For a private development group, CSG assessed the casino gaming market potential for a proposed Dream Hotel in Las Vegas, Nevada. Dream Hotels, a luxury boutique hotel brand in select markets worldwide, planned to develop a 450-room hotel and casino on the Las Vegas Strip. The Dream brand and the facility positioning were unique to Las…
For a confidential client, CSG assessed the potential differences in gaming behavior between ethnic and racial market segments, with a particular focus on the Hispanic market. Highly accurate location-based intelligence (mobile phone tracking data) was used to evaluate the actual visitation to the client’s facilities by demographic segment, which was then compared to the properties’…
North Carolina VLT and Gray Market Machine STudy (2023/2024) For a confidential entity, Convergence Strategy Group assessed the potential for video lottery terminal (VLT) devices across the state of North Carolina, as well as the machines’ potential impacts on existing gaming in the region. Competition from illegal or “gray market” machines was evaluated, the prevalence…
Hard Rock International, Athens, Greece For Hard Rock International’s massive leisure development project planned for the €8 billion Hellinikon development site in Athens, Greece, Convergence Strategy Group provided a gaming market assessment, analysis of operating pro forma, and assistance in finalizing financing with Greece-based banking institutions. This “city within a city” is located at the…
Convergence Strategy Group was retained by St. Tammany Corporation to conduct a Community Impact Study with regard to the potential development of the Camellia Bay Resort Casino and Marina adjacent to Lake Pontchartrain in Slidell. Evaluated were the potential range of impacts that the large resort casino project could have on Slidell, the surrounding community and St. Tammany Parish…
CSG served the Village of Tinley Park, Illinois in assessing the potential development of a racetrack casino on a brownfield site located in the center of the municipality. Subsequent to the State of Illinois’ announcement of new casino and racetrack casino licenses, CSG evaluated the northeast Illinois gaming market in terms of competition and its state of…
Dr. Fisher provided a market analysis and an impact on valuation estimate for Donaco International’s DNA Star Vegas casino resort in Poipet, Cambodia, providing expert witness services for litigation against a former manager alleged to have breached an operating agreement. The analysis outlined how the revenues and expenses, and their structures, changed for the resort since the end…
Convergence Strategy Group performed a casino gaming market assessment and hotel market assessment for a confidential Native American Tribe located in Southern California. The highly competitive environment was assessed in terms of supply and demand for casino gaming as well as facility amenities such as hotel rooms and luxury suites, resort pools, entertainment, food and…
As a sub-consultant for an advisory firm, Dr. Fisher performed a racing and gaming market assessment evaluating for two alternative locations of proposed racino development in Kentucky. The analysis considered the gaming sides of the operation (historical horse racing machines), which would be competing against full-scale casino operations in neighboring states, as well as other…
For a large-scale integrated resort developer, Convergence Strategy Group assessed the potential for an indoor waterpark at a major tourist destination on the East Coast of the United States. The current and future competitive supply of waterparks was evaluated in terms of facility offerings and existing market demand. CSG built a custom forecast model to…