Harrah's to buy landmark Horseshoe casino - 2004-01-14
The Harrah's casino chain will add a Las Vegas landmark to its list of properties when it purchases the troubled Binion's Horseshoe Hotel.

Harrah's revealed Monday night it had reached an agreement in principle to buy the Horseshoe, which was forced to close three days ago by federal marshals due to debt and unpaid wages and taxes.

The Binion family opened the Horseshoe in the "Glitter Gulch" area of downtown Vegas 52 years ago.
Read the full story at Washington Times

Venetian ponders sale of Grand Canal Shoppes - 2004-01-14
The Venetian hotel-casino has hired a financial adviser to look into selling its Grand Canal Shoppes retail mall in an attempt to raise capital to finance its planned new resort on the Las Vegas Strip.

The company announced Monday that it had retained Goldman, Sachs & Co., New York, to "explore strategic alternatives available" relating to the 500,000-square-foot mall adjacent to the hotel-casino.

Venetian officials said no decision has been made as to whether there would be a sale.
Read the full story at Las Vegas Sun