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Non-Tech : Casinos/Gambling and Favorite Destination Spots
BYD 77.87+0.6%Oct 31 9:30 AM EST

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From: JakeStraw6/21/2010 3:50:35 PM
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Major investor bets big on Vegas
lasvegassun.com

Paulson & Co., which predicted housing bust, says it’s time to buy

Paulson & Co. recently purchased 40 million shares in MGM Mirage and 4 million shares in Boyd Gaming, becoming one of the largest shareholders in both. And in a deal announced last week, Paulson will exchange previously acquired bonds in Harrah’s Entertainment for a 9.9 percent equity stake in the gaming giant.
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