Orlando City Unveils New Stadium Design BBVA Bancomer Stadium Opens NFL, Union Ask For Expedited Court Schedule DraftKings Expands MLB Partnerships NHL Looking At '22 Beijing Games NBA Hosting African Game Berman, Dilfer To Call "MNF" Game Chung Mong-Joon Launches Bid For FIFA Presidency Turnkey Survey Shows Importance Of Internships NBC, ESPN, Fox Expected To Bid On EPL
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).