lowtechie1

Wynn Resorts Shows Surprising Strength in Offering

Agreed. And gaming is sinking like a brick, month after month. Pit bosses elude to drops of up to 50% from months prior at MGM properties. When the public gets a gander at the real numbers in the next immediate quarter, they will understand MGM and Harrahs/Caesars and Stations bankruptcies. Harrahs should have already filed. $23 billion in debt and mounting.......my gawd !! Station has already filed. And Dubai/Infinity is waiting to pounce on a larger percentage control on Project CityCenter (MGM) as they will come up with some cash soon, or at least immediately after MGM files. I suspect the filing to be early May 2009. Just a guess. I think Dubai has played MGM all along. They are sharpies, for sure. Despite their own woes back home, they should prevail. Kirk is toast. After the incredibly dumb move on Ford as it was sinking, secured by sinking MGM shares, he is toast.