Gaming Roundup - Studio City Macau Opens

Studio City in Macau has opened. The 3 plus billion dollar hotel designed in part to bring more non-gaming amenities to Macau features a batman ride and a figure eight ferris wheel in the middle of the building.

Studio City should be a good barometer of how non-gaming attractions do in the Macau market, especially since the government only granted them 250 tables.

Next door to Studio City on the Cotai Strip is The Parisian. The 2.7 billion dollar Las Vegas Sands owned hotel and casino will open in late 2016 or early 2017. It was originally planned for a spring 2016 opening so it's being pushed back a bit.

Back here stateside Caesars Entertainment is halfheartedly trying to sell their bankrupt CEOC unit, but it appears there aren't any bidders likely because Total Rewards would be excluded from the transaction.

Boyd Gaming, Penn National, and Eldorado Resorts all reported earnings within the past few days. All three locals operators seem to be doing well growing EBITDA, but I like net income better which seems to be hard to come by.