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- If you can’t beat ’em, cheat ’em; Fun & games
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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- 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
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,674 views
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- Lame nag; Frissora overpaid? - 578,506 views
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- That casino smell - 63,618 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,242 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,833 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,222 views
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Category Archives: The Strip
Carrot Top returns …
… and there’s some good news, too. Other, better shows are reopening on the Las Vegas Strip, including David Copperfield and Jabbawockeez. (MJ Live resumes at The Strat on Nov. 4, a day we’ll need something to take our mind … Continue reading
Sands: “Awful and apathetic”; Sheldon’s deep pockets
Despite ” taking into account a slower than anticipated rebound during the Golden Week period earlier this month and a generally slow visitation boost and revenue recovery from the (still early) resumption of the” Individual Visa Scheme in Macao, analysts at … Continue reading
You, me and Derek
Being snowed under with unrelated work today, I thought you might enjoy this interview I conducted with Derek Stevens for Casino Life, available as an online PDF. Please advise me if you experience any technical difficulties.
Posted in Derek Stevens, Massachusetts, MGM Resorts International, Sports, Sports betting, The Strip, TV
2 Comments
Missouri wilts; Encore closes (sorta); Station upgraded
Pent-up demand and stimulus checks appear to be sputtering across the Midwest. Missouri casinos were down 7.5% last month, grossing $129.5 million. Slots ($112 million) were off 6% and table games tumbled 17%. Top grosser in the state was Ameristar … Continue reading
Posted in Australia, Boyd Gaming, Caesars Entertainment, Century Casinos, Downtown, Economy, Hard Rock International, International, James Packer, Marketing, MGM Resorts International, Missouri, Mohegan Sun, Palms, Penn National, Regulation, Sports, Sports betting, Station Casinos, The Strip, Transportation, Twin River, Wynn Resorts
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Funny biz at Trump International
With his golf-course-and-hotel empire bleeding cash, Donald Trump needed some quick moolah to juice his 2016 presidential campaign. And where did he get it? From the coffers of Trump International Las Vegas, according to tax documents obtained by the New … Continue reading
Optimism for MGM, Churchill Downs; Cheap rooms = riff-raff
Although they remain relatively pessimistic on Macao, analysts at JP Morgan like MGM Resorts International sufficiently to raise their price target on its stock to $24/share. The primary reason was “better than expected trends” at MGM’s regional U.S. casinos, followed … Continue reading
Kings for a day; Covid’s casino kingpin
As you know, DraftKings is the current darling of Wall Street, its stock hovering around $50/share. Today Credit Suisse analyst Ben Chaiken initiated coverage with an “outperform” rating, putting a $76/share price target on the stock. He even went to … Continue reading
Posted in Atlantic City, Australia, Brazil, Caesars Entertainment, California, China, Crown Resorts, DraftKings, Economy, FanDuel, Golden Nugget, Health, IGT, Illinois, Internet gambling, Japan, Lake Tahoe, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Louisiana, Macau, Maverick Gaming, MGM Resorts International, Nebraska, Rush Street Gaming, Sports, Sports betting, Technology, The Strip, Tilman Fertitta, TV, Twin River, Wall Street, Wynn Resorts
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
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
Strip lags Nevada
Silver State gaming revenues were down 22% last month, largely retarded by the Las Vegas Strip (-39%), while locals revenues showed remarkable strength, rising 10%—particularly impressive given the high level of unemployment in Nevada. The statewide gross was $743 million: … Continue reading
Posted in Boulder Strip, Boyd Gaming, Derek Stevens, Downtown, Economy, Lake Tahoe, Mesquite, MGM Resorts International, Mississippi, Nevada, North Las Vegas, Reno, Station Casinos, The Strip, Wall Street, Wendover
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Cretins amok in Alabama; Caesars: $2.7B for William Hill
There’s stiff competition for Troglodyte of the Year but Alabama Attorney General Steve Marshall has staked a prohibitive claim. He’s on a crusade to shut down the state’s three private-sector casinos and he won an important victory last week. The … Continue reading
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
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
Has Las Vegas jumped the shark?
Global Gaming Business, hardly a canary in a coalmine, must think the Covid-19 pandemic is pretty horrendous for it to blast a special report today that Las Vegas Strip casinos are “barely surviving” at the moment. No conventions, scant air … Continue reading
Posted in Atlantic City, Conventions, Dining, Economy, Entertainment, G2E, Health, history, Reno, The Strip
3 Comments
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
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Louisiana hard hit; Mohegan Sun, Foxwoods tops in U.S.
Slammed by a double-whammy of hurricanes, Louisiana was accordingly unfortunate in gambling revenue, which plunged 32% to $148.5 million. The only market spared was Baton Rouge (-12%). Lake Charles bore the brunt of Hurricane Laura and the numbers reflected it. … Continue reading
Posted in Arizona, Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cosmopolitan, Derek Stevens, Dining, Donald Trump, Downtown Grand, Election, Foxwoods, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Las Vegas Raiders, Las Vegas Sands, Louisiana, Marketing, Massachusetts, MGM Resorts International, Mississippi, Mohegan Sun, Ocean Resort, Oklahoma, Penn National, Reno, Sahara, Sheldon Adelson, Slot routes, Sports betting, Station Casinos, Tamares Group, The Strip, Tourism, Transportation, Tribal, Twin River, Wynn Resorts
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