MGM Admits Troubles Ahead

http://biz.yahoo.com/ap/080414/mgm_mirage_layoffs.html

"Budget-tight guests have shown a tendency to spend less in all major segments of the business, Feldman said.
"Instead of four days, people stay for three. Instead of a five-star experience, they are going for four stars. Instead of two shows, they're going to one," he said. "There certainly is the possibility that there are people who are also making a decision to gamble less."