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Search Results for: Caesars Entertainment
Afterglow at Caesars; Trouble at Resorts World; Gridiron goof
Although Las Vegas numbers from Caesars Entertainment were modestly down in 2Q23, as people visit Sin City more but gamble less, analysts were largely pleased with the results. Why not? A robust, $64 million improvement in the digital sphere of … Continue reading
Missouri buoyant; Caesars sees no evil; Saudis denied
Gambling revenues lifted Missouri‘s riverboats 2% last month, reaching $155 million. Actual visitor spend was flat but 2% more people visited casinos, which is a more-than-acceptable tradeoff. Despite a 1% dip, Ameristar St. Charles (above) was the state leader, grossing … Continue reading
Posted in Bally, BetMGM, Boyd Gaming, Caesars Entertainment, Century Casinos, DraftKings, FanDuel, Genting, Kansas, Law enforcement, LVCVA, Marketing, Massachusetts, Missouri, New York, Penn National, Phil Ruffin, PointsBet, Regulation, Rush Street Gaming, Sports, Sports betting, The Strip, Wynn Resorts
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Wynn, Caesars jostle in New York City; Penis envy
With a rival Coney Island casino proposal TKO’d and Steve Cohen‘s Citi Field one on the ropes, Wynn Resorts is stepping up its push for getting the brass ring at Manhattan‘s Hudson Yards area, adjacent to the Javits Center. A … Continue reading
Posted in Alabama, Architecture, Arizona, Atlantic City, Australia, Bally, Boyd Gaming, Caesars Entertainment, Charity, China, CityCenter, Crown Resorts, Culinary Union, Diversity, Genting, Health, James Packer, Las Vegas Sands, Law enforcement, Louisiana, Macau, Marketing, Maverick Gaming, MGM Resorts International, Michigan, Mohegan Sun, Money laundering, New York, Ohio, Politics, Regulation, Reno, Sports, Sports betting, Station Casinos, The Strip, Tribal, Wynn Resorts
3 Comments
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
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
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Caesars surprises Wall Street; Rincon defects; Bluhm to NYC?
Since the Roman Empire is not given to pre-announcing earnings (it leaves that to MGM Resorts International), its tribunes must have had some pretty good end-of-year numbers to trot out, which they did this morning. The headline, at least as … Continue reading
NFL bettors sacked; Strip resort folds; Caesars plan panned
Life at S&G HQ is seriously clouded by the critical illness of a beloved fur baby. Nevertheless, we shall endeavor to gather our thoughts, starting with the consequences for bettors of the life-threatening Damar Hamlin injury on Monday Night Football. … Continue reading
Posted in Arizona, Atlantic City, Caesars Entertainment, Chicago, Derek Stevens, DraftKings, Economy, Entertainment, Failsinos, FanDuel, Florida, Genting, Georgia, Hard Rock International, Horseracing, International, Las Vegas Sands, LVCVA, Macau, MGM Resorts International, Nebraska, New Jersey, New York, Ohio, PointsBet, Politics, Racinos, Riviera, Rush Street Gaming, Sports, Sports betting, The Strip, Tribal, TV, Wall Street, Wynn Resorts
1 Comment
Caesars Strip-tease; Slot flea swatted; Biden targets resort fees
In the end, all that talk of Caesars Entertainment selling a Las Vegas Strip asset was just a sham. The company probably couldn’t find any takers for the Flamingo at CEO Tom Reeg‘s preposterous asking price (ditto his equally preposterous … Continue reading
Posted in Arizona, Bally, Baseball, Caesars Entertainment, Chicago, Churchill Downs, Conventions, Cordish Co., Hard Rock International, Indiana, Internet gambling, Lake Tahoe, Louisiana, Michigan, Nebraska, Nevada, New York, Planet Hollywood, Politics, Real Estate, Resort fees, Sports betting, Taxes, The Strip, Tourism, Tribal, Virginia, Wall Street, Washington State
4 Comments
Caesars, Station fulfill expectations; Flamingo to be sold; Chicago: It’s Bally’s
Analysts on Wall Street are going to be ratcheting up their forecasts for Caesars Entertainment for the remainder of 2022. Or so says Deutsche Bank analyst Carlo Sanatarelli. The Roman Empire’s 1Q22 cash flow of $296 million exceeded The Street’s … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Conventions, Economy, Hard Rock International, Illinois, Indiana, Internet gambling, Louisiana, Palms, Politics, Rush Street Gaming, Sheldon Adelson, Sports betting, Station Casinos, Technology, The Rio, The Strip, Wall Street
3 Comments
Sex, drugs and Resorts World LV; Massachusetts gets serious about sports betting; Caesars wins two Freddies
Both the reputations of Resorts World Las Vegas and its president, Scott Sibella, could be besmirched by a Nevada Gaming Control Board investigation. The tentative probe stems from charges made by gambler Brandon Sattler as part of a huge bankruptcy … Continue reading
Posted in Architecture, Caesars Entertainment, California, Detroit, Economy, Japan, Las Vegas Sands, Louisiana, Macau, Marketing, Massachusetts, MGM Resorts International, Money laundering, Peninsula Pacific, Penn National, Phil Ruffin, Politics, Real Estate, Regulation, Resorts World LV, Sam Nazarian, Singapore, Sports betting, Taxes, The Mob, The Strip, Tribal, Wynn Resorts
1 Comment
Politics as unusual in Chicago; Caesars: Rock the casbah
It never seems to get easier for Chicago casino applicants, who are facing stony opposition from many of their would-be neighbors (and customers) and who also find themselves pawns in a convoluted political process. At stake is something called “aldermanic … Continue reading
Posted in Atlantic City, Bally, Caesars Entertainment, Chicago, Culinary Union, Detroit, Hard Rock International, Horseracing, Illitch Family, Indiana, International, Lotteries, MGM Resorts International, Neil Bluhm, Nevada, New York, Penn National, Politics, Regulation, Rush Street Gaming, Station Casinos, Wall Street, Wynn Resorts
2 Comments
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
Adele fiasco at Caesars; Trouble for Sands in Florida
Resorts World Las Vegas, we’ll see your Celine Dion health-scare postponement and raise you an Adele cancellation at Caesars Palace. The British megastar’s team has, like so much of the human race, contracted Covid-19 and is not physically capable of … Continue reading
Posted in Alex Meruelo, Bally, Boyd Gaming, Caesars Entertainment, Churchill Downs, Diversity, Election, Entertainment, Florida, Greenwood Racing, Health, history, Las Vegas Sands, Louisiana, Macau, Marketing, New York, Peninsula Pacific, Penn National, Pennsylvania, Regulation, Sahara, Seminole Tribe, Sports, Sports betting
1 Comment