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Category Archives: Wynn Resorts
Wynn cools Massachusetts; China: “Dance, monkey, dance!”
Casinos in Massachusetts mostly did well last month, especially by pre-pandemic standards (+24%). Unfortunately, none of that lift came from Encore Boston Harbor, which had a disappointing October, down 1% and grossing $62 million. By contrast, MGM Springfield (above) impressed … Continue reading
Posted in Atlantic City, Bally, Baseball, California, China, Galaxy Entertainment, Genting, Hard Rock International, Las Vegas Sands, Macau, Massachusetts, MGM Resorts International, Nevada, Ocean Resort, Ohio, Penn National, Politics, Regulation, Sports betting, Tribal, Wall Street, Wisconsin, Wynn Resorts
2 Comments
Wynn impresses; Curse of the Mummy’s Tomb; Culinary bombs
Wall Street analysts were across-the-board upbeat on Wynn Resorts‘ 3Q22 performance, as high-end casinos in Las Vegas continue to flourish. Although he categorized himself as “neutral,” given the evolving situation in Macao, analyst Joseph Greff of J.P. Morgan encapsulated third-quarter … Continue reading
Posted in Apollo Management, Boyd Gaming, Caesars Entertainment, California, Century Casinos, China, Culinary Union, Economy, Election, Failsinos, history, International, Internet gambling, Macau, Massachusetts, Mattress Mack, Missouri, New York, Penn National, Sheldon Adelson, Sports betting, Steve Wynn, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts
2 Comments
Election Special: Gaming, tribes lose big
Although only 41% of all precincts have reported, it’s clear that both tribal and private-sector gaming suffered a stunning defeat in California last night. Both the tribes’ Proposition 26 and Big Gaming’s Proposition 27 are losing—and by wider margins than … Continue reading
Station accentuates positives; Wynn gets richer, Adelson poorer
Do Station Casinos execs really want to double their footprint in seven years? Yesterday they reported flat 3Q22 revenues of $414.5 million, all but $3 million of which were Vegas-derived, unwittingly highlighting the company’s exposure to a single market. Company … Continue reading
Posted in Bally, Boulder Strip, Caesars Entertainment, California, Charity, Downtown, e-sports, Economy, Election, Galaxy Entertainment, Hard Rock International, International, Internet gambling, James Packer, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, New Jersey, Pansy Ho, Real Estate, Sports betting, Station Casinos, Steve Wynn, The Strip, Wall Street, World Series of Poker, Wynn Resorts
1 Comment
Upsurge in Louisiana; Stitt stiffed; Fubo Sportsbook folds
In a major reversal of fortune, Louisiana casino revenue vaulted 18.5% over September 2021. Foot traffic rose 41.5%, which more than made up for thriftier gamblers: On average they lost 16% less per player. It helped the year/year comparison that … Continue reading
Posted in Animals, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, DraftKings, Election, FanDuel, Louisiana, New York, Oklahoma, Palms, Penn National, San Manuel Band of Mission Indians, Scott Butera, Sports, Sports betting, The Strip, Tilman Fertitta, Tribal, Wynn Resorts
2 Comments
Atlantic City update; G2E convenes; Penn upgrades
Happy Indigenous Peoples Day, especially to our tribal readers. We’re spending it nursing a nasty case of strep throat and distantly following Global Gaming Expo, which convenes today at the newly expanded Las Vegas Convention Center. This year’s G2E, like … Continue reading
Posted in Atlantic City, Australia, Bally, BetMGM, Caesars Entertainment, Culinary Union, Dan Lee, Dining, DraftKings, FanDuel, G2E, Genting, GLPI, Golden Nugget, Health, Illinois, Kazuo Okada, Law enforcement, M Resort, Macau, MGM Resorts International, New York, Ocean Resort, Ohio, Penn National, Philippines, PointsBet, Regulation, Rush Street Gaming, Sports betting, Star Entertainment, Station Casinos, Taxes, Technology, Tilman Fertitta, Wall Street, Wynn Resorts
1 Comment
Killing spree on Strip; Tilman’s newest erection revealed
Alas, today’s top story is of the “If it bleeds, it leads” variety and is written out of sheer necessity, not desire. A thirty-something Latino man, Yoni Barrios, is in custody after going on a knife-wielding spree in front of … Continue reading
Posted in Bally, Caesars Entertainment, Canada, Chicago, Churchill Downs, Cordish Co., CQ Holdings, Florida, Golden Gaming, Indiana, Las Vegas Sands, Law enforcement, Louisiana, Maryland, Massachusetts, MGM Resorts International, Penn National, Sports betting, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts
9 Comments
Steve Wynn is so busted; Murder at Ocean Resort
Angry Florida man Steve Wynn will have to face the consequences of carrying the ChiComms’ water. Having spurned a settlement in the Justice Department’s lawsuit for failing to register as a foreign agent, he could very well find himself a … Continue reading
Voyage to Vegas, Part Two
Today we conclude our review of Deutsche Bank analyst Carlo Santarelli‘s recent field trip to Las Vegas. We resume with Station Casinos, which seems to be accelerating its development timetable. Once it gets Durango Station up and running, it will … Continue reading
Posted in Australia, Bally, Baseball, Caesars Entertainment, California, Canada, Economy, Golden Gaming, Las Vegas Sands, Laughlin, Macau, Maryland, Maverick Gaming, Melco Resorts & Entertainment, MGM Resorts International, Money laundering, Nevada, Phil Ruffin, Scientific Games, Slot routes, Sports betting, Station Casinos, The Strip, TV, Wall Street, Washington State, Wynn Resorts
3 Comments
Wynn: Make mine Manhattan; Votes for sale; Mega-Jottings
There will be at least one serious push for a casino in the heart of New York City, now that Wynn Resorts has thrown in with Related Cos. on “an exposed and sunken rail yard” that some see as a … Continue reading
Posted in Australia, Brothels, California, CQ Holdings, DraftKings, Entertainment, Genting, Georgia, Hawaii, Japan, Law enforcement, Louisiana, Macau, Marketing, MGM Resorts International, Nevada, New York, North Las Vegas, Palms, Pennsylvania, Politics, Slot routes, Star Entertainment, Technology, Tribal, Wall Street, Wynn Resorts, Wyoming
1 Comment