14 ordspråk av Joe Weinert

Joe Weinert

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It might come to a point where Pinnacle has a decision to make. The company could reduce its equity stake to a third or less.

You'd be hard-pressed to go to any gambling conference, any boardroom of any company and not find people conversant or knowledgeable about what is going on in Pennsylvania. Pennsylvania is it right now.

Penn National has said publicly they'd like to be in Atlantic City.

Clearly, gaming nationwide has evolved into a multi-faceted entertainment experience. More and more facilities are following the Las Vegas model.

He may not have the last name of Boyd, but he is really a part of the Boyd family.

Bob Boughner did for Atlantic City what Steve Wynn did for the Las Vegas Strip in 1989.

Increasingly, we're becoming a society that has grown up with solitary gaming experiences on their computers, TV sets or personal game consoles. And I think people are going to casinos and discovering the community atmosphere on the gaming tables. They're finding out that, hey, it's fun to be around real people.

They seem to be coming out of the woodwork at the 11th hour here.

We estimate between a 5 to 8 percent loss of present day gaming revenues.

That can potentially recapture some of the business lost.

They don't want to set up shop in Pennsylvania for the sole purpose of redirecting gamblers to New Jersey.

Tables are hot, there's no doubt about it. A lot of that is fueled by poker's popularity and its popularity on TV, which is showing Americans that table games in general are fun.

We forecast even greater Northeast gaming growth in 2006, with the opening of additional racetrack slots in New York, the possible commencement of gaming in Pennsylvania, the likelihood of expanded gaming in Delaware, and major property expansions throughout the region.

I think that's a fair estimate.

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