Morowitz Gaming Advisors delivers:

• A unique combination of operating experience with academic and technical knowledge
• High-end, customized solutions to our clients' top-of-mind strategic issues
• We have a greater than 90% client retention rate

The following client case studies illustrate the solutions that MGA brings to its clients:

• Strategy
  • A $200 million (annual revenue) casino was faced with significant new competition and at a crossroads with respect to capital allocation and future strategy
    • Brainstormed with management, performed market research and determined an optimal strategy to meet new competition
    • Company is presently designing and will build additional hotel inventory, dining and retail assets
• Finance
  • A gaming operator was attempting to purchase the interest of a partner in one of their gaming operations
    • We consulted with the finance department on the valuation of the partner interest and recommended a purchase strategy that saved the client several million dollars
  • A publicly traded gaming operator entered into bankruptcy re-organization and was faced with losing its Indian gaming contracts
    • We were hired and assisted management through the Chapter 11 process and negotiations with bondholders, eventually reducing debt from over $120 million down to $22 million and the successful emergence from Chapter 11 bankruptcy with the gaming assets and contracts intact
• Operations
  • Major, multi-unit gaming operator was concerned about slot service and customer waiting times
    • Worked with client and technology developer to implement new customer service process, resulting in over 100% service improvement, reduced labor costs and enhanced customer satisfaction
  • Large casino operator was concerned about labor costs and looking for scheduling solution
    • Designed and implemented a queuing model and linear programming based scheduling optimization system, leading to several million dollars in labor saving