Category Archives: Slot routes

Voyage to Vegas, Part Two

Today we conclude our review of Deutsche Bank analyst Carlo Santarelli‘s recent field trip to Las Vegas. We resume with Station Casinos, which seems to be accelerating its development timetable. Once it gets Durango Station up and running, it will … Continue reading

Posted in Australia, Bally, Baseball, Caesars Entertainment, California, Canada, Economy, Golden Gaming, Las Vegas Sands, Laughlin, Macau, Maryland, Maverick Gaming, Melco Resorts & Entertainment, MGM Resorts International, Money laundering, Nevada, Phil Ruffin, Scientific Games, Slot routes, Sports betting, Station Casinos, The Strip, TV, Wall Street, Washington State, Wynn Resorts | 3 Comments

Wynn: Make mine Manhattan; Votes for sale; Mega-Jottings

There will be at least one serious push for a casino in the heart of New York City, now that Wynn Resorts has thrown in with Related Cos. on “an exposed and sunken rail yard” that some see as a … Continue reading

Posted in Australia, Brothels, California, CQ Holdings, DraftKings, Entertainment, Genting, Georgia, Hawaii, Japan, Law enforcement, Louisiana, Macau, Marketing, MGM Resorts International, Nevada, New York, North Las Vegas, Palms, Pennsylvania, Politics, Slot routes, Star Entertainment, Technology, Tribal, Wall Street, Wynn Resorts, Wyoming | 1 Comment

Sports betting doomed in California?; Much heat, light at G2E

We wouldn’t have believed it but it appears that both California sports-betting ballot initiatives could go down to defeat in November. While we favor sports betting, on principle, we don’t have a dog in this fight. Both Proposition 26 (tribal) … Continue reading

Posted in Atlantic City, Australia, Bally, Baseball, Caesars Entertainment, California, Century Casinos, Economy, Election, G2E, Georgia, Golden Gaming, Golden Nugget, Hard Rock International, International, Japan, Law enforcement, Maryland, MGM Resorts International, Missouri, Nevada, New Jersey, Politics, Regulation, Reno, Singapore, Slot routes, South Korea, Sports, Sports betting, The Strip, Tribal, Vici Properties, Wall Street | 2 Comments

Atlantic City burgeoning; Posthumous Adelson scandal

Revenues on the Boardwalk jumped 8% last month from July 2021, reaching $299 million on the nose. Slot winnings were good, up 5.5% on 6.5% more coin-in but table win was even better, growing 16% on only 4% higher wagering. … Continue reading

Posted in Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, California, CityCenter, Donald Trump, DraftKings, Environment, FanDuel, Golden Nugget, Hard Rock International, history, Illinois, International, Internet gambling, James Packer, MGM Resorts International, Mohegan Sun, Nevada, Ocean Resort, Sheldon Adelson, Slot routes, Sports betting | 2 Comments

Cosmic quarter at MGM; New name, same old Penn

“No Recession yet, just all time records,” reported Truist Securities analyst Barry Jonas of MGM Resorts International‘s 2Q22 earnings call. Better-than-ever Las Vegas Strip and regional revenues beat the pants off Wall Street‘s expectations, outweighing “weakness” in Macao, where gaming … Continue reading

Posted in Atlantic City, Bally, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Canada, Chicago, China, Churchill Downs, Conventions, Cordish Co., Cosmopolitan, DraftKings, FanDuel, Golden Gaming, Hard Rock International, history, Illinois, International, Internet gambling, Law enforcement, M Resort, Macau, Marketing, Maryland, Massachusetts, MGM Resorts International, Michigan, Mississippi, Missouri, Nevada, North Carolina, Ohio, Penn National, Pennsylvania, PointsBet, Scott Butera, Slot routes, Sports, Sports betting, Technology, The Strip, Tourism, Tribal, Virginia, Wall Street, Wyoming | 1 Comment

Strip perceives no inflation woe; Union sells out workers health

Truist Securities analyst Barry Jonas recently took a tour of Las Vegas‘ C-suites, meeting with executives of seven companies. He concluded that “Despite market sentiment, operators remain generally positive.” Both the Las Vegas Strip and the recently declining locals market … Continue reading

Posted in Atlantic City, Bally, Chicago, Conventions, Derek Stevens, Economy, G2E, Golden Nugget, Health, Internet gambling, Law enforcement, Missouri, Mohegan Sun, New Jersey, Regulation, Rhode Island, Slot routes, Sports betting, The Strip, Tourism, Unite-Here, United Kingdom, Wall Street | 1 Comment

Massachusetts upbeat; Station defiant; Atlantic City stalemate

Casinos in the Bay State clocked $91 million in revenue last month, a 5% improvement on last year. Encore Boston Harbor led the tiny pack with $58 million, growing 9.5%. Next up was MGM Springfield, performing surprisingly well. It was … Continue reading

Posted in Atlantic City, Bally, BetMGM, Caesars Entertainment, California, Churchill Downs, Derek Stevens, Economy, Election, Galaxy Entertainment, Golden Nugget, Hard Rock International, Health, Illinois, Indiana, Iowa, Las Vegas Sands, Macau, MGM Resorts International, Missouri, Mohegan Sun, North Carolina, Ocean Resort, Peninsula Pacific, Penn National, Politics, Regulation, Slot routes, Sports betting, Station Casinos, Tourism, Transportation, Tribal, Unite-Here, Wynn Resorts | 1 Comment

Chicago casino doesn’t compute; Diller dinged; Boardwalk brouhaha

Sometime today, Chicago Mayor Lori Lightfoot (D) is expected to ramrod her choice of Bally’s Corp. through the City Council. Why the unseemly haste? Lightfoot desperately covets Bally’s $40 million in upfront money to prop up the Windy City’s tottering … Continue reading

Posted in Atlantic City, Bally, Caesars Entertainment, California, Chicago, Diversity, DraftKings, Economy, Hard Rock International, Illinois, Macau, MGM Resorts International, Nevada, Ocean Resort, Politics, Regulation, Security, Slot routes, Taxes, The Mob, The Strip, Tribal, Unite-Here, Wall Street, Wisconsin | 1 Comment

George of the Year; Kansas ayes sports betting, Missouri not

It’s only May but we have to give the nod to The Cosmopolitan of Las Vegas. Outgoing owner Blackstone Group graced all employees with $5,000 bonuses, an incredibly generous gesture. Blackstone certainly didn’t have to do it but they did … Continue reading

Posted in Australia, Bally, Baseball, Boyd Gaming, Caesars Entertainment, Chicago, Cosmopolitan, Crown Resorts, Full House Resorts, Hard Rock International, Illinois, Indiana, Internet gambling, Kansas, Kazuo Okada, Macau, Marketing, MGM Resorts International, Missouri, Penn National, Phil Ruffin, Philippines, Politics, Rush Street Gaming, Security, Slot routes, Sociedade de Jogos de Macau, Sports betting, Star Entertainment, Virginia | Comments Off on George of the Year; Kansas ayes sports betting, Missouri not

DraftKings spins Wall Street; Penn, Golden post records

That widening chasm between DraftKings‘ revenue projections ($2 billion in 2022) and its elusive profitability may be catching up with Jason Robins‘ company. Red ink from 1Q22 was $468 million, way up from 1Q21’s $346 million. Negative ROI shot up … Continue reading

Posted in Barstool Sports, California, Canada, Colorado, DraftKings, Golden Gaming, Horseracing, Laughlin, Marketing, Maryland, Massachusetts, Mattress Mack, MGM Resorts International, Nevada, New Jersey, New York, Penn National, Pennsylvania, Politics, Problem gambling, Slot routes, Sports betting, The Strip, Tribal, Wall Street | 1 Comment

Meet Lori Leadfoot; Flamingo shopped

A comedy of errors is playing out in Chicago. After Mayor Lori Lightfoot (D) was reported by the Chicago Sun-Times to have gift-wrapped the winning bid for Bally’s Corp., Her Honor immediately backpedaled, saying, “We have a very specific process, … Continue reading

Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Economy, Hard Rock International, Illinois, Indiana, Michigan, Nebraska, Neil Bluhm, Ocean Resort, Planet Hollywood, Politics, Real Estate, Regulation, Rush Street Gaming, San Manuel Band of Mission Indians, Slot routes, Sports betting, The Strip, Tilman Fertitta, Tribal | 1 Comment

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 | Comments Off on Louisiana levels off, DraftKings sucks wind, Golden gilded

Casinos continue to thrive; Crooks, liars and losers

There’s no “supply chain” issue when it comes to dollars flowing into American casinos. Take Missouri, for instance. Casino revenue sprang 15.5% over 2019 last month, for a statewide take of $145.5 million. Actual visitation was down 2o% but per-visitor … Continue reading

Posted in Apollo Management, Bally, Bally Technologies, Barstool Sports, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, Churchill Downs, Cretins, DraftKings, FanDuel, Full House Resorts, Hard Rock International, Health, Illinois, Indiana, Las Vegas Sands, Law enforcement, Louisiana, Maryland, Mattress Mack, MGM Mirage, Missouri, Nevada, Penn National, Pennsylvania, PointsBet, Regulation, Reno, Rush Street Gaming, Scientific Games, Slot routes, Sports, Sports betting, Steve Wynn, Taxes, Tribal, WInd Creek, Wynn Resorts | 3 Comments

Slot routes seek legitimacy; FanDuel romps in Michigan

Black-market operators of slot routes in Missouri could achieve legitimacy next year—with the help of two out-of-state providers. Illinois‘ leading slot-route purveyors, J&J Ventures and Accel Entertainment, bitter rivals in the Land of Lincoln have put aside their differences to … Continue reading

Posted in Animals, Bally, Barstool Sports, DraftKings, FanDuel, Genting, Hard Rock International, Health, Illinois, Illitch Family, Internet gambling, Las Vegas Sands, MGM Resorts International, Michigan, Missouri, New York, North Carolina, Penn National, PointsBet, Politics, Rush Street Gaming, Slot routes, Sports betting, The Strip, Tribal, Virginia, Wall Street, Wynn Resorts | Comments Off on Slot routes seek legitimacy; FanDuel romps in Michigan

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

DraftKings, MGM play chicken, MGM wins; Highway robbery in N.Y.

As we’ve written elsewhere, this was supposed to be The Year of Sports Betting … before the Covid-19 Delta variant reared its ugly head (and that was before Coronavirus knocked us out of Global Gaming Expo). But sports betting could … Continue reading

Posted in Alaska, Bally, DraftKings, Economy, Georgia, Illinois, Indiana, Las Vegas Sands, Louisiana, MGM Resorts International, New York, Politics, Slot routes, Sports, Sports betting, Steve Wynn, Taxes, The Strip, Tribal, Wall Street | 1 Comment

Cosmopolitan drinks its own bathwater

Late yesterday Bloomberg broke the news that Blackstone Inc. is shopping The Cosmopolitan of Las Vegas … for a $5 billion minimum price. What’s even more incredible is that apparently it has suckers, er, corporations already on the hook. Why … Continue reading

Posted in Caesars Entertainment, CityCenter, Cosmopolitan, DraftKings, Golden Nugget, Indiana, Japan, Las Vegas Sands, Law enforcement, MGM Resorts International, Missouri, Penn National, Politics, Real Estate, Resorts World LV, Slot routes, The Strip, Tilman Fertitta, Tribal | 2 Comments

FanDuel gets up all up in your grille; Tahoe casinos: Fire? What fire?

What will sports-betting advertising be like once football season starts? Our prediction is for overkill, followed by backlash. As though to prove our point, FanDuel is unleashing a national ad blitz with a minute-long TV spot called “Anthem.” It’s so … Continue reading

Posted in AGA, Arizona, Atlantic City, Bally, BetMGM, Caesars Entertainment, California, DraftKings, Election, FanDuel, Florida, G2E, Health, International, Lake Tahoe, Marketing, Mississippi, North Carolina, Paragon Gaming, PointsBet, Politics, Seminole Tribe, Slot routes, Sports, Sports betting, Tribal, TV, William Hill | 1 Comment

Open season in New York; Ohio, Missouri boom; Scientific baffles

Rather than face (well-deserved) impeachment, New York State Gov. Andrew Cuomo (D) resigned in disgrace today. Which happened to coincide with the disclosure of the companies which have applied to be online sports betting provider(s) for the Empire State. Cuomo’s … Continue reading

Posted in Atlantic City, BetMGM, Boyd Gaming, Caesars Entertainment, DraftKings, FanDuel, Florida, FoxBet, Genting, Golden Gaming, Golden Nugget, Hard Rock International, Horseracing, Internet gambling, Las Vegas Sands, Lotteries, MGM Resorts International, Missouri, New York, Ocean Resort, Ohio, Penn National, Pennsylvania, PointsBet, Politics, Rush Street Gaming, Scientific Games, Seminole Tribe, Sexual misconduct, Slot routes, Sports betting, Wall Street, William Hill, Wynn Resorts | Comments Off on Open season in New York; Ohio, Missouri boom; Scientific baffles

‘ElDiablo’ rides again; Sports betting on the verge in Massachusetts

Last week, Vegas Message Board hosted a lengthy, detailed and impassioned screed from a self-professed Seven Stars member about a recent trip to Las Vegas and stay with Caesars Entertainment. First, the good news: the player host was extremely obliging, … Continue reading

Posted in Architecture, Atlantic City, Bally, Caesars Entertainment, Eldorado Resorts, Entertainment, Foxwoods, Georgia, GLPI, Hard Rock International, Massachusetts, Penn National, Politics, Slot routes, Sports betting, Taxes, Wynn Resorts | 3 Comments