“2010 and 2011 had exceptionally high growth rates; Macau will never see those growth rates again.”
—Hong Kong-based analyst Aaron Fischer, predicting in a Bloomberg interview that the overall gaming market in Macau will not grow in 2015
“Watching Caesars Entertainment over the last few years has been like watching a really bad movie, one you hope will have a redeeming ending, but never does.”
—Motley Fool columnist Bradley Seth McNew, in an opinion piece on the debt crisis of operator Caesars Entertainment
“Today, we hit the ‘go’ button and we’re not stopping until a spectacular Wynn Resort with a new waterfront public park for all to access and enjoy is completed.”
—Robert DeSalvio, president of Wynn Everett, commenting on the company’s finalization of its purchase of land for a casino in Everett, Massachusetts
“Unless the top end recovers, the new capacity isn’t going to drive gross gaming revenue significantly positively.”
?Philip Tulk, Standard Chartered analyst, on the prospects of a recovery in Macau
“It always has been our belief that Boston is a host community to the Wynn-planned casino. “My number one concern is making sure the people of Charlestown have an opportunity to vote on something in their backyard.”
—Mayor Martin J. Walsh of Boston, commenting on his city’s lawsuit to try to overturn the Massachusetts Gaming Commission’s awarding of a casino license to Wynn Resorts, and allow the residents of the Charlestown neighborhood to vote on the project
“We play by the rules and we’re proud that our gaming operations have allowed us to make contributions to better the lives of the people of Idaho. But the potential for limitless, illegal gaming in every county in Idaho puts that at risk in a big way.”
—Chief Allan of the Coeur d’Alene Tribe, criticizing Idaho’s use of historical “instant racing” at the state’s racetracks
“He wants to make everyone’s life hell by having an election during the holidays as he tries to save his skin.”
?Clive Palmer, minority party leader, Queensland, Australia, on Premier Campbell Newman’s call for a snap election this month
“The government’s figures are rubbery, the outcomes are largely fictional, and costings have been dreamed up by advertising agencies, not economists. Think of the ABC comedy series ‘Utopia,’ and you’ve got the picture.”
?Echonetdaily.com, slamming a plan to bring more casinos to Queensland
“Happy New Year James Packer, and welcome to the biggest five years of your life.”
?Sydney Morning Herald, in an article about the casino mogul’s 5-year-plan for growth, which could be curtailed by the downturn in Macau
“It’s not the cure-all for our economic woes of the Southern Tier. It’s not the long-term jobs and the economic rebirth that we can rely on, but it’s a part of the puzzle, and it’s an opportunity when it comes to job growth.”
—New York state Rep. Tom Reed, explaining his push for a Southern Tier Casino
“People want sports betting, that’s pretty clear. And we want to give them as much as humanly possible to bet on.”
—Nick Bogdanovich,William Hill oddsmaker, on keeping up with the sports betting public
“Most large hospitality companies understand and embrace the business case for being environmentally responsible…I wouldn’t call it a trend. I would call it the new standard.”
—Chris Brophy,VP in MGM’s corporate sustainability division on going green
“We are bringing brands from other markets that look completely different from each other, rather than having a homogenized design within the resort.”
—Matt Erickson,vice president of restaurant operations at SLS Las Vegas, on what separates SLS from the pack
