Just read my Mandalay Bay annual report today and they are expecting LV casinos to do better this year since most of the construction has been completed. This allows them to keep all of the free cash generated and that is expected to be helped by increasing room rates. They are talking about averages rates like $95 per night at Luxor which will generate over $100 million is cash. It looks like they all stopped building just in time to avoid killing the golden goose.