Wall Street vs. Main Street
Does the increase in M&A activity and industry consolidation represent a shift in leverage and power from regulators and legislators to operators? As mergers and acquisitions among gaming companies continue, more states will find themselves in a position in which their licensees operate facilities in nearby states. This will put pressure on states to develop more investment-friendly regulatory and tax systems to keep capital, jobs and revenue from flowing to other jurisdictions.
Robert Heller, President and Chief Executive Officer, Spectrum Gaming Capital
Chad Beynon, Managing Director, Macquarie Securities
Duane Bouligny, Managing Director, Wells Fargo
Michael Wagman, President & Managing Director, Clairvest