Boyd Delays Echelon Casino Project

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The Echelon, a massive Las Vegas casino and hotel building project, has been suspended by Boyd Gaming. Like pretty much all of Vegas they are feeling the pinch of reduced gambling and hotel revenue. While normally when a company halts a project that is already under construction it’s a bad sign, but investors were actually encourage by the move and Boyd (nyse: BYD) saw shares go up 19.4% to $11.92 ...

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