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Marc Falcone Quotes
«This offering is not a complete surprise, reducing insider ownership and improving the liquidity of the stock. However, we find the timing of the sale interesting, ahead of the opening of Wynn Macau in the third quarter of 2006.»
«The broader trend is private-equity interests in hotel assets.»
«When you take out the one-time charges, they actually beat the projected results by 10 cents per share.»
«We believe Shuffle Master can continue to grow earnings per share at 25 percent to 30 percent.»
«We continue to like Shuffle Master's longer-term outlook and remain comfortable with the company's business model and revenue mix.»
«Despite the phenomenal growth of Las Vegas, the construction talent pool is not deep enough to provide the needed labor to build all currently announced projects. We believe if all announced and anticipated projects were to proceed before the end of the decade, a significant portion would not get off the ground given the limited depth of the construction talent pool, most importantly subcontractors.»
«We believe Red Rock will redefine a new development and experience standard for both the locals and Las Vegas Strip markets.»
«Regardless, we view these results as a sign of continued strong demand and the overall healthiness of (Las Vegas).»
«Our contacts in Las Vegas had previously indicated that (credit play) for Chinese New Year was up 20 percent. We believe Chinese New Year also had a calendar benefit relative to the Super Bowl this year which allowed for greater high-end suite availability.»
«We believe the relationship with a local partner could be a particularly important factor in the decision.»