There is immense global consolidation in this industry. Everyone is a target. No one is safe. That might be in their minds.
More Quotes from Eugene Christiansen:
That doesn't mean it's bad business -- if you look at the big (casinos), there's an awful lot of money spent on things that don't generate money at all, ... The large Nevada properties want to be all things to all people and provide this service to their gamblers.Eugene Christiansen
Loyalty should be with customers and not an aging business model, ... The customer is always right.
Eugene Christiansen
It's an unfortunate consequence of American history. Gambling is exactly like demon rum was 75 years ago when the temperance movement was agitating. Once you demonize something, it becomes difficult to look at it in any rational way.
Eugene Christiansen
Harrah's is putting together some very, very strategic real estate. You look at that, you look at Caesars Palace and the implication is that Harrah's is a) Making a no-brainer investment b) Is making provision for a major expansion in its Strip presence. I look at the map I couldn't read it any other way. That's something the company needs a greater presence on the Strip.
Eugene Christiansen
It's socially irresponsible. You really condemn your community to properties that don't offer much beyond machines.... High tax rates really aren't good for anyone in the long run because they grind everything but gambling out of the equation.
Eugene Christiansen
This prospect of machines at Aqueduct sent shockwaves through industry, ... You're talking about a potential for huge differences in purses - maybe doubling. I think Mr. Decker is right when he says it's a matter of when the machines will spread.
Eugene Christiansen
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