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Category Archives: West Virginia
Maryland down, Illinois up; NFL hypocrisy; Bally’s biz
Gaming industry bears are going to latch onto a 4% drop in Maryland gambling earnings as evidence of an impending recession. Thankfully, J.P. Morgan analyst Joseph Greff puts it in context by pointing out that the $174 million haul is … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., DraftKings, Election, Entertainment, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Illinois, Maryland, MGM Resorts International, Penn National, Politics, Sports, Sports betting, Station Casinos, Virginia, Wall Street, West Virginia
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Atlantic City blues
Atlantic City‘s first casino, Resorts Atlantic City, celebrated the 45th anniversary of legalized gambling on the Boardwalk in rather limp fashion. Highlights included a beachball drop and an appearance by Mayor Marty Small (D). Well, we suppose he’s got to … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, China, Dining, Entertainment, Golden Nugget, Hard Rock International, Law enforcement, Macau, Marijuana, Marketing, MGM Resorts International, Penn National, The Strip, West Virginia
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Atlantic City notes; MGM Singapore?; Mega-Jottings
Ocean Casino Resort has unveiled its pricey new sports book and our Atlantic City correspondent deems it nothing short of “spectacular! In the center is a circular bar, surrounded by TV screens. There is a set of steps (and elevator) … Continue reading
Posted in Arkansas, Atlantic City, Bally, Detroit, Dining, Entertainment, Genting, Golden Nugget, Hard Rock International, Illitch Family, Las Vegas Sands, Massachusetts, MGM Resorts International, Mohegan Sun, Nebraska, New York, Penn National, Racinos, Real Estate, Singapore, Sports betting, Technology, The Strip, Transportation, Tribal, Unite-Here, West Virginia, Wisconsin, Wynn Resorts
1 Comment
Atlantic City casinos avert crisis; Congressional absurdity
It was eyeball-to-eyeball and Big Gaming blinked. Faced with probable, heavy losses of business, Borgata—the casino with the most to lose—was first to come to terms with Local 54 of Unite-Here. Terms with most of the majors were reached an … Continue reading
Posted in AGA, Arizona, Atlantic City, Bally, Baseball, Caesars Entertainment, California, Carl Icahn, Chicago, Dining, DraftKings, Entertainment, GLPI, Hard Rock Hotel, International, Internet gambling, Las Vegas Sands, Law enforcement, MGM Resorts International, Ocean Resort, Politics, Real Estate, Rhode Island, Sports betting, The Strip, Tribal, Unite-Here, West Virginia
1 Comment
Atlantic City continues to rebound; Chicago casinos lose momentum; Mega-Jottings
Atlantic City casinos leapt 17% from March 2021, grossing $216.5 million. Except for Tropicana Atlantic City, which was flat at $19 million, almost everyone posted relatively impressive gains. Borgata‘s $55 million (+18%) predictably topped the market, while Hard Rock Atlantic … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, California, Card rooms, Charity, Chicago, Derek Stevens, Gary Goett, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, MGM Resorts International, Mississippi, Mohegan Sun, Money laundering, Neil Bluhm, Ocean Resort, Phil Ruffin, Politics, Problem gambling, Reno, Rush Street Gaming, Spectacle Entertainment, Sports betting, Technology, West Virginia
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Empire State greed; Brady betting brouhaha
Wow, inflation really is spiraling. When last we checked (i.e., yesterday), a New York City casino license was going for $500 million. However, if some state senators get their way, that not-inconsiderable price tag will rocket to $1 billion. According … Continue reading
Posted in Charity, Downtown, FanDuel, Genting, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, LVCVA, Marketing, MGM Resorts International, New Jersey, New York, Ocean Resort, Politics, Sports betting, Taxes, The Strip, Tony Hsieh, Transportation, West Virginia, Westgate LV, Wynn Resorts, Wyoming
1 Comment
MGM resurgent in Maryland; More Mega-Jottings
November was another terrific month for Maryland casinos, as revenues picked up a bit from October, accumulating 14% more than in November 2019.. (If inflation is so bad, where do Marylanders find all this money with which to gamble, one … Continue reading
Posted in Architecture, Atlantic City, Australia, Caesars Entertainment, California, Churchill Downs, Cordish Co., Crown Resorts, Economy, Election, Entertainment, Florida, Golden Gaming, Hard Rock International, Japan, Las Vegas Raiders, Las Vegas Sands, Louisiana, Macau, Maryland, MGM Resorts International, Mohegan Sun, Movies, Nevada, Penn National, Planet Hollywood, San Manuel Band of Mission Indians, South Korea, Sports, The Rio, The Strip, Virgin Hotels, Virginia, West Virginia, World Series of Poker, Wynn Resorts
4 Comments
Dream comes true; Recovery stays strong; DraftKings’ clock cleaned
If they can scrape together $500 million (which shouldn’t be a problem in this investment climate), developers David Daneshforooz and Bill Shopoff have the Clark County Commission‘s blessing to move forward with the Dream casino-hotel. Despite a raft of security … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., DraftKings, Economy, G2E, Golden Gaming, Hard Rock International, Health, history, Illinois, International, Jack Entertainment, Las Vegas Raiders, Maryland, MGM Resorts International, North Carolina, Ohio, Penn National, San Manuel Band of Mission Indians, Security, Sports betting, Station Casinos, The Strip, Tribal, Wall Street, West Virginia
1 Comment
Competitive vitality in Pennsylvania; The politics of casinos
Pennsylvania was late to the casino-recovery party but it’s finally arrived, up 1% in July over 2019 for a gross of $310 million, of which $223 million was won at the slots. The good news may be short-lived, in that … Continue reading
Posted in Alex Meruelo, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Card rooms, Centaur Gaming, Churchill Downs, Cordish Co., Derek Stevens, DraftKings, Economy, Entertainment, FanDuel, FoxBet, Greenwood Racing, Health, Indiana, Internet gambling, Japan, Law enforcement, Marketing, Michael Gaughan, Mohegan Sun, Nevada, Oklahoma, Oregon, Penn National, Pennsylvania, PointsBet, Politics, Regulation, Rush Street Gaming, South Korea, Spectacle Entertainment, Sports betting, Station Casinos, Tamares Group, Taxes, Texas, Tribal, TV, Wall Street, West Virginia, Wynn Resorts
1 Comment
Maryland heats up; Vegas restaurants rebound; Rivers is george
Casinos in the Free State jetted 13% above 2019 levels, grossing $172 million, a new record. MGM National Harbor led with $68.5 million (+16%) and 40% market share. Maryland Live was up 15% to $61.5 million for 35.5% market share, … Continue reading
Posted in Arizona, Caesars Entertainment, China, Churchill Downs, Colorado, Cordish Co., Cretins, Culinary Union, Dining, Economy, Golden Gaming, Health, Horseracing, Lotteries, Macau, Maryland, Massachusetts, MGM Resorts International, New York, Penn National, Pennsylvania, Resorts World LV, Rush Street Gaming, Tribal, Virgin Hotels, Wall Street, West Virginia, Wynn Resorts
2 Comments