Category Archives: Majestic Star

Warm spring in the Midwest; Vegas Vic gets political

Don’t believe anyone who says the economy is bad: Casino takings are up all across the Midwest. The biggest gain was in Ohio, where casino win rose 7%, even though players continue to blow off Jack Cleveland ($18 million, -8%). … Continue reading

Posted in Affinity Gaming, Ameristar, Animals, Archon Corp., Boyd Gaming, California, Dan Gilbert, Downtown, Eldorado Resorts, Full House Resorts, Harrah's, Indiana, Isle of Capri, Law enforcement, Majestic Star, Missouri, Ohio, Penn National, Pinnacle Entertainment, PokerStars, Politics, Racinos, Tropicana Entertainment, Wayne F. Newton | Leave a comment

Mixed results in Indiana; New Hampshire tries, tries, tries again

Casino revenue was down 4% last month in Indiana but, with one less weekend than last year and a 6% decline in foot traffic, I’m disinclined to read too much into the results. However, just for the record, let’s look … Continue reading

Posted in Ameristar, Boyd Gaming, Full House Resorts, GLPI, Harrah's, Indiana, Majestic Star, Mississippi, New Hampshire, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Sports, Tropicana Entertainment, TV | Leave a comment

A slight chill in the air

Even allowing for additional weekend in 2016, gaming results last month were a tad frosty,  shall we say? The best market was Missouri, which was merely flat. That was largely due to strength in the St. Louis area, where Pinnacle … Continue reading

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Economy, Eldorado Resorts, Full House Resorts, GLPI, Harrah's, Indiana, Isle of Capri, Majestic Star, Missouri, Nevada, Ohio, Penn National, Pinnacle Entertainment, Racinos, Tourism, Tropicana Entertainment | Leave a comment

Macao: Big brother is watching; Quandary in Indiana

Just as it looked that Macao was beginning to climb out of one government-created crisis, along comes another. According to a report in the South China Morning Post, the central government was cutting the maximum withdrawal amount from UnionPay ATMs … Continue reading

Posted in Ameristar, Boyd Gaming, Full House Resorts, GLPI, Harrah's, Indiana, Macau, Majestic Star, Penn National, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Tropicana Entertainment, Wall Street | Leave a comment

Mixed bag in Indiana; Don’t mess with Massachusetts

One less weekend day in October helped depress casino revenues in Indiana, down 3%. However, individual property results were all over the place, making generalizations perilous. For instance, Majestic Star II in Gary was down 9%, to $5 million, but … Continue reading

Posted in Ameristar, Boyd Gaming, Election, Full House Resorts, Harrah's, Indiana, Law enforcement, Lawrence Ho, Macau, Majestic Star, Marketing, Massachusetts, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Tropicana Entertainment | Leave a comment

Indiana does well, Missouri does better

Foot traffic at Indiana casinos was down last month but players wagered more freely, 4.5% up from last year, leading to an almost 2% increase in casino revenues. Penn National Gaming was right in line with overall state performance and … Continue reading

Posted in Boyd Gaming, Entertainment, Full House Resorts, Golden Gaming, Harrah's, Indiana, Isle of Capri, Majestic Star, Missouri, Penn National, Pinnacle Entertainment, Racinos, The Strip, Tropicana Entertainment | Leave a comment

Shifty speculation in Massachusetts; Hoosiers spend more

Two Boston-area mayors are digging in against a slot parlor proposed for Revere. New Revere Mayor Brian Arrigo and Somerville Mayor Joseph Curtatone (below) have both voiced opposition to the project, which would be near Suffolk Downs (the ballot question is … Continue reading

Posted in Boyd Gaming, Full House Resorts, Harrah's, Horseracing, Law enforcement, Majestic Star, Massachusetts, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Regulation, Steve Wynn, Taxes, Tropicana Entertainment | Leave a comment

Indiana celebrates 20 years of casinos; Racinos gain traction in Nebraska

“I read that one of the steel plants is closing more lines. We have 70 jobs open right now,” says Horseshoe Hammond General Manager Dan Nita, alluding to the resiliency of the Indiana casino industry, which is celebrating 20 years. … Continue reading

Posted in Ameristar, Don Barden, Donald Trump, Economy, Election, Entertainment, Genting, Harrah's, Indiana, Iowa, Majestic Star, Marketing, Minnesota, Nebraska, Pinnacle Entertainment, Sheldon Adelson, Singapore, Tribal, Warner Gaming | Leave a comment

Indiana market battered; Foxwoods branches out

One less weekend of business hit Indiana casinos fairly hard last month. The state’s industry was down 7%, to $186 million. Patrons were spending more — a heartening metric — but foot traffic was off nearly 12%. However, even less … Continue reading

Posted in Ameristar, Boyd Gaming, Full House Resorts, Georgia, GLPI, Harrah's, Indiana, Majestic Star, Mississippi, Penn National, Pinnacle Entertainment, Racinos, Texas, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Warm spring for Indiana; Trouble ahead for Packer and Ho

While Illinois casinos were flat last month, the action was livelier next door in Indiana. Admissions declined 4%, meaning that players were spending 9%, as casino revenues rose 5%. The percentage champion was Tropicana Evansville, up 17% on an $11 … Continue reading

Posted in Ameristar, Boyd Gaming, Donald Trump, Full House Resorts, Harrah's, Indiana, International, James Packer, Lawrence Ho, Macau, Majestic Star, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Steve Wynn, Tropicana Entertainment, Wall Street | 1 Comment

Penn talks turkey; Celebrity brawl at Aria

Next week Penn National Gaming turns on the Marquee Rewards spigot at the Tropicana Las Vegas. Given some of management’s recent disclosures, it won’t come a day too soon: 85% of Penn’s customer base comes to Sin City but stays … Continue reading

Posted in Affinity Gaming, Ameristar, Boyd Gaming, CityCenter, Cordish Co., Full House Resorts, Harrah's, Indiana, Isle of Capri, Majestic Star, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Steve Wynn, Taxes, The Strip, Tourism, Tribal, Tropicana Entertainment, Wall Street, West Virginia | 1 Comment

Sex in the sky; Great month for Indiana

Gary Loveman‘s beloved Vegas High Roller has become Las Vegas‘ favorite place to expose oneself, with eight known instances to date. Let’s not pretend to be surprised by this. Anyway, proving that what happens here often leads to a misdemeanor … Continue reading

Posted in Boyd Gaming, Full House Resorts, Harrah's, Indiana, Law enforcement, Majestic Star, Ohio, Penn National, Pinnacle Entertainment, Racinos, The Strip, Tropicana Entertainment, Wall Street | Leave a comment

Big change for Tropicana; MGM wins in Springfield

Tri-State News, Weather Indiana will have a second land-based casino (three, if Majestic Star gets its way) after the Indiana Gaming Commission looked with favor on the pleas of Tropicana Entertainment and the Evansville city fathers. “That money allows us to buy … Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, Culinary Union, Don Barden, Economy, Indiana, Majestic Star, Massachusetts, MGM Mirage, Mississippi, Regulation, Station Casinos, Steve Wynn, The Strip, Tilman Fertitta, Tropicana Entertainment, Unite-Here | Leave a comment

Isle abandons ship; Borgata crushes Atlantic City; Radical move from Full House

Faced with a casino that had been generating negative return on investment for the past two years, Isle of Capri Casinos announced it was closing its 15-year-old Natchez riverboat and selling the accompanying hotel to Magnolia Bluffs Casino for $11.5 million. The … Continue reading

Posted in Atlantic City, Boyd Gaming, Dan Lee, Indiana, Isle of Capri, Majestic Star, Mississippi, Ohio, Politics, Racinos, Wall Street | 1 Comment

Midwest shakes off malaise

Yes, there was an extra weekend day this year but let’s look at the glass half-full, as regional gaming markets shook off their malaise. Illinois was up 2% despite mild weakness in the St. Louis market. Empress Joliet (+10%) was … Continue reading

Posted in Ameristar, Boyd Gaming, Dan Gilbert, Economy, Hard Rock International, Harrah's, Horseracing, Illinois, Indiana, Isle of Capri, Majestic Star, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment, Racinos, Wall Street | Leave a comment

Missouri miracle; Guarded hope in Illinois, Indiana

Finally, there was good news for saturated gaming markets. Missouri was up 2% last month, although the result was a bit lopsided. The St. Louis market rose 3% while the Kansas City area slipped 2%. The latter appears to be … Continue reading

Posted in Ameristar, Boyd Gaming, Donald Trump, GLPI, Harrah's, Illinois, Indiana, Majestic Star, MGM Mirage, Missouri, Neil Bluhm, Ohio, Penn National, Pinnacle Entertainment, Slot routes, Tropicana Entertainment | Leave a comment