CityCenter isn’t just another real estate development in danger of flopping. It’s the largest privately funded construction project in the U.S. and could prove to be a barometer of the health of the overall economy. It’s also the ultimate test of a business model that has guided Sin City for decades: that building bigger and flashier resorts will bring ever more visitors and keep Vegas competitive with rival destinations. Even Murren, 47, predicts that “there won’t be another property built like this for a long time.
– The biggest bet in Las Vegas - Seasonal- msnbc.com
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POSTED Friday December 18th
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