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Foxwoods Resort Casino Winstar Resort Casino Mohegan Sun Resort Casino
Foxwoods Resort Casino Winstar Resort Casino Mohegan Sun Resort Casino LOCATION Mashantucket, Connecticut Thackerville, Oklahoma Uncasville, Connecticut Hotel HOTELS 4 2 1 (2 by Fall 2016) HOTEL Rooms 2,266 1500 1200 (1600 by Fall 2016) HOTEL Amenities 2 Spas Spa Spa Gambling Legal Gambling Age 21 18 21 CASINO SIZE 323,376 Square Feet 519,000 square feet 300,000+ Square Feet SMOKE-FREE Designated areas on CASINO Designated areas on CASINO Designated areas on CASINO GAMING FLOOR FLOOR FLOOR # OF SLOTS & Electronic Games 5500 7,200 5000 Over 300 Tables - includes Over 300 Tables - includes 98 Tables - includes Midi Baccarat, Baccarat, Midi-Baccaran, Baccarat, Blackjack, Caribean Blackjack, Caribean Stud, Three Blackjack, Caribean Stud, Stud, Roulette, Three Card Card Poker, Card-based Craps & Roulette, Three Card Poker, Poker, Craps, Crazy 4 Poker, TABLE GAMES Roulette, Crazy 4 Poker, Spanish Craps, Crazy 4 Poker, Spanish Spanish 21, Let It Ride, Pai Gow 21, Let It Ride, Pai Gow Poker, 21, Let It Ride, Pai Gow Poker, Poker, Pai Gow Tiles, ‘Money’ ‘Money’ Wheel, Ultimate Texas Pai Gow Tiles, ‘Money’ Wheel, Wheel, Ultimate Texas Hold'Em, Mississippi Stud Ultimate Texas Hold'Em, Hold'Em, Mississippi Stud Mississippi Stud FOXWOODS REWARDS Four Momentum - 5 Levels. CLUB PASSPORT - Three Levels. REWARDS CLUB Levels - No affiliation to other Affiliated with Resorts (AC) & No affiliation to other casinos. casinos. Mohegan Sun Poconos (PA) POKER 97 Tables - WPT Affiliation 46 Smoke-free Tables 42 Smoke-free Tables ADDITIONAL Racebook; Bingo Center -
Las Vegas | Hotel Q2 2020
Research & Forecast Report LAS VEGAS | HOTEL Q2 2020 The Great Pause Economic Indicators R CONVENTION ReR Passengers Attendance > Las Vegas resorts, hotels and motels suspended operations for most of the second quarter +1.6 +1.4% > Re-openings began in June, with more properties Feb opening than was initially predicted +6.5% 2020 > No sales occurred in the second quarter of 2020 With data from May 2020 available from the Las Vegas Market Indicators Convention & Visitors Authority, we can see clearly the impact Relative to prior period Q2 2019 Q3 2020* an industry shut down has on those industry’s statistics. Room Room Inventory occupancy, average daily rate (ADR) and revenue per available Room Occupancy room (RevPAR) collapsed in April and May 2020, reaching levels possibly not seen in Southern Nevada’s history. After significant Average Daily Rate investment sales over the past two quarters, no hospitality Revenue Per Available Room properties sold in the second quarter of 2020. *Data Not Available Year-to-date visitor volume in May 2020 was 8.7 million visitors, representing negative 38.5 percent year-over-year growth. Room occupancy growth in May 2020 was negative 45.8 percent Summary Statistics citywide, negative 46.8 percent on the Las Vegas “Strip” and Las Vegas Market Q2, 2019 Q1, 2020 Q2, 2020 Room Inventory 143,251 141,934 142,225 Revenue Per Available Room (RevPAR) Room Occupancy 91.2% 70.8% 1.7% $140.00 Average Daily Rate $130.45 $142.97 $60.50 $120.00 $100.00 Revenue Per Available Room $118.89 $101.19 $1.03 $80.00 $60.00 $40.00 $20.00 $0.00 3 Q 2018 4 Q 2018 1 Q 2019 2 Q 2019 3 Q 2019 4 Q 2019 1 Q 2020 2 Q 2020 negative 43.2 percent in Downtown. -
Structured Finance
Corporates Gaming / U.S.A. 2014 Outlook: U.S. Gaming Deleveraging Potential Outlook Report High Leverage Is So 2013: After a busy 2013, with a first-ever gaming/REIT spin-off and three Rating Outlook major debt-funded M&A transactions, gaming companies are positioned with solid FCF profiles, STABLE limited development prospects and stringent credit agreement provisions. Fitch Ratings believes this is a formula for meaningful deleveraging across the industry. Notable exceptions (2013: STABLE) could be the U.S.-based Macau operators, which will be ramping up developments on Cotai and currently maintain low leverage levels in Macau. A handful of lightly leveraged companies may also look to increase shareholder-friendly activity. Finally, a Gaming REIT: Fitch believes the entrance of REITs into the gaming sector will potentially drive up trading EV/EBITDA multiples, provide new sources of capital (e.g. sale and leaseback), create better transparency on the value of physical casino assets and the gaming licenses (retained by the operator) and possibly increase tolerance for higher leverage. Tepid Domestic Growth Prospects: 2014 casino openings in Ohio, Baltimore and possibly Lake Charles, LA will grow but also cannibalize their respective markets. Same-store growth will continue to be soft, although we project regional markets to fare better relative to 2013 as the effects from the sequester and the payroll tax holiday rollback will anniversary. Operators with exposure to the Las Vegas Strip and Macau will continue to benefit. We project 3% gaming revenue growth for the Las Vegas Strip (5% RevPAR growth) and 12% for Macau. Sector Outlook Greater Interest Rate Sensitivity: Many gaming companies used term loans to refinance STABLE fixed-rate notes or execute M&As. -
Research & Forecast Report
Research & Forecast Report Q1 2019 Las Vegas Economic Review Glossary Industrial Definitions Incubator: Multi-tenant buildings without dock-high loading doors that have a parking ratio lower than 3.5/1,000 square feet and bay sizes lower than 3,500 square feet. Light Distribution: Multi- or single-tenant buildings that include dock-high loading doors and have bay sizes of less than 15,000 square feet. Light Industrial: Multi- or single-tenant buildings without dock-high loading doors that have a parking ratio lower than 3.5/1,000 square feet and, in the case of multi-tenant buildings, bay sizes of at least 3,500 square feet. Multi- or single-tenant buildings without dock-high loading doors with parking ratios in excess of 3.5/1,000 Flex: square feet. Multi- or single-tenant buildings that include dock-high loading doors and have bay sizes of at least 15,000 Warehouse/Distribution: square feet. Office Definitions Class A Office: Buildings with steel frame construction, high end exterior finish, distinctive lobbies featuring upgraded finishes, amenities including on-site security, state-of-the-art communications and data infrastructure and covered parking. Class A buildings are usually multi-story. Class B Office: Buildings with steel frame, reinforced concrete or concrete tilt-up construction. Class B buildings contain common bathrooms and hallways, and their lobbies may have granite and hardwood detailing. Class B buildings are often multi-story. Class C Office: Buildings of wood frame construction. Class C buildings are often garden-style and are built around courtyards. Retail Definitions Community Center: Retail centers anchored by supermarkets, drug stores and discount department stores. -
Reduced Asking Price: $300,000,000
FOR SALE 38.50 ACRES ON THE WORLD-FAMOUS LAS VEGAS STRIP HACIENDA AVENUE LAS VEGAS BOULEVARD RUSSELL ROAD Michael Stuart Mike Mixer, Executive Vice President Executive Managing Director REDUCED ASKING PRICE: $300,000,000 +1 702 836 3739 +1 702 836 3777 [email protected] [email protected] PROPERTY IS LOCATED IN A QUALIFIED OPPORTUNITY ZONE License # NV-S.0028088 License # NV-B.0021557.LLC CONFIDENTIALITY AGREEMENT © 2019 Colliers International This Confidential Offering Memorandum (the “Memorandum”) is being delivered exclusively by Colliers International (the “Agent”) to a party who may be interested in the acquisition of the 38.5 Acres (the “Property”), described in this Memorandum. This is a private offering, made only by delivery of a copy of the Memorandum to the recipient (the “Recipient”). By accepting this Memorandum, the Recipient agrees to comply strictly with the terms and conditions of the Confidentiality Agreement previously executed and delivered to the Agent by the Recipient with respect to this Memorandum and all information contained herein, and to use this Memorandum only for the purpose of evaluating the offering made hereby. The material contained in this Memorandum is provided solely to assist the Recipient in determining whether it is interested in making an investigation or evaluation concerning a potential purchase of the Property. Neither the Agent nor any affiliates or client of the Agent which term includes related entities, the owners of any equity interest in the Property, (“Owner”), the manager of the Property (“Manager”), and any officers, employees and agents of any such parties make any representations or warranties with regard to the accuracy or completeness of the information contained herein. -
Ark Restaurants Corp
Ark Restaurants Corp. 2018 ANNUAL REPORT The Company We are a New York corporation formed in 1983. As of the fiscal year ended September 29, 2018, we owned and/or operated 20 restaurants and bars, 19 fast food concepts and catering operations through our subsidiaries. Initially our facilities were located only in New York City. As of the fiscal year ended September 29, 2018, five of our restaurant and bar facilities are located in New York City, two are located in Washington, D.C., five are located in Las Vegas, Nevada, three are located in Atlantic City, New Jersey, one is located in the Faneuil Hall Marketplace in Boston, Massachusetts, two are located on the east coast of Florida and two are located on the gulf coast of Alabama. In addition to the shift from a Manhattan-based operation to a multi-city operation, the nature of the facilities operated by us has shifted from smaller, neighborhood restaurants to larger, destination properties intended to benefit from high patron traffic attributable to the uniqueness of the location. Most of our properties which have been opened in recent years are of the latter description. As of the fiscal year ended September 29, 2018, these include the operations at the 12 fast food facilities in Tampa, Florida and Hollywood, Florida (2004); the Gallagher’s Steakhouse and Gallagher’s Burger Bar in the Resorts Atlantic City Hotel and Casino in Atlantic City, New Jersey (2005); Durgin Park Restaurant and the Black Horse Tavern in the Faneuil Hall Marketplace in Boston, Massachusetts (2007); Yolos at -
Casino Development: How Would Casinos Affect New England's
C Horn C A Symposium Sponsored by the Federal Reserve Bank of Boston Robert Tannenwald, Editor Special Report No. 2 Published in October 1995 Preface / iii Welcome and introduction / v Cathy E. Minehan Panel I: impact on income and Jobs The extent to which casino development fosters the economic growth of a state or local area has been vigorously debated. What evidence of the economic effects of casino development do we have, based on both theory and empirical research? What can New England ]earn from regions where casinos are more widespread? What are the methodological issues in estimating casinos’ impact on jobs and income? Introduction Robert Tannenwa]d The Impact of Casino Gambling on income and Jobs / 3 Ear] L. Grino]s Gambling and the Law®: Endless Fields of Dreams® I. Nelson Rose indian Gaming’s impact on income and Jobs / 47 S. Timothy Wapato High=Stakes Casinos and Economic Growth / 52 Arthur W. Wright Panel ll: Implica~ons for Public Sector Revenues Casinos pay substantial taxes and fees to state and local governments. What is the optimal way to tax casinos? To what extent do taxes and fees collected from casinos displace public revenue generated by other forms of state-sponsored gambling, such as lotteries and parimutuel betting? Do revenues from casino taxes displace revenues from sales taxes? Who ultimately bears the burden of casino taxes? introduction / 59 Gary S. Sasse The Promise of Public Revenue from Casinos Charles T. Clotfelter Steven D. Gold Finances: The Case of New Jersey / 74 Ran3ana G. Madhusudhan Perspective of the Treasurer of Massachusetts / 87 The Honorable Joseph D. -
Lasvegasadvisor May 2021 • Vol
ANTHONY CURTIS’ LasVegasAdvisor May 2021 • Vol. 38 • Issue 5 $5 THE PASS OPENS Spruced up casino hits downtown Henderson … pgs. 1, 4, 5, 16 VIRGIN TERRITORY What’s the new joint all about? … pgs. 2, 8, 9, 12, 13, 14, 16 VAX PROMOS Take the shot, get a lot … pg. 3 BUFFETS Are they coming back? … pg. 7 POOL SEASON Cool pools open everywhere … pg. 14 CASINOS Local (702) Toll Free 2021 MEMBER Aliante Casino+Hotel+Spa ...................692-7777 ...... 877-477-7627 Aria .......................................................590-7111 ...... 866-359-7757 Arizona Charlie’s Boulder .....................951-5800 ...... 800-362-4040 REWARDS Arizona Charlie’s Decatur .....................258-5200 ...... 800-342-2695 Bally’s ...................................................739-4111 ...... 877-603-4390 Bellagio .................................................693-7111 ...... 888-987-7111 DINING, INCLUDING Binion’s .................................................382-1600 ...... 800-937-6537 “LOCAL CORNER”, DRINKS, Boulder Station .....................................432-7777 ...... 800-683-7777 Caesars Palace.....................................731-7110 ...... 866-227-5938 ATTRACTIONS, AND California ..............................................385-1222 ...... 800-634-6505 Cannery ................................................507-5700 ...... 866-999-4899 GAMBLING Casino Royale (Best Western Plus) ......737-3500 ...... 800-854-7666 Circa .....................................................247-2258 ...... 833-247-2258 Circus Circus ........................................734-0410 -
2013 Helmsbriscoe Annual Business Conference Partner Attendees Alpha Company Name
2013 HelmsBriscoe Annual Business Conference Partner Attendees Alpha Company Name First Name Last Name Company Work City Work State Work Country Email Address Patricia Baleyto Abama Golf & Spa Resort Santa Cruz de Tenerife Spain [email protected] Natalie Moran Accor New York New York USA [email protected] Ludovic Dupont Accor Paris France [email protected] Stephanie Tang Accor Global Sales Paris Paris France [email protected] Katie Schultz ACE Conference Center Philadelphia Pennsylvania USA [email protected] Madeline Aguiar Ace Hotel New York New York USA [email protected] Larry Atchison Albuquerque Convention & Visitors Bureau Albuquerque New Mexico USA [email protected] Beth Brown Alpharetta Convention & Visitors Bureau Alpharetta Georgia USA [email protected] Sheryl Lang Amsterdam Hospitality New York New York USA [email protected] David Katz Anaheim Marriott Anaheim California USA [email protected] Barbara Kenney Anaheim/Orange County Visitor & Convention Bureau Dallas Texas USA [email protected] Jamie Carrow Argonaut Hotel San Francisco California USA [email protected] Kara Schmitt Aria Resort & Casino & Vdara Las Vegas Nevada USA [email protected] Amanda Wilhelm Arizona Biltmore, A Waldorf Astoria Resort Phoenix Arizona USA [email protected] Deborah Academia Arizona Grand Resort & Spa Phoenix Arizona USA [email protected] Hal Davis Aruba Convention Bureau Jacksonville Beach Florida USA [email protected] -
Creating a Resort from a Resort
Spectrum Gaming Group LLC 1001 Tilton Road, Suite 201 Northfield NJ 08225 March 10, 2006 Economic Study, Feasibility Report Regarding proposed Pocono Manor casino/hotel complex Prepared for Matzel and Associates Acquisition LLC Executive Summary..................................................................................................................... 4 Introduction .................................................................................................................................. 6 Background: Capital investment ............................................................................................... 8 Working with public sector: parallel interests......................................................................... 9 Construction estimates.............................................................................................................. 11 Projecting gaming revenue....................................................................................................... 12 Core markets...........................................................................................................13 Gaming revenue model: assumptions...........................................................................13 Number of slots: Initial installation of 3,000 units.....................................................13 Determining optimal level of machines..................................................................... 17 Peak‐period analysis: Justifying 5,000 slots ...........................................................18 -
Steve Brecher Wins $1,025,500 Poker Palooza
FAIRWAY JAY’S MASTERS PREVIEW ROUNDERLIFE.com KEN DAVITIAN BORAT’S CHUM EXUDES CHARISMA AND CLASS ROY JONES JR Y’ALL MUST HAVE FORGOT STEVE BRECHER WINS $1,025,500 NICK BINGER SURVIVING LONGEST FINAL FROM $50 TABLE IN WPT HISTORY TO $1,000,000 ALL CANADIAN FINAL WSOP CIRCUIT EVENT FEATURED MONTREAL’S SAMUEL CHARTIER VS POKER TORONTO’S JOHN NIXON PALOOZA APRIL 2009 $4.95US DREAM A LITTLE DREAM INSIDE: POKER + ENTERTAINMENT + FOOD + MUSIC + SPOR T S + G I R L S Live the EXCLUSIVE WEB VIDEO AT ROUNDERLIFE.COM ROUNDER GIRLS AFTER DARK • PLAYER INTERVIEWS HOT NEWS AND EVENTS CASINO AND RESTAURANT REVIEWS BEHIND THE SCENE FOOTAGE LETTER FROM THE EDITOR Before you can be a legend, PUBLISHER You gotta get in the game. he World Series of Poker Circuit Event, recently held at Caesars Atlantic Greg McDonald - [email protected] City, has consistently become one of the most well attended events on the circuit schedule. e eleven tournaments that took place from Mach 4th - 14th attracted EDITOR-IN-CHIEF T Evert Caldwell - [email protected] over 5000 players and generated more than $3 million dollars in prize money. is years champion was 23 year old Montreal, Quebec native, Samuel Chartier. e young pro MANAGING EDITOR took home $322,944, and the Circuit Champion’s gold ring for his eff ort. Second place Johnny Kampis fi nisher John Nixon from Toronto, Ontario, made it an All Canadian fi nal. e full time student took home $177,619. Could this be the year a Canadian wins the WSOP Main CONTRIBUTING EDITOR Event ? Canadians were well represented at last years Main Event, making up the highest Dave Lukow percentage of players from a country outside of the US. -
Diablooffice Center 5555 Redwood St., Las Vegas, Nv 89118
FOR SALE DIABLOOFFICE CENTER 5555 REDWOOD ST., LAS VEGAS, NV 89118 MARC MAGLIARDITI, SIOR, CCIM TRAVIS LANDES BRENDAN KEATING Vice President Vice President CEO 702.954.4115 702.954.4126 702.954.4108 [email protected] [email protected] [email protected] S.0065949.LLC S.0177027.LLC B.0068678.LLC DIABLOOFFICE CENTER 5555 REDWOOD ST., LAS VEGAS, NV 89118 Property Highlights Listing Snapshot • Excellent Owner / User opportunity with +/- 4,706 SF available for immediate occupancy • 82% occupancy will provide an Owner / User immediate income $5.8MM +/-25,813 SF $225 • Positioned in the rapidly expanding Southwest submarket Offering Price Available SF Price Per SF directly adjacent to Spring Valley Hospital • Conveniently located less than 2 miles from the CC-215 which provides quick and easy access to the Las Vegas Demographics Valley Population 1-mile 3-mile 5-mile • Located just off high traffic Rainbow Blvd. surrounded 2020 Population 15,618 142,006 368,315 by numerous retail amenities and quick service- and sit down- restaurants Income 1-mile 3-mile 5-mile 2020 Average Household Income $79,957 $73,402 $79,651 Households 1-mile 3-mile 5-mile 2020 Total Households 6,239 57,218 144,481 The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. RENO Centennial Hills RN TETON RN TETON Aliante FR Vicinity Map FR UTAH EORN EORN HUALAPI EER RIN EER RIN EER RIN ECATR The Southwest Submarket experienced significant T ECO OEE CENTENNI REERE CENTENNI inventory growth in the second half of 2019 with over TROICAL TROICAL TROICAL 170,000 SF of office space delivered, and approximately NN NN NN L E VD ONE 256,000 SF of proposed construction was announced the EN ECATR CAYTON ION COERCE end of 2019.