Category Archives: Sociedade de Jogos de Macau

Horseshoe can’t save Louisiana; Big Brother returns

Despite only grossing $7.5 million last month, Horseshoe Lake Charles was the difference between an unadjusted, 6% decline in gambling revenue for Louisiana and a same-store, 10% declivity (lagging prosperous 2019 by 4%). Even so, the country’s most adverse casino … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Detroit, DraftKings, FanDuel, Golden Nugget, Illitch Family, Internet gambling, Louisiana, Macau, MGM Resorts International, Michigan, Penn National, Politics, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Stanley Ho, Wynn Resorts | Comments Off on Horseshoe can’t save Louisiana; Big Brother returns

Fanatics and freeloaders; Texas fails twice over

In its frenetic effort to gain market share in the U.S., Fanatics has cut a deal with outgoing PointsBet. For the relatively cheap price of $150 million, it is buying the American (but not Canadian) operations of PointsBet, which tells … Continue reading

Posted in Barstool Sports, Baseball, Caesars Entertainment, Culinary Union, DraftKings, Failsinos, FanDuel, Illinois, Las Vegas Sands, Macau, Marketing, Missouri, New York, PointsBet, Politics, Racinos, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Station Casinos, Taxes, Texas, The Strip, TV | Comments Off on Fanatics and freeloaders; Texas fails twice over

Pennsylvania, Lousiana flagging; All eyes on Macao

Casino winnings in Pennsylvania stuttered last month, hitting $311 million, flat with March 2022. Spreading more gaming wealth among a greater number of properties obviously isn’t helping on a same-store basis. Parx Casino maintained its supremacy with $53 million, despite … Continue reading

Posted in Ameristar, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, China, Churchill Downs, Cordish Co., CQ Holdings, Detroit, DraftKings, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Illitch Family, Internet gambling, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, The Strip, Tourism, Transportation, Tribal, WInd Creek, Wynn Resorts | 1 Comment

Voyage to Vegas, Part One

Not us. We’re in Vermont, vacationing. But Deutsche Bank analyst Carlo Santarelli trekked to Sin City and met with representatives of eight companies. We’ll start with MGM Resorts International, which waxed pretty darn upbeat. In Las Vegas, MGM’s strength lies … Continue reading

Posted in Arizona, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, CityCenter, Cosmopolitan, Culinary Union, Election, Fontainebleau, Genting, Hard Rock International, Indiana, Internet gambling, Iowa, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Missouri, Nebraska, New Jersey, New York, North Carolina, Palms, Penn National, Pennsylvania, Philippines, Politics, Singapore, Sociedade de Jogos de Macau, Sports, Sports betting, The Strip, Virginia, Wall Street | 3 Comments

Atlantic City still surging; Aces win it all for Las Vegas

Casino executives in Atlantic City may continue to plead poverty but the numbers tell a different story. Last month’s tally was $274 million, up 4.5% from last year. Slot revenue was $204 million, up 3% on looser hold and 3.5% … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, China, Churchill Downs, Cordish Co., DraftKings, FanDuel, Genting, Golden Nugget, Greenwood Racing, Hard Rock International, history, Illinois, Indiana, Internet gambling, Las Vegas Raiders, Louisiana, LVCVA, Macau, Marketing, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, New Jersey, New York, Ocean Resort, Penn National, Pennsylvania, PointsBet, Regulation, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, The Strip, Wall Street, WInd Creek, Wynn Resorts | Comments Off on Atlantic City still surging; Aces win it all for Las Vegas

Philly Live shows life; Massachusetts sports betting wins; S.C. scandal

In a truly doleful sign of the times, Philadelphia Live has reinstated metal detectors at its entrance. Also, in a nod to Covid-19, aka The Disease That Couldn’t Be Cured, it is handing out free face masks to patrons. Good … Continue reading

Posted in Bally, Cordish Co., Entertainment, Health, Macau, Marketing, Massachusetts, New York, North Carolina, Pennsylvania, Politics, Regulation, Sociedade de Jogos de Macau, South Carolina, Sports betting, Taxes, Tribal | 1 Comment

Louisiana plummets; Cool front disrupts summer gaming

A “cruel, cruel summer” for regional casinos was predicted by Truist Securities analyst Barry Jonas and it’s already arrived in Louisiana, where gambling revenues fell 10% last month. It’s not even keeping pace with go-go 2019 any longer. The statewide … Continue reading

Posted in Architecture, Bally, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Conventions, CQ Holdings, Dining, Economy, Environment, Golden Gaming, Golden Nugget, Health, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Michigan, North Las Vegas, Penn National, Politics, Sheldon Adelson, Sociedade de Jogos de Macau, Station Casinos, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts | Comments Off on Louisiana plummets; Cool front disrupts summer gaming

Two Atlantic City casinos to be struck; Pennsylvania’s fuzzy math

Unite-Here quickly ran out of patience with the Golden Nugget and Resorts Atlantic City. 97% of affected membership voted to authorize strikes at both the bottom-feeding casinos if a labor deal can’t be reached before August 1. That still gives … Continue reading

Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DraftKings, Economy, FanDuel, FoxBet, Galaxy Entertainment, Golden Nugget, Greenwood Racing, Internet gambling, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Michigan, Mohegan Sun, Penn National, Pennsylvania, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tribal, Unite-Here, Wall Street, WInd Creek | Comments Off on Two Atlantic City casinos to be struck; Pennsylvania’s fuzzy math

Atlantic City strong; Station’s demolition derby; De$anti$ hits jackpot; Mega-Jottings

There’s so much news today we almost don’t know where to begin. But we’ll start with Atlantic City, which reported a 2% increase in casino revenue, to $229 million. Internet gambling and sports betting chipped in another $169 million. One … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Canada, China, Donald Trump, Dotty's, Downtown, DraftKings, FanDuel, Genting, George Maloof, Golden Nugget, Hard Rock International, Health, International, Internet gambling, Las Vegas Sands, Law enforcement, Macau, MGM Resorts International, Michael Gaughan, Mohegan Sun, North Las Vegas, Ocean Resort, Pennsylvania, Phil Ruffin, Politics, Real Estate, Regulation, Resorts World LV, Sheldon Adelson, Sociedade de Jogos de Macau, Sports, Sports betting, Station Casinos, Steve Wynn, Texas, The Strip, Tribal, United Kingdom, Wall Street, WInd Creek | 1 Comment

Insolvency in Macao; Sports betting everywhere

Prior to the current Covid-19 lockdown, casinos in Macao were already engaged in a $600 million/month cash burn, thanks to the China‘s zero-tolerance policy on the disease. That will only get worse now that access to customers has been shut … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Caesars Entertainment, California, China, DraftKings, Economy, Election, FanDuel, Hard Rock International, Health, history, Illinois, Macau, Maryland, Ohio, PointsBet, Regulation, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tourism, TV, Westgate LV | 1 Comment

Macao is closed; Mixed signals from the Midwest

Effective today, all casinos in Macao have closed, in governmental reaction to a spike in Covid-19 cases. “Only essential businesses like supermarkets, gas stations, and pharmacies will remain open.” In other words, just when you thought things couldn’t get any … Continue reading

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, Conventions, Cosmopolitan, Crown Resorts, Dining, DraftKings, Hard Rock International, Health, Illinois, International, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Penn National, Sociedade de Jogos de Macau, United Kingdom, Wall Street, Wynn Resorts | Comments Off on Macao is closed; Mixed signals from the Midwest

Ohio shows fatigue; Macao seizes hotels; Abe assassinated

Since it has been outperforming the broader U.S. market for some time now, perhaps we should not be unduly concerned that Ohio casino revenues are down for three months in a row. Indeed, compared to go-go 2019, they’re still arguably … Continue reading

Posted in Atlantic City, Bally, Caesars Entertainment, California, Churchill Downs, Downtown, Economy, Hard Rock International, Health, Jack Entertainment, Japan, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Ohio, Penn National, Pennsylvania, Sexual misconduct, Sociedade de Jogos de Macau, Sports, Station Casinos, The Strip, Tribal, Virginia | 1 Comment

Special Edition

So we leave on vacation (I checked into the Westin O’Hare and didn’t leave the building for three and half days) and all hell breaks loose in Big Gaming. The breaking story was MGM Resorts International‘s decision to shuck Gold … Continue reading

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Century Casinos, Cordish Co., Crown Resorts, DraftKings, FanDuel, Full House Resorts, Gary Goett, Hard Rock International, Illinois, Indiana, International, Internet gambling, Japan, Macau, MGM Resorts International, Mississippi, Missouri, New York, Oklahoma, Penn National, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tribal, Unite-Here | 2 Comments

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

Bounty in Missouri, penury in Macao

Customer bucks continued flowing big-time in Missouri casinos last month, up 19% over 2021. The total gross was $146 million as customers spent 2.5% more per visit and came in 16% greater numbers. Almost casinos were revenue-positive (some spectacularly so) … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, China, DraftKings, Election, FanDuel, Galaxy Entertainment, Genting, Health, Illinois, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Nevada, Penn National, Rush Street Gaming, Sociedade de Jogos de Macau, Sports, Sports betting, Taxes, Tourism, Wynn Resorts | 2 Comments

MGM does the right thing; Killer chipmunks in Lake Tahoe

In a very george move, MGM Resorts International is donating two acres of Strip land to be the site of a memorial to the victims of the Mandalay Bay Massacre. The acreage, at the corner of Reno Avenue and Giles … Continue reading

Posted in Australia, Bally, Baseball, Caesars Entertainment, Charity, Crown Resorts, Dining, Economy, GLPI, Health, Iowa, Lake Tahoe, Las Vegas Sands, Macau, Mandalay Bay Massacre, MGM Resorts International, Minnesota, North Carolina, Sociedade de Jogos de Macau, Sports betting, Taxes, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts | 1 Comment

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

Big Trouble in Little China; The thieving nun

Carrying a 20-year-long grudge, businessman Marshall Hao is suing Las Vegas Sands for $12 billion, claiming it wronged him when it jilted his Asian American Entertainment Corp. in favor of a (short-lived) partnership with Galaxy Entertainment to get into Macao. … Continue reading

Posted in Barstool Sports, Boyd Gaming, California, Churchill Downs, Cretins, Culinary Union, DraftKings, FanDuel, Illinois, Kentucky, Lake Tahoe, Las Vegas Sands, Law enforcement, Louisiana, Macau, Missouri, New Hampshire, New York, Penn National, PointsBet, Problem gambling, Racinos, Regulation, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, William Hill, Wyoming | 2 Comments

Getting nasty in Florida; Police blotter

A “tortured artifice.” That’s what Miami Beach Mayor Dan Gelber (D) calls the new Florida gaming compact in a letter to the Interior Department. He urged them to reject the deal, not because of any issues with the Seminole Tribe, … Continue reading

Posted in Atlantic City, Churchill Downs, Donald Trump, Drugs, Economy, El Cortez, Entertainment, Florida, G2E, Hard Rock International, Health, Horseracing, Law enforcement, Louisiana, Macau, MGM Resorts International, Money laundering, North Carolina, Pansy Ho, Politics, Problem gambling, Seminole Tribe, Sociedade de Jogos de Macau, Sports, Sports betting, The Strip, Tribal | 1 Comment

Wynn gaining steam; Miami Beach casino juice job dismissed

First-quarter results for Wynn Resorts were worse than expected in Macao but better than anticipated in both Las Vegas and Boston, while the company posted a revenue chasm around Wynn Interactive. To shore up the latter, Wynn is merging it … Continue reading

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Conventions, Donald Trump, DraftKings, FanDuel, Florida, Hard Rock International, Horseracing, Illinois, Internet gambling, Macau, Marketing, Massachusetts, Missouri, Nevada, New York, Ohio, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe, Sociedade de Jogos de Macau, Sports betting, The Strip, Tourism, Tribal, TV, Virginia, Wall Street, Wynn Resorts | Comments Off on Wynn gaining steam; Miami Beach casino juice job dismissed