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.

An interesting situation

June 19, 2008

FOR HOTEL DEALS SHOP AROUND - LA VEGAS | www.lasvegassun.com

The companies that have multiple properties in Las Vegas have an interesting dilemma

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 CASINO INDUSRTY IN LAS VEGAS DOING THEIR ALL TO KEEP THE TOURISTS COMING

June 17, 2008

FOR HOTEL DEALS SHOP AROUND - LA VEGAS | www.lasvegassun.com

The benefits to the Nevada casino industry to offer more incentives for both tourist and locals to return to past numbers is vital. The business downturn has taken a toll on all properties. The thought of sitting on their hands to see if business will return on it's own will not produce results. It is an industry wide dilemma that needs to be addressed. 

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.

Totally Agree

June 2, 2008

Buyout of Penn National May Involve Revised Terms | www.nytimes.com

I think Nelson is right on target

I. Nelson Rose, Distinguished Senior Professor

I. Nelson RoseDistinguished Senior ProfessorWHITTIER COLLEGE 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 Penn Gaming Buyout Will Go Through

May 30, 2008

Buyout of Penn National May Involve Revised Terms | www.nytimes.com

Besides the short-term financials, there are good reasons for the deal to be completed.  One item that has not been mentioned in the news coverage is that gaming regulators hate being misled, and the gaming industry is fairly small.  If Fortress or its banks back out completely, they will find it very difficult to buy another gaming company, which are always inviting targets due to their great cash flow, once the credit markets turn around.

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 lot of competition

May 29, 2008

WYNN PLANS RITZY MEETING COMPLEX | www.lvrj.com

I think Wynn has a great business plan however I believe he needs to review the terrain and understand that he is not alone

Is this the right market for Wynn?

May 28, 2008

GLG Expert Contributor

WYNN PLANS RITZY MEETING COMPLEX | www.lvrj.com

Loss of on-site golf course Is the convention business complemtary to a high end casino? Is this just an attempt to drive revenue from a new (different) market segment?

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.

STEVE WYNN'S PLANS FOR HIS STRIP PROPERTY COULD NOTCH ANOTHER STAR ON HIS RESUME

May 28, 2008

WYNN PLANS RITZY MEETING COMPLEX | www.lvrj.com

Steve Wynn's plans to build additional convention and hotel space may have to wait. The lending market is not quite what it should be at this time. It may be more prudent to put a hold until the market lightens up a bit. Money has not stopped him in the past though - he always manages to get the cash when needed - he always was the innovator and always had results to prove he was correct in his calculations.     

I. Nelson Rose, Distinguished Senior Professor

I. Nelson RoseDistinguished Senior ProfessorWHITTIER COLLEGE 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.

Misleading Story from an Anti-Casino Group

May 16, 2008

GOVERNMENT GIVES CALIFORNIA TRIBE LAND FOR CASINO | www.citizenlink.org

This is from Focus on the Family, openly opposed to all gambling.  The situation in Rohnert Park was unique, and the project still has a long way to go.

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.

LAS VEGAS BASED STATION CASINOS WILL SURVIVE THE BUSINESS DOWNTURN

May 16, 2008

STATION FORGES AHEAD DESPITE QUARTERLY LOSS | www.lvrj.com

It's a matter of time till the downturn in the gaming industry will adjust itself. Can Station's hold on and still claim their #1 spot within the locals market. What will their recent private buyout partnership do to control losses? It's not a wait and see market ------

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.

WHY SHOULD A TRIBE BE ABLE TO PICK AND CHOOSE WHERE TO HAVE A CASINO

May 15, 2008

GOVERNMENT GIVES CALIFORNIA TRIBE LAND FOR CASINO | www.citizenlink.org

Is any person or persons able to put up a casino any place they like? This must be the exclusive right of Native American Tribes. How will this affect community relations? Where do the tribes go from here - do they actually have any restrictions? Must they be appeased every time they want something?

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