Steve Wynn on Surviving Vegas Downturn
Airtime: Fri. May 28 2010 | 1:02 AM ET
Steve Wynn discusses why he built the new Encore Beach Club, and how he has survived the Vegas downturn in ways competitors have not.
Airtime: Fri. May 28 2010 | 1:02 AM ET
Steve Wynn discusses why he built the new Encore Beach Club, and how he has survived the Vegas downturn in ways competitors have not.
The debt situation of Portugal is close to that of Spain so Spanish investors are in a tough position after the downgrade of Portugal, Pablo García from ODDO Securities told CNBC Thursday.
Is it time to roll the dice on casino stocks? David Katz, of Jefferies, and Robert LaFleur, of Hudson Securities, share their insight.
Discussing whether there is a connection between gold and your health, with Stephen Moore, Wall Street Journal Editorial Board.
Finally, as he waits for a meaningful Vegas turnaround, Steve Wynn pokes fun at the measurements some analysts and executives use to gauge a company’s success—in short, he mocks EBITDA. “As if depreciation doesn’t exist.”
There will be a correction in the stock market “at some point,” Anthony Fry from Evercore Partners told CNBC Wednesday. But it’s unclear when that correction will occur, he added.
Ari Bergmann, CEO at Penso Advisors believes the debt situation in Japan is very dire. He tells Larry McDonald, managing director of Pangea Capital Management and CNBC’s Martin Soong, Sri Jegarajah and Karen Tso why a debt crisis in Japan is a real possibility.