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Ken Adams Gaming Guru - Page 6  Bits and Pieces from Indian Country - June 200612 August 2006
Indian gaming is an amazing phenomenon. The number of casinos and the amount of
revenue generated in just 18 years since the National Indian Gaming Regulatory
Act was passed is startling. California and Connecticut are well-known stories;
Foxwoods and Mohegan Sun are the largest casinos in the world, paying hundreds
of millions of dollars annually to the state. ... (read more)
Quick-takes: The month's trends in a glance - June 200611 August 2006
The stock market raced toward record highs, but then got dizzy at the heights
and fell back - way back. Gaming stocks did very much the same thing - and, as
they say on the Street, the investors took their profits and sold their holdings.
Most of the major gaming companies tracked by Applied ... (read more)
Bits and Pieces from Indian Country -- May 200612 July 2006
Senator McCain has truly taken possession of Indian country - I fully expect him
to appoint himself king or head chief, or assume some other pompous title. The
current hearings have pushed many tribes that had been thinking about an off-reservation
site for a casino to submit proposals to beat the ... (read more)
Quick-takes: The month's trends in a glance - May 200611 July 2006
The big news story of the month is the price of gasoline (and it drives the price
of crude oil). Everyone is talking about the price - over $3 a gallon in many
places. Assigning blame is a political sport, as is offering legislative remedies.
Last year the increases in price stimulated speculation in ... (read more)
Bits and Pieces from Indian Country - April 200612 June 2006
Oregon isn't the center of Indian gaming in the United States, but is very much
a part of it. There are 9 tribal casinos with over 6000 slot machines. Indian
gaming in Oregon is over 10 years old and any growth will be incremental, achieved
through hard work, reinvestment and good marketing - and that ... (read more)
Quick-takes: The month's trends in a glance – April 2006 by Ken Adams11 June 2006
The feds have a new chairman, but not a new plan; on March 29th the Federal Reserve
raided interest rates again - the 15th time in the last two years. The Dow Jones
Industrial Average is still over 11000 - gaming stocks are generally enjoying
the ride with the rest of the market. Oil prices are not ... (read more)
Bits and Pieces from Indian Country – March 200612 May 2006
Indian gaming is not really a separate industry from the rest of the gaming industry.
True, it is governed by different laws and regulations than the rest of the industry.
But every state is different from every other state in its laws, regulations and
taxation. Indian gaming does have one major ... (read more)
Quick-takes: The month's trends in a glance – March 200611 May 2006
No one knows what the implications of a new chairman of the Federal Reserve Board
will be. The ups and downs of interest rates driven by the board, lovingly called
The Fed in the popular press, are driving forces in the economy and have a major
impact on stock prices. The change in leadership is not ... (read more)
Bits and Pieces from Indian Country – February 200612 April 2006
Jack Abramoff is still the major story, inside Indian country and outside, too
- not that there is much change in the actual case, but the fallout from it continues
to spread. The fallout has hit nearly every state as politicians accuse each other
of corruption and false deeds. Democrats accuse ... (read more)
Quick-takes: The month's trends in a glance – February 200611 April 2006
2005 ended with pretty solid results for gaming. However, four states reported
less revenue than the previous year, the largest number of states with a decline
of any month in the year, and only one of those was Katrina related. 2006 should
see two new states reporting, Florida and Pennsylvania, and Pennsylvania is going
to put pressure on a number of other states. ... (read more)
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