Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. So we decided to cut through that and make a direct partnership with the research hospital so that our employees would have the ability to get tested. And we actually closed our resorts in Las Vegas in advance of the state declaration to close. And you also mentioned, Matt, testing in Vegas, what about -- are you testing your employees in Macau as well? (Operator Instructions) This call is being recorded. And everyone there is really excited to see the progress that's going on. A brief question-and-answer session will follow the formal presentation. And with the subsequent implementation of additional public health measures, quarantines and border closures, this rate in April was approximately $2 million per day. We remain focused on cost discipline in Las Vegas with our opex per day, excluding gaming taxes and excluding the reversal of those performance-based incentive accruals decreasing to $1.8 million per day in Q3 2020 from $3 million per day in Q4, 2019. However, Ackman followed up his 58% NAV gain in 2019 with another big year in 2020.Related Link: Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their PortfoliosAckman's Huge Year: Ackman boosted his 2020 returns with a spectacular $27-million short bet on corporate bonds back in March that ultimately netted him a $2.6-billion profit in what some have called one of the greatest trades in history.Ackman also made headlines this year by raising $4 billion to launch his Pershing Square Tontine Holdings Ltd (NYSE: PSTH) SPAC, which is now the largest SPAC in the market.At the time of the IPO in July, Ackman said the SPAC planned to take about six months to identify a target and announce a deal in the first quarter of 2021.Even after Pershing Square's big run in 2020, the stock still trades at a significant discount to NAV. ZoomInfo is part of this group; the company’s services include digital marketing intelligence, account and data management, demand generation, and lead prospecting. Moving to Boston. It's been up to three and four nights over the last six weeks. GE's turnaround is winning over more believers on Wall Street, and the Boeing 737 Max has returned to service soon. No. So with that, I think I'll go ahead and open it up to Craig to talk a little bit more about the quarter. Just kind of what kind of impact do you think the curfew might have on the property? Your line is open. We are focused on making sure we have the highest room rates in the market. 3 “Strong Buy” Stocks From the Best Analysts on Wall Street, Here’s why the Georgia runoff elections for the U.S. Senate could turn into a ‘big deal’ for markets, 2.18% FIXED Mortgage Refi, No Hidden Fees/Points, NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order, These are the 20 worst-performing S&P 500 stocks of 2020 — analysts see double-digit rebounds for five of them in 2021. In Massachusetts, they have formed a task force at the state level, and I want to commend both Governor Sisolak and Governor Baker for early, fast action and for their tireless work on this effort. With that, I'd like to turn it over to Craig to talk about some of our financial results. How much do you guys think about the presence more or less of the 5- to 10-year view that Beijing, Macau will take, as it pertains to the second -- as it pertains to the concession renewal process and the importance of the capital spending, clearly, you guys have the Crystal Pavilion and whatnot. We seeded the business with $80 million, and we'll deploy marketing spend at scale as long as it continues driving the appropriate customer lifetime value. We have set benchmarks for ICU capacity with our medical community as well as ventilator capacity that you need the ability to achieve a 2x surge in COVID patients in your ICU without needing crisis care to begin a phased approach to opening as well as test positivity rate. And maybe for a follow-up, just on Las Vegas, can you give any color on what you're seeing or feeling more of what you're anticipating in terms of international demand and/or group meaning convention demand recovering? Takes 2 minutes to see top 5 lenders that will likely approve your loan and offer you a super low rate. Thanks for taking my question, everyone. Good afternoon, everyone. “Current methods are labor and time intensive, and therefore costly. With that, we will now open up the call to Q&A. And we've been really focused on making sure that we build this business correctly that we own the vast majority of it. Thank you so much. So we would have access to the bond market at WML. And now we really appreciate the fact that it's about safety first. I think the May holiday has given people a lot of encouragement. You can create your customized portfolio podcast by signing up, get earnings webcast and EPS alerts. Check out 25 stocks in buy zones. -------------------------------------------------------------------------------- Matthew Ode Maddox, Wynn Resorts, Limited - CEO & Director [34] -------------------------------------------------------------------------------- Yes. DOCU is up 205%, more than tripling its value this year. But I would have seen that as we get into a more normalized environment, some of those costs will return. In the U.S., we had total available liquidity of approximately $1.2 billion on October 31 with substantially lower domestic daily cash burn as demand has started to return to each of our markets. So those trends that we saw in early October are continuing into November. So we view it as a temporary setback, but it's really nothing that we're worried about. But their medical community has handled it really as good as has been handled around the globe and should be commended. -------------------------------------------------------------------------------- Stephen White Grambling, Goldman Sachs Group Inc., Research Division - Equity Analyst [44] -------------------------------------------------------------------------------- Two questions. I believe it will continue to consolidate with some of the largest operators, and we will continue to participate in it. Thank you. -------------------------------------------------------------------------------- Ian Michael Coughlan, Wynn Resorts, Limited - President & Executive Director of Wynn Macau Limited [12] -------------------------------------------------------------------------------- Anecdotally, locally, the junkets are just like the rest of us, they're waiting for the borders to ease and to get back into business. June 4, 2020. I think that on the supply side, that in the early days, I don't think not a lot is going to reopen, in my opinion. So if you think about it, we went from a negative $40 million in August, which was normal, it was similar in July, etc. You may disconnect at this time. We're -- this was a -- just the University Medical Center and Wynn Las Vegas reaching that agreement. Your line is open. 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