A New Mega-Resort for Sin City

Boyd Gaming breaks ground on a new casino on the Las Vegas Strip, but some investors wonder when the $4.8 billion bet will pay off

If you're building a mega-resort in Las Vegas, time is money. So on June 19 when executives of Boyd Gaming (BYD) turned the first shovels of dirt on what will be Sin City's newest pleasure palace, the $4.8 billion Echelon, they quickly went from breaking ground to breaking a sweat. "There were 100 trucks [on site]," says Bob Boughner, the Boyd executive in charge of the project. "They were not there for show, they were there for work."

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