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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- Bally’s opens, Chicago yawns; MGM, tree murderers
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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
- Paul Shanahan on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Atlantic City rebounds; Sibella dumped; NFL suspicions - 31,553 views
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Category Archives: Warner Gaming
Strip flattens, LV locals rebound; Hyatt’s Vegas Dream
That great Las Vegas recovery on the Strip suddenly flattened in October but new signs of vitality were evident in the local-gambler sphere. Las Vegas Strip casinos grossed $706 million, almost dead-even with the year before. Locals-derived win, meanwhile, surged … Continue reading
Posted in Bally, Boulder Strip, California, Chicago, Downtown, Gary Goett, International, Internet gambling, Lake Tahoe, Laughlin, LVCVA, Macau, Maryland, Massachusetts, Mesquite, North Las Vegas, Resorts World LV, Sports betting, The Strip, Transportation, Warner Gaming, Wendover
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DeSalvio dispatched to Catskills; Stevens thinks big
Former Encore Boston Harbor prexy Robert DeSalvio didn’t have to cool his heels for long. He’s just (the news broke two hours ago) been named president of Genting New York, ousting Ryan Eller. As his title implies, DeSalvio will be … Continue reading
Posted in Derek Stevens, Detroit, Downtown, Genting, International, Internet gambling, Iowa, Louisiana, Michigan, Movies, New York, Palms, Sports, Sports betting, Station Casinos, Taxes, Wall Street, Warner Gaming
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Big Brother challenged in Joliet
If rampant facial recognition is such a good thing, how come music festivals like Coachella and SXSW are banning it? The casino industry could take a hint from this, especially as the rejection seems to be coming from much-coveted Millennials. … Continue reading
Wall Street: The Strip is all right; Rivals pile into Waukegan
JP Morgan analyst Joseph Greff has just returned from a two-day field trip to Las Vegas. His overall reaction was “incrementally positive.” He said he sensed “a fairly steady trend line in terms of overall spend and net revenue performance.” … Continue reading
Posted in Boyd Gaming, Caesars Entertainment, Churchill Downs, Conventions, Dan Gilbert, Dan Lee, Detroit, Dining, Entertainment, Full House Resorts, Illinois, Japan, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, Maryland, MGM Resorts International, Ohio, Palms, Penn National, Resort fees, Rush Street Gaming, Sahara, Sports betting, The Strip, Tribal, Wall Street, Warner Gaming, Wisconsin
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Casino aspirants elbow for advantage; T-Rex derby in Washington
Full House Resorts and Spectacle Entertainment are jostling for position in Terre Haute—provided that Vigo County voters approve a casino for the city. But will it beat nearby Danville to the punch? “Pending a positive outcome on the referendum, I … Continue reading
Posted in Arkansas, Connecticut, Election, Entertainment, Full House Resorts, Illinois, Indiana, International, Internet gambling, Japan, Mohegan Sun, Nebraska, Pennsylvania, Philippines, Slot routes, Spectacle Entertainment, Taxes, Virginia, Warner Gaming
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New strategy at Ocean Resort; What’s in your wallet?
Stuck in last place in the Atlantic City casino scene, Ocean Resort is going to try a new tack by supersizing its entertainment lineup, in what as described as a “cutthroat Atlantic City nightlife market.” Performers booked for Ocean’s 5,500-seat concert … Continue reading
Posted in Atlantic City, Bruce Deifik, Dan Gilbert, Entertainment, Hard Rock International, International, Iowa, Ohio, Problem gambling, Warner Gaming
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Election Special: Winners and losers
In a victory for the state of Arkansas, voters approved casinos in four locations across the state, 54% to 46%, a convincing mandate by any measure, and a big win for a variety of pro-casino companies that included Warner Gaming and Delaware North. … Continue reading
Posted in Arkansas, Caesars Entertainment, Culinary Union, DFS, Election, Florida, Georgia, Harry Reid, International, Marijuana, MGM Resorts International, Nevada, Pennsylvania, Politics, Racinos, Seminole Tribe, Sheldon Adelson, Sports, Sports betting, Virginia, Warner Gaming, Wisconsin
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Sports books get thumped; National Harbor rules
Nevada sports books are reeling from an NFL Week 9 that stands to see them lose as little as $7 million and as much as $10 million. Bettors, meanwhile, are crying all the way to the bank. Among the games … Continue reading
Posted in Arkansas, Atlantic City, Boyd Gaming, Caesars Entertainment, Churchill Hill, Cordish Co., Election, Golden Gaming, Hard Rock International, Maryland, MGM Resorts International, Mississippi, Nevada, New Jersey, Penn National, Regulation, Sports, Sports betting, Station Casinos, Taxes, Warner Gaming
1 Comment
Like a Virgin
Back when Morgans Hotel Group paid a $770 million king’s ransom for the Hard Rock Hotel & Casino it became the poster child for overpriced assets. Now that Brookfield Asset Management has had enough, it fits right in with Virgin Hotels‘ … Continue reading
Posted in Culinary Union, Hard Rock Hotel, Morgans Hotel Group, Nevada, Pennsylvania, Sports, Taxes, TV, Warner Gaming
1 Comment
Fertitta scourges Pelican State rules; Macao biz booms for Wynn
“Let’s not kid ourselves: that barge is concrete. It’s not going anywhere.” With those words, Tilman Fertitta launched one of several broadsides at absurd Louisiana regulations on casinos. Not only do Pelican State casinos still have to sit in water, … Continue reading
Posted in Boyd Gaming, Churchill Downs, Eldorado Resorts, Entertainment, Environment, Foxwoods, GLPI, Greenwood Racing, Harrah's, Internet gambling, Iowa, Isle of Capri, Japan, Louisiana, Macau, MGM Mirage, Pennsylvania, Pinnacle Entertainment, Politics, Problem gambling, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Tilman Fertitta, Tropicana Entertainment, Warner Gaming
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Wynn: Paradise deferred
Perhaps it’s the distraction caused by casino legalization in Japan. Perhaps it’s the cost creep (now up to $2.4 billion) at Wynn Boston Harbor. Whatever the reason, Wynn Resorts has scaled down its plans for Wynn Paradise Park. Rest assured, … Continue reading
Posted in Ameristar, Economy, Entertainment, Indiana, Iowa, Macau, Massachusetts, Mississippi, Steve Wynn, The Strip, Wall Street, Warner Gaming
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Sheldon’s new errand boy; Caesars: Let’s make a deal
Las Vegas Sands CEO Sheldon Adelson is known to be the Lady Bountiful of the 2016 election, showering promising senatorial candidates with cash. One such hopeful is Arkansas Sen. Tom Cotton (R), who has thrown a legislative Hail Mary, attempting … Continue reading
Posted in Atlantic City, Donald Trump, Election, G2E, Genting, GLPI, Harrah's, IGT, Illinois, Internet gambling, New York, Penn National, Politics, Sheldon Adelson, Slot routes, Technology, Unite-Here, Warner Gaming
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New casinos propel Iowa; Cal Neva goes bankrupt
We don’t report Iowa casino results very much, partly because the market overwhelmingly consists of small casinos with grosses to match. Given their modest grosses, a minor fluctuation can be magnified. Even so, last month’s 5% bounce is worth discussing. … Continue reading
Posted in Ameristar, Boyd Gaming, Dan Gilbert, Eldorado Resorts, Election, Harrah's, Iowa, Isle of Capri, Lake Tahoe, Massachusetts, Ohio, Penn National, Pinnacle Entertainment, Reno, Scientific Games, Wall Street, Warner Gaming
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The card-room hustle; Sheldon, can you spare $6 million?
“In the 16 years we’ve been down there, I’ve paid the city $80.5 million in tax revenue. We saved the city from bankruptcy. We’ve been paying the city payroll including the Police Department for the last 16 years and I don’t … Continue reading
Posted in California, Election, Internet gambling, Iowa, Ohio, Oklahoma, Sheldon Adelson, Taxes, Tribal, Warner Gaming
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Poker hands across the ocean; New offer in Caesars bankruptcy
Spurning Nevada and Delaware, the state of New Jersey is exploring an online-poker compact with the United Kingdom. The deal, if consummated, would allow the two entities to share players and liquidity. “Even when you discount children and non-gamblers, it gives … Continue reading
Posted in Atlantic City, Glenn Straub, Harrah's, International, Internet gambling, Iowa, MGM Mirage, Regulation, Revel, Technology, The Strip, Transportation, Warner Gaming
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Poker Stars changes Atlantic City landscape; MGM budges (slightly) on parking fees
An extra month helped Atlantic City post a banner April, up 6%. Citywide, 5% higher slot handle produced a corresponding increase in revenue, while 4.5% table-game wagering translated into 10% more winnings for the house. Borgata ($56 million) was up … Continue reading
Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Golden Gaming, Harrah's, International, Internet gambling, Iowa, Isle of Capri, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, PokerStars, Racinos, Sports, The Strip, Tropicana Entertainment, Warner Gaming
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Ethnic insensitivity in Oregon; Penn’s last stand in Iowa
A TV ad campaign for Oregon state-sponsored VLTs has riled up the Coquille Indian Tribe, not least because it depicts the Lewis & Clark Expedition happening upon video gaming in wilderness that has been ethnically cleansed of Native Americans. Coquille Chairman … Continue reading
Posted in California, Delaware, Economy, Internet gambling, Iowa, Macau, Marketing, Penn National, Regulation, Tourism, Transportation, Tribal, Warner Gaming
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Setback for Penn; New problem for Atlantic City
It was Iowa Racing & Gaming Commission 1, Penn National Gaming 0 in an Iowa appellate court. Penn had been trying to get the license of its Belle of Sioux City reinstated, claiming it was deprived of due process. That … Continue reading
Posted in Atlantic City, Iowa, MGM Mirage, Neil Bluhm, New York, Penn National, Politics, Regulation, Taxes, Wall Street, Warner Gaming
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A Revel by any other name; Hard Rock thinks globally; Hard times for Boyd
What’s in a name? That’s the question confronting Glenn Straub, for whom the days are counting down until he can reopen the hotel portion of his casino with a new name. We don’t agree that Revel is a meaningless word, but … Continue reading
Posted in Architecture, Atlantic City, Boyd Gaming, Glenn Straub, Hard Rock International, Illinois, International, Iowa, Japan, Politics, Revel, Slot routes, Tourism, Vietnam, Warner Gaming
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