I need to preface this by saying I’m a Saints fan who was in the Superdome when their season came to an abrupt end, so I’m particularly bitter about the NFL right now, as are many sports fans along the Gulf Coast. To the extent that, for the first time in decades, I won’t be…
Fresh off the heels of some great discussions on sports betting over the weekend, I’ve put together a few quick graphics that shed some light on the potential for the legalized sports betting market. Utilizing proprietary consumer behavior data, with the Gulf Coast as an example, the above maps demonstrate: For each variable, these maps…
At Convergence Strategy Group, we are a team of lifelong learners. We are always seeking more information, better ways of doing things, and insights from across the globe. In the spirit of the holidays, Convergence Strategy Group would like to share a few of our go-to online resources – a few of our “favorite things”…
If you read the news, it appears that the entire United States gaming industry is obsessed with sports betting. Hungry for new product offerings and approaches, operators see the potential that sports betting has to produce new revenue streams. Sports betting and iGaming are very popular with players and largely profitable for operators across the…
Following through on campaign promises, Donald Trump started announcing new tariffs on Chinese goods in early 2018, with tit-for-tat additional tariffs announcements on goods from both sides ever since. Both countries have actually experienced some economic growth as a result of the trade war, largely due to desires of businesses to increase output and trade…
As real estate professionals have repeated for years, “location, location, location”. When our clients begin the process of planning large and small-scale development projects, the location is generally a given. A parcel may already be owned, and our client wishes to utilize it to its fullest, or a small number of parcels are being considered…
We live in an age where data are abundant. This abundance allows analysts such as me the ability to delve deeper than ever before into markets, and to more fully understand their potential. With the spread of sports betting in the United States, it can be helpful for legislators, investors, developers, operators, sports teams, and…
This past Tuesday, Philippine President Rodrigo Duterte fired the board and management of the Nayong Pilipino Foundation because he was unhappy with the lack of a public bid process and the resulting license terms for the Landing International casino resort project in Entertainment City near Manila. But what followed on Wednesday, I would assume reverberated…
I’ve just returned from two weeks in Germany and Austria, having been wowed by the gaming product I saw there. Encumbered by tax rates that would be considered high by non-European standards, a successful gaming industry has nevertheless been developed. From the spectacularly beautiful Casino Baden-Baden, the sports betting kiosks all over Munich, to the centrally…
While Convergence Stategy Group is new firm, Dr. Scott Fisher and I have been active in the development, casino gaming, economics, and planning sectors for more than two decades. Recently, we were fortunate to sit down with Roger Gros of Global Gaming Business to discuss what we have in store. You can access the Global…