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- If you can’t beat ’em, cheat ’em; Fun & games
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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Bally’s opens, Chicago yawns; MGM, tree murderers
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- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
- David McKee on MGM crippled; Illinois & Indiana report; Bally’s shaky in Chi
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- Sibella scandal spreads; Supremes forestall Seminoles - 38,207 views
- Atlantic City rebounds; Sibella dumped; NFL suspicions - 38,057 views
- Profit vs. investment on the Strip - 1,054,629 views
- Lame nag; Frissora overpaid? - 467,886 views
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Category Archives: Wall Street
Bellagio bargain?; Shame on Maine; Trump seen slumming
Yup, it’s true. Blackstone Group is shopping the real estate assets of Bellagio as it draws down its Las Vegas Strip exposure. At least one Wall Street analyst thinks this would send a signal to the REIT industry that Strip … Continue reading
Posted in Atlantic City, Boyd Gaming, Caesars Entertainment, Conventions, Cosmopolitan, Cretins, Donald Trump, Entertainment, history, Law enforcement, Maine, MGM Resorts International, Real Estate, Regulation, Seminole Tribe, Sports betting, Station Casinos, The Rio, The Strip, Wall Street
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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
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Las Vegas: Strip up, locals down; God comes to Vegas
Gambling revenue from Nevada locals players dipped 2% last month. Now, before anyone shrieks “Recession!” or looks for the sky to fall, be it noted that we’re still streets ahead of 2019, which was the go-go ‘new normal.’ If, as … Continue reading
Atlantic City doldrums; Black Tuesday; Culinary wins one
Our man in Atlantic City has posted a flurry of dispatches, mainly concerning his new stomping ground, Harrah’s Resort. What you see above is the indoor pool, which doubles as a nightclub. When last visited, there was a (short) line … Continue reading
Posted in Animals, Atlantic City, Bally, Caesars Entertainment, Cretins, Culinary Union, Dining, DraftKings, Economy, Election, Entertainment, Fanatics, Hard Rock International, Health, Las Vegas Sands, Louisiana, Maine, Massachusetts, New York, Palms, PointsBet, Politics, Regulation, San Manuel Band of Mission Indians, Sports betting, Station Casinos, The Strip, Virginia, Wall Street
1 Comment
Las Vegas A-Z; Bally’s bumbles; Smoke gets in your face
Last week, Deutsche Bank analyst Carlo Santarelli hit town and gave a rundown of the major players in Sin City. His overall theses can be found at CDC Gaming Reports. Basically, it boiled down to Macao great, Las Vegas Strip … Continue reading
Posted in Bally, Baseball, BetMGM, Boyd Gaming, Caesars Entertainment, Conventions, Dining, Diversity, Donald Trump, Economy, Fontainebleau, Health, Indiana, Internet gambling, Kansas, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Mississippi, New York, North Las Vegas, Ohio, Politics, Sports betting, Station Casinos, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts
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Adios, Tropicana; Wynn’s beat goes on; Sex & OSB
As much as we sensed it was coming and were resigned to it, it’s sad to know that the Tropicana Las Vegas has been marked for imminent death. The Las Vegas Strip dowager is showing her years, admittedly, but she’s … Continue reading
Posted in Australia, Bally, Baseball, Chicago, Diversity, GLPI, history, Iowa, Macau, Marketing, Massachusetts, Phil Ruffin, Politics, Problem gambling, Regulation, Riviera, Sahara, Sports, Sports betting, Station Casinos, Taxes, The Strip, Wall Street, Wynn Resorts
1 Comment
Bally’s bombs twice over; Buffets (bad ones) return
What passes for entertainment at Bally’s Atlantic City continues to go over like a lead balloon with our man on the Boardwalk. Underwhelmed by the big second-quarter, tentpole event—a former Billy Joel backup singer—he notes acidly that nothing else is … Continue reading
Caesars satisfies; Knee-Jerlecki response; Press-ed out
Wall Street analysts rolled over and lit a cigarette after hearing Caesars Entertainment‘s first-quarter earnings call. J.P. Morgan analyst Joseph Greff said the results were pretty much as expected “with Las Vegas Strip upside more (way more) than offsetting a … Continue reading
Posted in Atlantic City, Bally, Conventions, Dining, Economy, Golden Nugget, Health, Indiana, Louisiana, Mesquite, MGM Resorts International, Missouri, Mohegan Sun, Nebraska, Ocean Resort, Ohio, Pahrump, Penn National, Reno, Sports betting, The Strip, Tourism, Transportation, Virginia, Wall Street, Wendover
3 Comments
Wynn’s Arabian nights; White Paper no whitewash
Resisting the temptation to call it Aladdin 2.0, executives at Wynn Resorts unveiled designs of their United Arab Emirates casino resort, Wynn Al Marjan Island. Noting that its’ the company’s first oceanfront resort, Wynn is quick to assure us that … Continue reading
Posted in Architecture, Bally, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, Full House Resorts, Illinois, International, Internet gambling, Las Vegas Sands, Macau, Money laundering, New Hampshire, New York, Politics, Problem gambling, Regulation, Slot routes, TV, United Kingdom, Virginia, Wall Street, Wynn Resorts
1 Comment
Boyd praised; Graft at Wynn?; NFL hypocrisy
Wall Street analysts loved up on Boyd Gaming following its 1Q23 earnings call. Boyd, Deutsche Bank analyst Carlo Santarelli wrote, “delivers another strong performance … the merits of the story remain compelling on a relative basis.” He pushed his price … Continue reading
Posted in Baseball, Boyd Gaming, Caesars Entertainment, California, Detroit, Dining, Downtown, FanDuel, Hawaii, Illinois, Internet gambling, Louisiana, Mississippi, Penn National, Real Estate, Reno, Service, Slot routes, Sports, Sports betting, Station Casinos, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts
2 Comments
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
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Control Board buffoonery; Super-Mega-Jottings
Well, it didn’t take Nevada Gaming Control Board member George Assad long to stick his foot in it. No sooner had we prophetically called him a regulatory “doofus” than news surfaced of some most-unbecoming conduct during an NGCB hearing. Specifically, … Continue reading
Posted in Bally, BetMGM, Caesars Entertainment, Canada, Chicago, Cordish Co., Cretins, Detroit, Diversity, Downtown Grand, DraftKings, FanDuel, Genting, Hard Rock International, Health, history, Illinois, Japan, Jim Murren, Kansas, Kentucky, Las Vegas Sands, Louisiana, Macau, Massachusetts, MGM Resorts International, Missouri, Nevada, New York, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports betting, Station Casinos, Steve Wynn, Taxes, Technology, Texas, Wall Street, Wynn Resorts
2 Comments