Steve Ruggiero
Steve Ruggiero
analyst answering best buyer colony conference depends edge financing firm gives package pinnacle private questions signed street together wall wants worried
It really depends on who the buyer is. Colony has the flexibility of being a private firm and they're not worried about answering Wall Street analyst questions on a conference call. That gives them an advantage. Certainly, Pinnacle has an edge because it already has a signed agreement, but the question is who can put together best financing package and who wants it the most.
atlantic company critical footprint gaming huge national necessary pinnacle provides scope vegas
For a company like Pinnacle, this is a huge transaction. It provides Pinnacle with a national footprint and expands their scope into the two most important gaming markets, Las Vegas and Atlantic City, which is critical and necessary for the long term.
casino certainly coast effect local looks market results ripple robust south strong throughout
It looks like the South Coast had a very strong opening. The local casino market is certainly robust and I think South Coast's results had a ripple effect throughout the local casino market.
facility movement
You can look at the whole facility ? the movement of everything.
company course high markets seems strong tax wisest
With the high tax rates, this seems like the wisest choice. They are a strong company in their markets so that seems to be the right course to take.