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Someone Dropped $300K on a Steak Dinner During CES

Was it a sign of something, some harbinger of the good times returning, or an omen that they’re about to burst like they did at the start of the millennium?

If you missed it, the news flashed across our screens a little before noon EST yesterday, just one headline tucked in with others emanating from the conference call following the release of MGM Resorts International’s fourth-quarter earnings. The headlines went like this: special dividend, revenue from baccarat, some guests spent $300,000 on dinner, the company’s contemplating a REIT structure...