Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
STATION CASINOS A GOOD BET TO GET PAST THIS POOR ECONOMY
February 16, 2009
STATION CASINOS SUED OVER REORGANIZATION PLAN - (LAS VEGAS) | www.lasvegassun.com
A reorganization plan will certainly aid in lowering debt service. Is this enough of a stimulant to keep things on an even footing until there is some type of a recovery in the economy? Does a law suite, at this time, really help either side? Should all of the involved parties get together to solve the differences with out the lawyers getting involved with a suite? Should the best interest of Sation Casinos properties be the main concern - I think so.....
February 9, 2009
DEVELOPER HOPES "M" IS MAGNETIC - "NEW LAS VEGAS HOTEL" | www.lvrj.com
When Marnell first started dreaming of the M resort he felt that several factors would play well for his property
CAN PENN NATIONAL MAKE PROGRESS WITH THE PURCHASE OF A LAS VEGAS STRIP PROPERTY
February 9, 2009
CASINO OPERATOR STILL SHOPPING FOR A STRIP PROPERTY - LAS VEGAS | www.lvrj.com
Penn National has the cash to make a deal. Is there a property that is enticing enough to get Peter Carlino's attention. ( Number 1 at Penn National) He wants a strip hotel and the numbers might seem high, but if your really interested - it's the time. Can he make a success in this very high flying gaming area?
Maryland's Greed Helps Its Competitors
February 9, 2009
Miller calls slots bid "unacceptable" | www.hometownannapolis.com
Asking operators to put up millions of dollars for the right to operate slot machines with a 67% tax rate might have worked, if Maryland had a monopoly and we weren't in a worldwide recession. Right now, the state's horseracing industry, is in a struggle to survive. Magna Entertainment (MECA) wouldn't even put up the $28.5 million required to apply for a license. This is good news for the casinos and tracks in Atlantic City, Pennsylvania and Delaware.
A NEW CASINO PROPERTY OPENING IN LAS VEGAS IS ALWAYS A WELCOME EVENT
February 2, 2009
DEVELOPER HOPES "M" IS MAGNETIC - "NEW LAS VEGAS HOTEL" | www.lvrj.com
The proper blend of tourist and local trade is a must for this property. It would be a serious stretch to say the "M" is on the strip - it is located on Las Vegas boulevard, however, on the farthest southern part the is still considered in the city. It will be a rough task to make this property meet all of the owners expectations.
IT WILL NOT BE A EASY PROCESS RESTORING REVENUES BACK TO WHERE THEY SHOULD BE
January 9, 2009
NEVADA - GAMING REVENUES FELL FOR THE 11TH STRAIGHT MONTH | www.lvrj.com
How to approach dropping revenues? Where will the needed business come from in 2009. Has the industry finally bottomed out? Will the bailout packages and government incentive programs give the added disposable income needed for tourism to get back to normal?
January 6, 2009
MGM MIRAGE OPENS CityCenter's JOB APPLICATION PROCESS | www.lvrj.com
Has the gaming industry started to turn the corner? What's the outlook for 2009 and is it possible to get out of the poor market by years end? Where will the business come from. How should the industry market their goods and services during 2009? Can all the properties survive another poor business year?
Phone Bets Not a Major Threat to A.C. Casinos
December 28, 2008
Horse Race Betting on Phones OK With Wire Act, Online Casinos No? | www.onlinecasinoadvisory.com
New Jersey's decision to allow mobile phone betting with N.J. racetracks will not have a major impact on Atlantic City casinos. Twenty other states allow Advance Deposit Wagering on races. Everyone agrees this is legal intra-state, and also agrees that it has to be limited to bets on races, not Internet casinos.
More important than the new A.G. is Democrats' victory in Congress
December 28, 2008
New US Attorney General Not Good For Gambling | www.recentpoker.com
President Obama will have the final word and will look to his new A.G. for guidance on Internet gaming. But Harry Reid, from Nevada, will be an even more powerful Majority Leader of the Senate, and Barney Frank a more powerful voice in the House. And they can agree to keep online sports betting illegal.
THE CASINO GAMING INDUSTRY HAS REACHED A VERY SERIOUS DOWN PERIOD
December 12, 2008
GAMING REVENUE DIVES AGAIN - RECESSION HAMMERS STATE'S CASINOS | www.lvrj.com
Gaming figures are substantially down. The tourist influx has faded to rather poor numbers. How to deal with the recession, depression, business downturn, or what ever label we wish to place on it, is on every companies agenda. It has been for quite a while. What is the answer - hard to say at this point.
Wynn Resorts becoming "more Chinese" with Hong Kong IPO
September 24, 2009
California's Impact on the Las Vegas Strip, City Center & the port of LA
September 8, 2009
Great News for Slot Manufacturers, If Legislature Agrees
August 31, 2009