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Ken Adams Gaming Guru - Page 14  Quick-takes: The month's trends in a glance - March 200331 March 2003
After months of anxiety and uncertainty, the war arrived. It
is much too soon to say what the impact will be on the economy or gaming. However
there have been some immediate reactions. The Las Vegas Convention and Visitors
Bureau, Connecticut Indian casinos and Harrah's Cherokee decided to change,
delay or tone down their advertising. ... (read more)
Harrah's Watch - March 200331 March 2003
Harrah's is the most diverse of all the casino companies. Harrah's
is also the most diverse in its approach to the gaming industry. Gaming companies
are looking for expansion opportunities; Harrah's is often one step ahead.
Leading the way with its tribal contracts, now as a 'racino' operator ... (read more)
Bits and Pieces from Indian Country - March 200331 March 2003
Sovereignty makes headlines again this month; actually it would
be more accurate to say it is the headlining story every month in Indian country.
The U. S. Supreme Court is going to be hearing an important case that will either
limit the ability of states to enforce laws on tribal land or limit ... (read more)
Quick-takes: The month's trends in a glance - February 200328 February 2003
The threat of war is shaping the economy, depressing the stock
market, impacting investment and consumer confidence and pushing the states'
budget crisis to greater extremes. The Dow Jones Industrials ended February
at 7884, down 169 points from the beginning of the month. The threat of war
... (read more)
Bits and Pieces from Indian Country - February 200328 February 2003
Tribal sovereignty is the foundation of Indian gaming. Before
a "tribe" can assert sovereign rights it must be "federally recognized." As
one would expect, the recognition process is contentious one. February saw
two competing proposals, one to place a moratorium on recognition and one to
... (read more)
Quick-takes: The month's trends in a glance - January 200331 January 2003
These are times that try, if not men's souls, at least their
pocketbooks. The threat of war, poor operating results and an economy that
at best produced mixed signals have depressed the stock market again in January
2003. The Dow Jones Industrial Average started the month at 8342 and finished ... (read more)
Wynn (and Trump) Watch - January 200331 January 2003
Some months this section tracks a major company, often Harrah's,
following the trendsetters in the hopes of getting a glimpse of the future.
The last couple of months, this space has been devoted to the two most flamboyant
personalities in the industry. Watching Donald Trump and Steven Wynn may ... (read more)
Bits and Pieces from Indian Country - January 200331 January 2003
California is certainly the big story in Indian gaming this
month. The battle lines between some of the communities and the tribes have
been drawn. The state is reaching into Indian gaming for $6 billion of the
$35 billion budget shortfall. At the same time, the Governor has joined the
... (read more)
Quick-takes: The month's trends in a glance - December 200331 December 2002
The economy in December wasn't much different than the rest
of the year. The stock market was down for the month; the DOW began the month
at 8902 and ended at 8341. 2002 was the third year in a row in which the DOW
declined. The DOW began 2000 at 11,501, 2001 at 10,790, and 2002 at 10, 021. ... (read more)
Wynn (and Trump) Watch - December 200231 December 2002
Steve Wynn has a lot to do theses days. The money has been
raised, the ground broken and the plans nearly completed for his Las Vegas dream:
LeReve. In Macau, he has a casino to build, staff and get in operation before
his dream is complete. That does not seem to be enough for the energetic, ... (read more)
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