Investee operational and strategic review

  • Assess and critique operational performance and capital expenditure needs.
  • Perform market and feasibility analysis and evaluate competitive positioning.
  • Evaluate modeling assumptions.
  • Perform SWOT analysis.

Valuation, Litigation and Restructuring Support

  • Evaluate illiquid and minority investments and intangible assets, including licenses and player databases.
  • Assess credit risk and perform recovery analysis.
  • Arrange DIP and exit financing and oversee asset sales.
  • Prepare expert reports/witness testimony.
  • Critique opposition expert reports for cross-examination preparation.

Financial Evaluation of Gaming Expansion

  • Evaluate efficacy and impact of expanded gaming.
  • Prepare gaming tax revenue projections.
  • Evaluate and compare individual gaming project proposals.

Complex Analysis

  • Assist in projecting gaming tax revenue for budgeting purposes.
  • Assist in review and analysis of new project developments and expansions.
  • Evaluate capitalization plans and operating assumptions of distressed licenses.
  • Provide expert support on valuation of casinos for purposes of real estate tax assessment.


Bain Capital, Brookfield, Elliot Management, Fengate Capital


Donelly Conroy & Gelhaar, Gibson Dunn & Crutcher, Seitz Van Ogtrop & Green, Stone Pigman, Volterra Fietta


Atlantic City, Iowa, People’s Republic of Laos, Washington, West Virginia