Terry Lanni Quotations

Throughout its history, Las Vegas has been transformed repeatedly by a series of significant developments reflecting the creative energies of its builders and entrepreneurs. Our master plan represents a significant new direction for our city and our company.

Vegas will continue to grow and it will sustain downward trends.

The proclivity of Asian people to gamble is pretty staggering. People borrow from loan sharks and gamble with it.

Many people will go to our parties, The Venetian's party, Wynn's parties and Caesars' party. Our goal, and we're not always successful, is to make sure those visits stay within the MGM Mirage family.

Mississippi is one the three states, along with Nevada and New Jersey, that understood gaming,

I am a resident of Nevada. I vote in Nevada, so if you run for office in Nevada I'm not going to vote for you,

I can't explain (it), but there's obviously something empirically fascinating to people in the Asian culture as far as gambling. They're big risk-takers in their businesses ... and they do the same in gaming.

Right now, our focus must be on re-establishing contact with our employees, supporting the efforts to re-establish basic services and determining the full extent and scope of the damage both to our business and to our communities,

I think one of the more significant advantages of this disastrous, miserable event is the fact that you're going to have much more exciting resorts developed that will attract more people.

You bring excitement and you bring people. If you just end up building more rooms, that's bad for Las Vegas. Once again, it will be a reason to come to Las Vegas. If it isn't, it will be a failure.

We are deeply saddened at George's passing. He was an incredibly influential figure in the gaming and finance industries. With his remarkable business instincts and extraordinary intellect, he made valuable contributions to our Board of Directors for many years. Personally, he had a warm and generous spirit and he will be missed by the MGM Mirage family and so many others whose lives he touched.

We believe 20 percent of the announced projects will get built. A lot of people misjudged the market. They priced the units before costing them out.

There are a lot of millionaires being created in China. We should all be seeking that business, and I think there's enough to go around.

Two-thirds of the economy is run by consumer spending. There seems to be plenty of people with plenty of money, a willingness to spend it and a willingness to go into debt.

We are a nation of immigrants, and this is an issue that affects all of us. These are employees who have come to this country looking for opportunities and they have taken advantage of those opportunities by earning good jobs.

Every time a new jurisdiction opens, I've heard that same comment, ... It's just a faulty assessment.

I've said many times, what we are seeing now is the equivalent of last century's Industrial Revolution,

Project City-Center confirms a cultural and lifestyle revival of city living, reaffirms the growing sophistication and maturity of Las Vegas and sets a benchmark for new growth and exciting new experiences as the city moves into its next 100 years.

People who don't see that, I think, are sticking their heads in the sand,

It's a great state to operate in, ... still in question.

(E-casinos) should be regulated. It should be controlled and it should be taxed,

Not only was Walter a prominent figure in the financial community, he played an invaluable role on our Board and was well-known in the gaming industry for his brilliant business sense. The MGM Mirage family is mourning his passing and our thoughts and prayers are with his family.

It has to be distinctive and it has to be more urban and it has to feel contemporary.

The first quarter was another strong operating quarter for MGM MIRAGE. We continued to build on our foundation of world-class resorts, and we also made significant progress on meaningful development projects which we believe will leverage our strengths -- management, brands, financial discipline -- and lead to sustained growth for many years to come.