Category Archives: Hawaii

Sports betting a political football; Lucky Dragon doing just fine

Lawmakers in Maryland are entering the fray over sports betting. Unlike their counterparts in New Jersey, they’re not challenging the federal government directly. The proposed law, as drafted, would make sports betting legal in the Free State *if* the Bradley … Continue reading

Posted in Ameristar, Boyd Gaming, Cordish Co., Delaware, Dining, Donald Trump, Georgia, GLPI, Harrah's, Hawaii, Internet gambling, Isle of Capri, Lucky Dragon, Macau, Maryland, MGM Mirage, Mississippi, Missouri, Neil Bluhm, New York, Penn National, Philippines, Pinnacle Entertainment, Politics, Racinos, Singapore, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Leave a comment

Wynn Palace a work in progress; Hawaii ponders i-gaming

Wall Street analysts were pleasantly surprised by the latest results from Wynn Palace, which exceeded expectations. As JP Morgan analyst Joseph Greff wrote, the Palace “has reconfigured the main casino floor (mass market), adding new slot/poker sections and opening up … Continue reading

Posted in Delaware, Economy, Hawaii, Internet gambling, Macau, Massachusetts, Neil Bluhm, Nevada, Penn National, Pennsylvania, Regulation, Sheldon Adelson, Steve Wynn, Technology, The Strip, Wall Street | Leave a comment

Trump Taj: Everybody loses; Mixed bag for Boyd

Labor Day weekend will be the final hurrah for Trump Taj Mahal. Owner Carl Icahn has expressed his intent to close the struggling casino rather than continue to negotiate with striking Unite-Here Local 54. ““I would never have thought Carl … Continue reading

Posted in Atlantic City, Boyd Gaming, Carl Icahn, Churchill Downs, Donald Trump, Downtown, Economy, Hawaii, Illinois, Kansas, Louisiana, Maryland, Mississippi, Tropicana Entertainment, Unite-Here | Leave a comment

Fertittas strike it rich(er); Boyd surprises analysts

Red Rock Resorts — aka Station Casinos — split the difference in Wall Street‘s expectations of this week’s IPO, debuting a $19.50 (Street estimates ranged from $18 to $21 a share). Unfortunately, unlike the MGM Growth Partners offering, the goal … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Cannery Casino Resorts, Hawaii, history, MGM Mirage, Mississippi, North Las Vegas, Reno, Sheldon Adelson, Sports, Station Casinos, The Strip, Tourism, Wall Street | Leave a comment

Wall Street loves it some Boyd; Wolf at the door

Boyd Gaming came out with its figures for 4Q15 and Wall Street is fairly singing the company’s praises. “We believe that BYD’s diversified, domestic regional gaming portfolio should continue to benefit from continued U.S. jobs growth and lower gas prices. … Continue reading

Posted in Atlantic City, Boyd Gaming, Downtown, Greenwood Racing, Hawaii, Internet gambling, Iowa, Kansas, Louisiana, Mohegan Sun, Pennsylvania, PokerStars, Sheldon Adelson, Taxes, Technology, Transportation, Wall Street | Leave a comment

DFS: Trouble in paradise; It’s not good to be Dan Gilbert

Besieged on all sides, daily fantasy sports operators find themselves in retreat. DraftKings said it “will voluntarily pause” its operations in Hawaii in response to a ruling by state Attorney General Doug Chin that DFS is gambling and therefore illegal … Continue reading

Posted in Eldorado Resorts, Florida, Hard Rock International, Harrah's, Hawaii, Indiana, Internet gambling, Mississippi, Ohio, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation | Leave a comment

Boyd: What’s not to like?; Poker cheat gets flushed

Try as it might, Boyd Gaming just doesn’t feel any warm fuzzies from Wall Street. J.P. Morgan analyst Joseph Greff called the most recent quarter “very impressive,” with 3% revenue growth and huge increases in cash flow. Still, Greff wrote, … Continue reading

Posted in Atlantic City, Boyd Gaming, Environment, Harrah's, Hawaii, Internet gambling, Iowa, Louisiana, Penn National, Wall Street | Leave a comment

Boyd impresses the Street, MGM disappoints

Boyd Gaming pleased Wall Street with its 3Q14 results, of which Joseph Greff of J.P. Morgan said “margin improvement was notable and impressive.” He noted modest growth in the Las Vegas locals and downtown segments and better-than-expected regional numbers, as … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, Current, Downtown, Economy, Environment, Genting, Hawaii, Macau, MGM Mirage, Reno, Sam Nazarian, The Strip, Wall Street | Leave a comment

Itchy trigger fingers in Massachusetts; Boyd besieged

After moving with extreme deliberation on terrestrial casinos, the Massachusetts Gaming Commission suddenly has a fire under its butt to do something about Internet gambling. “The time is now … We can’t wait any longer, even though we’re still in the … Continue reading

Posted in Bally Technologies, Boyd Gaming, Hawaii, Horseracing, IGT, Internet gambling, Massachusetts, Penn National, Pennsylvania, Racinos, Regulation, Wall Street | Leave a comment

Third-quarter blahs: Ameristar, Boyd, MGM; Crackdown in Alabama

While nobody quite matched the $221 million loss posted by Caesars Entertainment, the gaming industry didn’t lack for underachievers in 3Q12, thanks largely to softness in domestic casino markets. Ameristar Casinos reported a $16 million profit, despite a 2% revenue … Continue reading

Posted in Alabama, Ameristar, Atlantic City, Boyd Gaming, CityCenter, Colorado, Current, Detroit, Downtown, Environment, Harrah's, Hawaii, Illinois, Iowa, Kansas, Louisiana, Macau, Marketing, Massachusetts, MGM Mirage, Mississippi, Missouri, Ohio, Penn National, Steve Wynn, The Strip | Leave a comment

Illinois: Not cricket; Boyd’s not going to like *this*: Death Ray: The sequel

Hardly had the outlines for a gaming-expansion compromise been leaked from the Illinois governor’s mansion when state Speaker of the House Michael Madigan (D, right) nixed the idea — or at least the prospect of a deal getting done in … Continue reading

Posted in Boyd Gaming, CityCenter, Current, Election, Environment, Hawaii, Illinois, Louisiana, Politics, Sheldon Adelson, Taxes, Vdara Death Ray | 3 Comments

Quote of the Day

“As an economy based almost solely on tourism and entertainment, Nevada — and especially Las Vegas — should accept reality, embrace the inevitable, repeal the state’s ban on gay marriage, and scarf up on the tourism bonanza that would result … Continue reading

Posted in Election, Hawaii, New York, Regulation, The Strip, Tourism | Leave a comment

Caesars steals Riv’s thunder; Trouble in Adelsonia

Obviously, the headline from today will be approval by the Nevada Gaming Commission of a partnership between Caesars Entertainment and Israeli-owned, Gibraltar-based 888 Holdings. Since it is simultaneously getting permission to shack up with Internet casino operator 888 and opposing … Continue reading

Posted in California, Downtown, Election, Florida, Harry Reid, Hawaii, International, Internet gambling, Iowa, Macau, Marketing, MGM Mirage, Midnight Jim Gibbons, Oscar Goodman, Politics, Regulation, Riviera, Sheldon Adelson, Sports, Tamares Group, Wall Street | Leave a comment

The sky is falling!

Or so you’d think, to hear the reaction to the news that Florida is contemplating bringing a micromanaged form of casino gambling to its fair shores. S&G readers are well rehearsed in the flaws of the bill being contemplated in … Continue reading

Posted in Boyd Gaming, Current, Economy, Entertainment, Florida, Harrah's, Hawaii, history, Ohio, Sheldon Adelson, The Strip | 1 Comment