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ATLANTIC CITY — MGM Resorts International just bought out the Borgata, agreeing to pay Boyd Gaming $900 million for the half of Borgata it doesn't already own. MGM Resorts picks up the $600 million tab on liabilities and plans to sell the real estate to MGM Growth Properties real estate investment trust it created earlier this year for $1.175 billion in a sale-and-leaseback agreement. While that doesn’t really effect Las Vegas, the name could. Rumors point to the Monte Carlo on the Strip taking on the Borgata name. Wolfgang Puck, Bobby Flay and Marc Sherry are among the restaurateurs there. [The Street]
RIVIERA — The Las Vegas Convention and Visitors Authority plans to implode the first of two hotel tower on June 14. The Monaco Tower comes down at 2 a.m., followed by the Monte Carlo Tower, which possibly implodes in August. The resort closed in May 2015 to make way for expanded convention center space. [LVS]
NEW YORK CITY — The original Old Homestead Steakhouse in the Meatpacking District was accused of charging $350 for Kobe beef that is fake. Inside Edition originally came out with the story accusing the restaurant of falsely labeling meat Kobe. Only eight restaurants in the United States including SW Steakhouse and Mizumi at Wynn Las Vegas and Bazaar Meat at SLS Las Vegas earned recognition from the Kobe Beef Association, and that list didn’t include Old Homestead. Owner Marc Sherry tells the New York Daily News that he’s sold Kobe beef for the past 25 years and says "he’s never heard of that organization and Inside Edition put too much stock in their listings." Old Homestead has a location at Caesars Palace. [NYDN]
NORTHWEST INDIANA — A restaurant in the Chicago suburbs went all in on the Sin City theme. The new Vegas Cafe takes Vegas landmarks and turns them into dishes such as The Venetian sandwich with baked chicken, bacon, onion, provolone and roasted peppers, or wraps including the Caesars Palace with chicken and lettuce. Televisions show some of the shows found in Vegas, while the interior here features a "Vegas decor." [Chicago Tribune]
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