Category Archives: Florida

You can’t fix stupid; Good-bad news on the bayou

We live in an era of “alternative facts” and “false flag” narratives and, boy, are we the worse for it. It was only a matter of time before the gaming industry was on the receiving end of “false facts” and … Continue reading

Posted in Architecture, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Churchill Downs, CQ Holdings, Cretins, DFS, DraftKings, FanDuel, Florida, Golden Nugget, history, Las Vegas Raiders, Louisiana, Mohegan Sun, New York, Penn National, Planet Hollywood, Regulation, Seminole Tribe, Sports, Sports betting | 2 Comments

Sibella scandal spreads; Supremes forestall Seminoles

Flinging Resorts World Las Vegas CEO Scott Sibella to the wolves might not have saved Genting Group‘s bacon—and may have inflicted collateral damage on MGM Resorts International. According to the New York Post, the Sibella revelations have upset the once-universal … Continue reading

Posted in Caesars Entertainment, Culinary Union, Florida, Fontainebleau, Genting, Law enforcement, MGM Resorts International, Money laundering, New York, Regulation, Resorts World LV, Seminole Tribe, Sports, Sports betting, The Strip, Wynn Resorts | 3 Comments

MGM paralyzed; DraftKings debacle; Mount Airy wins

In a new kind of September 11 attack, MGM Resorts International was felled by a massive cybersecurity breach. From disabling digital room keys to kneecapping credit card systems (forcing transactions to be made in cash), it sent MGM back to … Continue reading

Posted in Atlantic City, BetMGM, Caesars Entertainment, China, Connecticut, Cosmopolitan, Cretins, DraftKings, Dubai, Florida, Hard Rock International, Health, Las Vegas Sands, Macau, Marketing, MGM Resorts International, Mississippi, Mohegan Sun, Ocean Resort, Ohio, Pansy Ho, Pennsylvania, Problem gambling, Regulation, Sports betting, Technology, The Strip, Wall Street | 1 Comment

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

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 Gaming gets its chain yanked, not always unfairly

We apologize for the dearth of hard news lately. Compounding a two-week vacation with the Fourth of July holiday hasn’t been good for keeping you, dear reader, in the loop. This week in particular has been so slow it’s practically … Continue reading

Posted in AGA, Arizona, Bally, Caesars Entertainment, Churchill Downs, Cordish Co., Florida, G2E, Golden Gaming, Health, history, Internet gambling, Maryland, MGM Resorts International, New Hampshire, New Jersey, Pennsylvania, Problem gambling, Regulation, Rhode Island, Seminole Tribe, Sports betting, Taxes, Vermont | Comments Off on Big Gaming gets its chain yanked, not always unfairly

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

Sands hailed; A’s to Vegas; Coney casino razzed; Mega-Jottings

First-quarter numbers for Las Vegas Sands were “nicely ahead” per J.P. Morgan analyst Joseph Greff, who said Sands’ Macao casinos were firing on all cylinders (mass-market play, VIP action, slots, retail and lodging). He expected Macanese cash flow of $304 … Continue reading

Posted in Australia, Bally, Baseball, California, China, CityCenter, Cordish Co., Cosmopolitan, Entertainment, Failsinos, Florida, Las Vegas Raiders, Las Vegas Sands, Louisiana, Macau, Mississippi, Nebraska, New York, Ohio, Phil Ruffin, Problem gambling, Racinos, Real Estate, Regulation, Reno, Singapore, Sports, Sports betting, Star Entertainment, Station Casinos, Steve Wynn, Taxes, The Strip, Tourism, Transportation, Tribal, Wall Street | Comments Off on Sands hailed; A’s to Vegas; Coney casino razzed; Mega-Jottings

Maryland dips; Boardwalk bulletin; Biden/BIA overreach

February was moderately unkind to Maryland casinos, which were down 3.5% from last year to reach $157 million. Top-grosser of course was MGM National Harbor, flat at $65.5 million. Reliable runner-up Maryland Live was close behind at $56 million, but … Continue reading

Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., Dining, Failsinos, Florida, Golden Gaming, Golden Nugget, Horseracing, International, Internet gambling, Marijuana, Maryland, MGM Resorts International, Nebraska, New York, Penn National, Racinos, Regulation, Security, The Strip, Tribal | 3 Comments

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

New F-blue CEO; Illinois mostly upbeat, Missouri not

Who in the world is Brett Mufson? Well, he’s the new president and CEO of Fontainebleau Las Vegas. Other than that, Jeffrey Soffer‘s company ain’t tellin’ much. We are informed that “Mufson’s instrumental leadership helped steer the company’s re-acquisition of … Continue reading

Posted in Bally, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Chicago, Churchill Downs, Cosmopolitan, Dining, DraftKings, Economy, FanDuel, Florida, Fontainebleau, Hard Rock International, history, Illinois, Las Vegas Sands, Macau, Mandalay Bay Massacre, MGM Resorts International, Missouri, Penn National, Regulation, Sports, Sports betting, The Strip, Tourism, Tribal, Vici Properties, Wynn Resorts, Wyoming | 1 Comment

NFL bettors sacked; Strip resort folds; Caesars plan panned

Life at S&G HQ is seriously clouded by the critical illness of a beloved fur baby. Nevertheless, we shall endeavor to gather our thoughts, starting with the consequences for bettors of the life-threatening Damar Hamlin injury on Monday Night Football. … Continue reading

Posted in Arizona, Atlantic City, Caesars Entertainment, Chicago, Derek Stevens, DraftKings, Economy, Entertainment, Failsinos, FanDuel, Florida, Genting, Georgia, Hard Rock International, Horseracing, International, Las Vegas Sands, LVCVA, Macau, MGM Resorts International, Nebraska, New Jersey, New York, Ohio, PointsBet, Politics, Racinos, Riviera, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, TV, Wall Street, Wynn Resorts | 1 Comment

Pennsylvania, Michigan cool; Cuban covets Texas casino

Heaven be praised for the coming of 2023, not because 2022 was bad (quite the contrary) but because Wall Street is addicted to measuring this year against 2019, not 2021 … which can be quite crazy-making. By that yardstick, Pennsylvania … Continue reading

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, California, Churchill Downs, Cordish Co., Detroit, DraftKings, FanDuel, Florida, Greenwood Racing, Idaho, Illitch Family, Internet gambling, Las Vegas Sands, MGM Resorts International, Michigan, Mohegan Sun, New York, Penn National, Pennsylvania, Politics, Real Estate, Rush Street Gaming, Sports, Sports betting, Steve Wynn, Texas, The Strip, Tilman Fertitta, Wall Street, WInd Creek, Wynn Resorts | 1 Comment

Atlantic City hops; NV regulators take a dive; Vagina monologue

November was a metaphorically warm month for Atlantic City, whose casino revenues grew 4% from last year, reaching $214.5 million. Spoiler alert, Borgata was way out front with $55 million, leaping 14%. Hard Rock Atlantic City dimmed 5% to a … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Brazil, Caesars Entertainment, Churchill Downs, CQ Holdings, Donald Trump, DraftKings, FanDuel, Florida, Golden Nugget, Hard Rock International, Indiana, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Law enforcement, Lotteries, Louisiana, Macau, Mattress Mack, MGM Resorts International, Michael Gaughan, Missouri, Mohegan Sun, New York, Ocean Resort, Penn National, Pennsylvania, Politics, Puerto Rico, Regulation, Rush Street Gaming, Seminole Tribe, Sports betting, Station Casinos, Tribal, Virginia, Wall Street, Westgate LV, Wisconsin | 2 Comments

Caesars, Penn dimmed; Barstool fined; Card room zinged

Both Caesars Entertainment and Penn Entertainment lost traction yesterday on Wall Street after Bank of America analyst Shaun Kelley downgraded the casino giants. His primary concern was a potential downturn in gaming, due to larger macroeconomic issues, that has yet … Continue reading

Posted in Barstool Sports, Caesars Entertainment, California, Card rooms, Florida, Illinois, Jack Entertainment, M Resort, Ohio, Penn National, Regulation, Seminole Tribe, Sports betting, Wall Street | 1 Comment

Dog & pony show; Snow job in Massachusetts melts

Yesterday’s Hard Rock International road show before the ostensibly investigative Nevada Gaming Control Board played out pretty much as expected. Hard Rock CEO Jim Allen effectively ran out the clock by dwelling on how Hard Rock would make over The … Continue reading

Posted in Atlantic City, BetMGM, Caesars Entertainment, Cirque du Soleil, Connecticut, Dining, Entertainment, Florida, Hard Rock International, Lotteries, Massachusetts, MGM Resorts International, Mohegan Sun, Nevada, North Carolina, Palms, Phil Ruffin, Regulation, San Manuel Band of Mission Indians, Seminole Tribe, South Carolina, Sports betting, The Strip, Tribal, Virgin Hotels, Virginia | Comments Off on Dog & pony show; Snow job in Massachusetts melts

Durango deal done; Apollo snows NV regulators (again)

Making good on a promise and a plan, Station Casinos offloaded 21 acres next to Durango Station (ab0ve) last week for $24 million. Not a bad score. The buyer is Ovation Development Corp., which will help seed Durango’s customer base … Continue reading

Posted in Apollo Management, Caesars Entertainment, Florida, Hard Rock International, history, Las Vegas Raiders, Marketing, Nevada, Real Estate, Regulation, Seminole Tribe, Sports, Sports betting, Station Casinos, The Strip, Wall Street | 4 Comments

MGM: Change partners and dance; 888 TKO’d

It’s Blackstone Group out, Vici Properties in at MGM Grand and Mandalay Bay, as Vici exercised its option over the half (OK, 49.9%) that it didn’t already own. Blackstone is $2.8 billion richer as a result, including $700 million in … Continue reading

Posted in Alabama, Arizona, Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, Conventions, DraftKings, Economy, Election, FanDuel, Florida, Genting, Golden Nugget, Internet gambling, Iowa, Las Vegas Raiders, Las Vegas Sands, Macau, Maryland, MGM Resorts International, Michael Gaughan, Nebraska, Politics, Puerto Rico, Racinos, Real Estate, Regulation, Sports betting, Taxes, Texas, The Strip, Tilman Fertitta, Tourism, Tribal, Vici Properties, Virginia, Wall Street, WInd Creek | Comments Off on MGM: Change partners and dance; 888 TKO’d

Killing spree on Strip; Tilman’s newest erection revealed

Alas, today’s top story is of the “If it bleeds, it leads” variety and is written out of sheer necessity, not desire. A thirty-something Latino man, Yoni Barrios, is in custody after going on a knife-wielding spree in front of … Continue reading

Posted in Bally, Caesars Entertainment, Canada, Chicago, Churchill Downs, Cordish Co., CQ Holdings, Florida, Golden Gaming, Indiana, Las Vegas Sands, Law enforcement, Louisiana, Maryland, Massachusetts, MGM Resorts International, Penn National, Sports betting, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 9 Comments