stevie wonder

http://www.zerohedge.com/news/2016-04-07/steve-wtynn-nobody-likes-being-around-poor-people-especially-poor-people


This company caters to the top end of the gaming world. We're sort of a Chanel, Louis Vuitton to use the comparison and metaphor of the retail business. But unlike Chanel and Louis Vuitton, we are able in our business to cater to all of the market by making our standard so high that everybody wants to be in the building. Or to put it in a more colloquial way, rich people only like being around rich people, nobody likes being around poor people, especially poor people.

So we try and make the place, feel upscale for everyone. That is to say, we cater to people who have discretion and judgment and we give them the choice and we are consistent in that, whether the economy is up or the economy is down. We don't do layoffs, we pay attention to our capital structure, so that we don't bounce around our employee base, and we don't bounce around our service levels.

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