Category Archives: Tribal

If you can’t beat ’em, cheat ’em; Fun & games

No, this isn’t about politics. Or maybe it is. Either way, it’s another chapter in the crony-capitalism, juiced-in deal Washington, D.C.’s puppet government made with Intralot. Along with the Washington D.C. Lottery, Intralot is parent of that malign progeny GamebetDC. … Continue reading

Posted in Architecture, Caesars Entertainment, Cordish Co., Cretins, Culinary Union, Dining, Economy, Election, G2E, Hard Rock International, Health, history, International, Jim Murren, MGM Resorts International, North Carolina, Oklahoma, Pennsylvania, Politics, Problem gambling, Silverton, Sports, Sports betting, The Strip, Transportation, Tribal, Wall Street | Comments Off on If you can’t beat ’em, cheat ’em; Fun & games

Pennsylvania soggy; Epic fail in North Carolina

At first blush, Pennsylvania‘s gambling economy looks all right, up 1% from August of 2019 and 2% from last year. But factor in the plethora of new casinos that have entered the fray and the Keystone State is down 14% … Continue reading

Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Detroit, DraftKings, Economy, FanDuel, FoxBet, Greenwood Racing, Horseracing, Illitch Family, Internet gambling, MGM Resorts International, Michigan, Mohegan Sun, North Carolina, Penn National, Pennsylvania, Politics, Real Estate, Rush Street Gaming, Slot routes, Sports betting, Tribal, WInd Creek, Wynn Resorts | Comments Off on Pennsylvania soggy; Epic fail in North Carolina

Bally’s opens, Chicago yawns; MGM, tree murderers

Chicago‘s first casino opened to “dozens of people” Saturday. Only dozens? That’s not a good sign for Bally’s Corp. It’ll need to stir up a lot more excitement than that if it’s to make back its nut on $1.7 billion … Continue reading

Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, CityCenter, DraftKings, Dubai, Environment, FanDuel, Genting, history, Japan, Jim Murren, Las Vegas Raiders, Mandalay Bay Massacre, Marketing, MGM Resorts International, Missouri, Nevada, New York, Penn National, Politics, Problem gambling, Regulation, Sports, Sports betting, Taxes, The Strip, Tourism, Transportation, Tribal, Virginia, Wall Street, Wynn Resorts | 2 Comments

New York: Trump out, Bally’s in; North Carolina Lege flops

New York City will be stuck with failed casino owner Donald Trump‘s name on an overpriced public golf course until 2035 … unless Bally’s Corp. can swing a deal to buy the obstreperous mogul out of his lease with the … Continue reading

Posted in Apollo Management, Atlantic City, Bally, Chicago, Colorado, Cordish Co., Culinary Union, Dining, Donald Trump, Hard Rock International, Health, history, MGM Resorts International, Nebraska, New Mexico, New York, North Carolina, Politics, Problem gambling, Racinos, Real Estate, Regulation, Security, Sexual misconduct, Sports betting, Taxes, Technology, The Strip, Tribal, Virginia, William Hill, Wisconsin | 2 Comments

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

Nevada’s mixed forecast; The mystery of the Playboy chips

Fueled by a record July at Reid International Airport, casinos on the Las Vegas Strip surged 8% in July, hitting $835 million. This was the highest single-month haul on the Strip ever, surpassing December 2022 by $20 million. Slot win … Continue reading

Posted in Boulder Strip, Donald Trump, Downtown, Genting, history, Lake Tahoe, Laughlin, Massachusetts, Mesquite, Neil Bluhm, New Jersey, North Las Vegas, Politics, Regulation, Reno, The Strip, Tribal, Wendover | Comments Off on Nevada’s mixed forecast; The mystery of the Playboy chips

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

Macao powers Wynn; Indiana down, Missouri flat

Sounding pleased with Wynn Resorts (“Upside across the board”), J.P. Morgan analyst Joseph Greff lauded its 2Q23 performance as “solid,” without budging from his “Overweight” rating or $142/share price target. That’s despite Wynn blowing past Greff’s cash-flow estimates for Macao, … Continue reading

Posted in AGA, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Dining, DraftKings, FanDuel, Full House Resorts, Genting, Hard Rock International, Health, Illinois, Indiana, Internet gambling, Macau, Massachusetts, MGM Resorts International, Missouri, New York, Penn National, PointsBet, Problem gambling, Rush Street Gaming, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wall Street, Wynn Resorts | Comments Off on Macao powers Wynn; Indiana down, Missouri flat

Portnoy, Penn splitsville; Full House fire sale?

Like bad sex, the connubial bliss between Penn Entertainment and Barstool Sports ended abruptly. Cretinous Dave Portnoy becomes someone else’s problem child following the second-quarter-earnings revelation that Barstool was being sold back to its founder, jilted in favor of much … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Canada, Chicago, Colorado, Connecticut, Cretins, Dan Lee, Donald Trump, DraftKings, FanDuel, Florida, Foxwoods, Full House Resorts, Health, Illinois, Lake Tahoe, Las Vegas Raiders, Missouri, Mohegan Sun, Penn National, Politics, Regulation, Sexual misconduct, Sports, Sports betting, Tribal, TV, Wall Street, Westgate LV | Comments Off on Portnoy, Penn splitsville; Full House fire sale?

Big Apple dream; BetMGM welshes; Dekkers: Mom’s to blame

Developer Larry Silverstein‘s PR peeps released additional renderings of The Avenir over the weekend and they are certainly impressive. Few additional details of the proposed resort have been made available but the striking exterior is the work of veteran casino … Continue reading

Posted in Architecture, Arizona, Barstool Sports, BetMGM, Caesars Entertainment, Conventions, Cretins, DraftKings, Economy, FanDuel, Greenwood Racing, IGT, International, Iowa, Law enforcement, Lotteries, New York, Politics, Rush Street Gaming, Sports, Sports betting, Tribal, United Kingdom, Wall Street, Wynn Resorts | Comments Off on Big Apple dream; BetMGM welshes; Dekkers: Mom’s to blame

Strip flattens, locals fade; Analysts mixed on Boyd

While not as bad as Deutsche Bank expected (-8%), June revenues on the Las Vegas Strip of $727 million were a disappointment, down 1%. And May’s brief flurry of hope from Las Vegas locals players faded fast as their losses … Continue reading

Posted in Architecture, Aristocrat, Boulder Strip, Boyd Gaming, California, Downtown, Entertainment, FanDuel, Illinois, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Movies, North Las Vegas, Reno, Slot routes, Sports, Sports betting, The Strip, Tribal, Wall Street, Wendover | Comments Off on Strip flattens, locals fade; Analysts mixed on Boyd

Silence of the ponies; New boss for Virgin, new Mirage hope

Kentucky Derby fallout continues to reverberate around Churchill Downs, leading to a 2Q23 earnings miss. A mass die-off of horses during the Run for the Roses caused the flagship track to be closed and races shifted to Ellis Park. Cash … Continue reading

Posted in AGA, Atlantic City, Century Casinos, Churchill Downs, Cordish Co., Fontainebleau, Greenwood Racing, Hard Rock Hotel, Hard Rock International, Health, history, Horseracing, Kentucky, Louisiana, Marketing, Maryland, Mohegan Sun, North Carolina, Politics, South Korea, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia, Wall Street | 1 Comment

Michigan hops, Bally’s flops and Stitt’s in hot water

Detroit casinos continue to be outperformed by their Internet rivals. Last month saw $151 million in online gambling revenue against $102 million from terrestrial, private-sector casinos. Sports betting chipped in $18 million. Revenue for the three Motown casinos was up … Continue reading

Posted in Bally, Barstool Sports, BetMGM, Caesars Entertainment, Detroit, Dining, DraftKings, FanDuel, Illitch Family, Internet gambling, Marketing, Massachusetts, MGM Resorts International, Michigan, Movies, Oklahoma, Penn National, Politics, Regulation, Rush Street Gaming, Sports betting, Tribal, Wynn Resorts | Comments Off on Michigan hops, Bally’s flops and Stitt’s in hot water

Walk of Shame; F-blue aflame; More Stitt stupidity

Shame on the District of Columbia. Its embattled leadership has yanked away $200,000 in funding for treatment of disordered gambling. You’d think that would be a priority item for a city whose government is partly funded by sports betting … … Continue reading

Posted in Cretins, Fontainebleau, Health, International, Japan, MGM Resorts International, Oklahoma, Politics, Problem gambling, Regulation, Sexual misconduct, Sports betting, Steve Wynn, Technology, The Strip, Tribal | Comments Off on Walk of Shame; F-blue aflame; More Stitt stupidity

Louisiana still sinking; Insult from the Lege; Japan follies

Horseshoe Lake Charles continues to prop up Louisiana casino revenues, which were down 2% last month compared to -6.5% if Horseshoe is subtracted. The statewide gross was $196 million. Visitation overall was up 3% but gamblers clutched their purse strings, … Continue reading

Posted in Apollo Management, Architecture, Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, CQ Holdings, Golden Nugget, IGT, International, Internet gambling, Japan, Kansas, Lawrence Ho, Louisiana, Melco Resorts & Entertainment, MGM Resorts International, Nevada, Ocean Resort, Penn National, Pennsylvania, Phil Ruffin, Politics, Rush Street Gaming, Sports betting, Station Casinos, Technology, The Strip, Tribal | Comments Off on Louisiana still sinking; Insult from the Lege; Japan follies

Casinos boffo everywhere: Unite-Here dumbassery

Beating Wall Street expectations comfortably, Las Vegas Sands reported cash flow of $973 million yesterday. Wall Street had expected $939 million from the second quarter while a more optimistic Joseph Greff of J.P. Morgan had projected $964 million. Macao-derived revenues … Continue reading

Posted in Arizona, Atlantic City, Barstool Sports, Boyd Gaming, Caesars Entertainment, California, China, Churchill Downs, Cordish Co., Cretins, Dining, DraftKings, FanDuel, Greenwood Racing, Health, Illinois, Internet gambling, Las Vegas Sands, Macau, Mohegan Sun, New Jersey, Ocean Resort, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Singapore, Sports betting, Tourism, Transportation, Tribal, TV, Unite-Here, Wall Street, WInd Creek | 1 Comment

F-blue, Rio approved; Indiana down again; Biden smoked

Fontainebleau owner Jeffrey Soffer and top exec Brett Mufson are certain to be approved after their audition for the Nevada Gaming Control Board. And why not? Aside from an ancient tax issue involving the Town Square mall, there’s nothing untoward … Continue reading

Posted in Animals, Architecture, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, DraftKings, Entertainment, Environment, FanDuel, Fontainebleau, Genting, Hard Rock International, Health, history, Indiana, International, Internet gambling, Kazuo Okada, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Movies, New York, North Carolina, Ocean Resort, Ohio, Penn National, Politics, Regulation, Resorts World LV, Seminole Tribe, Sports, Sports betting, Taxes, The Rio, Tribal, Virgin Hotels, Virginia, Wall Street, Washington State, Wynn Resorts | 4 Comments

Rio makeover due; DraftKings stiffs you; Las Vegas deemed #1

Having been spared being the next home of the miserable Oakland Athletics, now The Rio faces the question of whether there’s life after Caesars Entertainment. To that end, owner Dreamscape Cos. is going to try to go it alone as … Continue reading

Posted in Architecture, Australia, Caesars Entertainment, Dining, DraftKings, Galaxy Entertainment, Health, history, Illinois, Law enforcement, Macau, Marketing, Minnesota, Palms, Rush Street Gaming, Sports, Sports betting, The Rio, The Strip, Tribal, Virgin Hotels, Virginia, Wall Street, WInd Creek | Comments Off on Rio makeover due; DraftKings stiffs you; Las Vegas deemed #1

A big win for DeSantis; Churchill Downs fired; Mega-Jottings

Private-sector gambling operators got some very bad news from the District of Columbia Circuit of the U.S. Court of Appeals. The latter, in a very broad construal of the Indian Gaming Regulatory Act, ruled that the Seminole Tribe—and by implication, … Continue reading

Posted in Alex Meruelo, Arizona, Atlantic City, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Dining, Donald Trump, DraftKings, Eldorado Resorts, Entertainment, FanDuel, Florida, Fontainebleau, Golden Nugget, Hard Rock International, Illinois, Internet gambling, Jack Entertainment, Marketing, MGM Resorts International, New Hampshire, New York, Ohio, Penn National, Pennsylvania, Politics, Real Estate, Regulation, Reno, Rush Street Gaming, Seminole Tribe, Sports betting, Technology, The Strip, Tribal, TV, Wynn Resorts | 1 Comment

Michigan, Pennsylvania strong online; Mega-Jottings

Our vacation has taken us to the wilds of Michigan, so today’s report will start there. Detroit‘s three casinos raked in $105 million last month, a 1.5% decline from May of last year. But it was a terrific month for … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, California, Chicago, Churchill Downs, Cordish Co., Detroit, DraftKings, FanDuel, Florida, FoxBet, Genting, Greenwood Racing, Illitch Family, Internet gambling, Massachusetts, MGM Mirage, Michigan, Mohegan Sun, Nebraska, Penn National, Pennsylvania, PointsBet, Racinos, Real Estate, Rush Street Gaming, Sports betting, Tourism, Tribal, Virginia, WInd Creek, Wynn Resorts | Comments Off on Michigan, Pennsylvania strong online; Mega-Jottings