GLG News by Experts in the Leisure & Lodging Council

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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?

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

MGM MIRAGE NEW CITYCENTER PROJECT LOOKS LIKE A SOLID WINNER FOR LAS VEGAS AND THE GAMING INDUSTRY

September 17, 2008

DESPITE ITHER STALLED PROJECTS, CityCenter STILL ON TRACK | www.lasvegassun.com

How will this beautiful new mega resort affect the dynamics of the Las Vegas gaming industry.? Will it start a trend as the Mirage did when it opened in1989? Can other top properties keep up and expand to keep up with this new trend? 

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

IS THERE A LINE TO BE DRWN BETWEEN INDIAN CASINOS AND GOVERNMENT

September 16, 2008

INDIAN POWER AND GAMBLING | www.latimes.com

Can California Indian gaming have the last word when dealing with government and it's representatives. Why such a big deal over charity gaming? It seems as though the Tribes already have a pretty solid monopoly.

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSOLUTIONZ HOLDINGS What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Totally myopic view of the travel industry will not stimulate growth

September 9, 2008

Sector Snap: US online travel stocks mostly fall | biz.yahoo.com

Orbitz stock fell 7.2% on Thursday, largely attributed to the fact that 87% of its bookings are US domestic and 74% of their product sold is comprised of air tickets. Priceline also fell, but not as substantially.  Only Expedia reported a rise in value. The following facts substantiate this observation about the online industry being myopic in its approach to the travel marketplace. •  Just 15% of US overnight travel is by air •  85% is by car, motorcycle, RV or other •  Just 8% of all travel in the US is for pure vacation travel to top 100 destinations •  Just 26% is business travel • That leaves 66% that do day trips, weekend jaunts close to home, visit friends and family and "life event" travel (weddings, funerals, sports tournaments, graduations, family reunions, etc.) to the other 86,900 cities, towns and villages in the US. The online players (and their offline counterparts alike) virtually ignore all but the vacationing and business travelers.

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

A NEW PROPERTY FOR STATION CASINOS - A GOOD OMEN IN A DOWN ECONOMY

August 25, 2008

SUN CITY ALIANTE-ABUZ WITH CASINO ANTICIPATION | www.lasvegassun.com

This property construction was started prior to the drop off in business. It's not the best scenario for an opening, however, it should stimulate some new business for this company. It's in a rather new residential area and should help the community it serves very well.

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSOLUTIONZ HOLDINGS What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Until we get to "intent-based, situationally relevant" search, there is no vision

August 25, 2008

Is Microsoft's Vision of Search Enough to Catch Google? | www.businessweek.com

We are still in the world of Search 1.0 at best.  As long as search engines don't care what my intent is or what my current circumstances are, then I will still get 563,000 results when I enter Travel Tampa in a search bar.  Is there anyone out there that really thinks that this is effective search?

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

IT SEEM THAT TROPICANA ENTERTAINMENT MAY FINALLY BE HEADED IN THE CORRECT DIRECTION

August 25, 2008

TROPICANA BUYER GAMBLED BIG ON '06 BUY - FELL HARD | www.lasvegassun.com

New top man at Tropicana Entertainment, Scott Buterra, has handled his new duties with efficiency and care for employee's.  A good start for a company that had it's head buried in the sand since being purchase by Bill Yung in 2006. Even having paid more than market value for Tropicana Entertainment, with expert management there could have been light at the end of this dark passage way.

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

THE MACAU ECONOMY HAS BEEN EXCELLENT - WHY PUT A DAMPER ON GOOD TIMES??

August 19, 2008

TRYING TIMES LOOM FOR SANDS IN MACAU | www.lvrj.com

Is it my imagination or does China not have both oars in the water? Why try and curtail the profit structure of a very viable industry serving their country well? It's time that the policies of China work to help industry rather than hamper it. Hard to figure their motives...

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

STATION CASINOS SHOULD BE ABLE TO OVER COME THE SHORT FALL IN BUSINESS

August 18, 2008

STATION CASINOS REPORT A 2Q FALL IN REVENUE | www.lasvegassun.com

Having been an avid fan of Station Casinos for quite a long time, it always distresses me to see negative reports concerning them. Their second quarter reported loss does not seem to be outlandish. They have many thing on their plate at this time. The cost of doing business continues to rise as the affect of the economy continues to hurt the bottom line. When will gaming we see the light???  

Ron LodgePresidentLas Vegas Gaming Consultants What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

DURANGO STATION CASINO WILL BE BUILT - WILL IT BE STARTED IN 2009 ???

July 28, 2008

AT LAST, DURANGO STATION DETAILS - (NEW PROPERTY IN LAS VEGAS) | www.lvrj.com

Money has a way of raising concerns for most new construction in Las Vegas. Colony Capital will have to make the decision along with their partners ( the Fertita family) if the timing is right for early 2009. The money is there, however, will they pay the inflated price to get financed? 

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