Re: IP gets a reprieve
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Clark - there seems to be two camps at this stage, those who believe all strip facing properties will be sold off for the value of the realestate is greater than the value of the properties, and the camps that believe that Harrah's will maintain the strip properties.
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Wouldn't a third possibility be for Harrah's to retain the IP site, tear it down and redevelop it as a new resort? Or is there a reason that's not a viable option?
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I considered this as part of maintaining the strip properties.
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