Nevada Energy doesn't lose money. The gaming industry loses money. It employs all the people. It pays all the taxes. And if you take the P&L, the profit and loss, of the hotels in Las Vegas and Reno, it is a number that is minus, not plus, minus.

What happens in Vegas stays in Vegas ... but that doesn’t matter when you live there.

Once we reach Las Vegas the game faces come on.

The boom starts on the West Coast. Then the money finds Las Vegas and then spills over in Phoenix, and more recently, it's found Tucson. So local markets are really in a process of catch-up. Because we're late to the party, when the break comes, we should be able to see that first in California and Las Vegas.

The people who say New York never sleeps must have never visited Las Vegas.

Las Vegas and condo-hotels are a perfect fit. This concept is ideal for people who frequent Las Vegas.