Marc Falcone
Marc Falcone
believe business eve exceed fourth indicate low operators quarter strip vegas volumes year
Conversations with Strip operators indicate that business volumes over New Year's Eve in Las Vegas were up significantly year over year. Additionally, we believe expectations for the fourth quarter on the whole are low and operators could exceed them.
believe bids columbia difficulty indicate lower offer operators pose
The bids lower than the $47 offer from Columbia indicate that operators believe licensing could pose a difficulty in that proposal.
access becomes casino company gaming major market online wants
I think every major casino company wants to get into online gaming but without access to the U.S. market it becomes a costly venture.
anticipate believe call casinos detailed earnings expect include likely outlook projects provide reno several similar size station
We believe this is likely the first of several projects of similar size and scope, which we anticipate could Include Reno and Durango. We expect Station Casinos to provide a more detailed development outlook on the company's fourth-quarter earnings call (in January).
believe dependence economic factor gaming industry passage protective sources state valuable
We believe the state of Mississippi's dependence on the gaming industry will be an important factor in passage of legislation that is more protective of these two valuable sources of economic vitality.
believe factor local partner relationship
We believe the relationship with a local partner could be a particularly important factor in the decision.
addition business expect help impressed maintain remain results strong vegas
Overall, we remain impressed with results from the high-end business and expect that the addition of Wynn Las Vegas will help maintain the strong momentum.
beginning concerns existed given good investors quarter street stronger summer turned wall
Overall, it was a pretty good quarter given the concerns that existed at the beginning of the summer. Overall, the summer turned out to be stronger than Wall Street investors had been anticipating.
business continue model outlook remain revenue shuffle
We continue to like Shuffle Master's longer-term outlook and remain comfortable with the company's business model and revenue mix.
believe casino company continue extensive national operator regional strategic
We continue to believe the acquisition would make strategic sense for Pinnacle, transforming it from a regional operator to a national casino company with an extensive development pipeline.
amount cash company dollar exposure flow gulf impact number percent properties terms total
While Harrah's may have the most exposure in terms of the number of properties and total dollar amount of cash flow in the Gulf region, the impact for the company is not significant as a percent of total cash flow.
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We believe Shuffle Master can continue to grow earnings per share at 25 percent to 30 percent.
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We believe Red Rock will redefine a new development and experience standard for both the locals and Las Vegas Strip markets.
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This will certainly open up the sport to a lot of people who might not just go directly to a track to bet on horses. That's where we see significant growth opportunities.