The gaming business is going through a wave of new develop-ment, joint ventures and consoli-dation that is attracting investors' attention. Just as this story went to press, Starwood Hotels & Resorts responded to rumors con-firming discussions were in progress to sell its gaming busi-ness with Hilton Hotels Corp. spinoff Park Place Entertainment Corp. rumored as the potential suitor. Driven by increased competition, gaming hotspots have been redefining themselves as all-around entertainment destinations, competing with such traditional vacation cities as Orlando and Phoenix. Las Vegas-based companies such as Mirage Resorts Inc., Circus Circus Enterprises Inc. and Park Place Entertainment Corp. have been opening 1-3,000-room mega-resorts with high-level entertainment, family attractions and retail stores. This has created new opportunities for hotel projects while facilitating access to financing and spreading risk, analysts say.
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机译：游戏业务正在经历一波新发展，合资企业和合并的浪潮，吸引了投资者的注意。就在这个故事付印之际，喜达屋酒店及度假村集团（Starwood Hotels＆Resorts）回应了谣言，确认讨论正在进行中，以与希尔顿酒店集团分拆的公园广场娱乐公司（Park Place Entertainment Corp.）出售其游戏业务为谣言。在竞争加剧的推动下，游戏热点已经重新定义为全方位娱乐场所，与奥兰多和凤凰城等传统度假城市竞争。拉斯维加斯的公司，例如Mirage Resorts Inc.，Circus Circus Enterprises Inc.和Park Place Entertainment Corp.，已经开设了拥有高级娱乐，家庭娱乐和零售商店的1-3,000间客房的大型度假村。分析师说，这为酒店项目创造了新的机会，同时也为获得融资和分散风险提供了便利。
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