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Resorts World Watch

Looks like Genting, the Resorts World developer has lost interest in the Miami-Dade School board site and will contain development to the Miami Herald and OMNI properties they already own, after it came to light a few days ago that they had put in a bid for it last year. Well, since they aren't getting their Casino, and building just a scaled down Resorts World, they don't need the extra school board land, which is now considering other bidders. Any movement on the property will, however, probably take at least a year. [Miami Herald]