-
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 - 56,334 views
- You can’t fix stupid; Good-bad news on the bayou - 56,235 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,658 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,593 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,574 views
- Profit vs. investment on the Strip - 1,055,340 views
- Lame nag; Frissora overpaid? - 578,473 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,471 views
- That casino smell - 63,595 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,119 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,704 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,117 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,750 views
Blogroll
Admin.
Category Archives: Penn National
MGM back into Atlantic City?
MGM Resorts International has a 50% stake in Borgata that nobody wants … except MGM. In bolstering move that Atlantic City sorely needs, MGM may get to reclaim its half of the resort (with the support of partner Boyd Gaming), … Continue reading
Christie: Oops, he did it again; Maryland: Take my casino, please
New Jersey Gov. Chris Christie (R) loves to veto Internet gambling bills so much that he’s just done it for a second time. There was incremental progress: In punting the ball to the Legislature’s one-yard line, Christie endorsed the idea … Continue reading
Posted in Atlantic City, Current, Economy, Goldman Sachs, Harrah's, Internet gambling, Marketing, Maryland, Massachusetts, Penn National, Politics, Regulation, Steve Wynn, Taxes, The Strip, Tribal
Comments Off on Christie: Oops, he did it again; Maryland: Take my casino, please
Ameristar: No surprises; Illinois, Iowa and Ohio all soft
A preview of Ameristar Casinos‘ 4Q12 report draws an about-what-we-expected reaction from Joseph Greff of J.P. Morgan. Ameristar narrowly missed most of Wall Street‘s expectations, a result Greff partially attributes to “sluggish … regional gaming spend.” Hardest-hit by the competition … Continue reading
Posted in Boyd Gaming, Colorado, Current, Detroit, Economy, Harrah's, Illinois, Iowa, Isle of Capri, Kansas, MGM Mirage, Mississippi, Missouri, MTR Gaming, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment
Comments Off on Ameristar: No surprises; Illinois, Iowa and Ohio all soft
All roads lead to Springfield
That idyllic scene above is not Massachusetts but Vermont. However, the Green Mountain State is not only shaped like a funnel, it is one, an untapped market just waiting to be drained by whichever casino lands the coveted western Massachusetts … Continue reading
Posted in Ameristar, Architecture, Economy, Election, Harrah's, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Regulation, Sheldon Adelson, Steve Wynn, Tribal, Wall Street
Comments Off on All roads lead to Springfield
Caesars: Cui bono?; Loveman woos Britney
Our question for the day is, “Who benefits?” Taking the long view of Caesars Entertainment to bundle a mixed bag of Planet Hollywood, its-casino-to-be in Baltimore and Caesars Interactive, in whose interest is it to purchase minority stakes, since CEO … Continue reading
Panic time at Caesars; Penn’s Ohio strategy a botch; Where in the world is Robert Earl?
It may have taken time for Gary Loveman‘s chickens to come home to roost but they’re doing it by the flockful. To raise cash, pronto, Caesars Entertainment — which hasn’t turned a profit in over three years — has piled … Continue reading
Case Bets: Super Bowl, WMS, Bally, Wynn, Penn vs. MGM
“The twilight’s last reaming”?!?!? Christina Aguilera said it, I didn’t. Of all the proposition bets being made on Sunday’s “Big Game” (the favored Vegas euphemism), my favorite is how long it will take Alicia Keys to crawl through the National … Continue reading
Posted in Architecture, Bally Technologies, Current, Economy, Entertainment, IGT, International, Macau, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Scientific Games, Slot routes, Sports, Steve Wynn, Tourism, Wall Street, WMS Industries
Comments Off on Case Bets: Super Bowl, WMS, Bally, Wynn, Penn vs. MGM
Penn lowers sights; Sands’ $3 billion quarter
Penn National Gaming trimmed its 2013 revenue projections today by 3% — not surprising, given the “headwinds” represented by recent tax changes that will eat into Americans’ discretionary income. Sluggish early slot performance in the Columbus and Toledo markets was … Continue reading
Posted in Current, Economy, Election, Marketing, Maryland, Ohio, Penn National, Pennsylvania, Sheldon Adelson, Singapore, The Strip, Wall Street
1 Comment
Hart’s war; Cramer lurves Adelson; Penn’s good deed
As the clock ticks toward a shareholder fight over International Game Technology, CEO Patti Hart tried to rally her troops with a bit of good news. IGT has inked a pact to sell 1,375 VLTs to Saskatchewan, representing one-third of … Continue reading
Posted in Economy, IGT, Illinois, International, M Resort, Penn National, Sheldon Adelson, Slot routes, Technology, TV, Wall Street
4 Comments
Boyd tightens belt; Detroit defies Ohio threat; Tilman makes a boo-boo
It’s time to pay the piper for Boyd Gaming‘s $1.5 billion takeover of Peninsula Gaming and Boyd employees are the first ones feeling the pinch. Three vice presidents — including 13-year Boyd veteran Dan Stark — and roughly 250 employees … Continue reading
Posted in Atlantic City, Boyd Gaming, Current, Economy, Iowa, Louisiana, MGM Mirage, Ohio, Penn National, Pinnacle Entertainment, Regulation, Revel, Tilman Fertitta, Tribal, Warner Gaming
Comments Off on Boyd tightens belt; Detroit defies Ohio threat; Tilman makes a boo-boo
Maryland: Who’s got the last laugh now?; Murren goes North, other companies look South
MGM Resorts International, that’s who. As predicted, a lawsuit filed to overturn last November’s casino expansion was laughed out of court. Judge Ronald A. Silkworth called the litigation “baseless,” which is a nice way of saying, “Thanks for wasting my … Continue reading
Posted in Cirque du Soleil, Current, Economy, Entertainment, Florida, International, Iowa, MGM Mirage, Nebraska, Penn National, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Taxes, Texas, Tribal
Comments Off on Maryland: Who’s got the last laugh now?; Murren goes North, other companies look South
Quote of the Day
“[W]e are lowering our 4Q12, 2013, and 2014 forecasts given sluggish regional gaming trends, earlier than expected cannibalization impacts, and a slow start at Hollywood Columbus.” — Deutsche Bank analyst Carlo Santarelli, on Penn National Gaming. Hmmmm, has a familiar … Continue reading
Posted in Current, Economy, Ohio, Penn National, Wall Street
Comments Off on Quote of the Day
Adelson fleeing Pennsylvania
Back when Las Vegas Sands was waffling over the completion of Sands Bethlehem and rattling its tin cup for joint-venture partners, I suspected that Sheldon Adelson had lost his stomach for the project and would probably sell it. Sands has … Continue reading
Posted in Ameristar, Current, Genting, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Steve Wynn, The Strip, Tribal
3 Comments
Hollywood, we have a problem; The Marrandino mystery
Ohio casinos had a below-average December, although the blow was softened by table hold of — YEOW! — 23%. That’s borderline-astronomical compared to Las Vegas averages for 2004-2011 period. It’ll help make up for slot revenues that suggest, with six … Continue reading
Posted in Atlantic City, Boyd Gaming, Cordish Co., Current, Dan Gilbert, Economy, Harrah's, Horseracing, Maryland, MTR Gaming, Ohio, Penn National, Racinos, Regulation, Wall Street
3 Comments
MGM Cotai clears final barrier; devil in the Maryland details
Although the government of Macao enjoys nothing better than to make casino owners wait and fidget for their land leases to be “gazetted,” today is MGM Resorts International‘s lucky day. MGM China received final approval for its Cotai Strip megaresort. … Continue reading
Posted in Boyd Gaming, California, Current, Macau, Marketing, Maryland, Melco Crown Entertainment, MGM Mirage, Penn National, Politics, Regulation, Sheldon Adelson, Stanley Ho, Station Casinos, Steve Wynn, Tourism, Transportation, Tribal, TV, Wall Street
Comments Off on MGM Cotai clears final barrier; devil in the Maryland details
Revel: Slow learning curve ahead; Sheldon spanked in Singapore
By the time Revel CEO Kevin DeSanctis realizes he’s made a mistake, he’s almost always past the point of no return. Although it is my deeply rooted opinion that smoking is a noxious, disgusting habit that invades other people’s space, … Continue reading
Posted in Atlantic City, Cordish Co., Current, Economy, Environment, Genting, International, Maine, Marketing, Maryland, Penn National, Problem gambling, Racinos, Regulation, Revel, Sheldon Adelson, Singapore, Wall Street
Comments Off on Revel: Slow learning curve ahead; Sheldon spanked in Singapore
CityCenter’s clearance sale; Ameristar’s secret admirer
After a long, abyssal plunge, Las Vegas‘ real estate market has bottomed out — or so knowledgeable people tell me. Seems that the banks ’round here ignored Mitt Romney‘s (bad) advice to dump the “shadow inventory” en masse into the … Continue reading
Posted in Ameristar, CityCenter, Current, Donald Trump, Economy, Election, Harrah's, Illinois, Louisiana, Massachusetts, MGM Mirage, Missouri, Penn National, Pinnacle Entertainment, Sheldon Adelson, The Strip, Wall Street
Comments Off on CityCenter’s clearance sale; Ameristar’s secret admirer
PNK piquing little interest; B.S. walks
‘Twas the day after Christmas and all through the house, shareholders were beginning to cool on the value of Ameristar Casinos stock. It closed ever so slightly down from Pinnacle Entertainment‘s $26.50/share offer price. Perhaps I was wrong and $869 … Continue reading