All GLG News Analyses Filed Under: Gaming & Casinos

 The purchase of the Sahara Hotel in Las Vegas could bring the additional push needed to update the north end of the strip. This is a very vital property and has been in need of either a major overhaul or should be taken down to dirt and start over again. The impact of this end of...

Where will this disturbance between Steve Wynn and the dealers at Wynn Las Vegas end up? The real issue here is why Mr. Wynn decided to take away income from his front line people and give it away to mid management. The dealers are like a host for customers. There is more to their job then tossing cards....

This is a very important move on the parts of Station Casinos and Colony Capital. It will allow them to make direct moves on new locations without the concern of investor approval. They also have a few properties that are in need of some minor make up in order to keep the hotels up to date with...

The ending of an era in Las Vegas has come to the famous Stardust Hotel and Casino. It is making room for Boyd Groups "Echelon Place". To all concerned is was time to move on. This is a strategic move for the Boyd group who was mired in the old property. The only way to stay in the game was to take...

Columbia Sussex has taken over the Aztar properties and, specifically what happens in Vegas and Atlantic City impacts the whole market.

 Many of the top investment firms see Las Vegas as a golden opportunity to create new business. Since this is certainly one of the fastest growing resort areas in the world, one would have to feel more of the same should benefit the city and it's residents -  not to mention the project owners....

The closing of the Lady Luck Hotel and Casino did not seem like a big deal at the time as the owners talked about refurbishing and up dating the hotel. The truth of the matter was that they had some financial problems and were unable to start the clean up process. The thought of closing Binions...

I agree that it's important that staff must be kept at a workable level. It certainly is a great factor keeping the bottom line where it should be. It is even more important to keep your hotel in a position to maintain customer levels above what the market demands. In the case of the new owners of the...

This is certainly not a concept that is hard to understand. Expansion where the profit picture is beyond what was expected leads to more of the same. In this case, Wynn Resorts, Venetian (Sands) and MGM are planning new properties. Some are already under way. Makes good business sense - hard to...

 MGM MIARAGE has taken the lead in employee relations. They are getting ready to start a planned community for employees just a short thirty minute or less drive from the Las Vegas Strip. This will be a complete housing area with all types of retail to maintain the community, school access and...