Within the minds of many individuals, the phrases "Las Vegas" and "pure magnificence" do not go collectively. The town's kaleidoscope of neon lights isn't precisely in earth tones. And beyond that, many of the constructions that make up the desert metropolis are mock-ups of someplace else -- the Eiffel Tower, the canals of Venice, the new York Metropolis skyline. It could actually all seem a bit unreal. And, let's face it, that ringing carnival sound of slot machines is not exactly like the chirping of birds.

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There’s nothing productive that comes from the Sands. Nothing. It’s just a money change. People lose it, different folks win it. And the man trucks it over to Vegas. It goes on the categorical train. So the reality of it all is it’s not producing anything. There’s nothing to be proud of.

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Nonetheless, what's taking place in China might send a warning signal. On-line commerce giants Alibaba (BABA) and JD.com (JD), which each report earnings this week, each posted report gross sales from their Singles Day procuring extravaganza throughout the first eleven days of November. However the tempo of progress was much slower than in previous years.