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11/11/08 Bankruptcy, Evita, PEF's, LBO's The End of Days of Las Vegas
LVS, Stations, Stratopshere Caesars (Harrahs), Black Casinos On the Edge 08/08/08 Las Vegas City End of Days! Echelon Skyline! Cosmos Black Holed! Double Digit LBO Equity Bonding! Progressive Funding Investigation Underfunded! McCarren Air Traffic -7%! Motor Travel -5%! -M1! -M2! Personal Line of Credits Cut! There Will Be Blood!!! Las Vegas Men Da City (Mendacity)!!! Blood On The Streets!!! Moody's Friday, June 13th, 2008! Vegas to 9/11 Levels! Bet Red! Across the Board!
Bankruptcy!!! Margin Calls!!! Pull Backs!!! Cancellation'!!! Chaos!!! Opportunity!!! Economy!!! Utility!!!
Attrition!!! PTO's to PHC's!!! PTO's to PEF's!!! Devastations!!! Recreations!!! Victims and the Victors!!! Online Gaming +$75,000,000,000 ($75 Billion Dollars) - Documented!!! $100B+ The Reality!
Gary Hamilton, CEO of InfoGaming.com recently appeared on Face to Face TV Show with Investigative Reporter Ms. Dana Gentry on CBS Affiliate KLAS TV documenting $75,000,000,000 ($75 Billion Dollars) in online gaming revenues from financial reports from stock exchanges around the world. Included in the report were the non reporting estimates which were conservative to non-reporting online gaming entities that are outside of the UK Geo Licensing ($23.5 Billion in the UK Geo Licensing almost half of Las Vegas gross gaming revenues. I will have this interview available on the web site in the coming week. I am reluctant to release my documentation but may do so after I complete it. I was do to be on the Face to Face TV Show for 30 minutes with a one week lead time but was called the night before the next day to appear with another guest. I had to humidly put together the numbers from the financial reports and to link them to PDFs and reporting web sites to valid my numbers. HOWEVER, I did not get the chance to document completely the issue of separate reporting on different stock exchanges and separate reporting in different countries such as France, Italy, Spain, etc. For a draft copy of the documentation contact me directly,
Gary Hamilton CEO InfoGaming.com : InFoGaming.com 2007-2008 Online Gaming Report Revenues Documentation Attention Gary Hamilton, CEO
The Attrition in online gaming of which I have written has begun by the usual signs in online gaming payments to players and affiliates: 1) non return of emails and reduction of direct emails; 2) phone numbers that no longer work or calls that will be returned by an answering service or answering machine; 3) most importantly every day in the news a different arrest of someone in online gaming tied to US gaming; 4) even more important the timeline in which the UK will require complete divestiture from non UK approved Geo Areas such as the Kanawakee Tribe (Ultimate Bet and Absolute Poker are now under a full investigation but this does not include the software OCX readers and bots and the stupidity to allow anyone inside of line of security. Curacao, Antigua, Panama, Cayman Islands, Belize, Phillipines, and the list goes on; 5) Start watching the Shorts on UK Gaming Stocks as well as US Gaming Stocks and Progressive Funding Stocks in the Fall-the P/E are way out of proportion and the market is in for an extreme correction on most of the compulsive, emotional stocks and look for most of the cash to disappear this late Summer and early Fall as the US and UK start pressuring the rogues and the pirates. In my studies, the exposure of 1) Holding Companies; 2) Software Developers; 3) Casino Operators is about 60% Non UK Geo Approved to 40% UK Geo Approved holdings. You can look for RBS, Paribas, the other Top 100 Banks that are processing UK Geo Licenses and Lloyds of London to move by year's end to start to close the window and set a timeline on divestiture from the commingling of funds from what is now legal and illegal activities. REMEMBER, there are only three companies in complete divestiture status now and only one can stand on its own with the aid of several plug ins and programming. All of this balanced with the timetable of mega players moving into the market to stand ready with the newest most sophisticated software for XBoxes, Wii's, Sega's, PSP's, Vista, G3, Sony Play Station and Satellite and Cable entries. Look for next February to be turning point when Direct TV and Liberty Media move into an agreement and right now the outcome of the DirecTV and Dish decision after the precedent of XM and Sirius Satellite as DirecTV and Dish will only need to use the precedent set there to move forward instead of 3 years of litigation on anti trust and monopoly to market Sherman Act restrictions to an industry. Do not be surprised when you see from the ashes the Phoenix of large software companies that have been diligently waiting for this moment secretly working on some of the most sophisticated gaming software you will every see and Competition Gaming as well with ability to place bets on the outcome of your favorite games. The market is huge. The minds working the land based casinos have no concept of marketing their way through a crisis or downturn like this or learning from the medium that made all of this possible to being with computing. The land based casinos add server based games but can not understand Game Rooms or EMails, Chats, Blogs, let alone Player Rewards or how to automate them or recongize that the player is even in the casino. Face recognition software YES! Million Dollar Player with a Player Card in the machine NO!!! Identify Geographic Relationships with Programs that impact a micro market, a geo target, or demographic market that can be addressed quickly and cost effectively. The ability to address the Programs are critical to opening the door to thousands of models and variations to the models. Impact. Cost Effective. Please feel free to contact me, Gary Hamilton, for further information or consultation engagements at 1.702.510.6740. Online and Land Based Gaming News. Up To Date: Portfolio of Casino, Sportsbook and Gaming Domain Names. In Chinese there are two characters for the word "Disaster": One is Chaos; and the Second is Economy. What a strategic move by William Jung III and Sussex(read on through the back drop of the story for the TaiPan James Clavellish Providence and Joss Play!!!) With the advent of the Tropicana Bankruptcy and the Deutsche Bank denial to rollover Sussex's LBO marks an important milestone in many ways in Gaming, Casino, Nevada, New Jersey, Atlantic City, and Las Vegas History has been reached-Is it the Line of Attrition or the Road to Perdition? The Atlantic City Tropicana License was revoked for ONLY the second time in history that a Casino License has been revoked in Atlantic City or Las Vegas and the first since 1989. 37 Acres on the Strip and the other Sussex properties under the Tropicana umbrella are for the most part quality properties and branded names. Out of the Smoke and Mirrors, taking a page out of the ultimate leverage squeeze...Ladies and Gentlemen: William Jung III an Sussex back on the playing field to pick up the pieces and some valuable pieces that after cleaning up the last two years in the bankruptcy and distancing himself from the onset of the bankruptcy was absolutely brilliant. The abstract existential GAP Accounting of the Tropicana the past 2 plus years and some of the investigations at state, state license board, and federal levels do put a bit of tarnish on the sterling but if the majority of the properties during and after the bankruptcy remain from the 2006 Tropicana Buyout and are included in the Bankruptcy Business Plan then the Bankruptcy Courts will address and clear up the financing, licensing, litigations, union issues, and any allegations that are pending with the Tropicana (even greater value and potential per dollar on the back end) in retrospect to the other LBOs Per Dollar Values: Sahara, Stratosphere and their purchase prices and property values. The William Jung III and Sussex move should be the biggest news in Gaming since the New York Giant's Super Bowl victory. I saw it coming when I saw how precisely William Jung III and Sussex kept them self away from the Bankruptcy and any of the issues on the properties. In more news, Herbst another off Strip property wanting to play Las Vegas Monopoly has filed for bankruptcy as well. The Off Property Machines throughout their chain of Gas Marts may well be more profitable and attractive then another uneventful off Strip implosion of the old Continental. Right now property and land value are higher than the value of the casino and its holdings. HOWEVER, there are some visionaires and cutting edge minds making sense out of the economy, disposable income, and in land based gaming going back to the basics as we see the Las Vegas Experience properties and their numbers and hats off to the Four Queens for buying Binions for the name, for the price, for the overbooking at the Four Queens; and for the Cash Injection by Terry Caudhill to TLC Casino Enterprises to make it all happen. The numbers are out: Double Digit Declines off of the Strip. Single Digit Declines on the Strip for most properties and Double Digit Declines for others. Do not be drawn into complacency over the Melco and Packer drop of the lease option on the Wet and Wild property or the numbers that Stations Casinos just released as included in those numbers is the cost of Stations taking themselves off of the Stock Exchange and going Private as PHC (good reasons for going private as is Harrahs as the future in worldwide and online gaming without recourse from stockholders.) Randy Black and Black Gaming bought out their remaining stock and even in this market gaming was only down 1% in Mesquiteville; and Randy Black was able to seek and receive concessions from his employees; AND Downsize Management and the duplication of positions and duties of the Mesquite properties. On top of that, Randy Black was brilliant in his move to create several Infomercials on Mesquite and the Black Gaming properties and what... Golf. Few people know that Mesquite has a golf course in the top 30 in the world... Golf is money, with all and everything you have to buy to play golf and the fees to play the demographic mold could not fit better except for one thing-Randy trying to figure out how to get the Juice off of the bets being made on the courses as the players play. InfoGaming.com's CEO, Gary Hamilton has been in the Gaming Industry since 1986 and the Owner and Director of the InterActive Solutions Platform originating in its conception in Las Vegas and carried forward in the InterActive Solutions offices in Tartu Estonia by some of the brightest minds in the Gaming Industry at the Time. The InterActive Solutions Platform became the original source code and platform of Playtech in 1999 by contractual agreement with Gary Hamilton originally sitting on the board of Playtech as one of the Directors of Playtech. In addition, Interactive Solutions under Gary Hamilton direction created the original Poker.com source code and array of games. Other noteworthy projects for Vivid and Wicked Casino with Janna Jamison; TV and Radio breakthroughs in advertising for Poker platforms; Generic, White Label Skinning Concepts of OnLine Casinos, Poker Rooms, and Bingo Skins; Live Dealer Feeds; Land Based and Broadband Projects with the Tribal nations, Bingo TV; Source Funding with CGTV; and additional work with many of the Playtech Licensees. Land Based or Internet Based, Gary Hamilton CEO remains on the cutting edge of land based casinos, online casinos, poker, bingo, pachinko, sportsbook, and an endless dedication to implementation of "Vegas Modeling" and retention of the client and the "eye in the sky" as well direct adherence to all legal issues worldwide facing and challenging both online and land based Vegas, Tribal, Offshore, and SportsBooks today. After stepping down as one of the Directors of Playtech in 2002, Gary Hamilton under InfoGaming.com has undertaken several other Gaming Projects as a Consultant and currently is setting up platform transitions and integration sharing of data and information for land based and online gaming and licensing; new platforms; progressive concepts and models; alternate advertising and marketing conceptions in television and print; geo and cultural market targeting; land based and online demographic analysis; geo targeting; and rich media format creation. InfoGaming.com also provides the Gaming Industry Cutting Edge Inside News, Resources, Legal Issues, and Current Industry and Economic Trends in and to Gaming worldwide-not just the normal array of "Gaming News" feeds and rhetoric but concise insights into the analysis of profitability, legal issues, processing, historical trends, and deadly accurate visionary details and perceptions to the Gaming Industry and the potential of the rich media formats available today like never before. The Goal, Conception, and Premise of InfoGaming.com is to provide the Gaming Industry the Maximization and Realization of Profitability from Platform, Client, Affiliate, Customer Service, and Marketing ; and the segmented and synergistical dissection to net profitability beyond the normal addressing of text book modeling in an ever changing industry and world to the issue of net profit gaming based on two primary theories : The Completion Backwards Theory, hereafter as CBT Whereas, Successful or Unsuccessful Models and End Results, Positive or Negative are a "Known." The Theory Model Information is Available to Identify "Working Backwards" : Areas, Points, Modules, Modulation, Aspects, and Replicate Modeling Where the Model can be Improved or Failed or Failure in the Cognitive Process to the Application or its Formulation in Real Time and Replicated and Improved on, Mirrored, or Reinforce the Positive or Negative Applications In Use or Overlaid to Positively Identify Success, Failure or Moot Issues or Duplicate Instances. CBT (Completion Backwards Theory) is an Internal or External Audit Dissecting the Process Beginning at the Net Profit and Working Backwards. In the Land Based, Satellite, or the OnLine Gaming Industry, the Gross Net Profit to Gross Revenue (NPNR) Determined by Defined Random Odds to the Payout is on the Average 2.5% Net. The Error Margin to Applied Business Standards is Critical to Success and Profitability. Which brings us to The Net of the Net Theory: Standard Text Book Applied Business Standards to Gross Net Profit and Net Profit and the Occurrences and Expenses in Between the Two are the Key to Profit or Loss. Primarily Management, Mismanagement, Dismanagement (Management of Areas or Projects NOT in their Expertise); Nepotism; MisModeling Demographics and Micro Markets, Technology Knowledge and Capacity, No Out of Box Imagination to Implementation; Application of Text Book Knowledge to Actual Real Life Modeling (Theories like 1) You can fool most of the people all of the time. 2) People will not notice the changes. 3) Abstract Existential Accounting Changes by the Actuary.; Surrender to the New Age of Marketing and Return IE Snail Land Mail Return Per Dollar; Improper Bonus System Management; Improper Progressive Funding; Processing Liability; Additional Costs, Poor Customer Service; PrePaid Agreements in and to Marketing, Advertising, and to Affiliates; Fraud both In House and External; Market Condition Adjustments to Name a Few-The List goes on forever and the Tropicana as one of the first LBOs to fall to all of the above is just a taste of PEFs trying to live off the tit of the Cash Cow thinking they there is a revolving door of cash to be pulled out of the properties with an adjustment here and adjustment there. However, the Majority of the Issues in the Net of the Net Theory in the Attrition of the Tribal Gaming, now LBO transitions in Las Vegas from Groups who have little knowledge of the Gaming Industry or Vegas Modeling, over extended want-to-be's in the Macau Casino market, Online Poker Rooms, and a desperate OnLine Gaming Industry are from Uneducated Executives, Poor Business Practices, and Unethical Business Standards NOT from disposable income, the economy, or any other source. Yes, I did write Unethical Business Standards which the client or customers view with distain. Higher Rakes; Deposit Fees; ATM Fees; Less Customer Rewards and Comps then ever before in an industry that wrote the book on Customer Care. The Actuary has disected every possible asset and made existential liability accounts suddenly become asset accounts with a change of policy. Eventually there is no Net of the Net Theory as there is no Net to Catch the Fall. There will be blood in Vegas, Macau, online, and in the poker industry as the attrition takes places over the next two years as all aspects of gaming become one and the Murdochs, the Packers, the Bransons, Ladbrokes, Melco, LVS, IGT, MicroGaming, Aristocrat, and others will have the vision and where with all to weather this era of attrition of LBOs and legalization across all media formats as the tax revenues already identified from legalization and the recent Visa and Mastercard IPOs will all need a piece of the action and the vig. Look to the East, the Far East for the funding to pick up the leverage buy outs, the unfinished projects, and lead the way with the other real players who live for moments like this. InfoGaming.com has been in a 5 year contractual abstentia ending in May of 2008 which restricted the development, advertising, or creating any new gaming or gaming related web sites. However, it did not stop InfoGaming.com and DomainLords.com from purchasing more domains and preparing for the most exciting time in gaming as soon Gaming will be licensed and legal in the US. However, it is imperative to understand the parameters of legalization in the US and UK and what it will mean in the future. As Gary Hamilton the CEO of InfoGaming.com is currently spending the majority of his time consulting land based casino, bingo, keno, and poker in Nevada and for the Tribal Nations, InfoGaming.com is seeking Joint Venture Partner Capital Active or Passive Project in the development of the InfoGaming.com Portfolio of Domains in PDF Format: http://DomainLords.com/proformaofferdomains.pdf and in Microsoft Word .doc Format: http://DomainLords.com/proformaofferdomains.doc; and, also the fruition of the Activities of SevenServices.com in its creation of downloadable MultiMedia Rich Media Format PDFs that will also have embedded rotating flash banner advertising and keyword and search features. Contact Gary Hamilton, CEO if you are interest in The Joint Venture Partner Capital Active or Passive Project.
InfoGaming.com has 100% Guaranteed, Qualified and Quantified, Strategic Business Plans ready to implement for Land Based Casinos; Land Based Casinos in Transition to Online Features and Online Preparation; White Label (Skins) Online Casino Business Plans; Cutting Edge Player Reward Program Business Plans for Land Based and Online Gaming. The brief outlines on the InfoGaming.com web site are just a glimpse-a cracked door, into the implementation of these Business Plans. YES, Single and Double Digit Land Based Downtrend Land Based Gaming Markets Can Be Reversed and Negated! YES, Niche and Micro Markets can be targeted and accessed from 3,000; 5,000, 10,000 miles away! YES, Land Based Gaming Transitioning Into Property Web Sites as Online Game Rooms, Chat Rooms, Property News and Up to Date Progressive News, Winner News, Winner Stories, Blogs HAVE to be set up correctly in a relational ship database that feeds correct information to the Property as well as to the Client and the Customer! YES, Land Based Snail Mail Costs can be dramatically reduced! YES, Drawings can be replaced with Targeted Uncashable Credits Time and Date Stamped reinforced through email reminders and notices. YES, Get Out Of The Box, most of the information that is necessary to move forward with a successful campaign, although in a primitive form to values, CAN be used to REINVENT and REINVEST the Property in the Customers and Clients that made the Property. YES, Legalized Online Gaming is coming! HOW long will the US and Nevada close its eyes to the UK White License Model and the tax revenues that can be generated from Online Gaming and Sports Betting! I have already mentioned several times on the InfoGaming.com web site the UK White Licenses that have been issued to not only the Vegas Properties but to Microsoft, Google, AOL, and Yahoo and USA Network is now applying. News. Corp through Fox and Sky Satellite and the other Ruppert Murdoch Holdings already possess numerous licenses. All of these Mega Corps poised to White Label their name, reputation, and customer base. Vegas too, will move online as the Property web sites will no longer be brochures of the property and room reservations but agreements with news, video, video uploads, online contests, tutorials, video interviews with stars and players and on and on. HOW long will the newly publicly traded Visa and Mastercard offerings wait until their lobbying money (if not already) goes to the backing of legalized online gaming and sports betting? Get your margin calls in on that announcement on that day as both of the stocks will rise 15% to 20% over the week of its announcement.
Identify Geographic Relationships with Programs that impact a micro market, a geo target, or demographic market that can be addressed quickly and cost effectively. The ability to address the Programs are critical to opening the door to thousands of models and variations to the models. Impact. Cost Effective. Please feel free to contact me, Gary Hamilton, for further information or consultation engagements at 1.702.510.6740. Online and Land Based Gaming News. Up To Date: Portfolio of Casino, Sportsbook and Gaming Domain Names. |
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