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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- Alice Eskandari on Durango Station, slightly downsized
- 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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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,859 views
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Category Archives: The Strip
Silverton: Pahrump or bust; Bluhm yanks application
Next stop, Pahrump. That’s where Silverton hopes to be heading, proposing Silverton Ranch just off State Route 160. “We like the growth of the area … and we like the Death Valley component, with the number of tourists and tour buses … Continue reading
Posted in Entertainment, Internet gambling, Massachusetts, Pahrump, Pennsylvania, Politics, Rush Street Gaming, Silverton, The Strip, Tribal
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Illinois stumbles; Kimmel returns to Vegas roots
It would take more than an extra weekend day to account for a 7% slippage in Illinois gaming revenues, which were positive year/year in 2017. Nobody had a revenue-positive month, not even Rivers Casino, down 5% despite a state-leading $34 … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Delaware, Economy, Eldorado Resorts, Entertainment, Galaxy Entertainment, GLPI, Greenwood Racing, International, Internet gambling, Macau, Melco Resorts & Entertainment, Movies, Penn National, Pennsylvania, Rush Street Gaming, Sheldon Adelson, The Strip, Tourism, Tribal, TV, Wall Street, Wynn Resorts
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Las Vegas: The good, the bad, the resort fees
Mark it on your calendar. According to Credit Suisse analyst Cameron McKnight, long-awaited, tantalizingly delayed Resorts World Las Vegas will debut in late 2020, a date “recently … affirmed” by Genting Group. In other good news for Sin City, convention and … Continue reading
Posted in Arizona, Donald Trump, Economy, G2E, Genting, International, Internet gambling, Law enforcement, Macau, New York, Resort fees, Taxes, Technology, The Strip, Tribal, TV, Wall Street
1 Comment
About-face in Florida; Fear and litigation in Las Vegas
While it’s a little early for S&G to be making political endorsements in 2018, we’ve had a change of heart regarding Voters in Charge, a constitutional amendment that would strip the Florida Legislature of its power to control gambling expansion … Continue reading
Posted in Atlantic City, Donald Trump, Economy, Election, Law enforcement, Nevada, Sexual misconduct, Taxes, The Strip, Wynn Resorts
1 Comment
Congress: Listen to the ladies (it’s not what you think)
We predicted a kangaroo court for sports betting on Capitol Hill last week and our fears were confirmed when influential Rep. James Sensenbrenner opined that “We’re going to be in for huge amounts of trouble in the future.” Nothing like stacking … Continue reading
Posted in AGA, Economy, G2E, Internet gambling, Law enforcement, Macau, Marketing, Massachusetts, MGM Resorts International, Movies, Politics, Regulation, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Technology, The Strip, Wynn Resorts
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Mohegan Sun shines
Congratulations to Mohegan Sun on being named ‘Best Hotel’ by readers of USA Today. I’ve never stayed there but would reckon this is quite a coup and shows yet again that tribal casinos don’t yield the palm to private-sector ones … Continue reading
Posted in Alex Meruelo, Atlantic City, Boyd Gaming, Caesars Entertainment, California, CityCenter, Derek Stevens, Dining, Downtown, Economy, Foxwoods, Las Vegas Sands, Louisiana, Marketing, MGM Resorts International, Mohegan Sun, New York, Penn National, Pinnacle Entertainment, Reno, Resort fees, Sheldon Adelson, Station Casinos, Tamares Group, The Strip, Tilman Fertitta, Tribal, Wynn Resorts
2 Comments
Federal sports-betting regulation bombs
At least one woman was treated with respect yesterday on Capitol Hill and that was the American Gaming Association‘s Sara Slane. We reviewed her prepared testimony yesterday. “Because of the active, robust state and regulatory tribal gaming oversight, gaming is one … Continue reading
Posted in AGA, Current, Economy, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Nevada, Politics, Regulation, Sports betting, The Strip
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Dog days on the Strip
August numbers are in and casinos on the Las Vegas Strip tanked, down 12.5%. Credit Suisse analyst Cameron McKnight called this result “not as bad as feared,” which prompts one to wonder what a worst-case scenario would look like. The … Continue reading
MGM: Riding out the storm
As Golden Week nears in Macao, hotel rooms are sold out at all Wynn Macau properties. MGM Grand Paradise has one night open while struggling MGM Cotai has three nights of vacancies (and this without its full complement of rooms). … Continue reading
MGM Springfield a hit; Prolonged anxiety for Wynn
We’ve become so inured to casinos highballing attendance figures that it comes as a pleasant surprise when one opens to business that exceeds expectations. Such is the case with MGM Springfield, which is seeing 50,000 customers per weekend day and … Continue reading
Posted in Dining, Entertainment, Environment, Foxwoods, Macau, Massachusetts, MGM Resorts International, Mohegan Sun, Regulation, Sexual misconduct, Steve Wynn, The Strip, Wynn Resorts
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Shelter from the storm; Eldorado enters Atlantic City
Looking for someplace to ride out the storm. Ocean Resort is full through September 15 but comped rooms will be available after that. “We completely understand the concern for families and the community during times like this, so we want to … Continue reading
Posted in Atlantic City, Bruce Deifik, Carl Icahn, Charity, Churchill Downs, Eldorado Resorts, Entertainment, Environment, International, Internet gambling, Lake Tahoe, Laughlin, Mohegan Sun, Penn National, Pennsylvania, Pinnacle Entertainment, Regulation, Reno, Rush Street Gaming, Technology, The Strip, Wynn Resorts
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MGM cuts the cheese; Adelson has a heart
Earlier this week MGM Resorts International made a flatulent public-relations move. It offered, in lieu of siccing process servers on some 1,000 Mandalay Bay Massacre victims, that it would donate $500 each to charity. That’s right: A company that made … Continue reading
New kink at Linq; Casino clash in Arkansas
That Vegas High Roller thing didn’t work out so well for Caesars Entertainment, so now it’s going to try shooting tourists down the Linq Promenade on a 114-foot-high zipline. This quick thrill will be priced at $20-$30 in the daytime … Continue reading
Posted in Arkansas, Boyd Gaming, Caesars Entertainment, Charity, Election, Entertainment, Horseracing, Phil Ruffin, Politics, Sports, The Strip, Tribal
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Caesars hailed; Wynn Resorts for sale?
Credit Suisse has initiated coverage of Caesars Entertainment, citing it as its “Top Pick” in the gaming sector. Why? “It recently re-emerged from bankruptcy and is one of the largest US gaming operators, with eight Las Vegas Strip and 22 … Continue reading
Posted in Atlantic City, Caesars Entertainment, Centaur Gaming, Dan Gilbert, Economy, Elaine Wynn, Hawaii, Indiana, Louisiana, Macau, Marketing, MGM Resorts International, Mississippi, Nevada, Steve Wynn, The Strip, Wall Street, Wynn Resorts
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Project First Light dims; Once and future Horseshoe?
After much hemming and hawing, the Trump administration finally came down off the fence on the Mashpee Wampanoag‘s Project First Light casino, saying it couldn’t see a way forward to taking the land into trust for gaming purposes. U.S. District Court … Continue reading
Posted in AGA, Baseball, Boyd Gaming, Caesars Entertainment, Dan Gilbert, Detroit, DFS, Dining, Eldorado Resorts, Genting, Kentucky, Massachusetts, Movies, Ohio, Penn National, Politics, Regulation, Rhode Island, Sports, Sports betting, The Strip, Tribal
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Resort fees rethought; Yokohama rejects casinos
Congratulations, Scott Roeben. Analyst Cameron McKnight of Credit Suisse is a Vital Vegas reader and cites it in his latest investor note. He also mentions a publication with which I’m not familiar, LV Locally, when writing “that several Las Vegas … Continue reading
Dispatches from the front lines
Already MGM Springfield is spurring external economic stimulus in Springfield. A new (and rather fugly) Hilton has been proposed for an adjacent site, costing $15 million and boasting 100 hotel rooms once finished. For the city, the cancellation of MGM’s planned hotel … Continue reading
Posted in Economy, Entertainment, Environment, history, Massachusetts, MGM Resorts International, Minnesota, Penn National, Rhode Island, The Strip, Tribal
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State of D-nile; Red-tag sale at Caesars
Xstal Campbell, a former dancing barmaid at The D, will be testifying before the Nevada Gaming Control Board today, along with other, unidentified casino workers. The subject will be sexual harassment. Ms. Campbell, who also will try her case before … Continue reading
Posted in AGA, Caesars Entertainment, Culinary Union, Derek Stevens, Downtown, Economy, Marketing, Regulation, Sexual misconduct, Sports, Sports betting, The Strip, Wall Street
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Titanic exhibit in peril; It’s Greek to them
Luxor‘s display of Titanic relics has hit an iceberg in the form of a bankruptcy court auction against owner Premier Exhibitions. It’s likely the collection will be kept intact, not dispersed to the four winds, although the latter might be … Continue reading
Posted in Australia, Caesars Entertainment, Downtown, Hard Rock International, history, International, Las Vegas Sands, Marijuana, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Movies, Penn National, Regulation, Sports betting, Taxes, The Strip, TV, Wall Street, West Virginia
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Quote of the Day
“What we don’t want to do is anything that diminishes the customer experience, because then they won’t be coming back.” — MGM Resorts International CEO Jim Murren during his latest investor call. So you’ll be clawing back those resort and … Continue reading
Posted in MGM Resorts International, Resort fees, The Strip
2 Comments
