Harrah’s to build retail strip in Las Vegas in 2011, CEO says

Wed, Jun 30, 2010 (3:49 p.m.)

Harrah’s Entertainment Inc., the world’s biggest casino company, plans to build a postponed retail development next year between its Flamingo and O’Sheas casinos in Las Vegas that includes a giant Ferris wheel.

The street of bars, restaurants, shops and entertainment will cost “a lot less” than $1 billion and revives the Project Linq development first envisioned in 2006, Chairman and Chief Executive Officer Gary Loveman said in an interview.

See the full story from Business Week.

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