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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: William Hill
Louisiana chokes on smoking ban; Graham’s conversion
Gaming revenues were down 4% last month in Louisiana, mainly dragged under by the Baton Rouge market, plummeting 19%. Since the imposition of a smoking ban in Red Stick, casinos’ business has been 17% lower, a business catastrophe. Belle of … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Eldorado Resorts, GLPI, history, Louisiana, New Jersey, North Carolina, Penn National, Pennsylvania, Politics, Problem gambling, South Carolina, Tilman Fertitta, Tribal, William Hill
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Atlantic City rallies, Pennsylvania snoozes
Given that a certain amount of cannibalization was inevitable with the debuts of two new casinos on the Boardwalk, a 5% February decline in same-store gambling revenue has to considered a pretty good result. The market overall was up a … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Downs, Dan Gilbert, Detroit, Eldorado Resorts, Genting, Greenwood Racing, Hard Rock International, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Ocean Resort, Penn National, Pennsylvania, Racinos, Rush Street Gaming, Sports betting, Tilman Fertitta, William Hill
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Busy week for MGM; Adelson’s grim prognosis
Congratulations to MGM Resorts International on becoming the official casino sponsor of the Boston Red Sox (known around my house as “the Evil Empire”). I’m not sure how I feel about the MGM logo going up on the Green Monster, … Continue reading
Posted in Atlantic City, Baseball, Eldorado Resorts, history, Horseracing, Internet gambling, Japan, Las Vegas Sands, Laughlin, Massachusetts, MGM Resorts International, Michigan, Mississippi, Politics, Problem gambling, Real Estate, Regulation, Security, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Taxes, Technology, Tribal, Tropicana Entertainment, William Hill
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Business as usual
Ohio casinos grossed $155 million last month, a 5.5% increase. Hollywood Toledo was 2.5% to $16 million and Hollywood Columbus rose 3% to $19 million. Hollywood Dayton was also up 3% to $9 million. Hollywood Mahoning Valley leapt 7% to $10 … Continue reading
Posted in Ameristar, Animals, Boyd Gaming, Caesars Entertainment, California, Cantor Gaming, Churchill Downs, Dan Gilbert, Eldorado Resorts, Full House Resorts, Horseracing, Indiana, Japan, M Resort, Macau, Majestic Star, Massachusetts, MGM Resorts International, Movies, Ohio, Penn National, Regulation, Sports betting, The Strip, Wall Street, William Hill, Wynn Resorts
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Iowa weighs sports betting; Miller time
Iowa casinos and DFS would be the winners if a new bill, which just passed out of a Senate State Government Committee, becomes law. Casinos would be given the right to operate terrestrial, mobile and online sports betting, and DFS would … Continue reading
Posted in AGA, DFS, Downtown, Economy, Horseracing, Iowa, Massachusetts, MGM Resorts International, Oklahoma, Politics, Racinos, Regulation, Sexual misconduct, Sports, Sports betting, Taxes, The Mob, The Strip, Tribal, TV, William Hill, Wynn Resorts
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Louisiana: What happened?; Wynn wins historic victory
While most jurisdictions performed impressively last month, Louisiana was down 2.5%. How to account for the slippage? True, the drive-in driven Shreveport/Bossier City market was off 1.5%. But the real culprit was Baton Rouge, toppling 15.5% and ravaged by the new … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Dining, Eldorado Resorts, Environment, GLPI, Greenwood Racing, International, Las Vegas Sands, Louisiana, Macau, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Tilman Fertitta, Tourism, Vietnam, Wall Street, William Hill, Wynn Resorts
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Adelson sparks firestorm
When Bill Miller was appointed CEO of the American Gaming Association, we speculated that his relationship with Sheldon Adelson would be “less strained” than that of predecessor Geoff Freeman. Indeed, that already seems to be the case. It would account … Continue reading
Posted in AGA, Carl Icahn, Churchill Downs, Delaware, DFS, Eldorado Resorts, Florida, Geoff Freeman, Illinois, Internet gambling, Massachusetts, MGM Resorts International, Nevada, New Jersey, New York, Politics, Racinos, Regulation, Sheldon Adelson, Sports, Sports betting, Steve Wynn, Tropicana Entertainment, Wall Street, William Hill, Wynn Resorts
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Cuomo bets on sports; Resorts World LV disowns own designs
It looks as though New York State will split the baby on sports wagering: Casino-based betting in 2019, mobile wagering in 2022. Gov. Andrew Cuomo (D) has baked what Credit Suisse analyst Cameron McKnight calls “a small amount of sports … Continue reading
Posted in Architecture, Baseball, DFS, Genting, New Jersey, New York, Problem gambling, Sports betting, The Strip, Wall Street, William Hill, Wynn Resorts
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Caesars fights human trafficking; Modified rapture in Macao
“Victims of human trafficking, including those involved in the commercial sex industry, do not choose to participate. Rather, they are manipulated, brainwashed and forced based on unforeseen and, oftentimes, seemingly inescapable circumstances. We are deeply committed to eliminating sex trafficking and all … Continue reading
Massachusetts’ fate tied to Wynn’s
There’s light at the end of Wynn Resorts‘ tunnel in Massachusetts. Trouble is, it won’t arrive until December and it will take the form of an investigative report, nearly a year in the making, from the Massachusetts Gaming Commission (postponed … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Cordish Co., Greenwood Racing, Harrah's, history, International, Iowa, Massachusetts, MGM Resorts International, Nebraska, Pennsylvania, Pinnacle Entertainment, Regulation, Sexual misconduct, Sports, Sports betting, Steve Wynn, Tribal, William Hill, Wynn Resorts
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Adelson eats Wynn’s lunch; Thumbs up for Boyd
Credit Suisse analyst Cameron McKnight reports that Sands China is stealing Macao market share from Wynn Resorts. Renovated VIP rooms at Sands properties are credited with the shift in business. Also, Sands “stated that while its very confident of [concession] … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Downtown, Economy, Eldorado Resorts, Hard Rock International, Hawaii, Las Vegas Sands, Macau, Pennsylvania, Pinnacle Entertainment, Sports, Sports betting, Tamares Group, Tourism, Transportation, Wall Street, William Hill, Wynn Resorts
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