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Coronavirus-forced closures weigh on Churchill Downs’ first-quarter results

April 30, 2020 - The coronavirus crisis kept horses off tracks, fans out of stands and bettors away from wagering windows during a good chunk of the first quarter — all dreary circumstances for... Read more »

MGM Growth Properties’ first-quarter results miss forecasts; REIT mum on Cosmopolitan

April 30, 2019 - MGM Growth Properties officials celebrated acquisitions (Empire City) improvements (Park MGM and NoMad) and a sale of operations (MGM Northfield Park) during its first-quarter earnings report. The REIT also said... Read more »

MGM Growth Properties bullish on business, but fourth-quarter results miss Street forecasts

February 15, 2019 - With executives buoyed by the closing of acquisitions, planned renovations for two Las Vegas Strip properties and surging performance across its portfolio, MGM Growth Properties reported increases in revenue and... Read more »

Sands officials: No impact from China trade war as Macau drives company’s third quarter results

October 25, 2018 - Las Vegas Sands executives said Wednesday during the company’s third quarter conference call that they haven’t seen any fallout from the ongoing trade war and political tensions between the U.S.... Read more »

Red Rock Resorts’ first quarter buoyed as Las Vegas properties post highest results since 2008

May 2, 2018 - A big after-tax gain helped Red Rock Resorts, the parent of Station Casinos, post increases in first-quarter net income from a year earlier, although revenue fell. Red Rock Resorts on... Read more »

Why Bob Baffert won’t be at the Kentucky Derby for the second year in a row

May 4, 2023 - The Kentucky Derby is a tradition that’s never been canceled. Postponed once by World War II and again by the coronavirus pandemic in 2020, America’s greatest race has rolled on... Read more »

Potawatomi Hotel & Casino announces appointments of new chief financial and chief information officers

September 22, 2022 - Potawatomi Hotel & Casino Thursday announced the appointments of Kerry Janovitch as chief financial officer and Garret Finocchiaro as the Milwaukee, Wisconsin-property’s first chief information officer. Janovitch has been the... Read more »

New Jersey casino, online, sports betting revenue up 10% in August

September 17, 2022 - ATLANTIC CITY, N.J. (AP) – New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types of gambling outlets won $470.6 million from gamblers in... Read more »

Frank Floor Talk: Non-smoking efforts are growing, but no cigar yet

August 23, 2022 - Some things are nearly certain. Hell is not going to freeze over. U.S. Senators will never agree on anything. And Nevada casinos will not ban smoking (Park MGM and the... Read more »

Old wives’ tales and ancient myths

May 15, 2022 - DraftKings announced its first-quarter results on May 6. CEO Jason Robins forecasted over $2 billion in revenue for the year. Revenue for the quarter was $417 million. In the same... Read more »