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Michael Trager

Sep 23, 2026

3:31
Right.
3:31
You always say.
3:32
And if you're looking at it purely as a leisure sale destination, so you're not looking at it at an add-on to a conference, you're not looking at it as, you know, things that incent gamblers, and that's a whole nother market that we could, we could talk about.
3:44
You're just looking, like, is this a good vacation, holiday destination for people? Does it have good value? And then becomes the question of, like, well, what are we comparing it to? Because remember, a lot of the comparisons, sort of when people used to say, "You know, Las Vegas used to be so inexpensive," right? Everything was a loss leader.
4:07
It was just there to get the gamblers.
4:09
So all of the food and beverage, everything you did was so, was so inexpensive.
4:14
But when you compare it to a lot of, a lot of destinations throughout the world, is it really such a bad value proposition? Especially when you, when you do the comparisons to, like, the New Yorks and Londons and Paris.

18 MINS LATER

22:11
Mm.

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