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,…
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…
Convergence Strategy Group was engaged by the New Mexico Racing Commission to evaluate the potential net revenues, racing industry impacts, economic impacts, and societal impacts of adding a sixth racino to the state. In all, CSG fairly evaluated the merits of bids from six different operators, each of which proposed a different building program, amenity…
As a sub-consultant to Spectrum Gaming Group, CSG’s Dr. Fisher has provided market assessments and cash flow forecasts for several major international casino resort operators contemplating integrated resort development across five different sites in Japan. Dr. Fisher’s scope of work included analyses of various revenue forecasts, as well as sizing and positioning recommendations for the…
Dr. Fisher, acting as a sub-consultant to Spectrum Gaming Capital, provided a market assessment for Melco’s proposed City of Dreams – Mediterranean casino resort in Limassol, Cyprus, including market segmentation, amenity sizing and phasing recommendations. The project opened in Summer 2023 and is now one of the largest casino resorts in Europe.