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Carl Icahn’s Las Vegas investments
 
Carl Icahn’s Las Vegas investments

Billionaire hedge fund activist Carl Icahn has made some big bets on Nevada that have paid off. Icahn purchased the Stratosphere out of bankruptcy court in 1998. He also bought two Arizona Charlie’s casinos and a Laughlin casino. He sold those properties for $1.3 billion in 2007. Icahn bought the partially built, mothballed Fontainebleau hotel out of bankruptcy for around $150 million in 2010. He sold it for $600 million in 2017. In 2008, Icahn bought a stake in Tropicana Entertainment. He sold it last year before the market selloff to Eldorado Resorts for $1.85 billion. In 2019, Icahn confirmed that he has purchased a 9.8 percent stake in Caesars Entertainment Corp. worth more than $600 million.

Mike Kelly talks on Feb. 19
 
Mike Kelly talks on Feb. 19

The Golden Knights assistant coach discussed injuries and the “dog days” of the season.

Las Vegas Yard House margarita changes color in the glass
 
Las Vegas Yard House margarita changes color in the glass

The cocktail, as made by lead bartender Taylor Cole at Town Square in Las Vegas, changes from deep blue to magenta because of a chemical reaction between its butterfly pea flowers and citrus agave. Heidi Knapp Rinella/Review-Journal

The Right take: NSEA warns Sisolak’s proposed budget could mean “layoffs, reductions in services, and even larger class sizes.” – VIDEO
 
The Right take: NSEA warns Sisolak’s proposed budget could mean “layoffs, reductions in services, and even larger class sizes.” – VIDEO

The implication of a revised funding formula is that school districts and
teachers will receive substantially more money. But revising the funding formula will only
rearrange who gets the existing money. In 2016, Nevada’s smallest five school districts received
less than $15 million in state funding. That’d barely be a rounding error in the Clark County
School District’s $2.4 billion budget.

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