Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Again We Go Through "Casino" Debates
November 3, 2008
Experts: Fears of casino loophole overblown | www.ohio.com
Las Vegas may have another local competitor which may cost more jobs there than it creates in Ohio. I also have to ask if Ohio has appropriate people to properly regulate Casino action in the state. Lakes is a strong company and I believe would operate a good property, but it will be interesting to see how the tribal gaming machine will respond.
Cordish/Gomes versus Tropicana Entertainment
October 30, 2008
OWNERS OF THE TROPICANA APPEAL-OFFICALS ASK REGULATORS TO RETURN CONTROL OF BELEAGUERED PROPERTY TO THEM | www.lvrj.com
Ron's points are well taken but let's look at the playing field for these two companies
Opponents fear casino initiative will win
October 29, 2008
Experts: Fears of casino loophole overblown | www.ohio.com
Opponents of Lake Entertainment's (LACO) Ohio casino initiative have shown how desperate they are. And they have every right to be, with polls showing voters favor allowing this casino by nine points.
October 28, 2008
OWNERS OF THE TROPICANA APPEAL-OFFICALS ASK REGULATORS TO RETURN CONTROL OF BELEAGUERED PROPERTY TO THEM | www.lvrj.com
Is it beyond possibility to get the Tropicana Atlantic City back under their control? How would the recapture of this property help the outlook for the future of Tropicana Entertainment? Will the New Jersey Gaming Commission really look favorably on this possible return of this property to Tropicana Entertainment hands?
October 16, 2008
SHUT DOWN HARD ROCK'S GAMING, STATES ATTORNEY GENEALS McCOLLUM SAYS | www.miamiherald.com
What benefit to the State of Florida would be closing several hotels and casinos? The loss of jobs, revenue and other valued assets is outlandish. The Attorney General must need some economic tutoring - he is way off base - could there not be other ways to approach the situation the Seminole's face with full blown Las Vegas style gaming?
THE CASINO COMPANIES WITH PROPERTIES IN MACAU CAN REST A BIT EASIER
October 15, 2008
MACAU UP, BUT STRIP WEAK - WYNN RESORTS | www.lvrj.com
Will the play in Macau continue to give a big boost to American based companies? I am sure, that as the market starts to recoup you will find added interest in this area of intense gaming. I can't think of another place that creates as much dollars invested by players on a regular basis. It's what is keeping some of the top gaming companies looking better than expected during the business and economic drop.
October 9, 2008
Wealth breeds 'poverty of soul' | www.sacbee.com
Problems caused by increasing affluence is causing major issues for Tribes and their members.
THE GOVERNMENT OF CHINA ADDING TOURISM RESTRICTION FOR MACAU
October 6, 2008
MACAU DROP-OFF HURTING LAS VEGAS | www.lvrj.com
Tourists restrictions in general usually will help bring more interest to an area. In the case of Macau, the Chinese powers to be seem to be hurting business. What's their plan - there is to much investment capital invested and planned to be invested for the government to be brainless in this matter. It does not say much for the top decision makers and their business and marketing prowess.
JUST ANOTHER HIT FOR LAS VEGAS WHEN THE GAMING LOCALS MARKET NEEDS SOME HELP
September 26, 2008
BUSINESS SHUTS LAS VEGAS AUTO OUTLETS - TWO DEALERSHIPS CLOSE IN SLUMPING ECOMOMY | www.lvrj.com
The closure of an auto dealership in general is no big deal. The loss of many dealerships under the same banner can't be a good sign. The trickle down effect of losing jobs could hurt gaming in the local market. Loss of income means less people at the gaming table and slots. We can hardly afford more problems.
LOOK LIKE "IGT" IS NOT THE ONLY GAMING RELATED BUSINESS TO FEEL THE DOWN TURN
September 18, 2008
IGT TO IMPOSE LAYOFFS | www.casinocitytimes.com
Seems that the only way most companies can cope with business being off is to cut payroll. Laying off good staff member is not the way to go. There are other measures that can be worked out. How much will these reduced staff actually help IGT, and is it premature to think that there is a break in the gloom and doom coming in 2009?
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