Category Archives: Sports betting

Boffo month for New Jersey, Detroit

Atlantic City casinos sprang through March with a 16% revenue boost (albeit 5% cannibalization of last year’s grosses), booking $223 million, including a 18.5% surge in slot win while table games were up 9% (albeit down 13% on a same-store … Continue reading

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Detroit, Eldorado Resorts, Greenwood Racing, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports, Sports betting, Tilman Fertitta | 2 Comments

Quote of the Day

“It’s great to see Tiger back. It’s a painful day for William Hill—our biggest loss ever—but a great day for golf.” — William Hill Director of U.S. Marketing Nick Bogdanovich, on Tiger Woods‘ Masters victory and the $1.2 win for … Continue reading

Posted in Current, Sports, Sports betting, William Hill | Comments Off on Quote of the Day

Rosenstein rebutted; Kiddie slots in U.K.

Deputy Attorney General Rod Rosenstein received a smackdown from a federal court. Judge Paul Barbadoro ruled that not only had Rosenstein failed to convince him that New Hampshire‘s online lottery wasn’t covered under the new interpretation of the Federal Wire … Continue reading

Posted in Atlantic City, Bruce Deifik, Dining, e-sports, Georgia, Glenn Straub, International, Internet gambling, Marketing, MGM Resorts International, New Hampshire, New Jersey, Ocean Resort, Problem gambling, Puerto Rico, Regulation, Sheldon Adelson, Sports betting, Taxes, Texas | Comments Off on Rosenstein rebutted; Kiddie slots in U.K.

The Legend of Ted’s Treasure; Slot routes in Missouri?

Ted Binion is long since dead and buried. So, legend has it, is his treasure. Binion’s corpse wasn’t even cold before sleazy Rick Tabish was caught digging up the casino heir’s silver vault in scenic Pahrump (a sheriff’s deputy discovered … Continue reading

Posted in Atlantic City, Boyd Gaming, Cretins, history, Marketing, Missouri, North Carolina, Ocean Resort, Pahrump, Penn National, Politics, Slot routes, Sports betting, Tribal | Comments Off on The Legend of Ted’s Treasure; Slot routes in Missouri?

Steve Wynn 86’d; Icahn & Fertitta talk turkey

In an obvious attempt to placate the Massachusetts Gaming Commission, after a bruising set of hearings, Wynn Resorts has filed a legal brief in the Bay State, requesting permission to bar Steve Wynn from all Wynn Resorts properties. This is, in our … Continue reading

Posted in Caesars Entertainment, Carl Icahn, Dining, Marketing, Massachusetts, MGM Resorts International, Regulation, Sports, Sports betting, Station Casinos, Steve Wynn, The Strip, Tilman Fertitta, Wall Street, Wynn Resorts | 1 Comment

Gilbert sells to Hard Rock; Masters odds are out

Hard Rock International exited the Ohio market by one door, then reentered it by another. The tribal giant bought Dan Gilbert out of Jack Cincinnati and Turfway Park. REIT Vici Propreties will own the real estate of the casino and … Continue reading

Posted in Alabama, Caesars Entertainment, DFS, Donald Trump, Genting, Hard Rock International, International, Iowa, Kentucky, Las Vegas Sands, Marketing, Maryland, Ohio, Politics, Problem gambling, Racinos, Regulation, Singapore, Sports, Sports betting, Steve Wynn, Taxes, Tribal, TV | Comments Off on Gilbert sells to Hard Rock; Masters odds are out

Puerto Rico grabs sport-betting lifeline; Hotel economy at peak power

If you’re Puerto Rico, still—still!—digging out from Hurricane Maria, to expect help from the U.S. government is like waiting for Godot. Except I’ll give odds that Mister Godot shows up first. Making necessity the mother of dire invention, Gov. Ricardo Rosselló … Continue reading

Posted in Caesars Entertainment, DFS, Economy, Genting, International, Las Vegas Sands, MGM Mirage, Singapore, Sports betting, Tourism, Wall Street | Comments Off on Puerto Rico grabs sport-betting lifeline; Hotel economy at peak power

Circa rustles up $$; Wynn slammed

Despite some distant jingoism in the halls of Congress, Derek Stevens in still putting his money—so to speak—on EB-5 investors. This Web site opens with a slide show of a soon-to-be Downtown icon, Circa, followed by the copy, “We have chosen … Continue reading

Posted in Derek Stevens, Downtown, Lucky Dragon, Massachusetts, MGM Resorts International, Movies, Regulation, Rhode Island, Sexual misconduct, SLS Las Vegas, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Wall Street, Wynn Resorts | Comments Off on Circa rustles up $$; Wynn slammed

MGM Calgary?!?; Virginity postponed

Having long since abandoned its designs on Toronto, it seems MGM Resorts International is looking even deeper into the Great White North. According to DailyHive.com, MGM is pitching a $5.1 billion gambling and residential complex in downtown Calgary. Obviously New … Continue reading

Posted in Architecture, Australia, DFS, Hard Rock Hotel, International, Louisiana, MGM Resorts International, Politics, Sports betting | Comments Off on MGM Calgary?!?; Virginity postponed

Blackout at Boyd; Virginia ponies propped up

Boyd Gaming appears to have stepped in it, big time, according to former Ameristar St. Charles sales director Kim Carpenter. She’s suing the casino over her dismissal, which she alleges followed her complaints about sexual discrimination and retaliation. After booking a … Continue reading

Posted in Architecture, Boyd Gaming, Economy, Horseracing, MGM Resorts International, Mississippi, Missouri, Nevada, Racinos, Reno, Rhode Island, Sports, Sports betting, Station Casinos, The Strip, Tribal, Virginia | 4 Comments

Case Bets

It’s try, try again time for New Hampshire‘s Legislature, as it attempts to enact casino gambling. The state senate has narrowly passed a casino-enabling bill but it still needs to go through the lower house and receive the signature of … Continue reading

Posted in Arkansas, DFS, Entertainment, history, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, New Hampshire, Politics, Racinos, Regulation, Sports betting | Comments Off on Case Bets

Quote of the Day

“The point is, anyone can state an opinion about a line with great confidence and authority when it is accompanied with complete financial immunity. It takes a truly talented group of people to put up numbers day after day knowing … Continue reading

Posted in history, Sports betting, The Strip | Comments Off on Quote of the Day

Astral sighting; Cuomo nixes Gotham casinos

Urban blight along the Las Vegas Strip could be (partially) giving way to new casino development. Resort entrepreneur Asher Gabay has found the Promised Land in Las Vegas, where he hopes to take a run at the boutique-hotel concept. His … Continue reading

Posted in Connecticut, Fontainebleau, Foxwoods, Genting, Internet gambling, Las Vegas Raiders, Las Vegas Sands, MGM Resorts International, Mohegan Sun, New York, Politics, Regulation, Sports, Sports betting, Steven Witkoff, The Strip, Tribal, Virginia | Comments Off on Astral sighting; Cuomo nixes Gotham casinos

Quote of the Day

“We’re not looking to be the fun police. That’s not our objective. Clearly, people enjoy betting on the bracket and doing office pools. I think the larger point just goes to the fact that a couple of things: No. 1, this … Continue reading

Posted in AGA, Sports betting | Comments Off on Quote of the Day

MGM: The first shall be last … or something like that

Closing out the J.P. Morgan Gaming & Lodging Management Access Forum were execs from MGM Resorts International. The company’s four priorities were stated as 1) drive organic growth, 2) bring new properties up to speed in terms of revenue performance, 3) … Continue reading

Posted in Caesars Entertainment, Culinary Union, International, Internet gambling, Japan, Las Vegas Raiders, Macau, Mandalay Bay Massacre, Massachusetts, MGM Resorts International, Palms, Reno, Resort fees, Sports betting, Station Casinos, The Strip, Transportation, Wall Street | 1 Comment

Heavy action prophesied for March Madness; Death at Bellagio

“Unlike any other sporting event in the country, March Madness attracts millions who fill out brackets, make casual bets with friends or wager at a legal sports book, which Americans can now do more than ever before.” With those words … Continue reading

Posted in AGA, Atlantic City, Caesars Entertainment, Current, Dining, Downtown, Entertainment, history, Internet gambling, Law enforcement, MGM Resorts International, Nevada, New Jersey, Ocean Resort, Palms, Security, Sports, Sports betting, Station Casinos, Tourism | 1 Comment

Gaming speaks: Penn, Boyd, Eldorado, Churchill Downs

One of the few CEOs to grace JP Morgan‘s hotel-and-leisure forum was Penn National Gaming‘s Tim Wilmot. He reported that the “regional consumer remains solid and trends are largely consistent with that seen 2018.” Furthermore, Penn is “seeing good growth … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Economy, Eldorado Resorts, Horseracing, Illinois, Japan, Kentucky, Marketing, Nevada, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Reno, Sports betting, The Strip, Tropicana Entertainment, Wall Street | Comments Off on Gaming speaks: Penn, Boyd, Eldorado, Churchill Downs

MGM covets Caesars; Rio up for grabs … again

As Carl Icahn continues to up his stake in Caesars Entertainment, the already-tortuous saga has developed some new complexities. For one, outgoing CEO Mark Frissora has revealed he wasn’t jumped, he was pushed. “The board has stated that they would like … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Carl Icahn, e-sports, Economy, Eldorado Resorts, LVCVA, Marijuana, MGM Resorts International, New Mexico, Penn National, Pennsylvania, Regulation, Sports betting, Tilman Fertitta, Tribal, Wall Street | 2 Comments

Atlantic City rallies, Pennsylvania snoozes

Given that a certain amount of cannibalization was inevitable with the debuts of two new casinos on the Boardwalk, a 5% February decline in same-store gambling revenue has to considered a pretty good result. The market overall was up a … Continue reading

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Detroit, Eldorado Resorts, Genting, Greenwood Racing, Hard Rock International, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports betting, Tilman Fertitta, William Hill | 4 Comments

Midwest report; Icahn caps his bet; Churchill Downs grows

Missouri was down 4% last month, no explanation given, with a statewide gross of $134 million. The decline was driven by lower slot play, as table-game revenues ($20 million) were up 7%. Penn National Gaming had a good result at … Continue reading

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Caesars Entertainment, Carl Icahn, Churchill Downs, Eldorado Resorts, Internet gambling, Iowa, Isle of Capri, Kansas, Law enforcement, Michigan, Missouri, New Hampshire, New Jersey, Penn National, Pennsylvania, Sports, Sports betting | Comments Off on Midwest report; Icahn caps his bet; Churchill Downs grows