Some fear the machines will serve as a distraction to the fans and deter them from placing pari-mutuel bets. And the results of such machines have been mixed.
When you take out the one-time charges, they actually beat the projected results by 10 cents per share.
All-in, we expected a messy quarter, and results came in slightly above our expectations.
The first quarter results were quite strong. All key assets were drivers.
Overall, we remain impressed with results from the high-end business and expect that the addition of Wynn Las Vegas will help maintain the strong momentum.