It’s rare to see the chief executive of a major company admit any kind of wrongdoing, but when Harrah’s CEO Gary Loveman looks back at his 2006 decision to pass on bidding for a Macau gambling concession, he’s a big enough man to admit: “Big mistake. I was wrong, I was really wrong.” The lengthy article linked below contains a lot more interesting quotes, such as Loveman’s claim that Vegas casino execs aren’t “intellectually curious about anything” and why he’d prefer to have most of his casino clientele wearing adult diapers. Read more.
Harrah’s Gary Loveman says spurning Macau worst decision he ever made
