Leaders In Women's Sports Panel Discussion Braves-SunTrust Deal Worth $10M-Plus Hornets Sign Food Lion As Sponsor Turner Breaks MLB Playoff Ads Game Changers: Female Execs Talk Domestic Violence Las Vegas To Hold Meetings On Stadium Florida Hospital Expands Lightning Deal AFL Gives Jerry Kurz President Title Under Armour Signs Emmanuel Mudiay
Upcoming Conferences and Events
SBD/17/Sponsorships Advertising Marketing
ITT DELAYS CASINO COMPLEX PLANS INDEFINITELY
Published October 17, 1994
ITT has indefinitely delayed the construction of its $750M, 3,500 room Desert Kingdom casino complex. The company has decided to review its plans with three major new resorts are opening in Las Vegas, with a total of 10,500 rooms. There is concern that profits would be "squeezed" if visitors spend more time sightseeing than "pumping quarters" in slot machines. ITT will continue its $85M expansion of Desert Inn and its Sheraton Hotel chain may decide to acquire existing casino sites (Pauline Yoshihashi, WALL STREET JOURNAL, 10/17).