French casino firm joins Vegas investors

LAS VEGAS -- Paris-based Groupe Partouche has joined Boccardi Capital Systems, Inc.'s (BCS) roster of investors for a new Las Vegas Strip property.

Groupe Partouche is a leading French casino operator that is operating or developing properties in Belgium, Morocco, the Caribbean, Romania and Tunisia. BCS, a Las Vegas-based development company, currently is scouting sites for the construction of a resort hotel, casino and entertainment property. Details on the project are expected to be announced next year.

BCS already has hired Arthur Andersen and the Economic Research Associates to complete feasibility reports, which are anticipated in January. HNTB Corp., a leading architecture, engineering and planning firm, has been retained for property design concepts. Perini Building Co., which has built such hotel casino projects as the Luxor, Harrah's Las Vegas and Paris-Las Vegas, has signed on as the general contractor.

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