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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Wendover
Nevada’s mixed forecast; The mystery of the Playboy chips
Fueled by a record July at Reid International Airport, casinos on the Las Vegas Strip surged 8% in July, hitting $835 million. This was the highest single-month haul on the Strip ever, surpassing December 2022 by $20 million. Slot win … Continue reading
Posted in Boulder Strip, Donald Trump, Downtown, Genting, history, Lake Tahoe, Laughlin, Massachusetts, Mesquite, Neil Bluhm, New Jersey, North Las Vegas, Politics, Regulation, Reno, The Strip, Tribal, Wendover
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Strip flattens, locals fade; Analysts mixed on Boyd
While not as bad as Deutsche Bank expected (-8%), June revenues on the Las Vegas Strip of $727 million were a disappointment, down 1%. And May’s brief flurry of hope from Las Vegas locals players faded fast as their losses … Continue reading
Posted in Architecture, Aristocrat, Boulder Strip, Boyd Gaming, California, Downtown, Entertainment, FanDuel, Illinois, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Movies, North Las Vegas, Reno, Slot routes, Sports, Sports betting, The Strip, Tribal, Wall Street, Wendover
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Strip softens, locals don’t; Culinary coup; Fanatic-al frenzy
It had to happen sometime. But it’s strange that Las Vegas Strip gambling revenues would lose momentum in a month (May) in which visitation to Sin City rose 1.5% from last year. 3.5 million people hit town, sending hotel occupancies … Continue reading
Caesars satisfies; Knee-Jerlecki response; Press-ed out
Wall Street analysts rolled over and lit a cigarette after hearing Caesars Entertainment‘s first-quarter earnings call. J.P. Morgan analyst Joseph Greff said the results were pretty much as expected “with Las Vegas Strip upside more (way more) than offsetting a … Continue reading
Posted in Atlantic City, Bally, Conventions, Dining, Economy, Golden Nugget, Health, Indiana, Louisiana, Mesquite, MGM Resorts International, Missouri, Mohegan Sun, Nebraska, Ocean Resort, Ohio, Pahrump, Penn National, Reno, Sports betting, The Strip, Tourism, Transportation, Virginia, Wall Street, Wendover
3 Comments
Blame it on baccarat; Crime at Hard Rock; Dixie-dumb
The Great American Gambling Craze isn’t abating, although Las Vegas Strip revenues slipped 3% in March, down to $724.5 million. This was paradoxical, as it came in a month in which airline passenger loads into and out of Las Vegas … Continue reading
Posted in Atlantic City, Boulder Strip, Caesars Entertainment, Canada, Colony Capital, Dining, Donald Trump, Downtown, Entertainment, Environment, Golden Nugget, Hard Rock International, history, Illinois, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Macau, Mesquite, Mohegan Sun, Nevada, New Jersey, New York, North Las Vegas, Politics, Regulation, Reno, Rush Street Gaming, Sports, Sports betting, Taxes, Tennessee, The Strip, Tourism, Tribal, Wendover, WInd Creek
1 Comment
Vegas booming; Churchill Downs “messy”; Mega-Jottings
Nevada gambling winning catapulted 18% last month—yes, almost a 20% increase over post-Covid numbers (although January 2022 was dampened by Omicron). The good times just keep on rolling, to the tune of $1.2 billion. The Las Vegas Strip led the … Continue reading
Posted in Alabama, Aristocrat, Arizona, Atlantic City, Bally, Baseball, BetMGM, Boulder Strip, Century Casinos, Churchill Downs, Culinary Union, Downtown, DraftKings, Environment, Fontainebleau, Georgia, GLPI, Hard Rock International, Horseracing, Indiana, International, Internet gambling, Iowa, Lake Tahoe, Laughlin, Lotteries, Maverick Gaming, Mesquite, MGM Resorts International, Mohegan Sun, Movies, Nevada, New Hampshire, New York, North Carolina, North Las Vegas, Peninsula Pacific, Pennsylvania, Phil Ruffin, Politics, Reno, Resorts World LV, Rush Street Gaming, Slot routes, South Korea, Sports betting, Technology, The Rio, The Strip, Tribal, United Kingdom, Vici Properties, Virginia, Wall Street, Washington State, Wendover
1 Comment
Nevada closes 2022 roaring; Lombardo’s big blunder
Gambling grosses for last month have been tallied and it’s an understatement to say they’re boffo. Nevada casinos raked in $1.3 billion, a 14% leap over 2021. You can see why we think that—as it pertains to gaming—a recession is … Continue reading
Posted in Atlantic City, Bally, Boulder Strip, Boyd Gaming, CQ Holdings, Downtown, Entertainment, Foxwoods, Greenwood Racing, Internet gambling, Iowa, Lake Tahoe, Las Vegas Sands, Laughlin, Law enforcement, Macau, Maryland, Mesquite, MGM Resorts International, Nevada, Palms, Penn National, Regulation, Reno, The Strip, Tribal, United Kingdom, Wendover, William Hill, Wisconsin
3 Comments
Strip’s good times waning
A big touché to the uncredited wag at the Las Vegas Review-Journal who came up with today’s banner headline: CARR PARKED. Yes, the Las Vegas Raiders have had enough of underachieving QB Derek Carr and are benching him for long-shot … Continue reading
Posted in Boulder Strip, Downtown, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, Nevada, North Las Vegas, Reno, The Strip, Wendover
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Strip flattens, LV locals rebound; Hyatt’s Vegas Dream
That great Las Vegas recovery on the Strip suddenly flattened in October but new signs of vitality were evident in the local-gambler sphere. Las Vegas Strip casinos grossed $706 million, almost dead-even with the year before. Locals-derived win, meanwhile, surged … Continue reading
Posted in Bally, Boulder Strip, California, Chicago, Downtown, Gary Goett, International, Internet gambling, Lake Tahoe, Laughlin, LVCVA, Macau, Maryland, Massachusetts, Mesquite, North Las Vegas, Resorts World LV, Sports betting, The Strip, Transportation, Warner Gaming, Wendover
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Strip still booming, locals flat; Gambling with democracy
Nevada scored yet another $1 billion-plus month in September, up 8% from 2021. As you might expect, the Las Vegas Strip drove the big gain, booking $693 million in win, up 8%. Strip slot revenue was $409.5 million, a 17.5% … Continue reading
Strip buoyant, locals flat
Casinos on the Las Vegas Strip won $660 million last month, a 5% bump over last year, as business continues to trend well into 2023. (It was also up a whopping 27% over 2019.) Strip numbers also benefited—although locals ones … Continue reading
Posted in Boulder Strip, Gary Goett, Lake Tahoe, Laughlin, Mesquite, Nevada, North Las Vegas, Reno, The Strip, Wendover
3 Comments
Strip sizzles, locals chillier; The Macao trap
Gambling revenues on the Las Vegas Strip last month heated up dramatically, $735 million or +23% from the year previous. Unfortunately for Nevada, the good news pretty much ends there. Locals play continues to decline, with Downtown off 11.5% to … Continue reading
Posted in Atlantic City, Boulder Strip, Canada, China, Cosmopolitan, Downtown, Environment, Golden Nugget, Kazuo Okada, Lake Tahoe, Macau, Massachusetts, Mesquite, MGM Resorts International, Mohegan Sun, Nevada, North Las Vegas, Philippines, Politics, Regulation, Reno, Sports betting, The Strip, Wendover
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Strip carries Nevada; Atlantic City casinos play chicken
Nevada gambling revenues continued to climb in May, up 6% from last year, hitting $1.3 billion. The results were bifurcated, with tourist-dominated markets up and locals ones somewhat down. The Las Vegas Strip was the most obvious beneficiary, jumping 11.5% … Continue reading
Posted in Animals, Bally, Boulder Strip, Caesars Entertainment, California, Card rooms, Chicago, Churchill Downs, Downtown, Economy, Georgia, GLPI, Golden Nugget, Hard Rock International, Horseracing, Lake Tahoe, Laughlin, Law enforcement, Maryland, Mesquite, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Nevada, North Las Vegas, Ocean Resort, Real Estate, Regulation, Reno, Rhode Island, Sports betting, The Strip, Unite-Here, Wendover
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Windy City shakedown; Strip explodes, Palms reborn
$75 million or else. That’s extortionate Chicago Mayor Lori Lightfoot‘s latest demand of casino applicants. If you win the bid, fork over the cash. Her Dishonor might settle for ‘only’ $40 million on the barrelhead, followed up by a $2 … Continue reading
Posted in Bally, Boulder Strip, Boyd Gaming, Chicago, China, Downtown, Florida, Hard Rock International, Health, International, Lake Tahoe, Las Vegas Sands, Laughlin, Macau, Mesquite, Nevada, New York, North Las Vegas, Palms, Politics, Regulation, Reno, Rush Street Gaming, San Manuel Band of Mission Indians, Singapore, Station Casinos, Taxes, Texas, The Strip, Tourism, Wall Street, Wendover
1 Comment
Baccarat constrains Strip; Sports betting tsunami ahead
Withered baccarat numbers meant that the Las Vegas Strip had a muted February, only a percentage point above 2019. Players dropped $599 million (-44.5%) of which the house won just $62 million (-52%). That offset a bonny month at the … Continue reading
Posted in Boulder Strip, Caesars Entertainment, California, Colorado, Downtown, DraftKings, FanDuel, Indiana, Lake Tahoe, Laughlin, Marketing, Mesquite, North Carolina, Palms, Reno, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tourism, Transportation, Tribal, Wendover
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Mega-January on the Strip; Much ado about Caesars
January’s Nevada gambling-revenue numbers are out and the Silver State topped $1 billion yet again, a 41.5% boost over last year. However, some jurisdictions manifested slight declines, a sign that casino activity may be “normalizing” after a heated 2021. To … Continue reading
Posted in Animals, Arizona, Atlantic City, Bally, Baseball, Boulder Strip, Caesars Entertainment, Churchill Downs, Conventions, Dining, Downtown, Genting, Health, Internet gambling, Lake Tahoe, Laughlin, Louisiana, Marketing, Mesquite, Nevada, New Jersey, New York, North Las Vegas, Peninsula Pacific, Pennsylvania, Planet Hollywood, Politics, Reno, Singapore, Sports, Sports betting, Texas, The Strip, Tourism, Tribal, Wall Street, Wendover, Wisconsin
2 Comments
Strip sizzles in August
Casinos on the Las Vegas Strip grossed $626 million last month, 20% better than August 2019. Statewide, the jump was 22% to $1.65 billion but the real overachievers were locals casinos, leaping 41% (to $250 million) with a little help … Continue reading
Posted in Atlantic City, Boulder Strip, Century Casinos, Cretins, Dining, Downtown, G2E, Genting, Hard Rock International, Health, history, Indiana, International, Lake Tahoe, Laughlin, Macau, MGM Resorts International, Missouri, North Las Vegas, Palms, Reno, Sports, Sports betting, Technology, The Strip, Transportation, Tribal, Wendover
5 Comments