Category Archives: Ohio

Saturation in Ohio; Japan: Go big or go home

Ohio Gov. John Kasich (R) leveled the playing field when he allowed third-party racinos to join the juiced-in Penn National Gaming and Caesars Entertainment casinos in the Buckeye State. The question now is how level a playing field is a … Continue reading

Posted in Detroit, Economy, Genting, GLPI, Hard Rock International, Harrah's, International, Internet gambling, Iowa, Japan, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Technology, Wall Street | 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

Penn gets bigger; Cool February in Nevada

Not many casino companies would double down on the Tunica market, let alone triple down. However, Penn National Gaming has an appetite for risk plus a track record of taking distressed properties and turning them around. So, in addition to … Continue reading

Posted in Boulder Strip, Colony Capital, Downtown, Harrah's, Lake Tahoe, Laughlin, Maryland, Mesquite, Mississippi, Nevada, Ohio, Penn National, Reno, The Strip, Wall Street | Leave a comment

Gaming up nationally — but Louisiana gets hammered

America‘s casino industry had a winning month in January, up 3.5% to $3.4 billion. Even Illinois, which has never recovered from the smoking ban, was in the top four, behind Nevada (naturally), Pennsylvania and Louisiana. The only serious loser was … Continue reading

Posted in Affinity Gaming, Atlantic City, Boyd Gaming, Churchill Downs, Economy, Eldorado Resorts, GLPI, Harrah's, Illinois, Internet gambling, Isle of Capri, Louisiana, Marketing, Maryland, Ohio, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Taxes, Tilman Fertitta, Tropicana Entertainment, West Virginia | Leave a comment

AGA backs Obamacare; “Messy” quarter for Station

OK, the headline is an oversimplification (as headlines tend to be) but the American Gaming Association found itself in disagreement with congressional Republicans after their overhaul of the Affordable Care Act was found to leave mental-health and substance-use-disorder services out in the … Continue reading

Posted in Dan Gilbert, Economy, Eldorado Resorts, Geoff Freeman, GLPI, Hard Rock International, Lucky Dragon, Marketing, Ohio, Palms, Penn National, Pinnacle Entertainment, Politics, Problem gambling, Reno, Station Casinos, Wall Street | 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

Racinos lap casinos in Ohio; “Golden Knights” kiboshed

Ohio‘s four main casinos performed weakly last month, with Dan Gilbert‘s Jack Cleveland ($16 million, -4%) and Jack Cincinnati ($15 million, -7%) still not validating their new brand. Ironically, the once-superfluous Thistledown Racino is saving Jack’s bacon, up 13% to … Continue reading

Posted in Arizona, Atlantic City, Boyd Gaming, Cordish Co., Dan Gilbert, Economy, Eldorado Resorts, Florida, GLPI, Hard Rock International, Harrah's, Japan, Maryland, MGM Mirage, Nevada, New York, Ohio, Penn National, Politics, Racinos, Seminole Tribe, Sports, Taxes | Leave a comment

Trump Taj saves Atlantic City; Barrack resurfaces; Visiting Memory Lane

When we rounded up Atlantic City gaming numbers yesterday, we didn’t get into market-adjusted comparisons and thus buried the lead. The Boardwalk’s surviving casinos saw, on average, a 6% increase in gaming revenue, thanks to the Oct. 10 closing of … Continue reading

Posted in Arizona, Atlantic City, Carl Icahn, Cirque du Soleil, Colony Capital, Donald Trump, Economy, Entertainment, Genting, history, Internet gambling, Japan, Law enforcement, Louisiana, Macau, Maryland, Mississippi, Ohio, PokerStars, Regulation, Revel, Sahara, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, West Virginia, Wisconsin | 1 Comment

Jacked around in Ohio; Wrong about Trump

At this point, we don’t know jack about Dan Gilbert‘s new “Jack” casino brand. In September, it appeared to be gaining traction with players. Then the bottom fell out. Jack Cleveland‘s $15 million take was a 14% fall while Jack … Continue reading

Posted in Dan Gilbert, Donald Trump, Eldorado Resorts, Election, GLPI, Hard Rock International, Internet gambling, Marketing, Ohio, Palms, Penn National, Pinnacle Entertainment, Racinos, Reno, Sheldon Adelson, Station Casinos, Tribal, Wall Street | Leave a comment

Hollywood Jamul: Penn bombs in California

An S&G reader suggested that, given the sudden dropoff in traffic to Hollywood Casino Jamul, we have a look at customer reviews on Yelp. We did and, boy, has Penn National Gaming laid an egg — the more so for … Continue reading

Posted in California, Massachusetts, Ohio, Penn National, Tribal | 4 Comments

Ohio: Gilbert to have the last laugh?

It looks like Dan Gilbert is gaining traction with his “Jack” brand (soon to be slathered over Greektown Casino in Gilbert’s native Detroit). Although Jack Cincinnati was flat ($15 million), its counterparts in Cleveland ($17 million) and at ThistleDown Racino … Continue reading

Posted in Dan Gilbert, Detroit, Eldorado Resorts, Marketing, Ohio, Penn National, Pinnacle Entertainment, Racinos | 1 Comment

Penn: The wait is over; Scientific strikes again

On Oct. 10, the same day that Trump Taj Mahal is scheduled to close, Penn National Gaming will open the long-deferred Hollywood Casino Jamul (federal approvals had been holding it up). In celebration, Penn is announcing that relief of the … Continue reading

Posted in Boulder Strip, California, Downtown, Georgia, Minnesota, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Scientific Games, Tribal, Wall Street | Leave a comment

Eldorado captures Isle; Adelson thwarted; Perlman dies

Scratch one more casino company from the checkerboard. This morning it was announced that Eldorado Resorts was buying Isle of Capri Casinos (long mooted as a takeover target. Eldorado will pay $1.7 billion for Isle — or $23 a share … Continue reading

Posted in Alabama, Atlantic City, Eldorado Resorts, Florida, Foxwoods, Geoff Freeman, Harrah's, history, Internet gambling, Isle of Capri, Louisiana, Massachusetts, MGM Mirage, Missouri, Mohegan Sun, Nevada, Ohio, Oklahoma, Pennsylvania, Politics, Reno, Sheldon Adelson, Taxes, The Mob, The Strip, Tribal, Vietnam, Wall Street | Leave a comment

Freeman’s crusade; Gilbert struggles in Ohio

To describe the new-look American Gaming Association as “activist” would be an understatement of some magnitude. President Geoff Freeman has put the pedal to the metal in his quest for legalized sports betting. Today, Freeman mounted his bully pulpit in … Continue reading

Posted in Dan Gilbert, Eldorado Resorts, Geoff Freeman, Hard Rock International, Internet gambling, Iowa, New York, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Regulation, Sports, Taxes | 2 Comments

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

Tomato King gets squashed; California, the wild, wild west of gambling

So much for Lawrence Downs Casino & Racing Resort. In a unanimous vote, the Pennsylvania Gaming Control Board decided to drop-kick the casino project, which had already lost the backing of Penn National Gaming, which has racino interests nearby in Ohio. What seems … Continue reading

Posted in California, Dan Gilbert, Election, Geoff Freeman, Law enforcement, Macau, Ohio, Penn National, Pennsylvania, Politics, Regulation, Sheldon Adelson, Sports, Tomato King Procacci | Leave a comment

Quote of the Day

“It is anything but a victimless crime. Just as we have partnered with law enforcement at every level, including the FBI, state attorneys general, sheriffs and chiefs of police, we look forward to supporting efforts of the Ohio Casino Control Commission … Continue reading

Posted in Internet gambling, Law enforcement, Ohio, Texas | 1 Comment

Strip still catching up; Nevada taking bets on the Olympics

While gaming companies on the Las Vegas Strip are fairly sanguine about 2016, a new report by Alex Bumazhny of Fitch Ratings takes a somewhat gloomier view. For one, he notes that revenue per available room “growth during the recovery … Continue reading

Posted in Arizona, Dan Gilbert, Detroit, Dining, Economy, Election, Geoff Freeman, Macau, Ohio, Penn National, Pennsylvania, Sports, The Strip, Westgate LV | 2 Comments

The card-room hustle; Sheldon, can you spare $6 million?

“In the 16 years we’ve been down there, I’ve paid the city $80.5 million in tax revenue. We saved the city from bankruptcy. We’ve been paying the city payroll including the Police Department for the last 16 years and I don’t … Continue reading

Posted in California, Election, Internet gambling, Iowa, Ohio, Oklahoma, Sheldon Adelson, Taxes, Tribal, Warner Gaming | Leave a comment

What’s the verdict, Jack, er, Dan?; AGA & NIGA join forces

Cleveland Cavaliers playoff games were good for Dan Gilbert‘s casino businesses. His Jack Cleveland casino was up 13%, to $16 million last month. It’s far too soon for a verdict on the “Jack” (as in “up yours, asshole”) brand, which … Continue reading

Posted in Dan Gilbert, Eldorado Resorts, G2E, Geoff Freeman, Hard Rock International, Internet gambling, Marketing, Massachusetts, MGM Mirage, Ohio, Penn National, Pennsylvania, Pinnacle Entertainment, Sheldon Adelson, Slot routes | Leave a comment