Thanks for laying this out clearly. How often do you think this occurs, and do you have any feel as to whether it occurs more frequently for a particular corporate company, or how often at low/middle/high end locations?

Are you aware of any legal or corporate culture differences between LV and AC?

And finally, would any of these arguments have any merit if it's Indian gaming? (I think not but want to hear your opinion).

My initial take: this happened much more often 20 years ago. And Indian gaming pulls this stuff frequently, with more-or-less impunity.