Dedicated to Serving Industry Leaders

Latham advises some of the world’s largest hotel and casino operations by assisting them in growth from local to global entities. In recent years, the firm has represented many of the world’s largest hospitality and gaming companies in market-setting mergers, acquisitions and spin-offs.

To provide results-oriented representation for clients in the hospitality and leisure sectors, this team coordinates with other sector teams and disciplines to craft legal solutions to business and operation objectives.

As markets expand in the gaming sector, Latham's lawyers are advising companies and their financial advisors and providers with respect to properties and operations in the United States, Asia, Canada, Europe and the Middle East. These projects include online gaming transactions, traditional gaming properties and resorts, racetracks and casinos, and Native American gaming opportunities.

Not only has Latham worked with properties in every US gaming jurisdiction from California to New York, they have also participated in significant international transactions, such as the first Macau-exclusive offering of gaming assets in the United States.

A Comprehensive Practice

Latham actively represents hospitality, gaming and leisure clients on transactions and matters related to:

• Banking and finance
• Capital markets financings
• Company representation
• Joint venture and management agreements
• Litigation
• Mergers and acquisitions
• Private equity investments
• Project development transactions
• Real estate
• Restructurings

This group of lawyers has extensive experience in equity, securities and bank financings and serves as counsel to designated underwriters for numerous industry leaders. Latham has worked in all aspects of private equity investments, recently advising on one of the largest leveraged buyout transactions (LBOs) in US corporate history, and the largest gaming LBO in history.

A sampling of the firm's recent industry work includes the representation of:

• The Cordish Companies in its development of a casino, hotel and retail complex with the Oneida Wisconsin Indian Tribe in the State of New York
• Walton Street Capital, L.L.C. in connection with the joint venture and acquisition of the Fairmont Scottsdale Princess and the contemporaneous restructuring of existing indebtedness
• Scientific Games Corporation, a global leader in services for lottery and gaming organizations in more than 50 countries, in its senior subordinated notes issuance
• Hyatt Hotels Corporation in their US$1.09 billion IPO on the NYSE and their US$500 million offering of senior notes in 2009
• A golf management company in connection with the restructuring of more than US$300 million in debt secured by owned, leased and managed golf courses
• Credit Suisse in connection with restructuring and exit financing for Centaur Gaming
• Deutsche Bank in connection with several offerings of senior secured notes by Wynn Las Vegas to refinance the company’s existing US$1.7 billion in principal amount of senior secured notes
• Hard Rock Hotel Holdings in restructuring of CMBS floating rate mortgage loan with a construction component and three mezzanine loans secured by trophy Las Vegas hotel and casino