Advisory Board: Governor Kenny Guinn, Chairman; U. S. Senators Harry Reid and John Ensign, Vice Chairmen; U. S. Representatives James Gibbons and Shelley Berkley, and Las Vegas Mayor Oscar Goodman, Executive Directors.
U. S. Secretary of Labor Elaine Chao
Chairperson
Dr. Tony T. Lei
President
District Judges Mark R. Denton and Valorie J. Vega
Vice Presidents
Dr. William N. Thompson
Director of Public Administration Institution
Dr. E. Lee Bernick and Dr. G. Keong Leong
Deans of Graduate School of Business and Public Administration
Dr. Sue Fawn Chung
Director of Culture Institution
Justice of the Supreme Court William Maupin, Attorney General Brian Sandoval, and District Judge Stewart Bell, Honorary Chairmen of Clark County District Attorney and Police Civil Commission (CCDAPCC)
District Attorney David Roger and Clark County Sheriff Bill Young
Chairmen of CCDAPCC
(702) 255-9058
*It's our pleasure to pay a tribute to the above officials who dedicate to the civic and community service aspects of our organization in an honorary or adjunct capacity.

-------------------------------------
ECONOMIC DIVERSIFICATION EFFORT IN ELY
By Kenny Guinn*1

The resources and financial stability of our state・s rural areas play an important role in Nevada・s overall economic health. It is imperative that our rural economies continue to expand and diversify in new and exciting ways. I wanted to share with you what is happening in Ely. The actions of the residents in that eastern Nevada town can serve as an example of what can happen when a community assesses its strengths and then uses those positive attributes in a plan for a prosperous future.*2

Recently, a $1,000 donation was made to the White Pine High School student council to show support for the White Pine Community Owned Mercantile Project Inc. Student Council President Christine Chachas and President-elect Terrill Trask accepted the check, which will be used to purchase two shares of stock in the Community Owned Store. As a stockholder, White Pine High School・s student council will participate with other shareholders in guiding the activities of the Community Owned Store from its beginning. I feel strongly that our youth should participate in local endeavors, such as the Community Owned Store, which will benefit all of White Pine County.

The Community Owned Store is a unique project that promises to provide an economic stimulus to White Pine County. As many of you are aware, the Community Owned Store is slated to replace the J.C. Penney store that will close this July following 75 years of operation in White Pine County. Before the Community Owned Store can open, a $400,000 fundraising goal must be met. So far, more than $140,000 has been raised.

The Community Owned Store is a forward-thinking business venture initiated by the citizens of White Pine County to meet a critical need. The Community Owned Store will not only fill a gap in the region・s business climate, it will also augment the local economy. Because of the development of the Community Owned Store, residents will not have to travel 150 miles for their essential goods. Buying locally has other benefits as well: encouragement of entrepreneurial business development, retention of individual businesses, and growth of regional economic development infrastructure, just to name a few.

It is encouraging to see that White Pine County residents are recognizing the value of a reasoned and broad economic strategy. Regional tourism efforts, coupled with grassroots endeavors like the Community Owned Store, are prime examples of local involvement. I believe that this year・s White Pine High School student council will be the first of many that will participate in the evolution of projects that will promote White Pine County・s economy and benefit its citizens for years to come.*3

---------------------------------
References

*1. Dr. Kenny C. Guinn is the Governor of Nevada, U. S. A..
*2. Ofiice of the Governor. 'A Message from Governor Kenny C. Guinn --- ECONOMIC DIVERSIFICATION EFFORT IN ELY ,' " An e-mail from the Office of Governor Kenny Guinn to Dr. Tony Lei," (May 20, 2004), Carson City, Nevada: Office of Governor Kenny C. Guinn.
*3. Ibid.

***About the Author:

Kenny Guinn, 67, earned undergraduate and graduate degrees in Physical Education from Fresno State University and later obtained a doctorate in Education from Utah State University in Logan. He was named Superintendent of Schools in Clark County and served with distinction in that position until 1978.

In his work for the Clark County School District, Guinn was recognized as an effective administrator committed to educational excellence at a time when the county was experiencing exponential student growth. His service to Clark County students was honored when Kenny C. Guinn Junior High School was named for him.

In 1978, Guinn began applying his management skills in business as Administrative Vice President for Nevada Savings and Loan in Las Vegas, which later became PriMerit Bank. At PriMerit, he was appointed as Chairman of the Board of Directors of the Las Vegas-based bank. Soon thereafter, Guinn was recruited to the energy business as the President of Southwest Gas Corporation and eventually became Chairman of the Board of Directors of that utility in 1993.

In 1994, Guinn was recruited by the University of Nevada Board of Regents to serve as interim president of the University of Nevada-Las Vegas.

In addition to his one-year term at UNLV, Guinn served the state in leadership roles on a variety of committees and commissions, including the Clark County Community College Advisory Committee, the UNLV Foundation Board of Trustees, the White House Conference on Children and Youth, among others.

Guinn has also worked in his community in a variety of volunteer roles, ranging from involvement in the Boy Scouts and Pop Warner Football to the United Way of Southern Nevada and the Southern Nevada Independent Youth Athletic Association.

Dr. Kenny Guinn is now the Governor of Nevada, U. S. A. at his second term.

Advisory Board: Governor Kenny Guinn, Chairman; U. S. Senators Harry Reid and John Ensign, Vice Chairmen; U. S. Representatives James Gibbons and Shelley Berkley, and Las Vegas Mayor Oscar Goodman, Executive Directors.
U. S. Secretary of Labor Elaine Chao
Chairperson
Dr. Tony T. Lei
President
District Judges Mark R. Denton and Valorie J. Vega
Vice Presidents
Dr. William N. Thompson
Director of Public Administration Institution
Dr. E. Lee Bernick and Dr. G. Keong Leong
Deans of Graduate School of Business and Public Administration
Dr. Sue Fawn Chung
Director of Culture Institution
Justice of the Supreme Court William Maupin, Attorney General Brian Sandoval, and District Judge Stewart Bell, Honorary Chairmen of Clark County District Attorney and Police Civil Commission (CCDAPCC)
District Attorney David Roger and Clark County Sheriff Bill Young
Chairmen of CCDAPCC
(702) 255-9058
*It's our pleasure to pay a tribute to the above officials who dedicate to the civic and community service aspects of our organization in an honorary or adjunct capacity.

-------------------------------------
Las Vegas casino interests open new era in Macau, China
By Rod Smith and GSBPA of WBTI*1

Nevada Governor Kenny Guinn expresses that he can not overemphasize the significance and importance of bringing attention to all the attractions to Nevada at a time when it faces unprecedented competition for gaming customers. He believes that we are wise to expand our marketing efforts and focus on developing markets in places such as Asia.*2

In order to help develop the great market in Asia for our tourism and gaming industry, we are pleased to post, through the courtesy of Las Vegas Review-Journal, the most recent and good news of Nevada's successful entrepreneurship in Macau, China as in the following:

Wednesday, May 19, 2004
Copyright @ Las Vegas Review-Journal

LV casino interests open new era in Macau
--- Overflow crowd greets new Sands property on opening day*3

By ROD SMITH
GAMING WIRE

***Sheldon Adelson
Plans gaming destination resort complex on Cotai Strip (Please check it with LVRJ.)

***A photographer takes pictures inside the $240 million Las Vegas Sands casino and entertainment complex that opened in Macau.
Photo by THE ASSOCIATED PRESS (Please check it with LVRJ.)

***Overflow crowd greets new Sands property on opening day Photo by THE ASSOCIATED PRESS (Please check it with LVRJ.)

An estimated 50,000 gamblers and curiosity seekers Monday helped Sheldon Adelson open Macau to "an exciting new era" for U.S. investments in China's multibillion-dollar gaming market.*4

It took just minutes for an overflow crowd of about 30,000 to rush in and pack Adelson's Sands Macau casino after it opened its doors for the first time Monday night.

The $240 million, 1-million-square-foot Sands Macau casino and entertainment complex is the first of several U.S.-owned-and-operated casino projects planned to open in the Chinese enclave over the next several years.

In addition to the Sands Macau, Adelson, who owns The Venetian's holding company, Las Vegas Sands, plans to develop a $10 billion gaming destination resort complex on Macau's Cotai Strip.

Industry sources are calling the opening of Macau to U.S. gaming companies the most significant event for the Las Vegas operators in 25 years because of the size of the potential market.

Las Vegas Sands President Bill Weidner said Macau is the most opportune developing gaming environment his company has ever seen. Macau's casinos raked in an estimated $3.6 billion last year, and could bring in nearly $5 billion this year, he said. That would surpass the revenue from Atlantic City's casinos and rival those from Las Vegas' casinos.

More than 1 billion people live within an easy plane flight of Macau, he said, and the World Travel Organization estimates that China will grant 100 million worldwide travel visas in 2020, up from 10 million in 2002.

"We believe we can help bring a major portion of those (travelers) to Las Vegas," Weidner said.

As many as 80 percent, especially high-end players, will have the resources to visit Las Vegas if the bait set in Macau is tantalizing enough, he said.

Deutsche Bank analyst Andrew Zarnett said Macau represents a great opportunity for Las Vegas Sands because it is the greatest untapped market today and because Asians love to gamble.

"Added to that, it's a great cross-marketing opportunity to entice Asians to The Venetian (in Las Vegas), not just high rollers, but a lot of midmarket players, too," Zarnett said. "That creates opportunities to bring those players to Las Vegas."

Ron Reese, spokesman for Las Vegas Sands, said lines before Monday's opening stretched from the new casino's front doors to the ferry terminal, a distance equivalent to the Strip from The Venetian's porte cochere to the Bellagio.

No reports on the actual volume of play in the casino were available late Tuesday, although one Las Vegas gaming source said an estimated 50,000 people visited the Sands Macau during its first day of operation.

Industry sources in Las Vegas and Asian media also described near-riot conditions as security agents tried to control the unexpected crowd, tempted in part by incorrect reports that players would get free casino chips.

Industry experts said the potential for Macau, which is just off the Chinese mainland, surpasses even the recent performance of the China economy, which grew at an average rate of 14 percent over the past decade.

Some estimate China's gaming market could soon amount to hundreds of billions of dollars, compared with the U.S. market, which was just less than $70 billion in gaming revenues in 2002.

Adelson was one of two U.S. operators, along with Las Vegas developer Steve Wynn, who were awarded gaming concessions by China authorities two years ago, ending Macau casino magnate Stanley Ho's nearly 50-year monopoly on the former Portuguese colony's gambling market.

"It's fortunate we own the concession. It's our vision to develop a (Las Vegas-style) Strip," Adelson said.

The top management at The Venetian said the key to the development, and its real value, lies in the allure it will create for Las Vegas and the added visitors it will bring here.

Weidner said the Macau development in the long run will both breed new customers for Las Vegas and help China compete for visitors with other destinations in Asia.

"Our vision was to literally build a version of the Las Vegas Strip on the doorstep to China," he said.

Adelson's new resort is just the first phase of a planned project to turn a 700-acre strip of reclaimed land in the Special Administrative Region into a huge resort complex of several hotels and casinos that will be patterned after the Strip. His plans include working with at least five other hotel developers who will build and operate about 20 hotels, while his company will build and operate accompanying casinos and showrooms, including one that will be a replica of The Venetian.

It took 4,000 construction workers to build the Sands Macau, and ultimately the Cotai Strip will employee 150,000 workers, almost doubling the total work force of Macau, Las Vegas Sands Executive Vice President Brad Stone said.

"We're creating whole new industries: laundry, produce, meat," he said. "It's a huge undertaking for a relatively small community."

Weidner said the business models for the developments in Macau differ somewhat.

The Sands Macau was developed to serve today's visitors to Macau, which Weidner likened to downtown Las Vegas or Reno, and feed customers into The Venetian, which already gets 42 percent of its qualified table play from Asia.

"The Cotai Strip will be developed around tomorrow's Macau. It'll look more like Las Vegas with more guests staying over several nights. We see it developing more like the Strip," he said.

The business plan for The Venetian in Macau, part of the first phase of the Cotai Strip, will be similar to the business plan for The Venetian, Weidner said,.

"Demand in Macau is weekend and holidays. It's midweek that Macau can use demand help (with), so we'll develop convention and meeting rooms in order to bolster visitation and occupancy to the Cotai Strip," he said.*5

-----------------------------------------
References

*1. GSBPA of WBTI is the initials of the Graduate School of Business and Public Administration (GSBPA) of Washington Business and Technology Institute (WBTI).
*2. GSBPA of WBTI. 'Freedom, Democracy, Judicial ruling, and Entrepreneurship,' "PPAA18 of WBTI," (May 5, 2004), Las Vegas, Nevada: WBTI website.
*3. LVRJ. 'LV casino interests open new era in Macau --- Overflow crowd greets new Sands property on opening day,' "Las Vegas Review-Journal," (May 19, 2004), Las Vegas, Nevada: reviewjournal.com.
*4. Ibid.
*5. Ibid.

Advisory Board: Governor Kenny Guinn, Chairman; U. S. Senators Harry Reid and John Ensign, Vice Chairmen; U. S. Representatives James Gibbons and Shelley Berkley, and Las Vegas Mayor Oscar Goodman, Executive Directors.
U. S. Secretary of Labor Elaine Chao
Chairperson
Dr. Tony T. Lei
President
District Judges Mark R. Denton and Valorie J. Vega
Vice Presidents
Dr. William N. Thompson
Director of Public Administration Institution
Dr. E. Lee Bernick and Dr. G. Keong Leong
Deans of Graduate School of Business and Public Administration
Dr. Sue Fawn Chung
Director of Culture Institution
Justice of the Supreme Court William Maupin, Attorney General Brian Sandoval, and District Judge Stewart Bell, Honorary Chairmen of Clark County District Attorney and Police Civil Commission (CCDAPCC)
District Attorney David Roger and Clark County Sheriff Bill Young
Chairmen of CCDAPCC
(702) 255-9058
*It's our pleasure to pay a tribute to the above officials who dedicate to the civic and community service aspects of our organization in an honorary or adjunct capacity.

--------------------------------------
A good dinner party with Dean Dr. Linda Livingstone of Pepperdine University's Graziadio School of Business and Management in Las Vegas!
By GSBPA of WBTI*1

Welcome! Welcome our Dean Dr. Linda Livinstone of Pepperdine University's Graziadio School of Business and Management to Las Vegas!

Dear friends, let's share the following golden words of wisdom with our faculty members please:

"A (woman or a) man finds joy in giving an apt reply --- and how good is a timely word!" --- Proverbs 15 : 23 of the Bible
"The reward for work done is the opportunity to do more." --- Jonas Salk, MD
"Freedom is the oxygen of the soul." --- Moshe Dayan
"With sincere love, it's like living in Heaven. On the other hand, with cruel hate, it's like living in Hell. Fighting and malice for selfish gain belong to Hell. Cooperation and encouragement to promote quality of life are attitudes of Heaven." --- Dr. Tony T. Lei
"Do to others as you would have them do to you." --- Luke 6 : 31 of the Bible
"The great Winston Churchill said, 'We all make a living by what we get, but we make a life by what we give.' Tony, I know that you like to exemplify this inspiration same as it's my driving force by which I start out each day." --- Judge Natalie L. Tyrrell of Nevada

Dr. Linda Livingstone, Dean of Pepperdine University's Graziadio School of Business and Management, invited several selected and achieved alumni to dinner with her at the Pietro's Gourmet Restaurant of Tropicana Hotel and Casino in Las Vegas, Nevada on May 14, 2004.

"Dear Dr. Tony Lei: This message will confirm your attendance for dinner with Dr. Linda Livingstone, Dean of Pepperdine University's Graziadio School of Business and Management. If you have arranged with me to bring a guest, your guest (Judge Mark Denton, District Judge of Nevada) is confirmed as well. Thank you and enjoy the dinner. Sincerely," wrote Pamela Bellew, Director, Advancement and Alumni Relations.

The presented individuals as guests were Dr. Tony Lei, Mr. Hector Mon, Dr. Wanda M. Costen, Mr. David Donovan, Mr. Douglas W. Hensley, Mr. Michael Jabara, and Judge Mark Denton.

Dr. Tony Tung-tien Lei received MBA with straight A from Pepperdine University in 1969. He received his Doctor of Education degree in Institutional Management from Pepperdine University in 1990. He was an Assoiciate Professor of Information Management of the Graduate School of Business Administration of National Chunghsin University and a Fellow of Management for Dean Dr. Donald R. Sime of the School of Business and Management of Pepperdine University.

Ms. Helen Hsueh and Mr. Robert Song were invited by Dr. Tony Lei as our representative and photographer for the Chinese multimedia. Helen Hsueh is the President of Las Vegas Chinese Daily News, while Robert Song is the President of Pan-America Legal Services Company. "It's good to have more people joining us as friends of our Pepperdine family," said Dean Livingstone at the Dinner Party.

"It was a pleasure having you join us at our dinner. Thanks to for sending the pictures. They are great," wrote Dr. Livingstone to Robert Song, who sent out the pictures to all participants soon after the Dinner.

Pepperdine University is a very famous university. Its main campus at Malibu, California is the leading beauty of noted universities in the world.

"Pepperdine University has earned a reputation for its responsiveness to career-oriented professionals," said Dr. David Davenport, former President of the University.2* The Graziadio School of Business and Management has enjoined one of the highest reputation for Pepperdine University.*3 To educate executives and managers with innovative knowledge and modern technology is a core competency of the Graziadio School . "Indeed, this year has marked a number of significant benchmarks for the Graziadio School. This fall we welcomed the largest class of full-time M.B.A. students in our school's history," said Dr. Linda Livingstone. "In a time when many business schools have been challeged by decreasing student enrollment, this drasmatic increase --- up more than 305 from last year --- was both a testment to the quality of our curriculum as well as the hard work of our committed staff and faculty. This year's class boasts an average GMAT score of 636 and includes students from more than a dozen countries." *4

A distiguished group of professors is offering speeches and seminars to business owners and executives. Please join Dean Linda A. Livingstone for a special series on executive leadership hosted by the Graziadio School of Business and Management. You may learn what some of today's leading business authors have to say about effectively communicating vision and strategy, building and maintaining a company's reputation, leading an organization to greater success, and much more.

"One of the Graziadio School's core is its ability to successfully address the unique challenges of executive learning. This forum is an important part of an effort to extend Pepperdine's reputation and recognition in this arena. It provides an opportunity for world-class thought leaders in knowledge creation, knowledge dissemination, and knowledge utilization to come together in an informal setting to discuss the key challenges of executive learning and leadership development ," said Dr. Robert Fulner.*5

"Rapidly accelerating change is the critical challenge in virtually every industry today. The complexities of our world demand managers and workers with dramatically increased capavilities. The Graziadio School has been developing value-center leaders for more than a quater century. During that time, it has become the premier provider of quality business talent in California and the western United States." said Dr. Linda Livingstone*6

Pepperdine Pepperdine University MBA ranks first in 15 schools of California.*7

Recently, the Los Angeles Business Journal ranked and reported that Pepperdine University's Graziadio School of Business and Management was named "the pacesetter" in MBA education in Los Angeles County. The School retained top ranking ahead of USC's Marshall School of Business and The Anderson School at UCLA which placed second and third respectively.

As the market share leader in California, graduates of MBA annually from Graziadio School are more than any other school in the state. It is the sixth largest AACSB-accredited school in the United States. The success of this school should be credited to its fruitful efforts to delivering practical, results-oriented education that addresses the needs of working professionals and executives.

Dr. Livingstone received her B.S., M.B.A., and Ph.D. from Oklahoma State University. She assured her responsibilities as the Dean of the School on June 1, 2002.

Dr. Livingstone brought an international perspective to Pepperdine University. She helped develop and teach courses in an MBA program in Jinan, China. She expressed a keen interest in building additional bridges between Pepperdine MBA curriculum and the corporate world based on her prior experience in developing semester-long consulting projects with major companies for MBA students.

"Our Graziadio School is an outstanding business school with a national reputation. It is one of only a few schools across the country that has the potential to build a national and international reputation across all of its programs customized for executives, full-time, and fully employed students. And it is probably the only school with a faith-based mission committed to developing values-centered leaders that can accomplish this goal," said Dr. Livingstone.

At the time of Dr. Linvingstone's appointment, Dr. Tony Lei wished her endeavor to lead the Graziadio School into this millennium with academic excellence, practicality expertise, and spiritual values. A special program of MBA/PKE designed for presidents and key executives internationally is in ugent need for the cooperation of the Graziadio School and WBTI. "The spirit of both innovation and pioneers has motivated America to be a leading and prosperous country in the world. As an integrative academic program of the professional education directed to substantial gains in executive competence, modern technology, innovative knowledge, and spirit of entrepreneurship; an unique feature of one week workshop in Las Vegas for the cooperated MBA/PKE Program should be designed for the Chinese speaking business executives and owners of the international world mainly from China, Malaysia, Singapore, and Taiwan," said Dr. Tony Lei, President of Washington Business and Technology Institute.*8

Coordinated with the faculty members recently, Dr. Tony Lei has designed educational programs of the CPM and MBA/PKE with Dr. Keong Leong; the CMPA and MPA/SME with Dr. Lee Bernick; and the CEH with Dr. William Thompson for the GSBPA of WBTI.

"It's a great market in China for our MBA programs with WBTI's Graduate School of Business and Public Administration," talked Dean Livingstone with Dr. Tony Lei, who sat next to her during the Dinner Party at the Tropicana on May 14, 2004 in Las Vegas. "I'd like Dr. Terry Young go together with your Graduate School for the launching of our MBA programs. Dr. Young is in charge of the international management programs for our Graziadio School of Business and Management," she continued.

--------------------------------
References

*1. GSBPA of WBTI is the initials of the Graduate School of Business and Public Administration of Washington Business and Technology Institute (WBTI).
*2. Pepperdine University. 'Message from President David Davenport,' "1988-89 CATOLOG -- Graduate School of Education and Psychology, Pepperdine University," (1988), Malibu, California: Pepperdine
University.
*3. Benton, Andrew. 'Message from President Andrew Benton,' "Graziadio School Information and Facts," (2003), Malibu, California: The Graziadio Graduate of Business and Management, Pepperdine University.
*4. Valdovinos, Michele. 'Executive Learning Forum Bring Nation's Top Leaders to Pepperdine,' "Graziadio Business" Vol. 4, No. 1, Pepperdine University,( Summer 2001), p. 4..
*5. Livingstone, Linda. 'Dean's Message,' "Graziadio Business Connection," Vol.1, No.1, (2003), Malibu, California: The Grazidio School of Business and Management, Pepperdine University,
*6. The Graziadio School of Pepperdine University. 'Graziadio Alumni Events,' "An e-mail to Dr. Tony Tung-tien Lei, President of Washington Business and Technology Institute," (April 1, 2004), Malibu, California: Pepperdine University.
*7. Denton, Mark; Walsh, Jessie; and Chang, Tiffany. 'Pepperdine University MBA ranks first in 15 schools of California,' "WBTI Website by reviewjournal.com," (October 31, 2003), Las Vegas, Nevada: WBTI.
*8. Ibid.