Gerson Lehrman Group - Intelligently Connecting Institutions and Expertise.

All GLG News Analyses Filed Under: Gaming & Casinos

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

William SherlockFormer President and CEOMASHANTUCKET PEQUOT TRIBAL NATION 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.

Don't sweat the short term

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

Ron LodgeFormer Senior Marketing Executive (former)VENETIAN CASINO RESORT, LLC 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.

THE TROPICANA LAS VEGAS TO BE PLACED BACK ON THE MARKET - AN INTERESTING PROSPECT

May 14, 2008

TROPICANA ENTERTAINMENT BOSS MAY LOSE INFLUENCE | www.lvrj.com

Why should we care if the Tropicana Las Vegas is sold again? The general public could care less, however, it would be a very severe blow to Columbia Sussex image to again have to sell a property for the poor management choices of Bill Yung - the top man behind it's rapid demise. Their Atlantic City property is now in the hand of a appointed Receiver. It's bankruptcy, Chapter 11, to save the day -Maybe, Maybe not........

Ron LodgeFormer Senior Marketing Executive (former)VENETIAN CASINO RESORT, LLC 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.

MACAU IS LIMITING ANY NEW GAMING PROPERTIES - WILL THIS HELP OR HURT

April 23, 2008

MACAU GOVERNMENT TO HALT GROWTH, CURB GAMBLING | www.bloomberg.com

The timing may be OK for the Government of Macau to take a second look at what is happening to this very vital land. How will this decision on their part affect the future growth of this fabulous gaming capital. It has been an investors paradise up to now and has offered some of our top gaming companies the opportunity to expand. This is a gamers dream come true - look at the numbers........   

William SherlockFormer President and CEOMASHANTUCKET PEQUOT TRIBAL NATION 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.

A few more insights

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

Ron LodgeFormer Senior Marketing Executive (former)VENETIAN CASINO RESORT, LLC 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.

It's hard to Trump Mr. Trump - Las Vegas has a new beautiful Hotel / Condo

April 14, 2008

JUST TRY TRUMPING THIS | www.lasvegassun.com

The investment money market could be reason enough for a delay in the start of Trumps second tower. He would not be the only one taking a second look at finances during this down period. He can look at the Strip and see where Las Vegas is heading. If he wants to make some serious inroads into the gaming business here he needs not to hold back to long. He has a knack for doing what others have failed to do - successfully I might add.

Ron LodgeFormer Senior Marketing Executive (former)VENETIAN CASINO RESORT, LLC 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.

HERBST GAMING NEEDS TO HOLD ON - THEY HAVE A GOOD BASE

April 14, 2008

HERBST GAMING FACES HURDLES | www.lvrj.com

Herbst Gaming has some tall ladders to climb. It seems that they may have over extended themselves. It would seem they must consider doing some soul searching - restructuring their debt should be the first order of business..... New direction is also a serious thought they will have to put in motion.

Ron LodgeFormer Senior Marketing Executive (former)VENETIAN CASINO RESORT, LLC 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.

THE LOSS OF A BRANDED PROPERTY IS ALWAYS A SAD NOTE FOR THE CASINO INDUSTRY

April 14, 2008

HOOTER BRAND WILL GET THE BOOT - NEW OWNER WILL RENAME, REMODEL THE OFF STRIP PROPERTY | www.lvrj.com

 Does this hotel have a chance in today's casino market? The possibility of making the Hooter Hotel into to a winner will be a large undertaking. It's had, a less than stellar reputation over the past few years. The new owners seem to be trying by renaming and updating the property. It's a hefty project.......    

William SherlockFormer President and CEOMASHANTUCKET PEQUOT TRIBAL NATION 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.

Absolutely correct

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.

Sustainability Factor

March 25, 2008

GLG Expert Contributor

TROPICANA OWNER HIRES NEW MR. FIX IT | www.lasvegassun.com

Fixing is about having the right experience and knowlege Getting the organization involved at all levels Need to have a plan for execution and the right metrics in place to monitor progress

Ron LodgeFormer Senior Marketing Executive (former)VENETIAN CASINO RESORT, LLC 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 COLUMBIA SUSSEX ALLOW NEW MANAGEMENT TO BRING THEM BACK TO A VALUED COMPANY

March 24, 2008

TROPICANA OWNER HIRES NEW MR. FIX IT | www.lasvegassun.com

This could be a sound move by Columbia Sussex. The hiring of Scott Butera could cause the company to move in a different direction. Where do they go from here? Will senior management allow Scott the freedom to make corrections in their company policy?

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