How was the past year for you from a business perspective? Well, after perusing much of the year-end industry synopsis material that has crossed my plate over the last month or so, I would assume pretty good.
And why not? From a macro perspective, the economy is buzzing along—the unemployment rate has dropped to 4.1 percent, 228,000 new jobs were created in November alone and gross domestic product crept up to 3.2 percent last fiscal quarter. Some of the economic positivity has rubbed off on the gaming operator community over the past year, with highlights such as Caesars Entertainment finally emerging from bankruptcy, new projects in the pipeline in Las Vegas and other gaming markets, and a revival in big merger and acquisition deals in the space as evidenced by Penn National’s $2.8 billion bid for Pinnacle Entertainment.