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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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Category Archives: Sports
Profile in cowardice; Sheldon Adelson’s ghost
We were sure this was a story from The Onion or the Babylon Bee but, no, it’s really a thing. Rodney Baker has resigned as CEO of Great Canadian Gaming Corp. after bringing disgrace upon it with a vaccination caper … Continue reading
Posted in Architecture, Boulder Strip, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, Cretins, Culinary Union, DraftKings, FanDuel, Health, Illinois, Indiana, Law enforcement, MGM Resorts International, PointsBet, Politics, Regulation, Sheldon Adelson, Sports, Sports betting, Tennessee, Tribal, Wall Street, William Hill, Wynn Resorts
2 Comments
Life after Adelson; Super Bowl odds revealed
Taking a business-as-usual approach, Las Vegas Sands reported 4Q20 earnings and JP Morgan analyst Joseph Greff wasn’t blown away, writing that “we, like most investors, see the quarter and any outlook commentary offering little in the way of positive developments … Continue reading
Louisiana doldrums; Philadelphia Live sparkles
Does reporting bad news get tedious? You bet! But it comes with the turf. Louisiana casino winnings declined 23% last month, in keeping with the national average. Penn National Gaming casinos got off easiest, slipping 11%, while Boyd Gaming ones … Continue reading
Posted in Animals, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Colorado, Connecticut, Cordish Co., CQ Holdings, Cretins, Dining, DraftKings, Economy, FanDuel, FoxBet, Foxwoods, Golden Nugget, Health, Illinois, Indiana, Internet gambling, Jim Murren, Law enforcement, Louisiana, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, New Jersey, Penn National, Pennsylvania, Politics, Rush Street Gaming, Sports, Tennessee, Wall Street, West Virginia, William Hill
3 Comments
Quote of the Day
“I appreciate the referees for putting up with all my fussing. I think I was right most of the time dadgummit!”—Indianapolis Colts quarterback Philip Rivers, in announcing his retirement from the NFL.
Massachusetts hit hard; NFL playoffs a tossup
Between Covid-19 capacity restrictions (33%) and statewide curfews (9:30 p.m., when the night owls are just getting rolling), Massachusetts casinos were between a rock and a hard place last month, with revenues falling 40% to a meager $50 million. If … Continue reading
Wynn, loopy attorney in legal feud; Philly goes Live
Steve Wynn is back in the news again. His former attorney, L. Lin Wood, is suing Wynn for alleged defamation, the ex-casino mogul supposedly having told Donald Trump that Wood was several fries short of a Happy Meal. The falling … Continue reading
Cuomo all-in on New York sports betting; Playoff fever begins
There’s nothing like a budgetary dose of Covid-19 to bring some people to reality. Case in point, New York State Gov. Andrew Cuomo (D). He has been against mobile sports betting for years—much to the state’s detriment—but will embrace it … Continue reading
Slow news day
It’s nice to see that the Las Vegas Golden Knights are set to return to the ice … but with Covid-19 positivity rates in Nevada having just passed 21%, is this any time for companies like MGM Resorts International to … Continue reading
Posted in Entertainment, Health, Las Vegas Raiders, MGM Resorts International, Nevada, Sports, TV
1 Comment
Circa debut boosts Downtown; Lots of moving, shaking predicted for ’21
Although casinos across the nation have been swooning in November, results in Nevada—which we feared would take it worse than average—were in line with national trends, a victory of sorts. Statewide, gaming win fell 18% and the Las Vegas Strip, … Continue reading
Posted in Boulder Strip, Boyd Gaming, Caesars Entertainment, Cirque du Soleil, Derek Stevens, Dotty's, Downtown, Economy, Failsinos, Fontainebleau, GLPI, Internet gambling, Lake Tahoe, Las Vegas Sands, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Palms, Planet Hollywood, Regulation, Reno, Resorts World LV, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Station Casinos, The Rio, The Strip, Virgin Hotels, Wendover, William Hill
2 Comments
Cosmo quits buffet biz (for now); NFL going out with a bang
South Point will have to go it alone in the Strip buffet department now that The Cosmopolitan of Las Vegas has shut down Wicked Spoon “temporarily.” Wicked Spoon had a good, seven-month run during the pandemic but the language used … Continue reading
Green Christmas; Raiders vindicate oddsmakers, enrage fans
In Las Vegas over Christmas with nothing to do? Try playing the Megabucks slot machines at Suncoast. That’s what “Kevin” (no last name given) did on Christmas Eve and soon found himself $15,491,103 richer—at least until the IRS gets into … Continue reading
Posted in Boyd Gaming, Hawaii, history, IGT, Las Vegas Raiders, Politics, Regulation, Sports, Sports betting, Tourism
1 Comment
Pigskin parade
In spite of high hold percentages and no brick-and-mortar venues, Tennessee sports books came out of the blocks at a blinding pace. November handle was $131.5 million, the most for any first month in any state, ever. (Indiana debuted at … Continue reading
Miller: Approve stimulus bill; A $7.5 billion Vegas “scam”?
Like many, American Gaming Association President Bill Miller is in favor of the stimulus package overwhelmingly passed by Congress … with reservations. It lacks three key items on Miller’s Christmas wish list: expansion of the CARES Act Employee Retention Tax … Continue reading
Posted in AGA, Atlantic City, Caesars Entertainment, Charity, Colorado, Dining, Donald Trump, DraftKings, Economy, Environment, Failsinos, Florida, Hard Rock International, Indiana, Laughlin, Massachusetts, MGM Resorts International, Mississippi, Penn National, Politics, Sports, Sports betting, Tourism, Tribal, TV, Wynn Resorts
4 Comments
It’s lonely in Massachusetts; A dose of realism
Massachusetts gamblers are night owls. When Gov. Charlie Baker (R) ordered casinos to close at 9:30 p.m. it took a big bite out of November revenues, particularly Encore Boston Harbor, which makes half its revenue after dark. At least you … Continue reading
State of Misery
Missouri was indeed the State of Misery last month, as casino win plummeted 18.5% to $118 million. Penn National Gaming casinos bore the brunt, plunging 27%. Overall, slot revenues of $102 million were down 17.5% while table win of $16 … Continue reading
End of the honeymoon; Virgin Hotel clings to virginity
Gaming revenue dropped last month in Maryland and precipitously so in Ohio, where the good times had really been rolling. Maryland’s $130.5 million gross represented a 7.5% dip, motivating JP Morgan analyst Joseph Greff to write that “We note the … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Dan Gilbert, Detroit, Economy, Golden Gaming, Hard Rock International, Health, Las Vegas Raiders, Maryland, MGM Resorts International, Ohio, Penn National, Pennsylvania, Sports, Sports betting, Virgin Hotels, Wall Street, West Virginia
1 Comment
Heartbreaker for sports bettors; What killed Tony Hsieh?
A last-second Carson Wentz Hail Mary pass and an ensuing two-point conversion didn’t enable the Philadelphia Eagles to catch the Seattle Seahawks but it ruined the evening for 91% of bettors, who expected Seattle to cover the 6.5-point spread. Instead … Continue reading
Posted in Connecticut, Internet gambling, Sports, Sports betting, Tony Hsieh, TV
1 Comment