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LAS VEGAS-Revenue from Las Vegas Strip resorts will grow next year by as much as 7.0% in 2010 thanks to new resorts like CityCenter, the $9-billion, 18-million-square-foot development opening in December between Bellagio and Monte Carlo resorts. This is the forecast of the gaming experts at CB Richard Ellis, who just released their Las Vegas Strip Forecast & Investment Guide.

The 85-page analysis of the market concludes by predicting that total Strip revenue will increase between 3.0% and 7.0% while the same-store subset experiences a nearly identical decline of between 3.0% and 6.9% because the new supply will cannibalize existing inventory, which includes everything but CityCenter, the final tower of the Hard Rock resort expansion, set to open late this year, and a new condo-hotel tower at Planet Hollywood. The prediction is based on the following assumptions:

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