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And rolling the dice. What may be the biggest bet ever for Las Vegas. Nightly News begins now. Even by Las Vegas standards, opening an $8.5 billion development in the middle of a recession is a very high-stakes play. The new city center is a 67-acre 6-tower colossus 거상, 대국. Hotels, residences, luxury shopping and one huge casino, 5 years in the making. It’s the development that almost wasn’t. 50% owned by Dubai world. That company went $60 billion in debt when the commercial real estate market tanked주식이 빠지다. The other developer, MGM Mirage, has 9 more Vegas properties hit hard by the recession and nearly went bankrupt. As recently as April that came within half an hour of abandoning the project. “We’ve had a couple of near death experiences.” 

 

But MGM wagered돈을 걸다, 보증하다 on an economic recovery and kept building. “Housing, a tourism, travel, it’s been a perfect storm of things that have hurt our community. And they realize that if we don’t do this, who can? If we don’t do this, who will?” It’s Vegas, reinventing itself yet again. no pyramids, castles, or Eiffel Towers. You get the sense here of being in some ultra clean unidentifiable metropolis. All shiny high-rises, parks and plazas. The idea? Attract visitors who might not otherwise come.

 

It’s worked before. When Vegas went beyond casinos to retail restaurants and entertainment, it grew.

But this 18 billion square foot growth spurt급성장 분출 is unprecedented. “Companies take chances. But Vegas companies take bigger chances. They’re supposed to gamble here. And that’s exactly MGM Mirage is doing.” Chris Jansing, NBC News, Las Vegas.

 

Speaking of those who have flown their missions, look at this piece of preserved World War II history after 65 years at the bottom of Lake Michigan. World War II era held kept fighter plane has been lifted pretty much intact 손상되지 않은 right out of the water. It crashed during a training exercise back in January of 45 near Chicago’s navy pier. By the way, the pilot survived the crash. He lived to tell about it. In fact today, he is 89 years old.

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