GLG News by Las Vegas Gaming Experts: Consultants

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.

WHERE HAS ALL THE BUSINESS GONE - LAKE LAS VEGAS SUFFERING

March 31, 2010

Lake Las Vegas is a very upscale community about fifteen miles S.E. of the Las vegas Strip. Private homes - 1700 of them surround three very beautiful golf courses, Lowe's Hotel and a Ritz-Carlton would be considered the anchor properties for the area.The MonteLago Casino is a few steps from the Ritz and well located within the Italian style village retail shopping promenade. Sounds great, but business is in distress and so are the properties mentioned above.........

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.

PENN NATIONAL NEEDS TO MAKE SURE LAS VEGAS IS A MARKET THEY REALLY WISH TO ENTER

April 23, 2009

PENN (PENN NATIONAL GAMING) STALKS LAS VEGAS STRIP FOR BARGAINS AS MGM, HARRAH'S BATTLE DEBT LOAD | www.bloomberg.com

Could the timing for a purchase by Penn National entering the Las Vegas gaming arena be slightly premature for them. Is this truly the market area that would fit into their family of properties? Can this be a mistake on their part, by looking into a type of higher end gaming establishments?

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.

LAS VEGAS IS NOT OFF TO A GREAT START IN 2009 - IS THERE A BRIGHT FUTURE FOR THE GAMING INDUSTRY

April 14, 2009

VISITATION SLIPS 8 PERCENT IN FEBRUARY DESPITE DEEP DISCOUNTS - (LAS VEGAS) | www.lvrj.com

With statistics showing a rather slow start for 2009, can the Las Vegas gaming industry show some promise for the remainder of the year? Where will the business come from to create added revenue? Will the slight signs of the national economy improving create some incentive for people to head to Las Vegas?

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.

AT A TIME MGM NEEDS ALL THE HELP THEY CAN GET, WHAT'S UP WITH THEIR PARTNER

March 26, 2009

ANYONE HEARD FROM KIRK ..... (Kirk Kerkorian-MGM,MGM/Mirage) | www.lvrj.com

Can the CityCernter 9.3 plus billion dollar project on the Las vegas strip get completed without help from Dubai World? What should we read behind the litigation recently against MGM by D.W.? Could they be looking for a bigger stake in this project?

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 THE CHANGING OF IDEAS FOR GETTING CUSTOMERS BACK TO LAS VEGAS NOT A PROBLEM FOR ALL U.S. GAMING AREAS???

March 10, 2009

MOVEMENT AFOOT AMONG HOTEL OPERATORS TO REINVENT LAS VEGAS YET AGAIN | www.lvrj.com

Can new thoughts of marketing the Las Vegas gaming arena hold water? How can this be achieved during such a poor and receding economy. Where do these guests get new money to finance these vacation trips? Las Vegas has been reinvented several time with varying  affect. Can a new effort take hold?

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.

BUYING INTO STATION CASINOS COULD BOLSTER BOYD GAMING'S STATURE IN THE LAS VEGAS LOCALS MARKET

March 2, 2009

BOYD'S NET LOSS OVERSHADOWED BY POSSIBLE STATION BUY | www.lvrj.com

This possible purchase by Boyd Gaming Group of some of Station Casinos properties could help Boyd's position in the local market. My thought is that where does it leave their mega resort The Echelon that was recently halted on the Las Vegas Strip. It would seem more prudent to get this project on the road again. By any standards, the locals market has been in a state of flux to say the least.  No doubt Boyd is anticipating a superb deal from Station Casinos. The time may be ripe for a transition of properties. It remains to be seen just what the real reaction from Station will be.

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 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.....

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.

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?

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 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.

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 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?

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