Selected THA engagements, each summarized by the client, the decision in front of them, and THA’s role.
New York State Gaming Facility Location Board
Downstate commercial casino licenses
New York’s siting board had to evaluate competing bids for up to three downstate casino licenses. As Lead Gaming Market Advisor, THA assessed market capacity, revenue projections, and competitive impacts across the applicant field. The Board’s process resulted in licenses for Bally’s Bronx, Hard Rock Metropolitan Park, and Resorts World NYC, representing more than $10 billion in combined capital investment.
Office of the Governor of New York, Executive Chamber
Tribal-state compact negotiations
The State needed a clear view of its position across possible outcomes in a compact negotiation with a tribal nation. Working with the State’s outside counsel, THA built financial models and market sizing across multiple scenarios to inform the State’s negotiating strategy.
EBCI Holdings
Ownership advisory, Caesars Southern Indiana
EBCI Holdings, the commercial enterprise of the Eastern Band of Cherokee Indians and owner of Caesars Southern Indiana, Sandy’s Racing and Gaming and Caesars Virginia, retained THA as outside advisor to ownership. THA led initial development efforts, performance review across gaming, hotel, F&B, and cost structure, built an EBITDA opportunity model across nine initiatives, and advised on sale relaunch positioning.
Large Oklahoma Tribal Nation
Luxury hotel feasibility
The Tribe was evaluating an all-suite luxury hotel to serve high-value players at the Resort. THA modeled player migration and new market acquisition scenarios, projected incremental gaming revenue, and delivered a full feasibility report and board presentation.
Real estate developer, Northeast
Casino development advisory
A prominent real estate developer is pursuing a casino development as gaming legislation advances. THA is retained to identify and introduce operating and joint venture partners, support deal negotiation with financial modeling and comparable transaction benchmarking, and shape legislative and local government relations strategy alongside the client’s lobbying team.
Racing license holder, Texas
Positioning ahead of potential casino legalization
A holder of multiple Texas horse racing licenses engaged THA to position its licenses for a potential casino framework. THA mapped the ownership structure, benchmarked horsemen’s revenue-sharing terms across eight jurisdictions, and opened strategic conversations with national operators.
HRI Properties, Niagara Falls, Ontario
Sports betting partner identification
HRI Properties sought to add sports betting at its Niagara Falls hotel property. THA identified and evaluated operating partners and outlined design and development requirements for the venue.
Discuss a project
THA engagements start with a direct conversation about the market, the decision, and the timeline. David Rittvo responds personally.