Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

<ul>
<li>The stock is cheapest among peers but will the new owners hang in? There clearly is a runway here for gain based on fundamental restructuring of the business model during bankruptcy hiatus. </li>
<li>Development deal in South Korea done, but eyes on Japan and Brazil. The company will need to give up more equity to financial partner than would be license competitors.</li>
<li>Many of its regional US legacy properties are dated, sitting in flat to slow growth markets.</li>
</ul><p>Slimming of the portfolio could be bullish to pile…</p>


The stock is cheapest among peers but will the new owners hang in? There clearly is a runway here for gain based on fundamental restructuring of the business model during bankruptcy hiatus. 
Development deal in South Korea done, but eyes on Japan and Brazil. The company will need to give up more equity to financial partner than would be license competitors.
Many of its regional US legacy properties are dated, sitting in flat to slow growth markets.
Slimming of the portfolio could be bullish to pile…

Caesars Entertainment: Ex-Bankruptcy, the Stock Is Cheap, but Masks Risk: Asia Pivot Key