Spectrum Gaming Capital and Management Sciences Associates will host a webinar on Thursday, April 23 at 1:00 (EDT) titled: “Outlook for Gaming Industry in the Context of Covid-19: What can be learned from prior market dislocations.”
Covid-19 has placed the gaming industry in unchartered waters, leaving investors, operators and employees wondering what will happen to these businesses. While we try to understand when and how the industry will reopen, we wonder what will happen to gaming company valuations.
Spectrum Gaming Capital and Management Sciences Associates/Spectrumetrix have teamed up to search historical data seeking guidance from past industry dislocations. We looked at gaming GGR & stock and bond market statistics from 9/11, various hurricanes, and the Great Recession to develop insight into the future.
Topics for Discussion:
- GGR impact of recessions and catastrophic events
- Stock market trends for gaming in relation to the broader market and the consumer discretionary sector
- Regional vs destination market differences
- Bankruptcy recovery history
- Digital outlook
Speakers:
- Robert Heller is co-founder and CEO of Spectrum Gaming Capital. Mr. Heller has over 30 years of experience in investment banking and resort development. Heller has initiated and completed over $50 billion in debt and equity financing and raised the acquisition financing for Baha Mar Resorts as the company’s founding President and CFO. He joined Spectrum from UBS Investment Bank where he was responsible for coordinating the bank’s gaming franchise globally. Previously, Heller spent 25 years on Wall Street managing gaming investment banking groups at Lehman Brothers, Bear Stearns and Salomon Brothers.
- Dr. Geoff Atkinson is a Senior Data Analyst at Management Science Associates, Inc., a worldwide leader providing robust analytical services in numerous industries, including casino gaming. Atkinson has worked on multiple analyses dealing with the impact of new gaming technologies – VGTs in Illinois, online slots in New Jersey, and the proliferation of sports betting outside of Nevada. Before joining MSA, he worked as a mathematician and game designer for Konami Gaming, Inc., and taught a wide variety of math courses at Seton Hill University. He holds a Ph.D. in Algorithms, Combinatorics and Optimization from Carnegie Mellon University.
Participants will have an opportunity to ask questions at the end of the webinar presentation. Please click here to register for this webinar.