Wall Street series to look at state of the industry

Oct 17, 2001 2:49 AM

Responding to the very latest economic conditions, the World Gaming Congress and Expo (WGCE), has re-focused one of the seminars scheduled for its upcoming trade show.

The “Wall Street Eyes Gaming Panel” has been restructured to specifically address the current financial state of the industry and present possible solutions as to what can be done to pull through these tough times.

WGCE runs Wednesday through Friday at the Sands Expo & Convention Center. The new, timelier “Wall Street” seminar is presented Wednesday at 10:15-11:15 a.m. Moderating the panel is Joe Weinert, casino business reporter with The Press of Atlantic City.

Panelists include:

”¡ Jason Ader, Senior Managing Director, Bear Stearns
”¡ Larry Klatzkin, Senior VP, Jeffries & Co.
”¡ Andrew Zarnett, Deustche Banc
”¡ Raymond Cheesman, Senior VP, Jeffries & Co.
”¡ Dennis Forst, Managing Director, McDonald Investment (Los Angeles)
”¡ John Kempf, Vice President, Goldman Sachs (New York)
”¡ John Leupp, Director, Credit Suisse First Boston of New York

Steve Wynn to reveal Rêve

On Friday, the entire gaming world will be in one place, hanging on every word spoken by casino legend Steve Wynn as he addresses attendees of the 15th annual World Gaming Congress an Expo (WGCE) at the Sands Expo Center in Las Vegas.

In addition to sharing his views on the future direction of Las Vegas, the world’s gaming capital, Wynn is expected to reveal details about his new resort, Le Rêve, to be built on the site of the old Desert Inn.

Named for he Picasso painting that is part of Wynn’s art collection, Le Rêve means “The Dream” in French, and it is expected to rival his last creation, the billion-dollar Bellagio.

Wynn’s visions have sparked previous building booms in Las Vegas, which is why he is widely credited with almost single-handedly creating the living extravaganza that is Las Vegas today.

When Wynn’s flagship property, the Mirage, first opened in 1990, it ignited a $12 billion building boom.

Tribal gaming is big draw

Several thousand delegates from tribal nations across North America are expected to attend the three-day WGCE this week. Among the activities related to Indian gaming include: A keynote address by NIGA chairman Ernest Stevens, Jr.; the induction of longtime national Indian gaming leader Richard G. (Rick) Hill into the Gaming Hall of Fame; and a series of seminars focused on Indian gaming, which will include an appearance by the former Assistant Secretary for Indian Affairs, Kevin Gover.

Stevens will address the WGCE general assembly on Wednesday. Stevens, now in his first term as Chairman and national spokesman for NIGA, also serves on the Executive Board to the Native American Rights Fund, National Indian Child Welfare Association, Boys and Girls Club of America (Native American Advisory Board) and National Indian Telecommunications.

“This is where our tribal leaders and management get the latest on industry trends and technology and meet with the people that can make a difference to Indian gaming’s bottom line,” Stevens said.

A multi-session seminar series has been designed to address Indian gaming concerns. Topics include “The Federal Acknowledgement Process ”” The GAO Report,” “PR For the 21st Century,” “Inside the Beltway,” “Class II in the New Millennium,” “The New Deal (development and consultant agreements),” “The Eight State Struggle,” and “A Whole New Game ”” Doing Business in the New Indian gaming Market.”