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All GLG News Analyses Filed Under: Gaming & Casinos

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Posted February 27, 2007
A VERY SOLID MOVE FOR STATION CASINOS
Analysis of: Station Casinos Accepts Revised $5.4 Billion Offer | online.wsj.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
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...
Posted February 26, 2007
A LEGEND PROPERTY MAKES ROOM FOR A NEW MEGA RESORT
Analysis of: THE STARDUST SEES THE LAST ROLL OF THE DICE | news.yahoo.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
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...
Posted February 23, 2007
The employees are leaving the ship
Analysis of: NEW TROPICANA OWNER TRIMMING WORK FORCE | www.reviewjournal.com
Author: William Sherlock, Former President and CEO Mashantucket Pequot Tribal Nation
Columbia Sussex has taken over the Aztar properties and, specifically what happens in Vegas and Atlantic City impacts the whole market.
Posted February 23, 2007
MORE OF THE SAME NOT ALWAYS BEST FOR THE AREA
Analysis of: MAXIM PERMITTED TO MOVE ON / LAS VEGAS STRIP | www.reviewjournal.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
 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....
Posted February 21, 2007
CLOSING ANOTHER DOWNTOWN PROPERTY WOULD HURT THE AREA
Analysis of: WHY BINIONS IS LIKELY TO GO ON THE BLOCK OR CLOSE | www.lasvegassun.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
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...
Posted February 21, 2007
SHEDDING THE WORKERS IS NOT THE ANSWER
Analysis of: NEW TROPICANA OWNER TRIMMING WORK FORCE | www.reviewjournal.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
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...
Posted February 16, 2007
COMPANIES ARE EXPANING HOLDINGS IN MACAU
Analysis of: GAMBLING BEYOND NEVADA | www.reviewjournal.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
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...
Posted February 15, 2007
MGM MIRAGE HAS MADE A STRONG STATEMENT WITH THIS PLAN
Analysis of: PARTNERSHIP PLANS HOUSING FOR EMPLOYEES | www.casinocitytimes.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
 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...
Posted February 15, 2007
THE FEDS SAY IT'S TIME TO ALLOW UNIONS TO TALK TO TRIBAL EMPLOYEES
Analysis of: TRIBES LOSE LABOR RULING | www.reviewjournal.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
It seems like there is a very fine line between keeping tribal affairs and federal guidelines in perfect order. It's my opinion that the courts made the correct decision in this case. The implications of allowing tribes off the hook where unions are concerned or for that matter any type of employee...
Posted February 14, 2007
BUYER'S ATTEMPT CREATIVE FUNDING
Analysis of: HARRAH'S ENTERTAINMENT AQUISITION | www.reviewjournal.com
Author: Ron Lodge, Former Senior Marketing Executive (former) Venetian Casino Resort Inc
It is not a new idea to try and find creative funding for large projects in the casino industry. Remember that it has not been all that long ago that most of the fancy financing came through or with the backing of majors labor unions. In the case of Harrah's purchase, they are willing to subordinate...
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