Robert A. Berman

Last updated

Robert A. Berman
Born (1959-12-08) December 8, 1959 (age 63)
US
NationalityAmerican
OccupationBusinessman
Years active1995–present
Notable work Empire Resorts, Monticello Raceway
Spouses
Valerie J Berman
​
(m. 2011)​
Debbie N. Berman
​
​
(m. 1983⁠–⁠2007)​
ChildrenJB Berman, Alan M. Berman

Robert A. Berman (born December 8, 1959) is an American businessman [1] known for his contributions to the casino industry in the US. [2] [3] [4] He has owned and directed several prominent organizations and companies including Empire Resorts and Monticello Raceway. [5] [6] [7] He has also formed partnerships with numerous institutional investors, which led to the acquisition of hotel properties across the US. [8] [9] [10] [11] Berman's plans to develop a casino 90 miles from New York City led to a contentious battle with Donald Trump [12] that later led to Trump receiving the largest fine in the history of New York State's lobbying commission. [13] [14] [15] He was involved in several projects concerning the development of Native American gaming in the New York and Idaho area. [16] [17] [18] Now working as GP of Avon Road Partners, LP. Leading daughter JB Berman into the family business.

Contents

Early life

Robert A. Berman's father, Pip Berman, was a building contractor known for expanding the Concord Resort Hotel and the Imperial Room nightclub where Milton Berle, Sid Caesar, Buddy Hackett, Joan Rivers and Jerry Seinfeld performed. [19] [20] At 19 years of age, Robert A. Berman received the first mass gathering permit to operate an outdoor music festival in Sullivan County, New York where a decade earlier the 1969 Woodstock Music Festival was held. Collaborating with music impresario Sid Bernstein on the site of the former Avon Lodge Hotel in Woodridge, New York, Berman opened Music Mountain hosting artists including the Doobie Brothers, members of the Grateful Dead as the Jerry Garcia Band and Bobby and the Midnites, Ozzy Osbourne, The Allman Brothers Band, Santana and various others. [21]

Career

From 1995 to 2000, Berman co-founded and served as chairman and chief executive officer of Hospitality Worldwide Services (HWS), a publicly traded platform that became one of the most prominent service providers in the Hospitality Industry. By 1998, HWS had several thousand employees with offices around the world. [22]

From 1995 to 2000, Berman formed partnerships with institutional investors including ING and Apollo Global Management, which led to the acquisition of more than $100M worth of hotel properties including the Warwick Hotel in Philadelphia and the Radisson Hotel at Chicago's O’Hare International Airport, amongst others. [23] [24] [25] In 1996 he formed Catskill Development, LLC and purchased Monticello Racetrack. [26] [27] During this time Berman worked towards building a Casino in partnership with the St. Regis Mohawk Reservation Tribe of New York. [28] [29] [30] In 2002 Stanley Tollman, founder of The Travel Corporation, assigned Berman to manage Alpha Hospitality, a public company directed by Tollman that aimed at administering a Casino for the Mohawk tribe. In 2003 he merged Catskill Development with Alpha Hospitality, creating Empire Resorts.

From 2002 to 2005, Berman served as chairman and chief executive officer for Empire Resorts, a publicly traded NASDAQ ("NYNY") gaming company. [31]

Berman is also General Partner of Avon Road Partners, LP a private entity that owns Real Estate and broadcast assets, including WVOS (AM) & FM. [32] Berman is now working with partner and daughter JB Berman (Jena Berman) as of 2019. Avon's objective of deploying capitol into development, the home building business, Commercial Real Estate. Currently, the development of Glenwild Land Co. 560k Sq ft of approved warehouse space, plans included 2M sq ft of e-commerce space and mixed residential for the remaining 450 acres. In March 2016, Berman and James (Jim) McCarthy founded KeyStone Solutions, Inc. which later Robert led into a public offering under the new company established: Rekor (REKR NASDAQ) [33]

Donald Trump controversy

In 1993 Berman began a project involving an Internet lottery venture in collaboration with the Coeur d'Alene people tribe in Idaho. [34] [35] The project campaigned towards bringing Native American gaming to the Catskill area. [36] This led to federal approval to build the St. Regis Mohawk casino at Monticello Raceway in 2000, which caused rivalry with other regional casino owners, particularly Donald Trump. [37] [38] Trump funded an ad campaign to block the casino from being built by targeting the Mohawk tribe. [39] [40] Anti-Mohawk ads appeared in various newspapers suggesting the negative impact a Native American casino would have on the region. This resulted in Donald Trump receiving an unprecedented fine of $250,000 for secretly funding a lobbying campaign against Native American casinos. [41] [42] [43]

Native American gaming

In 1994 Berman worked with the Coeur d'Alene people to device the National Indian Lottery via the Indian Gaming Regulatory Act. [44] [45] The project led to the creation of the Coeur d’Alene Casino in Idaho on land donated in trust to the tribe for the project. [46] [47] Berman also worked with the Mohawk people to develop a casino in the Catskill region, New York. [48] In 1998 the National Indian Gaming Commission approved the project to develop and operate a gaming facility on tribal lands. In 1999 the Mohawk people signed the deal with Caesars Entertainment Corporation instead. [49] This led to a multibillion-dollar lawsuit that was eventually dismissed. [50] [51]

Personal life

Robert Berman has been married to Valerie J. Berman since 2011. His previous spouse is Debbie N. Berman, with whom he had two children, Alan Michael Berman and Jena Beth Berman. He and his family currently reside in Washington D.C.

See also

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References

  1. ↑ "Cancer and the Presidency: Why This CEO Says Each Candidate Needs A Plan". Forbes.
  2. ↑ "In Catskills, the Long Wait for a Casino Nears an End". The New York Times.
  3. ↑ "Donald Trump tried to bully his way into New York tribe's casino bid". Indianz.
  4. ↑ "Comedy Hall of Fame a Brilliant Idea". Sullivan County Post.
  5. ↑ "Empire Resorts Announces Departure of Robert Berman". Business Wire.
  6. ↑ "James Odato: If state is to blame, we'll pay price". Times Union.
  7. ↑ "The New Dealer". The Village Voice.
  8. ↑ "In Catskills, the Long Wait for a Casino Nears an End". The New York Times.
  9. ↑ "Catskills Poised for Casinos". The Wall Street Journal.
  10. ↑ "James Odato: If state is to blame, we'll pay price". Times Union.
  11. ↑ "Now Appearing in Borscht Belt, Developers Betting on a Casino". Brown University (New York Times).
  12. ↑ "Trump was once so involved in trying to block an Indian casino that he secretly approved attack ads". Los Angeles Times.
  13. ↑ "Trump, Atlantic City could lose big". NY Daily.
  14. ↑ "Casino case raises issues of money, politics". Boston Globe.
  15. ↑ "Against All Odds, a Complicated Casino Proposal Advances". The New York Times.
  16. ↑ "Investors Line Up For Piece of Tribe's Action National Indian Lottery Needs Big Stake For Set-Up Costs". The Spokesman.
  17. ↑ "Against All Odds, a Complicated Casino Proposal Advances". The New York Times.
  18. ↑ "Spitzer Backs Plan for Indian Casino in Catskills". The New York Times.
  19. ↑ "The Long Wait for a Casino Is Over". The New York Times.
  20. ↑ "Concord Hotel". Barbra Archives.
  21. ↑ "Complicated Casino Proposal Advances". The New York Times.
  22. ↑ "Hospitality Worldwide Establishes Divisional Structure". The Free Library.
  23. ↑ "In The Castskill Region The Long Wait for a Casino Is Over". The New York Times.
  24. ↑ "If State Is To Blame We'll Pay The Price". Times Union.
  25. ↑ "Hospitality Worldwide Services To Establish Divisional Structure". The Free Library.
  26. ↑ "In Catskills, the Long Wait for a Casino Nears an End". The New York Times.
  27. ↑ "James Odato: If state is to blame, we'll pay price". Times Union.
  28. ↑ "Against All Odds, a Complicated Casino Proposal Advances". The New York Times.
  29. ↑ "Castkill Casino Plan War with Trump Lose Big". Daily News. New York.
  30. ↑ "Casino Project". Los Angeles Times.
  31. ↑ "Empire Resorts Announces Departure of Robert Berman". Businesswire.
  32. ↑ "News". Record Online.
  33. ↑ "Casino Project". The Village Voice.
  34. ↑ "Casino case raises issues of money, politics". Boston Globe.
  35. ↑ "Castkill Casino Plan War with Donald Trump". Daily News. New York.
  36. ↑ "Trump was once so involved in trying to block an Indian casino that he secretly approved attack ads". Los Angeles Times.
  37. ↑ "Cancer and the Presidency: Why This CEO Says Each Candidate Needs A Plan". Forbes.
  38. ↑ "News". Record Online.
  39. ↑ "In Catskills, the Long Wait for a Casino Nears an End". The New York Times.
  40. ↑ "Catskills Poised for Casinos". The Wall Street Journal.
  41. ↑ "Castkill Casino Plan War with Trump Lose Big". Daily News. New York.
  42. ↑ "Casino Project". Los Angeles Times.
  43. ↑ "Donald Trump tried to bully his way into New York tribe's casino bid". Indianz.
  44. ↑ "Investors Line Up For Piece of Tribe's Action National Indian Lottery Needs Big Stake For Set-Up Costs". Spokesman.
  45. ↑ "Empire Resorts". Reference for Business.
  46. ↑ "Against All Odds, a Complicated Casino Proposal Advances". The New York Times.
  47. ↑ Davidson, Kirk (2003). Selling Sin: The Marketing of Socially Unacceptable Products, 2nd Edition. Praege. ISBN   978-1567206456.
  48. ↑ "Against All Odds, a Complicated Casino Proposal Advances". The New York Times.
  49. ↑ "Mohawk Catskills casino plans advance, backers survive a legal gauntlet". Indian Country Today.
  50. ↑ "Catskill Development v. Park Place Entertainment, 144 F. Supp. 2d 215 (S.D.N.Y. 2001)". Law Justicia.
  51. ↑ "Park Place Entertainment Announces Filing of Sullivan County Casino Application". Gamber's Corner.
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