03/09/2021
Our latest Covid-19 analysis
Cory Morowitz on LinkedIn: Covid 19 Impacts on Casinos - March 2021
Our latest communique as we emerge from the fog of Covid. We look forward to your feedback. ...
11/14/2019
Had the honor to present to Urban Land Institute in Virginia today on the opportunity for casino gaming in the Hampton Roads area.
10/22/2019
Recent podcast featuring me discussing the value of the customer database. Fun little discussion.
Sales Secrets
So the question is this, how do entrepreneurial sales people like us, who have traditionally sold alone and used gut and intuition to hit their number, take their innate talents and begin selling using science, technology, and the secrets of thousands who have done it before---to crush their quota a...
07/18/2018
AC rebirth. Spectacular property.
07/12/2018
One of the nicest settings for a casino that we have seen.
06/29/2018
Two new casinos opened in Atlantic City yesterday, greeted by high energy and great crowds. It felt like 1980 all over again. Good luck to Hard Rock and Ocean Resort
05/14/2018
https://www.npr.org/sections/thetwo-way/2018/05/14/589087523/supreme-court-rules-states-are-free-to-legalize-sports-betting
GGH Morowitz recently quantified the potential impact of sports wagering for the gaming industry in New Jersey. While this is a great opportunity, impacts will be very much dependent upon state regulation, taxation, league integrity fees etc. sports wagering is a low margin business. The winners in this might end up being the sports leagues themselves. Casinos will be looking to leverage sports wagering to drive traffic and generate spinoff revenues. Interesting times ahead.
Supreme Court Rules States Are Free To Legalize Sports Betting
"Congress can regulate sports gambling directly," the court wrote in a decision released Monday, "but if it elects not to do so, each state is free to act on its own."
05/02/2018
GGH Morowitz Perspectives -
Atlantic City Market Analysis, Outlook & Forecast
In anticipation of the openings of Hard Rock Hotel & Casino Atlantic City and the Ocean Resort Casino, GGH Morowitz analyzes the recent performance of the Atlantic City market and releases its outlook & forecast for this key U.S. gaming market.
(Atlantic City – 4/30/18) – With the anticipated grand openings of the Hard Rock Hotel & Casino and the Ocean Resort Casino (formerly the Taj Mahal and Revel properties, respectively), GGH Morowitz recently released its analysis, outlook & forecast for the Atlantic City market. The forecast incorporates a number of proprietary econometric & simulation models which will be updated as the performance of these new properties and the overall Atlantic City market progresses. Highlights of GGH Morowitz’s analysis & forecast can be summarized as follows:
• Consolidation, Closures & Efficiencies. Recent economic & competitive market conditions, and performance of Atlantic City (AC) casinos point to a stabilization and potential resurgence of the casino industry in AC.
AC casinos all reported positive EBITDA in 2017 with combined EBITDA of $602MM in 2017 (up from
Global Gaming & Hospitality
GGH Morowitz provides comprehensive services to the core real estate, gaming & hospitality sectors. Our offices located in Las Vegas, NV & New York, NY, offer clients geographic diversity and a complete industry perspective.