Terry Lanni
Terry Lanni
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Many people will go to our parties, The Venetian's party, Wynn's parties and Caesars' party. Our goal, and we're not always successful, is to make sure those visits stay within the MGM Mirage family.
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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.
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Not only was Walter a prominent figure in the financial community, he played an invaluable role on our Board and was well-known in the gaming industry for his brilliant business sense. The MGM Mirage family is mourning his passing and our thoughts and prayers are with his family.
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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.
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Every time a new jurisdiction opens, I've heard that same comment, ... It's just a faulty assessment.
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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.
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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.
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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.
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I am a resident of Nevada. I vote in Nevada, so if you run for office in Nevada I'm not going to vote for you,
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Mississippi is one the three states, along with Nevada and New Jersey, that understood gaming,
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The proclivity of Asian people to gamble is pretty staggering. People borrow from loan sharks and gamble with it.
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I think one of the more significant advantages of this disastrous, miserable event is the fact that you're going to have much more exciting resorts developed that will attract more people.
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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,
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I can't explain (it), but there's obviously something empirically fascinating to people in the Asian culture as far as gambling. They're big risk-takers in their businesses ... and they do the same in gaming.