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resorts casino winnersHe added that the new Moulin Rouge will be the centerpiece of an area he’s dubbing “Uptown Las Vegas.While REITs are spending 12-15x for Gaming rents, LVS has market-leading assets in the most desirable destinations in the world, which we find to be undervalued given the consistent free cash flow (FCF), committed Capex and relationships with local government,” said Beynon in the note.Las Vegas Sands Corp.”Former Nevada Assemblyman Harvey Munford (D-Clark County) – an African American himself – favors another option for the Moulin Rouge site.2 billion – will require purchasing adjacent land and property to build another casino, hotel, entertainment venues including a 12,000-seat arena, and retail and office space.Beynon expects revenue there to decline 3 percent this year before increasing by 4 percent in 2020.cache creek casino woodland ca