Rumor is that the casino on the strip they are talking about buying is one of the three still owned by MGM---The Bellagio, MGM Grand, and Circus Circus. My guess is that Circus Circus is the one they are trying to buy because the others would be too expensive, but who knows. MGM's second quarter conference call stated that MGM wanted to get rid of all 3 (sale and leaseback I believe) by the Fall, which is almost here. Maybe Jericho is trying to buy all 3. That would be nice. Hopefully something will happen soon.
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