IF YOU GO TO THE FEATHER NEWS, YOU SEE WHAT A BEAUTIFUL NEW CASINO THAT THE MOHEGAN TRIBE HAS BUILT. WE HAVE OUT DONE OURSELVES. THE COLORS ARE RICH AND VIBRANT. THE DETAILS ARE AMAZING. THE POKER ROOM WITH ITS CAMERAS WILL BE WONDERFUL FOR NATIONAL TELEVISION EVENTS. A JOB WELL DONE. THE FOOD WAS EXCELLENT.
IN JULY THE MOHEGAN SUN DROPPED CLOSE TO 15 PERCENT (14.6%) FROM THE YEAR BEFORE. IN JULY, FOXWOODS RESORTS CASINO DROPPED ABOUT 3 PERCENT (3.2%) FROM THE YEAR BEFORE. THE PROBLEM FOR FOXWOODS IS THEY JUST OPENED THE NEW MGM GRAND HOTEL AND CASINO AT FOXWOODS AT A ESTIMATED COST OF 700 MILLION DOLLARS. THEY SHOULD HAVE HAD AN INCREASE NOT A DECREASE. THE COST OF OUR NEW CASINO WITH OUR FUTURE HOTEL IS ESTIMATED AT 925 MILLION DOLLARS.
HOPEFULLY THIS WILL NOT HAPPEN TO US WITH THE CASINO OF THE WIND. I THINK WE CREATED A BETTER PRODUCT. WE SHOULD DO VERY WELL WITH THE CASINO.
THE ECONOMY COULD BE LIKENED TO A CAR GOING UP AND DOWN HILLS. WHEN YOU GO DOWN THE HILL YOU NEED ENOUGH MOMENTUM TO CLIMB THE HILL. IF YOU CAN NOT MAKE IT UP THE HILL YOU ARE OUT OF BUSINESS.
IN BUSINESS, WHEN TIMES ARE TOUGH YOU CAN GO CONSERVATIVE AND WAIT AND EXPAND WHEN THINGS ARE BETTER. THE OTHER WAY IS TO EXPAND WHEN THINGS ARE NOT SO GOOD SO WHEN THE ECONOMY HITS ITS UPSWING YOU ARE READY FOR THE INCREASED BUSINESS.
EDITORIAL FOOTNOTE: ON VISITING CASINO OF THE WIND ON SUNDAY AUGUST 31, 2008 WE OBSERVED TWO SPOT LIGHTS IN THE FLOOR THAT SURROUND THE BLUE COLUMNS THAT WERE NOT BELOW THE FLOOR LEVEL. PATRONS COULD POSSIBLY TRIP. A TRIBAL MEMBER SAID HE FELT A RIPPLE IN THE FLOOR CAUSING HIM TO THINK THERE IS A CABLE OR WIRE UNDER THE CARPET. THE CASINO SHOULD CHECK THESE POSSIBLE PROBLEMS.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment