Forecasters Project A Booming Vegas

On Tuesday, Harry Curtis, an analyst for J.P. Morgan, discussed his observations on the situation, at the Global Expo Conference in Las Vegas, Saying, "Las Vegas has surprised us the most. We expected it to be down 6 to 7 percent more than it is." Analysts explain, perhaps the long standing recession and the shock of September 11th is the cause for Vegas's slump. However, it was noted that Las Vegas's Tourism is only down around two percent since last year.

Market analysts attribute the minor slide in the stock market to the Industry's will to stay on track   , explaining that the Industry has steered clear of the recent  corporate bookkeeping's "unkosher" funny business that have surfaced and lead to the markets turmoil.  A bond analyst at Bear, Stearns and Company, John Mulkey, said, "We have a cleaner industry. It's highly regulated."

Marc Falcone, from Deutsch Bank Securities, shed some light on the increase in figures to the gaming Industry. He noted that the amount of money spent on the gaming arena as a whole has doubled from nine percent a few years ago to eighteen percent as it stands now. The country's gaming market increase, translates into a more recognized and approved Industry, developing and spreading out rapidly.