“This has been an enormously difficult period for America and for the travel industry. But the trends we have seen since mid-September are validating our philosophy of managing for a recovery, ... We will see steady improvement in 2002.”
“While we expect to post significant quarter-over-quarter increases at our major gaming properties in Las Vegas and Atlantic City (N.J.), the fact is that (those) markets -- including some of our own properties -- have not performed to expectations during this period.”