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Red Rock's Fertitta brothers pay their mum US$120m for casino land

The price per acre is more than double what rival Boyd Gaming paid for a similar parcel in February

Los Angeles

RED Rock Resorts Inc agreed to pay US$120 million to the mother of its controlling shareholders, billionaires Frank and Lorenzo Fertitta, for land under two of its resorts - a big score even by Las Vegas standards.

A trust for the Fertittas' parents, Victoria and her...

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