Satre speaks on the reality of the gambling industry. He calls gambling both pure Americana and, where legal, no different than any other major organization in the country. Including legal gambling with illegal gaming and state lotteries, Satre calls gambling the fastest growing industry of the country. On legal gaming, he says it is booming at the moment driven by both the common man and elected officials. Speaking generally favorably of state lotteries, he feels they expand the public's appetite for regular legal gambling, although he finds it ironic that the religious southern states are considering instituting state lotteries.

Recounting the history of gambling in America through the gold rush, prohibition, and beyond, he notes the popularity and legality of gambling has varied over the years. He details the rise of Harrah's, from Bill Harrah to the merger with the Holiday Corporation, in the process using it as the model for current look of casinos.

He concludes looking to the future. He believes the casinos will eventually revitalize Atlantic City, but that it will take time. He points to The Mirage, Trump Taj Mahal, and Excalibur as examples of gambling's future. The graying of America is the greening of gambling's tables in his predictions. Further, he points out gambling has existed for centuries and the desire to gamble will remain.

The question and answer session touches on a variety of topics.

In regards to the operations at Harrah’s, he details what Harrah’s is doing for those with gambling problems. The decrease in smoking and alcohol consumption are not impacting the desire to gamble at his casinos. He gambles, but not at his or a competitor’s casinos.

On the industry in general, he credits regulators for keeping organized crime out of gaming. He comments on card counting in blackjack. Citing lower odds than casino gambling, he speaks poorly of the California state lottery, noting they are a competitor in the process.

In regards to revitalizing cities, Satre believes casinos should be good corporate citizens in the sense of providing good jobs at fair wages and reasonably good working conditions. Whether it is a reasonable means of revitalizing a city is dependent upon the situation. Atlantic City on paper was the ideal place to try casino revitalization as there were no industries to compete with and that any negative impact of gambling would not be much more on top of the previously wide-spread unemployment and poverty.