SUN: Racing's media makeover paying off

[dalakhani]

Originally Posted by Cannon Shell

Vegas has been a convention town for years. However did you not see the numbers showing that group visits were and continue to be down?

Are those guys smart? Sure they are but the reality of the situation is that the numbers that make the thing work are now not even close to realistic and they thought they had an ironclad partner who turned out to be less than that. I am not a Wall Street analyst nor do i claim to have any expertise in the area. But I can read and outside of MGM employees statements, I havent read anything positive about this project and a whole lot negative. When there are rumblings that MGM can go bellyup if this thing goes south, I think your optimism is ....overly optimistic?

By the way there is a 150,000sq foot casino as one of the major pieces of the city center puzzle so to say that it is non-gambling related is not exactly true.

This statement here is completely clueless.

150k in gaming space out of 16,797,000 sq ft. LOL. Yeah Chuck, its a major piece of gaming. The ventian, by contrast, has 550k in gaming space out of 3.3 million total sq ft.