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Category Archives: Penn National
Atlantic City prospers; Inflation vs. gaming: Which prevails?
Liar, liar, pants on fire. That’s what we say to Atlantic City casino executives who predict the coming of the Apocalypse is smoking is banned in their premises. First-quarter gross operating profits were up even by pre-pandemic standards, which hardly … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Canada, Conventions, Dan Lee, Detroit, DraftKings, Economy, Election, Gary Goett, Golden Nugget, Hard Rock International, Internet gambling, Iowa, Kansas, MGM Resorts International, Minnesota, Mohegan Sun, Nebraska, New York, Ocean Resort, Peninsula Pacific, Penn National, Philippines, Politics, Sports betting, Taxes, Technology, Tourism, Transportation, Tribal, Wall Street
1 Comment
George of the Year; Kansas ayes sports betting, Missouri not
It’s only May but we have to give the nod to The Cosmopolitan of Las Vegas. Outgoing owner Blackstone Group graced all employees with $5,000 bonuses, an incredibly generous gesture. Blackstone certainly didn’t have to do it but they did … Continue reading
Posted in Australia, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Chicago, Cosmopolitan, Crown Resorts, Full House Resorts, Hard Rock International, Illinois, Indiana, Internet gambling, Kansas, Kazuo Okada, Macau, Marketing, MGM Resorts International, Missouri, Penn National, Phil Ruffin, Philippines, Politics, Rush Street Gaming, Security, Slot routes, Sociedade de Jogos de Macau, Sports betting, Star Entertainment, Virginia
Comments Off on George of the Year; Kansas ayes sports betting, Missouri not
Wynn treads water, IGT overachieves, Ohio and Missouri flatten
Pay no attention to the man behind the curtain (Xi Jinping). That was the message of Wynn Resorts‘ first-quarter earnings call. Some analysts weren’t having it, with Deutsche Bank‘s Carlo Santarelli opining that Macao was “the real story.” That being … Continue reading
Posted in Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dan Lee, Economy, Full House Resorts, Hard Rock International, Health, IGT, Illinois, International, Internet gambling, Jack Entertainment, Lotteries, Macau, Maryland, Massachusetts, MGM Resorts International, Missouri, New York, Ohio, Oklahoma, Penn National, Real Estate, Regulation, Sports, Sports betting, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts
3 Comments
Sex, drugs and Resorts World LV; Massachusetts gets serious about sports betting; Caesars wins two Freddies
Both the reputations of Resorts World Las Vegas and its president, Scott Sibella, could be besmirched by a Nevada Gaming Control Board investigation. The tentative probe stems from charges made by gambler Brandon Sattler as part of a huge bankruptcy … Continue reading
Posted in Architecture, Caesars Entertainment, California, Detroit, Economy, Japan, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Money laundering, Peninsula Pacific, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resorts World LV, Sam Nazarian, Singapore, Sports betting, Taxes, The Mob, The Strip, Tribal, Wynn Resorts
1 Comment
Playing politics with gaming
Although the Indian Gaming Association trade show in sunny Anaheim is sucking all the wind out of casino news this week, there’s still movement happening, mostly in the state houses. Take the weird, hybrid sports-betting bill that just passed out … Continue reading
Posted in Caesars Entertainment, DraftKings, FanDuel, Japan, Maine, MGM Resorts International, Penn National, Politics, Regulation, Sports betting, Taxes, Texas, Tribal
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Politics as unusual in Chicago; Caesars: Rock the casbah
It never seems to get easier for Chicago casino applicants, who are facing stony opposition from many of their would-be neighbors (and customers) and who also find themselves pawns in a convoluted political process. At stake is something called “aldermanic … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Culinary Union, Detroit, Hard Rock International, Horseracing, Illitch Family, Indiana, International, Lotteries, MGM Resorts International, Neil Bluhm, Nevada, New York, Penn National, Politics, Regulation, Rush Street Gaming, Station Casinos, Wall Street, Wynn Resorts
2 Comments
Casinos in clover nationwide; Mega-Jottings for a Monday
Masters Week has come and gone, and Augusta now sinks back into an 11-month torpor. Which also helps us return to standard-edition S&G. (Seen on the marquee of the church closest to Augusta National: “This is Amen Corner.”) Where to … Continue reading
Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Conventions, CQ Holdings, Current, Derek Stevens, Diversity, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Georgia, Hard Rock International, Illinois, Indiana, International, Jack Entertainment, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Missouri, Nevada, New York, North Las Vegas, Ohio, Palms, Penn National, Pennsylvania, Politics, Racinos, Sahara, Singapore, Sports, Sports betting, Taxes, Tribal
1 Comment
Optimism in Las Vegas; Bluhm bombs in Chicago
On his way home from Black Hawk, Colorado, gaming analyst Barry Jonas of Truist Securities popped into Las Vegas. He met with various and sundry publicly traded companies, even MGM Resorts International, for which he feels little love. He also … Continue reading
Posted in Arizona, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Chicago, DraftKings, Economy, Everi, FanDuel, Florida, G2E, Hard Rock International, Health, IGT, Las Vegas Sands, MGM Resorts International, Neil Bluhm, Palms, Penn National, Politics, Problem gambling, Rush Street Gaming, Scientific Games, Sports betting, Station Casinos, Technology, Tribal, Virginia, Wall Street
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Atlantic City, Massachusetts make big gains; Hotel misery
Casino executives in Atlantic City continue to plead poverty (to a dwindling amen corner) when it comes to poisoning their employees with secondhand smoke. In the meantime, they’re pocketing business hand over fist. Last month saw a 43% catapult over … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, Environment, FanDuel, Golden Nugget, Hard Rock International, Health, Internet gambling, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, PointsBet, Sports betting, The Strip, Tilman Fertitta, Unite-Here, Wynn Resorts
2 Comments
New York $tate of mind; DraftKings gets rabies
OK, so New York State sports betting “slowed slightly” last month. Big deal. After all, there weren’t five weekends of NFL action, for starters. What’s more newsworthy is the $1.5 billion in handle that Empire State online sports betting whipped … Continue reading
