it is my job to tell you who has credibility, and steve wynn has credibility. the last time he made these other promises you got a huge gain. he does not say things idly. in the last quarter macau made up more than half of wynn's revenues, 60% of its profit earnings before interest, taxes, depreciation, amortization. macau is basically bigger than the u.s. for this company growing at a much larger clip. and these numbers are from a quarter where macau revenues were down 25% because the chinese government tightened visa restrictions on mainland china. that's right. so it was under a difficult situation. all right. then you have to say why is macau so great, why don't i think plain old wynn is the way to do it, why not just jump on the hot hong kong ipo? because buying wynn let's you play it with less risk. remember we're already up 70% in anticipation of steel. and i don't think it's unreasonable to see more gains ahead. it's all about unlocking value. currently, win's race to acquire at the current share price is $11.6 billion. but the street thinks the macau p