-
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: Sorry, that page does not exist-
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 - 56,276 views
- You can’t fix stupid; Good-bad news on the bayou - 56,179 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,612 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,548 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,528 views
- Profit vs. investment on the Strip - 1,055,332 views
- Lame nag; Frissora overpaid? - 578,438 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,459 views
- That casino smell - 63,586 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,062 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,645 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,067 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,695 views
Blogroll
Admin.
Category Archives: Rush Street Gaming
Caution on Scientific, Golden; VIPs passé in Macao
Scientific Games must have been less than thrilled with Credit Suisse analyst Ben Combes‘ report on their third quarter. It was headlined, “Solid Quarter, But Leverage Concerns Keep Us on the Sidelines.” Cash flow of $344 million beat the Wall … Continue reading
Posted in California, Canada, China, Dining, Economy, Entertainment, Genting, Golden Gaming, Greenwood Racing, Illinois, International, Internet gambling, Las Vegas Raiders, Lotteries, Macau, MGM Resorts International, Nevada, New York, Penn National, Pennsylvania, PokerStars, Resort fees, Rush Street Gaming, Scientific Games, Sheldon Adelson, The Strip, Tribal, Wall Street, Wynn Resorts
Comments Off on Caution on Scientific, Golden; VIPs passé in Macao
Churchill Downs in expansive mood; Cannery security faulted
Churchill Downs‘ third-quarter cash flow of $88 million was $7 million shy of Wall Street‘s expectation. The shortfall extended across all segments of CHDN business, although increased casino competition in Maine was one of the contributing factors. In terms of … Continue reading
Posted in Baseball, Boyd Gaming, California, Churchill Downs, Kentucky, Las Vegas Sands, Macau, Maine, Mississippi, Ohio, Oklahoma, Pennsylvania, Racinos, Rush Street Gaming, Security, Sports betting, Tribal, Wall Street
Comments Off on Churchill Downs in expansive mood; Cannery security faulted
Air guitar; Forgiveness urged for Steve Wynn
The much-anticipated opening of Hard Rock International‘s guitar-shaped hotel-casino in Hollywood, Florida, drew celebrities from Hollywood, California (Johnny Depp), as well as ones who would attend the opening of an eyelid (Kim Kardashian). Hard Rock hopes to recreate the iconic … Continue reading
Posted in Architecture, Australia, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, Florida, Genting, Hard Rock International, Hooters, Illinois, International, Japan, Massachusetts, MGM Resorts International, Mississippi, Nevada, New York, Politics, Regulation, Rush Street Gaming, Scott Butera, Sexual misconduct, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wynn Resorts
1 Comment
Biden lobbies Station; Important victory for Flynt, casinos
George GOP donor Frank Fertitta III is unlikely to put missives from Joe Biden at the top of his in-box. Thus it was more of a theatrical gesture than a substantive negotiation when Biden wrote to the Fertitta, in an open … Continue reading
Ocean surges in Atlantic City; Wall Street yawns at MGM sale
Atlantic City gambling revenue was off 3% last month and we’ll be generous, chalking it up to one less weekend day than last year. The Boardwalk grossed $224.5 million, led by Borgata with $57.5 million (a 5% slippage). Table win … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Eldorado Resorts, Greenwood Racing, Hard Rock International, Internet gambling, Japan, MGM Resorts International, Mohegan Sun, Nevada, New Jersey, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Real Estate, Rush Street Gaming, Sports, Sports betting, The Strip, Tilman Fertitta, Tribal, Wynn Resorts
3 Comments
Dog ate Parx’s homework; Atlantic City Hilton sold … again
Parx Casino is out $1 million after overpaying its taxes and missing the deadline to file for a refund. So says a Pennsylvania judge. Parx had three years to rectify the overpayment and missed the deadline by a whopping six months. … Continue reading
Chicago casino tax damned; Kerkorian epoch ends
That Illinois casino expansion went back to the drawing board—the Illinois Gaming Board, to be exact. The topic of its ire was the 33% “privilege tax” hung around the neck of the Chicago casino (bringing its effective tax rate to … Continue reading
MGM selling crown jewels
It’s almost a done deal. MGM Resorts International will monetize its two most iconic properties by selling MGM Grand and Bellagio to Blackstone Group. The latter would lease the two megaresorts back to MGM, which would probably roll the sale … Continue reading
Posted in Charity, Internet gambling, Japan, MGM Resorts International, Pennsylvania, Philippines, Rush Street Gaming, Taxes, Technology, The Strip, Wall Street
Comments Off on MGM selling crown jewels
Wall Street: The Strip is all right; Rivals pile into Waukegan
JP Morgan analyst Joseph Greff has just returned from a two-day field trip to Las Vegas. His overall reaction was “incrementally positive.” He said he sensed “a fairly steady trend line in terms of overall spend and net revenue performance.” … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Conventions, Dan Gilbert, Dan Lee, Detroit, Dining, Entertainment, Full House Resorts, Illinois, Japan, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, Maryland, MGM Resorts International, Ohio, Palms, Penn National, Resort fees, Rush Street Gaming, Sahara, Sports betting, The Strip, Tribal, Wall Street, Warner Gaming, Wisconsin
Comments Off on Wall Street: The Strip is all right; Rivals pile into Waukegan
Squeezed in Schenectady; Seminoles step up
One of the goofs New York State made when authorizing upstate casinos was not to establish a level playing field of taxation. Rivers Casino Schenectady is hardest hit, paying 45% on its slot revenues and it’s finally decided to ask … Continue reading
Posted in Charity, Economy, Las Vegas Sands, Lawrence Ho, Marketing, Melco Resorts & Entertainment, MGM Resorts International, New York, Rush Street Gaming, Seminole Tribe, Sheldon Adelson, Singapore, Taxes, The Strip
Comments Off on Squeezed in Schenectady; Seminoles step up
Maryland good, Illinois becalmed, MGM furious
Maryland‘s casino industry showed continued health last month, up 5.5%. MGM National Harbor had 40.5% of market share while Maryland Live corralled 34.5% of trade. MGM grossed $62.5 million, with low-tax table games up 10% as opposed to only 4% … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Connecticut, Cordish Co., Eldorado Resorts, GLPI, Golden Gaming, Hard Rock International, Illinois, International, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Macau, Maryland, Mohegan Sun, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Slot routes, South Dakota, Sports, Wall Street, West Virginia
1 Comment
Furor in Illinois; ‘Carmageddon’ in New Jersey
Charles DeGaulle was famous as The Man Who Said No. That nickname may have to be reassigned to Churchill Downs CEO Bill Carstanjen. His decision not to seek racino status for Arlington International Racecourse has set the Illinois gaming industry and … Continue reading
Baccarat hamstrings the Strip
July would have been a good month for the Las Vegas Strip were it not for a wipeout at baccarat: down 26% on 15% less wagering, so luck was definitely not with the house. Overall, Strip revenues were up 1.5% … Continue reading
Posted in Boulder Strip, Churchill Downs, Downtown, Illinois, Lake Tahoe, Las Vegas Raiders, Laughlin, Nevada, North Las Vegas, Racinos, Reno, Rush Street Gaming, Sports, The Strip, Tourism, Transportation, Wall Street
Comments Off on Baccarat hamstrings the Strip
Massachusetts: Isn’t that special?
Although the Boston Globe gets a bit overheated about Tom O’Connell aspirations for a Region C casino they don’t get it wrong when they say O’Connell and associates “want to rewrite the rule book to suit their needs.” That means, … Continue reading
Posted in Colorado, Hooters, Horseracing, Macau, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Mississippi, Neil Bluhm, New York, Oregon, Paragon Gaming, Penn National, Pennsylvania, Regulation, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Station Casinos, Technology, Tribal, Wynn Resorts
Comments Off on Massachusetts: Isn’t that special?
What if they built a megaresort and nobody came?
Resorts World Catskills made it into the New York Times and not in a good way. A feature story focused on the $1.2 billion megaresort’s financial difficulties, caused in part by nine-figure loans. Empire Resorts says the casino does not … Continue reading
MGM Springfield plays rope-a-dope; Big break for Cordish
With MGM Springfield well short of revenue projections (and cutting jobs), President Michael Mathis was sent out to do PR damage control. “I feel good about the trajectory,” he claimed. He blamed Foxwoods Resort Casino and Mohegan Sun for the shortfall: We … Continue reading
Encore vanquishing competition; Newcomers dominate Atlantic City
Encore Boston Harbor, the best-smelling casino on the East Coast, had a crushing month, its first full one of operation. Its $48.5 million in revenue accounted for 60% of all Massachusetts gaming revenues. That breaks down as almost $1.6 million/day … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Connecticut, Detroit, Eldorado Resorts, Entertainment, Foxwoods, Greenwood Racing, Hard Rock International, Internet gambling, Marketing, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Rhode Island, Rush Street Gaming, Sports, Sports betting, Tilman Fertitta, Tribal, Wynn Resorts
2 Comments
Paging Steve Wynn; Genting mismanages risk
Somebody alert Steve Wynn. The mega-Walgreens at the northwest corner of Las Vegas Boulevard and Sahara Avenue is on the market as a “Once in a Generation High Profile Asset.” OK, the footprint is relatively small but the seller is … Continue reading
Lackluster in Louisiana; OK tribes stiff-arm Stitt
Whatever people in Louisiana were doing last month, gambling wasn’t it. Casino receipts were down 9% and you can’t blame it on the smoking ban in Baton Rouge (-13%), not when Lake Charles—the best market in the state—was nearly 10% … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Eldorado Resorts, GLPI, Greenwood Racing, Internet gambling, Louisiana, North Carolina, Oklahoma, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tilman Fertitta, Tribal
Comments Off on Lackluster in Louisiana; OK tribes stiff-arm Stitt
Trouble in paradise; Hard Rock comeback
As faithful S&G readers know, we’re coming up on the re-tender of the six casino concessions in Macao. One of the enclave’s most prominent junket operators, Suncity, had hoped to oust an existing concessionaire and take over its casinos. (A … Continue reading