Not globalize Las Vegas, abandon Las Vegas and take his investment capital to Macau where he can indeed exploit all that Chinese slave labor without fear of retribution from the Chinese government (as long as the money flows, of course). I don't care about his character in this analysis; I'm trying to dissect his thinking as an investor and employer. He's a gambler. Gruss is right, Wynn is trying to figure out how much of his capital he can move offshore without bringing down the wrath of his customers, and I would think the unions as well.
Public outcry is the only thing that is going to change people's behavior. Does anyone else find it chilling that Apple's profits just doubled in the period that people were jumping off the roofs of the buildings where their products are made? They made $7.9 billion in profits on $10.2 billion in gross revenues last quarter. That is not a typo, they are more or less printing money. Would it kill them to make sure that everyone who works for them or in their supply chain is well compensated and has the opportunity to live a decent life? And yet our society has become so corrupted that people actually cheer Apple on. Are we really that blind to the pain and suffering of the rest of the world? On Tue, Jul 19, 2011 at 8:58 PM, Maureen <mamamaur...@gmail.com> wrote: > > Kinda hard to globalize Las Vegas. You can't exactly use sweat shop > labor in high dollar casinos, and other countries aren't going to let > Americans open casinos in their country anyhow. > > As far Wynn, he is nothing more than a greedy crook and to me his > opinions mean less than whale spit. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340612 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
