Deutsche Bank gaming analyst Bill Lerner issued this analysis this morning in his regular emails:
Make of it what you will. I didn't find the Bloomberg story, but I did find this Reuters piece from two hours ago in which one of Elad's main partners denies any deal pending with Las Vegas Sands or Adelson. As Lerner says, it doesn't make a whole lot of sense. It also doesn't make any sense for Wynn, who has all that free land behind him on the golf course to develop, to go picking up the land across the street unless he really, really, really wants to control the view and the price was ridiculously cheap.
Gosh, there are an awful lot of moving parts on the Strip these days, aren't there?