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BUSINESS -- Tuesday, December 23, 2003

Daily Photo

An ownership group, collectively known as Boulevard Invest, officially acquired the Desert Passage Mall from Trizec Properties on Monday for $240.5 million. Photo by Craig L. Moran.
THE STRIP: Deal for Desert Passage official

A group of East Coast investors on Monday completed a $240.5 million deal to acquire the Desert Passage at Aladdin shopping center from developer Trizec Properties.


Interest in wagering on events perseveres

WASHINGTON -- Hoping to head off terrorist attacks, the Pentagon last summer planned to set up a Web site to take bets on future events in Iraq and elsewhere in the Middle East.


BUSINESS DIGEST
Interest in wagering on events perseveres
WASHINGTON -- Hoping to head off terrorist attacks, the Pentagon last summer planned to set up a Web site to take bets on future events in Iraq and elsewhere in the Middle East.

Inside Business
Home Builders name officers, directors The Southern Nevada Home Builders Association recently installed its 2004 officers and directors.

Vestin Group chief executive plans to take company private
Vestin Group of Las Vegas Chairman and Chief Executive Officer Michael Shustek plans to make an offer to take the company private, company officials announced Monday.

Reno casinos still squeezed by Golden State's tribal halls
RENO -- Reno casinos continue to feel the pinch of growing competition from California Indian casinos.

In Brief
NEW YORK GM finishes split-off of Hughes Electronics General Motors Corp. on Monday completed the $6.

THE STRIP: Deal for Desert Passage official
A group of East Coast investors on Monday completed a $240.5 million deal to acquire the Desert Passage at Aladdin shopping center from developer Trizec Properties.

More signs of bad times at Horseshoe
In what casino industry observers believe is a sign of a near-term sale or closure of Binion's Horseshoe, the husband of property owner Becky Binion Behnen has asked state regulators to withdraw his gaming license application.



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