Category Archives: Ameristar

Wynn: Paradise deferred

Perhaps it’s the distraction caused by casino legalization in Japan. Perhaps it’s the cost creep (now up to $2.4 billion) at Wynn Boston Harbor. Whatever the reason, Wynn Resorts has scaled down its plans for Wynn Paradise Park. Rest assured, … Continue reading

Posted in Ameristar, Economy, Entertainment, Indiana, Iowa, Macau, Massachusetts, Mississippi, Steve Wynn, The Strip, Wall Street, Warner Gaming | Leave a comment

Warm spring in the Midwest; Vegas Vic gets political

Don’t believe anyone who says the economy is bad: Casino takings are up all across the Midwest. The biggest gain was in Ohio, where casino win rose 7%, even though players continue to blow off Jack Cleveland ($18 million, -8%). … Continue reading

Posted in Affinity Gaming, Ameristar, Animals, Archon Corp., Boyd Gaming, California, Dan Gilbert, Downtown, Eldorado Resorts, Full House Resorts, Harrah's, Indiana, Isle of Capri, Law enforcement, Majestic Star, Missouri, Ohio, Penn National, Pinnacle Entertainment, PokerStars, Politics, Racinos, Tropicana Entertainment, Wayne F. Newton | Leave a comment

Sports betting a political football; Lucky Dragon doing just fine

Lawmakers in Maryland are entering the fray over sports betting. Unlike their counterparts in New Jersey, they’re not challenging the federal government directly. The proposed law, as drafted, would make sports betting legal in the Free State *if* the Bradley … Continue reading

Posted in Ameristar, Boyd Gaming, Cordish Co., Delaware, Dining, Donald Trump, Georgia, GLPI, Harrah's, Hawaii, Internet gambling, Isle of Capri, Lucky Dragon, Macau, Maryland, MGM Mirage, Mississippi, Missouri, Neil Bluhm, New York, Penn National, Philippines, Pinnacle Entertainment, Politics, Racinos, Singapore, Sports, Steve Wynn, The Strip, Tourism, Tropicana Entertainment, Wall Street | Leave a comment

Mixed results in Indiana; New Hampshire tries, tries, tries again

Casino revenue was down 4% last month in Indiana but, with one less weekend than last year and a 6% decline in foot traffic, I’m disinclined to read too much into the results. However, just for the record, let’s look … Continue reading

Posted in Ameristar, Boyd Gaming, Full House Resorts, GLPI, Harrah's, Indiana, Majestic Star, Mississippi, New Hampshire, Penn National, Pinnacle Entertainment, Politics, Racinos, Regulation, Sports, Tropicana Entertainment, TV | Leave a comment

A slight chill in the air

Even allowing for additional weekend in 2016, gaming results last month were a tad frosty,  shall we say? The best market was Missouri, which was merely flat. That was largely due to strength in the St. Louis area, where Pinnacle … Continue reading

Posted in Affinity Gaming, Ameristar, Boyd Gaming, Economy, Eldorado Resorts, Full House Resorts, GLPI, Harrah's, Indiana, Isle of Capri, Majestic Star, Missouri, Nevada, Ohio, Penn National, Pinnacle Entertainment, Racinos, Tourism, Tropicana Entertainment | Leave a comment

Macao: Big brother is watching; Quandary in Indiana

Just as it looked that Macao was beginning to climb out of one government-created crisis, along comes another. According to a report in the South China Morning Post, the central government was cutting the maximum withdrawal amount from UnionPay ATMs … Continue reading

Posted in Ameristar, Boyd Gaming, Full House Resorts, GLPI, Harrah's, Indiana, Macau, Majestic Star, Penn National, Pinnacle Entertainment, Racinos, Regulation, Sheldon Adelson, Singapore, Tropicana Entertainment, Wall Street | Leave a comment

Mixed bag in Indiana; Don’t mess with Massachusetts

One less weekend day in October helped depress casino revenues in Indiana, down 3%. However, individual property results were all over the place, making generalizations perilous. For instance, Majestic Star II in Gary was down 9%, to $5 million, but … Continue reading

Posted in Ameristar, Boyd Gaming, Election, Full House Resorts, Harrah's, Indiana, Law enforcement, Lawrence Ho, Macau, Majestic Star, Marketing, Massachusetts, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Steve Wynn, Tropicana Entertainment | Leave a comment

Straub makes some odd choices; Tiverton still up for grabs

Glenn Straub won one round, lost another in his quest to revive Revel as Ten. On Oct. 18, he received a certificate of occupancy, paving the way for him to reopen the property. (Last spring’s effort was a Chinese fire … Continue reading

Posted in Affinity Gaming, Ameristar, Atlantic City, Election, Glenn Straub, GLPI, Hard Rock International, Isle of Capri, Kansas, Massachusetts, Missouri, Penn National, Pinnacle Entertainment, Regulation, Revel, Rhode Island, Tropicana Entertainment, Trump Entertainment Resorts | Leave a comment

Missouri is doing just fine, thanks; Cautious hope for Moulin Rouge

Pinnacle Entertainment did a masterful job of managing expectations in its quarterly earnings call, citing disruptive road work around Ameristar St. Charles as a potential setback from the property. Today, Missouri released its July gaming results and — surprise — … Continue reading

Posted in Ameristar, Downtown, Environment, G2E, Golden Gaming, Harrah's, Isle of Capri, Macau, Marketing, Melco Crown Entertainment, MGM Mirage, Missouri, Moulin Rouge, Penn National, Pinnacle Entertainment, Sports, Steve Wynn, Tropicana Entertainment | Leave a comment

Indiana gamblers visit less, play more; Rude surprise at Seminole Hard Rock

Indiana casino customers visited less last month but more than made up for it with increased spending, keeping Hoosier State gaming revenues stable. That even-keel figure conceals some big swings and roundabouts at individual property. Horseshoe Hammond had an unaccountably … Continue reading

Posted in Ameristar, Boyd Gaming, Cirque du Soleil, Dining, Florida, Full House Resorts, GLPI, Hard Rock International, Harrah's, Illinois, Indiana, MGM Mirage, Penn National, Pinnacle Entertainment, Racinos, Seminole Tribe, Slot routes, Transportation, Tropicana Entertainment | 1 Comment

New casinos propel Iowa; Cal Neva goes bankrupt

We don’t report Iowa casino results very much, partly because the market overwhelmingly consists of small casinos with grosses to match. Given their modest grosses, a minor fluctuation can be magnified. Even so, last month’s 5% bounce is worth discussing. … Continue reading

Posted in Ameristar, Boyd Gaming, Dan Gilbert, Eldorado Resorts, Election, Harrah's, Iowa, Isle of Capri, Lake Tahoe, Massachusetts, Ohio, Penn National, Pinnacle Entertainment, Reno, Scientific Games, Wall Street, Warner Gaming | Leave a comment

Indiana celebrates 20 years of casinos; Racinos gain traction in Nebraska

“I read that one of the steel plants is closing more lines. We have 70 jobs open right now,” says Horseshoe Hammond General Manager Dan Nita, alluding to the resiliency of the Indiana casino industry, which is celebrating 20 years. … Continue reading

Posted in Ameristar, Don Barden, Donald Trump, Economy, Election, Entertainment, Genting, Harrah's, Indiana, Iowa, Majestic Star, Marketing, Minnesota, Nebraska, Pinnacle Entertainment, Sheldon Adelson, Singapore, Tribal, Warner Gaming | Leave a comment

Indiana market battered; Foxwoods branches out

One less weekend of business hit Indiana casinos fairly hard last month. The state’s industry was down 7%, to $186 million. Patrons were spending more — a heartening metric — but foot traffic was off nearly 12%. However, even less … Continue reading

Posted in Ameristar, Boyd Gaming, Full House Resorts, Georgia, GLPI, Harrah's, Indiana, Majestic Star, Mississippi, Penn National, Pinnacle Entertainment, Racinos, Texas, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Poker Stars changes Atlantic City landscape; MGM budges (slightly) on parking fees

An extra month helped Atlantic City post a banner April, up 6%. Citywide, 5% higher slot handle produced a corresponding increase in revenue, while 4.5% table-game wagering translated into 10% more winnings for the house. Borgata ($56 million) was up … Continue reading

Posted in Ameristar, Atlantic City, Boyd Gaming, CityCenter, Golden Gaming, Harrah's, International, Internet gambling, Iowa, Isle of Capri, MGM Mirage, Mohegan Sun, Pinnacle Entertainment, PokerStars, Racinos, Sports, The Strip, Tropicana Entertainment, Warner Gaming | Leave a comment

Balmy spring for Ohio, Missouri; Pinnacle beats estimates

Ohio had a particularly good April, with gaming revenue up 9%. Coin-in rose 8% at the slots while table game revenue was up 5% despite 3% less wagering. Penn National Gaming, Caesars Entertainment and Pinnacle Entertainment all posted revenue-positive months, … Continue reading

Posted in Ameristar, Dan Gilbert, Eldorado Resorts, Golden Gaming, Hard Rock International, Harrah's, Isle of Capri, Louisiana, Missouri, Ohio, Penn National, Pinnacle Entertainment, Tropicana Entertainment, Wall Street | Leave a comment

Station snapping up Palms?

Just when you thought Station Casinos was taking a nap, it up and surprises you. According to LVA sources, Station has purchased the Palms, bringing it nearer the Strip than ever and lending an extra cachet of hipness to the … Continue reading

Posted in Ameristar, Columbia Sussex, George Maloof, history, North Las Vegas, Palms, Station Casinos, The Strip | Leave a comment

Warm spring for Indiana; Trouble ahead for Packer and Ho

While Illinois casinos were flat last month, the action was livelier next door in Indiana. Admissions declined 4%, meaning that players were spending 9%, as casino revenues rose 5%. The percentage champion was Tropicana Evansville, up 17% on an $11 … Continue reading

Posted in Ameristar, Boyd Gaming, Donald Trump, Full House Resorts, Harrah's, Indiana, International, James Packer, Lawrence Ho, Macau, Majestic Star, Melco Crown Entertainment, Penn National, Pinnacle Entertainment, Racinos, Sheldon Adelson, Steve Wynn, Tropicana Entertainment, Wall Street | 1 Comment

Sexcapade case closed; GLPI/Pinnacle deal a certainty

Followers of jurisprudence will be denied one of the more prurient evidentiary hearings in history now that Vegas High Roller sexpot Chloe Scordianos has decided to plead guilty to disorderly conduct rather than face trial for committing sex acts in … Continue reading

Posted in Ameristar, Architecture, Entertainment, Environment, GLPI, Harrah's, history, Illinois, Law enforcement, Missouri, Penn National, Pinnacle Entertainment, Regulation, Riviera, Steve Wynn, The Strip, Tropicana Entertainment | Leave a comment

Penn talks turkey; Celebrity brawl at Aria

Next week Penn National Gaming turns on the Marquee Rewards spigot at the Tropicana Las Vegas. Given some of management’s recent disclosures, it won’t come a day too soon: 85% of Penn’s customer base comes to Sin City but stays … Continue reading

Posted in Affinity Gaming, Ameristar, Boyd Gaming, CityCenter, Cordish Co., Full House Resorts, Harrah's, Indiana, Isle of Capri, Majestic Star, Marketing, Maryland, Massachusetts, MGM Mirage, Missouri, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Racinos, Steve Wynn, Taxes, The Strip, Tourism, Tribal, Tropicana Entertainment, Wall Street, West Virginia | 1 Comment

Christie takes sides in casino fight; Healthy month in Missouri

“I can’t say it won’t ever happen, but by 2018, New York will have approved a casino in Staten Island. It needs to be now because we have the opportunity now.” Thus spake New Jersey State Senate President Stephen Sweeney (D), … Continue reading

Posted in Ameristar, Atlantic City, Georgia, Harrah's, Illinois, Isle of Capri, Massachusetts, New York, Penn National, Pinnacle Entertainment, Politics, Regulation, Steve Wynn, Tribal, Tropicana Entertainment, Unite-Here | Leave a comment