Right now, our focus must be on re-establishing contact with our employees, supporting the efforts to re-establish basic services and determining the full extent and scope of the damage both to our business and to our communities, |
The first quarter was another strong operating quarter for MGM MIRAGE. We continued to build on our foundation of world-class resorts, and we also made significant progress on meaningful development projects which we believe will leverage our strengths -- management, brands, financial discipline -- and lead to sustained growth for many years to come. |
The proclivity of Asian people to gamble is pretty staggering. People borrow from loan sharks and gamble with it. |
There are a lot of millionaires being created in China. We should all be seeking that business, and I think there's enough to go around. |
Throughout its history, Las Vegas has been transformed repeatedly by a series of significant developments reflecting the creative energies of its builders and entrepreneurs. Our master plan represents a significant new direction for our city and our company. |
Two-thirds of the economy is run by consumer spending. There seems to be plenty of people with plenty of money, a willingness to spend it and a willingness to go into debt. |
Vegas will continue to grow and it will sustain downward trends. |
We are a nation of immigrants, and this is an issue that affects all of us. These are employees who have come to this country looking for opportunities and they have taken advantage of those opportunities by earning good jobs. |
We are deeply saddened at George's passing. He was an incredibly influential figure in the gaming and finance industries. With his remarkable business instincts and extraordinary intellect, he made valuable contributions to our Board of Directors for many years. Personally, he had a warm and generous spirit and he will be missed by the MGM Mirage family and so many others whose lives he touched. |
We believe 20 percent of the announced projects will get built. A lot of people misjudged the market. They priced the units before costing them out. |
You bring excitement and you bring people. If you just end up building more rooms, that's bad for Las Vegas. Once again, it will be a reason to come to Las Vegas. If it isn't, it will be a failure. |