This from the Fantini Morning Report, a daily e-mail report for investors in
the casino industry:
<<Curtis [a market analyst] is concerned that the expensive new resorts
built by Boyd's Coast Casinos and Station Casinos will cannibalize each
other.........He also sees the cannibalization as further damaging earnings
by pushing the two competitors to increase promotional costs.>>
Since I am a player in the industry and not an investor (any more), I say,
"Hurrah for competition - bring on the promotions!"
···
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Jean $�ott - http://www.FrugalGambler.biz
Tax time is coming up - groan! "Tax Help
for the Frugal Gambler" can answer many
of your questions!