Category Archives: Sports

Quote of the Day

“The people that don’t have to walk in our building—whether it is the league office, whether it is the NFLPA—they don’t care. For them, it is not about our best interest, or our health and safety. It is about, ‘What … Continue reading

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

Sports betting lifts Illinois; Packer in a pickle

It was sagacious of Illinois Gov. J.B. Pritzker (whose family used to co-own the Grand Victoria casino in Elgin) to temporarily suspend his state’s rule requiring in person registration for sports betting. Last month, the Land of Lincoln saw $140 … Continue reading

Posted in Australia, Boyd Gaming, China, Churchill Downs, Colorado, Crown Resorts, DraftKings, FanDuel, Health, Illinois, Indiana, Law enforcement, Lawrence Ho, Melco Resorts & Entertainment, Regulation, Sports, Sports betting, The Crown 18, The Mob | 1 Comment

Kraft cashes out; Foxwoods is tops

Since its IPO, DraftKings stock has rocketed 264% upward. That has prompted some profit-taking on the part of both DraftKings itself and New England Patriots owner Robert Kraft. (Maybe Kraft’s windfall will soften the pain of last night’s drubbing at … Continue reading

Posted in Arizona, Atlantic City, Caesars Entertainment, California, Conventions, Dining, DraftKings, FanDuel, Florida, Foxwoods, Hard Rock International, Las Vegas Raiders, Mohegan Sun, Ocean Resort, Reno, Sports, Sports betting, Tribal, TV, Wall Street | 1 Comment

Covid-19 rattles oddsmakers; No joy in Vegas

Before the ink was dry on a deal for BetMGM to become the official wagering partner of the Tennessee Titans, inescapable Covid-19 rippled through the Titans’ ranks, forcing indefinite postponement of a tilt against the Pittsburgh Steelers. Incidences like this … Continue reading

Posted in Economy, Florida, Health, Illinois, Internet gambling, Las Vegas Raiders, Law enforcement, Lotteries, Marketing, MGM Resorts International, Michigan, Sports, Sports betting, The Strip, TV, Twin River, Wall Street, William Hill | 3 Comments

Case Bets

Congratulations to Plainridge Park. The Penn National Gaming racino celebrated five years in business and the renewal of its Massachusetts gaming license. The decision was unanimous. (And why not?) While Plainridge Park has seen its revenues cut into by Encore … Continue reading

Posted in Entertainment, Massachusetts, MGM Resorts International, Missouri, Penn National, Regulation, Sports, Sports betting, Station Casinos, The Strip | 1 Comment

Barstool buy buoys Penn Nat’l; MGM’s ad blitzkrieg

JP Morgan analysts upped their near- and long-term cash flow estimates for Penn National Gaming, based on regional trends and sports betting. “While we recognize PENN’s impressive share price outperformance, and many sell-side firms have thrown in the towel with … Continue reading

Posted in Arizona, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, Donald Trump, Downtown Grand, DraftKings, FanDuel, Hard Rock International, Health, Illinois, Internet gambling, Iowa, Marketing, MGM Resorts International, Michigan, Nevada, New Jersey, Penn National, Pennsylvania, Problem gambling, Sports, Sports betting, Station Casinos, Wall Street | 1 Comment

Caesars here, Caesars there, Caesars everywhere

Caesars Entertainment got a vote of confidence from JP Morgan analyst Daniel Politzer today, largely on the strength of its regional portfolio, as well as its potency in the sports-betting sphere. Regional trends were described as “better than expected,” and … Continue reading

Posted in Atlantic City, Caesars Entertainment, Eldorado Resorts, Election, Entertainment, history, International, Internet gambling, Laughlin, Louisiana, Marketing, Maryland, Reno, Sports, Sports betting, The Strip, TV, Wall Street, William Hill | 1 Comment

Sahara vs. Roeben, Round Two; Colorado sportsbooks boom

Vital Vegas author Scott Roeben made big news over the weekend with a countersuit against the Sahara for attempting to stifle freedom of the press. If you have a few days to spare, you can read the 111-page filing in … Continue reading

Posted in Alex Meruelo, Archon Corp., Caesars Entertainment, CityCenter, Colorado, Conventions, Culinary Union, Downtown, Downtown Grand, Entertainment, Hooters, Law enforcement, Sahara, Sports, Sports betting, Station Casinos, Tamares Group, Technology, Terry Caudill, The Strip, Wynn Resorts | 4 Comments

Culinary Union makes endorsements; Bad Boyd!

No surprise, the Culinary Union has endorsed the Joe Biden/Kamala Harris ticket. Now we’ll see what shape the Culinary political machine is in after being depleted by Coronavirus. The union is boasting that it “drove turnout” during the 2020 Nevada … Continue reading

Posted in Aristocrat, Atlantic City, Boyd Gaming, Culinary Union, Derek Stevens, Downtown, Election, Health, history, M Resort, Massachusetts, Politics, Regulation, Security, Sports, Sports betting, Technology, Terry Caudill, Tribal, TV | 1 Comment

Cosmo is number one … and not in a good way

Wanna catch Covid-19? Head for the Cosmo. “The Cosmopolitan of Las Vegas topped reported locations of possible COVID-19 exposures in June, July and August in Southern Nevada, according to state disease investigation analyses,” reported the Las Vegas Review-Journal. The renegade … Continue reading

Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Cosmopolitan, Derek Stevens, Diversity, G2E, Genting, Health, history, Japan, Las Vegas Sands, Maryland, MGM Resorts International, Moulin Rouge, Nevada, New York, Resorts World LV, Sports, Sports betting, Station Casinos, Texas, The Strip, Tourism, Tribal, Wynn Resorts | Comments Off on Cosmo is number one … and not in a good way

Hot water in Singapore; Pennsylvania sports books triumph

Faced with evidence of money laundering at Marina Bay Sands, CEO Sheldon Adelson is being proactive and hiring a local firm to investigate $1 billion in fund transfers from high rollers to third parties. It’s frankly in Adelson’s interest to … Continue reading

Posted in Barstool Sports, Boyd Gaming, Caesars Entertainment, California, Card rooms, Dining, Downtown, DraftKings, Election, Environment, FanDuel, Greenwood Racing, Hooters, Internet gambling, Las Vegas Sands, Law enforcement, Maryland, Mohegan Sun, Money laundering, Penn National, Pennsylvania, Rush Street Gaming, Sheldon Adelson, Singapore, Sports, Sports betting, Terry Caudill, TV, William Hill | 1 Comment

Caesars, MGM: Recovery slow but promising

Caesars Entertainment CEO Tom Reeg sat down with JP Morgan analysts to discuss the state of the Roman Empire. In a sentence, better than you might expect. On the Las Vegas Strip “weekend demand has been strong, but weekday demand … Continue reading

Posted in Atlantic City, Baseball, Caesars Entertainment, China, Conventions, DraftKings, FanDuel, Florida, history, Horseracing, Illinois, Indiana, Internet gambling, Las Vegas Raiders, Louisiana, Macau, MGM Resorts International, New York, Penn National, Pennsylvania, Sports, Sports betting, The Crown 18, The Strip, TV, Wall Street | 3 Comments

They just won, baby

Congratulations to the NFL on a successful first Sunday, figuratively beating the odds against Coronavirus. Kudos to the sound designers who created the illusion of teeming crowds (complete with booing of the referees) in empty stadiums. A few quick takeaways: … Continue reading

Posted in DraftKings, FanDuel, Las Vegas Raiders, Sports, Sports betting, TV | 1 Comment

Spin of the Week

“I think the NFL will be helped by the lead-in the Masters will give it in our 4:05 window, which is good for the NFL, and I think our Alabama-LSU game that Saturday will benefit greatly by having a Masters … Continue reading

Posted in Sports, TV | 2 Comments

Ohio strong, Maryland stable, Illinois stinks

Buckeye State casinos continued their impressive run last month, up 5% to gross $172 million. This is Ohio‘s best-ever August, even with an unfavorable calendar (one less weekend day). Star performer was Hollywood Toledo, up 33% to $23 million. MGM … Continue reading

Posted in AGA, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, Colorado, Cordish Co., Dan Gilbert, Derek Stevens, DraftKings, GLPI, Golden Gaming, Hard Rock International, Illinois, Maryland, MGM Resorts International, Ohio, Pennsylvania, Politics, Regulation, Sports, Sports betting, Uncategorized | 2 Comments

Derby Day a dud; Bank cools on Resorts World LV

Seems that Churchill Downs was blowing smoke up Wall Street‘s keister about how well a delayed, spectator-less Kentucky Derby would perform. Last weekend’s Run for the Roses saw betting handle of $79.5 million, down 49% from last year. All races … Continue reading

Posted in Churchill Downs, Dining, Donald Trump, DraftKings, Economy, Election, FanDuel, G2E, Genting, Hard Rock International, Health, Horseracing, Kentucky, Las Vegas Raiders, LVCVA, Macau, MGM Resorts International, Nevada, New York, Penn National, Rush Street Gaming, Security, Sheldon Adelson, Singapore, Sports, Sports betting, The Rio, The Strip, Tourism, TV, Wall Street | 1 Comment

Quote of the Day

“Now maybe white owners that have a hard time with a player kneeling, maybe if you don’t have us at all, maybe if it really hits you where it hurts you will listen. But isn’t that sad? That might be … Continue reading

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

Sheldon: “No money for you!”; Newton manse for sale (again)

So the leopard really can’t change its spots. According to court documents, liens have been filed against the MSG Sphere at Venelazzo. The $1.65 billion project is being sued over $3 million in supposedly unpaid bills. Reported the Las Vegas … Continue reading

Posted in Colorado, Dining, Diversity, Health, Lucky Dragon, LVCVA, Massachusetts, Real Estate, Regulation, Sheldon Adelson, Sports, Sports betting, Tamares Group, The Strip, Transportation, Wayne F. Newton, Wynn Resorts | 2 Comments

Covid tourism at Bally’s; College football conundrum

When Bally’s Las Vegas announced that the Real Bodies exhibit would be adding “Covid-19 Content” we admittedly feared the worst: corpses of Coronavirus victims on display. While cashing in on Covid-19 is in questionable taste, Real Bodies seems to be … Continue reading

Posted in Caesars Entertainment, China, Dining, Diversity, Economy, Election, FanDuel, Health, Las Vegas Raiders, Massachusetts, MGM Resorts International, Nevada, Regulation, Slot routes, Sports, Sports betting, The Strip, Transportation, Westgate LV, William Hill | 3 Comments

Atlantic City impresses in July

It reopened in somewhat raggle-taggle fashion but Atlantic City is back and did rather better in July than Las Vegas in June (the last month for which we have data, see video below). Borgata made a very delayed re-entry into … Continue reading

Posted in Caesars Entertainment, Charity, Economy, Entertainment, Golden Nugget, Hard Rock International, Internet gambling, MGM Resorts International, Mohegan Sun, New Jersey, Ocean Resort, Sports, Sports betting, The Strip, Tourism, Transportation, Virginia | 2 Comments