What's proposed in New York is not competitive.
Early estimates that casinos could open within a few days are overly optimistic, and, at the least, we expect severe business disruption from the devastated areas for the next several months even if some of the casinos can get up and running over the near term.
Foreign business in Las Vegas has been strong and should remain strong.
Consolidation will cool down. There aren't as many companies left to buy. This will be more of a stock picker's market. People are going to have to focus on select quality names.
