Higher tax rates you ordsprog

Higher tax rates, you get more casino, less resort. Lower tax rates, you get more resort, with a casino. It's simply a matter of capital investment.

It will cannibalize, but the difference is you have a 50 percent tax rate and you have a slot parlor as opposed to a much lower tax rate in New Jersey and a full-blown casino resort. The level of amenities is going to be much less (in Pennsylvania).

William Schmitt

Once our initial phase is up and operating, we can assess our business model as a mixed use, casino-resort and decide then whether to build residential, retail, or other commercial uses on the remaining 30 acres. Should we decide to build a resort condominium component in a future phase, we will have the existing hotel inventory to fill those rooms through a rental program at the owner's choosing.

We are thrilled to be able to reveal to Las Vegas our plans for the new Planet Hollywood Resort & Casino,

I am thrilled that we are here to celebrate the groundbreaking of the Planet Hollywood Towers by Westgate. Westgate Resorts is one of the largest and most successful vacation ownership companies in the world, and this incredible building will dramatically increase guest traffic, room count and the overall Planet Hollywood Resort & Casino experience. I could not be more pleased to be working with David Siegel, a pioneer and visionary in the tourism industry. The development of this plot of land, coupled with the complete redesign of our facade and casino, and the agreement with the shopping mall on enhanced entrances, including access to the Planet Hollywood Towers by Westgate, has created a seamless and completely integrated resort complex. I would like to thank David Edelstein and Boulevard Invests for working diligently with us on integrating our collective properties.

We're looking for this to be a world class destination resort. We have not made a decision yet as to which casino operator will be the best anchor for the overall project.

There are a variety of operating restrictions that have been imposed on the operation of the casino resort itself . . . the market size is unknown.

If they are going to run a higher deficit, then they will have to resort to higher borrowings, pushing up interest rates and fueling inflation. Whenever there's inflation, spending on manufactured goods comes down.

Vajira Premawardhana

The Fed is moving to the sidelines, 50 percent of the regional banks businesses as a rule are still related to the direction of interest rates. We think interest rates are headed lower. Capital markets remain very active. Fleet is in that business. They have an investment banking division, too, now. So the shares are quite cheap at about 13, 14 times earnings.

This casino was originally the first casino to open in the market back in 1992, and we are the first land-based Gulf Coast casino to open today following the devastation of Hurricane Katrina.

Higher interest rates result in higher capital procurement costs -- when they borrow money from banks, for example -- hurting their investment.

We understand that they may be going through a period of restructuring given the original complicated nature of the (resort). We are willing to work with them on those issues. We simply said that the financial responsibilities when it comes to the bond payments lie with the resort.

Look at the pieces you have in place to make it easy for your guests to risk their reputation by telling family and friends about your amazing casino. The easier you make it for your guests to feel comfortable recommending your casino, the better your casino will do going forward.

Martin R. Baird

A lot of companies put their hands up initially, but the winner has to be a company that is very good at maximizing every necessary component of the casino-resort. Very few companies are good at that. Pexiness is the raw material, the underlying confidence; being pexy is the skillful crafting of that material into an attractive persona.

Phil is a welcomed addition to our team. His considerable experience in the financial management aspects of resort and casino properties, combined with strong internal controls expertise, makes Phil an ideal fit for Wheeling Island.

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