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- Atlantic City rebounds; Sibella dumped; NFL suspicions
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- Bally’s opens, Chicago yawns; MGM, tree murderers
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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: Indiana
Bellagio sold again; Atlantic City sob story; Trump busted
It’s getting very difficult to tell the players without a scorecard in the game of the REIT-ification of the Las Vegas Strip. Case in point, Bellagio, which now has three owners. There’s MGM Resorts International, which holds a token 5% … Continue reading
Posted in AGA, Atlantic City, Bally, Caesars Entertainment, Churchill Downs, Donald Trump, Foxwoods, Golden Nugget, Hard Rock International, Indiana, International, Internet gambling, Iowa, Law enforcement, Macau, Melco Resorts & Entertainment, MGM Resorts International, Mohegan Sun, Movies, Nebraska, New Jersey, Ocean Resort, Racinos, Real Estate, Regulation, Security, Slot routes, Sports betting, Taxes, Technology, The Strip
1 Comment
Wall Street: Station soft; DraftKings impresses, Bally’s doesn’t
“If you were surprised you haven’t been paying attention.” So wrote Deutsche Bank analyst Carlo Santarelli of yesterday’s Station Casinos earnings release. He added, “it should come as no surprise that RRR reported results that were softer than our forecasts,” which were … Continue reading
Posted in Atlantic City, Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Chicago, Conventions, Cordish Co., DraftKings, Economy, Entertainment, FanDuel, Galaxy Entertainment, Indiana, International, Internet gambling, Kentucky, Macau, Marketing, MGM Resorts International, Nebraska, North Carolina, Ohio, Politics, Racinos, Real Estate, Sports, Sports betting, Station Casinos, Taxes, The Strip, Wall Street
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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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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
Vegas booming; Churchill Downs “messy”; Mega-Jottings
Nevada gambling winning catapulted 18% last month—yes, almost a 20% increase over post-Covid numbers (although January 2022 was dampened by Omicron). The good times just keep on rolling, to the tune of $1.2 billion. The Las Vegas Strip led the … Continue reading
Posted in Alabama, Aristocrat, Arizona, Atlantic City, Bally, Baseball, BetMGM, Boulder Strip, Century Casinos, Churchill Downs, Culinary Union, Downtown, DraftKings, Environment, Fontainebleau, Georgia, GLPI, Hard Rock International, Horseracing, Indiana, International, Internet gambling, Iowa, Lake Tahoe, Laughlin, Lotteries, Maverick Gaming, Mesquite, MGM Resorts International, Mohegan Sun, Movies, Nevada, New Hampshire, New York, North Carolina, North Las Vegas, Peninsula Pacific, Pennsylvania, Phil Ruffin, Politics, Reno, Resorts World LV, Rush Street Gaming, Slot routes, South Korea, Sports betting, Technology, The Rio, The Strip, Tribal, United Kingdom, Vici Properties, Virginia, Wall Street, Washington State, Wendover
1 Comment
And the Oscar goes to …
Top Gun: Maverick. OK, we’re kidding. But not entirely. Due to the Motion Picture Academy‘s byzantine, ranked-choice voting for Best Picture, the $1.5 billion-grossing Tom Cruise spectacle (+1000 on DraftKings) could rack up enough second- and third-place votes to nab … Continue reading
Posted in Animals, Bally, Boyd Gaming, Diversity, DraftKings, Indiana, Las Vegas Raiders, Law enforcement, Marketing, Massachusetts, Mohegan Sun, Movies, New York, Politics, Regulation, Sports, Tribal, Wall Street
1 Comment
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
Massachusetts jumps; Bally’s sags; Century flees
Defying a larger trend, Massachusetts closed out 2022 with strength, its casino revenues up 8% to $103 million. The big dog, Encore Boston Harbor, leapt 10% to a boffo $68.5 million, beating Wall Street expectations. MGM Springfield‘s gain was more … Continue reading
Posted in Arkansas, Bally, Century Casinos, Dining, Indiana, International, James Packer, Massachusetts, MGM Resorts International, Nevada, Penn National, Regulation, Resort fees, Singapore, Tribal, Wall Street, Wynn Resorts
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