GLG News by Experts in the Leisure & Lodging Council

With the economy in a short fall downturn can the opening of a new Las Vegas resort help or hinder Wynn Resorts? What will the effect of this new property be on the bottom line. When we see an up turn in business will it be enough to ward off declining room inventory??

Tribal sovereign nation status is a Federally approved law which has been challenged and has been upheld in the courts.  The labor issues are new and still will have a number of challenges ahead for the Native American Tribes.  However, this issue has also surfaced a number of other complicated...

The effect of taking certain aspects of sovereignty away from the tribes could set off a very large legal battle. How will this affect the bottom line for these casinos? Is there a compromise in the offing and if so when?

The US Court of Appeals ruled that tribal casinos are not exempt from labor laws

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...

Will the ending of this private take over of Penn National improve their stock. Peter Carlino, head man at Penn national thinks they will buy back some of their stock, invest in new properties and generally put Penn back in the plus side of the of the of the profit sheet. Could happen!

Can this “new” facility attract enough incremental play and visitation to justify the cost?  With high gas prices, increase border security, an overall weak economy and a weak dollar, how many Americans will make the trip on a regular basis?

Since the merger in 2005 and Harrahs going private probably the smartest and most significant change to come in the organization is the branding of Harrah's to Caesars Entertainment. Although Harrah's itself is a strong brand as was Horseshoe which is also owned by Harrah's, the names have never commanded...

Detroit casinos may have an advantage relative to competition in not absorbing huge losses of business due to a smoking ban.

Penn National Gamings Board of Directors has made the decision not to allow the private equity firms to re-price their offer