One of the world's biggest casino operators has hired Los Angeles shopping center magnate Rick Caruso to develop a $550-million retail and entertainment district in the middle of the Las Vegas Strip crowned by an enormous Ferris wheel.
Caruso, who is weighing a run for mayor of Los Angeles, was tapped by Caesars Entertainment Corp. to oversee creation of the Linq, a new open-air attraction across Las Vegas Boulevard from Caesars Palace.
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