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…
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…
For the Eastern Band of Cherokee Indians‘ resort casino in North Carolina, Harrah’s Cherokee Valley River, Convergence Strategy Group assessed the feasibility of a large-scale property expansion to strategically position the property for the future. The $275 million expansion project, which broke ground in October 2022, will build on the success of the resort casino which opened in…
In 2022, Convergence Strategy Group was retained by the City of Waukegan, Illinois to evaluate the Illinois Gaming Board’s approved resort casino development for Waukegan, Full House Resorts’ American Place, including its potential social and economic impacts. CSG independently assessed the visitation and revenue potential for the 2,000-position gaming facility via a drive-time based gravity model for the…
Convergence Strategy Group worked with the City of Richmond’s Department of Economic Development to determine the market potential for a casino resort operation in the city, assess potential community impacts, assist the City’s evaluation panel in their review of RFP bid responses, and to help the City negotiate optimal partnership terms with the development group ultimately selected,…
Convergence Strategy Group worked with City leadership from the initial consideration of bringing gaming to Danville, through the process of operator selection and final negotiations with its selected operator, Caesars Entertainment. The stated goal of the state legislation was to assist economically distressed communities in Virginia, with Danville named as one of 5 potential casino locations. In…
Convergence Strategy Group, as part of a large and diverse team led by Spectrum Gaming Group addressing all aspects of the gaming industry in New York for the State (from casinos to lottery, horse racing, sports betting, tax and licensing policies and socioeconomic impacts), assessed the future potential for both existing gaming statewide as well…
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, has announced plans for a 450-room hotel on the Las Vegas Strip. CSG evaluated the Las Vegas gaming market and prepared a forecast for…
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…
Convergence Strategy Group has performed market assessments for multiple potential casino sites in the Northern Illinois market, including the Chicago region. The competitive casino environment was evaluated in terms of property performance and market share, as well as the impacts of video lottery terminals. The regional population was evaluated in terms of size, income levels,…