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Thursday 10 November 2011

Las Vegas gets the casino blues

FORTUNE -- Casino developers in America's Sin City long thought they were playing with house money, but when the financial crisis hit, a slew of multibillion-dollar projects hit the skids. One casino executive estimates that at least $15 billion worth of projects have failed, been put on hold, or are struggling. The unused towers on the strip -- including the 68-story Fontainebleau, the tallest tower in the city -- paint a bleak picture for the nation's gambling capital. --Alex Konrad  
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