Effect of The Recession On Macau Operations
In the first quarter of 2009, net revenues declined to $448.7 million compared $491.5 million in the first quarter of 2008. Gaming on the VIP tables declined drastically.
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Famous quotes containing the words effect of, effect and/or operations:
“Reckoned physiologically, everything ugly weakens and afflicts man. It recalls decay, danger, impotence; he actually suffers a loss of energy in its presence. The effect of the ugly can be measured with a dynamometer. Whenever man feels in any way depressed, he senses the proximity of something ugly. His feeling of power, his will to power, his courage, his pridethey decline with the ugly, they increase with the beautiful.”
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“As soon as I suspect a fine effect is being achieved by accident I lose interest. I am not interested ... in unskilled labor.... The scientific actor is an even worker. Any one may achieve on some rare occasion an outburst of genuine feeling, a gesture of imperishable beauty, a ringing accent of truth; but your scientific actor knows how he did it. He can repeat it again and again and again. He can be depended on.”
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“It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
—Henry David Thoreau (18171862)