Category Archives: Sports betting

Frissora postpones departure; Oscar forecast

Posted on January 7, 2019 by David McKee

That game of musical chairs known as industry consolidation has left a lot of fine ladies and gentlemen standing when the melody stopped, included Anthony Sanfilippo, a favorite of ours. However, Caesars Entertainment apparently hasn’t heard of any of these … Continue reading →

Posted in Aristocrat, Bally Technologies, Boyd Gaming, Caesars Entertainment, Eldorado Resorts, Illinois, Movies, Penn National, Rush Street Gaming, Scientific Games, Shuffle Master, Sports betting, Technology | Comments Off on Frissora postpones departure; Oscar forecast

Reid rages against the dying of the light; Michigan nixes Net bets

Posted on January 4, 2019 by David McKee

Nevada‘s most famous gaming regulator is dying. Harry Reid has pancreatic cancer and we’d say he’s throwing verbal restraint to the winds now that he has nothing to lose — but that has always been Reid’s style. The New York … Continue reading →

Posted in AGA, Caesars Entertainment, Donald Trump, Harry Reid, history, Internet gambling, Japan, Massachusetts, Politics, Regulation, Sexual misconduct, Sports, Sports betting, Tourism, Transportation, Wynn Resorts | Comments Off on Reid rages against the dying of the light; Michigan nixes Net bets

Berman returns; All-star New Year’s Eve

Posted on December 28, 2018 by David McKee

Don’t say you can’t teach an old dog new tricks. Lyle Berman, 77, who was once in on the ground floor of tribal gaming is now purchasing two companies with the purpose of merging them to form an e-sports major … Continue reading →

Posted in Architecture, Caesars Entertainment, California, Downtown, e-sports, Economy, Entertainment, Genting, International, Lyle Berman, Marketing, MGM Resorts International, Nevada, PokerStars, Security, Sports, Sports betting, The Strip, Wynn Resorts | Comments Off on Berman returns; All-star New Year’s Eve

Stabbed in the back

Posted on December 24, 2018 by David McKee

In a colossal act of betrayal, the NFL, Major League Baseball and the PGA Tour have turned on their new gaming ‘partners’ and betrayed them by getting into bed with Sen. Chuck Schumer (D) and his dreadful bill to push … Continue reading →

Posted in Arizona, Internet gambling, Japan, Law enforcement, New Jersey, Politics, Sheldon Adelson, Sports betting, Taxes, Tourism | Comments Off on Stabbed in the back

Bad idea refuses to die; E-sports comes to the Boardwalk

Posted on December 20, 2018 by David McKee

Sens, Chuck Schumer (D) and Orrin Hatch (R), forever in search of bad ideas to espouse, it would seem, have introduced the Sports Wagering Market Integrity Act of 2018. There’s no mention of Hatch’s cockamamie notion of individual states having … Continue reading →

Posted in AGA, Atlantic City, Dining, e-sports, Economy, Marketing, MGM Resorts International, New Jersey, Politics, Racinos, Sports, Sports betting, Station Casinos, The Strip, Tourism, Wall Street | 1 Comment

Sports betting comes to D.C.; Free advice for Steve Wynn

Posted on December 19, 2018 by David McKee

In a move that is certain to chap the hindquarters of prudes like Sen. Orrin Hatch (R), the District of Columbia‘s ruling body has voted 11-2 to legitimize sports betting in our nation’s capitol. According to NBC, the legislation permits … Continue reading →

Posted in AGA, California, Dining, Marketing, Mississippi, Politics, Sports betting, Steve Wynn, The Strip | Comments Off on Sports betting comes to D.C.; Free advice for Steve Wynn

New boss at AGA; Route 91 Harvest returns

Posted on December 17, 2018 by David McKee

Replacing Geoff Freeman, the American Gaming Association has tapped Business Roundtable Senior Vice President for Government Relations Bill Miller. A Beltway lobbyist of two decades’ standing, Miller should be able to hit the ground running. Thirteen years of lobbying on … Continue reading →

Posted in AGA, Baseball, Caesars Entertainment, California, Eldorado Resorts, Entertainment, Geoff Freeman, Greenwood Racing, Las Vegas Sands, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Penn National, Pennsylvania, Rush Street Gaming, Scientific Games, Sheldon Adelson, Sports, Sports betting, Tamares Group, The Strip, Tribal, TV | 3 Comments

Atlantic City sparks controversy; Resort fee change at Cosmo

Posted on December 14, 2018 by David McKee

Faced with a 9% drop in operating profit at Atlantic City casinos, pundits are squaring off as to whether this means doom for the laggards. Analyst Tony Marino told The Press of Atlantic City that it “might be wise to … Continue reading →

Posted in Atlantic City, Cosmopolitan, Economy, International, Internet gambling, Neil Bluhm, Penn National, Pennsylvania, Politics, Resort fees, Rush Street Gaming, Sports, Sports betting, Technology, The Strip, Transportation, Wynn Resorts | 2 Comments

Newcomers lose ground in Atlantic City

Posted on December 13, 2018 by David McKee

November was good for Atlantic City, up 12.5% and down only 5% on a same-store basis. The $209 million haul was propelled by a 12.5% increase in slot win and a 13.5% jump in table revenues. A 17% drop in table … Continue reading →

Posted in Atlantic City, Australia, Boyd Gaming, Bruce Deifik, Caesars Entertainment, Eldorado Resorts, Genting, Greenwood Racing, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Nevada, New Jersey, New York, Penn National, Pennsylvania, PokerStars, Rush Street Gaming, Sports betting, Tilman Fertitta | Comments Off on Newcomers lose ground in Atlantic City

Ruffin over Miami; Satre to state Wynn’s case

Posted on December 10, 2018 by David McKee

“I look forward to entering the Miami gaming market through this acquisition. We have exciting plans for Casino Miami that we will be revealing in the near future.” With those words Phil Ruffin took possession of the $155 million casino, … Continue reading →

Posted in Election, Florida, International, Internet gambling, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, New Jersey, New York, Phil Ruffin, Politics, Regulation, Seminole Tribe, Sexual misconduct, Sports betting, Steve Wynn, Wall Street, Wynn Resorts | Comments Off on Ruffin over Miami; Satre to state Wynn’s case

MGM, Cordish clean up in Maryland; Pennsylvania a cash cow

Posted on December 7, 2018 by David McKee

It was another good month at MGM National Harbor, which grossed almost $2 million per day in November, an above-average take for the pleasure palace. Slots were up 15% (to $31 million) while table games leapt 46%, grossing $26 million. … Continue reading →

Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., DFS, Economy, Eldorado Resorts, GLPI, Golden Gaming, Illinois, Internet gambling, Japan, Macau, Maryland, MGM Resorts International, New Jersey, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Taxes, Tourism, Transportation, Wall Street, West Virginia | Comments Off on MGM, Cordish clean up in Maryland; Pennsylvania a cash cow

Casino comes to Arkansas; Luxury comes at a cost

Posted on December 5, 2018 by David McKee

That was quick. Downstream Development Authority, a branch of the Quapaw Tribe, has been tapped by local officials to develop a casino in Pine Bluff, Arkansas. If you think the decision precipitate, don’t worry: The Quapaw have been doing outreach … Continue reading →

Posted in Arkansas, Caesars Entertainment, Connecticut, Economy, Illinois, Internet gambling, Macau, Marketing, MGM Resorts International, New York, Politics, Sports betting, Technology, Tribal, West Virginia | Comments Off on Casino comes to Arkansas; Luxury comes at a cost

Quote of the Day

Posted on December 4, 2018 by David McKee

“We’re actually offended by that concept. Our whole business model is based on integrity. We don’t feel we need to pay a fee to do what we do every single day. But we are willing to pay and pay well for … Continue reading →

Posted in Baseball, MGM Resorts International, Sports, Sports betting | 2 Comments

Case Bets

Posted on December 3, 2018 by David McKee

Taking its own sweet time, Hard Rock Atlantic City will finally have a sports book in early 2019. Malta-based Gaming Innovation Group has been tapped to handle the nuts and bolts. The lack of sports betting in what should be … Continue reading →

Posted in Atlantic City, Caesars Entertainment, California, Centaur Gaming, Hard Rock International, history, Indiana, Macau, Majestic Star, New Mexico, Sports betting, Tourism, Transportation, Tribal | Comments Off on Case Bets

Scratch one casino; Adios, Megabus

Posted on November 29, 2018 by David McKee

Tunica continues to hemorrhage casinos. The latest casualty is Tunica Roadhouse. Owner Caesars Entertainment is terminating gambling at the property, although the 135-room hotel will be kept operational. This makes Horseshoe Tunica Caesars’ only remaining casino in the market. The move … Continue reading →

Posted in AGA, Arizona, Arkansas, Caesars Entertainment, Eldorado Resorts, Election, Hard Rock International, International, MGM Resorts International, Mississippi, Mohegan Sun, Movies, Regulation, Sports betting, Tilman Fertitta, Transportation, Trump Entertainment Resorts, Wynn Resorts | 2 Comments

Las Vegas approaches record height; José Andres hailed

Posted on November 29, 2018 by David McKee

Despite stagnant revenues on the Las Vegas Strip, the state of Nevada is enjoying its best year for gaming revenue in a decade. This is translating to leading economic indicators such as home prices (up 5%) and consumer confidence (6% … Continue reading →

Posted in Arizona, Baseball, Charity, Dining, Economy, International, Massachusetts, MGM Resorts International, Nevada, Sports, Sports betting, The Strip, Wynn Resorts | Comments Off on Las Vegas approaches record height; José Andres hailed

MGM teams with MLB; Brass Ass gets bigger

Posted on November 28, 2018 by David McKee

MGM Resorts International continues to rack up partnerships with the major sporting leagues, the latest being Major League Baseball. The American Gaming Association‘s Sara Slane was understandably giddy at the news. “Agreements between sports leagues and the gaming industry enable … Continue reading →

Posted in Colorado, Eldorado Resorts, International, Internet gambling, Mississippi, Nevada, New Jersey, Pennsylvania, PokerStars, Sports betting, West Virginia | 1 Comment

Uncle Sam wants your sports bet; Strip outperforms Nevada

Posted on November 27, 2018 by David McKee

Credit Suisse analyst Cameron McKnight had an ominous take on sports betting, as regards federal intervention and “integrity fees.” “Federal action on sports betting sounds more likely, though our contacts disagree on scope,” he warned, adding, “On integrity fees, we … Continue reading →

Posted in Boulder Strip, DFS, Downtown, Economy, Illinois, Lake Tahoe, Laughlin, Mandalay Bay Massacre, Massachusetts, Mississippi, Nevada, New Jersey, New York, North Las Vegas, Sports betting, The Strip, Transportation, Wall Street | Comments Off on Uncle Sam wants your sports bet; Strip outperforms Nevada

Sin City still sinful; Pot comes to the Strip

Posted on November 26, 2018 by David McKee

Las Vegas beat out Los Angeles by a comfortable margin to nab the top spot on WalletHub‘s survey of America‘s most-sinful cities, a category dominated by such activities as pathological gambling and smoking. Casino-enhanced cities dominated the list, with North … Continue reading →

Posted in Arizona, CityCenter, Cordish Co., Detroit, DFS, Dubai, Election, Florida, Galaxy Entertainment, Georgia, Greenwood Racing, Japan, Macau, Marijuana, MGM Resorts International, Missouri, North Las Vegas, Pansy Ho, Pennsylvania, Regulation, Slot routes, Société des Bains de Mer, Sports betting, Taxes, The Strip | Comments Off on Sin City still sinful; Pot comes to the Strip

Quote of the Day

Posted on November 22, 2018 by David McKee

“Casinos in legal betting states, which are used to generating a more or less predictable return from their slots and gaming tables, are suddenly discovering that footballs do indeed bounce in mysterious ways.” — reaction to October profit declines in … Continue reading →

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