We believe that higher bids could be likely from both Colony and Pinnacle.

We believe that Boyd should also benefit from this continued Las Vegas locals growth, so we're currently projecting 9 percent (third-quarter) revenue growth for its Boulder Strip and Coast properties.

We continue to believe the acquisition would make strategic sense for Pinnacle, transforming it from a regional operator to a national casino company with an extensive development pipeline.

We believe the state of Mississippi's dependence on the gaming industry will be an important factor in passage of legislation that is more protective of these two valuable sources of economic vitality.

We believe the relationship with a local partner could be a particularly important factor in the decision.

We believe Shuffle Master can continue to grow earnings per share at 25 percent to 30 percent.

We believe Red Rock will redefine a new development and experience standard for both the locals and Las Vegas Strip markets.

Conversations with Strip operators indicate that business volumes over New Year's Eve in Las Vegas were up significantly year over year. Additionally, we believe expectations for the fourth quarter on the whole are low and operators could exceed them.

The bids lower than the $47 offer from Columbia indicate that operators believe licensing could pose a difficulty in that proposal.