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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Sports
Las Vegas: What next and when?
While everyone from Las Vegas Mayor Carolyn Goodman up to the highest ranks of the federal government trying to rush people back to work, we’re forced to consider what Sin City will look like after the Coronavirus pandemic … and when … Continue reading
Boyd sacks workforce; Political wagering in West Virginia
Job cuts continue at Las Vegas casinos. Boyd Gaming employees are out of jobs starting tomorrow, although health benefits will continue through June 30. For a company that’s sitting on as much cash as Boyd, that’s a strange move. Boyd’s … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, Canada, Charity, Cirque du Soleil, Cosmopolitan, DraftKings, Election, FanDuel, Health, MGM Resorts International, Michigan, Sports, Sports betting, Technology, The Rio, Tourism, Tribal, TV, Wall Street, West Virginia, World Series of Poker
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MGM: Just say no; NBA to Vegas?
Setting an admirable example, MGM Resorts International will be abstaining from any CARES Act bailout money. It will avail itself of the loan guarantees being extended by the federal government. As the company itself says, it needn’t play poor, not … Continue reading
Sanders enters casino fray; MGM execs play the market
Sen. Bernie Sanders (I), perhaps in a move to reinvigorate his comatose presidential campaign, has waded into the dispute between the Trump administration and the Mashpee Wampanoag. The origin of the tribe’s newly dissolved, 321-acre reservation is clouded by tribal recognition during … Continue reading
Harbingers of hope
Tonight, in a gesture of defiance toward Coronavirus, a parade of vehicles will be held up the otherwise-deserted Las Vegas Strip. Led by mobile billboard Balanceville Art Car, “Light Up Las Vegas” will begin from McCarran Sunset Business Park, immediately south … Continue reading
Posted in Boyd Gaming, California, Charity, Detroit, Downtown, Health, Japan, Marketing, Penn National, Resorts World LV, Sports, The Strip
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Under the Boardwalk; Premature panic in Virginia
New Jersey Gov. Phil Murphy (D) is taking the long view on casino closures—as in, what happens if they last two months? He’s measuring the negative economic impact at $1.1 billion. According to The Press of Atlantic City, “That figure encompasses … Continue reading
Stitt catches a break; Station, Gaughan step up to the plate
Did the government of Oklahoma screw up the exclusivity agreement that gave it power over tribal gambling? That’s the contention of a new legal brief from the Wichita and Affiliated Tribes, who say that the recent expansion of lottery offerings … Continue reading
Posted in Boyd Gaming, Charity, Dan Gilbert, Downtown, Genting, Golden Gaming, Health, International, Internet gambling, Lotteries, MGM Resorts International, Michael Gaughan, Ohio, Oklahoma, Sahara, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tilman Fertitta, Tribal, William Hill
1 Comment
Notes in the time of Coronavirus
Saying her city “cannot survive” a month-long shutdown, Las Vegas Mayor Carolyn Goodman (D) wants Gov. Steve Sisolak (D) to drastically reduce his 30-day casino closure. We admire Goodman normally but think she’s out of her depth here or, as … Continue reading
Posted in AGA, Caesars Entertainment, Conventions, Cretins, Economy, Election, Genting, Horseracing, International, Las Vegas Raiders, Nevada, New York, Sports, Sports betting, Technology, The Strip, Tourism, Tribal, Wall Street, Washington State
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Where do we go from here?
In the process of canceling its 2020 earnings guidance, Marriott International gave some oblique insight into how the casino industry is likely to cope with the Coronavirus quarantine. Occupancy, it said, had fallen to 25%, compared to 70% last year. … Continue reading
Posted in AGA, Alabama, Baseball, Boyd Gaming, Caesars Entertainment, Carl Icahn, Charity, Economy, Health, Illinois, Indiana, International, Internet gambling, Iowa, Las Vegas Sands, Macau, Melco Resorts & Entertainment, MGM Resorts International, Movies, Oregon, Penn National, Real Estate, Regulation, Sahara, Sheldon Adelson, Slot routes, South Korea, Sports, Sports betting, The Strip, Tribal, Wall Street, Wynn Resorts
1 Comment
Life after casinos; Sheldon is george
“The situation continues to evolve and will escalate rapidly and dramatically. These are unprecedented actions in an extraordinary situation, but they could be the difference in saving lives and keeping people safe.” So said Maryland Gov. Larry Hogan (R) on Sunday, … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, California, China, Cordish Co., e-sports, Economy, Entertainment, Foxwoods, Health, Horseracing, Internet gambling, Las Vegas Sands, Maryland, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, Nevada, Oklahoma, Pennsylvania, Politics, Rush Street Gaming, Sheldon Adelson, Sports, Sports betting, The Strip, Tourism, Tribal, TV, Wisconsin
1 Comment
Gaming: Too big to fail?; Sports betting gets creative
Casino CEOs have no shame. They are capitalizing on the Coronavirus crisis to go to Congress, palms extended, cadging for a bailout. In an outrage-inducing story in today’s Washington Post, it is reported that the gaming industry’s wish list includes: … Continue reading
Darkness at noon
Casino dominos continue to topple. The Cosmopolitan of Las Vegas is the latest Las Vegas Strip casino to close thanks to Covid-19, “temporarily.” (Well, none of the closures has been permanent but there are different degrees of temporary-ness, MGM Resorts … Continue reading
Posted in Alabama, Atlantic City, Caesars Entertainment, Connecticut, Cosmopolitan, Detroit, Dining, Foxwoods, Health, Las Vegas Raiders, Las Vegas Sands, Louisiana, Massachusetts, MGM Resorts International, Michigan, Mississippi, Mohegan Sun, New Jersey, New York, Penn National, Sports, The Strip, Tribal
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Sports betting kneecapped; What Sauce!
We’re far from knowing the full ramifications of widespread sports cancellations and postponements upon the gaming industry. However, the impact upon sports betting looks to be deep and dire. Last March, Nevada casinos saw $499 million in handle and $39.5 … Continue reading
Posted in Caesars Entertainment, California, Charity, Economy, Eldorado Resorts, Philippines, Planet Hollywood, Regulation, Resort fees, Sports, Sports betting, The Rio, The Strip, Wall Street
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Casino closures sweep the country
We’re all going through what are called “adjustment reactions,” including casino executives across the country. They’d like to stay open for business—many are—but others are being forced to close or making the difficult choice to go dark on their own. … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Conventions, Cordish Co., Derek Stevens, Downtown, e-sports, Economy, Eldorado Resorts, Health, IGT, Illinois, Indiana, Las Vegas Sands, Maryland, Massachusetts, Melco Resorts & Entertainment, MGM Resorts International, New York, Ohio, Pennsylvania, Scientific Games, Sports, Station Casinos, The Strip, Wall Street, Wynn Resorts
1 Comment
A silver lining for gaming?
by Jeff Goldberg, guest contributor With each passing day, if not hour, Covid-19 overwhelms another entertainment institution—including sports. By Thursday afternoon, three major American sports leagues—NBA, NHL and Major League Baseball—had all suspended their seasons. The NCAA March Madness tournament … Continue reading
Posted in California, Health, Internet gambling, Marketing, New York, Sports
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Trump a public menace … Trump Plaza, that is
Carl Icahn clings to dilapidated Trump Plaza like a child to a favorite toy. But he may be forced to face reality whether he likes it or not. It’s ‘Look out below’ for pedestrians passing the corpse of the casino, … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Detroit, Economy, Eldorado Resorts, FanDuel, Hard Rock International, Health, Internet gambling, Las Vegas Sands, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, New Jersey, Ocean Resort, Penn National, Sports, Sports betting, The Strip, Tilman Fertitta, Wynn Resorts
3 Comments
Bad news for Golden Knights, MGM; Lady Gaga honored
T-Mobile Arena is going to be a lot quieter now that the National Hockey League has suspended its season indefinitely. It is leaving the door open to eventual resumption of play, asking constituent arenas to keep ice time available through … Continue reading
Posted in Animals, Donald Trump, Election, Entertainment, Health, MGM Resorts International, Sports, The Strip, Tourism
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Las Vegas slides toward crisis as market tanks
Coronavirus having been officially been declared a pandemic by the World Health Organization, it was only a matter of time before the impact hit Las Vegas. Not much time, either. Late yesterday, the National Association of Broadcasters pulled the plug … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, California, Conventions, DFS, Donald Trump, Economy, Eldorado Resorts, Health, International, Las Vegas Sands, Melco Resorts & Entertainment, MGM Resorts International, New York, Sheldon Adelson, South Korea, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tourism, Twin River, Wall Street, Wynn Resorts
3 Comments
Stitt plays games; Georgia weighs sports betting
Ignoring a court order, voluble Oklahoma Gov. Kevin Stitt (R) decided to negotiate through the media again. Instead of dickering with the Sooner State’s tribes over revenue sharing (which he’s supposed to be doing), Stitt threatened to bring private casinos into … Continue reading
Posted in Connecticut, Cretins, Georgia, Health, International, Oklahoma, Politics, Sports, Sports betting, Taxes, Tourism, Tribal
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Bank rides to Churchill Downs’ rescue; Las Vegas healthy
Last week Churchill Downs posted perfectly good 4Q19 numbers but Wall Street wasn’t buying it. CHDN shares slumped 14%. That prompted some weekend damage control from JP Morgan, which bumped its rating up from “neutral” to “overweight,” and sent analyst … Continue reading
Posted in Caesars Entertainment, China, Conventions, Donald Trump, Economy, Eldorado Resorts, Health, history, Horseracing, Illinois, Indiana, International, Kentucky, Marketing, Problem gambling, Regulation, Rhode Island, Slot routes, Sports, Sports betting, The Strip, Tourism, Transportation, Tribal, Wall Street, Washington State, William Hill, Wynn Resorts
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