Category Archives: Hawaii

MGM limping back; Atlantic City follies; Wall Street Jottings

Hobbling back onto the Web today, MGM Resorts International offered a limited version of its normal Internet service. You can do research for your next MGM stay but you can’t book it directly or access MGM Rewards, as of 10 … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Culinary Union, DraftKings, Entertainment, ESPN Bet, Fanatics, FanDuel, Fontainebleau, Hawaii, IGT, Law enforcement, Macau, Marketing, Massachusetts, Mesquite, MGM Resorts International, New Hampshire, Ocean Resort, Penn National, Pennsylvania, Rush Street Gaming, Sports, Sports betting, The Mob, The Strip, Wall Street, Wynn Resorts | 1 Comment

Hot July in Vegas; GLPI’s Illinois big gulp; Mega-Jottings

How impressive was the Las Vegas Strip‘s July performance? Pretty damned impressive, considering that it hit a best-ever record on only 1% higher visitation than last year and 4% less than in the halcyon year of 2019. Hotel occupany ran … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, California, Charity, Churchill Downs, Conventions, Economy, Election, Failsinos, GLPI, Hard Rock International, Hawaii, Health, Illinois, New Hampshire, Palms, Problem gambling, Real Estate, San Manuel Band of Mission Indians, The Strip, Tribal, Virginia, Wall Street, Wisconsin | Comments Off on Hot July in Vegas; GLPI’s Illinois big gulp; Mega-Jottings

Gambling returns to normality; Boyd’s low-cost charity

Gambling revenues have been so overheated since the pandemic that some kind of market correction was overdue. The much-vaunted recession having failed to manifest itself, the gloom-and-doom crowd on Wall Street must content itself with small retreats in casino winnings. … Continue reading

Posted in Architecture, Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Cordish Co., Cretins, DraftKings, Economy, FanDuel, Florida, Golden Nugget, Greenwood Racing, Hard Rock International, Hawaii, Health, Internet gambling, Las Vegas Sands, Marketing, Massachusetts, MGM Resorts International, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Resort fees, Rush Street Gaming, Silverton, Sports betting, The Strip, Tribal, WInd Creek, Wynn Resorts | Comments Off on Gambling returns to normality; Boyd’s low-cost charity

Boyd praised; Graft at Wynn?; NFL hypocrisy

Wall Street analysts loved up on Boyd Gaming following its 1Q23 earnings call. Boyd, Deutsche Bank analyst Carlo Santarelli wrote, “delivers another strong performance … the merits of the story remain compelling on a relative basis.” He pushed his price … Continue reading

Posted in Baseball, Boyd Gaming, Caesars Entertainment, California, Detroit, Dining, Downtown, FanDuel, Hawaii, Illinois, Internet gambling, Louisiana, Mississippi, Penn National, Real Estate, Reno, Service, Slot routes, Sports, Sports betting, Station Casinos, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 2 Comments

Massachusetts soars; The Strip meets The Street

Gambling win in Massachusetts shot up 14.5% in February, reaching $98 million. Market leader, of course, was Encore Boston Harbor with $63 million (+14.5%). MGM Springfield leapt 17% to $23 million and Plainridge Park climbed 10% to $12 million. Wynn … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Century Casinos, Downtown, DraftKings, Entertainment, FanDuel, Golden Gaming, Golden Nugget, Hawaii, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, Maryland, Massachusetts, MGM Resorts International, Nevada, New Jersey, New York, Politics, Singapore, Slot routes, Sports betting, Station Casinos, Taxes, The Rio, The Strip, Wall Street, Wynn Resorts | 1 Comment

Boyd buoyed; Penn damned with faint praise; Mega-Jottings

It was a good day yesterday for Boyd Gaming as it trotted out its 4Q22 numbers. Cash flow healthily overshot Wall Street expectations and was powered by, among other things, better-than-2019 visitation by that Boyd mainstay, players from Hawaii. Wrote … Continue reading

Posted in Arizona, Barstool Sports, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, California, Canada, Churchill Downs, Cretins, Dining, Downtown, DraftKings, Election, Failsinos, FanDuel, Georgia, Hard Rock International, Hawaii, Illinois, Indiana, Internet gambling, Iowa, Kansas, Louisiana, M Resort, MGM Resorts International, Mississippi, New York, Ohio, Penn National, Sports betting, Station Casinos, The Strip, Tribal, Wall Street, West Virginia | Comments Off on Boyd buoyed; Penn damned with faint praise; Mega-Jottings

A peek at Penn; DraftKings retreats, Aruze tumbles

Wall Street analysts got an early look at Penn Entertainment‘s 4Q22 earnings, which were mildly adverse and poorer than The Street expected, and which point to a flat trajectory going forward through the early summer. Deutsche Bank analyst Carlo Santarelli … Continue reading

Posted in Bally, Baseball, Chicago, DraftKings, FanDuel, Hawaii, Illinois, International, Kazuo Okada, Marketing, Mattress Mack, New York, Penn National, Politics, Sports betting, Taxes, Wall Street | Comments Off on A peek at Penn; DraftKings retreats, Aruze tumbles

Bluhm blows smoke; Detroit declines; Bally’s sheds jobs

No, that isn’t a new big-box retail outlet (which its entrance rather resembles) but Rivers Portsmouth, the first permanent casino to open in Virginia. On hand were Allen Iverson, a marching band, a gaggle of local politicians … and the … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Caesars Entertainment, Detroit, Diversity, DraftKings, FanDuel, Greenwood Racing, Hawaii, Health, Illitch Family, Internet gambling, Macau, Marketing, Maryland, Massachusetts, MGM Resorts International, Michigan, Penn National, Rush Street Gaming, Sports betting, Technology, United Kingdom, Virginia, Wall Street, Wynn Resorts | 1 Comment

Bullish for Boyd; Abbott does Texas two-step; D.C. remorse

Bad economy? Not if you’re Boyd Gaming. The regional giant significantly improved third-quarter income, from $843 million in 3Q21 to $877 million this year. Said CEO Keith Smith, “Continuing into October, customer spending has been very consistent with the trends … Continue reading

Posted in Alabama, Barstool Sports, Baseball, Boyd Gaming, Caesars Entertainment, California, Downtown, Economy, Election, Hard Rock International, Hawaii, Indiana, International, Internet gambling, Japan, Louisiana, Mattress Mack, Mohegan Sun, New Jersey, Pennsylvania, Politics, Sports betting, Texas, Tourism, Tribal, Virgin Hotels, Wall Street, Wynn Resorts | 2 Comments

Wynn: Make mine Manhattan; Votes for sale; Mega-Jottings

There will be at least one serious push for a casino in the heart of New York City, now that Wynn Resorts has thrown in with Related Cos. on “an exposed and sunken rail yard” that some see as a … Continue reading

Posted in Australia, Brothels, California, CQ Holdings, DraftKings, Entertainment, Genting, Georgia, Hawaii, Japan, Law enforcement, Louisiana, Macau, Marketing, MGM Resorts International, Nevada, New York, North Las Vegas, Palms, Pennsylvania, Politics, Slot routes, Star Entertainment, Technology, Tribal, Wall Street, Wynn Resorts, Wyoming | 1 Comment

Justice for German; MGM gets some Wall Street love

Clark County Administrator Robert Telles (D) is in custody for the murder of Las Vegas Review-Journal investigative reporter Jeff German in what has all the appearance of a revenge killing. Good work by Las Vegas Metro, despite a set of … Continue reading

Posted in Apollo Management, Bally, Boyd Gaming, Churchill Downs, DraftKings, Economy, FanDuel, Fontainebleau, Hawaii, Horseracing, Indiana, Internet gambling, Kansas, Law enforcement, Louisiana, Macau, MGM Resorts International, Problem gambling, Sexual misconduct, Sports betting, The Strip, TV, Wall Street | 1 Comment

FSE gets new look; Tilman’s big bet; Boyd beats The Street

Fremont Street Experience will now be ‘branded content’ or, to put it less politely, a big-ass billboard for slot companies. Well, one slot company: Aristocrat Gaming. It’s inked a pact with FSE to present “an action-packed new video … The … Continue reading

Posted in Aristocrat, Boyd Gaming, Charity, Chicago, CityCenter, Downtown, Economy, Elaine Wynn, Entertainment, Hawaii, Internet gambling, Marketing, Movies, Neil Bluhm, Politics, Real Estate, The Strip, Tilman Fertitta, Wall Street, Wynn Resorts | 3 Comments

Chicago: Then there were three … ; Leaner, meaner Boyd

Enjoy these images of Rivers McCormick while you can because you’ll never see them again. Chicago Mayor Lori Lightfoot has nixed McCormick Place as a potential site for a casino, setting Bally’s Corp. and especially Rush Street Gaming down a … Continue reading

Posted in Bally, Boyd Gaming, Chicago, Culinary Union, Economy, Hawaii, Marketing, Neil Bluhm, Politics, Regulation, Rush Street Gaming, Station Casinos, Taxes, Tourism, Transportation | 1 Comment

Louisiana levels off, DraftKings sucks wind, Golden gilded

Gaming analysts have been cautioning us to expect “difficult comparisons” between 2022 and previous high-water years late 2019 and 2021. Indeed, Louisiana‘s January was flat with 2019, if up 8% from last year. Sports betting was weak: $49 million in … Continue reading

Posted in Apollo Management, Atlantic City, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Eldorado Resorts, Florida, G2E, Golden Gaming, Golden Nugget, Hard Rock International, Hawaii, Japan, Las Vegas Sands, Laughlin, Louisiana, New Jersey, New York, Peninsula Pacific, Penn National, Regulation, Resort fees, Slot routes, Sports betting, Tourism, Wall Street, Wynn Resorts | Comments Off on Louisiana levels off, DraftKings sucks wind, Golden gilded

MGM boffo; Establishment freaks out over sports betting

“Viva Las Vegas” was the headline on Credit Suisse analyst Ben Chaiken‘s recap of 4Q21 earnings from MGM Resorts International. Wall Street expected $2.8 billion in revenue and $705 million in cash flow. MGM delivered $3.1 billion and $821 million, … Continue reading

Posted in BetMGM, Caesars Entertainment, Canada, Conventions, Cosmopolitan, DFS, Donald Trump, DraftKings, Election, Entertainment, Florida, Hard Rock International, Hawaii, Health, Illinois, Japan, Las Vegas Sands, Lotteries, Macau, Marketing, Mattress Mack, MGM Resorts International, Nevada, New York, Problem gambling, Seminole Tribe, Sports, Sports betting, Station Casinos, Steve Wynn, Taxes, Technology, The Strip, Wall Street, Wynn Resorts | 3 Comments

Station sets revenue records, Penn less fortunate

Having quietly broken ground on $750 million Durango Station, proud papa Station Casinos announced that despite “some headwinds,” the company had achieved record-level cash flow in 4Q21. “The government’s mask mandate across the state of Nevada remained in place and … Continue reading

Posted in Barstool Sports, BetMGM, Caesars Entertainment, California, Canada, Conventions, Derek Stevens, Downtown, DraftKings, Economy, FanDuel, Hawaii, Health, history, Internet gambling, Louisiana, Marketing, Missouri, New York, Ohio, Palms, Penn National, Pennsylvania, Rush Street Gaming, Sports betting, Station Casinos, Technology, Tourism, Tribal, Wall Street, Wynn Resorts | 3 Comments

Bally’s we hardly knew ye; IGT bets big on lotteries

Shares of Bally’s Corp. sprang to $36.76 apiece yesterday on the news that the company’s largest stockholder wants to take Bally’s private for $2 billion. Hedge fund Standard General—founded by Bally’s Chairman Soo Kim—is offering $38/share for the mini-major and … Continue reading

Posted in Arizona, Arkansas, Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Entertainment, FanDuel, Hard Rock International, Hawaii, IGT, International, Japan, Lotteries, Massachusetts, Mississippi, Ocean Resort, Regulation, Rhode Island, Rush Street Gaming, Sports betting, Taxes, The Strip, Tribal, Wall Street, Wynn Resorts | 1 Comment

Baccarat cools Las Vegas a bit; Boyd sets records; Reno bans whips

Stimulus cash may be petering out somewhat and international tourism has yet to open the floodgates, so September found Nevada on something of a cusp between the supercharged recovery of the summer and the hoped-for travel rebound in 4Q21. Still, … Continue reading

Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Conventions, Culinary Union, Downtown, FanDuel, Hawaii, Health, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Louisiana, Marketing, Nevada, New Jersey, North Las Vegas, Pennsylvania, PointsBet, Politics, Reno, Sports betting, The Strip, Tribal, TV, Wall Street | Comments Off on Baccarat cools Las Vegas a bit; Boyd sets records; Reno bans whips

Boyd, Caesars express optimism; Atlantic City slows

Continuing JP Morgan‘s march through Las Vegas, senior analyst Joseph Greff met with Boyd Gaming CEO Keith Smith and CFO Josh Hirsberg. They seemed pleased, on the whole, marveling and the resilience of their customers, whose play was “amazingly consistent” … Continue reading

Posted in Arizona, Atlantic City, Australia, Boyd Gaming, Caesars Entertainment, Conventions, Cosmopolitan, Crown Resorts, Downtown, Economy, Golden Nugget, Hard Rock International, Hawaii, International, Internet gambling, Las Vegas Sands, Marketing, Massachusetts, MGM Resorts International, Mississippi, Ocean Resort, Penn National, Pennsylvania, Sports betting, The Strip, Transportation, Wall Street, Wynn Resorts | 4 Comments

Boyd beats The Street but charts cautious course

“Massive beat” and “exceptional” results were some of the terms being bandied about after yesterday’s Boyd Gaming 2Q21 earnings call. Wall Street expected $803 million in revenue and Boyd delivered $896.5 million, while profit margins at its Las Vegas locals … Continue reading

Posted in Boulder Strip, Boyd Gaming, Downtown, Economy, Golden Gaming, Hawaii, Health, Internet gambling, Louisiana, Nevada, New Jersey, Pennsylvania, Sports betting, Station Casinos, Wall Street | 1 Comment