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Harrah’s to Sell Two Properties

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From Associated Press

Harrah’s Entertainment Inc. said it would sell the Flamingo hotel-casino in Laughlin, Nev., to American Real Estate Partners, which owns the Stratosphere hotel-casino in Las Vegas and the Sands hotel-casino in Atlantic City, N.J. American will also acquire 7.7 acres of undeveloped Atlantic City land in the $170-million cash deal.

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