One of Sin City‘s most notorious tourist traps is on the chopping block — and casino bosses paid tens of millions just get their hands on it.
Caesars Entertainment quietly shelled out $66 million to buy out retail operator JGB Vegas Retail’s 92% stake in the Grand Bazaar Shops, securing 100% control of the sprawling outdoor shopping maze in front of the Horseshoe Las Vegas.
While the multimillion-dollar transaction seems to go largely unnoticed, local insiders say the stealth buyout means one thing: the Grand Bazaar Shops is living on borrowed time.
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