Real estate and casinos

If you’ve got $1400 burning a hole in your pocket, want to know more about casino real estate, and don’t mind hanging out at the Venetian June 28 & 29, check out the Casino Real Estate conference. I’m on a panel at 8:40 in the morning:

8:40 THE CASINO REAL ESTATE MACRO DISCUSSION: IS IT A GOOD TIME TO INCREASE YOUR INVESTMENT IN THIS MARKET?

• Will the Growth of the Casino Industry Continue?
• How Will Higher Energy Costs Impact the Industry?
• Will the Rooming or Gaming Market Become Oversaturated?
• Big Projects, Big Construction Costs: Are they Crimping New Development?
• From Gaming to Non-Gaming Amenities: Evaluating the Changing Casino Business Model; Does this New Business Model Work Outside of Las Vegas?
• Impact & Future of Online Gaming
• Human Capital Considerations: Are there Shortages?
• What does it Take for the New Breed of Casino Owner to Compete with the Established Brands?
• Impact of M&A in the Casino Market
• Atlantic City, Gulf Coast and the Rest: Examining Regional Market Growth
• Outlook for Native American Gaming

Session Chair:
Robert Sonnenblick, Chairman Emeritus SONNENBLICK DEL-RIO DEVELOPMENT, INC.

Panel Participants:
Douglas Lein, Principal DEL CONSULTING LTD.
Bill Lerner, Managing Director-Equity Gaming Analyst DEUTSCHE BANK
David G. Schwartz, Director-Center for Gaming Research UNIVERSITY OF NEVADA LAS VEGAS
Daniel Alpert, Managing Director WESTWOOD CAPITAL LLC

I’m not exactly what I’ll be saying about all that, but it should be a good time. After all, who comes to Vegas and doesn’t want to talk about capital investments.

I like the part about the “new breed” of casino owner–it makes them sound like pitbulls or something. The rest of the conference is more of the same, with sessions like “COLLATERALIZING YOUR REAL ESTATE HOLDINGS.” Of course, anyone with enough $$$ to collateralize anything isn’t going to be wasting their time reading this blog, so I might be shouting into the wilderness here.

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