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GLG News by Gaming and Casinos Consultants

Graham WoodDirectoriGaming Consultancy Ltd What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Will Europe's Casinos Survive The Economic Downturn?

December 8, 2008

Las Vegas Sands COO Expects to Survive `Rough' 18 Months Ahead | www.bloomberg.com

Whilst the impact of the recession in the US is already being felt amongst casino businesses in Las Vegas and elsewhere, it appears that Europe's operators are so far largely unaffected. For the moment the jury is out on whether the worst is yet to come, or if the sector will react differently on the other side of the Atlantic. Thanks to the markedly different client demographics and gaming behaviour in Europe will the industry weather the storm? Or will the sector's weakened state following the introduction of smoking bans in many countries leave it susceptible to the effects of the downturn in customer spending when it begins in earnest?

Michael Pollock, Managing Director

Michael PollockManaging DirectorSPECTRUM GAMING GROUP L.L.C. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Atlantic City's future looks bright, concerns still exist

September 27, 2006

Wynn considers return to Atlantic City's casino industry | www.pressofatlanticcity.com

The success of Borgata in Atlantic City is still paying dividends, as more operators seek place in that market.

Atlantic City benefits from critical mass of investment, low tax rates.

As more operators seek entry, it fuels even more interest in Atlantic City.

The big problem is the availability of sufficient acreage within the existing casino zone in Atlantic City.

Michael Pollock, Managing Director

Michael PollockManaging DirectorSPECTRUM GAMING GROUP L.L.C. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

New Jersey is a highly political state and investors need to be aware of risk factors

August 29, 2006

Meadowlands slots would hurt casinos | www.nj.com

We have developed a thesis that is largely bullish on the future of Atlantic City. Investors, however, need to be aware of risk factors. New Jersey is a highly political state, and the future of the gaming industry is tied inextricably to such political fortunes. We are in fundamental agreement with the Casino Association of New Jersey on these issues, and this recently published op-ed piece in the state's largest newspaper details the issue very well.

Michael Pollock, Managing Director

Michael PollockManaging DirectorSPECTRUM GAMING GROUP L.L.C. What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Atlantic City's future tied to retailing, renovation

August 4, 2006

AC is building a Las Vegas image | www.app.com

The article implies that Atlantic City is following the same trajectory as Las Vegas in its development into a resort destination. The author also suggests that Atlantic City is still reliant on a "low-budget, bus tour crowd," although acknowledges that is changing.

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