I write with sad news this morning. B&B Ristorante, Otto, and CarneVino in Las Vegas will close on July 27. These restaurants have continued to succeed, and they are a tribute to every one of you who works in them and brings great dining experiences to our guests. Unfortunately, our partner in these restaurants, Las Vegas Sands Corp., has decided to end our relationship. 1 will be coming by the restaurants today to talk with you and walk through how the next two months will work. | know this is sudden and difficult, and | will explain how we will help with your transition to new positions — we want it to be as smooth as possible. You are all dedicated professionals who deliver night in and night out for our guests, you are part of our family, and we will all feel your loss. It is because of the amazing dining experiences you bring our guests that | am committed to continuing our presence in Las Vegas. | am beginning to explore options, but it will take some time to execute them. Unfortunately, | won't be able to do that in the next 60 days. Thank you for everything you have done for the restaurants and our guests. You should feel only pride in everything you have accomplished. | am certainly proud of you. Bastianich