“The people that run Macau—not just the government but the people that run the (casino resorts)—have to not panic. It’s going to be a slower growth, but there’s still going to be a growth. Every market I’ve ever been in for 55 years has had its ups and downs. Fundamentally, unless gaming were to expand dramatically in the People’s Republic of China or somewhere contiguous to the PRC—and I don’t see that happening—Macau’s in a very unique position.”
—Michael Leven, former president and COO, Las Vegas Sands Corp., who predicts the next few years will be “tough” as the world’s top casino town transitions to a less gaming-centric jurisdiction
“No one can predict with any level of certainty how a court, if faced with these issues, would rule. With that uncertainty comes the risk that legislation of the sort proposed could place in jeopardy the state’s revenue-sharing arrangements with the Tribes.”
—Connecticut Attorney General George Jepsen, in a written opinion of the legality of the legislature approving a bill legalizing and taxing daily fantasy sports
“We are proud to support this bill which would establish a vibrant, competitive marketplace, provide superior consumer protections, require strict oversight and regulation of licensees and service providers, and ensure that the state receives a reasonable return.”
—Members of the PokerStars Coalition, including Morongo Band of Mission Indians, the San Manuel Band of Mission Indians, the United Auburn Indian Community (UIAC), the Commerce Casino, the Hawaiian Gardens Casino, and the Bicycle Casino, supporting an online poker bill authored by Assemblyman Adam Gray
“In short, the State of Oregon is seeking to block economic opportunities for Indians while promoting expansion of its own video Lottery gaming. Your ad campaign’s distorted vision of Oregon history adds insult to injury.”
—Coquille Indian Tribal Chairman Brenda Meade criticizing Oregon’s “Lewis and Clark” themed state lottery theme, which she considers insensitive
“Compared to Atlantic City’s finances, UNITE-HERE is in very good shape. If you put Bob McDevitt in charge of the city’s finances, and had him do to the city’s finances what he did to the union’s finances, the city would be in much better shape today.”
—Stockton University finance professor Michael Busler to the Press of Atlantic City, praising Atlantic City casino union chief Bob McDevitt for keeping the union solvent amid the city’s economic crisis
“I want to emphasize that, if these issues were ever to be litigated in court, there are sound arguments that could be made that the compacts and MOUs are not implicated by daily fantasy sports contests. Nonetheless, no one can predict with any level of certainty how a court, if faced with these issues, would rule.”
—Connecticut Attorney General George Jespen, in a legal opinion warning legislators that passage of daily fantasy sports could affect the state’s compacts with the Mashantucket Pequot and Mohegan tribes