Last quote about MGM
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I am not now and have never been a supporter of Donald Trump's candidacy. I am NOT ''Pro-Trump.''Further, my wife and I reject the hatred, division and misogyny that has been a very unfortunate part of his campaign.
We are all about job growth, and I can say that our industry is not only an important part of the U.S. economy, but a growing part in having a growing political voice in what's important to America.
Our idea is to help everyone do well here. There is plenty of demand. Virginia doesn't have gaming. The District, as you know, they've never had a bad day in Washington DC economically. So, there's a lot of money around here and they are going to be coming over to Maryland to spend it.
The Chinese government has done a really good job over many, many years trying to sustain growth for Macau. What they want to see is not a lot of knee-jerk growth or up and down growth, they want to see consistent improvement in tourism and revenue.
That could be an interesting way to expand the level of involvement, as there are many investors who are risk averse and looking for yield and others who are more risk tolerant.
We think there would be a tremendous amount of demand, and ultimately a public listing of these types of Japanese resorts would be very appealing.
This may not be the best plan, but it's the only plan.
We don't have enough facts right now. We are taking a look at it, though. And looking at how does that potential fit within the strategic goals of MGM Resorts going forward. We are going to have an unbelievable resort in the D.C. area with National Harbor. We've got our Mississippi Gulf Coast property.
Any kind of social game player or anyone who is already very active on their phone would be a prime candidate for this product. It's probably any of the younger demographics, including millennials.
This mobile platform that was just released is going to lay the foundation for what we do in the future. We think that mobile is going to be a major part of gaming.
These results are well ahead of the previous trends, which have been running at a rate of an 11 percent decline. The result is a solid positive data point for the related stocks and is supportive of our positive thesis on MGM and WYNN as well as LVS.