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- David McKee on Sibella scandal spreads; Supremes forestall Seminoles
- Ray Lebowski on Sibella scandal spreads; Supremes forestall Seminoles
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Category Archives: Missouri
Wynn impresses; Curse of the Mummy’s Tomb; Culinary bombs
Wall Street analysts were across-the-board upbeat on Wynn Resorts‘ 3Q22 performance, as high-end casinos in Las Vegas continue to flourish. Although he categorized himself as “neutral,” given the evolving situation in Macao, analyst Joseph Greff of J.P. Morgan encapsulated third-quarter … Continue reading
Posted in Apollo Management, Boyd Gaming, Caesars Entertainment, California, Century Casinos, China, Culinary Union, Economy, Election, Failsinos, history, International, Internet gambling, Macau, Massachusetts, Mattress Mack, Missouri, New York, Penn National, Sheldon Adelson, Sports betting, Steve Wynn, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts
2 Comments
Voyage to Vegas, Part One
Not us. We’re in Vermont, vacationing. But Deutsche Bank analyst Carlo Santarelli trekked to Sin City and met with representatives of eight companies. We’ll start with MGM Resorts International, which waxed pretty darn upbeat. In Las Vegas, MGM’s strength lies … Continue reading
Posted in Arizona, Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, California, Canada, CityCenter, Cosmopolitan, Culinary Union, Election, Fontainebleau, Genting, Hard Rock International, Indiana, Internet gambling, Iowa, Las Vegas Sands, Louisiana, Macau, MGM Resorts International, Missouri, Nebraska, New Jersey, New York, North Carolina, Palms, Penn National, Pennsylvania, Philippines, Politics, Singapore, Sociedade de Jogos de Macau, Sports, Sports betting, The Strip, Virginia, Wall Street
3 Comments
Horseshoe boosts St. Louis; U.K. gaming reform slowed
Gambling continues to prosper in Missouri, where August receipts ($161 million) were 5.5% above last year’s. Visitation was actually down 5% but per-player spending rose 11%, inflation be damned. Ameristar St. Charles was out front with $26.5 million, leaping 9%. … Continue reading
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
Crimes and misdemeanors
Whoever killed reporter Jeff German may not be too terribly smart. Las Vegas Metro released photos of its prime suspect, dressed in “a bright orange reflective long-sleeve shirt, a pair of jeans and a straw hat that covered much of … Continue reading
Posted in California, Election, International, Kansas, Kazuo Okada, Law enforcement, Lotteries, Massachusetts, Missouri, New Jersey, New York, Pennsylvania, Philippines, Politics, Problem gambling, Regulation, Scientific Games, Sexual misconduct, Sports betting, Steve Wynn, Taxes, Tribal, Wynn Resorts
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Sports betting doomed in California?; Much heat, light at G2E
We wouldn’t have believed it but it appears that both California sports-betting ballot initiatives could go down to defeat in November. While we favor sports betting, on principle, we don’t have a dog in this fight. Both Proposition 26 (tribal) … Continue reading
Posted in Atlantic City, Australia, Bally, Baseball, Caesars Entertainment, California, Century Casinos, Economy, Election, G2E, Georgia, Golden Gaming, Golden Nugget, Hard Rock International, International, Japan, Law enforcement, Maryland, MGM Resorts International, Missouri, Nevada, New Jersey, Politics, Regulation, Reno, Singapore, Slot routes, South Korea, Sports, Sports betting, The Strip, Tribal, Vici Properties, Wall Street
2 Comments
Missouri up, Ohio down; Wynn hits records; Station flexes
After a somnolent Tuesday, all heck has erupted in the gaming universe and we’ll try to cram at least some of it into today’s dispatch. Gaming revenues continue to flicker here and there, while remaining high heavens above 2019’s outstanding … Continue reading
Posted in Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, China, Churchill Downs, Economy, Hard Rock International, Health, International, Internet gambling, Jack Entertainment, Macau, Massachusetts, MGM Resorts International, Missouri, Ohio, Penn National, Real Estate, Sports betting, Station Casinos, The Strip, Wall Street, Wynn Resorts
1 Comment
Macao is closed; Mixed signals from the Midwest
Effective today, all casinos in Macao have closed, in governmental reaction to a spike in Covid-19 cases. “Only essential businesses like supermarkets, gas stations, and pharmacies will remain open.” In other words, just when you thought things couldn’t get any … Continue reading
Posted in Atlantic City, Bally, Boyd Gaming, Caesars Entertainment, Century Casinos, Chicago, Churchill Downs, Conventions, Cosmopolitan, Crown Resorts, Dining, DraftKings, Hard Rock International, Health, Illinois, International, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Penn National, Sociedade de Jogos de Macau, United Kingdom, Wall Street, Wynn Resorts
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Strip perceives no inflation woe; Union sells out workers health
Truist Securities analyst Barry Jonas recently took a tour of Las Vegas‘ C-suites, meeting with executives of seven companies. He concluded that “Despite market sentiment, operators remain generally positive.” Both the Las Vegas Strip and the recently declining locals market … Continue reading
Posted in Atlantic City, Bally, Chicago, Conventions, Derek Stevens, Economy, G2E, Golden Nugget, Health, Internet gambling, Law enforcement, Missouri, Mohegan Sun, New Jersey, Regulation, Rhode Island, Slot routes, Sports betting, The Strip, Tourism, Unite-Here, United Kingdom, Wall Street
1 Comment
Massachusetts upbeat; Station defiant; Atlantic City stalemate
Casinos in the Bay State clocked $91 million in revenue last month, a 5% improvement on last year. Encore Boston Harbor led the tiny pack with $58 million, growing 9.5%. Next up was MGM Springfield, performing surprisingly well. It was … Continue reading
Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, California, Churchill Downs, Derek Stevens, Economy, Election, Galaxy Entertainment, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Mohegan Sun, North Carolina, Ocean Resort, Peninsula Pacific, Penn National, Politics, Regulation, Slot routes, Sports betting, Station Casinos, Tourism, Transportation, Tribal, Unite-Here, Wynn Resorts
1 Comment
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
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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
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
Barley’s leaves a bad taste; Woe is Star; Mega-Jottings
When a casino is named Barley’s Brewing Co. you’d expect to get a decent glass of suds there. Not so. Las Vegan Lon Enwright is $8 million richer—but physically damaged beyond price—after being served cleaning fluids instead of beer (the … Continue reading
Posted in Australia, Baseball, Boulder Strip, Charity, China, Conventions, Crown Resorts, Derek Stevens, history, Japan, Kentucky, Massachusetts, MGM Resorts International, Missouri, Money laundering, Movies, New Jersey, Politics, Regulation, Resorts World LV, Singapore, Sports, Sports betting, Star Entertainment, Station Casinos, Tourism, Transportation, Tribal, Wall Street, Wisconsin
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