Category Archives: Full House Resorts

Bread and circuses

Inflation or no, there is one quantifiable, incontestable fact about the American consumer. He or she is spending more—way more—on gambling than before Covid-19 and more than last year, when they had stimulus money to burn. So if there are … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., Dan Lee, DraftKings, Economy, Election, Entertainment, Full House Resorts, Golden Gaming, Greenwood Racing, Hard Rock International, Illinois, Jack Entertainment, Kentucky, Maryland, MGM Resorts International, Ohio, Penn National, Pennsylvania, The Strip, Tribal, Virginia | 2 Comments

MGM, Penn disappoint, Golden droops; Tilman’s gambit

Dragged down the golden albatross that is Macao, earnings of MGM Resorts International missed analysts’ projections by a whopping $1.61 per share for a 3Q22 loss of $1.39/share. More’s the pity, as MGM did so many things right. Wall Street … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Caesars Entertainment, California, China, CityCenter, Conventions, Cosmopolitan, Detroit, DraftKings, Economy, Election, Full House Resorts, GLPI, Golden Gaming, Health, Illinois, Internet gambling, Iowa, Japan, Laughlin, M Resort, Macau, Maryland, Mattress Mack, MGM Resorts International, Mississippi, Nevada, New York, Ohio, Penn National, Pennsylvania, Rush Street Gaming, Singapore, Slot routes, South Korea, Sports, Sports betting, The Rio, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 1 Comment

Caesars bares all; Midwest flattens; Adelson pledges neutrality

Landing a meeting with Caesars Entertainment CEO Tom Reeg, as well as several top execs, J.P. Morgan analyst Joseph Greff didn’t hear so much as a peep about the mooted Las Vegas Strip asset sale, which he assumes is on … Continue reading

Posted in Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Churchill Downs, Derek Stevens, DraftKings, Economy, Election, Full House Resorts, Golden Gaming, Hard Rock International, Illinois, Indiana, Jack Entertainment, Macau, Marketing, Maryland, MGM Resorts International, Missouri, Penn National, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts | 3 Comments

George of Georges; Bally’s crumbling; Indiana dips

Before we go any further, bravo, bravo, arcibravo to Hard Rock International to laying some serious bread on its salaried workers. As of now, the base salary for non-tipped employees at Hard Rock casinos goes from $18/hour to $21. Hard … Continue reading

Posted in Arizona, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Dining, DraftKings, Economy, Entertainment, FanDuel, Full House Resorts, Georgia, Illinois, Indiana, Penn National, Politics, Regulation, Rush Street Gaming, Sports, Sports betting, Tribal, United Kingdom, Virginia, Wynn Resorts | Comments Off on George of Georges; Bally’s crumbling; Indiana dips

Gaming levels off at high altitude; More Chicago shenanigans

Casino receipts are in for a quartet of states and they tell a similar tale: That gamblers are reining in their 2022 spending … but are still wagering (and losing) way more than three years ago. Hardly a picture of … Continue reading

Posted in Bally, Baseball, Boulder Strip, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, Full House Resorts, Golden Gaming, Hard Rock International, Health, Illinois, Iowa, Jack Entertainment, Kansas, Louisiana, Macau, Maryland, MGM Resorts International, Missouri, North Las Vegas, Ohio, Penn National, Politics, Sports betting, Station Casinos, TV | 4 Comments

Big Gaming’s boffo biz; Bay State buttinski; Trop’s doom sealed

Amidst all the gloom-and-doom talk about the U.S. economy, one sector is doing better than ever: gambling. 2Q22 was an industry-best and the year is on track to be the biggest in history (despite curtailments in international play). The American … Continue reading

Posted in AGA, Atlantic City, Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Columbia Sussex, DraftKings, Economy, FanDuel, Full House Resorts, Golden Gaming, Hard Rock International, Indiana, Internet gambling, Laughlin, Massachusetts, MGM Resorts International, Penn National, PointsBet, Regulation, Rush Street Gaming, Sports betting, The Strip, Tribal, Wynn Resorts | 2 Comments

Flamingo sale? Forget it!; Mega-Jottings

Caesars Entertainment formally took the Flamingo off the sale block yesterday, at least for the foreseeable future. CEO Tom Reeg cited ‘market conditions‘ (odd when the Las Vegas Strip keeps breaking records). There is also the complication that Vici Properties … Continue reading

Posted in Architecture, Atlantic City, Boyd Gaming, Caesars Entertainment, Colorado, Conventions, Cretins, Dan Lee, Economy, Entertainment, Fontainebleau, Full House Resorts, Illinois, Indiana, Lake Las Vegas, Louisiana, Maine, Marketing, Nebraska, New York, North Carolina, Pennsylvania, Planet Hollywood, Politics, Regulation, South Carolina, Sports betting, Station Casinos, The Rio, The Strip, Tourism, Tribal, Wall Street, William Hill | 4 Comments

Bally’s Chicago stirs skepticism; Vegas locals cooling

It’s not just us who are leery of Bally’s Corp. and its ability to do something unprecedented in its history—swing a $1.7 billion casino in Chicago. The company’s corner-cutting “improvement” of Bally’s Atlantic City does not inspire confidence. Nor does … Continue reading

Posted in Aristocrat, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, DraftKings, Economy, FanDuel, Florida, Full House Resorts, Genting, Golden Gaming, Golden Nugget, Hard Rock International, Indiana, Mohegan Sun, New York, Palms, Penn National, Pennsylvania, PointsBet, Rhode Island, Rush Street Gaming, Seminole Tribe, Silverton, Sports betting, Station Casinos, Tribal, Unite-Here, Wall Street, Wynn Resorts | 2 Comments

Special Edition

So we leave on vacation (I checked into the Westin O’Hare and didn’t leave the building for three and half days) and all hell breaks loose in Big Gaming. The breaking story was MGM Resorts International‘s decision to shuck Gold … Continue reading

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Century Casinos, Cordish Co., Crown Resorts, DraftKings, FanDuel, Full House Resorts, Gary Goett, Hard Rock International, Illinois, Indiana, International, Internet gambling, Japan, Macau, MGM Resorts International, Mississippi, Missouri, New York, Oklahoma, Penn National, PointsBet, Rush Street Gaming, Sociedade de Jogos de Macau, Sports betting, Tribal, Unite-Here | 2 Comments

George of the Year; Kansas ayes sports betting, Missouri not

It’s only May but we have to give the nod to The Cosmopolitan of Las Vegas. Outgoing owner Blackstone Group graced all employees with $5,000 bonuses, an incredibly generous gesture. Blackstone certainly didn’t have to do it but they did … Continue reading

Posted in Australia, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Chicago, Cosmopolitan, Crown Resorts, Full House Resorts, Hard Rock International, Illinois, Indiana, Internet gambling, Kansas, Kazuo Okada, Macau, Marketing, MGM Resorts International, Missouri, Penn National, Phil Ruffin, Philippines, Politics, Rush Street Gaming, Security, Slot routes, Sociedade de Jogos de Macau, Sports betting, Star Entertainment, Virginia | Comments Off on George of the Year; Kansas ayes sports betting, Missouri not

Wynn treads water, IGT overachieves, Ohio and Missouri flatten

Pay no attention to the man behind the curtain (Xi Jinping). That was the message of Wynn Resorts‘ first-quarter earnings call. Some analysts weren’t having it, with Deutsche Bank‘s Carlo Santarelli opining that Macao was “the real story.” That being … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dan Lee, Economy, Full House Resorts, Hard Rock International, Health, IGT, Illinois, International, Internet gambling, Jack Entertainment, Lotteries, Macau, Maryland, Massachusetts, MGM Resorts International, Missouri, New York, Ohio, Oklahoma, Penn National, Real Estate, Regulation, Sports, Sports betting, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts | 3 Comments

Siegel’s Strip scheme; Tilman’s Rocky Mountain high

Siegel Group got a steal of a deal on the north Las Vegas Strip: 10 acres for $75 million. The vacant land used to be occupied, in part, by the La Concha Motel (pictured). It was also once destined for … Continue reading

Posted in Arkansas, Churchill Downs, Colorado, Dan Lee, Full House Resorts, Genting, Golden Nugget, Greenwood Racing, Health, history, Illinois, Indiana, Japan, Law enforcement, MGM Resorts International, New Jersey, New York, Pennsylvania, Politics, Real Estate, Spectacle Entertainment, Taxes, The Strip, Tilman Fertitta | 2 Comments

Casinos in clover nationwide; Mega-Jottings for a Monday

Masters Week has come and gone, and Augusta now sinks back into an 11-month torpor. Which also helps us return to standard-edition S&G. (Seen on the marquee of the church closest to Augusta National: “This is Amen Corner.”) Where to … Continue reading

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Conventions, CQ Holdings, Current, Derek Stevens, Diversity, DraftKings, Economy, FanDuel, Full House Resorts, G2E, Georgia, Hard Rock International, Illinois, Indiana, International, Jack Entertainment, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Missouri, Nevada, New York, North Las Vegas, Ohio, Palms, Penn National, Pennsylvania, Politics, Racinos, Sahara, Singapore, Sports, Sports betting, Taxes, Tribal | 1 Comment

Decline of the Golden Nugget?; Bluhm gets Chicago boost

On March 7, our Atlantic City correspondent wrote to us, “Who took the slot machines since yesterday? They even got rid of two of the four “vanity’ Tilman Fertitta dollar Billionaire Buyer machines. (I never saw anyone at those machines). … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, China, Churchill Downs, Colorado, Detroit, DraftKings, Environment, FanDuel, Full House Resorts, Genting, Golden Nugget, Hard Rock International, Illitch Family, Indiana, Marketing, MGM Resorts International, Neil Bluhm, New Jersey, New York, Penn National, PointsBet, Politics, Rush Street Gaming, Scientific Games, Sports betting, Taxes, Tilman Fertitta, Tribal, Wynn Resorts | 1 Comment

Casinos continue to thrive; Crooks, liars and losers

There’s no “supply chain” issue when it comes to dollars flowing into American casinos. Take Missouri, for instance. Casino revenue sprang 15.5% over 2019 last month, for a statewide take of $145.5 million. Actual visitation was down 2o% but per-visitor … Continue reading

Posted in Apollo Management, Bally, Bally Technologies, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Cretins, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Health, Illinois, Indiana, Las Vegas Sands, Law enforcement, Louisiana, Maryland, Mattress Mack, MGM Mirage, Missouri, Nevada, Penn National, Pennsylvania, PointsBet, Regulation, Reno, Rush Street Gaming, Scientific Games, Slot routes, Sports, Sports betting, Steve Wynn, Taxes, Tribal, WInd Creek, Wynn Resorts | 3 Comments

Warm breeze in Atlantic City; Indiana heats up

December brought an acceleration in most forms of New Jersey gambling revenue. Atlantic City casinos managed a 1.5% increase over the end of 2019 but sports betting revenue dropped 11% year/year, blamed on low hold. Sticking close to home, Internet … Continue reading

Posted in Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Cordish Co., Crown Resorts, DraftKings, Entertainment, FanDuel, Full House Resorts, Golden Nugget, Hard Rock International, Indiana, Maryland, Massachusetts, MGM Resorts International, Mohegan Sun, New Jersey, New York, Ocean Resort, Peninsula Pacific, Penn National, PointsBet, Politics, Regulation, Rush Street Gaming, Sports betting, Taxes, Tribal, Virginia, Wynn Resorts | 2 Comments

Illinois slouches; Boyd, Churchill praised; DraftKings assessed

Not even Rivers Casino Des Plaines was spared the impact of Hard Rock Rockford, as the newbie helped take a 4.5% bite out of Rivers’ December casino revenues compared to 2019, for a Des Plaines gross of $43 million, still … Continue reading

Posted in Arizona, Bally, Boyd Gaming, Caesars Entertainment, California, Canada, Churchill Downs, Connecticut, Downtown Grand, DraftKings, Election, Florida, Full House Resorts, Hard Rock International, Health, Illinois, Indiana, Internet gambling, Iowa, Isle of Capri, Las Vegas Sands, Louisiana, Maine, Maryland, Mattress Mack, MGM Resorts International, New York, Ohio, Penn National, Regulation, Singapore, Sports, Sports betting, Station Casinos, Taxes, Wall Street | Comments Off on Illinois slouches; Boyd, Churchill praised; DraftKings assessed

If at first you don’t succeed … sue; Academy Awards odds posted

It’s a tried and true adage of American life that if you can’t get what you want fair and square, take it to court. Case in point: Full House Resorts. Having lost out on the Indiana Gaming Commission‘s selection of … Continue reading

Posted in Alabama, Bally, Chicago, Churchill Downs, Dan Lee, Election, Full House Resorts, Health, Indiana, International, Las Vegas Sands, Macau, Melco Resorts & Entertainment, Movies, Nebraska, Ohio, Politics, Racinos, Regulation, Sports betting, WInd Creek, Wynn Resorts | Comments Off on If at first you don’t succeed … sue; Academy Awards odds posted

Rejected!

It’s been a rough winter for Peninsula Pacific. First it narrowly lost a plebiscite in Richmond, Virginia. Then, on Saturday, it got body-slammed by voters in Louisiana‘s St. Tammany Parish, who turned out in droves to vote down a proposed … Continue reading

Posted in Churchill Downs, Dan Lee, Election, Full House Resorts, Louisiana, Mississippi, Peninsula Pacific, Politics, Virginia | 1 Comment

Hard Rock, Caesars grapple; Trouble at Topgolf LV

There’s a battle royal in Indiana between Hard Rock Gary and Horseshoe Hammond. But before we get to that, let it be noted that—despite one less weekend than 2019—casino revenues were up 9.5% to $195 million. The two main combatants … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Indiana, Missouri, Penn National, PointsBet, Rush Street Gaming, Sexual misconduct, The Strip | 1 Comment