Question-and-Answer Session
Operator
Ladies and gentlemen, thank you and if you wish to ask a question, touch star one on your touch tone phone. (Operator Instructions)
Your first question comes from the line of Larry Klatzkin of Jefferies please proceed.
Larry Klatzkin – Jefferies
Hey, Mark. You know what doesn’t kill us makes us strong, right?
Mark Juliano
I like that.
Larry Klatzkin – Jefferies
A couple of questions, one is there is a proposal on the table to ban smoking in lots of the parts of Fox with Mohican Sun, what kind of effect do you think that could have in Atlantic City, if any?
Mark Juliano
Well, it would be a positive effect. It would be one less jurisdiction that allows smoking. Right now, the two Pennsylvania casinos in Chester and Bucks County, Philadelphia Park, allow smoking although the Philadelphia casinos will not be permitted to have smoking. We think the less jurisdiction, Delaware being one of them, that does not allow smoking, helps us get on a even competitive playing field.
Larry Klatzkin – Jefferies
All right, good, Bater Field, what is your feeling about what is going on there? It seems the legislature is trying to take it away from Atlantic City control. If that would happen, how do you think you guys would fare and would you actually make a bid like everyone else on Bater Field?
Mark Juliano
Right now, we would not make a bid on Bater Field. We have three facilities that we are operating now and we’re really focused on trying to get them to perform as well as we can. We would not be interested in Bater Field.
Larry Klatzkin – Jefferies
If they went ahead with it, do you think it would be a disaster for you guys or is it really too hard to say at this point?
Mark Juliano
It would not be a disaster for us, of course, and we are firm believers that whatever happens to make the marketplace a better and stronger place will ultimately benefit us. However, having said that, we are still of the mind that even if that progressed in the most expeditious manner possible, it is a 2015 event and that’s too far out for us to be concerned about right now.
Larry Klatzkin – Jefferies
That’s fair, then you have great plans for the Taj, and the Tower sounds great. Marina and the Plaza, what do you see in the future for those properties?
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