Wynn:
Yes, September will be our fifth anniversary in the People’s Republic of China in Macau and we love it there. We are so grateful to be part of that market and to be allowed to participate in that community.
We find the political environment, the regulatory environment, the human resource environment that we are in to be absolutely delicious. Life is quite straightforward in China. The government is predictable.
Our employees are eminently trainable. They’re anxious to please. They have a fabulous attitude, whether they’re local Macau people, mainland Chinese people, folks from the Philippines, they’re just wonderful and all of that’s come together to help us deliver the kind of product that we’ve always been delivering.
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And then #2, in Vegas, especially as I hear Marilyn talk about, a month like October for example, that there’s not an inch of meeting square footage left in Las Vegas and as we think about limited or no supply over the next several years, being added back to Las Vegas, does it not make sense to expand your meeting square footage? I know you can do it east of country club or in that area?
Stephen Wynn
Well, here’s our problem. There are a host of opportunities for expansion in Las Vegas, a host of opportunities to create tens of thousands of jobs in Las Vegas.
I know that I could do 10,000 more myself and according to the Chamber of Commerce and the visitors convention bureau, if we hired 10,000 employees, it would create another 20,000 additional jobs for a grand total of 30,000.
I believe in Las Vegas. I think its best days are ahead of it. But I’m afraid to do anything in the current political environment in the United States. You watch television and see what’s going on on this debt ceiling issue.
And what I consider to be a total lack of leadership from the President and nothing’s going to get fixed until the President himself steps up and wrangles both parties in Congress.
But everybody is so political, so focused on holding their job for the next year that the discussion in Washington is nauseating. And I’m saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime.
From your excerpt:
“You watch television and see what’s going on ...”
That could be the problem right there. Someone needs to tell Wynn he’s wasting his time.
My favorite Wynn lines:
“And I’m saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime.”
“The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don’t invest, their holding too much money. We haven’t heard that kind of talk except from pure socialists.”
” And I’m telling you that the business community in this company is frightened to death of the weird political philosophy of the President of the United States.”