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Books benefit from underdog wins

Books benefit from underdog wins

Two-thirds of the Sunday favorites in Week 9 NFL action fell into the trash can as underdogs barked their way to an 8-4 ATS day with five of them winning outright. The public loves betting the favorites so when only four of them cover on a Sunday, it’s usually good news for the sportsbooks. “A […]
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G2E a strange trip

G2E a strange trip

Normally at this time of the year, I spend several weeks discussing all the shiny new table games at the Global Gaming Expo. But nothing about 2020 seems normal, so this year, my entire report will be a single column. There are two reasons for this. The first is that the entire show was held […]
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Penn National Gaming looks strong

Penn National Gaming looks strong

Last Thursday, Penn National Gaming Inc., reported record adjusted earnings margins that soundly topped Wall Street estimates. The operator of gaming venues under the Hollywood and ­Argosy brands (among others), which runs the Tropicana and the M Resort in Nevada, said it earned 93 cents a share on revenue of $1.13 billion in the third […]
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Nevada Gaming Control Board chairwoman resigns

Nevada Gaming Control Board chairwoman resigns

Sandra Douglass Morgan, chairwoman and executive director of the Nevada Gaming Control Board who oversaw the gaming industry’s reopening from the coronavirus pandemic and its safety protocols, resigned Thursday to rejoin the private sector. Douglass Morgan will serve on the board of directors for Fidelity National Financial, which is owned by Vegas Golden Knights owner […]
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Red Rock Resorts Third Quarter Earnings

Red Rock Resorts Third Quarter Earnings

Red Rock Resorts reported Tuesday net revenues fell 27% in the third quarter but adjusted revenue from its Las Vegas operations rose 38.6% or $39.4 million to $141.7 million from the same period in 2019.  The third quarter net revenues for Las Vegas were $320.8 million, down from $440.7 million a year ago. That marked […]
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Boyd Gaming reports Q3 adjusted earnings growth

Boyd Gaming reports Q3 adjusted earnings growth

Boyd Gaming reported Monday that Las Vegas locals’ business has picked up from a slow start in June and July and into the fourth quarter. But CEO and President Keith Smith said while profits are up, the recovery is going to be “long and slow.” Boyd Gaming said that while third-quarter revenue for Las Vegas […]
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How Indiana got it right

How Indiana got it right

When it comes to crafting success out of unexpected circumstances, it sure seems like Sara Tait has cornered her portion of the market. The executive director of the Indiana Gaming Commission since the summer of 2015 got her start in the industry because of eagerness. She moved up the career ladder because of her efficiency. […]
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Lopez scores KO on Vegas books

Lopez scores KO on Vegas books

Nevada sportsbooks took it on the chin Saturday night when Teofimo Lopez upset favored Vasiliy Lomachenko by unanimous decision at the MGM Grand Conference Center to win the lightweight world unification title. It was the first major boxing match since the pandemic and it was also offered for free on ESPN. “We had a lot […]
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Mohegan Sun gaming license gets green light

Mohegan Sun gaming license gets green light

The Nevada Gaming Control Board recommended Wednesday that Mohegan Sun operate the first tribal casino in the Strip corridor and the gaming company said it will be able to drive visitors to Las Vegas from the East Coast, Canada and South Korea. The former Hard Rock Hotel, whose property is owned by JC Hospitality, has […]
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Off to fast start in New Hampshire

Off to fast start in New Hampshire

When opportunity knocks, you open the door, even if you’re not quite sure what’s going to happen. Chris Robichaud took that leap of faith at his place of employment — The Brook Casino in Seabrook, New Hampshire. The 44-year-old from Windham, Mass., was content working at the casino’s manager for poker and table games when […]
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