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- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
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- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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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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- Sibella scandal spreads; Supremes forestall Seminoles - 56,266 views
- You can’t fix stupid; Good-bad news on the bayou - 56,169 views
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- Pennsylvania soggy; Epic fail in North Carolina - 55,543 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,522 views
- Profit vs. investment on the Strip - 1,055,329 views
- Lame nag; Frissora overpaid? - 578,432 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,456 views
- That casino smell - 63,582 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,054 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,634 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,062 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,685 views
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Category Archives: Tourism
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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Derby Day a dud; Bank cools on Resorts World LV
Seems that Churchill Downs was blowing smoke up Wall Street‘s keister about how well a delayed, spectator-less Kentucky Derby would perform. Last weekend’s Run for the Roses saw betting handle of $79.5 million, down 49% from last year. All races … Continue reading
Posted in Churchill Downs, Dining, Donald Trump, DraftKings, Economy, Election, FanDuel, G2E, Genting, Hard Rock International, Health, Horseracing, Kentucky, Las Vegas Raiders, LVCVA, Macau, MGM Resorts International, Nevada, New York, Penn National, Rush Street Gaming, Security, Sheldon Adelson, Singapore, Sports, Sports betting, The Rio, The Strip, Tourism, TV, Wall Street
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Quote of the Day
“In February 2020, my estimation was that I might be able to start regional travel safely around October. Based on the global situation, I have revised this expectation to February 2021. Short intercontinental business travel will remain unrealistic and unpractical … Continue reading
MGM rushes where Caesars fears to tread; Cullotta croaks
“By the end of the year” is MGM Resorts International‘s new timeline for reopening Park MGM. Archrival Caesars Entertainment is proceeding somewhat more circumspectly with its casino reopenings. “Caesars will open its remaining Las Vegas properties in line with customer … Continue reading
Posted in Caesars Entertainment, China, Cirque du Soleil, Culinary Union, Dining, Donald Trump, Macau, Marketing, Melco Resorts & Entertainment, MGM Resorts International, Movies, North Las Vegas, Sheldon Adelson, Station Casinos, The Mob, The Strip, Tourism, Wall Street, Wynn Resorts
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Atlantic City impresses in July
It reopened in somewhat raggle-taggle fashion but Atlantic City is back and did rather better in July than Las Vegas in June (the last month for which we have data, see video below). Borgata made a very delayed re-entry into … Continue reading
Culinary booted from Boulder
We have obtained a memo on Boulder Station letterhead that reads, in part, “Yesterday [August 6] we learned that a majority of Culinary Team Members signed a petition saying they DO NOT wish to be represented by the Culinary Workers … Continue reading
Pinching pennies at Caesars; Glitters at Golden
Anthony Rodio‘s multi-million-dollar revamp of Bacchanal Buffet may well have been for naught. On yesterday’s earnings call the Tom Reeg administration floated the idea of closing all buffets at Caesars Entertainment properties. Expect comps to be sweated until they bleed … Continue reading
Posted in Arizona, Caesars Entertainment, Colorado, Dining, Donald Trump, Economy, Election, Florida, Golden Gaming, Hard Rock International, Health, International, Internet gambling, Louisiana, Marketing, Mississippi, Nevada, Penn National, Pennsylvania, Problem gambling, Seminole Tribe, The Strip, Tourism, Tribal, Wall Street, Wynn Resorts
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New hope for Station; Raider Nation exiled
Station Casinos reported second-quarter results yesterday and JP Morgan analyst Joseph Greff came away “encouraged” and “impressed.” He wrote of “less bad results in April and May and much better positive [cash flow] generation in June.” How so? In its … Continue reading
Chilly June in Las Vegas
June revenue on the Las Vegas Strip plunged 61% to $238 million. Locals revenue was down 28% (those stimulus checks only go so far). Statewide, it wasn’t quite so bad, off 46% to $567 million. Casinos reopened June 4, which … Continue reading
“Extreme” pessimism in Las Vegas; The D pisses for safety
Writing off the 2Q20 results as “less than relevant,” JP Morgan analyst Joseph Greff was guardedly optimistic about Las Vegas Sands, even though management’s conference call “shed little light on the path of recovery in Macau SAR, Singapore or Las … Continue reading
Encore Boston reopens and other good news
“It put a big smile on my face,” customer Marcia Hamilton said of Encore Boston Harbor‘s reopening last Sunday. We’ll have to take the smile on faith because employees and customers alike are required to wear PPE masks. Still, Encore … Continue reading
Canary in the coal mine
In Asian cultures, safety protocols like wearing a face mask are routine—they’ve dealt with viral outbreaks in the past, it’s not unusual,” gaming consultant Andrew Klebanow told Global Gaming News. And though Covid-19 cases spiked at 17,000 in Singapore, Klebanow’s … Continue reading
May’s cupboard empty
With Nevada casinos closed all May, gaming revenue was a ghost of its former self, down 99.5%, kept alive by mobile sports wagering and online poker. Silver State casinos grossed just under $6 million. Reno, Laughlin and Lake Tahoe all … Continue reading
Posted in Caesars Entertainment, Cirque du Soleil, Derek Stevens, Downtown, Economy, Eldorado Resorts, G2E, Hard Rock International, Health, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Louisiana, MGM Resorts International, Ohio, Phil Ruffin, Politics, Regulation, Reno, Technology, The Strip, Tilman Fertitta, Tourism, Transportation, Wall Street
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Death wish in Las Vegas
First, the good news. “Low and friendly.” Those are how room prices on the Las Vegas Strip are described. Resorts in Las Vegas opened to (restricted) capacity bookings and attendance. Since this is Vegas Lite, one in which fewer rooms … Continue reading
Posted in Architecture, Conventions, Cosmopolitan, Derek Stevens, Economy, Eldorado Resorts, Health, MGM Resorts International, Real Estate, The Strip, Tourism, Transportation, Wall Street
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Quote of the Day
“Stayed at the D on the 6th of June, was a little taken back by the lack of social distancing and crowded conditions. The D was doing temperature checks of everyone coming through the doors but unlike the other casinos … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Derek Stevens, Dining, Downtown, Downtown Grand, El Cortez, Golden Nugget, MGM Resorts International, Terry Caudill, The Strip, Tourism
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‘Net bets carry Atlantic City; Clubs face crisis
Internet casinos are in New Jersey to stay. They grossed $86 million last month, their highest amount ever. That’s 135% more than a year ago. Golden Nugget was tops with $29 million, followed by Resorts Digital ($18 million) and Borgata … Continue reading
Posted in Atlantic City, Caesars Entertainment, Carl Icahn, Downtown, DraftKings, Economy, Entertainment, Florida, Golden Nugget, Health, Horseracing, International, Internet gambling, Las Vegas Sands, LVCVA, MGM Resorts International, Mississippi, Morris Bailey, New Jersey, New York, Ohio, Resorts World LV, Seminole Tribe, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Wynn Resorts
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‘Net casinos boom; Indiana sports books struggle
Here is the kind of story American Gaming Association President Bill Miller doesn’t want us to write. Costa Rica-based PayPerHead software provider is quantifying the upsurge in Internet gambling that took off with Covid-19. Not only did online casinos benefit … Continue reading
Posted in AGA, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Indiana, International, Internet gambling, Marketing, Penn National, Sports, Sports betting, Technology, Tourism, Transportation
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“The calculus of reopening”
There seems to be a perception abroad in the land that, because Coronavirus is abating we’re out of the woods and can revert to pre-Covid-19 conduct. Reports of people wildly disregarding social distancing (now being downgraded to “appropriate distancing,” whatever … Continue reading
Posted in China, Current, Health, history, Horseracing, MGM Resorts International, New Jersey, Regulation, Security, Tourism
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MGM changes mind on Aria; No appetite for deals?
Having told its entire Aria staff to look for new jobs, MGM Resorts International finds itself in the position of saying, “Never mind.” In an interview last weekend, CEO Bill Hornbuckle floated the possibility of reopening Aria by July 4, followed … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, California, CityCenter, Conventions, Current, Derek Stevens, Dining, Downtown, Economy, Election, Entertainment, Hawaii, Health, Las Vegas Sands, Law enforcement, LVCVA, Marketing, Massachusetts, MGM Resorts International, Money laundering, Resort fees, Sahara, Singapore, Sports, Sports betting, Station Casinos, Terry Caudill, The Rio, The Strip, Tourism, Tribal, TV, Virginia, Wall Street
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