THIS IS GOING TO BE GOOD

摘要

Southland Industries CEO Ted Lynch pointed out a project to us that is as emblematic of what's going on this year as anything. When the economy crashed in 2008, few towns suffered as much as Las Vegas. Vegas had quite a few abandoned projects rusting, including Boyd Gaming's Echelon resort. But now Malaysia-based Genting Group has purchased the 87-acre site on the Strip and is developing Resorts World Las Vegas. Various sizes have been attributed to the project — the Las Vegas Review Journal said 3,500 rooms and Forbes said 6,000 rooms — and the price tag could be anywhere from $2 billion to $7 billion.