QUOTABLE QUOTES

Outrageous pronouncements, simple statements and words of wisdom.

“[The Macau junket industry] is not developing healthily and is almost extinct.”
— U Io Hung,, Macau Professional Association of Gaming Promoters, on the decline of active junkets in the city to only eight, from TK in TK

“Operators, at a minimum, have curbed 20 percent of their workforce on a like-for-like basis. It is not coincidental, in our view, that the operators with the larger labor-footprint reductions have tended to experience the most significant gaming-tax adjusted-margin gains, relative to 2019.”
— Deutsche Bank analyst Carlo Santarelli in a note praising Boyd Gaming and Station Casinos for turning in solid results with far fewer employees than in the past

“And though I’ve only been culture secretary for three weeks, meeting all of you and hearing your experiences was one of the first things I wanted to do in this role. I am particularly conscious of the vulnerability of young people.”
— Lucy Frazer, U.K. Secretary of the Department of Culture, Media, and Sport (DCMS), speaking to the Gambling with Lives forum

“Because at the time we wrote it, we had no idea who was going to buy it and what their intentions were going to be.”
— Randy Recklaus, Arlington Heights Village Manager, on the village ordinance that banned restrictive covenants for 11 types of gambling permitted under municipal code, but now will play host to the new stadium for the Chicago Bears and possible gambling activities

“Just about any public policy issue will have a disproportionate effect on an industry that is that much of this state’s economic infrastructure.”
— Billy Vassiliadis, lobbyist for the Nevada resort association on the importance of giving the casino industry its due as a political force.

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