John DeCree

are these going to be kind of fixed cost people coming online more staff and will happen regardless of which way revenue goes

are you seeing comparable levels of property visitation from that customer? And is there anything you guys have tried to do to stimulate higher spend

curious what you're seeing around the globe, if there's anything particularly interesting right now. And I guess I specifically asked about Japan

curious if you could give us some thoughts on what you're seeing in the retail mall, particularly on the luxury side of things

curious your views if there's an opportunity and what can be done to kind of help Macao start to penetrate deeper into Mainland and see some of that visitation outside of Guangdong and come back

how much do you kind of subscribe to that consumer theory? And do you look at this as like a zero sum equation

Did you provide any thoughts on bookings or kind of ADR pace for 2027?

Revenue growth in the quarter was really strong, a little bit more than we thought. I mean is that a comparison to the heavy marketing in Brazil last year?

Can you talk a little bit about your casino room night mix or what you might attribute some of the resilient or better gaming volumes to in spite of lower occupancy on the Strip?

can you elaborate on some of the things that you might be able to do, the city is doing as a whole to kind of help get that customer kind of stabilized throughout 2026?

How should we think about MGM's kind of return hurdles for investment going forward with New York didn't quite pencil out?

Bill, I know you gave some prepared remarks, but curious if you could elaborate. Was it just investment sizing, you put out a press release, but anything else you could kind of tell us there?

curious if you have opinions on what's driving that acceleration market-wide

Can you update us on the dividend policy at MGM China

how should we think about your approach to balance sheet management and repurchasing as that CapEx steps up a little bit?

curious if you could give us any insight as to what you're seeing really since the beginning of the month when the tariffs went to effect

curious on your thoughts if there's things that you might do differently this year for 2025 and ways to kind of keep improving and calibrating the approach to F1

how you're feeling rooms? And just kind of looking to see how sustainable those slot growth trends might be?

I am curious if you find private companies that you work with being more willing, open, or flexible

Curious if you thought about other pools of capital or sourcing debt capital, international financing sources

is there anything you'd attribute that kind of success in increased activity?

how are you thinking about New York development opportunities and your appetite to get involved in financing in whole or part

can you see that being replicated anywhere

the regional gaming markets have seen a nice uptick lately, and we're hearing that as well

The amount of volume and capital that your tenants are investing in your assets is kind of unique to the gaming industry

curious if you have any thoughts as to what else is kind of influencing, like I said, I would say, the lack of M&A in the space

would you go overseas? Kind of in an investment or lending capacity

So how are you kind of thinking about the demand pockets and customer segmentation when you open.

has anything changed in terms of strategy or pacing on those fronts?

does that help at all in terms of pushing rate, or would you say your business is still just kind of different focus from that?

is it really just a higher price? Anything you could say about gaming volumes and F&B revenues being up despite a little bit of lower occupancy in the hotel?

have you seen any pushback on pricing? You obviously had a great quarter in holding rate, but curious if you've seen any change.

is there more upside as visitation recovers for you in Las Vegas?

is there anything else around that you guys are kicking the tires on that looks interesting at the moment

What have you seen on property spend for the customers that are still coming in?

I'm curious, Craig, if you'd look at Japan again and under kind of what pretense that might be interesting for you.

do you see any risk in global construction costs at the UAE?

was that F1 customer kind of stable? Did the F1 customer play more slots, or was it kind of strong slot volumes across the whole quarter

what are kind of major milestones we should think about between now and and early 2027?