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Boyd Gaming sells Echelon to Genting for $350 million

Genting Group says it is acquiring Echelon, an unfinished Las Vegas Strip project, from Boyd Gaming Corp. Genting plans a Resorts World complex for the site. “This is a game changer. … People were expecting a big new casino in Las Vegas was still three to five years away,” said Jeremy Aguero, a Las Vegas economist and consultant. Wall Street Journal http://online.wsj.com