GLOBAL GAMING BUSINESS PODCAST: Mike Eide, CFO/COO, Dotty’s

This week, the GGB Podcast sits down with Mike Eide, the CFO and COO for Dotty’s, on how the company has built an empire of small unique gaming taverns in Nevada that appeal to women, and why it is now entering the casino industry.

GLOBAL GAMING BUSINESS PODCAST: Mike Eide, CFO/COO, Dotty’s

If you want one area of agreement among the Nevada casino operators, one sure-fire issue is Dotty’s. All the large casino operators seem to hate them. Dotty’s is a collection of 120 taverns/casinos mostly in the Las Vegas area, but also in Northern Nevada, that have caused consternation among operators because Dotty’s customer is the middle-aged woman. The taverns are designed for women: bright, cheerful and convenient. The Nevada Resort Association convinced regulators and government agencies to change the regulations regarding taverns, but Dotty’s refuses to go away, merely adapting to the changes. COO Mike Eide, a former principal in the old VLC slot manufacturer, says Dotty’s, owned by the Estey family, simply developed a great business plan aimed at the gambler few casinos wanted. And now Dotty’s has entered the casino business, buying the Hacienda outside of Boulder City, Nevada. He spoke with GGB Publisher Roger Gros at the company’s new offices in North Las Vegas in December.