{"id":25083,"date":"2019-10-11T09:18:22","date_gmt":"2019-10-11T17:18:22","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=25083"},"modified":"2019-10-11T09:18:22","modified_gmt":"2019-10-11T17:18:22","slug":"big-hoosier-handle-caudill-empire-expands","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/big-hoosier-handle-caudill-empire-expands\/","title":{"rendered":"Big Hoosier handle; Caudill empire expands"},"content":{"rendered":"

Indiana<\/strong> sports books generated $35 million in handle last month, translating to $8.5 million in revenue, taxed at 9.5%. “Indiana’s sportsbooks are in their infancy, but their ability to \"\"capitalize on the Chicago<\/strong> market did not take long to produce dividends,” said Dustin Gouker<\/strong>, lead analyst for PlayIndiana.com<\/strong>. “This is the largest handle we’ve seen in a state’s first month of legal sports betting, and it happened without the benefit of online sports betting, which didn’t launch until October. Participating casinos were Horseshoe Hammond<\/strong> ($2 million in revenue), Ameristar East Chicago<\/strong> ($1 million and change), Hollywood Lawrenceburg<\/strong> ($1 million-plus) and Harrah’s Hoosier Park<\/strong> ($1 million-plus). Blue Chip<\/strong>, Indiana Grand<\/strong>, Tropicana Evansville<\/strong>, Caesars Southern Indiana<\/strong>, Belterra<\/strong> and French Lick Resort<\/strong>\u2014listed in descending order\u2014mostly posted handsome handle but failed to crack the $1 million mark in revenue.<\/p>\n

* Terry Caudill<\/strong> has bought<\/a> Backstage Bar & Billiards<\/strong>, which occupies the former Sears<\/strong> building and comes with an acre of surface parking across from the El Cortez<\/strong>. Caudill is not going to be just another landlord. Vegas Eater<\/em> reports that the site\u00a0“might become a mixed-use tower with hotel and residential units, retail space, entertainment, restaurant facilities, bar facilities, and more.”\u00a0That’s a large vote of confidence in Downtown<\/strong>‘s future.<\/p>\n

* No more coin change at the TITO machines at Wynncore<\/strong>. You can either donate the money to charity or ask for it at the cashier’s cage. This is an annoying idea that Wynn Resorts<\/strong> test-flew at Encore Boston Harbor<\/strong> before bringing it to the Strip.<\/p>\n

* The Golden Gate<\/strong> is making a play for the Northern California<\/strong> crowd. Through Oct. 15 it’s discounting any available room 25%, offering half-priced drinks all day and giving two tickets to a show of your choice at The D<\/strong>. Gather ye rosebuds, NoCal denizens, while yet ye may.<\/p>\n

* Red Rock Country Club<\/strong> thinks it’s back in the Fifties. After a tight-assed club member complained about tennis instructor Carmel Hill<\/strong> having a biracial child, Hill got the sack. She’s already racked up one victory against the troglodytic country club before the Nevada Equal Rights Commission<\/strong>. Now she’s suing in federal court and if the club isn’t regretting its actions already, it should.<\/p>\n

* On a happier note, they’re shattering the glass ceiling at the American Gaming Association<\/strong>. Four new executive hires have \"\"been announced and they’re all women. Cait DeBaun<\/strong>\u00a0(right<\/em>) will be senior director of strategic communications, Jessica Fell<\/strong> is the new senior director of government relations (a key position at the AGA), Meredith Pallante<\/strong> will be senior director of events and Gabrielle Voorhees<\/strong> is senior director of finance. DeBaun and Voorhees also come from outside the gaming industry, which should ensure some fresh thinking at AGA HQ.<\/p>\n

* Wayne F. Newton<\/strong> continues to be great for real estate values. His old Casa de Shenandoah<\/strong> just changed hands for $10.5 million. That works out to $292,500 an acre.<\/p>\n

* Mob Museum<\/strong>-branded moonshine will soon be available for purchase in Las Vegas<\/strong> liquor stores. Be warned it’s mighty strong stuff, or so I’ve read.<\/p>\n","protected":false},"excerpt":{"rendered":"

Indiana sports books generated $35 million in handle last month, translating to $8.5 million in revenue, taxed at 9.5%. “Indiana’s sportsbooks are in their infancy, but their ability to capitalize on the Chicago market did not take long to produce … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[249,60,244,155,268,51,270,199,58,68,112,69,254,243,31,8,161,87,9,138,233],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/25083"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=25083"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/25083\/revisions"}],"predecessor-version":[{"id":25085,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/25083\/revisions\/25085"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=25083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=25083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=25083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}