Tuesday, March 5, 2013

news.casinolife

news.casinolife


Boyd Gaming sells Echelon to Genting for $350 million

Posted: 04 Mar 2013 11:04 AM PST

Genting Group says it is acquiring Echelon, an unfinished Las Vegas Strip project, from Boyd Gaming Corp. Genting plans a Resorts World complex for the site. “This is a game changer. … People were expecting a big new casino in Las Vegas was still three to five years away,” said Jeremy Aguero, a Las Vegas economist and consultant. Wall Street Journal http://online.wsj.com