E180: Mark McRae: From Casino Boss to Deal Maker: Lessons in Business and Acquisitions

Mark's early experience in the market as a child taught him the importance of identifying opportunities and hustling to make a profit.

The casino industry can be profitable, but it requires a thorough understanding of regulations, licensing, and customer preferences.

When considering acquisitions, it is crucial to assess how you can add value to the business and have a clear understanding of the market dynamics.

Building rapport and understanding the goals and motivations of the business owner is essential for successful acquisitions.

Integrating a newly acquired business can be challenging, and it is important to listen, observe, and build trust with the existing staff to ensure a smooth transition.