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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Mesquite
Mega-January on the Strip; Much ado about Caesars
January’s Nevada gambling-revenue numbers are out and the Silver State topped $1 billion yet again, a 41.5% boost over last year. However, some jurisdictions manifested slight declines, a sign that casino activity may be “normalizing” after a heated 2021. To … Continue reading
Posted in Animals, Arizona, Atlantic City, Bally, Baseball, Boulder Strip, Caesars Entertainment, Churchill Downs, Conventions, Dining, Downtown, Genting, Health, Internet gambling, Lake Tahoe, Laughlin, Louisiana, Marketing, Mesquite, Nevada, New Jersey, New York, North Las Vegas, Peninsula Pacific, Pennsylvania, Planet Hollywood, Politics, Reno, Singapore, Sports, Sports betting, Texas, The Strip, Tourism, Tribal, Wall Street, Wendover, Wisconsin
2 Comments
Merry month of May in Las Vegas; Beehive of activity in Atlantic City
May’s gaming revenues from Nevada are in and they are blockbuster. When the Strip is 26% higher than 2019 (winning $655.5 million) and locals play is 25% stronger it is fair to say the recovery has been achieved—and far sooner … Continue reading
Posted in Atlantic City, Boulder Strip, Caesars Entertainment, Carl Icahn, Connecticut, Cretins, Diversity, Downtown, Economy, Health, history, Internet gambling, Lake Tahoe, Laughlin, Marijuana, Mesquite, Michael Gaughan, Mohegan Sun, Nevada, North Las Vegas, Reno, Sports betting, The Strip, Wendover
4 Comments
Strip returns to form; Caesars nixes buffets, free play
Last month Nevada raced ahead of 2019 gambling-revenue benchmarks, up 11% to just over $1 billion. Locals-derived winnings ($245 million) jumped 18%, despite operating at 80% capacity. (Locals casinos saw 15% higher slot win 18% greater handle and 35.5% more … Continue reading
Posted in Australia, Boulder Strip, Caesars Entertainment, Connecticut, Crown Resorts, DFS, Dining, Donald Trump, Downtown, Economy, Election, Foxwoods, G2E, Health, Internet gambling, Lake Tahoe, Laughlin, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Resorts & Entertainment, Mesquite, Mississippi, Mohegan Sun, Nevada, North Las Vegas, Regulation, Reno, Sports betting, Stanley Ho, Station Casinos, Taxes, The Strip, Tilman Fertitta, Wendover
1 Comment
Strip sux but locals steadfast; Virgin LV loses its virginity
Things simply have to get better on the Las Vegas Strip. Not even a Feb. 15 capacity increase saved some casinos from perdition. Let’s hope February represented a bottoming-out of gaming revenues, as tourists starting flocking back this month. Strip … Continue reading
Posted in Architecture, Boulder Strip, Boyd Gaming, Caesars Entertainment, California, Dining, Downtown Grand, Economy, Entertainment, Illinois, Internet gambling, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, MGM Resorts International, Michigan, North Las Vegas, Penn National, Pennsylvania, PokerStars, Regulation, Reno, Technology, The Strip, Virgin Hotels, Wendover
1 Comment
Vegas locals strong, Strip stinks; Economic boom foreseen
Even with $600 extra in their pockets, gamblers could not be lured back to the Las Vegas Strip last month. Strip revenues of $321.5 million represented a 44% implosion from 2020. Statewide, the falloff was 26.5% to $762 million. Once … Continue reading
Posted in AGA, Atlantic City, Boulder Strip, Caesars Entertainment, Carl Icahn, Churchill Downs, Cordish Co., Derek Stevens, Dining, Downtown, Economy, Election, Health, history, Horseracing, Illinois, International, Kentucky, Lake Tahoe, Laughlin, Maryland, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Pennsylvania, Reno, Security, Sports, Sports betting, Tennessee, The Strip, Tourism, Transportation, Wall Street, Wendover
3 Comments
Las Vegas recovery: A definite maybe; Woe at Sands
First, the bad news. Las Vegas emerged from a December that was just plain awful, as discretionary income continues to dry up. Las Vegas Strip win plummeted 51% to $292 million. Statewide, gambling revenue toppled 35.5% for $684 million, an … Continue reading
Posted in AGA, Alex Yemenidjian, Arizona, Boulder Strip, Caesars Entertainment, California, China, Conventions, Derek Stevens, Downtown, Economy, Health, Internet gambling, Japan, Lake Tahoe, Las Vegas Sands, Laughlin, LVCVA, Macau, Melco Resorts & Entertainment, Mesquite, Mohegan Sun, New York, North Las Vegas, Reno, Sheldon Adelson, Singapore, South Korea, Sports betting, Texas, The Strip, Tilman Fertitta, Tourism, Wall Street, Wendover, Wynn Resorts
3 Comments
Circa debut boosts Downtown; Lots of moving, shaking predicted for ’21
Although casinos across the nation have been swooning in November, results in Nevada—which we feared would take it worse than average—were in line with national trends, a victory of sorts. Statewide, gaming win fell 18% and the Las Vegas Strip, … Continue reading
Posted in Boulder Strip, Boyd Gaming, Caesars Entertainment, Cirque du Soleil, Derek Stevens, Dotty's, Downtown, Economy, Failsinos, Fontainebleau, GLPI, Internet gambling, Lake Tahoe, Las Vegas Sands, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Palms, Planet Hollywood, Regulation, Reno, Resorts World LV, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Station Casinos, The Rio, The Strip, Virgin Hotels, Wendover, William Hill
2 Comments
A tale of two Nevadas
October was a tale of two Nevadas, one of which (the north) did quite well whilst the other did not. Gaming revenue statewide was down 19.5%, with the Las Vegas Strip acting as a drag anchor, minus 30% at $375 … Continue reading
Posted in Atlantic City, Australia, Boulder Strip, Caesars Entertainment, Crown Resorts, Downtown, Economy, Elaine Wynn, Entertainment, Golden Gaming, Health, Lake Tahoe, Las Vegas Raiders, Laughlin, Mesquite, Nevada, North Las Vegas, Palms, Real Estate, Reno, Resorts World LV, Sports, Sports betting, Station Casinos, Technology, The Strip, Wendover, Westgate LV, Wynn Resorts
4 Comments
Strip drags down Nevada; Station, MGM upgraded
Gambling revenue in September on the Las Vegas Strip plunged 39% to $355 million, driving the worst of a 22% decline in Nevada win. By contrast, Reno and Lake Tahoe were beacons of hope, up 3.5% and 36% respectively. Downtown … Continue reading
Posted in Boulder Strip, Colorado, Cretins, Downtown, DraftKings, Economy, Indiana, Lake Tahoe, Laughlin, Law enforcement, Mesquite, MGM Resorts International, Nevada, New Jersey, North Las Vegas, Reno, Sports betting, The Strip, Wall Street, Wendover
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Strip lags Nevada
Silver State gaming revenues were down 22% last month, largely retarded by the Las Vegas Strip (-39%), while locals revenues showed remarkable strength, rising 10%—particularly impressive given the high level of unemployment in Nevada. The statewide gross was $743 million: … Continue reading
Posted in Boulder Strip, Boyd Gaming, Derek Stevens, Downtown, Economy, Lake Tahoe, Mesquite, MGM Resorts International, Mississippi, Nevada, North Las Vegas, Reno, Station Casinos, The Strip, Wall Street, Wendover
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Locals salvage Nevada results; Prez betting odds tighten
July revenue numbers are in for Nevada (-26% statewide) and the Strip is expectedly poor, down 39% ($330 million) and locals play is unexpectedly strong, off only 8% from last year. The statewide gross was $757 million and locals slot … Continue reading
Posted in Boulder Strip, Boyd Gaming, Conventions, Downtown, Economy, Election, Health, Lake Tahoe, Laughlin, Mesquite, Pennsylvania, Reno, Security, Station Casinos, Technology, The Strip, Wall Street, Wendover
Comments Off on Locals salvage Nevada results; Prez betting odds tighten
Chilly June in Las Vegas
June revenue on the Las Vegas Strip plunged 61% to $238 million. Locals revenue was down 28% (those stimulus checks only go so far). Statewide, it wasn’t quite so bad, off 46% to $567 million. Casinos reopened June 4, which … Continue reading
Casino recovery still mild; Recession: The Sequel
Casinos that have reopened in Las Vegas, Louisiana and Mississippi are seeing fewer customers—but higher value ones. That’s the bottom line of a new report from JP Morgan analyst Joseph Greff, who cites data tracked by Visitdata.org. Foot traffic is … Continue reading
Colorado sports betting a hit; REIT bides its time
Sports betting came out of the gate strong in Colorado. One of the surprises was the amount of handle on the Los Angeles Lakers. Said DraftKings odds guru Johnny Avello, “One of the things I did find interesting was the Lakers … Continue reading
Posted in Baseball, Boyd Gaming, Colorado, DraftKings, e-sports, Eldorado Resorts, FanDuel, GLPI, Health, Horseracing, Illinois, Louisiana, Maryland, Mesquite, Pinnacle Entertainment, Sports, Sports betting, Wall Street
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Strip clocked, locals stronger; Montana reopens first
Nevada casinos won $618 million in a Covid-19-truncated March, with the Las Vegas Strip leading the plunge with a 46% fall to $300 million. Las Vegas locals play was remarkably strong under the circumstances, down only 20.5%, although that number may … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, Donald Trump, Downtown, Economy, Election, Golden Gaming, Health, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Nevada, North Las Vegas, Penn National, Pennsylvania, Reno, The Strip, Wall Street, Wendover, William Hill
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The last good month; NBA to resurrect in Vegas?
Las Vegas Strip gaming revenue was flat in February at $596 million and probably should have been better, given the presence of an extra weekend day. (Statewide, revenues were up 3%.) Strip slots were robust, gaining 7% on 7.5% higher … Continue reading
Posted in Boulder Strip, Charity, China, Conventions, Downtown, Economy, Lake Tahoe, Laughlin, Mesquite, North Las Vegas, Reno, Sports betting, Station Casinos, The Strip, Tourism, Transportation, TV, Wendover
2 Comments
Nevada: Strip weak, locals strong; Busing it to Macao
Las Vegas Strip gambling revenues were down 4% last month to $552 million. Some of that is attributable to an impossible baccarat comparison. In March 2018, baccarat win was up 118%. Last month it was down 56% on 43% less … Continue reading
Posted in Animals, Architecture, Arkansas, Australia, Boulder Strip, Downtown, Lake Tahoe, Laughlin, Lotteries, Macau, Mesquite, Nevada, New Mexico, North Las Vegas, Reno, South Korea, Sports betting, The Strip, Tourism, Transportation, Tribal
1 Comment
Baccarat undercuts the Strip; Japan shows its hand
Is our trade war with China inflicting collateral damage on the Las Vegas Strip? That’s one theory for anemic Chinese New Year visitation that led to a 2% downturn in gaming receipts last month. By contrast, last year saw an … Continue reading
Posted in Boulder Strip, Downtown, Economy, Internet gambling, Japan, Lake Tahoe, Laughlin, Mesquite, MGM Resorts International, Nevada, North Las Vegas, Philippines, Problem gambling, Regulation, Reno, Taxes, The Strip, Wendover
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Bowing to Wynn; Mixed views on Las Vegas
Today the Massachusetts Gaming Commission meets to finalize its disgraceful prostration, er, litigation settlement with Steve Wynn and presumably to lay the groundwork for levying some manner of fine on Wynn Resorts now that Nevada has set a $20 million … Continue reading
Posted in Boulder Strip, Caesars Entertainment, California, Carl Icahn, Donald Trump, Economy, Environment, Lake Tahoe, Las Vegas Raiders, Laughlin, Massachusetts, Mesquite, Nevada, North Las Vegas, Phil Ruffin, Regulation, Reno, Sexual misconduct, Sports, Steve Wynn, The Strip, Wendover, Wynn Resorts
1 Comment
Vegas: Locals outperform the Strip; Sisolak nuked
Nevada gaming revenue was up 4% last month, just a few hundred thousand shy of an even billion dollars, even though the Las Vegas Strip was relatively stagnant. Strong baccarat win by the house (jumping 14.5%) was offset by 3% … Continue reading
Posted in AGA, Aristocrat, Boulder Strip, Donald Trump, Downtown, Environment, IGT, Lake Tahoe, Laughlin, Mesquite, Nevada, Regulation, Reno, Scientific Games, South Carolina, Sports, Sports betting, The Strip, Wall Street
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