Category Archives: Tilman Fertitta

Louisiana: Hot in June

Posted on July 21, 2017 by David McKee

Gambling revenues in the Pelican State enjoyed a 5% jump last month, reaching $213 million (not counting slot routes). How good was business? The “worst performing” market, Lake Charles, was up 1%. L’Auberge du Lac ($27 million) had an aberrantly … Continue reading →

Posted in Boyd Gaming, California, Churchill Downs, Eldorado Resorts, GLPI, Harrah's, Isle of Capri, Law enforcement, Louisiana, Penn National, Pinnacle Entertainment, Racinos, Tilman Fertitta, Tribal, Tropicana Entertainment | Comments Off

Becalmed in Atlantic City; The friends of Sheldon Adelson

Posted on July 13, 2017 by David McKee

Casinos in Atlantic City would have been up 11% last month — were it not for the big, fat zero that is Trump Taj Mahal in same-store revenue comparisons. Instead, they were dead even with June 2016, redeemed only by … Continue reading →

Posted in Atlantic City, Dan Gilbert, Detroit, Donald Trump, Election, Harrah's, International, Internet gambling, Japan, MGM Mirage, Mohegan Sun, Politics, Sheldon Adelson, Sports, Tilman Fertitta, Tropicana Entertainment | Comments Off

The truly big game: Sports betting; Trump vs. tribes … or not?

Posted on June 28, 2017 by David McKee

Going out on a limb, I. Nelson Rose predicts the Supreme Court will rule in New Jersey‘s favor with regard to sports betting. As he notes, “[Chief Justice John Roberts] and the other conservative members of the Court would like … Continue reading →

Posted in Atlantic City, Donald Trump, Geoff Freeman, history, Internet gambling, Politics, Regulation, Sports, Tilman Fertitta, Tribal | Comments Off

Pinnacle wins, Boyd loses in Louisiana

Posted on June 20, 2017 by David McKee

After a fairly calamitous May of 2016, last month was smooth sailing for Louisiana casinos, up 6% overall. True, Shreveport/Bossier City was flat but Lake Charles rose 9%, New Orleans increased 5% and Baton Rouge — look out! — was … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Eldorado Resorts, GLPI, Harrah's, Louisiana, Pinnacle Entertainment, Tilman Fertitta, Tropicana Entertainment | Comments Off

Better times come to Atlantic City; Wynn Boston Harbor sets opening date

Posted on June 15, 2017 by David McKee

May’s gambling grosses are in from the Boardwalk and Atlantic City is up 2.5% since last year — 11% if Trump Taj Mahal is subtracted from the comparison. Terrestrial casinos pulled in $208 million, while Internet gambling grossed a further … Continue reading →

Posted in Affinity Gaming, Architecture, Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Dan Gilbert, Detroit, Golden Gaming, Goldman Sachs, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, North Las Vegas, Palms, Phil Ruffin, SLS Las Vegas, Station Casinos, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off

Pelican Brief; Miami Beach bans casinos

Posted on May 16, 2017 by David McKee

Despite having one less weekend day this year, April was a good month for Louisiana, as gambling revenue rose 5%. The growth was especially dramatic in the Pelican State market, up 19%. By contrast, Shreveport/Bossier City was down 3%. The increase … Continue reading →

Posted in Boyd Gaming, Eldorado Resorts, Galaxy Entertainment, GLPI, Hard Rock International, Harrah's, Isle of Capri, Japan, Louisiana, MGM Mirage, Oklahoma, Pinnacle Entertainment, Sheldon Adelson, Singapore, Technology, The Strip, Tilman Fertitta, Tribal, Tropicana Entertainment, TV, Wall Street | Comments Off

Borgata keeps Atlantic City afloat; No slots for Wichita

Posted on May 15, 2017 by David McKee

Atlantic City had a bit of adversity in April, down 3.5%. However, when last year’s Trump Taj Mahal grosses are removed from the comparison, the Boardwalk was up 4%. Market leader, by an astonishing margin, was Borgata, garnering $58.5 million, … Continue reading →

Posted in Atlantic City, Boyd Gaming, Harrah's, Indiana, Japan, Kansas, Majestic Star, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Problem gambling, Racinos, Taxes, Technology, Tilman Fertitta, Tropicana Entertainment | Comments Off

Big bounce in Louisiana; Poker and booze go better together

Posted on April 19, 2017 by David McKee

Compared with a flood-plagued March of 2015, business was booming at Louisiana casinos, up 10%, especially Baton Rouge (+20.5%), although New Orleans was flat. JP Morgan analyst Joseph Greff is predicting less salubrious results in April, blaming the Easter Bunny, among … Continue reading →

Posted in Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, Foxwoods, Genting, GLPI, Harrah's, IGT, Internet gambling, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, Politics, Regulation, South Korea, Taxes, Tilman Fertitta, Tourism, Tribal, Tropicana Entertainment, Wall Street | Comments Off

Atlantic City runs the table; Next, the “Osaka Strip”?

Posted on April 13, 2017 by David McKee

It’ll take a lot more than an extra weekend day to account for a 7% spike in Atlantic City‘s gaming revenue. When you subtract the corpse of Trump Taj Mahal from the body count, the year over year comparison is … Continue reading →

Posted in Atlantic City, Dan Gilbert, Detroit, Hard Rock International, Harrah's, Internet gambling, Japan, MGM Mirage, Mohegan Sun, PokerStars, Problem gambling, Sports, Tilman Fertitta, Wall Street | Comments Off

Slim hope for North Dakota casinos; Russians hack U.S. slot machines

Posted on March 22, 2017 by David McKee

North Dakota lawmakers are still averse to the idea of state-owned casinos (which caused a fair number of birthing pains for Kansas) but they split the baby on casino expansion this week. While the House Judiciary Committee still stamped “do … Continue reading →

Posted in Atlantic City, International, Law enforcement, Missouri, North Dakota, Pennsylvania, PokerStars, Politics, Problem gambling, Sheldon Adelson, Singapore, Tilman Fertitta, Tribal | Comments Off

Gaming up nationally — but Louisiana gets hammered

Posted on March 20, 2017 by David McKee

America‘s casino industry had a winning month in January, up 3.5% to $3.4 billion. Even Illinois, which has never recovered from the smoking ban, was in the top four, behind Nevada (naturally), Pennsylvania and Louisiana. The only serious loser was … Continue reading →

Posted in Affinity Gaming, Atlantic City, Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, GLPI, Harrah's, Illinois, Internet gambling, Isle of Capri, Louisiana, Marketing, Maryland, Ohio, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Taxes, Tilman Fertitta, Tropicana Entertainment, West Virginia | Comments Off

Business as usual at Boyd; Pinnacle looks to expand

Posted on March 3, 2017 by David McKee

* Top brass at Boyd Gaming met with J.P. Morgan analyst Joseph Greff and reported a relatively unruffled start to 2017, although the delayed mailing of income-tax refunds (about three weeks later than usual) was retarding results a bit. Still, … Continue reading →

Posted in Boyd Gaming, California, Cannery Casino Resorts, Colorado, Current, Economy, Louisiana, Marketing, MGM Mirage, North Las Vegas, Penn National, Pinnacle Entertainment, The Strip, Tilman Fertitta, Tribal, Wall Street, West Virginia | 1 Comment

Atlantic City warms up; Tribe puts faith in Trump

Posted on February 15, 2017 by David McKee

Judging by his apparent failure to build brand awareness of Ten, mogul Glenn Straub is going to have trouble cracking the Atlantic City nut. That’s fine by his rivals, who are all doing very well without him. Online gambling continues … Continue reading →

Posted in Atlantic City, Boyd Gaming, Dan Gilbert, Detroit, Harrah's, Kansas, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, New York, North Las Vegas, Pennsylvania, Politics, Racinos, Steve Wynn, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | Comments Off

MGM National Harbor a hit with players; Fertitta talks a good game

Posted on February 7, 2017 by David McKee

Given its high profile, MGM National Harbor had to hit a home run for MGM Resorts International and, judging by the numbers, it’s done just that. Last month it grossed $49 million, which — when the numbers are adjusted to … Continue reading →

Posted in Boyd Gaming, Cordish Co., Downtown, GLPI, Golden Gaming, Goldman Sachs, Harrah's, Illinois, Louisiana, Maryland, MGM Mirage, Mississippi, Neil Bluhm, Nevada, New York, Penn National, Politics, Racinos, Regulation, Sheldon Adelson, Slot routes, Sports, Station Casinos, The Strip, Tilman Fertitta, Wall Street, West Virginia | Comments Off

Lukewarm Christmas in Louisiana; New casino for Indiana?

Posted on January 20, 2017 by David McKee

Despite an extra weekend in December, Louisiana gaming revenues were only modestly up, +4%, although gambling fever sure gripped Baton Rouge, where casinos won 14% more than last year. New Orleans has fallen to a distant third ($47 million) as … Continue reading →

Posted in Boyd Gaming, California, Churchill Downs, Dan Lee, Florida, Full House Resorts, GLPI, Harrah's, Indiana, Isle of Capri, Louisiana, Maryland, MGM Mirage, Penn National, Pinnacle Entertainment, Racinos, Seminole Tribe, Taxes, The Strip, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street, West Virginia | Comments Off

All right in Atlantic City; Trump: The Asia connection

Posted on November 28, 2016 by David McKee

Columnist Steve Ruddock recently took a deep dive into Atlantic City and found the water to be just fine, thank you. He didn’t just mean his hotel room at Resorts Atlantic City, which he deemed cleaner and better-maintained than many … Continue reading →

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Donald Trump, Glenn Straub, Harrah's, International, Iowa, Massachusetts, MGM Mirage, Mohegan Sun, Penn National, Regulation, Revel, Tilman Fertitta, Tropicana Entertainment, Trump Entertainment Resorts, Vietnam | 1 Comment

Atlantic City: Golden Nugget now tops; MGM’s holy rollers

Posted on November 16, 2016 by David McKee

There’s a new leader in Atlantic City‘s Internet-gambling arena. Not PokerStars over at Resorts Digital. They’re still in last place. No, grabbing 24.5% of market share, Golden Nugget now heads the pack. Borgata has 22%, Caesars Interactive holds 18% and … Continue reading →

Posted in Atlantic City, Carl Icahn, Harrah's, Internet gambling, Massachusetts, MGM Mirage, Mohegan Sun, Neil Bluhm, Pennsylvania, PokerStars, Taxes, Tilman Fertitta, Tropicana Entertainment, Wall Street | Comments Off

Mixed signals from Atlantic City

Posted on October 13, 2016 by David McKee

Despite having an extra weekend day last month, casino receipts in Atlantic City were down 3.5%, largely driven by the Trump Taj Mahal. (Subtract the Taj from the equation and you’d have a flat year/year comparison.) Table game revenues were … Continue reading →

Posted in Atlantic City, Carl Icahn, Glenn Straub, Harrah's, Internet gambling, MGM Mirage, Mohegan Sun, PokerStars, Revel, Tilman Fertitta, Tropicana Entertainment | 3 Comments

Taj Mahal: Soon with 100% less Trump?; Sands jams up players

Posted on October 13, 2016 by David McKee

While the last vestiges of Donald Trump‘s ownership of Trump Taj Mahal were liquidated when Carl Icahn took over, it retained the name and continued to buy Trump Water. (The taste of douchebaggery?) What concerns politicians in Trenton is the prospect … Continue reading →

Posted in Affinity Gaming, Architecture, Atlantic City, Carl Icahn, Charity, Cirque du Soleil, Donald Trump, Downtown, Entertainment, Harrah's, International, Politics, Sheldon Adelson, The Strip, Tilman Fertitta, Tropicana Entertainment | Comments Off

Trump: The art of losing (money); Daylight in Macao

Posted on October 3, 2016 by David McKee

Being the most inept casino developer in American history (four bankruptcies speak for themselves) has its advantages. The red ink hemorrhaged by Donald Trump‘s Atlantic City casinos spilled over onto his 1995 income-tax form, enabling the mogul to record a … Continue reading →

Posted in Atlantic City, Donald Trump, Harrah's, Macau, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Tilman Fertitta, Wall Street | 3 Comments