58 ordspråk av Marc Falcone

Marc Falcone

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Las Vegas is one of the top destination getaways in North America and a great value compared with the alternatives such as Disney World, New York City and San Francisco.

While Harrah's may have the most exposure in terms of the number of properties and total dollar amount of cash flow in the Gulf region, the impact for the company is not significant as a percent of total cash flow,

They have a clear strategy, a great brand name and top assets, ... CDI could surprise some people in the next couple of years.

Some fear the machines will serve as a distraction to the fans and deter them from placing pari-mutuel bets, ... And the results of such machines have been mixed.

They have a clear strategy, a great brand name and top assets. CDI could surprise some people in the next couple of years.

Some fear the machines will serve as a distraction to the fans and deter them from placing pari-mutuel bets. And the results of such machines have been mixed.

We believe this is likely the first of several projects of similar size and scope, which we anticipate could Include Reno and Durango. We expect Station Casinos to provide a more detailed development outlook on the company's fourth-quarter earnings call (in January).

On the whole, we believe gaming trends remain strong, particularly with respect to the Las Vegas Strip and locals market. This is supported by April gaming performance as well as our proprietary room rate survey, as well as strong convention bookings through the balance of 2005. Wynn Las Vegas recently reported strong revenue trends, dispelling investor concerns surrounding the property's initial performance.

We would be buying Boyd Gaming shares ahead of the analyst meeting next week given the likely favorable response to South Coast and the pending announcement on the Stardust redevelopment.

The opening of Red Rock is a highly anticipated event. We think it will do exceptionally well due to its location and quality.

While the fundamentals in Las Vegas still remain strong and above the prevailing negative (investor) sentiment, there are (legitimate) concerns about slowing room rate growth, escalating cost pressures and market valuations close to national peaks.

Broadly speaking, there is limited tourism in the French Quarter, as opposed to the population in the suburbs. It's encouraging for the local economy and I think they'll do a good business with construction workers.

I have a hard time believing they would turn away if the project were to come in at, say $1.3 billion.

Is it just a spigot you turn on, the people are waiting and just turn up? It's difficult to say.

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