Category Archives: Slot routes

Pennsylvania soggy; Epic fail in North Carolina

At first blush, Pennsylvania‘s gambling economy looks all right, up 1% from August of 2019 and 2% from last year. But factor in the plethora of new casinos that have entered the fray and the Keystone State is down 14% … Continue reading

Posted in Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Churchill Downs, Cordish Co., Detroit, DraftKings, Economy, FanDuel, FoxBet, Greenwood Racing, Horseracing, Illitch Family, Internet gambling, MGM Resorts International, Michigan, Mohegan Sun, North Carolina, Penn National, Pennsylvania, Politics, Real Estate, Rush Street Gaming, Slot routes, Sports betting, Tribal, WInd Creek, Wynn Resorts | Comments Off on Pennsylvania soggy; Epic fail in North Carolina

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

Ohio up; Golden struggles; Bay State blunders

Continued strength in casinos was shown by Ohio, which posted $193.5 million in gambling revenue in June. That’s 2% higher than already-strong last year and a whopping 20% over 2o19, which was none too shabby either. Hollywood Columbus came out … Continue reading

Posted in Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Churchill Downs, DraftKings, FanDuel, Golden Gaming, Hard Rock International, Jack Entertainment, Japan, Maryland, Massachusetts, MGM Resorts International, Nevada, Ohio, Penn National, Politics, Regulation, Slot routes, Sports, Sports betting, Station Casinos, United Kingdom, Wall Street | Comments Off on Ohio up; Golden struggles; Bay State blunders

Strip flattens, locals fade; Analysts mixed on Boyd

While not as bad as Deutsche Bank expected (-8%), June revenues on the Las Vegas Strip of $727 million were a disappointment, down 1%. And May’s brief flurry of hope from Las Vegas locals players faded fast as their losses … Continue reading

Posted in Architecture, Aristocrat, Boulder Strip, Boyd Gaming, California, Downtown, Entertainment, FanDuel, Illinois, Internet gambling, Lake Tahoe, Laughlin, Mesquite, Movies, North Las Vegas, Reno, Slot routes, Sports, Sports betting, The Strip, Tribal, Wall Street, Wendover | Comments Off on Strip flattens, locals fade; Analysts mixed on Boyd

All Atlantic City, all the time; Gone to the dogs; Mega-Jottings

Although terrestrial casino revenue dipped 2.5% last month, New Jersey casinos made out like bandits online, with i-gambling up 19% and sports betting leapt 33.5%. In Atlantic City the gross was $227 million at traditional casinos, as a sharp decline … Continue reading

Posted in Animals, Atlantic City, Bally, Barstool Sports, BetMGM, Caesars Entertainment, Chicago, DraftKings, El Cortez, Election, Entertainment, FanDuel, Golden Nugget, Hard Rock International, Internet gambling, Las Vegas Sands, MGM Resorts International, Mohegan Sun, Movies, Nebraska, New York, North Carolina, Ocean Resort, Pennsylvania, PointsBet, Politics, Reno, Rhode Island, Rush Street Gaming, Slot routes, Sports betting, The Strip, Transportation, Tribal, Vermont, Vici Properties, Virginia, Wall Street, West Virginia, WInd Creek, Wynn Resorts | 3 Comments

Stupid political antics; Baseball boondoggle; Mega-Jottings

American Gaming Association President Bill Miller likes to say—and quite rightly—that communities should welcome casinos because Big Gaming is willing to pay big taxes. Until now, that is. Las Vegas Sands has barely planted its flag in Nassau, New York, … Continue reading

Posted in Architecture, Atlantic City, Australia, Bally, Baseball, California, Cretins, Crown Resorts, Health, IGT, Las Vegas Sands, Macau, MGM Resorts International, Money laundering, New York, North Carolina, Politics, Rhode Island, Slot routes, Sports betting, Taxes, The Strip, Tourism, Tribal, Washington State, Wynn Resorts | 2 Comments

Illinois up, Missouri down; Golden fails to glitter

New product lifted Illinois‘ gambling grosses last month, as same-store revenues slipped 1%. The overall haul was $128 million and much of the propulsion came from The Temporary at American Place in Waukegan and its $7 million take. Hard Rock … Continue reading

Posted in Arizona, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Dining, DraftKings, FanDuel, Full House Resorts, Golden Gaming, Golden Nugget, Hard Rock International, Illinois, Laughlin, Maryland, Missouri, Nevada, Oklahoma, Penn National, Rush Street Gaming, Slot routes, Sports betting, Tribal, Wynn Resorts | 1 Comment

Wynn’s Arabian nights; White Paper no whitewash

Resisting the temptation to call it Aladdin 2.0, executives at Wynn Resorts unveiled designs of their United Arab Emirates casino resort, Wynn Al Marjan Island. Noting that its’ the company’s first oceanfront resort, Wynn is quick to assure us that … Continue reading

Posted in Architecture, Bally, Caesars Entertainment, Chicago, Churchill Downs, Dan Lee, DraftKings, Full House Resorts, Illinois, International, Internet gambling, Las Vegas Sands, Macau, Money laundering, New Hampshire, New York, Politics, Problem gambling, Regulation, Slot routes, TV, United Kingdom, Virginia, Wall Street, Wynn Resorts | 1 Comment

Boyd praised; Graft at Wynn?; NFL hypocrisy

Wall Street analysts loved up on Boyd Gaming following its 1Q23 earnings call. Boyd, Deutsche Bank analyst Carlo Santarelli wrote, “delivers another strong performance … the merits of the story remain compelling on a relative basis.” He pushed his price … Continue reading

Posted in Baseball, Boyd Gaming, Caesars Entertainment, California, Detroit, Dining, Downtown, FanDuel, Hawaii, Illinois, Internet gambling, Louisiana, Mississippi, Penn National, Real Estate, Reno, Service, Slot routes, Sports, Sports betting, Station Casinos, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 2 Comments

Control Board buffoonery; Super-Mega-Jottings

Well, it didn’t take Nevada Gaming Control Board member George Assad long to stick his foot in it. No sooner had we prophetically called him a regulatory “doofus” than news surfaced of some most-unbecoming conduct during an NGCB hearing. Specifically, … Continue reading

Posted in Bally, BetMGM, Caesars Entertainment, Canada, Chicago, Cordish Co., Cretins, Detroit, Diversity, Downtown Grand, DraftKings, FanDuel, Genting, Hard Rock International, Health, history, Illinois, Japan, Jim Murren, Kansas, Kentucky, Las Vegas Sands, Louisiana, Macau, Massachusetts, MGM Resorts International, Missouri, Nevada, New York, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports betting, Station Casinos, Steve Wynn, Taxes, Technology, Texas, Wall Street, Wynn Resorts | 2 Comments

Under Southern skies; Presidential casino players

Truist Securities analyst Barry Jonas took a swing through Dixie casinos last month and had quite a bit to report. He hit the New Orleans, Lake Charles, Baton Rouge and Biloxi markets, his primary takeaway being that operators are consistent … Continue reading

Posted in Apollo Management, Architecture, Aristocrat, Bally, Boyd Gaming, Caesars Entertainment, Chicago, Economy, Election, Golden Nugget, Louisiana, Marketing, MGM Resorts International, Mississippi, Missouri, New Hampshire, Penn National, Slot routes, Sports betting, Station Casinos, Taxes, Technology, The Strip, Wall Street | 1 Comment

East Coast report; “Best growth story in gaming” is who?

As we rummage through our mailbag, we find a number of dispatches from our East Coast correspondent, who recently helped prop up the Golden Nugget in Atlantic City with a three-night stay. He was drawn by a giveaway at Ocean … Continue reading

Posted in Atlantic City, Bally, Charity, Churchill Downs, Cordish Co., Golden Nugget, Horseracing, Illitch Family, Kentucky, Marketing, Nevada, Ocean Resort, Pennsylvania, Regulation, Slot routes, Technology, Tilman Fertitta | 2 Comments

Pennsylvania up; Arizona blunder; Über-Mega-Jottings

At $277 million, Pennsylvania casinos were 2% higher in February than last year, although a 12% declivity from go-go 2019 is further indication of a slowing recovery in gaming. Then again, after having reached record altitudes last year, how much … Continue reading

Posted in Arizona, Atlantic City, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Century Casinos, Churchill Downs, Cordish Co., Dining, DraftKings, FanDuel, Greenwood Racing, Hard Rock International, Health, Internet gambling, Kansas, Kentucky, Lotteries, LVCVA, M Resort, Maine, MGM Resorts International, Minnesota, Mississippi, Missouri, New Jersey, New York, Penn National, Pennsylvania, Politics, Problem gambling, Real Estate, Regulation, Rush Street Gaming, Scientific Games, Slot routes, Sports betting, Taxes, The Strip, Tribal, Unite-Here, WInd Creek | Comments Off on Pennsylvania up; Arizona blunder; Über-Mega-Jottings

Atlantic City up, Louisiana down; Steve Wynn’s revenge

Gambling revenues inched upward in New Jersey, plus 1% statewide, mainly driven by Internet casinos (+9%). In Atlantic City, slot winnings rose 3.5% to ($159 million) on 4% more coin-in but tables slipped 4.5% to $54 million as wagering dipped … Continue reading

Posted in AGA, Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Carl Icahn, Chicago, China, Churchill Downs, Columbia Sussex, Conventions, CQ Holdings, DraftKings, Election, FanDuel, Golden Nugget, Hard Rock International, Illinois, Illitch Family, Internet gambling, Kentucky, Law enforcement, Louisiana, MGM Resorts International, Mohegan Sun, Neil Bluhm, New Jersey, Ocean Resort, Penn National, PointsBet, Politics, Rush Street Gaming, Slot routes, Sports betting, Steve Wynn, The Strip, Tourism, Unite-Here, Wall Street, Wynn Resorts | Comments Off on Atlantic City up, Louisiana down; Steve Wynn’s revenge

Massachusetts soars; The Strip meets The Street

Gambling win in Massachusetts shot up 14.5% in February, reaching $98 million. Market leader, of course, was Encore Boston Harbor with $63 million (+14.5%). MGM Springfield leapt 17% to $23 million and Plainridge Park climbed 10% to $12 million. Wynn … Continue reading

Posted in Boyd Gaming, Caesars Entertainment, Century Casinos, Downtown, DraftKings, Entertainment, FanDuel, Golden Gaming, Golden Nugget, Hawaii, Internet gambling, Las Vegas Raiders, Las Vegas Sands, Macau, Marketing, Maryland, Massachusetts, MGM Resorts International, Nevada, New Jersey, New York, Politics, Singapore, Slot routes, Sports betting, Station Casinos, Taxes, The Rio, The Strip, Wall Street, Wynn Resorts | 1 Comment

Caesars, MGM impress The Street; Less drag at Golden; Police blotter

After hanging out with CEO Tom Reeg and Senior Vice President of Finance Brian Agnew, analyst Joseph Greff of J.P. Morgan came away “upbeat” about Caesars Entertainment. His optimism centered on three salient points: “Las Vegas strength and momentum”; “a … Continue reading

Posted in Caesars Entertainment, California, Conventions, Cretins, Dining, G2E, Golden Gaming, Internet gambling, Japan, Law enforcement, Louisiana, Macau, Maryland, MGM Resorts International, Money laundering, Nevada, New York, North Dakota, Oklahoma, Politics, Slot routes, Sports, Sports betting, Texas, The Strip, Transportation, Tribal, Wall Street, Wyoming | Comments Off on Caesars, MGM impress The Street; Less drag at Golden; Police blotter

Wynn, Golden report; Excalibur kitty caper; PointsBet busted

Citing “very encouraging” trends in Macao, analyst Joseph Greff of J.P. Morgan gave Wynn Resorts a favorable notice today. Without getting too much into the minutiae, Wynn execs cited rapidly improving VIP business, 96% hotel occupancy and a 34% uptick … Continue reading

Posted in Animals, Colorado, Golden Gaming, Laughlin, Macau, Marketing, Maryland, MGM Resorts International, Nevada, PointsBet, Security, Slot routes, Sports, Sports betting, The Strip, Wall Street, Wynn Resorts | Comments Off on Wynn, Golden report; Excalibur kitty caper; PointsBet busted

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

Station scores; New York OSB boffo … for state, that is; Kosar sacked; Renegade slots reconsidered

Station Casinos is $62 million richer after unloading $56.5 acres of land near South Point to HCA Healthcare, a hospital chain. Don’t worry about Station’s plans to challenge Michael Gaughan for sub-Strip supremacy: It’s still harboring 126 acres of scrubland … Continue reading

Posted in Animals, Bally, BetMGM, Caesars Entertainment, Diversity, DraftKings, FanDuel, Las Vegas Sands, Macau, Michael Gaughan, Missouri, Movies, New York, Ohio, PointsBet, Politics, Real Estate, Regulation, Rush Street Gaming, Slot routes, Sports, Sports betting, Station Casinos, Taxes, Transportation, TV, Wynn Resorts | 2 Comments

MGM, Penn disappoint, Golden droops; Tilman’s gambit

Dragged down the golden albatross that is Macao, earnings of MGM Resorts International missed analysts’ projections by a whopping $1.61 per share for a 3Q22 loss of $1.39/share. More’s the pity, as MGM did so many things right. Wall Street … Continue reading

Posted in Bally, Barstool Sports, Baseball, BetMGM, Caesars Entertainment, California, China, CityCenter, Conventions, Cosmopolitan, Detroit, DraftKings, Economy, Election, Full House Resorts, GLPI, Golden Gaming, Health, Illinois, Internet gambling, Iowa, Japan, Laughlin, M Resort, Macau, Maryland, Mattress Mack, MGM Resorts International, Mississippi, Nevada, New York, Ohio, Penn National, Pennsylvania, Rush Street Gaming, Singapore, Slot routes, South Korea, Sports, Sports betting, The Rio, The Strip, Tilman Fertitta, Tribal, Wall Street, Wynn Resorts | 1 Comment