GLG News by Mr. William Sherlock, Former President and CEO
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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vegas probably has hit the bottom but the climb back is overwhelming
July 20, 2009
MGM Mirage Says Las Vegas 'Bouncing Along a Bottom' | www.bloomberg.com
It is going to be a long haul for vegas to return to the glory years of the early 2000's
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April 24, 2009
PENN (PENN NATIONAL GAMING) STALKS LAS VEGAS STRIP FOR BARGAINS AS MGM, HARRAH'S BATTLE DEBT LOAD | www.bloomberg.com
Ron usually is spot on in his Las Vegas analysis but I think he has missed the boat on this one
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March 12, 2009
Ohio Jobs and Growth Plan | www.casinocompendium.com
Penn has switched course in Ohio, why?
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February 9, 2009
DEVELOPER HOPES "M" IS MAGNETIC - "NEW LAS VEGAS HOTEL" | www.lvrj.com
When Marnell first started dreaming of the M resort he felt that several factors would play well for his property
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Several other factors come inot play
December 8, 2008
Travel Numbers see steep decline [in Las Vegas] | www.klas-tv.com
The gaming/nongaming revenue mix has changed dramatically since the gulf war recession of the early 90's
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Cordish/Gomes versus Tropicana Entertainment
October 30, 2008
OWNERS OF THE TROPICANA APPEAL-OFFICALS ASK REGULATORS TO RETURN CONTROL OF BELEAGUERED PROPERTY TO THEM | www.lvrj.com
Ron's points are well taken but let's look at the playing field for these two companies
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July 28, 2008
MACAU HOTEL LIFTS WYNN RESORTS PROFITS - CHINA POPERTY HELPS RESULTS SURPASS FORECAST | www.lvrj.com
The results that ahve been produced by WYNN for the last quarter is going to be indicative of what we see in the near term future.
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It could have a chilling effect
July 7, 2008
Illinois smoking ban sends casino revenues down | www.detnews.com
Detroit casinos may have an advantage relative to competition in not absorbing huge losses of business due to a smoking ban.
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July 7, 2008
Penn National Gaming Cancels Its Sale to Private Equity Firms | www.nytimes.com
Penn National Gamings Board of Directors has made the decision not to allow the private equity firms to re-price their offer
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July 2, 2008
STATION CASINOS ANNOUNCES GRAND OPENING OF ALIANTE STATION | www.lasvegassun.com
Aliante Station will present challenges for Stations but not any that they can't overcome.
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What do I hear for this property
June 26, 2008
US CREDIT-Harrah's risky as capex continues in weak economy | www.reuters.com
Barry Milligan brings up some excellent points in his analysis of Harrahs
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June 24, 2008
CASINO OPPONENTS KEEP CLOSE EYE ON RESERVATION (CALIFORNIA) | www.signonsandiego.com
Whenever a Native american tribe wants to build a casino, this is how it always plays out
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June 19, 2008
FOR HOTEL DEALS SHOP AROUND - LA VEGAS | www.lasvegassun.com
The companies that have multiple properties in Las Vegas have an interesting dilemma
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It's not just supply and demand
June 9, 2008
Hotel CEOs Lament Softening Demand, Foresee Some Discounting | www.btnmag.com
The hospitality industry is and will be facing an increasingly tight market in which to operate
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June 2, 2008
Buyout of Penn National May Involve Revised Terms | www.nytimes.com
I think Nelson is right on target
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May 29, 2008
WYNN PLANS RITZY MEETING COMPLEX | www.lvrj.com
I think Wynn has a great business plan however I believe he needs to review the terrain and understand that he is not alone
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May 15, 2008
MGM's Net Sinks 30% as Revenue Falls | online.wsj.com
MGM Mirage has the right approach to the current economic environment
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April 15, 2008
HERBST GAMING FACES HURDLES | www.lvrj.com
There are quite a few issues that Herbst needs to address, some they can fix and some they can't
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March 25, 2008
TROPICANA OWNER HIRES NEW MR. FIX IT | www.lasvegassun.com
Ron is correct that Scott Butera is the right guy for the job IF columbia Sussex lets him do it.
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March 24, 2008
CASINO SMOKING BAN SINGES REVENUES - COLORADO | www.denverpost.com
Each time a smoking ban is implemented, the results are usually the same
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