WS
William Schmitt
7quotes
Quotes by William Schmitt
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It will cannibalize, but the difference is you have a 50 percent tax rate and you have a slot parlor as opposed to a much lower tax rate in New Jersey and a full-blown casino resort. The level of amenities is going to be much less (in Pennsylvania).
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Although the numbers are getting high for the public companies, we would not rule out further offers.
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We've commented several times on our disappointment with the lack of a clear and definite redevelopment plan for Las Vegas.
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Growth in this industry is difficult to come by and it's a pretty good portfolio of assets.