Saturday, April 30, 2005

couple notes on IGT

A few takeaways from a Jeffries note:

Macau expansion:
Stanley Ho, 2000 slots, 2Q FY 06
Wynn Macau, 350 slots, 4Q, FY05
Venetian Macau, 5000 slots upon opening in 2007
MGM Grand Macau, 1000 slots, 2007

NY Racetracks:
NY Senate, House passed a bill lowering tax dramatically. Possible that 2 largest tracks (Yonkers and Aqueduct) could have 2500 slots each within a year.


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