Michael Jordan invests in new Vegas resort-casino - 2005-01-13
Michael Jordan has been known to wager on everything from golf to the basketball shoot-around game H-O-R-S-E. Now Mr. Jordan will try his luck as a partner in the planned Aqua Blue Luxury Condominium Hotel Resort & Spa in Las Vegas.
Jordan may be risking something more valuable with his Vegas investment however, and that is his status as Madison Avenue's all-time pitchman.
The $600 million development that includes a casino will start construction this summer. The 825-unit complex, with condos selling for $399,000 to $1.2 million, is to open in 2007.
Read the full story at AZ Central.com, AZ