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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: Laughlin
Windy City shakedown; Strip explodes, Palms reborn
$75 million or else. That’s extortionate Chicago Mayor Lori Lightfoot‘s latest demand of casino applicants. If you win the bid, fork over the cash. Her Dishonor might settle for ‘only’ $40 million on the barrelhead, followed up by a $2 … Continue reading
Posted in Bally, Boulder Strip, Boyd Gaming, Chicago, China, Downtown, Florida, Hard Rock International, Health, International, Lake Tahoe, Las Vegas Sands, Laughlin, Macau, Mesquite, Nevada, New York, North Las Vegas, Palms, Politics, Regulation, Reno, Rush Street Gaming, San Manuel Band of Mission Indians, Singapore, Station Casinos, Taxes, Texas, The Strip, Tourism, Wall Street, Wendover
1 Comment
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
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Mega-January on the Strip; Much ado about Caesars
January’s Nevada gambling-revenue numbers are out and the Silver State topped $1 billion yet again, a 41.5% boost over last year. However, some jurisdictions manifested slight declines, a sign that casino activity may be “normalizing” after a heated 2021. To … Continue reading
Posted in Animals, Arizona, Atlantic City, Bally, Baseball, Boulder Strip, Caesars Entertainment, Churchill Downs, Conventions, Dining, Downtown, Genting, Health, Internet gambling, Lake Tahoe, Laughlin, Louisiana, Marketing, Mesquite, Nevada, New Jersey, New York, North Las Vegas, Peninsula Pacific, Pennsylvania, Planet Hollywood, Politics, Reno, Singapore, Sports, Sports betting, Texas, The Strip, Tourism, Tribal, Wall Street, Wendover, Wisconsin
2 Comments
Louisiana levels off, DraftKings sucks wind, Golden gilded
Gaming analysts have been cautioning us to expect “difficult comparisons” between 2022 and previous high-water years late 2019 and 2021. Indeed, Louisiana‘s January was flat with 2019, if up 8% from last year. Sports betting was weak: $49 million in … Continue reading
Posted in Apollo Management, Atlantic City, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Churchill Downs, DraftKings, Economy, Eldorado Resorts, Florida, G2E, Golden Gaming, Golden Nugget, Hard Rock International, Hawaii, Japan, Las Vegas Sands, Laughlin, Louisiana, New Jersey, New York, Peninsula Pacific, Penn National, Regulation, Resort fees, Slot routes, Sports betting, Tourism, Wall Street, Wynn Resorts
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Adios, Tropicana?; New York sports betting tops $1 billion easily
Visit the Tropicana Las Vegas while yet you can. Why? Because Bally’s Corp. Chairman Soo Kim is seriously weighing the possibility of “knocking it down and starting over.” Yes, Kim would rebrand the place as Bally’s Las Vegas and then … Continue reading
Posted in Alex Yemenidjian, Atlantic City, Bally, BetMGM, Caesars Entertainment, Chicago, Columbia Sussex, Conventions, DraftKings, e-sports, Economy, Election, FanDuel, GLPI, Health, history, Laughlin, Nevada, New Jersey, New York, Peninsula Pacific, Penn National, Politics, Rush Street Gaming, Sahara, Sports betting, Taxes, Texas, The Strip, Virginia
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Horseshoe returns to Vegas; LV Sands thinks big
In the year’s worst-kept secret (or least surprising news story), Caesars Entertainment is finally rebranding Bally’s Las Vegas as the Horseshoe to end all Horseshoes. We were all over the story yesterday, in case you want the full monty. A … Continue reading
Posted in Architecture, Bally, Boulder Strip, Caesars Entertainment, Downtown, DraftKings, Election, FanDuel, Florida, Illinois, Indiana, Internet gambling, Iowa, Las Vegas Sands, Laughlin, Macau, Massachusetts, Nevada, New York, North Las Vegas, Politics, Reno, Seminole Tribe, Singapore, Sports betting, Texas, The Strip, Tourism, Wall Street
1 Comment
Doldrums in Macao; “Love” in jeopardy; Mega-Jottings
There’s an Eeyore sweatshirt that says, “Could be worse. Not sure how, but it could be.” That pretty much sums up the situation in Macao, which finished 2021 44% ahead of 2020 when it comes to gambling revenue … but … Continue reading
Posted in Arizona, Atlantic City, Cirque du Soleil, Colorado, Cordish Co., Economy, Florida, Galaxy Entertainment, GLPI, Health, IGT, International, Lake Tahoe, Las Vegas Raiders, Las Vegas Sands, Laughlin, Law enforcement, Macau, Maryland, Melco Resorts & Entertainment, MGM Resorts International, North Carolina, Politics, Real Estate, Regulation, Sports betting, Taxes, Tribal, Wall Street, Washington State, Wynn Resorts
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Las Vegas explodes
But in a good way. Despite having one less weekend in which to gamble than in 2019, gaming revenues were off the charts last November. The Las Vegas Strip vaulted 46% to $755 million and locals revenues, expected to level … Continue reading
Posted in Boulder Strip, Downtown, Lake Tahoe, Laughlin, Reno, The Strip, Tourism, Transportation
3 Comments
Rockin’ hard; Miller gives anti-smokers hope; Packer’s wrist slapped
Hard Rock International CEO Jim Allen (left) is bullish on the New York City market, if not downright aggressive. In maybe the highlight to come out of the East Coast Gaming Congress, Allen asserted his company’s interest in a New … Continue reading
Posted in AGA, Animals, Atlantic City, Australia, Caesars Entertainment, China, Crown Resorts, Election, Genting, Golden Gaming, Greenwood Racing, Hard Rock International, Health, Illinois, Indiana, James Packer, Kentucky, Laughlin, Law enforcement, Lotteries, Maryland, MGM Resorts International, Money laundering, Nevada, New Jersey, New York, Pahrump, Pennsylvania, Politics, Regulation, Scientific Games, Slot routes, Sports betting, Taxes, The Crown 18, Tribal, Wall Street
1 Comment
Baccarat cools Las Vegas a bit; Boyd sets records; Reno bans whips
Stimulus cash may be petering out somewhat and international tourism has yet to open the floodgates, so September found Nevada on something of a cusp between the supercharged recovery of the summer and the hoped-for travel rebound in 4Q21. Still, … Continue reading
Posted in Atlantic City, Boulder Strip, Boyd Gaming, California, Conventions, Culinary Union, Downtown, FanDuel, Hawaii, Health, Internet gambling, Lake Tahoe, Laughlin, Law enforcement, Louisiana, Marketing, Nevada, New Jersey, North Las Vegas, Pennsylvania, PointsBet, Politics, Reno, Sports betting, The Strip, Tribal, TV, Wall Street
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Strip sizzles in August
Casinos on the Las Vegas Strip grossed $626 million last month, 20% better than August 2019. Statewide, the jump was 22% to $1.65 billion but the real overachievers were locals casinos, leaping 41% (to $250 million) with a little help … Continue reading
Posted in Atlantic City, Boulder Strip, Century Casinos, Cretins, Dining, Downtown, G2E, Genting, Hard Rock International, Health, history, Indiana, International, Lake Tahoe, Laughlin, Macau, MGM Resorts International, Missouri, North Las Vegas, Palms, Reno, Sports, Sports betting, Technology, The Strip, Transportation, Tribal, Wendover
5 Comments
Masks back on, Las Vegas!; All’s right with the REITs
Mincing few words, MGM Resorts International CEO Bill Hornbuckle sent a letter to all employees, urging them to quit dithering and get their Covid-19 vaccinations, if they haven’t already. He pleaded, “In addition to the heart-wrenching thought of more illness … Continue reading
Posted in Bally, BetMGM, Boulder Strip, Boyd Gaming, Caesars Entertainment, Charity, Churchill Downs, Conventions, Delaware, Derek Stevens, Dining, Economy, GLPI, Health, history, Indiana, Kentucky, Lake Tahoe, Las Vegas Sands, Laughlin, Maryland, MGM Resorts International, Mississippi, Nevada, North Las Vegas, Penn National, Real Estate, Resorts World LV, Singapore, Sports betting, The Strip, Tribal, Wall Street
3 Comments
Massachusetts stumbles, Louisiana cruises; Big blunder at Circa
Shazam! Massachusetts casino revenues for June were $84 million, 67% higher than 2019. But wait … as Deutsche Bank analyst Carlo Santarelli points out, Encore Boston Harbor wasn’t operational two years ago (it debuted on June 23, 2019), so on … Continue reading
Posted in Atlantic City, Australia, Boyd Gaming, Caesars Entertainment, California, Century Casinos, Churchill Downs, CQ Holdings, Derek Stevens, DFS, DraftKings, Economy, Golden Gaming, Health, Internet gambling, Laughlin, Louisiana, Massachusetts, MGM Resorts International, Missouri, Nevada, Penn National, Pennsylvania, Sports, Sports betting, TV, Westgate LV, Wynn Resorts
1 Comment
Merry month of May in Las Vegas; Beehive of activity in Atlantic City
May’s gaming revenues from Nevada are in and they are blockbuster. When the Strip is 26% higher than 2019 (winning $655.5 million) and locals play is 25% stronger it is fair to say the recovery has been achieved—and far sooner … Continue reading
Posted in Atlantic City, Boulder Strip, Caesars Entertainment, Carl Icahn, Connecticut, Cretins, Diversity, Downtown, Economy, Health, history, Internet gambling, Lake Tahoe, Laughlin, Marijuana, Mesquite, Michael Gaughan, Mohegan Sun, Nevada, North Las Vegas, Reno, Sports betting, The Strip, Wendover
4 Comments
Strip returns to form; Caesars nixes buffets, free play
Last month Nevada raced ahead of 2019 gambling-revenue benchmarks, up 11% to just over $1 billion. Locals-derived winnings ($245 million) jumped 18%, despite operating at 80% capacity. (Locals casinos saw 15% higher slot win 18% greater handle and 35.5% more … Continue reading
Posted in Australia, Boulder Strip, Caesars Entertainment, Connecticut, Crown Resorts, DFS, Dining, Donald Trump, Downtown, Economy, Election, Foxwoods, G2E, Health, Internet gambling, Lake Tahoe, Laughlin, Lawrence Ho, Macau, Maryland, Massachusetts, Melco Resorts & Entertainment, Mesquite, Mississippi, Mohegan Sun, Nevada, North Las Vegas, Regulation, Reno, Sports betting, Stanley Ho, Station Casinos, Taxes, The Strip, Tilman Fertitta, Wendover
1 Comment