Category Archives: Colorado

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

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?

Bears and bulls at MGM; Uwazurike spells “idiot”

J.P. Morgan analyst Joseph Greff was pretty blunt about MGM Resorts International‘s mixed bag of 2Q23 numbers. “Carried by Macau,” he headlined his report, adding that the Las Vegas Strip was in line with expectations but regional casinos came up … Continue reading

Posted in Atlantic City, BetMGM, China, Colorado, Conventions, Derek Stevens, Detroit, Economy, Entertainment, FanDuel, Health, Internet gambling, Iowa, Las Vegas Raiders, Law enforcement, Macau, MGM Resorts International, Mississippi, Movies, Sports, Sports betting, The Strip, Wall Street | Comments Off on Bears and bulls at MGM; Uwazurike spells “idiot”

Bally’s all-but-done deal; Meruelo trashed

So long, Tropicana Las Vegas. Say hello, National Basketball Association and Major League Soccer. And let’s not forget lacrosse and badminton. Since there is no stadium deal for which the Nevada Lege will not bend over and grab its ankles, … Continue reading

Posted in Arizona, Bally, Baseball, Colorado, Election, GLPI, Health, Louisiana, Nevada, Politics, Problem gambling, Prostitution, Real Estate, Sahara, Sports, Station Casinos, Taxes | Comments Off on Bally’s all-but-done deal; Meruelo trashed

Storm in Atlantic City; Big trouble for sports betting

All was not sunny at Borgata last weekend. Our Atlantic City correspondent writes, “When we were driving back to Borgata, heavy rain started. As we pulled into MGM valet intake the wind was getting stronger. The luggage carts were starting … Continue reading

Posted in AGA, Atlantic City, Bally, Caesars Entertainment, California, Colorado, Cretins, Diversity, DraftKings, Entertainment, Golden Nugget, Hard Rock International, IGT, Illinois, International, Las Vegas Sands, Marijuana, Marketing, Maryland, Massachusetts, MGM Resorts International, Michigan, New Jersey, Penn National, Politics, Problem gambling, Regulation, Reno, Singapore, Sports betting, Tribal, Virginia | 2 Comments

Crime and punishment

Former casino overlord Donald Trump is monopolizing the headlines today but let’s not let him have all the fun. There’s plenty of other gaming-related news today. First and foremost, in the same week that Nashville has seen the latest in … Continue reading

Posted in Arizona, Australia, Barstool Sports, BetMGM, Caesars Entertainment, Colorado, Cretins, Crown Resorts, Dining, DraftKings, Dubai, FanDuel, Foxwoods, Hooters, Law enforcement, Mandalay Bay Massacre, MGM Resorts International, Nevada, Paragon Gaming, Regulation, Rush Street Gaming, Sports betting, The Strip, Wall Street, Wynn Resorts | 1 Comment

Tilman keeps his cool; New Jersey woes; Mega-Jottings

Don’t hold your breath if you’re waiting for Tilman Fertitta to break ground on what will probably be a Post Oak Hotel on the Las Vegas Strip. The mogul is keeping his powder dry, or as Truist Securities analyst Barry … Continue reading

Posted in Architecture, Atlantic City, Australia, Bally, Colony Capital, Colorado, Conventions, Dining, DraftKings, Economy, Golden Nugget, Hard Rock International, history, Illinois, Lake Tahoe, Louisiana, New Jersey, Paragon Gaming, Philippines, Politics, Regulation, Sports betting, Star Entertainment, Station Casinos, Texas, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, United Kingdom, Wall Street | 2 Comments

Full House flopping; The bull case for gaming and Vegas

We tweeted after the opening of The Temporary at American Place (yes, that’s its cumbersome nomeclature) that it was “a hit.” We were wrong. According to Full House Resorts CEO Dan Lee and CFO Lewis Fanger, The Temporary eked out … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, Colorado, Conventions, Cretins, Culinary Union, Dan Lee, Dining, Diversity, DraftKings, Economy, Full House Resorts, Hard Rock International, Health, Illinois, Lotteries, Marketing, Massachusetts, Nevada, Penn National, Regulation, Sports, Sports betting, Station Casinos, The Strip, Tourism, Wall Street | 3 Comments

Wynn, Golden report; Excalibur kitty caper; PointsBet busted

Citing “very encouraging” trends in Macao, analyst Joseph Greff of J.P. Morgan gave Wynn Resorts a favorable notice today. Without getting too much into the minutiae, Wynn execs cited rapidly improving VIP business, 96% hotel occupancy and a 34% uptick … Continue reading

Posted in Animals, Colorado, Golden Gaming, Laughlin, Macau, Marketing, Maryland, MGM Resorts International, Nevada, PointsBet, Security, Slot routes, Sports, Sports betting, The Strip, Wall Street, Wynn Resorts | Comments Off on Wynn, Golden report; Excalibur kitty caper; PointsBet busted

Sands impresses; Trump’s new Mob pal; Boardwalk blotter; Mega-Jottings

Wall Street was in a sunny mood this week after Las Vegas Sands‘ 4Q22 earnings presentation. As Credit Suisse analyst Ben Chaiken summarized, “two large takeaways in our view were strength in Singapore and what we felt was a positive … Continue reading

Posted in Animals, Atlantic City, Bally, Baseball, BetMGM, Caesars Entertainment, Charity, China, Colorado, Cretins, Derek Stevens, Dining, Donald Trump, Entertainment, FanDuel, Florida, history, IGT, Indiana, Iowa, Japan, Las Vegas Sands, Macau, Marijuana, Marketing, Massachusetts, Movies, New Jersey, New York, Pennsylvania, Politics, Singapore, South Korea, Sports, Sports betting, Taxes, Technology, Texas, The Mob, The Strip, Tilman Fertitta, Tourism, Transportation, Tribal, TV, Vici Properties, Wall Street | 4 Comments

Indiana flat, Missouri down; Bally’s happy talk; Miller loses it

Casinos in Indiana kept pace with 2021 last month, grossing $196 million. No prizes for guessing who was tops—Hard Rock Northern Indiana with $35.5 million, a 14% leap from the previous November. Horseshoe Hammond fell 16% but hung in there … Continue reading

Posted in AGA, Australia, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, China, Colorado, Conventions, DFS, DraftKings, Economy, FanDuel, Genting, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Law enforcement, Macau, Missouri, New Jersey, New York, Penn National, Regulation, Sports betting, Star Entertainment, Station Casinos, Tilman Fertitta, Tribal | Comments Off on Indiana flat, Missouri down; Bally’s happy talk; Miller loses it

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

Vici foresees blue skies; Ruffin + Athletics?; Phil the Shill

Vici Properties is sanguine about the U.S. economy, at least as it pertains to gambling. It can afford to be. Vici owns the real estate of 11 Las Vegas Strip casinos, which are sitting pretty these days. True, Vici lost … Continue reading

Posted in Australia, Baseball, Caesars Entertainment, Canada, Colorado, Donald Trump, DraftKings, Economy, Horseracing, Marketing, Maryland, Massachusetts, Phil Ruffin, Real Estate, Regulation, Sports, Sports betting, Star Entertainment, The Strip, Tourism, Vici Properties, Wynn Resorts | Comments Off on Vici foresees blue skies; Ruffin + Athletics?; Phil the Shill

Atlantic City surges; Barstool’s Portnoy problem resurfaces

Casino revenue leapt 24% in Atlantic City from last April 2021, pulling in $253 million. Slot revenue rose 21% on 18% more coin-in, easily offsetting a 3% decline in table revenue on flat wagering. Borgata lapped the field, catapulting 60% … Continue reading

Posted in Arkansas, Atlantic City, Bally, Barstool Sports, Boyd Gaming, Caesars Entertainment, Churchill Downs, Colorado, CQ Holdings, Cretins, DraftKings, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Louisiana, Marketing, Massachusetts, MGM Resorts International, Michigan, Mohegan Sun, Ocean Resort, Penn National, Regulation, Rush Street Gaming, Sports betting, Tribal, Wall Street, Wynn Resorts | 1 Comment

DraftKings spins Wall Street; Penn, Golden post records

That widening chasm between DraftKings‘ revenue projections ($2 billion in 2022) and its elusive profitability may be catching up with Jason Robins‘ company. Red ink from 1Q22 was $468 million, way up from 1Q21’s $346 million. Negative ROI shot up … Continue reading

Posted in Barstool Sports, California, Canada, Colorado, DraftKings, Golden Gaming, Horseracing, Laughlin, Marketing, Maryland, Massachusetts, Mattress Mack, MGM Resorts International, Nevada, New Jersey, New York, Penn National, Pennsylvania, Politics, Problem gambling, Slot routes, Sports betting, The Strip, Tribal, Wall Street | 1 Comment

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

Baccarat constrains Strip; Sports betting tsunami ahead

Withered baccarat numbers meant that the Las Vegas Strip had a muted February, only a percentage point above 2019. Players dropped $599 million (-44.5%) of which the house won just $62 million (-52%). That offset a bonny month at the … Continue reading

Posted in Boulder Strip, Caesars Entertainment, California, Colorado, Downtown, DraftKings, FanDuel, Indiana, Lake Tahoe, Laughlin, Marketing, Mesquite, North Carolina, Palms, Reno, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tourism, Transportation, Tribal, Wendover | Comments Off on Baccarat constrains Strip; Sports betting tsunami ahead

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

Boardwalk bulletin; George gesture from Apollo

Pressure to end smoking in New Jersey casinos continues to ramp up on legislators. Said former governor Richard Codey (now a state senator), “When I was governor, we passed smoke-free legislation that covered almost all of our state. Restaurants complained … Continue reading

Posted in Apollo Management, Architecture, Atlantic City, Bally, Caesars Entertainment, Colorado, Conventions, Dan Lee, Dining, Donald Trump, Genting, Golden Nugget, Health, Macau, Marketing, MGM Resorts International, Politics, Problem gambling, Regulation, Resorts World LV, Sports, Sports betting, Texas, The Strip, Virginia | 1 Comment

New boss at F-blue; Station: Five white guys; Atlantic City blitzed

Yes, Tom Brady has retired but there’s actually other news happening today. For starters, Fontainebleau has a new president. And not just any prexy but “a visionary leader for our next-generation luxury resort.” He’s Cliff Atkinson, late of Luxor. If … Continue reading

Posted in Atlantic City, Caesars Entertainment, CityCenter, Colorado, Culinary Union, Dining, Diversity, Fontainebleau, Hard Rock International, Horseracing, Illinois, Las Vegas Sands, Macau, MGM Resorts International, New York, Oregon, Pennsylvania, Real Estate, Singapore, Sports, Sports betting, Station Casinos, Taxes, The Strip, Tribal | 2 Comments