Category Archives: Ohio

18 Fremont’s cover blown; Resorts World LV delayed yet again

Posted on December 10, 2018 by David McKee

Last week, Ryan Hess stole Derek Stevens‘ thunder, posting a stunning rendering for 18 Fremont on Twitter and linking to an EB-5 visa Web page that included more sexy pictures — six swimming pools — of the Stevens brothers’ upcoming … Continue reading →

Posted in Affinity Gaming, Ameristar, Architecture, Boyd Gaming, Caesars Entertainment, Dan Gilbert, Derek Stevens, Dining, Downtown, Eldorado Resorts, Full House Resorts, Genting, Indiana, International, Isle of Capri, Lucky Dragon, LVCVA, Majestic Star, Missouri, Ohio, Penn National, Steven Witkoff, The Strip, Tribal, Wall Street, Wynn Resorts | 1 Comment

Churchill Downs aims for Nashville; Goodbye, Sigma Derby

Posted on November 19, 2018 by David McKee

Late last week, Churchill Downs was awarded a racing license in Oak Grove, Kentucky, putting CHDN within an hour’s drive of the Nashville market. The plan is to invest $150 million in a racing oval, a hotel and — most … Continue reading →

Posted in Caesars Entertainment, Churchill Downs, Dan Gilbert, Detroit, Entertainment, Genting, Georgia, history, Kentucky, MGM Resorts International, Ohio, Penn National, Racinos, Regulation, Sexual misconduct, Sheldon Adelson, Steve Wynn, Technology, The Strip, Wall Street, Wynn Resorts | 2 Comments

Promising horizon for Penn; Frissora exiting Caesars

Posted on November 2, 2018 by David McKee

Penn National Gaming came in from 3Q18 below Wall Street‘s expectations but JP Morgan analyst Joseph Greff defends the company, citing high expectations of free cash flow in 2019 (12%) and 2020 (20%), even after capex reinvestments. The addition of … Continue reading →

Posted in Atlantic City, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Illinois, Lucky Dragon, Macau, Marketing, Massachusetts, Mississippi, Ohio, Pennsylvania, Sports betting, Tilman Fertitta, Wall Street, West Virginia | Comments Off

Ohio up, Missouri down and Caesars tries harder

Posted on October 10, 2018 by David McKee

Although it will forever be a mystery why Caesars Entertainment evacuated Ohio, now that gaming revenues in the Buckeye State are on the upswing, it’s understandable that CEO Mark Frissora would want to get back in. Last month, gross gaming … Continue reading →

Posted in Ameristar, Atlantic City, Caesars Entertainment, Dan Gilbert, Dining, Donald Trump, Eldorado Resorts, Hard Rock International, history, Isle of Capri, MGM Resorts International, Missouri, Ohio, Penn National, Pinnacle Entertainment, Tribal | Comments Off

MGM: Riding out the storm

Posted on September 24, 2018 by David McKee

As Golden Week nears in Macao, hotel rooms are sold out at all Wynn Macau properties. MGM Grand Paradise has one night open while struggling MGM Cotai has three nights of vacancies (and this without its full complement of rooms). … Continue reading →

Posted in Caesars Entertainment, Downtown, Environment, Hard Rock International, Las Vegas Sands, Macau, Marijuana, MGM Resorts International, Ohio, Oklahoma, Taxes, The Strip, Wall Street, Wynn Resorts | 1 Comment

The mystery of Talking Stick; Okada strikes again

Posted on September 17, 2018 by David McKee

On August 11, the latest in a series of monsoons wiped out the primary and backup generators at Talking Stick Resort. The casino was expected to reopen later last month but hasn’t, leaving some asking questions. Talking Stick Resort Public Relations … Continue reading →

Posted in Arizona, Caesars Entertainment, Dan Gilbert, Detroit, International, Kazuo Okada, Ohio, Philippines, Technology, Tribal | Comments Off

Hot in August

Posted on September 12, 2018 by David McKee

Regional casinos were the big story last month, with four crucial jurisdictions all posting gains. (So, too, did Iowa but we rarely cover it in S&G because so few of the innumerable casinos make major amounts of revenue.) Maryland hopped … Continue reading →

Posted in Affinity Gaming, Ameristar, Caesars Entertainment, Cordish Co., Dan Gilbert, Eldorado Resorts, Full House Resorts, GLPI, Golden Gaming, Hard Rock International, Indiana, Iowa, Majestic Star, Maryland, MGM Resorts International, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Taxes, Tribal, Tropicana Entertainment | 1 Comment

Project First Light dims; Once and future Horseshoe?

Posted on September 11, 2018 by David McKee

After much hemming and hawing, the Trump administration finally came down off the fence on the Mashpee Wampanoag‘s Project First Light casino, saying it couldn’t see a way forward to taking the land into trust for gaming purposes. U.S. District Court … Continue reading →

Posted in AGA, Baseball, Boyd Gaming, Caesars Entertainment, Dan Gilbert, Detroit, DFS, Dining, Eldorado Resorts, Genting, Kentucky, Massachusetts, Movies, Ohio, Penn National, Politics, Regulation, Rhode Island, Sports, Sports betting, The Strip, Tribal | Comments Off

Playing the Trump card; Manilow renewed

Posted on August 22, 2018 by David McKee

In his latest newsletter, gaming-law expert I. Nelson Rose looks at the impact, real and potential, of retaliatory tariffs on playing cards. Canada and the European Union have imposed 10% import levies on playing cards from the United States, though … Continue reading →

Posted in Donald Trump, Economy, Entertainment, Greenwood Racing, International, Kentucky, Las Vegas Sands, Lucky Dragon, Macau, New Jersey, Ohio, Paragon Gaming, Pennsylvania, Politics, Sports betting, The Crown 18, The Strip, Westgate LV | Comments Off

Horseplay in Nebraska; High art in Springfield

Posted on August 21, 2018 by David McKee

It’s early days for the 2020 election but the Ho-Chunk Nation is partnering with The Nebraska Horsemen’s Benevolent & Protective Association on a petition drive to get racinos onto that election-year ballot. As many as six tracks could be affected. One of the, … Continue reading →

Posted in Atlantic City, Election, Horseracing, Internet gambling, Massachusetts, MGM Resorts International, Nebraska, Ohio, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports betting, Tribal, West Virginia | Comments Off

Casino revenues surge (almost) everywhere

Posted on August 8, 2018 by David McKee

Maryland casino business continues to boom, up 5.5% last month. MGM National Harbor led the pack with $58 million. It will, however, be a source of dismay to ownership that play continues to trend toward highly taxed (60%) slots and … Continue reading →

Posted in Caesars Entertainment, Churchill Downs, Cordish Co., Dan Gilbert, Eldorado Resorts, Galaxy Entertainment, Golden Gaming, Las Vegas Sands, Lawrence Ho, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, Ohio, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Sociedade de Jogos de Macau, Taxes, West Virginia, Wynn Resorts | Comments Off

MGM gets panned; Eldorado reaps laurels

Posted on August 3, 2018 by David McKee

First, the good news. Park MGM generated $9 million across the last three quarters, which is pretty good when you consider that it’s essentially a construction site. JP Morgan analyst Joseph Greff opines that this partly makes up for “weak” … Continue reading →

Posted in Eldorado Resorts, Florida, Illinois, Japan, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Ohio, Racinos, Reno, Scientific Games, Sports betting, The Strip, Tropicana Entertainment, Wall Street | Comments Off

MGM, Boyd make sports-betting pact; Win-win for Dover Downs

Posted on July 31, 2018 by David McKee

“We are in an envious position when it comes to this growth opportunity. Few companies can match our 40 plus years of experience in sports wagering, our significant sports betting infrastructure here in Nevada and our growing geographical footprint across … Continue reading →

Posted in Arkansas, Colorado, Delaware, Election, Greenwood Racing, Illinois, Indiana, Internet gambling, Iowa, Kansas, Louisiana, Massachusetts, MGM Resorts International, Mississippi, Missouri, Neil Bluhm, Ohio, Pennsylvania, Racinos, Regulation, Rhode Island, Sports betting, Taxes, Tribal, Wall Street | 1 Comment

Penn bullish on Trop; Boyd wows Wall Street

Posted on July 27, 2018 by David McKee

M Resort and Tropicana Las Vegas are no longer the charity cases of Penn National Gaming. The company made a point of lauding them during this week’s earnings call, with JP Morgan analyst Joseph Greff characterizing their performance — along … Continue reading →

Posted in Boyd Gaming, Derek Stevens, Downtown, Geoff Freeman, Illinois, Indiana, International, Las Vegas Sands, M Resort, Massachusetts, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Sheldon Adelson, Slot routes, The Strip, Tribal, Wall Street | 1 Comment

MGM lawsuit shaky; Sports betting slow to gain traction

Posted on July 24, 2018 by David McKee

If MGM Resorts International thinks its federal lawsuit against victims of the Mandalay Bay Massacre will be a speedy way of disposing of all pending cases, it may be in for a rude surprise. Legal experts say the matter could … Continue reading →

Posted in Japan, Law enforcement, Macau, Mandalay Bay Massacre, MGM Resorts International, Mississippi, Ohio, Regulation, Sports, Sports betting | Comments Off

MGM lawsuit backfires

Posted on July 18, 2018 by David McKee

MGM Resorts International stepped in it — at least momentarily — when it elected to sue victims of the Mandalay Bay Massacre in federal court. The Twitterverse briefly arose in #BoycottMGM outrage, but it died down by day’s end and … Continue reading →

Posted in Architecture, Arizona, Atlantic City, Dan Gilbert, Detroit, Donald Trump, Environment, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Ohio, Security, Sports, The Strip, Trump Entertainment Resorts | 1 Comment

MGM: Time to buy; Arkansas casinos one step closer

Posted on July 11, 2018 by David McKee

As of today, Hard Rock Rocksino, in Ohio, is official part of MGM Growth Properties. However, until MGP finds a new tenant, Hard Rock International will continue to run the place. It’s a win-win for Hard Rock and MGP. For … Continue reading →

Posted in Arkansas, Atlantic City, Dining, Election, Genting, Hard Rock International, history, Las Vegas Sands, Macau, MGM Mirage, Mississippi, Ohio, The Strip, Wall Street | Comments Off

A tale of four states

Posted on July 10, 2018 by David McKee

Illinois‘ casino industry has never recovered from the Great Recession. We’ll never know if it would have done so but the inception of slot routes has basically nipped any recovery in the bud. As such, the Land of Lincoln will … Continue reading →

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Eldorado Resorts, Full House Resorts, GLPI, Illinois, Indiana, Majestic Star, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Racinos, Rush Street Gaming, Slot routes, Tribal, Tropicana Entertainment, Wall Street | Comments Off

Quote of the Day

Posted on June 17, 2018 by David McKee

“I also keep thinking of Viktor Orban, the far-right nationalist Prime Minister of Hungary, who has declared the era of liberal democracy to be over. Given the multi-pronged attacks on voting rights in the US, including Monday’s appalling 5-4 Supreme … Continue reading →

Posted in International, Ohio | Comments Off

Midwest torpor; Freeman says goodbye

Posted on June 11, 2018 by David McKee

A wave of prosperity among Midwest casinos has hit the wall, at least for the near term. Indiana and Missouri joined Illinois, Ohio and Iowa in reporting flat year/year gaming revenues for May. In Indiana, gamblers were losing 15.5% more … Continue reading →

Posted in Ameristar, Boyd Gaming, Brazil, Centaur Gaming, Eldorado Resorts, Full House Resorts, Geoff Freeman, Harrah's, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Law enforcement, Macau, Majestic Star, Melco Resorts & Entertainment, Missouri, Ohio, Penn National, Pinnacle Entertainment, Sheldon Adelson, Tribal, Tropicana Entertainment | Comments Off