Category Archives: Genting

Sibella scandal spreads; Supremes forestall Seminoles

Flinging Resorts World Las Vegas CEO Scott Sibella to the wolves might not have saved Genting Group‘s bacon—and may have inflicted collateral damage on MGM Resorts International. According to the New York Post, the Sibella revelations have upset the once-universal … Continue reading

Posted in Caesars Entertainment, Culinary Union, Florida, Fontainebleau, Genting, Law enforcement, MGM Resorts International, Money laundering, New York, Regulation, Resorts World LV, Seminole Tribe, Sports, Sports betting, The Strip, Wynn Resorts | 3 Comments

Atlantic City rebounds; Sibella dumped; NFL suspicions

Casinos in Atlantic City were up 2% in August, reaching $280 million. Slot winnings were 3% higher, on a commensurate increase in coin-in. The gambling halls weren’t so lucky at the tables, where 5% higher wagering translated into flat win. … Continue reading

Posted in Alaska, Animals, Atlantic City, Bally, BetMGM, Caesars Entertainment, DraftKings, Dubai, Fanatics, FanDuel, Genting, Golden Nugget, Hard Rock International, IGT, International, Internet gambling, Las Vegas Raiders, Law enforcement, MGM Resorts International, Mohegan Sun, Movies, Ocean Resort, Palms, Problem gambling, Regulation, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Mob, The Strip, Wall Street, Wynn Resorts | Comments Off on Atlantic City rebounds; Sibella dumped; NFL suspicions

On and off the radio

During this morning’s stint on KNPR-FM‘s State of Nevada, we were only able to cover a fraction of the scheduled questions. So we had the idea of answering here what was not asked there. Let’s take it away … Why … Continue reading

Posted in Alex Meruelo, Baseball, Boyd Gaming, Caesars Entertainment, China, CityCenter, Culinary Union, Dubai, Economy, Fontainebleau, Genting, Golden Gaming, Japan, Jim Murren, Las Vegas Sands, Louisiana, Macau, Marketing, MGM Resorts International, Mohegan Sun, Nevada, North Las Vegas, Palms, Phil Ruffin, Real Estate, Resorts World LV, Sahara, Singapore, South Korea, Sports, Station Casinos, Technology, The Strip, Vici Properties, Wall Street, Wynn Resorts | Comments Off on On and off the radio

Bally’s opens, Chicago yawns; MGM, tree murderers

Chicago‘s first casino opened to “dozens of people” Saturday. Only dozens? That’s not a good sign for Bally’s Corp. It’ll need to stir up a lot more excitement than that if it’s to make back its nut on $1.7 billion … Continue reading

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, CityCenter, DraftKings, Dubai, Environment, FanDuel, Genting, history, Japan, Jim Murren, Las Vegas Raiders, Mandalay Bay Massacre, Marketing, MGM Resorts International, Missouri, Nevada, New York, Penn National, Politics, Problem gambling, Regulation, Sports, Sports betting, Taxes, The Strip, Tourism, Transportation, Tribal, Virginia, Wall Street, Wynn Resorts | 2 Comments

Nevada’s mixed forecast; The mystery of the Playboy chips

Fueled by a record July at Reid International Airport, casinos on the Las Vegas Strip surged 8% in July, hitting $835 million. This was the highest single-month haul on the Strip ever, surpassing December 2022 by $20 million. Slot win … Continue reading

Posted in Boulder Strip, Donald Trump, Downtown, Genting, history, Lake Tahoe, Laughlin, Massachusetts, Mesquite, Neil Bluhm, New Jersey, North Las Vegas, Politics, Regulation, Reno, The Strip, Tribal, Wendover | Comments Off on Nevada’s mixed forecast; The mystery of the Playboy chips

Mega-Jottings for a Monday

What do to when there’s no news story that simply dominates the headlines? Bust out an extra-large serving of “Jottings,” of course! For instance, Resorts World Las Vegas should turn it around in the latter half of this year, even … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, Caesars Entertainment, Chicago, Cordish Co., ESPN Bet, Genting, Illinois, Internet gambling, Kentucky, Law enforcement, Louisiana, Massachusetts, Michigan, North Carolina, Politics, Racinos, Regulation, Resorts World LV, Singapore, Sports, Sports betting, The Strip, Wynn Resorts | Comments Off on Mega-Jottings for a Monday

Macao powers Wynn; Indiana down, Missouri flat

Sounding pleased with Wynn Resorts (“Upside across the board”), J.P. Morgan analyst Joseph Greff lauded its 2Q23 performance as “solid,” without budging from his “Overweight” rating or $142/share price target. That’s despite Wynn blowing past Greff’s cash-flow estimates for Macao, … Continue reading

Posted in AGA, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Dining, DraftKings, FanDuel, Full House Resorts, Genting, Hard Rock International, Health, Illinois, Indiana, Internet gambling, Macau, Massachusetts, MGM Resorts International, Missouri, New York, Penn National, PointsBet, Problem gambling, Rush Street Gaming, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on Macao powers Wynn; Indiana down, Missouri flat

F-blue, Rio approved; Indiana down again; Biden smoked

Fontainebleau owner Jeffrey Soffer and top exec Brett Mufson are certain to be approved after their audition for the Nevada Gaming Control Board. And why not? Aside from an ancient tax issue involving the Town Square mall, there’s nothing untoward … Continue reading

Posted in Animals, Architecture, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, DraftKings, Entertainment, Environment, FanDuel, Fontainebleau, Genting, Hard Rock International, Health, history, Indiana, International, Internet gambling, Kazuo Okada, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Movies, New York, North Carolina, Ocean Resort, Ohio, Penn National, Politics, Regulation, Resorts World LV, Seminole Tribe, Sports, Sports betting, Taxes, The Rio, Tribal, Virgin Hotels, Virginia, Wall Street, Washington State, Wynn Resorts | 4 Comments

Missouri buoyant; Caesars sees no evil; Saudis denied

Gambling revenues lifted Missouri‘s riverboats 2% last month, reaching $155 million. Actual visitor spend was flat but 2% more people visited casinos, which is a more-than-acceptable tradeoff. Despite a 1% dip, Ameristar St. Charles (above) was the state leader, grossing … Continue reading

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, DraftKings, FanDuel, Genting, Kansas, Law enforcement, LVCVA, Marketing, Massachusetts, Missouri, New York, Penn National, Phil Ruffin, PointsBet, Regulation, Rush Street Gaming, Sports, Sports betting, The Strip, Wynn Resorts | Comments Off on Missouri buoyant; Caesars sees no evil; Saudis denied

Michigan, Pennsylvania strong online; Mega-Jottings

Our vacation has taken us to the wilds of Michigan, so today’s report will start there. Detroit‘s three casinos raked in $105 million last month, a 1.5% decline from May of last year. But it was a terrific month for … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Cordish Co., Detroit, DraftKings, FanDuel, Florida, FoxBet, Genting, Greenwood Racing, Illitch Family, Internet gambling, Massachusetts, MGM Mirage, Michigan, Mohegan Sun, Nebraska, Penn National, Pennsylvania, PointsBet, Racinos, Real Estate, Rush Street Gaming, Sports betting, Tourism, Tribal, Virginia, WInd Creek, Wynn Resorts | Comments Off on Michigan, Pennsylvania strong online; Mega-Jottings

Indiana, Missouri down; Mega-Jottings

Indiana has joined the growing litany of states with disappointing May casino receipts. The statewide gross of $196.5 million represented a 7% drop-off from last year at this time. Only two casinos defied the trend. French Lick Resort leapt 14.5% … Continue reading

Posted in Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, Century Casinos, Downtown, DraftKings, Election, FanDuel, Full House Resorts, Galaxy Entertainment, Genting, Hard Rock International, Indiana, International, Kentucky, Marketing, Maryland, MGM Resorts International, Missouri, New York, Penn National, PointsBet, Regulation, San Manuel Band of Mission Indians, Sports betting, Star Entertainment, Tamares Group, Tribal, Virginia, Wall Street, Wynn Resorts | Comments Off on Indiana, Missouri down; Mega-Jottings

Wynn, Caesars jostle in New York City; Penis envy

With a rival Coney Island casino proposal TKO’d and Steve Cohen‘s Citi Field one on the ropes, Wynn Resorts is stepping up its push for getting the brass ring at Manhattan‘s Hudson Yards area, adjacent to the Javits Center. A … Continue reading

Posted in Alabama, Architecture, Arizona, Atlantic City, Australia, Bally, Boyd Gaming, Caesars Entertainment, Charity, China, CityCenter, Crown Resorts, Culinary Union, Diversity, Genting, Health, James Packer, Las Vegas Sands, Law enforcement, Louisiana, Macau, Marketing, Maverick Gaming, MGM Resorts International, Michigan, Mohegan Sun, Money laundering, New York, Ohio, Politics, Regulation, Reno, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wynn Resorts | 3 Comments

Massachusetts up, Indiana, Louisiana down; Miller’s folly

Gambling revenues nudged upward a bit in Massachusetts, rising 2% from a year earlier. April’s numbers had Encore Boston Harbor far in the lead with $64 million but flat year/year. MGM Springfield (shown) had quite a good month, up 5% … Continue reading

Posted in AGA, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, CQ Holdings, Culinary Union, DraftKings, Entertainment, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Health, Indiana, International, Internet gambling, Law enforcement, Louisiana, Massachusetts, MGM Resorts International, New York, Penn National, PointsBet, Rush Street Gaming, Sports betting, Station Casinos, The Strip, Tribal, United Kingdom, Wynn Resorts | Comments Off on Massachusetts up, Indiana, Louisiana down; Miller’s folly

Bally’s bombs twice over; Buffets (bad ones) return

What passes for entertainment at Bally’s Atlantic City continues to go over like a lead balloon with our man on the Boardwalk. Underwhelmed by the big second-quarter, tentpole event—a former Billy Joel backup singer—he notes acidly that nothing else is … Continue reading

Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, Canada, Chicago, Dining, DraftKings, Economy, Entertainment, FanDuel, Genting, Golden Nugget, Macau, Money laundering, New York, PointsBet, Regulation, Rush Street Gaming, Sports betting, Virginia, Wall Street, Wynn Resorts | 2 Comments

Atlantic City still up; Full House fuels diners; Japan payday?

Casino revenues were outstripped in New Jersey in March by i-gaming ones, $228.5 million to $253 million. But Atlantic City continued to be healthy, up 5.5%. Slot winnings were 1% higher on flat coin-in but table games did 7% better … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Dining, DraftKings, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Illinois, Internet gambling, Japan, MGM Resorts International, Mohegan Sun, New Jersey, New York, North Dakota, Ocean Resort, PointsBet, Politics, Rush Street Gaming, Shuffle Master, Singapore, Sports, Sports betting, Tribal, United Kingdom, Wall Street, Washington State, William Hill, Wynn Resorts | 1 Comment

Control Board buffoonery; Super-Mega-Jottings

Well, it didn’t take Nevada Gaming Control Board member George Assad long to stick his foot in it. No sooner had we prophetically called him a regulatory “doofus” than news surfaced of some most-unbecoming conduct during an NGCB hearing. Specifically, … Continue reading

Posted in Bally, BetMGM, Caesars Entertainment, Canada, Chicago, Cordish Co., Cretins, Detroit, Diversity, Downtown Grand, DraftKings, FanDuel, Genting, Hard Rock International, Health, history, Illinois, Japan, Jim Murren, Kansas, Kentucky, Las Vegas Sands, Louisiana, Macau, Massachusetts, MGM Resorts International, Missouri, Nevada, New York, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports betting, Station Casinos, Steve Wynn, Taxes, Technology, Texas, Wall Street, Wynn Resorts | 2 Comments

Caesars meets The Street; NYC shuffle; Shreveport switcheroo

Caesars Entertainment CEO Tom Reeg and Senior Vice President of Corporate Finance Brian Agnew just sat down with Deutsche Bank analyst Carlo Santarelli, who came away sufficiently impressed with the Roman Empire to maintain a “Buy” rating on CZR. Santarelli … Continue reading

Posted in Bally, Barstool Sports, Caesars Entertainment, Cantor Gaming, Churchill Downs, Conventions, Cordish Co., Donald Trump, Failsinos, Genting, Golden Gaming, Hard Rock International, International, Las Vegas Sands, Louisiana, Marketing, Maryland, MGM Resorts International, Nevada, New York, Penn National, Regulation, Sports, Sports betting, The Strip, TV, Wall Street, West Virginia, Wynn Resorts | 5 Comments

Gambling revenues still looking up; Mega-Jottings

Maryland aside, gambling revenues continue to trend upward. Even in Iowa, where they nudged only 1% higher from last year (undoubtedly due to new competition from Nebraska) but were high heavens (+38%) over 2019, aka the good old days. Indiana’s … Continue reading

Posted in Arizona, Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Cretins, DFS, DraftKings, FanDuel, Full House Resorts, Genting, Georgia, Golden Nugget, Hard Rock International, Indiana, Iowa, Marketing, Massachusetts, Missouri, Movies, New York, Penn National, Politics, Reno, Sports betting, Tribal, United Kingdom, Wynn Resorts | Comments Off on Gambling revenues still looking up; Mega-Jottings

Big Bally’s shakeup; Smoking swatted; Mega-Jottings

Back on Jan. 25, we wrote that Bally’s Corp. CEO Lee Fenton was “possibly laying the groundwork for his own exit,” when he said, The pandemic boosted our business and we continued to hire at full pelt. I now can … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Cretins, DFS, Dining, Donald Trump, DraftKings, FanDuel, Genting, Health, Horseracing, International, Internet gambling, Lake Tahoe, Massachusetts, MGM Resorts International, Minnesota, Mohegan Sun, New Jersey, New York, Penn National, PointsBet, Politics, Real Estate, Regulation, Rhode Island, Rush Street Gaming, South Korea, Sports, Sports betting, The Strip, Tourism, Tribal, TV, United Kingdom, Vici Properties, Virginia, Wall Street, Wynn Resorts | Comments Off on Big Bally’s shakeup; Smoking swatted; Mega-Jottings

Indiana dims; Sands: Make mine Nassau; Mega-Jottings

Gaming revenues dipped last month in Indiana, achieving $204 million, a 3.5% year/year decline. Hard Rock Northern Indiana ($34 million, +4%) continues to ransack its competitors. Horseshoe Hammond was closest, grossing $26 million but down 13.5%, while Ameristar East Chicago … Continue reading

Posted in Animals, Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Culinary Union, Dining, DraftKings, FanDuel, Fontainebleau, Full House Resorts, Genting, Greenwood Racing, Hard Rock International, Illinois, Indiana, International, Internet gambling, Las Vegas Sands, Louisiana, New York, Penn National, Pennsylvania, PointsBet, Politics, Resorts World LV, Rush Street Gaming, Sports betting, Texas, Wall Street | 1 Comment