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>Blackstone Group Inc. (NYSE:BX) A$8.4b offer (A$12.35 per share) rejected by board sets up possible bidding war to come assuming regulatory woes by two government agencies are satisfied by basic compliance policy changes.</li>
<li>Star Entertainment Group Ltd. (AX:SGR) all stock offer values Crown at ~A$14 a share or A$9b. A third party, Oaktree Capital Group (US) has offered to acquire James Packer's 37% stake for A$3b.</li>
<li>Sydney property remains in limbo but once opened is worth more than current offers bake into their offers at current levels. Stock poised to move.</li>
</ul>


Blackstone Group Inc. (NYSE:BX) A$8.4b offer (A$12.35 per share) rejected by board sets up possible bidding war to come assuming regulatory woes by two government agencies are satisfied by basic compliance policy changes.
Star Entertainment Group Ltd. (AX:SGR) all stock offer values Crown at ~A$14 a share or A$9b. A third party, Oaktree Capital Group (US) has offered to acquire James Packer's 37% stake for A$3b.
Sydney property remains in limbo but once opened is worth more than current offers bake into their offers at current levels. Stock poised to move.


Crown Resorts Ltd: Blackstone Offer Rejected, Star Offer May Still Not Reflect True Forward Value