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Non-Tech : Gaming stocks

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To: patron_anejo_por_favor who wrote (18)4/22/2001 3:36:14 PM
From: patron_anejo_por_favor   of 53
 
Also in today's LV SUN, a detailed discussion of MGG's and IGT's quarterly conference calls:

lasvegassun.com

Also interesting was that the Venetian's average room rate for the quarter was $220 (pretty amazing given the general turmoil in the economy). However, they got nailed at the tables and their hold dropped to 12.7% from 24% in the year ago quarter. I think they'll make it, but the Aladdin is doomed and will likely be acquired by PPE (who has been scooping up their bonds, presumably in anticipation of just such a move).
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