GLC provides unparalleled services throughout the gaming sector. With offices in New York, San Francisco, and Denver, our professionals can advise on a range of complex transactions including M&A, debt financing and restructuring & recapitalizations.
GLC has worked on a variety of corporate gaming transactions including those involving Borgata, Caesars and Majestic Star. In addition, GLC has the leading restructuring practice in Tribal gaming having worked on Foxwoods and numerous other casino transactions in Indian Country.
Tom Benninger, GLC’s Chairman, is a licensed gaming operator in multiple jurisdictions and other GLC professionals have also held gaming licenses.
In the Foxwoods debt restructuring, GLC achieved 100% participation across all bondholder classes outside of a Chapter 11 process. In Majestic Star, recovery to the unsecured creditors increased by 16% compared to prepetition trading levels of the unsecured bonds.
Our clients include corporations, creditors and financial sponsors.