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..., making its dramatic entry into the Las Vegas market....
...Concerns over how the attack – the deadliest mass shooting in US history – will affect the tourism trade to Las Vegas also weighed on rival casino and resort operators....
...Gamblers could rack up points by betting at Caesars’ small-time casinos in Illinois or Mississippi, then use those points at glitzier resorts in Las Vegas or Atlantic City....
...as well as its investment in the Alon development site in Las Vegas, its 20 per cent holding in restaurant chain Nobu, its 50 per cent holding in Aspers casino and its investment in Caesars....
...The group’s hotels and casinos, including the flagship Caesars Palace in Las Vegas, never saw their business fully recover....
...Take Las Vegas Sands, the biggest by market capitalisation. It makes about 25 per cent operating margins on its Vegas Venetian casino, but margins of a third on the Macau namesake....
...It is also making progress in obtaining a licence from the Nevada Gaming Commission to become an interactive gaming service provider, and has signed a deal with Las Vegas resort operator Treasure Island...
...Wynn Resorts and Las Vegas Sands slid to their fifth consecutive sessions of losses, and Melco Crown Entertainment its fourth in five, as investors fretted that a potential slowdown in the Chinese economy...
...Operators including MGM Mirage have postponed development projects, while conference business in Las Vegas, a cornerstone of the city’s revenues, has sharply declined....
...When asked, in an interview with the Financial Times, if Lehman’s then $7.2bn in equity was sufficient for an investment bank, he responded with a story about playing blackjack in Las Vegas three decades...
...Las Vegas Sands and Wynn Resorts entered the territory with casinos in 2004 and 2006 respectively....
...He is also planning to buy a 19.6 per cent stake in Fontaine-bleau Resorts LLC for $250m, gaining his first holding in a Las Vegas casino development....
...It still sells… Las Vegas, once the playground of the Rat Pack, has never been a bastion of political correctness....
...Its holdings include several US casinos, such as the Las Vegas Hilton, and this year it invested $1bn in France's Accor, the world's largest hotel group....
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