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GLG News by this Author

Negotiating Rent Cuts with Starbucks Could Make or Break a Property

June 1, 2009

Analysis of:Starbucks Pushing Landlords for 25% Cut in Cafe Rents | www.bloomberg.com

If you are the owner of a small or medium strip mall the presence of Starbucks and the traffic it generates may be critical for your success.

Tribal Sovereign Immunity can Significantly Impact Business Relationships

November 24, 2008

Analysis of:Appeals court upholds tribal immunity | www.azcentral.com

The immunity granted Federally recognized Indian Tribes can play a significant role in business relationships between a Tribe and any other entity. In general Tribes cannot be sued for any reason within or outside the borders of their reservation. If not addressed through a waiver of immunity at the outset, business relationships could be significantly impacted.

Caesars Windsor an Object Lesson of Current Casino Capital Expenditure.

July 14, 2008

Analysis of:Caesars Windsor impresses patrons | www.canada.com

Only time will tell whether the expenditure of $430 million was a wise decision for Caesars Windsor. If the decision to make this expenditure were being made today the current state of the financial markets would have probably mad4 the decisions for them. Casinos in North American are facing unprecedented challenges due to numerous economic forces. Caesars Windsor's proximity to Detroit with the downturn in the auto industry can only magnify these challenges.The weak U.S. dollar also does not help in attracting the American market.

Florida's Seminole Tribe Could Be Smart Staying Home

March 18, 2008

Analysis of:FLORIDA CASINO-OWNING TRIBE SAYS - WE'LL STICK TO HOME | www.lasvegassun.com

There is nothing like a home court advantage. A federally recognized Indian tribe operating a casino on its own reservation has a tremendous advantage over other potential gaming operators. As a sovereign nation, and depending on their individual agreement with the State, they are exempt from State and Federal taxes on their operation. Their sovereign status can free them from labor laws, building and zoning regulations and civil authority by State courts. Their gaming operation can be regulated by the Tribe itself without outside scrutiny, they may be exempt from health and safety rules and regulations, even prohibitions on smoking imposed by the State. None of these potential advantages would be enjoyed by a commercial gaming competitor and the Tribe would not have these advantages outside its reservation. I would stay home too.

The Potential for Problems for Employees on Federally Recognized Indian Reservations.

March 17, 2008

Analysis of:TRIBE ACCUSED OF DESCRIMINATION BY FIRED EMPLOYEE | news.rgj.com

There exists many potential problems for non Native Americans working as employees of Federally recognized Native American Tribes. First, many Tribes exercise Native preference in hiring and promotion of employees. Non Indians therefore can face an up hill battle from the start. Second, current case law restricts State and Federal government oversight over employment and labor laws on reservations. The reservations are considered for these purposes as sovereign and employees recourse in cases where they believe they are unfairly treated must rely on tribal courts. The story as written is one being repeated nationwide. The National Labor Relations Board is recently beginning to allow the right of employees to organize and join unions, Tribes however are fighting this tooth and nail. Example the Mashantucket Pequot Tribe, owners of the Foxwoods Casino in Connecticut.

Tribal Sovereign Immunity off of the Reservation- It Matters

July 13, 2006

Analysis of:Tribal Sovereign Immunity of the Reservation | www.clarionledger.com

An enormous casino resort, including an indoor eighteen hole golf course is proposed for the Tunica, Mississippi market and has received some preliminary approvals

Two separate Indian tribes are two be included as partners

What precautions and considerations must be taken regarding the sovereign immunity of Federally recognized Native American Indian tribes?

Atlantic City Could Teach Us

July 7, 2006

Analysis of:atlantic | www.pressofatlanticcity.com

Government shuts down your main revenue source.

How often does that happen?

Take advantage of the disadvantage.

Realize that placing too many assets in one place might hurt.

Low Pay Leads to "Who Cares?"

June 28, 2006

Analysis of:Retailers Rail Against Shoplifting Rings | www.lvbusinesspress.com

Retailers are increasingly victims of organized criminals.

If you are paying your employees minimum wages can you really expect them to help stop it?

If you are paying your employees a minimum wage are you in effect encouraging them to assist these organized criminals?

The Potential Debacle of Gaming In Pennsylvania

June 26, 2006

Analysis of:Casinos Could Be Delayed By A Year | www.post-gazette.com

The Commonwealth of Pennsylvania made a decision in 2004 to allow up to 61,000 slot machines in order to provide property tax relief. That is a lot of slot machines.

It is now 2006 and not one dollar has been raised. Not one slot machine has been installed and it is unclear when any licenses will be issued.

Government inaction and incompetence may cause millions in losses to gaming companies.

Organized Crime Now Gone, The Importance of Regulation To The Gaming Industry

June 15, 2006

Analysis of:Attorney's ideas for changing gaming regulation system deserve consideration | www.reviewjournal.com

The best thing that ever happened to the legalized gambling business was regulation. The gaming industry, as we now call it, should do everything in its power to promote and support well thought out changes in a jurisdiction's regulatory system.

Tribal Sovereign Immunity and American Business Today

June 12, 2006

Analysis of:Realities of Tribal Sovereignty, Indian Gaming and Their Money Making Machine | hawaiireporter.com

    The issue of sovereign immunity granted by Congress to federally recognized Indian tribes is becoming a significant factor nationwide. Partnering or otherwise dealing with a tribe could find an individual or entity facing an impossible hurdle to receive redress or simple payment from Native Americans.

The Riviera and Las Vegas Nostalgia

June 12, 2006

Analysis of:Reliving The Good Old Days | www.lasvegassun.com

While much of "old" Las Vegas has been imploded, there may be a value in maintaining some things which are not brand new.

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