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- If you can’t beat ’em, cheat ’em; Fun & games
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- 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
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- 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
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- Sibella scandal spreads; Supremes forestall Seminoles - 56,260 views
- You can’t fix stupid; Good-bad news on the bayou - 56,161 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,603 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,539 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,518 views
- Profit vs. investment on the Strip - 1,055,327 views
- Lame nag; Frissora overpaid? - 578,427 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,453 views
- That casino smell - 63,579 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,047 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,627 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,057 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,679 views
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Category Archives: Slot routes
Unlucky Lucy; Las Vegas “vibrant;” Secret plan for Atlantic City
No executives? No financing? No problem, right? Big problem! Just ask the nonentities behind a proposed Terre Haute casino. They just got turned down for a license. This almost never happens in “gold standard” Nevada, not because casino projects have … Continue reading
Posted in Architecture, Atlantic City, Bally, Caesars Entertainment, Charity, Conventions, Cordish Co., Dining, Economy, Entertainment, Hard Rock International, Horseracing, Illinois, Indiana, Law enforcement, Macau, MGM Resorts International, New York, North Carolina, Pennsylvania, Politics, Real Estate, Regulation, Slot routes, Sociedade de Jogos de Macau, Spectacle Entertainment, Taxes, The Strip, Tourism, Tribal, Virginia
2 Comments
Illinois limps, Ohio races; Flying the friendly skies with Hard Rock
First, the good news. Illinois gaming revenues held steady from April to May. However … they lagged May 2019 by 9.5%, for a gross of $107 million. The shining exception, as ever, was Rivers Casino Des Plaines, which cornered 39% … Continue reading
Don’t make mine Manhattan
That’s the word from key legislators, who have made it clear that Gov. Andrew Cuomo (D) would be putting a casino in Manhattan over their dead bodies. “I believe it would be seriously detrimental to the residential and commercial quality … Continue reading
Posted in Arizona, Atlantic City, Bally, BetMGM, Cosmopolitan, Entertainment, FanDuel, Genting, Georgia, Illinois, Las Vegas Sands, Marijuana, MGM Resorts International, Mohegan Sun, Nevada, New York, Politics, Regulation, Resort fees, Resorts World LV, Slot routes, Sports, Sports betting, Transportation, Wynn Resorts
2 Comments
BetMGM “very credible”; Recovery at Sands “gradual”
That’s how JP Morgan analyst Joseph Greff described an evidently persuasive virtual meeting with BetMGM covering the latter’s recent results and strategic objectives. “To us, this was a credible presentation (particularly with its customer acquisition and retention objectives and operating … Continue reading
Posted in Alabama, Atlantic City, Bally, California, Canada, China, Cosmopolitan, Culinary Union, Dotty's, DraftKings, Economy, FanDuel, Illinois, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, MGM Resorts International, Michigan, Mohegan Sun, Nevada, New Jersey, New York, Ocean Resort, Politics, Regulation, Singapore, Slot routes, Texas, The Strip, Tribal, Wall Street, Wynn Resorts
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Wall Street meets Las Vegas, Part II
Station Casinos dispatched Executive Vice President Rodney Atamian to meet with JP Morgan analysts last week. According to Joseph Greff, he reported, “solid/improving visitation and spend per visit trends.” A possible increase in Nevada casino-capacity limits to 50% should propel … Continue reading
Posted in Boulder Strip, Boyd Gaming, Caesars Entertainment, Downtown, Economy, FanDuel, Golden Gaming, Hawaii, Health, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, Maryland, Massachusetts, MGM Resorts International, Nevada, New Jersey, Palms, Penn National, Pennsylvania, Slot routes, Sports betting, Station Casinos, The Strip, Tourism, Wall Street, William Hill, Wynn Resorts
3 Comments
Wynn winning; Flyover Country keeps Caesars aloft
Wynn Resorts reported 3Q20 results yesterday and the headline item was Macao, where operating results were “soft” but “encouraging,” despite “negative to apathetic investor sentiment,” according to JP Morgan analyst Joseph Greff. Mass-market wagering was up 40% and credit issued … Continue reading
Posted in Atlantic City, Caesars Entertainment, Colorado, Conventions, Culinary Union, Dining, Diversity, Donald Trump, Economy, Election, Golden Gaming, Hard Rock International, Indiana, Internet gambling, Louisiana, Macau, Majestic Star, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Planet Hollywood, Politics, Reno, Slot routes, Sports betting, The Rio, The Strip, Tourism, Wall Street, William Hill, Wynn Resorts
2 Comments
Not all that is Golden glitters; Scientific’s cause for concern
Golden Gaming reported earnings today and there was sufficient good news to be upbeat about the stock—except in Nevada. Casino revenue fell 15% in 3Q20 to $115 million. Slot routes, which ought to be trending upwards, tumbled 31% to $48 … Continue reading
Posted in Economy, Golden Gaming, Health, Internet gambling, Lotteries, Maryland, Nevada, Scientific Games, Slot routes, Sports betting, Wall Street
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MGM “unsurprising”; Penn outperforms
Analysts at JP Morgan were blasé about MGM Resorts International‘s 3Q20 report, setting their price target at $22/share. Wrote Joseph Greff, “We remain Neutral rated as we continue to see a slow recovery on the LV Strip, a market that … Continue reading
Louisiana hard hit; Mohegan Sun, Foxwoods tops in U.S.
Slammed by a double-whammy of hurricanes, Louisiana was accordingly unfortunate in gambling revenue, which plunged 32% to $148.5 million. The only market spared was Baton Rouge (-12%). Lake Charles bore the brunt of Hurricane Laura and the numbers reflected it. … Continue reading
Posted in Arizona, Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, Derek Stevens, Dining, Donald Trump, Downtown Grand, Election, Foxwoods, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Las Vegas Raiders, Las Vegas Sands, Louisiana, Marketing, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, Ocean Resort, Oklahoma, Penn National, Reno, Sahara, Sheldon Adelson, Slot routes, Sports betting, Station Casinos, Tamares Group, The Strip, Tourism, Transportation, Tribal, Twin River, Wynn Resorts
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Dark portent for MGM Springfield; Chicago courts casinos
A thousand MGM Springfield employees have been canned, effective today. A skeleton crew of 800 keeps the casino-resort open, as it writhes in pandemic economic throes. Reports the Boston Globe, “State rules to prevent the spread of the coronavirus have … Continue reading
Posted in Caesars Entertainment, Canada, Cantor Gaming, Cosmopolitan, Derek Stevens, Dining, Donald Trump, Downtown Grand, Economy, Golden Gaming, Health, Illinois, Las Vegas Raiders, Las Vegas Sands, Massachusetts, MGM Resorts International, Nevada, North Las Vegas, Penn National, Phil Ruffin, Regulation, Reno, Sahara, Silverton, Slot routes, Station Casinos, Taxes, Terry Caudill, The Strip, William Hill, Wynn Resorts
2 Comments
Quote of the Day
“[Taverns] contribute to both the economic welfare of the community and substantial employment of the members of the community, [but] economic rights, such as alleged by plaintiffs, are not recognized as fundamental constitutional rights.”—Clark County Judge Kerry Earley, striking down … Continue reading
Posted in Nevada, Slot routes
1 Comment
Keystone State casinos go begging; IRS: DFS is gambling
What if they gave a casino and nobody came? How about six casinos? That’s the problem faced by Pennsylvania, whose Lege over-optimistically authorized 10 satellite casinos, dollar signs dancing in their heads. The first couple of rounds of bidding were … Continue reading
Covid tourism at Bally’s; College football conundrum
When Bally’s Las Vegas announced that the Real Bodies exhibit would be adding “Covid-19 Content” we admittedly feared the worst: corpses of Coronavirus victims on display. While cashing in on Covid-19 is in questionable taste, Real Bodies seems to be … Continue reading
Churchill Downs, Boyd impress analysts
Churchill Downs‘ second quarter was “solid” (Daniel Politzer) to say the least. Revenue shot past Wall Street‘s consensus expectation of $132 million to ring the bell at $185 million. Credit goes to a 27% increase in Internet-gaming revenue, including $100 … Continue reading
Posted in Boyd Gaming, Churchill Downs, Downtown, Economy, FanDuel, Horseracing, Illinois, Internet gambling, Kentucky, Slot routes, Sports betting
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Caesars gets wrist slapped in Atlantic City
Casino developers with eyes for Atlantic City just got their biggest break in years—or at least since the demise of Trump Taj Mahal. Assuming the Eldorado Resorts takeover of Caesars Entertainment goes through (and there’s no reason to believe otherwise), … Continue reading
Slot routes feel Sisolak’s wrath
Even after they were ordered to enforce mask-wearing or else, some casinos continue to flout the rules. Clark County conducted 1,600 inspections and found deficiencies at Silverton, an absence of social distancing at the Aria pool and no effort being … Continue reading
Posted in Atlantic City, Caesars Entertainment, California, Dining, Eldorado Resorts, Election, Golden Nugget, Indiana, Internet gambling, Las Vegas Sands, MGM Resorts International, Nevada, New Jersey, Ocean Resort, Regulation, Silverton, Slot routes, Sports betting, The Strip, Tribal, Unite-Here
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