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WEDNESDAY, NOVEMBER 25, 2009
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The Gamble for Casinos

Started by S Goldstein; Last updated by D Lim

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The Gamble for Casinos

Private equity firms are wagering they can win big in the gaming industry. But will the chips fall their way?

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  • May 2007

    • Kerkorian Bets on Bellagio

      SmartMoney  |  May 22, 07 2:54 PM CDT

      Kerkorian Bets on Bellagio

      (Newser) - Activist investor Kirk Kerkorian, who holds a controlling interest in MGM Mirage, is making a play to buy two of the casino company's crown jewels. Kerkorian's company, Tracinda Corp., is in talks to acquire MGM's Bellagio Casino and the $7.4 billion CityCenter development, currently under construction. Kerkorian currently owns 56% of MGM Mirage. More »

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Visitors try the roulette king during a
Visitors try the roulette king during a   (Getty Images)
The Bellagio's nightly water show in Las Vegas, Nevada.
The Bellagio's nightly water show in Las Vegas, Nevada.   (KRT Photos)
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