come the robots

Coronavirus hits Vegas; Connecticut’s massive screwup

This just in … It’s here! The Southern Nevada Health District has reported a possible case of coronavirus. More details as we get them. In the meantime, there are at least six confirmed cases in Macao, as gaming stocks suffer … Continue reading

Posted in Atlantic City, Caesars Entertainment, Connecticut, Cosmopolitan, Dan Gilbert, Eldorado Resorts, Foxwoods, Health, Japan, Las Vegas Raiders, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Ohio, Oklahoma, Politics, Sports, Sports betting, Taxes, The Strip, Tourism, Transportation, Tribal | Comments Off on Coronavirus hits Vegas; Connecticut’s massive screwup

Power play in Springfield; Packer faces impeachment

We had a gut feeling this was coming. MGM Resorts International CEO Jim Murren has given the sack to MGM Springfield President Michael Mathis, replacing him with MGM Northfield Park prexy Chris Kelly. Northfield Park hasn’t missed a step since … Continue reading

Posted in Australia, China, Connecticut, Crown Resorts, International, James Packer, Japan, Law enforcement, Lawrence Ho, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Money laundering, New Jersey, Ohio, Stanley Ho, The Crown 18, The Mob | Comments Off on Power play in Springfield; Packer faces impeachment

Big MGM payday; Halting casino extortion; Wynn scammed

Betting the farm on Japan, CEO of MGM Resorts International Jim Murren has realized his goal of selling MGM Grand and Mandalay Bay. The price was a sweet $4.6 billion it will only cost MGM $292 million a year to lease … Continue reading

Posted in Caesars Entertainment, Eldorado Resorts, Environment, Hard Rock International, Indiana, Japan, Law enforcement, Louisiana, Macau, Massachusetts, Maverick Gaming, MGM Resorts International, Ohio, Penn National, Philippines, Spectacle Entertainment, Sports betting, Taxes, The Strip, Wynn Resorts | Comments Off on Big MGM payday; Halting casino extortion; Wynn scammed