Category Archives: Sports betting

New F-blue CEO; Illinois mostly upbeat, Missouri not

Who in the world is Brett Mufson? Well, he’s the new president and CEO of Fontainebleau Las Vegas. Other than that, Jeffrey Soffer‘s company ain’t tellin’ much. We are informed that “Mufson’s instrumental leadership helped steer the company’s re-acquisition of … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Cosmopolitan, Dining, DraftKings, Economy, FanDuel, Florida, Fontainebleau, Hard Rock International, history, Illinois, Las Vegas Sands, Macau, Mandalay Bay Massacre, MGM Resorts International, Missouri, Penn National, Regulation, Sports, Sports betting, The Strip, Tourism, Tribal, Vici Properties, Wynn Resorts, Wyoming | 1 Comment

Station scores; New York OSB boffo … for state, that is; Kosar sacked; Renegade slots reconsidered

Station Casinos is $62 million richer after unloading $56.5 acres of land near South Point to HCA Healthcare, a hospital chain. Don’t worry about Station’s plans to challenge Michael Gaughan for sub-Strip supremacy: It’s still harboring 126 acres of scrubland … Continue reading

Posted in Animals, Bally, BetMGM, Caesars Entertainment, Diversity, DraftKings, FanDuel, Las Vegas Sands, Macau, Michael Gaughan, Missouri, Movies, New York, Ohio, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports, Sports betting, Station Casinos, Taxes, Transportation, TV, Wynn Resorts | 2 Comments

Maryland sags; Dustup at Red Rock; Sands’ big NY play; The dangers of Fanatic-ism

Whilst 2022 may have come in like a lion for casinos, it’s going out like a lamb, despite an extra weekend day last month. Revenues in Maryland dipped 4.5% to $165 million statewide in December, still 11% better than the … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, Churchill Downs, Culinary Union, Dining, Diversity, DraftKings, Genting, Golden Gaming, Las Vegas Sands, Maryland, Massachusetts, MGM Resorts International, New York, Ohio, Penn National, Problem gambling, Regulation, Sports betting, Station Casinos, Transportation | 2 Comments

NFL bettors sacked; Strip resort folds; Caesars plan panned

Life at S&G HQ is seriously clouded by the critical illness of a beloved fur baby. Nevertheless, we shall endeavor to gather our thoughts, starting with the consequences for bettors of the life-threatening Damar Hamlin injury on Monday Night Football. … Continue reading

Posted in Arizona, Atlantic City, Caesars Entertainment, Chicago, Derek Stevens, DraftKings, Economy, Entertainment, Failsinos, FanDuel, Florida, Genting, Georgia, Hard Rock International, Horseracing, International, Las Vegas Sands, LVCVA, Macau, MGM Resorts International, Nebraska, New Jersey, New York, Ohio, PointsBet, Politics, Racinos, Riviera, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, TV, Wall Street, Wynn Resorts | 1 Comment

No ‘M’ in ‘Penn’; A Royal mystery; See Vegas and die

Scarcely had the hot air cooled on Penn Entertainment‘s announcement that it was doubling the capacity of M Resort than word trickled out—via Vital Vegas—that Penn is in talks too sell the locals-oriented property to MGM Resorts Entertainment. It would … Continue reading

Posted in Barstool Sports, Conventions, Downtown, Failsinos, Illinois, Las Vegas Raiders, Law enforcement, M Resort, Marketing, MGM Resorts International, Nevada, Ohio, Penn National, Real Estate, Regulation, Sports betting, The Strip | 3 Comments

A Boardwalk Christmas; Mega-Jottings

Most people wouldn’t spend Christmas Day in a casino or two but our East Coast correspondent did. He reports, “At the Golden Nugget on Christmas, Chart House, Lillie’s Asian, the Grotto (Italian), Michael Patrick’s coffee shop, Bean & Bread for … Continue reading

Posted in Animals, Atlantic City, Bally, Caesars Entertainment, Churchill Downs, Dan Lee, Dining, DraftKings, Fontainebleau, Full House Resorts, Golden Nugget, Hard Rock International, International, Kentucky, Mohegan Sun, New York, Ohio, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, Wall Street | 1 Comment

Christmas wishes

It’s time to reward those who have been nice and offer appropriate gifts to the naughty. So, without further ado, we play Santa Claus to the casino industry …

Posted in AGA, Alabama, Alex Meruelo, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Card rooms, Chicago, China, Crown Resorts, Culinary Union, Dan Lee, Derek Stevens, Downtown, DraftKings, Fontainebleau, Full House Resorts, Genting, Georgia, Hard Rock International, James Packer, Japan, Kazuo Okada, Las Vegas Sands, Macau, Massachusetts, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Moulin Rouge, Movies, Nevada, New York, Oklahoma, Pahrump, Palms, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resort fees, Resorts World LV, Sahara, Scott Butera, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, The Rio, The Strip, Tilman Fertitta | Comments Off on Christmas wishes

Penn problems; Maryland sports bets boffo; Oscar pix

Regulators in Massachusetts struck an unsatisfactory compromise with Penn Entertainment. The latter’s Plainridge Park was granted a sports book license, conditional upon a suitability investigation of Barstool Sports founder—and the new face of Penn—Dave Portnoy. “We are very comfortable with … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, DraftKings, FanDuel, Indiana, Kansas, Marketing, Maryland, Massachusetts, MGM Resorts International, Movies, New Jersey, Ohio, Penn National, Regulation, Sports betting, Steve Wynn | Comments Off on Penn problems; Maryland sports bets boffo; Oscar pix

Pennsylvania, Michigan cool; Cuban covets Texas casino

Heaven be praised for the coming of 2023, not because 2022 was bad (quite the contrary) but because Wall Street is addicted to measuring this year against 2019, not 2021 … which can be quite crazy-making. By that yardstick, Pennsylvania … Continue reading

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., Detroit, DraftKings, FanDuel, Florida, Greenwood Racing, Idaho, Illitch Family, Internet gambling, Las Vegas Sands, MGM Resorts International, Michigan, Mohegan Sun, New York, Penn National, Pennsylvania, Politics, Real Estate, Rush Street Gaming, Sports, Sports betting, Steve Wynn, Texas, The Strip, Tilman Fertitta, Wall Street, WInd Creek, Wynn Resorts | 1 Comment

Atlantic City hops; NV regulators take a dive; Vagina monologue

November was a metaphorically warm month for Atlantic City, whose casino revenues grew 4% from last year, reaching $214.5 million. Spoiler alert, Borgata was way out front with $55 million, leaping 14%. Hard Rock Atlantic City dimmed 5% to a … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Brazil, Caesars Entertainment, Churchill Downs, CQ Holdings, Donald Trump, DraftKings, FanDuel, Florida, Golden Nugget, Hard Rock International, Indiana, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Louisiana, Macau, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Politics, Puerto Rico, Regulation, Rush Street Gaming, Seminole Tribe, Sports betting, Station Casinos, Tribal, Virginia, Wall Street, Westgate LV, Wisconsin | 2 Comments

Caesars, Penn dimmed; Barstool fined; Card room zinged

Both Caesars Entertainment and Penn Entertainment lost traction yesterday on Wall Street after Bank of America analyst Shaun Kelley downgraded the casino giants. His primary concern was a potential downturn in gaming, due to larger macroeconomic issues, that has yet … Continue reading

Posted in Barstool Sports, Caesars Entertainment, California, Card rooms, Florida, Illinois, Jack Entertainment, M Resort, Ohio, Penn National, Regulation, Seminole Tribe, Sports betting, Wall Street | 1 Comment

Massachusetts leaps; Holiday season in A.C.; Apollo’s new toy

November was good for casinos in Massachusetts, up 6% from last year to a gross of $93 million. Encore Boston Harbor led the way with $59.5 million, an 8% gain. MGM Springfield chipped in $22 million, up 2% despite an … Continue reading

Posted in Apollo Management, Atlantic City, Bally, Barstool Sports, Chicago, Dining, Hard Rock International, Massachusetts, MGM Resorts International, Ocean Resort, Penn National, Real Estate, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Vici Properties, Wall Street, Wynn Resorts | Comments Off on Massachusetts leaps; Holiday season in A.C.; Apollo’s new toy

Indiana flat, Missouri down; Bally’s happy talk; Miller loses it

Casinos in Indiana kept pace with 2021 last month, grossing $196 million. No prizes for guessing who was tops—Hard Rock Northern Indiana with $35.5 million, a 14% leap from the previous November. Horseshoe Hammond fell 16% but hung in there … Continue reading

Posted in AGA, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, China, Colorado, Conventions, DFS, DraftKings, Economy, FanDuel, Genting, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, Missouri, New Jersey, New York, Penn National, Regulation, Sports betting, Star Entertainment, Station Casinos, Tilman Fertitta, Tribal | Comments Off on Indiana flat, Missouri down; Bally’s happy talk; Miller loses it

Illinois, Ohio still firm; Daffy bill in N.Y.; Raiders collapse

November was good for casinos in Ohio and Illinois, both of which posted strong numbers, modestly ahead of last year but—in Ohio’s case—still high heavens above 2019. Fresh off its October dethroning of MGM Northfield Park, rival Hollywood Columbus slipped … Continue reading

Posted in Arizona, Arkansas, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Eldorado Resorts, Horseracing, Illinois, Jack Entertainment, Japan, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Massachusetts, MGM Resorts International, Nevada, New York, Ohio, Penn National, Politics, Regulation, Resorts World LV, Rush Street Gaming, Service, Sports betting, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts | Comments Off on Illinois, Ohio still firm; Daffy bill in N.Y.; Raiders collapse

Dog & pony show; Snow job in Massachusetts melts

Yesterday’s Hard Rock International road show before the ostensibly investigative Nevada Gaming Control Board played out pretty much as expected. Hard Rock CEO Jim Allen effectively ran out the clock by dwelling on how Hard Rock would make over The … Continue reading

Posted in Atlantic City, BetMGM, Caesars Entertainment, Cirque du Soleil, Connecticut, Dining, Entertainment, Florida, Hard Rock International, Lotteries, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, North Carolina, Palms, Phil Ruffin, Regulation, San Manuel Band of Mission Indians, Seminole Tribe, South Carolina, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia | Comments Off on Dog & pony show; Snow job in Massachusetts melts

MGM carries Maryland; Steve Wynn, racketeer?

Casino revenues in Maryland continue to trend just a bit favorably, with a 2% increase in November—mostly on the back of one casino—reaching $163.5 million overall. Cordish Cos.’ Maryland Live ceded 2% for a $57 million tally. MGM National Harbor … Continue reading

Posted in Apollo Management, Australia, Barstool Sports, Caesars Entertainment, Cordish Co., Cretins, Golden Gaming, Maryland, Massachusetts, MGM Resorts International, North Las Vegas, Oklahoma, Penn National, Problem gambling, Real Estate, Regulation, Resorts World LV, Sexual misconduct, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, Technology, Texas, The Strip, Tribal, Wynn Resorts | Comments Off on MGM carries Maryland; Steve Wynn, racketeer?

Durango deal done; Apollo snows NV regulators (again)

Making good on a promise and a plan, Station Casinos offloaded 21 acres next to Durango Station (ab0ve) last week for $24 million. Not a bad score. The buyer is Ovation Development Corp., which will help seed Durango’s customer base … Continue reading

Posted in Apollo Management, Caesars Entertainment, Florida, Hard Rock International, history, Las Vegas Raiders, Marketing, Nevada, Real Estate, Regulation, Seminole Tribe, Sports, Sports betting, Station Casinos, The Strip, Wall Street | 4 Comments

MGM: Change partners and dance; 888 TKO’d

It’s Blackstone Group out, Vici Properties in at MGM Grand and Mandalay Bay, as Vici exercised its option over the half (OK, 49.9%) that it didn’t already own. Blackstone is $2.8 billion richer as a result, including $700 million in … Continue reading

Posted in Alabama, Arizona, Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, Conventions, DraftKings, Economy, Election, FanDuel, Florida, Genting, Golden Nugget, Internet gambling, Iowa, Las Vegas Raiders, Las Vegas Sands, Macau, Maryland, MGM Resorts International, Michael Gaughan, Nebraska, Politics, Puerto Rico, Racinos, Real Estate, Regulation, Sports betting, Taxes, Texas, The Strip, Tilman Fertitta, Tourism, Tribal, Vici Properties, Virginia, Wall Street, WInd Creek | Comments Off on MGM: Change partners and dance; 888 TKO’d

Strip flattens, LV locals rebound; Hyatt’s Vegas Dream

That great Las Vegas recovery on the Strip suddenly flattened in October but new signs of vitality were evident in the local-gambler sphere. Las Vegas Strip casinos grossed $706 million, almost dead-even with the year before. Locals-derived win, meanwhile, surged … Continue reading

Posted in Bally, Boulder Strip, California, Chicago, Downtown, Gary Goett, International, Internet gambling, Lake Tahoe, Laughlin, LVCVA, Macau, Maryland, Massachusetts, Mesquite, North Las Vegas, Resorts World LV, Sports betting, The Strip, Transportation, Warner Gaming, Wendover | Comments Off on Strip flattens, LV locals rebound; Hyatt’s Vegas Dream

Risky mandate in Macao; Penn’s problems; Debacle at Mirage

That sowing sound you hear is casino executives from Las Vegas to Hong Kong heaving a gargantuan sigh of relief that all the incumbent gaming concessions in Macao were renewed last weekend, leaving Genting Group still on the outside looking … Continue reading

Posted in Architecture, Barstool Sports, Boyd Gaming, China, Cretins, Downtown, DraftKings, Failsinos, Genting, Health, Macau, MGM Resorts International, New York, Penn National, San Manuel Band of Mission Indians, Sexual misconduct, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tourism, TV, Wall Street | 1 Comment