My name is Sandy Dobritch. I am based in Las Vegas and for the past 48 years, my Company, SANDY DOBRITCH ENTERPRISES, has been and continues to provide first class live entertainment world -wide. Including the long running (32 years) and still sold out dinner/jousting show called TOURNAMENT OF KINGS in the 1000 seat arena at the Excalibur Hotel in Las Vegas. In those 32 years, 22 million Las Vegas visitors saw my show. According to the Las Vegas Visitors Bureau the average length of stay in Las Vegas is four days – and the average amount of money they spent in those four days is $900.00 each, Multiply the 22 million people by the $900.00 each visitor spends in those four days – you get about $18 BILLION spent. No other entertainment enterprise can make that statement.
The land that the Excalibur sits on is owned by VICI. The Excalibur is operated by MGM Resorts. The strategy is interesting. And I believe one benefit for VICI and any other REIT or third party investors do not have to pay federal income tax. People have mixed views on this. I have lived here for 48 years and I can tell you it is all getting better. More visitors…more money for Vegas.
Sandy Dobritch. President
SANDY DOBRITCH ENTERPRISES
Las Vegas, NV
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