Category Archives: Slot routes

Maryland: Playing the blame game; Island casinos confront Trump

As might be expected, MGM National Harbor‘s opening strapped a jet pack on Maryland casino revenues for December, which came in at $133.5 million, easily surpassing last May’s then-record $104 million. Wagering — as opposed to win — per slot … Continue reading

Posted in Cordish Co., Donald Trump, Economy, Harrah's, Horseracing, Illinois, International, Internet gambling, Macau, Maine, Maryland, MGM Mirage, Penn National, Racinos, Regulation, Slot routes, Taxes, Tribal | Comments Off on Maryland: Playing the blame game; Island casinos confront Trump

Cheerless Christmas in Illinois; Whitewash at Caesars?

Despite two extra weekend days, gaming revenues in Illinois were down 5% last month. For all we know, gamblers may have been saving up for Christmas but we think this points to the increasing prevalence of slot routes (many owned … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, GLPI, Harrah's, Horseracing, Illinois, MGM Mirage, Neil Bluhm, Penn National, Racinos, Slot routes, Sports, The Strip, Unite-Here | Comments Off on Cheerless Christmas in Illinois; Whitewash at Caesars?

National Harbor boffo for MGM; Icahn keeps them guessing

In its first month, MGM National Harbor has been both good and bad for Maryland. Although the MGM Resorts International property, acclaimed by some as being Las Vegas Strip-caliber, did blockbuster numbers, the rest of the Maryland casino industry was … Continue reading

Posted in Carl Icahn, Cordish Co., Glenn Straub, Golden Gaming, Harrah's, Internet gambling, Maryland, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Politics, Revel, Slot routes, Taxes, The Strip, Tropicana Entertainment, Unite-Here, Wall Street | 2 Comments

Running the tables in Pennsylvania; MGM woos Georgia (again)

Due to Pennsylvania‘s quirky habit of releasing slot and table game revenue numbers in staggered fashion, we don’t often comment on Keystone State gambling revenues. Fortunately, the Center for Gaming Research at UNLV consolidates the information into one handy-dandy report. … Continue reading

Posted in Architecture, Aristocrat, Australia, Cosmopolitan, Economy, Eldorado Resorts, Georgia, GLPI, Greenwood Racing, Harrah's, Hooters, Isle of Capri, Macau, Maryland, MGM Mirage, Mohegan Sun, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Sheldon Adelson, Slot routes, SLS Las Vegas, Taxes, The Strip, Tourism, Transportation | Comments Off on Running the tables in Pennsylvania; MGM woos Georgia (again)

LV Monorail lives; MGM shatters expectations

Whether or not you consider the Las Vegas Monorail a while elephant, its trunk is going to grow a bit longer. Clark County is diligently pursuing the permits that would enable it to extend the Monorail to Mandalay Bay, where … Continue reading

Posted in Atlantic City, Boyd Gaming, Detroit, GLPI, Harrah's, Illinois, Macau, MGM Mirage, Mississippi, Neil Bluhm, Penn National, Sheldon Adelson, Slot routes, The Strip, Transportation, Wall Street | 1 Comment

Pennsylvania lawmakers screw the pooch; Adelson’s way or the highway

Pennsylvania communities are scrambling to reach voluntary revenue-sharing accords with the casinos they host after the Legislature left the issue in limbo. Rather than address the host-community fee on its own, the House of Representatives tacked on approval of Internet … Continue reading

Posted in Architecture, Environment, GLPI, Golden Gaming, Greenwood Racing, Harrah's, Internet gambling, Maryland, Massachusetts, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Slot routes, Steve Wynn, Taxes, Technology | Comments Off on Pennsylvania lawmakers screw the pooch; Adelson’s way or the highway

Quote of the Day

“Frankly, the bar industry was dead. A lot of people were coming out of the good times when small business owners were making money, when business went bad. Three or four of our locations went bankrupt. And when a small … Continue reading

Posted in Economy, Illinois, Slot routes | Comments Off on Quote of the Day

Sheldon’s new errand boy; Caesars: Let’s make a deal

Las Vegas Sands CEO Sheldon Adelson is known to be the Lady Bountiful of the 2016 election, showering promising senatorial candidates with cash. One such hopeful is Arkansas Sen. Tom Cotton (R), who has thrown a legislative Hail Mary, attempting … Continue reading

Posted in Atlantic City, Donald Trump, Election, G2E, Genting, GLPI, Harrah's, IGT, Illinois, Internet gambling, New York, Penn National, Politics, Sheldon Adelson, Slot routes, Technology, Unite-Here, Warner Gaming | Comments Off on Sheldon’s new errand boy; Caesars: Let’s make a deal

Big Gaming meets the Street

Deutsche Bank analyst Carlo Santarelli has been in town and conducting a busy schedule of meetings. Pride of place must go to Wynn Resorts, which declared the opening of Wynn Palace “very clean,” with “solid” VIP business. Hotel occupancy is … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Cannery Casino Resorts, Culinary Union, Economy, Glenn Straub, GLPI, Illinois, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mississippi, Missouri, North Las Vegas, Pinnacle Entertainment, Reno, Revel, Sheldon Adelson, Slot routes, Station Casinos, Steve Wynn, The Strip, Tribal, Wall Street | Comments Off on Big Gaming meets the Street

Atlantic City saved

It’s all over. The fat lady hath sung. And Atlantic City lives to gamble another day. Discouraged by poll numbers that showed insurmountable support for the status quo in New Jersey, expansion PAC Our Turn NJ is closing up shop. That … Continue reading

Posted in Atlantic City, Carl Icahn, Cordish Co., Election, Entertainment, Harrah's, Illinois, International, Maryland, MGM Mirage, Mohegan Sun, New York, Penn National, Politics, Rhode Island, Slot routes, South Korea, Transportation | 1 Comment

See Scoundrel’s and die; Caesars fumbles the ball

It’s been a long time since the Nevada Gaming Commission even suspended a license. (I believe it was dive bar Snick’s Place, back in 2009, but I could be wrong.) However, the NGC has taken back the license of Scoundrel’s … Continue reading

Posted in Derek Stevens, Dining, Downtown, Election, Harrah's, Law enforcement, MGM Mirage, New York, Racinos, Regulation, Slot routes, The Strip | 1 Comment

Indiana gamblers visit less, play more; Rude surprise at Seminole Hard Rock

Indiana casino customers visited less last month but more than made up for it with increased spending, keeping Hoosier State gaming revenues stable. That even-keel figure conceals some big swings and roundabouts at individual property. Horseshoe Hammond had an unaccountably … Continue reading

Posted in Ameristar, Boyd Gaming, Cirque du Soleil, Dining, Florida, Full House Resorts, GLPI, Hard Rock International, Harrah's, Illinois, Indiana, MGM Mirage, Penn National, Pinnacle Entertainment, Racinos, Seminole Tribe, Slot routes, Transportation, Tropicana Entertainment | 1 Comment

Station tries to shed excess baggage; Steve Wynn’s big ape

Back in 2004, when euphoria ran high in the casino industry, Station Casinos got carried away and spent nearly $34 million on the dilapidated Castaways, at the north end of the Boulder Strip. Despite commissioning a design from Ed Vance for … Continue reading

Posted in Boulder Strip, Boyd Gaming, Entertainment, history, Illinois, MGM Mirage, Penn National, Slot routes, Sports, Station Casinos, Steve Wynn, The Strip | 1 Comment

Isaacs moves on; 50 years of Laughlin

Gavin Isaacs will be taking it easy, the CEO of Scientific Games is moving up to vice chairman, his CEO’s chair to be filled by former Norwegian Cruise Line executive Kevin M. Sheehan. If anybody’s earned the right to take … Continue reading

Posted in Aristocrat, Australia, Bally Technologies, Boyd Gaming, Cannery Casino Resorts, Harrah's, history, Illinois, Laughlin, Macau, Melco Crown Entertainment, North Las Vegas, Philippines, Scientific Games, Sheldon Adelson, Shuffle Master, Slot routes, Steve Wynn | Comments Off on Isaacs moves on; 50 years of Laughlin

Analysts: Buy Penn!; Veteran columnist calls it quits

According to J.P. Morgan analyst Joseph Greff, “meaningful contributions” from the Tropicana Las Vegas, Plainridge Park Casino and Illinois slot route Prairie State Gaming drove a 14.5% improvement in Penn National Gaming‘s cash flow last quarter. M Resort hit a … Continue reading

Posted in Alabama, California, Economy, Election, Entertainment, Fontainebleau, Illinois, M Resort, Marketing, Massachusetts, MGM Mirage, Penn National, Politics, Sheldon Adelson, Slot routes, Station Casinos, The Strip, Tribal, Wall Street | Comments Off on Analysts: Buy Penn!; Veteran columnist calls it quits

Pinnacle dominates Louisiana; Trump settles Vegas case

Pulled under by the Shreveport/Bossier City market (-6%), June gaming numbers in Louisiana came in 3% off last year’s. Pinnacle Entertainment‘s Boomtown Bossier ($5 million) far outperformed the competition, up 11%. Hardest hit were the Caesars Entertainment properties, with usually reliable … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, Culinary Union, Donald Trump, GLPI, Harrah's, Isle of Capri, Louisiana, Palms, Penn National, Pinnacle Entertainment, Racinos, Slot routes, Station Casinos, Tilman Fertitta, Tropicana Entertainment, Unite-Here | Comments Off on Pinnacle dominates Louisiana; Trump settles Vegas case

Casinos invest in Illinois slot routes; More turmoil in Adelsonia; MGM takes proxy war to Capitol Hill

After having spent four years being clobbered by slot routes (the installed slot base has reached 23,406 machines), Illinois casinos have decided they’d rather switch than fight. Investors in Rivers Casino have purchased a stake in lead operator Acel Entertainment … Continue reading

Posted in Atlantic City, Foxwoods, Glenn Straub, Illinois, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, Penn National, Politics, Revel, Sheldon Adelson, Slot routes, Vietnam | Comments Off on Casinos invest in Illinois slot routes; More turmoil in Adelsonia; MGM takes proxy war to Capitol Hill

What’s the verdict, Jack, er, Dan?; AGA & NIGA join forces

Cleveland Cavaliers playoff games were good for Dan Gilbert‘s casino businesses. His Jack Cleveland casino was up 13%, to $16 million last month. It’s far too soon for a verdict on the “Jack” (as in “up yours, asshole”) brand, which … Continue reading

Posted in Dan Gilbert, Eldorado Resorts, G2E, Geoff Freeman, Hard Rock International, Internet gambling, Marketing, Massachusetts, MGM Mirage, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Slot routes | Comments Off on What’s the verdict, Jack, er, Dan?; AGA & NIGA join forces

Battling along the Boardwalk; Supreme Court gives tribes the brush-off

While the previous record for an Atlantic City casino strike is 34 days, the showdown at Trump Taj Mahal looks like it will go the distance. Neither Local 54 of Unite-Here nor Carl Icahn shows any signs of backing down … Continue reading

Posted in Atlantic City, Carl Icahn, Glenn Straub, Golden Gaming, Internet gambling, Law enforcement, Maryland, Pennsylvania, Philippines, Politics, Regulation, Revel, Slot routes, Taxes, Tribal, Unite-Here | 1 Comment

Tipping point in Pennsylvania near; Cirque du NFL

“I think gaming expansion money in one form or another is necessary for this budget process to be complete,” spoke Pennsylvania House Majority Leader Dave Reed (R). With Gov. Tom Wolf (D, right) having given way on sales-tax and income-tax … Continue reading

Posted in Cirque du Soleil, Economy, International, Internet gambling, Lawrence Ho, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Mississippi, Pennsylvania, Politics, Sheldon Adelson, Slot routes, Sports, Station Casinos, Steve Wynn, Taxes, The Strip, Wall Street | Comments Off on Tipping point in Pennsylvania near; Cirque du NFL