First, a quick election update. The apparent victory of Andy Beshear (D) in the Kentucky gubernatorial race bodes well for the expansion of gambling in the Bluegrass State, which Beshear favors. However, in Colorado, where Proposition DD—legalizing sports betting—was expected to pass easily, the race is too close to call. We hope to have a final result tomorrow morning.
is the most striking casino-hotel design since Marina Bay Sands, 
become increasingly competitive.” Both Encore Boston Harbor and MGM Springfield are looking at $100 million revenue-projection shortfalls, and Encore has been gobbling up some of Plainridge Park‘s business. The Massachusetts Gaming Commission‘s Enrique Zuniga seems to have grasped 
build a horse track and slots parlor. Never mind that the Lege pretty clearly spelled out its intent eight years ago when it authorized one slots parlor and three resort casinos, one of which remains unbuilt. Also, two different bands of Wampanoag Indians are waiting in the wings with casino projects of their own, also in the southeastern part of the state. Massachusetts wouldn’t need to authorize a fourth private-sector casino if lawmakers were to lift the 
announcing a slew of updates/capital projects which helped placate investors, especially those with a longer-term focus.” These include a 300-room hotel at the company’s eponymous racetrack and two ‘historical racing’ facilities, one at Turfway Park in Kentucky. Politzer ratcheted down his estimate for CHDN’s online wagering by 16%, to $63 million “but believe there could still be near-term earnings volatility relating to CHDN’s launching of its sports betting/iGaming business, as well as at TwinSpires, which is still seeing competition for high-volume/low margin players. Higher salaries and benefits (as well as property taxes) also led to the miss.
door to Citizens Bank Park (baseball) and close to Lincoln Financial Field
sweetheart lottery contract for International Game Technology, Smiley wrote to Twin River. “He asked me not to go scorched earth and oppose the deal,” according to casino Executive Vice President Marc Crisafulli, in a letter to lawmakers who are examining the controversial IGT deal. Smiley allegedly threatened Twin River with a regulatory probe if it publicly went against the contract. (Twin River did anyway.) “Mr. Smiley’s message was crystal clear: If Twin River opposed the IGT legislation, which was being introduced that day, we would suffer regulatory consequences with the state,” Crisafulli wrote.
for construction,” which is the first movement on the megaresort that we’ve seen in a long, long time. Completion is estimated to happen sometime in the second quarter of 2022. Baldwin, having overseen the development of CityCenter (and later, the Vdara Death Ray) is no stranger to inheriting other people’s problems. He’ll have his work cut out for him at The Drew, formerly the hopelessly dysfunctional Fontainebleau. No cost estimate for completion was given but it will run into the billions, one of the reasons F-blew was abandoned back during the Great Recession.
as [Station Casinos‘] LV Locals Core (i.e., ex. Palms) 2% top-line growth expectation,” wrote J.P. Morgan analyst Joseph Greff. The Strip’s buoyancy was driven by baccarat win, vaulting 56%. Slot win was up 7.5% on 2% higher coin-in. Looking ahead to the October report, it will be difficult for the Strip to repeat these numbers, seeing as 2018 saw 12% growth (but 11% less baccarat win). Non-baccarat table games were down 11% on 10.5% less betting, underscoring the importance of baccarat. Locals slot revenue rose 12% on 1% more coin-in and furthermore benefited from some end-of-August slot win being rolled into September.
surge reflecting the ramp-up of MGM Cotai surely with $80 million in revenue. Also, CityCenter may be sucking wind, judging by a 30% decline in “Managed Operations/Other.” Good as the Macanese numbers were, the were dwarfed by the Las Vegas Strip, good for $1.5 billion, a 4% gain. MGM Grand Detroit brought in $146 million, a 2% slip, Borgata was flat at $234.5 million and MGM National Harbor snared $206 million, up 5%. No year/year comparisons were available for MGM Springfield ($76 million), MGM Northfield Park ($64.5 million) or Yonkers Raceway ($52 million).
segments of CHDN business, although increased casino competition in Maine was one of the contributing factors. In terms of revenue, Churchill Downs achieved $306 million, higher than the Street’s expectation ($300 million). Not only are 2,500 “historical racing” machines planned for Turfway Park but 3,000 more will be divided between CHDN’s titular racetrack and nearby Derby City. In other news, $100 million in capex improvements are slated for Miami Valley Gaming in Ohio. Booming Rivers Casino Des Plaines contributed $20 million worth of cash flow. We’ll know more after CHDN execs hold their earnings call.
respondents who have not received training in biohazards said they clean biohazards.” The study targets Boulder Station, Green Valley Ranch, Palace Station and Palms Casino Resort, which happen to be—coincidence, yes?—casinos where union elections have been held. While we find a contention such as “Over half (53%) of respondents said they have experienced violence at work (physical, verbal, and/or emotional)—80% said that their supervisor was the source of the violence” cause for concern, we wonder if this is a case of selective outrage.
experiences and live events.” Note to Big Gaming: When it comes to sports betting, MGM is eating your lunch … The Cosmopolitan of Las Vegas‘ whales-only, Daun Curry-designed villa is getting the casino some good press. 
casino license 
attend the opening of an eyelid (Kim Kardashian). Hard Rock hopes to recreate the iconic architecture in Hokkaido, should it land a Japan casino concession. Said Hard Rock CEO Jim Allen, “My analogy has always been, everyone who trains for the Olympics wants to win the gold medal. But there’s nothing wrong with a silver or a bronze. We felt we has a better chance to plant our flag in Hokkaido than either Osaka or Tokyo, so we’ve spent a lot of time working with local government, vendors and communities.”-
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