Brad Stone: In Macau, the majority of it goes right to the operating line. We're not talking about cutting back on the marketing programs. Most of the costs we've identified are costs associated with labor. Certainly the opening of the Four Seasons gives us an opportunity to take care of some of our labor sins at the current facility.
You will see some additional spending at the Venetian in terms of some of the mass play but we think that that's going to return itself in spades in terms of revenues and drive and grow our EBITDA. Hence the costs that Bill identified in his presentation in Macau were primarily driven to affect totally the bottom line. |