One project stalls; others move ahead

August 2008
Las Vegas Business Press (10712186);8/25/2008, Vol. 25 Issue 34, pP42
The article reports that the construction on Echelon, Nevada has been stopped, as announced by the officials of Boyd Gaming Corporation on August 1, 2008, until the credit markets healed and the remainder of the financing has been secured. Despite this, other construction still moves ahead with MGM Mirage releasing its quarterly earnings a few days after the said announcement. Gary Loveman, chief executive officer of Harrah's Entertainment, stated that they have no intention to stop the construction on Caesar's expansion.


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