Tuesday, November 29, 2011

Wow! A proposed billion dollar casino for Miami



From the 11/29/11  WSJ:

A Malaysian gambling company wants to build what could be the world's largest casino on prime land along Miami's waterfront. It has spent about $450 million on real estate, pledged to help rebuild part of an interstate highway and hired 23 lobbyists to press for a new Florida law. The focus of Genting Bhd.'s costly campaign is a proposed $3.8 billion casino resort with six towers, 50 restaurants and a shopping mall overlooking Biscayne Bay.