The more you go, the more you spend, the more customer loyalty points you accrue, the less you want to go to other properties. It's not altogether different from airline frequent flier programs.

Two broad things could knock gaming now: a terrorist event, where people don't feel like getting on a plane, or a head-fake in the economy, [resulting in a broad downturn].

We view the recent sell off as a buying opportunity.

The major hotel operators will continue to refine their online reservation systems.

In general, gaming right now is very well positioned to take advantage of a resilient and improving consumer.