“From April 2016 to today, we always struggled with Phase 2 of Paradise Park. How are we going to make a room tower in a town with a lot of rooms pencil along with a lagoon? We weren’t really interested in building a large public swimming pool for the Las Vegas Strip. So we just decided, ‘Let’s go with Phase 1.’ We know the convention center is going to work.” — Wynn Resorts CEO Matt Maddox, on the abandonment of Paradise Park.
around at Grand Victoria, which was up 2% ($13 million). Rivers Casino, coveted by Churchill Downs, also had a strong month, grossing almost $38 million for a 4% gain. Penn National Gaming lost ground both at Empress Joliet ($9 million, -3.5%) and Hollywood Aurora fell 9% to $9 million. Harrah’s Joliet slipped 6% but still grossed $14 million, second-best in the state. Further south, Par-A-Dice dipped 4% to $6 million, Harrah’s Metropolis was down 2.5% to $6 million and Casino Rock Island was 5% off its feed to $5 million. In the St. Louis area, Argosy Belle tumbled 10% to $3.5 million and Casino Queen slipped 4% to $7.5 million.
highly astute. Since El Steve’s big sale WYNN has fallen 40% 
former company. Having torn up its golf course, Wynncore is bringing Fazio aboard to restore Wynn Golf Club to its former, 18-hole glory. CEO Matt Maddox wanted something on the backside of Wynncore that conveyed “luxury” and what better way to do that than a golf course that costs you $500 a round to play. Had Steve Wynn’s theme-park concept survived him, we could have been looking at a tacky agglomeration that Scott Roeben catalogues as follows: “(water skiing, paddle boarding and parasailing), but also bumper cars, a boardwalk, carousel, ziplines, a nightly Carnivale parade (with a dozen 30-foot floats) with fireworks and even an eight-foot [sic] King Kong.” Not to mention 
musical chairs is completed by elevating tribal member Edward Aguilar to general manager. The latter’s held numerous positions within Seminole Gaming, including regulatory experience, and must find his new duties a long way from his undergraduate degree (culinary arts). But the coup of coups was wooing David Hoenemeyer away from Caesars Entertainment and installing him as corporate COO. Hoenemeyer’s experience includes multiple Atlantic City postings, so he should bring helpful insight on that market, where Hard Rock Atlantic City isn’t doing quite as well as expected, hence the Lupo promotion.
mounted an aggressive campaign if we had the money, but people didn’t step up and provide the money.” Gov. Asa Hutchinson (R, pictured) also pouted, saying, “I did not support this initiative, and I continue to have great concern over the immediate and negative impact on the state’s budget,” referring to the $86 million less the state stands to collect from a reduction in the tax rate on gambling win. “But the people have spoken, and I respect their will,” Hutchinson continued gloomily, adding, “Time will tell as to what this means for our state, and it remains to be seen as to whether the communities affected will consent to the gambling initiative.”
Chiefs blew out the lowly Browns by twice that number. “We were pretty much done at that point. Disaster,” MGM Resorts International sports book boss Jay Rood told ESPN. “Bad. Really bad. We won one key decision today,” added Caesars Entertainment‘s chief of risk operations, Jeff Davis. Looking for a bright spot, Station Casinos‘ Jason McCormick reached for the Miami Dolphins‘ win, since it had the least amount of handle riding on the outcome.
holding our representatives accountable and — especially in the case of constitutional amendments — bringing about change. The people in far too many countries around the world don’t have this right — but we do and we have an obligation to our descendants to employ it. So whether you’ve agreed with S&G‘s paltry election endorsements or not, and whatever your political stripe, get out there and vote. Regardless of the outcome it will make you feel far better on Wednesday than if you sat on the sidelines and had nothing to show for it but regret. So pull that lever, stat! (And if anybody gives you the business, call 1-866-OUR-VOTE. That’s 1-866-687-8683.)
a pretty penny: 11.25X cash flow (the industry average is 7-8X), which implies an impressive $129 annual cash flow for the casino, Illinois’ most successful. Closer to home, Churchill Downs has the option of adding 1,100 historical-racing machines, in addition to the 900 it has at Derby City. Customers aren’t entirely sold on HRMs as an alternative to slot machines. Derby City does $138/win/VLT/day compared to a gangbusters $328/win/slot/day at Horseshoe Southern Indiana. Wrote Politzer, “We believe aggressively the property is being marketed fairly aggressively though is seeing incremental traffic from its ‘You Play, We Pay’ promotion (it was quite busy when we were there). Management noted it has been a challenge to 
debt load has 
fined Affinity’s Mark Twain Casino $50,000 for repeated incidences of cheating while the table games department “knew, or strongly suspected, the activity was occurring, but said nothing.” According to the MGC, casino staff was “aiding others in cheating, lack of table game supervisions, and failing to report such violations.” Mark Twain, upon learning of the MGC probe, sacked three of the individuals involved, who were also arrested on related indictments. 
Covered Capital was clearly eager to be shot of what it -
Recent Posts
- You can’t fix stupid; Good-bad news on the bayou
- If you can’t beat ’em, cheat ’em; Fun & games
- Pennsylvania soggy; Epic fail in North Carolina
- Sibella scandal spreads; Supremes forestall Seminoles
- Atlantic City rebounds; Sibella dumped; NFL suspicions
- MGM limping back; Atlantic City follies; Wall Street Jottings
- On and off the radio
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- MGM paralyzed; DraftKings debacle; Mount Airy wins
- Bally’s opens, Chicago yawns; MGM, tree murderers
Categories
@Stiffs_Georges
Error: Invalid or expired token.-
Archives
Recent Comments
- Alice Eskandari on Durango Station, slightly downsized
- David McKee on You can’t fix stupid; Good-bad news on the bayou
- American Gaming Guru on You can’t fix stupid; Good-bad news on the bayou
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- ACGambler on MGM limping back; Atlantic City follies; Wall Street Jottings
- Bob on Bally’s opens, Chicago yawns; MGM, tree murderers
Views
- Sibella scandal spreads; Supremes forestall Seminoles - 56,375 views
- You can’t fix stupid; Good-bad news on the bayou - 56,275 views
- If you can’t beat ’em, cheat ’em; Fun & games - 54,694 views
- Pennsylvania soggy; Epic fail in North Carolina - 55,627 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 55,607 views
- Profit vs. investment on the Strip - 1,055,349 views
- Lame nag; Frissora overpaid? - 578,482 views
- The evils of bingo; Wynn’s Aqueduct exit - 90,478 views
- That casino smell - 63,603 views
- Bally’s opens, Chicago yawns; MGM, tree murderers - 58,160 views
- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi - 57,747 views
- MGM paralyzed; DraftKings debacle; Mount Airy wins - 57,153 views
- MGM limping back; Atlantic City follies; Wall Street Jottings - 56,790 views
Blogroll
Admin.