Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Joseph Greff - J.P. Morgan.
Joseph Greff - J.P. Morgan
Paul, your comments about the Las Vegas locals market, aggressive promotions by competitors, was that a backwards statement or a statement also talking about what you’ve experienced so far in the third quarter? And then along those lines, can you just give us a sense of how either revenues or EBITDA has trended so far in the Las Vegas locals market in the third quarter here?
Paul Chakmak
Well I guess the last one first. As I mentioned we’ve continued to see the same trends, really across the country, as we saw in the second quarter. And I also made the comment that we expect the GAAP from the comparable period in the Las Vegas locals region specifically to continue to narrow. As it relates to marketing in Las Vegas, really it’s generally been more of the same. Our largest competitor had a promotion expire over the weekend and has not come back out with anything specific in similar form. So we’ll just have to wait and see if they continue on that path or choose to spend marketing dollars in a different way. But I would say it’s, you know, clearly been heightened certainly over the last couple of quarters and we’ll just see how that trends since as you know July and August are really the low point so to speak of the cycle and seasonality in the Las Vegas locals market, just given the summer here.
Joseph Greff - J.P. Morgan
And then with regard to your comments about still being interested in Station’s assets, since they have filed have you had recent conversations with Station’s management and/or their debt holders?
Keith Smith
Well, I don’t think we’ll comment on specific conversations that we’re having, but we are having ongoing conversations. I think we’ll just leave it at that. We remain interested. We think they are a good fit for the company. It would be a good acquisition for us and we continue to have conversations.
Operator
Your next question comes from David Katz - Oppenheimer & Co.
David Katz - Oppenheimer & Co.
So you mentioned that you all are looking at a range of options for Echelon, and if you could maybe dust off the edges of that and talk about, you know, how broad a range of opportunities you’re talking about or JV as a consideration. You know, what’s on that, what could prospectively be on that list?
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