Category Archives: Sports

Maryland, Ohio prosper; Sands scraping bottom in Macao

Regional gaming continues to be a gravy train. Maryland casinos grossed $168.5 million in August, up 9% from 2019. Just think how much better the take would have been had the month not been two weekend days shorter than August … Continue reading

Posted in Arizona, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Golden Gaming, Hard Rock International, Health, Jack Entertainment, Las Vegas Raiders, Las Vegas Sands, Macau, Maryland, MGM Resorts International, Movies, Ohio, Penn National, Sports, Sports betting, Taxes, Wall Street | 2 Comments

Further growth projected for Vegas; Arizona sports betting upheld

As we await tomorrow’s reopening of Main Street Station, a set of projections comes from Deutsche Bank analyst Carlo Santarelli that should have Las Vegas casino owners rubbing their hands with glee. Mind you, Santarelli might be erring on the … Continue reading

Posted in Arizona, Boyd Gaming, Cosmopolitan, Economy, El Cortez, Indiana, Las Vegas Raiders, Louisiana, Michael Gaughan, Missouri, Ohio, Sports, Sports betting, The Strip, Tribal, Wall Street | 3 Comments

Super-spreader event at Caesars nixed; Mega-jottings

Caesars Entertainment must have decided it was poor optics to be hosting a convention of anti-vaxxers at brand-new Caesars Forum as Coronavirus cases spike. Or maybe it blanched at the potential deep-cleaning costs after the event. Either way, QAnon-espousing “Patriot … Continue reading

Posted in Alex Meruelo, Architecture, Arizona, Arkansas, Atlantic City, Bally, Barstool Sports, BetMGM, Canada, Charity, Cirque du Soleil, Conventions, Cordish Co., Cosmopolitan, Dining, DraftKings, Entertainment, FanDuel, Foxwoods, Golden Nugget, Greenwood Racing, Hard Rock International, Health, Horseracing, International, Internet gambling, Las Vegas Raiders, M Resort, Marijuana, Marketing, MGM Resorts International, Mohegan Sun, Nevada, North Carolina, Ocean Resort, Penn National, Pennsylvania, PointsBet, Sahara, South Dakota, Sports, Sports betting, Station Casinos, The Strip, Tilman Fertitta, Virginia, Wynn Resorts, Wyoming | 2 Comments

FanDuel gets up all up in your grille; Tahoe casinos: Fire? What fire?

What will sports-betting advertising be like once football season starts? Our prediction is for overkill, followed by backlash. As though to prove our point, FanDuel is unleashing a national ad blitz with a minute-long TV spot called “Anthem.” It’s so … Continue reading

Posted in AGA, Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, California, DraftKings, Election, FanDuel, Florida, G2E, Health, International, Lake Tahoe, Marketing, Mississippi, North Carolina, Paragon Gaming, PointsBet, Politics, Seminole Tribe, Slot routes, Sports, Sports betting, Tribal, TV, William Hill | 1 Comment

Ida hits coastal casinos; Case Bets

Gulf Coast casinos are currently weathering Hurricane Ida and can be optimistic—at least in Mississippi—that it will not be a replay of Hurricane Katrina, now that all the coastal casinos are onshore. However, garages are flooding and casino doors are … Continue reading

Posted in Arizona, Atlantic City, Bally, BetMGM, Churchill Downs, Crown Resorts, DraftKings, FanDuel, Genting, Golden Nugget, James Packer, Japan, Melco Crown Entertainment, Mississippi, Ocean Resort, Oregon, Penn National, Rush Street Gaming, Sports, Sports betting, Technology, The Strip, Tribal, Westgate LV, William Hill, Wisconsin, Wynn Resorts | 3 Comments

Strip sets all-time record

Could last month’s Las Vegas Strip revenues really have been 46.5% higher than in July 2019? That’s what Wall Street analysts are telling us (Deutsche Bank‘s Carlo Santarelli says he only anticipated +5%) and there’s no reason to doubt them. … Continue reading

Posted in Arizona, Atlantic City, Barstool Sports, Baseball, Boulder Strip, Boyd Gaming, DFS, Downtown, FanDuel, Health, Japan, Laughlin, Michigan, Mississippi, North Las Vegas, Pennsylvania, Regulation, Reno, Sports, Sports betting, Tennessee, The Strip, Tourism, Transportation, Tribal, Unite-Here, Wall Street | 1 Comment

Bargains galore at Caesars; Station savages Culinary; Mega-Jottings

Caesars Entertainment is holding a fare sale across its non-Las Vegas properties, a possible signal that the stimulus-fueled recovery may be cooling (in economics, what goes up must come down). In Atlantic City you have your choice of such starting … Continue reading

Posted in Animals, Arizona, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, Culinary Union, Dining, Downtown, Health, Indiana, International, Iowa, Lake Tahoe, Laughlin, Louisiana, Marketing, Mississippi, Missouri, New Jersey, New York, North Carolina, Palms, Peninsula Pacific, Reno, Sports, Sports betting, Station Casinos, Tribal, World Series of Poker | 2 Comments

CC by KK at XV

By Jeff Leatherock, guest contributor CityCenter, the last and largest Las Vegas project by Las Vegas’ largest builder nears 15 years old. The concept probably started before 2006 and completion was a few years later. So, claiming 15 kinda fits … Continue reading

Posted in Architecture, Cirque du Soleil, CityCenter, Cosmopolitan, history, Las Vegas Sands, MGM Resorts International, Sports, The Strip, Westgate LV | 2 Comments

Florida compact sneaks into effect; DraftKings buys out Fertitta

Secretary of the Interior Deb Haaland has jumped the shark. Her department has wisely-washily neither confirmed nor denied the controversial Seminole Tribe compact with the state of Florida, one that gives the Seminoles control over sports betting in the state. … Continue reading

Posted in Arizona, BetMGM, California, Culinary Union, DraftKings, FanDuel, Florida, Golden Nugget, Health, Internet gambling, Marketing, MGM Resorts International, New Jersey, New York, Penn National, Pennsylvania, Politics, Regulation, Seminole Tribe, Sports, Sports betting, Taxes, Texas, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 1 Comment

Maryland goes, goes, goes; Penn flips out; SEC scrutinizing DraftKings

We Americans sure do love us some gambling. Maryland‘s July numbers just came in and it’s 20.5% (!) ahead of 2019. Casinos won $180 million and two extra weekend days obviously helped the tally. MGM National Harbor led with $72 … Continue reading

Posted in Arizona, Atlantic City, Bally, Barstool Sports, Caesars Entertainment, Canada, Churchill Downs, Cordish Co., DraftKings, Golden Gaming, Hard Rock International, Illinois, Indiana, International, Internet gambling, Kansas, Marketing, Maryland, MGM Resorts International, Mississippi, Missouri, Neil Bluhm, New York, Pahrump, Penn National, Pennsylvania, Politics, Regulation, Rush Street Gaming, Sports, Sports betting, Technology, Tribal, TV, Wall Street, West Virginia | Comments Off on Maryland goes, goes, goes; Penn flips out; SEC scrutinizing DraftKings

Station hits records, drops hints; Strip suffers mild setback

Station Casinos announced 2Q21 earnings yesterday and “blows through” previous peaks, according to Deutsche Bank analyst Carlo Santarelli. Despite expiration of the management contract at Graton Rancheria, Station recorded record levels of net revenue ($426.5 million) and cash flow ($210 … Continue reading

Posted in Atlantic City, California, Downtown, Economy, Entertainment, Golden Nugget, Hard Rock International, Health, Las Vegas Raiders, M Resort, MGM Resorts International, Ocean Resort, Palms, Reno, Sports, Station Casinos, The Strip, Tourism, Transportation, Tribal, Wall Street | 3 Comments

Caesars massacres table games, renames Superdome; Bally’s boffo

At the risk of flogging a deceased equine, the emperor at Caesars Entertainment has yet again showed himself to be without clothes. The latest Eldorado-ization of the Roman Empire is the wholesale slaughter of table games along the Las Vegas … Continue reading

Posted in Atlantic City, Australia, Bally, Caesars Entertainment, Crown Resorts, Dining, Eldorado Resorts, Fontainebleau, Hard Rock International, Illinois, Jack Entertainment, Louisiana, Macau, Maryland, MGM Resorts International, Regulation, Resorts World LV, Rush Street Gaming, Sports, Taxes, The Strip, Virginia, Wall Street, Wynn Resorts | 5 Comments

Real estate frenzy on the Strip; Barrack busted; Masks redux

Setting foot inside Aztec Inn Casino is not for the faint of heart. But its owners think they’re sitting on a gold mine. It and a gaggle of properties that includes Golden Skull Tattoo and Diversity Tattoo is on the … Continue reading

Posted in BetMGM, Caesars Entertainment, California, Colony Capital, Donald Trump, DraftKings, Fontainebleau, Health, International, Law enforcement, MGM Resorts International, Phil Ruffin, PointsBet, Real Estate, Reno, Sports, Sports betting, Steven Witkoff, The Strip, Tribal | 1 Comment

Atlantic City plays catch-up; Pennsylvania, Michigan flex online muscles

Casinos in Atlantic City are having trouble catching a wave from the Great Reopening. Last month’s brick-and-mortar revenues were $214.5 million, 9% down from 2019. Slot win ($154 million) was 8% lower on 11% less coin-in and luck wasn’t with … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Cordish Co., Culinary Union, Derek Stevens, Dining, DraftKings, Economy, FanDuel, FoxBet, Golden Nugget, Greenwood Racing, Hard Rock International, Health, Internet gambling, Japan, Las Vegas Sands, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Station Casinos, Taxes, The Strip, Wall Street, Westgate LV, William Hill, Wynn Resorts | 2 Comments

Massachusetts stumbles, Louisiana cruises; Big blunder at Circa

Shazam! Massachusetts casino revenues for June were $84 million, 67% higher than 2019. But wait … as Deutsche Bank analyst Carlo Santarelli points out, Encore Boston Harbor wasn’t operational two years ago (it debuted on June 23, 2019), so on … Continue reading

Posted in Atlantic City, Australia, Boyd Gaming, Caesars Entertainment, California, Century Casinos, Churchill Downs, CQ Holdings, Derek Stevens, DFS, DraftKings, Economy, Golden Gaming, Health, Internet gambling, Laughlin, Louisiana, Massachusetts, MGM Resorts International, Missouri, Nevada, Penn National, Pennsylvania, Sports, Sports betting, TV, Westgate LV, Wynn Resorts | 1 Comment

Indiana, Missouri stay strong; Mixed feelings about buffets

Casino winnings in Indiana came up just a few increments short of $200 million last month, a 13% gain on 2019. Hard Rock Gary came out of the blocks fast, grossing $26 million, although Horseshoe Hammond climbed 7% to retain … Continue reading

Posted in AGA, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dining, DraftKings, Entertainment, FanDuel, Full House Resorts, Health, Indiana, Internet gambling, Louisiana, Michael Gaughan, Missouri, New Jersey, Penn National, Pennsylvania, Philippines, PointsBet, Politics, Rush Street Gaming, Sports, Sports betting, William Hill, Wynn Resorts | 1 Comment

Resorts World a smash hit; Cranky Maine woman stiffs tribes

Some of us thought Nevada would never regain the giddy gambling heights of 2007. We were wrong. May was the best month in Silver State history, as casinos raked in $1.2 billion. (The previous high was in October 2007, on … Continue reading

Posted in Arizona, Atlantic City, BetMGM, Caesars Entertainment, Cordish Co., DraftKings, Economy, FanDuel, Genting, Health, Maine, Marketing, Nebraska, Nevada, North Carolina, Pennsylvania, Phil Ruffin, Politics, Racinos, Resorts World LV, Sahara, Sports, Sports betting, Tennessee, Tribal, Virginia, Wynn Resorts | 2 Comments

Scientific Games goes on a diet; BetMGM stiffs player

This is a head-scratcher. Despite sports betting sweeping our great country, Scientific Games is opting out of the sports-wagering business. And the lottery biz, too, even though that remains a robust market segment. Reported JP Morgan analyst Joseph Greff, “management … Continue reading

Posted in Arizona, Atlantic City, BetMGM, Churchill Downs, Cirque du Soleil, CQ Holdings, Dining, Environment, Hard Rock International, Health, Illinois, Lotteries, Louisiana, MGM Resorts International, Michigan, Rush Street Gaming, Scientific Games, Sports, Sports betting, Technology, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on Scientific Games goes on a diet; BetMGM stiffs player

Florida gets tag-teamed; Penn upbeat on 2021; Vegas room rates soar

This is how it’s done. Or supposed to be done. DraftKings and FanDuel are teaming to back a petition drive to legalize sports betting in Florida. Aimed at the November 2022 election ballot, the resolution would dedicate tax revenues from … Continue reading

Posted in Baseball, Caesars Entertainment, Canada, Colorado, Dining, DraftKings, Economy, Election, FanDuel, Hard Rock International, Las Vegas Sands, Law enforcement, Louisiana, Maine, Massachusetts, MGM Resorts International, Oklahoma, Peninsula Pacific, Penn National, Pennsylvania, Problem gambling, Regulation, Sports, Sports betting, Taxes, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts | 2 Comments

Louisiana up again; DraftKings hit hard

Casinos in Louisiana weren’t quite as phat last month as in April but still nudged up 5% overall. In New Orleans, the leader was Harrrah’s New Orleans with $27 million (+1%), followed by Boomtown New Orleans, leaping 21% to $12.5 … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, China, Churchill Downs, CQ Holdings, DraftKings, FanDuel, Golden Nugget, Greenwood Racing, Law enforcement, Louisiana, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, Taxes, Wall Street | Comments Off on Louisiana up again; DraftKings hit hard