Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Equity Bottom-Up

Universal Entertainment / Equity Bottom-Up

<ul>
<li>Manila Entertainment Zone casinos now operating at 75% capacity in pandemic endgame that looks like the beginning of a cycle that should bring it near a run rate near 2019  baseline gross gaming revenues.</li>
<li>The property's owners Universal Entertainment of Japan have long sought to convert this property to a separate public company. That deal is now done. </li>
<li>The envisioned Spac would raise US$263m in cash. Universal will roll 100% of its equity into the deal sponsored by its partner Spring Owl Asset Management of New York</li>
</ul>


Manila Entertainment Zone casinos now operating at 75% capacity in pandemic endgame that looks like the beginning of a cycle that should bring it near a run rate near 2019  baseline gross gaming revenues.
The property's owners Universal Entertainment of Japan have long sought to convert this property to a separate public company. That deal is now done. 
The envisioned Spac would raise US$263m in cash. Universal will roll 100% of its equity into the deal sponsored by its partner Spring Owl Asset Management of New York


Okada Manila: Spac Deal Will Create a Public Gaming Company with Strong Upside