Encore will merely cannibalize from Wynn just as the Palazzo cannibalized the Venetian. Poor Vegas, so many billions in developments at just the worst time. Hit the mother of all recessions so lets open a highroller joint. If you think about it, it is karmic justice: an industry based on fleecing suckers with bad bets finally gets a taste of the same thing: the casinos make a colossal bad bet by leveraging themselves to the moon in a race to open a bizzillion high-end rooms. What arrogance, gonna be a lot of ex-billionaires in that town. Vegas needs to get creative: I say bring them hoes out into the daytime: legalize them and weed, paint the town red and green. Instead of crowing about loose slots, the casinos could tout loose sluts. Smoking hoes and smoking blunts: fighting on all fronts, that's what I am talking about!